Civic Intelligence

Carl a Lemcool Memorial Foundation Inc.

990 • Fiscal year 2017 • EIN 38-2491833

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 19, 2018

525 Bertina LaneTraverse City, MI 49696

(231) 357-1903

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

64th percentile

9.4%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

85%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$995,048

Up $85,772 (+9.4%) from 2016

Net Assets

Up

$995,048

Up $85,772 (+9.4%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$47,984

Up $22,045 (+85%) from 2016

Expenses

Down

$8,133

Down $35,617 (-81%) from 2016

Net Income

Up

$39,851

Up $57,662 (+324%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $880,104Liabilities 2010: $0Net Assets 2010: $880,1042010Assets 2011: $879,537Liabilities 2011: $0Net Assets 2011: $879,5372011Assets 2012: $875,894Liabilities 2012: $0Net Assets 2012: $875,8942012Assets 2013: $913,611Liabilities 2013: $0Net Assets 2013: $913,6112013Assets 2014: $941,791Liabilities 2014: $0Net Assets 2014: $941,7912014Assets 2015: $885,141Liabilities 2015: $0Net Assets 2015: $885,1412015Assets 2016: $909,276Liabilities 2016: $0Net Assets 2016: $909,2762016Assets 2017: $995,048Liabilities 2017: $0Net Assets 2017: $995,0482017Assets 2018: $950,659Liabilities 2018: $0Net Assets 2018: $950,6592018Assets 2019: $1,033,182Liabilities 2019: $0Net Assets 2019: $1,033,1822019Assets 2020: $1,070,602Liabilities 2020: $1Net Assets 2020: $1,070,6022020Assets 2021: $1,172,773Liabilities 2021: $1Net Assets 2021: $1,172,7732021Assets 2022: $967,080Liabilities 2022: $1Net Assets 2022: $967,0802022Assets 2023: $983,777Liabilities 2023: $1Net Assets 2023: $983,7772023Assets 2024: $1,008,673Liabilities 2024: $0Net Assets 2024: $1,008,6732024

Highlighted filing

2017

Assets$995,048
Liabilities$0
Net Assets$995,048

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $61,7012010Expenses 2011: $8,0932011Revenue 2012: $34,648Expenses 2012: $59,897Net Income 2012: -$25,2492012Revenue 2013: $43,133Expenses 2013: $11,803Net Income 2013: $31,3302013Revenue 2014: $39,930Expenses 2014: $6,793Net Income 2014: $33,1372014Revenue 2015: $30,251Expenses 2015: $49,289Net Income 2015: -$19,0382015Revenue 2016: $25,939Expenses 2016: $43,750Net Income 2016: -$17,8112016Revenue 2017: $47,984Expenses 2017: $8,133Net Income 2017: $39,8512017Revenue 2018: $52,074Expenses 2018: $37,152Net Income 2018: $14,9222018Revenue 2019: $40,948Expenses 2019: $8,502Net Income 2019: $32,4462019Revenue 2020: $42,349Expenses 2020: $7,407Net Income 2020: $34,9422020Revenue 2021: $49,613Expenses 2021: $79,361Net Income 2021: -$29,7482021Revenue 2022: $102,649Expenses 2022: $62,343Net Income 2022: $40,3062022Revenue 2023: $83,541Expenses 2023: $108,353Net Income 2023: -$24,8122023Revenue 2024: $55,310Expenses 2024: $72,511Net Income 2024: -$17,2012024

Highlighted filing

2017

Revenue$47,984
Expenses$8,133
Net Income$39,851
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 19, 2018
Return Version
2017v2.3
Gross Receipts
$399,920
Mission and Program Overview

Mission

To support charitable, scientific, literary and educational purposes, by making gifts, grants and distributions required in the bylaws of the exchange club of traverse city.

To provide the charitable giving required in the bylaws of the exchange club of traverse city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$909,276$995,048▲ $85,772
Investments in Publicly Traded Securities$895,375$917,301▲ $21,926
Cash and Non-Interest-Bearing Accounts$13,901$77,747▲ $63,846
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$909,276$995,048▲ $85,772
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$909,276$995,048▲ $85,772
Total Liabilities and Net Assets / Fund Balance$909,276$995,048▲ $85,772
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tyler BartoshPresident
Raleigh NewmanDirector
Ryan HannonDirector
William HemmingDirector
Grant KlaverSecretary
Aaron MansfieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$47,984
Other Revenue
$0
Change in Net Assets
$39,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,133
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$6,268-$6,268
Fees for Services Accounting-$1,865-$1,865
Total Functional Expenses$0$8,133$0$8,133
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has trustees/members who have the right to participate in the organization's governance.

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

The organization has trustees with voting rights.

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

The organization has trustees with voting rights to approve and ratify decision of the organization's governing body such as; approval of or removal of members to the governing body or approval of distributions to qualifying organizations. No trustee or member has any rights to the income, revenue or assets of the organization.

