FA-HO-LO FAMILY INC

EIN: 382528634 501(c)(3)

MUSKEGON, MI

Total Revenue
$806,926
Total Expenses
$810,819
Total Assets
$238,822
Net Assets
$232,792
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer
JAMES N SEEWALD
Tax Period
2023-10-01 to 2024-09-30

FA-HO-LO FAMILY INC is a small nonprofit that reported $807K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

PROVIDE A HIGH QUALITY RESIDENTIAL ENVIRONMENT FOR DEVELOPMENTALLY DISABLED PERSONS AND PROVIDE ACTIVITIES DESIGNED TO ENCOURAGE THE DEVELOPMENT OF PERSONAL LIVING AND SOCIAL SKILLS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $806,926
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $806,926

Expense Breakdown

Grants Paid $0
Salaries & Benefits $628,676
Fundraising Expenses $0
Program Expenses $791,405
Other Expenses $182,143
TOTAL EXPENSES $810,819

Year-over-Year Comparison

2023 2022 Change
Revenue $806,926 $715,412 +0.1%
Expenses $810,819 $712,982 +0.1%
Net Income $-3,893 $2,430 -2.6%
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
3
Independent Members
3
Employees
20
Volunteers
N/A

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
3
$52,000
Total Directors
2
$52,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES N SEEWALD DIR 30.00
Officer Director
$52,000 $0 $52,000
CHRIS LINK DIR 1.00
Officer Director
$0 $0 $0
DONALD TEJCHMA DIR 1.00
Officer
$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 No data No data No data No data
2024 $806,926 $810,819 $238,822 $-3,893
2023 $715,412 $712,982 $242,338 $2,430
2022 $775,286 $700,348 $235,500 $74,938
2021 $618,052 $579,602 $167,815 $38,450
2020 $573,825 $518,469 $142,829 $55,356
2019 $523,666 $492,326 $105,426 $31,340
2018 $522,659 $502,368 $94,318 $20,291
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