Okemos, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Michigan Academy of Family Physicians Foundation, founded in 1981, is a small nonprofit that reported $190K in total revenue in fiscal year 2025. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $43K, a strong 23% operating margin.
Since 1981, the foundation's mission has been to promote continuing, comprehensive, and cost-effective care to MI residents by supporting the MAFP as its philanthropic arm, assisting in the development of programs to promote family medicine in MI and assisting in the education and training of family physicians, residents, and medical students.
Provide educational opportunities, scholarships, and programs for family med students and residents. Provide CME for family physicians and community outreach and research initiatives.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $189,842 | $253,757 | -0.3% |
| Expenses | $147,060 | $185,023 | -0.2% |
| Net Income | $42,782 | $68,734 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| Beena Nagappala MD MPH FAAFP | President | 1.00 |
Officer
Director
|
$0 | $0 | $3,150 |
| Glenn DreganskyDO FAAFP Ended | President | 1.00 |
Officer
Director
|
$0 | $0 | $1,800 |
| Rachel M Klamo DO MS FAAFP | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $10,100 |
| Robert Jackson MD MMM FAAFP | Secretary/Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jeanette Wilson MD | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Bradford Woelke MD Ended | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Amy McKenzie MD MBA Ended | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Elizabeth Pionk DO FAAFP | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Aloff MD FAAFP Ended | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| David Kazanowski MD | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Srikar Reddy FAAFP MD | Trustee | 1.00 |
Director
|
$0 | $0 | $1,800 |
| Amy Milewski MD MBA FAAFP | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Karlene Ketola MSA CAE | Executive VP | 1.00 |
Officer
|
$0 | $37,758 | $197,258 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $189,842 | $147,060 | $719,092 | $42,782 |
| 2024 | $253,757 | $185,023 | $609,790 | $68,734 |
| 2023 | $174,846 | $129,280 | $592,405 | $45,566 |
| 2022 | $207,496 | $132,308 | $476,978 | $75,188 |
| 2021 | $69,999 | $19,958 | $439,499 | $50,041 |
| 2020 | $55,784 | $36,441 | $375,433 | $19,343 |
| 2019 | $165,031 | $158,441 | $347,646 | $6,590 |
Compare Michigan Academy of Family Physicians Foundation with other nonprofits in Michigan and across the country.