Civic Intelligence

Foundation for Excellence-Walled Lake Schools

990 • Fiscal year 2023 • EIN 38-3041277

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 08, 2024

850 Ladd Rd Bldg DWalled Lake, MI 48390

(248) 956-2116

Siviq Scores

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

Liabilities / Assets

76th percentile

0.05x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

86th percentile

0.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

17th percentile

-25%

Higher net margin than 17% of similar nonprofits.

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

Top Officer Pay

87th percentile

$27,000

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 24.2% of source-year revenue.

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

Asset Growth

38th percentile

-4.9%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

14th percentile

-42%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Down

$397,470

Down $20,587 (-4.9%) from 2022

Net Assets

Down

$377,184

Down $16,901 (-4.3%) from 2022

Liabilities

Down

$20,286

Down $3,686 (-15%) from 2022

Revenue

Down

$111,427

Down $79,633 (-42%) from 2022

Expenses

Up

$139,227

Up $34,348 (+33%) from 2022

Net Income

Down

-$27,800

Down $113,981 (-132%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $111,704Liabilities 2011: $02011Assets 2012: $111,356Liabilities 2012: $0Net Assets 2012: $111,3562012Assets 2013: $102,150Liabilities 2013: $0Net Assets 2013: $102,1502013Assets 2014: $146,840Liabilities 2014: $0Net Assets 2014: $146,8402014Assets 2015: $181,809Liabilities 2015: $25,350Net Assets 2015: $156,4592015Assets 2016: $245,680Liabilities 2016: $40,750Net Assets 2016: $204,9302016Assets 2017: $255,374Liabilities 2017: $40,750Net Assets 2017: $214,6242017Assets 2018: $272,287Liabilities 2018: $28,678Net Assets 2018: $243,6092018Assets 2019: $322,686Liabilities 2019: $42,028Net Assets 2019: $280,6582019Assets 2020: $289,064Liabilities 2020: $64,968Net Assets 2020: $224,0962020Assets 2021: $383,056Liabilities 2021: $54,297Net Assets 2021: $328,7592021Assets 2022: $418,057Liabilities 2022: $23,972Net Assets 2022: $394,0852022Assets 2023: $397,470Liabilities 2023: $20,286Net Assets 2023: $377,1842023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024Assets 2025: $462,665Liabilities 2025: $21,987Net Assets 2025: $440,6782025

Highlighted filing

2023

Assets$397,470
Liabilities$20,286
Net Assets$377,184

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $105,657Expenses 2011: $130,870Net Income 2011: -$25,2132011Revenue 2012: $99,010Expenses 2012: $101,443Net Income 2012: -$2,4332012Revenue 2013: $71,676Expenses 2013: $82,746Net Income 2013: -$11,0702013Revenue 2014: $120,484Expenses 2014: $78,314Net Income 2014: $42,1702014Revenue 2015: $165,077Expenses 2015: $131,399Net Income 2015: $33,6782015Revenue 2016: $152,437Expenses 2016: $105,900Net Income 2016: $46,5372016Revenue 2017: $122,894Expenses 2017: $123,054Net Income 2017: -$1602017Revenue 2018: $134,550Expenses 2018: $112,478Net Income 2018: $22,0722018Revenue 2019: $120,473Expenses 2019: $92,243Net Income 2019: $28,2302019Revenue 2020: $78,119Expenses 2020: $139,215Net Income 2020: -$61,0962020Revenue 2021: $168,548Expenses 2021: $88,593Net Income 2021: $79,9552021Revenue 2022: $191,060Expenses 2022: $104,879Net Income 2022: $86,1812022Revenue 2023: $111,427Expenses 2023: $139,227Net Income 2023: -$27,8002023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $123,351Expenses 2025: $103,282Net Income 2025: $20,0692025

Highlighted filing

2023

Revenue$111,427
Expenses$139,227
Net Income-$27,800
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 8, 2024
Return Version
2022v5.0
Gross Receipts
$128,873
Mission and Program Overview

Mission

Support of outstanding educational programs within the walled lake consolidated school district.

Foster innovation in teaching and learning within the walled lake consolidated school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$130,927$212,835▲ $81,908
Savings and Temporary Cash Investments$185,298$141,323▼ $43,975
Cash and Non-Interest-Bearing Accounts$101,832$43,312▼ $58,520
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$418,057$397,470▼ $20,587
Other Assets Total-$0-
Liabilities
Grants Payable$22,931$20,286▼ $2,645
Unsecured Notes Loans Payable$1,041--
Total Liabilities$23,972$20,286▼ $3,686
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$305,158$268,521▼ $36,637
Net Assets With Donor Restrictions$88,927$108,663▲ $19,736
Total Net Assets Fund Balance$394,085$377,184▼ $16,901
Total Liabilities and Net Assets / Fund Balance$418,057$397,470▼ $20,587
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jackie GurwinExecutive DirectorPT$27,000$27,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$72,353
Program Service Revenue
$0
Investment Income
$3,702
Other Revenue
$35,372
All Other Contributions
$52,053
Change in Net Assets
$-27,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$95,792
Salaries, Compensation, and Employee Benefits$36,000
Other Expenses$7,435
Total Fundraising Expense$5,002
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$95,792--$95,792
Current Officers, Directors, Trustees, and Key Employees$21,600$10,800$3,600$36,000
Insurance-$1,129-$1,129
Fees for Services Accounting-$532-$532
Advertising--$160$160
Office Expenses-$140-$140
Other Expenses$450$50$1,242$50
Total Functional Expenses$121,574$12,651$5,002$139,227
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Walled Lake Cons SchoolsWalled Lake, MISchool DistrictProgram Support$95,792
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$52,818
Fundraising Direct Expenses$17,446
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$51,218$30,918$5,051$25,867
Raffle$21,900$21,900$690$21,210
Total Events$73,118$52,818$17,446$35,372
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 and related schedules are presented to the officers and executive director for review prior to filing.

