DETROIT, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY SPONSORING AND COORDINATING A PARADE AND OTHER CIVIC FESTIVALS WITHIN THE CITY OF DETROIT FOR THE BENEFIT, EDUCATION, AND ENJOYMENT OF THE RESIDENTS OF THE STATE OF MICHIGAN, AS WELL AS BY PUBLICIZING ITS PROGRAM AND DISSEMINATING INFORMATION CONCERNING THE ATTRIBUTES OF THE METROPOLITAN DETROIT AREA AND THE STATE OF MICHIGAN IN ORDER TO COMBAT COMMUNITY DETERIORATION, RELIEVE THE BURDENS OF GOVERNMENT, AND LESSEN NEIGHBORHOOD TENSIONS
AMERICA'S THANKSGIVING PARADE BRINGS A SPARK OF MAGIC AND PEOPLE FROM ALL WALKS OF LIFE TOGETHER TO ENJOY ONE OF DETROIT'S LARGEST AND FREE EVENTS WHERE, FOR ONE SPECIAL MOMENT, FAMILIES CAN BE...
AMERICA'S THANKSGIVING PARADE BRINGS A SPARK OF MAGIC AND PEOPLE FROM ALL WALKS OF LIFE TOGETHER TO ENJOY ONE OF DETROIT'S LARGEST AND FREE EVENTS WHERE, FOR ONE SPECIAL MOMENT, FAMILIES CAN BE ENTERTAINED, SHARE A TRADITION, AND CREATE A MEMORY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare MICHIGAN THANKSGIVING PARADE FOUNDATION with other nonprofits in Michigan and across the country.