Civic Intelligence

Industrial Technology Institute

990 • Fiscal year 2011 • EIN 38-2388532

Jan 01, 2011 to Dec 31, 2011 • Filed on Oct 24, 2012

47911 Halyard Drive48170-8064
Siviq Scores

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

Liabilities / Assets

50th percentile

0.22x

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

2011 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

14th percentile

-8.0%

Faster asset growth than 14% of similar nonprofits.

2011 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$5,033,913

Down $435,868 (-8.0%) from 2010

Net Assets

Up

$3,939,843

Up $157,741 (+4.2%) from 2010

Liabilities

Down

$1,094,070

Down $593,609 (-35%) from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$9,016,787

Down $3,337,953 (-27%) from 2010

Net Income

-

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.

$15M$10M$5.0M$0Assets 2010: $5,469,781Liabilities 2010: $1,687,679Net Assets 2010: $3,782,1022010Assets 2011: $5,033,913Liabilities 2011: $1,094,070Net Assets 2011: $3,939,8432011Assets 2012: $4,407,109Liabilities 2012: $681,913Net Assets 2012: $3,725,1962012Assets 2013: $3,952,859Liabilities 2013: $685,570Net Assets 2013: $3,267,2892013Assets 2014: $4,711,143Liabilities 2014: $1,191,725Net Assets 2014: $3,519,4182014Assets 2015: $4,786,198Liabilities 2015: $1,197,180Net Assets 2015: $3,589,0182015Assets 2016: $5,910,595Liabilities 2016: $1,599,606Net Assets 2016: $4,310,9892016Assets 2017: $6,247,496Liabilities 2017: $1,819,355Net Assets 2017: $4,428,1412017Assets 2018: $6,891,759Liabilities 2018: $2,402,716Net Assets 2018: $4,489,0432018Assets 2019: $7,233,697Liabilities 2019: $2,080,134Net Assets 2019: $5,153,5632019Assets 2020: $6,890,265Liabilities 2020: $1,559,147Net Assets 2020: $5,331,1182020Assets 2021: $9,189,053Liabilities 2021: $2,155,540Net Assets 2021: $7,033,5132021Assets 2022: $11,116,629Liabilities 2022: $3,705,282Net Assets 2022: $7,411,3472022Assets 2023: $11,308,431Liabilities 2023: $3,644,652Net Assets 2023: $7,663,7792023Assets 2024: $11,390,540Liabilities 2024: $3,063,555Net Assets 2024: $8,326,9852024

Highlighted filing

2011

Assets$5,033,913
Liabilities$1,094,070
Net Assets$3,939,843

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $12,354,7402010Expenses 2011: $9,016,7872011Expenses 2012: $6,839,1522012Revenue 2013: $6,542,724Expenses 2013: $7,000,631Net Income 2013: -$457,9072013Revenue 2014: $7,549,498Expenses 2014: $7,297,369Net Income 2014: $252,1292014Revenue 2015: $8,204,951Expenses 2015: $8,135,351Net Income 2015: $69,6002015Revenue 2016: $10,185,119Expenses 2016: $9,463,148Net Income 2016: $721,9712016Revenue 2017: $10,407,308Expenses 2017: $10,290,156Net Income 2017: $117,1522017Revenue 2018: $11,312,927Expenses 2018: $11,198,081Net Income 2018: $114,8462018Revenue 2019: $11,818,120Expenses 2019: $11,257,686Net Income 2019: $560,4342019Revenue 2020: $10,484,047Expenses 2020: $10,399,138Net Income 2020: $84,9092020Revenue 2021: $15,258,342Expenses 2021: $13,607,348Net Income 2021: $1,650,9942021Revenue 2022: $13,199,043Expenses 2022: $12,627,977Net Income 2022: $571,0662022Revenue 2023: $12,020,912Expenses 2023: $11,696,524Net Income 2023: $324,3882023Revenue 2024: $13,431,374Expenses 2024: $12,780,031Net Income 2024: $651,3432024

Highlighted filing

2011

Revenue-
Expenses$9,016,787
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Oct 24, 2012
Return Version
2011v1.2
Gross Receipts
$9,174,528
Mission and Program Overview

Mission

To enhance the global competitiveness of michigan's small to medium-sized manufacturers.

Major Activities

Activity 2
Medc keep michigan working edjt grant. This program provided training in new markets to michigan companies seeking to reduce their dependence on traditional customers. During 2011, 191 michigan manufacturers took advantage of the program, under which the michigan economic development corporation paid 70% of the training fees and the manufacturer 30%. An estimated 552 individuals, mainly executives and managers from the sales function were trained. The companies whose training was completed on or before 12/31/11 reported the following impacts that they credited to their training under the program: at least 3763 quotes totaling $1.2 billion; 558 orders won, totaling $81m; 387 new jobs created or retained. (note: approximately 40% of these reported benefits were attributed to projects managed, but not delivered, by the mmtc.)
Activity 3
Local michigan works! Agencies iwt grants: 18 michigan manufacturers were served by michigan manufacturing technology center, with project work supported by funding made available by local michiganworks! (wia) agencies. An estimated 191 staff days were spent delivering these projects, 93% of which were in the area of lean, six sigma, quality, activity-based quoting, and market diversification.
Filing and Contact Details

