Totals
- Total revenue
- $3,243,455
- Total expenses
- $3,267,266
- Contributions and grants received
- $3,072,763
- Grants paid
- $0
- Program service revenue
- $31,173
- Investment income
- $139,519
- Other revenue
- $0
- Total assets, end of year
- $3,213,420
- Total liabilities, end of year
- $3,060,298
- Net assets or fund balances, end of year
- $153,122
- Program services expenses (Part IX)
- $2,798,028
- Management and general expenses
- $335,664
- Fundraising expenses
- $133,574
- Program service expenses (Part III)
- $2,798,028
Program services were 85.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$515,110
-
1e · Government grants (contributions)
$2,497,062
-
1f · All other contributions, gifts and grants
$60,591
-
2a · Program service revenue: PROGRAM & EVENT REVENUE
total $31,173 · related or exempt $31,173
-
3 · Investment income
total $127,836 · excluded $127,836
-
7a · Gross sales of assets other than inventory
securities $2,170,000
-
7b · Less cost or other basis and sales expenses
securities $2,158,317
-
7c · Gain or loss
securities $11,683
-
7d · Net gain or loss
total $11,683 · excluded $11,683
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $450,910 · program services $318,324 · management and general $66,293 · fundraising $66,293
-
7 · Other salaries and wages
total $630,489 · program services $529,036 · management and general $68,251 · fundraising $33,202
-
8 · Pension plan contributions
total $17,889 · program services $15,434 · management and general $1,869 · fundraising $586
-
9 · Other employee benefits
total $62,953 · program services $53,610 · management and general $4,763 · fundraising $4,580
-
10 · Payroll taxes
total $71,125 · program services $55,967 · management and general $8,805 · fundraising $6,353
-
11b · Fees: legal
total $13,414 · program services $6,244 · management and general $7,170
-
11c · Fees: accounting
total $43,910 · program services $5,580 · management and general $38,330
-
11d · Fees: lobbying
total $28,250 · program services $28,250
-
11g · Fees: other
total $419,709 · program services $410,272 · management and general $9,140 · fundraising $297
-
12 · Advertising and promotion
total $23,551 · management and general $14,131 · fundraising $9,420
-
13 · Office expenses
total $19,918 · program services $17,144 · management and general $1,762 · fundraising $1,012
-
14 · Information technology
total $41,568 · program services $33,462 · management and general $5,149 · fundraising $2,957
-
16 · Occupancy
total $67,963 · program services $60,748 · management and general $3,724 · fundraising $3,491
-
17 · Travel
total $68,643 · program services $58,288 · management and general $10,355
-
19 · Conferences, conventions and meetings
total $42,210 · program services $42,210
-
20 · Interest
total $3,509 · management and general $3,509
-
22 · Depreciation, depletion and amortization
total $22,867 · program services $20,581 · management and general $1,143 · fundraising $1,143
-
23 · Insurance
total $6,183 · program services $5,030 · management and general $791 · fundraising $362
-
24a · Other expenses: DATA, RESEARCH, AND REP
total $1,015,822 · program services $1,015,822
-
24b · Other expenses: MISCELLANEOUS
total $74,005 · program services $2,447 · management and general $71,422 · fundraising $136
-
24c · Other expenses: WORKING GROUP EXPENSES
total $69,974 · program services $69,974
-
24d · Other expenses: PROGRAM RESOURCES
total $28,332 · program services $28,332
-
24e · All other expenses
total $44,072 · program services $21,273 · management and general $19,057 · fundraising $3,742
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $213,688 · end of year $312,630
-
2 · Savings and temporary cash investments
beginning of year $3,663,614 · end of year $1,624,755
-
3 · Pledges and grants receivable
beginning of year $17,790 · end of year $973,692
-
4 · Accounts receivable
beginning of year $92,500 · end of year $72,570
-
9 · Prepaid expenses and deferred charges
beginning of year $15,616 · end of year $142,057
-
10a · Land, buildings and equipment: cost or other basis
$151,644
-
10b · Land, buildings and equipment: accumulated depreciation
$79,114
-
10c · Land, buildings and equipment, net
beginning of year $47,495 · end of year $72,530
-
15 · Other assets
beginning of year $60,442 · end of year $15,186
-
17 · Accounts payable and accrued expenses
beginning of year $123,961 · end of year $327,329
-
19 · Deferred revenue
beginning of year $3,614,730 · end of year $2,592,099
-
23 · Secured mortgages and notes payable
beginning of year $125,000 · end of year $125,000
-
25 · Other liabilities
beginning of year $62,247 · end of year $15,870
-
27 · Net assets without donor restrictions
beginning of year $152,707 · end of year $148,893
-
28 · Net assets with donor restrictions
beginning of year $32,500 · end of year $4,229
Mission and programs · 2024
Mission
TALENTFIRST CONVENES BUSINESS LEADERS, LEVERAGES DATA AND INSIGHTS, AND ADVANCES STRATEGIES TO DEFINE THE SKILLS AND CREDENTIALS EMPLOYERS NEED, CLOSE WORKFORCE GAPS, AND STRENGTHEN WEST MICHIGAN AS A LEADER IN EMPLOYER-DRIVEN TALENT SOLUTIONS.
