Michigan Employment & Training Plus

EIN: 471288388 501(c)(3) Philanthropy & Grantmaking

Detroit, MI

Total Revenue
$1,188,350
Total Expenses
$986,018
Total Assets
$1,015,583
Net Assets
$557,757
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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
MI
Phone
8663711130
Tax Period
2025-01-01 to 2025-12-31

Michigan Employment & Training Plus, founded in 2014, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2025. The organization ran a surplus of $202K, a strong 17% operating margin.

Mission

Provide support through our health programs, housing assistance, and connecting with communities in need by redistributing essential goods to their trusted local nonprofits, schools, and religious institutions.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $42,994
Program Service Revenue $831,855
Investment Income $421,786
Other Revenue $-108,285
TOTAL REVENUE $1,188,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $377,793
Fundraising Expenses $0
Program Expenses $986,018
Other Expenses $608,225
TOTAL EXPENSES $986,018

Year-over-Year Comparison

2025 2024 Change
Revenue $1,188,350 N/A N/A
Expenses $986,018 N/A N/A
Net Income $202,332 N/A 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

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Governance

Voting Members
1
Independent Members
1
Employees
18
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Chet M Pitts President 40.00
Officer
$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 $1,188,350 $986,018 $1,015,583 $202,332
2024 $252,006 $279,559 $558,219 $-27,553
2023 $249,112 $239,874 $324,895 $9,238
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