Civic Intelligence

Michigan Future Foundation

990EZ • Fiscal year 2016 • EIN 04-3599062

Sep 01, 2015 to Aug 31, 2016 • Filed on Nov 10, 2016

Organization ProfileWWW.MIFUTURE.ORG
1141 Centennial WayLansing, MI 48917

(517) 323-9473

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

77th percentile

0.10x

Higher debt load relative to assets than 77% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

97th percentile

1.93x

Higher debt load relative to revenue than 97% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

3rd percentile

-166%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

42nd percentile

-1.4%

Faster asset growth than 42% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-38%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets77th percentile

Assets

Down

$429,253

Down $6,138 (-1.4%) from 2015

Net Assets

Down

$385,768

Down $24,704 (-6.0%) from 2015

Liabilities

Up

$43,485

Up $18,566 (+75%) from 2015

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin3rd percentile

Revenue

Down

$22,589

Down $13,872 (-38%) from 2015

Expenses

Up

$60,033

Up $29,348 (+96%) from 2015

Net Income

Down

-$37,444

Down $43,220 (-748%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth42nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2011: $373,761Liabilities 2011: $24,9602011Assets 2012: $380,488Liabilities 2012: $17,1502012Assets 2013: $395,146Liabilities 2013: $8,080Net Assets 2013: $387,0662013Assets 2014: $463,243Liabilities 2014: $29,159Net Assets 2014: $434,0842014Assets 2015: $435,391Liabilities 2015: $24,919Net Assets 2015: $410,4722015Assets 2016: $429,253Liabilities 2016: $43,485Net Assets 2016: $385,7682016Assets 2017: $401,919Liabilities 2017: $26,645Net Assets 2017: $375,2742017Assets 2018: $415,267Liabilities 2018: $34,705Net Assets 2018: $380,5622018Assets 2019: $389,782Liabilities 2019: $18,295Net Assets 2019: $371,4872019Assets 2020: $397,051Liabilities 2020: $14,705Net Assets 2020: $382,3462020Assets 2021: $424,103Liabilities 2021: $9,000Net Assets 2021: $415,1032021Assets 2022: $368,948Liabilities 2022: $2,856Net Assets 2022: $366,0922022Assets 2023: $385,238Liabilities 2023: $2,856Net Assets 2023: $382,3822023Assets 2024: $409,531Liabilities 2024: $2,856Net Assets 2024: $406,6752024Assets 2025: $431,006Liabilities 2025: $3,319Net Assets 2025: $427,6872025

Highlighted filing

2016

Assets$429,253
Liabilities$43,485
Net Assets$385,768
Open 2016 Filing

Operations Trend

Revenue Growth14th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $51,707Expenses 2011: $11,530Net Income 2011: $40,1772011Revenue 2012: $25,391Expenses 2012: $13,503Net Income 2012: $11,8882012Revenue 2013: $28,168Expenses 2013: $8,853Net Income 2013: $19,3152013Revenue 2014: $55,033Expenses 2014: $18,843Net Income 2014: $36,1902014Revenue 2015: $36,461Expenses 2015: $30,685Net Income 2015: $5,7762015Revenue 2016: $22,589Expenses 2016: $60,033Net Income 2016: -$37,4442016Revenue 2017: $30,727Expenses 2017: $65,886Net Income 2017: -$35,1592017Revenue 2018: $43,911Expenses 2018: $41,137Net Income 2018: $2,7742018Revenue 2019: $35,956Expenses 2019: $37,168Net Income 2019: -$1,2122019Revenue 2020: $31,084Expenses 2020: $31,907Net Income 2020: -$8232020Revenue 2021: $36,403Expenses 2021: $35,845Net Income 2021: $5582021Revenue 2022: $8,898Expenses 2022: $14,228Net Income 2022: -$5,3302022Revenue 2023: $15,144Expenses 2023: $14,416Net Income 2023: $7282023Revenue 2024: $23,594Expenses 2024: $30,438Net Income 2024: -$6,8442024Revenue 2025: $22,374Expenses 2025: $27,089Net Income 2025: -$4,7152025

Highlighted filing

2016

Revenue$22,589
Expenses$60,033
Net Income-$37,444
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$110,132
Mission and Program Overview

Mission

Educate, promote, and encourage careers in the independent agency system.

