SAM BEAUFORD WOODWORKING INST

EIN: 821326496 501(c)(3) Arts, Culture & Humanities

ADRIAN, MI

Total Revenue
$2,162,223
Total Expenses
$867,444
Total Assets
$2,859,324
Net Assets
$2,724,682
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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
2017
Legal Domicile
MI
Principal Officer
DAN BUTLER
Phone
5174424560
Tax Period
2025-01-01 to 2025-12-31

SAM BEAUFORD WOODWORKING INST, founded in 2017, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.2M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.3M, a strong 60% operating margin.

Mission

PROVIDE EDUCATION AND CAREER OPPORTUNITIES THROUGH THE ARTISTRY OF WOODWORKING

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,415,251
Program Service Revenue $672,334
Investment Income $53,662
Other Revenue $20,976
TOTAL REVENUE $2,162,223

Expense Breakdown

Grants Paid $0
Salaries & Benefits $378,624
Fundraising Expenses $0
Program Expenses $739,810
Other Expenses $488,820
TOTAL EXPENSES $867,444

Year-over-Year Comparison

2025 2024 Change
Revenue $2,162,223 $1,890,524 +0.1%
Expenses $867,444 $743,941 +0.2%
Net Income $1,294,779 $1,146,583 +0.1%
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
5
Independent Members
5
Employees
8
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ARGUS CHAIRPERSON N/A
Officer
$0 $0 $0
FRANK BAKER TREASURER N/A
Officer
$0 $0 $0
DAN BUTLER SECRETARY N/A
Officer
$0 $0 $0
NIKI SHARER BOARD MEMBER N/A
Director
$0 $0 $0
STEVEN SKORNICKA BOARD MEMBER N/A
Director
$0 $0 $0
LUKE BARNETT EXECUTIVE DI N/A
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 $2,162,223 $867,444 $2,859,324 $1,294,779
2024 $1,890,524 $743,941 $1,514,648 $1,146,583
2023 $679,708 $625,904 $392,581 $53,804
2022 $461,686 $425,824 $285,819 $35,862
2021 $349,109 $285,382 $219,532 $63,727
2020 $245,312 $181,521 $119,603 $63,791
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