Civic Intelligence

Eagle Village Foundation

990 • Fiscal year 2021 • EIN 38-2999440

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 05, 2022

4507 170th AvenueHersey, MI 49639

(231) 305-6521

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.00x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

70th percentile

26%

Higher net margin than 70% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$161,167

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 145.6% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

42nd percentile

6.4%

Faster asset growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

18th percentile

-11%

Faster revenue growth than 18% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$6,698,220

Up $404,339 (+6.4%) from 2020

Net Assets

Up

$6,698,220

Up $404,339 (+6.4%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$110,726

Down $13,283 (-11%) from 2020

Expenses

Down

$82,275

Down $265,790 (-76%) from 2020

Net Income

Up

$28,451

Up $252,507 (+113%) from 2020

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $4,204,032Liabilities 2010: $5,340Net Assets 2010: $4,198,6922010Assets 2011: $3,970,808Liabilities 2011: $5,340Net Assets 2011: $3,965,4682011Assets 2012: $4,150,564Liabilities 2012: $3,034Net Assets 2012: $4,147,5302012Assets 2013: $4,385,270Liabilities 2013: $1,744Net Assets 2013: $4,383,5262013Assets 2014: $4,185,595Liabilities 2014: $361Net Assets 2014: $4,185,2342014Assets 2015: $4,075,405Liabilities 2015: $0Net Assets 2015: $4,075,4052015Assets 2016: $4,096,841Liabilities 2016: $0Net Assets 2016: $4,096,8412016Assets 2017: $5,339,756Liabilities 2017: $0Net Assets 2017: $5,339,7562017Assets 2018: $5,410,263Liabilities 2018: $0Net Assets 2018: $5,410,2632018Assets 2019: $5,955,513Liabilities 2019: $0Net Assets 2019: $5,955,5132019Assets 2020: $6,293,881Liabilities 2020: $0Net Assets 2020: $6,293,8812020Assets 2021: $6,698,220Liabilities 2021: $0Net Assets 2021: $6,698,2202021Assets 2022: $6,986,706Liabilities 2022: $0Net Assets 2022: $6,986,7062022Assets 2023: $7,601,581Liabilities 2023: $0Net Assets 2023: $7,601,5812023Assets 2024: $5,916,743Liabilities 2024: $0Net Assets 2024: $5,916,7432024

Highlighted filing

2021

Assets$6,698,220
Liabilities$0
Net Assets$6,698,220

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $522,9052010Expenses 2011: $278,1012011Expenses 2012: $281,1052012Revenue 2013: $148,362Expenses 2013: $306,988Net Income 2013: -$158,6262013Revenue 2014: $195,173Expenses 2014: $422,747Net Income 2014: -$227,5742014Revenue 2015: $82,057Expenses 2015: $83,720Net Income 2015: -$1,6632015Revenue 2016: $129,140Expenses 2016: $295,712Net Income 2016: -$166,5722016Revenue 2017: $1,228,555Expenses 2017: $357,990Net Income 2017: $870,5652017Revenue 2018: $501,440Expenses 2018: $239,888Net Income 2018: $261,5522018Revenue 2019: $143,129Expenses 2019: $247,490Net Income 2019: -$104,3612019Revenue 2020: $124,009Expenses 2020: $348,065Net Income 2020: -$224,0562020Revenue 2021: $110,726Expenses 2021: $82,275Net Income 2021: $28,4512021Revenue 2022: $1,574,613Expenses 2022: $250,000Net Income 2022: $1,324,6132022Revenue 2023: $826,396Expenses 2023: $725,249Net Income 2023: $101,1472023Revenue 2024: $254,281Expenses 2024: $2,328,153Net Income 2024: -$2,073,8722024

Highlighted filing

2021

Revenue$110,726
Expenses$82,275
Net Income$28,451
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 5, 2022
Return Version
2021v4.0
Gross Receipts
$110,726
Mission and Program Overview

