THE GREAT LAKES FRUIT VEGETABLE AND FARM MARKET EXPOSITION INC (EIN 383595095) - 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

2001

Legal Domicile

Principal Officer

HAILEE LEITZ

Phone

2693256310

Tax Period

2024-03-01 to 2025-02-28

THE GREAT LAKES FRUIT VEGETABLE AND FARM MARKET EXPOSITION INC, founded in 2001, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE ORGANIZATION IS TO ENGAGE IN THE EDUCATION, PROMOTION, AND DISSEMINATION OF INFORMATION PERTAINING TO THE FRUIT AND VEGETABLE INDUSTRY IN THE STATE OF MICHIGAN.

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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 $77,131

Program Service Revenue $1,172,608

Investment Income $3,664

Other Revenue $0

TOTAL REVENUE $1,253,403

Expense Breakdown

Grants Paid $408,928

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $845,002

TOTAL EXPENSES $1,253,930

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,253,403	$1,213,806	+0.0%
Expenses	$1,253,930	$1,188,104	+0.1%
Net Income	$-527	$25,702	-1.0%

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

$525

Total Directors

$300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE RASCH	DIRECTOR	1.00	Director	$150	$0	$150
KRISTIN SEKENSKE	DIRECTOR	1.00	Director	$150	$0	$150
BETH HUBBARD	SECRETARY	1.00	Officer	$150	$0	$150
HAILEE LEITZ	TREASURER	1.00	Officer	$150	$0	$150
AARON MOLTER	VICE PRESIDE	1.00	Officer	$150	$0	$150
ADAM VANDYK	PRESIDENT	1.00	Officer	$75	$0	$75

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	$1,253,403	$1,253,930	$125,346	$-527
2024	$1,213,806	$1,188,104	$125,873	$25,702
2023	$979,857	$980,175	$100,171	$-318
2022	$756,566	$760,285	$100,489	$-3,719
2021	$322,757	$243,570	$104,208	$79,187
2020	$1,051,369	$1,051,363	$25,021	$6
2019	$1,022,362	$1,021,892	$25,015	$470

THE GREAT LAKES FRUIT VEGETABLE AND FARM MARKET EXPOSITION INC