Civic Intelligence

Whaley Memorial Foundation

990 • Fiscal year 2023 • EIN 38-1358235

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 01, 2024

1201 N Grand Traverse StFlint, MI 48503

(810) 234-3603

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.06x

Higher debt load relative to assets than 32% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

33rd percentile

0.13x

Higher debt load relative to revenue than 33% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

72nd percentile

$261,379

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

59th percentile

9.2%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

0.6%

Faster revenue growth than 40% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$15,329,060

Up $1,293,530 (+9.2%) from 2022

Net Assets

Up

$14,400,006

Up $844,505 (+6.2%) from 2022

Liabilities

Up

$929,054

Up $449,025 (+94%) from 2022

Revenue

Up

$7,398,174

Up $41,472 (+0.6%) from 2022

Expenses

Up

$8,329,485

Up $1,634,267 (+24%) from 2022

Net Income

Down

-$931,311

Down $1,592,795 (-241%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $6,660,364Liabilities 2010: $345,100Net Assets 2010: $6,315,2642010Assets 2011: $6,547,925Liabilities 2011: $315,929Net Assets 2011: $6,231,9962011Assets 2012: $6,838,509Liabilities 2012: $330,675Net Assets 2012: $6,507,8342012Assets 2013: $7,638,998Liabilities 2013: $322,213Net Assets 2013: $7,316,7852013Assets 2014: $11,528,057Liabilities 2014: $435,146Net Assets 2014: $11,092,9112014Assets 2015: $11,293,188Liabilities 2015: $714,886Net Assets 2015: $10,578,3022015Assets 2016: $10,969,614Liabilities 2016: $1,253,579Net Assets 2016: $9,716,0352016Assets 2017: $11,563,388Liabilities 2017: $1,480,332Net Assets 2017: $10,083,0562017Assets 2018: $10,943,364Liabilities 2018: $1,119,872Net Assets 2018: $9,823,4922018Assets 2019: $12,089,442Liabilities 2019: $869,989Net Assets 2019: $11,219,4532019Assets 2020: $13,282,347Liabilities 2020: $1,875,990Net Assets 2020: $11,406,3572020Assets 2021: $14,711,465Liabilities 2021: $625,298Net Assets 2021: $14,086,1672021Assets 2022: $14,035,530Liabilities 2022: $480,029Net Assets 2022: $13,555,5012022Assets 2023: $15,329,060Liabilities 2023: $929,054Net Assets 2023: $14,400,0062023Assets 2024: $17,204,981Liabilities 2024: $1,769,165Net Assets 2024: $15,435,8162024

Highlighted filing

2023

Assets$15,329,060
Liabilities$929,054
Net Assets$14,400,006

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $3,547,7652010Expenses 2011: $3,686,2622011Expenses 2012: $4,030,0682012Revenue 2013: $3,996,165Expenses 2013: $3,964,503Net Income 2013: $31,6622013Revenue 2014: $7,956,127Expenses 2014: $4,188,862Net Income 2014: $3,767,2652014Revenue 2015: $4,001,320Expenses 2015: $3,860,756Net Income 2015: $140,5642015Revenue 2016: $3,662,353Expenses 2016: $5,064,668Net Income 2016: -$1,402,3152016Revenue 2017: $4,650,812Expenses 2017: $5,087,743Net Income 2017: -$436,9312017Revenue 2018: $6,894,171Expenses 2018: $5,418,094Net Income 2018: $1,476,0772018Revenue 2019: $7,371,596Expenses 2019: $5,856,117Net Income 2019: $1,515,4792019Revenue 2020: $5,605,464Expenses 2020: $6,205,341Net Income 2020: -$599,8772020Revenue 2021: $7,553,701Expenses 2021: $6,386,042Net Income 2021: $1,167,6592021Revenue 2022: $7,356,702Expenses 2022: $6,695,218Net Income 2022: $661,4842022Revenue 2023: $7,398,174Expenses 2023: $8,329,485Net Income 2023: -$931,3112023Revenue 2024: $9,731,254Expenses 2024: $8,756,891Net Income 2024: $974,3632024

Highlighted filing

2023

Revenue$7,398,174
Expenses$8,329,485
Net Income-$931,311
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 1, 2024
Return Version
2023v5.0
Gross Receipts
$8,811,952
Mission and Program Overview

