Civic Intelligence

Davison Educational Foundation

990 • Fiscal year 2014 • EIN 06-1823452

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 01, 2015

118 W Flint StDavison, MI 48423

(810) 658-0070

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

72nd percentile

13%

Higher net margin than 72% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

46th percentile

1.1%

Faster asset growth than 46% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

79th percentile

26%

Faster revenue growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,456,274

Up $15,501 (+1.1%) from 2013

Net Assets

Up

$1,456,274

Up $15,501 (+1.1%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$117,103

Up $24,242 (+26%) from 2013

Expenses

Up

$101,602

Up $40,266 (+66%) from 2013

Net Income

Down

$15,501

Down $16,024 (-51%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,400,665Liabilities 2011: $0Net Assets 2011: $1,400,6652011Assets 2012: $1,409,248Liabilities 2012: $0Net Assets 2012: $1,409,2482012Assets 2013: $1,440,773Liabilities 2013: $0Net Assets 2013: $1,440,7732013Assets 2014: $1,456,274Liabilities 2014: $0Net Assets 2014: $1,456,2742014Assets 2015: $1,465,973Liabilities 2015: $0Net Assets 2015: $1,465,9732015Assets 2016: $1,443,352Liabilities 2016: $0Net Assets 2016: $1,443,3522016Assets 2017: $1,456,401Liabilities 2017: $0Net Assets 2017: $1,456,4012017Assets 2018: $1,455,007Liabilities 2018: $0Net Assets 2018: $1,455,0072018Assets 2019: $1,483,120Liabilities 2019: $0Net Assets 2019: $1,483,1202019Assets 2020: $1,532,139Liabilities 2020: $0Net Assets 2020: $1,532,1392020Assets 2021: $1,598,278Liabilities 2021: $0Net Assets 2021: $1,598,2782021Assets 2022: $1,627,577Liabilities 2022: $0Net Assets 2022: $1,627,5772022Assets 2023: $1,637,502Liabilities 2023: $0Net Assets 2023: $1,637,5022023Assets 2024: $1,699,644Liabilities 2024: $0Net Assets 2024: $1,699,6442024

Highlighted filing

2014

Assets$1,456,274
Liabilities$0
Net Assets$1,456,274

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $113,085Expenses 2011: $83,258Net Income 2011: $29,8272011Revenue 2012: $80,323Expenses 2012: $71,740Net Income 2012: $8,5832012Revenue 2013: $92,861Expenses 2013: $61,336Net Income 2013: $31,5252013Revenue 2014: $117,103Expenses 2014: $101,602Net Income 2014: $15,5012014Revenue 2015: $108,760Expenses 2015: $99,061Net Income 2015: $9,6992015Revenue 2016: $75,598Expenses 2016: $98,219Net Income 2016: -$22,6212016Revenue 2017: $102,674Expenses 2017: $89,625Net Income 2017: $13,0492017Revenue 2018: $86,834Expenses 2018: $88,228Net Income 2018: -$1,3942018Revenue 2019: $108,531Expenses 2019: $80,418Net Income 2019: $28,1132019Revenue 2020: $71,209Expenses 2020: $22,190Net Income 2020: $49,0192020Revenue 2021: $80,430Expenses 2021: $52,277Net Income 2021: $28,1532021Revenue 2022: $91,613Expenses 2022: $62,314Net Income 2022: $29,2992022Revenue 2023: $86,746Expenses 2023: $76,821Net Income 2023: $9,9252023Revenue 2024: $130,489Expenses 2024: $68,347Net Income 2024: $62,1422024

Highlighted filing

2014

Revenue$117,103
Expenses$101,602
Net Income$15,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 1, 2015
Return Version
2014v5.0
Gross Receipts
$218,614
Mission and Program Overview

Mission

The foundation's purpose is to accumulate assets and expend them in support of various activities of davison community schools such as teacher mini- grants, professional scholarships and support of other miscellaneous programs of the schools.

The foudation's purpose is to accumulate assets and expend them in support of various activities of davison community schools such as teacher mini- grants, professional scholarships and support of other miscellaneous programs of the schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,371,129$1,389,301▲ $18,172
Cash and Non-Interest-Bearing Accounts$45,588$42,259▼ $3,329
Savings and Temporary Cash Investments$24,056$24,714▲ $658
Total Assets$1,440,773$1,456,274▲ $15,501
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,440,773$1,456,274▲ $15,501
Total Net Assets Fund Balance$1,440,773$1,456,274▲ $15,501
Total Liabilities and Net Assets / Fund Balance$1,440,773$1,456,274▲ $15,501
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin LefflerPresident
Bonnie BruneyBoard Member
Eric LieskeBoard Member
Jim DowsettBoard Member
Kim LindsayBoard Member
Lori TallmanBoard Member
Michelle EdwardsSecretary
Todd FergusonTreasurer
Carol DowsettVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$14,679
Program Service Revenue
$0
Investment Income
$96,410
Other Revenue
$6,014
All Other Contributions
$14,679
Change in Net Assets
$15,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$90,987
Other Expenses$10,615
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$73,549--$73,549
Grants to Domestic Orgs$17,438--$17,438
Fees for Service Investment Mgmnt Fees-$9,170-$9,170
Insurance-$577-$577
Fees for Services Other-$375-$375
Other Expenses-$13-$13
Total Functional Expenses$90,987$10,615$0$101,602
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Davison Community SchoolsDavison, MI-Various Grants/suppo$17,438
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,098
Fundraising Direct Expenses$5,084
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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

Prior to submission, the governing board will review a copy of form 990.

