Civic Intelligence

Franklin-Wright Settlements Inc.

990 • Fiscal year 2015 • EIN 38-1845857

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 09, 2016

3360 CharlevoixDetroit, MI 48207

(313) 579-1000

Siviq Scores

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

Liabilities / Assets

34th percentile

0.07x

Higher debt load relative to assets than 34% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

50th percentile

0.19x

Higher debt load relative to revenue than 50% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

81st percentile

23%

Higher net margin than 81% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

76th percentile

$195,831

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

16th percentile

-6.3%

Faster asset growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

80th percentile

23%

Faster revenue growth than 80% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$8,665,321

Down $585,548 (-6.3%) from 2014

Net Assets

Down

$8,075,289

Down $451,979 (-5.3%) from 2014

Liabilities

Down

$590,032

Down $133,569 (-18%) from 2014

Revenue

Up

$3,139,057

Up $581,202 (+23%) from 2014

Expenses

Up

$2,421,649

Up $276,603 (+13%) from 2014

Net Income

Up

$717,408

Up $304,599 (+74%) from 2014

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $7,186,696Liabilities 2010: $738,801Net Assets 2010: $6,447,8952010Assets 2011: $7,197,627Liabilities 2011: $739,085Net Assets 2011: $6,458,5422011Assets 2012: $7,924,029Liabilities 2012: $777,569Net Assets 2012: $7,146,4602012Assets 2013: $8,807,966Liabilities 2013: $775,036Net Assets 2013: $8,032,9302013Assets 2014: $9,250,869Liabilities 2014: $723,601Net Assets 2014: $8,527,2682014Assets 2015: $8,665,321Liabilities 2015: $590,032Net Assets 2015: $8,075,2892015Assets 2016: $8,301,635Liabilities 2016: $251,071Net Assets 2016: $8,050,5642016Assets 2017: $8,813,976Liabilities 2017: $196,207Net Assets 2017: $8,617,7692017Assets 2018: $8,325,722Liabilities 2018: $111,648Net Assets 2018: $8,214,0742018Assets 2019: $8,687,462Liabilities 2019: $156,924Net Assets 2019: $8,530,5382019Assets 2020: $9,249,608Liabilities 2020: $172,262Net Assets 2020: $9,077,3462020Assets 2021: $9,910,725Liabilities 2021: $376,426Net Assets 2021: $9,534,2992021Assets 2022: $9,360,023Liabilities 2022: $341,794Net Assets 2022: $9,018,2292022Assets 2023: $9,349,024Liabilities 2023: $151,581Net Assets 2023: $9,197,4432023Assets 2024: $9,783,725Liabilities 2024: $246,593Net Assets 2024: $9,537,1322024

Highlighted filing

2015

Assets$8,665,321
Liabilities$590,032
Net Assets$8,075,289

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,323,1382010Expenses 2011: $1,730,5812011Expenses 2012: $1,769,2722012Revenue 2013: $1,967,478Expenses 2013: $2,097,138Net Income 2013: -$129,6602013Revenue 2014: $2,557,855Expenses 2014: $2,145,046Net Income 2014: $412,8092014Revenue 2015: $3,139,057Expenses 2015: $2,421,649Net Income 2015: $717,4082015Revenue 2016: $3,441,075Expenses 2016: $3,740,539Net Income 2016: -$299,4642016Revenue 2017: $3,433,173Expenses 2017: $3,266,427Net Income 2017: $166,7462017Revenue 2018: $3,712,710Expenses 2018: $3,750,749Net Income 2018: -$38,0392018Revenue 2019: $3,607,469Expenses 2019: $3,812,769Net Income 2019: -$205,3002019Revenue 2020: $4,051,405Expenses 2020: $3,699,891Net Income 2020: $351,5142020Revenue 2021: $4,192,015Expenses 2021: $3,738,994Net Income 2021: $453,0212021Revenue 2022: $4,676,667Expenses 2022: $4,445,262Net Income 2022: $231,4052022Revenue 2023: $4,842,819Expenses 2023: $5,229,428Net Income 2023: -$386,6092023Revenue 2024: $5,430,547Expenses 2024: $5,384,353Net Income 2024: $46,1942024

