DETROIT ATHLETIC CLUB FOUNDATION (EIN 383479236) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

MATTHEW PAPPAS

Phone

3139639200

Tax Period

2023-01-01 to 2023-12-31

DETROIT ATHLETIC CLUB FOUNDATION, founded in 1999, is a small nonprofit in the Education sector that reported $521K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $499K left a modest 4% surplus.

Mission

TO RAISE AND EXPEND FUNDS FOR THE BEAUTIFICATION, SUPPORT OF PROGRAMS FOR PUBLIC SAFETY, AND IMPROVEMENT OF DETROIT, MICHIGAN AND SOUTHEASTERN MICHIGAN. TO RAISE AND EXPEND FUNDS FOR THE AWARD OF SCHOLARSHIPS AND THE PROMOTION OF ACADEMIC AND ATHLETIC ACHIEVEMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $726,486

Program Service Revenue $0

Investment Income $-190,070

Other Revenue $-15,160

TOTAL REVENUE $521,256

Expense Breakdown

Grants Paid $352,526

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $428,472

Other Expenses $146,003

TOTAL EXPENSES $498,529

Year-over-Year Comparison

	2023	2022	Change
Revenue	$521,256	$821,319	-0.4%
Expenses	$498,529	$386,824	+0.3%
Net Income	$22,727	$434,495	-0.9%

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

N/A

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

$1,305,419

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW PAPPAS	PRESIDENT	1.00	Officer Director	$0	$0	$0
LORNA UTLEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BLAKE ELLIS	TREASURER	1.00	Officer Director	$0	$0	$0
RONALD GANTNER	SECRETARY	1.00	Officer Director	$0	$0	$0
MELINDA CONWAY CALLAHAN	DIRECTOR	1.00	Director	$0	$0	$0
EHRLICH CRAIN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN DEMKOWICZ	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DEVINE	DIRECTOR	1.00	Director	$0	$0	$0
DAVID FISHER	DIRECTOR	1.00	Director	$0	$0	$0
VITO GIOIA II	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS KRIZANIC	DIRECTOR	1.00	Director	$0	$0	$0
DERRON SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID PROVOST	DIRECTOR	1.00	Director	$0	$0	$0
GENE LOVASCO	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE BABIARZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN DAVID	DIRECTOR	1.00	Director	$0	$0	$0
GRETCHEN DOYLE	DIRECTOR	1.00	Director	$0	$0	$0
SHANE HENRY	DIRECTOR	1.00	Director	$0	$0	$0
GENEVA WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES JOHNSON	DAC EXECUTIVE MANAGER	1.00	Officer	$0	$37,489	$649,232
AARON LACKEY	ASST TREASURER	1.00	Officer	$0	$28,636	$380,217
JANE JUSCYZK	DAC ASSISTANT SECRETARY	1.00	Officer	$0	$19,814	$144,880
NANCY MAIER	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$131,090

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	$521,256	$498,529	$5,448,463	$22,727
2022	$821,319	$386,824	$5,139,136	$434,495
2021	$947,497	$303,471	$5,053,098	$644,026
2020	$429,232	$180,494	$4,354,680	$248,738
2019	$690,843	$332,490	$4,024,300	$358,353
2018	$514,014	$289,855	$3,579,193	$224,159

DETROIT ATHLETIC CLUB FOUNDATION