Civic Intelligence

Novi Educational Foundation

990 • Fiscal year 2017 • EIN 38-2665305

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 01, 2017

Organization ProfileWWW.NOVIEDUCATIONALFOUNDATION.ORG
25345 Taft RoadNovi, MI 48374

(248) 449-1203

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.05x

Higher debt load relative to assets than 53% of similar nonprofits.

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

Liabilities / Revenue

81st percentile

0.35x

Higher debt load relative to revenue than 81% of similar nonprofits.

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

Net Margin

7th percentile

-43%

Higher net margin than 7% 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

52nd percentile

4.1%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

19th percentile

-13%

Faster revenue growth than 19% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$718,608

Up $28,593 (+4.1%) from 2016

Net Assets

Up

$685,208

Up $27,193 (+4.1%) from 2016

Liabilities

Up

$33,400

Up $1,400 (+4.4%) from 2016

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin7th percentile

Revenue

Down

$95,147

Down $14,654 (-13%) from 2016

Expenses

Up

$136,417

Up $45,209 (+50%) from 2016

Net Income

Down

-$41,270

Down $59,863 (-322%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $670,200Liabilities 2011: $8,840Net Assets 2011: $661,3602011Assets 2012: $655,299Liabilities 2012: $30,900Net Assets 2012: $624,3992012Assets 2013: $676,787Liabilities 2013: $20,523Net Assets 2013: $656,2642013Assets 2014: $724,345Liabilities 2014: $25,000Net Assets 2014: $699,3452014Assets 2015: $718,641Liabilities 2015: $27,364Net Assets 2015: $691,2772015Assets 2016: $690,015Liabilities 2016: $32,000Net Assets 2016: $658,0152016Assets 2017: $718,608Liabilities 2017: $33,400Net Assets 2017: $685,2082017Assets 2018: $725,021Liabilities 2018: $26,425Net Assets 2018: $698,5962018Assets 2019: $768,095Liabilities 2019: $19,183Net Assets 2019: $748,9122019Assets 2020: $986,157Liabilities 2020: $82,629Net Assets 2020: $903,5282020Assets 2021: $984,605Liabilities 2021: $63,436Net Assets 2021: $921,1692021Assets 2022: $1,207,873Liabilities 2022: $261,410Net Assets 2022: $946,4632022Assets 2023: $1,147,952Liabilities 2023: $186,993Net Assets 2023: $960,9592023Assets 2024: $1,136,797Liabilities 2024: $80,163Net Assets 2024: $1,056,6342024

Highlighted filing

2017

Assets$718,608
Liabilities$33,400
Net Assets$685,208
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $80,085Expenses 2011: $52,186Net Income 2011: $27,8992011Expenses 2012: $91,6842012Revenue 2013: $104,345Expenses 2013: $106,113Net Income 2013: -$1,7682013Revenue 2014: $120,071Expenses 2014: $114,939Net Income 2014: $5,1322014Revenue 2015: $165,599Expenses 2015: $96,183Net Income 2015: $69,4162015Revenue 2016: $109,801Expenses 2016: $91,208Net Income 2016: $18,5932016Revenue 2017: $95,147Expenses 2017: $136,417Net Income 2017: -$41,2702017Revenue 2018: $122,041Expenses 2018: $114,821Net Income 2018: $7,2202018Revenue 2019: $185,645Expenses 2019: $135,329Net Income 2019: $50,3162019Revenue 2020: $344,287Expenses 2020: $189,671Net Income 2020: $154,6162020Revenue 2021: $188,982Expenses 2021: $113,537Net Income 2021: $75,4452021Revenue 2022: $413,315Expenses 2022: $366,981Net Income 2022: $46,3342022Revenue 2023: $102,153Expenses 2023: $148,452Net Income 2023: -$46,2992023Revenue 2024: $348,182Expenses 2024: $326,474Net Income 2024: $21,7082024

Highlighted filing

2017

Revenue$95,147
Expenses$136,417
Net Income-$41,270
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 1, 2017
Return Version
2016v3.0
Gross Receipts
$289,784
Mission and Program Overview

