WEST MICHIGAN SUSTAINABLE BUSINESS FORUM (EIN 263787387) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Tax Period

2023-06-01 to 2024-05-31

WEST MICHIGAN SUSTAINABLE BUSINESS FORUM, founded in 2000, is a small nonprofit in the Education sector that reported $876K in total revenue in fiscal year 2023. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $225K, a strong 26% operating margin.

Mission

We promote business practices that advance climate leadership, social justice and the creation of a circular economy.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $876,242

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $876,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $366,078

Fundraising Expenses $2,535

Program Expenses $552,371

Other Expenses $285,028

TOTAL EXPENSES $651,106

Year-over-Year Comparison

	2023	2022	Change
Revenue	$876,242	$501,913	+0.7%
Expenses	$651,106	$458,089	+0.4%
Net Income	$225,136	$43,824	+4.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

Key Employees

$77,918

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL SCHOONMAKER	EXECUTIVE DIRECTOR	40.00	Key Emp	$77,918	$0	$77,918
KARI BLISS	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT CHARON	BOARD MEMBER	2.00	Director	$0	$0	$0
ROGER CARGILL	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN WILSON	BOARD MEMBER	2.00	Director	$0	$0	$0
KATIE CHAPMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
MISTI STANTON	BOARD MEMBER	2.00	Director	$0	$0	$0
DEVAN DODGE	BOARD MEMBER	2.00	Director	$0	$0	$0
JESSICA LODING	BOARD MEMBER	2.00	Director	$0	$0	$0
WARDELL FRAZIER	BOARD MEMBER	2.00	Director	$0	$0	$0
ERIK DALY	PRESIDENT	2.00	Officer Director	$0	$0	$0
ALLMON FOSTER	SECRETARY	2.00	Officer Director	$0	$0	$0
JIM ROBERTS	TREASURER	2.00	Officer Director	$0	$0	$0
MAUREEN STROUD	VICE CHAIR	2.00	Officer 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	No data	No data	No data	No data
2024	$876,242	$651,106	$494,357	$225,136
2023	$501,913	$458,089	$255,534	$43,824
2022	$428,613	$302,846	$214,032	$125,767
2021	$192,211	$216,545	$94,970	$-24,334
2020	$208,195	$207,324	$93,632	$871

WEST MICHIGAN SUSTAINABLE BUSINESS FORUM