Civic Intelligence

Automation Alley Fund

990 • Fiscal year 2016 • EIN 26-3103776

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 27, 2017

2675 Bellingham DriveTroy, MI 48083

(248) 457-3200

Siviq Scores

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

Liabilities / Assets

90th percentile

0.56x

Higher debt load relative to assets than 90% of similar nonprofits.

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

Liabilities / Revenue

89th percentile

0.26x

Higher debt load relative to revenue than 89% of similar nonprofits.

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

Net Margin

32nd percentile

-4.1%

Higher net margin than 32% of similar nonprofits.

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

Top Officer Pay

99th percentile

$176,862

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 193.7% of source-year revenue.

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

Asset Growth

5th percentile

-68%

Faster asset growth than 5% of similar nonprofits.

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

Revenue Growth

6th percentile

-67%

Faster revenue growth than 6% of similar nonprofits.

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

Assets

Down

$42,495

Down $88,636 (-68%) from 2015

Net Assets

Down

$18,550

Down $3,749 (-17%) from 2015

Liabilities

Down

$23,945

Down $84,887 (-78%) from 2015

Revenue

Down

$91,309

Down $182,666 (-67%) from 2015

Expenses

Down

$95,058

Down $190,336 (-67%) from 2015

Net Income

Up

-$3,749

Up $7,670 (+67%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $537,208Liabilities 2010: $13,500Net Assets 2010: $523,7082010Assets 2011: $99,150Liabilities 2011: $71,527Net Assets 2011: $27,6232011Assets 2012: $767,088Liabilities 2012: $670,248Net Assets 2012: $96,8402012Assets 2013: $282,959Liabilities 2013: $265,033Net Assets 2013: $17,9262013Assets 2014: $408,842Liabilities 2014: $375,124Net Assets 2014: $33,7182014Assets 2015: $131,131Liabilities 2015: $108,832Net Assets 2015: $22,2992015Assets 2016: $42,495Liabilities 2016: $23,945Net Assets 2016: $18,5502016Assets 2017: $39,591Liabilities 2017: $23,195Net Assets 2017: $16,3962017Assets 2018: $55,738Liabilities 2018: $38,855Net Assets 2018: $16,8832018Assets 2019: $64,216Liabilities 2019: $39,877Net Assets 2019: $24,3392019Assets 2020: $103,427Liabilities 2020: $389Net Assets 2020: $103,0382020Assets 2021: $25,817Liabilities 2021: $389Net Assets 2021: $25,4282021Assets 2022: $23,624Liabilities 2022: $389Net Assets 2022: $23,2352022

Highlighted filing

2016

Assets$42,495
Liabilities$23,945
Net Assets$18,550

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $36,9262010Expenses 2011: $901,4322011Expenses 2012: $592,7352012Revenue 2013: $427,723Expenses 2013: $500,294Net Income 2013: -$72,5712013Revenue 2014: $252,581Expenses 2014: $236,789Net Income 2014: $15,7922014Revenue 2015: $273,975Expenses 2015: $285,394Net Income 2015: -$11,4192015Revenue 2016: $91,309Expenses 2016: $95,058Net Income 2016: -$3,7492016Revenue 2017: $2,393Expenses 2017: $4,547Net Income 2017: -$2,1542017Revenue 2018: $62,603Expenses 2018: $62,116Net Income 2018: $4872018Revenue 2019: $70,073Expenses 2019: $62,617Net Income 2019: $7,4562019Revenue 2020: $115,682Expenses 2020: $36,983Net Income 2020: $78,6992020Revenue 2021: $2,794Expenses 2021: $80,404Net Income 2021: -$77,6102021Revenue 2022: $579Expenses 2022: $1,498Net Income 2022: -$9192022

Highlighted filing

2016

Revenue$91,309
Expenses$95,058
Net Income-$3,749
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 27, 2017
Return Version
2016v3.0
Gross Receipts
$91,309
Mission and Program Overview

Mission

The mission of the automation alley fund is to fund innovative programs that support the automation alley mission and match them with benefactors to enable the business community, foundations, and the community at large so that automation alley can guide the broader community of our region to industry 4.0.

To support business diversification and encourage economic and workforce development activities in southeast michigan

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$120,060$31,218▼ $88,842
Total Assets$131,131$42,495▼ $88,636
Other Assets Total$11,071$11,277▲ $206
Liabilities
Deferred Revenue$108,832$23,945▼ $84,887
Total Liabilities$108,832$23,945▼ $84,887
Net Assets / Fund Balance
Permanently Rstr Net Assets$11,071$11,277▲ $206
Unrestricted Net Assets$11,228$7,273▼ $3,955
Total Net Assets Fund Balance$22,299$18,550▼ $3,749
Total Liabilities and Net Assets / Fund Balance$131,131$42,495▼ $88,636

