HENRY FORD COLLEGE FOUNDATION

EIN: 382421276 501(c)(3) Education

DEARBORN, MI

Total Revenue
$3,614,052
Total Expenses
$2,457,253
Total Assets
$26,775,848
Net Assets
$26,265,280
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MI
Principal Officer
A REGINALD BEST
Phone
3138459620
Tax Period
2024-07-01 to 2025-06-30

HENRY FORD COLLEGE FOUNDATION, founded in 1982, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.2M, a strong 32% operating margin.

Mission

SUPPORT PROGRAMS & SERVICES AT HENRY FORD COLLEGE

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,313,973
Program Service Revenue $0
Investment Income $1,297,189
Other Revenue $2,890
TOTAL REVENUE $3,614,052

Expense Breakdown

Grants Paid $2,141,263
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,141,263
Other Expenses $315,990
TOTAL EXPENSES $2,457,253

Year-over-Year Comparison

2024 2023 Change
Revenue $3,614,052 $4,706,652 -0.2%
Expenses $2,457,253 $2,063,184 +0.2%
Net Income $1,156,799 $2,643,468 -0.6%
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

Sign In

Governance

Voting Members
21
Independent Members
20
Employees
N/A
Volunteers
100

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
8
$621,003
Total Directors
23
$410,124
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RUSSELL KAVALHUNA PRESIDENT OF HFC 0.10
Officer Director
$0 $6,080 $410,124
STEPHEN QUINLAN CHAIR - PART YEAR 0.10
Officer Director
$0 $0 $0
J MICHAEL KIRK CHAIR 0.10
Officer Director
$0 $0 $0
JEANNE MARTENS SECRETARY 0.10
Officer Director
$0 $0 $0
JOHN GRENKE TREASURER 0.10
Officer Director
$0 $0 $0
DENISE MCDONALD FORMER CHAIR 0.10
Officer Director
$0 $0 $0
ROBERT ABRAHAM DIRECTOR 0.10
Director
$0 $0 $0
CYNTHIA HANES BERRY DIRECTOR 0.10
Director
$0 $0 $0
FAY BEYDOUN DIRECTOR 0.10
Director
$0 $0 $0
TYRONE A CARTER DIRECTOR 0.10
Director
$0 $0 $0
RENATA CROOMS DIRECTOR - PART YEAR 0.10
Director
$0 $0 $0
BAHIYA FAWAZ DIRECTOR 0.10
Director
$0 $0 $0
JENNIFER DICKEY DIRECTOR - PART YEAR 0.10
Director
$0 $0 $0
JOAN HENNESSEY DIRECTOR 0.10
Director
$0 $0 $0
ERIC LONGS VICE CHAIR 0.10
Officer Director
$0 $0 $0
JACQUELINE LOVEJOY DIRECTOR 0.10
Director
$0 $0 $0
ANTHONY C MORTON DIRECTOR 0.10
Director
$0 $0 $0
MATT O'BRYAN DIRECTOR 0.10
Director
$0 $0 $0
ALAN R OSBORNE DIRECTOR 0.10
Director
$0 $0 $0
ROBERT L TURFE DIRECTOR 0.10
Director
$0 $0 $0
ROBERT ZAKAR DIRECTOR 0.10
Director
$0 $0 $0
MARGARET BLOHM DIRECTOR 0.10
Director
$0 $0 $0
IRENE WATTS DIRECTOR - PART YEAR 0.10
Director
$0 $0 $0
A REGINALD BEST EXECUTIVE DIRECTOR 0.10
Officer
$0 $12,795 $210,879
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 $3,614,052 $2,457,253 $26,775,848 $1,156,799
2024 $4,706,652 $2,063,184 $24,097,104 $2,643,468
2023 $2,815,277 $2,721,247 $20,018,212 $94,030
2022 $3,308,397 $2,174,133 $18,566,113 $1,134,264
2021 $3,456,033 $2,162,652 $22,250,998 $1,293,381
2020 $1,357,687 $1,295,984 $17,395,299 $61,703
2019 $1,441,941 $1,257,008 $16,362,013 $184,933
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HENRY FORD COLLEGE FOUNDATION with other nonprofits in Michigan and across the country.