ADA AREA PROMOTIONS COMMITTEE INC (EIN 411978874) - 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

2016

Legal Domicile

Principal Officer

MICHAEL GANJE

Phone

2182802672

Tax Period

2023-01-01 to 2023-12-31

ADA AREA PROMOTIONS COMMITTEE INC, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $46K in total revenue in fiscal year 2023. Revenue surged 169% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 87% operating margin.

Mission

COMBAT COMMUNITY DETERIORATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,217

Program Service Revenue $0

Investment Income $29,343

Other Revenue $11,075

TOTAL REVENUE $45,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,348

Other Expenses $6,116

TOTAL EXPENSES $6,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,635	$16,963	+1.7%
Expenses	$6,116	$5,875	+0.0%
Net Income	$39,519	$11,088	+2.6%

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
ERIN STOLTMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
CURT JACOBSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GANJE	TREASURER / PRESIDENT	2.00	Officer Director	$0	$0	$0
TODD SAWREY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KIM PETERS	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$45,635	$6,116	$110,504	$39,519
2022	$16,963	$5,875	$70,985	$11,088
2021	$33,266	$7,096	$59,897	$26,170
2020	$-19,221	$4,537	$427,136	$-23,758
2019	$-14,292	$4,524	$448,374	$-18,816

ADA AREA PROMOTIONS COMMITTEE INC