Highlighted filing

2015

Revenue$3,139,057
Expenses$2,421,649
Net Income$717,408
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 9, 2016
Return Version
2015v2.1
Gross Receipts
$3,233,867
Mission and Program Overview

Mission

Franklin-wright settlements, inc. Is a detroit neighborhood human services organization existing to assist individuals, families, groups, and the community with basic life, family, and social needs. Embracing the settlement house philosophy, a multi-service holistic approach in cooperation with the community, the organization focuses on the prevention, treatment, and amelioration of social problems through advocacy, programs, projects, activities, services, and facilities. The enduring strength of the organization lies in flexible, responsive programs that recognize ongoing basic needs, despite changing societal priorities and funding.

SOCIAL SERVICES

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$572,896$4,499,924▲ $3,927,028
Investments in Publicly Traded Securities$8,014,099$3,422,881▼ $4,591,218
Accounts Receivable$449,686$531,138▲ $81,452
Cash and Non-Interest-Bearing Accounts$175,326$155,479▼ $19,847
Savings and Temporary Cash Investments$26,574$36,244▲ $9,670
Prepaid Expenses and Deferred Charges$12,288$19,655▲ $7,367
Total Assets$9,250,869$8,665,321▼ $585,548
Liabilities
Other Liabilities$652,660$520,438▼ $132,222
Accounts Payable and Accrued Expenses$70,941$69,594▼ $1,347
Total Liabilities$723,601$590,032▼ $133,569
Net Assets / Fund Balance
Unrestricted Net Assets$8,474,151$8,025,289▼ $448,862
Temporarily Rstr Net Assets$53,117$50,000▼ $3,117
Total Net Assets Fund Balance$8,527,268$8,075,289▼ $451,979
Total Liabilities and Net Assets / Fund Balance$9,250,869$8,665,321▼ $585,548

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,266,388$1,802,311$6,068,699
Equipment$226,116$703,636$929,752
Land$7,420-$7,420

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$13,893-▲ $309-$13,402
2014$13,160-▲ $412-$13,572
2013$12,617-▲ $543-$13,160
2012$11,738-▲ $883-$12,617
2011$12,155-▼ $417-$11,738
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Monique DmarksPresident &$170,126$25,705$195,831
Monique DmarksPresident & CEO$170,126$25,705$195,831
Revenue and Support

Revenue Composition

Contributions and Grants
$1,949,010
Program Service Revenue
$0
Investment Income
$894,706
Other Revenue
$295,341
All Other Contributions
$122,728
Change in Net Assets
$717,408

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,139,057
Total Revenue per Audited Statements
$3,139,057
Total Revenue per Form 990
$3,139,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,729,687
Other Expenses$691,962
Total Fundraising Expense$52,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,469,083$33,403$37,025$1,539,511
Other Employee Benefits$129,667$6,012$9,377$145,056
All Other Expenses$99,192$25,509$53$124,754
Depreciation Depletion$79,486$10,963$914$91,363
Insurance$46,494$6,413$534$53,441
Conferences and Meetings$40,320$4,115$823$45,258
Payroll Taxes$39,733$2,555$2,832$45,120
Other Expenses$44,043$106$21$44,170
Fees for Services Other$43,189$488$488$44,165
Occupancy$25,557--$25,557
Office Expenses$22,564$151$75$22,790
Total Functional Expenses$2,276,241$92,760$52,648$2,421,649

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,421,649
Total Expenses per Audited Statements$2,421,649
Total Expenses per Form 990$2,421,649
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$92,223
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$92,223$92,223-$92,223
Total Events$92,223$92,223-$92,223
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Erica BatchelorDaughter of CEOSalaryNo$52,998
Erica BatchelorDaughter of CEOTution ReimbursementNo$8,003
Bertam Marks IiSon of CEOContractual ServicesNo$5,356
Richard HalstedBoard MemberInsuranceNo$3,724
Xuquieda SnappRelative of V.pContractual ServicesNo$3,465
Mainza SnappSon of V.pContractual ServicesNo$1,287
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Contingent Retirement Liability$500,000
Unearned Rent Revenue$15,938
Rental Security Deposit$4,500
Contigent Retirement Fund Liability-
State of Michigan Repayment-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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
Yes
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 11B

A copy of the form 990 is reviewed by the finance director and a copy is sent to board members for review. After reviewing the comments, form 990 is approved for filing.

