Vibrant Kalamazoo
Nonprofit profile at a glance
- EIN
- 453232686
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Kalamazoo, MI, USA
- Phone
- 2692169670
- Rating confidence
- Limited
- Sector
- Single Organization Support
Reported finances
- Expenses
- $2,303
- Assets
- $75,393
- Liabilities
- $7,281
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- ZACHARY BAUER (DIRECTOR)
- THOMAS WHITENER (CHAIR)
- RILEY LUKOMSKI (MEMBER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization was established to support the kalamazoo county land bank to create vibrant communities through the elimination of blighted properties, creation of affordable housing opportunities and stabilization of property values in kalamazoo county. The organization raises funds, sponsors events, and provides technical assistance to other activity sponsors and organizers.
What it reported doing in 2024
Support kalamazoo county land bank
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 52% for direct work, and 48% for grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 34
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 32.74; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: -20.9% per year; rating input score 0; 40th percentile among comparable filings
- Revenue growth: -11.9% per year; rating input score 0; 52nd percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2016 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.