I Understand Love Heals FY2022 filing
Erasing stigma to build communities that understand and support mental health. For fiscal year 2022 it reported $267K in revenue, $196K in expenses, and $318K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Mental Health
- Location
- Grand Rapids, MI
- Website
- iunderstandloveheals.com
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Yvonne Woodrick’s $95K as President is at the 81st percentile of top reported officer pay among 2082 $100K–1M mental health 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 |
|---|---|---|---|---|---|
| Yvonne Woodrick | $95,058 | — | — | — | — |
| Yvonne Woodrick | — | $75,002 | — | — | — |
| Vonnie Woodrick | — | — | $75,000 | $75,000 | $75,000 |
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.
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Where the work happens
Establishing informed, understanding, and compassionate communities by erasing stigma associated with suicide and mental illness.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 36% | — | — |
| Overhead ratio | 39% | — | — |
| Fundraising cost ratio | 12% | — | — |
| Revenue growth | 1% | — | — |
| Investment management fee ratio | 0.4% | — | — |
| Legal fee ratio | 0.2% | — | — |
| Accounting fee ratio | 5% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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