Michigan Alliance For Business Growth

EIN: 274892968

Grand Rapids, MI

Total Revenue
$640,740
Total Expenses
$778,474
Total Assets
$711,080
Net Assets
$312,330
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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
2011
Legal Domicile
MI
Principal Officer
RICK BAKER
Phone
6164854312
Tax Period
2024-01-01 to 2024-12-31

Michigan Alliance For Business Growth, founded in 2011, is a small nonprofit that reported $641K in total revenue in fiscal year 2024. Expenses of $778K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE WEST MICHIGAN POLICY FORUM SEEKS TO CREATE JOBS AND OPPORTUNITIES THROUGHOUT MICHIGAN BY REMOVING BARRIERS TO COMPETITIVENESS AND EMPOWERING GRASSROOTS ADVOCACY WITHIN THE

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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 $623,750
Program Service Revenue $12,125
Investment Income $4,865
Other Revenue $0
TOTAL REVENUE $640,740

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $610,517
Other Expenses $774,474
TOTAL EXPENSES $778,474

Year-over-Year Comparison

2024 2023 Change
Revenue $640,740 $628,513 +0.0%
Expenses $778,474 $542,916 +0.4%
Net Income $-137,734 $85,597 -2.6%
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
37
Independent Members
37
Employees
N/A
Volunteers
37

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
37
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN KENNEDY CHAIR 3.0
Officer Director
$0 $0 $0
MATTHEW HAWORTH VICE CHAIR 2.0
Officer Director
$0 $0 $0
JEFF CONNOLLY TREASURER 2.0
Officer Director
$0 $0 $0
RICK BAKER SECRETARY 3.0
Officer Director
$0 $0 $0
GERRY ANDERSON BOARD MEMBER 1.0
Director
$0 $0 $0
JOHNNY BRANN JR BOARD MEMBER 2.0
Director
$0 $0 $0
CRAIG DENOOYER BOARD MEMBER 1.0
Director
$0 $0 $0
DOUG DEVOS PAST CHAIR 3.0
Director
$0 $0 $0
Dick DeVos BOARD MEMBER 1.0
Director
$0 $0 $0
Doug Dozeman BOARD MEMBER 1.0
Director
$0 $0 $0
JOHN HENDRICKSON BOARD MEMBER 1.0
Director
$0 $0 $0
MIKE HILL BOARD MEMBER 1.0
Director
$0 $0 $0
JC HUIZENGA BOARD MEMBER 1.0
Director
$0 $0 $0
TAMMY BORN HUIZENGA BOARD MEMBER 1.0
Director
$0 $0 $0
MICHAEL JANDERNOA POLICY CHAIR 3.0
Director
$0 $0 $0
Joe Hune BOARD MEMBER 1.0
Director
$0 $0 $0
Tony Sarsam BOARD MEMBER 1.0
Director
$0 $0 $0
DIANE MAHER BOARD MEMBER 1.0
Director
$0 $0 $0
DAN MEYERING BOARD MEMBER 1.0
Director
$0 $0 $0
MARK MURRAY BOARD MEMBER 1.0
Director
$0 $0 $0
BOB SCHERMER JR BOARD MEMBER 1.0
Director
$0 $0 $0
Tina Freese-Decker BOARD MEMBER 1.0
Director
$0 $0 $0
GINNY SEYFERTH BOARD MEMBER 1.0
Director
$0 $0 $0
ROGER SPOELMAN BOARD MEMBER 3.0
Director
$0 $0 $0
STEVE VAN ANDEL BOARD MEMBER 1.0
Director
$0 $0 $0
MIKE VANGESSEL BOARD MEMBER 1.0
Director
$0 $0 $0
SEAN WELSH BOARD MEMBER 1.0
Director
$0 $0 $0
TOM WELCH BOARD MEMBER 1.0
Director
$0 $0 $0
Marc Schupan BOARD MEMBER 1.0
Director
$0 $0 $0
Craig D'Agostini BOARD MEMBER 1.0
Director
$0 $0 $0
Garrick Rochow BOARD MEMBER 1.0
Director
$0 $0 $0
Frank Wheatlake BOARD MEMBER 1.0
Director
$0 $0 $0
MARK WASSINK BOARD MEMBER 1.0
Director
$0 $0 $0
ROBERT H SCHIERBEEK BOARD MEMBER 1.0
Director
$0 $0 $0
TOM ROSS BOARD MEMBER 1.0
Director
$0 $0 $0
RONALD GRIFKA BOARD MEMEBER 1.0
Director
$0 $0 $0
KYLE VERPLANK BOARD MEMBER 1.0
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 $640,740 $778,474 $711,080 $-137,734
2023 $534,263 $542,916 $649,064 $-8,653
2022 $777,235 $477,230 $787,717 $300,005
2021 $490,021 $455,613 $262,212 $34,408
2020 $746,680 $608,190 $218,304 $138,490
2019 $243,021 $408,172 $79,814 $-165,151
2018 $853,328 $853,887 $281,757 $-559
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