FARMINGTON, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FARMINGTON GLEN AQUATIC CLUB, founded in 1962, is a small nonprofit in the Recreation & Sports sector that reported $346K in total revenue in fiscal year 2024. Revenue surged 188% from the prior year, signaling strong growth momentum. Expenses of $314K left a modest 9% surplus.
FARMINGTON GLEN AQUATIC CLUB (FGAC) IS A SUMMER SWIM CLUB PROGRAM THAT CONSISTS OF AN OUTDOOR SWIMMING POOL (6 LANES), VOLLEYBALL COURT, PAVILLION SNACK BAR, AND LOCKER ROOMS. FGAC'S MEMBERS USE THE FACILITY IN THE SUMMER TO RELAX, SWIM, COMPETE IN EVENTS IN A SAFE, FRIENDLY, NEIGHBORHOOD ENVIRONMENT. FGAC HAS A SUMMER SWIM TEAM FOR YOUTH (AGES 3 TO 18 YEARS) AND COMPETES IN THE NSSL SWIM LEAGUE. THERE ARE APPROXIMATELY 175 SWIMMERS ON THE TEAM. THIS GIVES THE YOUTH A CHANCE TO LEARN TO SWIM AND BE COMPETITIVE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $346,309 | $120,281 | +1.9% |
| Expenses | $313,752 | $326,789 | 0.0% |
| Net Income | $32,557 | $-206,508 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHARLES BRIDGES | LIFEGUARD CH | N/A |
Director
|
$0 | $0 | $0 |
| STACY BUATTI | SOCIAL CHAIR | N/A |
Director
|
$0 | $0 | $0 |
| SHELLY DUK | MEMBERSHIP C | N/A |
Director
|
$0 | $0 | $0 |
| ROBERT GREAVES | VICE PRESIDE | N/A |
Officer
Director
|
$0 | $0 | $0 |
| VERONICA JAMIESON | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| MATT KIPF | SOCIAL MEDIA | N/A |
Director
|
$0 | $0 | $0 |
| CURT MARTIN | POOL & GROUN | N/A |
Director
|
$0 | $0 | $0 |
| DENNIS MILLINOFF | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| CLAY PENNINGTON | POOL & GROUN | N/A |
Director
|
$0 | $0 | $0 |
| SARA STILLWELL | SWIM TEAM CH | N/A |
Director
|
$0 | $0 | $0 |
| DANA VISSER | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $346,309 | $313,752 | $661,916 | $32,557 |
| 2023 | $120,281 | $326,789 | $643,230 | $-206,508 |
| 2022 | $538,675 | $319,116 | $840,410 | $219,559 |
| 2021 | $315,298 | $291,517 | $619,485 | $23,781 |
| 2020 | $252,314 | $205,098 | $599,688 | $47,216 |
| 2019 | $279,650 | $268,225 | $412,860 | $11,425 |
| 2018 | $247,218 | $248,036 | $376,113 | $-818 |
Compare FARMINGTON GLEN AQUATIC CLUB with other nonprofits in Michigan and across the country.