GROSSE POINTE ANIMAL ADOPTION SOCIETY

EIN: 383347320 501(c)(3) Animal-Related

GROSSE POINTE FARMS, MI

Total Revenue
$439,737
Total Expenses
$487,318
Total Assets
$2,246,698
Net Assets
$2,227,766
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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
1997
Legal Domicile
MI
Principal Officer
CORINNE MARTIN
Phone
3138841551
Tax Period
2023-01-01 to 2023-12-31

GROSSE POINTE ANIMAL ADOPTION SOCIETY, founded in 1997, is a small nonprofit in the Animal-Related sector that reported $440K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $487K exceeded revenue, resulting in a 11% operating deficit.

Mission

SERVING THE GROSSE POINTES AND NEIGHBORING COMMUNITIES AS A FOSTER BASED, NON-EUTHANASIA ORGANIZATION THAT FINDS SUITABLE HOMES FOR INDOOR COMPANION ANIMALS THAT HAVE BEEN LOST OR ABANDONED.

Program Service Accomplishments

Program 1
Expenses: $319,618 Revenue: $57,547

THE ORGANIZATION SAVES, CARES FOR AND PLACES LOST, ABANDONED AND ABUSED ANIMALS WITH NUMEROUS INDIVIDUALS SEEKING TO ADOPT AND CARE FOR THE ANIMALS. THE ORGANIZATION PLACED OVER 10,000 ANIMALS IN...

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THE ORGANIZATION SAVES, CARES FOR AND PLACES LOST, ABANDONED AND ABUSED ANIMALS WITH NUMEROUS INDIVIDUALS SEEKING TO ADOPT AND CARE FOR THE ANIMALS. THE ORGANIZATION PLACED OVER 10,000 ANIMALS IN CARING HOMES IN THE COMMUNITY.

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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 $349,863
Program Service Revenue $57,547
Investment Income $31,784
Other Revenue $543
TOTAL REVENUE $439,737

Expense Breakdown

Grants Paid $0
Salaries & Benefits $221,896
Fundraising Expenses $22,190
Program Expenses $319,618
Other Expenses $265,422
TOTAL EXPENSES $487,318

Year-over-Year Comparison

2023 2022 Change
Revenue $439,737 $388,253 +0.1%
Expenses $487,318 $493,039 0.0%
Net Income $-47,581 $-104,786 -0.5%
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
7
Independent Members
5
Employees
22
Volunteers
75

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
$59,690
Total Directors
10
$59,690
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CORINNE MARTIN PRESIDENT 40.00
Officer Director
$52,928 $0 $52,928
TERRI LLOYD VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GAIL JARVIS SECRETARY 4.00
Officer Director
$6,762 $0 $6,762
EMILY SIMAIKA TREASURER 1.00
Officer Director
$0 $0 $0
CONNIE PARMENTER DIRECTOR 2.00
Director
$0 $0 $0
PENNY SAUVE DIRECTOR 2.00
Director
$0 $0 $0
DON LINDOW DIRECTOR 0.00
Director
$0 $0 $0
WILLIAM GOUGH DIRECTOR 1.00
Director
$0 $0 $0
LYNN SCHNEIDER DIRECTOR 4.00
Director
$0 $0 $0
ANTHONY CHUBB DIRECTOR 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 No data No data No data No data
2023 $439,737 $487,318 $2,246,698 $-47,581
2022 $388,253 $493,039 $2,372,058 $-104,786
2021 $1,558,645 $436,336 $2,458,200 $1,122,309
2020 $615,345 $593,911 $1,332,959 $21,434
2020 $648,780 $573,103 $1,393,529 $75,677
2019 $714,263 $326,885 $1,142,884 $387,378
2018 $694,676 $367,515 $639,780 $327,161
2018 $691,627 $389,505 $654,751 $302,122
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