Local First Educational Foundation: FY2024 Nonprofit Profile & Form 990 (EIN 20-4696543)

Revenue by fiscal year
FY2020	$422K
FY2021	$225K
FY2022	$389K
FY2023	$506K
FY2024	$973K
FY2025	$586K

Expenses by fiscal year
FY2020	$351K
FY2021	$298K
FY2022	$397K
FY2023	$658K
FY2024	$879K
FY2025	$699K

Net assets by fiscal year
FY2020	$293K
FY2021	$220K
FY2022	$212K
FY2023	$60K
FY2024	$153K
FY2025	$40K

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

58 cents of each dollar spent went to programs.

58%

28%

14%

Program services 58% · $513K Management & general 28% · $245K Fundraising 14% · $122K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation

Tammy Karas

President

$0Pt VII · Sec A

Samuel Sedlecky

Treasurer

$0Pt VII · Sec A

Carlos Martinez

Secretary

$0Pt VII · Sec A

Kaylee Moreno Burke

Board Member

$0Pt VII · Sec A

Kyama Kitavi

Board Member

$0Pt VII · Sec A

Gary Glass

Board Member

$0Pt VII · Sec A

See Local First Educational Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers business education to local businesses.

Questions for Local First Educational Foundation

Tap to ask. Local First Educational Foundation sees how many people are interested.

Your first name shows with your question. Local First Educational Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $513K · in their own filed words · FY2024

01

Local first education foundation conducts community education events, including our good for michigan program, to educate business on how to improve their, social, environmental and employee impact, and we facilitate conversations about local ownership and local investment builds a more resilient economy

$449Kprogram expense

02

Local first education foundation works with local business to help educate and implement sustainable business practices and how these practices build the components of a more sustainable economy.

$63Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid

Grants received · FY2024

Rockefeller Philanthropy Advisors INCFY2024$250K

Fred & Barbara Erb Family FoundationFY2024$1K

Total grants receivedfrom 2 funders$251K

Grants paid · 4 grants · $342K · 2020–2025

Local First West Michigan INC Elizabeth S HillaryMI · FY2025$23,120

Local First West Michigan INC Elizabeth S HillaryMI · FY2024$63,311

Local First West Michigan INC Elizabeth S HillaryMI · FY2023$247,873

West Michigan Hispanic Chamber of Commerce FoundationMI · FY2020$7,500

By the numbers

The FY2024 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$973K

Ln 12

Gifts and grantsLn 1h$947K

Fees for servicesLn 2g$32K

Money outPt IX

$879K

Ln 25

Programscol B$513K

Managementcol C$245K

Fundraisingcol D$122K

Owns and owesPt X

$153K

net assets · Ln 32

Cash and savingsLn 1–2$132K

Total assetsLn 16$153K

LiabilitiesLn 26$0

PeoplePt VI, VII

6

listed · VII A

PaidVII A0

Voting boardVI 1a6

IndependentVI 1b6

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$947K

Fundraising eventsLn 1c$24K

Fees for servicesLn 2g$32K

Total revenueLn 12$973K

Assets in detailPt X, end of year

CashLn 1$132K

Cash and savings togetherLn 1–2$132K

Land, buildings, equipmentLn 10c$21K

Total assetsLn 16$153K

LiabilitiesLn 26$0

Net assetsLn 32$153K

OperationsPt I, VI

EmployeesI 50

VolunteersI 615

Fiscal year endsHeaderDecember

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY24	End FY24
Cash and savingsLn 1–2	$21K	$132K
Land, buildings, equipmentLn 10c	$36K	$21K
Total assetsLn 16	$61K	$153K
LiabilitiesLn 26	$2K	$0
Net assetsLn 32	$60K	$153K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$63K	$63K
Management feesLn 11a	$658K	$425K	$117K	$117K
Accounting feesLn 11c	$21K		$21K
Other fees for servicesLn 11g	$20K	$1K	$19K
OccupancyLn 16	$7K		$4K	$4K
TravelLn 17	$6K	$2K	$3K
Depreciation, depletion and amortizationLn 22	$15K		$15K
InsuranceLn 23	$4K		$4K
Other expenses (24a–d)Ln 24	$78K	$20K	$57K	$2K
All other expensesLn 24e	$6K	$1K	$5K
Total functional expensesLn 25	$879K	$513K	$245K	$122K

