OSTEOPATHIC FOUNDATION OF WEST MI

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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

JOSE INFANTE

Phone

2317200288

Tax Period

2024-01-01 to 2024-12-31

OSTEOPATHIC FOUNDATION OF WEST MI, founded in 1988, is a small nonprofit that reported $609K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $110K, a strong 18% operating margin.

Mission

SUPPORT PROGRAMS WHICH PRODUCE ADVANCES ON ISSUES OF IMPORTANCE TO OSTEOPATHIC MEDICINE AND THE COMMUNITY'S HEALTH AND WELFARE.

Program Service Accomplishments

Program 1

Expenses: $222,952 Revenue: $493,210

BETTER THE LIVES OF AREA RESIDENTS THROUGH INVESTING AND ADMINISTERING GIFTS AND ISSUING GRANTS FOR SPECIFIC CHARITABLE AND EDUCATIONAL PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,773

Program Service Revenue $24,193

Investment Income $580,939

Other Revenue $0

TOTAL REVENUE $608,905

Expense Breakdown

Grants Paid $107,304

Salaries & Benefits $160,755

Fundraising Expenses $17,452

Program Expenses $222,952

Other Expenses $230,457

TOTAL EXPENSES $498,516

Year-over-Year Comparison

	2024	2023	Change
Revenue	$608,905	$643,592	-0.1%
Expenses	$498,516	$508,354	0.0%
Net Income	$110,389	$135,238	-0.2%

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

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

$55,483

Total Directors

$128,878

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABBEI MONROE	ASSOCIATE DIRECTOR	40.00	Director	$71,335	$2,060	$73,395
JOSE INFANTE	PRESIDENT	40.00	Officer Director	$55,483	$0	$55,483
PATRICIA J ROY DO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DENNIS CHERETTE CCIM	SECRETARY	1.00	Officer Director	$0	$0	$0
ROGER SPOELMAN DBA	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN MCDONALD DO	DIRECTOR EMERITUS	1.00	Director	$0	$0	$0
LANA JOUBERT DO	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN GRILL DO	DIRECTOR	1.00	Director	$0	$0	$0
FREDRIC D LEVIN DO	DIRECTOR	1.00	Director	$0	$0	$0
CAROL MARKIEWICZ DO	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS GRAFF DO	DIRECTOR	1.00	Director	$0	$0	$0
GARY ALLORE	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN T WISNESKI	DIRECTOR	1.00	Director	$0	$0	$0
MARK F FAZAKERLEY	DIRECTOR	1.00	Director	$0	$0	$0
RACHAEL FOLKMIER-LANE DO	DIRECTOR	1.00	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
2024	$608,905	$498,516	$10,701,035	$110,389
2023	$643,592	$508,354	$10,558,782	$135,238
2022	$861,795	$422,095	$10,015,538	$439,700
2021	$1,454,427	$464,016	$11,783,251	$990,411
2020	$1,536,807	$473,699	$9,729,892	$1,063,108
2019	$1,275,779	$476,601	$8,782,239	$799,178
2018	$169,870	$419,035	$8,181,682	$-249,165