DETROIT REGIONAL PARTNERSHIP

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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

MAUREEN DONOHUE KRAUSS

Phone

3135185600

Tax Period

2023-01-01 to 2023-12-31

DETROIT REGIONAL PARTNERSHIP, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $621K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $615K, a strong 99% operating margin.

Mission

TO AGGRESSIVELY MARKET, GROW AND SUPPORT THE 11-COUNTY SOUTHEAST MICHIGAN REGION THROUGH REGIONAL ECONOMIC DEVELOPMENT PROGRAMMING.

Program Service Accomplishments

Program 1

PROVIDED SUPPORTING SERVICES TO DETROIT REGIONAL PARTNERSHIP FOUNDATION TO HELP FULFILL THE MISSION TO BRING ECONOMIC DEVELOPMENT TO SOUTHEAST 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 $585,000

Program Service Revenue $0

Investment Income $35,502

Other Revenue $125

TOTAL REVENUE $620,627

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $6,000

TOTAL EXPENSES $6,000

Year-over-Year Comparison

	2023	2022	Change
Revenue	$620,627	$836,497	-0.3%
Expenses	$6,000	$34,000	-0.8%
Net Income	$614,627	$802,497	-0.2%

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

N/A

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

$698,261

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERRY ANDERSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHIP MCCLURE	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ILITCH	DIRECTOR	1.00	Director	$0	$0	$0
DARIN MCKEEVER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID COULTER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID DAUCH	DIRECTOR	1.00	Director	$0	$0	$0
GARY TORGOW	DIRECTOR	1.00	Director	$0	$0	$0
JERRY NORCIA	DIRECTOR	1.00	Director	$0	$0	$0
KOFI BONNER	DIRECTOR	1.00	Director	$0	$0	$0
KYLEE MITCHELL WELLS	DIRECTOR	1.00	Director	$0	$0	$0
LA JUNE MONTGOMERY TABRON	DIRECTOR	1.00	Director	$0	$0	$0
MARK HACKEL	DIRECTOR	1.00	Director	$0	$0	$0
MATT CULLEN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE DUGGAN	DIRECTOR	1.00	Director	$0	$0	$0
RAY SCOTT	DIRECTOR	1.00	Director	$0	$0	$0
RAY TELANG	DIRECTOR	1.00	Director	$0	$0	$0
RIDGWAY WHITE	DIRECTOR	1.00	Director	$0	$0	$0
RIP RAPSON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT RINEY	DIRECTOR	1.00	Director	$0	$0	$0
SANDY BARUAH	DIRECTOR	1.00	Director	$0	$0	$0
TERRY RHADIGAN	DIRECTOR	1.00	Director	$0	$0	$0
TINA FREESE-DECKER	DIRECTOR	1.00	Director	$0	$0	$0
WARREN EVANS	DIRECTOR	1.00	Director	$0	$0	$0
MAUREEN DONOHUE KRAUSS	PRESIDENT & CEO	2.00	Officer	$0	$57,999	$531,623
TESIA MAMASSIAN	SECRETARY, VP OPERATIONS	2.00	Officer	$0	$16,326	$166,638
DAVE MEADOR	TREASURER	1.00	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	$620,627	$6,000	$3,817,255	$614,627
2022	$836,497	$34,000	$3,236,628	$802,497
2021	$438,267	$20,000	$2,400,131	$418,267
2020	$649,458	$121,337	$2,006,864	$528,121
2019	$2,978,746	$1,500,003	$1,478,743	$1,478,743