Love Your Neighbor of West Michigan (EIN 382578829) - Form 990 Financial Analysis & Trantor Score

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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

Formation Year

1988

Legal Domicile

Principal Officer

Jodi Cole Meyer

Tax Period

2023-07-01 to 2024-06-30

Love Your Neighbor of West Michigan, founded in 1988, is a community nonprofit in the Unknown sector that reported $2.2M in total revenue in fiscal year 2023. Revenue surged 131% from the prior year, signaling strong growth momentum.

Mission

Following Jesus Christ, who transforms lives, Love Your Neighbor equips our community to love, serve and connect with dignity.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,142,233

Program Service Revenue $976,695

Investment Income $34,992

Other Revenue $19,508

TOTAL REVENUE $2,173,428

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,131,774

Fundraising Expenses $125,896

Program Expenses $1,820,455

Other Expenses $1,079,825

TOTAL EXPENSES $2,211,599

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,173,428	$942,161	+1.3%
Expenses	$2,211,599	$1,039,456	+1.1%
Net Income	$-38,171	$-97,295	-0.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

375

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

$111,828

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jodi Cole Meyer	Executive Director	45.00	Officer	$95,241	$16,587	$111,828
Scott Kearney	Director	1.00	Director	$0	$0	$0
Olivia Freriks	Director	1.00	Director	$0	$0	$0
Jon VerLee	Director	1.00	Director	$0	$0	$0
Leanna Kermeen	Director	1.00	Director	$0	$0	$0
Tim Steenstra	Director	1.00	Director	$0	$0	$0
Sandy Bloem-Roskamp	President	2.00	Officer Director	$0	$0	$0
Ben Ipema	Treasurer	2.00	Officer Director	$0	$0	$0
Lori Grysen	Secretary	2.00	Officer 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	No data	No data	No data	No data
2024	$2,173,428	$2,211,599	$3,710,499	$-38,171
2023	$942,161	$1,039,456	$3,665,608	$-97,295
2022	$2,297,480	$2,043,552	$3,748,568	$253,928
2021	$2,037,076	$1,957,813	$3,581,957	$79,263
2020	$1,881,642	$1,718,486	$3,439,803	$163,156
2019	$1,935,898	$2,043,348	$3,286,102	$-107,450
2018	$2,110,881	$2,061,152	$3,334,806	$49,729

Love Your Neighbor of West Michigan