GREAT LAKES VALLEY CONFERENCE INC

EIN: 352046329 501(c)(3) Recreation & Sports

INDIANAPOLIS, IN

Total Revenue
$1,523,355
Total Expenses
$1,579,806
Total Assets
$1,098,740
Net Assets
$886,605
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IN
Principal Officer
JIM NAUMOVICH
Phone
3172372105
Tax Period
2024-07-01 to 2025-06-30

GREAT LAKES VALLEY CONFERENCE INC, founded in 1978, is a community nonprofit in the Recreation & Sports sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

ADMINISTRATION AND PROMOTION OF NCAA DIVISION II SPORTS AT 15 MIDWEST UNIVERSITIES THAT ARE MEMBER INSTITUTIONS.

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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 $650,000
Program Service Revenue $803,690
Investment Income $35,755
Other Revenue $33,910
TOTAL REVENUE $1,523,355

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $548,235
Fundraising Expenses $0
Program Expenses $1,096,709
Other Expenses $1,026,571
TOTAL EXPENSES $1,579,806

Year-over-Year Comparison

2024 2023 Change
Revenue $1,523,355 $1,382,078 +0.1%
Expenses $1,579,806 $1,606,628 0.0%
Net Income $-56,451 $-224,550 -0.7%
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

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Governance

Voting Members
15
Independent Members
15
Employees
5
Volunteers
100

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
6
$253,749
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR JEFF FREDERICK PRESIDENT 1.00
Officer Director
$0 $0 $0
DR JANET GOOCH COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR TANUJA SINGH COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR DAVID LIVINGSTON VICE CHAIR 1.00
Officer Director
$0 $0 $0
DR JOHN MOSELEY COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR MARK LOMBARDI COUNCIL MEMBER 1.00
Director
$0 $0 $0
MR DANIEL DOBBINS TREASURER 1.00
Officer Director
$0 $0 $0
DR MOHAMMAD DEHGHANI COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR KRISTIN SOBOLIK COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR BRIAN MCGEE COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR SANDRA CASSADY COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR RICHARD J MELSON COUNCIL MEMBER 1.00
Director
$0 $0 $0
DR SUSAN THOMAS CHAIR 1.00
Officer Director
$0 $0 $0
MS KATHY FRANKEN COUNCIL MEMBER 1.00
Director
$0 $0 $0
MS SUSAN CHAMBERS INTERIM PRESIDENT 1.00
Officer Director
$0 $0 $0
MR JIM NAUMOVICH COMMISSIONER 40.00
Officer
$196,910 $56,839 $253,749
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 $1,523,355 $1,579,806 $1,098,740 $-56,451
2024 $1,382,078 $1,606,628 $1,097,068 $-224,550
2023 $1,375,902 $1,391,825 $1,197,032 $-15,923
2022 $1,489,025 $1,162,025 $1,140,833 $327,000
2021 $774,769 $994,770 $987,701 $-220,001
2020 $1,346,213 $1,016,230 $1,137,554 $329,983
2019 $1,163,882 $1,162,797 $795,682 $1,085
2018 $1,207,841 $1,072,999 $731,034 $134,842
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