FOUNDATION FOR UPTOWN REINVESTMENT (EIN 202159723) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Phone

8102385555

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR UPTOWN REINVESTMENT, founded in 2005, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $8.2M in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $15.6M exceeded revenue, resulting in a 89% operating deficit.

Mission

SUPPORTING THE UPTOWN REINVESTMENT CORPORATION (501(C)(3) ORGANIZATION) IN ITS MISSION OF PROMOTING ECONOMIC GROWTH AND DEVELOPMENT IN DOWNTOWN, FLINT, MICHIGAN.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,080,000

Program Service Revenue $0

Investment Income $143,906

Other Revenue $0

TOTAL REVENUE $8,223,906

Expense Breakdown

Grants Paid $15,540,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,540,000

Other Expenses $15,784

TOTAL EXPENSES $15,555,784

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,223,906	$19,872,720	-0.6%
Expenses	$15,555,784	$6,552,012	+1.4%
Net Income	$-7,331,878	$13,320,708	-1.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH CHERRY	TREASURER	1.0	Officer Director	$0	$0	$0
GREG VIENER	CHAIR/SECRETARY	1.0	Officer Director	$0	$0	$0
JOHN STOCK	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
TIM HERMAN	PRESIDENT	1.0	Officer Director	$0	$0	$0
BOBBY MUKKAMALA	DIRECTOR	1.0	Director	$0	$0	$0
DAVE FORYSTEK	DIRECTOR - PART YEAR	1.0	Director	$0	$0	$0
GREG FIEDLER	DIRECTOR	1.0	Director	$0	$0	$0
LUTHER BROWN	DIRECTOR	1.0	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$8,223,906	$15,555,784	$6,960,212	$-7,331,878
2023	$19,872,720	$6,552,012	$14,289,440	$13,320,708
2022	$2,460,626	$3,364,117	$968,752	$-903,491
2021	$6,455,012	$5,191,563	$1,872,223	$1,263,449
2020	$1,860,249	$1,869,980	$611,774	$-9,731
2019	$10,047,522	$11,068,644	$618,786	$-1,021,122
2018	$4,027,261	$3,348,242	$1,639,908	$679,019

FOUNDATION FOR UPTOWN REINVESTMENT