Civic Intelligence

Genesee Area Focus Fund Inc.

990 • Fiscal year 2020 • EIN 38-2771641

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 19, 2021

519 South Saginaw Street Rm/Ste 200Flint, MI 48502

(810) 600-1404

Siviq Scores

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

Liabilities / Assets

41st percentile

0.10x

Higher debt load relative to assets than 41% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

91st percentile

$362,316

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

76th percentile

22%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

33rd percentile

-6.5%

Faster revenue growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,857,220

Up $524,661 (+22%) from 2019

Net Assets

Up

$2,575,483

Up $751,759 (+41%) from 2019

Liabilities

Down

$281,737

Down $227,098 (-45%) from 2019

Revenue

Down

$6,935,960

Down $485,191 (-6.5%) from 2019

Expenses

Down

$6,184,201

Down $1,034,784 (-14%) from 2019

Net Income

Up

$751,759

Up $549,593 (+272%) from 2019

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,525,991Liabilities 2010: $554,610Net Assets 2010: $1,971,3812010Assets 2011: $1,739,197Liabilities 2011: $174,971Net Assets 2011: $1,564,2262011Assets 2012: $3,690,826Liabilities 2012: $221,033Net Assets 2012: $3,469,7932012Assets 2013: $2,217,157Liabilities 2013: $192,813Net Assets 2013: $2,024,3442013Assets 2014: $4,055,550Liabilities 2014: $414,027Net Assets 2014: $3,641,5232014Assets 2015: $4,190,514Liabilities 2015: $479,417Net Assets 2015: $3,711,0972015Assets 2016: $1,683,195Liabilities 2016: $218,103Net Assets 2016: $1,465,0922016Assets 2017: $2,295,575Liabilities 2017: $281,463Net Assets 2017: $2,014,1122017Assets 2018: $1,868,332Liabilities 2018: $246,774Net Assets 2018: $1,621,5582018Assets 2019: $2,332,559Liabilities 2019: $508,835Net Assets 2019: $1,823,7242019Assets 2020: $2,857,220Liabilities 2020: $281,737Net Assets 2020: $2,575,4832020Assets 2021: $3,053,813Liabilities 2021: $280,079Net Assets 2021: $2,773,7342021Assets 2022: $2,876,432Liabilities 2022: $356,598Net Assets 2022: $2,519,8342022Assets 2023: $2,722,659Liabilities 2023: $221,125Net Assets 2023: $2,501,5342023Assets 2024: $708,140Liabilities 2024: $113,829Net Assets 2024: $594,3112024

Highlighted filing

2020

Assets$2,857,220
Liabilities$281,737
Net Assets$2,575,483

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $3,756,3672010Expenses 2011: $5,309,6742011Expenses 2012: $5,807,4892012Revenue 2013: $4,656,184Expenses 2013: $6,101,633Net Income 2013: -$1,445,4492013Revenue 2014: $8,118,944Expenses 2014: $6,501,765Net Income 2014: $1,617,1792014Revenue 2015: $7,408,387Expenses 2015: $7,338,813Net Income 2015: $69,5742015Revenue 2016: $5,355,972Expenses 2016: $7,601,977Net Income 2016: -$2,246,0052016Revenue 2017: $7,954,745Expenses 2017: $7,405,725Net Income 2017: $549,0202017Revenue 2018: $6,989,370Expenses 2018: $7,381,924Net Income 2018: -$392,5542018Revenue 2019: $7,421,151Expenses 2019: $7,218,985Net Income 2019: $202,1662019Revenue 2020: $6,935,960Expenses 2020: $6,184,201Net Income 2020: $751,7592020Revenue 2021: $7,388,265Expenses 2021: $7,190,014Net Income 2021: $198,2512021Revenue 2022: $7,480,479Expenses 2022: $7,734,379Net Income 2022: -$253,9002022Revenue 2023: $5,090,389Expenses 2023: $5,108,689Net Income 2023: -$18,3002023Revenue 2024: $1,423,703Expenses 2024: $3,330,926Net Income 2024: -$1,907,2232024

