Civic Intelligence

The Frankenmuth Community Foundation Inc.

990 • Fiscal year 2013 • EIN 38-2140032

Jan 01, 2013 to Dec 31, 2013 • Filed on May 21, 2014

PO Box 386Frankenmuth, MI 48734

(989) 652-3476

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

7th percentile

0.00x

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

97th percentile

86%

Higher net margin than 97% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

23rd percentile

$18,333

Higher top officer pay than 23% of similar nonprofits.

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

93rd percentile

44%

Faster asset growth than 93% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

86th percentile

45%

Faster revenue growth than 86% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2011 to 2013

Assets

Up

$8,187,654

Up $2,493,329 (+44%) from 2012

Net Assets

Up

$8,187,654

Up $2,510,829 (+44%) from 2012

Liabilities

Down

$0

Down $17,500 (-100%) from 2012

Revenue

$2,071,141

No earlier filing loaded for comparison.

Expenses

Down

$289,247

Down $132,907 (-31%) from 2012

Net Income

$1,781,894

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $5,204,606Liabilities 2011: $0Net Assets 2011: $5,204,6062011Assets 2012: $5,694,325Liabilities 2012: $17,500Net Assets 2012: $5,676,8252012Assets 2013: $8,187,654Liabilities 2013: $0Net Assets 2013: $8,187,6542013Assets 2014: $9,030,651Liabilities 2014: $0Net Assets 2014: $9,030,6512014Assets 2015: $9,028,705Liabilities 2015: $13,824Net Assets 2015: $9,014,8812015Assets 2016: $11,807,960Liabilities 2016: $0Net Assets 2016: $11,807,9602016Assets 2017: $13,857,795Liabilities 2017: $0Net Assets 2017: $13,857,7952017Assets 2018: $10,852,466Liabilities 2018: $0Net Assets 2018: $10,852,4662018Assets 2019: $12,974,414Liabilities 2019: $500Net Assets 2019: $12,973,9142019Assets 2020: $14,605,708Liabilities 2020: $500Net Assets 2020: $14,605,2082020Assets 2021: $17,049,439Liabilities 2021: $538,030Net Assets 2021: $16,511,4092021Assets 2022: $15,914,993Liabilities 2022: $729,200Net Assets 2022: $15,185,7932022Assets 2023: $18,411,997Liabilities 2023: $797,760Net Assets 2023: $17,614,2372023Assets 2024: $19,728,199Liabilities 2024: $740,876Net Assets 2024: $18,987,3232024

Highlighted filing

2013

Assets$8,187,654
Liabilities$0
Net Assets$8,187,654

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $989,593Expenses 2011: $525,358Net Income 2011: $464,2352011Expenses 2012: $422,1542012Revenue 2013: $2,071,141Expenses 2013: $289,247Net Income 2013: $1,781,8942013Revenue 2014: $2,020,555Expenses 2014: $794,934Net Income 2014: $1,225,6212014Revenue 2015: $1,822,633Expenses 2015: $1,264,070Net Income 2015: $558,5632015Revenue 2016: $4,516,407Expenses 2016: $1,783,033Net Income 2016: $2,733,3742016Revenue 2017: $2,528,343Expenses 2017: $1,623,875Net Income 2017: $904,4682017Revenue 2018: $2,686,680Expenses 2018: $4,526,508Net Income 2018: -$1,839,8282018Revenue 2019: $3,350,746Expenses 2019: $1,178,884Net Income 2019: $2,171,8622019Revenue 2020: $1,432,468Expenses 2020: $1,285,338Net Income 2020: $147,1302020Revenue 2021: $2,219,053Expenses 2021: $1,126,772Net Income 2021: $1,092,2812021Revenue 2022: $2,797,287Expenses 2022: $1,205,283Net Income 2022: $1,592,0042022Revenue 2023: $1,742,430Expenses 2023: $1,043,730Net Income 2023: $698,7002023Revenue 2024: $2,014,387Expenses 2024: $1,359,882Net Income 2024: $654,5052024

Highlighted filing

2013

Revenue$2,071,141
Expenses$289,247
Net Income$1,781,894
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 21, 2014
Return Version
2013v3.1
Gross Receipts
$2,901,972
Mission and Program Overview

Mission

To promote the betterment of the greater frankenmuth community through financial assistance to worthy causes

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,291,410$6,247,993▲ $956,583
Pledges and Grants Receivable-$1,199,562-
Savings and Temporary Cash Investments$244,297$563,070▲ $318,773
Prepaid Expenses and Deferred Charges$252--
Total Assets$5,694,325$8,187,654▲ $2,493,329
Other Assets Total$158,366$177,029▲ $18,663
Liabilities
Deferred Revenue$17,500--
Total Liabilities$17,500$0▼ $17,500
Net Assets / Fund Balance
Unrestricted Net Assets$5,518,459$8,010,625▲ $2,492,166
Permanently Rstr Net Assets$158,366$177,029▲ $18,663
Total Net Assets Fund Balance$5,676,825$8,187,654▲ $2,510,829
Total Liabilities and Net Assets / Fund Balance$5,694,325$8,187,654▲ $2,493,329

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$158,366-▲ $27,808-$177,029
2012$148,499-▲ $18,493-$158,366
2011$156,347$5,000▼ $4,450-$148,499
2010$141,797$5,000▲ $16,829-$156,347
2009$115,336-▲ $27,654-$141,797
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steven ListExecutive DiPT$18,333$18,333

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,755,266
Program Service Revenue
$0
Investment Income
$266,634
Other Revenue
$49,241
All Other Contributions
$1,755,266
Change in Net Assets
$1,781,894

