ISSACHAR LEARNING CENTER

EIN: 383623964 501(c)(3) Education

GOODRICH, MI

Total Revenue
$254,100
Total Expenses
$240,956
Total Assets
$496,480
Net Assets
$256,303
🔒

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
2009
Legal Domicile
MI
Phone
8108746543
Tax Period
2024-01-01 to 2024-12-31

ISSACHAR LEARNING CENTER, founded in 2009, is a small nonprofit in the Education sector that reported $254K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $241K left a modest 5% surplus.

Mission

TO MOTIVATE, INSTRUCT, AND MENTOR CHILDREN AND TEENS IN ESSENTIAL LIFE SKILLS AND CHARACTER DEVELOPMENT USING AN AGRICULTURAL SETTING. WE ESPECIALLY TARGET AT RISK CHILDREN AND TEENS.

🔒

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 $0
Program Service Revenue $254,084
Investment Income $0
Other Revenue $16
TOTAL REVENUE $254,100

Expense Breakdown

Grants Paid $500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $239,278
Other Expenses $240,456
TOTAL EXPENSES $240,956

Year-over-Year Comparison

2024 2023 Change
Revenue $254,100 $226,248 +0.1%
Expenses $240,956 $237,433 +0.0%
Net Income $13,144 $-11,185 -2.2%
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
4
Independent Members
4
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ETHAN DeSOTA PRESIDENT 1.00
Officer Director
$0 $0 $0
GERALD RUNDE DIRECTOR 1.00
Director
$0 $0 $0
NATHANAEL DeSOTA TREASURER 40.00
Officer Director
$0 $0 $0
CHRISTINA DeSOTA SECRETARY 40.00
Officer 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 $254,100 $240,956 $496,480 $13,144
2023 $226,248 $237,433 $509,360 $-11,185
2022 $229,911 $228,762 $554,196 $1,149
2021 $192,401 $190,385 $553,047 $2,016
2020 $199,798 $201,655 $559,412 $-1,857
2019 $181,691 $181,452 $553,821 $239
2018 $160,294 $177,269 $553,131 $-16,975
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ISSACHAR LEARNING CENTER with other nonprofits in Michigan and across the country.