Civic Intelligence

Finnish American Cultural Corporation

EIN 30-0549157 • 501(c)3 • Royal Oak, MI

4503 GrovelandRoyal Oak, MI 48073

www.finnishculture.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

18th percentile

-34%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

21st percentile

-44%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

137%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,310

Down $1,026 (-44%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

Down

$1,310

Down $1,026 (-44%) from 2018

Revenue

Up

$3,040

Up $1,755 (+137%) from 2018

Expenses

Up

$4,066

Up $116 (+2.9%) from 2018

Net Income

Up

-$1,026

Up $1,639 (+62%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0K$4.0K$2.0K$0Assets 2012: $3,169Net Assets 2012: $3,1692012Assets 2013: $5,973Liabilities 2013: $0Net Assets 2013: $5,9732013Assets 2014: $3,678Liabilities 2014: $0Net Assets 2014: $3,6782014Assets 2015: $4,097Liabilities 2015: $0Net Assets 2015: $4,0972015Assets 2016: $4,318Liabilities 2016: $0Net Assets 2016: $4,3182016Assets 2018: $2,336Liabilities 2018: $0Net Assets 2018: $2,3362018Assets 2019: $1,310Liabilities 2019: $0Net Assets 2019: $1,3102019

Highlighted filing

2019

Assets$1,310
Liabilities$0
Net Assets$1,310

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10K$5.0K$0-$5.0KRevenue 2012: $2,775Expenses 2012: $2,291Net Income 2012: $4842012Revenue 2013: $4,210Expenses 2013: $1,406Net Income 2013: $2,8042013Revenue 2014: $3,625Expenses 2014: $5,920Net Income 2014: -$2,2952014Revenue 2015: $3,543Expenses 2015: $3,124Net Income 2015: $4192015Revenue 2016: $2,070Expenses 2016: $1,849Net Income 2016: $2212016Revenue 2018: $1,285Expenses 2018: $3,950Net Income 2018: -$2,6652018Revenue 2019: $3,040Expenses 2019: $4,066Net Income 2019: -$1,0262019

Highlighted filing

2019

Revenue$3,040
Expenses$4,066
Net Income-$1,026

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 3, 2010
Return Version
2019v5.1
Gross Receipts
$3,040
Mission and Program Overview

Mission

SEE SCHEDULE O

Program Services

DescriptionGrantsExpenses
FINLANDIA FOUNDATION OF MICHIGAN BROUGHT ISMO LEIKOLA (A TOP-RATED PERFORMER IN FINLANDS STAND-UP COMEDY WORLD) TO PERFORM 2 SHOWS AT THE FARMINGTON CIVIC THEATER THE EVENING-$2,000
Other program services-$1,509
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FRANK GOTTBERGPresident-$0--
DAVID SHARPESecretary-$0--
DANIEL LINNATreasurer-$0--
CORTLAND BOOKVice President-$0--
NORBERT LEPPANENDirector-$0--
ERIK LINDQUISTDirector-$0--
GAYLE GULLENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Finlandia Foundation of Michigan
EIN
30-0549157
Address
4503 GROVELAND, ROYAL OAK, MI 48073

Signing Officer

Name
Frank Gottberg
Title
Chairman
Phone
2485494056
Signed
2010-10-03
Discuss with paid preparer
No

Preparer

Firm
Munro Consulting
Address
35232 Gary, Farmington, MI 48331
Preparer
Kathleen M Munro
Phone
2484899588
Supplemental Narrative

Additional Explanations

General explanation attachment

Part iii organizations primary exempt purpose:to educate about, support, preserve, cultivate, and perpetuate finnish and finnish-american culture and heritage.