Program Services

DescriptionGrantsExpenses
EDUCATE, PROMOTE AND ENCOURAGE CAREERS IN THE INDEPENDENT AGENCY SYSTEM. IN ADDITION, TO HELP STUDENTS ATTEND THE YOUNG AGENTS COUNCIL SPRING CONFERENCE.$0$56,868
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARBARA WALKERChair-$0--
CLIFF MILLERVice Chair-$0--
DAN MERCURE JRTreasurer-$0--
DENISE COXSecretary-$0--
ERIC KARNBoard Member-$0--
ED LEBUDABoard Member-$0--
JOHN OLSONBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$36,224$14,779$22,836$-8,057
Total Events$36,224$14,779$22,836$-8,057
Filing and Contact Details

Filer

Filer Name
Michigan Future Foundation
EIN
04-3599062
Phone
5173239473
Address
1141 CENTENNIAL WAY, LANSING, MI 48917

Signing Officer

Name
Katherine Godbold
Title
VP of Finance
Phone
5173239473
Signed
2016-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
James E Nyquist CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: interest income. Amount: 8,179.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: kathryn kozma. Grantee relationship: none. Amount given: 1,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: amada boyd. Grantee relationship: none. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: joshua reimer. Grantee relationship: none. Amount given: 5,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: fritz findeisen. Grantee relationship: none. Amount given: 5,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: samuel knoechel. Grantee relationship: none. Amount given: 5,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: aiden holliday. Grantee relationship: none. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: joseph richmond. Grantee relationship: none. Amount given: 2,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: crystal fall. Grantee relationship: none. Amount given: 507.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship. Grantee name: jenni anderson. Grantee relationship: none. Amount given: 507.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: general agency company . Grantee address: 525 e broadway st mt pleasant, mi 48858. Grantee relationship: intern at agency owned by director. Amount given: 2,686.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: allied insurance managers . Grantee address: 1055 e south blvd #110 rochester hills, mi 48307. Grantee relationship: none. Amount given: 3,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: moore insurance services . Grantee address: 67 n howell st hillsdale, mi 49242. Grantee relationship: none. Amount given: 2,470.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: ackley-peters-haubert ins services inc . Grantee address: 125 s main st eaton rapids, mi 48827. Grantee relationship: none. Amount given: 3,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: harbor brenn agency . Grantee address: 1231 us-31 petoskey, mi 49770. Grantee relationship: none. Amount given: 3,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: david chapman agency . Grantee address: 5700 w mt hope hwy lansing, mi 48917. Grantee relationship: none. Amount given: 3,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: harry o culp insurance agency . Grantee address: 214 e jefferson st grand ledge, mi 48837. Grantee relationship: none. Amount given: 3,000.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: city insurance agency . Grantee address: 722 w washington st marquette, mi 49855. Grantee relationship: none. Amount given: 1,620.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: internship grants. Grantee name: walton agency . Grantee address: 2929 spring arbor rd jackson, mi 49203. Grantee relationship: none. Amount given: 3,000. Total included on form 990-ez, line 10: 49,290.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: meetings & conventions. Amount: 6,692. Description: office expense. Amount: 520. Description: information technology. Amount: 366. Description: printing. Amount: 91. Total to form 990-ez, line 16: 7,669.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: unrealized gain. Amount: 12,740.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: prepaid expenses. Beg. Of year amount: 23,035. End of year amount: 29,844. Description: investments. Beg. Of year amount: 384,909. End of year amount: 357,401. Description: accounts receivable. Beg. Of year amount: 1,460. End of year amount: 1,235. Description: due from affiliated organizations. Beg. Of year amount: 9,077. End of year amount: 5,281.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accounts payable. Beg. Of year amount: 0. End of year amount: 23,075. Description: deferred revenue. Beg. Of year amount: 24,919. End of year amount: 20,410.”

