Civic Intelligence

Grand Rapids Public Schools Foundat Ion

990 • Fiscal year 2012 • EIN 38-3137984

Jul 01, 2011 to Jun 30, 2012 • Filed on Nov 12, 2012

111 Library NE49503
Siviq Scores

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

Liabilities / Assets

54th percentile

0.16x

Higher debt load relative to assets than 54% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

34th percentile

-2.3%

Faster asset growth than 34% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$4,494,179

Down $105,821 (-2.3%) from 2011

Net Assets

Down

$3,778,562

Down $672,195 (-15%) from 2011

Liabilities

Up

$715,617

Up $566,374 (+379%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$2,993,573

Up $608,804 (+26%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $4,600,000Liabilities 2011: $149,243Net Assets 2011: $4,450,7572011Assets 2012: $4,494,179Liabilities 2012: $715,617Net Assets 2012: $3,778,5622012Assets 2013: $2,460,761Liabilities 2013: $0Net Assets 2013: $2,460,7612013Assets 2014: $1,613,319Liabilities 2014: $91,401Net Assets 2014: $1,521,9182014Assets 2015: $3,056,849Liabilities 2015: $72,688Net Assets 2015: $2,984,1612015Assets 2016: $2,898,476Liabilities 2016: $2,480Net Assets 2016: $2,895,9962016Assets 2017: $4,103,762Liabilities 2017: $89,771Net Assets 2017: $4,013,9912017Assets 2018: $6,030,648Liabilities 2018: $251,340Net Assets 2018: $5,779,3082018Assets 2019: $4,482,151Liabilities 2019: $156,207Net Assets 2019: $4,325,9442019Assets 2020: $4,824,424Liabilities 2020: $685,755Net Assets 2020: $4,138,6692020Assets 2021: $4,886,118Liabilities 2021: $1,343,683Net Assets 2021: $3,542,4352021Assets 2022: $7,185,647Liabilities 2022: $1,237,539Net Assets 2022: $5,948,1082022Assets 2023: $5,111,558Liabilities 2023: $475,269Net Assets 2023: $4,636,2892023Assets 2024: $4,002,298Liabilities 2024: $59,385Net Assets 2024: $3,942,9132024Assets 2025: $3,569,793Liabilities 2025: $318,383Net Assets 2025: $3,251,4102025

Highlighted filing

2012

Assets$4,494,179
Liabilities$715,617
Net Assets$3,778,562

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,384,7692011Expenses 2012: $2,993,5732012Revenue 2013: $1,712,897Expenses 2013: $3,030,698Net Income 2013: -$1,317,8012013Revenue 2014: $572,697Expenses 2014: $1,511,540Net Income 2014: -$938,8432014Revenue 2015: $3,641,873Expenses 2015: $2,175,037Net Income 2015: $1,466,8362015Revenue 2016: $1,248,724Expenses 2016: $1,327,655Net Income 2016: -$78,9312016Revenue 2017: $3,160,662Expenses 2017: $2,074,903Net Income 2017: $1,085,7592017Revenue 2018: $4,514,890Expenses 2018: $2,786,903Net Income 2018: $1,727,9872018Revenue 2019: $3,660,180Expenses 2019: $5,113,418Net Income 2019: -$1,453,2382019Revenue 2020: $3,836,646Expenses 2020: $4,057,909Net Income 2020: -$221,2632020Revenue 2021: $3,862,472Expenses 2021: $4,604,917Net Income 2021: -$742,4452021Revenue 2022: $4,898,326Expenses 2022: $2,302,747Net Income 2022: $2,595,5792022Revenue 2023: $893,841Expenses 2023: $2,260,201Net Income 2023: -$1,366,3602023Revenue 2024: $691,732Expenses 2024: $1,458,302Net Income 2024: -$766,5702024Revenue 2025: $660,352Expenses 2025: $1,356,627Net Income 2025: -$696,2752025

Highlighted filing

2012

Revenue-
Expenses$2,993,573
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Nov 12, 2012
Return Version
2011v1.2
Gross Receipts
$2,989,589
Mission and Program Overview

Mission

Cultivating community resources to enrich educational experiences and remove barriers so every student learns, develops, and thrives. The grps foundation's mission is to remove barriers and secure essential funding for critical programs, projects, and resources, ensuring that every student in the grand rapids public schools (grps) system learns, develops, and thrives. As the primary foundation for west michigan's largest public school district, grps foundation supports nearly 14,000 students, inspiring future success through a well-rounded approach to education. Each year, we fund vital programs in sports, arts, music, and experiential learning, offering hands-on, real-world experiences that complement classroom instruction. Our support extends to providing students with essential resources, including warm clothing, school supplies, and volunteer-led initiatives like playground clean-ups. Additionally, we administer mini-grants for teachers and principals, empowering educators.

Major Activities

Activity 2
Blandford School - Fund the construction of a new school building for Blandford School.
Activity 3
Successful Futures Neighborhood Initiative - Fund a cooperative endeavor, Believe 2 Become, to close the acheivement gap and increase graduation rates in four city neighborhoods, home to 15,000 children.
Filing and Contact Details

Filer

EIN
38-3137984
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IRS990/ReconcilationRevenueExpenses0-430430
IRS990/RegularMonitoringEnforcement0true
IRS990/RelatedEntity0false
IRS990/RelatedOrgControlledEntity0false
IRS990/ReportFin48Footnote0false
IRS990/ReportInvestOthSecurities0false
IRS990/ReportLandBldgEquip0true
IRS990/ReportOtherAssets0false
IRS990/ReportOtherLiabilities0true
IRS990/ReportProgRelInvest0false
IRS990/RevenuesLessExpensesCY0-430430
IRS990/RevenuesLessExpensesPriorYear0-1499008
IRS990/Royalties/Total00
IRS990/SalariesEtcCurrentYear0164017
IRS990/SalariesEtcPriorYear0155284
IRS990ScheduleA/AmountsSubstContributorsTotal06993412
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear02412943
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year0724339
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus2Years04326156
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years02748137
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0626073
IRS990ScheduleA/GiftsGrantsContribReceived170/Total010837648
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYear013755
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus1Year07779
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus2Years07338
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus3Years018338
IRS990ScheduleA/GrossInvestmentIncome170/CurrentTaxYearMinus4Years029558
IRS990ScheduleA/GrossInvestmentIncome170/Total076768
IRS990ScheduleA/InvestmentIncomePercentage00.00000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.32$3.25$0.66$1.36$0.70
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.00$0.06$3.94$0.69$1.46$0.77
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.11$0.48$4.64$0.89$2.26$1.37
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.19$1.24$5.95$4.90$2.30$2.60
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.89$1.34$3.54$3.86$4.60$0.74
2020Summary only. Only limited summary data is available for this year.$4.82$0.69$4.14$3.84$4.06$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.48$0.16$4.33$3.66$5.11$1.45
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.03$0.25$5.78$4.51$2.79$1.73
2017Summary only. Only limited summary data is available for this year.$4.10$0.09$4.01$3.16$2.07$1.09
2016Summary only. Only limited summary data is available for this year.$2.90$0.00$2.90$1.25$1.33$0.08
2015Summary only. Only limited summary data is available for this year.$3.06$0.07$2.98$3.64$2.18$1.47
2014Summary only. Only limited summary data is available for this year.$1.61$0.09$1.52$0.57$1.51$0.94
2013Summary only. Only limited summary data is available for this year.$2.46$0.00$2.46$1.71$3.03$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.49$0.72$3.78$2.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.60$0.15$4.45$2.38
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2012 filings • 501(c)3 • $1M-$5M nonprofits