SIGMA GAMMA ASSOCIATION

EIN: 382588365 501(c)(3) Education

GROSSE POINTE FARMS, MI

Total Revenue
$207,712
Total Expenses
$131,684
Total Assets
$156,849
Net Assets
$116,906
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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

Principal Officer
ELIZABETH CONNORS
Phone
3135062504
Tax Period
2024-01-01 to 2024-12-31

SIGMA GAMMA ASSOCIATION is a small nonprofit in the Education sector that reported $208K in total revenue in fiscal year 2024. The organization ran a surplus of $76K, a strong 37% operating margin.

Mission

TO RAISE MONEY FOR THE DETROIT INSITUTE FOR CHILDREN.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $35,977
Program Service Revenue $3,190
Investment Income $0
Other Revenue $168,545
TOTAL REVENUE $207,712

Expense Breakdown

Grants Paid $93,767
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $131,684
Other Expenses $37,917
TOTAL EXPENSES $131,684

Year-over-Year Comparison

2024 2023 Change
Revenue $207,712 N/A N/A
Expenses $131,684 N/A N/A
Net Income $76,028 N/A N/A
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

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Governance

Voting Members
8
Independent Members
N/A
Employees
N/A
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
8
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIBBY CANDLER BOARD MEMBER 1.00
Director
$0 $0 $0
ANN DALBY BOARD MEMBER 1.00
Director
$0 $0 $0
DENISE DEANE BOARD MEMBER 1.00
Director
$0 $0 $0
ELLEN DURAND BOARD MEMBER 1.00
Director
$0 $0 $0
HADLEY FRENCH BOARD MEMBER 1.00
Director
$0 $0 $0
PAIGE GEORGE BOARD MEMBER 1.00
Director
$0 $0 $0
ROBIN HELLER BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGIANN HENRITZY BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA HUEBNER BOARD MEMBER 1.00
Director
$0 $0 $0
JEANIE HULL BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTTIE KNIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTIE SCOGGIN BOARD MEMBER 1.00
Director
$0 $0 $0
NANCY SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
ANNE STAFFORD BOARD MEMBER 1.00
Director
$0 $0 $0
SONYA ACKMAN RECORDING SE 1.00
Officer
$0 $0 $0
ELIZABETH CONNORS PRESIDENT 6.00
Officer
$0 $0 $0
CRISTINA GARBERDING V.P. ADMIN 1.00
Officer
$0 $0 $0
MELISSA MACFARLANE TREASURER 1.00
Officer
$0 $0 $0
KRISTEN VAN PELT V.P. 4.00
Officer
$0 $0 $0
EMILY TENNYSON CORRESPONDIN 1.00
Officer
$0 $0 $0
LAURA WHOLIHAN ASST. RECORD 2.00
Officer
$0 $0 $0
LAURA WYSOCKI TREASURER 1.00
Officer
$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 $207,712 $131,684 $156,849 $76,028
2022 $84,905 $136,564 $75,027 $-51,659
2021 $172,292 $126,567 $126,719 $45,725
2020 $146,483 $96,969 $81,152 $49,514
2019 $110,889 $108,685 $31,638 $2,204
2018 $70,388 $98,018 $29,434 $-27,630
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