THE GROSSE POINTE BOARD OF REALTORS

EIN: 382672315 Housing & Shelter

GROSSE POINTE, MI

Total Revenue
$514,904
Total Expenses
$490,496
Total Assets
$533,541
Net Assets
$132,563
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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
MI
Phone
3138828000
Tax Period
2024-01-01 to 2024-12-31

THE GROSSE POINTE BOARD OF REALTORS, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $515K in total revenue in fiscal year 2024. Expenses of $490K left a modest 5% surplus.

Mission

Assist members in reaching their goals by providing professional services and education to our members and to the public, to ensure high ethical standards, and to promote community awareness of real property issues and equal opportunity in housing.

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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 $157,278
Program Service Revenue $356,797
Investment Income $829
Other Revenue $0
TOTAL REVENUE $514,904

Expense Breakdown

Grants Paid $0
Salaries & Benefits $301,056
Fundraising Expenses $0
Program Expenses $0
Other Expenses $189,440
TOTAL EXPENSES $490,496

Year-over-Year Comparison

2024 2023 Change
Revenue $514,904 N/A N/A
Expenses $490,496 N/A N/A
Net Income $24,408 $0 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
17
Independent Members
16
Employees
4
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A Executive Director 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 $514,904 $490,496 $533,541 $24,408
2023 $443,029 $408,279 $402,585 $34,750
2021 $381,356 $383,752 $172,805 $-2,396
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