MACOMB COUNTY INTERFAITH VOLUNTEER CAREGIVERS

EIN: 383180665 501(c)(3) Human Services

Roseville, MI

Total Revenue
$602,100
Total Expenses
$570,546
Total Assets
$407,476
Net Assets
$366,896
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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
1994
Legal Domicile
MI
Principal Officer
Karyn Dombrowski Curro
Phone
5867575551
Tax Period
2023-10-01 to 2024-09-30

MACOMB COUNTY INTERFAITH VOLUNTEER CAREGIVERS, founded in 1994, is a small nonprofit in the Human Services sector that reported $602K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $571K left a modest 5% surplus.

Mission

IVC provides a variety of support to older and disabled adults who are struggling to remain safe and independent in their own homes, through a dedicated team of vetted, trained and supported volunteers.

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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 $578,721
Program Service Revenue $0
Investment Income $0
Other Revenue $23,379
TOTAL REVENUE $602,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $417,977
Fundraising Expenses $0
Program Expenses $570,546
Other Expenses $152,569
TOTAL EXPENSES $570,546

Year-over-Year Comparison

2023 2022 Change
Revenue $602,100 $504,621 +0.2%
Expenses $570,546 $530,469 +0.1%
Net Income $31,554 $-25,848 -2.2%
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

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
3
Independent Members
3
Employees
23
Volunteers
528

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
0
$0
Total Directors
3
$75,317
Key Employees
1
$75,317
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karyn Dombrowski Curro Executive Director 55
Director Key Emp
$75,317 $0 $75,317
Cathy Lawson Board President & Secretary 2
Director
$0 $0 $0
Jean Julian Board Member 1
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 $602,100 $570,546 $407,476 $31,554
2023 $504,621 $530,469 $294,957 $-25,848
2022 $460,269 $425,978 $414,737 $34,291
2021 $388,848 $342,950 $411,537 $45,898
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