Civic Intelligence

Parchment Schools Foundation

990EZ • Fiscal year 2022 • EIN 38-2564327

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 10, 2022

Organization Profileparchmentschools.org/foundation
520 N Orient StParchment, MI 49004

(269) 488-1050

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

88th percentile

69%

Faster asset growth than 88% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

63rd percentile

27%

Faster revenue growth than 63% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$309,852

Up $126,934 (+69%) from 2021

Net Assets

Up

$309,852

Up $126,934 (+69%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin92nd percentile

Revenue

Up

$25,981

Up $5,601 (+27%) from 2021

Expenses

Down

$10,318

Down $38,031 (-79%) from 2021

Net Income

Up

$15,663

Up $43,632 (+156%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$400K$300K$200K$100K$0Assets 2011: $274,771Liabilities 2011: $02011Assets 2012: $283,484Liabilities 2012: $02012Assets 2013: $266,818Liabilities 2013: $02013Assets 2014: $251,762Liabilities 2014: $02014Assets 2015: $247,165Liabilities 2015: $02015Assets 2016: $232,783Liabilities 2016: $02016Assets 2017: $234,195Liabilities 2017: $02017Assets 2018: $227,151Liabilities 2018: $02018Assets 2019: $212,679Liabilities 2019: $02019Assets 2020: $210,887Liabilities 2020: $02020Assets 2021: $182,918Liabilities 2021: $0Net Assets 2021: $182,9182021Assets 2022: $309,852Liabilities 2022: $0Net Assets 2022: $309,8522022

Highlighted filing

2022

Assets$309,852
Liabilities$0
Net Assets$309,852
Open 2022 Filing

Operations Trend

Revenue Growth63rd percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2011: $6,248Expenses 2011: $23,004Net Income 2011: -$16,7562011Revenue 2012: $25,327Expenses 2012: $16,614Net Income 2012: $8,7132012Revenue 2013: $11,885Expenses 2013: $28,551Net Income 2013: -$16,6662013Revenue 2014: $10,239Expenses 2014: $25,295Net Income 2014: -$15,0562014Revenue 2015: $8,142Expenses 2015: $12,739Net Income 2015: -$4,5972015Revenue 2016: $12,188Expenses 2016: $26,570Net Income 2016: -$14,3822016Revenue 2017: $24,320Expenses 2017: $22,908Net Income 2017: $1,4122017Revenue 2018: $13,144Expenses 2018: $20,188Net Income 2018: -$7,0442018Revenue 2019: $16,675Expenses 2019: $31,147Net Income 2019: -$14,4722019Revenue 2020: $22,453Expenses 2020: $24,245Net Income 2020: -$1,7922020Revenue 2021: $20,380Expenses 2021: $48,349Net Income 2021: -$27,9692021Revenue 2022: $25,981Expenses 2022: $10,318Net Income 2022: $15,6632022

Highlighted filing

2022

Revenue$25,981
Expenses$10,318
Net Income$15,663
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 10, 2022
Return Version
2021v4.0
Gross Receipts
$26,031
Mission and Program Overview

Mission

Grants/Scholarships for Parchment School District staff and students.

Program Services

DescriptionGrantsExpenses
Student Scholarships$7,900$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas AndrewsPresident-$0--
Jason MisnerSecretary-$0--
Amy McMannTreasurer-$0--
Julia KaemmingVice President-$0--
Mary FaurelTrustee-$0--
Heidi KoulTrustee-$0--
Judy RuppTrustee-$0--
Colette JasiakTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Parchment Schools Foundation
EIN
38-2564327
Phone
2694881050
Address
520 N Orient St, Parchment, MI 49004

Signing Officer

Name
Amy McMann
Title
Treasurer
Phone
2694881065
Signed
2022-11-10
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

“Scholarships for students. Checks written to colleges. $1400 to Parchment School District employees gifts for employee appreciation.”

Form 990-EZ, Part I, Line 16

“License Fee and Bank fee. $1397.61 account closed and returned to donor.”

Form 990-EZ, Part I, Line 20

“Money set aside prior fund balance adjustment - No interest.”

Raw XML Appendix194 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0520 N Orient St
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Parchment
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049004
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0182918
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt07900
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OccupancyRentUtltsAndMaintAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Andrews
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Jason Misner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Amy McMann
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Julia Kaemming
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Mary Faurel
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Heidi Koul
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Judy Rupp
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Colette Jasiak
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Trustee
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0111271
IRS990EZ/OtherExpensesTotalAmt01449
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Grants/Scholarships for Parchment School District staff and students.
IRS990EZ/PrintingPublicationsPostageAmt0969
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Student Scholarships
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07900
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd01
IRS990EZ/SpecialEventsDirectExpensesAmt050
IRS990EZ/SpecialEventsNetIncomeLossAmt03250
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt010318
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt025981
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationOtherDesc0Foundation
IRS990EZ/TypeOfOrganizationOtherInd0X
IRS990EZ/WebsiteAddressTxt0parchmentschools.org/foundation
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd00
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0No Newspaper or radio ads
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarships for students. Checks written to colleges. $1400 to Parchment School District employees gifts for employee appreciation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1License Fee and Bank fee. $1397.61 account closed and returned to donor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Money set aside prior fund balance adjustment - No interest.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Amy McMann
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02694881065
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PARCHMENT SCHOOLS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PARC
ReturnHeader/Filer/EIN0382564327
ReturnHeader/Filer/PhoneNum02694881050
ReturnHeader/Filer/USAddress/AddressLine1Txt0520 N Orient St
ReturnHeader/Filer/USAddress/CityNm0Parchment
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049004
ReturnHeader/ReturnTs02022-11-10T13:35:31-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$309,852
Liabilities
$0
Net assets
$309,852
Revenue
$25,981
Expenses
$10,318
Net income
$15,663
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$0.26$0.10$0.16
2021Detailed filing. Detailed filing data is available for this year.$1.83$0.00$1.83$0.20$0.48$0.28
2020Summary only. Only limited summary data is available for this year.$2.11$0.00$0.22$0.24$0.02
2019Summary only. Only limited summary data is available for this year.$2.13$0.00$0.17$0.31$0.14
2018Summary only. Only limited summary data is available for this year.$2.27$0.00$0.13$0.20$0.07
2017Summary only. Only limited summary data is available for this year.$2.34$0.00$0.24$0.23$0.01
2016Summary only. Only limited summary data is available for this year.$2.33$0.00$0.12$0.27$0.14
2015Summary only. Only limited summary data is available for this year.$2.47$0.00$0.08$0.13$0.05
2014Summary only. Only limited summary data is available for this year.$2.52$0.00$0.10$0.25$0.15
2013Summary only. Only limited summary data is available for this year.$2.67$0.00$0.12$0.29$0.17
2012Summary only. Only limited summary data is available for this year.$2.83$0.00$0.25$0.17$0.09
2011Summary only. Only limited summary data is available for this year.$2.75$0.00$0.06$0.23$0.17