Civic Intelligence

Michigan Economic Development Foundation

EIN 38-2527475 • 501(c)3 • Okemos, MI

Profile

To lessen the burden of the governmnt of the state of michigan, to promote the public welfare, and to relieve the condition of high unemployment in the state of michigan.

2145 Commons PkwyOkemos, MI 48864

www.medf.org

Siviq Scores

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

Liabilities / Assets

54th percentile

0.03x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

58th percentile

0.04x

Higher debt load relative to revenue than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

23rd percentile

-10%

Higher net margin than 23% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

24th percentile

-6.6%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-12%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$912,784

Down $64,348 (-6.6%) from 2023

Liabilities

Up

$24,608

Up $5,696 (+30%) from 2023

Net Assets

Down

$888,176

Down $70,044 (-7.3%) from 2023

Revenue

Down

$687,709

Down $94,458 (-12%) from 2023

Expenses

Down

$757,753

Down $299,748 (-28%) from 2023

Net Income

Up

-$70,044

Up $205,290 (+75%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $527,006Liabilities 2010: $0Net Assets 2010: $527,0062010Assets 2011: $716,582Liabilities 2011: $0Net Assets 2011: $716,5822011Assets 2012: $729,128Liabilities 2012: $0Net Assets 2012: $729,1282012Assets 2013: $831,810Liabilities 2013: $0Net Assets 2013: $831,8102013Assets 2014: $727,963Liabilities 2014: $98,362Net Assets 2014: $629,6012014Assets 2015: $610,684Liabilities 2015: $63,847Net Assets 2015: $546,8372015Assets 2016: $587,591Liabilities 2016: $23,757Net Assets 2016: $563,8342016Assets 2017: $419,101Liabilities 2017: $0Net Assets 2017: $419,1012017Assets 2018: $471,811Liabilities 2018: $13,692Net Assets 2018: $458,1192018Assets 2019: $686,383Liabilities 2019: $22,294Net Assets 2019: $664,0892019Assets 2020: $994,061Liabilities 2020: $41,282Net Assets 2020: $952,7792020Assets 2021: $1,060,409Liabilities 2021: $4,350Net Assets 2021: $1,056,0592021Assets 2022: $1,233,709Liabilities 2022: $155Net Assets 2022: $1,233,5542022Assets 2023: $977,132Liabilities 2023: $18,912Net Assets 2023: $958,2202023Assets 2024: $912,784Liabilities 2024: $24,608Net Assets 2024: $888,1762024

Highlighted filing

2024

Assets$912,784
Liabilities$24,608
Net Assets$888,176

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $460,1922010Expenses 2011: $287,3262011Revenue 2012: $510,301Expenses 2012: $497,755Net Income 2012: $12,5462012Revenue 2013: $606,716Expenses 2013: $504,034Net Income 2013: $102,6822013Revenue 2014: $665,463Expenses 2014: $777,272Net Income 2014: -$111,8092014Revenue 2015: $583,678Expenses 2015: $660,922Net Income 2015: -$77,2442015Revenue 2016: $648,033Expenses 2016: $635,915Net Income 2016: $12,1182016Revenue 2017: $825,231Expenses 2017: $980,874Net Income 2017: -$155,6432017Revenue 2018: $768,379Expenses 2018: $729,361Net Income 2018: $39,0182018Revenue 2019: $783,124Expenses 2019: $577,154Net Income 2019: $205,9702019Revenue 2020: $688,986Expenses 2020: $362,449Net Income 2020: $326,5372020Revenue 2021: $613,109Expenses 2021: $509,829Net Income 2021: $103,2802021Revenue 2022: $934,993Expenses 2022: $757,498Net Income 2022: $177,4952022Revenue 2023: $782,167Expenses 2023: $1,057,501Net Income 2023: -$275,3342023Revenue 2024: $687,709Expenses 2024: $757,753Net Income 2024: -$70,0442024

Highlighted filing

2024

Revenue$687,709
Expenses$757,753
Net Income-$70,044

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.91$0.02$0.89$0.69$0.76$0.07
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.98$0.02$0.96$0.78$1.06$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.93$0.76$0.18
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.61$0.51$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.04$0.95$0.69$0.36$0.33
2019Detailed filing. Detailed filing data is available for this year.$0.69$0.02$0.66$0.78$0.58$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.46$0.77$0.73$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.00$0.42$0.83$0.98$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.59$0.02$0.56$0.65$0.64$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.61$0.06$0.55$0.58$0.66$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.10$0.63$0.67$0.78$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$0.61$0.50$0.10
2012Summary only. Only limited summary data is available for this year.$0.73$0.00$0.73$0.51$0.50$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$0.00$0.72$0.29
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.46
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 9, 2025
Return Version
2024v5.1
Gross Receipts
$687,709
Mission and Program Overview

Mission

To lessen the burden of the government of the state of michigan, to promote the public welfare, and to relieve the condition of high unemployment in the state of michigan.

