SAGINAW SPIRIT FOUNDATION

EIN: 320012413 501(c)(3) Recreation & Sports

SAGINAW, MI

Total Revenue
$269,333
Total Expenses
$229,007
Total Assets
$107,454
Net Assets
$92,413
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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
2002
Legal Domicile
MI
Principal Officer
PATRICK HENGESBACH
Phone
9897909090
Tax Period
2024-01-01 to 2024-12-31

SAGINAW SPIRIT FOUNDATION, founded in 2002, is a small nonprofit in the Recreation & Sports sector that reported $269K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $229K left a modest 15% surplus.

Mission

SUPPORT YOUTH HOCKEY AND CHILDREN'S PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,797
Program Service Revenue $101,011
Investment Income $0
Other Revenue $163,525
TOTAL REVENUE $269,333

Expense Breakdown

Grants Paid $82,442
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $229,007
Other Expenses $146,565
TOTAL EXPENSES $229,007

Year-over-Year Comparison

2024 2023 Change
Revenue $269,333 $197,842 +0.4%
Expenses $229,007 $220,628 +0.0%
Net Income $40,326 $-22,786 -2.8%
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
4
Independent Members
N/A
Employees
N/A
Volunteers
200

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Garber President 1.00
Officer Director
$0 $0 $0
Patrick Hengesbach Secretary/Tresurer 2.00
Officer Director
$0 $0 $0
Steve Kelly Director 1.00
Director
$0 $0 $0
Mike Stelter Director 1.00
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 $269,333 $229,007 $107,454 $40,326
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