Grand Rapids, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Refugee Education Center, founded in 2006, is a community nonprofit in the Civil Rights & Advocacy sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $721K, a strong 26% operating margin.
To support refugee children and families to gain the necessary skills for seamless and successful integration into the community through providing comprehensive educational support and youth development services, along with fostering cultural knowledge and understanding.
Comprehensive support for K-12 refugee students that a) expose participants to new topics, themes, and culture they will encounter in their new school in an effort to prepare students to enter and...
Comprehensive support for K-12 refugee students that a) expose participants to new topics, themes, and culture they will encounter in their new school in an effort to prepare students to enter and excel in the classroom; b) prepares high-school students through individualized support in order to complete high school and transition successfully into continuing education or job force; c) tutors and mentors students to supplement literacy, language development, socio-emotional well-being. 573 students were served during 2024.
Provides children of refugee background, aged 0-3, with culturally responsive and multilingual early childhood education. Its primary purpose is to support the children's development to match the...
Provides children of refugee background, aged 0-3, with culturally responsive and multilingual early childhood education. Its primary purpose is to support the children's development to match the development of American born peers. Additionally, this program creates economic opportunities for refugee adults through direct employment, and for those who are learning or working elsewhere and need quality childcare. 35 children were served during 2024.
Service to provide parent and caregiver school orientation, school enrollment aid, and assistance with parent-teacher conferences and parent/student workshops. Additionally, referral services are...
Service to provide parent and caregiver school orientation, school enrollment aid, and assistance with parent-teacher conferences and parent/student workshops. Additionally, referral services are provided to families and individuals to Refugee Education Center programs and services as well as our partners' direct service programs and/or other state-funded benefit programs. Household and family stability support is central, addressing issues of health, education, and economic stability. 381 students enrolled in school across 18 districts and over 299 family units were served in 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,778,352 | $1,455,639 | +0.9% |
| Expenses | $2,057,132 | $1,943,610 | +0.1% |
| Net Income | $721,220 | $-487,971 | -2.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Blerta Bushati | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Nichole Northern | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Rebecca Chabot | Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Rima Shah | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Daniel Brubaker | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Kathryn VanOveren | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Kara Van Dam | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Paula Bishop-Schuiteman | Vice Chair | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Margaret Derrer | Executive Director | 40.00 |
Officer
|
$119,023 | $907 | $119,930 |
| Erin VanMaanen | Chief Operating Officer | 40.00 |
Officer
|
$80,133 | $3,703 | $83,836 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,778,352 | $2,057,132 | $1,611,262 | $721,220 |
| 2023 | $1,455,639 | $1,943,610 | $886,503 | $-487,971 |
| 2022 | $1,648,288 | $2,022,526 | $1,407,144 | $-374,238 |
| 2021 | $1,907,383 | $2,155,206 | $1,768,268 | $-247,823 |
| 2020 | $2,603,690 | $1,668,499 | $2,138,448 | $935,191 |
| 2019 | $1,159,857 | $1,188,759 | $1,022,279 | $-28,902 |
| 2018 | $1,302,902 | $763,698 | $1,040,584 | $539,204 |
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