THE LOCAL CHURCH IN ANN ARBOR

EIN: 392071180 501(c)(3) Religion

ANN ARBOR, MI

Total Revenue
$1,981,204
Total Expenses
$319,995
Total Assets
$2,325,492
Net Assets
$2,325,492
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MI
Principal Officer
FLOYD MCNUTT
Phone
7342766774
Tax Period
2024-01-01 to 2024-12-31

THE LOCAL CHURCH IN ANN ARBOR, founded in 2008, is a community nonprofit in the Religion sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 412% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 84% operating margin.

Mission

THE PURPOSE OF THE LOCAL CHURCH IN ANN ARBOR IS TO ENABLE ITS MEMBERS TO WORSHIP GOD ACCORDING TO THE BIBLE, TO ENCOURAGE ONE ANOTHER IN THE CHRISTIAN LIFE, AND TO SPREAD THE GOSPEL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,981,105
Program Service Revenue $0
Investment Income $99
Other Revenue $0
TOTAL REVENUE $1,981,204

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $312,632
Other Expenses $319,995
TOTAL EXPENSES $319,995

Year-over-Year Comparison

2024 2023 Change
Revenue $1,981,204 $387,266 +4.1%
Expenses $319,995 $369,854 -0.1%
Net Income $1,661,209 $17,412 +94.4%
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
4
Independent Members
4
Employees
N/A
Volunteers
40

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FLOYD MCNUTT DIRECTOR / P 18.00
Officer Director
$0 $0 $0
RICHARD GLOSUP DIRECTOR / S 5.00
Officer Director
$0 $0 $0
CHING-SHIH YANG DIRECTOR / T 12.00
Officer Director
$0 $0 $0
EMMANUEL JANSSEN DIRECTOR 3.00
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
2024 $1,981,204 $319,995 $2,325,492 $1,661,209
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