Civic Intelligence

Mackinac Horsemens Associations

990 • Fiscal year 2013 • EIN 32-0132900

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 20, 2014

PO Box 46249757

(906) 847-3853

Siviq Scores

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

Liabilities / Assets

87th percentile

0.68x

Higher debt load relative to assets than 87% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

92nd percentile

1.77x

Higher debt load relative to revenue than 92% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

83rd percentile

29%

Higher net margin than 83% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

54th percentile

$15,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.5% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

20th percentile

-6.8%

Faster asset growth than 20% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

93rd percentile

117%

Faster revenue growth than 93% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2010 to 2013

Assets

Down

$599,122

Down $43,770 (-6.8%) from 2012

Net Assets

Up

$189,866

Up $24,007 (+14%) from 2012

Liabilities

Down

$409,256

Down $67,777 (-14%) from 2012

Revenue

$231,240

No earlier filing loaded for comparison.

Expenses

Up

$164,416

Up $17,755 (+12%) from 2012

Net Income

$66,824

No earlier filing loaded for comparison.

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: $36,992Liabilities 2010: $265Net Assets 2010: $36,7272010Assets 2011: $626,156Liabilities 2011: $443,755Net Assets 2011: $182,4012011Assets 2012: $642,892Liabilities 2012: $477,033Net Assets 2012: $165,8592012Assets 2013: $599,122Liabilities 2013: $409,256Net Assets 2013: $189,8662013Assets 2014: $557,144Liabilities 2014: $390,404Net Assets 2014: $166,7402014Assets 2015: $564,119Liabilities 2015: $370,351Net Assets 2015: $193,7682015Assets 2016: $528,716Liabilities 2016: $348,966Net Assets 2016: $179,7502016Assets 2017: $495,963Liabilities 2017: $327,474Net Assets 2017: $168,4892017Assets 2018: $448,327Liabilities 2018: $336,855Net Assets 2018: $111,4722018Assets 2019: $412,796Liabilities 2019: $318,765Net Assets 2019: $94,0312019Assets 2020: $347,639Liabilities 2020: $291,421Net Assets 2020: $56,2182020Assets 2021: $352,212Liabilities 2021: $30,803Net Assets 2021: $321,4092021Assets 2022: $309,809Liabilities 2022: $18,029Net Assets 2022: $291,7802022Assets 2023: $353,634Liabilities 2023: $18,029Net Assets 2023: $335,6052023Assets 2024: $289,747Liabilities 2024: $9,493Net Assets 2024: $280,2542024

Highlighted filing

2013

Assets$599,122
Liabilities$409,256
Net Assets$189,866

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $22,675Expenses 2010: $23,242Net Income 2010: -$5672010Expenses 2011: $76,0342011Expenses 2012: $146,6612012Revenue 2013: $231,240Expenses 2013: $164,416Net Income 2013: $66,8242013Revenue 2014: $121,818Expenses 2014: $144,944Net Income 2014: -$23,1262014Revenue 2015: $154,337Expenses 2015: $170,196Net Income 2015: -$15,8592015Revenue 2016: $152,599Expenses 2016: $166,617Net Income 2016: -$14,0182016Revenue 2017: $156,157Expenses 2017: $167,418Net Income 2017: -$11,2612017Revenue 2018: $161,538Expenses 2018: $218,555Net Income 2018: -$57,0172018Revenue 2019: $169,709Expenses 2019: $187,150Net Income 2019: -$17,4412019Revenue 2020: $148,141Expenses 2020: $143,067Net Income 2020: $5,0742020Revenue 2021: $446,195Expenses 2021: $181,004Net Income 2021: $265,1912021Revenue 2022: $136,695Expenses 2022: $166,324Net Income 2022: -$29,6292022Revenue 2023: $177,685Expenses 2023: $133,860Net Income 2023: $43,8252023Revenue 2024: $151,066Expenses 2024: $206,417Net Income 2024: -$55,3512024

Highlighted filing

2013

Revenue$231,240
Expenses$164,416
Net Income$66,824
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 20, 2014
Return Version
2013v3.0
Gross Receipts
$240,472
Mission and Program Overview

Mission

In recognition of the unique ordinace of 1898, banning the "horseless" carriage on mackinac island, and in that the "horse is king" on mackinac island, the mackinac horsemen's association is dedicated to the promotion, education, and future of horses and horsemen on mackinac island.

Promotion, education, and future of horses and horsemen on mackinac island.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$590,331$579,498▼ $10,833
Rtn Earn Endowment Incm Other Fnds$165,859$189,866▲ $24,007
Pledges and Grants Receivable$42,817--
Cash and Non-Interest-Bearing Accounts$9,237$19,029▲ $9,792
Accounts Receivable$110--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$642,892$599,122▼ $43,770
Other Assets Total$397$595▲ $198
Liabilities
Mortgage Notes Payable Secured by Investment Property$477,033$409,256▼ $67,777
Total Liabilities$477,033$409,256▼ $67,777
Net Assets / Fund Balance
Total Net Assets Fund Balance$165,859$189,866▲ $24,007
Total Liabilities and Net Assets / Fund Balance$642,892$599,122▼ $43,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$518,637$56,610$575,247
Equipment$60,861$41,721$102,582
Compensation and Service Providers

