Food Bank Council of Michigan Inc

EIN: 382515765 501(c)(3)

Lansing, MI

Total Revenue
$132,763,489
Total Expenses
$132,700,315
Total Assets
$5,907,248
Net Assets
$1,753,576
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MI
Principal Officer
Dr Phillip Knight
Phone
5174851202
Tax Period
2024-10-01 to 2025-09-30

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.

Mission

Alleviate and prevent hunger amongst Michigan residents.

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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 $132,295,630
Program Service Revenue $453,032
Investment Income $14,827
Other Revenue $0
TOTAL REVENUE $132,763,489

Expense Breakdown

Grants Paid $127,796,433
Salaries & Benefits $2,211,447
Fundraising Expenses $132,456
Program Expenses $131,793,665
Other Expenses $2,692,435
TOTAL EXPENSES $132,700,315

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
9
Independent Members
9
Employees
21
Volunteers
9

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
7
$335,924
Total Directors
10
$0
Key Employees
1
$184,094
Highest Compensated
1
reported
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
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 $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
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