MICHIGAN LABORERS SCHOLARSHIP FUND (EIN 851116234) - 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

2020

Legal Domicile

Principal Officer

SAME AS ABOVE

Phone

5173212349

Tax Period

2024-06-01 to 2025-05-31

MICHIGAN LABORERS SCHOLARSHIP FUND, founded in 2020, is a small nonprofit in the Education sector that reported $243K in total revenue in fiscal year 2024. The organization ran a surplus of $137K, a strong 56% operating margin.

Mission

TO ESTABLISH A SCHOLARGSHIP FUND THAT WILL SUPPORT ELIGIBLE STUDENTS SEEKING AN EDUCATION IN AN ACCREDITED VOCATIONAL SCHOOL, TECHNICAL SCHOOL, OR A TWO OR FOUR-YEAR DEGREE GRATING COLLEGE OR UNIVERSITY ACCREDITED BY THE BOARD OF EDUCATION

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $232,956

Investment Income $9,898

Other Revenue $0

TOTAL REVENUE $242,854

Expense Breakdown

Grants Paid $65,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,939

Other Expenses $40,939

TOTAL EXPENSES $105,939

Year-over-Year Comparison

	2024	2023	Change
Revenue	$242,854	$249,318	0.0%
Expenses	$105,939	$155,258	-0.3%
Net Income	$136,915	$94,060	+0.5%

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
BRENT PILARSKI	DIRECTOR	1.00	Director	$0	$0	$0
DAN MINTON	DIRECTOR	1.00	Director	$0	$0	$0
ARLANDAR WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
GINO ALESSANDRINI Jr	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL AARON	DIRECTOR	1.00	Director	$0	$0	$0
ALEX ZUREK	SECRETARY	1.00	Director	$0	$0	$0
NICHOLAS DEFAUW	DIRECTOR	1.00	Director	$0	$0	$0
JOEL ARCHIBALD	DIRECTOR	1.00	Director	$0	$0	$0
JEFF PILARSKI	DIRECTOR	1.00	Director	$0	$0	$0
SAME AS ABOVE	N/A	0.00	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
2025	$242,854	$105,939	$676,902	$136,915
2024	$249,318	$155,258	$539,987	$94,060
2023	$219,257	$141,693	$445,927	$77,564
2023	$219,257	$141,693	$445,927	$77,564
2022	$129,042	$36,033	$368,363	$93,009
2021	No data	No data	No data	No data
2021	$330,423	$55,069	$275,354	$275,354

MICHIGAN LABORERS SCHOLARSHIP FUND