LH FOLEY & MH FRISCHKORN NATURE

EIN: 386646186 501(c)(3)

DETROIT, MI

Total Revenue
$38,166
Total Expenses
$701,542
Total Assets
N/A
Net Assets
N/A
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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
1994
Legal Domicile
MI
Phone
3132223384
Tax Period
2019-10-01 to 2020-09-30

LH FOLEY & MH FRISCHKORN NATURE, founded in 1994, is a micro nonprofit that reported $38K in total revenue in fiscal year 2019. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $702K exceeded revenue, resulting in a 1738% operating deficit.

Mission

TO PROMOTE THE PRESERVATION AND CONSERVATION OF WILDLIFE, NATURAL RESOURCES AND WILDERNESS AREAS

Program Service Accomplishments

Program 1
Expenses: $691,446

DISTRIBUTE ANNUAL NET INCOME TO NATURE CONSERVANCY FUND TO SUPPORT THEIR ACTIVITIES IN PRESERVING AND CONSERVING WILDLIFE, NATURAL RESOURCES AND WILDERNESS AREAS

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $38,166
Other Revenue $0
TOTAL REVENUE $38,166

Expense Breakdown

Grants Paid $691,446
Salaries & Benefits $8,095
Fundraising Expenses $0
Program Expenses $691,446
Other Expenses $2,001
TOTAL EXPENSES $701,542

Year-over-Year Comparison

2019 2018 Change
Revenue $38,166 $142,489 -0.7%
Expenses $701,542 $51,249 +12.7%
Net Income $-663,376 $91,240 -8.3%
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

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Governance

Voting Members
2
Independent Members
2
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
0
$0
Total Directors
1
$3,939
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR GEORGE STEGE III CO-TRUSTEE N/A
Director
$3,939 $0 $3,939
N/A CO-TRUSTEE N/A
$4,256 $0 $4,256
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
2020 $38,166 $701,542 No data $-663,376
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