DETROIT AUTO DEALERS ASSOCIATION EDUCATION FOUNDATION INC (EIN 204852342) - 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

Principal Officer

ROD ALBERTS

Phone

2486430250

Tax Period

2023-01-01 to 2023-12-31

DETROIT AUTO DEALERS ASSOCIATION EDUCATION FOUNDATION INC is a small nonprofit in the Youth Development sector that reported $221K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $601K exceeded revenue, resulting in a 172% operating deficit.

Mission

SUPPORTING ORGANIZATION OF DADA (FED. ID 38/0477180) AND DADA-CHARITY PREVIEW (FED. ID 38-3435764). THE MISSION OF THE DADA EDUCATIONAL FOUNDATION IS TO PROMOTE EXCELLENCE IN EDUCATION THROUGH QUALITY PROGRAMS AND LEADERSHIP. THE MISSION OF THE DADA-CHARITY PREVIEW IS HOLD A FUNDRAISING EVENT TO COLLECT THE RELATED PROCEEDS AND TO MAKE GRANTS TO VARIOUS PUBLIC CHARITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $131,394

Program Service Revenue $0

Investment Income $89,851

Other Revenue $0

TOTAL REVENUE $221,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $600,709

Other Expenses $600,709

TOTAL EXPENSES $600,709

Year-over-Year Comparison

	2023	2022	Change
Revenue	$221,245	$3,048,120	-0.9%
Expenses	$600,709	$348,139	+0.7%
Net Income	$-379,464	$2,699,981	-1.1%

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

N/A

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
ROD ALBERTS	DIRECTOR	N/A	Officer Director	$0	$0	$0
JOSEPH LUNGHAMER	DIRECTOR	N/A	Director	$0	$0	$0
THAD SZOTT	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$221,245	$600,709	$2,602,825	$-379,464
2022	$3,048,120	$348,139	$2,903,634	$2,699,981

DETROIT AUTO DEALERS ASSOCIATION EDUCATION FOUNDATION INC