Civic Intelligence

Grosse Ile Educational Foundation Inc.

990 • Fiscal year 2015 • EIN 38-3235455

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 18, 2016

PO Box 34Grosse Ile, MI 48138

(734) 675-8968

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$1,038,111

Down $28,464 (-2.7%) from 2014

Net Assets

Down

$1,038,111

Down $28,464 (-2.7%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses

Revenue

Down

$118,739

Down $302,588 (-72%) from 2014

Expenses

Down

$82,171

Down $54,296 (-40%) from 2014

Net Income

Down

$36,568

Down $248,292 (-87%) from 2014

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

2015

Assets$1,038,111
Liabilities$0
Net Assets$1,038,111

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

2015

Revenue$118,739
Expenses$82,171
Net Income$36,568
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 18, 2016
Return Version
2015v2.1
Gross Receipts
$304,134
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$982,253$985,963▲ $3,710
Savings and Temporary Cash Investments$47,486$31,737▼ $15,749
Cash and Non-Interest-Bearing Accounts$36,836$20,411▼ $16,425
Total Assets$1,066,575$1,038,111▼ $28,464
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$666,826$634,715▼ $32,111
Permanently Rstr Net Assets$317,744$319,844▲ $2,100
Temporarily Rstr Net Assets$82,005$83,552▲ $1,547
Total Net Assets Fund Balance$1,066,575$1,038,111▼ $28,464
Total Liabilities and Net Assets / Fund Balance$1,066,575$1,038,111▼ $28,464

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$399,749$2,100▲ $7,470$-5,923$403,396
2014$400,424$1,300▲ $24,232$-26,207$399,749
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
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kurt KobiljakPresident
Amy RossiDirector
Barb KlemansDirector
Bill EisDirector
Charlie LowlerDirector
Jim BennettDirector
John FormentinDirector
Julie MorettiDirector
Kevin DermodyDirector
Komal ZemminDirector
Lisa BlackburnDirector
Marcia PflumDirector
Michael GeorgesDirector
Shelly GladowskiDirector
Stacey DavisDirector
Trish MansDirector
Jackie DesanaDirecotr
Cheryl ZulaSecretary
Jill CraigTreasurer/di
John RistaVice Pres/di
Revenue and Support

Revenue Composition

Contributions and Grants
$62,441
Program Service Revenue
$0
Investment Income
$50,893
Other Revenue
$5,405
All Other Contributions
$6,063
Change in Net Assets
$36,568
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$74,764
Other Expenses$7,407
Total Fundraising Expense$125
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$74,764--$74,764
Fees for Services Accounting-$3,000-$3,000
Insurance-$2,580$50$2,630
Advertising-$1,024-$1,024
Office Expenses-$678$75$753
Total Functional Expenses$74,764$7,282$125$82,171
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grosse Ile Public SchoolsGrosse Ile, MIGovProvide Materials$74,764
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$41,844
Fundraising Direct Expenses$36,439
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hawaiian Bash$73,791$28,043$11,787$16,256
Oktoberfest$24,431$13,801$5,350$8,451
Total Events$98,222$41,844$36,439$5,405
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

Filer Name
Grosse Ile Educational
EIN
38-3235455
Phone
7346758968
Address
PO BOX 34, GROSSE ILE, MI 48138

Signing Officer

Name
Kurt Kobiljak
Title
President
Phone
7346758968
Signed
2016-07-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Kobiljak
Formed
1995
Legal Domicile
Mi
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
100

Preparer

Firm
Dale & Associates
Address
2907 WEST RD, TRENTON, MI 48183
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 suppport health, physical education, and fitness programs

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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0319844
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0354858
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0408618
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt029270
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt020944
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IRS990ScheduleA/InvestmentIncomePYPct00.09000
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IRS990ScheduleA/PublicSupportCY509Pct00.56320
IRS990ScheduleA/PublicSupportPY509Pct00.59770
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0139998
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0151389
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0187090
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0157295
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt07470
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-5923
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt024232
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02575
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt052573
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01850
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt038265
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0394064
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05861
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0360713
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-18537
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.79280
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 SUPPPORT HEALTH, PHYSICAL EDUCATION, AND FITNESS PROGRAMS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.20720
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt01856
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt01856
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt056378
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt045748
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt010630
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt036439
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0900
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01400
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HAWAIIAN BASH
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OKTOBERFEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05528
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt02605
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08133
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt073791

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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