Civic Intelligence

Holland Public Schools Educational Foundation

990EZ • Fiscal year 2015 • EIN 38-2513737

Sep 01, 2014 to Aug 31, 2015 • Filed on Oct 28, 2015

320 W 24th StHolland, MI 49423

(616) 335-8406

Siviq Scores

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

Liabilities / Assets

67th percentile

0.03x

Higher debt load relative to assets than 67% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

0.16x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

21st percentile

-12%

Higher net margin than 21% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

35th percentile

-5.2%

Faster asset growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-11%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$281,944

Down $15,403 (-5.2%) from 2014

Net Assets

Down

$274,562

Down $14,913 (-5.2%) from 2014

Liabilities

Down

$7,382

Down $490 (-6.2%) from 2014

Revenue

Down

$46,622

Down $5,809 (-11%) from 2014

Expenses

Up

$52,212

Up $35,137 (+206%) from 2014

Net Income

Down

-$5,590

Down $40,946 (-116%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $198,328Liabilities 2011: $5,670Net Assets 2011: $192,6582011Assets 2012: $235,556Liabilities 2012: $8,8162012Assets 2013: $239,288Liabilities 2013: $7,641Net Assets 2013: $231,6472013Assets 2014: $297,347Liabilities 2014: $7,872Net Assets 2014: $289,4752014Assets 2015: $281,944Liabilities 2015: $7,382Net Assets 2015: $274,5622015Assets 2016: $265,492Liabilities 2016: $6,840Net Assets 2016: $258,6522016Assets 2017: $301,156Liabilities 2017: $7,206Net Assets 2017: $293,9502017Assets 2018: $359,627Liabilities 2018: $8,8232018Assets 2019: $340,253Liabilities 2019: $10,276Net Assets 2019: $329,9772019Assets 2020: $381,920Liabilities 2020: $10,2792020Assets 2021: $478,055Liabilities 2021: $9,780Net Assets 2021: $468,2752021Assets 2022: $432,309Liabilities 2022: $9,282Net Assets 2022: $423,0272022Assets 2023: $548,879Liabilities 2023: $9,054Net Assets 2023: $539,8252023

Highlighted filing

2015

Assets$281,944
Liabilities$7,382
Net Assets$274,562

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $46,030Expenses 2011: $48,129Net Income 2011: -$2,0992011Revenue 2012: $57,352Expenses 2012: $28,375Net Income 2012: $28,9772012Revenue 2013: $51,770Expenses 2013: $64,360Net Income 2013: -$12,5902013Revenue 2014: $52,431Expenses 2014: $17,075Net Income 2014: $35,3562014Revenue 2015: $46,622Expenses 2015: $52,212Net Income 2015: -$5,5902015Revenue 2016: $55,415Expenses 2016: $72,001Net Income 2016: -$16,5862016Revenue 2017: $49,230Expenses 2017: $32,114Net Income 2017: $17,1162017Revenue 2018: $60,999Expenses 2018: $20,494Net Income 2018: $40,5052018Revenue 2019: $53,571Expenses 2019: $66,826Net Income 2019: -$13,2552019Revenue 2020: $48,320Expenses 2020: $21,578Net Income 2020: $26,7422020Revenue 2021: $77,403Expenses 2021: $41,930Net Income 2021: $35,4732021Revenue 2022: $61,441Expenses 2022: $38,396Net Income 2022: $23,0452022Revenue 2023: $297,414Expenses 2023: $204,239Net Income 2023: $93,1752023

Highlighted filing

2015

Revenue$46,622
Expenses$52,212
Net Income-$5,590
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Oct 28, 2015
Return Version
2014v5.0
Gross Receipts
$46,622
Mission and Program Overview

Mission

The holland educational foundation works to improve the educational experience of hps students and staff by providing funding for equitable programs, fostering community collaboration, and embracing district advocacy.

The foundation serves as a vehicle for channeling private dollars into programs and projects that provide extra learning opportunities for students of the holland public school system. Grants made to the public school system are made available to teachers to purchase supplies needed in the classroom.

