Civic Intelligence

Local First Educational Foundation

990 • Fiscal year 2021 • EIN 20-4696543

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 08, 2022

Organization ProfileWWW.LOCALFIRST.COM
111 South Division AveGrand Rapids, MI 49503

(616) 808-3788

Siviq Scores

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

Liabilities / Assets

64th percentile

0.01x

Higher debt load relative to assets than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

15th percentile

-33%

Higher net margin than 15% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

16th percentile

-25%

Faster asset growth than 16% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-47%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets64th percentile

Assets

Down

$221,915

Down $72,760 (-25%) from 2020

Net Assets

Down

$219,795

Down $73,480 (-25%) from 2020

Liabilities

Up

$2,120

Up $720 (+51%) from 2020

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin15th percentile

Revenue

Down

$224,548

Down $197,097 (-47%) from 2020

Expenses

Down

$298,028

Down $53,393 (-15%) from 2020

Net Income

Down

-$73,480

Down $143,704 (-205%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$300K$200K$100K$0-$100KAssets 2010: $43,688Liabilities 2010: $83,707Net Assets 2010: -$40,0192010Assets 2011: $44,255Liabilities 2011: $36,246Net Assets 2011: $8,0092011Assets 2012: $38,156Liabilities 2012: $10,008Net Assets 2012: $28,1482012Assets 2013: $106,183Liabilities 2013: $6,000Net Assets 2013: $100,1832013Assets 2014: $174,750Liabilities 2014: $146,439Net Assets 2014: $28,3112014Assets 2015: $284,495Liabilities 2015: $232,837Net Assets 2015: $51,6582015Assets 2016: $99,332Liabilities 2016: $50,961Net Assets 2016: $48,3712016Assets 2017: $91,003Liabilities 2017: $0Net Assets 2017: $91,0032017Assets 2018: $98,769Liabilities 2018: $26,093Net Assets 2018: $72,6762018Assets 2019: $224,189Liabilities 2019: $1,138Net Assets 2019: $223,0512019Assets 2020: $294,675Liabilities 2020: $1,400Net Assets 2020: $293,2752020Assets 2021: $221,915Liabilities 2021: $2,120Net Assets 2021: $219,7952021Assets 2022: $214,465Liabilities 2022: $2,840Net Assets 2022: $211,6252022Assets 2023: $61,474Liabilities 2023: $1,750Net Assets 2023: $59,7242023Assets 2024: $153,020Liabilities 2024: $0Net Assets 2024: $153,0202024

Highlighted filing

2021

Assets$221,915
Liabilities$2,120
Net Assets$219,795
Open 2021 Filing

Operations Trend

Revenue Growth18th percentile

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

$1.0M$500K$0-$500KRevenue 2010: $42,040Expenses 2010: $71,351Net Income 2010: -$29,3112010Revenue 2011: $195,425Expenses 2011: $147,397Net Income 2011: $48,0282011Revenue 2012: $194,844Expenses 2012: $194,975Net Income 2012: -$1312012Revenue 2013: $227,838Expenses 2013: $155,803Net Income 2013: $72,0352013Revenue 2014: $117,042Expenses 2014: $194,914Net Income 2014: -$77,8722014Revenue 2015: $298,625Expenses 2015: $275,278Net Income 2015: $23,3472015Revenue 2016: $267,965Expenses 2016: $271,252Net Income 2016: -$3,2872016Revenue 2017: $381,570Expenses 2017: $338,938Net Income 2017: $42,6322017Revenue 2018: $255,954Expenses 2018: $274,281Net Income 2018: -$18,3272018Revenue 2019: $528,507Expenses 2019: $378,132Net Income 2019: $150,3752019Revenue 2020: $421,645Expenses 2020: $351,421Net Income 2020: $70,2242020Revenue 2021: $224,548Expenses 2021: $298,028Net Income 2021: -$73,4802021Revenue 2022: $389,138Expenses 2022: $397,308Net Income 2022: -$8,1702022Revenue 2023: $506,027Expenses 2023: $657,928Net Income 2023: -$151,9012023Revenue 2024: $972,764Expenses 2024: $879,468Net Income 2024: $93,2962024

Highlighted filing

2021

Revenue$224,548
Expenses$298,028
Net Income-$73,480
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 8, 2022
Return Version
2021v4.2
Gross Receipts
$224,742
Mission and Program Overview

Mission

To promote the development of a sustainable west michigan economy through business and consumer education.

