Civic Intelligence

Michigan Education Council

990 • Fiscal year 2013 • EIN 34-1602618

Jul 01, 2012 to Jun 30, 2013 • Filed on Mar 19, 2014

40440 Palmer Road48188
Siviq Scores

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

Liabilities / Assets

77th percentile

0.61x

Higher debt load relative to assets than 77% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

68th percentile

8.7%

Faster asset growth than 68% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$10,638,138

Up $853,774 (+8.7%) from 2012

Net Assets

Up

$4,195,784

Up $24,607 (+0.6%) from 2012

Liabilities

Up

$6,442,354

Up $829,167 (+15%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$3,138,271

Up $372,980 (+13%) from 2012

Net Income

-

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.

$15M$10M$5.0M$0Assets 2010: $9,650,288Liabilities 2010: $5,623,256Net Assets 2010: $4,027,0322010Assets 2011: $9,712,030Liabilities 2011: $5,648,014Net Assets 2011: $4,064,0162011Assets 2012: $9,784,364Liabilities 2012: $5,613,187Net Assets 2012: $4,171,1772012Assets 2013: $10,638,138Liabilities 2013: $6,442,354Net Assets 2013: $4,195,7842013Assets 2014: $10,320,082Liabilities 2014: $6,132,815Net Assets 2014: $4,187,2672014Assets 2015: $10,083,510Liabilities 2015: $5,796,951Net Assets 2015: $4,286,5592015Assets 2016: $9,784,152Liabilities 2016: $5,395,649Net Assets 2016: $4,388,5032016Assets 2017: $10,152,998Liabilities 2017: $5,265,086Net Assets 2017: $4,887,9122017Assets 2018: $10,074,872Liabilities 2018: $4,932,412Net Assets 2018: $5,142,4602018Assets 2019: $10,292,381Liabilities 2019: $4,896,292Net Assets 2019: $5,396,0892019Assets 2020: $9,979,006Liabilities 2020: $4,474,510Net Assets 2020: $5,504,4962020Assets 2021: $9,976,435Liabilities 2021: $4,635,607Net Assets 2021: $5,340,8282021Assets 2022: $10,672,917Liabilities 2022: $4,370,619Net Assets 2022: $6,302,2982022Assets 2023: $9,604,089Liabilities 2023: $3,441,227Net Assets 2023: $6,162,8622023Assets 2024: $8,906,739Liabilities 2024: $2,906,110Net Assets 2024: $6,000,6292024

Highlighted filing

2013

Assets$10,638,138
Liabilities$6,442,354
Net Assets$4,195,784

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,566,9462010Expenses 2011: $2,704,9542011Expenses 2012: $2,765,2912012Expenses 2013: $3,138,2712013Revenue 2014: $3,239,622Expenses 2014: $3,248,139Net Income 2014: -$8,5172014Revenue 2015: $3,202,428Expenses 2015: $3,103,136Net Income 2015: $99,2922015Revenue 2016: $2,968,078Expenses 2016: $2,866,134Net Income 2016: $101,9442016Revenue 2017: $3,433,583Expenses 2017: $2,934,264Net Income 2017: $499,3192017Revenue 2018: $3,177,600Expenses 2018: $2,923,040Net Income 2018: $254,5602018Revenue 2019: $3,375,515Expenses 2019: $3,123,492Net Income 2019: $252,0232019Revenue 2020: $3,328,632Expenses 2020: $3,029,728Net Income 2020: $298,9042020Revenue 2021: $2,699,980Expenses 2021: $2,867,709Net Income 2021: -$167,7292021Revenue 2022: $3,722,412Expenses 2022: $3,018,097Net Income 2022: $704,3152022Revenue 2023: $3,351,868Expenses 2023: $3,473,668Net Income 2023: -$121,8002023Revenue 2024: $4,129,024Expenses 2024: $4,057,923Net Income 2024: $71,1012024

Highlighted filing

2013

Revenue-
Expenses$3,138,271
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Mar 19, 2014
Return Version
2012v2.3
Gross Receipts
$3,162,878
Mission and Program Overview

Mission

The purpose of the organization is to operate a not-for-profit educational institution which instills the highest social and family values to its students. The school serves approximately 454 students and has about 50 leased employee teachers and staff.

