THE LOWER TOWN RIVERFRONT CONSERVANCY (EIN 862851511) - 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

2020

Legal Domicile

Principal Officer

MARIE KLOPF

Phone

8103978541

Tax Period

2024-01-01 to 2024-12-31

THE LOWER TOWN RIVERFRONT CONSERVANCY, founded in 2020, is a community nonprofit in the Recreation & Sports sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.3M, a strong 76% operating margin.

Mission

THE LOWER TOWN RIVERFRONT CONSERVANCY IS ORGANIZED TO ESTABLISH, IMPROVE, OPERATE, MAINTAIN, CONSERVE AND PRESERVE PUBLICLY ACCESSABLE GREEN SPACE, TRAILS AND PATHWAYS, AND PARK AMENITIES INITIALLY IN BROADWAY PARK WEST IN ANN ARBOR.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,323,036

Program Service Revenue $0

Investment Income $385,079

Other Revenue $-65,749

TOTAL REVENUE $1,642,366

Expense Breakdown

Grants Paid $0

Salaries & Benefits $215,739

Fundraising Expenses $121,157

Program Expenses $145,061

Other Expenses $174,083

TOTAL EXPENSES $389,822

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,642,366	$10,660,136	-0.8%
Expenses	$389,822	$412,883	-0.1%
Net Income	$1,252,544	$10,247,253	-0.9%

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

$185,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIE KLOPF	PRESIDENT	40.00	Officer	$167,865	$17,135	$185,000
STACY FOX	CHAIR	3.00	Officer Director	$0	$0	$0
SUSAN POLLAY	TREASURER	2.50	Officer Director	$0	$0	$0
MARK WALLACE	BOARD MEMBER	0.50	Director	$0	$0	$0
JIM KOSTEVA	BOARD MEMBER	0.50	Director	$0	$0	$0
ANTHONY TOMCZAK	BOARD MEMBER	0.50	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	$1,642,366	$389,822	$21,546,533	$1,252,544
2023	$10,660,136	$412,883	$20,230,660	$10,247,253
2022	$10,001,000	$22,750	$9,988,921	$9,978,250

THE LOWER TOWN RIVERFRONT CONSERVANCY