Civic Intelligence

Agc Educational Endowment Fund

990 • Fiscal year 2017 • EIN 34-6480126

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 09, 2018

Organization ProfileWWW.AGCMICHIGAN.ORG
2323 N Larch StreetLansing, MI 48906

(517) 371-1550

Siviq Scores

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

Liabilities / Assets

51st percentile

0.04x

Higher debt load relative to assets than 51% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.55x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

96th percentile

70%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

75th percentile

17%

Faster asset growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

11%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$974,239

Up $140,331 (+17%) from 2016

Net Assets

Up

$935,508

Up $124,141 (+15%) from 2016

Liabilities

Up

$38,731

Up $16,190 (+72%) from 2016

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin96th percentile

Revenue

Up

$71,009

Up $7,147 (+11%) from 2016

Expenses

Down

$21,122

Down $6,471 (-23%) from 2016

Net Income

Up

$49,887

Up $13,618 (+38%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $493,586Liabilities 2011: $1,090Net Assets 2011: $492,4962011Assets 2014: $719,108Liabilities 2014: $8,358Net Assets 2014: $710,7502014Assets 2015: $754,181Liabilities 2015: $15,840Net Assets 2015: $738,3412015Assets 2016: $833,908Liabilities 2016: $22,541Net Assets 2016: $811,3672016Assets 2017: $974,239Liabilities 2017: $38,731Net Assets 2017: $935,5082017Assets 2018: $961,605Liabilities 2018: $35,920Net Assets 2018: $925,6852018Assets 2019: $1,106,721Liabilities 2019: $79,615Net Assets 2019: $1,027,1062019Assets 2020: $1,204,114Liabilities 2020: $110,489Net Assets 2020: $1,093,6252020Assets 2021: $1,347,260Liabilities 2021: $114,253Net Assets 2021: $1,233,0072021Assets 2022: $1,209,447Liabilities 2022: $141,713Net Assets 2022: $1,067,7342022Assets 2024: $1,536,699Liabilities 2024: $278,831Net Assets 2024: $1,257,8682024

Highlighted filing

2017

Assets$974,239
Liabilities$38,731
Net Assets$935,508
Open 2017 Filing

Operations Trend

Revenue Growth61st percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $43,379Expenses 2011: $18,500Net Income 2011: $24,8792011Revenue 2014: $54,581Expenses 2014: $35,095Net Income 2014: $19,4862014Revenue 2015: $65,665Expenses 2015: $27,811Net Income 2015: $37,8542015Revenue 2016: $63,862Expenses 2016: $27,593Net Income 2016: $36,2692016Revenue 2017: $71,009Expenses 2017: $21,122Net Income 2017: $49,8872017Revenue 2018: $41,014Expenses 2018: $17,500Net Income 2018: $23,5142018Revenue 2019: $41,432Expenses 2019: $46,500Net Income 2019: -$5,0682019Revenue 2020: $37,267Expenses 2020: $47,200Net Income 2020: -$9,9332020Revenue 2021: $63,295Expenses 2021: $55,545Net Income 2021: $7,7502021Revenue 2022: $40,571Expenses 2022: $54,997Net Income 2022: -$14,4262022Revenue 2024: $63,790Expenses 2024: $125,797Net Income 2024: -$62,0072024

Highlighted filing

2017

Revenue$71,009
Expenses$21,122
Net Income$49,887
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 9, 2018
Return Version
2017v2.3
Gross Receipts
$82,549
Mission and Program Overview

Mission

Formed for the purpose of establishing a scholarship fund for students who are pursuing college, university, technical, or similar advanced education and training related to architectural, engineering, or construction trades.

Scholarships given to qualified students to help with college tuition.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$627,356$692,055▲ $64,699
Cash and Non-Interest-Bearing Accounts$206,552$272,683▲ $66,131
Accounts Receivable-$9,501-
Total Assets$833,908$974,239▲ $140,331
Liabilities
Other Liabilities$22,541$38,271▲ $15,730
Deferred Revenue-$460-
Total Liabilities$22,541$38,731▲ $16,190
Net Assets / Fund Balance
Permanently Rstr Net Assets$714,729$765,739▲ $51,010
Temporarily Rstr Net Assets$194,805$267,936▲ $73,131
Unrestricted Net Assets$-98,167$-98,167→ $0
Total Net Assets Fund Balance$811,367$935,508▲ $124,141
Total Liabilities and Net Assets / Fund Balance$833,908$974,239▲ $140,331

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$692,055--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$909,534$51,010▲ $94,131-$1,033,675
2016$826,508$43,248▲ $57,278-$909,534
2015$788,917$47,776▲ $7,315-$826,508
2014$691,750$56,944▲ $55,223-$788,917
2013$589,964$47,268▲ $89,518-$691,750
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Damian HillPresident
Chad RiehlDirector
George KerverDirector
Jennifer Sulak-brownDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$11,800
Program Service Revenue
$0
Investment Income
$19,999
Other Revenue
$39,210
All Other Contributions
$11,800
Change in Net Assets
$49,887
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$21,000
Other Expenses$122
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$21,000--$21,000
Office Expenses$122--$122
Total Functional Expenses$21,122$0$0$21,122
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$50,750
Fundraising Direct Expenses$11,540
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
August Golf Outing$26,900$26,900$512$26,388
June Golf Outing$23,850$23,850$530$23,320
Total Events$50,750$50,750$11,540$39,210
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Intercompany Payable$38,271
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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 11B

“A draft of form 990 is provided to the trustees for review prior to filing.”

