Civic Intelligence

Friends for Michael Inc.

990EZ • Fiscal year 2021 • EIN 31-1549671

Jan 01, 2021 to Dec 31, 2021 • Filed on May 10, 2022

1705 Eagle Creek DriveLouisville, KY 40222

(502) 291-0929

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

56th percentile

13%

Higher net margin than 56% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

81st percentile

53%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

91st percentile

176%

Faster revenue growth than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$12,663

Down $8,197 (-39%) from 2019

Net Assets

Down

$12,663

Down $8,197 (-39%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Down

$33,179

Down $5,813 (-15%) from 2019

Expenses

Down

$28,773

Down $22,865 (-44%) from 2019

Net Income

Up

$4,406

Up $17,052 (+135%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $31,350Net Assets 2011: $31,3502011Assets 2012: $5,054Net Assets 2012: $5,0542012Assets 2013: $7,332Net Assets 2013: $7,3322013Assets 2014: $7,510Net Assets 2014: $7,5102014Assets 2016: $6,580Net Assets 2016: $6,5802016Assets 2017: $22,489Net Assets 2017: $22,4892017Assets 2018: $33,506Net Assets 2018: $33,5062018Assets 2019: $20,860Net Assets 2019: $20,8602019Assets 2021: $12,663Liabilities 2021: $0Net Assets 2021: $12,6632021Assets 2022: $22,969Net Assets 2022: $22,9692022Assets 2024: $47,963Net Assets 2024: $47,9632024

Highlighted filing

2021

Assets$12,663
Liabilities$0
Net Assets$12,663

Operations Trend

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

$100K$50K$0-$50KRevenue 2011: $40,932Expenses 2011: $27,375Net Income 2011: $13,5572011Revenue 2012: $30,366Expenses 2012: $56,662Net Income 2012: -$26,2962012Revenue 2013: $32,808Expenses 2013: $30,530Net Income 2013: $2,2782013Revenue 2014: $32,706Expenses 2014: $32,528Net Income 2014: $1782014Revenue 2016: $33,818Expenses 2016: $38,620Net Income 2016: -$4,8022016Revenue 2017: $39,578Expenses 2017: $23,669Net Income 2017: $15,9092017Revenue 2018: $51,584Expenses 2018: $40,567Net Income 2018: $11,0172018Revenue 2019: $38,992Expenses 2019: $51,638Net Income 2019: -$12,6462019Revenue 2021: $33,179Expenses 2021: $28,773Net Income 2021: $4,4062021Revenue 2022: $37,764Expenses 2022: $27,458Net Income 2022: $10,3062022Revenue 2024: $57,593Expenses 2024: $38,679Net Income 2024: $18,9142024

Highlighted filing

2021

Revenue$33,179
Expenses$28,773
Net Income$4,406
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 10, 2022
Return Version
2021v4.2
Gross Receipts
$38,273
Mission and Program Overview

Mission

To raise funds for spinal cord research and to provide scholarships and/or financial assistance to provide more mobility to those effected by spinal cord injuries/disease

Raised funds for spinal cord research and provided scholarships and/or financial assistance giving more mobility to those affected by spinal cord injuries/disease.

Program Services

DescriptionGrantsExpenses
RAISED FUNDS FOR SPINAL CORD RESEARCH AND PROVIDED SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE GIVING MORE MOBILITY TO THOSE AFFECTED BY SPINAL CORD INJURIES/DISEASE.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATTHEW BRENTPresident-$0--
STUART SCHMIDTTreasurer-$0--
LINDA BERRYSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$12,205$12,205$1,250$10,955
Golf Outing$10,520$10,520-$10,520
Total Events$22,725$22,725$5,094$17,631
Filing and Contact Details

Filer

Filer Name
Friends for Michael Inc
EIN
31-1549671
Phone
5022910929
Address
1705 EAGLE CREEK DRIVE, LOUISVILLE, KY 40222

Signing Officer

Name
Stuart Schmidt
Title
Treasurer
Phone
5022910929
Signed
2022-05-10
Discuss with paid preparer
Yes

Preparer

Firm
Blue & Co LLC
Address
2650 EASTPOINT PKWY SUITE 300, LOUISVILLE, KY 40223
Preparer
Joseph Stuedle CPA
Phone
5029923500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: investment income. Amount: 28.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: research institution. Grantee name: university of louisville foundation. Grantee address: 215 central ave, ste 212 louisville , ky 40208. Amount given: 12,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: research institution. Grantee name: university of kentucky scobric fund. Grantee address: uk medical center mn 150 lexington , ky 40536. Amount given: 12,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: direct service to persons. Grantee name: crystal salvto, matthew gentry, jenna hardon. Amount given: 3,355. Total included on form 990-ez, line 10: 27,355.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: information technology. Amount: 200. Description: insurance. Amount: 779. Description: dues. Amount: 60. Description: bank charge. Amount: 7. Description: charge account access. Amount: 324. Total to form 990-ez, line 16: 1,370.

Raw XML Appendix180 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/OfficerDirectorTrusteeEmplGrp/PersonNm0MATTHEW BRENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1STUART SCHMIDT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LINDA BERRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0RAISED FUNDS FOR SPINAL CORD RESEARCH AND PROVIDED SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE GIVING MORE MOBILITY TO THOSE AFFECTED BY SPINAL CORD INJURIES/DISEASE.
IRS990EZ/PrintingPublicationsPostageAmt048
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISED FUNDS FOR SPINAL CORD RESEARCH AND PROVIDED SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE GIVING MORE MOBILITY TO THOSE AFFECTED BY SPINAL CORD INJURIES/DISEASE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt05094
IRS990EZ/SpecialEventsNetIncomeLossAmt017631
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0KY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INVESTMENT INCOME. AMOUNT: 28.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: RESEARCH INSTITUTION. GRANTEE NAME: UNIVERSITY OF LOUISVILLE FOUNDATION. GRANTEE ADDRESS: 215 CENTRAL AVE, STE 212 LOUISVILLE , KY 40208. AMOUNT GIVEN: 12,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: RESEARCH INSTITUTION. GRANTEE NAME: UNIVERSITY OF KENTUCKY SCOBRIC FUND. GRANTEE ADDRESS: UK MEDICAL CENTER MN 150 LEXINGTON , KY 40536. AMOUNT GIVEN: 12,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: DIRECT SERVICE TO PERSONS. GRANTEE NAME: CRYSTAL SALVTO, MATTHEW GENTRY, JENNA HARDON. AMOUNT GIVEN: 3,355. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 27,355.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: INFORMATION TECHNOLOGY. AMOUNT: 200. DESCRIPTION: INSURANCE. AMOUNT: 779. DESCRIPTION: DUES. AMOUNT: 60. DESCRIPTION: BANK CHARGE. AMOUNT: 7. DESCRIPTION: CHARGE ACCOUNT ACCESS. AMOUNT: 324. TOTAL TO FORM 990-EZ, LINE 16: 1,370.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STUART SCHMIDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05022910929
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS FOR MICHAEL INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0311549671
ReturnHeader/Filer/PhoneNum05022910929
ReturnHeader/Filer/USAddress/AddressLine1Txt01705 EAGLE CREEK DRIVE
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040222
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351178661
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLUE & CO LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02650 EASTPOINT PKWY SUITE 300
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ReturnHeader/PreparerPersonGrp/PhoneNum05029923500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH STUEDLE CPA
ReturnHeader/ReturnTs02022-05-12T10:00:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0STUART
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SCHMIDT
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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