SACRED HEART MISSION FOR GLADWIN COUNTY MICHIGAN

EIN: 461485633 501(c)(3) Human Services

GLADWIN, MI

Total Revenue
$738,030
Total Expenses
$297,847
Total Assets
$763,891
Net Assets
$762,861
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MI
Principal Officer
PAM WEAVER
Phone
9894264661
Tax Period
2023-07-01 to 2024-06-30

SACRED HEART MISSION FOR GLADWIN COUNTY MICHIGAN, founded in 2011, is a small nonprofit in the Human Services sector that reported $738K in total revenue in fiscal year 2023. Revenue surged 194% from the prior year, signaling strong growth momentum. The organization ran a surplus of $440K, a strong 60% operating margin.

Mission

TO ASSIST THE POOR WITHIN GLADWIN COUNTY WITH FOOD, CLOTHING, HEATING, UTILITIES, AND MISCELLANEOUS OTHER ITEMS. TO DO SUCH THINGS AND PERFORM SUCH ACTS TO ACCOMPLISH ITS PURPOSE AS THE SACRED HEART MISSION AND FOOD PANTRY BOARD MAY DETERMINE TO BE APPROPRIATE AND ARE NOT FORBIDDEN BY SECTION 501 (C)(3) OF THE CODE WITH ALL THE POWER CONFERRED ON NONPROFIT CORPORATIONS UNDER THE LAWS OF THE STATE OF MICHIGAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $515,073
Program Service Revenue $216,237
Investment Income $6,647
Other Revenue $73
TOTAL REVENUE $738,030

Expense Breakdown

Grants Paid $137,216
Salaries & Benefits $89,651
Fundraising Expenses $0
Program Expenses $273,955
Other Expenses $70,980
TOTAL EXPENSES $297,847

Year-over-Year Comparison

2023 2022 Change
Revenue $738,030 $251,128 +1.9%
Expenses $297,847 $193,023 +0.5%
Net Income $440,183 $58,105 +6.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
80

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
$39,360
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FATHER MARCEL J PORTELLI EX-OFFICIO MEMBER 1.00
Director
$0 $0 $0
CHAR DAVIS VICE PRESIDENT & TREASURER 1.00
Director
$0 $0 $0
KAY EDICK MEMBER 1.00
Director
$0 $0 $0
DOUG LEWIS MEMBER 1.00
Director
$0 $0 $0
DAVID COOPER SECRETARY 1.00
Director
$0 $0 $0
REV ADAM FLANICK MEMBER 1.00
Director
$0 $0 $0
PAM WEAVER CHAIR 1.00
Officer Director
$0 $0 $0
MARY ELLEN ERWIN MEMBER 1.00
Director
$0 $0 $0
TED BAK MEMBER 1.00
Director
$0 $0 $0
JIM KLIPA MEMBER 1.00
Director
$0 $0 $0
MAUREEN THURLOW MEMBER 1.00
Director
$0 $0 $0
YVETTE KEAST COORDINATOR 1.00
Officer
$39,360 $0 $39,360
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 $738,030 $297,847 $763,891 $440,183
2023 $251,128 $193,023 $322,678 $58,105
2022 $250,042 $197,214 $264,573 $52,828
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