MAGGIE'S WIGS4KIDS OF MICHIGAN INC

EIN: 200374667 501(c)(3) Human Services

ST CLAIR SHORES, MI

Total Revenue
$889,856
Total Expenses
$895,955
Total Assets
$1,837,107
Net Assets
$1,822,613
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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MI
Principal Officer
MARY VARNEY-BIELAT
Phone
5867726656
Tax Period
2023-01-01 to 2023-12-31

MAGGIE'S WIGS4KIDS OF MICHIGAN INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $890K in total revenue in fiscal year 2023. Net assets of $1.8M represent 25 months of operating reserves.

Mission

MAGGIE'S WIGS 4 KIDS OF MICHIGAN WELLNESS CENTER PROVIDES HAIR REPLACEMENT UNITS AND SUPPORT SERVICES TO HELP THE SELF-ESTEEM OF MICHIGAN CHILDREN AS THEY JOURNEY THROUGH THEIR HEALTH CHALLENGE, EMPOWERING THEM TO LOOK AND FEEL BETTER.

Program Service Accomplishments

Program 1
Expenses: $803,859

"IN 2023, MAGGIE'S WIGS 4 KIDS OF MICHIGAN HAD 112 WIG CONSULTATIONS, FITTINGS AND SELF-IMAGE SERVICE APPOINTMENTS FOR THE CHILDREN IN OUR PROGRAM. 249 WIG RECIPIENTS, THEIR PARENTS & SIBLINGS...

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"IN 2023, MAGGIE'S WIGS 4 KIDS OF MICHIGAN HAD 112 WIG CONSULTATIONS, FITTINGS AND SELF-IMAGE SERVICE APPOINTMENTS FOR THE CHILDREN IN OUR PROGRAM. 249 WIG RECIPIENTS, THEIR PARENTS & SIBLINGS PARTICIPATED IN SUPPORT SERVICES SUCH AS MAKEUP & SKIN CARE CLASSES, GARDENING, THEMED TEA PARTIES IN OUR ENCHANTED TEA ROOM, A FIELD TRIP TO THE DETROIT ZOO AND MORE. WE CONTINUED TO OFFER ONSITE AND VIRTUAL WIG CONSULTATIONS VIA ZOOM TO MEASURE THE CHILDREN'S HEADS RIGHT FROM THEIR HOSPITAL BEDS WITH THE ASSISTANCE OF NURSE NAVIGATORS AND CHILD LIFE SPECIALISTS.THE NONPROFIT HAS SERVICED CHILDREN & FAMILIES FROM 55 MICHIGAN COUNTIES AND CONTINUES TO WORK WITH ALL 8 HOSPITALS IN MICHIGAN THAT PROVIDE PEDIATRIC ONCOLOGY, U OF M BURN CENTER, PHOENIX BURN SOCIETY, TRICHOTILLOMANIA LEARNING CENTER, PEDIATRICIANS, DERMATOLOGISTS, SCHOOLS, CHURCHES, ETC.IN 2023, MAKEUP & SKIN CARE CLASSES WERE EXPANDED UPON, WHICH HELP THE CHILDREN'S SELF-ESTEEM THROUGH A POSITIVE SELF-IMAGE. THE CLASSES ARE FACILITATED THROUGHOUT THE YEAR BY MAGGIE VARNEY, FOUNDER & CEO AND PROFESSIONAL MAKEUP ARTISTS FROM MULTIMEDIA MAKEUP ACADEMY. THE NEW VR 4 KIDS PROGRAM WAS LAUNCHED IN 2023 IT PROVIDES VIRTUAL REALITY HEADSETS TO WIG RECIPIENTS FOR A 30-DAY PERIOD WHERE THEY CAN UTILIZE THEM FOR PAIN MANAGEMENT, MEDITATION & RELAXATION WHETHER IN THE HOSPITAL OR AT HOME. A TOTAL OF 5,436 SERVICE HOURS WERE CONTRIBUTED BY 200 VOLUNTEERS OVER THE COURSE OF 2023 WHICH INCLUDES PROFESSIONAL & NONPROFESSIONAL VOLUNTEERS, BOARD, ADVISORY BOARD, HONORARY BOARD & YOUTH BOARD MEMBERS, MAGGIE'S WIGS 4 KIDS OF MICHIGAN EMPLOYEES AND MAGGIE VARNEY, FOUNDER & CEO TO HELP GROW THE PROGRAM. MAGGIE'S WIGS 4 KIDS OF MICHIGAN CONTINUES TO BE EMBRACED BY THE BEAUTY INDUSTRY; RECEIVING SUPPORT FROM 1,133 COSMETOLOGY SCHOOLS, SALONS AND BEAUTY PROFESSIONAL VOLUNTEERS. THE ORGANIZATION WAS RECERTIFIED PLATINUM LEVEL THROUGH GUIDESTAR BY CANDID IN 2023. LESS THAN HALF OF ONE PERCENT OF ALL NONPROFITS ACHIEVE THIS RECOGNITION. THEY ARE RE-EVALUATED & HONORED YEARLY AFTER MEETING STANDARDS OF FINANCIAL TRANSPARENCY. 2023 ALSO MARKED THE FIRST YEAR MAGGIE'S WIGS 4 KIDS OF MICHIGAN WAS PRESENTED WITH AN AWARD BY CHARITY NAVIGATOR 4 STARS THE HIGHEST A CHARITY CAN RECEIVE FROM THIS WATCHDOG GROUP FOR ITS CONTINUED COMMITMENT TO ORGANIZATIONAL EXCELLENCE. MAGGIE'S WIGS 4 KIDS OF MICHIGAN CONTINUES ITS ADVOCACY EFFORTS TO APPROACH INSURANCE COMPANIES ABOUT COVERING THE COST OF A CHILD'S WIG LIKE ANY OTHER PROSTHETIC. THE ORGANIZATION PURSUES LEGISLATIVE SUPPORT TO GET A BILL PASSED TO SECURE NECESSARY FUNDING TOWARD PROVIDING WIGS TO MEET THE CHILDREN'S NEEDS. IT WAS FORTUNATE TO BE AWARDED AN ENHANCEMENT GRANT TO HELP PROVIDE WIGS, SUPPORT SERVICES AND IMPROVE INFRASTRUCTURE AT THE WELLNESS CENTER. HAIR DONATIONS WERE RECEIVED BY 68 COUNTRIES AROUND THE WORLD IN 2023: 16,404 PONYTAILS WERE GIVEN BY GENEROUS INDIVIDUALS TO BE MADE INTO WIGS FOR THE CHILDREN OF MICHIGAN."