Activities or mission (Part I)
CATALYZE AN ALIGNED TALENT SYSTEM FROM EARLY CHILDHOOD TO CAREER, SO EMPLOYERS HAVE THE TALENT THEY NEED NOW AND IN THE FUTURE.
-
TALENTFIRST IS A CEO ALLIANCE SERVING 13 COUNTIES IN WEST MICHIGAN, PROVIDING LEADERSHIP ON THE REGION'S MOST PRESSING TALENT CHALLENGES. GUIDED BY OUR NEW STRATEGIC PLAN, WE CONVENE BUSINESS LEADERS, LEVERAGE DATA AND INSIGHTS, AND ADVANCE STRATEGIES TO DEFINE THE SKILLS AND CREDENTIALS EMPLOYERS NEED, CLOSE WORKFORCE GAPS, AND STRENGTHEN WEST MICHIGAN AS A LEADER IN EMPLOYER-DRIVEN TALENT SOLUTIONS. OUR WORK ENSURES THAT EMPLOYERS CAN ATTRACT, RETAIN, AND DEVELOP THE TALENT THEY NEED AND THAT INDIVIDUALS ACROSS THE REGION HAVE OPPORTUNITIES TO PROSPER.
Expenses $1,158,101 · Revenue $31,173
-
THE MICHIGAN CENTER FOR ADULT AND COLLEGE SUCCESS SERVES AS THE STATE'S PRIMARY RESOURCE FOR RESEARCH, SUPPORT, AND BEST PRACTICES ON ENSURING ADULT ENROLLMENT AND COMPLETION OF CREDENTIALS. THIS INITIATIVE IS FUNDED WITH AN APPROPRIATION FROM THE STATE OF MICHIGAN. ACTIVITIES INCLUDED RESEARCH, TECHNICAL ASSISTANCE AND EVIDENCE-BASED BEST PRACTICE IMPLEMENTATION AT COLLEGES AND UNIVERSITIES.
Expenses $1,639,927
As filed on the 2024 return.
Listed in Part VII
-
Mark WhiteMARK WHITE
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Matt BiersackMATT BIERSACK
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Ginny SeyferthGINNY SEYFERTH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
John KennedyJOHN KENNEDY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rick KeyesRICK KEYES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Brian KrausBRIAN KRAUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amy KraalAMY KRAAL
CO-CHAIR
- Total calculated
- $0
- Hours/week
- 1.5
-
Bill PinkBILL PINK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jay PrestonJAY PRESTON
TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Michael DavenportMICHAEL DAVENPORT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John WilsonJOHN WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.25
-
Tracie MorrisTRACIE MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Victor SturgisVICTOR STURGIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Franco BianchiFRANCO BIANCHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin StottsKEVIN STOTTS
PRESIDENT
- Total calculated
- $265,172
- From this org
- $231,325
- From related orgs
- $0
- Other
- $33,847
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $210,525
- Bonus
- $20,800
- Other
- $0
- Deferred
- $12,100
- Nontaxable benefits
- $21,747
- Filer's total
- $265,172
-
Jeremy HendgesJEREMY HENDGES
DIRECTOR OF MI CENTER FOR
- Total calculated
- $185,738
- From this org
- $157,287
- From related orgs
- $0
- Other
- $28,451
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $157,287
- Bonus
- $0
- Other
- $0
- Deferred
- $6,617
- Nontaxable benefits
- $21,834
- Filer's total
- $185,738
-
Matt DemonbrunMATT DEMONBRUN
RESEARCH DIRECTOR
- Total calculated
- $140,686
- From this org
- $114,628
- From related orgs
- $0
- Other
- $26,058
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 7 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533179349306158
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