Civic Intelligence

Morenci Education Foundation

990 • Fiscal year 2023 • EIN 04-3721858

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 23, 2024

Organization ProfileN/A
PO Box 38Morenci, MI 49256

(517) 231-2047

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

32nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

8th percentile

-47%

Higher net margin than 8% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

59th percentile

7.8%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-49%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$604,836

Up $43,637 (+7.8%) from 2022

Net Assets

Up

$604,836

Up $43,637 (+7.8%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue32nd percentileNet Margin8th percentile

Revenue

Down

$21,115

Down $19,893 (-49%) from 2022

Expenses

Up

$30,994

Up $12,101 (+64%) from 2022

Net Income

Down

-$9,879

Down $31,994 (-145%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$800K$600K$400K$200K$0Assets 2011: $296,225Liabilities 2011: $02011Assets 2012: $353,543Liabilities 2012: $02012Assets 2013: $415,036Liabilities 2013: $02013Assets 2014: $425,905Liabilities 2014: $02014Assets 2015: $428,648Liabilities 2015: $02015Assets 2016: $443,036Liabilities 2016: $02016Assets 2017: $453,019Liabilities 2017: $0Net Assets 2017: $453,0192017Assets 2018: $477,107Liabilities 2018: $0Net Assets 2018: $477,1072018Assets 2019: $497,218Liabilities 2019: $0Net Assets 2019: $497,2182019Assets 2020: $497,218Liabilities 2020: $0Net Assets 2020: $497,2182020Assets 2021: $488,707Liabilities 2021: $0Net Assets 2021: $488,7072021Assets 2022: $561,199Liabilities 2022: $0Net Assets 2022: $561,1992022Assets 2023: $604,836Liabilities 2023: $0Net Assets 2023: $604,8362023Assets 2024: $554,319Liabilities 2024: $0Net Assets 2024: $554,3192024

Highlighted filing

2023

Assets$604,836
Liabilities$0
Net Assets$604,836
Open 2023 Filing

Operations Trend

Revenue Growth6th percentile

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

$100K$50K$0-$50KRevenue 2011: $74,674Expenses 2011: $36,015Net Income 2011: $38,6592011Revenue 2012: $74,315Expenses 2012: $37,238Net Income 2012: $37,0772012Revenue 2013: $82,926Expenses 2013: $25,129Net Income 2013: $57,7972013Revenue 2014: $41,781Expenses 2014: $31,913Net Income 2014: $9,8682014Revenue 2015: $39,045Expenses 2015: $30,968Net Income 2015: $8,0772015Revenue 2016: $35,834Expenses 2016: $33,949Net Income 2016: $1,8852016Revenue 2017: $29,245Expenses 2017: $27,639Net Income 2017: $1,6062017Revenue 2018: $36,263Expenses 2018: $19,423Net Income 2018: $16,8402018Revenue 2019: $42,864Expenses 2019: $22,753Net Income 2019: $20,1112019Revenue 2020: $10,804Expenses 2020: $10,804Net Income 2020: $02020Revenue 2021: $33,407Expenses 2021: $25,494Net Income 2021: $7,9132021Revenue 2022: $41,008Expenses 2022: $18,893Net Income 2022: $22,1152022Revenue 2023: $21,115Expenses 2023: $30,994Net Income 2023: -$9,8792023Revenue 2024: $59,928Expenses 2024: $27,425Net Income 2024: $32,5032024

Highlighted filing

2023

Revenue$21,115
Expenses$30,994
Net Income-$9,879
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 23, 2024
Return Version
2023v5.0
Gross Receipts
$188,043
Mission and Program Overview

Mission

To provide educational scholarships and mini-grants to teachers and students of the morenci area schools

Provide educational scholarships and mini-grants to teachers and students of morenci area schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$345,267$378,184▲ $32,917
Savings and Temporary Cash Investments-$98,873-
Investments Other Securities$84,264$86,114▲ $1,850
Cash and Non-Interest-Bearing Accounts$131,668$41,665▼ $90,003
Total Assets$561,199$604,836▲ $43,637
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$561,199$604,836▲ $43,637
Total Net Assets Fund Balance$561,199$604,836▲ $43,637
Total Liabilities and Net Assets / Fund Balance$561,199$604,836▲ $43,637

Asset Categories

AssetBook ValueDepreciationBasis
Financial Derivatives$86,114--
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Timothy BoveePresident
Steve KutzleySecretary
Rosemary DickersonVP / Treasur
Revenue and Support

