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Michigan · Nonprofit

GREAT LAKES WOMEN'S BUSINESS COUNCIL

GREAT LAKES WOMEN'S BUSINESS COUNCIL (Michigan) receives grants from 8 organizations whose IRS filings report $1,391,796 to it, the largest being COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN ($570,000). 5 of them have funded it in more than one year.

Revenue FY2025
$3.4M
Funders on record
8
Grants received
$1.4M
Net assets
$2.3M
5/8 repeat funderspeak grant-dependency 9%
01What it does

What Great Lakes Women's Business Council does

Mission

Great Lakes Women's Business Council is committed to empowering small businesses economically through business development training, vendor certification, business-to-business networking and access to capital assistance programs. We provide effective business tools and remove barriers that hinder development of successful, sustainable businesses. Our work strengthens the community by building partnerships and leveraging resources that increase business growth opportunities.

As stated on its FY2025 Form 990.

Programs

  1. Loan program - provide small business loans to start-up and existing business owners in southeastern michigan. Program addresses needs of low-income, minority and women business owners. Loan portfolio is funded primarily by sba and local government.

    $798,665 spentof which $26,000 as grants$128,883 earned by the program
    30% of program spending
  2. Women's business enterprise certification - provides certification program for women owned businesses, including technical assistance, counseling and recognition of business achievements.

    $1,266,638 spent$893,575 earned by the program
    47% of program spending
  3. Business development initiatives - provide comprehensive training, technical assistance and peer group counseling for women, loan recipients, and other individuals who desire to start a small business.

    $577,157 spent$4,225 earned by the program
    22% of program spending
  4. Memberships

    $34,516 spent
    1% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,676,976.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($3.2M) Expenses 100 ($2.6M) Net assets 100 ($2.3M)2019 Revenue 65 ($2.1M) Expenses 98 ($2.5M) Net assets 82 ($1.9M)2020 Revenue 83 ($2.7M) Expenses 101 ($2.6M) Net assets 86 ($2.0M)2021 Revenue 77 ($2.5M) Expenses 82 ($2.1M) Net assets 102 ($2.4M)2022 Revenue 84 ($2.7M) Expenses 106 ($2.7M) Net assets 101 ($2.4M)2023 Revenue 127 ($4.1M) Expenses 136 ($3.5M) Net assets 128 ($3.0M)2024 Revenue 99 ($3.2M) Expenses 143 ($3.7M) Net assets 99 ($2.3M)2025 Revenue 104 ($3.4M) Expenses 131 ($3.3M) Net assets 100 ($2.3M)
'18'19'20'21'22'23'24'25
Revenue (104)Expenses (131)Net assets (100)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $4.5M to $5.4M (+18%).

$3.5M
$3.3M
$3.7M
$3.9M
$4.5M
$5.4M
$5.1M
$4.7M
'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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 11% · 2019 17% · 2020 29% · 2021 32% · 2022 45% · 2023 44% · 2024 31% · 2025 28%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$663k
’18
−$422k
’19
$97k
’20
$377k
’21
−$11k
’22
$619k
’23
−$479k
’24
$14k
’25
8.6
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.

Chief executive

Michelle Richards

Executive director

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed1717141619211720
Joined·+7+0+3+7+9+4+5
No longer listed·7314782
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 5 funders, grant income rose $160k → $245k.

2 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.7M from one payer (the payer shares this organization's board, largest Women's Business Enterprise National Council). These are real filings, and they are not money GREAT LAKES WOMEN'S BUSINESS COUNCIL raised.

From the IRS filings of GREAT LAKES WOMEN'S BUSINESS COUNCIL’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

GREAT LAKES WOMEN'S BUSINESS COUNCIL leans on a few funders — its largest provides 41% of grant income and the top three 88%; half comes from just 2 funders.

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

50% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREAT LAKES WOMEN'S BUSINESS COUNCIL.

41%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2017 84% · 2018 87% · 2019 87% · 2020 100% · 2021 53% · 2022 84% · 2023 73% — 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

50% of GREAT LAKES WOMEN'S BUSINESS COUNCIL's funders are still giving 2 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y

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

GREAT LAKES WOMEN'S BUSINESS COUNCIL draws 100% of its grant income from funders outside Michigan, across 4 states in all.

NY
OH
NC
DC

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

’17
’18
’19
’20
’21
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. $650k 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

Government funding GREAT LAKES WOMEN'S BUSINESS COUNCIL receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.0M on record.

Federal$5.0M
grants $5.0Mcontracts $0
17
18
19
20
21
22
23
24
25
Top agencies
  • Small Business Administration$4.3M
  • Department of the Treasury$700k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like GREAT LAKES WOMEN'S BUSINESS COUNCIL

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

80% of spending goes to programs.

Program 80%Management 18%Fundraising 2%

Governance

17
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

93%

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

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for GREAT LAKES WOMEN'S BUSINESS COUNCIL: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 GREAT LAKES WOMEN'S BUSINESS COUNCIL?
GREAT LAKES WOMEN'S BUSINESS COUNCIL (Michigan) receives grants from 8 organizations whose IRS filings report $1,391,796 to it, the largest being COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN ($570,000). 5 of them have funded it in more than one year.
How many funders does GREAT LAKES WOMEN'S BUSINESS COUNCIL have?
IRS filings report 8 organizations giving $1,391,796 in grants to GREAT LAKES WOMEN'S BUSINESS COUNCIL, 5 of which have funded it in more than one year.
Who is the largest funder of GREAT LAKES WOMEN'S BUSINESS COUNCIL?
COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN is the largest funder on record, with $570,000 in grants. The full list of funders is on this page.
How can an organization like GREAT LAKES WOMEN'S BUSINESS COUNCIL 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 8 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 14, 2026. What this page cannot tell you · view filing