Civic Intelligence

Great Lakes Foundation

990 • Fiscal year 2017 • EIN 36-3843113

Oct 01, 2016 to Sep 30, 2017 • Filed on Oct 13, 2017

405 Water Street Suite 101Port Huron, MI 48060

(810) 984-4500

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

11th percentile

-33%

Higher net margin than 11% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

60th percentile

8.6%

Faster asset growth than 60% of similar nonprofits.

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

Revenue Growth

61st percentile

8.8%

Faster revenue growth than 61% of similar nonprofits.

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

Assets

Up

$349,419

Up $27,576 (+8.6%) from 2016

Net Assets

Up

$349,419

Up $27,576 (+8.6%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$17,904

Up $1,446 (+8.8%) from 2016

Expenses

Up

$23,857

Up $11,939 (+100%) from 2016

Net Income

Down

-$5,953

Down $10,493 (-231%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $276,324Liabilities 2012: $0Net Assets 2012: $276,3242012Assets 2013: $288,319Liabilities 2013: $600Net Assets 2013: $287,7192013Assets 2014: $307,772Liabilities 2014: $0Net Assets 2014: $307,7722014Assets 2015: $300,873Liabilities 2015: $0Net Assets 2015: $300,8732015Assets 2016: $321,843Liabilities 2016: $0Net Assets 2016: $321,8432016Assets 2017: $349,419Liabilities 2017: $0Net Assets 2017: $349,4192017Assets 2018: $385,713Liabilities 2018: $0Net Assets 2018: $385,7132018Assets 2019: $403,078Liabilities 2019: $0Net Assets 2019: $403,0782019Assets 2020: $458,373Liabilities 2020: $0Net Assets 2020: $458,3732020Assets 2021: $507,007Liabilities 2021: $0Net Assets 2021: $507,0072021Assets 2022: $412,356Liabilities 2022: $0Net Assets 2022: $412,3562022Assets 2023: $454,771Liabilities 2023: $0Net Assets 2023: $454,7712023Assets 2024: $536,557Liabilities 2024: $0Net Assets 2024: $536,5572024Assets 2025: $565,098Liabilities 2025: $0Net Assets 2025: $565,0982025

Highlighted filing

2017

Assets$349,419
Liabilities$0
Net Assets$349,419

Operations Trend

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

$60K$40K$20K$0-$20K-$40KExpenses 2012: $20,1082012Expenses 2013: $17,4392013Revenue 2014: $11,155Expenses 2014: $10,822Net Income 2014: $3332014Revenue 2015: $14,220Expenses 2015: $9,152Net Income 2015: $5,0682015Revenue 2016: $16,458Expenses 2016: $11,918Net Income 2016: $4,5402016Revenue 2017: $17,904Expenses 2017: $23,857Net Income 2017: -$5,9532017Revenue 2018: $18,187Expenses 2018: $14,865Net Income 2018: $3,3222018Revenue 2019: $15,324Expenses 2019: $20,208Net Income 2019: -$4,8842019Revenue 2020: $19,901Expenses 2020: $7,409Net Income 2020: $12,4922020Revenue 2021: $25,255Expenses 2021: $42,877Net Income 2021: -$17,6222021Revenue 2022: $28,547Expenses 2022: $47,409Net Income 2022: -$18,8622022Revenue 2023: $26,232Expenses 2023: $33,976Net Income 2023: -$7,7442023Revenue 2024: $29,385Expenses 2024: $49,853Net Income 2024: -$20,4682024Revenue 2025: $19,262Expenses 2025: $33,312Net Income 2025: -$14,0502025

Highlighted filing

2017

Revenue$17,904
Expenses$23,857
Net Income-$5,953
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Oct 13, 2017
Return Version
2016v3.0
Gross Receipts
$17,904
Mission and Program Overview

Mission

Promotion of boating safety and sharing of information regarding cruising the great lakes.

