MICHIGAN CENTER FOR EMPLOYEE OWNERS (EIN 881351848) - 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

2021

Legal Domicile

Principal Officer

ROY J MESSING

Phone

4405671060

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN CENTER FOR EMPLOYEE OWNERS, founded in 2021, is a small nonprofit in the Education sector that reported $207K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 25% operating margin.

Mission

EDUCATION AND PROMOTION OF EMPLOYEE OWNERSHIP. THE ORGANIZATION PROVIDES EDUCATIONAL RESOURCES, TRAINING, AND OUTREACH TOWARD THE BENEFITS OF EMPLOYEE-OWNED ENTERPRISES.

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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 $205,072

Program Service Revenue $0

Investment Income $1,568

Other Revenue $0

TOTAL REVENUE $206,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,788

Fundraising Expenses $0

Program Expenses $83,788

Other Expenses $69,544

TOTAL EXPENSES $154,332

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,640	$118,619	+0.7%
Expenses	$154,332	$69,181	+1.2%
Net Income	$52,308	$49,438	+0.1%

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

$75,917

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY J MESSING	EXECUTIVE DIRECTOR	20.00	Officer Highest	$75,917	$0	$75,917
BERNIE HAVILAND	PRESIDENT	2.00	Director	$0	$0	$0
ALEX PERRY	TREASURER	2.00	Director	$0	$0	$0
JEREMY GARRETT	SECRETARY	1.00	Director	$0	$0	$0
JUSTIN STEMPLE	MEMBER	1.00	Director	$0	$0	$0
JAMES JUNKER	MEMBER	1.00	Director	$0	$0	$0
MICHAEL FRIEDMAN	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
2024	$206,640	$154,332	$101,796	$52,308

MICHIGAN CENTER FOR EMPLOYEE OWNERS