GRAND HAVEN FOUNDATION SUPPORTING ORGANIZATION (EIN 205706188) - 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

2006

Legal Domicile

Principal Officer

RANDY HANSEN

Phone

6168426378

Tax Period

2024-01-01 to 2024-12-31

Mission

RECEIVING AND ADMINISTERING FUNDS FOR THE PURPOSE SET FORTH IN SEC 501(C)(3) OF THE IRC SO LONG AS SUCH ACTIVITIES SUPPORT THE GRAND HAVEN AREA COMMUNITY FOUNDATION AND SUCH OTHER PUBLICLY SUPPORTED ORGANIZATIONS AS ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO THE GRAND HAVEN AREA COMMUNITY FOUNDATION, INC.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	N/A	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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
SHIRLEY WOODRUFF	TREASURER	0.10	Officer Director	$0	$0	$0
KENNARD CREASON	SECRETARY	0.10	Officer Director	$0	$0	$0
CHAD BUSH	DIRECTOR	0.10	Director	$0	$0	$0
RANDY HANSEN	CHAIR	0.10	Officer Director	$0	$0	$0
MARY CAROL COTTER	DIRECTOR	0.10	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	No data	No data	No data	No data
2022	No data	No data	No data	No data
2021	$210,545	$636,457	No data	$-425,912
2020	No data	$657,979	$425,912	No data
2019	No data	$679,502	$1,083,891	No data
2018	$118,052	$819,077	$1,763,393	$-701,025

GRAND HAVEN FOUNDATION SUPPORTING ORGANIZATION