ELSIE I STOUT AND CLARENCE R STOUT MEMORIAL FOUN (EIN 274952366) - 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

2011

Legal Domicile

Principal Officer

MARK MCGRATH

Phone

3093593461

Tax Period

2024-01-01 to 2024-12-31

ELSIE I STOUT AND CLARENCE R STOUT MEMORIAL FOUN, founded in 2011, is a micro nonprofit in the Education sector that reported $25K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 57% operating deficit.

Mission

ORGANIZED PURSUANT TO THE FIRST CODICIL TO THE LAST WILL AND TESTAMENT OF ELSIE I. STOUT TO PROVIDE A CHARITABLE FOUNDATION FOR THE MACKINAW COMMUNITY

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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 $0

Program Service Revenue $0

Investment Income $25,316

Other Revenue $0

TOTAL REVENUE $25,316

Expense Breakdown

Grants Paid $37,758

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,758

Other Expenses $2,112

TOTAL EXPENSES $39,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,316	$32,668	-0.2%
Expenses	$39,870	$36,806	+0.1%
Net Income	$-14,554	$-4,138	+2.5%

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
WILLIAM J EMBRY	DIRECTOR	1.00	Director	$0	$0	$0
STEVE DUITSMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARK MCGRATH	TREASURER	1.00	Officer Director	$0	$0	$0
LORI CARLSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
SARA WILKINS	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
BRANDON FOGLER	SECRETARY	1.00	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	$25,316	$39,870	$1,100,753	$-14,554
2023	$32,668	$36,806	$1,041,763	$-4,138
2022	$54,289	$30,379	$1,045,961	$23,910
2021	$119,262	$33,057	$1,060,927	$86,205
2020	$21,708	$34,393	$967,435	$-12,685

ELSIE I STOUT AND CLARENCE R STOUT MEMORIAL FOUN