The Refugee Education Center

EIN: 061770896 501(c)(3) Civil Rights & Advocacy

Grand Rapids, MI

Total Revenue
$2,778,352
Total Expenses
$2,057,132
Total Assets
$1,611,262
Net Assets
$1,494,856
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
MI
Principal Officer
Margaret Derrer
Phone
6162479611
Tax Period
2024-01-01 to 2024-12-31

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.

Mission

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.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,763,726
Program Service Revenue $0
Investment Income $13,610
Other Revenue $1,016
TOTAL REVENUE $2,778,352

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,487,811
Fundraising Expenses $175,048
Program Expenses $1,448,779
Other Expenses $569,321
TOTAL EXPENSES $2,057,132

Year-over-Year Comparison

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%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
45
Volunteers
152

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
6
$203,766
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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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