Civic Intelligence

Gratiot County Community Foundation

990 • Fiscal year 2016 • EIN 38-3087756

Oct 01, 2015 to Sep 30, 2016 • Filed on Apr 22, 2017

Organization ProfileWWW.GRATIOTFOUNDATION.ORG
P O Box 310Ithaca, MI 48847

(989) 875-4222

Siviq Scores

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

Liabilities / Assets

27th percentile

0.06x

Higher debt load relative to assets than 27% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

71st percentile

0.62x

Higher debt load relative to revenue than 71% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

88th percentile

35%

Higher net margin than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

73rd percentile

9.0%

Faster asset growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-40%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$12,779,024

Up $1,058,366 (+9.0%) from 2015

Net Assets

Up

$12,066,981

Up $1,017,577 (+9.2%) from 2015

Liabilities

Up

$712,043

Up $40,789 (+6.1%) from 2015

Revenue And Expenses
Liabilities / Revenue71st percentileNet Margin88th percentile

Revenue

Down

$1,142,240

Down $774,454 (-40%) from 2015

Expenses

Up

$738,919

Up $80,842 (+12%) from 2015

Net Income

Down

$403,321

Down $855,296 (-68%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth73rd percentile

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

$30M$20M$10M$0Assets 2011: $8,078,175Liabilities 2011: $69,662Net Assets 2011: $8,008,5132011Assets 2012: $9,175,826Liabilities 2012: $279,553Net Assets 2012: $8,896,2732012Assets 2013: $10,705,543Liabilities 2013: $226,471Net Assets 2013: $10,479,0722013Assets 2014: $11,776,127Liabilities 2014: $233,074Net Assets 2014: $11,543,0532014Assets 2015: $11,720,658Liabilities 2015: $671,254Net Assets 2015: $11,049,4042015Assets 2016: $12,779,024Liabilities 2016: $712,043Net Assets 2016: $12,066,9812016Assets 2017: $14,002,773Liabilities 2017: $870,125Net Assets 2017: $13,132,6482017Assets 2018: $14,706,607Liabilities 2018: $970,415Net Assets 2018: $13,736,1922018Assets 2019: $14,829,402Liabilities 2019: $1,041,791Net Assets 2019: $13,787,6112019Assets 2020: $15,743,867Liabilities 2020: $1,078,161Net Assets 2020: $14,665,7062020Assets 2021: $18,151,693Liabilities 2021: $1,207,107Net Assets 2021: $16,944,5862021Assets 2022: $15,134,170Liabilities 2022: $994,186Net Assets 2022: $14,139,9842022Assets 2023: $16,159,661Liabilities 2023: $1,043,852Net Assets 2023: $15,115,8092023Assets 2024: $19,029,200Liabilities 2024: $1,242,295Net Assets 2024: $17,786,9052024Assets 2025: $20,286,147Liabilities 2025: $1,347,350Net Assets 2025: $18,938,7972025

Highlighted filing

2016

Assets$12,779,024
Liabilities$712,043
Net Assets$12,066,981
Open 2016 Filing

Operations Trend

Revenue Growth7th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $945,775Expenses 2011: $425,715Net Income 2011: $520,0602011Revenue 2012: $1,674,265Expenses 2012: $1,745,520Net Income 2012: -$71,2552012Revenue 2013: $1,980,188Expenses 2013: $875,281Net Income 2013: $1,104,9072013Revenue 2014: $1,585,542Expenses 2014: $534,193Net Income 2014: $1,051,3492014Revenue 2015: $1,916,694Expenses 2015: $658,077Net Income 2015: $1,258,6172015Revenue 2016: $1,142,240Expenses 2016: $738,919Net Income 2016: $403,3212016Revenue 2017: $1,581,257Expenses 2017: $826,171Net Income 2017: $755,0862017Revenue 2018: $1,357,374Expenses 2018: $845,401Net Income 2018: $511,9732018Revenue 2019: $778,825Expenses 2019: $821,510Net Income 2019: -$42,6852019Revenue 2020: $1,216,937Expenses 2020: $797,541Net Income 2020: $419,3962020Revenue 2021: $1,426,328Expenses 2021: $791,350Net Income 2021: $634,9782021Revenue 2022: $1,181,707Expenses 2022: $998,007Net Income 2022: $183,7002022Revenue 2023: $853,137Expenses 2023: $999,318Net Income 2023: -$146,1812023Revenue 2024: $1,336,603Expenses 2024: $1,019,159Net Income 2024: $317,4442024Revenue 2025: $1,198,376Expenses 2025: $979,290Net Income 2025: $219,0862025

