TR UA LOUIS LIGGETTMICH SCHOOL

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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

1983

Legal Domicile

Phone

8004000439

Tax Period

2024-01-01 to 2024-12-31

TR UA LOUIS LIGGETTMICH SCHOOL, founded in 1983, is a micro nonprofit in the Education sector that reported $69K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 37% operating margin.

Mission

To provide funds to help offset operating costs of Grosse Ile School District and Trenton School District.

Program Service Accomplishments

Program 1

Expenses: $33,501

DISTRIBUTION TO THE NAMED ORGANIZATION AS DIRECTED BY THE GOVERNING DOCUMENT.

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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 $0

Program Service Revenue $0

Investment Income $68,834

Other Revenue $0

TOTAL REVENUE $68,834

Expense Breakdown

Grants Paid $32,000

Salaries & Benefits $10,007

Fundraising Expenses $0

Program Expenses $33,501

Other Expenses $1,701

TOTAL EXPENSES $43,708

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,834	$35,774	+0.9%
Expenses	$43,708	$43,810	0.0%
Net Income	$25,126	$-8,036	-4.1%

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
FIFTH THIRD BANK N A	TRUSTEE	N/A		$10,007	$0	$10,007

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	$68,834	$43,708	$585,210	$25,126
2023	$35,774	$43,810	$560,029	$-8,036
2022	$20,349	$47,024	$568,163	$-26,675
2021	$58,632	$45,026	$594,908	$13,606
2020	$23,529	$43,608	$581,193	$-20,079
2019	$75,358	$48,392	$601,524	$26,966
2018	$37,653	$50,542	$574,563	$-12,889