Civic Intelligence

Anchor Bay Community Foundation

990 • Fiscal year 2013 • EIN 38-3255728

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 21, 2014

PO Box 88New Baltimore, MI 48047

(586) 421-4694

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

91st percentile

50%

Higher net margin than 91% of similar nonprofits.

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

Top Officer Pay

49th percentile

$1,200

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

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

Asset Growth

74th percentile

14%

Faster asset growth than 74% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Revenue Growth

50th percentile

4.2%

Faster revenue growth than 50% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Assets

Up

$588,555

Up $137,792 (+31%) from 2011

Net Assets

Up

$588,555

Up $137,792 (+31%) from 2011

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$72,454

Up $5,665 (+8.5%) from 2011

Expenses

Down

$36,458

Down $4,388 (-11%) from 2011

Net Income

Up

$35,996

Up $10,053 (+39%) from 2011

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 2010: $439,927Net Assets 2010: $439,9272010Assets 2011: $450,763Net Assets 2011: $450,7632011Assets 2013: $588,555Liabilities 2013: $0Net Assets 2013: $588,5552013Assets 2014: $625,198Liabilities 2014: $0Net Assets 2014: $625,1982014Assets 2015: $669,974Liabilities 2015: $0Net Assets 2015: $669,9742015Assets 2016: $733,271Liabilities 2016: $1,000Net Assets 2016: $732,2712016Assets 2017: $842,158Liabilities 2017: $0Net Assets 2017: $842,1582017Assets 2018: $793,177Liabilities 2018: $0Net Assets 2018: $793,1772018Assets 2019: $989,564Liabilities 2019: $0Net Assets 2019: $989,5642019Assets 2020: $1,110,855Liabilities 2020: $0Net Assets 2020: $1,110,8552020Assets 2021: $1,361,547Liabilities 2021: $0Net Assets 2021: $1,361,5472021Assets 2022: $1,912,847Liabilities 2022: $0Net Assets 2022: $1,912,8472022Assets 2023: $2,151,558Liabilities 2023: $0Net Assets 2023: $2,151,5582023

Highlighted filing

2013

Assets$588,555
Liabilities$0
Net Assets$588,555

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $102,377Expenses 2010: $38,268Net Income 2010: $64,1092010Revenue 2011: $66,789Expenses 2011: $40,846Net Income 2011: $25,9432011Revenue 2013: $72,454Expenses 2013: $36,458Net Income 2013: $35,9962013Revenue 2014: $64,458Expenses 2014: $42,205Net Income 2014: $22,2532014Revenue 2015: $102,230Expenses 2015: $40,307Net Income 2015: $61,9232015Revenue 2016: $66,272Expenses 2016: $49,250Net Income 2016: $17,0222016Revenue 2017: $56,588Expenses 2017: $47,024Net Income 2017: $9,5642017Revenue 2018: $95,800Expenses 2018: $64,851Net Income 2018: $30,9492018Revenue 2019: $106,800Expenses 2019: $77,626Net Income 2019: $29,1742019Revenue 2020: $73,545Expenses 2020: $70,885Net Income 2020: $2,6602020Revenue 2021: $135,909Expenses 2021: $59,912Net Income 2021: $75,9972021Revenue 2022: $894,876Expenses 2022: $74,430Net Income 2022: $820,4462022Revenue 2023: $78,887Expenses 2023: $102,786Net Income 2023: -$23,8992023

Highlighted filing

2013

Revenue$72,454
Expenses$36,458
Net Income$35,996
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 21, 2014
Return Version
2013v3.1
Gross Receipts
$188,806
Mission and Program Overview

Mission

The foundation serves as the heart of anchor bay by providing a bridge to the community through art, music, social, cultural and educational opportunities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$446,520$500,591▲ $54,071
Savings and Temporary Cash Investments$18,529$59,227▲ $40,698
Cash and Non-Interest-Bearing Accounts$14,119$24,025▲ $9,906
Land, Buildings, and Equipment, Net$6,202$4,712▼ $1,490
Total Assets$485,370$588,555▲ $103,185
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$520,506$529,906▲ $9,400
Unrestricted Net Assets$-52,376$32,943▲ $85,319
Temporarily Rstr Net Assets$17,240$25,706▲ $8,466
Total Net Assets Fund Balance$485,370$588,555▲ $103,185
Total Liabilities and Net Assets / Fund Balance$485,370$588,555▲ $103,185