To provide business education to local businesses

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$293,275$219,795▼ $73,480
Cash and Non-Interest-Bearing Accounts$65,395$58,155▼ $7,240
Land, Buildings, and Equipment, Net$29,292$26,422▼ $2,870
Accounts Receivable$3,750$5,500▲ $1,750
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$294,675$221,915▼ $72,760
Other Assets Total$196,238$131,838▼ $64,400
Liabilities
Accounts Payable and Accrued Expenses$1,400$2,120▲ $720
Total Liabilities$1,400$2,120▲ $720
Net Assets / Fund Balance
Total Net Assets Fund Balance$293,275$219,795▼ $73,480
Total Liabilities and Net Assets / Fund Balance$294,675$221,915▼ $72,760

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$26,422$34,984-
Other Assets Org$131,838--
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Doris DrainBoard Chair
Michelle HoexumBoard Member
Tarence LauchieBoard Member
Cj SchneiderSecretary
Jason WheelerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$185,180
Program Service Revenue
$37,850
Investment Income
$0
Other Revenue
$1,518
All Other Contributions
$161,930
Change in Net Assets
$-73,480
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$298,028
Total Fundraising Expense$49,939
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$131,528$42,311$42,311$216,150
Fees for Services Other$13,200$21,533-$34,733
Occupancy-$7,594$7,594$15,188
Depreciation Depletion-$5,920-$5,920
Insurance-$2,288-$2,288
Fees for Services Accounting-$1,250-$1,250
Travel$462--$462
Other Expenses$277$1,251$34$311
All Other Expenses-$13-$13
Total Functional Expenses$165,166$82,923$49,939$298,028
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,712
Fundraising Direct Expenses$194
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pfe Events$24,962$1,712$194$1,518
Total Events$24,962$1,712$194$1,518
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
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
Yes
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, Part VI, Section B, Line 11B

“The form is prepared by our accountant and reviewed by our treasurer and president.”

Form 990, Part VI, Section B, Line 12C

“To ensure that the organization operates in a manner consistent with its tax-exempt purposes and that it does not engage in activities that could jeopardize its status as an organization exempt from federal income tax, periodic review shall be conducted. The periodic reviews shall, at a miniumum, include the following subjects: a. Whether compensation arrangements and benefits, if any, are reasonable, based on competent survey information and are the results of arm's-length bargaining. B. Whether partnership and joint venture arrangements and arrangements with management organizations conform to written policies, are properly recorded, reflect reasonable payments for goods and services, further the organization's tax-exempt purposes and do not result in inurement, an impermissible private benefit, or an excess benefit transaction.”

Form 990, Part VI, Section B, Line 15

“The board reviews the salary of the president periodically to determine a level of compensation that is reasonable considering the skills offered compared with others having a similar skill sets and the furtherance of the organization's mission. The presdient is a w2 employee of local first of west michigan. Local first educational foundation contracts with local first of west michigan for support.”

Form 990, Part VI, Section C, Line 18

“The 990 is available upon written request to the business office”

Form 990, Part VI, Section C, Line 19

“The conflict of interest policy and financial statements are made available upon written request to the business office.”

Filing and Contact Details

Filer

Filer Name
Local First Educational Foundation
EIN
20-4696543
Phone
6168083788
Address
111 SOUTH DIVISION AVE, GRAND RAPIDS, MI 49503

Signing Officer

Name
Hanna Schulze
Title
Executive Director
Phone
6168083788
Signed
2022-07-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hanna Schulze
Formed
2006
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Vander Ploeg Bergakker & Associates
Address
4145 EMBASSY DRIVE SE, GRAND RAPIDS, MI 49546
Preparer
Steve Johnson
Phone
6169570691
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Other professional fees: program service expenses 13,200. Management and general expenses 21,533. Fundraising expenses 0. Total expenses 34,733.”

