GRAND HAVEN, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOVE INC OF THE TRI-CITIES, founded in 2002, is a community nonprofit in the Human Services sector that reported $5.3M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $4.8M left a modest 10% surplus.
TO EXALT JESUS CHRIST BY MOBILIZING CHURCHES, CORPORATIONS, AND INDIVIDUALS IN THE TRI-CITIES TO MEET THE NEEDS OF OUR COMMUNITY. LOVE IN ACTION OVERSEES 32 DIFFERENT MINISTRIES DESIGNED TO HELP THOSE WHO ARE HURTING PHYSICALLY, SPIRTUALLY, OR EMOTIONALLY.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $5,268,070 | $4,174,270 | +0.3% |
| Expenses | $4,762,665 | $4,414,573 | +0.1% |
| Net Income | $505,405 | $-240,303 | -3.1% |
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 |
|---|---|---|---|---|---|---|
| JOSH BYTWERK | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$95,202 | $2,648 | $97,850 |
| STEVE CARLISLE | CHAIR | 2.50 |
Officer
Director
|
$0 | $0 | $0 |
| CECIL MACLAREN | VICE CHAIR | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| LARRY RITSEMA | TREASURER | 2.50 |
Officer
Director
|
$0 | $0 | $0 |
| ABBY EMMERICH | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM CASEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CINDY WHALEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID TENCATE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACEY WEATHERWAX | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM KRAMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TAMMY OBERLE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $5,268,070 | $4,762,665 | $6,760,832 | $505,405 |
| 2024 | $4,174,270 | $4,414,573 | $5,604,728 | $-240,303 |
| 2023 | $4,277,628 | $3,965,217 | $5,853,896 | $312,411 |
| 2022 | $3,574,853 | $3,650,346 | $5,544,061 | $-75,493 |
| 2021 | $3,879,360 | $3,339,349 | $5,616,528 | $540,011 |
| 2020 | $3,122,623 | $3,326,335 | $5,071,060 | $-203,712 |
| 2019 | $2,976,693 | $3,238,858 | $5,247,229 | $-262,165 |
Compare LOVE INC OF THE TRI-CITIES with other nonprofits in Michigan and across the country.