Civic Intelligence

Michigan Future Inc.

990 • Fiscal year 2010 • EIN 38-3001180

Jul 01, 2009 to Jun 30, 2010 • Filed on Dec 07, 2010

Organization ProfileWWW.MICHIGANFUTURE.ORG
PO Box 13041648113-0416
Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2010 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets5th percentile

Assets

$12,035,067

No earlier filing loaded for comparison.

Net Assets

$12,027,387

No earlier filing loaded for comparison.

Liabilities

$7,680

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

$1,188,669

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$15M$10M$5.0M$0Assets 2010: $12,035,067Liabilities 2010: $7,680Net Assets 2010: $12,027,3872010Assets 2011: $11,330,613Liabilities 2011: $31,512Net Assets 2011: $11,299,1012011Assets 2012: $8,078,672Liabilities 2012: $68,573Net Assets 2012: $8,010,0992012Assets 2013: $5,413,906Liabilities 2013: $91,613Net Assets 2013: $5,322,2932013Assets 2014: $3,284,594Liabilities 2014: $82,863Net Assets 2014: $3,201,7312014Assets 2015: $1,901,850Liabilities 2015: $65,191Net Assets 2015: $1,836,6592015Assets 2016: $1,176,978Liabilities 2016: $28,185Net Assets 2016: $1,148,7932016Assets 2017: $554,720Liabilities 2017: $71,115Net Assets 2017: $483,6052017Assets 2018: $440,149Liabilities 2018: $17,236Net Assets 2018: $422,9132018Assets 2019: $419,662Liabilities 2019: $45,042Net Assets 2019: $374,6202019Assets 2020: $547,285Liabilities 2020: $28,675Net Assets 2020: $518,6102020Assets 2021: $840,731Liabilities 2021: $17,891Net Assets 2021: $822,8402021Assets 2022: $671,908Liabilities 2022: $29,828Net Assets 2022: $642,0802022Assets 2023: $1,339,963Liabilities 2023: $24,644Net Assets 2023: $1,315,3192023Assets 2024: $1,101,763Liabilities 2024: $19,629Net Assets 2024: $1,082,1342024Assets 2025: $1,251,326Liabilities 2025: $16,872Net Assets 2025: $1,234,4542025

Highlighted filing

2010

Assets$12,035,067
Liabilities$7,680
Net Assets$12,027,387
Open 2010 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $1,188,6692010Expenses 2011: $1,786,4592011Expenses 2012: $3,660,0712012Revenue 2013: $1,717,962Expenses 2013: $4,405,768Net Income 2013: -$2,687,8062013Revenue 2014: $535,926Expenses 2014: $2,656,488Net Income 2014: -$2,120,5622014Revenue 2015: $709,003Expenses 2015: $2,074,075Net Income 2015: -$1,365,0722015Revenue 2016: $758,633Expenses 2016: $1,446,499Net Income 2016: -$687,8662016Revenue 2017: $194,849Expenses 2017: $860,038Net Income 2017: -$665,1892017Revenue 2018: $626,521Expenses 2018: $687,213Net Income 2018: -$60,6922018Revenue 2019: $333,045Expenses 2019: $381,338Net Income 2019: -$48,2932019Revenue 2020: $519,500Expenses 2020: $375,510Net Income 2020: $143,9902020Revenue 2021: $758,000Expenses 2021: $453,770Net Income 2021: $304,2302021Revenue 2022: $341,000Expenses 2022: $521,760Net Income 2022: -$180,7602022Revenue 2023: $1,162,640Expenses 2023: $489,401Net Income 2023: $673,2392023Revenue 2024: $488,065Expenses 2024: $721,250Net Income 2024: -$233,1852024Revenue 2025: $813,412Expenses 2025: $661,092Net Income 2025: $152,3202025

Highlighted filing

2010

Revenue-
Expenses$1,188,669
Net Income-
Open 2010 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2009 to Jun 30, 2010
Signed
Dec 7, 2010
Return Version
2009v1.4
Gross Receipts
$12,512,618
Mission and Program Overview

Mission

To develop and advance a practical vision of michigan's social, educational, and economic future

