FRIENDS OF BOWERS FARM CORPORATION

EIN: 800569020 501(c)(3) Recreation & Sports

BLOOMFIELD HILLS, MI

Total Revenue
$248,080
Total Expenses
$27,628
Total Assets
$416,859
Net Assets
$416,859
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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
2011
Legal Domicile
MI
Principal Officer
MARGARET BAXTER
Phone
2482191019
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF BOWERS FARM CORPORATION, founded in 2011, is a small nonprofit in the Recreation & Sports sector that reported $248K in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $220K, a strong 89% operating margin.

Mission

TO SUPPORT, PRESERVE, AND ENHANCE THE BOWERS SCHOOL FARM PROPERTY, PROGRAMS, AND ACTIVITIES THROUGH FINANCIAL SUPPORT, COMMUNITY OUTREACH, AND VOLUNTEERISM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,935
Program Service Revenue $0
Investment Income $4,957
Other Revenue $240,188
TOTAL REVENUE $248,080

Expense Breakdown

Grants Paid $19,286
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,286
Other Expenses $8,342
TOTAL EXPENSES $27,628

Year-over-Year Comparison

2024 2023 Change
Revenue $248,080 $114,639 +1.2%
Expenses $27,628 $38,772 -0.3%
Net Income $220,452 $75,867 +1.9%
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

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
50

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RACHEL ERIN PRESIDENT 10.00
Officer Director
$0 $0 $0
MARGARET BAXTER TREASURER 8.00
Officer Director
$0 $0 $0
LAUREN DALGLEISH SECRETARY 3.00
Officer Director
$0 $0 $0
CATHERINE STRUMBOS DIRECTOR 1.00
Director
$0 $0 $0
ALAN JAROS DIRECTOR 1.00
Director
$0 $0 $0
GERALDINE DUNKLE DIRECTOR 1.00
Director
$0 $0 $0
LISA WATSON DIRECTOR 3.00
Director
$0 $0 $0
GINA CAPUA DIRECTOR 1.00
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 $248,080 $27,628 $416,859 $220,452
2024 $114,639 $38,772 $196,407 $75,867
2023 $301,120 $246,935 $120,540 $54,185
2023 $431,591 $397,750 $102,621 $33,841
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