Vibrant Futures
- Assets
- $986.5k
- Revenue
- $4.7m
- Investments
- $0.0
- Employees
- 108
- Location
- Grand Rapids, MI
- Founding
- 07/1969
- Data as of
- 09/2018
- EIN
- 38-2066096
Organization Overview
Vibrant Futures is located in Grand Rapids, MI. The organization was established in 1969. According to its NTEE Classification (P33) the organization is classified as: Child Day Care, under the broad grouping of Human Services and related organizations. As of 09/2016, Vibrant Futures employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vibrant Futures 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 09/2018, Vibrant Futures generated $4.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $4.8m during the year ending 09/2018. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
CAMP FIRE WEST MICHIGAN'S PURPOSE IS TO PROVIDE OPPORTUNITIES FOR CHILDREN AND YOUTH, AND FOR THOSE WHO CARE FOR THEM, SO THAT THEY CAN REALIZE THEIR POTENTIAL AND BECOME CARING, SELF-DIRECTED INDIVIDUALS, RESPONSIBLE TO THEMSELVES AND OTHERS. FURTHER, WE PROVIDE RESOURCES AND SUPPORT FOR CONTINUOUS PROGRAM QUALITY IMPROVEMENT AND WORK TO IMPROVE THOSE CONDITIONS IN SOCIETY THAT AFFECT CHILDREN, YOUTH AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEVEN AFTER SCHOOL PROGRAMS THROUGHOUT THE CITY OF GRAND RAPIDS WHERE WE OFFER 37 WEEKS OF PROGRAMMING. SUMMER PROGRAMS FOR 6 WEEKS, 6 HOURS A DAY, 4 DAYS PER WEEK AT ELEVEN SITES USING CAMP FIRE CURRICULA AS THE FOUNDATION FOR PLANNING ACTIVITIES. BELIEVE 2 BECOME SUMMER PROGRAM - WORKING WITH MIDDLE SCHOOL YOUTH WITH ACTIVITIES TO SEE THEMSELVES GRADUATE FROM HIGH SCHOOL AND GO ON TO COLLEGE OR TRAINING FOR A SPECIFIC CAREER.
CHILD AND ADULT CARE FOOD PROGRAM - CAMP FIRE WEST MICHIGAN IS A SPONSOR OF THE CHILD AND ADULT CARE FOOD PROGRAM FUNDED BY THE U.S. DEPARTMENT OF AGRICULTURE AND ADMINISTERED BY THE MICHIGAN DEPARTMENT OF EDUCATION. IT PROVIDES MONTHLY FINANCIAL REIMBURSEMENT FOR HEALTHY MEALS SERVED TO CHILDREN IN LICENSED AND RELATIVE CHILD CARE HOMES. 757 CHILD CARE PROVIDERS WERE HELPED TO PROVIDE NUTRITIOUS MEALS/SNACKS TO CHILDREN IN THEIR CARE THROUGH THIS PROGRAM IN FISCAL YEAR 2016.
TRAINING AND CONSULTATION PROGRAM - CAMP FIRE WEST MICHIGAN PROVIDES TRAINING AND CONSULTATION TO CHILD CARE AND EARLY EDUCATION PROVIDERS WHICH HELPS THEM INCREASE THE QUALITY OF THEIR PROGRAMS. 9,441 HOURS OF TRAINING WERE PROVIDED IN FISCAL YEAR 2016.
MISCELLANEOUS PROGRAMS RUN BY THE ORGANIZATION USED TO CARRY OUT ITS MISSION STATEMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gayle Orange Executive Director | Officer | 40 | $73,651 |
Dan Gerrity Chair | OfficerTrustee | 1 | $0 |
Deb Parme Treasurer | OfficerTrustee | 1 | $0 |
Lynn Locke Secretary | OfficerTrustee | 1 | $0 |
Wayne Wilson Vice President | OfficerTrustee | 1 | $0 |
Lisa Gort Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,635,392 |
| Investment income | $910 |
| 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 | $4,742,200 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,585,330 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,983 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $910,271 |
| Pension plan accruals and contributions | $6,340 |
| Other employee benefits | $56,826 |
| Payroll taxes | $70,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $16,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,328 |
| Advertising and promotion | $0 |
| Office expenses | $8,263 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,461 |
| Travel | $30,475 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $698 |
| Interest | $4,787 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $480 |
| Insurance | $28,256 |
| All other expenses | $7,175 |
| Total functional expenses | $4,805,728 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,754 |
| Savings and temporary cash investments | $171,836 |
| Pledges and grants receivable | $19,550 |
| Accounts receivable, net | $425,123 |
| 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 | $431 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $173,453 |
| Total assets | $986,467 |
| Accounts payable and accrued expenses | $155,033 |
| Grants payable | $0 |
| Deferred revenue | $198,284 |
| 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 | $0 |
| Total liabilities | $353,317 |
| Net assets without donor restrictions | $307,573 |
| Net assets with donor restrictions | $325,577 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $633,150 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vibrant Futures has recieved totaling $31,215.
| Awarding Organization | Amount |
|---|---|
Grand Rapids Community Foundation Grand Rapids, MI PURPOSE: GENERAL OPERATING SUPPORT | $31,215 |
Endowment Analysis
| Beg. Balance | $170,348 |
| Earnings | $12,607 |
| Grants | $26,300 |
| Ending Balance | $156,655 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Horizon Education Centers North Olmsted, OH | $18,012,561 | $15,661,118 |
Mid-Michigan Child Care Centers Inc Freeland, MI | $1,154,182 | $9,904,930 |
Comprehensive Community Child Care Organization Inc Cincinnati, OH | $5,282,302 | $9,574,418 |
Encompass Early Education And Care Inc Green Bay, WI | $8,419,390 | $8,397,899 |
Tippecanoe County Child Care Inc Lafayette, IN | $4,482,295 | $9,627,858 |
Early Childhood Alliance Inc Fort Wayne, IN | $6,420,930 | $9,413,804 |
St Joseph Academy Inc Milwaukee, WI | $7,083,434 | $6,157,567 |
Potential Development Program Youngstown, OH | $5,230,376 | $7,321,839 |
Wisconsin Youth Company Inc Madison, WI | $3,766,489 | $5,762,746 |
Vibrant Futures Grand Rapids, MI | $986,467 | $4,742,200 |
Ays Inc Indianapolis, IN | $13,208,741 | $6,929,668 |
Ebenezer Child Care Centers Inc West Allis, WI | $4,255,096 | $4,885,385 |