Civic Intelligence

John J & Mildred M Michalski Charitable Trust

990 • Fiscal year 2018 • EIN 27-6737091

Jan 01, 2018 to Dec 31, 2018 • Filed on Apr 16, 2019

213 School Street Room 201Gardner, MA 01440

(978) 632-0011

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

80th percentile

23%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

51st percentile

$4,232

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

49th percentile

1.2%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

9.8%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$904,276

Up $10,465 (+1.2%) from 2017

Net Assets

Up

$904,276

Up $10,465 (+1.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$44,566

Up $3,986 (+9.8%) from 2017

Expenses

Up

$34,101

Up $3,566 (+12%) from 2017

Net Income

Up

$10,465

Up $420 (+4.2%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $859,801Liabilities 2011: $0Net Assets 2011: $859,8012011Assets 2012: $880,762Liabilities 2012: $0Net Assets 2012: $880,7622012Assets 2013: $884,396Liabilities 2013: $0Net Assets 2013: $884,3962013Assets 2014: $875,764Liabilities 2014: $0Net Assets 2014: $875,7642014Assets 2015: $882,894Liabilities 2015: $0Net Assets 2015: $882,8942015Assets 2016: $883,766Liabilities 2016: $0Net Assets 2016: $883,7662016Assets 2017: $893,811Liabilities 2017: $0Net Assets 2017: $893,8112017Assets 2018: $904,276Liabilities 2018: $0Net Assets 2018: $904,2762018Assets 2019: $914,946Liabilities 2019: $0Net Assets 2019: $914,9462019Assets 2020: $904,687Liabilities 2020: $0Net Assets 2020: $904,6872020Assets 2021: $1,343,513Liabilities 2021: $0Net Assets 2021: $1,343,5132021Assets 2022: $968,320Liabilities 2022: $0Net Assets 2022: $968,3202022Assets 2023: $960,918Liabilities 2023: $0Net Assets 2023: $960,9182023Assets 2024: $965,789Liabilities 2024: $0Net Assets 2024: $965,7892024

Highlighted filing

2018

Assets$904,276
Liabilities$0
Net Assets$904,276

Operations Trend

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

$100K$50K$0-$50KExpenses 2011: $9,4582011Expenses 2012: $15,4622012Revenue 2013: $24,454Expenses 2013: $20,820Net Income 2013: $3,6342013Revenue 2014: $30,221Expenses 2014: $38,853Net Income 2014: -$8,6322014Revenue 2015: $30,003Expenses 2015: $22,873Net Income 2015: $7,1302015Revenue 2016: $26,974Expenses 2016: $26,102Net Income 2016: $8722016Revenue 2017: $40,580Expenses 2017: $30,535Net Income 2017: $10,0452017Revenue 2018: $44,566Expenses 2018: $34,101Net Income 2018: $10,4652018Revenue 2019: $43,010Expenses 2019: $32,340Net Income 2019: $10,6702019Revenue 2020: $30,799Expenses 2020: $41,058Net Income 2020: -$10,2592020Revenue 2021: $52,429Expenses 2021: $29,237Net Income 2021: $23,1922021Revenue 2022: $74,531Expenses 2022: $34,086Net Income 2022: $40,4452022Revenue 2023: $31,059Expenses 2023: $38,461Net Income 2023: -$7,4022023Revenue 2024: $51,482Expenses 2024: $46,613Net Income 2024: $4,8692024

Highlighted filing

2018

Revenue$44,566
Expenses$34,101
Net Income$10,465
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Apr 16, 2019
Return Version
2018v3.1
Gross Receipts
$70,385
Mission and Program Overview

Mission

To provide scholarships for the post-secondary education of boys and girls who are graduates of Gardner High School, whether they be residents of the City of Gardner, Massachusetts or or any other town served by Gardner High School.

The organization supports the functions of Gardner High School in Gardner, Massachusetts, by providing scholarships for the post-secondary education of boys and girls who are graduates of Gardner High School, whether they be residents of the City of Gardner, Massachusetts or or any other town.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$800,000$800,000→ $0
Investments in Publicly Traded Securities$778,373$793,509▲ $15,136
Savings and Temporary Cash Investments$115,438$110,767▼ $4,671
Pd in Cap Srpls Land Bldg Eqp Fund$93,811$104,276▲ $10,465
Total Assets$893,811$904,276▲ $10,465
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$893,811$904,276▲ $10,465
Total Liabilities and Net Assets / Fund Balance$893,811$904,276▲ $10,465
Compensation and Service Providers

Employees

NameTitleOtherTotal
Henri L Sans JrTrustee$4,232$4,232
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$44,566
Other Revenue
$0
Change in Net Assets
$10,465
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$29,700
Salaries, Compensation, and Employee Benefits$3,257
Other Expenses$1,144
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$29,700--$29,700
Current Officers, Directors, Trustees, and Key Employees$3,257--$3,257
Fees for Services Legal$975--$975
Other Expenses$134--$134
Total Functional Expenses$34,101$0$0$34,101
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

The Form 990 is prepared by the Trustee and reviewed by the Trustee prior to signing and filing.

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

The organization inquires about conflicts of interest and reviews scholarship applications for conflicts of interest before making scholarship awards.

Form 990, Part VI, Section C, Line 19

The organization has provided a copy of its governing document and conflict of interest policy to Gardner High School in Gardner, Massachusetts.

Form 990, Part VI, Section B, Line 15B

The Trustee receives comparable compensation and prevailing practices before determining compensation by the Trustee.

Filing and Contact Details

Filer

Filer Name
John J & Mildred M Michalski Charitable Trust
EIN
27-6737091
Phone
9786320011
Address
213 School Street Room 201, Gardner, MA 01440

Signing Officer

Name
Henri L Sans Jr
Title
Trustee
Signed
2019-04-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Henri L Sans Jr
Formed
2010
Legal Domicile
Ma
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
LeBlanc & Sans Attys
Address
213 School Street Suite 201, Gardner, MA 01440
Preparer
Henri L Sans Jr
Phone
9786320011
Raw XML Appendix322 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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IRS990/FormationYr02010
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt029700
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is prepared by the Trustee and reviewed by the Trustee prior to signing and filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization inquires about conflicts of interest and reviews scholarship applications for conflicts of interest before making scholarship awards.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization has provided a copy of its governing document and conflict of interest policy to Gardner High School in Gardner, Massachusetts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Trustee receives comparable compensation and prevailing practices before determining compensation by the Trustee.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15b
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ReturnHeader/BuildTS02020-01-14 16:20:31Z
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ReturnHeader/Filer/USAddress/ZIPCd001440
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId025AF74F5B2166159F0685455BDD18B0B6D06039A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId025AF74F5B2166159F0685455BDD18B0B6D06039A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.216.200.249
ReturnHeader/FilingSecurityInformation/IPDt02019-04-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:05:57
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LeBlanc & Sans Attys
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0213 School Street Suite 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Gardner
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001440
ReturnHeader/PreparerPersonGrp/PhoneNum09786320011
ReturnHeader/PreparerPersonGrp/PreparationDt02019-04-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Henri L Sans Jr
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-04-16T07:41:59-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.05$0.05$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.03$0.04$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.07$0.03$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.05$0.03$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.03$0.04$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.04$0.03$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.04$0.03$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.04$0.03$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.03$0.03$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.03$0.02$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.03$0.04$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.02$0.02$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.00$0.86$0.01