FAIRMOUNT RIVERSIDE ENDOWMENT TUA COMERICA BANK & TRUST NA TRUSTEE

EIN: 846016069

DETROIT, MI

Total Revenue
$939,765
Total Expenses
$480,007
Total Assets
$9,673,310
Net Assets
$9,673,310
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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
1978
Legal Domicile
CO
Principal Officer
MATTHEW GRABOWSKI
Phone
3032943349
Tax Period
2023-01-01 to 2023-12-31

FAIRMOUNT RIVERSIDE ENDOWMENT TUA COMERICA BANK & TRUST NA TRUSTEE, founded in 1978, is a small nonprofit that reported $940K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $460K, a strong 49% operating margin.

Mission

CEMETERY CARE AND MAINTENANCE

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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 $337,880
Program Service Revenue $0
Investment Income $601,885
Other Revenue $0
TOTAL REVENUE $939,765

Expense Breakdown

Grants Paid $387,590
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $387,590
Other Expenses $92,417
TOTAL EXPENSES $480,007

Year-over-Year Comparison

2023 2022 Change
Revenue $939,765 $691,596 +0.4%
Expenses $480,007 $465,999 +0.0%
Net Income $459,758 $225,597 +1.0%
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
1
Independent Members
1
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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.50
$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 $939,765 $480,007 $9,673,310 $459,758
2022 $691,596 $465,999 $9,188,206 $225,597
2021 $1,120,927 $413,210 $8,967,007 $707,717
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