Civic Intelligence

Finlandia University

990 • Fiscal year 2014 • EIN 38-1359570

Jul 01, 2013 to Jun 30, 2014 • Filed on Sep 23, 2014

601 Quincy StreetBloomfld Hls, MI 49930

(906) 487-7231

Siviq Scores

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

Liabilities / Assets

65th percentile

0.45x

Higher debt load relative to assets than 65% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

75th percentile

0.95x

Higher debt load relative to revenue than 75% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

16th percentile

-5.8%

Higher net margin than 16% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

16th percentile

$123,577

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

37th percentile

1.4%

Faster asset growth than 37% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

20th percentile

-6.5%

Faster revenue growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Assets

Up

$30,088,850

Up $417,446 (+1.4%) from 2013

Net Assets

Down

$16,659,248

Down $813,877 (-4.7%) from 2013

Liabilities

Up

$13,429,602

Up $1,231,323 (+10%) from 2013

Revenue

Down

$14,115,728

Down $980,496 (-6.5%) from 2013

Expenses

Up

$14,929,605

Up $107,421 (+0.7%) from 2013

Net Income

Down

-$813,877

Down $1,087,917 (-397%) from 2013

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $24,098,363Liabilities 2010: $9,474,652Net Assets 2010: $14,623,7112010Assets 2011: $26,091,401Liabilities 2011: $9,566,037Net Assets 2011: $16,525,3642011Assets 2012: $28,930,855Liabilities 2012: $11,731,770Net Assets 2012: $17,199,0852012Assets 2013: $29,671,404Liabilities 2013: $12,198,279Net Assets 2013: $17,473,1252013Assets 2014: $30,088,850Liabilities 2014: $13,429,602Net Assets 2014: $16,659,2482014Assets 2015: $32,493,055Liabilities 2015: $15,321,076Net Assets 2015: $17,171,9792015Assets 2016: $34,451,127Liabilities 2016: $17,736,345Net Assets 2016: $16,714,7822016Assets 2017: $33,386,351Liabilities 2017: $18,447,281Net Assets 2017: $14,939,0702017Assets 2018: $37,372,683Liabilities 2018: $19,027,350Net Assets 2018: $18,345,3332018Assets 2019: $34,753,647Liabilities 2019: $16,713,426Net Assets 2019: $18,040,2212019Assets 2020: $36,458,957Liabilities 2020: $17,728,278Net Assets 2020: $18,730,6792020Assets 2021: $36,184,751Liabilities 2021: $16,954,078Net Assets 2021: $19,230,6732021

Highlighted filing

2014

Assets$30,088,850
Liabilities$13,429,602
Net Assets$16,659,248

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $11,322,6812010Expenses 2011: $13,063,1572011Expenses 2012: $12,340,5572012Revenue 2013: $15,096,224Expenses 2013: $14,822,184Net Income 2013: $274,0402013Revenue 2014: $14,115,728Expenses 2014: $14,929,605Net Income 2014: -$813,8772014Revenue 2015: $14,491,781Expenses 2015: $13,979,050Net Income 2015: $512,7312015Revenue 2016: $14,932,096Expenses 2016: $15,389,293Net Income 2016: -$457,1972016Revenue 2017: $13,043,179Expenses 2017: $14,818,891Net Income 2017: -$1,775,7122017Revenue 2018: $19,008,814Expenses 2018: $14,921,824Net Income 2018: $4,086,9902018Revenue 2019: $15,351,014Expenses 2019: $15,656,126Net Income 2019: -$305,1122019Revenue 2020: $17,015,057Expenses 2020: $16,324,599Net Income 2020: $690,4582020Revenue 2021: $18,081,025Expenses 2021: $17,581,030Net Income 2021: $499,9952021

Highlighted filing

2014

Revenue$14,115,728
Expenses$14,929,605
Net Income-$813,877
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Sep 23, 2014
Return Version
2013v3.1
Gross Receipts
$14,115,728
Mission and Program Overview

