REBUILDING TOGETHER SOUTHEAST MICH… - 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

1993

Legal Domicile

Principal Officer

DARLENE OLESKIK

Phone

2484828061

Tax Period

2025-09-01 to 2026-05-31

REBUILDING TOGETHER SOUTHEAST MICHIGAN INC, founded in 1993, is a micro nonprofit in the Housing & Shelter sector that reported $47K in total revenue in fiscal year 2025. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $324K exceeded revenue, resulting in a 595% operating deficit.

Mission

PRESERVING AND REVITALIZING HOUSES AND COMMUNITIES IN SOUTHEAST MICHIGAN FROM ELDERLY AND DISABLED FAMILIES WITH CHILDREN TO LIVE IN WARMTH, SAFETY AND INDEPENDENCE

Program Service Accomplishments

Program 1

Expenses: $272,446

PRESERVE AND REVITALIZE HOUSES, ASSURING THAT LOW INCOME HOME OWNERS IN SOUTHEAST MICHIGAN, LIVE IN WARMTH AND SAFETY. FOR THE CURRENT YEAR THE ORGANIZATION COMPLETED 11 PROJECTS

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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 (2025)

Revenue Breakdown

Contributions & Grants $46,669

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $46,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,306

Fundraising Expenses $25,945

Program Expenses $272,446

Other Expenses $290,034

TOTAL EXPENSES $324,340

Year-over-Year Comparison

	2025	2024	Change
Revenue	$46,669	$323,798	-0.9%
Expenses	$324,340	$171,245	+0.9%
Net Income	$-277,671	$152,553	-2.8%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK FITZGERALD	DIRECTOR	1.00	Director	$0	$0	$0
FRANK REID	DIRECTOR	1.00	Director	$0	$0	$0
WILL FOGLE	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY SIMPSON	DIRECTOR	1.00	Officer Director	$0	$0	$0
TIM MACGUIRE	DIRECTOR	1.00	Director	$0	$0	$0
BRUNO CHAPOUTOT	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA SOLECKI	DIRECTOR	0.00	Director	$0	$0	$0
LEN KRICHKO	EXECUTIVE DIRECTOR	30.00	Key Emp	$0	$0	$0
DARLENE OLESKIK	PRESIDENT	1.00	Officer	$0	$0	$0
BLAIR OSBORN	TREASURER	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
2026	$46,669	$324,340	No data	$-277,671
2025	$323,798	$171,245	$296,600	$152,553
2024	$335,511	$232,214	$145,810	$103,297
2023	$158,926	$191,765	$73,934	$-32,839
2022	$164,683	$234,404	$88,941	$-69,721
2022	$175,206	$220,917	$99,965	$-45,711
2021	$617,258	$445,106	$171,122	$172,152
2020	$281,066	$376,621	$31,448	$-95,555
2019	$599,929	$591,171	$105,968	$8,758

REBUILDING TOGETHER SOUTHEAST MICHIGAN INC