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 to support and promote innovative educational opportunities to benefit the students of Farmington Public Schools. We engage in fundraising, relationship building, and granting money to educational projects.
The Foundation received designated donations to be used to fund the expenses of the Farmington United Robotics Team. The Robotics Team consists of students from Farmington High School, North...
The Foundation received designated donations to be used to fund the expenses of the Farmington United Robotics Team. The Robotics Team consists of students from Farmington High School, North Farmington High School and the middle schools. The Team consists of approximately 100 students. These donations were given to the Foundation by a number of community donors to be used for the Robotics Team in Farmington. The remaining funds are on account, waiting to be spent by the grant recipients.
We collect donations and administer distributions for various memorial and other Scholarships granted to graduating seniors of the three high schools in our community.
The Foundation awards grants to teachers, staff or other individuals who want to offer innovative educational opportunities for students in the areas of Technology, Scholastic Achievement, the Arts...
The Foundation awards grants to teachers, staff or other individuals who want to offer innovative educational opportunities for students in the areas of Technology, Scholastic Achievement, the Arts or Extra-curricular Enrichment.
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.