LITTLE BROTHERS FRIENDS OF THE ELD… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

MICHELLE KOVACHICH

Phone

9064826944

Tax Period

2024-10-01 to 2025-09-30

LITTLE BROTHERS FRIENDS OF THE ELDERLY UPPER MICHIGAN CHAPTER, founded in 1985, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $206K, a strong 17% operating margin.

Mission

TO RELIEVE ISOLATION AND LONELINESS AMONG OLDER ADULTS THROUGH FRIENDSHIP, SOCIAL EVENTS, NON-EMERGENT MEDICAL TRANSPORTATION, AND OTHER SERVICES.

Program Service Accomplishments

Program 1

Expenses: $264,379

SOCIAL ACTIVITIES: OLDER ADULTS ARE INVITED TO PARTICIPATE IN SOCIAL GATHERINGS TO CELEBRATE SPECIAL OCCASIONS, EVENTS, AND HOLIDAYS. THESE ACTIVITIES FOSTER CONNECTION, FRIENDSHIP, AND A SENSE OF...

SOCIAL ACTIVITIES: OLDER ADULTS ARE INVITED TO PARTICIPATE IN SOCIAL GATHERINGS TO CELEBRATE SPECIAL OCCASIONS, EVENTS, AND HOLIDAYS. THESE ACTIVITIES FOSTER CONNECTION, FRIENDSHIP, AND A SENSE OF BELONGING. VOLUNTEERS ENGAGE PARTICIPANTS THROUGH CONVERSATION, HELPING TO CREATE WELCOMING ENVIRONMENTS THAT REDUCE SOCIAL ISOLATION.

Program 2

Expenses: $120,855

FRIENDLY VISITING PROGRAM: OLDER ADULTS EXPERIENCING LONELINESS ARE PAIRED WITH A CARING VISITING COMPANION. VISITS FOCUS ON MEANINGFUL CONNECTION AND MAY INCLUDE COFFEE AND CONVERSATION, PREPARING A FAVORITE MEAL, OR LEARNING SOMETHING NEW TOGETHER. IT'S ABOUT SPENDING TIME, LISTENING, AND ENJOYING EACH OTHER'S COMPANY.

Program 3

Expenses: $150,792

MEDICAL TRANSPORTATION PROGRAM: VOLUNTEERS PROVIDE DOOR-THROUGH-DOOR NON- EMERGENT MEDICAL TRANSPORTATION FOR OLDER ADULTS WHO LACK AN AFFORDABLE ALTERNATIVE. THE PROGRAM OFFERS BOTH STANDARD AND...

MEDICAL TRANSPORTATION PROGRAM: VOLUNTEERS PROVIDE DOOR-THROUGH-DOOR NON- EMERGENT MEDICAL TRANSPORTATION FOR OLDER ADULTS WHO LACK AN AFFORDABLE ALTERNATIVE. THE PROGRAM OFFERS BOTH STANDARD AND WHEELCHAIR-ACCESSIBLE RIDES, ALONG WITH ASSISTANCE, COMPANIONSHIP, AND A REASSURING PRESENCE THROUGHOUT THE TRIP.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,116,074

Program Service Revenue $0

Investment Income $25,797

Other Revenue $60,961

TOTAL REVENUE $1,202,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $570,694

Fundraising Expenses $97,382

Program Expenses $751,065

Other Expenses $425,808

TOTAL EXPENSES $996,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,202,832	$1,302,230	-0.1%
Expenses	$996,502	$886,536	+0.1%
Net Income	$206,330	$415,694	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

1191

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

Total Directors

$84,889

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL KORPELA	EXECUTIVE DI	40.00	Director	$74,268	$10,621	$84,889
KYLA COLE	PRESIDENT	0.69	Officer Director	$0	$0	$0
JEFF VEUM	VICE PRESIDE	0.46	Director	$0	$0	$0
KYLE KUMPULA	TREASURER	0.46	Officer Director	$0	$0	$0
MICHELLE KOVACHICH	SECRETARY	0.69	Officer Director	$0	$0	$0
THERESA CHERUBINI	DIRECTOR	0.69	Director	$0	$0	$0
DAVID CROWLEY	DIRECTOR	0.46	Director	$0	$0	$0
SYD FAASSEN	DIRECTOR	0.46	Director	$0	$0	$0
RUTH ROBB	DIRECTOR	0.46	Director	$0	$0	$0
STEVE SABATINI	DIRECTOR	0.46	Director	$0	$0	$0
KIM DUNNEBACKE	DIRECTOR	0.46	Director	$0	$0	$0
CINDY HINKEL	DIRECTOR	0.46	Director	$0	$0	$0
BRYANT WEATHERS	DIRECTOR	0.46	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	$1,202,832	$996,502	$1,668,641	$206,330
2024	$1,302,230	$886,536	$1,406,811	$415,694
2023	$1,052,948	$877,357	$973,419	$175,591
2022	$978,721	$884,234	$720,544	$94,487
2021	$939,765	$791,029	$716,497	$148,736
2020	$733,655	$759,709	$577,501	$-26,054
2019	$749,453	$732,876	$489,942	$16,577
2018	$694,002	$694,974	$400,341	$-972

LITTLE BROTHERS FRIENDS OF THE ELDERLY UPPER MICHIGAN CHAPTER