ADA WEST COMMERCIAL CONDOMINIUM ASSOCIATION

EIN: 364830334

ADA, MI

Total Revenue
$34,730
Total Expenses
$34,730
Total Assets
$22,694
Net Assets
N/A
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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
2016
Legal Domicile
MI
Principal Officer
JANELLE FRANKE
Phone
6164581567
Tax Period
2021-01-01 to 2021-12-31

ADA WEST COMMERCIAL CONDOMINIUM ASSOCIATION, founded in 2016, is a micro nonprofit that reported $35K in total revenue in fiscal year 2021. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

THE ORGANIZATION IS A NONPROFIT CORPORATION WHOSE SOLE ACTIVITY IS TO MANAGE, OPERATE, MAINTAIN AND REPLACE COMMON ELEMENTS OF CONDOMINIUM PROPERTY FOR THE BENEFIT OF MEMBERS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $34,730
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $34,730

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $34,730
TOTAL EXPENSES $34,730

Year-over-Year Comparison

2021 2020 Change
Revenue $34,730 $43,424 -0.2%
Expenses $34,730 $43,424 -0.2%
Net Income $0 N/A N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAUN BIEL SECRETARY 1.00
Officer
$0 $0 $0
STEPHEN DERTZ TREASURER 1.00
Officer
$0 $0 $0
JOHN FRANCIS ASSOCIATION N/A
Officer
$0 $0 $0
JANELLE FRANKE PRESIDENT 1.00
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
2021 $34,730 $34,730 $22,694 No data
2020 $43,424 $43,424 $29,559 No data
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