Form 990, Part VI, Section C, Line 19

“The financial statements are available to the public upon request only.”

Filing and Contact Details

Filer

Filer Name
Agc Educational Endowment Fund
EIN
34-6480126
Phone
5173711550
Address
2323 N LARCH STREET, LANSING, MI 48906

Signing Officer

Name
Damian Hill
Title
CEO/president
Phone
5173711550
Signed
2018-07-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Damian Hill
Formed
1984
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Doeren Mayhew
Address
305 WEST BIG BEAVER ROAD, TROY, MI 48084
Preparer
Patrick D Fuelling CPA
Phone
2482443000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The organization has a committee that assumes the responsibility for the oversight of the audit of its financial statements and selection of an independent accountant.”

Financial Statement Notes

PART V, LINE 4:

“The educational fund is a trust fund under which the earnings are used for scholarships given to promote the construction industry.”

PART X, LINE 2:

“The association is incorporated under the laws of the state of michigan as a not-for-profit corporation. The association is exempt from federal income taxes under section 501(c)(6) of the internal revenue code and is, therefore, subject to income taxes only on income sources not directly related to its exempt purpose. The agc educational fund is a separate entity granted tax-exempt status under section 501(c)(3) of the internal revenue code. This is a trust fund under which the earnings are used for scholarships given to promote the construction industry. Accounting principles generally accepted in the united states of america clarify the accounting and recognition for income tax positions taken or expected to be taken in the association's income tax returns. The association's income tax filings are subject to audit by various taxing authorities. The association's open audit periods are 2014 - 2017.”

