Elk Rapids, MI
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)CHALFONTE FOUNDATION, founded in 2000, is a small nonprofit in the Human Services sector that reported $254K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $227K left a modest 11% surplus.
The mission of the Chalfonte Foundation is to provide spiritual, psychosocial, recreational, financial and educational support for children, youth, families, and their communities in need.
Children and Communities Initiative: 1. Chalfonte House - Provided accommodations for families, children and groups to participate in retreats and activities in Elk Rapids, Michigan. 2. Activities in...
Children and Communities Initiative: 1. Chalfonte House - Provided accommodations for families, children and groups to participate in retreats and activities in Elk Rapids, Michigan. 2. Activities in Detroit included educational movie nights, activities around major events such as the Detroit Thanksgiving Day Parade; museum tours, visits to parks and playgrounds.
Arts and Culture: 1. Visual and Performing Arts - Plan, produce, and present cultural arts programming for children, youth, families and community members. The program involves hosting exhibitions...
Arts and Culture: 1. Visual and Performing Arts - Plan, produce, and present cultural arts programming for children, youth, families and community members. The program involves hosting exhibitions, lectures, concerts, arts and crafts classes and activities, and visits to museums and cultural events. 2. Cinematic Arts - New to the organization since acquiring a historic 300 seat cinema, presenting exhibitions of contemporary and classic films, student film festivals, and works by independent film makers.
Broadcast Media Arts - 1. Produced live internet based television broadcasts of concerts and performances at the Chalfonte Theatre. 2. Began broadcasting on a new FCC licensed low power community...
Broadcast Media Arts - 1. Produced live internet based television broadcasts of concerts and performances at the Chalfonte Theatre. 2. Began broadcasting on a new FCC licensed low power community radio station at 99.7 on the FM dial in Elk Rapids, MI. This program includes 10 adult radio DJs and 4 youth DJ interns ages 10 to 17. The radio station broadcasts music from local, national, and international artists and provides public service announcements for local nonprofits and community centers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $254,444 | $375,723 | -0.3% |
| Expenses | $226,842 | $300,131 | -0.2% |
| Net Income | $27,602 | $75,592 | -0.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Aaron Timlin | CEO/President | 80 |
Officer
Director
Key Emp
|
$0 | $24,000 | $24,000 |
| Bri Hayes | Vice President | 20 |
Officer
Director
Key Emp
|
$14,585 | $8,000 | $22,585 |
| Miles Rose | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Kaylee Ross | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Yesmeen Mikhail | Independent Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $254,444 | $226,842 | $1,232,958 | $27,602 |
| 2023 | $375,723 | $300,131 | $1,200,677 | $75,592 |
| 2022 | $194,895 | $82,481 | $983,642 | $112,414 |
| 2021 | $139,270 | $101,916 | $880,380 | $37,354 |
Compare CHALFONTE FOUNDATION with other nonprofits in Michigan and across the country.