MICHIGAN DELTA FOUNDATION INC (EIN 386104459) - 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

1947

Legal Domicile

Principal Officer

MIKE NICHOLS

Phone

7349979777

Tax Period

2024-08-01 to 2025-07-31

MICHIGAN DELTA FOUNDATION INC, founded in 1947, is a small nonprofit in the Recreation & Sports sector that reported $455K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $435K left a modest 4% surplus.

Mission

PROVIDING A SAFE AND CLEAN FRATERNITY HOUSE FOR RENT TO THE CHAPTER MEMBERS OF THE DELTA TAU DELTA CHAPTER OF THE UNIVERSITY 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 $59,350

Program Service Revenue $388,880

Investment Income $6,590

Other Revenue $0

TOTAL REVENUE $454,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $435,165

TOTAL EXPENSES $435,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$454,820	$416,984	+0.1%
Expenses	$435,165	$268,154	+0.6%
Net Income	$19,655	$148,830	-0.9%

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
BRUCE COURTADE	DIRECTOR	5.00	Director	$0	$0	$0
MIKE ROGERS	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL MIRKIL	SECRETARY	0.20	Officer Director	$0	$0	$0
CHRIS TZETZO	DIRECTOR	0.20	Director	$0	$0	$0
MITCHELL MCALLISTER	DIRECTOR	0.20	Director	$0	$0	$0
ALLAN LUTES	DIRECTOR	4.00	Officer Director	$0	$0	$0
MIKE NICHOLS	PRESIDENT	0.20	Officer Director	$0	$0	$0
JERRY BIALEK	TREASURER	0.20	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
2025	$454,820	$435,165	$896,297	$19,655
2024	$416,984	$268,154	$934,489	$148,830
2023	$427,705	$258,275	$819,540	$169,430
2022	$321,449	$280,359	$676,495	$41,090
2021	$300,879	$251,414	$666,666	$49,465
2020	$286,079	$225,991	$632,475	$60,088
2019	$314,515	$204,937	$597,162	$109,578
2018	$321,139	$199,173	$527,043	$121,966

MICHIGAN DELTA FOUNDATION INC