The Michigan Shores Club Foundation
Nonprofit profile at a glance
- EIN
- 270726370
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2010
- Location
- Wilmette, IL, USA
- Phone
- 8472514100
- Rating
- 97
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $107,663
- Expenses
- $126,591
- Assets
- $473,798
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- HARRY J GEANULEAS THROUGH MAY 2025 (DIRECTOR)
- SABRINA C MCBRIDE (DIRECTOR)
- JENNIFER DUBOC (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the organization is to provide qualified scholarships to individuals pursuing degrees at educational organizations described in irc section 170(b)(1)(a)(ii). In addition to the foregoing, the foundation shall have the authority to make payments and expense reimbursements that constitute qualified disaster relief payments as that term is defined under section 139 of the internal revenue code of 1986, as amended.
What it reported doing in 2025
Provide scholarships to educational institutions as well as vocational schools, language schools, and citizen training schools for the purpose of furthering the education of qualified recipients. Qualified recipients incldue employees of Michigan shores club and their spouses and children. 19 students received scholarships during 2025.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
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.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.6%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -17.6%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 3.74; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 10% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 20th percentile among comparable filings
- Asset growth: 4.6% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $122K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 8/100.