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest	$586K	$699K	−$113K	$40K	990 PDF
FY2024 Viewing	$973K	$879K	$93K	$153K	990 PDF
FY2023	$506K	$658K	−$152K	$60K	990 PDF
FY2022	$389K	$397K	−$8K	$212K	990 PDF
FY2021	$225K	$298K	−$73K	$220K	990 PDF
FY2020	$422K	$351K	$70K	$293K	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations

See the full FY2024 990 (6 parts)

Part I · Summary $972,764 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $282,487$946,661

I-9 Program service revenuePrior year $238,000$31,870

I-10 Investment incomePrior year $0$0

I-11 Other revenuePrior year −$14,460−$5,767

I-12 Total revenuePrior year $506,027$972,764

I-13 Grants and similar amounts paidPrior year $247,873$63,331

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $410,055$816,137

I-18 Total expensesPrior year $657,928$879,468

I-19 Revenue less expensesPrior year −$151,901$93,296

Part VI · Governance 6 of 6 board members independent, 2 to look at

VI-1a Voting members of the governing body6

VI-1b Independent voting members6

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $972,764 across 6 lines filed

VIII-1c Fundraising events$24,355

VIII-1f All other contributions, gifts and grants$922,306

VIII-1h Total contributions, gifts and grants$946,661

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $31,870$31,870

VIII-8 Net income from fundraising eventsExcluded from tax −$5,767−$5,767

VIII-12 Total revenueRelated to mission $31,870 · Unrelated business $0 · Excluded from tax −$5,767$972,764

Part IX · Statement of functional expenses $879,468 across 10 lines filed

IX-1 Grants to domestic organizationsPrograms $63,331$63,331

IX-11a Management feesPrograms $425,023 · Management $116,733 · Fundraising $116,733$658,489

IX-11c Accounting feesManagement $21,211$21,211

IX-11g Other fees for servicesPrograms $1,150 · Management $18,525$19,675

IX-16 OccupancyManagement $3,503 · Fundraising $3,503$7,006

IX-17 TravelPrograms $2,407 · Management $3,438$5,845

IX-22 Depreciation, depletion and amortizationManagement $15,468$15,468

IX-23 InsuranceManagement $4,179$4,179

IX-24 Other expenses (24a–d)Programs $19,709 · Management $56,684 · Fundraising $1,687$78,080

IX-24e All other expensesPrograms $1,016 · Management $5,168$6,184

IX-25 Total functional expensesPrograms $512,636 · Management $244,909 · Fundraising $121,923$879,468

Part X · Balance sheet $153,020 assets, 8 lines filed

X-1 Cash, non-interest-bearingStart of year $20,725$131,633

X-4 Accounts receivableStart of year $5,000$0

X-10c Land, buildings and equipment, netStart of year $35,749$21,387

X-16 Total assetsStart of year $61,474$153,020

X-17 Accounts payable and accrued expensesStart of year $1,750$0

X-26 Total liabilitiesStart of year $1,750$0

X-32 Total net assets or fund balancesStart of year $59,724$153,020

X-33 Total liabilities and net assetsStart of year $61,474$153,020

Part XI · Reconciliation of net assets $153,020 net assets at year end

XI-1 Total revenue$972,764

XI-2 Total expenses$879,468

XI-3 Revenue less expenses$93,296

XI-4 Net assets at start of year$59,724

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$153,020

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Local First Educational Foundation FY2024 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Local First Educational Foundation

Funders

Grants

By the numbers

Filing history

Schedules filed Part IV