RENEW MOBILITY

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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

CURTIS BALLAST

Phone

6164932620

Tax Period

2025-01-01 to 2025-12-31

RENEW MOBILITY, founded in 1993, is a small nonprofit in the Human Services sector that reported $285K in total revenue in fiscal year 2025. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $362K exceeded revenue, resulting in a 27% operating deficit.

Mission

ENHANCE INDEPENDENCE THROUGH ACCESS TO MOBILITY EQUIPMENT.

Program Service Accomplishments

Program 1

Expenses: $290,653 Revenue: $250

ALTERNATIVES IN MOTION ENHANCES INDEPENDENCE THROUGH ACCESS TO MOBILITY EQUIPMENT. THE VISION IS TO BE THE CENTRAL HUB IN WEST MICHIGAN FOR RECYCLING, DISTRIBUTING, AND MAINTAINING MOBILITY DEVICES...

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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 (2025)

Revenue Breakdown

Contributions & Grants $281,817

Program Service Revenue $250

Investment Income $3,230

Other Revenue $0

TOTAL REVENUE $285,297

Expense Breakdown

Grants Paid $0

Salaries & Benefits $255,617

Fundraising Expenses $22,176

Program Expenses $290,653

Other Expenses $106,019

TOTAL EXPENSES $361,636

Year-over-Year Comparison

	2025	2024	Change
Revenue	$285,297	$430,602	-0.3%
Expenses	$361,636	$394,089	-0.1%
Net Income	$-76,339	$36,513	-3.1%

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

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
DEREK CORNWALL	PRESIDENT	5.00	Director	$0	$0	$0
MATT FEIGHNER	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
JILL STRAUB	SECRETARY	5.00	Officer Director	$0	$0	$0
MICHAEL PRATT	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN SOMMER	DIRECTOR	2.00	Director	$0	$0	$0
HOLLEY GRIEVES	DIRECTOR	2.00	Director	$0	$0	$0
JANE WEATHERFORD	DIRECTOR	2.00	Director	$0	$0	$0
VICTOR SULTANA	DIRECTOR	2.00	Director	$0	$0	$0
LISA LUCKEY	DIRECTOR	2.00	Director	$0	$0	$0
JOEY FOLEY	DIRECTOR	2.00	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
2025	$285,297	$361,636	$959,183	$-76,339
2024	$430,602	$394,089	$902,299	$36,513
2023	$385,502	$344,101	$866,798	$41,401
2022	$438,681	$288,916	$817,778	$149,765
2021	$218,026	$167,344	$563,356	$50,682
2020	$275,775	$165,403	$517,980	$110,372
2019	$260,792	$255,558	$408,363	$5,234
2018	$337,355	$243,446	$404,803	$93,909