GRAND HAVEN COAST GUARD FESTIVAL INC (EIN 382392448) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

TRACY J RILEY

Phone

6168465940

Tax Period

2024-01-01 to 2024-12-31

GRAND HAVEN COAST GUARD FESTIVAL INC, founded in 1971, is a community nonprofit in the Recreation & Sports sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $1.0M left a modest 11% surplus.

Mission

HOSTING A FESTIVAL THAT PROVIDES FAMILY FRIENDLY ACTIVITIES; FOCUSING YEAR ROUND ON THE MEN AND WOMEN OF THE UNITED STATES COAST GUARD SERVING IN THE WEST MICHIGAN AREA; BUILDING RELATIONSHIPS WITH COAST GUARD LEADERSHIP THAT FOSTERS THE THEME OF GRAND HAVEN COAST GUARD CITY USA; AND CELEBRATING THE HISTORY OF THE UNITED STATES COAST GUARD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $500,824

Program Service Revenue $627,208

Investment Income $17,480

Other Revenue $14,597

TOTAL REVENUE $1,160,109

Expense Breakdown

Grants Paid $0

Salaries & Benefits $360,853

Fundraising Expenses $55,806

Program Expenses $815,611

Other Expenses $667,712

TOTAL EXPENSES $1,028,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,160,109	$1,006,663	+0.2%
Expenses	$1,028,565	$879,361	+0.2%
Net Income	$131,544	$127,302	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

250

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

$83,892

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACY J RILEY	EXECUTIVE DI	40.00	Officer	$83,892	$0	$83,892
BOB NIEMIEC	PRESIDENT	1.00	Officer Director	$0	$0	$0
SHARON BEHM	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
TERRY GROTEMAT	OP. VICE PRE	1.00	Officer Director	$0	$0	$0
BILL HERBST	OP. VICE PRE	1.00	Officer Director	$0	$0	$0
MORGAN RESCORLA	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JONI BENNETT	SECRETARY	1.00	Officer Director	$0	$0	$0
MIKE POORT	TREASURER	1.00	Officer Director	$0	$0	$0
ANNE LENGKEEK	MARKETING DI	40.00	Highest	$167,503	$0	$167,503
MIKE BEATTY	DIRECTOR	1.00	Director	$0	$0	$0
BRAD BOYINK	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY SWIFTNEY	DIRECTOR	1.00	Director	$0	$0	$0
DAWN DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER DE HAAN	DIRECTOR	1.00	Director	$0	$0	$0
DEB HOFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN KARPIN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN KLEMPEL	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM LATTA	DIRECTOR	1.00	Director	$0	$0	$0
KATE MAGYAR	DIRECTOR	1.00	Director	$0	$0	$0
DANA KOLLEWEHR	DIRECTOR	1.00	Director	$0	$0	$0
CHANDI PAPE	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	$1,160,109	$1,028,565	$1,248,540	$131,544
2023	$1,006,663	$879,361	$1,093,745	$127,302
2022	$906,080	$801,359	$919,818	$104,721
2021	$842,897	$669,802	$882,376	$173,095
2020	$70,311	$228,946	$694,533	$-158,635
2019	$771,633	$696,356	$771,594	$75,277
2018	$674,665	$719,804	$687,065	$-45,139

GRAND HAVEN COAST GUARD FESTIVAL INC