VIBRANT FUTURES

EIN: 382066096 501(c)(3) Human Services

GRAND RAPIDS, MI

Total Revenue
$4,694,406
Total Expenses
$4,624,130
Total Assets
$1,300,240
Net Assets
$1,013,344
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MI
Principal Officer
CHANA EDMOND VERLEY
Phone
8004486995
Tax Period
2024-10-01 to 2025-09-30

VIBRANT FUTURES, founded in 2014, is a community nonprofit in the Human Services sector that reported $4.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

PROVIDE OPPORTUNITIES FOR CHILDREN AND YOUTH AND THOSE WHO CARE FOR THEM.

Program Service Accomplishments

Program 1
Expenses: $3,521,638 Revenue: $3,521,638

CHILD AND ADULT CARE FOOD PROGRAM - VIBRANT FUTURES IS A SPONSOR OF THE CHILD AND ADULT CARE FOOD PROGRAM FUNDED BY THE U.S. DEPARTMENT OF AGRICULTURE AND ADMINISTERED BY THE MICHIGAN DEPARTMENT OF...

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CHILD AND ADULT CARE FOOD PROGRAM - VIBRANT FUTURES IS A SPONSOR OF THE CHILD AND ADULT CARE FOOD PROGRAM FUNDED BY THE U.S. DEPARTMENT OF AGRICULTURE AND ADMINISTERED BY THE MICHIGAN DEPARTMENT OF EDUCATION. IT PROVIDES MONTHLY FINANCIAL REIMBURSEMENT FOR HEALTHY MEALS SERVED TO CHILDREN IN LICENSED AND RELATIVE CARE HOMES. 480 CHILD CARE PROVIDERS WERE HELPED TO PROVIDE NUTRITIOUS MEALS/SNACKS TO CHILDREN IN THEIR CARE, ENSURED NEARLY 1.8 MILLION MEALS SERVED TO YOUNG CHILDREN, AND 2.6 MILLION IN CASH REIMBURSEMENTS TO STRENGTHEN CHILD CARE BUSINESS THROUGH THIS PROGRAM.

Program 2
Expenses: $485,414 Revenue: $618,972

VIBRANT FUTURES SERVES AS THE FACILITATOR HUB FOR KENT COUNTY WORKING TO ONBOARD EMPLOYERS AND THEIR EMPLOYEES IN A THREE-WAY COST SHARE FOR CHILDCARE EXPENSES AND DISTRIBUTE PAYMENTS TO CHILDCARE...

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VIBRANT FUTURES SERVES AS THE FACILITATOR HUB FOR KENT COUNTY WORKING TO ONBOARD EMPLOYERS AND THEIR EMPLOYEES IN A THREE-WAY COST SHARE FOR CHILDCARE EXPENSES AND DISTRIBUTE PAYMENTS TO CHILDCARE PROVIDERS FOR GREATER AFFORDABILITY, ADDITIONALLY, FOR FAMILY CHILD CARE NETWORKING.

Program 3
Expenses: $302,890 Revenue: $320,000

PARENT COACHING THROUGH HOME VISITS AND PLAYGROUPS FUNDED BY FIRST STEPS AND KENT COUNTY THROUGH MILLAGE; DELIVERED TO CAREGIVERS TO REINFORCE STRATEGIES AND SKILLS IN SCAFFOLDING, LEARNING, AND...

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PARENT COACHING THROUGH HOME VISITS AND PLAYGROUPS FUNDED BY FIRST STEPS AND KENT COUNTY THROUGH MILLAGE; DELIVERED TO CAREGIVERS TO REINFORCE STRATEGIES AND SKILLS IN SCAFFOLDING, LEARNING, AND ENHANCING LITERACY DEVELOPMENT. NEARLY 300 PARENTS AND OTHER CAREGIVERS PARTICIPATED.

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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 $199,148
Program Service Revenue $4,460,610
Investment Income $34,648
Other Revenue $0
TOTAL REVENUE $4,694,406

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,143,238
Fundraising Expenses $1,680
Program Expenses $4,577,649
Other Expenses $3,480,892
TOTAL EXPENSES $4,624,130

Year-over-Year Comparison

2024 2023 Change
Revenue $4,694,406 $5,108,790 -0.1%
Expenses $4,624,130 $5,013,310 -0.1%
Net Income $70,276 $95,480 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
31
Volunteers
N/A

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
1
$130,821
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHANA EDMOND VERLEY CHIEF EXE OF 40.00
Officer
$130,821 $0 $130,821
MARY GREENE BOARD MEMBER 2.00
Director
$0 $0 $0
JASON REYES BOARD MEMBER 2.00
Director
$0 $0 $0
SCHERA SWAGERTY BOARD MEMBER 2.00
Director
$0 $0 $0
LEA TOBAR SECRETARY 2.00
Director
$0 $0 $0
BRAD WALENDZIK TREASURER 2.00
Director
$0 $0 $0
CHRIS WILLIAMS BOARD CHAIR 2.00
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 $4,694,406 $4,624,130 $1,300,240 $70,276
2024 $5,087,445 $5,021,624 $1,339,385 $65,821
2023 $5,108,828 $4,814,293 $1,384,667 $294,535
2022 $4,401,814 $4,102,540 $1,104,712 $299,274
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