WOLVERINE BAR FOUNDATION

EIN: 382349850 501(c)(3) Crime & Legal

DETROIT, MI

Total Revenue
$102,558
Total Expenses
$52,736
Total Assets
$184,968
Net Assets
$184,968
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
MI
Principal Officer
ROBBIE GAINES
Phone
3139620250
Tax Period
2023-01-01 to 2023-12-31

WOLVERINE BAR FOUNDATION, founded in 1981, is a small nonprofit in the Crime & Legal sector that reported $103K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $50K, a strong 49% operating margin.

Mission

TEH WOLVERINE BAR FOUNDATION SERVES AS THE CHARITABLE ARM OF THE WOLVERINE BAR ASSOCIATION. THE FOUNDATION SUPPORTS PROGRAMS THAT RAISE MONEY FOR THE DISTRIBUTION OF SCHOLARSHIPS TO DESERVING STUDENTS, HOST PROGRAMS THAT EDUCATE & INSTRUCT STUDENTS ON THE FUNDAMENTAL SKILLS NEEDED FOR A LEGAL CAREER, SUPPORTS VARIOUS CHARITABLE & EDUCATIONAL ACTIVITIES, AND SPONSORS COMMUNITY OUTREACH PROGRAMS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $55,015
Program Service Revenue $0
Investment Income $0
Other Revenue $47,543
TOTAL REVENUE $102,558

Expense Breakdown

Grants Paid $45,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,000
Other Expenses $7,736
TOTAL EXPENSES $52,736

Year-over-Year Comparison

2023 2022 Change
Revenue $102,558 $88,849 +0.2%
Expenses $52,736 $63,606 -0.2%
Net Income $49,822 $25,243 +1.0%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE HUTCHERSON PAST PRESIDE 1.00
Officer
$0 $0 $0
ROBBIE GAINES PRESIDENT 1.00
Officer
$0 $0 $0
JASMINE MOORE PRESIDENT EL 1.00
Officer
$0 $0 $0
MACIE TUIASOSOPO GAINES DIRECTOR 1.00
Director
$0 $0 $0
ANGELA ENOCH DIRECTOR 1.00
Director
$0 $0 $0
DEJA DAVIS DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL E HALL DIRECTOR 1.00
Director
$0 $0 $0
PONCE CLAY DIRECTOR 1.00
Director
$0 $0 $0
JAILAH D EMERSON SECRETARY 1.00
Officer
$0 $0 $0
LISA TIMMONS DIRECTOR 1.00
Director
$0 $0 $0
AARON ROBERSON TREASURER 1.00
Officer
$0 $0 $0
CRAIG STRONG DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS SMITH-SCOTT DIRECTOR 1.00
Director
$0 $0 $0
ERIC MATHIS 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 $102,558 $52,736 $184,968 $49,822
2022 $88,849 $63,606 $137,646 $25,243
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