FRISCHKORN MEM FUND IIIDEFENDER

EIN: 386646188 501(c)(3)

DETROIT, MI

Total Revenue
$44,775
Total Expenses
$679,346
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
7349302405
Tax Period
2019-10-01 to 2020-09-30

FRISCHKORN MEM FUND IIIDEFENDER, founded in 1994, is a micro nonprofit that reported $45K in total revenue in fiscal year 2019. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $679K exceeded revenue, resulting in a 1417% operating deficit.

Mission

TO DISTRIBUTE NET INCOME TO PROMOTE PRESERVATION AND CONSERVATION OF 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 $44,775
Other Revenue $0
TOTAL REVENUE $44,775

Expense Breakdown

Grants Paid $669,474
Salaries & Benefits $7,871
Fundraising Expenses $0
Program Expenses $669,474
Other Expenses $2,001
TOTAL EXPENSES $679,346

Year-over-Year Comparison

2019 2018 Change
Revenue $44,775 $137,854 -0.7%
Expenses $679,346 $49,663 +12.7%
Net Income $-634,571 $88,191 -8.2%
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
$3,729
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
$3,729 $0 $3,729
N/A CO-TRUSTEE N/A
$4,141 $0 $4,141
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 $44,775 $679,346 No data $-634,571
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