Civic Intelligence

Grosse Ile Historical Society

EIN 23-7094441 • 501(c)3 • Grosse Ile, MI

Profile

Collect, preserve & interpret historical information regarding grosse ile township

PO Box 131Grosse Ile, MI 48138

www.gihistory.org

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

23rd percentile

-4.9%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,442,940

Up $32,875 (+2.3%) from 2022

Liabilities

Up

$7,770

Up $1,741 (+29%) from 2022

Net Assets

Up

$1,435,170

Up $31,134 (+2.2%) from 2022

Revenue

Up

$51,639

Up $2,034 (+4.1%) from 2022

Expenses

Up

$74,048

Up $32,965 (+80%) from 2022

Net Income

Down

-$22,409

Down $30,931 (-363%) from 2022

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,265,188Liabilities 2011: $0Net Assets 2011: $1,265,1882011Assets 2013: $1,305,851Liabilities 2013: $0Net Assets 2013: $1,305,8512013Assets 2014: $1,313,786Liabilities 2014: $0Net Assets 2014: $1,313,7862014Assets 2015: $1,326,787Liabilities 2015: $0Net Assets 2015: $1,326,7872015Assets 2016: $1,315,848Liabilities 2016: $0Net Assets 2016: $1,315,8482016Assets 2017: $1,327,005Liabilities 2017: $0Net Assets 2017: $1,327,0052017Assets 2018: $1,333,187Liabilities 2018: $1,949Net Assets 2018: $1,331,2382018Assets 2020: $1,394,460Liabilities 2020: $1,473Net Assets 2020: $1,392,9872020Assets 2021: $1,483,104Liabilities 2021: $4,397Net Assets 2021: $1,478,7072021Assets 2022: $1,410,065Liabilities 2022: $6,029Net Assets 2022: $1,404,0362022Assets 2023: $1,442,940Liabilities 2023: $7,770Net Assets 2023: $1,435,1702023

Highlighted filing

2023

Assets$1,442,940
Liabilities$7,770
Net Assets$1,435,170

Operations Trend

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

$100K$50K$0-$50KExpenses 2011: $61,8842011Expenses 2013: $20,5242013Revenue 2014: $28,309Expenses 2014: $29,740Net Income 2014: -$1,4312014Revenue 2015: $34,246Expenses 2015: $24,769Net Income 2015: $9,4772015Revenue 2016: $20,172Expenses 2016: $19,029Net Income 2016: $1,1432016Revenue 2017: $19,112Expenses 2017: $18,174Net Income 2017: $9382017Revenue 2018: $38,986Expenses 2018: $27,434Net Income 2018: $11,5522018Revenue 2020: $27,335Expenses 2020: $31,206Net Income 2020: -$3,8712020Revenue 2021: $76,909Expenses 2021: $43,004Net Income 2021: $33,9052021Revenue 2022: $49,605Expenses 2022: $41,083Net Income 2022: $8,5222022Revenue 2023: $51,639Expenses 2023: $74,048Net Income 2023: -$22,4092023

Highlighted filing

2023

Revenue$51,639
Expenses$74,048
Net Income-$22,409

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.0
Gross Receipts
$89,162
Mission and Program Overview

Mission

Collect, preserve & interpret historical information regarding grosse ile township

Collect, preserve & interpret historical information regarding grosse ile township.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,116,814$1,116,292▼ $522
Pd in Cap Srpls Land Bldg Eqp Fund$1,100,000$1,100,000→ $0
Rtn Earn Endowment Incm Other Fnds$281,873$313,007▲ $31,134
Investments in Publicly Traded Securities$128,536$188,548▲ $60,012
Savings and Temporary Cash Investments$25,607$22,702▼ $2,905
Cap Stk Tr Prin Current Funds$22,163$22,163→ $0
Cash and Non-Interest-Bearing Accounts$54,964$10,973▼ $43,991
Inventories for Sale or Use$1,100$1,100→ $0
Total Assets$1,410,065$1,442,940▲ $32,875
Other Assets Total$83,044$103,325▲ $20,281
Liabilities
Other Liabilities$6,029$7,770▲ $1,741
Total Liabilities$6,029$7,770▲ $1,741
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,404,036$1,435,170▲ $31,134
Total Liabilities and Net Assets / Fund Balance$1,410,065$1,442,940▲ $32,875

