GROSSE POINTE PARK FOUNDATION (EIN 382558941) - 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

1985

Legal Domicile

Principal Officer

Julie Secord

Phone

3138226200

Tax Period

2024-01-01 to 2024-12-31

GROSSE POINTE PARK FOUNDATION, founded in 1985, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $121K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $415K exceeded revenue, resulting in a 243% operating deficit.

Mission

PROVIDE COMMUNITY IMPROVEMENTS FOR RECREATIONAL AND CULTURAL PURPOSES IN GROSSE POINTE PARK

🔒

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 $112,435

Program Service Revenue $0

Investment Income $8,814

Other Revenue $0

TOTAL REVENUE $121,249

Expense Breakdown

Grants Paid $410,561

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $410,561

Other Expenses $4,780

TOTAL EXPENSES $415,341

Year-over-Year Comparison

	2024	2023	Change
Revenue	$121,249	$267,775	-0.5%
Expenses	$415,341	$380,848	+0.1%
Net Income	$-294,092	$-113,073	+1.6%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BURY	TRUSTEE	0.0	Director	$0	$0	$0
MACKENZIE CHAMBERLAIN	TRUSTEE	0.0	Director	$0	$0	$0
ROBERT LUCAS	TRUSTEE	0.0	Director	$0	$0	$0
ROBERT DENNER	TRUSTEE	0.0	Director	$0	$0	$0
DAVID BAXTER	vice president	0.0	Officer Director	$0	$0	$0
SHERY COTTON	TRUSTEE	0.0	Director	$0	$0	$0
BARBARA DETWILER	TRUSTEE	0.0	Director	$0	$0	$0
MARK FARNEN	TRUSTEE	0.0	Director	$0	$0	$0
JAY KENNEDY	President	2.0	Officer Director	$0	$0	$0
PATRICK MCKEEVER	TRUSTEE	0.0	Director	$0	$0	$0
DR CLARK OKULSKI	TRUSTEE	0.0	Director	$0	$0	$0
ROBIN PERRONE	trustee	0.0	Officer Director	$0	$0	$0
ANNA PITERA	TRUSTEE	1.0	Director	$0	$0	$0
Julie Secord	Treasurer	1.0	Officer Director	$0	$0	$0
JULIE ERICKSON	TRUSTEE	0.0	Director	$0	$0	$0
MONICA SERRAN	TRUSTEE	0.0	Director	$0	$0	$0
Todd Lutheran	TRUSTEE	0.0	Director	$0	$0	$0
Melissa Levasseur	Secretary	0.0	Officer 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	$121,249	$415,341	$88,106	$-294,092
2023	$267,775	$380,848	$382,198	$-113,073
2022	$240,240	$231,612	$495,270	$8,628
2021	$214,145	$74,249	$486,642	$139,896
2020	$75,833	$11,917	$346,745	$63,916

GROSSE POINTE PARK FOUNDATION