Detroit Auto Dealers Association

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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

1908

Legal Domicile

Principal Officer

Kathryn Coleman

Phone

2486430250

Tax Period

2023-07-01 to 2024-06-30

Detroit Auto Dealers Association, founded in 1908, is a mid-sized nonprofit in the Human Services sector that reported $15.3M in total revenue in fiscal year 2023. Revenue surged 374% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.8M, a strong 18% operating margin.

Mission

To educate, promote & encourgage the public about the use of automobiles.

Program Service Accomplishments

Program 1

Expenses: $9,520,152 Revenue: $6,050,084

Continued the education of the public about the automobile industry; promoted & encouraged the use of automobiles. Maintained ability to educate public about industry and promote and encourage use of automobiles. Provided minimal number forms to members as requested for the promotion of the auto industry.

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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 (2023)

Revenue Breakdown

Contributions & Grants $8,000,000

Program Service Revenue $6,050,084

Investment Income $974,712

Other Revenue $241,492

TOTAL REVENUE $15,266,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,598,720

Fundraising Expenses $0

Program Expenses $9,520,152

Other Expenses $9,844,152

TOTAL EXPENSES $12,442,872

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,266,288	$3,220,540	+3.7%
Expenses	$12,442,872	$2,885,025	+3.3%
Net Income	$2,823,416	$335,515	+7.4%

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

173

Independent Members

173

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Samuel Klemet	Executive VI	39.00	Officer	$0	$0	$0
Todd Szott	President	1.00	Officer	$0	$0	$0
Lincoln Phillip	Vice President	1.00	Officer	$0	$0	$0
Kathryn Coleman	Secretary/Treasurer	1.00	Officer	$0	$0	$0
Rodney Albert	Past Exec.Vice Pres	39.00		$551,428	$95,499	$646,927

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	No data	No data	No data	No data
2024	$15,266,288	$12,442,872	$29,517,192	$2,823,416
2024	No data	No data	No data	No data
2023	$3,220,540	$2,885,025	$25,876,922	$335,515
2022	$5,023,383	$7,463,166	$24,472,974	$-2,439,783
2021	$4,914,224	$2,573,209	$30,726,504	$2,341,015
2020	$1,274,210	$1,699,798	$24,718,024	$-425,588
2019	$2,078,808	$2,019,337	$24,933,475	$59,471