MANITOU BEACH HISTORIC RENOVATION SOCIETY

EIN: 460834516 501(c)(3) Arts, Culture & Humanities

MANITOU BEACH, MI

Total Revenue
$177,080
Total Expenses
$74,622
Total Assets
$593,822
Net Assets
$593,822
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MI
Principal Officer
DAVID W GAJDA
Phone
2138042666
Tax Period
2025-01-01 to 2025-12-31

MANITOU BEACH HISTORIC RENOVATION SOCIETY, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $177K in total revenue in fiscal year 2025. Revenue surged 99% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 58% operating margin.

Mission

To Perpetuate the historic significance of the Manitou Beach Community through Education Community Programs.

Program Service Accomplishments

Program 1
Expenses: $15,089 Revenue: $8,020

Perpetuate the historic significance of the Manitou Beach Community By supporting a local art festival and Summer Kids Art Camp.

Program 2
Expenses: $55,358 Revenue: $11,648

Perpetuate the historic significance of the Manitou Beach Community

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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 (2025)

Revenue Breakdown

Contributions & Grants $151,232
Program Service Revenue $21,148
Investment Income $0
Other Revenue $4,700
TOTAL REVENUE $177,080

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $70,447
Other Expenses $74,622
TOTAL EXPENSES $74,622

Year-over-Year Comparison

2025 2024 Change
Revenue $177,080 $89,087 +1.0%
Expenses $74,622 $80,820 -0.1%
Net Income $102,458 $8,267 +11.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
N/A
Volunteers
6

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David W Gajda President 5.00
Officer Director
$0 $0 $0
Louis Magalon Secretary & Treasurer 5.00
Officer Director
$0 $0 $0
Alice Guzman Board Director 0.00
Director
$0 $0 $0
Lorraine Bilinski Board Member N/A
Director
$0 $0 $0
Laura Gajda Board Member N/A
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 $177,080 $74,622 $593,822 $102,458
2024 $89,087 $80,820 $699,625 $8,267
2023 $102,049 $97,811 $641,358 $4,238
2023 $152,049 $97,811 $691,358 $54,238
2022 $323,979 $35,247 $620,541 $288,732
2021 $94,834 $45,118 $333,195 $49,716
2020 $189,461 $29,004 $336,800 $160,457
2019 $60,500 $80,468 $197,876 $-19,968
2018 $222,393 $27,251 $163,845 $195,142
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