Filing and Contact Details

Filer

EIN
34-1602618
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IRS990ScheduleE/Form990ScheduleEPartII/Explanation0NO PUBLICATIONS IN NEWSPAPERS OR BROADCAST MEDIA EXIST AT THIS TIME THE APPLICATION DOES STATE THE POLICY
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IRS990ScheduleO/GeneralExplanation/Explanation0THE PURPOSE OF THE ORGANIZATION IS TO OPERATE A NOT-FOR-PROFIT EDUCATIONAL INSTITUTION WHICH INSTILLS THE HIGHEST SOCIAL AND FAMILY VALUES TO ITS STUDENTS. THE SCHOOL SERVES APPROXIMATELY 491 STUDENTS AND HAS ABOUT 56 LEASED EMPLOYEE TEACHERS AND STAFF.
IRS990ScheduleO/GeneralExplanation/Explanation1THE SCHOOL GRADUATES APPROXIMATELY 30 STUDENTS ANNUALLY AND PARTICIPATES IN COMMUNITY EVENTS AND INSTITUTIONS WHERE APPROPRIATE. VIRTUALLY ALL GRADUATED STUDENTS GO ON TO COLLEGE AND UNIVERSITY STUDIES BEYOND THIS INSTITUTION. SURVEYS HAVE SHOWN THAT GRADUATES HAVE A HIGH LEVEL OF SUCCESS GOING INTO HIGH SCHOOL AND BEYOND.
IRS990ScheduleO/GeneralExplanation/Explanation2ABDUL HAFEEZ TARIQ HAFEEZ TRUSTEE PRES DIRECTOR FAMILY MAHMOOD HAI YUSUF HAI TRUSTEE VP TRUSTEE,TREA FAMILY
IRS990ScheduleO/GeneralExplanation/Explanation3THERE ARE TRUSTEES THAT HAVE THE POWER TO APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/GeneralExplanation/Explanation4REPRESENTATIVES FROM BOARD OF TRUSTEES, BOARD OF DIRECTORS, AND ADMINISTRATION FORM THE FINANCE COMMITTEE. COMMITTEE REVIEWS DOCUMENT, PROVIDES FEEDBACK TO ACCOUNTANTS FOR ADJUSTMENT, AND RECOMEND APPROVAL OF FORM FOR SUBMISSION.
IRS990ScheduleO/GeneralExplanation/Explanation5ANNUAL PROCESS OF SELECTION AND APPOINTMENT INCLUDES FULL DISCLOSURE OF ANY POSSIBLE CONFLICT OF INTEREST.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION RECEIVES OVER 90% OF ITS OPERATING RESOURCES FROM TUITION AND OTHER SERVICES PROVIDED FOR BY THE ENROLLED STUDENTS' PARENTS/GUARDIANS. THE SCHOOL RECEIVES SOME BENEFITS FROM TITLE II FOR PROFESSIONAL DEVELOPMENT SUPPORT AND ALSO FROM PLYMOUTH/CANTON SCHOOL DISTRICT'S TIMESHARE PROGRAM - NO ACTUAL MONETARY FUNDS ARE EXCHANGED IN LIEU OF THESE SERVICES. FORM 990 IS PUBLICLY AVAILABLE THROUGH INDEPENDENT, EXTERNAL SOURCES, SUCH AS GUIDESTAR. A COPY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Identifier0ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/Identifier1ALL OTHER ACCOMPLISHMENT DESCRIPTION
IRS990ScheduleO/GeneralExplanation/Identifier2RELATED PARTY INFORMATION AMONG OFFICERS
IRS990ScheduleO/GeneralExplanation/Identifier3ELECTION OF MEMBERS AND THEIR RIGHTS
IRS990ScheduleO/GeneralExplanation/Identifier4ORGANIZATION'S PROCESS USED TO REVIEW FORM 990
IRS990ScheduleO/GeneralExplanation/Identifier5ENFORCEMENT OF CONFLICTS POLICY
IRS990ScheduleO/GeneralExplanation/Identifier6GOVERNING DOCUMENTS DISCLOSURE EXPLANATION
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/ScheduleORequired0true
IRS990/School0true
IRS990/SignificantChange0false
IRS990/SignificantNewProgramServices0false
IRS990/StateLegalDomicile0MI
IRS990/SubjectToProxyTax0false
IRS990/TaxablePartyNotification0false
IRS990/TaxExemptBonds0false
IRS990/TemporarilyRestrictedNetAssets/BOY05760