Mission

Enrich the educational experience of each student and our community by supporting learning opportunities that require financial resources beyond the district

Work in conjunction with the novi community school district by providing educational opportunities and program enhancements to help develop each student's potential with a world class education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$644,252$692,589▲ $48,337
Cash and Non-Interest-Bearing Accounts$45,763$18,091▼ $27,672
Prepaid Expenses and Deferred Charges-$6,000-
Land, Buildings, and Equipment, Net-$1,928-
Total Assets$690,015$718,608▲ $28,593
Liabilities
Accounts Payable and Accrued Expenses$32,000$33,400▲ $1,400
Total Liabilities$32,000$33,400▲ $1,400
Net Assets / Fund Balance
Permanently Rstr Net Assets$578,599$619,517▲ $40,918
Unrestricted Net Assets$79,416$65,691▼ $13,725
Total Net Assets Fund Balance$658,015$685,208▲ $27,193
Total Liabilities and Net Assets / Fund Balance$690,015$718,608▲ $28,593

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,928$2,072$4,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$359,137-▲ $55,583-$414,720
2016$380,965-▼ $21,828-$359,137
2015$376,719-▲ $4,246-$380,965
2014$318,949-▲ $57,770-$376,719
2013$282,654-▲ $36,295-$318,949
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Thomas SmithChairperson
THOMAS O'CONNORVice Chairpe
Bobbie MurphyTrustee
David HarpaneauTrustee
Dr Sean BakTrustee
Jeff NielsonTrustee
Marla BradleeTrustee
Nisha RushtonTrustee
Punita Dani ThurmanTrustee
Tomoko TakashimaTrustee
Jason SmithExecutive Di
Dr Karl TarkanyiSecretary
Dr Steven MatthewsSuperintende
Susan RybaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$8,098
Program Service Revenue
$0
Investment Income
$16,428
Other Revenue
$70,621
All Other Contributions
$8,098
Change in Net Assets
$-41,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$73,052
Salaries, Compensation, and Employee Benefits$32,500
Other Expenses$30,865
Total Fundraising Expense$14,515
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$37,200--$37,200
Grants to Domestic Orgs$35,852--$35,852
Other Salaries and Wages$10,833$10,833$10,834$32,500
Fees for Services Other$5,920$5,920$630$12,470
Fees for Service Investment Mgmnt Fees-$7,511-$7,511
Depreciation Depletion$2,072--$2,072
Insurance-$999-$999
Other Expenses-$650$2,969$650
Fees for Services Accounting-$600-$600
Advertising-$462-$462
Office Expenses$82$165$82$329
All Other Expenses-$141-$141
Total Functional Expenses$91,959$29,943$14,515$136,417
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Novi Community School DistrictNovi, MI-Teachers - New Equip$11,602
Novi Community School DistrictNovi, MI-Leader in Me$11,000
Novi Community School DistrictNovi, MI-Ncsd Maker Space$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$133,242
Fundraising Direct Expenses$62,621
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Green Gala$109,290$109,290$43,918$65,372
Golf Outing$22,415$22,415$18,503$3,912
Total Events$131,705$131,705$62,421$69,284
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
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
No

Governance Explanations

Form 990, Part VI

“Line 19 - documents are available to the public upon request”

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

“The returns are provided to the officer signing the return for review before submission”

Form 990, Page 6, Part VI, Line 15A

“Executive director base pay is 60,000 per fiscal year. Bonus and residual pay structure in place.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available to public upon request”

Filing and Contact Details

Filer

Filer Name
Novi Educational Foundation
EIN
38-2665305
Phone
2484491203
Address
25345 TAFT ROAD, NOVI, MI 48374

Signing Officer

Name
Thomas Smith
Title
Chairperson
Phone
2484491203
Signed
2017-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Smith
Formed
1986
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
50