Revenue Composition

Contributions and Grants
$21,165
Program Service Revenue
$0
Investment Income
$-1,050
Other Revenue
$1,000
Change in Net Assets
$-9,879
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,457
Total Fundraising Expense$138
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$21,537--$21,537
Fees for Services Management-$3,540-$3,540
Insurance$641--$641
Other Expenses$400--$400
Fees for Services Accounting-$385-$385
Advertising$137-$138$275
Office Expenses$184--$184
Total Functional Expenses$26,931$3,925$138$30,994
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Reviewed by officers of organization”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Morenci Education Foundation
EIN
04-3721858
Address
PO BOX 38, MORENCI, MI 49256

Signing Officer

Name
Rosemary Dickerson
Title
VP / Treasurer
Phone
5172312047
Signed
2024-04-23

Organization Details

Principal Officer
Timothy Bovee
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Shea & Assoc Advisory and Accounting
Address
133 W MAIN ST, MORENCI, MI 49256-1418
Preparer
Brent D Shea CPA
Phone
5174582274
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Provide educational scholarships and mini-grants to teachers and students of morenci area schools.”

Raw XML Appendix304 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE EDUCATIONAL SCHOLARSHIPS AND MINI-GRANTS TO TEACHERS AND STUDENTS OF MORENCI AREA SCHOOLS.
IRS990/AdvertisingGrp/FundraisingAmt0138
IRS990/AdvertisingGrp/ProgramServicesAmt0137
IRS990/AdvertisingGrp/TotalAmt0275
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/ProgramServicesAmt021537
IRS990/BenefitsToMembersGrp/TotalAmt021537
IRS990/BooksInCareOfDetail/PersonNm0ROSEMARY DICKERSON
IRS990/BooksInCareOfDetail/PhoneNum05172312047
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 38
IRS990/BooksInCareOfDetail/USAddress/CityNm0MORENCI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049256
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0131668
IRS990/CashNonInterestBearingGrp/EOYAmt041665
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt021537
IRS990/CYContributionsGrantsAmt021165
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-1050
IRS990/CYOtherExpensesAmt09457
IRS990/CYOtherRevenueAmt01000
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-9879
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt030994
IRS990/CYTotalFundraisingExpenseAmt0138
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt021115
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PROVIDE EDUCATIONAL SCHOLARSHIPS AND MINI-GRANTS TO TEACHERS AND STUDENTS OF MORENCI AREA SCHOOLS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0561199
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0604836
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt025969
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0385
IRS990/FeesForServicesAccountingGrp/TotalAmt0385
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt03540
IRS990/FeesForServicesManagementGrp/TotalAmt03540
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0TIMOTHY BOVEE
IRS990/Form990PartVIISectionAGrp/PersonNm1ROSEMARY DICKERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2STEVE KUTZLEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP / TREASUR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0960
IRS990/GainOrLossGrp/SecuritiesAmt0-16523
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt021165
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0960
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0150405
IRS990/GrossReceiptsAmt0188043
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0641
IRS990/InsuranceGrp/TotalAmt0641
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt014513
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt014513
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt084264
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt086114
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0345267
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0378184
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0166928
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE EDUCATIONAL SCHOLARSHIPS AND MINI-GRANTS TO TEACHERS AND STUDENTS OF MORENCI AREA SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0561199
IRS990/NetAssetsOrFundBalancesEOYAmt0604836
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-15563
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-15563
IRS990/NetUnrlzdGainsLossesInvstAmt049828
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt0184
IRS990/OfficeExpensesGrp/TotalAmt0184
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0DINNER/AUCTION EXPENSES
IRS990/OtherExpensesGrp/Desc1STUDENT EXPENSES
IRS990/OtherExpensesGrp/Desc2BACK TO SCHOOL BAGS
IRS990/OtherExpensesGrp/Desc3CARE CLOSET
IRS990/OtherExpensesGrp/ProgramServicesAmt02372
IRS990/OtherExpensesGrp/ProgramServicesAmt1910
IRS990/OtherExpensesGrp/ProgramServicesAmt2750
IRS990/OtherExpensesGrp/ProgramServicesAmt3400
IRS990/OtherExpensesGrp/TotalAmt02372
IRS990/OtherExpensesGrp/TotalAmt1910
IRS990/OtherExpensesGrp/TotalAmt2750
IRS990/OtherExpensesGrp/TotalAmt3400
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01000
IRS990/OtherRevenueTotalAmt01000
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TIMOTHY BOVEE
IRS990/PriorPeriodAdjustmentsAmt03688
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDE EDUCATIONAL SCHOLARSHIPS AND MINI-GRANTS TO TEACHERS AND STUDENTS OF MORENCI AREA SCHOOLS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0962
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt016115
IRS990/PYContributionsGrantsAmt035445
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05563
IRS990/PYOtherExpensesAmt02778
IRS990/PYRevenuesLessExpensesAmt022115
