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.
RECEIVE AND DISTRIBUTE FUNDS FOR SCHOLARSHIPS AND SUPPORT FOR EDUCATIONAL ACTIVITIES
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.