Michigan Values

Nonprofit profile at a glance

EIN
862905593
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Lansing, MI, USA
Phone
5173749100
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$466,000
Expenses
$358,475
Assets
$135,855
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Megan Buwalda (President)
  • Erik Newton (Vice President)

People named in this filing

  • Megan Buwalda (President)
  • Erik Newton (Vice President)
  • TONY REINHARD (Sec/Treas)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The promotion of social welfare in Michigan by supporting public policies on the federal, state, and local levels that will bring about economic development, business growth, civic betterments, and social improvements to Michigan residents. Additionally, MI Values supports activities and programs that improve the quality and effectiveness of government for the State of Michigan. MI Values promotes, encourages and advocates for citizen participation in political events, civic events and activities, and governmental events and associated activities. MI Values also promotes charitable causes, including lessening the burdens of government in the State of Michigan. Finally, MI Values also receives and administers funds to sponsor, conduct research, secure goods and services, and to hold events in conjunction with the promotion of these purposes.

What it reported doing in 2024

Michigan Values provided cash assistance to other organizations with similar missions and purposes regarding social welfare and civic engagement

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 83% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 87
  • Accountability: 70
  • Sustainability: 59
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.9%; rating input score 70
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 5th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 97.5%; rating input score 98; 57th percentile among comparable filings
  • 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: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 23.1%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -81.6% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -59.8% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 39.7% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 69.9% of revenue deployed · 90.8% of spending went to programs
  • Governance: 3 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $326K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 17 of 18 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.