INVEST MICHIGAN (EIN 463865120) - 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

2013

Legal Domicile

Principal Officer

CHARLES MORET

Phone

3134054103

Tax Period

2024-04-01 to 2025-03-31

INVEST MICHIGAN, founded in 2013, is a micro nonprofit in the Community Improvement sector that reported $463K in total revenue in fiscal year 2024.

Mission

TO ENHANCE TECHNOLOGICAL INNOVATION BY CREATING A NURTURING ENVIRONMENT DESIGNED TO ATTRACT START-UP AND EMERGING TECHNOLOGY-ORIENTED BUSINESS IN MICHIGAN.

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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 $0

Investment Income $-462,741

Other Revenue $0

TOTAL REVENUE $-462,741

Expense Breakdown

Grants Paid $0

Salaries & Benefits $278,362

Fundraising Expenses $0

Program Expenses $348,401

Other Expenses $83,991

TOTAL EXPENSES $362,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-462,741	$-659,221	-0.3%
Expenses	$362,353	$434,761	-0.2%
Net Income	$-825,094	$-1,093,982	-0.2%

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

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

$250,000

Total Directors

$250,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES MORET	PRESIDENT & CEO	40.00	Officer Director	$250,000	$0	$250,000
JODY VANDERWEL	TREASURER	1.00	Officer Director	$0	$0	$0
MATTHEW TURNER	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES BAKER RESIGNED 12-24-24	DIRECTOR	0.00	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
2025	$-462,741	$362,353	$13,797,677	$-825,094
2024	$-659,221	$434,761	$14,987,401	$-1,093,982
2023	$87,646	$586,605	$16,125,245	$-498,959
2022	$-309,731	$722,704	$16,280,622	$-1,032,435
2021	$331,402	$805,070	$15,931,853	$-473,668
2020	$991,918	$960,798	$15,463,449	$31,120
2019	$4,091,653	$592,814	$13,816,641	$3,498,839

INVEST MICHIGAN