SC DEVELOPMENT UNIT 14 INC (EIN 475287334) - 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

2015

Legal Domicile

Principal Officer

JON LAMB

Phone

2483537620

Tax Period

2023-07-01 to 2024-06-30

SC DEVELOPMENT UNIT 14 INC, founded in 2015, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. The organization ran a surplus of $1.8M, a strong 91% operating margin.

Mission

TO SUPPORT SCHOOLCRAFT COLLEGE, ITS STUDENTS, AND EDUCATIONAL COMMUNITY AS A WHOLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,650,823

Program Service Revenue $0

Investment Income $290,417

Other Revenue $11,887

TOTAL REVENUE $1,953,127

Expense Breakdown

Grants Paid $12,020

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,275

Other Expenses $158,688

TOTAL EXPENSES $170,708

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,953,127	$1,868,550	+0.0%
Expenses	$170,708	$126,486	+0.3%
Net Income	$1,782,419	$1,742,064	+0.0%

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

N/A

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

$842,731

Total Directors

$842,731

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN CERNY	DIRECTOR & PRESIDENT	2.00	Officer Director	$0	$188,886	$594,127
JON LAMB	DIRECTOR & TREASURER	3.00	Officer Director	$0	$37,290	$248,604
CAROL STROM	DIRECTOR & VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
CANDY R LITTLE	DIRECTOR & SECRETARY	0.25	Officer Director	$0	$0	$0
MATT WILSON	DIRECTOR	0.25	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	No data	No data	No data	No data
2024	$1,953,127	$170,708	$16,072,103	$1,782,419
2023	$1,868,550	$126,486	$12,642,587	$1,742,064
2022	$4,074,300	$114,588	$9,609,385	$3,959,712
2021	$760,601	$79,564	$7,821,024	$681,037
2020	$155,497	$194,767	$5,352,103	$-39,270
2019	$518,025	$360,920	$5,356,268	$157,105
2018	$874,201	$379,114	$5,034,035	$495,087

SC DEVELOPMENT UNIT 14 INC