Form 990, Part VI, Section B, Line 15A

Exec director compensation is recommended by the operations committee based on job performance and comparable compensation information. Annual compensation is approved by the board of trustees.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Foundation for Excellence
EIN
38-3041277
Phone
2489562116
Address
850 Ladd Rd Bldg D, Walled Lake, MI 48390

Signing Officer

Name
Jackie Gurwin
Title
Executive Director
Signed
2024-04-08
Discuss with paid preparer
Yes

Organization Details

Formed
1972
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
9
Employees
0
Volunteers
10

Preparer

Firm
Terry Accounting Group PLLC
Address
3070 Pheasant Run East Dr, Wixom, MI 48393
Preparer
Kevin S Terry
Phone
2483456437
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IRS990/Form990PartVIISectionAGrp/PersonNm0Jackie Gurwin
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IRS990/NetUnrlzdGainsLossesInvstAmt010899
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0305158
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0268521
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0140
IRS990/OfficeExpensesGrp/TotalAmt0140
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0supplies
IRS990/OtherExpensesGrp/Desc1awards and recognition
IRS990/OtherExpensesGrp/Desc2membership dues
IRS990/OtherExpensesGrp/Desc3training
IRS990/OtherExpensesGrp/FundraisingAmt01242
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050
IRS990/OtherExpensesGrp/ProgramServicesAmt02202
IRS990/OtherExpensesGrp/ProgramServicesAmt11530
IRS990/OtherExpensesGrp/ProgramServicesAmt2450
IRS990/OtherExpensesGrp/TotalAmt03444
IRS990/OtherExpensesGrp/TotalAmt11530
IRS990/OtherExpensesGrp/TotalAmt2450
IRS990/OtherExpensesGrp/TotalAmt350
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORT EDUCATION WITHIN THE WALLED LAKE CONSOLIDATED SCHOOL DISTRICT BY PURCHASING SUPPLIES AND MATERIALS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046787
IRS990/ProgSrvcAccomActy2Grp/GrantAmt036865
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0191962
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt061710
IRS990/PYInvestmentIncomeAmt05220
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02869
IRS990/PYOtherRevenueAmt0-6122
IRS990/PYRevenuesLessExpensesAmt086181
IRS990/PYSalariesCompEmpBnftPaidAmt040300
IRS990/PYTotalExpensesAmt0104879
IRS990/PYTotalRevenueAmt0191060
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-27800
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0185298
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0141323
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt072353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0106962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105469
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076018
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt073881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0434683
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03702
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05220
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt06789
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0424
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt016180
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93530
IRS990ScheduleA/PublicSupportPY170Pct00.74620
IRS990ScheduleA/PublicSupportTotal170Amt0421700
IRS990ScheduleA/SubstantialContributorsTotAmt012983
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt072353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0106962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0105469
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076018
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt073881
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0434683
IRS990ScheduleA/TotalSupportAmt0450863
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt011705
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt011705
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt020300
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt020300
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017446
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Outing
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Raffle
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051218
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt021900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt073118
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030918
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt021900
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052818
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035372
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05741
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05051
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0690
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt095792
IRS990ScheduleI/RecipientTable/IRCSectionDesc0SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Walled Lake Cons Schools
IRS990ScheduleI/RecipientTable/RecipientEIN0386003049
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0850 Ladd Rd Bldg D
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Walled Lake
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048390
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0cost
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REQUIRES WRITTEN GRANT APPLICATIONS FOR AWARDS. THE EXECUTIVE DIRECTOR COMMUNICATES PERIODICALLY WITH GRANT RECIPIENTS TO VERIFY GRANT FUNDS WERE USED ACCORDING TO THE WRITTEN GRANT APPLICATION REQUESTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false

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.$4.63$0.22$4.41$1.23$1.03$0.20
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.97$0.20$3.77$1.11$1.39$0.28
2022Detailed filing. Detailed filing data is available for this year.$4.18$0.24$3.94$1.91$1.05$0.86
2021Detailed filing. Detailed filing data is available for this year.$3.83$0.54$3.29$1.69$0.89$0.80
2020Detailed filing. Detailed filing data is available for this year.$2.89$0.65$2.24$0.78$1.39$0.61
2019Detailed filing. Detailed filing data is available for this year.$3.23$0.42$2.81$1.20$0.92$0.28
2018Detailed filing. Detailed filing data is available for this year.$2.72$0.29$2.44$1.35$1.12$0.22
2017Detailed filing. Detailed filing data is available for this year.$2.55$0.41$2.15$1.23$1.23$0.00
2016Detailed filing. Detailed filing data is available for this year.$2.46$0.41$2.05$1.52$1.06$0.47
2015Detailed filing. Detailed filing data is available for this year.$1.82$0.25$1.56$1.65$1.31$0.34
2014Detailed filing. Detailed filing data is available for this year.$1.47$0.00$1.47$1.20$0.78$0.42
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.02$0.00$1.02$0.72$0.83$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$0.99$1.01$0.02
2011Summary only. Only limited summary data is available for this year.$1.12$0.00$1.06$1.31$0.25