PROMOTE THE VOTE 2022 (EIN 874684409) - 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

2022

Legal Domicile

Principal Officer

MICHEAL DAVIS

Tax Period

2022-01-01 to 2022-12-31

PROMOTE THE VOTE 2022, founded in 2022, is a mid-sized nonprofit that reported $20.7M in total revenue in fiscal year 2022.

Mission

A COALITION OF ORGANIZATIONS AND INDIVIDUALS COMMITTED TO ENSURING MICHIGAN HAS A VOTING SYSTEM THAT WORKS FOR ALL OF US.

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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 $20,742,286

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $20,742,286

Expense Breakdown

Grants Paid $240,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,926,305

Other Expenses $20,338,821

TOTAL EXPENSES $20,578,821

Year-over-Year Comparison

	2022	2021	Change
Revenue	$20,742,286	N/A	N/A
Expenses	$20,578,821	N/A	N/A
Net Income	$163,465	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

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
MICHEAL DAVIS	EXECUTIVE DI	10.00	Officer	$0	$0	$0
KHALILAH SPENCER	PRESIDENT	1.00	Officer Director	$0	$0	$0
GILDA JACOBS	SECRETARY	1.00	Officer Director	$0	$0	$0
JUDY KARANDJEFF	TREASURER	1.00	Officer Director	$0	$0	$0
DESSA COSMA	MEMBER	1.00	Director	$0	$0	$0
CINDY GAMBOA	MEMBER	1.00	Director	$0	$0	$0
DAVID HECKER	MEMBER	1.00	Director	$0	$0	$0
REBEKA ISLAM	MEMBER	1.00	Director	$0	$0	$0
MEREDITH KENNEDY	MEMBER	1.00	Director	$0	$0	$0
RIMA MEROUEH	MEMBER	1.00	Director	$0	$0	$0
ERICA PERESMAN	MEMBER	1.00	Director	$0	$0	$0
CHRISTINA SCHLITT	MEMBER	1.00	Director	$0	$0	$0
PATRICK SCHUH	MEMBER	1.00	Director	$0	$0	$0
BRANDEN SNYDER	MEMBER	1.00	Director	$0	$0	$0
MONIQUE STANTON	MEMBER	1.00	Director	$0	$0	$0
SHELLI WEISBERG	MEMBER	1.00	Director	$0	$0	$0
YVONNE WHITE	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
2022	$20,742,286	$20,578,821	$163,465	$163,465

PROMOTE THE VOTE 2022