CENTRAL MONTCALM COMMUNITY FOUNDAT… - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

GINGER GURECKI

Phone

9892892312

Tax Period

2024-01-01 to 2024-12-31

CENTRAL MONTCALM COMMUNITY FOUNDATION, founded in 1992, is a small nonprofit in the Education sector that reported $395K in total revenue in fiscal year 2024. Revenue surged 171% from the prior year, signaling strong growth momentum. The organization ran a surplus of $186K, a strong 47% operating margin.

Mission

THE CENTRAL MONTCALM COMMUNITY FOUNDATION'S MISSION IS TO ENHANCE THE QUALITY OF LIFE IN THE CENTRAL MONTCALM AREA THROUGH GRANTS FUNDED BY THE ANNUAL EARNINGS GENERATED FROM THE GIFTS, BEQUESTS AND ESTATES CONTRIBUTED AS ENDOWMENTS. WITH THE ANNUAL EARNINGS FROM THESE PERMANENT ENDOWMENTS, MANY AGENCIES, INSTITUTIOSN AND CHARITABLE ORGANIZATIONS HAVE AND WILL BE ABLE TO SUPPORT PROGRMAS FOR THE LONG TERM BENEFIT OF CENTRALM MONTCALM RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $24,557

SCHOLARSHIPS - TO PROVIDE COLLEGE SCHOLARSHIPS TO CENTRAL MONTCALM COMMUNITY STUDENTS.

Program 2

Expenses: $164,995

SUPPORT CHARITABLE, PHILANTHROPIC, EDUCATIONAL, LITERARY, ARTISTIC OR SCIENTIFIC UNDERTAKINGS IN THE MONTCALM COUNTY, MICHIGAN AREA.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,054

Program Service Revenue $0

Investment Income $83,498

Other Revenue $35,438

TOTAL REVENUE $394,990

Expense Breakdown

Grants Paid $189,552

Salaries & Benefits $12,918

Fundraising Expenses $0

Program Expenses $189,552

Other Expenses $6,097

TOTAL EXPENSES $208,567

Year-over-Year Comparison

	2024	2023	Change
Revenue	$394,990	$145,859	+1.7%
Expenses	$208,567	$82,503	+1.5%
Net Income	$186,423	$63,356	+1.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GINGER GURECKI	PRESIDENT	N/A	Officer Director	$0	$0	$0
CURTIS HOLT	DIRECTOR	N/A	Director	$0	$0	$0
HEATHER JACOBY	DIRECTOR	N/A	Director	$0	$0	$0
MARTY JAMES	DIRECTOR	N/A	Director	$0	$0	$0
BILL SIMPSON JR	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
SUE KEARNEY	DIRECTOR	N/A	Director	$0	$0	$0
TIFFANY KOHN	DIRECTOR	N/A	Director	$0	$0	$0
AMY MEINHARDT	DIRECTOR	N/A	Director	$0	$0	$0
MARY MIEL	SECRETARY	N/A	Officer Director	$0	$0	$0
DOUG SEYMOUR	TREASURER	N/A	Officer Director	$0	$0	$0
KRISTY THWAITES	DIRECTOR	N/A	Director	$0	$0	$0
DEBRA THOMSEN	DIRECTOR	N/A	Director	$0	$0	$0
JENI WILLIAMS	DIRECTOR	N/A	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	$394,990	$208,567	$2,269,086	$186,423
2023	$145,859	$82,503	$2,058,270	$63,356
2022	$154,137	$77,366	$1,955,813	$76,771
2021	$262,554	$61,954	$1,989,322	$200,600
2020	$174,449	$64,456	$1,785,212	$109,993
2019	$164,904	$55,830	$1,651,855	$109,074
2018	$145,666	$72,293	$1,461,628	$73,373

CENTRAL MONTCALM COMMUNITY FOUNDATION