Advancing Macomb Foundation Inc (EIN 462344176) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Phone

5866510055

Tax Period

2024-01-01 to 2024-12-31

Advancing Macomb Foundation Inc, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $891K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $491K, a strong 55% operating margin.

Mission

Advancing Macombs mission is to strengthen Macomb County, Michigan, by connecting community challenges with high-impact solutions.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $879,451

Program Service Revenue $0

Investment Income $11,163

Other Revenue $0

TOTAL REVENUE $890,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,923

Fundraising Expenses $45,194

Program Expenses $300,531

Other Expenses $220,728

TOTAL EXPENSES $399,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$890,614	$1,384,777	-0.4%
Expenses	$399,651	$337,018	+0.2%
Net Income	$490,963	$1,047,759	-0.5%

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

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

$95,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BPhil Gilchrist	Executive Director	40.00	Officer	$95,500	$0	$95,500

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	$890,614	$399,651	$1,651,194	$490,963
2023	$1,384,777	$337,018	$1,277,378	$1,047,759
2022	$208,307	$403,206	$189,752	$-194,899
2021	$389,002	$350,354	$343,212	$38,648
2020	$267,845	$192,472	$273,020	$75,373

Advancing Macomb Foundation Inc