DEARBORN GOODFELLOWS INC (EIN 386087979) - 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

1938

Legal Domicile

Principal Officer

KARL L FAVA

Phone

3135877952

Tax Period

2024-04-01 to 2025-03-31

DEARBORN GOODFELLOWS INC, founded in 1938, is a small nonprofit in the Unknown sector that reported $224K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $107K, a strong 48% operating margin.

Mission

TO PROVIDE CLOTHING, CHILDREN'S GIFTS, FOOD, ETC... TO UNDERPRIVILEGED FAMILIES IN THE DEARBORN, MICHIGAN AREA.

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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 $60,420

Program Service Revenue $0

Investment Income $97,301

Other Revenue $66,162

TOTAL REVENUE $223,883

Expense Breakdown

Grants Paid $106,937

Salaries & Benefits $0

Fundraising Expenses $1,137

Program Expenses $106,937

Other Expenses $10,109

TOTAL EXPENSES $117,046

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,883	$330,325	-0.3%
Expenses	$117,046	$101,814	+0.1%
Net Income	$106,837	$228,511	-0.5%

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

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
GARY KUHLMANN	DIRECTOR	4.00	Director	$0	$0	$0
JOHN ALLEVATO	EXECUTIVE DI	1.00	Officer	$0	$0	$0
SILVIO DAVIS	PRESIDENT	8.00	Officer	$0	$0	$0
KARL L FAVA	TREASURER	8.00	Officer	$0	$0	$0
ANTHONY FUNDARO	VICE PRESIDE	1.00	Officer	$0	$0	$0
NICOLE GOLICH	SECRETARY	1.00	Officer	$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
2025	$223,883	$117,046	$1,391,771	$106,837
2024	$330,325	$101,814	$1,284,934	$228,511
2023	$75,326	$89,390	$1,056,200	$-14,064
2022	$191,332	$29,463	$1,069,130	$161,869
2021	$289,748	$132,079	$907,261	$157,669

DEARBORN GOODFELLOWS INC