Liabilities / Assets
8th percentile
Tied with the lowest-debt nonprofits in its peer group.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
8th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
66th percentile
Higher net margin than 66% of similar nonprofits.
Top Officer Pay
68th percentile
Higher top officer pay than 68% of similar nonprofits.
Top officer pay equals 20.9% of source-year revenue.
Asset Growth
59th percentile
Faster asset growth than 59% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Up$7,601,581
Up $614,875 (+8.8%) from 2022
Net Assets
Up$7,601,581
Up $614,875 (+8.8%) from 2022
Liabilities
Flat$0
Flat from 2022
Revenue And Expenses
Revenue
Down$826,396
Down $748,217 (-48%) from 2022
Expenses
Up$725,249
Up $475,249 (+190%) from 2022
Net Income
Down$101,147
Down $1,223,466 (-92%) from 2022
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2023 to Dec 31, 2023
- Signed
- Oct 29, 2024
- Return Version
- 2023v5.0
- Gross Receipts
- $826,396
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $6,834,286 | $7,601,581 | ▲ $767,295 |
| Total Assets | $6,986,706 | $7,601,581 | ▲ $614,875 |
| Other Assets Total | $152,420 | - | - |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $4,342,391 | $4,420,221 | ▲ $77,830 |
| Net Assets Without Donor Restrictions | $2,644,315 | $3,181,360 | ▲ $537,045 |
| Total Net Assets Fund Balance | $6,986,706 | $7,601,581 | ▲ $614,875 |
| Total Liabilities and Net Assets / Fund Balance | $6,986,706 | $7,601,581 | ▲ $614,875 |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $6,989,706 | $593,497 | ▲ $726,829 | - | $7,601,581 |
| 2022 | $6,698,220 | $1,440,328 | ▼ $901,842 | - | $6,986,706 |
| 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 |
Compensation and Service Providers
Employees
| Name | Title | Other | Total |
|---|---|---|---|
| Cathey Prudhomme | Trustee/CEO | $172,487 | $172,487 |
Board Members and Trustees
| Name | Title |
|---|---|
| Kerm Campbell | Chairman |
| Bob Spears | Vice Chair |
| Merle Ross | Ev Board Rep |
| Fred Rolf | Trustee |
| Jim Borin | Trustee |
| Jim Giroux | Trustee |
| Cathey Prudhomme | Trustee/CEO of Ev |
| Denny Lerner | Secretary/tr |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $593,497
- Program Service Revenue
- $0
- Investment Income
- $232,899
- Other Revenue
- $0
- All Other Contributions
- $27,990
- Change in Net Assets
- $101,147
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $705,451 |
| Other Expenses | $19,798 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $705,451 | - | - | $705,451 |
| Fees for Service Investment Mgmnt Fees | - | $19,798 | - | $19,798 |
| Total Functional Expenses | $705,451 | $19,798 | $0 | $725,249 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Eagle Village Inc | Hersey, MI | 501c3 | Funding for Services | $705,451 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- 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
- 2024-10-29
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Cathey Prudhomme
- Formed
- 1990
- Legal Domicile
- Mi
- Voting Board Members
- 7
- Independent Board Members
- 6
- Employees
- 0
- Volunteers
- 6
Preparer
- Firm
- Yeo & Yeo Pc
- Address
- P O BOX 248, ALMA, MI 48801
- Preparer
- Ali N Barnes
- Phone
- 9894636108
Supplemental Narrative
Additional Explanations
Form 990, Part XI, Line 9
“Investment fees -19,798 investment fees 19,798”
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.”
Raw XML AppendixShowing 400 of 418 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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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ENDOWMENT FUND EARNINGS ARE TO BE USED TO SUPPORT THE OPERATIONS OF EAGLE VILLAGE INC. |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FORM 990 WAS PROVIDED TO THE BOARD PRIOR TO SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | INVESTMENT FEES -19,798 INVESTMENT FEES 19,798 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART XI, LINE 9 |
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Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $7,601,581
- Liabilities
- $0
- Net assets
- $7,601,581
- Revenue
- $826,396
- Expenses
- $725,249
- Net income
- $101,147