Michigan Opportunity
- Assets
- $110.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 82-3692679
Organization Overview
Michigan Opportunity is located in Lansing, MI. The organization was established in 2019. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan Opportunity is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Michigan Opportunity generated $150.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $40.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DUE TO THIS BEING A NON-ELECTION YEAR, NO BALLOT PROPOSALS WERE OFFERED SO THE MICHIGAN OPPORTUNITY BALLOT QUESTION COMMITTEE WAS INACTIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert O'meara Secretary | 0 | $0 | |
Justin Winslow Treasurer | 3 | $0 | |
Todd Callewaert President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $39,953 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $39,953 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,299 |
| Other assets | $0 |
| Total assets | $110,299 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,299 |