GAMMA DEUTERON BUILDING ASSOCIATION (EIN 264235498) - 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

1930

Legal Domicile

Principal Officer

GEORGE COBANE

Phone

7349979777

Tax Period

2023-01-01 to 2023-12-31

GAMMA DEUTERON BUILDING ASSOCIATION, founded in 1930, is a small nonprofit that reported $242K in total revenue in fiscal year 2023. Expenses of $314K exceeded revenue, resulting in a 30% operating deficit.

Mission

PROVIDING A CLEAN SAFE HOUSE FOR RENT AND ASSIST THE THETA DELTA CHI FRATERNITY IN THEIR SCHOLASTIC ENDEAVORS ON THE UNIVERSITY OF MICHIGAN CAMPUS IN ANN ARBOR, MI.

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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 (2023)

Revenue Breakdown

Contributions & Grants $34,336

Program Service Revenue $202,090

Investment Income $2,453

Other Revenue $3,309

TOTAL REVENUE $242,188

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $270,534

Other Expenses $313,747

TOTAL EXPENSES $313,747

Year-over-Year Comparison

	2023	2022	Change
Revenue	$242,188	$251,084	0.0%
Expenses	$313,747	$267,171	+0.2%
Net Income	$-71,559	$-16,087	+3.4%

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
DANIEL CADY	DIRECTOR	2.00	Director	$0	$0	$0
JAMES TURBETT	DIRECTOR	2.00	Director	$0	$0	$0
MICHAEL WATTS	DIRECTOR	2.00	Director	$0	$0	$0
MAC BANK	TREASURER & DIRECTOR	6.00	Officer Director	$0	$0	$0
GRAHAM KENNEDY	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT VREELAND	DIRECTOR	4.00	Director	$0	$0	$0
GEORGE COBANE	PRESIDENT & DIRECTOR	8.00	Officer Director	$0	$0	$0
KIERAN BAACK	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT WEILAND	SECRETARY & DIRECTOR	4.00	Officer 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	$242,188	$313,747	$1,484,278	$-71,559
2022	$251,084	$267,171	$1,585,737	$-16,087
2021	$295,186	$254,603	$1,483,294	$40,583
2020	$329,392	$329,441	$1,442,985	$-49
2019	$362,415	$366,063	$1,459,381	$-3,648
2018	$352,580	$344,768	$1,482,164	$7,812

GAMMA DEUTERON BUILDING ASSOCIATION