Michigan Interfaith Power & Light Inc
Nonprofit profile at a glance
- EIN
- 320070213
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024, Form 990-EZ 2019
- Location
- Detroit, MI, USA
- Phone
- 2485379175
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Interfaith Coalitions
- Affiliation
- Interfaith
Reported finances
- Revenue
- $820,192
- Expenses
- $783,039
- Assets
- $503,650
- Liabilities
- $67,111
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- LEAH WISTE (EXECUTIVE DIRECTOR)
- BISHOP RAYFORD RAY (PRESIDENT)
Highest reported compensation
- LEAH WISTE (EXECUTIVE DIRECTOR): $84,276 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Michigan Interfaith Power Light s mission is to inspire and equip people of faith to exercise stewardship of and love for all Creation. We offer practical ways to put faith into action by promoting energy efficiency, renewable energy, and other sustainable practices that lead to a cleaner, healthier, and more just world.
What it reported doing in 2024
We completed energy saving projects at 11 low-income congregations across the state, helping them put 100,000 each 1.1 million total in grant dollars into energy saving building improvements. These 11 congregations reduced their energy costs by an average of 23, with two congregations expecting to reduce their energy use by over 50. We began a 2 year project to help 6 Detroit congregation community centers become hubs for climate resilience by improving their buildings and receiving training to better support their communities in times of weather disasters like extreme heat, poor air quality, flooding, and power outages. In partnership with Adamah, we brought urban and suburban, Jewish, Christian and Unitarian congregations together for peer learning, fellowship, and find active hope amidst the climate crisis.
Operating model
- Revenue model
- Donor-supported. 97% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 86
- Accountability: 95
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.9%; rating input score 88
- Program expense ratio: 91.9%; rating input score 92
- Fundraising efficiency: $48.83 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- 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: Fail
Sustainability
- Operating margin: 4.5%; rating input score 49; 49th percentile among comparable filings
- Total-asset coverage ratio: 0.64; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 10.8%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 12.6% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 11.4% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 87.9% of revenue deployed · 91.9% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $719K in reported program spending
- Leadership: top reported pay $84K · 8 people listed
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 49/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.