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Michigan · Nonprofit

BAY VETERANS FOUNDATION

BAY VETERANS FOUNDATION (Michigan) receives grants from 13 organizations whose IRS filings report $334,304 to it, the largest being THE KANTZLER FOUNDATION ($115,000). 6 of them have funded it in more than one year.

Revenue FY2025
$303k
Funders on record
13
Grants received
$334k
Net assets
$1.6M
6/13 repeat funderspeak grant-dependency 37%
01What it does

What Bay Veterans Foundation does

Mission

To provide financial support and in-kind assistance to united states armed forces veterans and military service organizations

As stated on its FY2025 Form 990.

Programs

  1. Raise funds for the purpose of developing and maintaining a veterans space/learning and activities center

    $153,665 spent
    94% of program spending
  2. Continued maintenance of battery park in bay city

    $1,437 spent
    1% of program spending
  3. Fundraising events for the purpose of maintaining gold star monument and providing assistance to struggling veterans

    $8,968 spent
    5% of program spending

The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $164,070.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($90k) Expenses 100 ($115k) Net assets 100 ($61k)2018 Revenue 289 ($260k) Expenses 54 ($63k) Net assets 424 ($257k)2019 Revenue 151 ($136k) Expenses 115 ($133k) Net assets 429 ($260k)2020 Revenue 211 ($190k) Expenses 50 ($58k) Net assets 646 ($392k)2021 Revenue 342 ($307k) Expenses 53 ($61k) Net assets 1052 ($638k)2022 Revenue 762 ($684k) Expenses 100 ($115k) Net assets 1989 ($1.2M)2023 Revenue 315 ($282k) Expenses 128 ($148k) Net assets 2211 ($1.3M)2024 Revenue 438 ($393k) Expenses 209 ($242k) Net assets 2460 ($1.5M)2025 Revenue 337 ($303k) Expenses 202 ($233k) Net assets 2575 ($1.6M)
'17'18'19'20'21'22'23'24'25
Revenue (337)Expenses (202)Net assets (2575)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $639k to $1.2M (+89%).

$61k
$257k
$261k
$392k
$639k
$1.2M
$1.3M
$1.5M
$1.6M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 74% · 2019 28% · 2020 44% · 2022 72% · 2023 57% · 2024 46% · 2025 25%. Grants only. Government contracts and fees sit inside program revenue.

100% of BAY VETERANS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (87% for the typical peer).

This organization
Typical peer · 7,844 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$26k
’17
$197k
’18
$3k
’19
$132k
’20
$246k
’21
$569k
’22
$135k
’23
$151k
’24
$70k
’25
18
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'18'19'20'21'22'23'24'25
Listed1516151313121010
Joined·+3+2+0+0+0+0+0
No longer listed·2320120
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $11k → $104k.

2 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of BAY VETERANS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

BAY VETERANS FOUNDATION leans on a few funders — its largest provides 34% of grant income and the top three 69%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

34%
largest funder
69%
top three
~5
effective funders

Largest funder’s share by year: 2017 91% · 2018 50% · 2019 100% · 2020 37% · 2021 67% · 2022 99% · 2023 48% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of BAY VETERANS FOUNDATION's funders are still giving 3 years after their first grant; 46% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

100% of BAY VETERANS FOUNDATION's grant income comes from Michigan funders.

MI

In-state vs out-of-state, by year

’17
’18
’20
’21
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. $70k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

BAY VETERANS FOUNDATION runs a healthier operating margin than half of the 4,505 philanthropy nonprofits its size.

Operating margin23% · above the median
Months of reserve17.5mo · above the median
Revenue growth (annualized)16% · above the median

this organization peer median middle 50% of peers· 4,505 philanthropy nonprofits $100k–$1M, FY2025

Organizations like BAY VETERANS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 14%Fundraising 16%

Governance

10
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for BAY VETERANS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds BAY VETERANS FOUNDATION?
BAY VETERANS FOUNDATION (Michigan) receives grants from 13 organizations whose IRS filings report $334,304 to it, the largest being THE KANTZLER FOUNDATION ($115,000). 6 of them have funded it in more than one year.
How many funders does BAY VETERANS FOUNDATION have?
IRS filings report 13 organizations giving $334,304 in grants to BAY VETERANS FOUNDATION, 6 of which have funded it in more than one year.
Who is the largest funder of BAY VETERANS FOUNDATION?
THE KANTZLER FOUNDATION is the largest funder on record, with $115,000 in grants. The full list of funders is on this page.
How can an organization like BAY VETERANS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Bay Veterans →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing