Civic Intelligence

Legacy Scholars Program

990 • Fiscal year 2014 • EIN 34-2039472

Apr 01, 2013 to Mar 31, 2014 • Filed on Jul 24, 2014

34 W Jackson St One RiverwalkCentre49017

(269) 962-2181

Siviq Scores

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

Liabilities / Assets

80th percentile

0.15x

Higher debt load relative to assets than 80% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

76th percentile

0.05x

Higher debt load relative to revenue than 76% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

4th percentile

-102%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

4th percentile

-74%

Faster asset growth than 4% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$50,312

Down $397,735 (-89%) from 2012

Net Assets

Down

$42,556

Down $403,734 (-90%) from 2012

Liabilities

Up

$7,756

Up $5,999 (+341%) from 2012

Revenue

$145,354

No earlier filing loaded for comparison.

Expenses

Down

$293,690

Down $96,620 (-25%) from 2012

Net Income

-$148,336

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.

$600K$400K$200K$0Assets 2011: $112,217Liabilities 2011: $10,464Net Assets 2011: $101,7532011Assets 2012: $448,047Liabilities 2012: $1,757Net Assets 2012: $446,2902012Assets 2014: $50,312Liabilities 2014: $7,756Net Assets 2014: $42,5562014Assets 2015: $9,086Liabilities 2015: $2,780Net Assets 2015: $6,3062015Assets 2016: $227,286Liabilities 2016: $6,060Net Assets 2016: $221,2262016Assets 2018: $24,846Liabilities 2018: $16,520Net Assets 2018: $8,3262018Assets 2019: $233,608Liabilities 2019: $8,876Net Assets 2019: $224,7322019Assets 2020: $60,014Liabilities 2020: $7,058Net Assets 2020: $52,9562020Assets 2021: $45,804Liabilities 2021: $18,907Net Assets 2021: $26,8972021Assets 2022: $78,159Liabilities 2022: $16,403Net Assets 2022: $61,7562022Assets 2025: $181,686Liabilities 2025: $21,912Net Assets 2025: $159,7742025

Highlighted filing

2014

Assets$50,312
Liabilities$7,756
Net Assets$42,556

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $376,8942011Expenses 2012: $390,3102012Revenue 2014: $145,354Expenses 2014: $293,690Net Income 2014: -$148,3362014Revenue 2015: $157,363Expenses 2015: $193,613Net Income 2015: -$36,2502015Revenue 2016: $420,107Expenses 2016: $205,187Net Income 2016: $214,9202016Revenue 2018: $237,749Expenses 2018: $264,622Net Income 2018: -$26,8732018Revenue 2019: $459,370Expenses 2019: $242,964Net Income 2019: $216,4062019Revenue 2020: $114,152Expenses 2020: $285,928Net Income 2020: -$171,7762020Revenue 2021: $263,250Expenses 2021: $289,309Net Income 2021: -$26,0592021Revenue 2022: $268,999Expenses 2022: $234,140Net Income 2022: $34,8592022Revenue 2025: $344,615Expenses 2025: $493,502Net Income 2025: -$148,8872025

Highlighted filing

2014

Revenue$145,354
Expenses$293,690
Net Income-$148,336
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Jul 24, 2014
Return Version
2013v3.0
Gross Receipts
$145,354
Mission and Program Overview

Mission

To provide educational, emotional, social, and financial support and opportunities for battle creek public and lakeview school district students to graduate from high school and obtain a college degree or certificate.

Youth mentoring and scholarship program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$192,516$49,088▼ $143,428
Prepaid Expenses and Deferred Charges$1,560$1,224▼ $336
Total Assets$194,076$50,312▼ $143,764
Liabilities
Accounts Payable and Accrued Expenses$3,184$7,756▲ $4,572
Total Liabilities$3,184$7,756▲ $4,572
Net Assets / Fund Balance
Temporarily Rstr Net Assets$190,892$42,556▼ $148,336
Total Net Assets Fund Balance$190,892$42,556▼ $148,336
Total Liabilities and Net Assets / Fund Balance$194,076$50,312▼ $143,764
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$145,128
Program Service Revenue
$0
Investment Income
$226
Other Revenue
$0
All Other Contributions
$15,128
Change in Net Assets
$-148,336

