fochatfor community inc

EIN: 863899688 501(c)(3) Philanthropy & Grantmaking

Ypsilanti, MI

Total Revenue
$420,000
Total Expenses
$267,423
Total Assets
$420,000
Net Assets
$152,577
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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
MI
Phone
7345481602
Tax Period
2024-06-26 to 2025-03-31

fochatfor community inc, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $420K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $153K, a strong 36% operating margin.

Mission

to help people live with dignity and purpose.

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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 $420,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $420,000

Expense Breakdown

Grants Paid $93,979
Salaries & Benefits $115,788
Fundraising Expenses $0
Program Expenses $35,380
Other Expenses $57,656
TOTAL EXPENSES $267,423

Year-over-Year Comparison

2024 2023 Change
Revenue $420,000 $520,000 -0.2%
Expenses $267,423 $291,789 -0.1%
Net Income $152,577 $228,211 -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
6
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
CHARLES TSHIYOKA VICE PRESIDENT 56.00
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
2025 $420,000 $267,423 $420,000 $152,577
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