Jobs for Michigan (EIN 924019976) - 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

2023

Legal Domicile

Principal Officer

Heather Ricketts

Tax Period

2023-05-15 to 2023-12-31

Jobs for Michigan, founded in 2023, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $675K, a strong 37% operating margin.

Mission

Clean Jobs for Michigan is building a future we can all be proud of. Through advocating for clean water clean energy and good-paying clean jobs were working to build a Michigan that will sustain our natural resources and hardworking Michigan families for generations to come.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,821,700

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,821,700

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $947,794

Other Expenses $1,136,335

TOTAL EXPENSES $1,146,335

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,821,700	N/A	N/A
Expenses	$1,146,335	N/A	N/A
Net Income	$675,365	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
Rudy Hobbs	Director	1.00	Officer	$0	$0	$0
Price Dobernick	Director	1.00	Officer	$0	$0	$0
Steve Purchase	Director	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
2023	$1,821,700	$1,146,335	$675,365	$675,365

Jobs for Michigan