PETOSKEY, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION, founded in 1991, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.1M in total revenue in fiscal year 2024. Expenses of $7.9M left a modest 13% surplus.
THE COMMUNITY FOUNDATION IS MADE UP OF AN EVER-GROWING FAMILY OF FUNDS. EACH ONE IS ESTABLISHED BY AN INDIVIDUAL, FAMILY, OR ORGANIZATION TO CARRY OUT CHARITABLE WORKS AND LEAVE A LASTING LEGACY.
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 | $9,074,377 | $9,300,684 | 0.0% |
| Expenses | $7,905,984 | $9,217,826 | -0.1% |
| Net Income | $1,168,393 | $82,858 | +13.1% |
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 |
|---|---|---|---|---|---|---|
| JANET M MANCINELLI | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT E KEEDY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY E RAPIN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CLAIRE FORSTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER H ATTIE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| EMERSON J MEYER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| COURTNEY FONT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM HENAGAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUG LARSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID DEAL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NORA RILEY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DANA F ANDREWS | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN L BOECKMAN | VICE PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA A NGUYEN | TREASURER | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH L SHUMAN | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID JONES | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$124,650 | $10,017 | $134,667 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,074,377 | $7,905,984 | $61,985,629 | $1,168,393 |
| 2024 | $9,300,684 | $9,217,826 | $61,226,065 | $82,858 |
| 2023 | $8,085,618 | $6,342,237 | $55,398,624 | $1,743,381 |
| 2022 | $7,516,964 | $4,261,148 | $56,667,644 | $3,255,816 |
| 2021 | $6,225,556 | $4,510,491 | $56,212,807 | $1,715,065 |
| 2020 | $5,190,171 | $3,783,176 | $39,491,856 | $1,406,995 |
| 2019 | $6,162,966 | $3,342,133 | $44,140,143 | $2,820,833 |
Compare PETOSKEY-HARBOR SPRINGS AREA COMMUNITY FOUNDATION with other nonprofits in Michigan and across the country.