Highlighted filing

2020

Revenue$6,935,960
Expenses$6,184,201
Net Income$751,759
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 19, 2021
Return Version
2020v4.0
Gross Receipts
$6,935,960
Mission and Program Overview

Mission

The genesee area focus fund's purpose is to receive and administer funds dedicated to improving the economy and quality of life of the people of genesee county, michigan. The focus fund provides support to publicly supported organizations that share this objective.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$575,030$1,708,965▲ $1,133,935
Investments Other Securities$1,569,542$956,261▼ $613,281
Accounts Receivable$70,104$95,815▲ $25,711
Cash and Non-Interest-Bearing Accounts$103,007$93,513▼ $9,494
Prepaid Expenses and Deferred Charges$14,876$2,666▼ $12,210
Total Assets$2,332,559$2,857,220▲ $524,661
Liabilities
Other Liabilities$447,109$235,741▼ $211,368
Accounts Payable and Accrued Expenses$61,726$45,996▼ $15,730
Total Liabilities$508,835$281,737▼ $227,098
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,692,348$2,431,155▲ $738,807
Net Assets Without Donor Restrictions$131,376$144,328▲ $12,952
Total Net Assets Fund Balance$1,823,724$2,575,483▲ $751,759
Total Liabilities and Net Assets / Fund Balance$2,332,559$2,857,220▲ $524,661

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$956,261--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kristina JohnstonCOO$136,644$136,644
Lenora ReyesVP Finance$125,381$125,381

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$6,920,878
Program Service Revenue
$0
Investment Income
$10,333
Other Revenue
$4,749
All Other Contributions
$6,324,127
Change in Net Assets
$751,759

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,935,960
Total Revenue per Audited Statements
$6,935,960
Total Revenue per Form 990
$6,935,960
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,525,212
Other Expenses$1,658,989
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,851,963--$3,851,963
Payments to Affiliates$766,265--$766,265
Payroll Taxes$318,647--$318,647
Other Employee Benefits$283,885--$283,885
Occupancy$129,052--$129,052
Office Expenses$85,021$157-$85,178
Fees for Services Other$73,142--$73,142
Depreciation Depletion$71,542--$71,542
Pension Plan Contributions$70,717--$70,717
Advertising$59,673--$59,673
Insurance$50,279--$50,279
Travel$38,382--$38,382
All Other Expenses$33,934--$33,934
Fees for Services Management$25,888$1,972-$27,860
Other Expenses$16,990--$16,990
Total Functional Expenses$6,182,072$2,129$0$6,184,201

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,184,201
Total Expenses per Audited Statements$6,184,201
Total Expenses per Form 990$6,184,201
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organization$235,741
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
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, Page 6, Part VI, Line 11B

A copy of the form 990 is reviewed by the vp of finance and then is provided to all board members for their review prior to filing with the irs.

Form 990, Page 6, Part VI, Line 12C

The board, ceo, or vp's investigate any potential conflict of interest or undisclosed conflict of interest that may occur and take the necessary corrective disciplinary action.

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

Compensation paid out of the genesee area focus fund is to contracted employees who work on programs such as youthquest after school program, summer youth initiative, educational programs, or economic development. Compensation for the ceo is paid by flint & genesee chamber of commerce, a related party organization. Compensation for the ceo is reviewed and approved by the compensation committee for the flint & genesee chamber of commerce.

Form 990, Page 6, Part VI, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Genesee Area Focus Fund
EIN
38-2771641
Phone
8106001404
Address
519 SOUTH SAGINAW STREET RM/STE 200, FLINT, MI 48502

Signing Officer

Name
Timothy Herman
Title
CEO
Phone
8102326420
Signed
2021-08-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Herman
Formed
1988
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
37

Preparer

Firm
Yeo & Yeo Pc
Address
4468 OAK BRIDGE DR, FLINT, MI 48532-5422
Preparer
Jennifer Watkins
Phone
8107323000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The genesee area focus fund's purpose is to receive and administer funds dedicated to improving the economy and quality of life of the people of genesee county, michigan. The focus fund provides support to publicly supported organizations that share this objective.

