GRAND RAPIDS YOUTH COMMONWEALTH INC (EIN 380593958) - 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

1939

Legal Domicile

Principal Officer

PATRICK PLACZKOWSKI

Phone

6162339370

Tax Period

2024-01-01 to 2024-12-31

GRAND RAPIDS YOUTH COMMONWEALTH INC, founded in 1939, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 30% operating margin.

Mission

TO ENHANCE THE CHARACTER OF YOUTH THROUGH RECREATION, EDUCATION, AND OTHER POSITIVE COMMUNITY EXPERIENCES IN PARTNERSHIP WITH THE GRAND RAPIDS POLICE DEPARTMENT.

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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 $3,636,618

Program Service Revenue $31,785

Investment Income $54,700

Other Revenue $9,382

TOTAL REVENUE $3,732,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,514,564

Fundraising Expenses $190,652

Program Expenses $2,067,976

Other Expenses $1,113,521

TOTAL EXPENSES $2,628,085

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,732,485	$2,902,666	+0.3%
Expenses	$2,628,085	$2,557,655	+0.0%
Net Income	$1,104,400	$345,011	+2.2%

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

108

Volunteers

600

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

$134,842

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK PLACZKOWSKI	EXECUTIVE DI	40.00	Officer	$123,224	$11,618	$134,842
ERIC WINSTROM	PRESIDENT	1.00	Officer Director	$0	$0	$0
NIKOLE CANUTE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
NOAH JANKOWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
GEOFF MCDANIEL	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH GAVAN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CHRIS BECKER	DIRECTOR	1.00	Director	$0	$0	$0
JEFF COUSINS	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE DAVIDSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE DUNAWAY	DIRECTOR	1.00	Director	$0	$0	$0
HENRY EMRICH	DIRECTOR	1.00	Director	$0	$0	$0
DEANDRE' HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN HOPKINS	DIRECTOR	1.00	Director	$0	$0	$0
DEREK HUNDERMAN	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN KEENER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KIDDLE	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE MCKORMICK	DIRECTOR	1.00	Director	$0	$0	$0
DARYL REECE	DIRECTOR	1.00	Director	$0	$0	$0
MIKE RITSEMA	DIRECTOR	1.00	Director	$0	$0	$0
HAYLEY VAN HECK	DIRECTOR	1.00	Director	$0	$0	$0
MIKE WHEELER	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE LAJOYE YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE SHERROD	DIRECTOR - P	1.00	Director	$0	$0	$0
ELIZABETH SNOW	DIRECTOR - P	1.00	Director	$0	$0	$0
JOHN WHEELER	DIRECTOR - P	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
2024	$3,732,485	$2,628,085	$8,202,088	$1,104,400
2023	$2,902,666	$2,557,655	$7,065,921	$345,011
2022	$3,576,857	$2,133,644	$6,633,609	$1,443,213
2021	$2,995,800	$2,093,552	$5,210,285	$902,248
2020	$1,955,149	$1,910,013	$4,289,744	$45,136
2019	$1,545,304	$1,715,096	$4,234,085	$-169,792
2018	$1,292,179	$1,966,320	$4,599,753	$-674,141

GRAND RAPIDS YOUTH COMMONWEALTH INC