WEST CENTRAL MICHIGAN HORTICULTURAL RESEARCH INC

EIN: 832161386 501(c)(3) Environment

SHELBY, MI

Total Revenue
$181,228
Total Expenses
$208,611
Total Assets
$1,864,368
Net Assets
$1,864,368
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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
2018
Legal Domicile
MI
Principal Officer
RICHARD RAFFAELLI TERM ENDS 9126
Phone
2313011850
Tax Period
2023-01-01 to 2023-12-31

WEST CENTRAL MICHIGAN HORTICULTURAL RESEARCH INC, founded in 2018, is a small nonprofit in the Environment sector that reported $181K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $209K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO DEVELOP A RESEARCH STATION TO SUPPORT THE AGRICULTURE THAT SUPPORTS OCEANA COUNTY, MASON COUNTY, AND NEWAYGO COUNTY AND THE UNIQUE SOIL AND MICRO CLIMATE DIVERSITIES.

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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 $101,691
Program Service Revenue $49,626
Investment Income $34,520
Other Revenue $-4,609
TOTAL REVENUE $181,228

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $208,611
Other Expenses $208,611
TOTAL EXPENSES $208,611

Year-over-Year Comparison

2023 2022 Change
Revenue $181,228 $335,615 -0.5%
Expenses $208,611 $302,208 -0.3%
Net Income $-27,383 $33,407 -1.8%
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
N/A

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
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDY RILEY PRESIDENT N/A
Officer Director
$0 $0 $0
DAVID RENNHACK TERM ENDED 123123 TREASURER N/A
Officer Director
$0 $0 $0
RICHARD RAFFAELLI TERM ENDS 9126 PROJECT MANA N/A
Director
$0 $0 $0
GERRITT HERRYGERS -TERM ENDED 2924 SECRETARY N/A
Officer Director
$0 $0 $0
EMILY LAVELY TERM ENDS 2125 MSU EDUCATOR N/A
Director
$0 $0 $0
SCOTT SWINDEMAN 2922 - 2925 TRUSTEE N/A
Director
$0 $0 $0
TODD JENSEN 2922 - 123123 TRUSTEE N/A
Director
$0 $0 $0
GERRITT HERRYGERS 2922 - 1127 VICE-PRESIDE N/A
Officer
$0 $0 $0
JORDAN WALSWORTH 83122 - 83125 MIAB MEMBER N/A
Director
$0 $0 $0
NICOLE WILCOX 52921 - 2027 GREENSTONE A N/A
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
2023 $181,228 $208,611 $1,864,368 $-27,383
2022 $335,615 $302,208 $1,884,854 $33,407
2021 $547,848 $117,937 $1,795,680 $429,911
2020 $1,030,236 $149,678 $1,358,120 $880,558
2019 $478,500 $938 $477,562 $477,562
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