GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
ENHANCE INDEPENDENCE THROUGH ACCESS TO MOBILITY EQUIPMENT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare RENEW MOBILITY with other nonprofits in Michigan and across the country.