Form 990, Page 2, Part III, Line 4D

Educational program that facilitates various employment preparation and training activities. The program infuses curriculum with workplace context and supplements the academic program with work based experiences.

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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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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0596751
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt06935960
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt014
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt050279
IRS990/InsuranceGrp/TotalAmt050279
IRS990/InvestmentIncomeGrp/ExclusionAmt010333
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt010333
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01569542
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0956261
IRS990/IRPDocumentCnt020
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE GENESEE AREA FOCUS FUND'S PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS DEDICATED TO IMPROVING THE ECONOMY AND QUALITY OF LIFE OF THE PEOPLE OF GENESEE COUNTY, MICHIGAN. THE FOCUS FUND PROVIDES SUPPORT TO PUBLICLY SUPPORTED ORGANIZATIONS THAT SHARE THIS OBJECTIVE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01823724
IRS990/NetAssetsOrFundBalancesEOYAmt02575483
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0131376
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0144328
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IRS990/OccupancyGrp/ProgramServicesAmt0129052
IRS990/OccupancyGrp/TotalAmt0129052
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0157
IRS990/OfficeExpensesGrp/ProgramServicesAmt085021
IRS990/OfficeExpensesGrp/TotalAmt085178
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0283885
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0283885
IRS990/OtherExpensesGrp/Desc0YOUTH AFTER SCHOOL PROG
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2EQUIPMENT EXPENSES
IRS990/OtherExpensesGrp/Desc3SUMMER YOUTH INITIATIVE
IRS990/OtherExpensesGrp/ProgramServicesAmt0187960
IRS990/OtherExpensesGrp/ProgramServicesAmt198071
IRS990/OtherExpensesGrp/ProgramServicesAmt220661
IRS990/OtherExpensesGrp/ProgramServicesAmt316990
IRS990/OtherExpensesGrp/TotalAmt0187960
IRS990/OtherExpensesGrp/TotalAmt198071
IRS990/OtherExpensesGrp/TotalAmt220661
IRS990/OtherExpensesGrp/TotalAmt316990
IRS990/OtherLiabilitiesGrp/BOYAmt0447109
IRS990/OtherLiabilitiesGrp/EOYAmt0235741
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04749
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04749
IRS990/OtherRevenueTotalAmt04749
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03851963
IRS990/OtherSalariesAndWagesGrp/TotalAmt03851963
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0766265
IRS990/PaymentsToAffiliatesGrp/TotalAmt0766265
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0318647
IRS990/PayrollTaxesGrp/TotalAmt0318647
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt070717
IRS990/PensionPlanContributionsGrp/TotalAmt070717
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014876
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02666
IRS990/PrincipalOfficerNm0TIMOTHY HERMAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0ECONOMIC DEVELOPMENT - TO PROMOTE AND DEVELOP ECONOMIC GROWTH IN THE CITY OF FLINT AND THROUGHOUT GENESEE COUNTY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01306886
IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATIONAL PROGRAMS - IN-SCHOOL TRAINING INITIATIVE THAT PROVIDES ENHANCEMENT AND ENRICHMENT WORKSHOPS FOR STUDENTS K-12.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0140267
IRS990/ProgSrvcAccomActyOtherGrp/Desc0EDUCATIONAL PROGRAM THAT FACILITATES VARIOUS EMPLOYMENT PREPARATION AND TRAINING ACTIVITIES. THE PROGRAM INFUSES CURRICULUM WITH WORKPLACE CONTEXT AND SUPPLEMENTS THE ACADEMIC PROGRAM WITH WORK BASED EXPERIENCES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01003532
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07384223
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027795
IRS990/PYOtherExpensesAmt02549205
IRS990/PYOtherRevenueAmt09133
IRS990/PYRevenuesLessExpensesAmt0202166
IRS990/PYSalariesCompEmpBnftPaidAmt04669780
