MARYGROVE CONSERVANCY (EIN 822782819) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

SR MARY JANE HERB

Phone

3139271200

Tax Period

2023-01-01 to 2023-12-31

MARYGROVE CONSERVANCY, founded in 2017, is a community nonprofit in the Education sector that reported $9.8M in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. Expenses of $9.2M left a modest 6% surplus.

Mission

TO PRESERVE THE LEGACY OF MARYGROVE COLLEGE THROUGH THE ADVANCEMENT OF INTEGRATED P-20 EDUCATIONAL OPPORTUNITIES FOR LOW-INCOME CHILDREN AND FAMILIES, PARTICULARLY WITHIN THE LIVERNOIS AND MCNICHOLS CORRIDORS OF DETROIT, MICHIGAN.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,718,641

Program Service Revenue $0

Investment Income $124,453

Other Revenue $964,938

TOTAL REVENUE $9,808,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $792,813

Fundraising Expenses $224,949

Program Expenses $8,425,997

Other Expenses $8,416,084

TOTAL EXPENSES $9,208,897

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,808,032	$4,577,465	+1.1%
Expenses	$9,208,897	$6,972,679	+0.3%
Net Income	$599,135	$-2,395,214	-1.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$456,530

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SR MARY JANE HERB	CHAIR	5.00	Officer Director	$0	$0	$0
AARON SEYBERT	TREASURER	10.00	Officer Director	$0	$0	$0
GLENDA PRICE	SECRETARY	1.00	Officer Director	$0	$0	$0
ELIZABETH A BURNS	DIRECTOR	1.00	Director	$0	$0	$0
ROSE DESLOOVER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES FEAGIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL FORSYTH	DIRECTOR	1.00	Director	$0	$0	$0
ANTOINE GARIBALDI	DIRECTOR	1.00	Director	$0	$0	$0
WENDY LEWIS JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
TOM LEWAND	CHIEF EXECUTIVE OFFICER	40.00	Officer	$429,510	$27,020	$456,530
ROBERTA WALKER	DIRECTOR OF OPERATIONS AND STRATEGY	40.00	Highest	$148,755	$7,594	$156,349

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	$9,808,032	$9,208,897	$111,553,857	$599,135
2022	$4,577,465	$6,972,679	$102,325,216	$-2,395,214
2021	$9,035,851	$6,106,938	$74,090,632	$2,928,913
2021	$9,035,851	$6,106,938	$74,090,632	$2,928,913
2020	$7,859,791	$4,751,005	$40,280,266	$3,108,786
2020	$6,637,411	$4,818,336	$40,281,559	$1,819,075
2019	$6,066,639	$3,833,526	$13,392,047	$2,233,113
2019	$7,229,173	$3,576,824	$14,463,753	$3,652,349
2018	$350,003	$220,320	$10,215,006	$129,683
2017	$3,067,609	No data	$12,632,093	No data

MARYGROVE CONSERVANCY