PEACE HOME MICHIGAN INC

EIN: 822333457 501(c)(3) Human Services

Southfield, MI

Total Revenue
$180,500
Total Expenses
$185,964
Total Assets
N/A
Net Assets
N/A
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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
2017
Legal Domicile
MI
Principal Officer
CASMIR NNAJI
Phone
2485082662
Tax Period
2024-01-01 to 2024-12-31

PEACE HOME MICHIGAN INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $180K in total revenue in fiscal year 2024.

Mission

TO PROVIDE ADULT FOSTER HOME AND CARE FOR DEVELOPMENTAL CHALLENGED AND MENTALLY DISABLED INDIVIDUALS WHO ARE CURRENTLY UNFIT FOR INDEPENDENT LIVING

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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 (2024)

Revenue Breakdown

Contributions & Grants $180,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $180,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $185,964
Other Expenses $185,964
TOTAL EXPENSES $185,964

Year-over-Year Comparison

2024 2023 Change
Revenue $180,500 N/A N/A
Expenses $185,964 N/A N/A
Net Income $-5,464 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CASMIR NNAJI PRESIDENT 40.00
Officer
$0 $0 $0
DR IFEOMA IKECHI SECRETARY 20.00
Officer
$0 $0 $0
FAUSTINA IROHA TREASURER 20.00
Officer
$0 $0 $0
MARTIN C NWOSU N/A 0.00
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
2025 No data No data No data No data
2024 $180,500 $185,964 No data $-5,464
2023 $195,600 $169,886 $73,277 $25,714
2022 $188,870 $163,908 $47,563 $24,962
2021 $139,109 $134,217 $22,601 $4,892
2020 $175,533 $147,665 $17,709 $27,868
2019 $85,078 $95,537 No data $-10,459
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