West Michigan Sustainable Business Forum
EIN: 263787387 · Grand Rapids, MI · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $826K |
| Total Expenses | $651K |
| Net Assets | $429K |
Is West Michigan Sustainable Business Forum Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West Michigan Sustainable Business Forum
West Michigan Sustainable Business Forum (EIN: 263787387) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code B99. The organization reported total revenue of $826K and total assets of $486K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Michigan Sustainable Business Forum's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Michigan Sustainable Business Forum is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 25.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $876K |
| Total Expenses | $651K |
| Surplus / Deficit | +$225K |
| Total Assets | $494K |
| Total Liabilities | $65K |
| Net Assets | $429K |
| Operating Margin | 25.7% |
| Debt-to-Asset Ratio | 13.2% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2024, West Michigan Sustainable Business Forum reported a surplus of $225K with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 13.2% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), West Michigan Sustainable Business Forum's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +74.6% | +42.1% | +93.5% |
| 2023 | +17.1% | +51.3% | +19.4% |
| 2022 | +123.0% | +39.9% | +125.4% |
| 2021 | -7.7% | +4.4% | +1.4% |
| 2020 | +18.1% | +24.1% | +34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West Michigan Sustainable Business Forum has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates West Michigan Sustainable Business Forum with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $225K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.2%.
Frequently Asked Questions about West Michigan Sustainable Business Forum
Is West Michigan Sustainable Business Forum a legitimate charity?
West Michigan Sustainable Business Forum (EIN: 263787387) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $826K. No red flags identified. Financial health grade: A.
How does West Michigan Sustainable Business Forum spend its money?
West Michigan Sustainable Business Forum reported $826K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to West Michigan Sustainable Business Forum tax-deductible?
West Michigan Sustainable Business Forum is registered as a tax-exempt nonprofit (EIN: 263787387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West Michigan Sustainable Business Forum located?
West Michigan Sustainable Business Forum is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 263787387. It is classified under NTEE code B99.
How many years of IRS 990 filings does West Michigan Sustainable Business Forum have?
West Michigan Sustainable Business Forum has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $826K in total revenue.
Filing History
IRS 990 filing history for West Michigan Sustainable Business Forum showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), West Michigan Sustainable Business Forum's revenue has grown by 1425.5%, moving from $57K to $876K. Total assets increased by 1300.7% over the same period, from $35K to $494K. Total functional expenses rose by 1102.9%, from $54K to $651K. In its most recent filing year (2024), West Michigan Sustainable Business Forum reported a surplus of $225K, with revenue exceeding expenses. The organization holds $65K in liabilities against $494K in assets (debt-to-asset ratio: 13.2%), resulting in net assets of $429K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $876K | $651K | $494K | $65K | — | — |
| 2023 | $502K | $458K | $256K | $113K | — | View 990 |
| 2022 | $429K | $303K | $214K | $23K | — | View 990 |
| 2021 | $192K | $217K | $95K | $29K | — | View 990 |
| 2020 | $208K | $207K | $94K | $33K | — | View 990 |
| 2019 | $176K | $167K | $70K | $6K | — | View 990 |
| 2018 | $176K | $161K | $70K | $16K | — | View 990 |
| 2017 | $58K | $47K | $103K | $64K | — | View 990 |
| 2016 | $123K | $115K | $52K | $17K | — | View 990 |
| 2015 | $131K | $134K | $35K | $8K | — | View 990 |
| 2014 | $83K | $74K | $34K | $3K | — | View 990 |
| 2013 | $56K | $55K | $30K | $7K | — | View 990 |
| 2012 | $57K | $54K | $35K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $876K, expenses of $651K, and assets of $494K (revenue +74.6% year-over-year).
- 2023: Revenue of $502K, expenses of $458K, and assets of $256K (revenue +17.1% year-over-year).
- 2022: Revenue of $429K, expenses of $303K, and assets of $214K (revenue +123.0% year-over-year).
- 2021: Revenue of $192K, expenses of $217K, and assets of $95K (revenue -7.7% year-over-year).
- 2020: Revenue of $208K, expenses of $207K, and assets of $94K (revenue +18.1% year-over-year).
- 2019: Revenue of $176K, expenses of $167K, and assets of $70K (revenue +0.2% year-over-year).
- 2018: Revenue of $176K, expenses of $161K, and assets of $70K (revenue +203.2% year-over-year).
- 2017: Revenue of $58K, expenses of $47K, and assets of $103K (revenue -52.7% year-over-year).
- 2016: Revenue of $123K, expenses of $115K, and assets of $52K (revenue -6.0% year-over-year).
- 2015: Revenue of $131K, expenses of $134K, and assets of $35K (revenue +57.9% year-over-year).
- 2014: Revenue of $83K, expenses of $74K, and assets of $34K (revenue +47.3% year-over-year).
- 2013: Revenue of $56K, expenses of $55K, and assets of $30K (revenue -2.3% year-over-year).
- 2012: Revenue of $57K, expenses of $54K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Michigan Sustainable Business Forum:
Data Sources and Methodology
This transparency report for West Michigan Sustainable Business Forum is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.