TRANSIT MATTERS TRANSIT MATTERS-MI (EIN 843686238) - 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

JARED FLEISHER

Tax Period

2022-01-01 to 2022-12-31

TRANSIT MATTERS TRANSIT MATTERS-MI, founded in 2019, is a small nonprofit that reported $920K in total revenue in fiscal year 2022.

Mission

To operate exclusively for the promotion of civic action and social welfare by promoting the common good and general welfare of the residents of, and visitors to the State of Michigan; to support public policies on the federal, state, and local levels, that will bring about civic betterments and social improvements to Michigan residents; to support activities and programs that improve the quality and effectiveness of government for the State of Michigan; to promote, encourage and advocate citizen participation in political events, civic events and activities, and governmental events and associated activities; to promote charitable causes, including lessening the burdens of government in the State of Michigan; and to receive and administer funds to sponor, conduct research, secure goods and services, or to hold events in conjuction with the promotion of these purposes.

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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 $920,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $920,000

Expense Breakdown

Grants Paid $389,471

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $888,550

Other Expenses $517,847

TOTAL EXPENSES $907,318

Year-over-Year Comparison

	2022	2021	Change
Revenue	$920,000	N/A	N/A
Expenses	$907,318	N/A	N/A
Net Income	$12,682	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JARED FLEISHER	President	1.00	Officer Director	$0	$0	$0
BRAD WILLIAMS	Vice President	1.00	Officer Director	$0	$0	$0
RENZE HOEKSEMA	Sec/TREAS	1.00	Officer Director	$0	$0	$0
RENAE MOORE	ASST SEC	1.00	Officer	$0	$0	$0
REBECCA VYKYDAL	ASST TREAS	1.00	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
2022	$920,000	$907,318	$14,962	$12,682

TRANSIT MATTERS TRANSIT MATTERS-MI