Filer

EIN
38-2388532
Raw XML AppendixShowing 400 of 605 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/Activity2/Description0MEDC KEEP MICHIGAN WORKING EDJT GRANT. THIS PROGRAM PROVIDED TRAINING IN NEW MARKETS TO MICHIGAN COMPANIES SEEKING TO REDUCE THEIR DEPENDENCE ON TRADITIONAL CUSTOMERS. DURING 2011, 191 MICHIGAN MANUFACTURERS TOOK ADVANTAGE OF THE PROGRAM, UNDER WHICH THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION PAID 70% OF THE TRAINING FEES AND THE MANUFACTURER 30%. AN ESTIMATED 552 INDIVIDUALS, MAINLY EXECUTIVES AND MANAGERS FROM THE SALES FUNCTION WERE TRAINED. THE COMPANIES WHOSE TRAINING WAS COMPLETED ON OR BEFORE 12/31/11 REPORTED THE FOLLOWING IMPACTS THAT THEY CREDITED TO THEIR TRAINING UNDER THE PROGRAM: AT LEAST 3763 QUOTES TOTALING $1.2 BILLION; 558 ORDERS WON, TOTALING $81M; 387 NEW JOBS CREATED OR RETAINED. (NOTE: APPROXIMATELY 40% OF THESE REPORTED BENEFITS WERE ATTRIBUTED TO PROJECTS MANAGED, BUT NOT DELIVERED, BY THE MMTC.)
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IRS990/OtherExpenses/ManagementAndGeneral26042
IRS990/OtherExpenses/ProgramServices01473124
IRS990/OtherExpenses/Total01473124
IRS990/OtherExpenses/Total1129757
IRS990/OtherExpenses/Total241863
IRS990/OtherExpenses/Total36042
IRS990/OtherRevenueCurrentYear0333787
IRS990/OtherRevenueMisc/BusinessCode0900099
IRS990/OtherRevenueMisc/Description0OTHER INCOME
IRS990/OtherRevenueMisc/ExclusionAmount041642
IRS990/OtherRevenueMisc/TotalRevenueColumn041642
IRS990/OtherRevenuePriorYear0446009
IRS990/OtherSalariesAndWages/ProgramServices03258519
IRS990/OtherSalariesAndWages/Total03258519
IRS990/PartialLiquidation00
IRS990/PayrollTaxes/ProgramServices0239674
IRS990/PayrollTaxes/Total0239674
IRS990/PensionPlanContributions/ProgramServices0103950
IRS990/PensionPlanContributions/Total0103950
IRS990/PoliticalActivities00
IRS990/PremiumsPaid00
IRS990/PrepaidExpensesDeferredCharges/BOY0269061
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IRS990/ProfessionalFundraising00
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IRS990/ProgramServiceRevenue/RelatedOrExemptFunctionIncome02319949
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IRS990/ReconcilationOtherChanges00
IRS990/ReconcilationRevenueExpenses0157741
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IRS990/RentalIncomeOrLoss/Real0292131
IRS990/ReportFin48Footnote01
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IRS990/ReportLandBldgEquip01
IRS990/ReportOtherAssets00
IRS990/ReportOtherLiabilities00
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IRS990/Revenue01429229
IRS990/RevenuesLessExpensesCY0157741
IRS990/RevenuesLessExpensesPriorYear0196428
IRS990/RoyaltiesRevenue/ExclusionAmount014
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IRS990/SalariesEtcCurrentYear04567992
IRS990/SalariesEtcPriorYear05103641
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IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years08086637
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years05711263
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years05696776
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IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year0439740
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years0453412
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years0503448
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years0668845
IRS990ScheduleA/GrossInvestmentIncome170/Total02373010
IRS990ScheduleA/GrossReceiptsFromAdmissionsEtc011023210
IRS990ScheduleA/OtherIncome170/CurrentTaxYear041642
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus1Year023168
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus2Years031949
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus3Years011045
IRS990ScheduleA/OtherIncome170/CurrentTaxYearMinus4Years046320
IRS990ScheduleA/OtherIncome170/Total0154124
IRS990ScheduleA/PubliclySupportedOrg170b1Avi0X
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IRS990ScheduleA/Total170/CurrentTaxYearMinus1Year09336824
IRS990ScheduleA/Total170/CurrentTaxYearMinus2Years08086637
IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years05711263
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years05696776
IRS990ScheduleA/Total170/Total035336872
IRS990ScheduleA/TotalSupport037864006
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$3.06$8.33$13.4$12.8$0.65
2023Detailed filing. Detailed filing data is available for this year.$11.3$3.64$7.66$12.0$11.7$0.32
2022Detailed filing. Detailed filing data is available for this year.$11.1$3.71$7.41$13.2$12.6$0.57
2021Detailed filing. Detailed filing data is available for this year.$9.19$2.16$7.03$15.3$13.6$1.65
2020Detailed filing. Detailed filing data is available for this year.$6.89$1.56$5.33$10.5$10.4$0.08
2019Detailed filing. Detailed filing data is available for this year.$7.23$2.08$5.15$11.8$11.3$0.56
2018Detailed filing. Detailed filing data is available for this year.$6.89$2.40$4.49$11.3$11.2$0.11
2017Detailed filing. Detailed filing data is available for this year.$6.25$1.82$4.43$10.4$10.3$0.12
2016Detailed filing. Detailed filing data is available for this year.$5.91$1.60$4.31$10.2$9.46$0.72
2015Detailed filing. Detailed filing data is available for this year.$4.79$1.20$3.59$8.20$8.14$0.07
2014Detailed filing. Detailed filing data is available for this year.$4.71$1.19$3.52$7.55$7.30$0.25
2013Detailed filing. Detailed filing data is available for this year.$3.95$0.69$3.27$6.54$7.00$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.68$3.73$6.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.03$1.09$3.94$9.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$1.69$3.78$12.4