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,354
Revenue Not Reported on Financial Statements
$131,000
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$131,000
Total Revenue per Audited Statements
$14,354
Total Revenue per Form 990
$145,354
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$232,690
Grants and Similar Amounts Paid$61,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$61,000--$61,000
Fees for Services Other$37,400--$37,400
Fees for Services Management$30,000--$30,000
Advertising$22,300--$22,300
Office Expenses$1,721--$1,721
Other Expenses$1,020--$1,020
Travel$662--$662
Conferences and Meetings$109--$109
Information Technology$55--$55
Fees for Service Investment Mgmnt Fees$8--$8
Total Functional Expenses$293,690$0$0$293,690

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$293,690
Expenses per Audited Statements$263,690
Total Expenses per Audited Statements$263,690
Expenses Not Reported on Financial Statements$30,000
Other Expense Adjustments$30,000
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
38-6000746-School DistrictInterior Staffing (bccan) Within Battle Creek Public Schools - Pilot Project.$55,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
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 management of the battle creek community foundation. A copy of the form 990 is sent via email to each member of the board before filing the return with the irs.

Form 990, Part VI, Section B, Line 12C

Legacy scholars consistently monitors its conflict of interest policy by ensuring new board members complete and sign a conflict of interest statement and complete the full disclosure policy.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
34-2039472
Phone
2699622181

Signing Officer

Name
Dennis Bona
Title
Board President
Phone
2699622181
Signed
2014-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Bona
Formed
2005
Legal Domicile
Mi
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Preparer
Kerry J Nelson CPA
Phone
6169754100
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 37,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,400.

FORM 990, PART XII, LINE 2C:

The process for selecting and overseeing the work of the independent auditor has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The organization has evaluated its income tax filing positions for fiscal years 2010 through 2013, the years which remain subject to examination as of march 31, 2014. The organization concluded that there are no significant uncertain tax positions requiring recognition in the organization's financial statements. The organization does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The organization does not have any amounts accrued for interest and penalties related to utbs at march 31, 2014 or 2013, and is not aware of any claims for such amounts by federal or state income tax authorities.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Interfund contribution 131,000.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Interfund management fee 30,000.

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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/PYTotalExpensesAmt0288010
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt032612
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-148336
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0130000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0382045459
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc08
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10BATTLE CREEK COMMUNITY FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
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/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt030000
IRS990ScheduleD/ExpensesSubtotalAmt0263690
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesNotIncludedAmt030000
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0131000
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0131000
IRS990ScheduleD/RevenueSubtotalAmt014354
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2010 THROUGH 2013, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF MARCH 31, 2014. THE ORGANIZATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT MARCH 31, 2014 OR 2013, AND IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTERFUND CONTRIBUTION 131,000.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INTERFUND MANAGEMENT FEE 30,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0293690
IRS990ScheduleD/TotalRevenuePerForm990Amt0145354
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014354
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0263690
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt055000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0INTERIOR STAFFING (BCCAN) WITHIN BATTLE CREEK PUBLIC SCHOOLS - PILOT PROJECT.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10BATTLE CREEK PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0386000746
IRS990ScheduleI/RecipientTable/USAddress/AddressLine103 W VAN BUREN STREET
IRS990ScheduleI/RecipientTable/USAddress/City0BATTLE CREEK
IRS990ScheduleI/RecipientTable/USAddress/State0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode049017
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MONITORED THROUGH THE ESTABLISHMENT AND TRACKING OF ANNUAL GOALS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE MANAGEMENT OF THE BATTLE CREEK COMMUNITY FOUNDATION. A COPY OF THE FORM 990 IS SENT VIA EMAIL TO EACH MEMBER OF THE BOARD BEFORE FILING THE RETURN WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LEGACY SCHOLARS CONSISTENTLY MONITORS ITS CONFLICT OF INTEREST POLICY BY ENSURING NEW BOARD MEMBERS COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT AND COMPLETE THE FULL DISCLOSURE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 37,400. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 37,400.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR SELECTING AND OVERSEEING THE WORK OF THE INDEPENDENT AUDITOR HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10BATTLE CREEK COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0382045459
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COMMUNITY FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 8
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1034 W JACKSON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0BATTLE CREEK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode049017
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0130000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10BATTLE CREEK COMMUNITY FOUNDATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0190892
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt042556
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0194076
IRS990/TotalAssetsEOYAmt050312

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