MM NONPROFIT HOUSING CORPORATION (EIN 460788470) - 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

2014

Legal Domicile

Principal Officer

JANE S MACKENZIE

Phone

2315826244

Tax Period

2024-01-01 to 2024-12-31

MM NONPROFIT HOUSING CORPORATION, founded in 2014, is a micro nonprofit in the Housing & Shelter sector that reported $93K in total revenue in fiscal year 2024. Expenses of $139K exceeded revenue, resulting in a 50% operating deficit.

Mission

DEVELOPMENT AND MANAGEMENT OF A 10 UNIT LOW-INCOME HOUSING PROJECT LOCATED IN EAST JORDAN, MI.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $92,753

Investment Income $49

Other Revenue $0

TOTAL REVENUE $92,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,254

Fundraising Expenses $0

Program Expenses $93,249

Other Expenses $114,547

TOTAL EXPENSES $138,801

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,802	$90,678	+0.0%
Expenses	$138,801	$122,390	+0.1%
Net Income	$-45,999	$-31,712	+0.5%

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

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

$90,480

Total Directors

$90,480

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNON FENDER	DIRECTOR	1.00	Director	$0	$0	$0
RANDY FRYKBERG	DIRECTOR	1.00	Director	$0	$0	$0
MEL MATCHETT	DIRECTOR	1.00	Director	$0	$0	$0
TOM JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN OLSZEWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID WHITE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JANE MACKENZIE	PRESIDENT	2.00	Officer Director	$0	$4,309	$90,480

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	$92,802	$138,801	$1,185,162	$-45,999
2023	$90,678	$122,390	$1,230,517	$-31,712
2022	$92,046	$126,997	$1,262,540	$-34,951
2021	$88,008	$117,936	$1,295,562	$-29,928
2020	$86,156	$127,968	$1,325,614	$-41,812
2019	$81,343	$123,109	$1,366,667	$-41,766
2018	$78,995	$114,323	$1,407,332	$-35,328

MM NONPROFIT HOUSING CORPORATION