Civic Intelligence

Michigan Tech Fund

990 • Fiscal year 2021 • EIN 38-1554664

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

Organization Profilewww.mtu.edu/giving

View Organization Page

1400 Townsend DriveHoughton, MI 49931

(906) 487-1931

Siviq Scores

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

Liabilities / Assets

27th percentile

0.08x

Higher debt load relative to assets than 27% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

48th percentile

0.42x

Higher debt load relative to revenue than 48% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Asset Growth

89th percentile

36%

Faster asset growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

94th percentile

176%

Faster revenue growth than 94% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$217,061,508

Up $57,438,823 (+36%) from 2020

Net Assets

Up

$199,094,270

Up $45,399,208 (+30%) from 2020

Liabilities

Up

$17,967,238

Up $12,039,615 (+203%) from 2020

Revenue And Expenses
Liabilities / Revenue48th percentileNet Margin95th percentile

Revenue

Up

$42,674,434

Up $27,224,060 (+176%) from 2020

Expenses

Down

$12,119,429

Down $3,012,878 (-20%) from 2020

Net Income

Up

$30,555,005

Up $30,236,938 (+9506%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

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

$300M$200M$100M$0Assets 2011: $113,274,597Liabilities 2011: $5,935,551Net Assets 2011: $107,339,0462011Assets 2012: $109,960,306Liabilities 2012: $5,180,845Net Assets 2012: $104,779,4612012Assets 2013: $119,837,134Liabilities 2013: $4,946,569Net Assets 2013: $114,890,5652013Assets 2014: $128,602,262Liabilities 2014: $5,599,112Net Assets 2014: $123,003,1502014Assets 2015: $130,895,429Liabilities 2015: $5,838,662Net Assets 2015: $125,056,7672015Assets 2016: $134,171,601Liabilities 2016: $5,764,685Net Assets 2016: $128,406,9162016Assets 2017: $144,405,065Liabilities 2017: $7,255,647Net Assets 2017: $137,149,4182017Assets 2018: $154,522,438Liabilities 2018: $6,849,177Net Assets 2018: $147,673,2612018Assets 2019: $157,527,890Liabilities 2019: $7,122,177Net Assets 2019: $150,405,7132019Assets 2020: $159,622,685Liabilities 2020: $5,927,623Net Assets 2020: $153,695,0622020Assets 2021: $217,061,508Liabilities 2021: $17,967,238Net Assets 2021: $199,094,2702021Assets 2022: $210,588,714Liabilities 2022: $16,709,442Net Assets 2022: $193,879,2722022Assets 2023: $222,223,366Liabilities 2023: $16,302,749Net Assets 2023: $205,920,6172023Assets 2024: $238,523,751Liabilities 2024: $16,928,381Net Assets 2024: $221,595,3702024

Highlighted filing

2021

Assets$217,061,508
Liabilities$17,967,238
Net Assets$199,094,270
Open 2021 Filing

Operations Trend

Revenue Growth94th percentile

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

$60M$40M$20M$0Revenue 2011: $20,934,675Expenses 2011: $15,671,025Net Income 2011: $5,263,6502011Revenue 2012: $19,329,005Expenses 2012: $16,219,717Net Income 2012: $3,109,2882012Revenue 2013: $23,670,986Expenses 2013: $14,677,559Net Income 2013: $8,993,4272013Revenue 2014: $16,530,540Expenses 2014: $16,512,539Net Income 2014: $18,0012014Revenue 2015: $26,687,385Expenses 2015: $19,555,787Net Income 2015: $7,131,5982015Revenue 2016: $24,864,870Expenses 2016: $16,757,980Net Income 2016: $8,106,8902016Revenue 2017: $18,573,622Expenses 2017: $15,739,032Net Income 2017: $2,834,5902017Revenue 2018: $21,591,954Expenses 2018: $16,055,654Net Income 2018: $5,536,3002018Revenue 2019: $26,937,297Expenses 2019: $15,557,005Net Income 2019: $11,380,2922019Revenue 2020: $15,450,374Expenses 2020: $15,132,307Net Income 2020: $318,0672020Revenue 2021: $42,674,434Expenses 2021: $12,119,429Net Income 2021: $30,555,0052021Revenue 2022: $23,017,845Expenses 2022: $15,866,543Net Income 2022: $7,151,3022022Revenue 2023: $20,705,355Expenses 2023: $14,627,996Net Income 2023: $6,077,3592023Revenue 2024: $27,066,650Expenses 2024: $20,325,951Net Income 2024: $6,740,6992024

Highlighted filing

2021

Revenue$42,674,434
Expenses$12,119,429
Net Income$30,555,005
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.0
Gross Receipts
$65,910,835
Mission and Program Overview

Mission

Receives, invests, and disburse contributions raised to support Michigan Technological University.

