Laude Educ 5

990EZ • Fiscal year 2017 • EIN 23-7243478

Jan 01, 2017 to Dec 31, 2017 • Filed on May 07, 2018

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-34%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

$1,317

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 40.8% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-1.9%

Faster asset growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

-43%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets56th percentile

Assets

Down

$58,290

Down $1,103 (-1.9%) from 2016

Net Assets

Down

$58,290

Down $1,103 (-1.9%) from 2016

Liabilities

Flat

Flat from 2016

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin11th percentile

Revenue

Down

$3,228

Down $2,485 (-43%) from 2016

Expenses

Down

$4,334

Down $1,153 (-21%) from 2016

Net Income

Down

-$1,106

Down $1,332 (-589%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

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

Highlighted filing

2017

Assets$58,290

Liabilities$0

Net Assets$58,290

Open 2017 Filing

Operations Trend

Revenue Growth11th percentile

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

Highlighted filing

2017

Revenue$3,228

Expenses$4,334

Net Income-$1,106

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: May 7, 2018
Return Version: 2017v2.2
Gross Receipts: $36,741

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	$2,000	$2,000

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
-	Trustee	-	$1,317	-	$1,317

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: 2018-05-07

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Bank Service Fees 1317 Tax Preparation Fee 1000 Foreign Taxes on Qualified Foreign 10 Foreign Taxes Paid - NQDI 7”

Form 990-EZ, Part I, Line 20

“BALANCING 3”

Raw XML Appendix133 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/BooksInCareOfDetail/USAddress/CityNm	0	Cincinnati
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	45263
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	59393
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	33513
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IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	2042
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	2000
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IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	1186
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	59393
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	58290
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	59393
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	58290
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt	0	FIFTH THIRD BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	1317
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	TRUSTEE
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	3
IRS990EZ/OtherExpensesTotalAmt	0	2334
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	SCHOLARSHIPS ARE PAID IN ORDER TO HELP DEFRAY THE COST OF COLLEGE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	EDUCATIONAL SCHOLARSHIPS WERE AWARDED TO INDIVIDUALS, HELPING TO DEFRAY THE COST OF COLLEGE EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	2000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	2000
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SaleOfAssetsGrossAmt	0	35555
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MI
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	4334
IRS990EZ/TotalProgramServiceExpensesAmt	0	2000
IRS990EZ/TotalRevenueAmt	0	3228
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt	0	0
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt	0	0
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt	0	0
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt	0	0
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt	0	0
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt	0	0
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd	0	true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd	0	false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd	0	false
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd	0	true
IRS990ScheduleA/OtherSupportSumAmt	0	0
IRS990ScheduleA/SupportedOrganizationsCnt	0	1
IRS990ScheduleA/SupportedOrganizationsTotalCnt	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/EIN	0	386004779
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd	0	true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd	0	1
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt	0	0
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt	0	2000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	COMMUNITY CHURCH
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType2Ind	0	X
IRS990ScheduleA/SupportSumAmt	0	2000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Bank Service Fees 1317 Tax Preparation Fee 1000 Foreign Taxes on Qualified Foreign 10 Foreign Taxes Paid - NQDI 7
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	BALANCING 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MATTHEW CAROTHERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8007954115
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LAUDE EDUC 5
ReturnHeader/Filer/BusinessNameControlTxt	0	LAUD
ReturnHeader/Filer/EIN	0	237243478
ReturnHeader/Filer/PhoneNum	0	8007954115
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 3636
ReturnHeader/Filer/USAddress/CityNm	0	GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MI
ReturnHeader/Filer/USAddress/ZIPCd	0	495013636
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	5BA54C1D5681927D7CFD7046357923A490BED839
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	5BA54C1D5681927D7CFD7046357923A490BED839
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	216.131.56.34
ReturnHeader/ReturnTs	0	2018-05-07T15:00:29-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $58,290
Liabilities: $0
Net assets: $58,290
Revenue: $3,228
Expenses: $4,334
Net income: -$1,106

	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