Civic Intelligence

Inforum

990 • Fiscal year 2018 • EIN 30-0101343

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 06, 2019

Organization ProfileWWW.INFORUMMICHIGAN.ORG
400 Renaissance Center No 2155Detroit, MI 48243

(313) 567-0232

Siviq Scores

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

Liabilities / Assets

56th percentile

0.13x

Higher debt load relative to assets than 56% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

63rd percentile

0.19x

Higher debt load relative to revenue than 63% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

64th percentile

8.9%

Higher net margin than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

95th percentile

$326,229

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

92nd percentile

57%

Faster asset growth than 92% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2018

Revenue Growth

87th percentile

47%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2018

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$3,796,718

Up $2,263,563 (+148%) from 2016

Net Assets

Up

$3,321,064

Up $2,052,092 (+162%) from 2016

Liabilities

Up

$475,654

Up $211,471 (+80%) from 2016

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin64th percentile

Revenue

Up

$2,563,769

Up $1,377,686 (+116%) from 2016

Expenses

Up

$2,335,580

Up $1,054,876 (+82%) from 2016

Net Income

Up

$228,189

Up $322,810 (+341%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $691,437Liabilities 2010: $57,102Net Assets 2010: $634,3352010Assets 2011: $731,997Liabilities 2011: $51,197Net Assets 2011: $680,8002011Assets 2012: $911,455Liabilities 2012: $126,611Net Assets 2012: $784,8442012Assets 2013: $1,110,477Liabilities 2013: $178,867Net Assets 2013: $931,6102013Assets 2014: $1,452,719Liabilities 2014: $56,155Net Assets 2014: $1,396,5642014Assets 2015: $1,557,144Liabilities 2015: $157,447Net Assets 2015: $1,399,6972015Assets 2016: $1,533,155Liabilities 2016: $264,183Net Assets 2016: $1,268,9722016Assets 2018: $3,796,718Liabilities 2018: $475,654Net Assets 2018: $3,321,0642018Assets 2019: $3,993,195Liabilities 2019: $431,952Net Assets 2019: $3,561,2432019Assets 2020: $3,828,711Liabilities 2020: $380,789Net Assets 2020: $3,447,9222020Assets 2021: $4,234,684Liabilities 2021: $274,653Net Assets 2021: $3,960,0312021Assets 2022: $3,977,241Liabilities 2022: $419,372Net Assets 2022: $3,557,8692022Assets 2023: $4,286,321Liabilities 2023: $481,104Net Assets 2023: $3,805,2172023Assets 2024: $4,308,809Liabilities 2024: $492,854Net Assets 2024: $3,815,9552024Assets 2025: $4,109,802Liabilities 2025: $538,898Net Assets 2025: $3,570,9042025

Highlighted filing

2018

Assets$3,796,718
Liabilities$475,654
Net Assets$3,321,064
Open 2018 Filing

Operations Trend

Revenue Growth87th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $468,1072010Expenses 2011: $586,1962011Expenses 2012: $872,3832012Expenses 2013: $1,051,9532013Revenue 2014: $1,157,087Expenses 2014: $1,134,247Net Income 2014: $22,8402014Revenue 2015: $1,241,691Expenses 2015: $1,204,091Net Income 2015: $37,6002015Revenue 2016: $1,186,083Expenses 2016: $1,280,704Net Income 2016: -$94,6212016Revenue 2018: $2,563,769Expenses 2018: $2,335,580Net Income 2018: $228,1892018Revenue 2019: $2,674,525Expenses 2019: $2,362,487Net Income 2019: $312,0382019Revenue 2020: $1,758,420Expenses 2020: $1,774,896Net Income 2020: -$16,4762020Revenue 2021: $1,930,788Expenses 2021: $1,623,661Net Income 2021: $307,1272021Revenue 2022: $2,035,446Expenses 2022: $2,133,319Net Income 2022: -$97,8732022Revenue 2023: $2,260,628Expenses 2023: $2,230,815Net Income 2023: $29,8132023Revenue 2024: $2,183,400Expenses 2024: $2,276,764Net Income 2024: -$93,3642024Revenue 2025: $1,763,741Expenses 2025: $2,155,003Net Income 2025: -$391,2622025

Highlighted filing

2018

Revenue$2,563,769
Expenses$2,335,580
Net Income$228,189
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 6, 2019
Return Version
2017v2.3
Gross Receipts
$2,621,002
Mission and Program Overview

Mission

Inforum accelerates careers for women and is a catalyst that removes barriers and increases opportunity.

