MICHIGAN MANUFACTURING AND TECHNOLOGY ASSOCIATION (EIN 843239272) - 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

2019

Legal Domicile

Principal Officer

ELIZABETH BERNHARD

Phone

2699271064

Tax Period

2022-07-01 to 2023-06-30

MICHIGAN MANUFACTURING AND TECHNOLOGY ASSOCIATION, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2022. Revenue surged 246% from the prior year, signaling strong growth momentum. Expenses of $955K left a modest 14% surplus.

Mission

THE MANUFACTURING GROWTH ALLIANCE (MGA) CHAMPIONS, SERVES AND ADVOCATES FOR MICHIGAN'S SMALL MANUFACTURERS, WITH THE GOAL OF MAKING MANUFACTURING THE MOST COMPETITIVE AND PROSPEROUS IN THE NATION.

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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 $1,109,292

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,109,292

Expense Breakdown

Grants Paid $742,509

Salaries & Benefits $111,456

Fundraising Expenses $0

Other Expenses $100,766

TOTAL EXPENSES $954,731

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,109,292	$320,191	+2.5%
Expenses	$954,731	$82,406	+10.6%
Net Income	$154,561	$237,785	-0.3%

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

$89,613

Total Directors

$450,871

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD GUSTAFSON	BOARD MEMBER	1.00	Director	$0	$26,881	$278,043
ORRIN BAILEY	BOARD MEMBER	1.00	Director	$0	$19,186	$172,828
ELIZABETH BERNHARD	EXECUTIVE DI	40.00	Officer	$85,108	$4,505	$89,613
KAREN ARONDOWSKI	BOARD MEMBER	1.00	Director	$0	$0	$0
ELLINGTON ELLIS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN GOODELL	BOARD MEMBER	1.00	Director	$0	$0	$0
VAIL HARDING	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
STEVE JACKSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
COLLEEN KILLEN-ROBERTS	SECRETARY	1.00	Officer Director	$0	$0	$0
RODNEY PARKKONEN	BOARD MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,109,292	$954,731	$1,224,643	$154,561
2022	$320,191	$312,466	$169,084	$7,725
2021	$95,032	$211,645	$23,508	$-116,613

MICHIGAN MANUFACTURING AND TECHNOLOGY ASSOCIATION