WEST MICHIGAN WPO

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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

2015

Legal Domicile

Principal Officer

ERIC WOLFF

Phone

6165287055

Tax Period

2022-07-01 to 2023-06-30

WEST MICHIGAN WPO, founded in 2015, is a small nonprofit that reported $250K in total revenue in fiscal year 2022. Revenue surged 252% from the prior year, signaling strong growth momentum.

Mission

THE CHAPTER IS ORGANIZED EXCLUSIVELY FOR THE EXCHANGE OF IDEAS, EXPERIENCES, AND PRACTICES PERTAINING TO THE PROBLEMS OF BUSINESS MANAGEMENT WITHIN THE MEANING OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, AS AMENDED, AND MAY MAKE EXPENDITURES FOR ONE OR MORE OF THESE PURPOSES. WITHOUT LIMITING OR EXPANDING THE FOREGOING, THE CHAPTERS SPECIFIC PURPOSE SHALL BE:1. TO PROVIDE AN ASSOCIATION FOR EXECUTIVES WHO HAVE MUTUAL INTERESTS2.TO DEVELOP, PROMOTE, AND FURTHER THE EXCHANGE OF EXPERIENCES, IDEAS, AND BUSINESS PRACTICES TO IMPROVE EXECUTIVE PRACTICES AND PERFORMANCE.3.TO PROVIDE ASSOCIATE WITH THE WORLD PRESIDENTS ORGANIZATIONGROUP EXEMPT #3316

Program Service Accomplishments

Program 1

HOLD OFFICER WORKSHOP TRAINING SESSIONS, CONFERENCES, AND BUSINESS MEETINGS/SEMINARS FOR BUSINESS EXECUTIVES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $249,725

Investment Income $0

Other Revenue $0

TOTAL REVENUE $249,725

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $251,666

TOTAL EXPENSES $251,666

Year-over-Year Comparison

	2022	2021	Change
Revenue	$249,725	$70,858	+2.5%
Expenses	$251,666	$116,590	+1.2%
Net Income	$-1,941	$-45,732	-1.0%

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
DAN BYRNE	CHAPTER CHAIR	5.00	Officer Director	$0	$0	$0
ERIC WOLFF	TREASURER	5.00	Officer Director	$0	$0	$0
NIKOLAS DICKE	FORUM OFFICER	5.00	Officer Director	$0	$0	$0
KAREN DICKE	SPOUSE COORDINATOR	5.00	Officer Director	$0	$0	$0
RON ALVESTEFFER	EDUCATION	5.00	Officer Director	$0	$0	$0
JOE VANDERKELEN	MEMBERSHIP	5.00	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
2023	$249,725	$251,666	$559	$-1,941