Mission

Whaley children's center provides tools to children and families who have experienced trauma to reach their full potential.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,278,051$2,432,163▲ $154,112
Land, Buildings, and Equipment, Net$2,164,396$2,374,351▲ $209,955
Accounts Receivable$819,427$774,252▼ $45,175
Cash and Non-Interest-Bearing Accounts$1,221,290$726,868▼ $494,422
Savings and Temporary Cash Investments$187,936$222,753▲ $34,817
Pledges and Grants Receivable$71,935$129,809▲ $57,874
Prepaid Expenses and Deferred Charges$37,493$23,065▼ $14,428
Total Assets$14,035,530$15,329,060▲ $1,293,530
Other Assets Total$7,255,002$8,645,799▲ $1,390,797
Liabilities
Accounts Payable and Accrued Expenses$441,034$595,464▲ $154,430
Other Liabilities$38,972$333,590▲ $294,618
Unsecured Notes Loans Payable$23--
Total Liabilities$480,029$929,054▲ $449,025
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,992,322$10,760,236▲ $1,767,914
Net Assets Without Donor Restrictions$4,563,179$3,639,770▼ $923,409
Total Net Assets Fund Balance$13,555,501$14,400,006▲ $844,505
Total Liabilities and Net Assets / Fund Balance$14,035,530$15,329,060▲ $1,293,530

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,420,958$2,563,170$3,984,128
Other Land Buildings$467,980$327,770$795,750
Equipment$449,913$285,874$735,787
Land$35,500-$35,500
Other Assets Org$22,341--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$8,950,202-▲ $1,599,163$161,538$10,387,827
2022$10,241,911-▼ $823,316$468,393$8,950,202
2021$9,276,676-▲ $1,188,048$222,813$10,241,911
2020$8,879,695-▲ $627,898$230,917$9,276,676
2019$8,216,645-▲ $824,868$161,818$8,879,695
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mindy WilliamsPresident &FT$229,185$32,194$261,379
Mindy WilliamsPresident & CEO-$229,185$32,194$261,379
Katrina TaylorDirector ofFT$88,730-$88,730

Board Members and Trustees

NameTitle
Nadeem GebraelChair
Gordy TaylorVice Chair
Dave AndersonDirector
Elias FanousDirector
Matthew FranklinDirector
Mike DrainvilleDirector
Robert PeraniDirector
Tamala WareDirector
Tj SlivkaDirector
Todd GilbertDirector
Anne KelleySecretary
Sue MacTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,378,992
Program Service Revenue
$5,006,617
Investment Income
$93,298
Other Revenue
$919,267
All Other Contributions
$1,161,145
Change in Net Assets
$-931,311

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$310,279Donor Provided
Total Noncash Contributions$310,279-

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,398,174
Revenue Not Reported on Form 990
$1,944,152
Total Revenue per Audited Statements
$9,342,326
Total Revenue per Form 990
$7,398,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,038,892
Other Expenses$2,035,353
Total Fundraising Expense$499,917
Grants and Similar Amounts Paid$255,240
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,766,485$925,801$309,280$5,001,566
Office Expenses$370,728$38,713$23,558$432,999
Payroll Taxes$279,071$108,364$27,711$415,146
Current Officers, Directors, Trustees, and Key Employees$8,496$281,933$50,378$340,807
Depreciation Depletion$212,602$75,741$23,667$312,010
Occupancy$139,164$134,065$21,706$294,935
Other Employee Benefits$204,502$61,133$15,738$281,373
Insurance$7,613$266,290-$273,903
Grants to Domestic Individuals$255,240--$255,240
Fees for Services Other$71,214$63,782$16,196$151,192
Fees for Services Accounting-$118,617-$118,617
Travel$53,129$15,220-$68,349
Interest-$5,888$11,574$17,462
Conferences and Meetings$3,283$2,061$109$5,453
Other Expenses$4,785$1,890-$1,890
Total Functional Expenses$5,690,955$2,138,613$499,917$8,329,485

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,497,821
Expenses per Audited Statements$8,329,485
Total Expenses per Form 990$8,329,485
Expenses Not Reported on Form 990$168,336
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$635,298
Fundraising Direct Expenses$168,336
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$435,941$435,321$82,260$353,061
Golf$125,081$125,081$57,516$67,565
Total Events$637,978$635,298$168,336$466,962
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit Borrowings$297,222
Operating Lease$22,153
Note Payable$14,215
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The director of finance and ceo reviewed the form 990 prior to filing.

Form 990, Page 6, Part VI, Line 12C

Ongoing transactions and contracts are reviewed annually by management and will be evaluated for possible conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

Ceo salary is reviewed and approved by independent board members and comparability data from michigan federation and alliance for children and families is reviewed. Decisions regarding compensation are documented in the board minutes.

Form 990, Page 6, Part VI, Line 19

Governing documents are kept at the business address and are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
WHALEY CHILDREN'S CENTER INC
EIN
38-1358235
Phone
8102343603
Address
1201 N GRAND TRAVERSE ST, FLINT, MI 48503

Signing Officer

Name
Mindy Williams
Title
President & CEO
Phone
8102343603
Signed
2024-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mindy Williams
Formed
1926
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
190
Volunteers
160

Preparer

Firm
Yeo & Yeo Pc
Address
4468 OAK BRIDGE DR, FLINT, MI 48532-5422
Preparer
Jennifer Watkins
Phone
8107323000
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

See schedule o established in 1926, whaley children's center is a private residential treatment facility serving children from all over michigan. Whaley cares for and provides treatment for young children who have survived moderate to extreme neglect, physical abuse, and sexual abuse. In addition, children have survived domestic violence, substance abuse, and witnessed extreme violence. With the average age of children being 11 years old, whaley is one of the few facilities that takes children as young as 5 years old. Our services include residential care, individual therapy, group therapy, family therapy, life skills, social skills, educational services, after care support and mentoring. Whaley provides evidence based treatment including trauma focused cognitive behavioral therapy, the sanctuary model, collaborative problem solving, and the circle of courage. Through the intensive 3:1 support that whaley provides, which is amongst the highest in the state of michigan, whaley has a 75 percent success rate of children leaving to families, armed with the tools and skills to become principled young adults. In 2023, whaley provided 9,942 days of care to our resident children.

