AMPLIFY GR

EIN: 824122848 501(c)(3) Community Improvement

GRAND RAPIDS, MI

Total Revenue
$5,092,580
Total Expenses
$1,763,898
Total Assets
$25,909,869
Net Assets
$8,027,391
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
MI
Principal Officer
KENYATTA BRAME
Phone
6162793936
Tax Period
2023-01-01 to 2023-12-31

AMPLIFY GR, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 261% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.3M, a strong 65% operating margin.

Mission

IN PARTNERSHIP WITH NEIGHBORS, LOCAL BUSINESSES, AND COMMUNITY ORGANIZATIONS, AGR SEEKS TO WIDEN PATHWAYS SO THAT ALL RESIDENTS HAVE A GREATER OPPORTUNITY TO PARTICIPATE IN AND BENEFIT FROM COMMUNITY GROWTH INCLUDING PROVIDING RESOURCES THAT SUPPORT HOLISTIC REVITALIZATION OF NEIGHBORHOODS IN AND AROUND GRAND RAPIDS, MICHIGAN BY COORDINATING AND INVESTING IN ACCESS TO AFFORDABLE LOW AND MIXED-INCOME HOUSING; FOSTERING CRADLE-TO-CAREER EDUCATIONAL OPPORTUNITIES; REINVIGORATING NEIGHBORHOOD ECONOMIES THROUGH WORKFORCE DEVELOPMENT, LOCAL ENTREPRENEURSHIP AND BUSINESS DEVELOPMENT; AND ENHANCING QUALITY OF LIFE THROUGH COMMUNITY HEALTH AND WELLNESS EFFORTS; AND BY ENGAGING IN ACTIVITIES RELATED TO THE FOREGOING.

Program Service Accomplishments

Program 1
Expenses: $1,343,663 Revenue: $1,063

IN THE PURPOSE BUILT COMMUNITIES NETWORK, AMPLIFY GR IS A COMMUNITY QUARTERBACK ORGANIZATION, MEANING WE ALIGN PARTNERS AND SET STRATEGIES FOR THE OVERALL DEVELOPMENT EFFORT BASED ON THE COMMUNITY'S...

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IN THE PURPOSE BUILT COMMUNITIES NETWORK, AMPLIFY GR IS A COMMUNITY QUARTERBACK ORGANIZATION, MEANING WE ALIGN PARTNERS AND SET STRATEGIES FOR THE OVERALL DEVELOPMENT EFFORT BASED ON THE COMMUNITY'S VISION. IN THIS ROLE, WE FACILITATE THE FOLLOWING ACTIVITIES: AMPLIFY NEIGHBOR IDEAS THROUGH OUR AMP THE GOOD GRANT PROGRAM, WHICH SUPPORTS NEIGHBOR-LED INITIATIVES AND PROJECTS THAT BUILD COMMUNITY. AGR ALSO SUPPORTS NEIGHBORHOOD EVENTS AND PLACE ACTIVATION TO STRENGTHEN SOCIAL CAPITAL. ATTRACTING JOBS AND BUILDING BUSINESS OWNERSHIP THROUGH THE BUSINESS STRONG GRANT PROGRAM TO ASSIST BUSINESSES WITH INFRASTRUCTURE IMPROVEMENTS AND ENTREPRENEURIAL COACHING. INCUBATOR SPACES FOR MAKERS AND SMALL NEIGHBORHOOD-BASED FOOD BUSINESSES TO START AND GROW ON THEIR BUSINESS JOURNEYS ARE ONLINE. INNOVATION STRONG FOCUSES ON WORKFORCE DEVELOPMENT AND EMPLOYEE SUPPORTS WITH LOCAL AND SMALL BUSINESSES. AGR INCREASES THE LOVE OF LEARNING WITH OUTBRIDGE GRANTS, WHICH PROVIDE DIRECT FINANCIAL SUPPORT TO FAMILIES IN THE SERVICE AREA TO INVEST IN ENRICHMENT ACTIVITIES FOR CHILDREN. THE ORGANIZATION LEVERAGES PARTNERSHIPS FOR EARLY CHILDHOOD, K-12, AND WORKFORCE DEVELOPMENT OPPORTUNITIES, INCLUDING WORKING TO BRING A NEW EARLY CHILDHOOD CENTER TO THE NEIGHBORHOOD IN 2024. THE 45,000-SQUARE-FOOT COMMUNITY HUB CURRENTLY UNDER CONSTRUCTION WILL SUPPORT THE EARLY LEARNING CENTER, A CLINIC, AND AFTERSCHOOL ACTIVITIES. AMPLIFY GR AIMS TO IMPROVE AND EXPAND HOUSING OPTIONS AND SUPPORT WEALTH CREATION THROUGH HOME OWNERSHIP. THE NEIGHBORHOOD STRONG PROGRAM HELPS NEIGHBORS MAKE NEEDED REPAIRS AND ENHANCEMENTS TO THEIR HOMES, INCREASING AFFORDABILITY, QUALITY OF LIFE, AND OPPORTUNITIES TO CREATE GENERATIONAL WEALTH.

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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 $5,034,933
Program Service Revenue $0
Investment Income $68,076
Other Revenue $-10,429
TOTAL REVENUE $5,092,580

Expense Breakdown

Grants Paid $460,857
Salaries & Benefits $458,286
Fundraising Expenses $132,694
Program Expenses $1,343,663
Other Expenses $844,755
TOTAL EXPENSES $1,763,898

Year-over-Year Comparison

2023 2022 Change
Revenue $5,092,580 $1,412,471 +2.6%
Expenses $1,763,898 $1,854,773 0.0%
Net Income $3,328,682 $-442,302 -8.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
30

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
5
$118,876
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENYATTA BRAME DIRECTOR & PRESIDENT 1.00
Officer Director
$0 $0 $0
MARIA P DEVOS DIRECTOR & VICE PRESDIENT 1.00
Officer Director
$0 $0 $0
BRUCE OSTERINK DIRECTOR & TREASURER 1.00
Officer Director
$0 $0 $0
BEN EMDIN DIRECTOR 1.00
Director
$0 $0 $0
JOSE LUIS QUINTANA DIRECTOR 1.00
Director
$0 $0 $0
BING GOEI DIRECTOR 1.00
Director
$0 $0 $0
ANDREA OWENS DIRECTOR 1.00
Director
$0 $0 $0
JON IPPEL EXECUTIVE DIRECTOR 10.00
Officer
$35,254 $5,686 $40,940
PATRICK JOHNSON CHIEF OPERATING OFFICER 29.00
Officer
$75,607 $2,329 $77,936
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 $5,092,580 $1,763,898 $25,909,869 $3,328,682
2022 $1,412,471 $1,854,773 $2,307,556 $-442,302
2021 $3,480,778 $1,830,092 $2,746,737 $1,650,686
2020 $1,117,472 $853,248 $509,816 $264,224
2019 $895,145 $765,385 $245,592 $129,760
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