Civic Intelligence

Anchor Bay Community Foundation

990 • Fiscal year 2019 • EIN 38-3255728

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 05, 2020

PO Box 88New Baltimore, MI 48047

(586) 281-3275

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

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

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

82nd percentile

27%

Higher net margin than 82% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

51st percentile

$2,700

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

80th percentile

25%

Faster asset growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

63rd percentile

11%

Faster revenue growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$989,564

Up $196,387 (+25%) from 2018

Net Assets

Up

$989,564

Up $196,387 (+25%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$106,800

Up $11,000 (+11%) from 2018

Expenses

Up

$77,626

Up $12,775 (+20%) from 2018

Net Income

Down

$29,174

Down $1,775 (-5.7%) from 2018

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

2019

Assets$989,564
Liabilities$0
Net Assets$989,564

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

2019

Revenue$106,800
Expenses$77,626
Net Income$29,174
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 5, 2020
Return Version
2019v5.0
Gross Receipts
$106,800
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$707,036$892,369▲ $185,333
Cash and Non-Interest-Bearing Accounts$65,299$66,187▲ $888
Savings and Temporary Cash Investments$20,544$30,985▲ $10,441
Land, Buildings, and Equipment, Net$298$23▼ $275
Total Assets$793,177$989,564▲ $196,387
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$736,777$784,107▲ $47,330
Net Assets Without Donor Restrictions$56,400$205,457▲ $149,057
Total Net Assets Fund Balance$793,177$989,564▲ $196,387
Total Liabilities and Net Assets / Fund Balance$793,177$989,564▲ $196,387

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23$1,787$1,810

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$769,472$81,448▲ $31,327$4,191$824,506
2018$692,563$95,662▲ $20,282$5,035$769,472
2017$661,911$26,209▲ $32,219$4,221$692,563
2016$642,460$32,488▲ $20,028$440$661,911
2015$563,470$84,124▲ $11,800$524$642,460
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lynne Hoover MusilliDirector$2,700$2,700

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$86,637
Program Service Revenue
$0
Investment Income
$18,561
Other Revenue
$1,602
All Other Contributions
$86,637
Change in Net Assets
$29,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$61,902
Other Expenses$13,024
Total Fundraising Expense$6,234
Salaries, Compensation, and Employee Benefits$2,700
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$53,500--$53,500
Grants to Domestic Orgs$8,402--$8,402
Advertising--$5,041$5,041
Office Expenses$270$1,329$1,124$2,723
Current Officers, Directors, Trustees, and Key Employees-$2,700-$2,700
Fees for Services Accounting-$1,824-$1,824
Insurance-$558-$558
Depreciation Depletion$68$138$69$275
Information Technology-$265-$265
Other Expenses$1,491$63-$63
Total Functional Expenses$63,731$7,661$6,234$77,626
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,602
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 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
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 director vice chair son lois pierson eric pierson director director son

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
5862813275
Address
PO BOX 88, NEW BALTIMORE, MI 48047

Signing Officer

Name
Kevin Woehler
Title
Treasurer
Phone
5862813275
Signed
2020-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Woehler
Formed
1995
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
13

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/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011207
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt025169
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.57300
IRS990ScheduleA/PublicSupportPY170Pct00.58530
IRS990ScheduleA/PublicSupportTotal170Amt0218350
IRS990ScheduleA/SubstantialContributorsTotAmt081104
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IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt053400
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt031327
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt04191
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1MAC FUND GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2MAGIC WAND
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS VOLUNTEER THEIR TIME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS TO SENIOR CITIZENS IN NEED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STEVE WHITTLESEY THEODORE WHITTLESEY DIRECTOR VICE CHAIR SON LOIS PIERSON ERIC PIERSON DIRECTOR DIRECTOR SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PRESENTED TO FULL BOARD FOR COMMENT BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUAL REVIEW OF CONFLICY OF INTEREST STATEMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO 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 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
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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
2019Detailed filing. Detailed filing data is available for this year.$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