RONALD MCDONALD HOUSE CHARITIES DET

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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

1979

Legal Domicile

Principal Officer

JENNIFER LITOMISKY

Phone

3137455911

Tax Period

2024-01-01 to 2024-12-31

RONALD MCDONALD HOUSE CHARITIES DET, founded in 1979, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $500K, a strong 19% operating margin.

Mission

THE ORGANIZATION PROVIDES A HOME AWAY FROM HOME AND SUPPORT SERVICES TO FAMILIES WITH CHILDREN HOSPITALIZED AT CHILDREN'S HOSPITALS OF MICHIGAN.

Program Service Accomplishments

Program 1

Expenses: $1,667,205 Revenue: $21,165

OPERATION OF RONALD MCDONALD HOUSE OF DETROIT IN CONJUNCTION WITH CHILDREN'S HOSPITALS OF MICHIGAN. THE HOUSE PROVIDES A HOME AWAY FROM HOME FOR PARENTS AND FAMILIES WITH CHILDREN IN THE HOSPITAL.

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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 $2,034,464

Program Service Revenue $21,165

Investment Income $493,458

Other Revenue $29,026

TOTAL REVENUE $2,578,113

Expense Breakdown

Grants Paid $0

Salaries & Benefits $759,505

Fundraising Expenses $159,324

Program Expenses $1,667,205

Other Expenses $1,318,481

TOTAL EXPENSES $2,077,986

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,578,113	$1,949,680	+0.3%
Expenses	$2,077,986	$2,244,149	-0.1%
Net Income	$500,127	$-294,469	-2.7%

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

3640

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

$191,912

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER LITOMISKY	CEO	40.00	Officer	$174,015	$17,897	$191,912
JOE ALCODRAY	DIRECTOR	1.00	Director	$0	$0	$0
BLAIR BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JEFFRIE CHAPPELL	DIRECTOR	1.00	Director	$0	$0	$0
PHILL DICENSO	DIRECTOR	1.00	Director	$0	$0	$0
MARLA DRUTZ	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW FADELL	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HABOIAN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS LAROUERE	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MILNARCIK	DIRECTOR	1.00	Director	$0	$0	$0
HEATH ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA STANKOV	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA TATUM	DIRECTOR	1.00	Director	$0	$0	$0
TOMMY TRAN	DIRECTOR	1.00	Director	$0	$0	$0
NATHAN WINTER	DIRECTOR	1.00	Director	$0	$0	$0
ERIC BISCHER	TREASURER	5.00	Officer	$0	$0	$0
JONI THROWER DAVIS	SECRETARY	5.00	Officer	$0	$0	$0
SHANNA JOHNSON	VICE PRESIDE	5.00	Officer	$0	$0	$0
SHERI MARK	PAST PRESIDE	5.00	Officer	$0	$0	$0
BRENDA ROBINSON-WRIGHT	PRESIDENT	5.00	Officer	$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	$2,578,113	$2,077,986	$9,199,650	$500,127
2023	$1,949,680	$2,244,149	$8,874,225	$-294,469
2022	$2,808,365	$2,141,010	$8,750,831	$667,355
2021	$2,140,069	$1,964,171	$8,635,030	$175,898
2020	$1,832,785	$1,914,415	$8,381,972	$-81,630
2019	$1,656,747	$2,159,634	$8,194,169	$-502,887