MACOMB FOSTER CLOSET (EIN 825120556) - 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

2018

Legal Domicile

Principal Officer

KEVIN MCALPINE

Tax Period

2023-01-01 to 2023-12-31

MACOMB FOSTER CLOSET, founded in 2018, is a small nonprofit in the Human Services sector that reported $309K in total revenue in fiscal year 2023. Revenue surged 328% from the prior year, signaling strong growth momentum. The organization ran a surplus of $215K, a strong 69% operating margin.

Mission

THE MACOMB FOSTER CLOSET PROVIDES CLOTHING AND OTHER ESSENTIAL ITEMS FREE TO CHILDREN IN FOSTER CARE.

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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 $308,288

Program Service Revenue $0

Investment Income $24

Other Revenue $943

TOTAL REVENUE $309,255

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $91,013

Other Expenses $94,624

TOTAL EXPENSES $94,624

Year-over-Year Comparison

	2023	2022	Change
Revenue	$309,255	$72,326	+3.3%
Expenses	$94,624	$33,315	+1.8%
Net Income	$214,631	$39,011	+4.5%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED HUEBNER	DIRECTOR	20.00	Director	$0	$0	$0
ANGELA FORNEY	DIRECTOR	10.00	Director	$0	$0	$0
CHERYL DUNCAN	SECRETARY	10.00	Officer	$0	$0	$0
KEVIN MCALPINE	PRESIDENT	20.00	Officer	$0	$0	$0
MELISSA BRUNNEMER	TREASURER	10.00	Officer	$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	$309,255	$94,624	$897,883	$214,631
2022	$72,326	$33,315	$55,272	$39,011
2021	$86,080	$69,819	$16,261	$16,261

MACOMB FOSTER CLOSET