DETROIT CHAMBER WINDS INC (EIN 382445218) - 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

1982

Legal Domicile

Principal Officer

MAURY OKUN

Phone

2485592095

Tax Period

2023-08-01 to 2024-07-31

DETROIT CHAMBER WINDS INC, founded in 1982, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $633K, a strong 35% operating margin.

Mission

CLASSICAL ARTS PERFORMANCE, EDUCATION SERVICES, AND ADMINISTRATION.

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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 $1,174,122

Program Service Revenue $562,873

Investment Income $41,202

Other Revenue $30,512

TOTAL REVENUE $1,808,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $775,970

Fundraising Expenses $103,473

Program Expenses $993,486

Other Expenses $399,323

TOTAL EXPENSES $1,175,293

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,808,709	$1,073,939	+0.7%
Expenses	$1,175,293	$1,039,939	+0.1%
Net Income	$633,416	$34,000	+17.6%

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

$94,009

Total Directors

$94,009

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAURY OKUN	PRESIDENT	20.00	Officer Director	$94,009	$0	$94,009
GEOFFREY NATHAN	CO-CHAIR	1.00	Officer Director	$0	$0	$0
EDWARD SHARPLES	TREASURER	1.00	Officer Director	$0	$0	$0
SALLY BAKER	DIRECTOR	1.00	Director	$0	$0	$0
MARY BREVARD	DIRECTOR	1.00	Director	$0	$0	$0
JANE CONWAY	DIRECTOR	1.00	Director	$0	$0	$0
DAMIEN CRUTCHER	DIRECTOR	1.00	Director	$0	$0	$0
GLORIA HEPPNER	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS HITCHMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARY JARMAN	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW MORIN	DIRECTOR	1.00	Director	$0	$0	$0
RALPH SAFFORD	DIRECTOR	1.00	Director	$0	$0	$0
BARRY WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
BEVERLY WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA WULF	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL L CHER MD	DIRECTOR	1.00	Director	$0	$0	$0
VICTORIA KING	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD MCLELLAND	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA PLEISS	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT STRONG	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN WENDLER	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH SULLIVAN	DIRECTOR	1.00	Director	$0	$0	$0
MARLA CAREW	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	$1,808,709	$1,175,293	$1,899,995	$633,416
2023	$1,073,939	$1,039,939	$1,199,352	$34,000
2022	$1,208,587	$956,753	$1,164,114	$251,834
2021	$896,524	$931,600	$1,050,937	$-35,076
2020	$857,796	$978,723	$996,779	$-120,927
2019	$1,374,582	$960,658	$1,018,227	$413,924
2018	$908,714	$855,626	$590,796	$53,088

DETROIT CHAMBER WINDS INC