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,712$11,047$15,759

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$537,746$19,857▲ $16,259$785$555,611
2012$528,718$13,556▲ $20,897$3,072$537,746
2011$500,736$28,282▲ $12,650$300$528,718
2010$475,645$31,767▲ $12,823$6,176$500,736
2009$439,108$37,037▲ $10,695-$475,645
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Lynne Hoover MusilliDirectorPT$1,200$1,200

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$36,297
Program Service Revenue
$0
Investment Income
$31,991
Other Revenue
$4,166
All Other Contributions
$36,297
Change in Net Assets
$35,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$21,275
Other Expenses$15,183
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$16,900--$16,900
Office Expenses-$8,170-$8,170
Grants to Domestic Orgs$4,375--$4,375
Depreciation Depletion-$1,490-$1,490
Fees for Services Accounting-$1,200-$1,200
Fees for Services Management-$1,200-$1,200
Fees for Services Other$785--$785
Insurance-$743-$743
Other Expenses-$105-$105
Total Functional Expenses$22,060$14,398$0$36,458
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$6,505
Fundraising Direct Expenses$2,839
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
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 2

Steve whittlesey theodore whittlesey treasurer director son steve whittlesey richard miiller treasurer director son-in-law

Form 990, Page 6, Part VI, Line 11B

Form 990 is presented to full board for comment before filing

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

EIN
38-3255728
Phone
5864214694

Signing Officer

Name
Steven B Whittlesey
Title
Treasurer
Phone
5864214694
Signed
2014-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leonard Woodside
Formed
1995
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Preparer
Richard L Miiller
Phone
5863729300
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board members volunteer their time

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Temporary use restriction - scholarships 7,345 temporary use restriction - library 1,452 temporary use restriction - seniors 5,000 temporary use restriction - wellness 9,331 temporary use restriction - kidprint child id 2,577 total temporary restrictions 25,705 permanent restrictions - scholarships 322,064 permanent restriction - library 20,596 permanent restriction - wellness 27,678 permanent restriction - general foundation 159,568 total permanent restrictions 529,906 total endowment funds 555,611

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08970
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08564
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06535
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt054404
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt053588
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt077836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037037
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0225749
IRS990ScheduleA/TotalSupportAmt0271254
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt019857
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0555611
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt015350
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt016259
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0785
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt03353
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt013556
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt03072
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt01650
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0500736
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt028282
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0528718
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt011000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012650
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt01673
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt031767
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt06176
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IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt04712
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011047
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015759
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.95370
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TEMPORARY USE RESTRICTION - SCHOLARSHIPS 7,345 TEMPORARY USE RESTRICTION - LIBRARY 1,452 TEMPORARY USE RESTRICTION - SENIORS 5,000 TEMPORARY USE RESTRICTION - WELLNESS 9,331 TEMPORARY USE RESTRICTION - KIDPRINT CHILD ID 2,577 TOTAL TEMPORARY RESTRICTIONS 25,705 PERMANENT RESTRICTIONS - SCHOLARSHIPS 322,064 PERMANENT RESTRICTION - LIBRARY 20,596 PERMANENT RESTRICTION - WELLNESS 27,678 PERMANENT RESTRICTION - GENERAL FOUNDATION 159,568 TOTAL PERMANENT RESTRICTIONS 529,906 TOTAL ENDOWMENT FUNDS 555,611
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt11000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt21100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1MAC FUND GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ARTS AND MUSIC GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt015
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt14
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt23
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS VOLUNTEER THEIR TIME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1STEVE WHITTLESEY THEODORE WHITTLESEY TREASURER DIRECTOR SON STEVE WHITTLESEY RICHARD MIILLER TREASURER DIRECTOR SON-IN-LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS PRESENTED TO FULL BOARD FOR COMMENT BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025706
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IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt036297
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014398
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt022060
IRS990/TotalFunctionalExpensesGrp/TotalAmt036458
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0588555
IRS990/TotalProgramServiceExpensesAmt022060
IRS990/TotalReportableCompFromOrgAmt01200
IRS990/TotalRevenueGrp/ExclusionAmt010246
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022245
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt072454
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0485370
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0588555
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-52376
IRS990/UnrestrictedNetAssetsGrp/EOYAmt032943

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.00$2.15$0.08$0.10$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.00$1.91$0.89$0.07$0.82
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.36$0.00$1.36$0.14$0.06$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.11$0.07$0.07$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.00$0.99$0.11$0.08$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.10$0.06$0.03
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.84$0.00$0.84$0.06$0.05$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.00$0.73$0.07$0.05$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$0.10$0.04$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.06$0.04$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.07$0.04$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.45$0.07$0.04$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.44$0.10$0.04$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $500k-$1M nonprofits