Lansing, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Food Bank Council of Michigan Inc, founded in 1984, is a major nonprofit that reported $132.8M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring.
The Food Bank Council of Michigan provides statewide leadership to food banks in their efforts to alleviate hunger through the distribution of surplus food to those in need.
USDA - Programs that distribute USDA commodities to member food banks.
Processing - Program that is dedicated to harvesting, cleaning, packaging, and distributing surplus agricultural commodities.
Transportation - Program used to transport food to/from sources both within and outside the State of Michigan. Funded by grants from the State of Michigan Department of Social Services and private...
Transportation - Program used to transport food to/from sources both within and outside the State of Michigan. Funded by grants from the State of Michigan Department of Social Services and private donations.
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 | $132,763,489 | $175,789,562 | -0.2% |
| Expenses | $132,700,315 | $175,655,382 | -0.2% |
| Net Income | $63,174 | $134,180 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| Kara Ross | Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Piggott | Vice Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Gerry Brisson Ended | Past Chairman | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Paula Cunningham | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Michelle Lantz | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Peter Vogel | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Eileen Spring | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Dominick Pallone | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Kenneth Estelle | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Adrian Lewis | Trustee | 0.50 |
Director
|
$0 | $0 | $0 |
| Dr Phillip Knight | Executive Director | 40.00 |
Officer
|
$268,786 | $8,258 | $277,044 |
| Chad Schafer | Chief Financial Officer | 40.00 |
Officer
|
$45,868 | $13,012 | $58,880 |
| Dawn Opal | Chief Innovation Officer | 40.00 |
Key Emp
|
$171,082 | $13,012 | $184,094 |
| Marsha Keefer | Chief Operating Officer | 40.00 |
Highest
|
$145,571 | $11,643 | $157,214 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $132,763,489 | $132,700,315 | $5,907,248 | $63,174 |
| 2024 | $175,789,562 | $175,655,382 | $6,714,437 | $134,180 |
| 2023 | $105,541,290 | $105,492,531 | $5,761,684 | $48,759 |
| 2022 | $99,053,292 | $99,059,418 | $4,664,587 | $-6,126 |
| 2021 | $165,817,709 | $165,749,389 | $6,936,316 | $68,320 |
| 2020 | $124,917,911 | $124,907,649 | $6,125,735 | $10,262 |
| 2019 | $78,473,047 | $78,443,987 | $2,463,920 | $29,060 |
| 2018 | $31,626,419 | $31,592,881 | $2,671,978 | $33,538 |
Compare Food Bank Council of Michigan Inc with other nonprofits in Michigan and across the country.