JOE LOUIS GREENWAY PARTNERSHIP

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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

2022

Legal Domicile

Principal Officer

LEONA MEDLEY

Phone

3134291333

Tax Period

2023-01-01 to 2023-12-31

JOE LOUIS GREENWAY PARTNERSHIP, founded in 2022, is a small nonprofit in the Recreation & Sports sector that reported $200K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $502K exceeded revenue, resulting in a 151% operating deficit.

Mission

THE JOE LOUIS GREENWAY PARTNERSHIP IS COMMITTED TO MAKING THE JOE LOUIS GREENWAY A SPACE WHICH CELEBRATES THE STRENGTH AND DETERMINATION OF ITS SURROUNDING DIVERSE COMMUNITIES THROUGH INCLUSIVE PROGRAMMING, ONGOING BEAUTIFICATION, AND INTENTIONAL COMMUNITY ENGAGEMENT.

Program Service Accomplishments

Program 1

Expenses: $230,189

PROGRAMMING AND ACTIVATION, COMMUNITY ENGAGEMENT, PARTNERSHIPS, VOLUNTEER ENGAGEMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $200,136

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $200,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $216,505

Fundraising Expenses $91,427

Program Expenses $230,189

Other Expenses $285,914

TOTAL EXPENSES $502,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,136	$655,000	-0.7%
Expenses	$502,419	$204,767	+1.5%
Net Income	$-302,283	$450,233	-1.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRADLEY DICK	TREASURER	1.00	Officer Director	$0	$0	$0
MEAGAN ELLIOT	SECRETARY	1.00	Officer Director	$0	$0	$0
ALEXIS WILEY	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MATTHEW CULLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
DARIN MCKEEVER	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID MERRITT	BOARD MEMBER	1.00	Director	$0	$0	$0
JARED FLEISHER	BOARD MEMBER	1.00	Director	$0	$0	$0
JUA EPPERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIAM NOLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK WALLACE	BOARD MEMBER	1.00	Director	$0	$0	$0
PORTIA ROBERSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RUSHANN LONG	BOARD MEMBER	1.00	Director	$0	$0	$0
VICTORIA GRIFFIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LEONA MEDLEY	EXECUTIVE DIRECTOR	40.00	Highest	$136,077	$0	$136,077

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	$200,136	$502,419	$311,281	$-302,283
2022	$655,000	$204,767	$481,481	$450,233