Civic Intelligence

Holt Education Foundation

990EZ • Fiscal year 2023 • EIN 38-3122917

Jul 01, 2022 to Jun 30, 2023 • Filed on May 10, 2024

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

58th percentile

0.00x

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

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

Liabilities / Revenue

59th percentile

0.00x

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

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

Net Margin

12th percentile

-42%

Higher net margin than 12% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

24th percentile

-19%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

79th percentile

45%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Down

$40,969

Down $9,739 (-19%) from 2022

Net Assets

Down

$40,969

Down $9,739 (-19%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$28,235

Up $8,757 (+45%) from 2022

Expenses

Up

$40,203

Up $30,947 (+334%) from 2022

Net Income

Down

-$11,968

Down $22,190 (-217%) from 2022

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

2023

Assets$40,969
Liabilities$0
Net Assets$40,969

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

2023

Revenue$28,235
Expenses$40,203
Net Income-$11,968
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 10, 2024
Return Version
2022v5.0
Gross Receipts
$28,235
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. SOME OF THE ITEMS IT FUNDED THIS YEAR ARE CONCESSION STAND FOR MONEYBALL BASKETBALL AND SPONSPORED FIVE MINUTES TOPS.$0$6,776
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.$0$4,377
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT WRIGGELSWORTHTrustee-$0--
NEIL OSOFFTrustee-$0--
MARK TROISITrustee-$0--
JULIE PINGSTONTrustee-$0--
BRIAN BALLTrustee-$0--
DAVID HORNAKTrustee-$0--
DAVID DECTrustee-$0--
CAMRON GNASSTrustee-$0--
LUCAS SCHRAUBENTrustee-$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
Benjamin Bakken
Title
Treasurer
Phone
5176945715
Signed
2024-05-10
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: 374.

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. Amount given: 25,451. Total included on form 990-ez, line 10: 25,451.

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

Description: advertising . Amount: 859. Description: supplies. Amount: 881. Description: program service supplies. Amount: 7,295. Total to form 990-ez, line 16: 9,035.

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

Description: prior period adjustment to net assets. Amount: 2,229.

Raw XML Appendix228 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/OfficerDirectorTrusteeEmplGrp/PersonNm0SCOTT WRIGGELSWORTH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt02229
IRS990EZ/OtherExpensesTotalAmt09035
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
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/ProgramServiceRevenueAmt019861
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FOUNDATION FUNDS CERTAIN UNANTICIPATED EXPENSES FOR SCHOOL GROUPS THAT ARE NOT COVERED BY MINI-GRANTS. SOME OF THE ITEMS IT FUNDED THIS YEAR ARE CONCESSION STAND FOR MONEYBALL BASKETBALL AND SPONSPORED FIVE MINUTES TOPS.
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06776
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt14377
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/SubjectToProxyTaxInd00
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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.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PAGE 5, PART IV, SECTION E, LINE 1C
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 374.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: MINI-GRANTS. GRANTEE NAME: HOLT PUBLIC SCHOOLS. GRANTEE ADDRESS: 5780 HOLT ROAD HOLT, MI 48842. GRANTEE RELATIONSHIP: N/A. AMOUNT GIVEN: 25,451. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 25,451.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ADVERTISING . AMOUNT: 859. DESCRIPTION: SUPPLIES. AMOUNT: 881. DESCRIPTION: PROGRAM SERVICE SUPPLIES. AMOUNT: 7,295. TOTAL TO FORM 990-EZ, LINE 16: 9,035.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PRIOR PERIOD ADJUSTMENT TO NET ASSETS. AMOUNT: 2,229.
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 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN BAKKEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05176945715
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOLT EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0HOLT
ReturnHeader/Filer/EIN0383122917
ReturnHeader/Filer/PhoneNum05176945715
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ReturnHeader/Filer/USAddress/CityNm0HOLT
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANSING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerPersonGrp/PhoneNum05173237500
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRANDY L MIKULA CPA
ReturnHeader/ReturnTs02024-05-10T10:48:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BENJAMIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BAKKEN
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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.$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