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,071,141
Revenue Not Reported on Form 990
$710,272
Total Revenue per Audited Statements
$2,781,413
Total Revenue per Form 990
$2,071,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$204,454
Other Expenses$84,793
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$186,254--$186,254
Fees for Service Investment Mgmnt Fees-$44,834-$44,834
Fees for Services Management-$18,402-$18,402
Grants to Domestic Individuals$18,200--$18,200
Office Expenses-$4,858-$4,858
Fees for Services Accounting-$3,600-$3,600
Travel-$1,413-$1,413
Other Expenses-$20-$20
Total Functional Expenses$204,454$84,793$0$289,247

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$289,247
Total Expenses per Audited Statements$289,247
Total Expenses per Form 990$289,247
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
--GovGrant for Projects$35,455
--GovTECHNOLOGY & AED'S$21,390
--GovCommunity Projects$17,000
---Summer Entertainment$16,725
---Cass River Project$13,838
--GovCity Beautification$10,000
---Technology$9,120
---Football Helmets$8,000
---Technology & Aeds$7,300
---Technology$5,880
--GovPolice Equip & Roof$5,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$76,138
Fundraising Direct Expenses$26,897
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$76,138$76,138$12,937$63,201
Total Events$76,138$76,138$26,897$49,241
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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, Page 6, Part VI, Line 2

Karen zehnder robert zeilinger past chair member family relationship

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

The 990 is prepared by an independent cpa firm. The cpa firm has an internal review process. The final 990 is given to the treasurer to review and sign. The 990 is available electronically to the voting board members, before the 990 is filed.

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

The policy is monitored and enforced for compliance through disscuion at the board level and at quarterly board meetings. An example of compliance is when the board member abstains from voting on issues that would be considered a conflict of interest.

Form 990, Page 6, Part VI, Line 19

The community foundation has a website that has certain grant information available on it. The financial information is available by request.

Filing and Contact Details

Filer

EIN
38-2140032
Phone
9896523476

Signing Officer

Name
Scott Zimmer
Title
Treasurer
Phone
9896523476
Signed
2014-05-21

Organization Details

Formed
1978
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
25

Preparer

Preparer
Jamie L Peasley
Phone
9896733137
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The volunteers oversee the accounting work, goverance work, attend board meetings, oversee investment management and investment policy statement, review the recordkeeping of allocations, sign the receipt and acknowledgement of donations, grant dispersal and correspondence, regulatiory filings, presentations to civic groups, educational meetings, and attending conferences.

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

Grants to the women's club for the "concert in the park", program historical association, veteran's memorial upkeep, park bandshell maintenance and frankenmuth school district and other agency's grants for various community programs or projects

Form 990, Part XI, Line 9

Increase in endowment fund 18,663

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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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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt076138
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IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt01616
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IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt07529
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt027808
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01545
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt018493
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01544
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt05000
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-4450
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01651
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt012309
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IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0LEGACY BALL
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IRS990ScheduleI/RecipientTable/CashGrantAmt68000
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IRS990ScheduleI/RecipientTable/IRCSectionDesc3GOV
IRS990ScheduleI/RecipientTable/IRCSectionDesc4GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TECHNOLOGY & AED'S
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1GRANT FOR PROJECTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2POLICE EQUIP & ROOF
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3CITY BEAUTIFICATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4COMMUNITY PROJECTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SUMMER ENTERTAINMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6FOOTBALL HELMETS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TECHNOLOGY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8CASS RIVER PROJECT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TECHNOLOGY & AEDS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10TECHNOLOGY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10FRANKENMUTH SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine11FRANKENMUTH HISTORICAL ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine12CITY OF FRANKENMUTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine13CITY OF FRANKENMUTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine14CITY OF FRANKENMUTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine15JACK GRENIER PRODUCTIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine16FRANKENMUTH YOUTH SPORTS ASSOC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine17ST LORENZ LUTHERAN SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine18ENVIRONMENTAL SCIENCE SOLUTIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine19ST LORENZ LUTHERAN SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine110FRANKENMUTH SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10941 E GENESEE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine11613 SOUTH MAIN ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine12240 W GENESEE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine13240 W GENESEE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine14240 W GENESEE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1532630 CONCORD DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine16465 N FRANKLIN SUITE A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine17140 CHURCHGROVE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine18PO BOX 293
IRS990ScheduleI/RecipientTable/USAddress/AddressLine19140 CHURCHGROVE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine110941 E GENESEE ST
IRS990ScheduleI/RecipientTable/USAddress/City0FRANKENMUTH
IRS990ScheduleI/RecipientTable/USAddress/City1FRANKENMUTH
IRS990ScheduleI/RecipientTable/USAddress/City2FRANKENMUTH
IRS990ScheduleI/RecipientTable/USAddress/City3FRANKENMUTH

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.7$0.74$19.0$2.01$1.36$0.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.4$0.80$17.6$1.74$1.04$0.70
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.9$0.73$15.2$2.80$1.21$1.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$0.54$16.5$2.22$1.13$1.09
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.6$0.00$14.6$1.43$1.29$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.0$0.00$13.0$3.35$1.18$2.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$0.00$10.9$2.69$4.53$1.84
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.9$0.00$13.9$2.53$1.62$0.90
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.8$0.00$11.8$4.52$1.78$2.73
2015Detailed filing. Detailed filing data is available for this year.$9.03$0.01$9.01$1.82$1.26$0.56
2014Detailed filing. Detailed filing data is available for this year.$9.03$0.00$9.03$2.02$0.79$1.23
2013Detailed filing. Detailed filing data is available for this year.$8.19$0.00$8.19$2.07$0.29$1.78
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.69$0.02$5.68$0.42
2011Summary only. Only limited summary data is available for this year.$5.20$0.00$5.20$0.99$0.53$0.46
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $5M-$10M nonprofits