Sterling Heights Lions Charities Inc (EIN 383559232) - 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

1970

Legal Domicile

Principal Officer

Joseph Welsh

Phone

5862549433

Tax Period

2024-07-01 to 2025-06-30

Sterling Heights Lions Charities Inc, founded in 1970, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $167K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 26% operating margin.

Mission

Sight Hearing Diabetes and Hunger Charities

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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 $166,897

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $166,897

Expense Breakdown

Grants Paid $48,849

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $124,338

Other Expenses $75,489

TOTAL EXPENSES $124,338

Year-over-Year Comparison

	2024	2023	Change
Revenue	$166,897	$127,113	+0.3%
Expenses	$124,338	$130,650	0.0%
Net Income	$42,559	$-3,537	-13.0%

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
Joseph Welsh	President - Treasurer	30.00	Director	$0	$0	$0
James Oak	1st Vice President	20.00	Director	$0	$0	$0
Joseph Croke	2nd Vice President	20.00	Director	$0	$0	$0
Dawn DeClark	3rd Vice President	20.00	Director	$0	$0	$0
Louise Fragnoli	Secretary	20.00	Director	$0	$0	$0
Elaine Ventura	Membership Chairperson	20.00	Director	$0	$0	$0
Dr Mary Welsh	Immediate Past President	20.00	Director	$0	$0	$0
Dr Gary Ciolek	Director	20.00	Director	$0	$0	$0
Ken Sharp	Director	20.00	Director	$0	$0	$0
Robert McAllister	Director	20.00	Director	$0	$0	$0
Karleen Sinelli	Director	20.00	Director	$0	$0	$0
Lynne Karnes	Director	20.00	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
2025	$166,897	$124,338	$42,848	$42,559
2024	$127,113	$130,650	$43,177	$-3,537
2023	$40,354	$32,992	$33,276	$7,362
2022	$84,679	$57,830	$35,646	$26,849
2021	$34,788	$38,146	$8,797	$-3,358
2020	$21,725	$24,046	$12,155	$-2,321
2019	$27,568	$25,229	$14,476	$2,339

Sterling Heights Lions Charities Inc