Flint and Genesee Group Foundation (EIN 237420247) - 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

1974

Legal Domicile

Principal Officer

Timothy Herman

Phone

8106001404

Tax Period

2024-01-01 to 2024-12-31

Flint and Genesee Group Foundation, founded in 1974, is a mid-sized nonprofit that reported $58.9M in total revenue in fiscal year 2024. Revenue surged 1567% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42.0M, a strong 71% operating margin.

Mission

The Flint & Genesee Group Foundation's purpose is to receive and administer funds for eductional, scientific and charitable purposes and for public welfare of Genesee County, 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 $58,545,046

Program Service Revenue $20,773

Investment Income $295,756

Other Revenue $1,080

TOTAL REVENUE $58,862,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,781,431

Other Expenses $16,813,026

TOTAL EXPENSES $16,813,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$58,862,655	$3,532,036	+15.7%
Expenses	$16,813,026	$1,905,658	+7.8%
Net Income	$42,049,629	$1,626,378	+24.9%

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

$1,023,280

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Hurand	Director	1.00	Director	$0	$0	$0
Leanne Panduren	Past-Chair / Chair-Elect	1.00	Officer Director	$0	$0	$0
Joseph Serra	Secretary	1.00	Officer Director	$0	$0	$0
Thomas Shade	Treasurer	1.00	Officer Director	$0	$0	$0
Jane Worthing	RLC Chair/Chair	1.00	Officer Director	$0	$0	$0
Douglas Glazier	Director	1.00	Director	$0	$0	$0
Clarence Pierce	Government Com Chair	1.00	Officer Director	$0	$0	$0
Sheldon Neeley	Director	1.00	Director	$0	$0	$0
Beverly Walker-Griffea	Chair-Elect	1.00	Officer Director	$0	$0	$0
Greg Viener	Director	1.00	Director	$0	$0	$0
Luther Brown	Director	1.00	Director	$0	$0	$0
Sheryl Kennedy	Director	1.00	Director	$0	$0	$0
Mary Gailbreath	Treasurer	1.00	Officer Director	$0	$0	$0
Gina Staudacher	Director	1.00	Director	$0	$0	$0
Marissa Pierce	Director	1.00	Director	$0	$0	$0
Chad Pung	Director	1.00	Director	$0	$0	$0
James Avery	Director	1.00	Director	$0	$0	$0
Neal Hegarty	Director	1.00	Director	$0	$0	$0
Kyle McCree	Director	1.00	Director	$0	$0	$0
Timothy Herman	CEO	40.00	Officer	$0	$47,615	$387,980
Jennifer Cramer	CFO	40.00	Officer	$0	$12,002	$160,272
Kristina Johnston	COO	40.00	Officer	$0	$28,460	$229,422
Stephanie Fenton	COO Uptown	40.00	Officer	$0	$10,800	$245,606

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	$58,862,655	$16,813,026	$141,985,253	$42,049,629
2023	$3,532,036	$1,905,658	$3,395,800	$1,626,378
2022	$2,108,329	$1,280,028	$1,803,750	$828,301
2021	$5,341,436	$5,491,174	$674,613	$-149,738
2020	$10,604,630	$10,516,004	$858,031	$88,626
2019	$888,184	$686,598	$778,615	$201,586
2018	$392,216	$673,187	$527,642	$-280,971

Flint and Genesee Group Foundation