Civic Intelligence

Grosse Ile Educational Foundation Inc.

990 • Fiscal year 2013 • EIN 38-3235455

Jan 01, 2013 to Dec 31, 2013 • Filed on May 12, 2014

PO Box 34Grosse Ile, MI 48138

(734) 675-8968

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

25th percentile

0.00x

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

63rd percentile

7.3%

Faster asset growth than 63% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$746,080

Up $50,458 (+7.3%) from 2012

Net Assets

Up

$746,080

Up $50,458 (+7.3%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$131,445

No earlier filing loaded for comparison.

Expenses

Up

$151,522

Up $23,646 (+18%) from 2012

Net Income

-$20,077

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.

$3.0M$2.0M$1.0M$0Assets 2011: $647,807Liabilities 2011: $0Net Assets 2011: $647,8072011Assets 2012: $695,622Liabilities 2012: $0Net Assets 2012: $695,6222012Assets 2013: $746,080Liabilities 2013: $0Net Assets 2013: $746,0802013Assets 2014: $1,066,575Liabilities 2014: $0Net Assets 2014: $1,066,5752014Assets 2015: $1,038,111Liabilities 2015: $0Net Assets 2015: $1,038,1112015Assets 2016: $1,082,121Liabilities 2016: $0Net Assets 2016: $1,082,1212016Assets 2017: $1,315,385Liabilities 2017: $0Net Assets 2017: $1,315,3852017Assets 2018: $1,268,922Liabilities 2018: $0Net Assets 2018: $1,268,9222018Assets 2019: $1,539,235Liabilities 2019: $0Net Assets 2019: $1,539,2352019Assets 2020: $1,786,450Liabilities 2020: $0Net Assets 2020: $1,786,4502020Assets 2021: $2,109,507Liabilities 2021: $0Net Assets 2021: $2,109,5072021Assets 2022: $1,701,900Liabilities 2022: $0Net Assets 2022: $1,701,9002022Assets 2023: $2,094,171Liabilities 2023: $0Net Assets 2023: $2,094,1712023Assets 2024: $2,199,200Liabilities 2024: $0Net Assets 2024: $2,199,2002024

Highlighted filing

2013

Assets$746,080
Liabilities$0
Net Assets$746,080

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $87,9682011Expenses 2012: $127,8762012Revenue 2013: $131,445Expenses 2013: $151,522Net Income 2013: -$20,0772013Revenue 2014: $421,327Expenses 2014: $136,467Net Income 2014: $284,8602014Revenue 2015: $118,739Expenses 2015: $82,171Net Income 2015: $36,5682015Revenue 2016: $91,566Expenses 2016: $72,493Net Income 2016: $19,0732016Revenue 2017: $146,178Expenses 2017: $39,358Net Income 2017: $106,8202017Revenue 2018: $237,158Expenses 2018: $127,615Net Income 2018: $109,5432018Revenue 2019: $187,649Expenses 2019: $110,558Net Income 2019: $77,0912019Revenue 2020: $191,101Expenses 2020: $108,480Net Income 2020: $82,6212020Revenue 2021: $162,989Expenses 2021: $16,785Net Income 2021: $146,2042021Revenue 2022: $198,135Expenses 2022: $45,253Net Income 2022: $152,8822022Revenue 2023: $238,421Expenses 2023: $155,431Net Income 2023: $82,9902023Revenue 2024: $194,327Expenses 2024: $136,063Net Income 2024: $58,2642024

Highlighted filing

2013

Revenue$131,445
Expenses$151,522
Net Income-$20,077
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
May 12, 2014
Return Version
2013v3.1
Gross Receipts
$151,961
Mission and Program Overview

