Civic Intelligence

Lenawee County Educational Foundation

990 • Fiscal year 2015 • EIN 38-2644523

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 03, 2015

4107 North Adrian HwyAdrian, MI 49221

(517) 265-1640

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

82nd percentile

25%

Higher net margin than 82% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

50th percentile

3.2%

Faster revenue growth than 50% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$658,234

Up $75,498 (+13%) from 2014

Net Assets

Up

$658,234

Up $75,498 (+13%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$316,382

Up $9,871 (+3.2%) from 2014

Expenses

Down

$237,780

Down $83,543 (-26%) from 2014

Net Income

Up

$78,602

Up $93,414 (+631%) from 2014

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: $466,276Net Assets 2010: $466,2762010Assets 2011: $481,992Liabilities 2011: $0Net Assets 2011: $481,9922011Assets 2012: $577,903Liabilities 2012: $0Net Assets 2012: $577,9032012Assets 2013: $587,395Liabilities 2013: $0Net Assets 2013: $587,3952013Assets 2014: $582,736Liabilities 2014: $0Net Assets 2014: $582,7362014Assets 2015: $658,234Liabilities 2015: $0Net Assets 2015: $658,2342015Assets 2016: $719,792Liabilities 2016: $0Net Assets 2016: $719,7922016Assets 2017: $762,558Liabilities 2017: $0Net Assets 2017: $762,5582017Assets 2018: $760,873Liabilities 2018: $0Net Assets 2018: $760,8732018Assets 2019: $818,222Liabilities 2019: $0Net Assets 2019: $818,2222019Assets 2020: $794,724Liabilities 2020: $0Net Assets 2020: $794,7242020Assets 2021: $847,682Liabilities 2021: $0Net Assets 2021: $847,6822021Assets 2022: $798,787Liabilities 2022: $0Net Assets 2022: $798,7872022Assets 2023: $1,398,512Liabilities 2023: $0Net Assets 2023: $1,398,5122023Assets 2024: $1,342,865Liabilities 2024: $0Net Assets 2024: $1,342,8652024Assets 2025: $1,372,550Liabilities 2025: $0Net Assets 2025: $1,372,5502025

Highlighted filing

2015

Assets$658,234
Liabilities$0
Net Assets$658,234

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $286,508Expenses 2010: $247,443Net Income 2010: $39,0652010Revenue 2011: $259,143Expenses 2011: $239,119Net Income 2011: $20,0242011Expenses 2012: $275,7282012Revenue 2013: $265,540Expenses 2013: $258,920Net Income 2013: $6,6202013Revenue 2014: $306,511Expenses 2014: $321,323Net Income 2014: -$14,8122014Revenue 2015: $316,382Expenses 2015: $237,780Net Income 2015: $78,6022015Revenue 2016: $173,131Expenses 2016: $230,467Net Income 2016: -$57,3362016Revenue 2017: $255,220Expenses 2017: $222,316Net Income 2017: $32,9042017Revenue 2018: $222,359Expenses 2018: $231,561Net Income 2018: -$9,2022018Revenue 2019: $369,808Expenses 2019: $307,411Net Income 2019: $62,3972019Revenue 2020: $204,511Expenses 2020: $230,660Net Income 2020: -$26,1492020Revenue 2021: $252,379Expenses 2021: $232,916Net Income 2021: $19,4632021Revenue 2022: $289,809Expenses 2022: $292,614Net Income 2022: -$2,8052022Revenue 2023: $878,796Expenses 2023: $292,390Net Income 2023: $586,4062023Revenue 2024: $326,564Expenses 2024: $401,288Net Income 2024: -$74,7242024Revenue 2025: $378,842Expenses 2025: $360,840Net Income 2025: $18,0022025

Highlighted filing

2015

Revenue$316,382
Expenses$237,780
Net Income$78,602
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 3, 2015
Return Version
2014v5.0
Gross Receipts
$342,290
Mission and Program Overview

Mission

The foundation's primary objective is to receive and disburse funds, property and gifts of any kind exclusively for the benefit of the lenawee intermediate school district and its educational system.