Raw XML AppendixShowing 400 of 401 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/EOYAmt09501
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SCHOLARSHIPS GIVEN TO QUALIFIED STUDENTS TO HELP WITH COLLEGE TUITION.
IRS990/AllOtherContributionsAmt011800
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAMIAN HILL
IRS990/BooksInCareOfDetail/PhoneNum05173711550
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02323 N LARCH ST
IRS990/BooksInCareOfDetail/USAddress/CityNm0LANSING
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048906
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0206552
IRS990/CashNonInterestBearingGrp/EOYAmt0272683
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt011800
IRS990/CYGrantsAndSimilarPaidAmt021000
IRS990/CYInvestmentIncomeAmt019999
IRS990/CYOtherExpensesAmt0122
IRS990/CYOtherRevenueAmt039210
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt049887
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt021122
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt071009
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/EOYAmt0460
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SCHOLARSHIPS GIVEN TO QUALIFIED STUDENTS TO HELP WITH THEIR EDUCATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt021122
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0CHAD RIEHL
IRS990/Form990PartVIISectionAGrp/PersonNm1JENNIFER SULAK-BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm2GEORGE KERVER
IRS990/Form990PartVIISectionAGrp/PersonNm3DAMIAN HILL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt011540
IRS990/FundraisingGrossIncomeAmt050750
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantAmt021000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt021000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt021000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt082549
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt019999
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019999
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0627356
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0692055
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FORMED FOR THE PURPOSE OF ESTABLISHING A SCHOLARSHIP FUND FOR STUDENTS WHO ARE PURSUING COLLEGE, UNIVERSITY, TECHNICAL, OR SIMILAR ADVANCED EDUCATION AND TRAINING RELATED TO ARCHITECTURAL, ENGINEERING, OR CONSTRUCTION TRADES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0811367
IRS990/NetAssetsOrFundBalancesEOYAmt0935508
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt039210
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt039210
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt074254
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0122
IRS990/OfficeExpensesGrp/TotalAmt0122
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt022541
IRS990/OtherLiabilitiesGrp/EOYAmt038271
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0714729
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0765739
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DAMIAN HILL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012685
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt017500
IRS990/PYInvestmentIncomeAmt020614
IRS990/PYOtherExpensesAmt010093
IRS990/PYOtherRevenueAmt030563
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt036269
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt027593
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt063862
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt049887
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt014528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt04750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt055963
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt020614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt017889
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt017637
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016029
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt092168
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0301040
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.37780
IRS990ScheduleA/PublicSupportPY170Pct00.37100
IRS990ScheduleA/PublicSupportTotal170Amt055963
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt014528
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt04750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012200
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt055963
IRS990ScheduleA/TotalSupportAmt0148131
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0909534
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt051010
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01033675
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt021000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt094131
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0826508
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt043248
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0909534
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt017500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt057278
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0788917
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt047776
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0826508
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt017500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07315
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0691750
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt056944
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0788917
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt015000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055223
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0589964
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt047268
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0691750
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt035000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt089518
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt038271
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0692055
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MARKETABLE SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.74080
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE EDUCATIONAL FUND IS A TRUST FUND UNDER WHICH THE EARNINGS ARE USED FOR SCHOLARSHIPS GIVEN TO PROMOTE THE CONSTRUCTION INDUSTRY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS INCORPORATED UNDER THE LAWS OF THE STATE OF MICHIGAN AS A NOT-FOR-PROFIT CORPORATION. THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, SUBJECT TO INCOME TAXES ONLY ON INCOME SOURCES NOT DIRECTLY RELATED TO ITS EXEMPT PURPOSE. THE AGC EDUCATIONAL FUND IS A SEPARATE ENTITY GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THIS IS A TRUST FUND UNDER WHICH THE EARNINGS ARE USED FOR SCHOLARSHIPS GIVEN TO PROMOTE THE CONSTRUCTION INDUSTRY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA CLARIFY THE ACCOUNTING AND RECOGNITION FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE ASSOCIATION'S INCOME TAX RETURNS. THE ASSOCIATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE ASSOCIATION'S OPEN AUDIT PERIODS ARE 2014 - 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.25920
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0692055
IRS990ScheduleD/TotalLiabilityAmt038271
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011540
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0JUNE GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0AUGUST GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt023850
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt026900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt050750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023850
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt026900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt050750
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt039210
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt01774
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt03274
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01042
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0530
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0512
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt03356
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt03868
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07224
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt021000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR STUDENTS PURSUING AN EDUCATION AND TRAINING RELATED TO ARCH
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt06
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIP RECIPIENTS ARE SELECTED ON THE BASIS OF ACADEMIC PERFORMANCE, EXTRACURRICULAR ACTIVITIES, EMPLOYMENT EXPERIENCE, FINANCIAL NEED, AND A DEMONSTRATED INTEREST IN A CONSTRUCTION INDUSTRY CAREER. APPLICATIONS ARE REVIEWED BY THE BOARD OF TRUSTEES OF THE AGC EDUCATIONAL ENDOWMENT FUND. FINALISTS ARE SELECTED IN FEBRUARY EACH YEAR. SCHOLARSHIP MONIES WILL BE AWARDED TO THE UNIVERSITY THE STUDENT ATTENDS IN AUGUST.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF FORM 990 IS PROVIDED TO THE TRUSTEES FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST ONLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MICHIGAN ASSOCIATION OF CONSTRUCTORS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381237235
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(6)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HELP EMPLOYERS DEVELOP & MAINTAIN HIGH STANDARDS OF ETHICS & PRACTICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02323 N LARCH STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LANSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048906
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0194805
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0267936
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0833908
IRS990/TotalAssetsEOYAmt0974239
IRS990/TotalAssetsGrp/BOYAmt0833908
IRS990/TotalAssetsGrp/EOYAmt0974239
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt011800
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt021122
IRS990/TotalFunctionalExpensesGrp/TotalAmt021122
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt022541
IRS990/TotalLiabilitiesEOYAmt038731
IRS990/TotalLiabilitiesGrp/BOYAmt022541
IRS990/TotalLiabilitiesGrp/EOYAmt038731
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0811367
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0935508
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt021122
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt059209
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071009
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0833908
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0974239
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-98167
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-98167
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02323 N LARCH STREET
IRS990/USAddress/CityNm0LANSING
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048906
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.AGCMICHIGAN.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAMIAN HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CEO/PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05173711550
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0AGC EDUCATIONAL ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0AGCE
ReturnHeader/Filer/EIN0346480126
ReturnHeader/Filer/PhoneNum05173711550
ReturnHeader/Filer/USAddress/AddressLine1Txt02323 N LARCH STREET
ReturnHeader/Filer/USAddress/CityNm0LANSING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048906
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0F8C07BA9A7625C68E8F5EF94D2751B414D792158
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt040.141.134.7
ReturnHeader/FilingSecurityInformation/IPDt02018-07-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:47:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382492570
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DOEREN MAYHEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0305 WEST BIG BEAVER ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TROY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048084
ReturnHeader/PreparerPersonGrp/PhoneNum02482443000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK D FUELLING CPA
ReturnHeader/ReturnTs02018-07-30T13:01:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$974,239
Liabilities
$38,731
Net assets
$935,508
Revenue
$71,009
Expenses
$21,122
Net income
$49,887
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.28$1.26$0.06$0.13$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.14$1.07$0.04$0.05$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.11$1.23$0.06$0.06$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$0.11$1.09$0.04$0.05$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.08$1.03$0.04$0.05$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.04$0.93$0.04$0.02$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.04$0.94$0.07$0.02$0.05
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.02$0.81$0.06$0.03$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.02$0.74$0.07$0.03$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$0.05$0.04$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.04$0.02$0.02