Michigan Values

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EIN 86-2905593 Unknown exempt organization Lansing, MI
Form 990 (PDF)

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Revenue & expenses by yearFY2021–FY2024
Revenue
$466K
FY2024▲ +125%
Expenses
$358K
FY2024▲ +42%

Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).


Advocates for policies and citizen participation to improve Michigan's economy, communities, and government. For fiscal year 2024 it reported $466K in revenue, $358K in expenses, and $136K in net assets.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Lansing, MI
Filings
4 on file (2021–2024)
Revenue
$466KFY2024
Expenses
$358K
Net assets
$136K
People
5
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Provided by the organization

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Size
$100K–1M
What they do
Advocates for policies and citizen participation to improve Michigan's economy, communities, and government.
Leadership
Megan Buwalda · President
Money in and out
$466K revenue, $358K expenses
Bottom line
+23% surplus margin

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

NEUTRAL

Not on file

IRS deductibility code is not on file for this EIN. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

GOOD

Filed FY2024 (typical filing lag)

Most recent Form 990 on file is for fiscal year 2024 (2 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

1 funder — Sports Betting Alliance

1 distinct foundation funder(s) on file, $15K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

91% to programs

91% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M · ↑ +125% vs prior year

Revenue band $100K–1M, +125% versus the prior filing year (up). See detail →

Reported financial activity · FY2024
Total revenue
$466K
Pt VIII · Ln 12
Total expenses
$358K
Pt IX · Ln 25
Net assets
$136K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $108K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Surplus margin
+23%
revenue over expenses, this year▲ +207% vs prior filing year
Program spending
91%
of expenses reach programs▲ +19% vs prior filing year

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Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$136K
FY2024▲ +380%
Total liabilities
$0
FY2024
Revenue less expensesPt I · Ln 19$108K
Total assetsPt X · Ln 16$136K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CMichigan Values
EINHdr · item D86-2905593
Principal addressHdr · item CLansing, MI
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Sec/Treas
$0Pt VII · Sec A
Asst Sec
$0Pt VII · Sec A
Asst Treas
$0Pt VII · Sec A
See Michigan Values executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $326K of program spending, described in the organization's own filed words · FY2024.
01

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

$271Kprogram expense
02

Eliminated the burdens on state government through support of public officials, legislative and public policy matters

$37Kprogram expense
03

Defrayed public costs to promote the effectiveness of Michigan's legislature

$18Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants100%$466K
Total revenueLn 12$466K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$326K
Management & general9%$33K
Total functional expensesLn 25$358K

Balance Sheet

Part X · end of year
CashLn 1$136K
Total assetsLn 16$136K
Total liabilitiesLn 26$0
Total net assetsLn 32$136K
Months of cash on handcomputed4.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $136K · Operating expenses/yr $358K
4.5 months
Where the money goes
Program services
Program services $326K · Total expenses $358K
91%
Management & General
Management & general $33K · Total expenses $358K
9%
Fundraising
Fundraising $0 · Total expenses $358K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $632K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $466K · Total revenue $466K
100%
Government reliance
Government grants — · Total revenue $466K
—
Earned-income share
Program service revenue $0 · Total revenue $466K
0%
Investment reliance
Investment income $0 · Total revenue $466K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $358K
0%
Growth & trend
Revenue growth (YoY)
This year $466K · Prior year $208K
+125%
Net-asset trend (YoY)
End of year $136K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $466K · Expenses $358K
+23%
Liabilities-to-Assets
Total liabilities — · Total assets $136K
—
Net-asset ratio
Net assets $136K · Total assets $136K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $136K
0%
People & payroll
Highest Reported Total Compensation
Individual Megan Buwalda · Reported title President · Highest reported compensation $0 · Total expenses $358K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $358K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%——
Overhead ratio 9%——
Fundraising cost ratio 0%——
Revenue growth 125%——
Investment management fee ratio 0%——
Legal fee ratio 6%——
Accounting fee ratio 0%——
Fundraising fee ratio 0%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$15K
Grants paid · 13 grants · $1.5M · 2022–2024
Gopac Education Fund INCVA · FY2024$120,000
Gopac INCFY2024$90,000
Republican St Leadership AdmFY2024$40,000
Michigan ConcordFY2024$14,000
Fair MapsMI · FY2023$75,000
Jobs for Michigan CouncilMI · FY2023$40,000
Advance MonroeFY2023$7,500
Michigan Republican PartyFY2022$325,000
Safe Streets Safe CommunitiesVA · FY2022$165,000
Great Lakes Jobs AllianceMI · FY2022$50,000
Lawton Alumni AssociationFY2022$6,500

Compare

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$466K revenue · viewing · ⤓ 990 PDF
FY2023$208K revenue · ⤓ 990 PDF
FY2022$1.2M revenue · ⤓ 990 PDF
FY2021$324K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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