Civic Intelligence

Sterling Heights Area Community Foundation

990 • Fiscal year 2015 • EIN 38-3004613

Jan 01, 2015 to Dec 31, 2015 • Filed on Sep 30, 2016

C/O John Nitz Esq 12900 Hall RoadSterling Heights, MI 48313-1151

(586) 263-1000

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

54th percentile

$21,250

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 29.2% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

59th percentile

4.1%

Faster asset growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

3rd percentile

-64%

Faster revenue growth than 3% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$718,222

Up $28,297 (+4.1%) from 2014

Net Assets

Up

$718,222

Up $28,297 (+4.1%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$72,839

Down $127,887 (-64%) from 2014

Expenses

Down

$61,584

Down $66,826 (-52%) from 2014

Net Income

Down

$11,255

Down $61,061 (-84%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $464,870Liabilities 2010: $02010Assets 2011: $480,068Liabilities 2011: $02011Assets 2012: $529,077Liabilities 2012: $02012Assets 2013: $625,392Liabilities 2013: $0Net Assets 2013: $625,3922013Assets 2014: $689,925Liabilities 2014: $0Net Assets 2014: $689,9252014Assets 2015: $718,222Liabilities 2015: $0Net Assets 2015: $718,2222015Assets 2016: $764,920Liabilities 2016: $0Net Assets 2016: $764,9202016Assets 2017: $857,656Liabilities 2017: $0Net Assets 2017: $857,6562017Assets 2018: $798,559Liabilities 2018: $0Net Assets 2018: $798,5592018Assets 2019: $978,174Liabilities 2019: $0Net Assets 2019: $978,1742019Assets 2020: $1,194,612Liabilities 2020: $0Net Assets 2020: $1,194,6122020Assets 2021: $1,386,368Liabilities 2021: $0Net Assets 2021: $1,386,3682021Assets 2022: $1,281,119Liabilities 2022: $0Net Assets 2022: $1,281,1192022Assets 2023: $1,532,522Liabilities 2023: $0Net Assets 2023: $1,532,5222023Assets 2024: $1,730,017Liabilities 2024: $0Net Assets 2024: $1,730,0172024

Highlighted filing

2015

Assets$718,222
Liabilities$0
Net Assets$718,222

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $57,530Expenses 2010: $33,806Net Income 2010: $23,7242010Revenue 2011: $69,470Expenses 2011: $42,448Net Income 2011: $27,0222011Revenue 2012: $60,962Expenses 2012: $39,561Net Income 2012: $21,4012012Revenue 2013: $159,171Expenses 2013: $89,034Net Income 2013: $70,1372013Revenue 2014: $200,726Expenses 2014: $128,410Net Income 2014: $72,3162014Revenue 2015: $72,839Expenses 2015: $61,584Net Income 2015: $11,2552015Revenue 2016: $89,738Expenses 2016: $43,040Net Income 2016: $46,6982016Revenue 2017: $150,885Expenses 2017: $58,149Net Income 2017: $92,7362017Revenue 2018: $13,108Expenses 2018: $43,390Net Income 2018: -$30,2822018Revenue 2019: $78,419Expenses 2019: $57,176Net Income 2019: $21,2432019Revenue 2020: $71,775Expenses 2020: $44,662Net Income 2020: $27,1132020Revenue 2021: $97,004Expenses 2021: $83,769Net Income 2021: $13,2352021Revenue 2022: $102,069Expenses 2022: $63,556Net Income 2022: $38,5132022Revenue 2023: $90,404Expenses 2023: $94,938Net Income 2023: -$4,5342023Revenue 2024: $91,339Expenses 2024: $78,639Net Income 2024: $12,7002024

Highlighted filing

2015

Revenue$72,839
Expenses$61,584
Net Income$11,255
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Sep 30, 2016
Return Version
2015v2.1
Gross Receipts
$87,628
Mission and Program Overview

Mission

Initiate projects and disburse funds to enhance the sterling heights area's recreational, educational and cultural activities.

