JOHN GEORGE JR PARAGRAPH X TRUST ACCT 656P 1045001860 C/O COMERICA (EIN 911956771) - 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

1939

Legal Domicile

Principal Officer

BARBARA GEISMAN MEYERS

Phone

2486454227

Tax Period

2023-01-01 to 2023-12-31

JOHN GEORGE JR PARAGRAPH X TRUST ACCT 656P 1045001860 C/O COMERICA, founded in 1939, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $6.4M exceeded revenue, resulting in a 481% operating deficit.

Mission

TO PROVIDE LOW COST COLLEGE LOANS TO STUDENTS FROM JACKSON AREA HIGH SCHOOLS.

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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 $0

Program Service Revenue $311,109

Investment Income $780,752

Other Revenue $2,606

TOTAL REVENUE $1,094,467

Expense Breakdown

Grants Paid $5,899,171

Salaries & Benefits $132,000

Fundraising Expenses $0

Program Expenses $6,225,144

Other Expenses $325,380

TOTAL EXPENSES $6,356,551

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,094,467	$1,152,585	-0.1%
Expenses	$6,356,551	$1,729,036	+2.7%
Net Income	$-5,262,084	$-576,451	+8.1%

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

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

$132,000

Total Directors

$132,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN S KANE	TRUSTEE	7.00	Officer Director	$44,000	$0	$44,000
BARBARA GEISMAN MEYERS	TRUSTEE	7.00	Officer Director	$44,000	$0	$44,000
EDWIN PAYNE	TRUSTEE	7.00	Officer Director	$44,000	$0	$44,000
N/A	TRUSTEE	N/A		$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	No data	No data	No data	No data
2023	$1,094,467	$6,356,551	$24,979,829	$-5,262,084
2022	$1,152,585	$1,729,036	$30,242,126	$-576,451
2021	$964,781	$1,896,567	$30,751,512	$-931,786
2020	$759,092	$1,809,337	$31,737,433	$-1,050,245
2019	$810,751	$1,105,608	$32,774,050	$-294,857
2018	$1,111,268	$858,296	$33,063,416	$252,972

JOHN GEORGE JR PARAGRAPH X TRUST ACCT 656P 1045001860 C/O COMERICA