Mission

To enrich the education of grosse ile township public school students

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$623,701$676,688▲ $52,987
Savings and Temporary Cash Investments$21,269$49,456▲ $28,187
Cash and Non-Interest-Bearing Accounts$50,652$19,936▼ $30,716
Total Assets$695,622$746,080▲ $50,458
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$342,046$345,656▲ $3,610
Permanently Rstr Net Assets$313,869$316,444▲ $2,575
Temporarily Rstr Net Assets$39,707$83,980▲ $44,273
Total Net Assets Fund Balance$695,622$746,080▲ $50,458
Total Liabilities and Net Assets / Fund Balance$695,622$746,080▲ $50,458

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$353,576$2,575▲ $52,573$-8,300$400,424
2012$360,713$1,850▲ $38,265$-47,252$353,576
2011$394,064$5,861▼ $18,537-$360,713
2010$357,045$6,000▲ $19,061-$394,064
2009$294,423$9,180▲ $43,727$-9,802$357,045
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kurt KobiljakPresident
Amy KingDirector
Barb KlemansDirector
Charlie LowlerDirector
Eileen EllisDirector
John RistaDirector
Lisa AthensDirector
Lisa BlackburnDirector
Michael GeorgesDirector
Shelly GladowskiDirector
Stacy McgowanDirector
Suzy WilliamsDirector
Tom KuzmiakDirector
Trish MansDirector
Melissa BringardSecretary
Jill CraigTreasurer/di
Bob MilesVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$105,377
Program Service Revenue
$0
Investment Income
$25,640
Other Revenue
$428
All Other Contributions
$49,878
Change in Net Assets
$-20,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$139,122
Other Expenses$12,400
Total Fundraising Expense$1,654
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$139,122--$139,122
Fees for Services Accounting-$5,500-$5,500
Insurance-$1,500$1,554$3,054
Advertising-$2,841-$2,841
Office Expenses-$905$100$1,005
Total Functional Expenses$139,122$10,746$1,654$151,522
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
38-6004168-GovProvide Materials$139,122
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,944
Fundraising Direct Expenses$20,516
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$76,443$20,944$11,235$9,709
Total Events$76,443$20,944$20,516$428
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
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
No
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, Page 6, Part VI, Line 11B

Form 990 is prepared by a certified public accountant then reviewed by the treasurer, who presents the return to the board of directors.

Form 990, Page 6, Part VI, Line 19

Financial statements made available upon request.

Filing and Contact Details

Filer

EIN
38-3235455
Phone
7346758968

Signing Officer

Name
Kurt Kobiljak
Title
President/trustee
Phone
7346758968
Signed
2014-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Kobiljak
Formed
1995
Legal Domicile
Mi
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
100

Preparer

Preparer
Gordon Dale CPA
Phone
7346764700
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

To support grosse ile township schools and aid in achieving the best teaching practices, securing the best possible teachers, support foreign language and international studies and support health, physical education and fitness programs

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO SUPPORT GROSSE ILE TOWNSHIP SCHOOLS AND AID IN ACHIEVING THE BEST TEACHING PRACTICES, SECURING THE BEST POSSIBLE TEACHERS, SUPPORT FOREIGN LANGUAGE AND INTERNATIONAL STUDIES AND SUPPORT HEALTH, PHYSICAL EDUCATION AND FITNESS PROGRAMS
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE MATERIALS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10GROSSE ILE PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0386004168
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1023270 EAST RIVER RD
IRS990ScheduleI/RecipientTable/USAddress/City0GROSSE ILE
IRS990ScheduleI/RecipientTable/USAddress/State0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode048138
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTEE'S ARE REQUIRED TO PROVIDE INVOICES FOR PURCHASES WHERE APPLICABLE AND TO REPORT THE GRANT ACTIVITY ANNUALLY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT THEN REVIEWED BY THE TREASURER, WHO PRESENTS THE RETURN TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FINANCIAL STATEMENTS MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$0.19$0.14$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.24$0.16$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.70$0.00$1.70$0.20$0.05$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.16$0.02$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.19$0.11$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.19$0.11$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.24$0.13$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.15$0.04$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.09$0.07$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.12$0.08$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.42$0.14$0.28
2013Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.13$0.15$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.00$0.70$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$0.00$0.65$0.09