Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2010.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
86 cents of each dollar spent went to programs.
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
17 people listed on the 990; $503K paid to officers and key staff (Part VII, Section A).
Kevin Stotts’s $231K as President is at the 75th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Kevin Stotts | $231,325 | $224,388 | $217,991 | $199,236 | $180,314 |
| Jeremy Hendges | $157,287 | $120,070 | — | — | — |
| Matt Demonbrun | $114,628 | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
See Talent First INC executive salaries →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
Connects businesses and educators to develop skilled workers for West Michigan.
Questions for Talent First INC
Your first name shows with your question. Talent First INC answers here, for everyone.
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.
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…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Federal money
The auditor reported 12 findings: a material weakness in money controls, questioned costs.
The auditor reported 12 findings: a material weakness in money controls.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.9M | $1.9M |
| Land, buildings, equipmentLn 10c | $47K | $73K |
| Total assetsLn 16 | $4.1M | $3.2M |
| LiabilitiesLn 26 | $3.9M | $3.1M |
| Net assetsLn 32 | $185K | $153K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $451K | $318K | $66K | $66K |
| Other salaries and wagesLn 7 | $630K | $529K | $68K | $33K |
| Pension plan contributionsLn 8 | $18K | $15K | $2K | $586 |
| Other employee benefitsLn 9 | $63K | $54K | $5K | $5K |
| Payroll taxesLn 10 | $71K | $56K | $9K | $6K |
| Legal feesLn 11b | $13K | $6K | $7K | |
| Accounting feesLn 11c | $44K | $6K | $38K | |
| Lobbying feesLn 11d | $28K | $28K | ||
| Other fees for servicesLn 11g | $420K | $410K | $9K | $297 |
| Advertising and promotionLn 12 | $24K | $14K | $9K | |
| Office expensesLn 13 | $20K | $17K | $2K | $1K |
| Information technologyLn 14 | $42K | $33K | $5K | $3K |
| OccupancyLn 16 | $68K | $61K | $4K | $3K |
| TravelLn 17 | $69K | $58K | $10K | |
| Conferences, conventions and meetingsLn 19 | $42K | $42K | ||
| InterestLn 20 | $4K | $4K | ||
| Depreciation, depletion and amortizationLn 22 | $23K | $21K | $1K | $1K |
| InsuranceLn 23 | $6K | $5K | $791 | $362 |
| Other expenses (24a–d)Ln 24 | $1.2M | $1.1M | $71K | $136 |
| All other expensesLn 24e | $44K | $21K | $19K | $4K |
| Total functional expensesLn 25 | $3.3M | $2.8M | $336K | $134K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 13, 2025 | $3.2M | $3.3M | −$24K | $153K | 990 PDF |
| FY2023Filed with the IRS Jul 8, 2024 | $1.7M | $1.7M | $85K | $185K | 990 PDF |
| FY2022Filed with the IRS Sep 15, 2023 | $1.1M | $1.1M | −$58K | $92K | 990 PDF |
| FY2021Filed with the IRS Nov 10, 2022 | $703K | $626K | $77K | $125K | 990 PDF |
| FY2020Filed with the IRS Jan 7, 2022 | $726K | $838K | −$112K | $49K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $3,243,455 revenue, 12 lines filed
Part VI · Governance 14 of 14 board members independent, no flags
Part VIII · Statement of revenue $3,243,455 across 8 lines filed
Part IX · Statement of functional expenses $3,267,266 across 20 lines filed
Part X · Balance sheet $3,213,420 assets, 17 lines filed
Part XI · Reconciliation of net assets $153,122 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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