Preparer

Firm
Howard I Bleiwas and Assoc CPA Pllc
Address
39500 HIGH POINTE BLVD STE 145, NOVI, MI 48375
Preparer
Howard I Bleiwas CPA
Phone
2483801811
Raw XML AppendixShowing 400 of 467 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt032000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt033400
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WORK IN CONJUNCTION WITH THE NOVI COMMUNITY SCHOOL DISTRICT BY PROVIDING EDUCATIONAL OPPORTUNITIES AND PROGRAM ENHANCEMENTS TO HELP DEVELOP EACH STUDENT'S POTENTIAL WITH A WORLD CLASS EDUCATION
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0462
IRS990/AdvertisingGrp/TotalAmt0462
IRS990/AllOtherContributionsAmt08098
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0141
IRS990/AllOtherExpensesGrp/TotalAmt0141
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0JASON SMITH
IRS990/BooksInCareOfDetail/PhoneNum02484491203
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt025345 TAFT RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0NOVI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048374
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt045763
IRS990/CashNonInterestBearingGrp/EOYAmt018091
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08098
IRS990/CYGrantsAndSimilarPaidAmt073052
IRS990/CYInvestmentIncomeAmt016428
IRS990/CYOtherExpensesAmt030865
IRS990/CYOtherRevenueAmt070621
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-41270
IRS990/CYSalariesCompEmpBnftPaidAmt032500
IRS990/CYTotalExpensesAmt0136417
IRS990/CYTotalFundraisingExpenseAmt014515
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt095147
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt02072
IRS990/DepreciationDepletionGrp/TotalAmt02072
IRS990/Desc0EDUCATIONAL ENRICHMENT THROUGH THE FUNDING OF GRANTS, SCHOLARSHIPS AND PROGRAMS OF THE NOVI COMMUNITY SCHOOL DISTRICT
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt091959
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0600
IRS990/FeesForServicesAccountingGrp/TotalAmt0600
IRS990/FeesForServicesOtherGrp/FundraisingAmt0630
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05920
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt05920
IRS990/FeesForServicesOtherGrp/TotalAmt012470
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt07511
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt07511
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0DR STEVEN MATTHEWS
IRS990/Form990PartVIISectionAGrp/PersonNm1DR SEAN BAK
IRS990/Form990PartVIISectionAGrp/PersonNm2MARLA BRADLEE
IRS990/Form990PartVIISectionAGrp/PersonNm3DAVID HARPANEAU
IRS990/Form990PartVIISectionAGrp/PersonNm4NISHA RUSHTON
IRS990/Form990PartVIISectionAGrp/PersonNm5TOMOKO TAKASHIMA
IRS990/Form990PartVIISectionAGrp/PersonNm6PUNITA DANI THURMAN
IRS990/Form990PartVIISectionAGrp/PersonNm7BOBBIE MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm8JEFF NIELSON
IRS990/Form990PartVIISectionAGrp/PersonNm9THOMAS SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm10THOMAS O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm11DR KARL TARKANYI
IRS990/Form990PartVIISectionAGrp/PersonNm12SUSAN RYBA
IRS990/Form990PartVIISectionAGrp/PersonNm13JASON SMITH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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/TitleTxt0SUPERINTENDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIRPE
IRS990/Form990PartVIISectionAGrp/TitleTxt11SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DI
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt062621
IRS990/FundraisingGrossIncomeAmt0133242
IRS990/GainOrLossGrp/OtherAmt03985
IRS990/GainOrLossGrp/SecuritiesAmt0-3549
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt073052
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt037200
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt037200
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt035852
IRS990/GrantsToDomesticOrgsGrp/TotalAmt035852
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt03985
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0128467
IRS990/GrossReceiptsAmt0289784
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0999
IRS990/InsuranceGrp/TotalAmt0999
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt015992
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015992
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0644252
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0692589
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02072
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01928
IRS990/LandBldgEquipCostOrOtherBssAmt04000
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0132016
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ENRICH THE EDUCATIONAL EXPERIENCE OF EACH STUDENT AND OUR COMMUNITY BY SUPPORTING LEARNING OPPORTUNITIES THAT REQUIRE FINANCIAL RESOURCES BEYOND THE DISTRICT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0658015
IRS990/NetAssetsOrFundBalancesEOYAmt0685208
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0436
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0436
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt070621
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt070621
IRS990/NetUnrlzdGainsLossesInvstAmt068463
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt082