SEE ATTACHED.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$321,843$349,419▲ $27,576
Investments in Publicly Traded Securities$305,583$331,196▲ $25,613
Savings and Temporary Cash Investments$16,260$17,223▲ $963
Accounts Receivable-$1,000-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$321,843$349,419▲ $27,576
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$321,843$349,419▲ $27,576
Total Liabilities and Net Assets / Fund Balance$321,843$349,419▲ $27,576
Compensation and Service Providers

Board Members and Trustees

NameTitle
Niels R JensenPresident
Charles E MeadVice-president
E Philip DoolittleSecretary
James RichlakTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,640
Program Service Revenue
$0
Investment Income
$7,264
Other Revenue
$0
All Other Contributions
$10,640
Change in Net Assets
$-5,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$17,000
Other Expenses$6,857
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$17,000--$17,000
Occupancy$5,400$600-$6,000
Fees for Services Legal-$794-$794
Other Expenses-$18-$18
Total Functional Expenses$22,400$1,457$0$23,857
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Leland TownshipLake Leelanau, MIGovernmental UnitDredging of the Federal Channel at Leland Township Harbor.$10,000
Noble Odyssey FoundationWhite Lake, MI501(c)(3)Purchase of Avon Rescue Rib Vessel.$5,000
University of Wisconsin-milwaukee FoundationMilwaukee, WI501(c)(3)Scholarship to School of Freshwater Sciences.$2,000
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
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 11B

The form 990 is reviewed by the treasurer of the board of directors.

Form 990, Part VI, Section C, Line 19

Form 990 and other documents are available for public inspection, upon request, at the office of the great lakes foundation.

Filing and Contact Details

Filer

Filer Name
Great Lakes Foundation
EIN
36-3843113
Phone
8109844500
Address
405 WATER STREET SUITE 101, PORT HURON, MI 48060

Signing Officer

Name
James Richlak
Title
Treasurer
Phone
8109844500
Signed
2017-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Niels R Jensen
Formed
1993
Legal Domicile
Mi
Voting Board Members
27
Independent Board Members
27
Employees
0
Volunteers
27

Preparer

Firm
Frohm Kelley Butler & Ryan Pc
Address
333 FORT STREET, PORT HURON, MI 48060
Preparer
Dorothy Bergquist
Phone
8109872727
Raw XML Appendix360 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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IRS990ScheduleI/RecipientTable/IRCSectionDesc2GOVERNMENTAL UNIT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP TO SCHOOL OF FRESHWATER SCIENCES.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PURCHASE OF AVON RESCUE RIB VESSEL.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2DREDGING OF THE FEDERAL CHANNEL AT LELAND TOWNSHIP HARBOR.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE TREASURER OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 AND OTHER DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION, UPON REQUEST, AT THE OFFICE OF THE GREAT LAKES FOUNDATION.
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01457
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022400
IRS990/TotalFunctionalExpensesGrp/TotalAmt023857
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0321843
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0349419
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt022400
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07264
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt017904
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt027
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0321843
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0349419
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd01
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0405 WATER STREET
IRS990/USAddress/CityNm0PORT HURON
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048060
IRS990/VotingMembersGoverningBodyCnt027
IRS990/VotingMembersIndependentCnt027
IRS990/WebsiteAddressTxt0WWW.GLCCLUB.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES RICHLAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08109844500
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREAT LAKES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0363843113
ReturnHeader/Filer/PhoneNum08109844500
ReturnHeader/Filer/USAddress/AddressLine1Txt0405 WATER STREET SUITE 101
ReturnHeader/Filer/USAddress/CityNm0PORT HURON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048060
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E44429FFA5D040F9D0E74BFAFF2D232EB836B80C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E44429FFA5D040F9D0E74BFAFF2D232EB836B80C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.151.29.65
ReturnHeader/FilingSecurityInformation/IPDt02017-10-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:31:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382488938
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FROHM KELLEY BUTLER & RYAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0333 FORT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORT HURON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048060
ReturnHeader/PreparerPersonGrp/PhoneNum08109872727
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOROTHY BERGQUIST
ReturnHeader/ReturnTs02017-11-28T08:16:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.65$0.00$5.65$0.19$0.33$0.14
2024Detailed filing. Detailed filing data is available for this year.$5.37$0.00$5.37$0.29$0.50$0.20
2023Detailed filing. Detailed filing data is available for this year.$4.55$0.00$4.55$0.26$0.34$0.08
2022Detailed filing. Detailed filing data is available for this year.$4.12$0.00$4.12$0.29$0.47$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.07$0.00$5.07$0.25$0.43$0.18
2020Detailed filing. Detailed filing data is available for this year.$4.58$0.00$4.58$0.20$0.07$0.12
2019Detailed filing. Detailed filing data is available for this year.$4.03$0.00$4.03$0.15$0.20$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.86$0.00$3.86$0.18$0.15$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$0.18$0.24$0.06
2016Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$0.16$0.12$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.01$0.00$3.01$0.14$0.09$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$0.11$0.11$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.01$2.88$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.00$2.76$0.20