Receives, invests, and disburses contributions raised to support Michigan Technological University.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$114,074,753$140,187,691▲ $26,112,938
Investments Other Securities$25,917,102$37,201,590▲ $11,284,488
Pledges and Grants Receivable$1,647,564$19,038,677▲ $17,391,113
Savings and Temporary Cash Investments$10,167,836$11,165,150▲ $997,314
Prepaid Expenses and Deferred Charges$6,199--
Cash and Non-Interest-Bearing Accounts$3,110$3,110→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$159,622,685$217,061,508▲ $57,438,823
Other Assets Total$7,806,121$9,465,290▲ $1,659,169
Liabilities
Other Liabilities$5,775,592$17,766,850▲ $11,991,258
Accounts Payable and Accrued Expenses$152,031$200,388▲ $48,357
Total Liabilities$5,927,623$17,967,238▲ $12,039,615
Net Assets / Fund Balance
Net Assets With Donor Restrictions$145,309,556$190,294,554▲ $44,984,998
Net Assets Without Donor Restrictions$8,385,506$8,799,716▲ $414,210
Total Net Assets Fund Balance$153,695,062$199,094,270▲ $45,399,208
Total Liabilities and Net Assets / Fund Balance$159,622,685$217,061,508▲ $57,438,823

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$62,188$62,188
Equipment$0$56,818$56,818
Other Securities$2,045,657--
Closely Held Equity Interests$20,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$117,623,889$9,069,630▲ $29,326,931$744,767$151,519,725
2020$113,644,897$5,467,724▲ $3,973,130$558,500$117,623,889
2019$115,253,684$2,647,675▲ $1,883,079$971,680$113,644,897
2018$106,418,645$6,750,573▲ $8,689,352$1,031,518$115,253,684
2017$97,633,414$3,898,904▲ $10,307,878$1,086,148$106,418,645
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
-Chair
-President
-Vice President
-Director
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$34,977,235
Program Service Revenue
$0
Investment Income
$7,636,168
Other Revenue
$61,031
All Other Contributions
$34,977,235
Change in Net Assets
$30,555,005

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded68$5,848,054Cost
Other Non Cash Contri Table29$265,143Opinions of experts
Real Estate Residential1$90,000Market value
Total Noncash Contributions98$6,203,197-

Audited Revenue Reconciliation

Revenue per Audited Statements
$42,230,763
Revenue Not Reported on Financial Statements
$443,671
Revenue Not Reported on Form 990
$23,675,866
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$65,906,629
Total Revenue per Form 990
$42,674,434
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$11,114,994
Other Expenses$1,004,435
Total Fundraising Expense$83,600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$11,114,994--$11,114,994
Fees for Services Other$0$452,836$18,600$471,436
Fees for Service Investment Mgmnt Fees-$443,671-$443,671
Office Expenses-$24,328$65,000$89,328
Total Functional Expenses$11,114,994$920,835$83,600$12,119,429

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$12,119,429
Expenses per Audited Statements$11,675,758
Total Expenses per Audited Statements$11,675,758
Expenses Not Reported on Financial Statements$443,671
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Michigan Technological UniversityHoughton, MI115(a)support programs$10,849,851
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred inflows$12,115,805
Annuity obligations$5,062,423
Pooled income obligations$588,622
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

“The business and affairs of the Michigan Tech Fund are managed by a board of nine Directors, consisting of three individuals appointed from the Michigan Technological University's Board of Trustees, the President of the University, the Chief Financial Officer, and four at-large members.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The Board does not review form 990. They are aware that it is available upon request.”

Form 990, Part VI, Line 19 Required documents available to the public

“The Michigan Tech Fund posts it's policy manual and it's audited financial stateements on it's website.”

990 (2020) Part VI, line 11A:

“The Board does not review form 990. They are aware that it is available upon request.”

990 (2020) Part VI, line 19:

“The Michigan Tech Fund posts it's policy manual and it's audited financial statements on it's website.”

Filing and Contact Details

Filer

Filer Name
Michigan Tech Fund
EIN
38-1554664
Phone
9064871931
Address
1400 Townsend Drive, Houghton, MI 49931

Signing Officer

Name
Julie Seppala
Title
Treasurer
Signed
2022-05-13

Organization Details

Formed
1965
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
4
Employees
0
Volunteers
24
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

“Part XI line 9: The Michigan Tech Fund's financial startements for the year ending June 30, 2020 were reported under FASB. Per the external audit's recommendation, reporting was changed to Governmental Accounting Standards Board (GASB). As a result the beginning of year net position has been reduced by $8,831,663 and a corresponding deferred inflow was recorded to properly reflect the accounting treatment for split interest agreements under GASB reporting. - -8831663;”

990 (2020) Part XI, line 9:

“The Michigan Tech Fund's financial statements for the year ending June 30, 2020 were reported under FASB. The external auditors required a change to report under Government Accounting Standards Board (GASB) reporting. As a result, the beginning of year net position has been reduced by $8,831,663 and a corresponding deferred inflow was recorded to properly reflect the accounting treatment for split interest agreements under GASB reporting.”

