GERMAN FAMILY SOCIETY OF AKRON INC (EIN 237313008) - 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

1973

Legal Domicile

Principal Officer

CHRISTOPHER PILZ

Phone

3306788229

Tax Period

2024-01-01 to 2024-12-31

GERMAN FAMILY SOCIETY OF AKRON INC, founded in 1973, is a small nonprofit that reported $477K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $442K left a modest 7% surplus.

Mission

To promote German culture in our community. Most significant event is the annual Oktoberfest.

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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 $9,891

Program Service Revenue $452,218

Investment Income $14,650

Other Revenue $633

TOTAL REVENUE $477,392

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $425,267

Other Expenses $442,405

TOTAL EXPENSES $442,405

Year-over-Year Comparison

	2024	2023	Change
Revenue	$477,392	$509,313	-0.1%
Expenses	$442,405	$385,295	+0.1%
Net Income	$34,987	$124,018	-0.7%

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
BETTY LEIPOLD	DECORATIONS	003.00	Director	$0	$0	$0
JOHN SCHWARTZINGER	BAR TRUSTEE	005.00	Director	$0	$0	$0
STEVE SENSIUS	Youth Group Leader	005.00	Director	$0	$0	$0
CAROLYN LANGENFELD	MIDDLE GROUP LEADER	005.00	Director	$0	$0	$0
LIZ MILLER	Childrens Group Leader	004.50	Director	$0	$0	$0
JILL ARMBRUST	LADIES PRESIDENT	013.00	Officer Director	$0	$0	$0
CHRIS PILZ	TREASURER/BAR TREAS	014.00	Officer Director	$0	$0	$0
FRANK GULD	BAR TRUSTEE	005.00	Director	$0	$0	$0
TONY LEIPOLD	BAR TRUSTEE	008.00	Director	$0	$0	$0
ERICH LEIPOLD	SPORTS DIR	008.00	Director	$0	$0	$0
TOM CLARK	PARK MANAGER	008.00	Director	$0	$0	$0
DAVID HALL	PHOTOGRAPHY	002.00	Director	$0	$0	$0
AWALD LANGENFELD	PRESIDENT	019.00	Officer Director	$0	$0	$0
CARRI SENSIUS	VP YOUTH GRP LEADER	013.00	Officer Director	$0	$0	$0
DIANE DEITLE	PR RESERVATIONS	011.00	Director	$0	$0	$0
AARON ENGLEHART	TANZ GROUP LEADER	003.00	Director	$0	$0	$0
MICHAEL RODESCHEIM	VICE PRESIDENT	005.00	Officer Director	$0	$0	$0
MADDIE VONSTEIN	MEDIA/WEBSITE	003.00	Director	$0	$0	$0
JOE PILZ	ASSISTANT TREASURER	001.00	Director	$0	$0	$0
LISA SOMMERS	ADMIN/MBSHP SECRETARY	004.00	Director	$0	$0	$0
HENRY TONHAEUSER	HOUSE MANAGER	012.00	Director	$0	$0	$0
LAURIE SAVAGE	TICKET TREASURER	003.00	Director	$0	$0	$0
ALLSION BURDESHAW	MIDDLE GROUP LEADER	005.00	Director	$0	$0	$0
KATRINA MARMADUKE	TANZ CHILDRENGRP LEADER	007.50	Director	$0	$0	$0
SKYLAR SUTTON	BAR TRUSTEE	002.00	Director	$0	$0	$0
BRANDY BISSEL	KITCHEN TREASURER	003.00	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
2024	$477,392	$442,405	$1,022,955	$34,987
2023	$509,313	$385,295	$987,968	$124,018
2022	$418,912	$363,853	$863,950	$55,059
2021	$413,871	$296,968	$829,552	$116,903
2020	$58,857	$98,963	$691,988	$-40,106
2019	$643,743	$572,654	$732,094	$71,089
2018	$517,796	$480,732	$661,005	$37,064

GERMAN FAMILY SOCIETY OF AKRON INC