MICHIGAN READING ASSOCIATION (EIN 823993292) - 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

2018

Legal Domicile

Principal Officer

LIZ LIETZ

Phone

6166479310

Tax Period

2024-07-01 to 2025-06-30

MICHIGAN READING ASSOCIATION, founded in 2018, is a small nonprofit in the Education sector that reported $282K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $74K, a strong 26% operating margin.

Mission

PROMOTE LITERACY BY ENABLING THE VARIED COMMUNITIES OF LEARNERS TO BECOME KNOWLEDGEABLE DECISION MAKERS AND BY PROVIDING OPPORTUNITIES TO SHARE COMMON AND DIVERSE INTERESTS AND BELIEFS.

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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 $19,834

Program Service Revenue $255,672

Investment Income $3,239

Other Revenue $3,427

TOTAL REVENUE $282,172

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,035

Fundraising Expenses $0

Program Expenses $162,570

Other Expenses $132,583

TOTAL EXPENSES $208,618

Year-over-Year Comparison

	2024	2023	Change
Revenue	$282,172	$261,096	+0.1%
Expenses	$208,618	$189,952	+0.1%
Net Income	$73,554	$71,144	+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

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
DIONNA ROBERTS	PRESIDENT ELECT	4.00	Director	$0	$0	$0
CHRISTIAN YOUNG	MEMBER AT LARGE	4.00	Director	$0	$0	$0
HEATHER ROTTERMOND	MEMBER AT LARGE	4.00	Director	$0	$0	$0
DR LAURA GABRION	TREASURER	4.00	Officer	$0	$0	$0
LIZ LIETZ	PRESIDENT	4.00	Officer	$0	$0	$0
ALYSSA ROGERS	SECRETARY	4.00	Officer	$0	$0	$0
JODI PFEIFER	VICE PRESIDENT	4.00	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	$282,172	$208,618	$400,361	$73,554
2024	$261,096	$189,952	$326,078	$71,144
2023	$256,269	$208,338	$261,566	$47,931
2022	$171,711	$155,917	$210,221	$15,794
2021	$141,337	$166,254	$184,952	$-24,917
2020	$56,728	$230,554	$221,238	$-173,826
2019	$519,417	$492,596	$407,308	$26,821

MICHIGAN READING ASSOCIATION