41
Local First Educational Foundation
Community Development · Grand Rapids, Michigan
1209 Kalamazoo Ave Se, Grand Rapids, MI 49507-1922
EIN: 204696543· Founded: Jun 2006· 20 years active· Filing Year: 2023
Annual Revenue
$506K
Total Expenses
$658K
Total Assets
$61K
Program Spending
36%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
Not reported
All officers, directors, and key employees combined
Other Salaries & Wages
Not reported
Total Payroll
Not reported
Where the Money Goes
36%
Programs: 36%
Payroll: 0%
Other overhead: 64%
Program Revenue$238K (47%)
Total Expenses$658K (100%)
Overhead (non-program)64%
Trust Score Breakdown
Program Spending Ratio
36% of expenses go to programs
Revenue & Stability
$506K annual revenue
Executive Compensation
Not reported
Filing Recency
Most recent filing: 2023
Asset Strength
$61K in assets
Similar Community Development Nonprofits in Michigan
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.