Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
990 • Fiscal year 2022 • EIN 20-4696543
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
36th percentile
Higher net margin than 36% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
40th percentile
Faster asset growth than 40% of similar nonprofits.
Revenue Growth
79th percentile
Faster revenue growth than 79% of similar nonprofits.
Assets
Down$214,465
Down $7,450 (-3.4%) from 2021
Net Assets
Down$211,625
Down $8,170 (-3.7%) from 2021
Liabilities
Up$2,840
Up $720 (+34%) from 2021
Revenue
Up$389,138
Up $164,590 (+73%) from 2021
Expenses
Up$397,308
Up $99,280 (+33%) from 2021
Net Income
Up-$8,170
Up $65,310 (+89%) from 2021
To promote the development of a sustainable west michigan economy through business and consumer education.
To provide business education to local businesses
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $219,795 | $211,625 | ▼ $8,170 |
| Land, Buildings, and Equipment, Net | $26,422 | $40,287 | ▲ $13,865 |
| Cash and Non-Interest-Bearing Accounts | $58,155 | $20,831 | ▼ $37,324 |
| Accounts Receivable | $5,500 | $2,000 | ▼ $3,500 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $221,915 | $214,465 | ▼ $7,450 |
| Other Assets Total | $131,838 | $151,347 | ▲ $19,509 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,120 | $2,840 | ▲ $720 |
| Total Liabilities | $2,120 | $2,840 | ▲ $720 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $219,795 | $211,625 | ▼ $8,170 |
| Total Liabilities and Net Assets / Fund Balance | $221,915 | $214,465 | ▼ $7,450 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $40,287 | $41,549 | - |
| Other Assets Org | $151,347 | - | - |
| Name | Title |
|---|---|
| Doris Drain | Board Chair |
| Gary Glass | Board Member |
| Kyama Kitavi | Board Member |
| Milinda Ysasi | Board Member |
| Cj Schneider | Secretary |
| Jason Wheeler | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $397,308 |
| Total Fundraising Expense | $77,320 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | $152,024 | $63,434 | $63,434 | $278,892 |
| Fees for Services Other | $14,171 | $10,001 | - | $24,172 |
| Depreciation Depletion | - | $17,634 | - | $17,634 |
| Fees for Services Accounting | - | $12,449 | - | $12,449 |
| Occupancy | - | $2,831 | $2,831 | $5,662 |
| Other Expenses | $4,000 | $1,590 | $10,789 | $4,000 |
| Insurance | - | $2,169 | - | $2,169 |
| All Other Expenses | $889 | $49 | $266 | $1,204 |
| Travel | $683 | - | - | $683 |
| Total Functional Expenses | $209,831 | $110,157 | $77,320 | $397,308 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $12,998 |
| Fundraising Gross Income | $0 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Pfe Events | $20,500 | - | $12,998 | - |
| Total Events | $21,500 | - | $12,998 | $-12,998 |
“The form is prepared by our accountant and reviewed by our treasurer and president.”
“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.”
“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.”
“The 990 is available upon written request to the business office”
“The conflict of interest policy and financial statements are made available upon written request to the business office.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 2120 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 2840 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 5500 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 2000 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROVIDE BUSINESS EDUCATION TO LOCAL BUSINESSES |
| IRS990/AllOtherContributionsAmt | 0 | 368095 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 266 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 49 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 889 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1204 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HANNA SCHULZE |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6168083788 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 111 SOUTH DIVISION AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | GRAND RAPIDS |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 49503 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt | 0 | 0 |
| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 58155 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 20831 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContriRptFundraisingEventAmt | 0 | 21500 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 389595 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 397308 |
| IRS990/CYOtherRevenueAmt | 0 | -12998 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 12541 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -8170 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 397308 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 77320 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 389138 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 17634 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 17634 |
| IRS990/Desc | 0 | LOCAL FIRST EDUCATION FOUNDATION WORKS WITH LOCAL BUSINESS TO HELP EDUCATE AND IMPLEMENT SUSTAINABLE BUSINESS PRACTICES AND HOW THESE PRACTICE BUILD THE COMPONENTS OF A MORE SUSTAINABLE ECONOMY. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 3016 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 12449 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 12449 |
| IRS990/FeesForServicesManagementGrp/FundraisingAmt | 0 | 63434 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 63434 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 152024 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 278892 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 10001 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 14171 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 24172 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DORIS DRAIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | CJ SCHNEIDER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | GARY GLASS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JASON WHEELER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | KYAMA KITAVI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | MILINDA YSASI |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD MEMBER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 1 |
| IRS990/FundraisingAmt | 0 | 21500 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 12998 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 6 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 402136 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 6 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2169 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2169 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 41549 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 26422 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 40287 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 81836 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | WE LEAD THE DEVELOPMENT OF AN ECONOMY GROUNDED IN LOCAL OWNERSHIP THAT MEETS THE BASIC NEEDS OF PEOPLE, BUILDS LOCAL WEALTH AND SOCIAL CAPITAL, FUNCTIONS IN HARMONY WITH OUR ECOSYSTEM, AND ENCOURAGES JOYFUL COMMUNITY. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 219795 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 211625 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -12998 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -12998 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 2831 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2831 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5662 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 131838 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 151347 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | MARKETING & DESIGN |
| IRS990/OtherExpensesGrp/Desc | 1 | EDUCATIONAL PROGRAMS |
