MI Vision

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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

2020

Legal Domicile

Principal Officer

Jenell Leonard

Phone

5173749100

Tax Period

2022-01-01 to 2022-12-31

MI Vision, founded in 2020, is a small nonprofit that reported $276K in total revenue in fiscal year 2022. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $751K exceeded revenue, resulting in a 172% operating deficit.

Mission

To operate exclusively for the promotion of civic action and social welfare by promoting the common good and general welfare of Michigan residents and visitors; to promote and encourage citizen participation in political and civic events; to promote charitable causes that include lessening the burdens of government in the State of Michigan.

Program Service Accomplishments

Program 1

Expenses: $613,207

Issue advocacy and promotion of programs that better the lives of Michigan residents and visitors, and improve the quality and effectiveness of government for the State of Michigan.

Program 2

Expenses: $104,739

Contributions to exempt organizations to support their work to better the lives of Michigan residents and visitors, which aligns with MI Vision's purpose.

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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 $275,000

Program Service Revenue $0

Investment Income $0

Other Revenue $1,018

TOTAL REVENUE $276,018

Expense Breakdown

Grants Paid $104,739

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $717,946

Other Expenses $646,744

TOTAL EXPENSES $751,483

Year-over-Year Comparison

	2022	2021	Change
Revenue	$276,018	$517,942	-0.5%
Expenses	$751,483	$341,658	+1.2%
Net Income	$-475,465	$176,284	-3.7%

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
Jenell Leonard	President	1.00	Officer Director	$0	$0	$0
Larry Meyer	Vice President	1.00	Officer Director	$0	$0	$0
Judy Rapanos	Secretary/Treas	1.00	Officer Director	$0	$0	$0
Renae Moore	Asst. Secretary	1.00	Officer	$0	$0	$0
REBECCA VYKYDAL	ASST. TREASURER	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	$276,018	$751,483	$4,940	$-475,465
2021	$517,942	$341,658	$480,405	$176,284
2020	$605,500	$301,379	$304,121	$304,121