Raw XML Appendix228 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0KATHERINE GODBOLD
IRS990EZ/BooksInCareOfDetail/PhoneNum05173239473
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01141 CENTENNIAL WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LANSING
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048917
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt016910
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BARBARA WALKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CLIFF MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAN MERCURE JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DENISE COX
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ERIC KARN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ED LEBUDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOHN OLSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0418481
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0393761
IRS990EZ/OtherChangesInNetAssetsAmt012740
IRS990EZ/OtherExpensesTotalAmt07669
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATE, PROMOTE, AND ENCOURAGE CAREERS IN THE INDEPENDENT AGENCY SYSTEM.
IRS990EZ/ProgramServiceRevenueAmt02125
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATE, PROMOTE AND ENCOURAGE CAREERS IN THE INDEPENDENT AGENCY SYSTEM. IN ADDITION, TO HELP STUDENTS ATTEND THE YOUNG AGENTS COUNCIL SPRING CONFERENCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt056868
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SaleOfAssetsGrossAmt062353
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt022836
IRS990EZ/SpecialEventsNetIncomeLossAmt0-8057
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024919
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt043485
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt060033
IRS990EZ/TotalProgramServiceExpensesAmt056868
IRS990EZ/TotalRevenueAmt022589
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MIFUTURE.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt022876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024519
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt024024
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0119115
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08179
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06587
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05932
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt037656
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt071000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75980
IRS990ScheduleA/PublicSupportPY170Pct00.69010
IRS990ScheduleA/PublicSupportTotal170Amt0119115
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt022696
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt024024
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt025000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0119115
IRS990ScheduleA/TotalSupportAmt0156771
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt021445
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt021445
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-8057
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt022836
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt022836
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 8,179.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: KATHRYN KOZMA. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: AMADA BOYD. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: JOSHUA REIMER. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: FRITZ FINDEISEN. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: SAMUEL KNOECHEL. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: AIDEN HOLLIDAY. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: JOSEPH RICHMOND. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: CRYSTAL FALL. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 507.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: JENNI ANDERSON. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 507.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: GENERAL AGENCY COMPANY . GRANTEE ADDRESS: 525 E BROADWAY ST MT PLEASANT, MI 48858. GRANTEE RELATIONSHIP: INTERN AT AGENCY OWNED BY DIRECTOR. AMOUNT GIVEN: 2,686.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: ALLIED INSURANCE MANAGERS . GRANTEE ADDRESS: 1055 E SOUTH BLVD #110 ROCHESTER HILLS, MI 48307. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: MOORE INSURANCE SERVICES . GRANTEE ADDRESS: 67 N HOWELL ST HILLSDALE, MI 49242. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 2,470.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: ACKLEY-PETERS-HAUBERT INS SERVICES INC . GRANTEE ADDRESS: 125 S MAIN ST EATON RAPIDS, MI 48827. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: HARBOR BRENN AGENCY . GRANTEE ADDRESS: 1231 US-31 PETOSKEY, MI 49770. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: DAVID CHAPMAN AGENCY . GRANTEE ADDRESS: 5700 W MT HOPE HWY LANSING, MI 48917. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: HARRY O CULP INSURANCE AGENCY . GRANTEE ADDRESS: 214 E JEFFERSON ST GRAND LEDGE, MI 48837. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 3,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: CITY INSURANCE AGENCY . GRANTEE ADDRESS: 722 W WASHINGTON ST MARQUETTE, MI 49855. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 1,620.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18ACTIVITY CLASSIFICATION: INTERNSHIP GRANTS. GRANTEE NAME: WALTON AGENCY . GRANTEE ADDRESS: 2929 SPRING ARBOR RD JACKSON, MI 49203. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 3,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 49,290.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19DESCRIPTION: MEETINGS & CONVENTIONS. AMOUNT: 6,692. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 520. DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 366. DESCRIPTION: PRINTING. AMOUNT: 91. TOTAL TO FORM 990-EZ, LINE 16: 7,669.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20DESCRIPTION: UNREALIZED GAIN. AMOUNT: 12,740.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 23,035. END OF YEAR AMOUNT: 29,844. DESCRIPTION: INVESTMENTS. BEG. OF YEAR AMOUNT: 384,909. END OF YEAR AMOUNT: 357,401. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 1,460. END OF YEAR AMOUNT: 1,235. DESCRIPTION: DUE FROM AFFILIATED ORGANIZATIONS. BEG. OF YEAR AMOUNT: 9,077. END OF YEAR AMOUNT: 5,281.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 23,075. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 24,919. END OF YEAR AMOUNT: 20,410.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KATHERINE GODBOLD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum05173239473
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICHIGAN FUTURE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0043599062
ReturnHeader/Filer/PhoneNum05173239473
ReturnHeader/Filer/USAddress/AddressLine1Txt01141 CENTENNIAL WAY
ReturnHeader/Filer/USAddress/CityNm0LANSING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048917
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382157642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MANER COSTERISAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02425 E GRAND RIVER SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0489123291
ReturnHeader/PreparerPersonGrp/PhoneNum05173237500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES E NYQUIST CPA
ReturnHeader/ReturnTs02016-11-28T15:40:05-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-09-01
ReturnHeader/TaxPeriodEndDt02016-08-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$429,253
Liabilities
$43,485
Net assets
$385,768
Revenue
$22,589
Expenses
$60,033
Net income
-$37,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.31$0.03$4.28$0.22$0.27$0.05
2024Detailed filing. Detailed filing data is available for this year.$4.10$0.03$4.07$0.24$0.30$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.85$0.03$3.82$0.15$0.14$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.69$0.03$3.66$0.09$0.14$0.05
2021Detailed filing. Detailed filing data is available for this year.$4.24$0.09$4.15$0.36$0.36$0.01
2020Detailed filing. Detailed filing data is available for this year.$3.97$0.15$3.82$0.31$0.32$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.90$0.18$3.71$0.36$0.37$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.15$0.35$3.81$0.44$0.41$0.03
2017Detailed filing. Detailed filing data is available for this year.$4.02$0.27$3.75$0.31$0.66$0.35
2016Detailed filing. Detailed filing data is available for this year.$4.29$0.43$3.86$0.23$0.60$0.37
2015Detailed filing. Detailed filing data is available for this year.$4.35$0.25$4.10$0.36$0.31$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.63$0.29$4.34$0.55$0.19$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.08$3.87$0.28$0.09$0.19
2012Summary only. Only limited summary data is available for this year.$3.80$0.17$0.25$0.14$0.12
2011Summary only. Only limited summary data is available for this year.$3.74$0.25$0.52$0.12$0.40
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)3 • <$500k nonprofits