WEST MICHIGAN PARTNERSHIP FOR CHILDREN (EIN 810800301) - Form 990 Financial Analysis & Trantor Score

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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

2015

Legal Domicile

Principal Officer

TIM BERGSMA

Phone

6166488816

Tax Period

2023-10-01 to 2024-09-30

WEST MICHIGAN PARTNERSHIP FOR CHILDREN, founded in 2015, is a mid-sized nonprofit in the Human Services sector that reported $30.4M in total revenue in fiscal year 2023. Expenses of $29.3M left a modest 4% surplus.

Mission

SUPPORT SERVICES AND RELATED SERVICES TO CHILDREN AND ADOLESCENTS WHOARE BEHAVIORALLY OR EMOTIONALLY IMPAIRED AND THEIR FAMILIES; MANAGINGAND PROVIDING FOR THE UTILIZATION, QUALITY, AND COSTS OF CHILD WELFARE,CHILD PLACEMENT, JUVENILE JUSTICE, BEHAVIORAL HEALTH CARE FORCORPORATE, PRIVATE, AND GOVERNMENTAL PURCHASERS AND CONSUMERS OFSERVICES OF THE CORPORATION OR ITS CONTRACTED HUMAN SERVICE PROVIDERS;AND PROVIDING MANAGEMENT SERVICES AND TECHNICAL ASSISTANCE RELATED TOTHE PROVISION OF SUCH CARE. THE CORPORATION PROVIDES SUCH SERVICESTHROUGH HUMAN SERVICE PROVIDERS, AND IS PRIMARILY A VEHICLE FORCOORDINATION OF SERVICES BY THOSE ORGANIZATIONS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $29,974,418

Program Service Revenue $0

Investment Income $344,621

Other Revenue $69,446

TOTAL REVENUE $30,388,485

Expense Breakdown

Grants Paid $18,578,847

Salaries & Benefits $2,133,566

Fundraising Expenses $0

Program Expenses $28,416,548

Other Expenses $8,591,929

TOTAL EXPENSES $29,304,342

Year-over-Year Comparison

	2023	2022	Change
Revenue	$30,388,485	$31,121,065	0.0%
Expenses	$29,304,342	$27,791,230	+0.1%
Net Income	$1,084,143	$3,329,835	-0.7%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$350,120

Total Directors

$350,120

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM BERGSMA	CFO (NEW)	50.00	Officer Director	$5,308	$0	$5,308
TRISHA SVERNS	COO	50.00	Officer Director	$81,690	$18,724	$100,414
DAVID BELLAMY	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW VANZETTEN	CHAIR	3.00	Officer Director	$0	$0	$0
MARY MULLIER	DIRECTOR	2.00	Director	$0	$0	$0
KRISTIN SHERMAN	TREASURER	4.00	Officer Director	$0	$0	$0
MAURA CORRIGAN	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL SYKES	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN SCHULTZ	DIRECTOR	2.00	Director	$0	$0	$0
DOUG BOOTH	SECRETARY	3.00	Officer Director	$0	$0	$0
EMMA SCHAB	DIRECTOR	2.00	Director	$0	$0	$0
KEENAN KING	VICE CHAIR	3.00	Officer Director	$0	$0	$0
SONIA NOOMAN	CEO	50.00	Officer Director	$220,160	$24,238	$244,398

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	$30,388,485	$29,304,342	$15,877,918	$1,084,143
2023	$31,121,065	$27,791,230	$14,336,031	$3,329,835
2022	$26,841,903	$28,411,587	$24,386,715	$-1,569,684
2021	$39,862,766	$29,367,195	$12,723,778	$10,495,571
2020	$35,716,494	$36,665,857	$7,346,316	$-949,363
2018	$31,990,580	$37,497,380	$2,099,168	$-5,506,800

WEST MICHIGAN PARTNERSHIP FOR CHILDREN