Form 990, Part XI, Line 9

Change in value of beneficial interests held by third part 2,541,079 special event expenses netted to revenue on 990 168,336 change in value of crut -1,133,786 special event expenses netted to revenue on 990 -168,336 total 1,407,293

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The funds are intended to be spent consistent with restrictions imposed.

Schedule D, Page 4, Part XI, Line 2D

Change in value of beneficial interests held by third part 2,541,079 special event expenses netted to revenue on 990 168,336 change in value of crut -1,133,786

Schedule D, Page 4, Part XII, Line 2D

Special event expenses netted to revenue on 990 168,336

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IRS990/Desc0SEE SCHEDULE O ESTABLISHED IN 1926, WHALEY CHILDREN'S CENTER IS A PRIVATE RESIDENTIAL TREATMENT FACILITY SERVING CHILDREN FROM ALL OVER MICHIGAN. WHALEY CARES FOR AND PROVIDES TREATMENT FOR YOUNG CHILDREN WHO HAVE SURVIVED MODERATE TO EXTREME NEGLECT, PHYSICAL ABUSE, AND SEXUAL ABUSE. IN ADDITION, CHILDREN HAVE SURVIVED DOMESTIC VIOLENCE, SUBSTANCE ABUSE, AND WITNESSED EXTREME VIOLENCE. WITH THE AVERAGE AGE OF CHILDREN BEING 11 YEARS OLD, WHALEY IS ONE OF THE FEW FACILITIES THAT TAKES CHILDREN AS YOUNG AS 5 YEARS OLD. OUR SERVICES INCLUDE RESIDENTIAL CARE, INDIVIDUAL THERAPY, GROUP THERAPY, FAMILY THERAPY, LIFE SKILLS, SOCIAL SKILLS, EDUCATIONAL SERVICES, AFTER CARE SUPPORT AND MENTORING. WHALEY PROVIDES EVIDENCE BASED TREATMENT INCLUDING TRAUMA FOCUSED COGNITIVE BEHAVIORAL THERAPY, THE SANCTUARY MODEL, COLLABORATIVE PROBLEM SOLVING, AND THE CIRCLE OF COURAGE. THROUGH THE INTENSIVE 3:1 SUPPORT THAT WHALEY PROVIDES, WHICH IS AMONGST THE HIGHEST IN THE STATE OF MICHIGAN, WHALEY HAS A 75 PERCENT SUCCESS RATE OF CHILDREN LEAVING TO FAMILIES, ARMED WITH THE TOOLS AND SKILLS TO BECOME PRINCIPLED YOUNG ADULTS. IN 2023, WHALEY PROVIDED 9,942 DAYS OF CARE TO OUR RESIDENT CHILDREN.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990ScheduleD/BuildingsGrp/BookValueAmt01420958
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.2$1.77$15.4$9.73$8.76$0.97
2023Detailed filing. Detailed filing data is available for this year.$15.3$0.93$14.4$7.40$8.33$0.93
2022Detailed filing. Detailed filing data is available for this year.$14.0$0.48$13.6$7.36$6.70$0.66
2021Detailed filing. Detailed filing data is available for this year.$14.7$0.63$14.1$7.55$6.39$1.17
2020Detailed filing. Detailed filing data is available for this year.$13.3$1.88$11.4$5.61$6.21$0.60
2019Detailed filing. Detailed filing data is available for this year.$12.1$0.87$11.2$7.37$5.86$1.52
2018Detailed filing. Detailed filing data is available for this year.$10.9$1.12$9.82$6.89$5.42$1.48
2017Detailed filing. Detailed filing data is available for this year.$11.6$1.48$10.1$4.65$5.09$0.44
2016Detailed filing. Detailed filing data is available for this year.$11.0$1.25$9.72$3.66$5.06$1.40
2015Detailed filing. Detailed filing data is available for this year.$11.3$0.71$10.6$4.00$3.86$0.14
2014Detailed filing. Detailed filing data is available for this year.$11.5$0.44$11.1$7.96$4.19$3.77
2013Detailed filing. Detailed filing data is available for this year.$7.64$0.32$7.32$4.00$3.96$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.84$0.33$6.51$4.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.32$6.23$3.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$0.35$6.32$3.55