Grand Rapids, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Great Lakes Center for Education Research and Practice, founded in 2000, is a small nonprofit in the Education sector that reported $390K in total revenue in fiscal year 2024. Expenses of $430K exceeded revenue, resulting in a 10% operating deficit.
To support and disseminate high quality research and reviews of research for the purpose of informing education policy and to develop research-based resources for use by those who advocate for education reform.
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 | $390,289 | $391,230 | 0.0% |
| Expenses | $429,728 | $382,991 | +0.1% |
| Net Income | $-39,439 | $8,239 | -5.8% |
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 |
|---|---|---|---|---|---|---|
| Maddie Fennell | Executive Dir. | 40.00 |
Officer
|
$76,000 | $0 | $76,000 |
| Peggy Wirtz-Olsen | President | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Scott DiMauro | Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dan Holub | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Bob Baxter | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Jason Burns | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Patricia Collins Murdock | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Keith Gambill | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Carrie Lucking | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Chandra Madafferi | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Duff Martin | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Stacey Pelika | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Mike Shoudy | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Sean Spiller | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Al Llorens | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Brett Smith | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Erik Edoff | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Dan Burkhalter | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Nate Williams | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Denise Specht | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $390,289 | $429,728 | $289,644 | $-39,439 |
| 2024 | $391,230 | $382,991 | $321,470 | $8,239 |
| 2023 | $384,068 | $402,381 | $312,008 | $-18,313 |
| 2022 | $446,073 | $369,233 | $329,139 | $76,840 |
| 2021 | $342,059 | $422,021 | $258,018 | $-79,962 |
| 2020 | $360,077 | $355,341 | $364,668 | $4,736 |
| 2019 | $341,068 | $323,507 | $325,786 | $17,561 |
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