MIDLAND, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MIDLAND AREA COMMUNITY FOUNDATION, founded in 1973, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $15.7M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.1M, a strong 20% operating margin.
OUR MISSION IS TO PROVIDE PHILANTHROPIC LEADERSHIP TO STRENGTHEN OUR COMMUNITY BY FOSTERING COLLABORATION AND GIVING TODAY AND IN THE FUTURE. SINCE 1973, MIDLAND AREA COMMUNITY FOUNDATION HAS PROVIDED AN AVENUE FOR INDIVIDUALS AND ORGANIZATIONS TO CHANGE THE COMMUNITY THROUGH PHILANTHROPIC GIVING. MACF AWARDS GRANTS AND SCHOLARSHIPS, OFFERS THE ABILITY FOR INDIVIDUALS AND FAMILIES TO INVEST IN THE COMMUNITY, AND SERVES AS A CATALYST FOR COLLABORATION AND CHANGE BY LEADING COMMUNITY DIALOGUE AND ACTION ON CRITICAL ISSUES.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $15,713,381 | $13,513,786 | +0.2% |
| Expenses | $12,605,675 | $12,575,682 | +0.0% |
| Net Income | $3,107,706 | $938,104 | +2.3% |
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 |
|---|---|---|---|---|---|---|
| SHARON MORTENSEN | PRESIDENT/CE | 40.00 |
Officer
|
$210,282 | $29,175 | $239,457 |
| KYLE FAHRNER | CFO | 40.00 |
Officer
|
$134,146 | $13,018 | $147,164 |
| WILLIAM GARCHOW | CHAIR | 4.00 |
Director
|
$0 | $0 | $0 |
| ANN HOLMON | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| KATIE HORNING | TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALI HUNTOON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| NOAH KENT | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JON LYNCH | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| LOU MENCIA | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| GRANT MURSCHEL | PART-YEAR TR | 1.00 |
Director
|
$0 | $0 | $0 |
| MWEMBA MWEMBA | PART-YEAR TR | 1.00 |
Director
|
$0 | $0 | $0 |
| DICK PETERSON | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF PROVENZANO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| GERALDINE READO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTIN STEHOUWER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBORAH STEPHENS | VICE CHAIR | 2.00 |
Director
|
$0 | $0 | $0 |
| MIKE WEIDEMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $15,713,381 | $12,605,675 | $138,820,946 | $3,107,706 |
| 2023 | $13,513,786 | $12,575,682 | $125,987,299 | $938,104 |
| 2022 | $16,911,059 | $13,749,116 | $114,895,702 | $3,161,943 |
| 2021 | $15,682,318 | $10,779,956 | $135,269,470 | $4,902,362 |
| 2020 | $11,959,875 | $9,631,074 | $121,202,704 | $2,328,801 |
| 2019 | $10,436,815 | $7,094,567 | $110,680,869 | $3,342,248 |
| 2018 | $13,505,878 | $7,622,610 | $94,332,894 | $5,883,268 |
Compare MIDLAND AREA COMMUNITY FOUNDATION with other nonprofits in Michigan and across the country.