Philanthropy & Grantmaking
(T50)
990 on File
WEST MICHIGAN FRIENDSHIP CENTER
Financial strength (30%)
83/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$177K
Total Revenue
$153K
Total Expenses
$90K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.0%
Fundraising Efficiency
0.0%
Operating Reserve
7.06x
Liability-to-Asset
0.0%
Revenue Diversification
92.9%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 26,148 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.0% | 90.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.0% | 7.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 7.3% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.1 mo | 106.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.9% | 90.6% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-4.5% | 4.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-10.4% | 2.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.3% | -10.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $177K | $153K | $90K | 93.0% | 3 |
| 2022 | $185K | $171K | $67K | 58.3% | 2 |
| 2021 | $322K | $148K | N/A | — | 2 |
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