FERNDALE SCHOOLS FINE ARTS BOOSTERS

EIN: 320093595 501(c)(3) Education

FERNDALE, MI

Total Revenue
$185,435
Total Expenses
$185,549
Total Assets
$100,634
Net Assets
$100,634
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MI
Principal Officer
MARY FOREMAN
Phone
8104993131
Tax Period
2024-07-01 to 2025-06-30

FERNDALE SCHOOLS FINE ARTS BOOSTERS, founded in 2004, is a small nonprofit in the Education sector that reported $185K in total revenue in fiscal year 2024.

Mission

BAND, ORCHESTRA, DANCE, CHOIR, VISUAL ARTS, WINTER GUARD AND MARCHING BAND PROGRAMS TO PROMOTE AND FUND THE FINE ARTS PROGRAMS IN THE FERNDALE, MI SCHOOL DISTRICT FOR GRADES 5-12.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $19,495
Program Service Revenue $122,003
Investment Income $3
Other Revenue $43,934
TOTAL REVENUE $185,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $182,552
Other Expenses $38,639
TOTAL EXPENSES $185,549

Year-over-Year Comparison

2024 2023 Change
Revenue $185,435 $177,100 +0.0%
Expenses $185,549 $208,452 -0.1%
Net Income $-114 $-31,352 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY FOREMAN PRESIDENT 15.00
Officer
$0 $0 $0
AMY MEYERSIECK TREASURER 15.00
Officer
$0 $0 $0
TRICIA VENZKE SECRETARY 6.00
Officer
$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 $185,435 $185,549 $100,634 $-114
2024 $177,100 $208,452 $101,400 $-31,352
2023 $152,732 $162,079 $132,752 $-9,347
2022 $119,423 $113,608 $141,095 $5,815
2021 $69,912 $29,748 $135,280 $40,164
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FERNDALE SCHOOLS FINE ARTS BOOSTERS with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.