PAINESDALE, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ADAMS TWP SCHOOL DISTRICT FOUNDATION INC, founded in 2000, is a small nonprofit in the Education sector that reported $172K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $215K exceeded revenue, resulting in a 25% operating deficit.
ASSIST IN THE DEVELOPMENT, IMPLEMENTATION, OR MAINTENANCE OF EDUCATIONAL PROGRAMS WHICH SIGNIFICANTLY CONTRIBUTE TO THE EDUCATION OF STUDENTS IN THE ADAMS TOWNSHIP SCHOOL DISTRICT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $172,141 | $382,450 | -0.5% |
| Expenses | $214,708 | $153,396 | +0.4% |
| Net Income | $-42,567 | $229,054 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GREG SEPPANEN | CO PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVE SABATINI | CO PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATTHEW LUTZ | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM KETERI | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREW LORENZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KARI SLOAT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JAY RUOHONEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS ISKRA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WES FRAHM | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW RANDELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL KORPLEA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RAY BOSLEY JR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $172,141 | $214,708 | $2,125,636 | $-42,567 |
| 2024 | $382,450 | $153,396 | $2,168,203 | $229,054 |
| 2023 | $173,527 | $111,831 | $1,939,149 | $61,696 |
| 2022 | $177,033 | $136,434 | $1,877,453 | $40,599 |
| 2021 | $316,055 | $133,270 | $1,836,854 | $182,785 |
| 2020 | $106,527 | $172,234 | $1,654,069 | $-65,707 |
| 2019 | $183,666 | $119,283 | $1,719,776 | $64,383 |
| 2018 | $123,054 | $301,820 | $1,655,393 | $-178,766 |
Compare ADAMS TWP SCHOOL DISTRICT FOUNDATION INC with other nonprofits in Michigan and across the country.