Civic Intelligence

The Valenti Foundation

990PF • Fiscal year 2022 • EIN 38-2729523

Dec 01, 2021 to Nov 30, 2022 • Filed on Mar 18, 2023

255 Martell DriveBloomfield Hills, MI 48304-3449

(248) 622-1780

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-56322%

Higher net margin than 1% of similar nonprofits.

2022 filings • <$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 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2022 filings • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-96%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$214,495

Down $36,046 (-14%) from 2021

Net Assets

Down

$214,495

Down $36,046 (-14%) from 2021

Liabilities

Flat

$1

Flat from 2021

Revenue

Down

$64

Down $1,639 (-96%) from 2021

Expenses

Down

$36,110

Down $30,710 (-46%) from 2021

Net Income

Up

-$36,046

Up $29,071 (+45%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $517,344Liabilities 2010: $0Net Assets 2010: $517,3442010Assets 2011: $480,498Liabilities 2011: $0Net Assets 2011: $480,4982011Assets 2012: $464,679Liabilities 2012: $0Net Assets 2012: $464,6792012Assets 2013: $487,869Liabilities 2013: $1Net Assets 2013: $487,8692013Assets 2014: $421,535Liabilities 2014: $1Net Assets 2014: $421,5352014Assets 2015: $577,396Liabilities 2015: $1Net Assets 2015: $577,3962015Assets 2016: $599,327Liabilities 2016: $0Net Assets 2016: $599,3272016Assets 2017: $554,512Liabilities 2017: $0Net Assets 2017: $554,5122017Assets 2018: $479,693Liabilities 2018: $0Net Assets 2018: $479,6932018Assets 2019: $378,721Liabilities 2019: $1Net Assets 2019: $378,7212019Assets 2020: $315,658Liabilities 2020: $1Net Assets 2020: $315,6582020Assets 2021: $250,541Liabilities 2021: $1Net Assets 2021: $250,5412021Assets 2022: $214,495Liabilities 2022: $1Net Assets 2022: $214,4952022Assets 2023: $199,366Liabilities 2023: $1Net Assets 2023: $199,3662023Assets 2024: $193,368Liabilities 2024: $0Net Assets 2024: $193,3682024

Highlighted filing

2022

Assets$214,495
Liabilities$1
Net Assets$214,495

Operations Trend

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

$200K$100K$0-$100K-$200KExpenses 2010: $69,4952010Expenses 2011: $39,0552011Expenses 2012: $51,7202012Revenue 2013: $61,910Expenses 2013: $38,720Net Income 2013: $23,1902013Revenue 2014: $336Expenses 2014: $66,670Net Income 2014: -$66,3342014Revenue 2015: $190,909Expenses 2015: $35,048Net Income 2015: $155,8612015Revenue 2016: $96,701Expenses 2016: $74,770Net Income 2016: $21,9312016Revenue 2017: $2,420Expenses 2017: $47,235Net Income 2017: -$44,8152017Revenue 2018: $3,391Expenses 2018: $78,210Net Income 2018: -$74,8192018Revenue 2019: $1,124Expenses 2019: $102,096Net Income 2019: -$100,9722019Revenue 2020: $1,737Expenses 2020: $64,800Net Income 2020: -$63,0632020Revenue 2021: $1,703Expenses 2021: $66,820Net Income 2021: -$65,1172021Revenue 2022: $64Expenses 2022: $36,110Net Income 2022: -$36,0462022Revenue 2023: $1,741Expenses 2023: $16,870Net Income 2023: -$15,1292023Revenue 2024: $5,912Expenses 2024: $11,910Net Income 2024: -$5,9982024

Highlighted filing

2022

Revenue$64
Expenses$36,110
Net Income-$36,046
Jump To
Filing Snapshot
Filing Period
Dec 1, 2021 to Nov 30, 2022
Signed
Mar 18, 2023
Return Version
2021v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAMUEL VALENTI IIIChairman-$0--
KATHLEEN VALENTIPresident-$0--
EUGENE A GARGAROSecretary-$0--
Filing and Contact Details

Filer

Filer Name
The Valenti Foundation
EIN
38-2729523
Phone
2486221780
Address
255 MARTELL DRIVE, BLOOMFIELD HILLS, MI 48304-3449

Signing Officer

Name
Samuel Valenti Iii
Title
Chairman
Phone
2485938827
Signed
2023-03-18
Discuss with paid preparer
Yes

Preparer

Firm
Mrpr Group Pc
Address
28411 NORTHWESTERN HWY STE 800, SOUTHFIELD, MI 48034
Preparer
Robert W Sickler
Phone
2483579000
Raw XML Appendix264 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990PF/MethodOfAccountingCashInd0X
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IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt00
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1KATHLEEN VALENTI
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm2EUGENE A GARGARO
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IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
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IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
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IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt011623
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt011623
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt052482
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt048035
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt081051
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt052496
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt018432
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt018432
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0258401
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt024337
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt052482
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt048035
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt081051
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt052496
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt035960
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt024337
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0276833
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0252496
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0EXPENSES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1SERVICE CHARGES AND FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0150
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0150
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt040
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0MICHIGAN ANNUAL REPORT FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt040
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAMUEL VALENTI III
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02485938827
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VALENTI FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VALE
ReturnHeader/Filer/EIN0382729523
ReturnHeader/Filer/PhoneNum02486221780
ReturnHeader/Filer/USAddress/AddressLine1Txt0255 MARTELL DRIVE
ReturnHeader/Filer/USAddress/CityNm0BLOOMFIELD HILLS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0483043449
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382141969
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MRPR GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt028411 NORTHWESTERN HWY STE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTHFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048034
ReturnHeader/PreparerPersonGrp/PhoneNum02483579000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT W SICKLER
ReturnHeader/ReturnTs02023-04-04T19:05:39-04:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SAMUEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VALENTI
ReturnHeader/TaxPeriodBeginDt02021-12-01
ReturnHeader/TaxPeriodEndDt02022-11-30
ReturnHeader/TaxYr02021

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.93$0.00$1.93$0.06$0.12$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.02$0.17$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$0.00$0.36$0.36
2021Detailed filing. Detailed filing data is available for this year.$2.51$0.00$2.51$0.02$0.67$0.65
2020Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.02$0.65$0.63
2019Detailed filing. Detailed filing data is available for this year.$3.79$0.00$3.79$0.01$1.02$1.01
2018Detailed filing. Detailed filing data is available for this year.$4.80$0.00$4.80$0.03$0.78$0.75
2017Detailed filing. Detailed filing data is available for this year.$5.55$0.00$5.55$0.02$0.47$0.45
2016Detailed filing. Detailed filing data is available for this year.$5.99$0.00$5.99$0.97$0.75$0.22
2015Detailed filing. Detailed filing data is available for this year.$5.77$0.00$5.77$1.91$0.35$1.56
2014Detailed filing. Detailed filing data is available for this year.$4.22$0.00$4.22$0.00$0.67$0.66
2013Detailed filing. Detailed filing data is available for this year.$4.88$0.00$4.88$0.62$0.39$0.23
2012Detailed filing. Detailed filing data is available for this year.$4.65$0.00$4.65$0.52
2011Detailed filing. Detailed filing data is available for this year.$4.80$0.00$4.80$0.39
2010Detailed filing. Detailed filing data is available for this year.$5.17$0.00$5.17$0.69