Civic Intelligence

Ames Family Foundation

EIN 33-1011426 • Traverse City, MI

Pub. 78 Eligible
P O Box 984Traverse City, MI 49685
Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

Higher debt load relative to assets than 24% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Net Margin

3rd percentile

-143%

Higher net margin than 3% of similar nonprofits.

$10M-$25M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$100,000

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 22.4% of source-year revenue.

$10M-$25M nonprofits • Source year 2024

Asset Growth

15th percentile

-5.8%

Faster asset growth than 15% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-25%

Faster revenue growth than 12% of similar nonprofits.

$10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$10,369,947

Down $641,236 (-5.8%) from 2023

Liabilities

Flat

$11,945

Flat from 2023

Net Assets

Down

$10,358,002

Down $641,236 (-5.8%) from 2023

Operations
Liabilities / Revenue30th percentileNet Margin3rd percentile

Revenue

Down

$447,090

Down $146,381 (-25%) from 2023

Expenses

Up

$1,088,326

Up $127,920 (+13%) from 2023

Net Income

Down

-$641,236

Down $274,301 (-75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

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

$15M$10M$5.0M$0Assets 2016: $11,588Liabilities 2016: $0Net Assets 2016: $11,5882016Assets 2017: $16,558Liabilities 2017: $0Net Assets 2017: $16,5582017Assets 2018: $13,874Liabilities 2018: $0Net Assets 2018: $13,8742018Assets 2019: $1,891,552Liabilities 2019: $0Net Assets 2019: $1,891,5522019Assets 2020: $12,645,238Liabilities 2020: $0Net Assets 2020: $12,645,2382020Assets 2021: $12,029,356Liabilities 2021: $11,945Net Assets 2021: $12,017,4112021Assets 2022: $11,378,118Liabilities 2022: $11,945Net Assets 2022: $11,366,1732022Assets 2023: $11,011,183Liabilities 2023: $11,945Net Assets 2023: $10,999,2382023Assets 2024: $10,369,947Liabilities 2024: $11,945Net Assets 2024: $10,358,0022024

Highlighted filing

2024

Assets$10,369,947
Liabilities$11,945
Net Assets$10,358,002
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2016: $14,002Expenses 2016: $18,936Net Income 2016: -$4,9342016Revenue 2017: $10,001Expenses 2017: $5,031Net Income 2017: $4,9702017Revenue 2018: $2Expenses 2018: $2,686Net Income 2018: -$2,6842018Revenue 2019: $1,978,331Expenses 2019: $100,653Net Income 2019: $1,877,6782019Revenue 2020: $14,024,267Expenses 2020: $862,937Net Income 2020: $13,161,3302020Revenue 2021: $380,234Expenses 2021: $1,048,061Net Income 2021: -$667,8272021Revenue 2022: $406,010Expenses 2022: $1,057,248Net Income 2022: -$651,2382022Revenue 2023: $593,471Expenses 2023: $960,406Net Income 2023: -$366,9352023Revenue 2024: $447,090Expenses 2024: $1,088,326Net Income 2024: -$641,2362024

Highlighted filing

2024

Revenue$447,090
Expenses$1,088,326
Net Income-$641,236
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,369,947
Liabilities
$11,945
Net assets
$10,358,002
Revenue
$447,090
Expenses
$1,088,326
Net income
-$641,236
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.4$0.01$10.4$0.45$1.09$0.64
2023Detailed filing. Detailed filing data is available for this year.$11.0$0.01$11.0$0.59$0.96$0.37
2022Detailed filing. Detailed filing data is available for this year.$11.4$0.01$11.4$0.41$1.06$0.65
2021Detailed filing. Detailed filing data is available for this year.$12.0$0.01$12.0$0.38$1.05$0.67
2020Detailed filing. Detailed filing data is available for this year.$12.6$0.00$12.6$14.0$0.86$13.2
2019Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$1.98$0.10$1.88
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$0.01$0.01$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.01$0.02$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Compensation and Service Providers
Top Officer Pay36th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BARBARA JEAN AMESCo-TrusteePT$100,000-$100,000
JOHN CLINTON AMESCo-TrusteePT$100,000-$100,000
Filing and Contact Details

Filer

Filer Name
Ames Family Foundation
EIN
33-1011426
Phone
2514767685
Address
P O BOX 984, TRAVERSE CITY, MI 49685

Signing Officer

Name
Barbara Jean Ames
Title
Co-trustee
Phone
2514767685
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Lawrence & Lawrence Pc
Address
PO BOX 160387, MOBILE, AL 36616
Preparer
George V Davis CPA
Phone
2514767685
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