The FACES Foundation

EIN: 753214609 501(c)(3) Diseases & Disorders

Milford Twp, MI

Total Revenue
$228,519
Total Expenses
$167,209
Total Assets
$232,280
Net Assets
$232,280
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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
2006
Legal Domicile
MI
Principal Officer
Jolayne Thompson
Phone
2487971881
Tax Period
2024-01-01 to 2024-12-31

The FACES Foundation, founded in 2006, is a small nonprofit in the Diseases & Disorders sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 27% operating margin.

Mission

Education of caregivers, families patients, caregiver support

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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 $37,459
Program Service Revenue $179,757
Investment Income $1,463
Other Revenue $9,840
TOTAL REVENUE $228,519

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $166,415
Other Expenses $167,209
TOTAL EXPENSES $167,209

Year-over-Year Comparison

2024 2023 Change
Revenue $228,519 $176,099 +0.3%
Expenses $167,209 $149,601 +0.1%
Net Income $61,310 $26,498 +1.3%
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
N/A
Volunteers
4

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Kowalski Director 001.00
Director
$0 $0 $0
Shawna Strickland Director 003.00
Director
$0 $0 $0
Gabrielle Davis Director 001.00
Director
$0 $0 $0
Edwin Coombs Director 001.00
Director
$0 $0 $0
Sara Mirza Director 001.00
Director
$0 $0 $0
Joe Army Director 001.00
Director
$0 $0 $0
Sharman Lamka Pres/Secretary 020.00
Officer
$0 $0 $0
Jolayne Thompson VP/Treasurer 005.00
Officer
$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
2024 $228,519 $167,209 $232,280 $61,310
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