FRIENDS OF THE RAMSDELL

EIN: 383117557 501(c)(3) Philanthropy & Grantmaking

MANISTEE, MI

Total Revenue
$526,746
Total Expenses
$539,964
Total Assets
$39,530
Net Assets
$22,112
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
MI
Principal Officer
EDWARD BRADFORD
Phone
2313982804
Tax Period
2022-07-01 to 2023-06-30

FRIENDS OF THE RAMSDELL, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $527K in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year.

Mission

RESTORATION AND MAINTENANCE OF HISTORICAL SITE, LIVE MUSIC PERFORMANCES, OTHER QUALITY ARTS PROGRAMMING SUCH AS ART EXHIBITS, CLASSES AND WORKSHOPS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $219,051
Program Service Revenue $182,099
Investment Income $0
Other Revenue $125,596
TOTAL REVENUE $526,746

Expense Breakdown

Grants Paid $0
Salaries & Benefits $147,198
Fundraising Expenses $18,264
Program Expenses $489,090
Other Expenses $392,766
TOTAL EXPENSES $539,964

Year-over-Year Comparison

2022 2021 Change
Revenue $526,746 $638,721 -0.2%
Expenses $539,964 $610,258 -0.1%
Net Income $-13,218 $28,463 -1.5%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
7
Volunteers
50

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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD BRADFORD TREASURER N/A
Officer
$0 $0 $0
NANCY FERGUSON PRESIDENT N/A
Officer
$0 $0 $0
VIRGINIA PELTON VICE PRESIDE N/A
Officer
$0 $0 $0
BILL CONNOR SECRETARY N/A
Officer
$0 $0 $0
STEVE GROWCOCK BOARD MEMBER N/A
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
2023 $526,746 $539,964 $39,530 $-13,218
2022 $638,721 $610,258 $153,284 $28,463
2021 $384,708 $391,802 $61,085 $-7,094
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FRIENDS OF THE RAMSDELL with other nonprofits in Michigan and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.