GRAND RAPIDS EDUCATION ASSOCIATION

EIN: 381723781

ADA, MI

Total Revenue
$113,693
Total Expenses
$154,814
Total Assets
$923,532
Net Assets
$923,532
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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
1934
Legal Domicile
MI
Principal Officer
MATTHEW MARLOW
Phone
6169574732
Tax Period
2024-09-01 to 2025-08-31

GRAND RAPIDS EDUCATION ASSOCIATION, founded in 1934, is a small nonprofit that reported $114K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $155K exceeded revenue, resulting in a 36% operating deficit.

Mission

TO IMPROVE EDUCATION, TO ADVANCE THE INTERESTS OF EDUCATION AND EDUCATORS, AND TO PROMOTE THE PROFESSIONAL GROWTH OF ITS MEMBERS.

Program Service Accomplishments

Program 1

BARGAINING AND CONTRACT MAINTENANCE

Program 2

PUBLIC RELATIONS

Program 3

DEVELOP PROGRAMS TO ASSIST THE GENERAL MEMBERSHIP IN THEIR PROFESSIONAL DEVELOPMENT: PROVIDE TRAINING TO HELP MEMBERS.

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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 $0
Program Service Revenue $96,403
Investment Income $17,290
Other Revenue $0
TOTAL REVENUE $113,693

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,665
Fundraising Expenses $0
Other Expenses $69,149
TOTAL EXPENSES $154,814

Year-over-Year Comparison

2024 2023 Change
Revenue $113,693 $94,274 +0.2%
Expenses $154,814 $184,849 -0.2%
Net Income $-41,121 $-90,575 -0.5%
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
15
Independent Members
14
Employees
3
Volunteers
300

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
$89,660
Total Directors
15
$89,660
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW MARLOW PRESIDENT 40.00
Officer Director
$12,000 $77,660 $89,660
JAMIE DEVOE ITINERANT REPRESENTATIVE 0.50
Director
$0 $0 $0
BLAKE REID ELEMENTARY REPRESENTATIVE 0.50
Director
$0 $0 $0
CARA WILLIAMS-GARDNER ELEMENTARY REPRESENTATIVE 0.50
Director
$0 $0 $0
LYNSIE ROBINS GSRP REPRESENTATIVE 0.50
Director
$0 $0 $0
PAMELA SEALES MINORITY REPRESENTATIVE 0.50
Director
$0 $0 $0
NOEMI TOBAR-ARELLANO MINORITY REPRESENTATIVE 0.50
Director
$0 $0 $0
MARIA UMANA MINORITY REPRESENTATIVE 0.50
Director
$0 $0 $0
FRAN FOLEY ANCILLARY REPRESENTATIVE 0.50
Director
$0 $0 $0
THOMAS HONE MIDDLE SCHOOL REP. 0.50
Director
$0 $0 $0
KAITLYN HOLMWOOD SPECIAL EDUCATION REP. 0.50
Director
$0 $0 $0
KEVIN MAHAR HIGH SCHOOL REPRESENTATIVE 0.50
Director
$0 $0 $0
RENEE TAYLOR SECRETARY 1.00
Officer Director
$0 $0 $0
DAN SLAGTER TREASURER 1.00
Officer Director
$0 $0 $0
JAYNE NIEMANN VICE PRESIDENT 1.00
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 $113,693 $154,814 $923,532 $-41,121
2024 $94,274 $184,849 $919,281 $-90,575
2023 $90,734 $109,353 $843,914 $-18,619
2022 $95,950 $137,422 $801,716 $-41,472
2021 $118,092 $158,216 $948,111 $-40,124
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