Form 990, Page 6, Part VI, Line 12C

If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.

Form 990, Page 6, Part VI, Line 19

All governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Davison Educational Foundation
EIN
06-1823452
Address
118 W FLINT ST, DAVISON, MI 48423

Signing Officer

Name
Kevin Leffler
Title
President
Signed
2015-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Leffler
Formed
2007
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Yeo & Yeo Pc
Address
4468 OAK BRIDGE DR, FLINT, MI 48532-5422
Preparer
Michael J Frawley
Phone
8107323000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The foudation's purpose is to accumulate assets and expend them in support of various activities of davison community schools such as teacher mini- grants, professional scholarships and support of other miscellaneous programs of the schools.

Raw XML Appendix338 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.

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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE DAVISON EDUCATION FOUNDATION PROVIDES SCHOLARSHIPS TO GRADUATES OF THE DAVISON COMMUNITY SCHOOLS. IN FULFILLING THAT MISSION, THE FOUNDATION SOLICITS DONATIONS FROM THE EMPLOYEES OF DAVISON SCHOOLS IN ADDITION TO INTERESTED MEMBERS OF THE DAVISON COMMUNITY AND OTHERS WHO WISH TO ASSIST IN OUR MISSION. TO ASSIST IN THE SUCCESSFUL SOLICITATION OF DONATIONS, THE GOVERNING BOARD OF THE FOUNDATION INCLUDES MEMBERS OF THE ADMINISTRATION OF DAVISON SCHOOLS AS WELL AS LEADING MEMBERS OF THE DAVISION COMMUNITY. THESE EFFORTS RESULTED IN A LARGE BEQUEST TO THE ORGANIZATION IN 2008 WHICH HAS BEEN INVESTED, RESULTING IN SUBSTANTIAL INVESTMENT INCOME ANNUALLY.
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt015412
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt014238
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt011808
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013942
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt070079
IRS990ScheduleA/TotalSupportAmt0295191
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt073549
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt021
IRS990ScheduleI/RecipientTable/CashGrantAmt017438
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0VARIOUS GRANTS/SUPPO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DAVISON COMMUNITY SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0386001203
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01490 NORTH OAK ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DAVISON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048423
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUDATION'S PURPOSE IS TO ACCUMULATE ASSETS AND EXPEND THEM IN SUPPORT OF VARIOUS ACTIVITIES OF DAVISON COMMUNITY SCHOOLS SUCH AS TEACHER MINI- GRANTS, PROFESSIONAL SCHOLARSHIPS AND SUPPORT OF OTHER MISCELLANEOUS PROGRAMS OF THE SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PRIOR TO SUBMISSION, THE GOVERNING BOARD WILL REVIEW A COPY OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01440773
IRS990/TotalAssetsEOYAmt01456274
IRS990/TotalAssetsGrp/BOYAmt01440773
IRS990/TotalAssetsGrp/EOYAmt01456274
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt014679
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt010615
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt090987
IRS990/TotalFunctionalExpensesGrp/TotalAmt0101602
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01440773
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01456274
IRS990/TotalProgramServiceExpensesAmt090987
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt096410
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0117103
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01440773
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01456274
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01440773
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01456274
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0118 WEST FLINT STREET
IRS990/USAddress/CityNm0DAVISON
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048423
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN LEFFLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-06-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DAVISON EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0DAVI
ReturnHeader/Filer/EIN0061823452
ReturnHeader/Filer/USAddress/AddressLine1Txt0118 W FLINT ST
ReturnHeader/Filer/USAddress/CityNm0DAVISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048423
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382706146
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YEO & YEO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04468 OAK BRIDGE DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLINT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0485325422
ReturnHeader/PreparerPersonGrp/PhoneNum08107323000
ReturnHeader/PreparerPersonGrp/PreparationDt02015-06-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL J FRAWLEY
ReturnHeader/ReturnTs02015-06-11T14:19:21-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.00$1.70$0.13$0.07$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.09$0.08$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.63$0.00$1.63$0.09$0.06$0.03
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.60$0.00$1.60$0.08$0.05$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.00$1.53$0.07$0.02$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.11$0.08$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.00$1.46$0.09$0.09$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$0.00$1.46$0.10$0.09$0.01
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.00$1.44$0.08$0.10$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$0.11$0.10$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.12$0.10$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.09$0.06$0.03
2012Summary only. Only limited summary data is available for this year.$1.41$0.00$1.41$0.08$0.07$0.01
2011Summary only. Only limited summary data is available for this year.$1.40$0.00$1.40$0.11$0.08$0.03