GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MENTAL HEALTH FOUNDATION OF WEST MICHIGAN, founded in 1990, is a small nonprofit in the Mental Health sector that reported $829K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 35% operating deficit.
TO IMPROVE AND PROMOTE UNDERSTANDING OF AND CARE FOR MENTAL HEALTH IN THE COMMUNITY.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $828,790 | $1,399,306 | -0.4% |
| Expenses | $1,117,101 | $1,010,903 | +0.1% |
| Net Income | $-288,311 | $388,403 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| CHRISTINE BUCK | CEO & PRESIDENT | 55.00 |
Officer
Director
|
$139,415 | $6,848 | $146,263 |
| KATIE FERRIS | CO-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LORI BALOW | CO-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| D BRADLEY GILL | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN KOTWICK JR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL BURDO | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TERRI DEBOER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BEVERLY RYSKAMP | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN DAVIS PHD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAL DEKUIPER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHERI DEVOS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF EARDLEY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF ELHART | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTEN SINKE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LARRY HINES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NANCY FRENCH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SYDNEY DEVOS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL NANZER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $828,790 | $1,117,101 | $2,912,965 | $-288,311 |
| 2023 | $1,399,306 | $1,010,903 | $3,120,960 | $388,403 |
| 2022 | $2,128,918 | $1,029,283 | $2,364,356 | $1,099,635 |
| 2021 | $1,095,941 | $765,311 | $1,264,465 | $330,630 |
| 2020 | $856,210 | $851,965 | $944,623 | $4,245 |
| 2019 | $876,220 | $693,385 | $936,169 | $182,835 |
Compare MENTAL HEALTH FOUNDATION OF WEST MICHIGAN with other nonprofits in Michigan and across the country.