AL-VAN HUMANE SOCIETY INC (EIN 382072192) - 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

1991

Legal Domicile

Principal Officer

KATHY KORSE

Phone

2696375062

Tax Period

2023-01-01 to 2023-12-31

AL-VAN HUMANE SOCIETY INC, founded in 1991, is a community nonprofit in the Animal-Related sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 538% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 76% operating margin.

Mission

THE PRIMARY PURPOSE OF THE AL-VAN HUMANE SOCIETY, INC. IS TO COMPASSIONATELY SERVE THE COMPANION ANIMALS IN ALLEGAN AND VAN BUREN COUNTIES BY PROVIDING THE BEST SHELTER, ADOPTIVE HOMES, EDUCATION, AND RESOURCES AVAILABLE.

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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 $2,397,931

Program Service Revenue $37,562

Investment Income $921

Other Revenue $37,109

TOTAL REVENUE $2,473,523

Expense Breakdown

Grants Paid $0

Salaries & Benefits $351,988

Fundraising Expenses $91,550

Program Expenses $432,181

Other Expenses $236,982

TOTAL EXPENSES $588,970

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,473,523	$387,942	+5.4%
Expenses	$588,970	$604,730	0.0%
Net Income	$1,884,553	$-216,788	-9.7%

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

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
GRACE GILMORE	CO-PRESIDENT	8.00	Officer Director	$0	$0	$0
KATHY KORSE	CO-PRESIDENT	10.00	Officer Director	$0	$0	$0
JOANN PLOEN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ELLEN LIEHR	TREASURER	15.00	Officer Director	$0	$0	$0
GWEN HINZ	SECRETARY	15.00	Officer Director	$0	$0	$0
JODI CLOCK	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY MCKEE	DIRECTOR	4.00	Director	$0	$0	$0
BRADLEY BOROWIEC	DIRECTOR	1.00	Director	$0	$0	$0
CATHY NOVAK	DIRECTOR	5.00	Director	$0	$0	$0
JOHN NAPPO	DIRECTOR	1.00	Director	$0	$0	$0
RENEE RUSH	DIRECTOR	1.00	Director	$0	$0	$0
SUZY SWANSON	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
2024	No data	No data	No data	No data
2023	$2,473,523	$588,970	$3,173,047	$1,884,553
2022	$387,942	$604,730	$1,274,309	$-216,788
2021	$1,046,000	$465,874	$1,517,925	$580,126
2020	$433,790	$407,358	$945,633	$26,432
2019	$412,810	$470,474	$928,240	$-57,664
2018	$518,152	$483,355	$1,001,610	$34,797

AL-VAN HUMANE SOCIETY INC