Highlighted filing

2016

Revenue$1,142,240
Expenses$738,919
Net Income$403,321
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Apr 22, 2017
Return Version
2015v3.0
Gross Receipts
$1,156,206
Mission and Program Overview

Mission

To receive and accept property that will be exclusively used for charitable purposes, primarily for the benefit of Gratiot County residents and institutions.

To receive and accept property that will be exclusively used for charitable purposes, primarily for the benefit of gratiot county residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,817,297$11,511,224▲ $693,927
Cash and Non-Interest-Bearing Accounts$378,151$799,188▲ $421,037
Land, Buildings, and Equipment, Net$231,027$223,179▼ $7,848
Pledges and Grants Receivable$152,479$103,729▼ $48,750
Total Assets$11,720,658$12,779,024▲ $1,058,366
Other Assets Total$141,704$141,704→ $0
Liabilities
Other Liabilities$527,181$541,829▲ $14,648
Grants Payable$143,002$167,766▲ $24,764
Accounts Payable and Accrued Expenses$1,071$2,448▲ $1,377
Total Liabilities$671,254$712,043▲ $40,789
Net Assets / Fund Balance
Permanently Rstr Net Assets$10,916,037$11,857,133▲ $941,096
Unrestricted Net Assets$71,341$127,034▲ $55,693
Temporarily Rstr Net Assets$62,026$82,814▲ $20,788
Total Net Assets Fund Balance$11,049,404$12,066,981▲ $1,017,577
Total Liabilities and Net Assets / Fund Balance$11,720,658$12,779,024▲ $1,058,366

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$120,779$38,731$159,510
Land$102,400-$102,400

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$10,916,037$724,786▲ $894,296-$11,857,133
2015$11,040,095$429,929▼ $177,415-$10,916,037
2014$10,016,437$492,455▲ $814,020-$11,040,095
2013$8,321,447$1,144,157▲ $818,972-$10,016,437
2012$7,240,785$258,848▲ $1,036,288-$8,311,736
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Dan RossmanPresident
Richard RicePresident
Audra StahlDirector
Barb MckenzieDirector
Dan RaleighDirector
Daymond GrifkaDirector
Heidi SittsDirector
Janet HunterDirector
Jim WheelerDirector
Kristi TealDirector
Martha BamfieldDirector
Nancy McclinticDirector
Ruggie RamereizDirector
Ryan SmithDirector
Sue MaloneDirector
Pam MunderlohSecretary
Thomas CoulterTreasurer
Mike MillerVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$849,498
Program Service Revenue
$0
Investment Income
$294,058
Other Revenue
$-1,316
All Other Contributions
$849,498
Change in Net Assets
$403,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,142,240
Total Revenue per Audited Statements
$1,142,240
Total Revenue per Form 990
$1,142,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$408,524
Other Expenses$224,445
Salaries, Compensation, and Employee Benefits$105,950
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$408,524--$408,524
Other Salaries and Wages-$99,036-$99,036
Office Expenses-$23,180-$23,180
Information Technology-$19,241-$19,241
Occupancy$4,255$5,962-$10,217
Depreciation Depletion$7,847--$7,847
Interest-$7,572-$7,572
Payroll Taxes-$6,914-$6,914
Other Expenses$96,707$4,543-$4,543
All Other Expenses-$4,371-$4,371
Fees for Services Accounting-$4,103-$4,103
Advertising-$2,920-$2,920
Travel-$219-$219
Total Functional Expenses$517,333$221,586$0$738,919

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$738,919
Total Expenses per Audited Statements$738,919
Total Expenses per Form 990$738,919
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ashley Elementary SchoolAshley, MIGovBasic Needs$408,524
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Endowments$401,726
Mortgage Payable$140,103
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

“Board members cover the annual form 990 and discuss pertinent issues before signature and submission.”

