Civic Intelligence

Hudsonville Public Schools Educational Foundation

EIN 20-1769858 • 501(c)3 • Hudsonville, MI

Profile

Invest in academic opportunities for hudsonville public school students by providing funding for resources that enrich education.

PO Box 582Hudsonville, MI 49426

hudsedfound.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

70th percentile

16%

Higher net margin than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$31,421

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 43.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

50th percentile

-0.7%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$207,867

Up $19,844 (+11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

$207,867

No earlier filing loaded for comparison.

Revenue

Down

$122,489

Down $818 (-0.7%) from 2023

Expenses

Down

$103,420

Down $8,053 (-7.2%) from 2023

Net Income

Up

$19,069

Up $7,235 (+61%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2021: $174,365Net Assets 2021: $174,3652021Assets 2022: $176,189Net Assets 2022: $176,1892022Assets 2023: $188,023Liabilities 2023: $02023Assets 2024: $207,867Liabilities 2024: $0Net Assets 2024: $207,8672024

Highlighted filing

2024

Assets$207,867
Liabilities$0
Net Assets$207,867

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0Revenue 2021: $91,765Expenses 2021: $24,678Net Income 2021: $67,0872021Revenue 2022: $72,692Expenses 2022: $70,868Net Income 2022: $1,8242022Revenue 2023: $123,307Expenses 2023: $111,473Net Income 2023: $11,8342023Revenue 2024: $122,489Expenses 2024: $103,420Net Income 2024: $19,0692024

Highlighted filing

2024

Revenue$122,489
Expenses$103,420
Net Income$19,069

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$161,593
Mission and Program Overview

Mission

Invest in academic opportunities for hudsonville public school students by providing funding for resources that enrich education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$87,344$88,826▲ $1,482
Cash and Non-Interest-Bearing Accounts$36,679$54,266▲ $17,587
Total Assets$188,023$207,867▲ $19,844
Other Assets Total$64,000$64,775▲ $775
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$188,023$207,867▲ $19,844
Total Net Assets Fund Balance$188,023$207,867▲ $19,844
Total Liabilities and Net Assets / Fund Balance$188,023$207,867▲ $19,844

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$64,775--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$64,000$775--$64,775
2023$34,000$30,000--$64,000
2022$34,000---$34,000
2021-$34,000--$34,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Janessa SmitExecutive DiPT$23,176$23,176

Board Members and Trustees

NameTitle
Nicole HansenPresident
Andy SecorBoard Member
Brent BalkemaBoard Member
Dave FeenstraBoard Member
Henry SamaniegoBoard Member
Shawn HammecherBoard Member
Greg ChanskiHps Board Re
Dr Doug VanderjagtHps Superint
Drew YsseldykeTreasurer
Deb WatsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$81,467
Program Service Revenue
$0
Investment Income
$3,645
Other Revenue
$37,377
All Other Contributions
$53,467
Change in Net Assets
$19,069

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table108$20,739Fair Market Value
Total Noncash Contributions108$20,739-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,517
Total Fundraising Expense$35,297
Grants and Similar Amounts Paid$29,736
Salaries, Compensation, and Employee Benefits$26,167
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$6,170$12,338$6,170$24,678
Grants to Domestic Orgs$22,736--$22,736
Fees for Services Accounting-$8,773-$8,773
Grants to Domestic Individuals$7,000--$7,000
Information Technology-$2,962$2,962$5,924
Advertising$426-$1,282$1,708
Other Expenses$1,156-$386$1,542
Payroll Taxes$372$745$372$1,489
Insurance-$1,356-$1,356
Office Expenses$294$500$384$1,178
Travel-$978-$978
All Other Expenses-$512-$512
Conferences and Meetings-$385-$385
Total Functional Expenses$39,574$28,549$35,297$103,420
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hudsonville Public SchoolsHudsonville, MI-For Teachers$22,736
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,481
Fundraising Direct Expenses$39,104
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Soaree$32,629$32,629$8,636$23,993
Eagles of Excel$49,432$21,432$15,289$6,143
Total Events$104,481$76,481$39,104$37,377
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
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
Yes
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 9

Janessa smit 3886 van buren street hudsonville, mi 49426

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

A copy of the form 990 is provided to the executive group for review prior to filing.

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

The board of directors has historically had the executive director and treasurer complete a conflict of interest form annually. The board members are expected to disclose interests that could give rise to conflicts annually.

Form 990, Page 6, Part VI, Line 15A

The michigan education foundation determines compensation.

Form 990, Page 6, Part VI, Line 19

Documents are available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Hudsonville Public Schools
EIN
20-1769858
Phone
6166691740
Address
PO BOX 582, HUDSONVILLE, MI 49426

Signing Officer

Name
Drew Ysseldyke
Title
Treasurer
Phone
6166691740
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Drew Ysseldyke
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
De Boer Baumann & Company Plc
Address
110 N THIRD STREET, GRAND HAVEN, MI 49417
Preparer
Kristin Hibbard
Phone
6168463350
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Endowment fund contribution 775

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The endowment funds are used in support of the organization's program services including investing in academic opportunities for hudsonville public school students by providing funding for resources that enrich education.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt073509
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0315647
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt070
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0183
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06088
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt076481
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt044646
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt029755
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt032668
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0183550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03645
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02190
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0183
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06088
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
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IRS990ScheduleA/PublicSupportCY509Pct00.64250
IRS990ScheduleA/PublicSupportPY509Pct00.60140
IRS990ScheduleA/PublicSupportTotal509Amt0324633
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt040000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt052415
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt030149
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt052000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0174564
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0143931
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt091141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0106177
IRS990ScheduleA/Total509Grp/TotalAmt0499197
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0161593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0146121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt091211
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0106360
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0505285
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt064000
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0775
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt064775
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt034000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt030000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt064000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt034000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt034000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt034000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt034000
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0true
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt064775
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ENDOWMENT: RESERVE FUNDS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE USED IN SUPPORT OF THE ORGANIZATION'S PROGRAM SERVICES INCLUDING INVESTING IN ACADEMIC OPPORTUNITIES FOR HUDSONVILLE PUBLIC SCHOOL STUDENTS BY PROVIDING FUNDING FOR RESOURCES THAT ENRICH EDUCATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueOtherAssetsAmt064775
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt028000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt028000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039104
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0EAGLES OF EXCEL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SPRING SOAREE
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt032629
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt022420
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0104481
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021432
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt032629
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt022420
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt076481
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt037377
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt015179
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt039104
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015289
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt08636
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt07000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/RecipientTable/CashGrantAmt022736
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR TEACHERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HUDSONVILLE PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0386003289
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03886 VAN BUREN STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HUDSONVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049426
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0108
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0GOODS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt020739
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JANESSA SMIT 3886 VAN BUREN STREET HUDSONVILLE, MI 49426
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE EXECUTIVE GROUP FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS HAS HISTORICALLY HAD THE EXECUTIVE DIRECTOR AND TREASURER COMPLETE A CONFLICT OF INTEREST FORM ANNUALLY. THE BOARD MEMBERS ARE EXPECTED TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MICHIGAN EDUCATION FOUNDATION DETERMINES COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ENDOWMENT FUND CONTRIBUTION 775
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 9
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 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI

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