IRS990/PYTotalExpensesAmt07218985
IRS990/PYTotalRevenueAmt07421151
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0751759
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0575030
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01708965
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0203904349
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt05291467
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FLINT & GENESEE CHAMBER OF COMMERCE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0FLINT & GENESEE CHAMBER OF COMMERCE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt05291467
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt06184201
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0235741
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ORGANIZATION
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0956261
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueSubtotalAmt06935960
IRS990ScheduleD/TotalBookValueSecuritiesAmt0956261
IRS990ScheduleD/TotalExpensesPerForm990Amt06184201
IRS990ScheduleD/TotalLiabilityAmt0235741
IRS990ScheduleD/TotalRevenuePerForm990Amt06935960
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06935960
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06184201
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0318536
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt026000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt017780
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TIMOTHY HERMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0362316
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GENESEE AREA FOCUS FUND'S PURPOSE IS TO RECEIVE AND ADMINISTER FUNDS DEDICATED TO IMPROVING THE ECONOMY AND QUALITY OF LIFE OF THE PEOPLE OF GENESEE COUNTY, MICHIGAN. THE FOCUS FUND PROVIDES SUPPORT TO PUBLICLY SUPPORTED ORGANIZATIONS THAT SHARE THIS OBJECTIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDUCATIONAL PROGRAM THAT FACILITATES VARIOUS EMPLOYMENT PREPARATION AND TRAINING ACTIVITIES. THE PROGRAM INFUSES CURRICULUM WITH WORKPLACE CONTEXT AND SUPPLEMENTS THE ACADEMIC PROGRAM WITH WORK BASED EXPERIENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS REVIEWED BY THE VP OF FINANCE AND THEN IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD, CEO, OR VP'S INVESTIGATE ANY POTENTIAL CONFLICT OF INTEREST OR UNDISCLOSED CONFLICT OF INTEREST THAT MAY OCCUR AND TAKE THE NECESSARY CORRECTIVE DISCIPLINARY ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION PAID OUT OF THE GENESEE AREA FOCUS FUND IS TO CONTRACTED EMPLOYEES WHO WORK ON PROGRAMS SUCH AS YOUTHQUEST AFTER SCHOOL PROGRAM, SUMMER YOUTH INITIATIVE, EDUCATIONAL PROGRAMS, OR ECONOMIC DEVELOPMENT. COMPENSATION FOR THE CEO IS PAID BY FLINT & GENESEE CHAMBER OF COMMERCE, A RELATED PARTY ORGANIZATION. COMPENSATION FOR THE CEO IS REVIEWED AND APPROVED BY THE COMPENSATION COMMITTEE FOR THE FLINT & GENESEE CHAMBER OF COMMERCE.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.71$0.11$0.59$1.42$3.33$1.91
2023Detailed filing. Detailed filing data is available for this year.$2.72$0.22$2.50$5.09$5.11$0.02
2022Detailed filing. Detailed filing data is available for this year.$2.88$0.36$2.52$7.48$7.73$0.25
2021Detailed filing. Detailed filing data is available for this year.$3.05$0.28$2.77$7.39$7.19$0.20
2020Detailed filing. Detailed filing data is available for this year.$2.86$0.28$2.58$6.94$6.18$0.75
2019Detailed filing. Detailed filing data is available for this year.$2.33$0.51$1.82$7.42$7.22$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.87$0.25$1.62$6.99$7.38$0.39
2017Detailed filing. Detailed filing data is available for this year.$2.30$0.28$2.01$7.95$7.41$0.55
2016Detailed filing. Detailed filing data is available for this year.$1.68$0.22$1.47$5.36$7.60$2.25
2015Detailed filing. Detailed filing data is available for this year.$4.19$0.48$3.71$7.41$7.34$0.07
2014Detailed filing. Detailed filing data is available for this year.$4.06$0.41$3.64$8.12$6.50$1.62
2013Detailed filing. Detailed filing data is available for this year.$2.22$0.19$2.02$4.66$6.10$1.45
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.69$0.22$3.47$5.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.17$1.56$5.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.55$1.97$3.76