ANN ARBOR, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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)| 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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Compare FAMILY LEARNING INSTITUTE with other nonprofits in Michigan and across the country.