SOUTHEAST MICHIGAN ENTERPRISES INC (EIN 814250638) - 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

2016

Legal Domicile

Principal Officer

JAMES TESEN

Phone

3132466060

Tax Period

2023-10-01 to 2024-09-30

SOUTHEAST MICHIGAN ENTERPRISES INC, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $266K in total revenue in fiscal year 2023. Expenses of $230K left a modest 13% surplus.

Mission

SOUTHEAST MICHIGAN ENTERPRISES, INC. IS A NON-PROFIT ORGANIZATION COMMITTED TO ENHANCING EDUCATIONAL OPPORTUNITIES, IMPROVING BEHAVIORAL AND PHYSICAL HEALTH, AND REDUCING POVERTY FOR RESIDENTS OF SOUTHEAST 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $265,574

Investment Income $0

Other Revenue $0

TOTAL REVENUE $265,574

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $213,192

Other Expenses $229,802

TOTAL EXPENSES $229,802

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,574	$270,023	0.0%
Expenses	$229,802	$232,413	0.0%
Net Income	$35,772	$37,610	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES TESEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
SALLY STINSON	TREASURER	1.00	Officer Director	$0	$0	$0
MARK SCHRUPP	SECRETARY	1.00	Officer Director	$0	$0	$0
CATHERINE LIESMAN	DIRECTOR	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
2024	$265,574	$229,802	$871,363	$35,772
2023	$270,024	$235,204	$867,277	$34,820
2023	$270,023	$232,413	$867,541	$37,610
2022	$275,663	$217,487	$863,852	$58,176
2021	$242,069	$197,880	$843,643	$44,189
2020	$216,978	$192,473	$853,771	$24,505
2019	$235,432	$218,507	$861,815	$16,925
2018	$262,521	$241,539	$879,060	$20,982
2017	$317,822	$65,151	$877,138	$252,671

SOUTHEAST MICHIGAN ENTERPRISES INC