OAKLAND COUNTY ECONOMIC DEVELOPMENT AND GROWTH ALLIANCE (EIN 881664174) - 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

2022

Legal Domicile

Principal Officer

LAURA DODD

Phone

2486020040

Tax Period

2023-01-01 to 2023-12-31

OAKLAND COUNTY ECONOMIC DEVELOPMENT AND GROWTH ALLIANCE, founded in 2022, is a mid-sized nonprofit in the Community Improvement sector that reported $11.5M in total revenue in fiscal year 2023. The organization ran a surplus of $8.3M, a strong 72% operating margin.

Mission

WE FOCUS ON BRIDGING ECONOMIC DISPARITIES, FOSTERING INCLUSIVE GROWTH, AND ENSURING EQUITABLE OPPORTUNITIES BY LEVERAGING A NETWORK OF DIVERSE PARTNERS.

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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 $11,535,303

Program Service Revenue $0

Investment Income $15,948

Other Revenue $-12,000

TOTAL REVENUE $11,539,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,845,117

Fundraising Expenses $0

Program Expenses $2,755,398

Other Expenses $1,350,025

TOTAL EXPENSES $3,195,142

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,539,251	N/A	N/A
Expenses	$3,195,142	N/A	N/A
Net Income	$8,344,109	N/A	N/A

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

$310,773

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SEAN CARLSON	CHAIRMAN	3.00	Officer Director	$0	$0	$0
ALAN KIRILUK	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
SHANNON STEELE	TREASURER	1.50	Officer Director	$0	$0	$0
RENEE AXT	SECRETARY	1.00	Officer Director	$0	$0	$0
GRACE LEE	TRUSTEE	1.00	Director	$0	$0	$0
VICTORIA SELVA	CEO	40.00	Officer	$175,460	$413	$175,873
LAURA DODD	COO	40.00	Officer	$121,154	$6,396	$127,550
GLORIA LARKINS	FRACTIONAL CFO	20.00	Officer	$7,350	$0	$7,350

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	$11,539,251	$3,195,142	$8,598,556	$8,344,109

OAKLAND COUNTY ECONOMIC DEVELOPMENT AND GROWTH ALLIANCE