Skip to content

Michigan · Nonprofit

Streams of Hope

Streams of Hope (Michigan) receives grants from 33 organizations whose IRS filings report $2,152,309 to it, the largest being CATHERINES HEALTH CENTER ($500,000). 27 of them have funded it in more than one year.

Revenue FY2024
$1.8M
Funders on record
33
Grants received
$2.2M
Net assets
$2.9M
27/33 repeat funderspeak grant-dependency 55%
01What it does

What Streams of Hope does

Mission

We exist to demonstrate the love of Jesus through programs and relationships that build a healthier neighborhood.

As stated on its FY2024 Form 990.

Program

  1. Since its inception in 2006, Streams of Hope has been dedicated to serving southeast Kent County. Through a diverse range of twelve developmental programs, Streams aspires to become the hub of a healthy neighborhood. Each month, Streams offers essential supplementary groceries through our Food Center, and free educational support for students of all ages. This support includes tutoring for children in grades K-5, Homework Help for middle and high school students, and a free GED/High School Diploma program for adults. Streams also provides invaluable financial strategy and workforce development programs, which empower local families to transition from poverty to building a lasting legacy of wealth. See Schedule O

    $1,358,024 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,358,024.

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 ($351k) Expenses 100 ($342k) Net assets 100 ($524k)2018 Revenue 114 ($399k) Expenses 120 ($409k) Net assets 98 ($515k)2019 Revenue 145 ($511k) Expenses 134 ($458k) Net assets 108 ($567k)2020 Revenue 183 ($644k) Expenses 167 ($572k) Net assets 124 ($650k)2021 Revenue 771 ($2.7M) Expenses 352 ($1.2M) Net assets 437 ($2.3M)2022 Revenue 489 ($1.7M) Expenses 453 ($1.5M) Net assets 469 ($2.5M)2023 Revenue 578 ($2.0M) Expenses 494 ($1.7M) Net assets 528 ($2.8M)2024 Revenue 500 ($1.8M) Expenses 480 ($1.6M) Net assets 550 ($2.9M)
'17'18'19'20'21'22'23'24
Revenue (500)Expenses (480)Net assets (550)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 2020 to 2021, from $686k to $2.3M (+241%).

$525k
$512k
$569k
$686k
$2.3M
$3.3M
$3.2M
$3.2M
'17'18'19'20'21'22'23'24
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
ContributionsProgram revenueInvestmentOther

96% of Streams of Hope’s revenue is contributions — more donation-reliant than the typical peer (81% for the typical peer).

This organization
Typical peer · 11,814 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$9k
’17
−$10k
’18
$53k
’19
$72k
’20
$1.5M
’21
$171k
’22
$337k
’23
$114k
’24
1.5
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

Kurtis Kaechele

Executive Director

Board chair

Evan Hordyk

Chairperson

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed141191011131313
Joined·+6+0+3+3+2+0+0
No longer listed·9222000
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 15 funders, grant income rose $56k → $303k.

11 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 23% 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 Streams of Hope’s funders (the co-funder graph). Top 30 of 33 funders by total. 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

Streams of Hope has a broad base — no single funder exceeds 23% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

47% 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 Streams of Hope.

23%
largest funder
46%
top three
~10
effective funders

Largest funder’s share by year: 2017 36% · 2018 28% · 2019 29% · 2020 21% · 2021 30% · 2022 53% · 2023 50% — growing more concentrated.

“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

35% of Streams of Hope's funders are still giving 3 years after their first grant; 82% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

95% of Streams of Hope's grant income comes from Michigan funders.

MI
TN
NC
FL

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. $498k arriving through sponsors registered in 10 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

Streams of Hope has grown faster than three-quarters of the 11,274 human services nonprofits its size.

Operating margin6% · above the median
Months of reserve1.5mo · below the median
Revenue growth (annualized)26% · top quartile

this organization peer median middle 50% of peers· 11,274 human services nonprofits $1M–$10M, FY2024

Organizations like Streams of Hope

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

83% of spending goes to programs.

Program 83%Management 10%Fundraising 7%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

89%

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 Streams of Hope: 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 Streams of Hope?
Streams of Hope (Michigan) receives grants from 33 organizations whose IRS filings report $2,152,309 to it, the largest being CATHERINES HEALTH CENTER ($500,000). 27 of them have funded it in more than one year.
How many funders does Streams of Hope have?
IRS filings report 33 organizations giving $2,152,309 in grants to Streams of Hope, 27 of which have funded it in more than one year.
Who is the largest funder of Streams of Hope?
CATHERINES HEALTH CENTER is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like Streams of Hope 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 Streams of Hope →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 33 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