Laude Educ 5

990EZ • Fiscal year 2018 • EIN 23-7243478

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 22, 2019

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

-20%

Higher net margin than 16% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

-1.3%

Faster asset growth than 43% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

21%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets57th percentile

Assets

Down

$57,513

Down $777 (-1.3%) from 2017

Net Assets

Down

$57,513

Down $777 (-1.3%) from 2017

Liabilities

Flat

Flat from 2017

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin16th percentile

Revenue

$3,909

Up $681 (+21%) from 2017

Expenses

$4,685

Up $351 (+8.1%) from 2017

Net Income

-$776

Up $330 (+30%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

Highlighted filing

2018

Assets$57,513

Liabilities$0

Net Assets$57,513

Open 2018 Filing

Operations Trend

Revenue Growth73rd percentile

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

Highlighted filing

2018

Revenue$3,909

Expenses$4,685

Net Income-$776

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: Apr 22, 2019
Return Version: 2018v3.0
Gross Receipts: $33,170

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	$2,600	$2,600

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
-	Trustee	-	$0	-	-

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: 2019-04-22

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Bank Service Fees 754 Tax Preparation Fee 1000 Foreign Taxes on Qualified Foreign 21 Foreign Taxes Paid - NQDI 12 Bank Service Fees 298”

Form 990-EZ, Part I, Line 20

“BALANCING 1”

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	58290
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	29261
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	2600
IRS990EZ/GrossReceiptsAmt	0	33170
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	1281
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	58290
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	57513
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	58290
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	57513
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt	0	FIFTH THIRD BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
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	-1
IRS990EZ/OtherExpensesTotalAmt	0	2085
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	2600
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	2600
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SaleOfAssetsGrossAmt	0	31889
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	4685
IRS990EZ/TotalProgramServiceExpensesAmt	0	2600
IRS990EZ/TotalRevenueAmt	0	3909
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	2600
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt	0	COMMUNITY CHURCH
IRS990ScheduleA/SupportingOrganization509a3Ind	0	X
IRS990ScheduleA/SupportingOrgType2Ind	0	X
IRS990ScheduleA/SupportSumAmt	0	2600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Bank Service Fees 754 Tax Preparation Fee 1000 Foreign Taxes on Qualified Foreign 21 Foreign Taxes Paid - NQDI 12 Bank Service Fees 298
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	BALANCING 1
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	2019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm	0	MATTHEW CAROTHERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8007954115
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-04-22
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	5E336403AF2B67F825CE75EC834F7ECA7DCEAFBC
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	5E336403AF2B67F825CE75EC834F7ECA7DCEAFBC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	216.131.56.35
ReturnHeader/ReturnTs	0	2019-04-22T09:00:14-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $57,513
Liabilities: $0
Net assets: $57,513
Revenue: $3,909
Expenses: $4,685
Net income: -$776

	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