ROTARY CHARITIES OF TRAVERSE CITY

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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

1976

Legal Domicile

Principal Officer

SAKURA TAKANO

Phone

2319414010

Tax Period

2023-07-01 to 2024-06-30

ROTARY CHARITIES OF TRAVERSE CITY, founded in 1976, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 138% from the prior year, signaling strong growth momentum. Expenses of $3.3M exceeded revenue, resulting in a 38% operating deficit.

Mission

PROVIDES FUNDING, LEARNING, AND CONNECTIONS TO ADDRESS OUR REGION'S COMPLEX PROBLEMS AND CREATE COMMUNITY ASSETS FOR ALL.

Program Service Accomplishments

Program 1

Expenses: $2,882,289 Revenue: $55,009

84 GRANTS PROVIDED TO 57 GOVERNMENTAL & NON-PROFIT ORGANIZATIONS AND 10 CAPACITY BUILDING OPPORTUNITIES TO 256 INDIVIDUALS IN CONNECTION WITH THE MISSION OF ROTARY TO PROVIDE CHARITABLE ASSISTANCE TO...

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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 $85,745

Program Service Revenue $55,009

Investment Income $2,108,992

Other Revenue $161,132

TOTAL REVENUE $2,410,878

Expense Breakdown

Grants Paid $1,906,150

Salaries & Benefits $710,032

Fundraising Expenses $0

Program Expenses $2,882,289

Other Expenses $701,689

TOTAL EXPENSES $3,317,871

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,410,878	$1,013,623	+1.4%
Expenses	$3,317,871	$3,417,345	0.0%
Net Income	$-906,993	$-2,403,722	-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

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

$157,605

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG LUYT	CHAIR	1.00	Officer Director	$0	$0	$0
BENJAMIN MARENTETTE	TREASURER/ SECRETARY	1.00	Officer Director	$0	$0	$0
MARLENE BEVAN	TRUSTEE	1.00	Director	$0	$0	$0
JOHN HALL	TRUSTEE	1.00	Director	$0	$0	$0
ALLISON BEERS	TRUSTEE	1.00	Director	$0	$0	$0
KELLY DUNHAM	TRUSTEE	1.00	Director	$0	$0	$0
LORRAINE BEERS	VICE CHAIR	1.00	Director	$0	$0	$0
WENDY IRVIN	TRUSTEE	1.00	Director	$0	$0	$0
AUTUMN SOLTYSIAK	TRUSTEE	1.00	Director	$0	$0	$0
REBECCA TEAHEN	TRUSTEE	1.00	Director	$0	$0	$0
SAKURA TAKANO	CEO	40.00	Officer	$137,130	$20,475	$157,605

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	No data	No data	No data	No data
2024	$2,410,878	$3,317,871	$48,203,748	$-906,993
2023	$1,013,623	$3,417,345	$46,937,028	$-2,403,722
2022	$4,227,513	$3,431,085	$45,678,942	$796,428
2021	$6,016,981	$2,969,657	$55,017,197	$3,047,324
2020	$1,480,169	$3,135,392	$45,839,892	$-1,655,223
2019	$3,105,581	$3,031,762	$48,480,993	$73,819