RACQUET UP DETROIT (EIN 272620275) - 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

2010

Legal Domicile

Principal Officer

ROSEMARY O'CONNOR

Phone

3133802675

Tax Period

2024-08-01 to 2025-07-31

RACQUET UP DETROIT, founded in 2010, is a community nonprofit in the Recreation & Sports sector that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $2.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE ORGANIZATION SUPPORTS AND EMPOWERS DETROIT YOUTH TO ACHIEVE THEIR FULL POTENTIAL THROUGH A DEMANDING AND INSPIRING LONG-TERM EXTRACURRICULAR MENTORING PROGRAM OF SQUASH, ACADEMICS, AND COMMUNITY SERVICE.

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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 $2,025,450

Program Service Revenue $0

Investment Income $23,490

Other Revenue $13,890

TOTAL REVENUE $2,062,830

Expense Breakdown

Grants Paid $125,000

Salaries & Benefits $1,372,596

Fundraising Expenses $201,133

Program Expenses $1,721,956

Other Expenses $805,018

TOTAL EXPENSES $2,302,614

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,062,830	$2,528,161	-0.2%
Expenses	$2,302,614	$2,202,547	+0.0%
Net Income	$-239,784	$325,614	-1.7%

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

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

$189,564

Total Directors

$189,564

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEAL ALLEN	DIRECTOR	1.00	Director	$0	$0	$0
PAUL FLANAGAN	TREASURER	5.00	Officer Director	$0	$0	$0
LINDA FORTE	CHAIR	5.00	Officer Director	$0	$0	$0
ELIZA GETZ	DIRECTOR	1.00	Director	$0	$0	$0
WARREN MCALPINE	DIRECTOR	1.00	Director	$0	$0	$0
TOM POST	DIRECTOR	1.00	Director	$0	$0	$0
JEFF STAFEIL	DIRECTOR	1.00	Director	$0	$0	$0
GARY VAN ELSLANDER	DIRECTOR	1.00	Director	$0	$0	$0
MATT WALTERS	DIRECTOR	1.00	Director	$0	$0	$0
OSCAR COBB	DIRECTOR	1.00	Director	$0	$0	$0
ARLENE LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
ELHADJI MARE	DIRECTOR	1.00	Director	$0	$0	$0
FRANK RONEY	DIRECTOR	1.00	Director	$0	$0	$0
DEREK AGUIRRE	PRESIDENT	40.00	Officer Director	$166,000	$23,564	$189,564
EMILY CAMIENER	DIRECTOR	1.00	Director	$0	$0	$0
DIMITRIUS HUTCHERSON	VICE CHAIR	3.00	Officer Director	$0	$0	$0
EUGENE F LOVASCO	DIRECTOR	1.00	Director	$0	$0	$0
GREG WYSOCKI	SECRETARY	3.00	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
2025	$2,062,830	$2,302,614	$9,273,064	$-239,784
2024	$2,528,161	$2,202,547	$14,626,108	$325,614
2023	$3,931,519	$5,508,983	$12,706,522	$-1,577,464
2022	$2,275,601	$1,601,245	$10,676,695	$674,356
2021	$4,152,729	$1,196,691	$10,291,371	$2,956,038
2020	$5,351,526	$1,046,959	$7,057,967	$4,304,567
2019	$1,730,912	$973,885	$2,549,745	$757,027

RACQUET UP DETROIT