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Michigan · Nonprofit

PENNIES FROM HEAVEN FOUNDATION

PENNIES FROM HEAVEN FOUNDATION (Michigan) receives grants from 2 organizations whose IRS filings report $2,570 to it, the largest being DTE ENERGY FOUNDATION ($2,500). 1 of them have funded it in more than one year.

Revenue FY2025
$5.2M
Funders on record
2
Grants received
$3k
Net assets
$24M
1/2 repeat funderspeak grant-dependency 0%
01What it does

What Pennies From Heaven Foundation does

Mission

None

As stated on its FY2025 Form 990.

Program

  1. The organization was formed in 2012 as a supporting organization of the community foundation for muskegon county committed to furthering the philantropic activities of that organization.

    $1,005,461 spentof which $743,022 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,005,461.

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 ($780k) Expenses 100 ($511k) Net assets 100 ($25M)2018 Revenue 116 ($904k) Expenses 425 ($2.2M) Net assets 88 ($22M)2019 Revenue 58 ($453k) Expenses 487 ($2.5M) Net assets 89 ($22M)2020 Revenue 73 ($570k) Expenses 180 ($919k) Net assets 94 ($23M)2021 Revenue 137 ($1.1M) Expenses 202 ($1.0M) Net assets 98 ($24M)2022 Revenue 60 ($468k) Expenses 241 ($1.2M) Net assets 82 ($20M)2023 Revenue 72 ($563k) Expenses 168 ($857k) Net assets 87 ($21M)2024 Revenue 89 ($691k) Expenses 199 ($1.0M) Net assets 90 ($22M)2025 Revenue 661 ($5.2M) Expenses 210 ($1.1M) Net assets 97 ($24M)
'17'18'19'20'21'22'23'24'25
Revenue (661)Expenses (210)Net assets (97)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 $24M to $20M (−16%).

$25M
$22M
$22M
$23M
$24M
$20M
$21M
$22M
$24M
'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

0% of PENNIES FROM HEAVEN FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$269k
’17
−$1.3M
’18
−$2.0M
’19
−$349k
’20
$37k
’21
−$763k
’22
−$294k
’23
−$329k
’24
$4.1M
’25
3.8
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

Monica Jewell

Executive director

Board chair

John Wilson

Chairperson

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed567777776
Joined·+1+1+0+0+0+1+0+3
No longer listed·00000104
03Who funds it

Who funds it, year by year

2017 → 2021: the base held at 1 funder, grant income fell $3k → $25.

Funder
'17
'20
'21
total
funders
1
1
1

1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% 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 PENNIES FROM HEAVEN 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

PENNIES FROM HEAVEN FOUNDATION leans on a few funders — its largest provides 97% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2020 100% · 2021 100% — broadly stable.

“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.

Where its funders are

100% of PENNIES FROM HEAVEN FOUNDATION's grant income comes from Michigan funders.

MI

Funder states come from each funder’s own filing. $70 arriving through sponsors registered in 1 state 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

PENNIES FROM HEAVEN FOUNDATION runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin79% · top quartile
Months of reserve3.8mo · below the median
Revenue growth (annualized)27% · top quartile

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like PENNIES FROM HEAVEN 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

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

5
board members
80%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MI

Part of a family of 2 related entities

  • Community Foundation for Muskegon County · exempt
  • The Paul C Johnson Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PENNIES FROM HEAVEN 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.

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 PENNIES FROM HEAVEN FOUNDATION?
PENNIES FROM HEAVEN FOUNDATION (Michigan) receives grants from 2 organizations whose IRS filings report $2,570 to it, the largest being DTE ENERGY FOUNDATION ($2,500). 1 of them have funded it in more than one year.
How many funders does PENNIES FROM HEAVEN FOUNDATION have?
IRS filings report 2 organizations giving $2,570 in grants to PENNIES FROM HEAVEN FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of PENNIES FROM HEAVEN FOUNDATION?
DTE ENERGY FOUNDATION is the largest funder on record, with $2,500 in grants. The full list of funders is on this page.
How can an organization like PENNIES FROM HEAVEN 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.

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 2 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