Civic Intelligence

Anchor Bay Community Foundation

990 • Fiscal year 2015 • EIN 38-3255728

Jan 01, 2015 to Dec 31, 2015 • Filed on Jan 11, 2016

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

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$1,655

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

65th percentile

7.2%

Faster asset growth than 65% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

59%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$669,974

Up $44,776 (+7.2%) from 2014

Net Assets

Up

$669,974

Up $44,776 (+7.2%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$102,230

Up $37,772 (+59%) from 2014

Expenses

Down

$40,307

Down $1,898 (-4.5%) from 2014

Net Income

Up

$61,923

Up $39,670 (+178%) 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 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

2015

Assets$669,974
Liabilities$0
Net Assets$669,974

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

2015

Revenue$102,230
Expenses$40,307
Net Income$61,923
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jan 11, 2016
Return Version
2015v2.1
Gross Receipts
$103,493
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$536,141$590,112▲ $53,971
Savings and Temporary Cash Investments$59,292$59,381▲ $89
Cash and Non-Interest-Bearing Accounts$26,361$17,129▼ $9,232
Land, Buildings, and Equipment, Net$3,404$3,352▼ $52
Total Assets$625,198$669,974▲ $44,776
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$534,956$602,585▲ $67,629
Temporarily Rstr Net Assets$28,514$39,875▲ $11,361
Unrestricted Net Assets$61,728$27,514▼ $34,214
Total Net Assets Fund Balance$625,198$669,974▲ $44,776
Total Liabilities and Net Assets / Fund Balance$625,198$669,974▲ $44,776

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,352$12,414$15,766

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$563,470$84,124▲ $11,800$524$642,460
2014$555,611$20,573▲ $16,458$4,035$563,470
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
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lynne Hoover MusilliDirector$1,655$1,655

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$89,145
Program Service Revenue
$0
Investment Income
$11,207
Other Revenue
$1,878
All Other Contributions
$89,145
Change in Net Assets
$61,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,800
Other Expenses$15,507
Total Fundraising Expense$3,016
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$16,800--$16,800
Grants to Domestic Orgs$8,000--$8,000
Office Expenses-$394$2,318$2,712
Fees for Services Management-$1,655-$1,655
Depreciation Depletion$1,427--$1,427
Fees for Services Accounting-$1,297-$1,297
Advertising-$1,221-$1,221
Insurance-$743-$743
Other Expenses$4,300$578$698$578
Total Functional Expenses$30,527$6,764$3,016$40,307
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,141
Fundraising Direct Expenses$1,263
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
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
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 4

Updated articles of incorporation

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 12C

Annual review of conflicy of interest statements

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Anchor Bay Community Foundation
EIN
38-3255728
Phone
5864214694
Address
PO BOX 88, NEW BALTIMORE, MI 48047

Signing Officer

Name
Kevin Woehler
Title
Treasurer
Phone
5867252291
Signed
2016-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leonard Woodside
Formed
1995
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Miiller CPA Pc
Address
PO BOX 934, NEW BALTIMORE, MI 48047-0934
Preparer
Richard L Miiller
Phone
5863729300
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board members volunteer their time

Form 990, Page 2, Part III, Line 4D

Grants to senior citizens in need

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt036923
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt036297
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt053588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0203144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011207
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt011168
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010246
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08970
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt052781
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt044429
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59190
IRS990ScheduleA/PublicSupportPY170Pct00.58950
IRS990ScheduleA/PublicSupportTotal170Amt0151470
IRS990ScheduleA/SubstantialContributorsTotAmt051674
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt036923
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt036297
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt053588
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0203144
IRS990ScheduleA/TotalSupportAmt0255925
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0563470
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt084124
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0642460
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt016410
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt011800
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0524
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt04030
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0555611
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt020573
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0563470
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt021107
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016458
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt04035
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt02116
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0537746
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt019857
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0555611
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt015350
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt016259
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0785
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt03353
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0528718
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt013556
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0537746
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt019000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020897
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt03072
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt01650
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt028282
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0528718
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012650
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0300
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt03352
IRS990ScheduleD/EquipmentGrp/DepreciationAmt012414
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt015766
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.93790
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.06210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03352
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt11000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt3300
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1MAC FUND GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2ARTS AND MUSIC GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3EDUCATIONAL GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt012
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS VOLUNTEER THEIR TIME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS TO SENIOR CITIZENS IN NEED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STEVE WHITTLESEY THEODORE WHITTLESEY TREASURER DIRECTOR SON STEVE WHITTLESEY RICHARD MIILLER TREASURER DIRECTOR SON-IN-LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPDATED ARTICLES OF INCORPORATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS PRESENTED TO FULL BOARD FOR COMMENT BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ANNUAL REVIEW OF CONFLICY OF INTEREST STATEMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt028514
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt039875
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0625198
IRS990/TotalAssetsEOYAmt0669974
IRS990/TotalAssetsGrp/BOYAmt0625198
IRS990/TotalAssetsGrp/EOYAmt0669974
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt089145
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03016
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06764
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt030527
IRS990/TotalFunctionalExpensesGrp/TotalAmt040307
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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