Program Services

DescriptionGrantsExpenses
GRANTS WERE GIVEN DIRECTLY TO HOLLAND PUBLIC SCHOOLS AND SOME OF THEIR TEACHERS TO ACQUIRE SUPPLIES AND FUND PROJECTS THAT ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN THE ELEMENTARY, MIDDLE, AND HIGH SCHOOLS.$40,474$41,875
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANITA MULDERBoard Member-$0--
LISA ACCARDOBoard Member-$0--
EMILY VAN FAASENBoard Member-$0--
KAREN FOULDSSecretary-$0--
DAWN LAMANPresident-$0--
CATHY BROCKTreasurer-$0--
KATHY KEEGINBoard Member-$0--
BONNIE RYZENGABoard Member-$0--
TONYA BOOKBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Holland Public Schools Educ Found
EIN
38-2513737
Phone
6163358406
Address
320 W 24TH ST, HOLLAND, MI 49423

Signing Officer

Name
Cathy Brock
Title
Treasurer
Phone
6163358406
Signed
2015-10-28
Discuss with paid preparer
Yes

Preparer

Firm
Delong & Brower Pc
Address
238 HOOVER BLVD SUITE 10, HOLLAND, MI 49423
Preparer
David W Sides
Phone
6163960500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous 18 total 18

Form 990-ez, Part I, Line 10

Holland public schools grant 372 s. River holland, mi 49423 40,474 0 0

Form 990-ez, Part I, Line 16

Expenses supplies 709 investment expenses 777 contracted services 8,500 total 9,986

Form 990-ez, Part I, Line 20

Unrealized investment losses -9,323

Form 990-ez, Part II, Line 26

Funds held for others 7,872 7,382

Form 990-ez, Part III

The foundation serves as a vehicle for channeling private dollars into programs and projects that provide extra learning opportunities for students of the holland public school system. Grants made to the public school system are made available to teachers to purchase supplies needed in the classroom.

Form 990-ez, Part III, Line 28

Grants were given directly to holland public schools and some of their teachers to acquire supplies and fund projects that enhance educational opportunities for students in the elementary, middle, and high schools.

Raw XML Appendix192 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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IRS990EZ/PrintingPublicationsPostageAmt0692
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS 18 TOTAL 18
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HOLLAND PUBLIC SCHOOLS GRANT 372 S. RIVER HOLLAND, MI 49423 40,474 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES SUPPLIES 709 INVESTMENT EXPENSES 777 CONTRACTED SERVICES 8,500 TOTAL 9,986
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNREALIZED INVESTMENT LOSSES -9,323
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDS HELD FOR OTHERS 7,872 7,382
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE FOUNDATION SERVES AS A VEHICLE FOR CHANNELING PRIVATE DOLLARS INTO PROGRAMS AND PROJECTS THAT PROVIDE EXTRA LEARNING OPPORTUNITIES FOR STUDENTS OF THE HOLLAND PUBLIC SCHOOL SYSTEM. GRANTS MADE TO THE PUBLIC SCHOOL SYSTEM ARE MADE AVAILABLE TO TEACHERS TO PURCHASE SUPPLIES NEEDED IN THE CLASSROOM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GRANTS WERE GIVEN DIRECTLY TO HOLLAND PUBLIC SCHOOLS AND SOME OF THEIR TEACHERS TO ACQUIRE SUPPLIES AND FUND PROJECTS THAT ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS IN THE ELEMENTARY, MIDDLE, AND HIGH SCHOOLS.
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 I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerPersonGrp/PreparationDt02015-10-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W SIDES
ReturnHeader/ReturnTs02015-11-03T10:46:48-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-09-01
ReturnHeader/TaxPeriodEndDt02015-08-31
ReturnHeader/TaxYr02014

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.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.49$0.09$5.40$2.97$2.04$0.93
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.32$0.09$4.23$0.61$0.38$0.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.78$0.10$4.68$0.77$0.42$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.82$0.10$0.48$0.22$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.40$0.10$3.30$0.54$0.67$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$0.09$0.61$0.20$0.41
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.01$0.07$2.94$0.49$0.32$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.65$0.07$2.59$0.55$0.72$0.17
2015Detailed filing. Detailed filing data is available for this year.$2.82$0.07$2.75$0.47$0.52$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.97$0.08$2.89$0.52$0.17$0.35
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.08$2.32$0.52$0.64$0.13
2012Summary only. Only limited summary data is available for this year.$2.36$0.09$0.57$0.28$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.06$1.93$0.46$0.48$0.02