Civic Intelligence

Ray and Eleanor Cross Foundation

990 • Fiscal year 2016 • EIN 38-3416717

Jan 01, 2016 to Dec 31, 2016 • Filed on May 04, 2017

3207 N Wagner RoadAnn Arbor, MI 48103

(734) 395-8097

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

100th percentile

1692%

Higher net margin than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

17th percentile

-26%

Faster asset growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Assets

Down

$268,579

Down $93,106 (-26%) from 2015

Net Assets

Down

$268,579

Down $93,106 (-26%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

-$5,502

Up $83,684 (+94%) from 2015

Expenses

Down

$87,604

Down $7,491 (-7.9%) from 2015

Net Income

Up

-$93,106

Up $91,175 (+49%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $860,457Liabilities 2011: $44,525Net Assets 2011: $815,9322011Assets 2012: $934,502Liabilities 2012: $174,646Net Assets 2012: $759,8562012Assets 2013: $683,505Liabilities 2013: $0Net Assets 2013: $683,5052013Assets 2014: $545,966Liabilities 2014: $0Net Assets 2014: $545,9662014Assets 2015: $361,685Liabilities 2015: $0Net Assets 2015: $361,6852015Assets 2016: $268,579Liabilities 2016: $0Net Assets 2016: $268,5792016Assets 2017: $251,502Liabilities 2017: $0Net Assets 2017: $251,5022017Assets 2018: $292,437Liabilities 2018: $93,475Net Assets 2018: $198,9622018Assets 2019: $236,860Liabilities 2019: $44,424Net Assets 2019: $192,4362019Assets 2020: $176,775Liabilities 2020: $0Net Assets 2020: $176,7752020Assets 2021: $41,724Liabilities 2021: $0Net Assets 2021: $41,7242021Assets 2022: $41,329Liabilities 2022: $0Net Assets 2022: $41,3292022Assets 2023: $37,677Liabilities 2023: $0Net Assets 2023: $37,6772023Assets 2024: $18,519Liabilities 2024: $0Net Assets 2024: $18,5192024

Highlighted filing

2016

Assets$268,579
Liabilities$0
Net Assets$268,579

Operations Trend

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

$200K$0-$200K-$400KRevenue 2011: -$220,673Expenses 2011: $73,571Net Income 2011: -$294,2442011Expenses 2012: $83,7292012Revenue 2013: $8,472Expenses 2013: $84,823Net Income 2013: -$76,3512013Revenue 2014: -$46,974Expenses 2014: $90,565Net Income 2014: -$137,5392014Revenue 2015: -$89,186Expenses 2015: $95,095Net Income 2015: -$184,2812015Revenue 2016: -$5,502Expenses 2016: $87,604Net Income 2016: -$93,1062016Revenue 2017: $116,649Expenses 2017: $133,726Net Income 2017: -$17,0772017Revenue 2018: $111,825Expenses 2018: $164,365Net Income 2018: -$52,5402018Revenue 2019: $302Expenses 2019: $6,826Net Income 2019: -$6,5242019Revenue 2020: $98,204Expenses 2020: $113,865Net Income 2020: -$15,6612020Revenue 2021: -$30,531Expenses 2021: $104,520Net Income 2021: -$135,0512021Revenue 2022: $0Expenses 2022: $395Net Income 2022: -$3952022Revenue 2023: -$13,496Expenses 2023: $420Net Income 2023: -$13,9162023Revenue 2024: -$18,579Expenses 2024: $440Net Income 2024: -$19,0192024

Highlighted filing

2016

Revenue-$5,502
Expenses$87,604
Net Income-$93,106
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 4, 2017
Return Version
2016v3.0
Gross Receipts
$212,631
Mission and Program Overview

Mission

Provide funding support to 501(c)(3) organizations that serve the exempt purposes designated by the founders.

To operate as a section 509(a)(3) supporting organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Pd in Cap Srpls Land Bldg Eqp Fund$985,000$985,000→ $0
Investments Other Securities$200,000$200,000→ $0
Investments in Publicly Traded Securities$115,088$67,225▼ $47,863
Savings and Temporary Cash Investments$46,597$1,354▼ $45,243
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-623,315$-716,421▼ $93,106
Total Assets$361,685$268,579▼ $93,106
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$361,685$268,579▼ $93,106
Total Liabilities and Net Assets / Fund Balance$361,685$268,579▼ $93,106

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$200,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Harry L CrossPresident
Mary Steffek BlaskeDirector
Peter SchorkDirector
Sharon MacbrideSecretary
Bradley R CrossTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-5,502
Other Revenue
$0
Change in Net Assets
$-93,106
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$86,700
Other Expenses$904
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$86,700--$86,700
Fees for Services Accounting-$650-$650
Interest-$234-$234
Other Expenses$20--$20
Total Functional Expenses$86,720$884$0$87,604
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Kiwanis Club of Ann Arbor FoundationAnn Arbor, MI501(c)(3)To Assist by Providing Scholarships and Camperships for Underpriveleged Children$38,700
Ann Arbor Symphony OrchestraAnn Arbor, MI501(c)(3)TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE AS A COMMUNITY-BASED ORCHESTRA$24,000
St Andrews Episcopal ChurchAnn Arbor, MI501(c)(3)TO FURTHER THE CHURCH'S MISSION AS A RELIGIOUS ORGANIZATION$24,000
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
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, Part VI, Section A, Line 2

Two officers - harry cross (president) and bradley cross (treasurer) are brothers.

