Civic Intelligence

Anchor Bay Community Foundation

990 • Fiscal year 2020 • EIN 38-3255728

Jan 01, 2020 to Dec 31, 2020 • Filed on Jan 28, 2021

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

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

46th percentile

3.6%

Higher net margin than 46% of similar nonprofits.

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

Top Officer Pay

37th percentile

$900

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 1.2% of source-year revenue.

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

Asset Growth

63rd percentile

12%

Faster asset growth than 63% of similar nonprofits.

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

Revenue Growth

15th percentile

-31%

Faster revenue growth than 15% of similar nonprofits.

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

Assets

Up

$1,110,855

Up $121,291 (+12%) from 2019

Net Assets

Up

$1,110,855

Up $121,291 (+12%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$73,545

Down $33,255 (-31%) from 2019

Expenses

Down

$70,885

Down $6,741 (-8.7%) from 2019

Net Income

Down

$2,660

Down $26,514 (-91%) 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 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

2020

Assets$1,110,855
Liabilities$0
Net Assets$1,110,855

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

2020

Revenue$73,545
Expenses$70,885
Net Income$2,660
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jan 28, 2021
Return Version
2020v4.0
Gross Receipts
$73,545
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$892,369$1,029,378▲ $137,009
Cash and Non-Interest-Bearing Accounts$66,187$50,352▼ $15,835
Savings and Temporary Cash Investments$30,985$31,125▲ $140
Land, Buildings, and Equipment, Net$23--
Total Assets$989,564$1,110,855▲ $121,291
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$784,107$786,851▲ $2,744
Net Assets Without Donor Restrictions$205,457$324,004▲ $118,547
Total Net Assets Fund Balance$989,564$1,110,855▲ $121,291
Total Liabilities and Net Assets / Fund Balance$989,564$1,110,855▲ $121,291

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,810$1,810

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$824,506$46,067▲ $27,206$3,839$828,251
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
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lynne Hoover MusilliDirector$900$900

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$55,028
Program Service Revenue
$0
Investment Income
$18,517
Other Revenue
$0
All Other Contributions
$55,028
Change in Net Assets
$2,660
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$64,365
Other Expenses$5,620
Total Fundraising Expense$1,355
Salaries, Compensation, and Employee Benefits$900
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$52,740--$52,740
Grants to Domestic Orgs$11,625--$11,625
Office Expenses$395$759$884$2,038
Fees for Services Accounting-$1,887-$1,887
Current Officers, Directors, Trustees, and Key Employees-$900-$900
Insurance-$558-$558
Advertising--$465$465
Information Technology-$279-$279
Other Expenses-$40-$40
Depreciation Depletion$5$12$6$23
Total Functional Expenses$64,765$4,765$1,355$70,885
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
2021-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Woehler
Formed
1995
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
0

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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IRS990/PYOtherExpensesAmt013024
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt030985
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031125
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055028
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt086637
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt068991
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt036360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt052121
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0299137
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018517
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt018561
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020484
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018749
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012589
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt088900
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt022028
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59510
IRS990ScheduleA/PublicSupportPY170Pct00.57300
IRS990ScheduleA/PublicSupportTotal170Amt0230923
IRS990ScheduleA/SubstantialContributorsTotAmt068214
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055028
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt086637
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt068991
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt036360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt052121
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0299137
IRS990ScheduleA/TotalSupportAmt0388037
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/BoardDesignatedBalanceEOYPct00.05000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0824506
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt046067
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0828251
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt065689
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt027206
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt03839
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0769472
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt081448
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0824506
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt053400
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt031327
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt04191
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0692563
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt095662
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0769472
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt034000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020282
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt05035
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0661911
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt026209
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0692563
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt023555
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032219
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt04221
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt02846
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt029779
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020028
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IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01810
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01810
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.87470
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.07530
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt046900
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt13500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt22340
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1GRACE FUND
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2MAGIC WAND
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 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0989564
IRS990/TotalAssetsEOYAmt01110855
IRS990/TotalAssetsGrp/BOYAmt0989564
IRS990/TotalAssetsGrp/EOYAmt01110855
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt055028
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01355

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
2020Detailed filing. Detailed filing data is available for this year.$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