TIP OF THE MITT WATERSHED COUNCIL (EIN 382361745) - 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

1979

Legal Domicile

Principal Officer

THOMAS B DARNTON

Phone

2313471181

Tax Period

2023-01-01 to 2023-12-31

TIP OF THE MITT WATERSHED COUNCIL, founded in 1979, is a community nonprofit in the Environment sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 52% operating margin.

Mission

TIP OF THE MITT WATERSHED COUNCIL PROTECTS OUR NORTHERN MICHIGAN LAKES, STREAMS, WETLAND, AND GROUND WATER THROUGH RESPECTED ADVOCACY, INNOVATIVE EDUCATION, TECHNICALLY SOUND WATER QUALITY MONITORING AND THROUGH RESEARCH AND RESTORATION.

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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 $2,903,739

Program Service Revenue $12,089

Investment Income $61,617

Other Revenue $0

TOTAL REVENUE $2,977,445

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,013,565

Fundraising Expenses $154,368

Program Expenses $937,082

Other Expenses $412,799

TOTAL EXPENSES $1,426,364

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,977,445	$1,626,659	+0.8%
Expenses	$1,426,364	$1,683,710	-0.2%
Net Income	$1,551,081	$-57,051	-28.2%

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

200

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

$121,527

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM DARNTON	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHUCK KNEESE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
PERRY IRISH HODGSON	SECRETARY	2.00	Officer Director	$0	$0	$0
SCOTT DAVIS	TREASURER	2.00	Officer Director	$0	$0	$0
BRIAN HAYES	TRUSTEE	1.00	Director	$0	$0	$0
BOB KINGON	TRUSTEE	1.00	Director	$0	$0	$0
JERRY HUEY	TRUSTEE	1.00	Director	$0	$0	$0
MARY BETH KAZANSKI	TRUSTEE	1.00	Director	$0	$0	$0
DONNA PERLA	TRUSTEE	1.00	Director	$0	$0	$0
MIKE SUPERNAULT	TRUSTEE	1.00	Director	$0	$0	$0
ANA SCHWAB	TRUSTEE	1.00	Director	$0	$0	$0
MIKE HAYES	TRUSTEE	1.00	Director	$0	$0	$0
LINDA ADAMS	TRUSTEE	1.00	Director	$0	$0	$0
GREG WALZ	TRUSTEE	1.00	Director	$0	$0	$0
KARIE SLAVIK	TRUSTEE	1.00	Director	$0	$0	$0
AMANDA WEINERT	TRUSTEE	1.00	Director	$0	$0	$0
MARY WOLF	EXECUTIVE DIRECTOR	40.00	Officer	$95,367	$0	$95,367
KIM BAKER	INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$26,160	$0	$26,160

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	$2,977,445	$1,426,364	$5,920,779	$1,551,081
2022	$1,640,465	$1,683,945	$3,966,204	$-43,480
2021	$1,698,728	$1,340,295	$4,852,617	$358,433
2020	$1,688,411	$1,264,462	$4,271,586	$423,949
2019	$1,418,505	$1,370,183	$3,735,483	$48,322
2018	$1,781,156	$1,609,864	$3,285,716	$171,292

TIP OF THE MITT WATERSHED COUNCIL