Civic Intelligence

Three Rivers Area Community Foundation

990 • Fiscal year 2018 • EIN 38-2051672

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

PO Box 453Three Rivers, MI 49093

(269) 273-1632

Siviq Scores

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

Liabilities / Assets

61st percentile

0.17x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

85th percentile

0.97x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

34th percentile

-2.5%

Faster asset growth than 34% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

60th percentile

8.2%

Faster revenue growth than 60% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$4,296,748

Down $109,651 (-2.5%) from 2017

Net Assets

Down

$3,552,732

Down $60,581 (-1.7%) from 2017

Liabilities

Down

$744,016

Down $49,070 (-6.2%) from 2017

Revenue

Up

$765,182

Up $57,968 (+8.2%) from 2017

Expenses

Up

$425,886

Up $96,838 (+29%) from 2017

Net Income

Down

$339,296

Down $38,870 (-10%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,072,398Liabilities 2010: $20,811Net Assets 2010: $2,051,5872010Assets 2011: $2,217,424Liabilities 2011: $3,432Net Assets 2011: $2,213,9922011Assets 2012: $2,937,536Liabilities 2012: $11,641Net Assets 2012: $2,925,8952012Assets 2013: $3,512,468Liabilities 2013: $367,686Net Assets 2013: $3,144,7822013Assets 2014: $3,788,987Liabilities 2014: $737,689Net Assets 2014: $3,051,2982014Assets 2015: $3,623,954Liabilities 2015: $748,026Net Assets 2015: $2,875,9282015Assets 2016: $3,782,665Liabilities 2016: $764,805Net Assets 2016: $3,017,8602016Assets 2017: $4,406,399Liabilities 2017: $793,086Net Assets 2017: $3,613,3132017Assets 2018: $4,296,748Liabilities 2018: $744,016Net Assets 2018: $3,552,7322018Assets 2019: $4,775,586Liabilities 2019: $748,056Net Assets 2019: $4,027,5302019Assets 2020: $4,848,718Liabilities 2020: $467,341Net Assets 2020: $4,381,3772020Assets 2021: $5,262,526Liabilities 2021: $500,512Net Assets 2021: $4,762,0142021Assets 2022: $4,535,068Liabilities 2022: $429,112Net Assets 2022: $4,105,9562022Assets 2023: $5,031,919Liabilities 2023: $476,486Net Assets 2023: $4,555,4332023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2018

Assets$4,296,748
Liabilities$744,016
Net Assets$3,552,732

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2010: $61,6382010Expenses 2011: $94,6492011Expenses 2012: $69,7432012Revenue 2013: $388,809Expenses 2013: $120,622Net Income 2013: $268,1872013Revenue 2014: $546,671Expenses 2014: $216,724Net Income 2014: $329,9472014Revenue 2015: $325,250Expenses 2015: $232,892Net Income 2015: $92,3582015Revenue 2016: $275,732Expenses 2016: $236,853Net Income 2016: $38,8792016Revenue 2017: $707,214Expenses 2017: $329,048Net Income 2017: $378,1662017Revenue 2018: $765,182Expenses 2018: $425,886Net Income 2018: $339,2962018Revenue 2019: $367,471Expenses 2019: $275,835Net Income 2019: $91,6362019Revenue 2020: $394,301Expenses 2020: $333,247Net Income 2020: $61,0542020Revenue 2021: $577,984Expenses 2021: $286,905Net Income 2021: $291,0792021Revenue 2022: $623,821Expenses 2022: $435,122Net Income 2022: $188,6992022Revenue 2023: $375,227Expenses 2023: $216,726Net Income 2023: $158,5012023Revenue 2024: $566,998Expenses 2024: $239,183Net Income 2024: $327,8152024

Highlighted filing

2018

Revenue$765,182
Expenses$425,886
Net Income$339,296
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$1,483,953
Mission and Program Overview

Mission

The foundation's purpose is to receive and accept contributions to be administered exclusively for charitable purposes, primarily in and for the benefit of residents of st. Joseph county and the southwest michigan area.

The foundation's purpose is to receive contributions to be administered exclusively for charitable purposes, primarily in and for the benefit of residents of st. Joseph county, mi and the southwestern michigan area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,653,361$3,689,306▲ $35,945
Savings and Temporary Cash Investments$681,513$554,372▼ $127,141
Prepaid Expenses and Deferred Charges$12,835$12,501▼ $334
Cash and Non-Interest-Bearing Accounts$28,813$9,397▼ $19,416
Total Assets$4,406,399$4,296,748▼ $109,651
Other Assets Total$29,877$31,172▲ $1,295
Liabilities
Other Liabilities$773,764$725,104▼ $48,660
Accounts Payable and Accrued Expenses$19,322$18,912▼ $410
Total Liabilities$793,086$744,016▼ $49,070
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,204,599$2,249,488▲ $44,889
Unrestricted Net Assets$1,211,591$1,234,339▲ $22,748
Temporarily Rstr Net Assets$197,123$68,905▼ $128,218
Total Net Assets Fund Balance$3,613,313$3,552,732▼ $60,581
Total Liabilities and Net Assets / Fund Balance$4,406,399$4,296,748▼ $109,651