Raw XML AppendixShowing 400 of 403 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/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt061
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt071
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt01905377
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0224742
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0421645
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0529770
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0253140
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0476080
IRS990ScheduleA/Total509Grp/TotalAmt01905377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0224742
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0421645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0529770
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0253150
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0476141
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01905448
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt026422
IRS990ScheduleD/EquipmentGrp/DepreciationAmt034984
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt061406
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0131838
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RECEIVABLE FROM LOCAL FIRST OF WEST MICHIGAN
IRS990ScheduleD/TotalBookValueLandBuildingsAmt026422
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0131838
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt023250
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt023250
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0194
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PFE EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt024962
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt024962
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01712
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01712
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01518
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0194
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0194
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM IS PREPARED BY OUR ACCOUNTANT AND REVIEWED BY OUR TREASURER AND PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ENSURE THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, PERIODIC REVIEW SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIUMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS, IF ANY, ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND ARE THE RESULTS OF ARM'S-LENGTH BARGAINING. B. WHETHER PARTNERSHIP AND JOINT VENTURE ARRANGEMENTS AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENTS FOR GOODS AND SERVICES, FURTHER THE ORGANIZATION'S TAX-EXEMPT PURPOSES AND DO NOT RESULT IN INUREMENT, AN IMPERMISSIBLE PRIVATE BENEFIT, OR AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE SALARY OF THE PRESIDENT PERIODICALLY TO DETERMINE A LEVEL OF COMPENSATION THAT IS REASONABLE CONSIDERING THE SKILLS OFFERED COMPARED WITH OTHERS HAVING A SIMILAR SKILL SETS AND THE FURTHERANCE OF THE ORGANIZATION'S MISSION. THE PRESDIENT IS A W2 EMPLOYEE OF LOCAL FIRST OF WEST MICHIGAN. LOCAL FIRST EDUCATIONAL FOUNDATION CONTRACTS WITH LOCAL FIRST OF WEST MICHIGAN FOR SUPPORT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS AVAILABLE UPON WRITTEN REQUEST TO THE BUSINESS OFFICE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE BUSINESS OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 13,200. MANAGEMENT AND GENERAL EXPENSES 21,533. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,733.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0294675
IRS990/TotalAssetsEOYAmt0221915
IRS990/TotalAssetsGrp/BOYAmt0294675
IRS990/TotalAssetsGrp/EOYAmt0221915
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0185180
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt049939
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt082923
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0165166
IRS990/TotalFunctionalExpensesGrp/TotalAmt0298028
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01400
IRS990/TotalLiabilitiesEOYAmt02120
IRS990/TotalLiabilitiesGrp/BOYAmt01400
IRS990/TotalLiabilitiesGrp/EOYAmt02120
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0293275
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0219795
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0165166
IRS990/TotalProgramServiceRevenueAmt037850
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01518
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt037850
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0224548
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0294675
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0221915
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0462
IRS990/TravelGrp/TotalAmt0462
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 SOUTH DIVISION AVE
IRS990/USAddress/CityNm0GRAND RAPIDS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049503
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.LOCALFIRST.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HANNA SCHULZE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06168083788
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL FIRST EDUCATIONAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0204696543
ReturnHeader/Filer/PhoneNum06168083788
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 SOUTH DIVISION AVE
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049503
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382445537
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VANDER PLOEG BERGAKKER & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04145 EMBASSY DRIVE SE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049546
ReturnHeader/PreparerPersonGrp/PhoneNum06169570691
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVE JOHNSON
ReturnHeader/ReturnTs02022-09-27T14:40:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0HANNA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHULZE

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$221,915
Liabilities
$2,120
Net assets
$219,795
Revenue
$224,548
Expenses
$298,028
Net income
-$73,480
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$9.73$8.79$0.93
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.61$0.02$0.60$5.06$6.58$1.52
2022Detailed filing. Detailed filing data is available for this year.$2.14$0.03$2.12$3.89$3.97$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.22$0.02$2.20$2.25$2.98$0.73
2020Detailed filing. Detailed filing data is available for this year.$2.95$0.01$2.93$4.22$3.51$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.01$2.23$5.29$3.78$1.50
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.26$0.73$2.56$2.74$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.00$0.91$3.82$3.39$0.43
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.51$0.48$2.68$2.71$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.84$2.33$0.52$2.99$2.75$0.23
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$1.46$0.28$1.17$1.95$0.78
2013Detailed filing. Detailed filing data is available for this year.$1.06$0.06$1.00$2.28$1.56$0.72
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.10$0.28$1.95$1.95$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.36$0.08$1.95$1.47$0.48
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.84$0.40$0.42$0.71$0.29