COMERICA CHARITABLE TRUST (EIN 651259308) - 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

2005

Legal Domicile

Phone

3132223018

Tax Period

2024-07-01 to 2025-06-30

COMERICA CHARITABLE TRUST, founded in 2005, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $22.6M in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum. Net assets of $87.0M represent 46 months of operating reserves.

Mission

TO RECEIVE AND ADMINISTER FUNDS FOR DISTRIBUTIONS TO QUALIFIED CHARITIES.

🔒

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 $15,577,993

Program Service Revenue $0

Investment Income $7,048,770

Other Revenue $8,355

TOTAL REVENUE $22,635,118

Expense Breakdown

Grants Paid $21,302,988

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,302,988

Other Expenses $913,369

TOTAL EXPENSES $22,216,357

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,635,118	$10,806,039	+1.1%
Expenses	$22,216,357	$11,232,653	+1.0%
Net Income	$418,761	$-426,614	-2.0%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COMERICA BANK AND TRUST NA	TRUSTEE	0.0		$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	$22,635,118	$22,216,357	$87,133,935	$418,761
2024	No data	No data	No data	No data
2023	$12,994,069	$16,638,216	$78,304,131	$-3,644,147
2022	$13,296,605	$8,605,126	$75,789,432	$4,691,479
2021	$21,151,403	$16,731,488	$86,019,957	$4,419,915
2020	$17,195,992	$9,015,480	$67,920,360	$8,180,512
2019	$15,564,469	$9,528,800	$60,531,280	$6,035,669

COMERICA CHARITABLE TRUST