Michigan Family Resources

Education organization based in Grand Rapids, MI. 448 employees. Exempt under §501(c)(3).

MissionMichigan Family Resources mission is to deliver holistic family-centered services to children that promote their well-being and development.

Financial snapshot · TY 2023

$29.7M
Total revenue
$29.8M
Total expenses
$6.6M
Net assets

Financial health · TY 2023

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
0 months of expenses
Program efficiency
100
91.1% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Madonna Princer
Executive Director
$266,319
58th percentile vs. peers
Kari Clark
Program Director
$217,310
79th percentile vs. peers
James Vandermaas
Operations Director
$212,048
59th percentile vs. peers
Sheila Palazzo
IT Director
$211,969
75th percentile vs. peers
$198,062
68th percentile vs. peers

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