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$16,292$11,000$27,292
Buildings$990,000--
Land$110,000--
Other Assets Org$750--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$80,575$2,371▲ $18,724$2,765$98,904
2022$94,582$3,949▼ $17,140$816$80,575
2021$73,241$12,270▲ $12,687$3,616$94,582
2020$56,936$13,581▲ $6,746$4,022$73,241
2019$83,741$24,985▲ $10,420$62,210$56,936
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karin CozziPresident
Cheri NelsonTrustee
Gary KaduTrustee
Greg KaramazinTrustee
Jane BarnesTrustee
Jon RumleyTrustee
Laura RumleyTrustee
Sandy BondarTrustee
Sue ZinkTrustee
Vanessa GratzTrustee
Jo-anne GronlundSecretary
Jeanne KrukowskiTreasurer
Anthony KrukowskiVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$19,463
Program Service Revenue
$0
Investment Income
$3,057
Other Revenue
$29,119
All Other Contributions
$15,810
Change in Net Assets
$-22,409
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$74,048
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$13,770$1,344-$15,114
Occupancy$7,782--$7,782
Other Expenses$6,531--$6,531
Insurance$5,550$570-$6,120
Fees for Services Accounting-$2,220-$2,220
Fees for Service Investment Mgmnt Fees-$1,989-$1,989
Information Technology$1,915--$1,915
Office Expenses$1,856--$1,856
Depreciation Depletion$521--$521
Total Functional Expenses$67,925$6,123$0$74,048
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$6,020
Rental Security Deposit$1,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11B

Form 990 is reviewed at an executive board meeting.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to public upon request.

Filing and Contact Details

Filer

Filer Name
Grosse Ile Historical Society
EIN
23-7094441
Phone
7346751250
Address
PO BOX 131, GROSSE ILE, MI 48138

Signing Officer

Name
Anthony Krukowski
Title
Vice President
Phone
7346751250
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Krukowski
Formed
1959
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Dale & Associates Pllc
Address
2907 WEST RD, TRENTON, MI 48183
Preparer
Gordon Dale CPA
Phone
7346764700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Grounds 4,405 0 0 custom house/archive/muse 3,728 0 0 office expenses 497 1,344 0 displays 1,762 0 0 subscriptions, reference, 1,667 0 0 security 1,290 0 0 credit card fees non bout 284 0 0 other expenses 125 0 0 member's expense 12 0 0 total 13,770 1,344 0

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The grosse ile historical society foundation and the lighthouse endowment fund were created to assist in the maintenance of the lighthouse and other properties owned by the grosse ile historical society.

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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0313007
IRS990/SavingsAndTempCashInvstGrp/BOYAmt025607
IRS990/SavingsAndTempCashInvstGrp/EOYAmt022702
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019463
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt023039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt035032
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026461
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt029543
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0133538
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02934
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019546
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01613
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01559
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028709
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt066642
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt054560
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt049748
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt015258
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt049026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0235234
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03057
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019546
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01613
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01559
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028709
IRS990ScheduleA/InvestmentIncomeCYPct00.07000
IRS990ScheduleA/InvestmentIncomePYPct00.08000
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IRS990ScheduleA/PublicSupportCY509Pct00.92780
IRS990ScheduleA/PublicSupportPY509Pct00.92390
IRS990ScheduleA/PublicSupportTotal509Amt0368772
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt086105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt077599
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt084780
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt041719
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt078569
IRS990ScheduleA/Total509Grp/TotalAmt0368772
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt089162
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt080533
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0104326
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt043332
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt080128
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0397481
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0990000
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0990000
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt080575
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt02371
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt018724
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt02765
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt03949
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt080575
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-17140
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0816
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt073241
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt012270
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012687
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt03616
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt056936
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IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0110000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0110000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0101066
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11509
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2750
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0COMMUNITY FOUNDATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1POSTAGE ACCT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2GI TOWNSHIP ESCROW ACCT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016292
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11750
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RENTAL SECURITY DEPOSIT
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE GROSSE ILE HISTORICAL SOCIETY FOUNDATION AND THE LIGHTHOUSE ENDOWMENT FUND WERE CREATED TO ASSIST IN THE MAINTENANCE OF THE LIGHTHOUSE AND OTHER PROPERTIES OWNED BY THE GROSSE ILE HISTORICAL SOCIETY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01116292
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0103325
IRS990ScheduleD/TotalLiabilityAmt07770
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED AT AN EXECUTIVE BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GROUNDS 4,405 0 0 CUSTOM HOUSE/ARCHIVE/MUSE 3,728 0 0 OFFICE EXPENSES 497 1,344 0 DISPLAYS 1,762 0 0 SUBSCRIPTIONS, REFERENCE, 1,667 0 0 SECURITY 1,290 0 0 CREDIT CARD FEES NON BOUT 284 0 0 OTHER EXPENSES 125 0 0 MEMBER'S EXPENSE 12 0 0 TOTAL 13,770 1,344 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 24E
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01442940
IRS990/TotalAssetsGrp/BOYAmt01410065
IRS990/TotalAssetsGrp/EOYAmt01442940
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt019463
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06123
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067925
IRS990/TotalFunctionalExpensesGrp/TotalAmt074048
IRS990/TotalGrossUBIAmt00

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