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

The form 990 is given to each of the board members for review prior to filing. The board members are allowed to discuss any concerns at that time.

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

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by requiring annual disclosure of interests that could give rise to conflict.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Exchange Club Foundation of
EIN
38-2491833
Phone
2313571903
Address
525 BERTINA LANE, TRAVERSE CITY, MI 49696

Signing Officer

Name
Aaron J Mansfield
Title
Treasurer
Phone
2313571903
Signed
2018-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron J Mansfield
Formed
1966
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
15

Preparer

Firm
Dgn LLC
Address
PO BOX 947, TRAVERSE CITY, MI 49685-0947
Preparer
Heidi Wendel CPA
Phone
2319461722
Raw XML Appendix346 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/ActivityOrMissionDesc0TO PROVIDE THE CHARITABLE GIVING REQUIRED IN THE BYLAWS OF THE EXCHANGE CLUB OF TRAVERSE CITY.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AARON MANSFIELD
IRS990/BooksInCareOfDetail/PhoneNum02313571903
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0525 BERTINA LANE
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IRS990/Form990PartVIISectionAGrp/PersonNm3AARON MANSFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm4RYAN HANNON
IRS990/Form990PartVIISectionAGrp/PersonNm5TYLER BARTOSH
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IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
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IRS990/GrantsToOrganizationsInd00
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IRS990/IRPDocumentCnt00
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IRS990/MissionDesc0TO SUPPORT CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES, BY MAKING GIFTS, GRANTS AND DISTRIBUTIONS REQUIRED IN THE BYLAWS OF THE EXCHANGE CLUB OF TRAVERSE CITY.
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0EXCHANGE CLUB OF TRAVERSE CITY INC
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS TRUSTEES/MEMBERS WHO HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS TRUSTEES WITH VOTING RIGHTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS TRUSTEES WITH VOTING RIGHTS TO APPROVE AND RATIFY DECISION OF THE ORGANIZATION'S GOVERNING BODY SUCH AS; APPROVAL OF OR REMOVAL OF MEMBERS TO THE GOVERNING BODY OR APPROVAL OF DISTRIBUTIONS TO QUALIFYING ORGANIZATIONS. NO TRUSTEE OR MEMBER HAS ANY RIGHTS TO THE INCOME, REVENUE OR ASSETS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS GIVEN TO EACH OF THE BOARD MEMBERS FOR REVIEW PRIOR TO FILING. THE BOARD MEMBERS ARE ALLOWED TO DISCUSS ANY CONCERNS AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL DISCLOSURE OF INTERESTS THAT COULD GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0EXCHANGE CLUB FOUNDATION OF TRAVERSE CITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EXCHANGE CLUB OF TRAVERSE CITY INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0386089473
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SPONSORS ACTIVITIES DESIGNED TO BENEFIT AND DEVELOP OUR NATION'S YOUTH.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0525 BERTINA LANE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TRAVERSE CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd049686
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IRS990ScheduleR/PaidEmployeesSharingInd00
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0909276
IRS990/TotalAssetsEOYAmt0995048
IRS990/TotalAssetsGrp/BOYAmt0909276
IRS990/TotalAssetsGrp/EOYAmt0995048
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08133
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt08133
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0909276
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0995048
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt047984
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt047984
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0909276
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0995048
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0525 BERTINA LANE
IRS990/USAddress/CityNm0TRAVERSE CITY
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049696
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AARON J MANSFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02313571903
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCHANGE CLUB FOUNDATION OF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAVERSE CITY INC
ReturnHeader/Filer/BusinessNameControlTxt0EXCH
ReturnHeader/Filer/EIN0382491833
ReturnHeader/Filer/PhoneNum02313571903
ReturnHeader/Filer/USAddress/AddressLine1Txt0525 BERTINA LANE
ReturnHeader/Filer/USAddress/CityNm0TRAVERSE CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049696
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F2254ADEDC2F0F1A32415F3CBFA235CAA51A30C1
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0AEA3582EB78B6274B2FE2E1FC8874EE9FBE4C5A4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt096.36.16.114
ReturnHeader/FilingSecurityInformation/IPDt02018-10-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:56:01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202349670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DGN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 947
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRAVERSE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0496850947
ReturnHeader/PreparerPersonGrp/PhoneNum02319461722
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HEIDI WENDEL CPA
ReturnHeader/ReturnTs02018-10-24T11:03:14-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.06$0.07$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.08$0.11$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.10$0.06$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.05$0.08$0.03
2020Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.04$0.01$0.03
2019Summary only. Only limited summary data is available for this year.$1.03$0.00$1.03$0.04$0.01$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.05$0.04$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.05$0.01$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.03$0.04$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.89$0.00$0.89$0.03$0.05$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.04$0.01$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.04$0.01$0.03
2012Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.03$0.06$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.00$0.88$0.06