Civic Intelligence

Hancock Public Schools Foundation Inc.

990 • Fiscal year 2017 • EIN 38-2781851

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

Organization ProfileHANCOCKPUBLICSCHOOLS.ORG/SCHOOL-FOUND
501 Campus DriveHancock, MI 49930

(906) 487-5925

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

20th percentile

0.01x

Higher debt load relative to revenue than 20% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

98th percentile

88%

Higher net margin than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

92nd percentile

56%

Faster asset growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

99th percentile

763%

Faster revenue growth than 99% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$2,396,466

Up $862,480 (+56%) from 2016

Net Assets

Up

$2,391,118

Up $857,132 (+56%) from 2016

Liabilities

Up

$5,348

Up $5,348 from 2016

Revenue And Expenses
Liabilities / Revenue20th percentileNet Margin98th percentile

Revenue

Up

$822,567

Up $727,279 (+763%) from 2016

Expenses

Up

$100,690

Up $2,644 (+2.7%) from 2016

Net Income

Up

$721,877

Up $724,635 (+26274%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth92nd percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,852,766Liabilities 2011: $0Net Assets 2011: $1,852,7662011Assets 2012: $1,495,302Liabilities 2012: $0Net Assets 2012: $1,495,3022012Assets 2013: $1,617,567Liabilities 2013: $0Net Assets 2013: $1,617,5672013Assets 2014: $1,745,872Liabilities 2014: $0Net Assets 2014: $1,745,8722014Assets 2015: $1,643,749Liabilities 2015: $0Net Assets 2015: $1,643,7492015Assets 2016: $1,533,986Liabilities 2016: $0Net Assets 2016: $1,533,9862016Assets 2017: $2,396,466Liabilities 2017: $5,348Net Assets 2017: $2,391,1182017Assets 2018: $2,472,984Liabilities 2018: $5,406Net Assets 2018: $2,467,5782018Assets 2019: $2,478,662Liabilities 2019: $0Net Assets 2019: $2,478,6622019Assets 2020: $2,390,672Liabilities 2020: $0Net Assets 2020: $2,390,6722020Assets 2021: $2,790,879Liabilities 2021: $1,335Net Assets 2021: $2,789,5442021Assets 2022: $2,382,789Liabilities 2022: $0Net Assets 2022: $2,382,7892022Assets 2023: $2,452,270Liabilities 2023: $545Net Assets 2023: $2,451,7252023Assets 2024: $2,531,291Liabilities 2024: $520Net Assets 2024: $2,530,7712024Assets 2025: $2,887,344Liabilities 2025: $840Net Assets 2025: $2,886,5042025

Highlighted filing

2017

Assets$2,396,466
Liabilities$5,348
Net Assets$2,391,118
Open 2017 Filing

Operations Trend

Revenue Growth99th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $150,769Expenses 2011: $104,447Net Income 2011: $46,3222011Revenue 2012: $89,470Expenses 2012: $402,363Net Income 2012: -$312,8932012Revenue 2013: $110,154Expenses 2013: $81,067Net Income 2013: $29,0872013Revenue 2014: $141,176Expenses 2014: $144,258Net Income 2014: -$3,0822014Revenue 2015: $170,769Expenses 2015: $142,641Net Income 2015: $28,1282015Revenue 2016: $95,288Expenses 2016: $98,046Net Income 2016: -$2,7582016Revenue 2017: $822,567Expenses 2017: $100,690Net Income 2017: $721,8772017Revenue 2018: $160,237Expenses 2018: $101,495Net Income 2018: $58,7422018Revenue 2019: $206,656Expenses 2019: $139,537Net Income 2019: $67,1192019Revenue 2020: $112,218Expenses 2020: $144,147Net Income 2020: -$31,9292020Revenue 2021: $204,499Expenses 2021: $156,606Net Income 2021: $47,8932021Revenue 2022: $255,406Expenses 2022: $224,935Net Income 2022: $30,4712022Revenue 2023: $151,409Expenses 2023: $152,951Net Income 2023: -$1,5422023Revenue 2024: $113,004Expenses 2024: $150,545Net Income 2024: -$37,5412024Revenue 2025: $358,182Expenses 2025: $130,009Net Income 2025: $228,1732025

Highlighted filing

2017

Revenue$822,567
Expenses$100,690
Net Income$721,877
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 30, 2017
Return Version
2016v3.0
Gross Receipts
$985,245
Mission and Program Overview