Mission

To provide instructional and educational services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,792,886$22,938,487▲ $145,601
Investments in Publicly Traded Securities$4,072,726$4,832,645▲ $759,919
Accounts Receivable$1,443,951$1,145,572▼ $298,379
Loans From Officers Directors$205,400$370,000▲ $164,600
Cash and Non-Interest-Bearing Accounts$448,355$303,082▼ $145,273
Inventories for Sale or Use$268,347$244,744▼ $23,603
Prepaid Expenses and Deferred Charges$105,552$86,147▼ $19,405
Total Assets$29,671,404$30,088,850▲ $417,446
Other Assets Total$539,587$538,173▼ $1,414
Liabilities
Other Liabilities$10,777,467$11,711,240▲ $933,773
Accounts Payable and Accrued Expenses$548,293$532,370▼ $15,923
Deferred Revenue$354,986$521,850▲ $166,864
Grants Payable$312,133$294,142▼ $17,991
Total Liabilities$12,198,279$13,429,602▲ $1,231,323
Net Assets / Fund Balance
Unrestricted Net Assets$9,303,702$7,973,036▼ $1,330,666
Permanently Rstr Net Assets$6,683,145$7,271,163▲ $588,018
Temporarily Rstr Net Assets$1,486,278$1,415,049▼ $71,229
Total Net Assets Fund Balance$17,473,125$16,659,248▼ $813,877
Total Liabilities and Net Assets / Fund Balance$29,671,404$30,088,850▲ $417,446

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,938,487$10,861,993$33,800,480

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$5,931,476----
2013$5,816,751----
2012$6,036,044----
2011$5,582,777----
2010$5,775,072$141,439--$5,916,511
Compensation and Service Providers

Employees

NameTitleBaseTotal
Dr Philip JohnsonPresident$123,577$123,577
Revenue and Support

Revenue Composition

Contributions and Grants
$2,029,435
Program Service Revenue
$10,770,533
Investment Income
$66,780
Other Revenue
$1,248,980
Change in Net Assets
$-813,877

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,115,728
Revenue Not Reported on Form 990
$512,988
Total Revenue per Audited Statements
$14,628,716
Total Revenue per Form 990
$14,115,728
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,740,641
Other Expenses$7,188,964
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,998,132--$5,998,132
All Other Expenses$978,993--$978,993
Other Employee Benefits$906,083--$906,083
Depreciation Depletion$548,528--$548,528
Occupancy$535,910--$535,910
Travel$494,972--$494,972
Payroll Taxes$420,683--$420,683
Pension Plan Contributions$415,743--$415,743
Interest$358,694--$358,694
Fees for Services Other$324,132--$324,132
Insurance$259,435--$259,435
Office Expenses$190,883--$190,883
Other Expenses$143,412--$143,412
Fees for Services Accounting$78,695--$78,695
Fees for Services Management$46,920--$46,920
Conferences and Meetings$37,011--$37,011
Advertising$26,274--$26,274
Fees for Services Legal$9,602--$9,602
Total Functional Expenses$14,929,605$0$0$14,929,605

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$15,524,886
Expenses per Audited Statements$14,929,605
Total Expenses per Form 990$14,929,605
Expenses Not Reported on Form 990$595,281
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$205,400$370,000▲ $164,600
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Notes, Bond, Mortgage Obligations$10,403,526
Accrued Liabilities$1,807,947
Annuities Payable$15,529
Deposits$12,775
Subsidiary Net Assets$-528,537
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 9

The hon. Michael a. Lahti mr. Ronald p. Helman mr. John m. Leinonen mrs. Jane m. Lepisto mr. John j. Perras mr. Eric sauey mrs. Luanne m. Skrenes mr. John h. Stierna mrs. Iola jean vanstrom julie badel lauri isaacson jeanne kemppainen paul knuti allen freis shelby hamar kristin hebrank peter vorhes

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

The board of trustees determines the president's salary. Salary decisions have been linked to recent historical data internally as well as local and cohort comparatives, also taking market factors and internal financial considerations into account. When a change in compensation or any terms of employment is made for the president, the board of trustees sends human resources a copy of the letter that was sent to the president informing him of the change. Human resources then completes an internal form documenting the change and the form is required to be signed off by human resources, executive vp of business, and the president.

