DEGAGE HOLDINGS (EIN 872374412) - 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

2021

Legal Domicile

Principal Officer

THELMA ENSINK

Phone

6164541661

Tax Period

2024-01-01 to 2024-12-31

DEGAGE HOLDINGS, founded in 2021, is a small nonprofit in the Human Services sector that reported $283K in total revenue in fiscal year 2024. Expenses of $374K exceeded revenue, resulting in a 32% operating deficit.

Mission

DEGAGE MINISTRIES IS A COMMUNITY CENTER THAT PROVIDERS OVERNIGHT SHELTER, MEAL SERVICES, HYGIENE FACILITIES AND SUPPORT SERVICES TO HOMELESS AND LOW-INCOME INDIVIDUALS.

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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 $0

Program Service Revenue $283,327

Investment Income $0

Other Revenue $0

TOTAL REVENUE $283,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $322,542

Other Expenses $374,457

TOTAL EXPENSES $374,457

Year-over-Year Comparison

	2024	2023	Change
Revenue	$283,327	N/A	N/A
Expenses	$374,457	$351,290	+0.1%
Net Income	$-91,130	$-351,290	-0.7%

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

$120,640

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES BURPEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL LUNT	SECRETARY	1.00	Officer Director	$0	$0	$0
BECKI BYKERK	TREASURER	1.00	Officer Director	$0	$0	$0
JEREMY DEROO	BOARD MEMBER	1.00	Director	$0	$0	$0
RYAN VERWYS	BOARD MEMBER	1.00	Director	$0	$0	$0
THELMA ENSINK	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$120,640

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	$283,327	$374,457	$9,393,928	$-91,130
2023	No data	$351,290	$9,210,276	No data
2022	$36,637	$209,990	$9,337,253	$-173,353
2021	$2,260,929	$118,698	$9,492,231	$2,142,231

DEGAGE HOLDINGS