Civic Intelligence

Henry Ford Community College Foundation

EIN 38-2421276 • 501(c)3 • Dearborn, MI

Profile

The mission of the hfc foundation is to raise charitable support for henry ford college by building long-term relationships with business, civic and community leaders; alumni; corporate and philanthropic foundations; and individuals of influence and affluence, in support of the goals and objectives of the college and the educational and career aspirations of hfc students.

5101 Evergreen RoadDearborn, MI 48128

foundation.hfcc.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

47th percentile

3.3%

Higher net margin than 47% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

59th percentile

7.8%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-15%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$26,775,848

Up $2,678,744 (+11%) from 2024

Liabilities

Up

$510,568

Up $431,851 (+549%) from 2024

Net Assets

Up

$26,265,280

Up $2,246,893 (+9.4%) from 2024

Revenue

Down

$3,614,052

Down $1,092,600 (-23%) from 2024

Expenses

Up

$2,457,253

Up $394,069 (+19%) from 2024

Net Income

Down

$1,156,799

Down $1,486,669 (-56%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $8,571,967Liabilities 2011: $427,278Net Assets 2011: $8,144,6892011Assets 2012: $9,716,415Liabilities 2012: $138,372Net Assets 2012: $9,578,0432012Assets 2013: $10,367,481Liabilities 2013: $61,991Net Assets 2013: $10,305,4902013Assets 2014: $12,188,942Liabilities 2014: $143,166Net Assets 2014: $12,045,7762014Assets 2015: $13,756,938Liabilities 2015: $33,524Net Assets 2015: $13,723,4142015Assets 2016: $13,274,714Liabilities 2016: $10,837Net Assets 2016: $13,263,8772016Assets 2017: $15,450,253Liabilities 2017: $14,377Net Assets 2017: $15,435,8762017Assets 2018: $16,015,409Liabilities 2018: $165,553Net Assets 2018: $15,849,8562018Assets 2019: $16,362,013Liabilities 2019: $131,173Net Assets 2019: $16,230,8402019Assets 2020: $17,395,299Liabilities 2020: $143,793Net Assets 2020: $17,251,5062020Assets 2021: $22,250,998Liabilities 2021: $148,142Net Assets 2021: $22,102,8562021Assets 2022: $18,566,113Liabilities 2022: $217,211Net Assets 2022: $18,348,9022022Assets 2023: $20,018,212Liabilities 2023: $95,232Net Assets 2023: $19,922,9802023Assets 2024: $24,097,104Liabilities 2024: $78,717Net Assets 2024: $24,018,3872024Assets 2025: $26,775,848Liabilities 2025: $510,568Net Assets 2025: $26,265,2802025

Highlighted filing

2025

Assets$26,775,848
Liabilities$510,568
Net Assets$26,265,280

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,793,552Expenses 2011: $1,055,609Net Income 2011: $737,9432011Expenses 2012: $815,5182012Revenue 2013: $896,656Expenses 2013: $637,070Net Income 2013: $259,5862013Revenue 2014: $1,292,948Expenses 2014: $567,355Net Income 2014: $725,5932014Revenue 2015: $2,615,696Expenses 2015: $610,299Net Income 2015: $2,005,3972015Revenue 2016: $819,503Expenses 2016: $781,943Net Income 2016: $37,5602016Revenue 2017: $2,315,872Expenses 2017: $1,008,754Net Income 2017: $1,307,1182017Revenue 2018: $1,621,734Expenses 2018: $1,716,609Net Income 2018: -$94,8752018Revenue 2019: $1,441,941Expenses 2019: $1,257,008Net Income 2019: $184,9332019Revenue 2020: $1,357,687Expenses 2020: $1,295,984Net Income 2020: $61,7032020Revenue 2021: $3,456,033Expenses 2021: $2,162,652Net Income 2021: $1,293,3812021Revenue 2022: $3,308,397Expenses 2022: $2,174,133Net Income 2022: $1,134,2642022Revenue 2023: $2,815,277Expenses 2023: $2,721,247Net Income 2023: $94,0302023Revenue 2024: $4,706,652Expenses 2024: $2,063,184Net Income 2024: $2,643,4682024Revenue 2025: $3,614,052Expenses 2025: $2,457,253Net Income 2025: $1,156,7992025

