Civic Intelligence

Holt Education Foundation

990EZ • Fiscal year 2021 • EIN 38-3122917

Jul 01, 2020 to Jun 30, 2021 • Filed on Dec 20, 2021

5780 W Holt RdHolt, MI 48842-9696

(517) 694-5715

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

9th percentile

-69%

Higher net margin than 9% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

20th percentile

-17%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-64%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$40,486

Down $8,405 (-17%) from 2020

Net Assets

Down

$40,486

Down $8,405 (-17%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$7,632

Down $13,475 (-64%) from 2020

Expenses

Down

$12,890

Down $5,082 (-28%) from 2020

Net Income

Down

-$5,258

Down $8,393 (-268%) from 2020

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $70,155Liabilities 2011: $0Net Assets 2011: $70,1552011Assets 2012: $61,641Liabilities 2012: $0Net Assets 2012: $61,6412012Assets 2013: $45,715Liabilities 2013: $0Net Assets 2013: $45,7152013Assets 2014: $27,222Liabilities 2014: $0Net Assets 2014: $27,2222014Assets 2015: $23,235Liabilities 2015: $0Net Assets 2015: $23,2352015Assets 2016: $25,517Liabilities 2016: $0Net Assets 2016: $25,5172016Assets 2017: $27,029Liabilities 2017: $0Net Assets 2017: $27,0292017Assets 2018: $34,915Liabilities 2018: $0Net Assets 2018: $34,9152018Assets 2019: $45,756Liabilities 2019: $0Net Assets 2019: $45,7562019Assets 2020: $48,891Liabilities 2020: $0Net Assets 2020: $48,8912020Assets 2021: $40,486Liabilities 2021: $0Net Assets 2021: $40,4862021Assets 2022: $50,708Liabilities 2022: $0Net Assets 2022: $50,7082022Assets 2023: $40,969Liabilities 2023: $0Net Assets 2023: $40,9692023Assets 2024: $60,000Net Assets 2024: $60,0002024Assets 2025: $69,877Net Assets 2025: $69,8772025

Highlighted filing

2021

Assets$40,486
Liabilities$0
Net Assets$40,486

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $23,370Expenses 2011: $31,879Net Income 2011: -$8,5092011Revenue 2012: $23,431Expenses 2012: $31,945Net Income 2012: -$8,5142012Revenue 2013: $19,719Expenses 2013: $35,645Net Income 2013: -$15,9262013Revenue 2014: $19,027Expenses 2014: $37,520Net Income 2014: -$18,4932014Revenue 2015: $20,000Expenses 2015: $23,987Net Income 2015: -$3,9872015Revenue 2016: $23,420Expenses 2016: $21,138Net Income 2016: $2,2822016Revenue 2017: $23,607Expenses 2017: $20,445Net Income 2017: $3,1622017Revenue 2018: $21,818Expenses 2018: $13,932Net Income 2018: $7,8862018Revenue 2019: $23,552Expenses 2019: $12,711Net Income 2019: $10,8412019Revenue 2020: $21,107Expenses 2020: $17,972Net Income 2020: $3,1352020Revenue 2021: $7,632Expenses 2021: $12,890Net Income 2021: -$5,2582021Revenue 2022: $19,478Expenses 2022: $9,256Net Income 2022: $10,2222022Revenue 2023: $28,235Expenses 2023: $40,203Net Income 2023: -$11,9682023Revenue 2024: $41,957Expenses 2024: $29,159Net Income 2024: $12,7982024Revenue 2025: $53,434Expenses 2025: $43,557Net Income 2025: $9,8772025

Highlighted filing

2021

Revenue$7,632
Expenses$12,890
Net Income-$5,258
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Dec 20, 2021
Return Version
2020v4.1
Gross Receipts
$7,632
Mission and Program Overview

Mission

To provide educational opportunities for establishing innovative programs and resources that will challenge students and staff members to achieve their full potential, now and in the future.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION FUNDS CERTAIN UNANTICIPATED EXPENSES FOR SCHOOL GROUPS THAT ARE NOT COVERED BY MINI-GRANTS. THIS FUNDS THE DESTINATION IMAGINATION STATE TITLE WHICH PROVIDES SUPPORT TO TRAVEL OUT OF STATE FOR FURTHER COMPETITION. THIS ALSO FUNDS THE PORTFOLIO DAYS PROGRAM FOR 9TH GRADERS WHERE EACH STUDENT MUST PRESENT THEIR PORTFOLIO OF ACCOMPLISHMENTS TO A COMMUNITY MEMBER VOLUNTEER.$0$8,986
THE FOUNDATION HAS TWO MAJOR PARENT/STUDENT/FACULTY EVENTS EACH YEAR TO IMPROVE RELATIONSHIPS AND THE QUALITY OF EDUCATION FOR STUDENTS AND PROGRAMS IN THE HOLT/DIMONDALE SCHOOL DISTRICT. COVID PREVENTED THE HOSTING OF EVENTS THIS FISCAL YEAR.$0$1,904
MUSIC SCHOLARSHIPS ARE IN MEMORY OF MARGARET LIVENSBARGER. A MUSIC SCHOLARSHIP WAS AWARDED TO ONE INDIVIDUAL DURING THE YEAR.$1,000$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT WRIGGELSWORTHTrustee-$0--
NEIL OSOFFTrustee-$0--
MARK TROISITrustee-$0--
JULIE PINGSTONTrustee-$0--
JEFFREY KEGLERTrustee-$0--
DAVID HORNAKTrustee-$0--
DAVID DECTrustee-$0--
CAMRON GNASSTrustee-$0--
BRAD CASETrustee-$0--
BEN BAKKENTrustee-$0--
DONALD MANNTreasurer-$0--
KIM HARLESSSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Holt Education Foundation
EIN
38-3122917
Phone
5176945715
Address
5780 W HOLT RD, HOLT, MI 48842-9696