Initiate projects and disburse funds to enhance the city of sterling heights' recreational, educational and cultural activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$510,086$551,292▲ $41,206
Cash and Non-Interest-Bearing Accounts$179,839$166,930▼ $12,909
Total Assets$689,925$718,222▲ $28,297
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$580,863$551,292▼ $29,571
Unrestricted Net Assets$109,062$166,930▲ $57,868
Total Net Assets Fund Balance$689,925$718,222▲ $28,297
Total Liabilities and Net Assets / Fund Balance$689,925$718,222▲ $28,297

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$537,172$26,164▲ $17,042-$551,292
2014$488,191$69,114▲ $14,456-$537,172
2013$411,745$42,209▲ $43,907-$488,191
2012$366,108$18,493▲ $46,164-$411,745
2011$314,800$31,988▲ $31,771-$366,108
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karl OskoianExecutive DiPT$21,250$21,250
Michelle MurphyExecutive DiPT$7,500$7,500

Board Members and Trustees

NameTitle
Dr Martin BrownPresident
Angie LommenBoard Member
Pastor Herb HarbaughBoard Member
Wally DoeblerBoard Member
Wayne OehmkeBoard Member
John BozymowskiSecretary
Michael J LazzaraTreasurer
Douglas DinningVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$12,710
Program Service Revenue
$0
Investment Income
$21
Other Revenue
$60,108
All Other Contributions
$9,610
Change in Net Assets
$11,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$59,584
Grants and Similar Amounts Paid$2,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$31,419-$31,419
Insurance-$2,830-$2,830
Office Expenses-$2,090-$2,090
Grants to Domestic Orgs$2,000--$2,000
Fees for Services Accounting-$950-$950
Other Expenses$500--$500
Total Functional Expenses$24,295$37,289$0$61,584
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$70,868
Fundraising Direct Expenses$14,789
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Puttin on the R$73,968$70,868$3,739$67,129
Total Events$73,968$70,868$14,789$56,079
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
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

The completed form 990 is presented to the board of directors at a meeting by the treasurer and all comments and questions are addressed.

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

All of the board members discuss the potential of conflict of interests as new projects or funding and grants arise

Form 990, Page 6, Part VI, Line 18

The organization makes the financial statements, governing documents and conflict of interest policy available to anyone who requests such documents.

Form 990, Page 6, Part VI, Line 19

All governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Sterling Heights Community
EIN
38-3004613
Phone
5862631000
Address
C/O JOHN NITZ ESQ 12900 HALL ROAD, STERLING HEIGHTS, MI 48313-1151

Signing Officer

Name
Dr Martin Brown
Title
President
Phone
5862631000
Signed
2016-09-30

Organization Details

Principal Officer
Dr Martin Brown
Formed
1991
Legal Domicile
Mi
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
20

Preparer

Firm
Kuderik & Associates Pllc
Address
32121 WOODWARD AVE STE 202, ROYAL OAK, MI 48073-0999
Preparer
John E Kuderik CPA
Phone
2488357755
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COMPLETED FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT A MEETING BY THE TREASURER AND ALL COMMENTS AND QUESTIONS ARE ADDRESSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL OF THE BOARD MEMBERS DISCUSS THE POTENTIAL OF CONFLICT OF INTERESTS AS NEW PROJECTS OR FUNDING AND GRANTS ARISE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO ANYONE WHO REQUESTS SUCH DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt0C/O 12900 HALL ROAD SUITE 350
IRS990/USAddress/CityNm0STERLING HEIGHTS
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IRS990/USAddress/ZIPCd0483131151
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IRS990/WebsiteAddressTxt0WWW.STERLING-HEIGHTS.NET
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DR MARTIN BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05862631000
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STERLING HEIGHTS COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0STER
ReturnHeader/Filer/EIN0383004613
ReturnHeader/Filer/PhoneNum05862631000
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O JOHN NITZ ESQ 12900 HALL ROAD
ReturnHeader/Filer/USAddress/CityNm0STERLING HEIGHTS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0483131151
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161778032
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KUDERIK & ASSOCIATES PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt032121 WOODWARD AVE STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROYAL OAK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0480730999
ReturnHeader/PreparerPersonGrp/PhoneNum02488357755
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN E KUDERIK CPA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.00$1.73$0.09$0.08$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.09$0.09$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.10$0.06$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.10$0.08$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.07$0.04$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.08$0.06$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.01$0.04$0.03
2017Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.15$0.06$0.09
2016Summary only. Only limited summary data is available for this year.$0.76$0.00$0.76$0.09$0.04$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.07$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$0.69$0.00$0.69$0.20$0.13$0.07
2013Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.16$0.09$0.07
2012Summary only. Only limited summary data is available for this year.$0.53$0.00$0.06$0.04$0.02
2011Summary only. Only limited summary data is available for this year.$0.48$0.00$0.07$0.04$0.03
2010Summary only. Only limited summary data is available for this year.$0.46$0.00$0.06$0.03$0.02