Michigan Association of Broadcasters
Nonprofit profile at a glance
- EIN
- 381676986
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Lansing, MI, USA
- Phone
- 5174847444
- Rating confidence
- Limited
Reported finances
- Revenue
- $1,824,919
- Expenses
- $1,824,045
- Assets
- $5,322,538
- Liabilities
- $1,080,143
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- CASEY JONES (PRESIDENT/CEO)
- SAM KLEMET (PRESIDENT/CEO (ENDED 06/24))
Highest reported compensation
- CASEY JONES (PRESIDENT/CEO): $98,055 total reported compensation
- SAM KLEMET (PRESIDENT/CEO (ENDED 06/24)): $74,347 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the common interests of the public and those engaged in the broadcasting industry within the state of Michigan.
What it reported doing in 2024
Conventions & seminars-plan & coordinate meetings and conventions monthly and annually for members to meet and discuss common items of interest. In 2024, 2,637 people attended.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 47
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 2.92; rating input score 74; 74th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 9.5%; rating input score 39; 39th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -0.3% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 26 of 26 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments
- Leadership: top reported pay $98K · 29 people listed
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 4 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 36/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Moderate — Sustainability: Officer compensation ratio scored 39/100.