GRETCHENS HOUSE FOUNDATION

EIN: 863939919 501(c)(3) Education

An Arbor, MI

Total Revenue
$51,376
Total Expenses
$10,600
Total Assets
$873,513
Net Assets
$873,513
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MI
Principal Officer
Gregory P Meisner
Phone
7347178253
Tax Period
2024-01-01 to 2024-12-31

GRETCHENS HOUSE FOUNDATION, founded in 2021, is a micro nonprofit in the Education sector that reported $51K in total revenue in fiscal year 2024. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $41K, a strong 79% operating margin.

Mission

Provide grants (for scholarships, tuition assistance, teacher training, classroom resources, etc.), to enable needy families to access and afford high-quality childcare services, and thereby promote and advance early education, literacy, and intellectual development of children; operate a resale store of donated teacher resource items to generate revenue to support these grants.

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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 $8,700
Program Service Revenue $335
Investment Income $42,341
Other Revenue $0
TOTAL REVENUE $51,376

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,600
Other Expenses $10,600
TOTAL EXPENSES $10,600

Year-over-Year Comparison

2024 2023 Change
Revenue $51,376 $821,135 -0.9%
Expenses $10,600 N/A N/A
Net Income $40,776 $821,135 -1.0%
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
7
Independent Members
7
Employees
N/A
Volunteers
5

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
6
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gretchen Preston President 2
Officer Director
$0 $0 $0
Shannon Peitz Vice President 2
Officer Director
$0 $0 $0
Gregory P Meisner Treasurer 2
Officer Director
$0 $0 $0
Lisa Lemble Secretary 2
Officer Director
$0 $0 $0
Karin Nowak Board Member 2
Director
$0 $0 $0
Eva-Marie Hadfield Board Member 2
Officer
$0 $0 $0
Debra Ross Board Member 2
Officer
$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
2025 No data No data No data No data
2024 $51,376 $10,600 $873,513 $40,776
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