EQUITY ALLIANCE OF MICHIGAN (EIN 933761739) - 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

DEANNA STEWART

Phone

2483880638

Tax Period

2024-01-01 to 2024-12-31

EQUITY ALLIANCE OF MICHIGAN, founded in 2023, is a community nonprofit in the Community Improvement sector that reported $1.0M in total revenue in fiscal year 2024. The organization ran a surplus of $397K, a strong 38% operating margin.

Mission

To provide Neighborhood Services; Community Services; Battered Women Support Services; Senior Citizen Support Services and After School Program.

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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 $1,035,265

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,035,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $238,010

Fundraising Expenses $41,168

Program Expenses $463,529

Other Expenses $399,994

TOTAL EXPENSES $638,004

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,035,265	N/A	N/A
Expenses	$638,004	N/A	N/A
Net Income	$397,261	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

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

$87,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEANNA STEWART	FOUNDER AND EXECUTIVE DIRECTOR	40	Officer	$87,500	$0	$87,500
JOHN BARFIELD	BOARD CHAIR	2	Director	$0	$0	$0
GHEBRE MEHRETEAB	DIRECTOR	2	Director	$0	$0	$0
SUE BRUECKMAN	DIRECTOR	2	Director	$0	$0	$0
MARKITA STEWART	DIRECTOR	2	Director	$0	$0	$0
RAY TAYLOR	DIRECTOR	2	Director	$0	$0	$0
ANGIE ROSE	DIRECTOR	2	Director	$0	$0	$0
JONATHAN MCKINLEY	DIRECTOR	2	Director	$0	$0	$0
SHERI BURTON	DIRECTOR	2	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	$1,035,265	$638,004	$499,063	$397,261

EQUITY ALLIANCE OF MICHIGAN