CORD GROUP

EIN: 454578042 501(c)(3) Youth Development

ADA, MI

Total Revenue
$308,175
Total Expenses
$793,871
Total Assets
$722,248
Net Assets
$720,057
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MI
Principal Officer
DAVID ELLIS
Phone
6162935585
Tax Period
2024-01-01 to 2024-12-31

CORD GROUP, founded in 2012, is a small nonprofit in the Youth Development sector that reported $308K in total revenue in fiscal year 2024. Expenses of $794K exceeded revenue, resulting in a 158% operating deficit.

Mission

SEE PROGRAM SERVICES

Program Service Accomplishments

Program 1
Expenses: $766,365

TO RECEIVE AND ADMINISTER FUNDS AND TO PERFORM SERVICES AND TO ENGAGE IN ACTIVITIES IN ORDER TO PLAY A SUPPORTING ROLL IN ASSISTING THE POOR, DISADVANTAGED AND UNDERSERVED MEMBERS OF OUR COMMUNITY BY...

Read more

TO RECEIVE AND ADMINISTER FUNDS AND TO PERFORM SERVICES AND TO ENGAGE IN ACTIVITIES IN ORDER TO PLAY A SUPPORTING ROLL IN ASSISTING THE POOR, DISADVANTAGED AND UNDERSERVED MEMBERS OF OUR COMMUNITY BY COMING ALONGSIDE THEM WITH MENTORING, PERSONAL INVOLVEMENT, FINANCIAL SUPPORT, DISCIPLESHIP, AND OTHER MEANS, IN ORDER TO CREATE THE OPPORTUNITY FOR THEM TO LIVE WITH PERSONAL WHOLENESS THROUGH A RELATIONSHIP OF JESUS IN ALL ASPECTS OF THEIR LIVES.

Program 2
Expenses: $11,240

TO RECEIVE AND ADMINSTER FUNDS AND TO PERFORM SERVICES AND TO ENGAGE IN ACTIVITIES IN ORDER TO SHARE THE LOVE OF JESUS CHRIST WITH AT RISK ADOLESCENTS BY HELPING THEM TO SEE THE INNATE TALENT AND...

Read more

TO RECEIVE AND ADMINSTER FUNDS AND TO PERFORM SERVICES AND TO ENGAGE IN ACTIVITIES IN ORDER TO SHARE THE LOVE OF JESUS CHRIST WITH AT RISK ADOLESCENTS BY HELPING THEM TO SEE THE INNATE TALENT AND GIFTING THEY POSSESS AND HOW THEY CAN DEVELOP THESE QUALITIES IN ORDER TO BE SUCCESSFUL IN LIFE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $368,041
Program Service Revenue $0
Investment Income $-40,938
Other Revenue $-18,928
TOTAL REVENUE $308,175

Expense Breakdown

Grants Paid $693,440
Salaries & Benefits $59,336
Fundraising Expenses $5,934
Program Expenses $777,605
Other Expenses $41,095
TOTAL EXPENSES $793,871

Year-over-Year Comparison

2024 2023 Change
Revenue $308,175 $-50,808 -7.1%
Expenses $793,871 $643,511 +0.2%
Net Income $-485,696 $-694,319 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
2
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
3
$48,000
Total Directors
6
$48,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID J ELLIS PRESIDENT 40.00
Officer Director
$48,000 $0 $48,000
STEVE TIMYAN SECRETARY 40.00
Officer Director
$0 $0 $0
MARK STACY DIRECTOR 40.00
Director
$0 $0 $0
GARY LYONS DIRECTOR 1.00
Director
$0 $0 $0
JEFF GREENE DIRECTOR 1.00
Director
$0 $0 $0
JIM WEAVER TREASURER 1.00
Officer 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
2025 No data No data No data No data
2024 $308,175 $793,871 $722,248 $-485,696
2023 $-50,808 $643,511 $1,079,241 $-694,319
2022 $427,697 $814,392 $1,470,466 $-386,695
2021 $2,081,685 $1,379,163 $2,176,399 $702,522
2020 $2,364,773 $812,409 $1,526,394 $1,552,364
2019 $77,878 $129,666 $-35,857 $-51,788
2018 $112,412 $132,093 $16,361 $-19,681
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CORD GROUP with other nonprofits in Michigan and across the country.