IRS990/TemporarilyRestrictedNetAssets/EOY02300
IRS990/Terminated0false
IRS990/TermOrPermanentEndowments0false
IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1040440 PALMER ROAD
IRS990/TheBooksAreInCareOf/AddressUS/City0CANTON
IRS990/TheBooksAreInCareOf/AddressUS/State0MI
IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode048188
IRS990/TheBooksAreInCareOf/NamePerson0ANEES HAFEEZ
IRS990/TheBooksAreInCareOf/TelephoneNumber07347291000
IRS990/TotalAssets/BOY09784364
IRS990/TotalAssetsBOY09784364
IRS990/TotalAssets/EOY010638138
IRS990/TotalAssetsEOY010638138
IRS990/TotalCompGT150K0false
IRS990/TotalContributions0279311
IRS990/TotalExpensesCurrentYear03138271
IRS990/TotalExpensesPriorYear02765291
IRS990/TotalFunctionalExpenses/Fundraising00
IRS990/TotalFunctionalExpenses/ManagementAndGeneral0444103
IRS990/TotalFunctionalExpenses/ProgramServices02694168
IRS990/TotalFunctionalExpenses/Total03138271
IRS990/TotalFundrsngExpCurrentYear00
IRS990/TotalGrossUBI00
IRS990/TotalLiabilities/BOY05613187
IRS990/TotalLiabilitiesBOY05613187
IRS990/TotalLiabilities/EOY06442354
IRS990/TotalLiabilitiesEOY06442354
IRS990/TotalLiabNetAssetsFundBalances/BOY09784364
IRS990/TotalLiabNetAssetsFundBalances/EOY010638138
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers0100
IRS990/TotalNetAssetsFundBalances/BOY04171177
IRS990/TotalNetAssetsFundBalances/EOY04195784
IRS990/TotalOtherRevenue03589
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense02694168
IRS990/TotalProgramServiceRevenue02879808
IRS990/TotalRevenueCurrentYear03162878
IRS990/TotalRevenuePriorYear02872848
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome02883567
IRS990/TotalRevenue/TotalRevenueColumn03162878
IRS990/TransfersToExemptNonChrtblOrg0false
IRS990/TypeOfOrganizationCorporation0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.91$2.91$6.00$4.13$4.06$0.07
2023Detailed filing. Detailed filing data is available for this year.$9.60$3.44$6.16$3.35$3.47$0.12
2022Detailed filing. Detailed filing data is available for this year.$10.7$4.37$6.30$3.72$3.02$0.70
2021Detailed filing. Detailed filing data is available for this year.$9.98$4.64$5.34$2.70$2.87$0.17
2020Detailed filing. Detailed filing data is available for this year.$9.98$4.47$5.50$3.33$3.03$0.30
2019Detailed filing. Detailed filing data is available for this year.$10.3$4.90$5.40$3.38$3.12$0.25
2018Detailed filing. Detailed filing data is available for this year.$10.1$4.93$5.14$3.18$2.92$0.25
2017Detailed filing. Detailed filing data is available for this year.$10.2$5.27$4.89$3.43$2.93$0.50
2016Detailed filing. Detailed filing data is available for this year.$9.78$5.40$4.39$2.97$2.87$0.10
2015Detailed filing. Detailed filing data is available for this year.$10.1$5.80$4.29$3.20$3.10$0.10
2014Detailed filing. Detailed filing data is available for this year.$10.3$6.13$4.19$3.24$3.25$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$6.44$4.20$3.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.78$5.61$4.17$2.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.71$5.65$4.06$2.70
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.65$5.62$4.03$2.57