SOUTH WEST AREA NEIGHBORS INC

EIN: 383083747 501(c)(3) Community Improvement

GRAND RAPIDS, MI

Total Revenue
$77,417
Total Expenses
$59,208
Total Assets
$56,299
Net Assets
$56,299
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MI
Tax Period
2024-07-01 to 2025-06-30

SOUTH WEST AREA NEIGHBORS INC, founded in 1992, is a micro nonprofit in the Community Improvement sector that reported $77K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 24% operating margin.

Mission

ENHANCE AND PRESERVE THE QUALITY OF LIFE FOR INDIVIDUALS AND FAMILIES ON GRAND RAPIDS WEST SIDE. FOSTER AND SUPPORT A RACIALLY, ETHNICALY, ECONOMICALLY AND SOCIALLY DIVERSE COMMUNITY. DESIGN AND ENFORCE STANDARDS FOR THE SOCIAL, ECONOMIC AND PHYSICAL WELLBEING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $76,314
Program Service Revenue $0
Investment Income $1,103
Other Revenue $0
TOTAL REVENUE $77,417

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,270
Fundraising Expenses $0
Program Expenses $51,800
Other Expenses $16,938
TOTAL EXPENSES $59,208

Year-over-Year Comparison

2024 2023 Change
Revenue $77,417 $46,126 +0.7%
Expenses $59,208 $60,601 0.0%
Net Income $18,209 $-14,475 -2.3%
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
9
Independent Members
9
Employees
1
Volunteers
2

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONNAE CRAWFORD BOARD MEMBER 0.00
Director
$0 $0 $0
CHRIS SWANK BOARD MEMBER 0.00
Director
$0 $0 $0
NATHAN MEHMED BOARD MEMBER 0.00
Director
$0 $0 $0
JAY VANDENBOSCH BOARD MEMBER 0.00
Director
$0 $0 $0
SANFORD CUMMINGS BOARD MEMBER 0.00
Director
$0 $0 $0
MARGO SODINI JOHNSON PRESIDENT 0.00
Officer
$0 $0 $0
PETER CARLBERG VICE PRESIDENT 0.00
Officer
$0 $0 $0
ERIN STEENHOEK SECRETARY 0.00
Officer
$0 $0 $0
CHRISTINA FEYMEYER TREASURER 0.00
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 $77,417 $59,208 $56,299 $18,209
2024 No data No data No data No data
2022 $66,215 $60,338 $31,783 $5,877
2019 $62,651 $59,826 $14,121 $2,825
2018 $60,123 $60,090 $12,983 $33
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