YPSILANTI LADIES LITERARY HOUSE FOUNDATION

EIN: 813595299 501(c)(3) Arts, Culture & Humanities

YPSILANTI, MI

Total Revenue
$80,777
Total Expenses
$72,807
Total Assets
$372,255
Net Assets
$372,255
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MI
Principal Officer
CAROL CRAMER
Phone
7344827615
Tax Period
2023-06-01 to 2024-05-31

YPSILANTI LADIES LITERARY HOUSE FOUNDATION, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $81K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $73K left a modest 10% surplus.

Mission

PRESERVATION OF HISTORIC STRUCTURES WITHIN THE CITY OF YPSILANTI AND ESPECIALLY THE LADIES LITERARY HOUSE STRUCTURE, FOSTERING EDUCATIONAL AND CULTURAL OPPORTUNITIES AND AWARENESS THROUGH THE PRESERVATION OF HISTORIC MONUMENTS, INCLUDING FOR THE PURPOSES OF MAKING DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,643
Program Service Revenue $0
Investment Income $38,189
Other Revenue $38,945
TOTAL REVENUE $80,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $61,813
Other Expenses $72,807
TOTAL EXPENSES $72,807

Year-over-Year Comparison

2023 2022 Change
Revenue $80,777 $73,266 +0.1%
Expenses $72,807 $74,176 0.0%
Net Income $7,970 $-910 -9.8%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
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
7
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL CRAMER CHAIRPERSON 10.00
Officer
$0 $0 $0
KATHY NIMELLI SECRETARY 10.00
Officer
$0 $0 $0
MARY BOWMAN DIRECTOR N/A
Officer Director
$0 $0 $0
MARY BETH STRASSEL DIRECTOR N/A
Officer Director
$0 $0 $0
URSULA DU FRESNE TREASURER 10.00
Officer
$0 $0 $0
PATRICIA BUTCKO DIRECTOR N/A
Officer Director
$0 $0 $0
MARLENE BARR DIRECTOR N/A
Officer 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 $80,777 $72,807 $372,255 $7,970
2023 $73,266 $74,176 $364,285 $-910
2022 $12,051 $46,060 $365,195 $-34,009
2021 $303,470 $28,348 $399,204 $275,122
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare YPSILANTI LADIES LITERARY HOUSE FOUNDATION with other nonprofits in Michigan and across the country.