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$11,277--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$11,071-▲ $772-$11,277
2015$12,049-▼ $416-$11,071
2014$11,156-▲ $893-$12,049
2013$11,156---$11,156
2012$10,000-▲ $1,156-$11,156
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Ken RogersDirector$148,578$28,284$176,862
Cynthia Hutchinsonpresident$23,597$3,214$26,811

Board Members and Trustees

NameTitle
MARTIN KINSELLaDirector
Marcelo GanaseviciDirector
Brian McGinnityTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$90,537
Program Service Revenue
$0
Investment Income
$772
Other Revenue
$0
All Other Contributions
$90,537
Change in Net Assets
$-3,749
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$90,537
Other Expenses$4,521
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$90,537--$90,537
Fees for Services Legal-$3,776-$3,776
Insurance-$745-$745
Total Functional Expenses$90,537$4,521$0$95,058
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 2

Cynthia hutchinson and ken rogers - business relationship

Form 990, Part VI, Section A, line 8A

The organization held no meetings during the year

Form 990, Part VI, Section A, line 8B

The organization held no meetings during the year

Form 990, Part VI, Section B, line 11B

The 990 is reviewed by the board prior to filing

Form 990, Part VI, Section B, line 12C

Board members are required to complete an annual conflict of interest questionnaire. Any potential conflicts of interest that arise during the year are discussed at board meetings.

Form 990, Part VI, Section C, line 19

Hard copy is available at the business office upon request.

Filing and Contact Details

Filer

Filer Name
Automation Alley Fund
EIN
26-3103776
Phone
2484573200
Address
2675 BELLINGHAM DRIVE, TROY, MI 48083

Signing Officer

Name
Tom Kelly
Title
President
Phone
2484573200
Signed
2017-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Kelly
Formed
2008
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
UHY Advisors MI Inc
Address
27725 Stansbury Blvd Suite 210, Farmington Hills, MI 48334
Preparer
Michael Santicchia
Phone
2483550280
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

Income generated from the organization's endowment fund is for general operations.

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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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Ken Rogers
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0176862
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CYNTHIA HUTCHINSON AND KEN ROGERS - BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HELD NO MEETINGS DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HELD NO MEETINGS DURING THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS REVIEWED BY THE BOARD PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE. ANY POTENTIAL CONFLICTS OF INTEREST THAT ARISE DURING THE YEAR ARE DISCUSSED AT BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5HARD COPY IS AVAILABLE AT THE BUSINESS OFFICE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0AUTOMATION ALLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0383412779
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BUSINESS AND ECONOMIC DEVELOPMENT IN SE MICHIGAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02675 BELLINGHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TROY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048083
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0131131
IRS990/TotalAssetsEOYAmt042495
IRS990/TotalAssetsGrp/BOYAmt0131131
IRS990/TotalAssetsGrp/EOYAmt042495
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt090537
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04521
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt090537
IRS990/TotalFunctionalExpensesGrp/TotalAmt095058
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0108832
IRS990/TotalLiabilitiesEOYAmt023945
IRS990/TotalLiabilitiesGrp/BOYAmt0108832
IRS990/TotalLiabilitiesGrp/EOYAmt023945
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt022299
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt018550
IRS990/TotalOtherCompensationAmt06498
IRS990/TotalProgramServiceExpensesAmt090537
IRS990/TotalReportableCompFromOrgAmt0197175
IRS990/TotalRevenueGrp/ExclusionAmt0772
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091309
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0131131
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt042495
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt011228
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07273
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02675 BELLINGHAM DRIVE
IRS990/USAddress/CityNm0TROY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048083
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.AUTOMATIONALLEY.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Tom Kelly
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02484573200
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Automation Alley Fund
ReturnHeader/Filer/BusinessNameControlTxt0AUTO
ReturnHeader/Filer/EIN0263103776
ReturnHeader/Filer/PhoneNum02484573200
ReturnHeader/Filer/USAddress/AddressLine1Txt02675 BELLINGHAM DRIVE
ReturnHeader/Filer/USAddress/CityNm0TROY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048083
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08AFE82D48C6B7ACBA475E526A5A7C6451A48865E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C036982C97CCDD37E69B07942C170FF614EBA51A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0209.99.101.4
ReturnHeader/FilingSecurityInformation/IPDt02017-10-27
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:38:18
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381910111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0UHY Advisors MI Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt027725 Stansbury Blvd Suite 210
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Farmington Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048334

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.00$0.23$0.01$0.01$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.00$0.25$0.03$0.80$0.78
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.00$1.03$1.16$0.37$0.79
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.40$0.24$0.70$0.63$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.39$0.17$0.63$0.62$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.23$0.16$0.02$0.05$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.24$0.19$0.91$0.95$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$1.09$0.22$2.74$2.85$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.09$3.75$0.34$2.53$2.37$0.16
2013Detailed filing. Detailed filing data is available for this year.$2.83$2.65$0.18$4.28$5.00$0.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.67$6.70$0.97$5.93
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.72$0.28$9.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.37$0.14$5.24$0.37
Peer Organizations

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