MIDDLE EAST REFORMED FELLOWSHIP SUBSIDIARY COMPANY

EIN: 452212089 501(c)(3) Religion

HOLLAND, MI

Total Revenue
$538,572
Total Expenses
$568,751
Total Assets
$2,362,606
Net Assets
$430,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MI
Principal Officer
IAIN WRIGHT
Phone
6169530185
Tax Period
2024-01-01 to 2024-12-31

MIDDLE EAST REFORMED FELLOWSHIP SUBSIDIARY COMPANY, founded in 2011, is a small nonprofit in the Religion sector that reported $539K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

THE ORGANIZATION IS ORGANIZED FOR CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES. AS SUCH, IT SOLICITS AND ACCEPTS DONATIONS AND ISSUES FUNDS IN ACCORDANCE WITH THIS PURPOSE. THE ORGANIZATION PRIMARILY SUPPORTS THE EFFORTS OF THE MIDDLE EAST REFORMED FELLOWSHIP BASED IN CYPRUS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $474,738
Program Service Revenue $0
Investment Income $63,834
Other Revenue $0
TOTAL REVENUE $538,572

Expense Breakdown

Grants Paid $450,000
Salaries & Benefits $58,368
Fundraising Expenses $42,133
Program Expenses $508,368
Other Expenses $60,383
TOTAL EXPENSES $568,751

Year-over-Year Comparison

2024 2023 Change
Revenue $538,572 $620,566 -0.1%
Expenses $568,751 $560,712 +0.0%
Net Income $-30,179 $59,854 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
30

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
10
$58,368
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTOR ATALLAH EX OFFICIO MEM 40.00
Director
$58,368 $0 $58,368
IAIN WRIGHT Chairman 2.00
Officer Director
$0 $0 $0
CRAIG SHANNON Director 2.00
Director
$0 $0 $0
DAVID KLOOSTERMAN Director 2.00
Director
$0 $0 $0
DAVID THIES Director 2.00
Director
$0 $0 $0
JAMES FERGUSON Director 2.00
Director
$0 $0 $0
SARAH WIESKAMP Secretary 2.00
Officer Director
$0 $0 $0
DALE LAMPEN Director 2.00
Director
$0 $0 $0
ROY L VAN ECK Treasurer 3.00
Officer Director
$0 $0 $0
FRANK VOSS JR Director 2.00
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 $538,572 $568,751 $2,362,606 $-30,179
2023 $620,566 $560,712 $2,397,180 $59,854
2022 $994,206 $99,562 $2,307,860 $894,644
2021 $535,552 $503,125 $1,413,597 $32,427
2020 $531,679 $515,546 $2,124,103 $16,133
2019 $517,775 $528,748 $1,707,970 $-10,973
2018 $522,436 $513,974 $1,719,171 $8,462
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