| IRS990/OtherExpensesGrp/Desc | 2 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 3 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 10789 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1590 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 26184 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 8700 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 3180 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 4000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 26184 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 19489 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 4770 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4000 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | HANNA SCHULZE |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 561499 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | SUSTAINABLE BIZ EDUCAT |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12541 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 12541 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | LOCAL FIRST EDUCATION FOUNDATION CONDUCTS COMMUNITY EDUCATION EVENTS, INCLUDING OUR GOOD FOR MICHIGAN PROGRAM, TO EDUCATE BUSINESS ON HOW TO IMPROVE THEIR, SOCIAL, ENVIRONMENTAL AND EMPLOYEE IMPACT, AND WE FACILITATE CONVERSATIONS ABOUT LOCAL OWNERSHIP AND LOCAL INVESTMENT BUILDS A MORE RESILIENT ECONOMY |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 206815 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 12541 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 185180 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 298028 |
| IRS990/PYOtherRevenueAmt | 0 | 1518 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 37850 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -73480 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 298028 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 224548 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -8170 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt | 0 | 219795 |
| IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt | 0 | 211625 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 391381 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 186892 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 374923 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 396860 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 206275 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1556331 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 10 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 10 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 10750 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 37850 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 46722 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 132910 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 46865 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 275097 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 10 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 10 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1831428 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 402131 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 224742 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 421645 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 529770 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 253140 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1831428 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 402131 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 224742 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 421645 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 529770 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 253150 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 1831438 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 40287 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 41549 |
| IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt | 0 | 81836 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 151347 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | RECEIVABLE FROM LOCAL FIRST OF WEST MICHIGAN |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 40287 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 151347 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 21500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 20500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt | 0 | 1000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 12998 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | PFE EVENTS |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 20500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt | 0 | 1000 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 21500 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -12998 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 12998 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 12998 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt | 0 | 1 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FORM IS PREPARED BY OUR ACCOUNTANT AND REVIEWED BY OUR TREASURER AND PRESIDENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE 990 IS AVAILABLE UPON WRITTEN REQUEST TO THE BUSINESS OFFICE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE BUSINESS OFFICE. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 18 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | MI |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 221915 |
| IRS990/TotalAssetsEOYAmt | 0 | 214465 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 221915 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 214465 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 389595 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 77320 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 110157 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 209831 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 397308 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 2120 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 2840 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 2120 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 2840 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 219795 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 211625 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 209831 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 12541 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -12998 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12541 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 389138 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 10 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 214465 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 683 |
| IRS990/TravelGrp/TotalAmt | 0 | 683 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 111 SOUTH DIVISION AVE |
| IRS990/USAddress/CityNm | 0 | GRAND RAPIDS |
| IRS990/USAddress/StateAbbreviationCd | 0 | MI |
| IRS990/USAddress/ZIPCd | 0 | 49503 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 6 |
| IRS990/VotingMembersIndependentCnt | 0 | 6 |
| IRS990/WebsiteAddressTxt | 0 | WWW.LOCALFIRST.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 0 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HANNA SCHULZE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6168083788 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-05-10 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LOCAL FIRST EDUCATIONAL FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LOCA |
| ReturnHeader/Filer/EIN | 0 | 204696543 |
| ReturnHeader/Filer/PhoneNum | 0 | 6168083788 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 111 SOUTH DIVISION AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GRAND RAPIDS |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 49503 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 382445537 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | VANDER PLOEG BERGAKKER & ASSOCIATES |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 4145 EMBASSY DRIVE SE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GRAND RAPIDS |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 49546 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6169570691 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2023-05-03 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | STEVE JOHNSON |
| ReturnHeader/ReturnTs | 0 | 2023-05-12T11:37:39-05:00 |
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Displayed year
2022 • Form 990Detailed filing. Detailed filing data is available for this year.