The lenawee county education foundation utilizes community donations to provide financial support for innovative educational programs that are not ordinarily provided through a school's general operating budget.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$329,445$407,107▲ $77,662
Savings and Temporary Cash Investments$235,384$236,080▲ $696
Investments in Publicly Traded Securities$17,907$15,047▼ $2,860
Total Assets$582,736$658,234▲ $75,498
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$583,234$658,558▲ $75,324
Unrestricted Net Assets$-498$-324▲ $174
Total Net Assets Fund Balance$582,736$658,234▲ $75,498
Total Liabilities and Net Assets / Fund Balance$582,736$658,234▲ $75,498
Compensation and Service Providers

Board Members and Trustees

NameTitle
-Chairman
-Vice-chairma
-Trustee
Doug GrayTrustee
Jan ParsonTrustee
Jmartin ThompsonTrustee
John J WankeTrustee
Kelli Groeb-petersTrustee
Mark PenningtonTrustee
Steve KrusichTrustee
Theresa PowersTrustee
-Executive Di
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$291,054
Program Service Revenue
$0
Investment Income
$1,446
Other Revenue
$23,882
All Other Contributions
$291,054
Change in Net Assets
$78,602

Audited Revenue Reconciliation

Revenue per Audited Statements
$316,382
Total Revenue per Audited Statements
$316,382
Total Revenue per Form 990
$316,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$231,717
Other Expenses$6,063
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$231,717--$231,717
Other Expenses$95--$95
Total Functional Expenses$237,780$0$0$237,780

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$237,780
Total Expenses per Audited Statements$237,780
Total Expenses per Form 990$237,780
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$49,790
Fundraising Direct Expenses$25,908
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Strokes for Stu$39,430$39,430$1,998$37,432
Stubnitz Ee Din$10,360$10,360-$10,360
Total Events$49,790$49,790$25,908$23,882
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Lenawee county education foundation lenawee community foundation president trustee business relationship

Form 990, Page 6, Part VI, Line 11B

The form 990 is reviewed by the audit committee prior to filing.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Lenawee County Education Foundation
EIN
38-2644523
Phone
5172651640
Address
4107 NORTH ADRIAN HWY, ADRIAN, MI 49221

Signing Officer

Name
Stanley Caine
Title
Treasurer
Phone
5172651640
Signed
2015-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanley Caine
Formed
1985
Legal Domicile
Mi
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
Gross Puckey Gruel & Roof Pc
Address
4196 W MAPLE AVENUE, ADRIAN, MI 49221
Preparer
Brian Nofzinger
Phone
5172635788
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Unrealized gain on investment -3,104

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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt049790
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IRS990ScheduleA/PublicSupportCY170Pct00.82780
IRS990ScheduleA/PublicSupportPY170Pct00.74530
IRS990ScheduleA/PublicSupportTotal170Amt01126714
IRS990ScheduleA/SubstantialContributorsTotAmt0223122
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0351776
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0230193
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01349836
IRS990ScheduleA/TotalSupportAmt01361087
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IRS990ScheduleD/RevenueSubtotalAmt0316382
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IRS990ScheduleD/TotalRevenuePerForm990Amt0316382
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025908
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0STROKES FOR STU
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0STUBNITZ EE DIN
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt07839
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0231717
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL SCHOLARSHIPS
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0STUDENTS APPLY FOR SCHOLARSHIPS JANUARY-MARCH. APPLICATIONS ARE REVEIWED BY SELECTION COMMITTEE MARCH-APRIL. SELECTION COMMITTEE INFORMS STAFF OF RECIPIENTS. RECIPIENT IS INFORMED OF SELECTION, LETTER IS SENT TO STUDENT REQUESTING DOCUMENTATION FOR PAYMENT AWARD (COPIES OF THANK YOU NOTE AND FALL REGISTRATION SCHEDULE). PAYMENT IS ISSUED TO STUDENT AND COLLEGE/UNIVERSITY ALONG WITH A COVER LETTER TO THE FINANCIAL AID OFFICE.
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LENAWEE COUNTY EDUCATION FOUNDATION LENAWEE COMMUNITY FOUNDATION PRESIDENT TRUSTEE BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNREALIZED GAIN ON INVESTMENT -3,104
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TotalContributionsAmt0291054
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0237780
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-498
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-324
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0ADRIAN
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049221
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.LENAWEECEF.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STANLEY CAINE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05172651640
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LENAWEE COUNTY EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LENA
ReturnHeader/Filer/EIN0382644523
ReturnHeader/Filer/PhoneNum05172651640
ReturnHeader/Filer/USAddress/AddressLine1Txt04107 NORTH ADRIAN HWY
ReturnHeader/Filer/USAddress/CityNm0ADRIAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GROSS PUCKEY GRUEL & ROOF PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04196 W MAPLE AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ADRIAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049221
ReturnHeader/PreparerPersonGrp/PhoneNum05172635788
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN NOFZINGER
ReturnHeader/ReturnTs02015-11-06T09:55:12-06:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.38$0.36$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.33$0.40$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.88$0.29$0.59
2022Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.29$0.29$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.25$0.23$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.20$0.23$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.37$0.31$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.22$0.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.26$0.22$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.17$0.23$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.32$0.24$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.31$0.32$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.00$0.59$0.27$0.26$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$0.28
2011Summary only. Only limited summary data is available for this year.$0.48$0.00$0.48$0.26$0.24$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.47$0.29$0.25$0.04