MICHIGAN CONSERVATIVE ENERGY FORUM

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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

2015

Legal Domicile

Phone

5177497910

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN CONSERVATIVE ENERGY FORUM, founded in 2015, is a micro nonprofit that reported $25K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $28K exceeded revenue, resulting in a 14% operating deficit.

Mission

TO FACILITATE A CLEAN ENERGY DIALOGUE AMONG CENTER-RIGHT LEADERS AND ACTIVISTS.

Program Service Accomplishments

Program 1

Expenses: $18,485

EDUCATING OUR MEMBERS AND THE GENERAL PUBLIC, MICEF HELPS TO EDUCATE LEGISLATORS AND THEIR LEGISLATIVE STAFFS. MICEF WORKED CLOSELY WITH ALL STAKEHOLDERS IN THE MICHIGAN ENERGY COMMUNITY IN A...

EDUCATING OUR MEMBERS AND THE GENERAL PUBLIC, MICEF HELPS TO EDUCATE LEGISLATORS AND THEIR LEGISLATIVE STAFFS. MICEF WORKED CLOSELY WITH ALL STAKEHOLDERS IN THE MICHIGAN ENERGY COMMUNITY IN A COLLABORATIVE EFFORT TO FOCUS ON CLEAN AND RENEWABLE ENERGY EXPANSION 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 $24,931

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $24,931

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,000

Fundraising Expenses $0

Program Expenses $18,485

Other Expenses $25,500

TOTAL EXPENSES $28,500

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,931	$28,367	-0.1%
Expenses	$28,500	$45,671	-0.4%
Net Income	$-3,569	$-17,304	-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
EDWARD RIVET II	EXECUTIVE DIRECTORTRUSTEE	40.00	Director Key Emp	$0	$0	$0
TERRIS TODD	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT VERHUELEN	SECRETARY	1.00	Officer Director	$0	$0	$0
LARRY WARD	TREASURER	1.00	Officer	$0	$0	$0
DENNIS DUCHENE	PRESIDENT	1.00	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	$24,931	$28,500	No data	$-3,569
2023	$28,367	$45,671	$60,996	$-17,304
2022	$6,204	$46,662	$73,451	$-40,458
2021	$80,947	$74,998	$116,291	$5,949
2021	$80,947	$74,998	$116,291	$5,949
2020	$65,242	$50,359	$110,342	$14,883
2019	$200,462	$236,292	$95,459	$-35,830
2018	$273,594	$279,537	$131,289	$-5,943