GRAND TRAVERSE INDUSTRIES INC (EIN 382090521) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

CINDY EVANS

Phone

2319224886

Tax Period

2023-10-01 to 2024-09-30

GRAND TRAVERSE INDUSTRIES INC, founded in 1975, is a community nonprofit in the Employment sector that reported $5.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $4.5M left a modest 15% surplus.

Mission

GRAND TRAVERSE INDUSTRIES FIERCELY ADVOCATES STRENGTHENS AND ADVANCES THE DIGNITY AND OPPORTUNITIES OF PEOPLE WITH DISABILITIES THROUGH SERVICES AND EMPLOYMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $331,833

Program Service Revenue $4,593,568

Investment Income $68,623

Other Revenue $255,821

TOTAL REVENUE $5,249,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,524,221

Fundraising Expenses $0

Program Expenses $3,980,520

Other Expenses $939,907

TOTAL EXPENSES $4,464,128

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,249,845	$4,817,148	+0.1%
Expenses	$4,464,128	$4,044,669	+0.1%
Net Income	$785,717	$772,479	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

398

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

$117,309

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CINDY EVANS	EXECUTIVE DIRECTOR CEO	40.00	Officer	$98,040	$19,269	$117,309
RON LEMCOOL	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
LAURIE SCHNELL	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
STACEY ANN SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
JESS ASHMORE	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT PARKER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER EWING	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON DARIN	DIRECTOR	1.00	Director	$0	$0	$0
RAYMODN KUHN	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN GERACE	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA SKEANS	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD VANBLEEK	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	$5,249,845	$4,464,128	$8,793,683	$785,717
2023	$4,817,148	$4,044,669	$8,142,268	$772,479
2022	$4,177,412	$3,925,256	$6,663,673	$252,156
2021	$5,395,513	$3,872,837	$4,606,011	$1,522,676
2021	$5,430,260	$3,872,837	$4,640,758	$1,557,423
2020	$3,701,479	$3,467,262	$4,276,874	$234,217
2019	$4,141,533	$3,938,614	$4,096,267	$202,919
2018	$3,907,366	$3,798,512	$4,097,564	$108,854

GRAND TRAVERSE INDUSTRIES INC