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

“The Michigan Tech Fund uses its endowment funds to award financial aid to Michigan Technological University students and to provide support to other University programs.”

Raw XML AppendixShowing 400 of 602 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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IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0Receives, invests, and disburse contributions raised to support Michigan Technological University.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0153695062
IRS990/NetAssetsOrFundBalancesEOYAmt0199094270
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt05418037
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt05418037
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt023675866
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08385506
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt08799716
IRS990/NoncashContributionsAmt06203197
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OfficeExpensesGrp/FundraisingAmt065000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024328
IRS990/OfficeExpensesGrp/TotalAmt089328
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07806121
IRS990/OtherAssetsTotalGrp/EOYAmt09465290
IRS990/OtherChangesInNetAssetsAmt0-8831663
IRS990/OtherExpensesGrp/Desc0Entertainment
IRS990/OtherExpensesGrp/Desc1Stewardship
IRS990/OtherExpensesGrp/Desc2Credit Card fees
IRS990/OtherExpensesGrp/Desc3Property taxes
IRS990/OtherLiabilitiesGrp/BOYAmt05775592
IRS990/OtherLiabilitiesGrp/EOYAmt017766850
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt061031
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061031
IRS990/OtherRevenueTotalAmt061031
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01647564
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt019038677
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06199
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Julie Seppala
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0The Michigan Tech Fund awards approximately 1,000 scholarships and fellowships to Michigan Technological University.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02200584
IRS990/ProgSrvcAccomActy2Grp/GrantAmt02200584
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt012761242
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt014094344
IRS990/PYInvestmentIncomeAmt02582819
IRS990/PYOtherExpensesAmt01037963
IRS990/PYOtherRevenueAmt0106313
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0318067
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt015132307
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015450374
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt030555005
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt061031
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010167836
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011165150
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt034977235
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012761242
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt014610300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016104662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt012917074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt091370513
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02218131
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02791232
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02959819
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02921740
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02558342
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt013449264
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.8089
IRS990ScheduleA/PublicSupportPY170Pct00.61
IRS990ScheduleA/PublicSupportTotal170Amt084784125
IRS990ScheduleA/SubstantialContributorsTotAmt06586388
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034977235
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012761242
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt014610300
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016104662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt012917074
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt091370513
IRS990ScheduleA/TotalSupportAmt0104819777
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.0
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt020000
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt02514502
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0117623889
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt09069630
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0151519725
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01241456
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt029326931
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0744767
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt03481195
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0113644897
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt05467724
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0117623889
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01422167
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03973130
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0558500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03421544
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0115253684
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02647675
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0113644897
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01746317
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01883079
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0971680
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt03773242
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0106418645
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt06750573
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0115253684
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01800126
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt08689352
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01031518
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt03366449
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt097633414
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt03898904
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0106418645
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0968954
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt010307878
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01086148
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt056818
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt056818
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0443671
IRS990ScheduleD/ExpensesSubtotalAmt011675758
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0443671
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0443671

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$217,061,508
Liabilities
$17,967,238
Net assets
$199,094,270
Revenue
$42,674,434
Expenses
$12,119,429
Net income
$30,555,005
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$239$16.9$222$27.1$20.3$6.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$222$16.3$206$20.7$14.6$6.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$211$16.7$194$23.0$15.9$7.15
2021Detailed filing. Detailed filing data is available for this year.$217$18.0$199$42.7$12.1$30.6
2020Summary only. Only limited summary data is available for this year.$160$5.93$154$15.5$15.1$0.32
2019Summary only. Only limited summary data is available for this year.$158$7.12$150$26.9$15.6$11.4
2018Summary only. Only limited summary data is available for this year.$155$6.85$148$21.6$16.1$5.54
2017Summary only. Only limited summary data is available for this year.$144$7.26$137$18.6$15.7$2.83
2016Summary only. Only limited summary data is available for this year.$134$5.76$128$24.9$16.8$8.11
2015Summary only. Only limited summary data is available for this year.$131$5.84$125$26.7$19.6$7.13
2014Summary only. Only limited summary data is available for this year.$129$5.60$123$16.5$16.5$0.02
2013Summary only. Only limited summary data is available for this year.$120$4.95$115$23.7$14.7$8.99
2012Summary only. Only limited summary data is available for this year.$110$5.18$105$19.3$16.2$3.11
2011Summary only. Only limited summary data is available for this year.$113$5.94$107$20.9$15.7$5.26