MARYS LEGACY NONPROFIT CORPORATION

EIN: 843429124 501(c)(3) Housing & Shelter

ZEELAND, MI

Total Revenue
$302,805
Total Expenses
$1,910
Total Assets
$300,895
Net Assets
$300,895
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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
2019
Legal Domicile
MI
Principal Officer
RON SNOEYINK
Phone
6164034243
Tax Period
2022-01-01 to 2022-12-31

MARYS LEGACY NONPROFIT CORPORATION, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $303K in total revenue in fiscal year 2022. The organization ran a surplus of $301K, a strong 99% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS WITH DISABILITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $300,970
Program Service Revenue $1,835
Investment Income $0
Other Revenue $0
TOTAL REVENUE $302,805

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,910
Other Expenses $1,910
TOTAL EXPENSES $1,910

Year-over-Year Comparison

2022 2021 Change
Revenue $302,805 N/A N/A
Expenses $1,910 N/A N/A
Net Income $300,895 N/A N/A
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
5
Independent Members
4
Employees
N/A
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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM HAVEMAN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
VICKI KLYNSTRA SECRETARY 2.00
Officer Director
$0 $0 $0
RON SNOEYINK PRESIDENT 2.00
Officer Director
$0 $0 $0
DAVE VUGTEVEEN DIRECTOR 1.00
Director
$0 $0 $0
LINDA VUGTEVEEN TREASURER 2.00
Officer 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
2022 $302,805 $1,910 $300,895 $300,895
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