Major Activities

Activity 2
The high school accelerator program is designed to support, train, and manage the opening of new high performing high schools in the detroit, michigan area. The program seeks to utilize highly talented teachers and principals to build an alternative educational system built around quality and which will actively address local education deficits.
Filing and Contact Details

Filer

EIN
38-3001180
Raw XML AppendixShowing 400 of 402 raw XML fields

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IRS990ScheduleO/GeneralExplanation/Explanation0THE ORGANIZATION NOW OPERATES THE HIGH SCHOOL ACCELERATOR PROGRAM, A PROGRAM DESIGNED TO SUPPORT, TRAIN, AND MANAGE THE OPENING OF NEW HIGH PERFORMING HIGH SCHOOLS IN THE DETROIT, MICHIGAN AREA. THE PROGRAM WILL CREATE 11 NEW HIGH SCHOOLS WITHIN FIVE YEARS, STARTING IN 2010, AND HAS LARGER AMBITIONS OF OPENING 24 MORE HIGH SCHOOLS OVER AN ADDITIONAL 4 YEARS. THE PROGRAM SEEKS TO UTILIZE HIGHLY TALENTED TEACHERS AND PRINCIPALS TO BUILD AN ALTERNATIVE EDUCATIONAL SYSTEM BUILT AROUND QUALITY AND WHICH WILL ACTIVELY ADDRESS LOCAL EDUCATION DEFICITS.
IRS990ScheduleO/GeneralExplanation/Explanation1THE PRESIDENT AND THE BOARD REVIEW THE 990 PRIOR TO ISSUANCE.
IRS990ScheduleO/GeneralExplanation/Explanation2THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST AS POSTED ON THE WEBSITE.
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IRS990/UnrelatedBusinessIncome00
IRS990/UnrestrictedNetAssets/BOY040509
IRS990/UnrestrictedNetAssets/EOY050423
IRS990/UponRequest0X
IRS990/WebSite0www.michiganfuture.org
IRS990/WhistleblowerPolicy00
IRS990/YearFormation01991
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0383001180
ReturnHeader/Filer/Name/BusinessNameLine10MICHIGAN FUTURE INC
ReturnHeader/Filer/NameControl0MICH
ReturnHeader/Filer/Phone07347478120
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 130416
ReturnHeader/Filer/USAddress/City0ANN ARBOR
ReturnHeader/Filer/USAddress/State0MI
ReturnHeader/Filer/USAddress/ZIPCode0481130416
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02010-12-07
ReturnHeader/Officer/Name0LOUIS GLAZER
ReturnHeader/Officer/Phone07347478120
ReturnHeader/Officer/Title0PRESIDENT
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10MRPR GROUP PC
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1028411 NORTHWESTERN HWY STE 800
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0SOUTHFIELD
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0MI
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0480345538
ReturnHeader/Preparer/Phone02483579000
ReturnHeader/ReturnType0990
ReturnHeader/TaxPeriodBeginDate02009-07-01
ReturnHeader/TaxPeriodEndDate02010-06-30

Document Assets

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Filings

Displayed year

2010 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$12,035,067
Liabilities
$7,680
Net assets
$12,027,387
Revenue
-
Expenses
$1,188,669
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.25$0.02$1.23$0.81$0.66$0.15
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.02$1.08$0.49$0.72$0.23
2023Detailed filing. Detailed filing data is available for this year.$1.34$0.02$1.32$1.16$0.49$0.67
2022Detailed filing. Detailed filing data is available for this year.$0.67$0.03$0.64$0.34$0.52$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.02$0.82$0.76$0.45$0.30
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.03$0.52$0.52$0.38$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.05$0.37$0.33$0.38$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.02$0.42$0.63$0.69$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.55$0.07$0.48$0.19$0.86$0.67
2016Detailed filing. Detailed filing data is available for this year.$1.18$0.03$1.15$0.76$1.45$0.69
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.07$1.84$0.71$2.07$1.37
2014Detailed filing. Detailed filing data is available for this year.$3.28$0.08$3.20$0.54$2.66$2.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$0.09$5.32$1.72$4.41$2.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.08$0.07$8.01$3.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$0.03$11.3$1.79
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.01$12.0$1.19
Peer Organizations

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