Mission

Provide necessary funding to eagle village inc. To enable the agency in its mission to help troubled youth and their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,141,461$6,545,800▲ $404,339
Total Assets$6,293,881$6,698,220▲ $404,339
Other Assets Total$152,420$152,420→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,293,819$4,317,470▲ $23,651
Net Assets Without Donor Restrictions$2,000,062$2,380,750▲ $380,688
Total Net Assets Fund Balance$6,293,881$6,698,220▲ $404,339
Total Liabilities and Net Assets / Fund Balance$6,293,881$6,698,220▲ $404,339

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$6,293,881$21,938▲ $464,676-$6,698,220
2020$5,955,513$47,550▲ $638,883-$6,293,881
2019$5,410,263$6,035▲ $786,705-$5,955,513
2018$5,556,798$371,253▼ $277,900$-548$5,410,263
2017$4,096,841$1,136,653▲ $487,938$193,356$5,556,798
Compensation and Service Providers

Employees

NameTitleOtherTotal
Cathey PrudhommeTrustee/CEO$161,167$161,167

Board Members and Trustees

NameTitle
Kerm CampbellChairman
Merle RossEv Board Rep
Bob SpearsTrustee
Denny LernerTrustee
Fred RolfTrustee
Jim GirouxTrustee
Cathey PrudhommeTrustee/CEO of Ev
Jim BorinSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$21,938
Program Service Revenue
$0
Investment Income
$88,788
Other Revenue
$0
All Other Contributions
$21,938
Change in Net Assets
$28,451

Audited Revenue Reconciliation

Revenue per Audited Statements
$110,726
Revenue Not Reported on Form 990
$375,888
Total Revenue per Audited Statements
$486,614
Total Revenue per Form 990
$110,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$82,275
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$82,275--$82,275
Total Functional Expenses$82,275$0$0$82,275

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$82,275
Total Expenses per Audited Statements$82,275
Total Expenses per Form 990$82,275
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Eagle Village IncHersey, MI501c3Funding for Services$82,275
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
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

Form 990 was provided to the board prior to submission.

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

Eagle village expects the primary interest of employees and board members to be the people we serve. A conflict of interest occurs when the interests of an employee or board member, or a member of their immediate family, actually or potentially benefit from business interests that directly result from affiliation with eagle village. All employees and board members are required to complete a conflict of interest disclosure statement upon beginning service to eagle village and annually thereafter. When a potential conflict of interest develops, all are required to disclose it immediately to a member of management using the conflict of interest disclosure statement. A determination and resolution is made by management in response to any potential conflict of interest, and the employee or board member is notified in writing.

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

Determination of the ceo's salary for related organization, eagle village, inc., is done by the board's executive committee (of eagle village, inc.). It is their responsibility to annually review and determine if the ceo is appropriately compensated. Salary information is provided to the executive committee at the time of the ceo's annual performance evaluation to: 1) enable them to properly assess the salary already granted and, 2) complete a thorough analysis of the ceo's salary with consideration given to comparative salary survey data gathered from peer agencies for the same position.

Form 990, Page 6, Part VI, Line 19

All governing policies, conflict of information policy, and the agency's financial statements including its annual independent audit, are maintained in the corporate files of eagle village. They are available for public inspection upon request, and copies of such documents may be made for a reasonable fee. Documents containing the minutes of the board and/or management meetings, and any other documentation of their respective discussions and decisions, are not available for public inspection except through normal legal means.

Filing and Contact Details

Filer

Filer Name
Eagle Village Foundation
EIN
38-2999440
Phone
2313056521
Address
4507 170TH AVENUE, HERSEY, MI 49639