Highlighted filing

2025

Revenue$3,614,052
Expenses$2,457,253
Net Income$1,156,799

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$26.8$0.51$26.3$3.61$2.46$1.16
2024Detailed filing. Detailed filing data is available for this year.$24.1$0.08$24.0$4.71$2.06$2.64
2023Detailed filing. Detailed filing data is available for this year.$20.0$0.10$19.9$2.82$2.72$0.09
2022Detailed filing. Detailed filing data is available for this year.$18.6$0.22$18.3$3.31$2.17$1.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.3$0.15$22.1$3.46$2.16$1.29
2020Detailed filing. Detailed filing data is available for this year.$17.4$0.14$17.3$1.36$1.30$0.06
2019Detailed filing. Detailed filing data is available for this year.$16.4$0.13$16.2$1.44$1.26$0.18
2018Detailed filing. Detailed filing data is available for this year.$16.0$0.17$15.8$1.62$1.72$0.09
2017Detailed filing. Detailed filing data is available for this year.$15.5$0.01$15.4$2.32$1.01$1.31
2016Detailed filing. Detailed filing data is available for this year.$13.3$0.01$13.3$0.82$0.78$0.04
2015Detailed filing. Detailed filing data is available for this year.$13.8$0.03$13.7$2.62$0.61$2.01
2014Detailed filing. Detailed filing data is available for this year.$12.2$0.14$12.0$1.29$0.57$0.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.06$10.3$0.90$0.64$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.72$0.14$9.58$0.82
2011Summary only. Only limited summary data is available for this year.$8.57$0.43$8.14$1.79$1.06$0.74
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 5, 2026
Return Version
2024v5.5
Gross Receipts
$10,145,283
Mission and Program Overview

Mission

The henry ford college foundation is organized as a michigan charitable organization, is exempt from federal income tax liability by internal revenue code section 501(c)(3) and qualifies as a public charity under internal revenue code section 509. The foundation exists to secure and manage private gifts for the benefit of henry ford college. To facilitate this charitable purpose, the foundation has been recognized by the college as its sole official fundraising organization.

Support programs & services at henry ford college

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$19,966,064$23,599,351▲ $3,633,287
Investments Other Securities$1,574,412$1,834,969▲ $260,557
Cash and Non-Interest-Bearing Accounts$662,442$944,752▲ $282,310
Pledges and Grants Receivable$1,848,312$382,432▼ $1,465,880
Total Assets$24,097,104$26,775,848▲ $2,678,744
Other Assets Total$45,874$14,344▼ $31,530
Liabilities
Grants Payable$70,560$481,530▲ $410,970
Accounts Payable and Accrued Expenses$8,157$29,038▲ $20,881
Total Liabilities$78,717$510,568▲ $431,851
Net Assets / Fund Balance
Net Assets With Donor Restrictions$17,980,926$19,651,741▲ $1,670,815
Net Assets Without Donor Restrictions$6,037,461$6,613,539▲ $576,078
Total Net Assets Fund Balance$24,018,387$26,265,280▲ $2,246,893
Total Liabilities and Net Assets / Fund Balance$24,097,104$26,775,848▲ $2,678,744

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,834,969--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2025$19,994,354$63,125▲ $2,004,483-$21,662,164
2024$16,485,094$1,845,558▲ $2,043,623-$19,994,354
2023$15,057,996$43,040▲ $1,808,788-$16,485,094
2022$18,187,115$95,627▼ $2,867,658-$15,057,996
2021$14,062,072$117,538▲ $4,352,001-$18,187,115
Compensation and Service Providers

Board Members and Trustees

NameTitle
J Michael KirkChair
Stephen QuinlanChair - Part Year
Denise McdonaldFormer Chair
Russell KavalhunaPresident of Hfc
Eric LongsVice Chair
Alan R OsborneDirector
Anthony C MortonDirector
Bahiya FawazDirector
Cynthia Hanes BerryDirector
Fay BeydounDirector
Jacqueline LovejoyDirector
Joan HennesseyDirector
MATT O'BRYANDirector
Margaret BlohmDirector
Robert AbrahamDirector
Robert L TurfeDirector
Robert ZakarDirector
Tyrone a CarterDirector
Irene WattsDirector - Part Year
Jennifer DickeyDirector - Part Year
Renata CroomsDirector - Part Year
A Reginald BestExecutive Director
Jeanne MartensSecretary
John GrenkeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,313,973
Program Service Revenue
$0
Investment Income
$1,297,189
Other Revenue
$2,890
All Other Contributions
$2,312,673
Change in Net Assets
$1,156,799

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,412,746
Revenue Not Reported on Financial Statements
$201,306
Revenue Not Reported on Form 990
$2,383,627
Total Revenue per Audited Statements
$5,796,373
Total Revenue per Form 990
$3,614,052
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,141,263
Other Expenses$315,990
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,727,772--$1,727,772
Grants to Domestic Individuals$413,491--$413,491
Fees for Service Investment Mgmnt Fees-$216,042-$216,042
Fees for Services Accounting-$25,000-$25,000
Other Expenses-$8,257-$8,257
Insurance-$6,912-$6,912
Fees for Services Legal-$4,338-$4,338
Total Functional Expenses$2,141,263$315,990$0$2,457,253

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,549,480
Total Expenses per Form 990$2,457,253
Expenses per Audited Statements$2,255,947
Expenses Not Reported on Form 990$1,293,533
Expenses Not Reported on Financial Statements$201,306
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Henry Ford CollegeDearborn, MI115To Provide Support to Henry Ford College$1,724,772
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$9,880
Fundraising Direct Expenses$6,990
Professional Fundraising Fees$0
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
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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 2

John grenke and a. Reginald best have a business relationship.

