Civic Intelligence

South Haven Community Foundation

990 • Fiscal year 2014 • EIN 20-3841038

Jan 01, 2014 to Dec 31, 2014 • Filed on May 13, 2015

PO Box 507South Haven, MI 49090

(269) 639-9086

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

96th percentile

76%

Higher net margin than 96% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-33%

Faster revenue growth than 9% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$579,691

Up $100,106 (+21%) from 2013

Net Assets

Up

$579,691

Up $100,106 (+21%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$113,019

Down $55,870 (-33%) from 2013

Expenses

Up

$26,917

Up $1,339 (+5.2%) from 2013

Net Income

Down

$86,102

Down $57,209 (-40%) from 2013

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $214,726Liabilities 2011: $0Net Assets 2011: $214,7262011Assets 2012: $299,672Liabilities 2012: $0Net Assets 2012: $299,6722012Assets 2013: $479,585Liabilities 2013: $0Net Assets 2013: $479,5852013Assets 2014: $579,691Liabilities 2014: $0Net Assets 2014: $579,6912014Assets 2015: $616,965Liabilities 2015: $13,250Net Assets 2015: $603,7152015Assets 2016: $616,853Liabilities 2016: $2,075Net Assets 2016: $614,7782016Assets 2017: $706,716Liabilities 2017: $2,075Net Assets 2017: $704,6412017Assets 2018: $852,519Liabilities 2018: $0Net Assets 2018: $852,5192018Assets 2019: $996,591Liabilities 2019: $16,445Net Assets 2019: $980,1462019Assets 2020: $1,732,420Liabilities 2020: $1,600Net Assets 2020: $1,730,8202020Assets 2021: $4,014,116Liabilities 2021: $10,200Net Assets 2021: $4,003,9162021Assets 2022: $3,890,424Liabilities 2022: $30,200Net Assets 2022: $3,860,2242022Assets 2023: $6,025,558Liabilities 2023: $182,938Net Assets 2023: $5,842,6202023Assets 2024: $6,612,690Liabilities 2024: $168,619Net Assets 2024: $6,444,0712024

Highlighted filing

2014

Assets$579,691
Liabilities$0
Net Assets$579,691

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2011: $17,0892011Expenses 2012: $12,0342012Revenue 2013: $168,889Expenses 2013: $25,578Net Income 2013: $143,3112013Revenue 2014: $113,019Expenses 2014: $26,917Net Income 2014: $86,1022014Revenue 2015: $84,686Expenses 2015: $27,961Net Income 2015: $56,7252015Revenue 2016: $22,361Expenses 2016: $20,126Net Income 2016: $2,2352016Revenue 2017: $91,794Expenses 2017: $50,267Net Income 2017: $41,5272017Revenue 2018: $160,062Expenses 2018: $38,284Net Income 2018: $121,7782018Revenue 2019: $185,073Expenses 2019: $64,236Net Income 2019: $120,8372019Revenue 2020: $829,887Expenses 2020: $119,204Net Income 2020: $710,6832020Revenue 2021: $2,013,136Expenses 2021: $109,101Net Income 2021: $1,904,0352021Revenue 2022: $818,254Expenses 2022: $197,707Net Income 2022: $620,5472022Revenue 2023: $585,047Expenses 2023: $57,017Net Income 2023: $528,0302023Revenue 2024: $399,129Expenses 2024: $286,283Net Income 2024: $112,8462024

Highlighted filing

2014

Revenue$113,019
Expenses$26,917
Net Income$86,102
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$113,019
Mission and Program Overview

Mission

The south haven community foundation is dedicated to promoting and enriching the quality of life for all residents, full-time and part-time, in the greater south haven area by honoring its heritage, nuturing its present and endowing its future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$479,585$579,691▲ $100,106
Investments in Publicly Traded Securities$420,867$506,330▲ $85,463
Cash and Non-Interest-Bearing Accounts$58,718$73,361▲ $14,643
Total Assets$479,585$579,691▲ $100,106
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$479,585$579,691▲ $100,106
Total Liabilities and Net Assets / Fund Balance$479,585$579,691▲ $100,106

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$454,027$93,090▲ $31,464-$578,581
2013$274,459$131,528▲ $48,040-$454,027
2012$207,779$40,145▲ $26,590-$274,514
2011$219,332$22,645▼ $34,198-$207,779
2010$190,841$15,080▲ $13,411-$219,332
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert StraitsPresident
Thomas PowellVice-president
James MarcouxExecutive Director
Alan SilvermanTrustee
Bill OttTrustee
Brian DissetteTrustee
Dene HaddenTrustee
Glenn PietenpolTrustee
Ida SledgeTrustee
Janice VarneyTrustee
Laura HaywardTrustee
Melinda RemerTrustee
Paul HemmeterTrustee
Tom RennerTrustee
Rosalie PlechatySecretary
Roberta OttoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$93,090
Program Service Revenue
$0
Investment Income
$19,929
Other Revenue
$0
All Other Contributions
$93,090
Change in Net Assets
$86,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$17,154
Other Expenses$9,763
Total Fundraising Expense$286
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$17,154--$17,154
Fees for Services Accounting-$6,790-$6,790
All Other Expenses-$295-$295
Other Expenses-$40$286$40
Total Functional Expenses$17,154$9,477$286$26,917
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Na----
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 governing body review Part VI line 11

Form 990 was completed by the treasurer and reviewed and approved by the chairman of the board. Copies of the 990 are provided to all board members and chairman for review.

