GRAND RAPIDS, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASSOCIATION FOR REFORMED EDUCATION, founded in 2023, is a small nonprofit in the Education sector that reported $299K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $264K left a modest 12% surplus.
THE PURPOSES FOR WHICH THE ASSOCIATION FOR REFORMED EDUCATION IS ORGANIZED ARE EXCLUSIVELY RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MORE SPECIFICALLY, THE CORPORATION IS FORMED TO ASSIST GOD-FEARING FAMILIES IN FULFILLING THEIR BAPTISMAL PROMISE THROUGH HOME SCHOOLING THAT IS CONSISTENT WITH THE PRINCIPLES OF THEIR REFORMED FAITH AND BASED ON THE HOLY BIBLE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $299,027 | $727,462 | -0.6% |
| Expenses | $263,717 | $644,938 | -0.6% |
| Net Income | $35,310 | $82,524 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RYAN BRUNSTING | PRESIDENT | N/A |
Director
|
$0 | $0 | $0 |
| SILAS GEERLINGS | TREASURER | N/A |
Director
|
$0 | $0 | $0 |
| KEITH GRITTERS | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| KYLAR HASSEVOORT | SECRETARY | N/A |
Director
|
$0 | $0 | $0 |
| BRYAN VANBAREN | VICE PRESIDE | N/A |
Director
|
$0 | $0 | $0 |
| JON VANBAREN | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $299,027 | $263,717 | $583,951 | $35,310 |
| 2024 | $727,462 | $644,938 | $91,254 | $82,524 |
| 2023 | $727,462 | $644,938 | $91,254 | $82,524 |
Compare ASSOCIATION FOR REFORMED EDUCATION with other nonprofits in Michigan and across the country.