RENEW MOBILITY

EIN: 383133483 501(c)(3) Human Services

GRAND RAPIDS, MI

Total Revenue
$285,297
Total Expenses
$361,636
Total Assets
$959,183
Net Assets
$959,137
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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
MI
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.

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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 (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

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Governance

Voting Members
10
Independent Members
10
Employees
6
Volunteers
10

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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
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
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