Conflict of interest policy compliance Part VI line 12C

Each board member is required to sign a conflict of interest statement each year which is put on file.

Governing documents etc available to public Part VI line 19

All finincial statements, licenses, grant making documents, mission statement, and board of trustees are located and updated as needed on the website.

Filing and Contact Details

Filer

Filer Name
South Haven Community Foundation
EIN
20-3841038
Address
PO BOX 507, SOUTH HAVEN, MI 49090

Signing Officer

Name
Robert Straits
Title
President
Phone
2696399086
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Marcoux
Formed
2006
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
16
Employees
0

Preparer

Firm
Roberta a Otto CPA Plc
Address
352 BLUE STAR HIGHWAY, SOUTH HAVEN, MI 49090
Preparer
Roberta Otto
Phone
2696392255
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt240
IRS990/OtherExpensesGrp/TotalAmt0286
IRS990/OtherExpensesGrp/TotalAmt12295
IRS990/OtherExpensesGrp/TotalAmt257
IRS990/OtherExpensesGrp/TotalAmt340
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JAMES MARCOUX
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0157450
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt018698
IRS990/PYInvestmentIncomeAmt011439
IRS990/PYOtherExpensesAmt06880
IRS990/PYRevenuesLessExpensesAmt0143311
IRS990/PYTotalExpensesAmt025578
IRS990/PYTotalRevenueAmt0168889
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt086102
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt093090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0157950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt070435
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043179
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt064062
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0428716
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt010351
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011439
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt05266
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0485
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013411
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt040952
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt010351
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011439
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt05266
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0485
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013411
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt040952
IRS990ScheduleA/InvestmentIncomeCYPct00.09000
IRS990ScheduleA/InvestmentIncomePYPct00.10000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.91280
IRS990ScheduleA/PublicSupportPY509Pct00.90000
IRS990ScheduleA/PublicSupportTotal509Amt0428716
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt093090
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0157950
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt070435
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt043179
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt064062
IRS990ScheduleA/Total509Grp/TotalAmt0428716
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0103441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0169389
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt075701
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt043664
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt077473
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0469668
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0454027
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt093090
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0578581
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt031464
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0274459
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0131528
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0454027
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt048040
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0207779
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt040145
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0274514
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt026590
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0219332
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt022645
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0207779
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-34198
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0190841
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt015080
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0219332
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt013411
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NA
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT PROCEDURES ARE IN PLACE WITH A COMMITTEE MONITORING GRANT AWARDS. THE HIGHEST GRANT AWARD WAS $2000. EACH RECIPIENT MUST TURN IN AN ACCOUNTING RECORD OF HOW THE FUNDS WERE UNTILIZED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS COMPLETED BY THE TREASURER AND REVIEWED AND APPROVED BY THE CHAIRMAN OF THE BOARD. COPIES OF THE 990 ARE PROVIDED TO ALL BOARD MEMBERS AND CHAIRMAN FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH BOARD MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT EACH YEAR WHICH IS PUT ON FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL FININCIAL STATEMENTS, LICENSES, GRANT MAKING DOCUMENTS, MISSION STATEMENT, AND BOARD OF TRUSTEES ARE LOCATED AND UPDATED AS NEEDED ON THE WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0479585
IRS990/TotalAssetsEOYAmt0579691
IRS990/TotalAssetsGrp/BOYAmt0479585
IRS990/TotalAssetsGrp/EOYAmt0579691
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt093090
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0286
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09477
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017154
IRS990/TotalFunctionalExpensesGrp/TotalAmt026917
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0479585
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0579691

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.61$0.17$6.44$0.40$0.29$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.03$0.18$5.84$0.59$0.06$0.53
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$0.03$3.86$0.82$0.20$0.62
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.01$0.01$4.00$2.01$0.11$1.90
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.00$1.73$0.83$0.12$0.71
2019Summary only. Only limited summary data is available for this year.$1.00$0.02$0.98$0.19$0.06$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.00$0.85$0.16$0.04$0.12
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.70$0.09$0.05$0.04
2016Summary only. Only limited summary data is available for this year.$0.62$0.00$0.61$0.02$0.02$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.01$0.60$0.08$0.03$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.11$0.03$0.09
2013Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$0.17$0.03$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.00$0.30$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.00$0.21$0.02