GRANDVILLE FRIENDSHIP HOMES (EIN 383062896) - Form 990 Financial Analysis & Trantor Score

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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

1993

Legal Domicile

Principal Officer

ED PETERS

Phone

6162490000

Tax Period

2021-04-01 to 2022-03-31

GRANDVILLE FRIENDSHIP HOMES, founded in 1993, is a micro nonprofit that reported $89K in total revenue in fiscal year 2021. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $394K exceeded revenue, resulting in a 342% operating deficit.

Mission

TO PROVIDE HOUSING FOR PHYSICALLY CHALLENGED ADULTS

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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 (2021)

Revenue Breakdown

Contributions & Grants $58,886

Program Service Revenue $221,523

Investment Income $-191,280

Other Revenue $0

TOTAL REVENUE $89,129

Expense Breakdown

Grants Paid $0

Salaries & Benefits $211,459

Fundraising Expenses $0

Program Expenses $394,265

Other Expenses $182,806

TOTAL EXPENSES $394,265

Year-over-Year Comparison

	2021	2020	Change
Revenue	$89,129	$251,055	-0.6%
Expenses	$394,265	$251,271	+0.6%
Net Income	$-305,136	$-216	+1411.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY KING	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE PALMA	DIRECTOR	1.00	Director	$0	$0	$0
MARCIA VANDER PLOEG	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE WELTON	DIRECTOR	1.00	Director	$0	$0	$0
JIM MELLEMA	VICE PRESIDE	1.00	Officer	$0	$0	$0
ED PETERS	PRESIDENT	1.00	Officer	$0	$0	$0
SUZANNE RICHARDS	SECRETARY	1.00	Officer	$0	$0	$0
CRAIG VANDENBOS	TREASURER	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
2022	$89,129	$394,265	No data	$-305,136
2021	$251,055	$251,271	$313,207	$-216
2020	$236,947	$248,425	$312,200	$-11,478
2019	$230,871	$264,238	$319,568	$-33,367

GRANDVILLE FRIENDSHIP HOMES