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $767,581
Program Service Revenue $0
Investment Income $7,094
Other Revenue $115,181
TOTAL REVENUE $889,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $302,628
Fundraising Expenses $30,916
Program Expenses $803,859
Other Expenses $593,327
TOTAL EXPENSES $895,955

Year-over-Year Comparison

2023 2022 Change
Revenue $889,856 $876,196 +0.0%
Expenses $895,955 $828,035 +0.1%
Net Income $-6,099 $48,161 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
200

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
3
$81,953
Total Directors
8
$81,953
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY VARNEY-BIELAT PRESIDENT, FOUNDER & CEO 40.00
Officer Director
$0 $1 $81,953
CHERYL COLLIER VICE CHAIR 1.00
Officer Director
$0 $0 $0
GRACE CRACCHIOLO MEMBER AT LARGE 1.00
Director
$0 $0 $0
RON FREDERICK SECRETARY 1.00
Officer Director
$0 $0 $0
STUART NATHAN MEMBER AT LARGE 1.00
Director
$0 $0 $0
ANNE NICOLAZZO MEMBER AT LARGE 1.00
Director
$0 $0 $0
KARLA ORLANDO MEMBER AT LARGE 1.00
Director
$0 $0 $0
KEVIN POSTILL MEMBER AT LARGE 1.00
Director
$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 $889,856 $895,955 $1,837,107 $-6,099
2022 $876,196 $828,035 $1,609,946 $48,161
2021 $911,958 $720,539 $1,557,249 $191,419
2021 $911,958 $720,539 $1,557,249 $191,419
2020 $694,436 $531,862 $1,415,132 $162,574
2019 $935,264 $572,130 $1,323,343 $363,134
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