GATEHOUSE SOCIETY INC

EIN: 861653211 501(c)(3) Public & Societal Benefit

STERLING HEIGHTS, MI

Total Revenue
$142,756
Total Expenses
$120,526
Total Assets
$61,553
Net Assets
$61,553
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MI
Principal Officer
MICHAEL KLIEMAN
Phone
5869390840
Tax Period
2024-01-01 to 2024-12-31

GATEHOUSE SOCIETY INC, founded in 2021, is a small nonprofit in the Public & Societal Benefit sector that reported $143K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $22K, a strong 16% operating margin.

Mission

TO SUPPORT, PROMOTE, REHABILITATE AND ADVANCE THE MEADOWBROOK GATEHOUSE AT OAKLAND UNIVERSITY, LOCATED AT 1030 ADAMS ROAD, ROCHESTER, 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $142,756
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $142,756

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $120,526
Other Expenses $120,526
TOTAL EXPENSES $120,526

Year-over-Year Comparison

2024 2023 Change
Revenue $142,756 $127,907 +0.1%
Expenses $120,526 $111,099 +0.1%
Net Income $22,230 $16,808 +0.3%
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

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Governance

Voting Members
3
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL KLIEMAN INCORPORATOR N/A
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 $142,756 $120,526 $61,553 $22,230
2023 $127,907 $111,099 $39,323 $16,808
2022 $128,351 $132,716 $22,515 $-4,365
2021 $152,703 $125,823 $26,880 $26,880
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