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Filing year 2024

SCHOOL FINANCE RESEARCH FOUNDATION

Lansing, Michigan·EIN 92-2760615·NTEE B99 · Education·501(c)(3)
Total revenue
$1.3M
Total assets
$26.6M
Total expenses
$15.5M
Reported officers
12
Mission

The School Finance Research Foundation was formed for the following purposes: A. To complete the Michigan School Infrastructure Study, as funded by the State of Michigan and defined in Section 11y of the State School Aid Act, Public Act 144 of 2022; B. To conduct other activities in further promotion of public education; C. To receive and administer funds for the benefit of public education and to lessen the financial burdens of the Michigan public schools and the Michigan Department of Education; D. To raise funds from governmental units and the general public to promote public education; and E. To do such things and to perform such acts to accomplish its purposes as the Board of Directors may determine to be appropriate and as are not forbidden by Section 501(c)(3) of the Code, with all the power conferred on nonprofit corporations under the laws of the State of Michigan.

Reported officers (all unpaid)

No paid executives reported in 2024. SCHOOL FINANCE RESEARCH FOUNDATION reported 12 unpaid officers and board members on its 990.

President
Vice President/treasurer
Secretary
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Trustee
Financial trend

Revenue and expenses over time

SCHOOL FINANCE RESEARCH FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$41M
$851k
2023
$1.3M
$15.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Education executives earn in Michigan

SCHOOL FINANCE RESEARCH FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in Michigan earns a median of $73,917.

25th percentile
$28k
Median
$73,917
75th percentile
$144k
90th percentile
$289k

These are education sector-wide figures, not this organization's reported pay. Based on 543 organizations across 543 filings (2021 – 2024).

See full Education pay data for Michigan
FAQ

Common questions about SCHOOL FINANCE RESEARCH FOUNDATION

What are SCHOOL FINANCE RESEARCH FOUNDATION's revenue and expenses?

In 2024, SCHOOL FINANCE RESEARCH FOUNDATION reported $1.3M in total revenue and $15.5M in total expenses on its IRS Form 990.

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