CATHEDRAL MERCIFUL SAVIOUR TUA

EIN: 416013255 501(c)(3)

DETROIT, MI

Total Revenue
$66,926
Total Expenses
$80,362
Total Assets
$837,264
Net Assets
$837,264
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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
1935
Legal Domicile
MN
Phone
2489841370
Tax Period
2024-01-01 to 2024-12-31

CATHEDRAL MERCIFUL SAVIOUR TUA, founded in 1935, is a micro nonprofit that reported $67K in total revenue in fiscal year 2024. Revenue surged 235% from the prior year, signaling strong growth momentum. Expenses of $80K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE FUNDING TO THE CATHEDRAL OF OUR MERCIFUL SAVIOR

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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 $0
Program Service Revenue $0
Investment Income $66,926
Other Revenue $0
TOTAL REVENUE $66,926

Expense Breakdown

Grants Paid $63,306
Salaries & Benefits $7,590
Fundraising Expenses $0
Program Expenses $80,362
Other Expenses $9,466
TOTAL EXPENSES $80,362

Year-over-Year Comparison

2024 2023 Change
Revenue $66,926 $19,997 +2.3%
Expenses $80,362 $71,623 +0.1%
Net Income $-13,436 $-51,626 -0.7%
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
1
Independent Members
1
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COMERICA BANK TRUST NA TRUSTEE 2.0
$7,580 $0 $7,580
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 $66,926 $80,362 $837,264 $-13,436
2023 $19,997 $71,623 $848,527 $-51,626
2022 $50,293 $75,984 $902,265 $-25,691
2021 $57,327 $77,553 $932,633 $-20,226
2020 $36,531 $75,175 $952,750 $-38,644
2019 $70,735 $74,744 $996,828 $-4,009
2018 $91,148 $75,662 $1,001,353 $15,486
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