GRAND RAPIDS CHRISTIAN SCHOOL FOUNDATION

EIN: 237017305 501(c)(3)

GRAND RAPIDS, MI

Total Revenue
$1,488,857
Total Expenses
$1,785,616
Total Assets
$22,104,458
Net Assets
$21,899,452
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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
1965
Legal Domicile
MI
Principal Officer
JIM PRIMUS
Phone
6165746000
Tax Period
2023-07-01 to 2024-06-30

GRAND RAPIDS CHRISTIAN SCHOOL FOUNDATION, founded in 1965, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 20% operating deficit.

Mission

TO UNDERWRITE GRAND RAPIDS CHRISTIAN SCHOOLS BY PROVIDING RESOURCES TO SUPPORT ACTIVITIES LIKE,FACULTY PROFESSIONAL DEVELOPMENT, FACILITY OPERATIONAL COSTS, AND FAMILIES WHO ARE UNABLE TO AFFORD THE FULL COST OF TUITION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $718,530
Program Service Revenue $0
Investment Income $770,327
Other Revenue $0
TOTAL REVENUE $1,488,857

Expense Breakdown

Grants Paid $1,156,650
Salaries & Benefits $0
Fundraising Expenses $515,640
Program Expenses $1,166,495
Other Expenses $628,966
TOTAL EXPENSES $1,785,616

Year-over-Year Comparison

2023 2022 Change
Revenue $1,488,857 $4,498,076 -0.7%
Expenses $1,785,616 $1,582,965 +0.1%
Net Income $-296,759 $2,915,111 -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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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

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Governance

Voting Members
7
Independent Members
6
Employees
N/A
Volunteers
13

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
4
$470,045
Total Directors
7
$266,702
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CINDY BRINK PRESIDENT 1.00
Officer Director
$0 $0 $0
JORDAN BUSH SECRETARY 1.00
Officer Director
$0 $0 $0
PHIL HAAN DIRECTOR 1.00
Director
$0 $0 $0
DAVE VANWINGERDEN DIRECTOR 1.00
Director
$0 $0 $0
TOM DEJONGE SUPERINTENDENT - SUPPORTED 1.00
Officer Director
$0 $15,120 $266,702
JAMIE KUIPER DIRECTOR 1.00
Director
$0 $0 $0
MIKE MEEUWSON DIRECTOR 1.00
Director
$0 $0 $0
JIM PRIMUS CFO - SUPPORTED ORGANIZATI 1.00
Officer
$0 $28,215 $203,343
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
2025 No data No data No data No data
2024 $1,488,857 $1,785,616 $22,104,458 $-296,759
2023 $4,498,076 $1,582,965 $20,489,675 $2,915,111
2022 $2,278,190 $1,299,803 $20,326,242 $978,387
2021 $1,835,766 $1,613,369 $22,456,531 $222,397
2020 $819,139 $1,761,563 $17,714,698 $-942,424
2019 $2,975,843 $1,898,156 $18,554,735 $1,077,687
2018 $1,313,076 $1,508,435 $16,646,310 $-195,359
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