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,204,599$345,341▼ $91,280-$2,354,589
2017$1,671,367$406,032▲ $224,304-$2,204,599
2016$1,627,661$11,802▲ $122,275$570$1,671,367
2015$1,741,347$16,859▼ $17,774$-174,034$1,627,661
2014$1,759,958$8,339▲ $64,473$25,958$1,741,347
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jim StuckPresident
Jared HoffmasterVice President
Christy TrammellDirector
Janell HartDirector
Jeff GattonDirector
Larry DaughertyDirector
MARY O'CONNORDirector
Sally MiddletonDirector
Steven ScottDirector
Trevor McenroeDirector
Lindsay OswaldSecretary
Joe BippusTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$446,344
Program Service Revenue
$51,243
Investment Income
$267,595
Other Revenue
$0
All Other Contributions
$446,344
Change in Net Assets
$339,296

Audited Revenue Reconciliation

Revenue per Audited Statements
$765,182
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$399,877
Total Revenue per Audited Statements
$1,165,059
Total Revenue per Form 990
$765,182
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$313,594
Other Expenses$112,292
Total Fundraising Expense$6,053
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$313,594--$313,594
Fees for Services Management$42,400$25,228-$67,628
Fees for Service Investment Mgmnt Fees$19,469--$19,469
Fees for Services Accounting-$10,700-$10,700
Advertising-$999$6,053$7,052
Travel-$1,683-$1,683
Insurance-$1,409-$1,409
Other Expenses-$481-$481
All Other Expenses-$-192-$-192
Total Functional Expenses$375,463$44,370$6,053$425,886

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$425,886
Total Expenses per Audited Statements$425,886
Total Expenses per Form 990$425,886
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Michigan State University--Scholarship Grants to Local Students-
St Joseph County Veteran ServicesCenterville, MI-Agency Grants-
Three Rivers Food SiteThree Rivers, MI-Purchase Food for Those in Need-
Three Rivers Rotary ClubThree Rivers, MI-Educational Grants to Enhance Education Projects in Belizeeducational Grants to Enhance Education Projects in Belizeeducational Grants to Enhance Education Projects in Belize-
Western Michigan University--Scholarship Grants to Local Students-
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Funds$725,104
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Board members are individuals active in either three rivers' businesses and/or community affairs. The board has one person who seeks nominations from the community of potential board trustees. These nominations are then brought to a vote by the entire board. 51% majority of the board must approve any new member.

Form 990, Part VI, Section B, Line 11B

The board member signing form 990 reviews it prior to signing and mailing the form.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed periodically and documented in the minutes for the meeting in which they were reviewed and signed by board members.

Form 990, Part VI, Section C, Line 19

Once a year, board members are required to disclose in writing any interest, affiliations or membership which might give rise to a conflict of interest, including, but not limited to, all local business interests, religious affiliations, and memberships in local organizations. No trustee shall vote on any matter or participate in any discussion of any matter under consideration at any foundation meeting, in which such member has a possible conflict of interest. The foundation operates in a small community, board members are cognizant of each other's involvement in outside activities and self regulates itself.

Filing and Contact Details

Filer

Filer Name
Three Rivers Area Community Foundation
EIN
38-2051672
Phone
2692731632
Address
PO BOX 453, THREE RIVERS, MI 49093

Signing Officer

Name
Joseph Bippus
Title
Treasurer
Phone
2692731632
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melissa Bliss
Formed
1974
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Dana F Cole & Company Llp
Address
325 WOODRUFF STREET, NILES, MI 49120
Preparer
Paul J Hornacek CPA
Phone
2696831200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board of trustees reviews the financial statements that were audited or reviewed by an independent accounting firm and assumes the oversight of the process annually.

Financial Statement Notes

PART V, LINE 4:

The funds have been established to benefit the residents of the community. The majority are scholarship funds.

PART X, LINE 2:

The foundation has adopted the provisions of fasb asc 740-10, "accounting for uncertain tax positions." the foundation continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. Management does not expect the interpretation will have a material impact (if any) on its results from operations or financial position.