Mission

To assist in the development, implementation, and maintenance of education programs which significantly contribute to the education of hancock public schools students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,516,071$2,392,694▲ $876,623
Cash and Non-Interest-Bearing Accounts$17,915$3,772▼ $14,143
Total Assets$1,533,986$2,396,466▲ $862,480
Liabilities
Accounts Payable and Accrued Expenses-$5,348-
Total Liabilities$0$5,348▲ $5,348
Net Assets / Fund Balance
Unrestricted Net Assets$892,342$1,741,966▲ $849,624
Temporarily Rstr Net Assets$641,644$649,102▲ $7,458
Permanently Rstr Net Assets-$50-
Total Net Assets Fund Balance$1,533,986$2,391,118▲ $857,132
Total Liabilities and Net Assets / Fund Balance$1,533,986$2,396,466▲ $862,480
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
David DowPresident
Dennis WalikainenDirector
Donald CarliDirector
Jeffery KangasDirector
John VaaraDirector
Karen HubbardDirector
Paula NutiniDirector
Robbyn LucierDirector
Ruth Ann SmithDirector
Tracie WilliamsDirector
Sara NiemeyerSecretary
Michael HauswirthTreasurer
Neil AholaVice-pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$755,684
Program Service Revenue
$0
Investment Income
$66,883
Other Revenue
$0
All Other Contributions
$755,684
Change in Net Assets
$721,877
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$83,708
Other Expenses$16,982
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$68,458--$68,458
Grants to Domestic Individuals$15,250--$15,250
Fees for Service Investment Mgmnt Fees$12,154--$12,154
Office Expenses$2,286--$2,286
Fees for Services Accounting-$2,235-$2,235
Other Expenses-$66-$66
Total Functional Expenses$98,148$2,542$0$100,690
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hancock Public SchoolsHancock, MIGovAssist Education$68,458
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
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 11B

“990 is reviewed by the board of directors upon completion”

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
Hancock Public Schools
EIN
38-2781851
Phone
9064875925
Address
501 CAMPUS DRIVE, HANCOCK, MI 49930

Signing Officer

Name
David Dow
Title
President
Phone
9064875825
Signed
2017-11-30

Organization Details

Principal Officer
David Dow
Formed
1988
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Rukkila Negro and Associates Cpas Pc
Address
310 SHELDEN AVENUE, HOUGHTON, MI 49931-1964
Preparer
Peter a Negro
Phone
9064826601
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To assist in the development, implementation, and maintenance of education programs which significantly contribute to the education of hancock public schools students.”

Form 990, Page 12, Part XII, Line 1

“Prior years form 990 incorrectly indicated that the organization followed the cash method of accounting. The organization's books and tax returns have always been recorded and filed using the accrual method, thus there is no change in accounting method, just the correction of an box checking error on prior years returns.”