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0165
IRS990/OfficeExpensesGrp/ProgramServicesAmt082
IRS990/OfficeExpensesGrp/TotalAmt0329
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc1REIMBURSED EXPENSES
IRS990/OtherExpensesGrp/Desc2STAFF DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3PROMOTION
IRS990/OtherExpensesGrp/FundraisingAmt02969
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01712
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1950
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2650
IRS990/OtherExpensesGrp/TotalAmt02969
IRS990/OtherExpensesGrp/TotalAmt11712
IRS990/OtherExpensesGrp/TotalAmt2950
IRS990/OtherExpensesGrp/TotalAmt3650
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010834
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010833
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010833
IRS990/OtherSalariesAndWagesGrp/TotalAmt032500
IRS990/PartialLiquidationInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0578599
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0619517
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06000
IRS990/PrincipalOfficerNm0THOMAS SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt020168
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt065194
IRS990/PYInvestmentIncomeAmt035437
IRS990/PYOtherExpensesAmt026014
IRS990/PYOtherRevenueAmt054196
IRS990/PYRevenuesLessExpensesAmt018593
IRS990/PYTotalExpensesAmt091208
IRS990/PYTotalRevenueAmt0109801
IRS990/ReconcilationRevenueExpnssAmt0-41270
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION QUALIFIES AS PUBLICLY SUPPORTED ORGANIZATION DUE TO THE FOLLOWING: THE ORGANIZATION'S FUNDS ARE SUPPORTED BY DONORS INCLUDING INDIVIDUALS AND BUSINESSES WHO WANT THE EDUCATIONAL EXPERIENCE AT NOVI SCHOOLS TO THE BEST POSSIBLE. THE ORGANIZATION MAINTAINS A WEBSITE TO RECEIVE DONATIONS AS WELL AS SEVERAL FUNDRAISERS OPEN TO THE PUBLIC TO ATTEND DURING THE YEAR. THE ORGANIZATION EXECUTES ITS MISSION BY PROVIDING FUNDS FOR DISTRICT WIDE PROGRAMS, INNOVATIVE TEACHER GRANTS AND SCHOLARSHIPS THAT IMPACT EACH STUDENT IN THE NOVI COMMUNITY SCHOOL DISTRICT. THE ORGANIZAITON MAINTAINS A GOVERNING BODY OF 18 MEMBERS WHO OVERSEE ITS ACTIVITIES WHILE MAINTAINING THE BROAD INTERESTS OF THE PUBLIC AS WELL AS ADHERING TO THE ORGANIZATION'S MISSION STATEMENT. THE ORGANIZATION ENRICHES THE EDUCATIONAL EXPERIENCE OF EACH STUDENT AND THE COMMNUNITY BY SUPPORTING OPPORTUNITIES THAT REQUIRE FINANCIAL RESOURCES BEYOND THE DISTRICT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0FUNDRAISING EVENTS 370,852
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION QUALIFIES AS PUBLICLY SUPPORTED ORGANIZATION DUE TO THE FOLLOWING: THE ORGANIZATION'S FUNDS ARE SUPPORTED BY DONORS INCLUDING INDIVIDUALS AND BUSINESSES WHO WANT THE EDUCATIONAL EXPERIENCE AT NOVI SCHOOLS TO THE BEST POSSIBLE. THE ORGANIZATION MAINTAINS A WEBSITE TO RECEIVE DONATIONS AS WELL AS SEVERAL FUNDRAISERS OPEN TO THE PUBLIC TO ATTEND DURING THE YEAR. THE ORGANIZATION EXECUTES ITS MISSION BY PROVIDING FUNDS FOR DISTRICT WIDE PROGRAMS, INNOVATIVE TEACHER GRANTS AND SCHOLARSHIPS THAT IMPACT EACH STUDENT IN THE NOVI COMMUNITY SCHOOL DISTRICT. THE ORGANIZAITON MAINTAINS A GOVERNING BODY OF 18 MEMBERS WHO OVERSEE ITS ACTIVITIES WHILE MAINTAINING THE BROAD INTERESTS OF THE PUBLIC AS WELL AS ADHERING TO THE ORGANIZATION'S MISSION STATEMENT. THE ORGANIZATION ENRICHES THE EDUCATIONAL EXPERIENCE OF EACH STUDENT AND THE COMMNUNITY BY SUPPORTING OPPORTUNITIES THAT REQUIRE FINANCIAL RESOURCES BEYOND THE DISTRICT.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, LINE 17A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt024663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt013766
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt026700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt093395
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019977
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt023745
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035805
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt034647
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024603
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0138777
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0101199
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0133242
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt077410
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt059471
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt055084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt045645
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0370852
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.15490
IRS990ScheduleA/PublicSupportPY170Pct00.20900
IRS990ScheduleA/PublicSupportTotal170Amt093395
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020168
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt024663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt013766
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026700
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt093395
IRS990ScheduleA/TotalSupportAmt0603024
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0359137
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0414720
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt055583
