Overview

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Est.

2009

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Michigan Saves is a nonprofit focused on energy resources that promotes accessible, equitable, and just investments in energy efficiency and clean energy to support healthy and thriving communities. In filing year 2024, it reported an operating budget of $14.8M and total revenue of $20.6M, with support from funders including MCKINNEY FAMILY FOUNDATION INC, Builders Initiative Foundation (FKA The Builders Initiative Inc), and The McKnight Foundation.

Mission Statement

To promote accessible, equitable, and just investments in energy efficiency and clean energy to support healthy and thriving communities.
Revenues
$20.6M
Expenses
$14.8M
Net Income:
+$5.8M
Assets
$36.1M
Liabilities
$6.8M
Net Assets:
+$29.3M
Operating Budget
$14.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$250K
Largest grant received
$325K
C
Conan Smith
Board Member
J
Jason Matley
Board Member
A
Alina Verdiyan
Board Member
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  • 8 funders
  • 41 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Michigan Saves’s budget?
In 2024, Michigan Saves reported an annual operating budget of around $14.8 million. More detailed financial information is available to registered users.
What causes does Michigan Saves support?
Michigan Saves supports work in Energy resources.
Where does Michigan Saves operate?
Michigan Saves is headquartered in Lansing, MI.
Who funded Michigan Saves recently?
In 2024, Michigan Saves received grants from Builders Initiative Foundation (FKA The Builders Initiative Inc), The McKnight Foundation, and MCKINNEY FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant Michigan Saves received in 2024?
The largest grant to Michigan Saves in 2024 exceeds $325 thousand.
What is Michigan Saves’s reliance on government grants?
Michigan Saves relied on government grants for more than 65% of their total revenue in 2024.