West Michigan CEC Inc

EIN: 471337406 501(c)(3) Education

Muskegon, MI

Total Revenue
$1,031,264
Total Expenses
$1,019,466
Total Assets
$541,499
Net Assets
$525,138
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MI
Principal Officer
Vince Bonnema
Phone
2317999644
Tax Period
2024-09-01 to 2025-08-31

West Michigan CEC Inc, founded in 2014, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

To support and sustain Christian Education in West Michigan by promoting and financially supporting Christian schools in the Muskegon and Grand Haven Michigan area.

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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 $554,589
Program Service Revenue $459,123
Investment Income $6
Other Revenue $17,546
TOTAL REVENUE $1,031,264

Expense Breakdown

Grants Paid $484,772
Salaries & Benefits $385,296
Fundraising Expenses $0
Program Expenses $857,788
Other Expenses $149,398
TOTAL EXPENSES $1,019,466

Year-over-Year Comparison

2024 2023 Change
Revenue $1,031,264 $1,635,634 -0.4%
Expenses $1,019,466 $1,491,858 -0.3%
Net Income $11,798 $143,776 -0.9%
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
11
Independent Members
11
Employees
47
Volunteers
92

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
4
$10,154
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Kooistra President 1.00
Officer Director
$0 $0 $0
Timothy Annema Treasurer 1.00
Officer Director
$0 $0 $0
Cory Clausing Secretary 1.00
Officer Director
$0 $0 $0
Steve Ritsema Board Member 1.00
Director
$0 $0 $0
Nicolas Donkersloot Board Member 1.00
Director
$0 $0 $0
Dave Landheer Board Member 1.00
Director
$0 $0 $0
Mike Teeter Board Member 1.00
Director
$0 $0 $0
Dave Bossenbroek Board Member 1.00
Director
$0 $0 $0
Nate Schout Board Member 1.00
Director
$0 $0 $0
Deborah Erickson Board Member 1.00
Director
$0 $0 $0
Chris Ruiter Board Member 1.00
Director
$0 $0 $0
Vince Bonnema Managing Director 5.00
Officer
$10,154 $0 $10,154
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 $1,031,264 $1,019,466 $541,499 $11,798
2024 $1,635,634 $1,491,858 $531,967 $143,776
2023 $1,453,341 $1,464,551 $615,810 $-11,210
2022 $1,083,750 $888,967 $625,517 $194,783
2021 $452,884 $440,958 $437,609 $11,926
2020 $335,003 $291,598 $457,250 $43,405
2019 $357,421 $293,818 $415,227 $63,603
2018 $321,502 $285,369 $74,918 $36,133
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