Laude Educ 5

990EZ • Fiscal year 2016 • EIN 23-7243478

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

Organization Profile

PO Box 3636Grand Rapids, MI 49501-3636

(800) 795-4115

Siviq Scores

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

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

4.0%

Higher net margin than 52% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

$1,318

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 23.1% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

0.4%

Faster asset growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

57%

Faster revenue growth than 87% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet

Liabilities / Assets56th percentile

Assets

$59,393

Up $228 (+0.4%) from 2015

Net Assets

$59,393

Up $228 (+0.4%) from 2015

Liabilities

Flat

Flat from 2015

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin52nd percentile

Revenue

$5,713

Up $2,068 (+57%) from 2015

Expenses

Down

$5,487

Down $258 (-4.5%) from 2015

Net Income

$226

Up $2,326 (+111%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

Highlighted filing

2016

Assets$59,393

Liabilities$0

Net Assets$59,393

Open 2016 Filing

Operations Trend

Revenue Growth87th percentile

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

Highlighted filing

2016

Revenue$5,713

Expenses$5,487

Net Income$226

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: May 4, 2017
Return Version: 2016v3.0
Gross Receipts: $85,033

Mission and Program Overview

Mission

Scholarships are paid in order to help defray the cost of college

Program Services

Description	Grants	Expenses
EDUCATIONAL SCHOLARSHIPS WERE AWARDED TO INDIVIDUALS, HELPING TO DEFRAY THE COST OF COLLEGE EDUCATION	$3,150	$3,150

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
-	Trustee	-	$1,318	-	$1,318

Filing and Contact Details

Filer

Filer Name: Laude Educ 5
EIN: 23-7243478
Phone: 8007954115
Address: PO BOX 3636, GRAND RAPIDS, MI 49501-3636

Signing Officer

Name: Matthew Carothers
Title: Trustee
Phone: 8007954115
Signed: 2017-05-04

Raw XML Appendix129 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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IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MI
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IRS990ScheduleA/MajorityDirTrstSupportedOrgInd	0	true
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ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-05-04
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ReturnHeader/ReturnTs	0	2017-05-04T17:00:15-05:00
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ReturnHeader/TaxPeriodBeginDt	0	2016-01-01
ReturnHeader/TaxPeriodEndDt	0	2016-12-31
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $59,393
Liabilities: $0
Net assets: $59,393
Revenue: $5,713
Expenses: $5,487
Net income: $226

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$54.4	$0.00	$54.4	$6.64	$5.74	$0.90
2023Detailed filing. Detailed filing data is available for this year.	$53.5	$0.00	$53.5	$3.29	$5.88	$2.59
2022Detailed filing. Detailed filing data is available for this year.	$56.1	$0.00	$56.1	$2.27	$6.41	$4.14
2021Detailed filing. Detailed filing data is available for this year.	$60.2	$0.00	$60.2	$6.39	$4.97	$1.42
2020Detailed filing. Detailed filing data is available for this year.	$58.8	$0.00	$58.8	$2.63	$4.22	$1.58
2019Detailed filing. Detailed filing data is available for this year.	$60.4	$0.00	$60.4	$7.94	$5.08	$2.87
2018Detailed filing. Detailed filing data is available for this year.	$57.5	$0.00	$57.5	$3.91	$4.69	$0.78
2017Detailed filing. Detailed filing data is available for this year.	$58.3	$0.00	$58.3	$3.23	$4.33	$1.11
2016Detailed filing. Detailed filing data is available for this year.	$59.4	$0.00	$59.4	$5.71	$5.49	$0.23
2015Detailed filing. Detailed filing data is available for this year.	$59.2	$0.00	$59.2	$3.65	$5.75	$2.10