To lessen the burden of the government of the state of michigan, to promote the public welfare

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$727,036$830,484▲ $103,448
Accounts Receivable$120,221$45,930▼ $74,291
Pledges and Grants Receivable$103,202$25,000▼ $78,202
Prepaid Expenses and Deferred Charges$26,673$11,370▼ $15,303
Total Assets$977,132$912,784▼ $64,348
Liabilities
Accounts Payable and Accrued Expenses$18,912$24,608▲ $5,696
Total Liabilities$18,912$24,608▲ $5,696
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$783,220$788,176▲ $4,956
Net Assets With Donor Restrictions$175,000$100,000▼ $75,000
Total Net Assets Fund Balance$958,220$888,176▼ $70,044
Total Liabilities and Net Assets / Fund Balance$977,132$912,784▼ $64,348
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff StoutenburgPresident
Rick LantzVice President
Amy HicksBoard Member
Ashley SavieoBoard Member
Cynthia StumpBoard Member
Deeana AhmedBoard Member
Eleanor ReeceBoard Member
Gabby BrunoBoard Member
George W Cook IiiBoard Member
John Van FossenBoard Member
Joseph RohatynskiBoard Member
Kelly M HallBoard Member
Ken HaywardBoard Member
Nick SitarskiBoard Member
Phil YeiterBoard Member
Renee WilliamsBoard Member
Robert F TownsendBoard Member
Sarah GonzalesBoard Member
Trevor LauerBoard Member
Valerie KnolBoard Member
Rebecca Bahar-cookExecutive Director
Marc R CorriveauTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$678,500
Program Service Revenue
$0
Investment Income
$3,209
Other Revenue
$6,000
All Other Contributions
$678,500
Change in Net Assets
$-70,044

Audited Revenue Reconciliation

Revenue per Audited Statements
$687,709
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$687,709
Total Revenue per Form 990
$687,709
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$757,753
Total Fundraising Expense$112,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$453,860--$453,860
Fees for Services Management-$3,528$112,000$115,528
Fees for Services Accounting-$42,500-$42,500
Fees for Services Legal-$27,360-$27,360
Insurance-$5,723-$5,723
Other Expenses$4,035$3,387-$3,387
Advertising-$612-$612
Total Functional Expenses$562,643$83,110$112,000$757,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$757,753
Total Expenses per Audited Statements$757,753
Total Expenses per Form 990$757,753
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ENTITY OWNED MORE THAN 35% BY OFFICERManagement FeesNo$84,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Management duties were performed by capitol fundraising associates, an outside contractor, for fees of $84,000.

Form 990, Part VI, Section A, Line 6

Classes of members or stockholders any person (person being defined to mean any individual, association, partnership, proprietorship whether sole or otherwise, joint venture, corporation whether public or private and whether profit or nonprofit, trust, foundation, charity, unit of government, or other entity whether public or private) may, upon acceptance by the board of directors, become a member of the foundation on such terms and conditions as set by the board. The number and delineations of the classes of members my be changed from time to time by resolution of the board of directors.

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

Organization's process to review form 990 the foundation's accountant receives and reviews form 990 for accuracy. After the accountant approves the return, it is made available to the board of directors in electronic format. After any board member concerns are addressed, the executive director signs and files the return.

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

Enforcement of conflicts policy the conflict of interest policy and the code of conduct are reviewed annually and all board directors are required to disclose any conflicts of interest and to notify the board of any conflicts that my arise throughout the year.

Form 990, Part VI, Section B, Line 15A

Compensation process for top official compensation is determined by the board of directores and determined based on a comparison of the same position in other similar organizations.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation the organization makes available all documents as required by law. Form 990 is also posted annually at the guidestar website. Form 990 is public information available through the michigan attorney general's office.

Filing and Contact Details

Filer

Filer Name
Michigan Economic Development Foundation
EIN
38-2527475
Phone
5173749111
Address
2145 COMMONS PKWY, OKEMOS, MI 48864

Signing Officer

Name
Rebecca Bahar-cook
Title
Executive Director
Phone
5173749111
Signed
2025-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Bahar-cook
Formed
1984
Legal Domicile
Mi
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
24

