Grand Rapids, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Michigan Capital Network Association, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $297K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $72K, a strong 24% operating margin.
ESTABLISH A COMMUNITY OF INDIVIDUALS AND GROUPS ENGAGED IN THE TRADE AND BUSINESS OF EARLY-STAGE INVESTING BY CREATING AN ASSOCIATION THAT EMPOWERS ITS MEMBERS WITH THE TOOLS, RESOURCES, AND SUPPORT TO ADVANCE THE BUSINESS CONDITIONS FOR THE ASSOCATION AND ITS MEMBERS.
THE LARGEST SERVICE PROGRAM WE HAVE IS GRAND ANGELS. IT GENERATED 55 MEMBERS OF THE 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER GRAND RAPIDS AREA. WE...
THE LARGEST SERVICE PROGRAM WE HAVE IS GRAND ANGELS. IT GENERATED 55 MEMBERS OF THE 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER GRAND RAPIDS AREA. WE PROVIDE MONTHLY MEETINGS FOR OUR GRAND ANGELS WHERE WE HOST 1-3 CEOS FROM VARIOUS COMPANIES. THIS SUPPORTS OUR MISSION TO EDUCATE, GROW AND DIVERSIFY INVESTORS. WE FOCUS ON EARLY-STAGE INVESTING IN MICHIGAN AND THE SURROUNDING AREAS AS WELL AS A FOCUS ON ATTRACTING MEMBERS IN ADVANCED MANUFACTURING, ALTERNATIVE ENERGY, CONSUMER GOODS, LIFE SCIENCE AND OTHER TECHNOLOGIES.
THE SECOND LARGEST SERVICE PROGRAM WE HAVE IS WOODWARD ANGELS. IT GENERATED 22 MEMBERS OF THE 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER DETROIT AREA...
THE SECOND LARGEST SERVICE PROGRAM WE HAVE IS WOODWARD ANGELS. IT GENERATED 22 MEMBERS OF THE 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER DETROIT AREA. SIMILAR TO THE ABOVE, WE HOST MONTHLY MEETINGS WHERE WE INVITE CEOS FROM VARIOUS COMPANIES AND FURTHER OUR MISSION TO EDUCATE, GROW AND DIVERSIFY OUR MEMBERSHIP. IT ALSO FOCUSES ON THE SAME COMPANIES AS GRAND ANGELS.
THE THIRD LARGEST SERVICE PROGRAM WE HAVE IS BLUEWATER ANGELS. IT GENERATED 11 OF 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER KALAMAZOO AREA. SIMILAR TO THE...
THE THIRD LARGEST SERVICE PROGRAM WE HAVE IS BLUEWATER ANGELS. IT GENERATED 11 OF 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER KALAMAZOO AREA. SIMILAR TO THE ABOVE, WE HOST MONTHLY MEETINGS WHERE WE HOST 1-3 CEOS FROM VARIOUS COMPANIES. SINCE THIS IS AN ADDITIONAL GROUP OF OUR ORGANIZATION, IT ALSO ALLOWS OUR ORGANIZATION'S MISSION AND FOCUSES ON THE SAME COMPANIES AS GRAND ANGELS AND WOODWARD ANGELS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $297,226 | $536,342 | -0.4% |
| Expenses | $225,670 | $475,254 | -0.5% |
| Net Income | $71,556 | $61,088 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Paul D'Amato | CEO & Former Director | 0.5 |
|
$0 | $0 | $304,369 |
| Meagan Malm | Board Director | 10.0 |
Officer
|
$0 | $0 | $120,422 |
| Emily Gilbert | Board Member | 40.0 |
Officer
|
$0 | $0 | $56,864 |
| Joerg Picard | Board Director | 1.0 |
Officer
|
$0 | $0 | $0 |
| Lee Richards | Board Director | 1.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $297,226 | $225,670 | $176,828 | $71,556 |
| 2023 | $536,342 | $475,254 | $130,882 | $61,088 |
| 2022 | $360,123 | $358,753 | $49,462 | $1,370 |
| 2021 | $285,655 | $247,419 | $49,114 | $38,236 |
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