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0380965
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0359137
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-21828
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0376719
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0380965
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04246
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0318949
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0376719
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt057770
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0282654
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0318949
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt036295
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt02400
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt07500
IRS990ScheduleD/DonorAdvisedFundsHeldCnt04
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt033624
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/FundsAndOtherAccountsGrantsAmt028700
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt04
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt0254245
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01928
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02072
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04000
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01928
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt062421
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GREEN GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0109290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt022415
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0131705
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0109290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt022415
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0131705
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt069284
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt062421
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt043918
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt018503
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt035200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt12000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1NEW TEACHERS
IRS990ScheduleI/RecipientTable/CashGrantAmt011602
IRS990ScheduleI/RecipientTable/CashGrantAmt111000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TEACHERS - NEW EQUIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1LEADER IN ME
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2NCSD MAKER SPACE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NOVI COMMUNITY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NOVI COMMUNITY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NOVI COMMUNITY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0386003067
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt025345 TAFT ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt125345 TAFT ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt225345 TAFT ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NOVI
IRS990ScheduleI/RecipientTable/USAddress/CityNm1NOVI
IRS990ScheduleI/RecipientTable/USAddress/CityNm2NOVI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048374
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd148374
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd248374
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS COMMITTEE REVIEWS EACH APPLICATION SUBMITTED BY TEACHER AND SELECTION IS APPROVED BY BOARD OF DIRECTORS FOR NOVI EDUCATIONAL FOUNDATION
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 19 - DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURNS ARE PROVIDED TO THE OFFICER SIGNING THE RETURN FOR REVIEW BEFORE SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE DIRECTOR BASE PAY IS 60,000 PER FISCAL YEAR. BONUS AND RESIDUAL PAY STRUCTURE IN PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0690015
IRS990/TotalAssetsEOYAmt0718608
IRS990/TotalAssetsGrp/BOYAmt0690015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$718,608
Liabilities
$33,400
Net assets
$685,208
Revenue
$95,147
Expenses
$136,417
Net income
-$41,270
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$0.08$1.06$0.35$0.33$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.15$0.19$0.96$0.10$0.15$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.26$0.95$0.41$0.37$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.06$0.92$0.19$0.11$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.08$0.90$0.34$0.19$0.15
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.02$0.75$0.19$0.14$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.03$0.70$0.12$0.11$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.03$0.69$0.10$0.14$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.03$0.66$0.11$0.09$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.03$0.69$0.17$0.10$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.72$0.03$0.70$0.12$0.11$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.02$0.66$0.10$0.11$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.03$0.62$0.09
2011Summary only. Only limited summary data is available for this year.$0.67$0.01$0.66$0.08$0.05$0.03