Farmington, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FARMINGTON-FARMINGTON HILLS EDUCATION FOUNDATION, founded in 2012, is a small nonprofit in the Education sector that reported $124K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $112K left a modest 10% surplus.
The Farmington/Farmington Hills Education Foundation was established in July 2012 to promote and support innovative educational opportunities to benefit the students of Farmington Public Schools. We engage in fundraising, relationship building and granting money to educational projects.
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 | $123,986 | $143,407 | -0.1% |
| Expenses | $111,757 | $129,019 | -0.1% |
| Net Income | $12,229 | $14,388 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| Diane Bauman | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Kelly Coffin | Superintendent of Schools | 1 |
Director
|
$0 | $0 | $0 |
| Vonetta Sanders | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Santoria Shepherd | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Mari Anne Wilcox | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Jessica Cummings | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Lynn Halton | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Denise Gundle-White | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Jim White | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Trevor Medema | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Kathleen Clark | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| Marzel Hightower | Trustee | 5 |
Director
|
$0 | $0 | $0 |
| David Workman | Chair | 10 |
Officer
|
$0 | $0 | $0 |
| Rodney Williams | Vice Chair | 1 |
Officer
|
$0 | $0 | $0 |
| Lisa Holmes | Vice Chair | 10 |
Officer
|
$0 | $0 | $0 |
| Verneece Boateng | Secretary | 5 |
Officer
|
$0 | $0 | $0 |
| David Roggenkamp | Treasurer | 20 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $123,986 | $111,757 | $170,026 | $12,229 |
| 2024 | $143,407 | $129,019 | $150,140 | $14,388 |
| 2023 | $132,205 | $87,348 | $130,543 | $44,857 |
| 2022 | $140,897 | $96,917 | $85,686 | $43,980 |
| 2021 | $85,411 | $90,892 | $39,982 | $-5,481 |
| 2020 | $147,082 | $209,179 | $27,724 | $-62,097 |
Compare FARMINGTON-FARMINGTON HILLS EDUCATION FOUNDATION with other nonprofits in Michigan and across the country.