Signing Officer

Name
Cathey Prudhomme
Title
Trustee/CEO of Ev
Phone
2318327253
Signed
2022-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathey Prudhomme
Formed
1990
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Yeo & Yeo Pc
Address
6018 EASTMAN AVE, MIDLAND, MI 48640-2518
Preparer
Ali N Barnes
Phone
9896316060
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Endowment fund earnings are to be used to support the operations of eagle village inc.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWMENT FUND EARNINGS ARE TO BE USED TO SUPPORT THE OPERATIONS OF EAGLE VILLAGE INC.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EAGLE VILLAGE EXPECTS THE PRIMARY INTEREST OF EMPLOYEES AND BOARD MEMBERS TO BE THE PEOPLE WE SERVE. A CONFLICT OF INTEREST OCCURS WHEN THE INTERESTS OF AN EMPLOYEE OR BOARD MEMBER, OR A MEMBER OF THEIR IMMEDIATE FAMILY, ACTUALLY OR POTENTIALLY BENEFIT FROM BUSINESS INTERESTS THAT DIRECTLY RESULT FROM AFFILIATION WITH EAGLE VILLAGE. ALL EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT UPON BEGINNING SERVICE TO EAGLE VILLAGE AND ANNUALLY THEREAFTER. WHEN A POTENTIAL CONFLICT OF INTEREST DEVELOPS, ALL ARE REQUIRED TO DISCLOSE IT IMMEDIATELY TO A MEMBER OF MANAGEMENT USING THE CONFLICT OF INTEREST DISCLOSURE STATEMENT. A DETERMINATION AND RESOLUTION IS MADE BY MANAGEMENT IN RESPONSE TO ANY POTENTIAL CONFLICT OF INTEREST, AND THE EMPLOYEE OR BOARD MEMBER IS NOTIFIED IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DETERMINATION OF THE CEO'S SALARY FOR RELATED ORGANIZATION, EAGLE VILLAGE, INC., IS DONE BY THE BOARD'S EXECUTIVE COMMITTEE (OF EAGLE VILLAGE, INC.). IT IS THEIR RESPONSIBILITY TO ANNUALLY REVIEW AND DETERMINE IF THE CEO IS APPROPRIATELY COMPENSATED. SALARY INFORMATION IS PROVIDED TO THE EXECUTIVE COMMITTEE AT THE TIME OF THE CEO'S ANNUAL PERFORMANCE EVALUATION TO: 1) ENABLE THEM TO PROPERLY ASSESS THE SALARY ALREADY GRANTED AND, 2) COMPLETE A THOROUGH ANALYSIS OF THE CEO'S SALARY WITH CONSIDERATION GIVEN TO COMPARATIVE SALARY SURVEY DATA GATHERED FROM PEER AGENCIES FOR THE SAME POSITION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING POLICIES, CONFLICT OF INFORMATION POLICY, AND THE AGENCY'S FINANCIAL STATEMENTS INCLUDING ITS ANNUAL INDEPENDENT AUDIT, ARE MAINTAINED IN THE CORPORATE FILES OF EAGLE VILLAGE. THEY ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST, AND COPIES OF SUCH DOCUMENTS MAY BE MADE FOR A REASONABLE FEE. DOCUMENTS CONTAINING THE MINUTES OF THE BOARD AND/OR MANAGEMENT MEETINGS, AND ANY OTHER DOCUMENTATION OF THEIR RESPECTIVE DISCUSSIONS AND DECISIONS, ARE NOT AVAILABLE FOR PUBLIC INSPECTION EXCEPT THROUGH NORMAL LEGAL MEANS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$0.00$5.92$0.25$2.33$2.07
2023Detailed filing. Detailed filing data is available for this year.$7.60$0.00$7.60$0.83$0.73$0.10
2022Detailed filing. Detailed filing data is available for this year.$6.99$0.00$6.99$1.57$0.25$1.32
2021Detailed filing. Detailed filing data is available for this year.$6.70$0.00$6.70$0.11$0.08$0.03
2020Detailed filing. Detailed filing data is available for this year.$6.29$0.00$6.29$0.12$0.35$0.22
2019Detailed filing. Detailed filing data is available for this year.$5.96$0.00$5.96$0.14$0.25$0.10
2018Detailed filing. Detailed filing data is available for this year.$5.41$0.00$5.41$0.50$0.24$0.26
2017Detailed filing. Detailed filing data is available for this year.$5.34$0.00$5.34$1.23$0.36$0.87
2016Detailed filing. Detailed filing data is available for this year.$4.10$0.00$4.10$0.13$0.30$0.17
2015Detailed filing. Detailed filing data is available for this year.$4.08$0.00$4.08$0.08$0.08$0.00
2014Detailed filing. Detailed filing data is available for this year.$4.19$0.00$4.19$0.20$0.42$0.23
2013Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.38$0.15$0.31$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.00$4.15$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.97$0.01$3.97$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.20$0.01$4.20$0.52