MICHIGAN THANKSGIVING PARADE FOUNDATION (EIN 382460378) - 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

1983

Legal Domicile

Principal Officer

ANTHONY MICHAELS

Phone

3139237400

Tax Period

2024-02-01 to 2025-01-31

MICHIGAN THANKSGIVING PARADE FOUNDATION, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.9M in total revenue in fiscal year 2024. Net assets of $8.5M represent 35 months of operating reserves.

Mission

TO UNITE AND BRING PEOPLE FROM ALL WALKS OF LIFE TOGETHER TO CELEBRATE THE TRADITION AND CREATE A MEMORY FOR THEIR LIFETIMES

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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 $2,742,734

Program Service Revenue $0

Investment Income $166,499

Other Revenue $0

TOTAL REVENUE $2,909,233

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,184,536

Fundraising Expenses $0

Program Expenses $1,592,268

Other Expenses $0

TOTAL EXPENSES $3,184,536

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,909,233	$2,798,543	+0.0%
Expenses	$3,184,536	$2,897,801	+0.1%
Net Income	$-275,303	$-99,258	+1.8%

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

2000

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

$1,160,841

Total Directors

$811,888

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY T MICHAELS	PRESIDENT AND C.E.O.	35.00	Officer Director	$811,888	$0	$811,888
ROBERT G RINEY	CHAIR	1.00	Officer Director	$0	$0	$0
DANIEL J LOEPP	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
MATTHEW J HOWELL	TREASURER	1.00	Officer Director	$0	$0	$0
ROD ALBERTS	DIRECTOR	1.00	Director	$0	$0	$0
VAN CONWAY	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW P CULLEN	DIRECTOR	1.00	Director	$0	$0	$0
BUD DENKER	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH I DINGELL	DIRECTOR	1.00	Director	$0	$0	$0
LINDA FORTE	DIRECTOR	1.00	Director	$0	$0	$0
ERIC LARSON	DIRECTOR	1.00	Director	$0	$0	$0
RYAN MAIBACH	DIRECTOR	1.00	Director	$0	$0	$0
SEAN MORAN	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA E PIERCE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW J SIMONCINI	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA KAMINSKAS	CHIEF OPERATING OFFICER	35.00	Officer	$228,240	$0	$228,240
SHAMBHAVI SRIHARSHA	VICE-PRES., HUMAN RES. AND FINANCE	35.00	Officer	$120,713	$0	$120,713

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
2025	$2,909,233	$3,184,536	$8,541,846	$-275,303
2024	$2,798,543	$2,897,801	$8,663,025	$-99,258
2023	$3,180,846	$4,432,184	$8,716,734	$-1,251,338
2022	$2,964,645	$2,745,378	$9,957,925	$219,267
2021	$3,776,190	$2,618,217	$9,711,850	$1,157,973
2020	$3,538,446	$2,683,752	$8,540,241	$854,694
2019	$3,732,174	$2,750,486	$7,674,136	$981,688

MICHIGAN THANKSGIVING PARADE FOUNDATION