THE ANCHOR INITIATIVE (EIN 472475316) - 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

TERRENCE MIERZWA

Phone

5177828221

Tax Period

2024-01-01 to 2024-12-31

THE ANCHOR INITIATIVE, founded in 2014, is a micro nonprofit that reported $17 in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $132K exceeded revenue, resulting in a 775794% operating deficit.

Mission

THE ANCHOR INITIATIVE IS JACKSON MICHIGAN'S PRIVATE SECTOR EFFORT FOCUSED ON TRANSFORMING ITS DOWNTOWN; AND, IN DOING SO, MAKING THE ENTIRE COMMUNITY A MORE VIBRANT PLACE TO LIVE, LEARN AND WORK.

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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 $0

Other Revenue $17

TOTAL REVENUE $17

Expense Breakdown

Grants Paid $18,120

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $128,214

Other Expenses $113,782

TOTAL EXPENSES $131,902

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17	$190,097	-1.0%
Expenses	$131,902	$259,619	-0.5%
Net Income	$-131,885	$-69,522	+0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDY GLICK	DIRECTOR	N/A	Director	$0	$0	$0
RON GRIFFITH	DIRECTOR	N/A	Director	$0	$0	$0
JERRY KURFESS	DIRECTOR	N/A	Director	$0	$0	$0
SARAH RICHMOND	SECRETARY	N/A	Officer Director	$0	$0	$0
SCOTT STURGIS	DIRECTOR	N/A	Director	$0	$0	$0
TERRENCE MIERZWA	CHAIR	N/A	Officer Director	$0	$0	$0
RICHARD COLLINS	VICE CHAIR	N/A	Officer Director	$0	$0	$0
LINDSEY ERB	DIRECTOR	N/A	Director	$0	$0	$0
JENIFER ROBINSON	TREASURER	N/A	Officer Director	$0	$0	$0
SARAH ERMATINGER	OFFICER	N/A	Officer Director	$0	$0	$0
CINDY HARRISON	DIRECTOR	N/A	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	$17	$131,902	No data	$-131,885
2023	$190,097	$259,619	$137,849	$-69,522
2022	$270,039	$253,402	$204,270	$16,637
2021	$262,366	$262,738	$188,673	$-372
2020	$234,547	$291,633	$188,141	$-57,086
2019	$400,039	$300,032	$242,227	$100,007
2018	$308,102	$478,529	$152,358	$-170,427

THE ANCHOR INITIATIVE