Form 990, Page 6, Part VI, Line 15B

The president determines compensation for the executive vp's. Salary decisions for these leaders have been linked to recent historical data internally as well as local and cohort comparatives, also taking market factors and internal financial considerations into account. For compensation terms of employment changes made for all other employees (including the executive vps), the direct supervisor completes the aforementioned form and includes any supplemental documentation. Approval must be made on the form by signature from the supervisor, the executive vp overseeing the unit the employee works, the executive vp for business, human resources, and the president.

Form 990, Page 6, Part VI, Line 19

Governing documents are kept in the library and are available upon request.

Filing and Contact Details

Filer

EIN
38-1359570
Phone
9064877231

Signing Officer

Name
Nicholas Stevens
Title
Ex. VP Finance and Business
Phone
9064877231
Signed
2014-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Philip Johnson
Formed
1896
Legal Domicile
Mi
Voting Board Members
17
Independent Board Members
0
Employees
514

Preparer

Preparer
Shane M Ellison CPA
Phone
9067744300
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Mannerheim, inc. - consolidated for financial statement 512,988 mannerheim, inc. - consolidated for financial statements -595,281 rounding 0

Form 990, Part XI, Line 9

Net loss from reconciliation of subsidiary -82,293

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Mannerheim, inc. - consolidated for financial statement 512,988

