Holland, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Holland Community Aquatic Center Foundation, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $102K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring.
To support enhancement of the renovation and expansion bond in process and provide funding opportunities, scholarship opportunities, and to promote water safety.
The HAC Foundation continues to spend their efforts on supporting the objectives of the Holland Area Community Swimming Pool Authority. The majority of the groups efforts were focused on fundraising...
The HAC Foundation continues to spend their efforts on supporting the objectives of the Holland Area Community Swimming Pool Authority. The majority of the groups efforts were focused on fundraising to support swimming lessons for those with financial barriers to this service. Some funding was raised by the brick and bench sales through the Brick by Brick campaign and was used to support staff development and reduced-cost memberships. The majority of funding was raised through Bryans Big Swims campaign to support swimming lessons opportunities for those with financial barriers.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $102,303 | $197,378 | -0.5% |
| Expenses | $107,070 | $248,526 | -0.6% |
| Net Income | $-4,767 | $-51,148 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tom Seiff | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Lehmann | Vice President/Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Tyler | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Liz Colburn | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Gordon Julius | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Donna Berkey Lowry | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Elizabeth Bocks | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Fadi Maalouf | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Amanda Duimstra | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $102,303 | $107,070 | $1,543 | $-4,767 |
| 2024 | $197,378 | $248,526 | $7,902 | $-51,148 |
| 2023 | $441,924 | $1,371,651 | $57,214 | $-929,727 |
| 2022 | $1,564,696 | $1,557,066 | $987,560 | $7,630 |
| 2021 | $1,029,008 | $79,645 | $964,226 | $949,363 |
Compare Holland Community Aquatic Center Foundation with other nonprofits in Michigan and across the country.