JOAN ROSE FOUNDATION

EIN: 273057377 501(c)(3) Human Services

BIRMINGHAM, MI

Total Revenue
$305,889
Total Expenses
$261,336
Total Assets
$252,372
Net Assets
$198,345
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MI
Principal Officer
DAVID PALMER
Phone
9166742095
Tax Period
2025-01-01 to 2025-12-31

JOAN ROSE FOUNDATION, founded in 2011, is a small nonprofit in the Human Services sector that reported $306K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $261K left a modest 15% surplus.

Mission

Our mission is to provide impoverished Children in Haiti with the opportunity to achieve real success in life. We do this by providing food and healthcare for the cihldren while also enrolling them in private school and providing them tutoring and after school activities.

Program Service Accomplishments

Program 1
Expenses: $182,943 Revenue: $0

We run 3 feeding programs that provide lunch for children. The one in Bwa Bef serves about 200 children the one in Kay La Fond serves 250 children and the one in La Source serves 225 children.

Program 2
Expenses: $39,619 Revenue: $0

Salaries for our teachers are director. This is all money that was paid to Haitians working on the ground in Haiti with our chidren. It includes cooks teachers people to supervise the children and a...

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Salaries for our teachers are director. This is all money that was paid to Haitians working on the ground in Haiti with our chidren. It includes cooks teachers people to supervise the children and a director.

Program 3
Expenses: $31,652 Revenue: $0

Private School Tuition- We pay the tution of over 200 children to attend various private schools.

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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 (2025)

Revenue Breakdown

Contributions & Grants $305,889
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $305,889

Expense Breakdown

Grants Paid $259,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $261,336
Other Expenses $1,536
TOTAL EXPENSES $261,336

Year-over-Year Comparison

2025 2024 Change
Revenue $305,889 $275,500 +0.1%
Expenses $261,336 $270,448 0.0%
Net Income $44,553 $5,052 +7.8%
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

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Palmer President 20.00
Director
$0 $0 $0
Jeffrey Koons Board Member 0.00
Officer
$0 $0 $0
Daniel Stengel-Katebini Board Member 0.00
Officer
$0 $0 $0
Michael Lenchner Board Member 0.00
Officer
$0 $0 $0
Brannin Mcbee Board Member 0.00
Officer
$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 $305,889 $261,336 $252,372 $44,553
2025 $305,889 $261,336 $252,372 $44,553
2024 $275,500 $270,448 $220,360 $5,052
2023 $216,568 $239,011 $218,162 $-22,443
2023 $216,568 $239,011 $218,162 $-22,443
2022 $229,672 $227,835 $242,505 $1,837
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