Macomb County Veterans Food Bank (EIN 460853527) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Gary Purcell

Phone

5867769810

Tax Period

2024-03-01 to 2025-02-28

Macomb County Veterans Food Bank, founded in 2012, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $405K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE MISSION IS TO PROVIDE FOOD TO NEEDY AND/OR HOMELESS VETERANS OF MACOMB COUNTY MICHIGAN

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $404,780

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $404,780

Expense Breakdown

Grants Paid $400,962

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $401,362

Other Expenses $1,610

TOTAL EXPENSES $402,572

Year-over-Year Comparison

	2024	2023	Change
Revenue	$404,780	$358,612	+0.1%
Expenses	$402,572	$338,520	+0.2%
Net Income	$2,208	$20,092	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
GARY PURCELL	PRESIDENT	5.00	Officer Director	$0	$0	$0
RON SQUIRES	1-VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
TOM PURULESKI	2-VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MIKE JACOBI	TREASURER	5.00	Officer Director	$0	$0	$0
MIKE SCHNEIDER	SECRETARY	5.00	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	$404,780	$402,572	$209,962	$2,208
2024	$358,612	$338,520	$207,754	$20,092
2023	$194,418	$209,398	$187,662	$-14,980
2022	$161,531	$156,968	$202,642	$4,563
2021	$116,072	$54,047	$198,079	$62,025
2020	$304,557	$317,847	$136,054	$-13,290
2019	$403,254	$296,143	$149,344	$107,111

Macomb County Veterans Food Bank