Preparer

Firm
Clark Schaefer Hackett & Co
Address
3505 COOLIDGE RD, EAST LANSING, MI 48823
Preparer
Esther Daniel
Phone
5173515508
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation is a not-for-profit corporation and has been granted exemption from income taxes under section 501(c)(3) of the internal revenue code. The foundation is not classified as a private foundation. The code requires that tax-exempt organizations must comply with federal tax law to maintain tax-exempt status and avoid penalties. The foundation is subject to a tax on income from any unrelated business. The foundation has no unrelated business income as defined by section 509 (a)(1) of the code. The foundation evaluates all significant tax positions under a more likely than not threshold as required by u.s. Gaap. As of december 31, 2024, the foundation does not believe that it has taken any tax positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next twelve months. The foundation's tax returns are subject to examination by the appropriate taxing jurisdictions. At december 31, 2024, the foundation's federal tax returns generally remain open for the last three years.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0687709
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt05723
IRS990/InsuranceGrp/TotalAmt05723
IRS990/InvestmentIncomeGrp/ExclusionAmt03209
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03209
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO LESSEN THE BURDEN OF THE GOVERNMENT OF THE STATE OF MICHIGAN, TO PROMOTE THE PUBLIC WELFARE, AND TO RELIEVE THE CONDITION OF HIGH UNEMPLOYMENT IN THE STATE OF MICHIGAN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0958220
IRS990/NetAssetsOrFundBalancesEOYAmt0888176
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0783220
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0788176
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CLIENT DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1DEI
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03387
IRS990/OtherExpensesGrp/ProgramServicesAmt0104748
IRS990/OtherExpensesGrp/ProgramServicesAmt14035
IRS990/OtherExpensesGrp/TotalAmt0104748
IRS990/OtherExpensesGrp/TotalAmt14035
IRS990/OtherExpensesGrp/TotalAmt23387
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt06000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06000
IRS990/OtherRevenueTotalAmt06000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0103202
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt025000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026673
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011370
IRS990/PrincipalOfficerNm0REBECCA BAHAR-COOK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL EVENTS, RECEPTIONS, & CONFERENCES TO PROMOTE ECONOMIC DEVELOPMENT IN MICHIGAN. IN 2024 THESE EVENTS WERE ATTENDED BY MORE THAN 10,000 PARTICIPANTS, INCLUDING BUSINESS REPS AND NATIONAL AND INTERNATIONAL AUTOMOTIVE SUPPLIERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0104748
IRS990/ProgSrvcAccomActy3Grp/Desc0COLLABORATION WITH OTHER LOCAL AND PRIVATE ENTITIES STRIVING TO ENSURE GROWTH AND PROVIDE AN ECONOMIC BOOST AND ENTERTAINMENT TO LOCAL COMMUNITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt04035
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0773000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03742
IRS990/PYOtherExpensesAmt0969501
IRS990/PYOtherRevenueAmt05425
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-275334
IRS990/PYSalariesCompEmpBnftPaidAmt088000
IRS990/PYTotalExpensesAmt01057501
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0782167
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-70044
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0727036
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0830484
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER - 2020 AMOUNT: $ 2,000. 2021 AMOUNT: $ 2,600. 2022 AMOUNT: $ 4,474. 2023 AMOUNT: $ 5,425. 2024 AMOUNT: $ 6,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0678500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0773000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0929750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0609750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0685128
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03676128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03209
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03742
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0769
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0759
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01858
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010337
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05425
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04474
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02600
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02000
IRS990ScheduleA/OtherIncome170Grp/TotalAmt020499
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61820
IRS990ScheduleA/PublicSupportPY170Pct00.66010
IRS990ScheduleA/PublicSupportTotal170Amt02291491
IRS990ScheduleA/SubstantialContributorsTotAmt01384637
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0678500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0773000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0929750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0609750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0685128
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03676128
IRS990ScheduleA/TotalSupportAmt03706964
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0757753
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0687709
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AND HAS BEEN GRANTED EXEMPTION FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE CODE REQUIRES THAT TAX-EXEMPT ORGANIZATIONS MUST COMPLY WITH FEDERAL TAX LAW TO MAINTAIN TAX-EXEMPT STATUS AND AVOID PENALTIES. THE FOUNDATION IS SUBJECT TO A TAX ON INCOME FROM ANY UNRELATED BUSINESS. THE FOUNDATION HAS NO UNRELATED BUSINESS INCOME AS DEFINED BY SECTION 509 (A)(1) OF THE CODE. THE FOUNDATION EVALUATES ALL SIGNIFICANT TAX POSITIONS UNDER A MORE LIKELY THAN NOT THRESHOLD AS REQUIRED BY U.S. GAAP. AS OF DECEMBER 31, 2024, THE FOUNDATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE FOUNDATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE TAXING JURISDICTIONS. AT DECEMBER 31, 2024, THE FOUNDATION'S FEDERAL TAX RETURNS GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0757753
IRS990ScheduleD/TotalRevenuePerForm990Amt0687709
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0687709
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0757753
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0REBECCA BAHAR-COOK
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0ENTITY OWNED MORE THAN 35% BY OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt084000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT FEES

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