Muskegon, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
To support and sustain Christian Education in West Michigan by promoting and financially supporting Christian schools in the Muskegon and Grand Haven Michigan area.
Retail Store - Second hand or discounted merchandise retail store that is operated to support Christian Schools.
West Michigan CEC provided support services for the 2023-2024 year to 5 Christian schools in West Michigan.
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 | $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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Compare West Michigan CEC Inc with other nonprofits in Michigan and across the country.