EXTRAORDINARY VENTURES OF MICHIGAN

EIN: 475417801 501(c)(3)

OXFORD, MI

Total Revenue
$180,803
Total Expenses
$225,876
Total Assets
$89,848
Net Assets
$82,644
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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
MI
Tax Period
2018-01-01 to 2018-12-31

EXTRAORDINARY VENTURES OF MICHIGAN, founded in 2015, is a small nonprofit that reported $181K in total revenue in fiscal year 2018. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $226K exceeded revenue, resulting in a 25% operating deficit.

Mission

EVM CREATES CUSTOMIZED EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WHO MAY HAVE A DEVELOPMENTAL DISABILITY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $108,932
Program Service Revenue $71,130
Investment Income $0
Other Revenue $741
TOTAL REVENUE $180,803

Expense Breakdown

Grants Paid $0
Salaries & Benefits $150,015
Fundraising Expenses $200
Program Expenses $96,080
Other Expenses $75,861
TOTAL EXPENSES $225,876

Year-over-Year Comparison

2018 2017 Change
Revenue $180,803 $312,380 -0.4%
Expenses $225,876 $269,202 -0.2%
Net Income $-45,073 $43,178 -2.0%
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
5
Independent Members
2
Employees
9
Volunteers
7

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
$50,000
Total Directors
5
$50,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN DARCY CHAIR 0.00
Director
$0 $0 $0
COLLEEN ALLEN TRUSTEE 1.00
Director
$0 $0 $0
MARIO MOSCONE TRUSTEE 1.00
Director
$0 $0 $0
DON REID EXECUTIVE DIRECTOR 40.00
Officer Director
$50,000 $0 $50,000
PATRICK KEMP TRUSTEE 1.00
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
2018 $180,803 $225,876 $89,848 $-45,073
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