Hemophilia Foundation of Michigan
Nonprofit profile at a glance
- EIN
- 381905673
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025, Form 990-T 2025
- Location
- Ypsilanti, MI, USA
- Phone
- 7345440015
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Birth Defects and Genetic Diseases
Reported finances
- Revenue
- $4,413,608
- Expenses
- $4,695,502
- Assets
- $4,351,200
- Liabilities
- $1,551,762
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Jason Rogers (President)
- Jim Mohnach (Vice-President)
- Susan Lerch (Executive Director)
Highest reported compensation
- Susan Lerch (Executive Director): $207,481 total reported compensation
- Gwyn Hulswit (Associate Director): $174,990 total reported compensation
- Travis Tussing (Regional Admin): $150,581 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Hemophilia Foundation of Michigan strives to improve the quality of life for all people affected by hemophilia, von Willebrand disease, other coagulation disorders, and related complications.
What it reported doing in 2025
Client Support Services - Assisted clients and their families in dealing with burden of living with hemophilia and other bleeding disorders. Financial Assistance Program - The Hemophilia Foundation of Michigan's financial assistance program assists the Michigan bleeding disorders community during some of its most challenging times. The program guidelines require that the applicant be a Michigan resident, have a congenital bleeding disorder, and have an immediate financial challenge.
Operating model
- Revenue model
- Donor-supported. 74% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 63% for direct work, 24% for grants, and 13% for affiliated organizations.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 88
- Accountability: 95
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.3%; rating input score 92
- Program expense ratio: 86.7%; rating input score 87
- Fundraising efficiency: $30.83 raised per $1 spent on fundraising; rating input score 70; 70th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.9%; rating input score 100; 48th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6.4%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.93; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 0.36; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 13.3%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: 3.5% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 92.3% of revenue deployed · 86.7% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $4.1M in reported program spending
- Leadership: top reported pay $207K · 14 people listed · 3 of 6 pay-setting controls reported
- Consistency: 34 of 34 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 22 filed money-flow records
- Related organizations: 19 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 13/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- High — Sustainability: Officer compensation ratio scored 25/100.