DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)1 MICHIGAN FOR THE GLOBAL MAJORITY INC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $369K in total revenue in fiscal year 2020. Revenue surged 903% from the prior year, signaling strong growth momentum. Expenses of $354K left a modest 4% surplus.
To educate assist and empower marginalized individuals and groups to be permanent contributing and independent members of local communities. To improve intergenerational relations amongst and within various cultural communities. To organize and promote educational and social community centered events and initiatives that promote equality fairness and inclusion throughout all facets of society.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $369,414 | $36,818 | +9.0% |
| Expenses | $353,657 | $8,765 | +39.3% |
| Net Income | $15,757 | $28,053 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kate Baker | Secretary | 1.00 |
Officer
|
$0 | $0 | $0 |
| Lesli Castellanos | President | 1.00 |
Officer
|
$0 | $0 | $0 |
| Mohammed Cherri | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Samantha Magdaleno | Executive Director0 | 1.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $369,414 | $353,657 | $31,646 | $15,757 |
Compare 1 MICHIGAN FOR THE GLOBAL MAJORITY INC with other nonprofits in Michigan and across the country.