Schedule D, Page 4, Part XII, Line 2D

Mannerheim, inc. - consolidated for financial statements 595,281 rounding 0

Raw XML AppendixShowing 400 of 508 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0548293
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0532370
IRS990/AccountsReceivableGrp/BOYAmt01443951
IRS990/AccountsReceivableGrp/EOYAmt01145572
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE INSTRUCTIONAL AND EDUCATIONAL SERVICES.
IRS990/AdvertisingGrp/ProgramServicesAmt026274
IRS990/AdvertisingGrp/TotalAmt026274
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0978993
IRS990/AllOtherExpensesGrp/TotalAmt0978993
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10FINLANDIA UNIVERSITY
IRS990/BooksInCareOfDetail/PhoneNum09064877231
IRS990/BooksInCareOfDetail/USAddress/AddressLine10601 QUINCY STREET
IRS990/BooksInCareOfDetail/USAddress/City0HANCOCK
IRS990/BooksInCareOfDetail/USAddress/State0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCode049930
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0448355
IRS990/CashNonInterestBearingGrp/EOYAmt0303082
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt037011
IRS990/ConferencesMeetingsGrp/TotalAmt037011
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02029435
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt066780
IRS990/CYOtherExpensesAmt07188964
IRS990/CYOtherRevenueAmt01248980
IRS990/CYProgramServiceRevenueAmt010770533
IRS990/CYRevenuesLessExpensesAmt0-813877
IRS990/CYSalariesCompEmpBnftPaidAmt07740641
IRS990/CYTotalExpensesAmt014929605
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt014115728
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0354986
IRS990/DeferredRevenueGrp/EOYAmt0521850
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0548528
IRS990/DepreciationDepletionGrp/TotalAmt0548528
IRS990/Desc0TO PROVIDE INSTRUCTIONAL AND EDUCATIONAL SERVICES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0514
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt014929605
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt078695
IRS990/FeesForServicesAccountingGrp/TotalAmt078695
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt09602
IRS990/FeesForServicesLegalGrp/TotalAmt09602
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt046920
IRS990/FeesForServicesManagementGrp/TotalAmt046920
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0324132
IRS990/FeesForServicesOtherGrp/TotalAmt0324132
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/PersonNm0THE HON MICHAEL A LAHTI
IRS990/Form990PartVIISectionAGrp/PersonNm1MR RONALD P HELMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2MR JOHN M LEINONEN
IRS990/Form990PartVIISectionAGrp/PersonNm3MR JOHN J PERRAS
IRS990/Form990PartVIISectionAGrp/PersonNm4MR ERIC SAUEY
IRS990/Form990PartVIISectionAGrp/PersonNm5MRS LUANNE M SKRENES
IRS990/Form990PartVIISectionAGrp/PersonNm6MRS IOLA JEAN VANSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm7LAURI ISAACSON
IRS990/Form990PartVIISectionAGrp/PersonNm8JEANNE KEMPPAINEN
IRS990/Form990PartVIISectionAGrp/PersonNm9PAUL KNUTI
IRS990/Form990PartVIISectionAGrp/PersonNm10ALLEN FREIS
IRS990/Form990PartVIISectionAGrp/PersonNm11SHELBY HAMAR
IRS990/Form990PartVIISectionAGrp/PersonNm12KRISTIN HEBRANK
IRS990/Form990PartVIISectionAGrp/PersonNm13PETER VORHES
IRS990/Form990PartVIISectionAGrp/PersonNm14MRS JANE M LEPISTO
IRS990/Form990PartVIISectionAGrp/PersonNm15MR JOHN H STIERNA
IRS990/Form990PartVIISectionAGrp/PersonNm16JULIE BADEL
IRS990/Form990PartVIISectionAGrp/PersonNm17DR PHILIP JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17123577
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt15CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01896
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt02029435
IRS990/GrantsPayableGrp/BOYAmt0312133
IRS990/GrantsPayableGrp/EOYAmt0294142
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt014115728
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0259435
IRS990/InsuranceGrp/TotalAmt0259435
IRS990/InterestGrp/ProgramServicesAmt0358694
IRS990/InterestGrp/TotalAmt0358694
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0268347
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0244744
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt066780
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt066780
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt04072726
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04832645
IRS990/IRPDocumentCnt029
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt010861993
IRS990/LandBldgEquipBasisNetGrp/BOYAmt022792886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022938487
IRS990/LandBldgEquipCostOrOtherBssAmt033800480
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0205400
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0370000
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE INSTRUCTIONAL AND EDUCATIONAL SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt017473125
IRS990/NetAssetsOrFundBalancesEOYAmt016659248
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0535910
IRS990/OccupancyGrp/TotalAmt0535910
IRS990/OfficeExpensesGrp/ProgramServicesAmt0190883
IRS990/OfficeExpensesGrp/TotalAmt0190883
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0539587
IRS990/OtherAssetsTotalGrp/EOYAmt0538173
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0906083
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0906083
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS/GRANTS/TUIT.
IRS990/OtherExpensesGrp/Desc1FOOD SERVICE
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3MAINTENANCE SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt02743724
IRS990/OtherExpensesGrp/ProgramServicesAmt1261017
IRS990/OtherExpensesGrp/ProgramServicesAmt2150762
IRS990/OtherExpensesGrp/ProgramServicesAmt3143412
IRS990/OtherExpensesGrp/TotalAmt02743724
IRS990/OtherExpensesGrp/TotalAmt1261017
IRS990/OtherExpensesGrp/TotalAmt2150762
IRS990/OtherExpensesGrp/TotalAmt3143412
IRS990/OtherLiabilitiesGrp/BOYAmt010777467
IRS990/OtherLiabilitiesGrp/EOYAmt011711240
IRS990/OtherRevenueMiscGrp/Desc0AUXILIARY ACTIVITIES
