HUDSONVILLE, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RONALD MCDONALD HOUSE CHARITIES OF OUTSTATE MI INC, founded in 1996, is a small nonprofit that reported $121K in total revenue in fiscal year 2022. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $871K exceeded revenue, resulting in a 618% operating deficit.
MISSION: TO CREATE, FIND AND SUPPORT PROGRAMS THAT DIRECTLY IMPROVE THE HEALTH AND WELL BEING OF CHILDREN
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $121,332 | $1,204,606 | -0.9% |
| Expenses | $870,740 | $1,142,229 | -0.2% |
| Net Income | $-749,408 | $62,377 | -13.0% |
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 |
|---|---|---|---|---|---|---|
| JULIE ARONICA | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| TERRI BEEBE | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| MARCIA BISHOP | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| MICHAEL BOHNSACK | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| GLEN V BORRE | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| ELLEN CARPENTER | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| LESA DION | RETIRED - ED | N/A |
Director
|
$0 | $0 | $0 |
| RENEE DRAVES | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| CAROLYN HURST | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| DANIEL KREFT | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| SIMONE MARGRAF | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| BILL MILLARD | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| RODNEY PRAHL | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| RYAN REARDON | DIRECTOR | N/A |
Director
|
$0 | $0 | $0 |
| MICHAEL RODEWALD | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $121,332 | $870,740 | No data | $-749,408 |
| 2021 | $1,204,606 | $1,142,229 | $921,535 | $62,377 |
| 2020 | $834,162 | $911,036 | $868,901 | $-76,874 |
| 2019 | $644,678 | $655,092 | $915,695 | $-10,414 |
| 2018 | $800,383 | $693,975 | $921,137 | $106,408 |
Compare RONALD MCDONALD HOUSE CHARITIES OF OUTSTATE MI INC with other nonprofits in Michigan and across the country.