MIS BUSINESS LEADERSHIP COUNCIL (EIN 452846191) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

DONOVAN D CRONKHITE

Phone

5177832637

Tax Period

2023-01-01 to 2023-12-31

Mission

TO SUPPORT THE MOTORSPORTS ENTERTAINMENT INDUSTRY AND ITS RELATED CAUSES AND ENTITIES AND TO AID AND ASSIST IN PROMOTING THE BUSINESS INTEREST AND ECONOMIC GROWTH OF MOTORSPORTS ENTERTAINMENT AND INDUSTRY ACTIVITIES, EVENTS, AND FUNCTIONS, AND IN EDUCATING THE PUBLIC ON THE SPEEDWAY. THE CORPORATION SHALL PROMOTE INSTRUCTIVE PROGRAMS FOR VISITORS AND LOCAL CITIZENS TO WORK FOR GOODWILL AND ECONOMIC GROWTH FOR THE REGION SURROUNDING MICHIGAN INTERNATIONAL SPEEDWAY AND HELP EDUCATE THE PUBLIC TOWARD SUPPORT OF ALL RACING AND RELATED ACTIVITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,170

TOTAL EXPENSES $1,170

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$1,170	$1,411	-0.2%
Net Income	N/A	$-1,411	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG BARBER	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
DONOVAN D CRONKHITE	PRESIDENT	N/A	Officer Director	$0	$0	$0
ROBERT M SMITH	TREASURER	N/A	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	No data	$1,170	$18,013	No data
2022	No data	$1,411	$19,183	No data
2021	No data	$761	$20,594	No data
2020	No data	$4,593	$21,355	No data
2019	$161,861	$147,978	$25,948	$13,883
2018	$165,826	$175,119	$12,065	$-9,293

MIS BUSINESS LEADERSHIP COUNCIL