FAMILY LEARNING INSTITUTE

EIN: 383514675 501(c)(3) Education

ANN ARBOR, MI

Total Revenue
$197,136
Total Expenses
$218,330
Total Assets
$173,659
Net Assets
$156,340
🔒

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
2000
Legal Domicile
MI
Principal Officer
SHARINE BUDDIN
Phone
7349956816
Tax Period
2024-01-01 to 2024-12-31

FAMILY LEARNING INSTITUTE, founded in 2000, is a small nonprofit in the Education sector that reported $197K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. Expenses of $218K exceeded revenue, resulting in a 11% operating deficit.

Mission

FAMILY LEARNING INSTITUTE (FLI) IS A VOLUNTEER BASED NONPROFIT AGENCY DEDICATED TO CLOSING THE ACHIEVEMENT GAP IN WASHTENAW COUNTY. THROUGH COLLABORATION WITH LOCAL SCHOOLS AND COMMUNITY PARTNERS, AND THE IMPLEMENTATION OF INNOVATIVE PROGRAMS THAT DEVELOP LITERACY AND PREVENT SUMMER LEARNING LOSS, FLI ENGAGES ECONOMICALLY DISADVANTAGED CHILDREN, THEIR PARENTS AND COMMUNITY IN SUPPORTING A COMMITMENT TO SUCCESS IN SCHOOL AND BEYOND. FLI BELIEVES OUR STUDENTS, REGARDLESS OF LIFE CIRCUMSTANCES, DESERVE A CHANCE TO FORGE THE SKILLS THEY NEED TO BUILD THE LIVES THEY DREAM.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $184,797
Program Service Revenue $0
Investment Income $0
Other Revenue $12,339
TOTAL REVENUE $197,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $141,566
Fundraising Expenses $9,643
Program Expenses $165,010
Other Expenses $76,764
TOTAL EXPENSES $218,330

Year-over-Year Comparison

2024 2023 Change
Revenue $197,136 $126,662 +0.6%
Expenses $218,330 $192,616 +0.1%
Net Income $-21,194 $-65,954 -0.7%
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
9
Independent Members
9
Employees
14
Volunteers
105

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
3
$52,030
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARINE BUDDIN EXECUTIVE DI 40.00
Officer
$52,030 $0 $52,030
PAUL DIMOND DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM GODFREY CHAIRMAN 1.00
Officer Director
$0 $0 $0
JENNIFER MELCHI DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER QUEEN DIRECTOR 1.00
Director
$0 $0 $0
WADE SMITH DIRECTOR 1.00
Director
$0 $0 $0
RICK SPERLING DIRECTOR 1.00
Director
$0 $0 $0
JEAN WALTMAN SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT WILSON DIRECTOR 1.00
Director
$0 $0 $0
KATHY WYATT DIRECTOR 1.00
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
2024 $197,136 $218,330 $173,659 $-21,194
2023 $126,662 $192,616 $222,411 $-65,954
2022 $174,404 $171,488 $302,786 $2,916
2021 $214,261 $166,610 $242,000 $47,651
2020 $168,809 $175,687 $193,939 $-6,878
2019 $244,288 $192,327 $205,203 $51,961
2018 $162,505 $150,955 $151,383 $11,550
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FAMILY LEARNING INSTITUTE with other nonprofits in Michigan and across the country.