Southfield, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Spaulding for Children, founded in 1968, is a mid-sized nonprofit in the Human Services sector that reported $14.7M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $14.0M left a modest 5% surplus.
In partnership with diverse communities, Spaulding for Children's mission is to develop and integrate revolutionary and innovative programs that provide families the support needed to enhance the care of children and youth with the pursuit of permanency.
Child and Family Services (CFS)Spaulding for Children provided services to approximately 210 families throughout the year. 11 children/youth were reunited with parents and on average it took 10...
Child and Family Services (CFS)Spaulding for Children provided services to approximately 210 families throughout the year. 11 children/youth were reunited with parents and on average it took 10 months to return home. About 153 families also received services. We completed 8% more adoptions than the previous year and the WWK program exceeded their goal for adoptions by 60%.
Spaulding Institute and AcademyThe Academy and the Institute had a total of 4 federal grants over the past year. One grant received an approved extension to continue services, two grants were in year...
Spaulding Institute and AcademyThe Academy and the Institute had a total of 4 federal grants over the past year. One grant received an approved extension to continue services, two grants were in year 2 of a 5 year project and one grant was awarded but before the end of the fiscal year. One additional project is a subaward of another federal grant awarded to a different agency.
Scholarships for Children formerly served by the OrganizationSpaulding for Children provides scholarship funds to support youth interested in higher education. This year we sent applications to...
Scholarships for Children formerly served by the OrganizationSpaulding for Children provides scholarship funds to support youth interested in higher education. This year we sent applications to eligible people but did not receive any completed applications. No awards were provided.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $14,683,661 | $11,272,856 | +0.3% |
| Expenses | $14,019,376 | $11,054,063 | +0.3% |
| Net Income | $664,285 | $218,793 | +2.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kristi Plain | Board President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rodenna Miggins | Board Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Willie Smith | Board Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Edwards | Board Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeffery Bryngelson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Graham | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Alfred Jordan | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| DeAndre Lipscomb Sr | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Deborah Peay Wilson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Crystal Smith | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dave Superczynski | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| TeJuan Yelder | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Cristina Zatek | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Verna Green Ended | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Bruce Henderson Ended | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rhonda Jordan-Phillips Ended | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Edward Liversidge Ended | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kenneth Rice Ended | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Melissa Jenovai | President/CEO | 40.00 |
Officer
|
$150,800 | $31,170 | $181,970 |
| Doretha Morgan | VP of Finance | 40.00 |
Officer
|
$87,870 | $18,163 | $106,033 |
| Kris Henneman | VP of Institute | 40.00 |
Highest
|
$129,974 | $26,865 | $156,839 |
| Melinda Lis | VP of Academy | 40.00 |
Highest
|
$126,590 | $26,166 | $152,756 |
| Kristina Vaseau | VP of Child Family Services | 40.00 |
Highest
|
$110,968 | $22,937 | $133,905 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $14,683,661 | $14,019,376 | $11,623,868 | $664,285 |
| 2023 | $11,272,856 | $11,054,063 | $8,617,400 | $218,793 |
| 2022 | $10,216,119 | $9,533,810 | $7,623,371 | $682,309 |
| 2021 | $7,454,242 | $7,279,103 | $7,671,227 | $175,139 |
| 2020 | $7,308,989 | $7,530,290 | $7,425,127 | $-221,301 |
| 2019 | $11,145,018 | $10,898,277 | $8,029,108 | $246,741 |
| 2018 | $10,664,777 | $10,195,299 | $6,940,759 | $469,478 |
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