Michigan Jobs Coalition

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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

Rusty Merchant

Phone

5172672216

Tax Period

2024-01-01 to 2024-12-31

Michigan Jobs Coalition, founded in 2023, is a small nonprofit that reported $210K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 16% operating margin.

Mission

To promote job retention and creation in the State of Michigan

Program Service Accomplishments

Program 1

Expenses: $170,003 Revenue: $210,000

Sponsored advertising that promoted the general welfare of Michigan residents to encourage citizen participation in civic engagement as well as sponsored the promotion of policies that improve...

Sponsored advertising that promoted the general welfare of Michigan residents to encourage citizen participation in civic engagement as well as sponsored the promotion of policies that improve Michigan's business climate.

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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 $210,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $210,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,003

Other Expenses $175,596

TOTAL EXPENSES $175,596

Year-over-Year Comparison

	2024	2023	Change
Revenue	$210,000	$132,500	+0.6%
Expenses	$175,596	$114,874	+0.5%
Net Income	$34,404	$17,626	+1.0%

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
Rusty Merchant	President/Director	1	Officer Director	$0	$0	$0
Jason Verlinde	Treasurer/Director	1	Officer Director	$0	$0	$0
William Jackson	Secretary/Director	1	Officer 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
2025	No data	No data	No data	No data
2024	$210,000	$175,596	$52,030	$34,404