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

“Each trustee, officer, member of a committee with board delegated powers and employee shall annually sign a disclosure statement which, in addition to providing disclosure of employment and financial interest, affirms that such person a) has received a copy of the conflict of interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, and d) understands that the foundation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

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

“Compensation for the executive director of the foundation is subject to annual review and approval by the board of directors.”

Form 990, Page 6, Part VI, Line 19

“Documents are available to for public inespection upon written request.”

Filing and Contact Details

Filer

Filer Name
Gratiot County Community Foundation
EIN
38-3087756
Phone
9898754222
Address
P O BOX 310, ITHACA, MI 48847

Signing Officer

Name
Richard Rice
Title
President
Phone
9898754222
Signed
2017-04-22

Organization Details

Principal Officer
Richard Rice
Voting Board Members
18
Independent Board Members
18
Employees
4

Preparer

Firm
Roslund Prestage & Company Pc
Address
525 W WARWICK DR STE A, ALMA, MI 48801
Preparer
William C Hirschman CPA
Phone
9894636123
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Grants and scholarships awarded for community projects and programs in fields of education, health, human services, arts, culture and community service.”

Form 990, Part XI, Line 9

“Adjustment for rental activity 13,966 total 13,966”

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IRS990/GrantsPayableGrp/EOYAmt0167766
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0408524
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0408524
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01156206
IRS990/GrossRentsGrp/RealAmt012650
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt018
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt019241
IRS990/InformationTechnologyGrp/TotalAmt019241
IRS990/InterestGrp/ManagementAndGeneralAmt07572
IRS990/InterestGrp/TotalAmt07572
IRS990/InvestmentIncomeGrp/ExclusionAmt0294058
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0294058
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010817297
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011511224
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt038731
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0231027
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0223179
IRS990/LandBldgEquipCostOrOtherBssAmt0261910
IRS990/LessRentalExpensesGrp/RealAmt013966
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO RECEIVE AND ACCEPT PROPERTY THAT WILL BE EXCLUSIVELY USED FOR CHARITABLE PURPOSES, PRIMARILY FOR THE BENEFIT OF GRATIOT COUNTY RESIDENTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt011049404
IRS990/NetAssetsOrFundBalancesEOYAmt012066981
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-1316
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-1316
IRS990/NetUnrelatedBusTxblIncmAmt0-1304
IRS990/NetUnrlzdGainsLossesInvstAmt0600290
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt05962
IRS990/OccupancyGrp/ProgramServicesAmt04255
IRS990/OccupancyGrp/TotalAmt010217
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023180
IRS990/OfficeExpensesGrp/TotalAmt023180
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0141704
IRS990/OtherAssetsTotalGrp/EOYAmt0141704
IRS990/OtherChangesInNetAssetsAmt013966
IRS990/OtherExpensesGrp/Desc0COMMUNITY INITIATIVES
IRS990/OtherExpensesGrp/Desc1TRUST DEPARTMENT FEES
IRS990/OtherExpensesGrp/Desc2BANQUETS & ANNUAL MEETING
IRS990/OtherExpensesGrp/Desc3TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt038628
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14897
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24543
IRS990/OtherExpensesGrp/ProgramServicesAmt096707
IRS990/OtherExpensesGrp/TotalAmt096707
IRS990/OtherExpensesGrp/TotalAmt138628
IRS990/OtherExpensesGrp/TotalAmt24897
IRS990/OtherExpensesGrp/TotalAmt34543
IRS990/OtherLiabilitiesGrp/BOYAmt0527181
IRS990/OtherLiabilitiesGrp/EOYAmt0541829
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt099036
IRS990/OtherSalariesAndWagesGrp/TotalAmt099036
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06914
IRS990/PayrollTaxesGrp/TotalAmt06914
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010916037
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt011857133
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0152479
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0103729
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RICHARD RICE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0GRANTS AND SCHOLARSHIPS AWARDED FOR COMMUNITY PROJECTS AND PROGRAMS IN FIELDS OF EDUCATION, HEALTH, HUMAN SERVICES, ARTS, CULTURE AND COMMUNITY SERVICE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt07848
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0522164
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0390573
IRS990/PYInvestmentIncomeAmt01394530
IRS990/PYOtherExpensesAmt0150043
IRS990/PYRevenuesLessExpensesAmt01258617
IRS990/PYSalariesCompEmpBnftPaidAmt0117461
IRS990/PYTotalExpensesAmt0658077
IRS990/PYTotalRevenueAmt01916694
IRS990/ReconcilationRevenueExpnssAmt0403321
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-1316
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0849498
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0522164
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0522953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01399278
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01342793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04636686
