MICE K12

EIN: 825118658 501(c)(3) Education

ESSEXVILLE, MI

Total Revenue
$550,020
Total Expenses
$488,175
Total Assets
$277,744
Net Assets
$277,744
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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
MI
Principal Officer
PATRICK SCHULTZ
Phone
9897147572
Tax Period
2023-01-01 to 2023-12-31

MICE K12, founded in 2018, is a small nonprofit in the Education sector that reported $550K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $488K left a modest 11% surplus.

Mission

TEACH TRAINING SEMINARS AND BUILD EDUCATIONAL CURRICULUMS FOR ENHANCING CYBERSECURITY COMPUTER SCIENCE EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $549,970
Investment Income $50
Other Revenue $0
TOTAL REVENUE $550,020

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,345
Fundraising Expenses $0
Program Expenses $399,676
Other Expenses $237,830
TOTAL EXPENSES $488,175

Year-over-Year Comparison

2023 2022 Change
Revenue $550,020 $587,318 -0.1%
Expenses $488,175 $491,984 0.0%
Net Income $61,845 $95,334 -0.4%
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
2
Independent Members
N/A
Employees
4
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
2
$126,692
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICK SCHULTZ PRESIDENT 25.00
Officer
$73,346 $0 $73,346
DENNIS KLAAS SECRETARY/TREASURER 25.00
Officer
$53,346 $0 $53,346
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 $550,020 $488,175 $277,744 $61,845
2022 $587,318 $491,984 $216,451 $95,334
2021 $343,676 $300,455 $121,117 $43,221
2020 $270,061 $270,038 $77,897 $23
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