Civic Intelligence

Armada Educational Foundation

990EZ • Fiscal year 2023 • EIN 38-2862495

Jul 01, 2022 to Jun 30, 2023 • Filed on Nov 06, 2023

74500 Burk StreetArmada, MI 48005

(586) 770-0834

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-117%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

12th percentile

-46%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

11th percentile

-51%

Faster revenue growth than 11% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$59,364

Down $51,222 (-46%) from 2022

Net Assets

Down

$59,364

Down $51,222 (-46%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$43,837

Down $45,494 (-51%) from 2022

Expenses

Up

$95,059

Up $48,348 (+104%) from 2022

Net Income

Down

-$51,222

Down $93,842 (-220%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2011: $33,523Liabilities 2011: $02011Assets 2012: $36,587Liabilities 2012: $02012Assets 2013: $39,175Liabilities 2013: $02013Assets 2014: $38,149Liabilities 2014: $02014Assets 2015: $43,385Liabilities 2015: $02015Assets 2016: $36,268Liabilities 2016: $02016Assets 2017: $30,100Liabilities 2017: $02017Assets 2018: $26,384Liabilities 2018: $02018Assets 2019: $16,570Liabilities 2019: $02019Assets 2020: $66,163Liabilities 2020: $02020Assets 2021: $67,966Liabilities 2021: $02021Assets 2022: $110,586Liabilities 2022: $0Net Assets 2022: $110,5862022Assets 2023: $59,364Liabilities 2023: $0Net Assets 2023: $59,3642023Assets 2024: $53,901Liabilities 2024: $0Net Assets 2024: $53,9012024Assets 2025: $57,835Liabilities 2025: $0Net Assets 2025: $57,8352025

Highlighted filing

2023

Assets$59,364
Liabilities$0
Net Assets$59,364

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $19,764Expenses 2011: $16,657Net Income 2011: $3,1072011Revenue 2012: $25,275Expenses 2012: $22,211Net Income 2012: $3,0642012Revenue 2013: $29,357Expenses 2013: $26,770Net Income 2013: $2,5872013Revenue 2014: $28,304Expenses 2014: $29,329Net Income 2014: -$1,0252014Revenue 2015: $32,342Expenses 2015: $27,106Net Income 2015: $5,2362015Revenue 2016: $27,718Expenses 2016: $34,836Net Income 2016: -$7,1182016Revenue 2017: $27,369Expenses 2017: $33,537Net Income 2017: -$6,1682017Revenue 2018: $29,565Expenses 2018: $33,280Net Income 2018: -$3,7152018Revenue 2019: $28,230Expenses 2019: $38,043Net Income 2019: -$9,8132019Revenue 2020: $81,820Expenses 2020: $32,227Net Income 2020: $49,5932020Revenue 2021: $121,931Expenses 2021: $120,128Net Income 2021: $1,8032021Revenue 2022: $89,331Expenses 2022: $46,711Net Income 2022: $42,6202022Revenue 2023: $43,837Expenses 2023: $95,059Net Income 2023: -$51,2222023Revenue 2024: $39,456Expenses 2024: $44,919Net Income 2024: -$5,4632024Revenue 2025: $46,164Expenses 2025: $42,230Net Income 2025: $3,9342025

Highlighted filing

2023

Revenue$43,837
Expenses$95,059
Net Income-$51,222
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Nov 6, 2023
Return Version
2022v5.0
Gross Receipts
$58,180
Mission and Program Overview

Mission

Educational purposes benefit of armada

Program Services

DescriptionGrantsExpenses
AWARDED GRANTS TO APPLICANTS OF ARMADA AREA SCHOOLS$84,389-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JULIE LEFEVERChairpersonPT$0--
JEFFREY SHANKSVice Chairperson-$0--
MATT FAHRSecretary-$0--
STEVE R LICHTENFELTTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Armada Education Foundation
EIN
38-2862495
Address
74500 BURK STREET, Armada, MI 48005

Signing Officer

Name
Steve TREASURER
Title
treasurer
Phone
5867700834
Signed
2023-11-06
Discuss with paid preparer
No

Preparer

Firm
Shanks Tax Service & Accounting
Address
167 S Main, Romeo, MI 48065
Preparer
Jeffrey Shanks
Phone
5864531556
Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

Activity GRANT APPLICATIONS AWARDED Grantee ARMADA AREA SCHOOLS Street 74500 BURK City, State, Zip Armada, MI 48005Relationship SUPPORTED ORGINAZTION Amount 34,389Activity CONTRIBUTION TO ENDOWMENT FUND Grantee FOUR COUNTY COMMUNITY FOUNDATION Street 231 E. ST. CLAIR PO BOX 539 City, State, Zip Almont, MI 48003Relationship SUPPORTED ORGINAZTION Amount 50,000

Description of other expenses Part I line 16

Description AmountINSURANCE BOND FOR BOARD TRUSTEES 1,386

Raw XML Appendix179 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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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt01386
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATIONAL PURPOSES BENEFIT OF ARMADA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0AWARDED GRANTS TO APPLICANTS OF ARMADA AREA SCHOOLS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt084389
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TotalExpensesAmt095059
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IRS990EZ/TotalRevenueAmt043837
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IRS990ScheduleG/LicensedInd0false
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity GRANT APPLICATIONS AWARDED Grantee ARMADA AREA SCHOOLS Street 74500 BURK City, State, Zip Armada, MI 48005Relationship SUPPORTED ORGINAZTION Amount 34,389Activity CONTRIBUTION TO ENDOWMENT FUND Grantee FOUR COUNTY COMMUNITY FOUNDATION Street 231 E. ST. CLAIR PO BOX 539 City, State, Zip Almont, MI 48003Relationship SUPPORTED ORGINAZTION Amount 50,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountINSURANCE BOND FOR BOARD TRUSTEES 1,386
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
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ReturnHeader/Filer/EIN0382862495
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ReturnHeader/ReturnTs02023-11-06T10:36:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Steve
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TREASURER
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.46$0.42$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.39$0.45$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.44$0.95$0.51
2022Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.89$0.47$0.43
2021Summary only. Only limited summary data is available for this year.$0.68$0.00$1.22$1.20$0.02
2020Summary only. Only limited summary data is available for this year.$0.66$0.00$0.82$0.32$0.50
2019Summary only. Only limited summary data is available for this year.$0.17$0.00$0.28$0.38$0.10
2018Summary only. Only limited summary data is available for this year.$0.26$0.00$0.30$0.33$0.04
2017Summary only. Only limited summary data is available for this year.$0.30$0.00$0.27$0.34$0.06
2016Summary only. Only limited summary data is available for this year.$0.36$0.00$0.28$0.35$0.07
2015Summary only. Only limited summary data is available for this year.$0.43$0.00$0.32$0.27$0.05
2014Summary only. Only limited summary data is available for this year.$0.38$0.00$0.28$0.29$0.01
2013Summary only. Only limited summary data is available for this year.$0.39$0.00$0.29$0.27$0.03
2012Summary only. Only limited summary data is available for this year.$0.37$0.00$0.25$0.22$0.03
2011Summary only. Only limited summary data is available for this year.$0.34$0.00$0.20$0.17$0.03