ECONOMIC JUSTICE ALLIANCE OF MICHIGAN (EIN 474734132) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

DeWAYNE WELLS

Phone

3136564455

Tax Period

2024-01-01 to 2024-12-31

ECONOMIC JUSTICE ALLIANCE OF MICHIGAN, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $317K in total revenue in fiscal year 2024. Revenue surged 388% from the prior year, signaling strong growth momentum. Expenses of $742K exceeded revenue, resulting in a 134% operating deficit.

Mission

TO ADVANCE ECONOMIC JUSTICE IN MICHIGAN

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $314,048

Program Service Revenue $0

Investment Income $0

Other Revenue $2,701

TOTAL REVENUE $316,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,870

Fundraising Expenses $41,085

Program Expenses $584,200

Other Expenses $528,053

TOTAL EXPENSES $741,923

Year-over-Year Comparison

	2024	2023	Change
Revenue	$316,749	$64,860	+3.9%
Expenses	$741,923	$734,948	+0.0%
Net Income	$-425,174	$-670,088	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$98,367

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DeWAYNE WELLS	EXECUTIVE DIRECTOR	040.00	Officer	$98,367	$0	$98,367
ALICIA RENEE FARRIS	CHAIRPERSON	002.00	Officer Director	$0	$0	$0
BRENAE ARTHUR-JONES	SECRETARY	002.00	Officer Director	$0	$0	$0
RANDY BLOCK	TREASURER	002.00	Officer Director	$0	$0	$0
LINDA CAMPBELL	MEMBER	002.00	Director	$0	$0	$0
CHRIS WHITE	MEMBER	002.00	Director	$0	$0	$0
KAREN TYLER-RUIZ	MEMBER	002.00	Director	$0	$0	$0
AQEELA MUNTAGIM	MEMBER	002.00	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
2024	$316,749	$741,923	$196,184	$-425,174
2023	$64,860	$734,948	$625,278	$-670,088
2021	$217,506	$774,695	$947,402	$-557,189
2020	$1,448,218	$783,209	$1,506,461	$665,009
2019	$777,015	$756,927	$839,582	$20,088
2018	$800,714	$745,656	$819,494	$55,058

ECONOMIC JUSTICE ALLIANCE OF MICHIGAN