Michigan Energy First

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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

Theresa Uzenski

Phone

5179770147

Tax Period

2023-01-01 to 2023-12-31

Michigan Energy First, founded in 2014, is a small nonprofit in the Civil Rights & Advocacy sector that reported $369K in total revenue in fiscal year 2023. Revenue surged 696% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 315% operating deficit.

Mission

The Organizations program activities were primarily contributions to other non-profits with similar objectives and missions, political and advocacy activities, and research. The Organization also conducted surveys and research regarding public policy and maintained a website to convey findings to the general public.

Program Service Accomplishments

Program 1

Expenses: $1,060,659

The Organizations program activities were primarily contributions to other non-profits with similar objectives and missions, political and advocacy activities, and research. The Organization also...

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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 $368,575

Other Revenue $0

TOTAL REVENUE $368,575

Expense Breakdown

Grants Paid $380,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,060,659

Other Expenses $1,148,569

TOTAL EXPENSES $1,528,569

Year-over-Year Comparison

	2023	2022	Change
Revenue	$368,575	$46,280	+7.0%
Expenses	$1,528,569	$4,852,614	-0.7%
Net Income	$-1,159,994	$-4,806,334	-0.8%

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
Eric Doster	Director/Secretary	001.00	Officer Director	$0	$0	$0
Andrew Coulouris	Director/President	001.00	Officer Director	$0	$0	$0
Frank Fountain	Director	001.00	Director	$0	$0	$0
Michael Nofs	Director	001.00	Director	$0	$0	$0
Ken Sikkema	Director	001.00	Director	$0	$0	$0
Theresa Uzenski	Treasurer	001.00	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
2024	No data	No data	No data	No data
2023	$368,575	$1,528,569	$7,600,248	$-1,159,994
2022	$46,280	$4,852,614	$8,760,242	$-4,806,334
2021	$5,009,192	$3,638,943	$13,547,180	$1,370,249
2020	$130,986	$7,542,366	$12,177,216	$-7,411,380