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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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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC THROUGH MAILINGS. THE ORGANIZATION IS ABLE TO FUNCTION THROUGH GENEROUS SUPPORT FROM THE PUBLIC AND BY A LARGE NUMBER OF "UNUSUAL GRANTS". THESE GRANTS HAVE BEEN INVESTED IN SECURITIES THAT HAVE EARNED SIGNIFICANT INTEREST AND DIVIDENDS. THIS INCOME ALONG WITH PUBLIC DONATIONS ARE GIVEN TO THE PUBLIC SCHOOLS IN THE FORM OF GRANTS TO FUND PROGRAMS AND SCHOLARSHIPS. THE BOARD OF DIRECTORS GOVERNS THE DISBURSAL OF FUNDS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1LAWSUIT PROCEEDS 64 MISCELLANEOUS 100
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC THROUGH MAILINGS. THE ORGANIZATION IS ABLE TO FUNCTION THROUGH GENEROUS SUPPORT FROM THE PUBLIC AND BY A LARGE NUMBER OF "UNUSUAL GRANTS". THESE GRANTS HAVE BEEN INVESTED IN SECURITIES THAT HAVE EARNED SIGNIFICANT INTEREST AND DIVIDENDS. THIS INCOME ALONG WITH PUBLIC DONATIONS ARE GIVEN TO THE PUBLIC SCHOOLS IN THE FORM OF GRANTS TO FUND PROGRAMS AND SCHOLARSHIPS. THE BOARD OF DIRECTORS GOVERNS THE DISBURSAL OF FUNDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC THROUGH MAILINGS. THE ORGANIZATION IS ABLE TO FUNCTION THROUGH GENEROUS SUPPORT FROM THE PUBLIC AND BY A LARGE NUMBER OF "UNUSUAL GRANTS". THESE GRANTS HAVE BEEN INVESTED IN SECURITIES THAT HAVE EARNED SIGNIFICANT INTEREST AND DIVIDENDS. THIS INCOME ALONG WITH PUBLIC DONATIONS ARE GIVEN TO THE PUBLIC SCHOOLS IN THE FORM OF GRANTS TO FUND PROGRAMS AND SCHOLARSHIPS. THE BOARD OF DIRECTORS GOVERNS THE DISBURSAL OF FUNDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART II, LINE 17B
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt045753
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt048806
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0219268
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0164
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0164
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.25480
IRS990ScheduleA/PublicSupportTotal170Amt093500
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt027162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt018996
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016489
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0110356
IRS990ScheduleA/TotalSupportAmt0329788
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
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015250
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt021
IRS990ScheduleI/RecipientTable/CashGrantAmt068458
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ASSIST EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HANCOCK PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0386001483
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0501 CAMPUS DRIVE
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL OF THE GRANTS ARE MADE TO THE HANCOCK PUBLIC SCHOOLS, ITS TEACHERS AND STUDENTS FOR PROJECTS, EVENTS OR EQUIPMENT CONNECTED WITH THE DISTRICT, WHICH IS IN HANCOCK, MICHIGAN, USA. ITEMS PURCHASED WITH GRANT FUNDS ARE MONITORED BY THE BUILDING PRINCIPALS AND/OR SUPERINTENDENT AND/OR THE FOUNDATION BOARD VIA INSPECTION. THE GRANTS ARE GENERALLY PAID ON A REIMBURSEMENT BASIS, WITH ORIGINAL BILLS KEPT TO SUPPORT THE GRANT PAYMENTS. GRANT REQUESTS ARE SUBMITTED IN WRITING. THE HPSF GRANTS COMMITTEE REVIEWS THE MERIT OF THE GRANT REQUESTS, PRESENTS THEIR SUGGESTIONS TO THE FOUNDATION BOARD WHICH VOTES ON WHETHER TO APPROVE THE GRANTS. SCHOLARSHIP AMOUNTS ARE DETERMINED BY THE FOUNDATION BOARD AND PAID DIRECTLY TO THE COLLEGE OR UNIVERSITY AFTER RECEIVING VERIFICATION OF ENROLLMENT FROM THE HIGH SCHOOL COUNSELOR. THE STUDENTS SUBMIT SCHOLARSHIP APPLICATIONS WHICH ARE REVIEWED BY A SCHOLARSHIP COMMITTEE. AWARDS ARE BASED ON ACADEMIC PERFORMANCE, APTITUDE TESTS, AND LEADERSHIP DEMONSTRATED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ASSIST IN THE DEVELOPMENT, IMPLEMENTATION, AND MAINTENANCE OF EDUCATION PROGRAMS WHICH SIGNIFICANTLY CONTRIBUTE TO THE EDUCATION OF HANCOCK PUBLIC SCHOOLS STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 IS REVIEWED BY THE BOARD OF DIRECTORS UPON COMPLETION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR YEARS FORM 990 INCORRECTLY INDICATED THAT THE ORGANIZATION FOLLOWED THE CASH METHOD OF ACCOUNTING. THE ORGANIZATION'S BOOKS AND TAX RETURNS HAVE ALWAYS BEEN RECORDED AND FILED USING THE ACCRUAL METHOD, THUS THERE IS NO CHANGE IN ACCOUNTING METHOD, JUST THE CORRECTION OF AN BOX CHECKING ERROR ON PRIOR YEARS RETURNS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12, PART XII, LINE 1
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0641644
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0649102
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01533986
IRS990/TotalAssetsGrp/EOYAmt02396466
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IRS990/TotalContributionsAmt0755684
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02542
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098148
IRS990/TotalFunctionalExpensesGrp/TotalAmt0100690
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt05348
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt05348
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01533986
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02391118
IRS990/TotalProgramServiceExpensesAmt098148
IRS990/TotalRevenueGrp/ExclusionAmt066883
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0822567
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01533986
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02396466
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0892342
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01741966
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0941 ETHEL AVENUE
IRS990/USAddress/CityNm0HANCOCK
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049930
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID DOW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09064875825
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HANCOCK PUBLIC SCHOOLS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HANC
ReturnHeader/Filer/EIN0382781851
ReturnHeader/Filer/PhoneNum09064875925
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ReturnHeader/Filer/USAddress/CityNm0HANCOCK
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ReturnHeader/Filer/USAddress/ZIPCd049930
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383435918
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUKKILA NEGRO AND ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0310 SHELDEN AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUGHTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0499311964
ReturnHeader/PreparerPersonGrp/PhoneNum09064826601
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER A NEGRO
ReturnHeader/ReturnTs02018-01-31T12:52:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$2,396,466
Liabilities
$5,348
Net assets
$2,391,118
Revenue
$822,567
Expenses
$100,690
Net income
$721,877
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.00$2.89$0.36$0.13$0.23
2024Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$0.11$0.15$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.45$0.00$2.45$0.15$0.15$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$0.26$0.22$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.00$2.79$0.20$0.16$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.11$0.14$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$0.21$0.14$0.07
2018Detailed filing. Detailed filing data is available for this year.$2.47$0.01$2.47$0.16$0.10$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.40$0.01$2.39$0.82$0.10$0.72
2016Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.10$0.10$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.17$0.14$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.14$0.14$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$0.11$0.08$0.03
2012Summary only. Only limited summary data is available for this year.$1.50$0.00$1.50$0.09$0.40$0.31
2011Summary only. Only limited summary data is available for this year.$1.85$0.00$1.85$0.15$0.10$0.05