Inforum focuses on accelerating careers for women, providing original research and facilitating gender equity in business leadership through educational programs, networking, leadership and volunteer opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,248,425$1,332,661▲ $84,236
Savings and Temporary Cash Investments$926,895$927,817▲ $922
Cash and Non-Interest-Bearing Accounts$524,702$863,019▲ $338,317
Pledges and Grants Receivable$552,493$477,030▼ $75,463
Land, Buildings, and Equipment, Net$123,590$70,299▼ $53,291
Prepaid Expenses and Deferred Charges$15,932$37,195▲ $21,263
Accounts Receivable$6,000$27,950▲ $21,950
Total Assets$3,450,574$3,796,718▲ $346,144
Other Assets Total$52,537$60,747▲ $8,210
Liabilities
Accounts Payable and Accrued Expenses$195,199$254,595▲ $59,396
Deferred Revenue$90,300$221,059▲ $130,759
Total Liabilities$285,499$475,654▲ $190,155
Net Assets / Fund Balance
Unrestricted Net Assets$2,578,890$2,795,342▲ $216,452
Temporarily Rstr Net Assets$586,185$525,722▼ $60,463
Total Net Assets Fund Balance$3,165,075$3,321,064▲ $155,989
Total Liabilities and Net Assets / Fund Balance$3,450,574$3,796,718▲ $346,144

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$70,299$225,578$295,877
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Terry BarclayPresident and CEOFT$305,641$20,588$326,229
Carole Leigh HuttonVP, Business Development and MarketingFT$114,267$12,158$126,425

Board Members and Trustees

NameTitle
Maximiliane StraubChair
Jeneanne HanleyVice Chair
Aleksandra MiziolekDirector
Anne Marie MonetteDirector
Beth CorreaDirector
Brenda McmahonDirector
Carol FriendDirector
Cheri AlexanderDirector
Cheryl KernDirector
Chris BarmanDirector
Christine SitekDirector
Debra MintonDirector
Diane CharlesDirector
Florine MarkDirector
George LenyoDirector
Gina ColemanDirector
Gina MetrakasDirector
Gina StaudacherDirector
Heather RivardDirector
Janice CosbyDirector
Joyce JenereauxDirector
Kiersten RobinsonDirector
Kim HanrahanDirector
Kimberly Keaton WilliamsDirector
Kristin SmallwoodDirector
LIZBETH O'SHAUGHNESSYDirector
Lynette CollinsDirector
MAUREEN D'AGOSTINODirector
Mary StevensDirector
Mary ZuckermanDirector
Melissa CollarDirector
Pamela RiesDirector
Rhonda LaurencelleDirector
Ronia KruseDirector
Shari BurgessDirector
Stacey HaasDirector
Susan HawkinsDirector
Tamika MayesDirector
Teresa KlineDirector
Terry MerrittDirector
Vivian PickardDirector
Jamie SimpsonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
University Of MichiganProgram Expenses503 THOMPSON ST, Ann Arbor, MI 48109$184,591
-Vp, Signature Programs & Communications400 RENAISSANCE CENTER STE 2155, Detroit, MI 48243$126,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,292,810
Program Service Revenue
$1,178,614
Investment Income
$92,345
Other Revenue
$0
All Other Contributions
$1,292,810
Change in Net Assets
$228,189

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,549,739
Revenue Not Reported on Financial Statements
$14,030
Revenue Not Reported on Form 990
$37,665
Total Revenue per Audited Statements
$2,587,404
Total Revenue per Form 990
$2,563,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,207,187
Other Expenses$1,128,393
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$683,491$75,875-$759,366
Current Officers, Directors, Trustees, and Key Employees$297,765$33,000-$330,765
Payroll Taxes$66,911--$66,911
Depreciation Depletion$50,649$5,009-$55,658
Office Expenses$42,873$6,207-$49,080
Travel$35,302$4,139-$39,441
Other Employee Benefits$39,373--$39,373
Information Technology$30,186$2,985-$33,171
All Other Expenses$30,685$28-$30,713
Other Expenses$26,660--$26,660
Advertising$22,035$2,179-$24,214
Fees for Services Other$16,986$1,354-$18,340
Occupancy$13,545$1,336-$14,881
Fees for Service Investment Mgmnt Fees-$14,030-$14,030
Insurance$11,996$1,352-$13,348
Pension Plan Contributions$10,772--$10,772
Fees for Services Accounting-$326-$326
Total Functional Expenses$2,187,760$147,820$0$2,335,580

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,431,415
Total Expenses per Form 990$2,335,580
Expenses per Audited Statements$2,321,550
Expenses Not Reported on Form 990$109,865
Expenses Not Reported on Financial Statements$14,030
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
Audit committee
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

“A final draft of the 990 was presented to, and reviewed and accepted by, the members of the board of directors at a quarterly meeting.”

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

“Organization conducts annual meetings with officers, directors, and key employees to ensure compliance.”

