MUSKEGON BIG RED ATHLETIC FOUNDATIO

EIN: 383056451 501(c)(3)

MUSKEGON, MI

Total Revenue
$112,239
Total Expenses
$105,585
Total Assets
$44,611
Net Assets
$37,220
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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
1980
Legal Domicile
MI
Principal Officer
TERRI CLOCK
Phone
2317590026
Tax Period
2023-07-01 to 2024-06-30

MUSKEGON BIG RED ATHLETIC FOUNDATIO, founded in 1980, is a small nonprofit that reported $112K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $106K left a modest 6% surplus.

Mission

THE ORGANIZATION IS BUILT TO COMPLEMENT AND SUPPLEMENT ALL THE PROGRAMS OF THE ATHLETIC DEPARTMENT OF MUSKEGON PUBLIC SCHOOLS AS WELL AS PROVIDE SCHOLARSHIPS FOR SENIORS GRADUATING FROM MUSKEGON HIGH SCHOOL. WE WORK TO MEET THE FINANCIAL NEEDS OF MUSKEGON STUDENT ATHLETES AND THE DISTRICT'S COACHES ACROSS ALL SPORTS. TODAY, THE FOUNDATION HELPS THE ATHLETIC DEPARTMENT SUPPORT BOTH BOYS AND GIRLS TEAMS IN 26 SPORTS AT THREE LEVELS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $109,828
Program Service Revenue $0
Investment Income $4
Other Revenue $2,407
TOTAL REVENUE $112,239

Expense Breakdown

Grants Paid $97,036
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $97,116
Other Expenses $8,549
TOTAL EXPENSES $105,585

Year-over-Year Comparison

2023 2022 Change
Revenue $112,239 $65,336 +0.7%
Expenses $105,585 $100,827 +0.0%
Net Income $6,654 $-35,491 -1.2%
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

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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
20
Independent Members
16
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERRI CLOCK PRESIDENT 1.00
Officer Director
$0 $0 $0
TONY WILLIAMS VICE PRESIDE 1.00
Officer Director
$0 $0 $0
BILL O'BRIEN TREASURER 1.00
Officer Director
$0 $0 $0
JIM DEVRIES SECRETARY 1.00
Officer Director
$0 $0 $0
SANDRA BOONE BOARD MEMBER 1.00
Director
$0 $0 $0
CARRIE ERNVALL-CHASE BOARD MEMBER 2.00
Director
$0 $0 $0
BOB EACKER BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA FORDHAM BOARD MEMBER 2.00
Director
$0 $0 $0
DAN GRAMS BOARD MEMBER 1.00
Director
$0 $0 $0
KEITH GUY BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE HAWKINS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN KING BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID KORTERING BOARD MEMBER 1.00
Director
$0 $0 $0
BILL MANN BOARD MEMBER 1.00
Director
$0 $0 $0
RON MANN BOARD MEMBER 1.00
Director
$0 $0 $0
DERRICK MCDANIEL BOARD MEMBER 1.00
Director
$0 $0 $0
JIM MCTAGGART BOARD MEMBER 1.00
Director
$0 $0 $0
AL MELL BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID PAULSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN USMIAL BOARD MEMBER 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
2024 $112,239 $105,585 $44,611 $6,654
2023 $65,336 $100,827 $35,739 $-35,491
2022 $213,981 $220,136 $67,920 $-6,155
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