Civic Intelligence

Michael John Lager Foundation

990EZ • Fiscal year 2016 • EIN 20-0985519

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 22, 2017

PO Box 2886Columbus, OH 43216

(614) 222-0882

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

72nd percentile

16%

Higher net margin than 72% 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

83rd percentile

43%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

21st percentile

-23%

Faster revenue growth than 21% of similar nonprofits.

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

Assets

Up

$20,128

Up $6,078 (+43%) from 2015

Net Assets

Up

$20,128

Up $6,078 (+43%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$38,937

Down $11,841 (-23%) from 2015

Expenses

Down

$32,859

Down $15,978 (-33%) from 2015

Net Income

Up

$6,078

Up $4,137 (+213%) from 2015

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2014: $12,109Liabilities 2014: $02014Assets 2015: $14,050Net Assets 2015: $14,0502015Assets 2016: $20,128Net Assets 2016: $20,1282016Assets 2017: $13,938Net Assets 2017: $13,9382017Assets 2018: $7,854Net Assets 2018: $7,8542018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2016

Assets$20,128
Liabilities-
Net Assets$20,128

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2014: $49,756Expenses 2014: $54,729Net Income 2014: -$4,9732014Revenue 2015: $50,778Expenses 2015: $48,837Net Income 2015: $1,9412015Revenue 2016: $38,937Expenses 2016: $32,859Net Income 2016: $6,0782016Revenue 2017: $21,476Expenses 2017: $27,666Net Income 2017: -$6,1902017Revenue 2018: $40Expenses 2018: $6,124Net Income 2018: -$6,0842018Revenue 2019: -$635Expenses 2019: $7,219Net Income 2019: -$7,8542019

Highlighted filing

2016

Revenue$38,937
Expenses$32,859
Net Income$6,078
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 22, 2017
Return Version
2016v3.0
Gross Receipts
$38,937
Mission and Program Overview

Mission

To maximize opportunities for ecot students, their families, teachers, and the community through assistance for higher education, scholarships, and other programs to overcome barriers they have encountered in their lives.

Program Services

DescriptionGrantsExpenses
TO MAKE GRANTS TO SUPPORT ACTIVITIES AND PROJECTS OF ORGANIZATIONS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES THAT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE CODE. MICHAEL JOHN LAGER FOUNDATION PROVIDES ANNUAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITIES THROUGH SCHOLARSHIP TO COLLEGES AND LEADERSHIP PROGRAMS FOR THE STUDENTS OF ECOT, A COMMUNITY SCHOOL IN THE STATE OF OHIO, FOR THEIR EVENTS SUCH AS THE JUNIOR/SENIOR PROM AND HOLIDAY HUGS PROGRAMS.$14,675$29,103
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELISSA VASILDirector-$0--
STEVE SELLERSPresident-$0--
KATHY MARTENSENDirector-$0--
JERRY MCMANNAMYDirector-$0--
AMY DAVISDirector-$0--
BRITTNY PIERSONDirector-$0--
LES BOSTICDirector-$0--
LESLIE FELLERSDirector-$0--
ZITA HUNTTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Michael John Lager Foundation
EIN
20-0985519
Phone
6142220882
Address
PO BOX 2886, COLUMBUS, OH 43216

Signing Officer

Name
Zita Hunt
Title
Treasurer
Phone
6142220882
Signed
2017-03-22
Discuss with paid preparer
Yes

Preparer

Firm
Whalen & Company Cpas
Address
250 WEST OLD WILSON BRIDGE ROAD STE, WORTHINGTON, OH 43085
Preparer
Patrick J Mcclary CPA
Phone
6143964200
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

SCHOLARSHIPS 13,098 0 0

Form 990-ez, Part I, Line 16

Expenses advertising 300 supplies 83 computer and internet expense 180 bank service charge 710 insurance - liab d&o 481 license and fees 38 prom expense 14,428 total 16,220

Form 990-ez, Part II, Line 24

Logo design 2,000 2,000 less accumulated amortization 811 944 total 1,189 1,056

Form 990-ez, Part III

To maximize opportunities for ecot students, their families, teachers, and the community through assistance for higher education, scholarships, and other programs to overcome barriers they have encountered in their lives.

Form 990-ez, Part III, Line 28

To make grants to support activities and projects of organizations operated exclusively for charitable, scientific, literary, and educational purposes that qualify as tax-exempt organizations under section 501(c)(3) of the code. Michael john lager foundation provides annual supplemental educational opportunities through scholarship to colleges and leadership programs for the students of ecot, a community school in the state of ohio, for their events such as the junior/senior prom and holiday hugs programs.

Raw XML Appendix164 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/OperateHospitalInd0false
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IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS 13,098 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 300 SUPPLIES 83 COMPUTER AND INTERNET EXPENSE 180 BANK SERVICE CHARGE 710 INSURANCE - LIAB D&O 481 LICENSE AND FEES 38 PROM EXPENSE 14,428 TOTAL 16,220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LOGO DESIGN 2,000 2,000 LESS ACCUMULATED AMORTIZATION 811 944 TOTAL 1,189 1,056
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO MAXIMIZE OPPORTUNITIES FOR ECOT STUDENTS, THEIR FAMILIES, TEACHERS, AND THE COMMUNITY THROUGH ASSISTANCE FOR HIGHER EDUCATION, SCHOLARSHIPS, AND OTHER PROGRAMS TO OVERCOME BARRIERS THEY HAVE ENCOUNTERED IN THEIR LIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO MAKE GRANTS TO SUPPORT ACTIVITIES AND PROJECTS OF ORGANIZATIONS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES THAT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE CODE. MICHAEL JOHN LAGER FOUNDATION PROVIDES ANNUAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITIES THROUGH SCHOLARSHIP TO COLLEGES AND LEADERSHIP PROGRAMS FOR THE STUDENTS OF ECOT, A COMMUNITY SCHOOL IN THE STATE OF OHIO, FOR THEIR EVENTS SUCH AS THE JUNIOR/SENIOR PROM AND HOLIDAY HUGS PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/ReturnTs02017-03-27T22:01:16+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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