Form 990, Part VI, Section B, Line 15

“The officer's compensation is determined by the executive committee following recommendations from an independent compensation consultant and salary survey comparisons. The compensation for the ceo/executive director and key employees is approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Inforum
EIN
30-0101343
Phone
3135670232
Address
400 RENAISSANCE CENTER NO 2155, DETROIT, MI 48243

Signing Officer

Name
Terry Barclay
Title
President
Phone
3135783230
Signed
2019-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Barclay
Formed
2002
Legal Domicile
Mi
Voting Board Members
42
Independent Board Members
42
Employees
11
Volunteers
400

Preparer

Firm
Grant Millman & Johnson Pc
Address
39475 W 13 MILE RD SUITE 200, NOVI, MI 48377
Preparer
Steven G Boggs CPA
Phone
2489948500
Raw XML AppendixShowing 400 of 723 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/Form990PartVIISectionAGrp/PersonNm1JENEANNE HANLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMIE SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHRIS BARMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4SHARI BURGESS
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN HAWKINS
IRS990/Form990PartVIISectionAGrp/PersonNm6RHONDA LAURENCELLE
IRS990/Form990PartVIISectionAGrp/PersonNm7GEORGE LENYO
IRS990/Form990PartVIISectionAGrp/PersonNm8ALEKSANDRA MIZIOLEK
IRS990/Form990PartVIISectionAGrp/PersonNm9MARY ZUCKERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10CHERI ALEXANDER
IRS990/Form990PartVIISectionAGrp/PersonNm11DIANE CHARLES
IRS990/Form990PartVIISectionAGrp/PersonNm12GINA COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm13MELISSA COLLAR
IRS990/Form990PartVIISectionAGrp/PersonNm14LYNETTE COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm15BETH CORREA
IRS990/Form990PartVIISectionAGrp/PersonNm16JANICE COSBY
IRS990/Form990PartVIISectionAGrp/PersonNm17MAUREEN D'AGOSTINO
IRS990/Form990PartVIISectionAGrp/PersonNm18CAROL FRIEND
IRS990/Form990PartVIISectionAGrp/PersonNm19STACEY HAAS
IRS990/Form990PartVIISectionAGrp/PersonNm20KIM HANRAHAN
IRS990/Form990PartVIISectionAGrp/PersonNm21JOYCE JENEREAUX
IRS990/Form990PartVIISectionAGrp/PersonNm22KIMBERLY KEATON WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm23CHERYL KERN
IRS990/Form990PartVIISectionAGrp/PersonNm24TERESA KLINE
IRS990/Form990PartVIISectionAGrp/PersonNm25RONIA KRUSE
IRS990/Form990PartVIISectionAGrp/PersonNm26FLORINE MARK
IRS990/Form990PartVIISectionAGrp/PersonNm27TAMIKA MAYES
IRS990/Form990PartVIISectionAGrp/PersonNm28BRENDA MCMAHON
IRS990/Form990PartVIISectionAGrp/PersonNm29TERRY MERRITT
IRS990/Form990PartVIISectionAGrp/PersonNm30GINA METRAKAS
IRS990/Form990PartVIISectionAGrp/PersonNm31DEBRA MINTON
IRS990/Form990PartVIISectionAGrp/PersonNm32ANNE MARIE MONETTE
IRS990/Form990PartVIISectionAGrp/PersonNm33LIZBETH O'SHAUGHNESSY
IRS990/Form990PartVIISectionAGrp/PersonNm34VIVIAN PICKARD
IRS990/Form990PartVIISectionAGrp/PersonNm35PAMELA RIES
IRS990/Form990PartVIISectionAGrp/PersonNm36HEATHER RIVARD
IRS990/Form990PartVIISectionAGrp/PersonNm37KIERSTEN ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm38CHRISTINE SITEK
IRS990/Form990PartVIISectionAGrp/PersonNm39KRISTIN SMALLWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm40GINA STAUDACHER
IRS990/Form990PartVIISectionAGrp/PersonNm41MARY STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm42TERRY BARCLAY
IRS990/Form990PartVIISectionAGrp/PersonNm43CAROLE LEIGH HUTTON
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt410
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt420
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt430
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$3,796,718
Liabilities
$475,654
Net assets
$3,321,064
Revenue
$2,563,769
Expenses
$2,335,580
Net income
$228,189
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.11$0.54$3.57$1.76$2.16$0.39
2024Detailed filing. Detailed filing data is available for this year.$4.31$0.49$3.82$2.18$2.28$0.09
2023Detailed filing. Detailed filing data is available for this year.$4.29$0.48$3.81$2.26$2.23$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.98$0.42$3.56$2.04$2.13$0.10
2021Detailed filing. Detailed filing data is available for this year.$4.23$0.27$3.96$1.93$1.62$0.31
2020Detailed filing. Detailed filing data is available for this year.$3.83$0.38$3.45$1.76$1.77$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.99$0.43$3.56$2.67$2.36$0.31
2018Detailed filing. Detailed filing data is available for this year.$3.80$0.48$3.32$2.56$2.34$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.53$0.26$1.27$1.19$1.28$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.16$1.40$1.24$1.20$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.45$0.06$1.40$1.16$1.13$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.18$0.93$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.13$0.78$0.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.05$0.68$0.59
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.06$0.63$0.47