DETROIT FINNISH COOPERATIVE SUMMER CAMP ASSOCIATION (EIN 380478852) - 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

1925

Legal Domicile

Phone

3133030007

Tax Period

2024-03-01 to 2025-02-28

DETROIT FINNISH COOPERATIVE SUMMER CAMP ASSOCIATION, founded in 1925, is a small nonprofit that reported $271K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $1.4M represent 64 months of operating reserves.

Mission

To promote Finnish culture and heritage.

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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 $209,133

Program Service Revenue $0

Investment Income $46,883

Other Revenue $15,042

TOTAL REVENUE $271,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,810

Fundraising Expenses $0

Other Expenses $254,977

TOTAL EXPENSES $282,787

Year-over-Year Comparison

	2024	2023	Change
Revenue	$271,058	$222,794	+0.2%
Expenses	$282,787	$252,723	+0.1%
Net Income	$-11,729	$-29,929	-0.6%

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

197

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

$1,600

Total Directors

$1,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL BARBER	Treasurer	1.00	Officer Director	$1,600	$0	$1,600
RALPH HEIKENEN	President	1.00	Officer Director	$0	$0	$0
ROSEMARY SHAY	Secretary	1.00	Officer Director	$0	$0	$0
ERIC SOLIN	Director	1.00	Director	$0	$0	$0
BRADLEY O'NEILL	Director	1.00	Director	$0	$0	$0
ANDREW PYPE	Director	1.00	Director	$0	$0	$0
RAY MILLER	Director	1.00	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
2025	$271,058	$282,787	$1,777,647	$-11,729
2024	$222,794	$252,723	$1,643,637	$-29,929
2023	$296,862	$264,952	$1,454,098	$31,910
2022	$177,227	$185,428	$1,561,543	$-8,201
2021	$155,971	$159,610	$1,461,108	$-3,639
2020	$176,193	$264,772	$1,248,391	$-88,579
2019	$201,969	$194,620	$1,346,584	$7,349

DETROIT FINNISH COOPERATIVE SUMMER CAMP ASSOCIATION