LIVONIA ANNIVERSARY COMMITTEE INC (EIN 237116177) - 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

1971

Legal Domicile

Principal Officer

SAM CARAMAGNO

Phone

7344278190

Tax Period

2024-10-01 to 2025-09-30

LIVONIA ANNIVERSARY COMMITTEE INC, founded in 1971, is a small nonprofit that reported $633K in total revenue in fiscal year 2024.

Mission

CELEBRATION OF CITY BIRTHDAY TO CONDUCT BUSINESS PURSUANT TO AND IN CONNECTION WITH CELEBRATING ANNIVERSARIES OF THE INCORPORATION OF THE CITY OF LIVONIA, MICHIGAN; FURTHER, BY WAY OF EXAMPLE, BUT NOT LIMITATION: TO CONDUCT PICNICS, DINNER-DANCES, SPORTS EVENTS, PARADES, CARNIVALS AND TO SELL TICKETS FOR ALL OF THE FOREGOING TO PROMOTE PAGEANTS; TO HIRE BANDS AND ORCHESTRAS; TO RENT ANY PREMISES NECESSARY FOR THE STAGING OR HOLDING OF ANY CIVIC FUNCTION CONNECTED OR RELATE TO ANY OF THE FOREGOING; TO PURCHASE NECESSARY SUPPLIES, MERCHANDISE, FOOD AND BEVERAGES; TO SELL AND DISPENSE SOUVENIRS, FOOD, SOFT DRINKS, AND BEER.

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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 $2,273

Program Service Revenue $618,884

Investment Income $11,411

Other Revenue $0

TOTAL REVENUE $632,568

Expense Breakdown

Grants Paid $71,843

Salaries & Benefits $60,000

Fundraising Expenses $0

Program Expenses $475,959

Other Expenses $508,567

TOTAL EXPENSES $640,410

Year-over-Year Comparison

	2024	2023	Change
Revenue	$632,568	$661,926	0.0%
Expenses	$640,410	$506,697	+0.3%
Net Income	$-7,842	$155,229	-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

270

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

$45,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAYLEIGH REID	EXECUTIVE DI	10.00	Officer	$45,000	$0	$45,000
SAM CARAMAGNO	PRESIDENT	4.00	Officer Director	$0	$0	$0
BOB BIGA	FRIST VP	4.00	Officer Director	$0	$0	$0
CHRIS DANKE	SECOND VP	4.00	Officer Director	$0	$0	$0
MARY BAESKE	SECRETARY	4.00	Officer Director	$0	$0	$0
CHRISTINE DIPONIO	TREASURER	4.00	Officer Director	$0	$0	$0
KEITH APPEL	TRUSTEE	1.00	Director	$0	$0	$0
JEFF DANKE	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN DUGGAN	FORMER TRUST	1.00	Director	$0	$0	$0
JOHN GREZEBIK	TRUSTEE	1.00	Director	$0	$0	$0
KAREN SCHRAMM	TRUSTEE	1.00	Director	$0	$0	$0
DAN SPURLING	TRUSTEE	1.00	Director	$0	$0	$0
RICH SKAGGS	TRUSTEE	1.00	Officer Director	$0	$0	$0
TED DAVIS	EX OFFICIO C	1.00	Director	$0	$0	$0
LAURA TOY	EX OFFICIO C	1.00	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
2025	$632,568	$640,410	$817,695	$-7,842
2024	$661,926	$506,697	$757,137	$155,229
2023	$528,460	$418,076	$621,911	$110,384
2022	$523,259	$354,754	$494,924	$168,505
2021	$153	$17,118	$326,419	$-16,965
2020	$38,675	$77,790	$343,384	$-39,115
2019	$448,687	$413,686	$382,499	$35,001
2018	$420,115	$463,081	$368,390	$-42,966

LIVONIA ANNIVERSARY COMMITTEE INC