LIFE CIRCLES

EIN: 260170498 501(c)(3) Human Services

Muskegon, MI

Total Revenue
$44,264,259
Total Expenses
$43,239,509
Total Assets
$26,814,295
Net Assets
$22,985,195
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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
2007
Legal Domicile
MI
Principal Officer
Steve Fetyko
Phone
2317338686
Tax Period
2024-07-01 to 2025-06-30

LIFE CIRCLES, founded in 2007, is a mid-sized nonprofit in the Human Services sector that reported $44.3M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Life Circles supports vulnerable individuals and their care partners by providing compassionate, comprehensive team based care that honors their health care preferences and their desire to remain living in the community.

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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 $773,213
Program Service Revenue $43,004,262
Investment Income $380,272
Other Revenue $106,512
TOTAL REVENUE $44,264,259

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,184,678
Fundraising Expenses $0
Program Expenses $39,004,678
Other Expenses $32,054,831
TOTAL EXPENSES $43,239,509

Year-over-Year Comparison

2024 2023 Change
Revenue $44,264,259 $40,260,193 +0.1%
Expenses $43,239,509 $38,609,303 +0.1%
Net Income $1,024,750 $1,650,890 -0.4%
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
9
Independent Members
5
Employees
185
Volunteers
23

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
$552,720
Total Directors
9
$850,558
Key Employees
1
$187,465
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Steve Fetyko Treasurer 2.00
Officer Director
$0 $34,324 $552,720
Luke Reynolds Director 2.00
Director
$0 $29,304 $297,838
Daniel Caldwell Physician Assistant 50.00
Highest
$190,343 $13,165 $203,508
Heidi Gras Executive Director 50.00
Key Emp
$168,300 $19,165 $187,465
Shauna Wishka Director of Clinical Services 50.00
Highest
$149,857 $20,489 $170,346
Michelle Faber Nurse Practitioner 50.00
Highest
$133,022 $24,734 $157,756
Kelly Clark-Adler Senior Director of IDT 50.00
Highest
$124,750 $23,794 $148,544
Cheryl Fowler Clinic Supervisor 50.00
Highest
$128,884 $7,010 $135,894
Mike Brecht Chairman 2
Officer Director
$0 $0 $0
Sheyenne Cole Director 2
Director
$0 $0 $0
Greg LaPres Director 1.00
Director
$0 $0 $0
Michelle Klanke Director 2
Director
$0 $0 $0
Edgar Watson Director 2.00
Director
$0 $0 $0
Pam Curtis Vice Chair 3.00
Officer Director
$0 $0 $0
Michael Hill Director 2.00
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
2025 $44,264,259 $43,239,509 $26,814,295 $1,024,750
2024 $40,260,193 $38,609,303 $27,640,493 $1,650,890
2023 $37,848,412 $32,757,967 $26,737,701 $5,090,445
2022 $32,923,569 $30,030,433 $21,040,430 $2,893,136
2021 $31,605,005 $25,535,138 $20,352,108 $6,069,867
2020 $29,891,824 $26,545,202 $17,378,485 $3,346,622
2019 $26,845,664 $26,103,274 $13,733,398 $742,390
2018 $24,937,189 $24,663,768 $14,805,571 $273,421
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