MICHIGAN EMPOWERMENT FUND (EIN 934752486) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

Jonathan Kinloch

Phone

8778295500

Tax Period

2024-01-01 to 2024-12-31

MICHIGAN EMPOWERMENT FUND, founded in 2024, is a community nonprofit in the Public & Societal Benefit sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 13% surplus.

Mission

THE CORPORATIONS OBJECTIVES INCLUDE CONDUCTING RESEARCH THROUGH POLLING SURVEYS AND OTHER FORMS OF INQUIRY TO ASSESS AND PROMOTE CIVIC ACTION THAT DRIVES ACCESS TO QUALITY EDUCATION JUSTICE AND OPPORTUNITIES FOR SOCIAL MOBILITY; AND ADVOCATING ON BEHALF OF MICHIGAN RESIDENTS FOR FAIR AND EQUITABLE ACCESS TO QUALITY EDUCATION JUSTICE AND OPPORTUNITIES FOR SOCIAL MOBILITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,827,640

Program Service Revenue $0

Investment Income $13,161

Other Revenue $0

TOTAL REVENUE $1,840,801

Expense Breakdown

Grants Paid $1,159,225

Salaries & Benefits $0

Fundraising Expenses $16,026

Program Expenses $1,115,000

Other Expenses $330,060

TOTAL EXPENSES $1,601,311

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,840,801	N/A	N/A
Expenses	$1,601,311	N/A	N/A
Net Income	$239,490	$0	N/A

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jonathan Kinloch	President	1.00	Officer Director	$0	$0	$0
JR Clark	Secretary	1.00	Officer Director	$0	$0	$0
Christopher Moyer	Treasurer	1.00	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
2024	$1,840,801	$1,601,311	$239,490	$239,490

MICHIGAN EMPOWERMENT FUND