THE PANTRY

EIN: 465148847 501(c)(3) Food, Agriculture & Nutrition

GRAND RAPIDS, MI

Total Revenue
$202,404
Total Expenses
$191,853
Total Assets
$451,480
Net Assets
$450,406
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MI
Principal Officer
NANCY CROMLEY
Phone
6164559411
Tax Period
2024-07-01 to 2025-06-30

THE PANTRY, founded in 2015, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $202K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. Expenses of $192K left a modest 5% surplus.

Mission

TO PROVIDE A FOOD PANTRY IN SOUTHEAST KENT COUNTY, MICHIGAN SERVING SOME OF THE MOST IMPOVERISHED COMMUNITIES IN SOUTHEAST KENT COUNTY. TO PROVIDE HOLISTIC AID TO OUR NEIGHBORS IN NEED, SUPPLYING THEM WITH THE FOOD AND PERSONAL CARE ITEMS THAT THEY DESPERATELY NEED NOW, AS WELL AS TOOLS OF EMPOWERMENT, THROUGH EDUCATION AND ONE-ON-ONE CASE MANAGEMENT. OUR GOAL IS TO EQUIP OUR NEIGHBORS TO TRANSFORM THEIR OWN LIVES - BODY, MIND & SOUL - IN THE LONG TERM.

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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 $200,509
Program Service Revenue $0
Investment Income $1,895
Other Revenue $0
TOTAL REVENUE $202,404

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,756
Fundraising Expenses $0
Program Expenses $120,787
Other Expenses $93,097
TOTAL EXPENSES $191,853

Year-over-Year Comparison

2024 2023 Change
Revenue $202,404 $146,669 +0.4%
Expenses $191,853 $198,681 0.0%
Net Income $10,551 $-52,012 -1.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
4
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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHALE SCHAPER TREASURER N/A
Officer Director
$0 $0 $0
SEAN CONROE CHAIRMAN N/A
Officer Director
$0 $0 $0
DOREEN DILL BOARD MEMBER N/A
Director
$0 $0 $0
BECKY STEIN-WELLS BOARD MEMBER N/A
Director
$0 $0 $0
NANCY CROMLEY DIRECTOR N/A
Director
$0 $0 $0
LORNA SPIEKERMAN BOARD MEMBER N/A
Director
$0 $0 $0
BEN RISINGER BOARD MEMBER N/A
Director
$0 $0 $0
KILLIAN ROACH SECRETARY N/A
Officer Director
$0 $0 $0
SARAH LEXOW BOARD MEMBER N/A
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
2025 $202,404 $191,853 $451,480 $10,551
2024 $146,669 $198,681 $440,639 $-52,012
2023 $244,512 $179,812 $492,753 $64,700
2022 $129,134 $180,523 $427,816 $-51,389
2021 $225,371 $217,019 $479,913 $8,352
2020 $261,701 $210,503 $451,904 $51,198
2019 $524,502 $215,619 $379,953 $308,883
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