MICHIGAN COUNCIL OF CHARTER SCHOOL AUTHORIZERS (EIN 810619374) - Form 990 Financial Analysis & Trantor Score

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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

2003

Legal Domicile

Principal Officer

COREY NORTHROP

Phone

9892397556

Tax Period

2024-07-01 to 2025-06-30

MICHIGAN COUNCIL OF CHARTER SCHOOL AUTHORIZERS, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $258K in total revenue in fiscal year 2024.

Mission

TO ADVANCE PUBLIC SCHOOL CHOICE AND ACCOUNTABILITY BY SUPPORTING HIGH- QUALITY OVERSIGHT AND SERVE AS THE VOICE FOR AUTHORIZERS ACROSS 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 $0

Program Service Revenue $257,956

Investment Income $0

Other Revenue $0

TOTAL REVENUE $257,956

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,400

Fundraising Expenses $0

Other Expenses $203,943

TOTAL EXPENSES $278,343

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,956	$256,777	+0.0%
Expenses	$278,343	$283,597	0.0%
Net Income	$-20,387	$-26,820	-0.2%

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

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

$74,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY SCHUMACHER	EXECUTIVE SE	2.00	Officer	$74,400	$0	$74,400
JUDEEN BARTOS	TREASURER	0.38	Officer Director	$0	$0	$0
LEAH BREEN	BOARD MEMBER	0.38	Director	$0	$0	$0
CANDICE CASEY	SECRETARY	0.48	Officer Director	$0	$0	$0
JOLIA HILL	BOARD MEMBER	0.38	Director	$0	$0	$0
KC HOLDER	BOARD MEMBER	0.38	Director	$0	$0	$0
CHRIS LOISELLE	BOARD MEMBER	0.38	Director	$0	$0	$0
ALYCIA MERIWEATHER	BOARD MEMBER	0.38	Director	$0	$0	$0
COREY NORTHROP	BOARD CHAIRM	1.00	Officer Director	$0	$0	$0
CHRIS OSHELSKI	BOARD MEMBER	0.48	Director	$0	$0	$0
MARIAH WANIC	VICE CHAIR	0.38	Officer 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
2025	$257,956	$278,343	$165,960	$-20,387
2024	$256,777	$283,597	$186,247	$-26,820
2023	$318,459	$301,524	$212,980	$16,935
2022	$208,103	$231,030	$196,790	$-22,927
2021	$217,635	$302,172	$219,582	$-84,537
2020	$415,870	$447,504	$316,569	$-31,634
2019	$331,063	$347,172	$335,328	$-16,109
2018	$395,898	$353,146	$360,053	$42,752

MICHIGAN COUNCIL OF CHARTER SCHOOL AUTHORIZERS