Civic Intelligence

Bear Hug Foundation Inc.

990EZ • Fiscal year 2023 • EIN 38-3501554

Oct 01, 2022 to Sep 30, 2023 • Filed on Dec 18, 2023

139 West Maple Ste FBirmingham, MI 48009

(248) 594-7000

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.16x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

88th percentile

0.22x

Higher debt load relative to revenue than 88% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

34th percentile

-4.4%

Higher net margin than 34% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

41st percentile

-3.1%

Faster asset growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

29th percentile

-15%

Faster revenue growth than 29% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$101,941

Down $3,252 (-3.1%) from 2022

Net Assets

Down

$85,441

Down $3,252 (-3.7%) from 2022

Liabilities

Flat

$16,500

Flat from 2022

Revenue

Down

$74,296

Down $13,214 (-15%) from 2022

Expenses

Up

$77,548

Up $6,179 (+8.7%) from 2022

Net Income

Down

-$3,252

Down $19,393 (-120%) from 2022

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0-$50KAssets 2011: $65,920Liabilities 2011: $31,885Net Assets 2011: $34,0352011Assets 2012: $59,776Liabilities 2012: -$90Net Assets 2012: $59,8662012Assets 2013: $70,716Liabilities 2013: -$90Net Assets 2013: $70,8062013Assets 2014: $93,658Liabilities 2014: -$90Net Assets 2014: $93,7482014Assets 2015: $121,430Liabilities 2015: $4,910Net Assets 2015: $116,5202015Assets 2016: $101,011Liabilities 2016: $4,910Net Assets 2016: $96,1012016Assets 2017: $105,432Liabilities 2017: $1,783Net Assets 2017: $103,6492017Assets 2018: $109,110Liabilities 2018: $0Net Assets 2018: $109,1102018Assets 2019: $101,613Liabilities 2019: $0Net Assets 2019: $101,6132019Assets 2020: $82,699Liabilities 2020: $16,500Net Assets 2020: $66,1992020Assets 2021: $89,052Liabilities 2021: $16,500Net Assets 2021: $72,5522021Assets 2022: $105,193Liabilities 2022: $16,500Net Assets 2022: $88,6932022Assets 2023: $101,941Liabilities 2023: $16,500Net Assets 2023: $85,4412023Assets 2024: $85,222Liabilities 2024: $16,500Net Assets 2024: $68,7222024Assets 2025: $96,846Liabilities 2025: $16,500Net Assets 2025: $80,3462025

Highlighted filing

2023

Assets$101,941
Liabilities$16,500
Net Assets$85,441

Operations Trend

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

$200K$150K$100K$50K$0-$50KExpenses 2011: $138,0602011Expenses 2012: $146,8582012Revenue 2013: $145,610Expenses 2013: $134,671Net Income 2013: $10,9392013Revenue 2014: $158,275Expenses 2014: $135,333Net Income 2014: $22,9422014Revenue 2015: $159,601Expenses 2015: $136,829Net Income 2015: $22,7722015Revenue 2016: $137,776Expenses 2016: $158,195Net Income 2016: -$20,4192016Revenue 2017: $149,093Expenses 2017: $141,545Net Income 2017: $7,5482017Revenue 2018: $153,486Expenses 2018: $148,025Net Income 2018: $5,4612018Revenue 2019: $152,510Expenses 2019: $160,007Net Income 2019: -$7,4972019Revenue 2020: $16,964Expenses 2020: $52,378Net Income 2020: -$35,4142020Revenue 2021: $19,566Expenses 2021: $13,213Net Income 2021: $6,3532021Revenue 2022: $87,510Expenses 2022: $71,369Net Income 2022: $16,1412022Revenue 2023: $74,296Expenses 2023: $77,548Net Income 2023: -$3,2522023Revenue 2024: $94,793Expenses 2024: $111,512Net Income 2024: -$16,7192024Revenue 2025: $52,695Expenses 2025: $41,071Net Income 2025: $11,6242025

Highlighted filing

2023

Revenue$74,296
Expenses$77,548
Net Income-$3,252
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Dec 18, 2023
Return Version
2022v5.0
Gross Receipts
$74,296
Mission and Program Overview

Mission

The mission is to provide self-esteem and skill-building programming for children through the summer camping experience. Everything that bear hug does works to compliment the efforts made by its partner organizations in developing the whole child. The utilmate goal of bear hug is to encourage positive growth in children and adolescents.

