KIWANIS SPRING BROOK NON-PROFIT HOUSING ASSOCIATION (EIN 382584570) - 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

1986

Legal Domicile

Principal Officer

GARY WICHMAN

Phone

2693237774

Tax Period

2021-01-01 to 2021-12-31

KIWANIS SPRING BROOK NON-PROFIT HOUSING ASSOCIATION, founded in 1986, is a small nonprofit that reported $799K in total revenue in fiscal year 2021. Revenue surged 225% from the prior year, signaling strong growth momentum. The organization ran a surplus of $614K, a strong 77% operating margin.

Mission

PROVIDE HOUSING TO SENIOR CITIZENS IN EATON RAPIDS, MICHIGAN

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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 (2021)

Revenue Breakdown

Contributions & Grants $87,475

Program Service Revenue $69,654

Investment Income $641,776

Other Revenue $0

TOTAL REVENUE $798,905

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $180,716

Other Expenses $185,140

TOTAL EXPENSES $185,140

Year-over-Year Comparison

	2021	2020	Change
Revenue	$798,905	$246,090	+2.2%
Expenses	$185,140	$230,774	-0.2%
Net Income	$613,765	$15,316	+39.1%

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

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
GARY WICHMAN	PRESIDENT/TR	1.00	Officer Director	$0	$0	$0
ROBERT DICKINS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
STEVEN PETERS	SECRETARY	1.00	Officer Director	$0	$0	$0
LINTON DAVIDSON	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY PETERS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PRICE	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN SHOULTZ	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SHUMAKER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN D VANATOR	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
2021	$798,905	$185,140	$390,537	$613,765
2020	$246,090	$230,774	$680,030	$15,316
2019	$247,579	$242,699	$670,267	$4,880
2018	$238,858	$231,201	$681,662	$7,657

KIWANIS SPRING BROOK NON-PROFIT HOUSING ASSOCIATION