IRS990/PYTotalExpensesAmt018893
IRS990/PYTotalRevenueAmt041008
IRS990/ReconcilationRevenueExpnssAmt0-9879
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098873
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021165
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt035445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt017087
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt036187
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt020550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0130434
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02348
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt015513
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010652
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt026165
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02348
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02348
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.02000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98520
IRS990ScheduleA/PublicSupportPY509Pct00.98290
IRS990ScheduleA/PublicSupportTotal509Amt0156599
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt036678
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt046097
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt017087
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt036187
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt020550
IRS990ScheduleA/Total509Grp/TotalAmt0156599
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt036678
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt017087
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt038535
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt020550
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0158947
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FinancialDerivativesGrp/BookValueAmt086114
IRS990ScheduleD/FinancialDerivativesGrp/MethodValuationCd0F
IRS990ScheduleD/TotalBookValueSecuritiesAmt086114
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE EDUCATIONAL SCHOLARSHIPS AND MINI-GRANTS TO TEACHERS AND STUDENTS OF MORENCI AREA SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED BY OFFICERS OF ORGANIZATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0561199
IRS990/TotalAssetsEOYAmt0604836
IRS990/TotalAssetsGrp/BOYAmt0561199
IRS990/TotalAssetsGrp/EOYAmt0604836
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt021165
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0138
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt03925
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt026931
IRS990/TotalFunctionalExpensesGrp/TotalAmt030994
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0561199
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0604836
IRS990/TotalOtherProgSrvcExpenseAmt0962
IRS990/TotalProgramServiceExpensesAmt026931
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-50
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt021115
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0561199
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0604836
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 38
IRS990/USAddress/CityNm0MORENCI
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049256
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ROSEMARY DICKERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VP / TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05172312047
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORENCI EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MORE
ReturnHeader/Filer/EIN0043721858
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 38
ReturnHeader/Filer/USAddress/CityNm0MORENCI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049256
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472378381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SHEA & ASSOC ADVISORY AND ACCOUNTING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0133 W MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MORENCI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0492561418
ReturnHeader/PreparerPersonGrp/PhoneNum05174582274
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENT D SHEA CPA
ReturnHeader/ReturnTs02024-05-01T09:36:20-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ROSEMARY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DICKERSON
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$604,836
Liabilities
$0
Net assets
$604,836
Revenue
$21,115
Expenses
$30,994
Net income
-$9,879
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.54$0.00$5.54$0.60$0.27$0.33
2023Detailed filing. Detailed filing data is available for this year.$6.05$0.00$6.05$0.21$0.31$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$0.41$0.19$0.22
2021Detailed filing. Detailed filing data is available for this year.$4.89$0.00$4.89$0.33$0.25$0.08
2020Detailed filing. Detailed filing data is available for this year.$4.97$0.00$4.97$0.11$0.11$0.00
2019Detailed filing. Detailed filing data is available for this year.$4.97$0.00$4.97$0.43$0.23$0.20
2018Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$0.36$0.19$0.17
2017Detailed filing. Detailed filing data is available for this year.$4.53$0.00$4.53$0.29$0.28$0.02
2016Summary only. Only limited summary data is available for this year.$4.43$0.00$0.36$0.34$0.02
2015Summary only. Only limited summary data is available for this year.$4.29$0.00$0.39$0.31$0.08
2014Summary only. Only limited summary data is available for this year.$4.26$0.00$0.42$0.32$0.10
2013Summary only. Only limited summary data is available for this year.$4.15$0.00$0.83$0.25$0.58
2012Summary only. Only limited summary data is available for this year.$3.54$0.00$0.74$0.37$0.37
2011Summary only. Only limited summary data is available for this year.$2.96$0.00$0.75$0.36$0.39