MICHIGAN GATEWAY COMMUNITY FOUNDATION (EIN 382180730) - 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

1977

Legal Domicile

Principal Officer

MICHAEL ROWLAND

Phone

2696953521

Tax Period

2024-04-01 to 2025-03-31

MICHIGAN GATEWAY COMMUNITY FOUNDATION, founded in 1977, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 37% operating margin.

Mission

COMMUNITY PRESERVATION

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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 $606,860

Program Service Revenue $445,117

Investment Income $1,848,587

Other Revenue $0

TOTAL REVENUE $2,900,564

Expense Breakdown

Grants Paid $1,053,509

Salaries & Benefits $273,114

Fundraising Expenses $78,615

Program Expenses $1,601,814

Other Expenses $502,689

TOTAL EXPENSES $1,829,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,900,564	$1,816,398	+0.6%
Expenses	$1,829,312	$1,589,183	+0.2%
Net Income	$1,071,252	$227,215	+3.7%

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

N/A

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

$89,903

Total Directors

$89,903

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL ROWLAND	PRESIDENT & SECRETARY	40.00	Officer Director	$87,206	$2,697	$89,903
KARIN FALKENSTEIN	CHAIRMAN	2.00	Director	$0	$0	$0
JANE BRANDSTATTER	VICE-CHAIRMAN	2.00	Director	$0	$0	$0
MONSE AVINA	YOUTH REPRESENTATIVE	1.00	Director	$0	$0	$0
BAILEY ROEDER	YOUTH REPRESENTATIVE	1.00	Director	$0	$0	$0
DENISE PETERS	TRUSTEE	1.00	Director	$0	$0	$0
HOPE ANDERSON	TRUSTEE	1.00	Director	$0	$0	$0
KATHY ROSSOW	TRUSTEE	1.00	Director	$0	$0	$0
PATRICIA ROBINSON	TRUSTEE	1.00	Director	$0	$0	$0
RANDY HENDRIXSON	TRUSTEE	1.00	Director	$0	$0	$0
SARA SENICA	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN K WOODS	TRUSTEE	1.00	Director	$0	$0	$0
TEX SHETERON	TRUSTEE	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
2025	$2,900,564	$1,829,312	$29,315,775	$1,071,252
2024	$1,816,398	$1,589,183	$28,248,791	$227,215
2023	$1,805,104	$1,693,060	$24,549,519	$112,044
2022	$2,102,219	$1,438,255	$26,814,811	$663,964
2021	$1,267,445	$1,352,725	$25,940,239	$-85,280
2020	$3,727,894	$1,803,696	$18,952,713	$1,924,198
2019	$2,526,064	$1,526,796	$20,754,863	$999,268

MICHIGAN GATEWAY COMMUNITY FOUNDATION