WOLVERINE HOOSIER ATHLETIC CONFERENCE INC

EIN: 383067498 501(c)(3) Education

Grand Rapids, MI

Total Revenue
$377,035
Total Expenses
$360,215
Total Assets
$77,847
Net Assets
$77,847
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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
1995
Legal Domicile
MI
Principal Officer
Eric Ward
Phone
6164306907
Tax Period
2023-07-01 to 2024-06-30

WOLVERINE HOOSIER ATHLETIC CONFERENCE INC, founded in 1995, is a small nonprofit in the Education sector that reported $377K in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $360K left a modest 4% surplus.

Mission

To promote intercollegiate athletics in a well-rounded athletics program, maintain high academic and athletic standards, maintain moral ideals and promote positive relationships among member schools

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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 $254,054
Program Service Revenue $121,716
Investment Income $1,265
Other Revenue $0
TOTAL REVENUE $377,035

Expense Breakdown

Grants Paid $0
Salaries & Benefits $167,443
Fundraising Expenses $0
Program Expenses $347,525
Other Expenses $192,772
TOTAL EXPENSES $360,215

Year-over-Year Comparison

2023 2022 Change
Revenue $377,035 $255,839 +0.5%
Expenses $360,215 $298,921 +0.2%
Net Income $16,820 $-43,082 -1.4%
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
12
Independent Members
12
Employees
2
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
2
$114,773
Total Directors
12
$0
Key Employees
2
$144,221
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Ward Commissioner 40
Officer Key Emp Highest
$114,773 $0 $114,773
Lawrence Bos Elig Off/Treasurer/Assist Commissioner 20
Key Emp
$29,448 $0 $29,448
Gerson Moreno-Riano Director 0.5
Director
$0 $0 $0
Sr Peg Albert Director 0.5
Director
$0 $0 $0
Alicia Cordoba Director 0.5
Director
$0 $0 $0
Christopher Dougherty Director 0.5
Director
$0 $0 $0
Domenico Grasso Director 0.5
Director
$0 $0 $0
Karl Einolf Director/President 2
Officer Director
$0 $0 $0
Ryan Petersen Director 0.5
Director
$0 $0 $0
Jeffery A Jarvis Director 0.5
Director
$0 $0 $0
William Bisset Director 0.5
Director
$0 $0 $0
Tarek Sobh Director 0.5
Director
$0 $0 $0
Alan Drimmer Director 0.5
Director
$0 $0 $0
Brian Stogner Director 0.5
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
2025 No data No data No data No data
2024 $377,035 $360,215 $77,847 $16,820
2023 $255,839 $298,921 $61,027 $-43,082
2022 $250,467 $256,615 $104,109 $-6,148
2021 $269,948 $236,122 $110,257 $33,826
2020 $218,885 $210,192 $76,431 $8,693
2019 $208,086 $218,203 $67,738 $-10,117
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