SAINT IGNACE AREA HOPE

EIN: 260482197 501(c)(3) Food, Agriculture & Nutrition

Saint Ignace, MI

Total Revenue
$235,432
Total Expenses
$174,161
Total Assets
$582,935
Net Assets
$510,242
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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
2007
Legal Domicile
MI
Principal Officer
David Davis
Phone
9066436780
Tax Period
2023-01-01 to 2023-12-31

SAINT IGNACE AREA HOPE, founded in 2007, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $235K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 26% operating margin.

Mission

Charity: provide temporary, emergency financial assistance to local people in need.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $235,014
Program Service Revenue $0
Investment Income $418
Other Revenue $0
TOTAL REVENUE $235,432

Expense Breakdown

Grants Paid $46,010
Salaries & Benefits $63,731
Fundraising Expenses $0
Program Expenses $46,010
Other Expenses $64,420
TOTAL EXPENSES $174,161

Year-over-Year Comparison

2023 2022 Change
Revenue $235,432 $188,420 +0.2%
Expenses $174,161 $164,465 +0.1%
Net Income $61,271 $23,955 +1.6%
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

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Governance

Voting Members
9
Independent Members
9
Employees
4
Volunteers
34

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Davis Trustee and Chairperson 8
Officer Director
$0 $0 $0
Nate Starkey Trustee and Vice Chairperson 4
Officer Director
$0 $0 $0
Mike Annis Trustee and Secretary 4
Officer Director
$0 $0 $0
Gregory F Maynard Trustee and Treasurer 18
Officer Director
$0 $0 $0
Thomas J McClelland Trustee 6
Director
$0 $0 $0
Ronald Tamlyn Trustee 24
Director
$0 $0 $0
Maxine Lynch Trustee 4
Director
$0 $0 $0
Richard Gillis Trustee 4
Director
$0 $0 $0
David Tielbar Trustee 2
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
2023 $235,432 $174,161 $582,935 $61,271
2022 $188,420 $164,465 $548,559 $23,955
2021 $176,637 $135,986 $561,704 $40,651
2020 $152,792 $124,873 $553,106 $27,919
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