Hemophilia Foundation Of Michigan
- Assets
- $2.9m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 21
- Location
- Ypsilanti, MI
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 38-1905673
Organization Overview
Hemophilia Foundation Of Michigan is located in Ypsilanti, MI. The organization was established in 1997. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Hemophilia Foundation Of Michigan employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hemophilia Foundation Of Michigan is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Hemophilia Foundation Of Michigan generated $3.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $4.3m during the year ending 12/2023. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hemophilia Foundation Of Michigan has awarded 175 individual grants totaling $8,373,742. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE HEMOPHILIA FOUNDATION OF MICHIGAN (HFM) PROVIDES SUPERVISION TO 19 HEMOPHILIA TREATMENT CENTER GRANTEES UNDER THE FEDERAL HEMOPHILIA PROGRAMS. OTHER PROGRAMS INCLUDE COMMUNITY EDUCATION, PREVENTION, SHORT TERM COUNSELING AND REFERRAL, CAMP, AND ADVOCACY.
Describe the Organization's Program Activity:
MEDICAL SERVICES - PROVIDED ADMINISTRATIVE SUPPORT AND FEDERAL PASS-THROUGH FUNDING TO TREATMENT CENTERS THAT DELIVERED COMPREHENSIVE CARE TO THOSE WITH HEMOPHILIA AND OTHER BLEEDING AND CLOTTING DISORDERS.
CLIENT SUPPORT SERVICES - ASSISTED CLIENTS AND THEIR FAMILIES IN DEALING WITH BURDEN OF LIVING WITH HEMOPHILIA, HIV/AIDS, 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 THAT INCLUDES BUT IT IS NOT LIMITED TO SITUATIONS SUCH AS EVICTION OR UTILITY SHUTOFF. THE PROGRAM IS FACILITATED IN PARTNERSHIP WITH THE HEMOPHILIA TREATMENT CENTER SOCIAL WORKERS. THE FUNDING FOR THE FINANCIAL ASSISTANCE PROGRAM IS DETERMINED AT BUDGET TIME AND THAT AMOUNT IS GIVEN TO THE SOCIAL WORKER ON OUR STAFF WHO MONITORS THE FINANCIAL ASSISTANCE PROGRAM. SHE TRACKS THE SPENDING ON AN ONGOING BASIS AND PERIODICALLY RECONCILES HER AMOUNTS WITH THE PROJECT THAT IS RECORDED IN OUR ACCOUNTING SYSTEM AS ACTUAL COSTS ARE INCURRED. DELTA DENTAL PROGRAM - LIKE THE FINANCIAL ASSISTANCE PROGRAM, THE PROGRAM GUIDELINES REQUIRE THAT THE APPLICANT BE A MICHIGAN RESIDENT AND HAVE A CONGENITAL BLEEDING DISORDER. ONCE APPROVED THE INDIVIDUAL MUST USE THIS SERVICE AT LEAST ONCE ANNUALLY IN ORDER TO QUALIFY FOR THE PROGRAM THE NEXT YEAR. THE FUNDING FOR THE DELTA DENTAL PROGRAM IS DETERMINED AT BUDGET TIME. THIS PROGRAM IS FUNDED BY CASCADE; IT IS 100K FOR DENTAL COST AND 20 TO ADMINISTER THE PROGRAM FOR HFM. WE TRACK THE PROGRAM WITH A PROJECT IN OUR ACCOUNTING SYSTEM SO WE CAN TRACK THE COST ON AN ONGOING BASIS AS THEY ARE INCURRED. TUITION SCHOLARSHIP PROGRAM - APPLICANTS MUST BE INDIVIDUALS WITHIN THE BLEEDING DISORDERS COMMUNITY WHO RESIDE IN THE STATE OF MICHIGAN SEEKING A POST-SECONDARY EDUCATION, WHICH CAN INCLUDE A COMMUNITY COLLEGE, UNIVERSITY, GRADUATE LEVEL OR TRADE SCHOOL. THIS INCLUDES THOSE WITH BLEEDING DISORDERS (CLOTTING DISORDERS ARE NOT ELIGIBLE FOR THIS SCHOLARSHIP) AND IMMEDIATE FAMILY MEMBERS (PARENT, SIBLING, AND GRANDCHILD) OF THOSE WITH A BLEEDING DISORDER. APPLICANTS SUBMIT THEIR APPLICATION TO THE SCHOLARSHIP COMMITTEE, WHO THEN REVIEW ALL THE APPLICANTS AND CHOOSE ONE BASED ON PREVIOUSLY AGREED ON CRITERIA. THE AMOUNT OF THE SCHOLARSHIP IS PREDETERMINED AT BUDGET DEVELOPMENT.
HFM CAMPING ADVENTURES WAS FORMED IN ORDER TO PROVIDE A CAMP EXPERIENCE FOR CHILDREN AFFECTED BY HEMOPHILIA, HEREDITARY BLEEDING DISORDERS, AND RELATED COMPLICATIONS INCLUDING HIV INFECTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elliot Jones President | OfficerTrustee | 1 | $0 |
David Hart Secretary | OfficerTrustee | 1 | $0 |
Troy Briggs Treasurer | OfficerTrustee | 1 | $0 |
Jason Rogers Vice Preside | OfficerTrustee | 1 | $0 |
Kathleen Donohoe Director | Trustee | 1 | $0 |
Ismael Jaber Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,087 |
| Membership dues | $3,210 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,029,279 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,820,325 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,858,901 |
| Total Program Service Revenue | $60,334 |
| Investment income | $21,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,941,132 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $840,190 |
| Grants and other assistance to domestic individuals. | $148,822 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $331,879 |
| Compensation of current officers, directors, key employees. | $14,287 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $926,027 |
| Pension plan accruals and contributions | $54,466 |
| Other employee benefits | $197,650 |
| Payroll taxes | $95,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,906 |
| Fees for services: Accounting | $33,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $152,950 |
| Advertising and promotion | $0 |
| Office expenses | $221,485 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $137,901 |
| Travel | $552,496 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,486 |
| Interest | $0 |
| Payments to affiliates | $453,795 |
| Depreciation, depletion, and amortization | $30,702 |
| Insurance | $15,572 |
| All other expenses | $0 |
| Total functional expenses | $4,264,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $672,295 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $612,388 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,257 |
| Net Land, buildings, and equipment | $554,789 |
| Investments—publicly traded securities | $864,385 |
| Investments—other securities | $0 |
| Investments—program-related | $169,853 |
| Intangible assets | $0 |
| Other assets | $12,601 |
| Total assets | $2,911,568 |
| Accounts payable and accrued expenses | $373,119 |
| Grants payable | $0 |
| Deferred revenue | $5,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,306 |
| Total liabilities | $390,425 |
| Net assets without donor restrictions | $2,482,981 |
| Net assets with donor restrictions | $38,162 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,911,568 |
Grants Awarded
Over the last fiscal year, Hemophilia Foundation Of Michigan has awarded $839,690 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AKRON CHILDRENS HOSPITAL PURPOSE: MEDICAL SERVICES | $24,176 |
BRONSON METHODIST HOSPITAL PURPOSE: MEDICAL SERVICES | $44,391 |
CHILDREN'S HOSPITAL OF CINCINNATI PURPOSE: MEDICAL SERVICES | $49,379 |
COREWELL HEALTH PURPOSE: MEDICAL SERVICES | $35,437 |
DAYTON CHILDRENS MEDICAL CENTER PURPOSE: MEDICAL SERVICES | $40,976 |
HURLEY HOSPITAL PURPOSE: MEDICAL SERVICES | $39,500 |