HOLLEY FAMILY VILLAGE INC

EIN: 844095862 501(c)(3) Education

BROOKLYN, MI

Total Revenue
$415,884
Total Expenses
$444,415
Total Assets
$921,024
Net Assets
$921,024
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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
2020
Legal Domicile
MI
Principal Officer
ARDIS GARDELLA
Phone
5175926283
Tax Period
2024-01-01 to 2024-12-31

HOLLEY FAMILY VILLAGE INC, founded in 2020, is a small nonprofit in the Education sector that reported $416K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Net assets of $921K represent 27 months of operating reserves.

Mission

THE MISSION OF HOLLEY FAMILY VILLAGE IS TO PROVIDE LIFE-ENHANCING PROGRAMS FOR THOSE WITH HEARING AND VISION LOSS AND DEAFNESS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $255,000
Program Service Revenue $114,700
Investment Income $22,534
Other Revenue $23,650
TOTAL REVENUE $415,884

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,305
Fundraising Expenses $0
Program Expenses $408,415
Other Expenses $304,110
TOTAL EXPENSES $444,415

Year-over-Year Comparison

2024 2023 Change
Revenue $415,884 $664,968 -0.4%
Expenses $444,415 $469,098 -0.1%
Net Income $-28,531 $195,870 -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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Governance

Voting Members
15
Independent Members
15
Employees
24
Volunteers
35

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
$36,000
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERICA SCORPIO EXECUTIVE DI N/A
Officer
$0 $0 $0
ARDIS GARDELLA PRESIDENT 40.00
Officer
$36,000 $0 $36,000
DANIEL DJ MEGLER MD CHAIR N/A
Officer
$0 $0 $0
SEAN D GARDELLA VICE CHAIR N/A
Officer
$0 $0 $0
TIMOTHY J GRAJEWSKI TREASURER N/A
Officer
$0 $0 $0
PENELOPE ANN BARKER DO FACOI TRUSTEE N/A
Director
$0 $0 $0
CAPRICE WW BAUN TRUSTEE N/A
Director
$0 $0 $0
STEPHANIE BERRI TRUSTEE N/A
Director
$0 $0 $0
DENNIS I BOJRAB MD TRUSTEE N/A
Director
$0 $0 $0
DENNIS I BOJRAB II MD TRUSTEE N/A
Director
$0 $0 $0
FRANK L CAMPANALE TRUSTEE N/A
Director
$0 $0 $0
MICHAEL A DEPCIK OSFS TRUSTEE N/A
Director
$0 $0 $0
ERIN M ZIMNY-LEWINSKI MD TRUSTEE N/A
Director
$0 $0 $0
FRANK A NESI MD TRUSTEE N/A
Director
$0 $0 $0
ADAM RUBIN MD TRUSTEE N/A
Director
$0 $0 $0
MARK R WEBER PHD TRUSTEE N/A
Director
$0 $0 $0
KEVIN GRADY MD TRUSTEE N/A
Director
$0 $0 $0
PATRICK KELLY TRUSTEE 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
2024 $415,884 $444,415 $921,024 $-28,531
2023 $664,968 $469,098 $959,087 $195,870
2022 $712,060 $380,909 $762,264 $331,151
2021 $263,257 $303,043 $428,051 $-39,786
2020 $293,626 $179,886 $466,505 $113,740
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