I UNDERSTAND LOVE HEALS

EIN: 813356821 501(c)(3) Mental Health

ADA, MI

Total Revenue
$399,970
Total Expenses
$251,233
Total Assets
$488,074
Net Assets
$488,074
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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
2016
Legal Domicile
MI
Principal Officer
YVONNE WOODRICK
Phone
6167470667
Tax Period
2023-01-01 to 2023-12-31

I UNDERSTAND LOVE HEALS, founded in 2016, is a small nonprofit in the Mental Health sector that reported $400K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $149K, a strong 37% operating margin.

Mission

ESTABLISHING INFORMED, UNDERSTANDING, AND COMPASSIONATE COMMUNITIES BY ERASING STIGMA ASSOCIATED WITH SUICIDE AND MENTAL ILLNESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $444,001
Program Service Revenue $0
Investment Income $-957
Other Revenue $-43,074
TOTAL REVENUE $399,970

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,297
Fundraising Expenses $59,124
Program Expenses $92,313
Other Expenses $123,936
TOTAL EXPENSES $251,233

Year-over-Year Comparison

2023 2022 Change
Revenue $399,970 $267,222 +0.5%
Expenses $251,233 $196,212 +0.3%
Net Income $148,737 $71,010 +1.1%
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
10
Independent Members
10
Employees
2
Volunteers
25

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
$75,002
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
YVONNE WOODRICK FOUNDER/PRES 40.00
Officer
$75,002 $0 $75,002
ERIC ACHYTES BOARD MEMBER 2.00
Director
$0 $0 $0
TODD CHASSEE BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS FARNHAM BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREA FORSYTH BOARD MEMBER 2.00
Director
$0 $0 $0
ALEC GREEN BOARD PRESID 2.00
Officer Director
$0 $0 $0
KARA MASSA VICE PRESIDE 2.00
Officer Director
$0 $0 $0
DOUG MEIJER HONORARY BOA 2.00
Officer Director
$0 $0 $0
JENELL SPINDLE BOARD MEMBER 2.00
Director
$0 $0 $0
MARTIN UCHENDU BOARD MEMBER 2.00
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
2024 No data No data No data No data
2023 $399,970 $251,233 $488,074 $148,737
2022 $267,222 $196,212 $347,968 $71,010
2021 $263,399 $212,793 $411,516 $50,606
2020 $256,829 $211,965 $345,273 $44,864
2019 $225,027 $259,470 $198,926 $-34,443
2017 $445,484 $282,605 $401,211 $162,879
2016 $290,529 $57,908 $233,251 $232,621
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