IRS990/OtherRevenueMiscGrp/Desc1OTHER AUXILIARY AND COMMUNITY
IRS990/OtherRevenueMiscGrp/Desc2GAINS ON INVESTMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0957434
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1321555
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2-30009
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0957434
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1321555
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2-30009
IRS990/OtherRevenueTotalAmt01248980
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05998132
IRS990/OtherSalariesAndWagesGrp/TotalAmt05998132
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0420683
IRS990/PayrollTaxesGrp/TotalAmt0420683
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0415743
IRS990/PensionPlanContributionsGrp/TotalAmt0415743
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt06683145
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt07271163
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0105552
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt086147
IRS990/PrincipalOfficerNm0DR PHILIP JOHNSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1GOVERNMENT GRANTS (FED AID)
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07089977
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13680556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07089977
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13680556
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02365632
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt065443
IRS990/PYOtherExpensesAmt07267030
IRS990/PYOtherRevenueAmt01349166
IRS990/PYProgramServiceRevenueAmt011315983
IRS990/PYRevenuesLessExpensesAmt0274040
IRS990/PYSalariesCompEmpBnftPaidAmt07555154
IRS990/PYTotalExpensesAmt014822184
IRS990/PYTotalRevenueAmt015096224
IRS990/ReconcilationRevenueExpnssAmt0-813877
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt022938487
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010861993
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt033800480
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt05931476
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05816751
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06036044
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt05582777
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05775072
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0141439
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt05916511
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0595281
IRS990ScheduleD/ExpensesSubtotalAmt014929605
IRS990ScheduleD/OtherExpensesIncludedAmt0595281
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010403526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11807947
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt215529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt312775
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4-528537
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES, BOND, MORTGAGE OBLIGATIONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ANNUITIES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4SUBSIDIARY NET ASSETS
IRS990ScheduleD/OtherRevenueAmt0512988
IRS990ScheduleD/RevenueNotReportedAmt0512988
IRS990ScheduleD/RevenueSubtotalAmt014115728
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANNERHEIM, INC. - CONSOLIDATED FOR FINANCIAL STATEMENT 512,988
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1MANNERHEIM, INC. - CONSOLIDATED FOR FINANCIAL STATEMENTS 595,281 ROUNDING 0
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022938487
IRS990ScheduleD/TotalExpensesPerForm990Amt014929605
IRS990ScheduleD/TotalLiabilityAmt011711240
IRS990ScheduleD/TotalRevenuePerForm990Amt014115728
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt014628716
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt015524886
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0ALL INFORMATION IS INCLUDED IN ENROLLMENT LITERATURE, CD'S CATALOGS, WEBSITE, HANDBOOKS AND PRINTED BROCHURES.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt11. FUNDS THAT COME IN ARE APPLIED DIRECTLY TO STUDENT ACCOUNTS FOR PELL, SEOG, ACG, AND DIRECT LOANS. 2. FUNDS THAT COME FROM FEDERAL SOURCES THAT ARE EITHER PROGRAM SUPPORT OR STUDENT SUPPORT ARE CONTROLLED BY FINLANDIA UNIVERSITY. 3. PROGRAM SUPPORT - SSS, UB, ETS ARE ALL GRANT PROGRAMS AT FINLANDIA UNIVERSITY. 4. STUDENT SUPPORT - WORK STUDY PROGRAM - FINLANDIA UNIVERSITY CUTS PAYROLL CHECKS TO STUDENTS. 5. NOT ALL OF THE ABOVE PROGRAMS PROVIDE FINANCIAL ASSISTANCE TO FINLANDIA UNIVERSITY BUT RATHER TO THE STUDENTS OR THE PROGRAM THEY SUPPORT.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, LINE 6
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt1152000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt218000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0200000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1152000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2160000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1KEN SEATON

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.2$17.0$19.2$18.1$17.6$0.50
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$36.5$17.7$18.7$17.0$16.3$0.69
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.8$16.7$18.0$15.4$15.7$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.4$19.0$18.3$19.0$14.9$4.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.4$18.4$14.9$13.0$14.8$1.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$34.5$17.7$16.7$14.9$15.4$0.46
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.5$15.3$17.2$14.5$14.0$0.51
2014Detailed filing. Detailed filing data is available for this year.$30.1$13.4$16.7$14.1$14.9$0.81
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$12.2$17.5$15.1$14.8$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$11.7$17.2$12.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$9.57$16.5$13.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.1$9.47$14.6$11.3
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $25M-$50M nonprofits