Civic Intelligence

Frankenmuth Athletic Association

990EZ • Fiscal year 2021 • EIN 38-2343207

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 15, 2022

525 E GeneseeFrankenmuth, MI 48734

(734) 787-2971

Siviq Scores

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

Liabilities / Assets

76th percentile

0.08x

Higher debt load relative to assets than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

91st percentile

0.54x

Higher debt load relative to revenue than 91% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

4th percentile

-241%

Higher net margin than 4% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

18th percentile

-22%

Faster asset growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-85%

Faster revenue growth than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$68,807

Down $18,901 (-22%) from 2020

Net Assets

Down

$63,392

Down $24,316 (-28%) from 2020

Liabilities

Up

$5,415

Up $5,415 from 2020

Revenue

Down

$10,103

Down $57,906 (-85%) from 2020

Expenses

Down

$34,419

Down $53,817 (-61%) from 2020

Net Income

Down

-$24,316

Down $4,089 (-20%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $38,586Liabilities 2015: $0Net Assets 2015: $38,5862015Assets 2016: $53,407Liabilities 2016: $0Net Assets 2016: $53,4072016Assets 2017: $110,900Liabilities 2017: $0Net Assets 2017: $110,9002017Assets 2018: $99,072Liabilities 2018: $0Net Assets 2018: $99,0722018Assets 2019: $107,935Liabilities 2019: $0Net Assets 2019: $107,9352019Assets 2020: $87,708Liabilities 2020: $0Net Assets 2020: $87,7082020Assets 2021: $68,807Liabilities 2021: $5,415Net Assets 2021: $63,3922021Assets 2022: $73,225Liabilities 2022: $0Net Assets 2022: $73,2252022Assets 2023: $68,161Liabilities 2023: $0Net Assets 2023: $68,1612023Assets 2024: $40,641Liabilities 2024: $0Net Assets 2024: $40,6412024Assets 2025: $75,231Net Assets 2025: $75,2312025

Highlighted filing

2021

Assets$68,807
Liabilities$5,415
Net Assets$63,392

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2015: $58,999Expenses 2015: $58,635Net Income 2015: $3642015Revenue 2016: $116,859Expenses 2016: $102,038Net Income 2016: $14,8212016Revenue 2017: $109,312Expenses 2017: $51,819Net Income 2017: $57,4932017Revenue 2018: $123,584Expenses 2018: $135,412Net Income 2018: -$11,8282018Revenue 2019: $105,057Expenses 2019: $96,194Net Income 2019: $8,8632019Revenue 2020: $68,009Expenses 2020: $88,236Net Income 2020: -$20,2272020Revenue 2021: $10,103Expenses 2021: $34,419Net Income 2021: -$24,3162021Revenue 2022: $98,869Expenses 2022: $89,036Net Income 2022: $9,8332022Revenue 2023: $92,302Expenses 2023: $97,366Net Income 2023: -$5,0642023Revenue 2024: $96,191Expenses 2024: $123,711Net Income 2024: -$27,5202024Revenue 2025: $121,868Expenses 2025: $87,278Net Income 2025: $34,5902025

Highlighted filing

2021

Revenue$10,103
Expenses$34,419
Net Income-$24,316
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 15, 2022
Return Version
2020v4.0
Gross Receipts
$10,103
Mission and Program Overview

Mission

To provide athletic equipment for frankenmuth high school athletics.

