THE GRANDVILLE EDUCATION FOUNDATION

EIN: 383012286 501(c)(3) Education

GRANDVILLE, MI

Total Revenue
$60,143
Total Expenses
$24,669
Total Assets
$1,065,364
Net Assets
$1,037,632
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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
1991
Legal Domicile
MI
Principal Officer
JASON CRONKRITE
Phone
6162546922
Tax Period
2023-07-01 to 2024-06-30

THE GRANDVILLE EDUCATION FOUNDATION, founded in 1991, is a micro nonprofit in the Education sector that reported $60K in total revenue in fiscal year 2023. The organization ran a surplus of $35K, a strong 59% operating margin.

Mission

SUPPORT OF GRANDVILLE PUBLIC SCHOOLS 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,197
Program Service Revenue $0
Investment Income $36,405
Other Revenue $5,541
TOTAL REVENUE $60,143

Expense Breakdown

Grants Paid $4,037
Salaries & Benefits $17,250
Fundraising Expenses $0
Program Expenses $4,037
Other Expenses $3,382
TOTAL EXPENSES $24,669

Year-over-Year Comparison

2023 2022 Change
Revenue $60,143 $61,658 0.0%
Expenses $24,669 $24,023 +0.0%
Net Income $35,474 $37,635 -0.1%
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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
20

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
4
$6,000
Total Directors
11
$11,250
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENDRA JOHNS EXEC DIRECTO 3.00
Director
$11,250 $0 $11,250
CHELSEA CONNER SECRETARY 1.00
Officer
$6,000 $0 $6,000
AMY BAILEY BOARD MEMBER 1.00
Director
$0 $0 $0
MARK BERGSMA BOARD MEMBER 1.00
Director
$0 $0 $0
BILL BOSS BOARD MEMBER 1.00
Director
$0 $0 $0
JEAN CARROLL-HAMILTON BOARD MEMBER 1.00
Director
$0 $0 $0
JASON CRONKRITE CURRENT PRES 1.00
Director
$0 $0 $0
REBECCA JIGGENS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE KIEFER BOARD MEMBER 1.00
Director
$0 $0 $0
MATT SHULTS BOARD MEMBER 1.00
Director
$0 $0 $0
NICOLE SWART BOARD MEMBER 1.00
Director
$0 $0 $0
JILL WHITCOMB BOARD MEMBER 1.00
Director
$0 $0 $0
TIM CLARK TREASURER/DI 1.00
Officer
$0 $0 $0
NICHOLE LEWIS VICE PRESIDE 1.00
Officer
$0 $0 $0
PAM SILVA FORMER PRESI 1.00
Officer
$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 $60,143 $24,669 $1,065,364 $35,474
2023 $61,658 $24,023 $918,812 $37,635
2022 $80,838 $29,033 $816,080 $51,805
2021 $50,245 $42,340 $919,788 $7,905
2020 $281,763 $37,878 $736,060 $243,885
2019 $70,705 $35,346 $540,239 $35,359
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