LILLEY CARES

EIN: 301221662 501(c)(3) Community Improvement

FRUITPORT, MI

Total Revenue
$65,548
Total Expenses
$71,691
Total Assets
$3,201,656
Net Assets
$3,199,778
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MI
Principal Officer
KATHERINE MOLINARI
Phone
2312153853
Tax Period
2024-01-01 to 2024-12-31

LILLEY CARES, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $66K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Net assets of $3.2M represent 586 months of operating reserves.

Mission

SINCE ITS INCEPTION, LILLEY CARES' HISTORIC PURPOSE HAS BEEN TO SERVE THE SPRING LAKE COMMUNITY AND ITS LOCAL NON-PROFIT ORGANIZATIONS THROUGH THE INITIATION AND SUPPORT OF LOCAL EVENTS, FESTIVALS, AND BEAUTIFICATION EFFORTS. JUST AS THE LILLEY MANSION HAS INSPIRED US AS A SYMBOL OF A BOTH HISTORIC AND REBORN SPRING LAKE, LILLEY CARES MOVES FORWARD TO A NEW PHASE OF ITS MISSION MADE POSSIBLE BY THE GIFT OF THE BEAUTIFUL HAMPTON GREEN FARM. LILLEY CARES HAS ACCEPTED THIS GIFT WITH THE VISION OF A UNIQUE EVENT AND RETREAT VENUE SERVING NONPROFITS AND THE COMMUNITY ALIKE. LILLEY CARES' STEWARDSHIP OF HAMPTON GREEN FARM WILL MEAN WE CAN PARTNER MORE DYNAMICALLY WITH CHARITIES, EDUCATIONAL ORGANIZATIONS, SERVICE ORGANIZATIONS, AND LOCAL BUSINESS TO WORK TOWARD MAKING SPRING LAKE AND THE SURROUNDING COMMUNITIES A BETTER PLACE TO LIVE, WORK, AND RAISE THE NEXT GENERATION OF CITIZENS AND PHILANTHROPISTS.

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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 $83,679
Program Service Revenue $31,730
Investment Income $0
Other Revenue $-49,861
TOTAL REVENUE $65,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $70,981
Other Expenses $71,691
TOTAL EXPENSES $71,691

Year-over-Year Comparison

2024 2023 Change
Revenue $65,548 $3,230,139 -1.0%
Expenses $71,691 $33,825 +1.1%
Net Income $-6,143 $3,196,314 -1.0%
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
6
Independent Members
6
Employees
N/A
Volunteers
7

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
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM VAN KAMPEN PRESIDENT 5.00
Officer Director
$0 $0 $0
KATHERINE MOLINARI TREASURER 5.00
Officer Director
$0 $0 $0
PATRICK ROGGENBAU VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
LAURA MOLINARI DIRECTOR 3.00
Director
$0 $0 $0
MORGAN MOLINARI DIRECTOR 3.00
Director
$0 $0 $0
MCKENSIE GENTRY DIRECTOR 3.00
Director
$0 $0 $0
DENISE KURDZIEL EXECUTIVE DIRECTOR 25.00
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
2024 $65,548 $71,691 $3,201,656 $-6,143
2023 $3,230,139 $33,825 $3,205,921 $3,196,314
2023 $3,230,139 $33,825 $3,205,921 $3,196,314
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