PEERS FOUNDATION

EIN: 640955416 501(c)(3)

Grand Rapids, MI

Total Revenue
$1,059,850
Total Expenses
$1,063,569
Total Assets
$170,051
Net Assets
$6,500
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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
2007
Legal Domicile
MI
Principal Officer
Michael Seymore
Phone
6167267827
Tax Period
2019-01-01 to 2019-12-31

PEERS FOUNDATION, founded in 2007, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2019.

Mission

TEACH PARTICIPANTS IN NATIONAL PROGRAMS ABOUT THE POTENTIAL DIFFERENT DISTRACTIONS WHILE DRIVING, INCLUDING ALCOHOL, CELL PHONES, MP3 AND RADIO BUILT INTO AUTOMOBILES BY MAKING THE PARTICIPANTS AWARE THAT DISTRACTED DRIVING CAN LEAD TO SERIOUS AND SOMETIMES FATAL CONSEQUESNCES

Program Service Accomplishments

Program 1
Expenses: $912,484 Revenue: $104,807

MAJOR AUTOMOBILE MANUFACTURERS AND INSURANCE COMPANIES HAVE FUNDED , THROUGH GRANTS, TO SUPPLEMENT A CAMPAIGN TOURING HIGH SCHOOLS EDUCATING TEENAGERS ON THE DANGERS OF DISTRACTED DRIVING

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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 (2019)

Revenue Breakdown

Contributions & Grants $955,043
Program Service Revenue $104,807
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,059,850

Expense Breakdown

Grants Paid $100
Salaries & Benefits $10,062
Fundraising Expenses $3,079
Program Expenses $912,484
Other Expenses $1,053,182
TOTAL EXPENSES $1,063,569

Year-over-Year Comparison

2019 2018 Change
Revenue $1,059,850 $1,081,848 0.0%
Expenses $1,063,569 $973,200 +0.1%
Net Income $-3,719 $108,648 -1.0%
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
4
Independent Members
2
Employees
2
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
1
$52,000
Total Directors
4
$52,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL SEYMORE CHAIRMAN OF THE BOARD 15
Officer Director
$0 $26,000 $52,000
WILLIAM KRUPAR DIRECTOR 1
Director
$0 $0 $0
JOHN FIGG DIRECTOR 1
Director
$0 $0 $0
JENNIFER SEYMORE DIRECTOR 1
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
2019 $1,059,850 $1,063,569 $170,051 $-3,719
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