Employees

NameTitleBaseTotal
Leanne BrodeurDirector$15,000$15,000

Board Members and Trustees

NameTitle
Maryanke AlexanderPresident
Lisa BrockCo-vice President
Steve RilengeCo-vice President
Bob CloggDirector
Jack ArmstrongDirector
Jennifer WohletzDirector
Kathryn RadoDirector
Katie NovakoskiDirector
Sue BellingerDirector
Susan AllenDirector
Tim SheaDirector
Ann LevySecretary
Michelle StuckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$209,582
Program Service Revenue
$22,168
Investment Income
$103
Other Revenue
$-613
All Other Contributions
$195,931
Change in Net Assets
$66,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,247
Salaries, Compensation, and Employee Benefits$23,169
Total Fundraising Expense$5,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$58,609--$58,609
Interest$25,760--$25,760
Current Officers, Directors, Trustees, and Key Employees$5,000$5,000$5,000$15,000
Occupancy$4,040$7,597-$11,637
Insurance-$7,570-$7,570
Payroll Taxes-$6,637-$6,637
Fees for Services Accounting-$5,000-$5,000
Fees for Services Other$2,710--$2,710
Other Expenses$5,028$2,089-$2,089
Other Salaries and Wages-$1,532-$1,532
Advertising$1,411--$1,411
Office Expenses$1,039--$1,039
All Other Expenses$70$157-$227
Total Functional Expenses$123,834$35,582$5,000$164,416
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,232
Fundraising Gross Income$8,567
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 11

The form 990 is reviewed by the board of directors before filing.

Form 990, Part VI, Section C, Line 19

Mackinac horseman's association's documents and financial statements are made available upon request by contacting the mcec dir. Of ed. Programs.

Filing and Contact Details

Filer

EIN
32-0132900
Phone
9068473853

Signing Officer

Name
Michelle Stuck
Title
Treasurer
Phone
9068473853
Signed
2014-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michelle Stuck
Formed
2004
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
36

Preparer

Preparer
Michael J Konicki CPA
Phone
2316273143
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Promise to give - future loan payments -42,817.

Raw XML AppendixShowing 400 of 462 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/PayrollTaxesGrp/ManagementAndGeneralAmt06637
IRS990/PayrollTaxesGrp/TotalAmt06637
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt042817
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHELLE STUCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0990009
IRS990/ProgramServiceRevenueGrp/BusinessCd1990009
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL LESSONS
IRS990/ProgramServiceRevenueGrp/Desc1HORSE LEASES & BOARD
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011118
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt111050
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011118
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt111050
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0142740
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0362
IRS990/PYOtherExpensesAmt0146661
IRS990/PYOtherRevenueAmt09264
IRS990/PYProgramServiceRevenueAmt020640
IRS990/PYRevenuesLessExpensesAmt026345
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0146661
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0173006
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt066824
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt01370
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022168
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0165859
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0189866
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt027000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt06000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt033000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0209582
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0142740
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt098744
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt021739
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0484999
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0103
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0362
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0211
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0678
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01354
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt030735
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt037197
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt035648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06877
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04092
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0114549
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0103
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0211
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0678
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01354
IRS990ScheduleA/InvestmentIncomeCYPct00.00220
IRS990ScheduleA/InvestmentIncomePYPct00.00310
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt052
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01402
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01514
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94050
IRS990ScheduleA/PublicSupportPY509Pct00.91130
IRS990ScheduleA/PublicSupportTotal509Amt0566548
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt027000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt06000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt033000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0240317
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0179937
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0134392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt019071
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt025831
IRS990ScheduleA/Total509Grp/TotalAmt0599548
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0240472
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0180359
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0136005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt019749
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt025831
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0602416
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0518637
IRS990ScheduleD/BuildingsGrp/DepreciationAmt056610
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0575247
IRS990ScheduleD/EquipmentGrp/BookValueAmt060861
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041721
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0102582
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0579498
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MACKINAC HORSEMAN'S ASSOCIATION'S DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST BY CONTACTING THE MCEC DIR. OF ED. PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROMISE TO GIVE - FUTURE LOAN PAYMENTS -42,817.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0642892
IRS990/TotalAssetsEOYAmt0599122
IRS990/TotalAssetsGrp/BOYAmt0642892
IRS990/TotalAssetsGrp/EOYAmt0599122
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0209582
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05000

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.90$0.09$2.80$1.51$2.06$0.55
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.54$0.18$3.36$1.78$1.34$0.44
2022Detailed filing. Detailed filing data is available for this year.$3.10$0.18$2.92$1.37$1.66$0.30
2021Detailed filing. Detailed filing data is available for this year.$3.52$0.31$3.21$4.46$1.81$2.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$2.91$0.56$1.48$1.43$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.13$3.19$0.94$1.70$1.87$0.17
2018Detailed filing. Detailed filing data is available for this year.$4.48$3.37$1.11$1.62$2.19$0.57
2017Detailed filing. Detailed filing data is available for this year.$4.96$3.27$1.68$1.56$1.67$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.29$3.49$1.80$1.53$1.67$0.14
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.64$3.70$1.94$1.54$1.70$0.16
2014Detailed filing. Detailed filing data is available for this year.$5.57$3.90$1.67$1.22$1.45$0.23
2013Detailed filing. Detailed filing data is available for this year.$5.99$4.09$1.90$2.31$1.64$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$4.77$1.66$1.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.26$4.44$1.82$0.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.23$0.23$0.01