Hangar Youth And Community Center

EIN: 821772952 501(c)(3) Youth Development

Byron Center, MI

Total Revenue
$134,062
Total Expenses
$126,184
Total Assets
$505,868
Net Assets
$501,543
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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
2018
Legal Domicile
MI
Principal Officer
Douglas G Reinsch
Phone
6169290018
Tax Period
2023-01-01 to 2023-12-31

Hangar Youth And Community Center, founded in 2018, is a small nonprofit in the Youth Development sector that reported $134K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $126K left a modest 6% surplus.

Mission

Hangar is a community center providing inclusive, innovative and sustainable programs & services improving individual and community well being.

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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 (2023)

Revenue Breakdown

Contributions & Grants $114,525
Program Service Revenue $0
Investment Income $19,537
Other Revenue $0
TOTAL REVENUE $134,062

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,260
Fundraising Expenses $33,189
Program Expenses $72,199
Other Expenses $71,924
TOTAL EXPENSES $126,184

Year-over-Year Comparison

2023 2022 Change
Revenue $134,062 $159,552 -0.2%
Expenses $126,184 $84,491 +0.5%
Net Income $7,878 $75,061 -0.9%
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
11
Independent Members
11
Employees
2
Volunteers
43

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas G Reinsch Executive Director 5.00
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
2024 No data No data No data No data
2023 $134,062 $126,184 $505,868 $7,878
2022 $159,552 $84,491 $493,963 $75,061
2021 $440,964 $23,777 $418,606 $417,187
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