The mission is to provide a supportive summer camp experience to at-risk and under-served children, by partnering with community organizations and delivering a unique outdoor opportunity. Our broad range of programming and camp activities help foster personal growth and strengthen self-image, while building and developing positive friendship skills and meaningful relationships.

Program Services

DescriptionGrantsExpenses
PROGRAMS TO PROVIDE UNDERPRIVILEDGED AND AT-RISK YOUTH AN OPPORTUNITY TO ATTEND A RESIDENTIAL SUMMER YOUTH CAMP FOR SEVERAL DAYS.$0$71,140
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID CHERNOWDirector-$0--
ERIC CLARKDirector-$0--
JESSE FENTONDirector-$0--
LAUREN P KATKOWSKYDirector-$0--
BETSY KELLMANDirector-$0--
SAMANTHA FRIEDMANDirector-$0--
JULIE MARXDirector-$0--
CARRIE KOVANDirector-$0--
RACHEL SCHOSTAKDirector-$0--
JODI TRIVAXDirector-$0--
MATT USHERDirector-$0--
TODD WAGENBERGDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Bear-hug Foundation Inc
EIN
38-3501554
Phone
2485947000
Address
139 WEST MAPLE STE F, BIRMINGHAM, MI 48009

Signing Officer

Name
Mark Coden
Title
Secretary/treasurer
Phone
2482589150
Signed
2023-12-18
Discuss with paid preparer
Yes

Preparer

Firm
Wipfli Llp
Address
2000 TOWN CENTER SUITE 1800, SOUTHFIELD, MI 48075
Preparer
Margaret P Amsden
Phone
2482088860
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 628.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: insurance. Amount: 1,223. Description: marketing supplies. Amount: 144. Description: bank charges. Amount: 226. Description: direct costs. Amount: 71,140. Total to form 990-ez, line 16: 72,733.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts payable credit. Beg. Of year amount: 90. End of year amount: 90.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: deferred income. Beg. Of year amount: 16,500. End of year amount: 16,500.

Raw XML Appendix234 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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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION IS TO PROVIDE A SUPPORTIVE SUMMER CAMP EXPERIENCE TO AT-RISK AND UNDER-SERVED CHILDREN, BY PARTNERING WITH COMMUNITY ORGANIZATIONS AND DELIVERING A UNIQUE OUTDOOR OPPORTUNITY. OUR BROAD RANGE OF PROGRAMMING AND CAMP ACTIVITIES HELP FOSTER PERSONAL GROWTH AND STRENGTHEN SELF-IMAGE, WHILE BUILDING AND DEVELOPING POSITIVE FRIENDSHIP SKILLS AND MEANINGFUL RELATIONSHIPS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 628.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INSURANCE. AMOUNT: 1,223. DESCRIPTION: MARKETING SUPPLIES. AMOUNT: 144. DESCRIPTION: BANK CHARGES. AMOUNT: 226. DESCRIPTION: DIRECT COSTS. AMOUNT: 71,140. TOTAL TO FORM 990-EZ, LINE 16: 72,733.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE CREDIT. BEG. OF YEAR AMOUNT: 90. END OF YEAR AMOUNT: 90.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DEFERRED INCOME. BEG. OF YEAR AMOUNT: 16,500. END OF YEAR AMOUNT: 16,500.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MARK CODEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02482589150
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-12-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BEAR-HUG FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0BEAR
ReturnHeader/Filer/EIN0383501554
ReturnHeader/Filer/PhoneNum02485947000
ReturnHeader/Filer/USAddress/AddressLine1Txt0139 WEST MAPLE STE F
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-12-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARGARET P AMSDEN
ReturnHeader/ReturnTs02023-12-19T13:08:24-06:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.97$0.17$0.80$0.53$0.41$0.12
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.17$0.69$0.95$1.12$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.02$0.17$0.85$0.74$0.78$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.17$0.89$0.88$0.71$0.16
2021Detailed filing. Detailed filing data is available for this year.$0.89$0.17$0.73$0.20$0.13$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.83$0.17$0.66$0.17$0.52$0.35
2019Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$1.53$1.60$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$1.53$1.48$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.05$0.02$1.04$1.49$1.42$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.01$0.05$0.96$1.38$1.58$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.21$0.05$1.17$1.60$1.37$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$1.58$1.35$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$1.46$1.35$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.00$0.60$1.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.32$0.34$1.38