Description of other expenses Part I line 16

Description AmountPROGRAM SERVICE EXPENSES PART III 3,509MEMBERSHIP 21FILING FEES 20ANNUAL MEETING 120WEBSITE EXPENSE 125PROMOTIONAL EXPENSE 21

Other program services Part III line 31

Continuation of part iii - line 28:before finnfest 2019 usa opened in southeastern michigan - evening attendance was 375.set up and prepared for the opening ceremony of the finnish festival - finnfest 2019 usa. Ffmi was given the responsibility to do the opening of the festival at the sheridan inn in novi, mi. We had all three flags representing the usa, canada and finland.$480 expended to have a video made about 6 families and their children who lived and experienced the winter war. The now adult children were interviewed to recall their memories and life experiences during the winter war in finland in 1939. This project required many hours of volunteer help to interview the people and to edit and finalize the disc tape. $200 expended to the finnish center association in support of the finnish american singers of michigan for sheet music used in their concerts.$200 expended to finlandia foundation national - allocated to the vaino hoover memorial.$224 expended to buy finnish cultural books and childrens books for the free little library at the finlandia gardens at fca.$320 was expended to send one student to finnish language camp at salalampi - a program offered by concordia college which allows participating students the opportunity to earn the high school equivalent of one semester of finnish language credit.$85 expended to purchase new finland and canada flags to add to our three flag display for the highland games exhibit, then for the opening service at finnfest 2019 usa.

Raw XML Appendix172 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART III ORGANIZATIONS PRIMARY EXEMPT PURPOSE:TO EDUCATE ABOUT, SUPPORT, PRESERVE, CULTIVATE, AND PERPETUATE FINNISH AND FINNISH-AMERICAN CULTURE AND HERITAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountPROGRAM SERVICE EXPENSES PART III 3,509MEMBERSHIP 21FILING FEES 20ANNUAL MEETING 120WEBSITE EXPENSE 125PROMOTIONAL EXPENSE 21
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONTINUATION OF PART III - LINE 28:BEFORE FINNFEST 2019 USA OPENED IN SOUTHEASTERN MICHIGAN - EVENING ATTENDANCE WAS 375.SET UP AND PREPARED FOR THE OPENING CEREMONY OF THE FINNISH FESTIVAL - FINNFEST 2019 USA. FFMI WAS GIVEN THE RESPONSIBILITY TO DO THE OPENING OF THE FESTIVAL AT THE SHERIDAN INN IN NOVI, MI. WE HAD ALL THREE FLAGS REPRESENTING THE USA, CANADA AND FINLAND.$480 EXPENDED TO HAVE A VIDEO MADE ABOUT 6 FAMILIES AND THEIR CHILDREN WHO LIVED AND EXPERIENCED THE WINTER WAR. THE NOW ADULT CHILDREN WERE INTERVIEWED TO RECALL THEIR MEMORIES AND LIFE EXPERIENCES DURING THE WINTER WAR IN FINLAND IN 1939. THIS PROJECT REQUIRED MANY HOURS OF VOLUNTEER HELP TO INTERVIEW THE PEOPLE AND TO EDIT AND FINALIZE THE DISC TAPE. $200 EXPENDED TO THE FINNISH CENTER ASSOCIATION IN SUPPORT OF THE FINNISH AMERICAN SINGERS OF MICHIGAN FOR SHEET MUSIC USED IN THEIR CONCERTS.$200 EXPENDED TO FINLANDIA FOUNDATION NATIONAL - ALLOCATED TO THE VAINO HOOVER MEMORIAL.$224 EXPENDED TO BUY FINNISH CULTURAL BOOKS AND CHILDRENS BOOKS FOR THE FREE LITTLE LIBRARY AT THE FINLANDIA GARDENS AT FCA.$320 WAS EXPENDED TO SEND ONE STUDENT TO FINNISH LANGUAGE CAMP AT SALALAMPI - A PROGRAM OFFERED BY CONCORDIA COLLEGE WHICH ALLOWS PARTICIPATING STUDENTS THE OPPORTUNITY TO EARN THE HIGH SCHOOL EQUIVALENT OF ONE SEMESTER OF FINNISH LANGUAGE CREDIT.$85 EXPENDED TO PURCHASE NEW FINLAND AND CANADA FLAGS TO ADD TO OUR THREE FLAG DISPLAY FOR THE HIGHLAND GAMES EXHIBIT, THEN FOR THE OPENING SERVICE AT FINNFEST 2019 USA.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits