CHAS HACKLEY FBO MUSKEGON PUBLIC SCHOOLS (EIN 386051400) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1906

Legal Domicile

Phone

5135345310

Tax Period

2023-07-01 to 2024-06-30

CHAS HACKLEY FBO MUSKEGON PUBLIC SCHOOLS, founded in 1906, is a small nonprofit in the Education sector that reported $249K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $412K exceeded revenue, resulting in a 66% operating deficit.

Mission

TRUST ASSETS ARE INVESTED TO PROMOTE INCOME TO BE DISTRIBUTED TO THE CHARITIES NAMED IN THE GOVERNING INSTRUMENT.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $248,691

Other Revenue $0

TOTAL REVENUE $248,691

Expense Breakdown

Grants Paid $355,505

Salaries & Benefits $53,639

Fundraising Expenses $0

Program Expenses $363,551

Other Expenses $2,879

TOTAL EXPENSES $412,023

Year-over-Year Comparison

	2023	2022	Change
Revenue	$248,691	$195,619	+0.3%
Expenses	$412,023	$477,675	-0.1%
Net Income	$-163,332	$-282,056	-0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Governance

Voting Members

Independent Members

N/A

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
FIFTH THIRD BANK N A	TRUSTEE	1.0		$53,639	$0	$53,639

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	No data	No data	No data	No data
2024	$248,691	$412,023	$2,800,955	$-163,332
2023	$195,619	$477,675	$2,964,293	$-282,056
2022	$285,273	$595,181	$3,246,345	$-309,908
2021	$359,589	$373,294	$3,556,263	$-13,705

CHAS HACKLEY FBO MUSKEGON PUBLIC SCHOOLS