Program Services

DescriptionGrantsExpenses
THE FRANKENMUTH HIGH SCHOOL ATHLETIC ASSOCIATION PROVIDES FUNDS FOR THE FRANKENMUTH HIGH SCHOOL'S ATHLETIC PROGRAMS$19,147$20,835
TO PROVIDE SCHOLARSHIPS FOR HIGH SCHOOL ATHLETES$2,000$12,629
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE ANDERSONPresident-$0--
ERIC JACOBVice Preside-$0--
MICHELLE VANDERHAARSecretary-$0--
MATT GALSTERERTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Frankenmuth Athletic Association
EIN
38-2343207
Address
525 E GENESEE, FRANKENMUTH, MI 48734

Signing Officer

Name
Matt Galsterer
Title
Treasurer
Signed
2022-03-15
Discuss with paid preparer
Yes

Preparer

Firm
Zehnder & Associates Pc
Address
516 S MAIN ST STE A, FRANKENMUTH, MI 48734
Preparer
Jared R List CPA
Phone
9896522665
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 1,198 total 1,198

Form 990-ez, Part I, Line 10

Name: frankenmuth high school address: 525 e genesee frankenmuth, mi 48734 cash contribution: 19,147

Form 990-ez, Part I, Line 16

Concessions cost of goods sold 6,261 expenses insurance 1,561 miscellaneous expenses 1,008 licenses 270 spirit gear 680 supplies 46 dues 639 non-investment depreciation 2,257 total 12,722

Form 990-ez, Part II, Line 24

Equipment 12,900 12,900 less accumulated depreciation 5,002 7,259 total 7,898 5,641

Form 990-ez, Part II, Line 26

DEFERRED REVENUE 0 5,415

Form 990-ez, Part III, Line 31

To provide scholarships for high school athletes

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0STEVE ANDERSON
CompensationExplanation/CompensationExplanationGrp/PersonNm1ERIC JACOB
CompensationExplanation/CompensationExplanationGrp/PersonNm2MICHELLE VANDERHAAR
CompensationExplanation/CompensationExplanationGrp/PersonNm3MATT GALSTERER
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MATT GALSTERER
IRS990EZ/BooksInCareOfDetail/PhoneNum07347872971
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0365 CLARMARC
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FRANKENMUTH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd048734
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt079810
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IRS990EZ/ExcessOrDeficitForYearAmt0-24316
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0550
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0147
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt087708
IRS990EZ/NetAssetsOrFundBalancesEOYAmt063392
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STEVE ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ERIC JACOB
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MICHELLE VANDERHAAR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MATT GALSTERER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07898
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05641
IRS990EZ/OtherExpensesTotalAmt012722
IRS990EZ/OtherRevenueTotalAmt01198
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE ATHLETIC EQUIPMENT FOR FRANKENMUTH HIGH SCHOOL ATHLETICS.
IRS990EZ/ProgramServiceRevenueAmt08758
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO PROVIDE SCHOLARSHIPS FOR HIGH SCHOOL ATHLETES
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt019147
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt12000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020835
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt112629
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
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IRS990EZ/TotalExpensesAmt034419
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0139497
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0128073
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0482044
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 1,198 TOTAL 1,198
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NAME: FRANKENMUTH HIGH SCHOOL ADDRESS: 525 E GENESEE FRANKENMUTH, MI 48734 CASH CONTRIBUTION: 19,147
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONCESSIONS COST OF GOODS SOLD 6,261 EXPENSES INSURANCE 1,561 MISCELLANEOUS EXPENSES 1,008 LICENSES 270 SPIRIT GEAR 680 SUPPLIES 46 DUES 639 NON-INVESTMENT DEPRECIATION 2,257 TOTAL 12,722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EQUIPMENT 12,900 12,900 LESS ACCUMULATED DEPRECIATION 5,002 7,259 TOTAL 7,898 5,641
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DEFERRED REVENUE 0 5,415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO PROVIDE SCHOLARSHIPS FOR HIGH SCHOOL ATHLETES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATT GALSTERER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKENMUTH ATHLETIC ASSOCIATION
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ReturnHeader/Filer/EIN0382343207
ReturnHeader/Filer/USAddress/AddressLine1Txt0525 E GENESEE
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ReturnHeader/PreparerPersonGrp/PhoneNum09896522665
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JARED R LIST CPA
ReturnHeader/ReturnTs02022-03-24T15:04:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MATT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GALSTERER
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings