MICHIGAN FAITH IN ACTION (EIN 562593271) - 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

2006

Legal Domicile

Principal Officer

EILEEN HAYES

Phone

8105974221

Tax Period

2023-01-01 to 2023-12-31

MICHIGAN FAITH IN ACTION, founded in 2006, is a small nonprofit in the Community Improvement sector that reported $183K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $230K exceeded revenue, resulting in a 26% operating deficit.

Mission

MFA BRINGS PEOPLE OF FAITH TOGETHER, INSTITUTIONS AND ORGANIZATIONS TO BUILD COMMUNITY AND ADDRESS THE ROOT CAUSES OF POVERTY, VIOLENCE AND DIVISION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $182,981

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $182,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,178

Fundraising Expenses $0

Program Expenses $214,392

Other Expenses $73,861

TOTAL EXPENSES $230,039

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,981	$251,906	-0.3%
Expenses	$230,039	$228,743	+0.0%
Net Income	$-47,058	$23,163	-3.0%

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EILEEN HAYES	EXECUTIVE DI	40.00	Officer	$60,000	$0	$60,000
REV SHARINESE JACKSON	MEMBER	N/A	Director	$0	$0	$0
BISHOP BERNADEL JEFFERSON	MEMBER	N/A	Director	$0	$0	$0
REV ATHENA MCKAY	MEMBER	N/A	Director	$0	$0	$0
JAMES ROUSE	MEMBER	N/A	Director	$0	$0	$0
REV RIGEL DAWSON	TREASURER	N/A	Officer	$0	$0	$0
REV IRA EDWARDS	CHAIR	N/A	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	$182,981	$230,039	$334,439	$-47,058
2022	$251,906	$228,743	$382,461	$23,163
2021	$294,065	$213,691	$361,618	$80,374
2020	$561,823	$298,968	$327,644	$262,855
2019	$183,563	$297,283	$17,059	$-113,720
2018	$292,886	$387,211	$134,091	$-94,325

MICHIGAN FAITH IN ACTION