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

Upon the approval of a majority of the board of the foundation, as proposed by the nominating committee, directors will be appointed by the board of trustees of henry ford college.

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

The 990 is sent to the executive committee comprised of key members of the board for review before being filed.

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

Held on file in the foundation office for review upon request.

Form 990, Part VI, Section C, Line 19

The foundation makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Henry Ford College Foundation
EIN
38-2421276
Phone
3138459620
Address
5101 EVERGREEN ROAD, DEARBORN, MI 48128

Signing Officer

Name
A Reginald Best
Title
Executive Director
Phone
3138459620
Signed
2026-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
A Reginald Best
Formed
1982
Legal Domicile
Mi
Voting Board Members
21
Independent Board Members
20
Employees
0
Volunteers
100

Preparer

Firm
Plante & Moran Pllc
Address
2601 CAMBRIDGE CT STE 300, AUBURN HILLS, MI 48326
Preparer
Alyssa M Kent
Phone
2483757100
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

The organization did not change its oversight process or selection process during the year.

Financial Statement Notes

PART V, LINE 4:

Distributions to henry ford college for scholarships, grants and/or any other purpose approved by the board and accepted by the college.

Raw XML AppendixShowing 400 of 676 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/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2312795
IRS990/Form990PartVIISectionAGrp/PersonNm0RUSSELL KAVALHUNA
IRS990/Form990PartVIISectionAGrp/PersonNm1STEPHEN QUINLAN
IRS990/Form990PartVIISectionAGrp/PersonNm2J MICHAEL KIRK
IRS990/Form990PartVIISectionAGrp/PersonNm3JEANNE MARTENS
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN GRENKE
IRS990/Form990PartVIISectionAGrp/PersonNm5DENISE MCDONALD
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT ABRAHAM
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IRS990/Form990PartVIISectionAGrp/PersonNm8FAY BEYDOUN
IRS990/Form990PartVIISectionAGrp/PersonNm9TYRONE A CARTER
IRS990/Form990PartVIISectionAGrp/PersonNm10RENATA CROOMS
IRS990/Form990PartVIISectionAGrp/PersonNm11BAHIYA FAWAZ
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IRS990/Form990PartVIISectionAGrp/PersonNm13JOAN HENNESSEY
IRS990/Form990PartVIISectionAGrp/PersonNm14ERIC LONGS
IRS990/Form990PartVIISectionAGrp/PersonNm15JACQUELINE LOVEJOY
IRS990/Form990PartVIISectionAGrp/PersonNm16ANTHONY C MORTON
IRS990/Form990PartVIISectionAGrp/PersonNm17MATT O'BRYAN
IRS990/Form990PartVIISectionAGrp/PersonNm18ALAN R OSBORNE
IRS990/Form990PartVIISectionAGrp/PersonNm19ROBERT L TURFE
IRS990/Form990PartVIISectionAGrp/PersonNm20ROBERT ZAKAR
IRS990/Form990PartVIISectionAGrp/PersonNm21MARGARET BLOHM
IRS990/Form990PartVIISectionAGrp/PersonNm22IRENE WATTS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT OF HFC
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR - PART YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5FORMER CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR - PART YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR - PART YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR - PART YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE DIRECTOR
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IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE HFC FOUNDATION IS TO RAISE CHARITABLE SUPPORT FOR HENRY FORD COLLEGE BY BUILDING LONG-TERM RELATIONSHIPS WITH BUSINESS, CIVIC AND COMMUNITY LEADERS; ALUMNI; CORPORATE AND PHILANTHROPIC FOUNDATIONS; AND INDIVIDUALS OF INFLUENCE AND AFFLUENCE, IN SUPPORT OF THE GOALS AND OBJECTIVES OF THE COLLEGE AND THE EDUCATIONAL AND CAREER ASPIRATIONS OF HFC STUDENTS.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/ProgSrvcAccomActy2Grp/Desc0SPECIAL EDUCATION PROGRAMS-DONEE OF ALL SCHOLARSHIPS, FUNDS AND PROGRAMS IS: HENRY FORD COLLEGE, 5101 EVERGREEN, DEARBORN, MI 48128
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IRS990/ProgSrvcAccomActy3Grp/Desc0CONTRIBUTIONS OF NON-CASH ITEMS TRANSFERRED TO HENRY FORD COLLEGE
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02195300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01793946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01810060
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus1YearAmt01278655
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt01269628

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