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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt029877
IRS990/OtherAssetsTotalGrp/EOYAmt031172
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND MICHIGAN FRANC
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2MEETINGS EXPENSE
IRS990/OtherExpensesGrp/Desc3OFFICE EXPENSE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1630
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2559
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3481
IRS990/OtherExpensesGrp/TotalAmt02873
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IRS990/OtherLiabilitiesGrp/EOYAmt0725104
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02204599
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02249488
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012835
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012501
IRS990/PrincipalOfficerNm0MELISSA BLISS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561000
IRS990/ProgramServiceRevenueGrp/Desc0ADMIN FEE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt051243
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt051243
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0473994
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0232833
IRS990/PYInvestmentIncomeAmt0186447
IRS990/PYOtherExpensesAmt096215
IRS990/PYOtherRevenueAmt00
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IRS990/PYRevenuesLessExpensesAmt0378166
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0329048
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0339296
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0681513
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0554372
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0446344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01589369
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0146150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0111361
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0319753
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02612977
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0196405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0152904
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0110109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0147396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0144870
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0751684
IRS990ScheduleA/PublicSupportCY170Pct00.62170
IRS990ScheduleA/PublicSupportPY170Pct00.63710
IRS990ScheduleA/PublicSupportTotal170Amt02091799
IRS990ScheduleA/SubstantialContributorsTotAmt0521178
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0446344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01589369
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0146150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0111361
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0319753
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02612977
IRS990ScheduleA/TotalSupportAmt03364661
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/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt043221
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02204599
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0345341
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02354589
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt060850
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-91280
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt036255
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01671367
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0406032
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02204599
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt060849
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0224304
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt031551
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01627661
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt011802
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01671367
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt058250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0122275
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0570
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt044832
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01741347
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt016859
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01627661
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0241973
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-17774
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0-174034
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt035314
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01759958
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt08339
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01741347
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt030151
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt064473
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt025958
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0425886
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0399877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0725104
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AGENCY FUNDS
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0399877
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0765182
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUNDS HAVE BEEN ESTABLISHED TO BENEFIT THE RESIDENTS OF THE COMMUNITY. THE MAJORITY ARE SCHOLARSHIP FUNDS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10, "ACCOUNTING FOR UNCERTAIN TAX POSITIONS." THE FOUNDATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. MANAGEMENT DOES NOT EXPECT THE INTERPRETATION WILL HAVE A MATERIAL IMPACT (IF ANY) ON ITS RESULTS FROM OPERATIONS OR FINANCIAL POSITION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0425886
IRS990ScheduleD/TotalLiabilityAmt0725104
IRS990ScheduleD/TotalRevenuePerForm990Amt0765182
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01165059
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0425886
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PURCHASE FOOD FOR THOSE IN NEED
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EDUCATIONAL GRANTS TO ENHANCE EDUCATION PROJECTS IN BELIZEEDUCATIONAL GRANTS TO ENHANCE EDUCATION PROJECTS IN BELIZEEDUCATIONAL GRANTS TO ENHANCE EDUCATION PROJECTS IN BELIZE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2AGENCY GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3SCHOLARSHIP GRANTS TO LOCAL STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4SCHOLARSHIP GRANTS TO LOCAL STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SUPPORT TO ANNUAL COMMUNITY EVENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6FUND PROGRAMS FOR AMPUTEES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7FUND TRAIL & WATERWAY IMPROVEMENTS IN ST JOSEPH COUNTY, MI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THREE RIVERS FOOD SITE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THREE RIVERS ROTARY CLUB
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2ST JOSEPH COUNTY VETERAN SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3MICHIGAN STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4WESTERN MICHIGAN UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0463488492
IRS990ScheduleI/RecipientTable/RecipientEIN1386091791
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt018 RAILROAD DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 245
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 189
IRS990ScheduleI/RecipientTable/USAddress/CityNm0THREE RIVERS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1THREE RIVERS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2CENTERVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049093
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd149093
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd249032
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS ARE INDIVIDUALS ACTIVE IN EITHER THREE RIVERS' BUSINESSES AND/OR COMMUNITY AFFAIRS. THE BOARD HAS ONE PERSON WHO SEEKS NOMINATIONS FROM THE COMMUNITY OF POTENTIAL BOARD TRUSTEES. THESE NOMINATIONS ARE THEN BROUGHT TO A VOTE BY THE ENTIRE BOARD. 51% MAJORITY OF THE BOARD MUST APPROVE ANY NEW MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBER SIGNING FORM 990 REVIEWS IT PRIOR TO SIGNING AND MAILING THE FORM.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.57$0.24$0.33
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.03$0.48$4.56$0.38$0.22$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$0.43$4.11$0.62$0.44$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.26$0.50$4.76$0.58$0.29$0.29
2020Detailed filing. Detailed filing data is available for this year.$4.85$0.47$4.38$0.39$0.33$0.06
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.78$0.75$4.03$0.37$0.28$0.09
2018Detailed filing. Detailed filing data is available for this year.$4.30$0.74$3.55$0.77$0.43$0.34
2017Detailed filing. Detailed filing data is available for this year.$4.41$0.79$3.61$0.71$0.33$0.38
2016Detailed filing. Detailed filing data is available for this year.$3.78$0.76$3.02$0.28$0.24$0.04
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.62$0.75$2.88$0.33$0.23$0.09
2014Detailed filing. Detailed filing data is available for this year.$3.79$0.74$3.05$0.55$0.22$0.33
2013Summary only. Only limited summary data is available for this year.$3.51$0.37$3.14$0.39$0.12$0.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.01$2.93$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.00$2.21$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.02$2.05$0.06