Form 990, Page 6, Part VI, Line 12C

The board members disclose conflicts at the annual board meeting as reflected in the board minutes.

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

Annual review is conducted by the board and the criteria is mainly surroundings, industry trends and availability of the funds.

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

Annual reviews are completed for all the employees and the compensation is adjusted based upon each individual's participation and skillset.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Franklin -wright Settlements Inc
EIN
38-1845857
Phone
3135791000
Address
3360 CHARLEVOIX, DETROIT, MI 48207

Signing Officer

Name
Monique Dmarks
Title
President & CEO
Phone
3135791000
Signed
2016-08-09

Organization Details

Principal Officer
Monique Dmarks
Formed
1967
Legal Domicile
Mi
Voting Board Members
18
Independent Board Members
17
Employees
13
Volunteers
110

Preparer

Firm
Alan C Young & Associates Pc
Address
7310 WOODWARD AVE STE 740, DETROIT, MI 48202
Preparer
Anil Sakhuja
Phone
3138737500
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Early start-this program offers early childhood interventions to low-income families with infants and toddlers (ages zero to three).enrichment classes are provided to parents and their children. Other program services-includes all other programs.

Financial Statement Notes

Schedule D, Page 3, Part X

Accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the corporation may recognize the tax benefit from an uncertain tax position only if it is more-likely-than-not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The corporation does not believe they have any uncertain tax positions at december 31, 2015 or 2014. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. The corporation's federal tax returns for the prior three years remain subject to examination by the internal revenue service.