Signing Officer

Name
Donald Mann
Title
Treasurer
Phone
5176945715
Signed
2021-12-20
Discuss with paid preparer
Yes

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Brandy L Mikula CPA
Phone
5173237500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 22.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: music scholarship. Grantee name: individual. Grantee relationship: n/a. Date of gift: 06/14/21. Amount given: 1,000.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: mini-grants. Grantee name: holt public schools. Grantee address: 5780 holt road holt, mi 48842. Grantee relationship: n/a. Date of gift: 01/14/21. Amount given: 6,948. Total included on form 990-ez, line 10: 7,948.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: parent/student/faculty events. Amount: 1,904. Description: student assistance programs. Amount: 2,038. Description: misc fees. Amount: 1,000. Total to form 990-ez, line 16: 4,942.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: prior period adjustment to net assets. Amount: -3,147.

Raw XML Appendix230 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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IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR ESTABLISHING INNOVATIVE PROGRAMS AND RESOURCES THAT WILL CHALLENGE STUDENTS AND STAFF MEMBERS TO ACHIEVE THEIR FULL POTENTIAL, NOW AND IN THE FUTURE.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION FUNDS CERTAIN UNANTICIPATED EXPENSES FOR SCHOOL GROUPS THAT ARE NOT COVERED BY MINI-GRANTS. THIS FUNDS THE DESTINATION IMAGINATION STATE TITLE WHICH PROVIDES SUPPORT TO TRAVEL OUT OF STATE FOR FURTHER COMPETITION. THIS ALSO FUNDS THE PORTFOLIO DAYS PROGRAM FOR 9TH GRADERS WHERE EACH STUDENT MUST PRESENT THEIR PORTFOLIO OF ACCOMPLISHMENTS TO A COMMUNITY MEMBER VOLUNTEER.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE FOUNDATION HAS TWO MAJOR PARENT/STUDENT/FACULTY EVENTS EACH YEAR TO IMPROVE RELATIONSHIPS AND THE QUALITY OF EDUCATION FOR STUDENTS AND PROGRAMS IN THE HOLT/DIMONDALE SCHOOL DISTRICT. COVID PREVENTED THE HOSTING OF EVENTS THIS FISCAL YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2MUSIC SCHOLARSHIPS ARE IN MEMORY OF MARGARET LIVENSBARGER. A MUSIC SCHOLARSHIP WAS AWARDED TO ONE INDIVIDUAL DURING THE YEAR.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt11904
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt21000
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE FOUNDATION PROVIDES EDUCATION OPPORTUNITIES FOR ESTABLISHING INNOVATIVE PROGRAMS AND RESOURCES THAT WILL CHALLENGE STUDENTS AND STAFF MEMBERS TO ACHIEVE THEIR FULL POTENTIAL, NOW AND IN THE FUTURE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 22.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: MUSIC SCHOLARSHIP. GRANTEE NAME: INDIVIDUAL. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 06/14/21. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: MINI-GRANTS. GRANTEE NAME: HOLT PUBLIC SCHOOLS. GRANTEE ADDRESS: 5780 HOLT ROAD HOLT, MI 48842. GRANTEE RELATIONSHIP: N/A. DATE OF GIFT: 01/14/21. AMOUNT GIVEN: 6,948. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 7,948.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PARENT/STUDENT/FACULTY EVENTS. AMOUNT: 1,904. DESCRIPTION: STUDENT ASSISTANCE PROGRAMS. AMOUNT: 2,038. DESCRIPTION: MISC FEES. AMOUNT: 1,000. TOTAL TO FORM 990-EZ, LINE 16: 4,942.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PRIOR PERIOD ADJUSTMENT TO NET ASSETS. AMOUNT: -3,147.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/Filer/USAddress/AddressLine1Txt05780 W HOLT RD
ReturnHeader/Filer/USAddress/CityNm0HOLT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0488429696
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382157642
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MANER COSTERISAN PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02425 E GRAND RIVER SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0489123291
ReturnHeader/PreparerPersonGrp/PhoneNum05173237500
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRANDY L MIKULA CPA
ReturnHeader/ReturnTs02022-01-10T13:52:55-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DONALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MANN
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$69.9$69.9$53.4$43.6$9.88
2024Detailed filing. Detailed filing data is available for this year.$60.0$60.0$42.0$29.2$12.8
2023Detailed filing. Detailed filing data is available for this year.$41.0$0.00$41.0$28.2$40.2$12.0
2022Detailed filing. Detailed filing data is available for this year.$50.7$0.00$50.7$19.5$9.26$10.2
2021Detailed filing. Detailed filing data is available for this year.$40.5$0.00$40.5$7.63$12.9$5.26
2020Detailed filing. Detailed filing data is available for this year.$48.9$0.00$48.9$21.1$18.0$3.14
2019Detailed filing. Detailed filing data is available for this year.$45.8$0.00$45.8$23.6$12.7$10.8
2018Detailed filing. Detailed filing data is available for this year.$34.9$0.00$34.9$21.8$13.9$7.89
2017Detailed filing. Detailed filing data is available for this year.$27.0$0.00$27.0$23.6$20.4$3.16
2016Detailed filing. Detailed filing data is available for this year.$25.5$0.00$25.5$23.4$21.1$2.28
2015Detailed filing. Detailed filing data is available for this year.$23.2$0.00$23.2$20.0$24.0$3.99
2014Detailed filing. Detailed filing data is available for this year.$27.2$0.00$27.2$19.0$37.5$18.5
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.7$0.00$45.7$19.7$35.6$15.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$61.6$0.00$61.6$23.4$31.9$8.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.2$0.00$70.2$23.4$31.9$8.51