Form 990, Part VI, Section B, Line 11B

The governing body does not review form 990 before it is filed.

Form 990, Part VI, Section B, Line 15

Form 990, part vi, section b, line 15: no officers are compensated, and the organization does not have employees.

Form 990, Part VI, Section C, Line 19

Governing documents are not available to the general public, except to the extent that the state of michigan publishes the articles of incorporation of all domestic nonprofit corporations on its website.

Filing and Contact Details

Filer

Filer Name
Ray and Eleanor Cross Foundation
EIN
38-3416717
Phone
7343958097
Address
3207 N WAGNER ROAD, ANN ARBOR, MI 48103

Signing Officer

Name
Harry L Cross
Title
President
Phone
7343958097
Signed
2017-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harry L Cross
Formed
1998
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
IVERS RICKELMANN & PETERSEN CPA'S
Address
2929 PLYMOUTH RD SUITE 350, ANN ARBOR, MI 48105
Preparer
Mary Ivers CPA
Phone
7349947500
Raw XML Appendix359 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MethodOfAccountingCashInd0X
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THREE OF THE FIVE DIRECTORS OF THE RAY AND ELEANOR CROSS FOUNDATION ARE REPRESENTATIVES OF THE THREE SUPPORTED ORGANIZATIONS, ONE FROM EACH. THESE REPRESENTATIVES HAVE LONG-STANDING RELATIONSHIPS WITH THEIR ORGANIZATIONS, AND ALL HAVE SERVED THEIR ORGANIZATIONS IN VARIOUS ROLES. THIS PROVIDES THE SUPPORTING ORGANIZATION WITH MAJORITY SUPERVISION THAT REPRESENTS THE SUPPORTED ORGANIZATIONS.
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE AS A COMMUNITY-BASED ORCHESTRA
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO FURTHER THE CHURCH'S MISSION AS A RELIGIOUS ORGANIZATION
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO ASSIST BY PROVIDING SCHOLARSHIPS AND CAMPERSHIPS FOR UNDERPRIVELEGED CHILDREN
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ST ANDREWS EPISCOPAL CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2KIWANIS CLUB OF ANN ARBOR FOUNDATION
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1306 N DIVISION
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2200 S FIRST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ANN ARBOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ANN ARBOR
IRS990ScheduleI/RecipientTable/USAddress/CityNm2ANN ARBOR
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MEMBERS OF THE BOARD ARE ACTIVE IN THE ORGANIZATIONS RECEIVING GRANT FUNDS, AND THEREFORE MONITOR USE OF THE FUNDS DIRECTLY. THE BOARD AS A WHOLE RECEIVES FORMAL AND INFORMAL REPORTS ON THE USE OF THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO OFFICERS - HARRY CROSS (PRESIDENT) AND BRADLEY CROSS (TREASURER) ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY DOES NOT REVIEW FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990, PART VI, SECTION B, LINE 15: NO OFFICERS ARE COMPENSATED, AND THE ORGANIZATION DOES NOT HAVE EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE GENERAL PUBLIC, EXCEPT TO THE EXTENT THAT THE STATE OF MICHIGAN PUBLISHES THE ARTICLES OF INCORPORATION OF ALL DOMESTIC NONPROFIT CORPORATIONS ON ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0361685
IRS990/TotalAssetsEOYAmt0268579
IRS990/TotalAssetsGrp/BOYAmt0361685
IRS990/TotalAssetsGrp/EOYAmt0268579
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0884
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086720
IRS990/TotalFunctionalExpensesGrp/TotalAmt087604
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0361685
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0268579
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt086720
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-5502
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-5502
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0361685
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0268579
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03207 N WAGNER ROAD
IRS990/USAddress/CityNm0ANN ARBOR
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048103
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0HARRY L CROSS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07343958097
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RAY AND ELEANOR CROSS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RAYA
ReturnHeader/Filer/EIN0383416717
ReturnHeader/Filer/PhoneNum07343958097
ReturnHeader/Filer/USAddress/AddressLine1Txt03207 N WAGNER ROAD
ReturnHeader/Filer/USAddress/CityNm0ANN ARBOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048103
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId068EDC56757125391CFBA2B9CE317E4C5E892AC1D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId001F00F1CA77DFFD0F2E55834A84D472946C5A36C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0198.0.101.169
ReturnHeader/FilingSecurityInformation/IPDt02017-05-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm013:40:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0453630198
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0IVERS RICKELMANN & PETERSEN CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02929 PLYMOUTH RD SUITE 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANN ARBOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048105
ReturnHeader/PreparerPersonGrp/PhoneNum07349947500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARY IVERS CPA
ReturnHeader/ReturnTs02017-05-05T09:20:48-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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.$0.19$0.00$0.19$0.19$0.00$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$0.13$0.00$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.00$0.41$0.00$0.00$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$0.31$1.05$1.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.00$1.77$0.98$1.14$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.44$1.92$0.00$0.07$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.93$1.99$1.12$1.64$0.53
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.00$2.52$1.17$1.34$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.06$0.88$0.93
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$0.00$3.62$0.89$0.95$1.84
2014Detailed filing. Detailed filing data is available for this year.$5.46$0.00$5.46$0.47$0.91$1.38
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.84$0.00$6.84$0.08$0.85$0.76
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.35$1.75$7.60$0.84
2011Summary only. Only limited summary data is available for this year.$8.60$0.45$8.16$2.21$0.74$2.94