Michigan Government Finance Officers Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To unite Michigan finance professionals for the purpose of providing effective and professional financial management of public entity resources and to promote and support the professional development of its members. And in partnership with other organizations, collaborate to promote use of financial governance best practices in the management of Michigan public entities.
- Income
- $249,016
- Spending
- $254,987
- Spent on programs
- 58%
- Reserves
- 8.9 months of spending
- Largest source of income
- fees for its services, 57%
- Employees
- 0
- Volunteers
- 110
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 74 out of 100. Higher than 42% of charities in its peer group (education, under $250k).
Reserves
28 of 35Spendable reserves would cover 8.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
8 of 15Spending exceeded income by 2% of income.
Income trend
10 of 15Income fell 5% on the year before.
Spending floor
8 of 1558% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 62 out of 100. Higher than 47% of charities in its peer group (education, under $250k).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $100,974 spent. Fall Training Institute which served 273 members with three days of training. Topics included GFOA National Update Cybersecurity Legislative Update State of Michigan Audit or General Update Economic Update GASB Standards Update Grants-Subrecipient Monitoring Best Practice for Investing Public Funds etc.
- $35,094 spent. Spring Seminar which served over 215 members with a one-day training session with the primary focus on Economic Outlook, Legislative Update, and GASB Audit Update, Preparing for an Audit, Successition/Transition Planning.
- $12,102 spent. Professional Development courses consisting of several training opportunities for members in full and 1/2 day sessions and webinars. Topics included Back to Basics Series Advance Cash Management Budgeting CPFO Testing Advance Accounting.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 1998.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.