DEARBORN COMMUNITY FOUNDATION INC (EIN 352036110) - 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

1997

Legal Domicile

Principal Officer

Lisa Moorhead Board President

Phone

8125394115

Tax Period

2024-01-01 to 2024-12-31

DEARBORN COMMUNITY FOUNDATION INC, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.8M in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.8M, a strong 67% operating margin.

Mission

The Dearborn Community Foundation, Inc. is a catalyst to connect people who care with causes that improve the quality of life in our community by advancing cultural, educational and social opportunities, while preserving our community's heritage and helping donors to create a permanent legacy in Dearborn County.

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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 $3,732,234

Program Service Revenue $0

Investment Income $1,982,639

Other Revenue $63,370

TOTAL REVENUE $5,778,243

Expense Breakdown

Grants Paid $1,446,432

Salaries & Benefits $292,104

Fundraising Expenses $114,610

Program Expenses $1,739,942

Other Expenses $195,189

TOTAL EXPENSES $1,933,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,778,243	$3,099,914	+0.9%
Expenses	$1,933,725	$1,639,603	+0.2%
Net Income	$3,844,518	$1,460,311	+1.6%

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

Total Directors

Key Employees

$124,138

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Fred McCarter	Executive Director	40	Key Emp Highest	$112,999	$11,139	$124,138
Mike McLaughlin	Chairperson	3	Officer Director	$0	$0	$0
Jon Strautman	President	3	Officer Director	$0	$0	$0
Lisa Moorhead	Vice-President	3	Officer Director	$0	$0	$0
Dave Lusby	Secretary	3	Officer Director	$0	$0	$0
Bridget Davidson	Treasurer	3	Officer Director	$0	$0	$0
Becky Lyons	Director	2	Director	$0	$0	$0
James Stock	Director	2	Director	$0	$0	$0
Jeanne Lehn	Director	2	Director	$0	$0	$0
Michael Hollenbeck	Director	2	Director	$0	$0	$0
Larry Campbell	Director	2	Director	$0	$0	$0
Jan Tyler	Director	2	Director	$0	$0	$0
Linda Gellert	Director	2	Director	$0	$0	$0
Ed Gordon	Director	2	Director	$0	$0	$0
Casey Finnegan	Director	2	Director	$0	$0	$0
Gary Honchell	Director	2	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	$5,778,243	$1,933,725	$33,385,847	$3,844,518
2023	$3,099,914	$1,639,603	$29,333,321	$1,460,311
2022	$2,637,284	$1,850,554	$25,543,905	$786,730
2021	$3,989,851	$1,696,471	$28,709,986	$2,293,380
2020	$1,857,914	$1,762,160	$24,202,399	$95,754

DEARBORN COMMUNITY FOUNDATION INC