UNIVERSITY OF MICHIGAN CLUB OF GREATER DETROIT SCHOLARSHIP FUND (EIN 386060465) - 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

1957

Legal Domicile

Principal Officer

LARRY GRAJEWSKI

Phone

7348824626

Tax Period

2024-01-01 to 2024-12-31

UNIVERSITY OF MICHIGAN CLUB OF GREATER DETROIT SCHOLARSHIP FUND, founded in 1957, is a small nonprofit in the Education sector that reported $216K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $35K, a strong 16% operating margin.

Mission

SUPPORTING ORGANIZATION

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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 $45,243

Program Service Revenue $0

Investment Income $169,888

Other Revenue $975

TOTAL REVENUE $216,106

Expense Breakdown

Grants Paid $174,999

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $181,174

Other Expenses $6,260

TOTAL EXPENSES $181,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,106	$191,391	+0.1%
Expenses	$181,259	$72,422	+1.5%
Net Income	$34,847	$118,969	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES H LOPRETE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROGER SIMMONS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEANETTE SCHUMACHER	SECRETARY	1.00	Officer Director	$0	$0	$0
LAWRENCE J GRAJEWSKI	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISDON F ROSSI	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL SANTICCHIA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JARED BUCKLEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0

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
2024	$216,106	$181,259	$4,629,347	$34,847
2023	$191,391	$72,422	$4,351,893	$118,969
2022	$153,749	$121,721	$4,124,636	$32,028
2021	$181,863	$191,716	$4,306,335	$-9,853
2020	$175,195	$88,257	$3,452,317	$86,938
2019	$154,566	$81,142	$3,154,273	$73,424
2018	$168,043	$99,489	$2,905,626	$68,554

UNIVERSITY OF MICHIGAN CLUB OF GREATER DETROIT SCHOLARSHIP FUND