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0294058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01394530
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01062589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0580910
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0212750
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03544837
IRS990ScheduleA/PublicSupportCY170Pct00.56670
IRS990ScheduleA/PublicSupportPY170Pct00.56930
IRS990ScheduleA/PublicSupportTotal170Amt04636686
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0849498
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0522164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0522953
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01399278
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01342793
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04636686
IRS990ScheduleA/TotalSupportAmt08181523
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010916037
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0724786
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt011857133
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0-677986
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0894296
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt011040095
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0429929
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010916037
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-376572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-177415
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt010016437
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0492455
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt011040095
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-282817
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0814020
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt08321447
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01144157
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt010016437
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-268139
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0818972
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt07240785
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0258848
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt08311736
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-214474
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01036288
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsHeldCnt019
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0401726
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0738919
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt095
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt011908687
IRS990ScheduleD/LandGrp/BookValueAmt0102400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0102400
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0120779
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt038731
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0159510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0401726
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1140103
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0AGENCY ENDOWMENTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1MORTGAGE PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt01142240
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0223179
IRS990ScheduleD/TotalExpensesPerForm990Amt0738919
IRS990ScheduleD/TotalLiabilityAmt0541829
IRS990ScheduleD/TotalRevenuePerForm990Amt01142240
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01142240
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0738919
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0408524
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BASIC NEEDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ASHLEY ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0104 NEW STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ASHLEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048806
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GRANTS AND SCHOLARSHIPS AWARDED FOR COMMUNITY PROJECTS AND PROGRAMS IN FIELDS OF EDUCATION, HEALTH, HUMAN SERVICES, ARTS, CULTURE AND COMMUNITY SERVICE.

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,779,024
Liabilities
$712,043
Net assets
$12,066,981
Revenue
$1,142,240
Expenses
$738,919
Net income
$403,321
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$20.3$1.35$18.9$1.20$0.98$0.22
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.0$1.24$17.8$1.34$1.02$0.32
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$1.04$15.1$0.85$1.00$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.1$0.99$14.1$1.18$1.00$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.2$1.21$16.9$1.43$0.79$0.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$1.08$14.7$1.22$0.80$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.8$1.04$13.8$0.78$0.82$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$0.97$13.7$1.36$0.85$0.51
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$0.87$13.1$1.58$0.83$0.76
2016Detailed filing. Detailed filing data is available for this year.$12.8$0.71$12.1$1.14$0.74$0.40
2015Detailed filing. Detailed filing data is available for this year.$11.7$0.67$11.0$1.92$0.66$1.26
2014Summary only. Only limited summary data is available for this year.$11.8$0.23$11.5$1.59$0.53$1.05
2013Summary only. Only limited summary data is available for this year.$10.7$0.23$10.5$1.98$0.88$1.10
2012Summary only. Only limited summary data is available for this year.$9.18$0.28$8.90$1.67$1.75$0.07
2011Summary only. Only limited summary data is available for this year.$8.08$0.07$8.01$0.95$0.43$0.52