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IRS990/GrossReceiptsAmt03233867
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IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/LandBldgEquipAccumDeprecAmt02505947
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt04499924
IRS990/LandBldgEquipCostOrOtherBssAmt07005871
IRS990/LegalDomicileStateCd0MI
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SOCIAL SERVICES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt092223
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt025557
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IRS990/OfficeExpensesGrp/TotalAmt022790
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt09377
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06012
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0129667
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0145056
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2TRANSPORTATION COSTS
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt0506
IRS990/OtherExpensesGrp/FundraisingAmt121
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01973
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11011
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt261
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3106
IRS990/OtherExpensesGrp/ProgramServicesAmt0105654
IRS990/OtherExpensesGrp/ProgramServicesAmt186451
IRS990/OtherExpensesGrp/ProgramServicesAmt244808
IRS990/OtherExpensesGrp/ProgramServicesAmt344043
IRS990/OtherExpensesGrp/TotalAmt0107627
IRS990/OtherExpensesGrp/TotalAmt187968
IRS990/OtherExpensesGrp/TotalAmt244869
IRS990/OtherExpensesGrp/TotalAmt344170
IRS990/OtherLiabilitiesGrp/BOYAmt0652660
IRS990/OtherLiabilitiesGrp/EOYAmt0520438
IRS990/OtherRevenueMiscGrp/Desc0PENSION SETTLEMENT INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt039832
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0137245
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt139832
IRS990/OtherRevenueTotalAmt0177077
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt037025
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt033403
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01469083
IRS990/OtherSalariesAndWagesGrp/TotalAmt01539511
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02832
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02555
IRS990/PayrollTaxesGrp/ProgramServicesAmt039733
IRS990/PayrollTaxesGrp/TotalAmt045120
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012288
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt019655
IRS990/PrincipalOfficerNm0MONIQUE DMARKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0FAMILY PROGRAMS- INCLUDES PROGRAMS LIKE PROBLEM OF THE ELDERLY, IN-HOME SERVICES, SENIOR OUTREACH SERVICES AND ADULT DAY CARE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01117159
IRS990/ProgSrvcAccomActy3Grp/Desc0NEIGHBORHOOD PROGRAMS- THIS PROGRAM OFFERS GENERAL ASSISTANCE TO NEIGHBORHOOD RESTORATION EFFORTS. SERVICES INCLUDE SPONSORING FORUMS, PROVIDING INFORMATION AND REFERRAL AND PARTICIPATING IN NEIGHBORHOOD CLEANUP, REHABILITATION, AND REVITALIZATION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0165874
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EARLY START-THIS PROGRAM OFFERS EARLY CHILDHOOD INTERVENTIONS TO LOW-INCOME FAMILIES WITH INFANTS AND TODDLERS (AGES ZERO TO THREE).ENRICHMENT CLASSES ARE PROVIDED TO PARENTS AND THEIR CHILDREN. OTHER PROGRAM SERVICES-INCLUDES ALL OTHER PROGRAMS.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01857642
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0565198
IRS990/PYOtherExpensesAmt0634512
IRS990/PYOtherRevenueAmt0135015
IRS990/PYRevenuesLessExpensesAmt0412809
IRS990/PYSalariesCompEmpBnftPaidAmt01510534
IRS990/PYTotalExpensesAmt02145046
IRS990/PYTotalRevenueAmt02557855
IRS990/ReconcilationRevenueExpnssAmt0717408
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt026041
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026574
IRS990/SavingsAndTempCashInvstGrp/EOYAmt036244
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01949010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01857642
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01715747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01668209
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01597906
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08788514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0268617
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0191835
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0134136
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0159736
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0161913
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0916237
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76540
IRS990ScheduleA/PublicSupportPY170Pct00.81690
IRS990ScheduleA/PublicSupportTotal170Amt08788514
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01949010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01857642
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01715747
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01668209
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01597906
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08788514
IRS990ScheduleA/TotalSupportAmt011482421
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0785772
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0507378
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0116595
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0123101
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0244824
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt01777670
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt04266388
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01802311
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06068699
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt013893
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt013402
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0309
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt013160
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt013572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0412
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt012617
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt013160
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0543
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt011738
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt012617
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0883
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt012155
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt011738
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-417
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0226116
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0703636
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0929752
IRS990ScheduleD/ExpensesSubtotalAmt02421649
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt07420
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115938
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONTINGENT RETIREMENT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1UNEARNED RENT REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RENTAL SECURITY DEPOSIT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3CONTIGENT RETIREMENT FUND LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4STATE OF MICHIGAN REPAYMENT
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueSubtotalAmt03139057
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, THE CORPORATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE CORPORATION DOES NOT BELIEVE THEY HAVE ANY UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2015 OR 2014. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES, AND ACCOUNTING IN INTERIM PERIODS. THE CORPORATION'S FEDERAL TAX RETURNS FOR THE PRIOR THREE YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04499924

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.78$0.25$9.54$5.43$5.38$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.35$0.15$9.20$4.84$5.23$0.39
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.36$0.34$9.02$4.68$4.45$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.91$0.38$9.53$4.19$3.74$0.45
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.25$0.17$9.08$4.05$3.70$0.35
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.69$0.16$8.53$3.61$3.81$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.33$0.11$8.21$3.71$3.75$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.81$0.20$8.62$3.43$3.27$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.30$0.25$8.05$3.44$3.74$0.30
2015Detailed filing. Detailed filing data is available for this year.$8.67$0.59$8.08$3.14$2.42$0.72
2014Detailed filing. Detailed filing data is available for this year.$9.25$0.72$8.53$2.56$2.15$0.41
2013Detailed filing. Detailed filing data is available for this year.$8.81$0.78$8.03$1.97$2.10$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.92$0.78$7.15$1.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.20$0.74$6.46$1.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.19$0.74$6.45$1.32
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $5M-$10M nonprofits