Civic Intelligence

Grosse Ile Educational Foundation Inc.

990 • Fiscal year 2020 • EIN 38-3235455

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 24, 2021

PO Box 34Grosse Ile, MI 48138

(313) 378-9422

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

88th percentile

43%

Higher net margin than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

1.8%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,786,450

Up $247,215 (+16%) from 2019

Net Assets

Up

$1,786,450

Up $247,215 (+16%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$191,101

Up $3,452 (+1.8%) from 2019

Expenses

Down

$108,480

Down $2,078 (-1.9%) from 2019

Net Income

Up

$82,621

Up $5,530 (+7.2%) from 2019

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

2020

Assets$1,786,450
Liabilities$0
Net Assets$1,786,450

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

2020

Revenue$191,101
Expenses$108,480
Net Income$82,621
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 24, 2021
Return Version
2020v4.0
Gross Receipts
$471,062
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$1,362,600$1,684,727▲ $322,127
Cash and Non-Interest-Bearing Accounts$136,945$61,513▼ $75,432
Savings and Temporary Cash Investments$39,690$40,210▲ $520
Total Assets$1,539,235$1,786,450▲ $247,215
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$904,489$1,008,164▲ $103,675
Net Assets With Donor Restrictions$634,746$778,286▲ $143,540
Total Net Assets Fund Balance$1,539,235$1,786,450▲ $247,215
Total Liabilities and Net Assets / Fund Balance$1,539,235$1,786,450▲ $247,215

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$634,745$1,000▲ $143,441$-900$778,286
2019$525,591$500▲ $118,654$-10,000$634,745
2018$512,584$10,000▲ $7,751$-4,744$525,591
2017$420,767$1,100▲ $95,107$-4,390$512,584
2016$403,396$1,100▲ $21,271$-5,000$420,767
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kurt KobiljakPresident
Amy RossiDirector
Bill StevensonDirector
Casey HamlinDirector
Dennis RenoDirector
Duncan MurdochDirector
Heather RobinsonDirector
Katy HagamanDirector
Luisa DunlapDirector
Maggie WojtkowiakDirector
Michael GeorgesDirector
Paul ThrasherDirector
Sarah FordDirector
Sarah SzymaszekDirector
Trisha MansDirector
Joyce LeslieSecretary
Andrea StevensonTreasurer
John FormentinVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$38,934
Program Service Revenue
$0
Investment Income
$157,094
Other Revenue
$-4,927
All Other Contributions
$38,434
Change in Net Assets
$82,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$99,302
Other Expenses$9,178
Total Fundraising Expense$639
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$99,302--$99,302
Advertising-$2,637$557$3,194
Fees for Services Accounting-$3,100-$3,100
Insurance-$2,061-$2,061
Office Expenses-$741$82$823
Total Functional Expenses$99,302$8,539$639$108,480
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grosse Ile Public SchoolsGrosse Ile, MIGovProvide Materials$94,302
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,927
Professional Fundraising Fees$0
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 35% controlled entity
No
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
3133789422
Address
PO BOX 34, GROSSE ILE, MI 48138

Signing Officer

Name
Kurt Kobiljak
Title
President
Phone
3133789422
Signed
2021-06-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kurt Kobiljak
Formed
1995
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
75

Preparer

Firm
Dale & Associates Pllc
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/PrincipalOfficerNm0KURT KOBILJAK
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IRS990/PYTotalExpensesAmt0110558
IRS990/PYTotalRevenueAmt0187649
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IRS990/ReconcilationRevenueExpnssAmt082621
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt039690
IRS990/SavingsAndTempCashInvstGrp/EOYAmt040210
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt038934
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0107985
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt085377
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt051712
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt086958
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0370966
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033337
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt034172
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt032360
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt033378
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt029693
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0162940
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt035338
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt025897
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt018343
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt022112
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt032360
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt033378
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt029693
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0162940
IRS990ScheduleA/InvestmentIncomeCYPct00.26000
IRS990ScheduleA/InvestmentIncomePYPct00.23000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportPY509Pct00.76930
IRS990ScheduleA/PublicSupportTotal509Amt0472656
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt038934
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0143323
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0111274
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt070055
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0109070
IRS990ScheduleA/Total509Grp/TotalAmt0472656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt072271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0177495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0143634
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0103433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0138763
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0635596
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0778286
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0143441
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0-900
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0525591
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0634745
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0118654
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0-10000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0512584
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0525591
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07751
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0-4744
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01100
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0420767
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt021271
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0-5000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.41570
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/TermEndowmentBalanceEOYPct00.58430
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt094302
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PROVIDE MATERIALS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GROSSE ILE PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientEIN0386004168
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt023270 EAST RIVER RD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0GROSSE ILE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048138
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
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false

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