Public & Societal Benefit
(W11)
990 on File
KALAMAZOO FOUNDATION FOR EXCELLENCE
Financial strength (30%)
74/100
Reliability (20%)
45/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2025
$60.2M
Total Revenue
$22.0M
Total Expenses
$564.1M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
95.0%
Fundraising Efficiency
N/A
Operating Reserve
308.07x
Liability-to-Asset
0.1%
Revenue Diversification
70.6%
Executive Compensation
$185K
Compared with Peers
FY 2025
Compared with 59 similar organizations
(United States, Public & Societal Benefit, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
95.0% | 82.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
4.7% | 11.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.3% | 0.0% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
308.1 mo | 10.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 23.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
70.6% | 92.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
33.9% | 5.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
2.7% | 8.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
63.5% | 3.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $60.2M | $22.0M | $564.1M | 95.0% | 1 |
| 2024 | $44.9M | $21.4M | $516.7M | 95.7% | 1 |
| 2023 | $7.1M | $19.3M | $470.2M | 96.0% | 1 |
| 2022 | $-45,996 | $443K | $449.3M | 0.0% | 0 |
| 2021 | $736.7M | $417K | N/A | — | 0 |
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