KOINONIA HOMESCHOOL SUPPORT GROUP CORPORATION

EIN: 810583668 501(c)(3) Education

ADA, MI

Total Revenue
$290,172
Total Expenses
$268,707
Total Assets
$155,304
Net Assets
$151,995
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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
2002
Legal Domicile
MI
Principal Officer
RUTH HOOGMOED
Phone
6162956222
Tax Period
2024-06-01 to 2025-05-31

KOINONIA HOMESCHOOL SUPPORT GROUP CORPORATION, founded in 2002, is a small nonprofit in the Education sector that reported $290K in total revenue in fiscal year 2024. Expenses of $269K left a modest 7% surplus.

Mission

HOMESCHOOL SUPPORT GROUP THAT OFFERS SUPPORT, TUTORING, AND VARIOUS ACTIVITIES FOR HOMESCHOOL FAMILIES.

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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 $0
Program Service Revenue $287,018
Investment Income $3,154
Other Revenue $0
TOTAL REVENUE $290,172

Expense Breakdown

Grants Paid $500
Salaries & Benefits $28,406
Fundraising Expenses $0
Program Expenses $254,456
Other Expenses $239,801
TOTAL EXPENSES $268,707

Year-over-Year Comparison

2024 2023 Change
Revenue $290,172 $274,348 +0.1%
Expenses $268,707 $263,178 +0.0%
Net Income $21,465 $11,170 +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
7
Independent Members
7
Employees
N/A
Volunteers
72

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
$21,370
Total Directors
7
$28,406
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WALKOTTEN PRESIDENT 2.00
Officer Director
$0 $0 $0
VICKA MANGIONE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
STEPHEN KLOOSTERMAN SECRETARY 2.00
Officer Director
$0 $0 $0
RUTH HOOGMOED TREASURER 15.00
Officer Director
$21,370 $0 $21,370
AMANDA DEVRIES DIRECTOR 1.00
Director
$2,937 $0 $2,937
BRICE SNELLICK DIRECTOR 1.00
Director
$0 $0 $0
ROY SHAW DIRECTOR 1.00
Director
$4,099 $0 $4,099
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 $290,172 $268,707 $155,304 $21,465
2024 $274,348 $263,178 $133,839 $11,170
2023 $295,035 $273,044 $122,669 $21,991
2022 $260,962 $245,588 $101,530 $15,374
2021 $161,614 $161,357 $187,194 $257
2020 $234,320 $232,457 $172,781 $1,863
2019 $245,436 $249,240 $182,977 $-3,804
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