Civic Intelligence

Northville Educational Foundation

EIN 38-3503644 • 501(c)3 • Northville, MI

Profile

The mission of the Northville Educational Foundation is to attract, manage and distribute charitable gifts to provide educational opportunities that enhance Northville Public Schools commitment to excellence

405 West Main StreetNorthville, MI 48167

www.supportnef.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.05x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

19th percentile

-13%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$63,500

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 28.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

52nd percentile

4.3%

Faster asset growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

16th percentile

-18%

Faster revenue growth than 16% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Up

$1,059,399

Up $43,568 (+4.3%) from 2023

Liabilities

Down

$11,391

Down $29,953 (-72%) from 2023

Net Assets

Up

$1,048,008

Up $73,521 (+7.5%) from 2023

Operations
Liabilities / Revenue45th percentileNet Margin19th percentile

Revenue

Down

$221,279

Down $50,114 (-18%) from 2023

Expenses

Up

$249,718

Up $35,687 (+17%) from 2023

Net Income

Down

-$28,439

Down $85,801 (-150%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth52nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $320,864Liabilities 2010: $0Net Assets 2010: $320,8642010Assets 2011: $934,012Liabilities 2011: $0Net Assets 2011: $934,0122011Assets 2012: $1,854,906Liabilities 2012: $0Net Assets 2012: $1,854,9062012Assets 2013: $961,585Liabilities 2013: $0Net Assets 2013: $961,5852013Assets 2014: $745,469Liabilities 2014: $0Net Assets 2014: $745,4692014Assets 2015: $774,518Liabilities 2015: $0Net Assets 2015: $774,5182015Assets 2016: $817,630Liabilities 2016: $2,625Net Assets 2016: $815,0052016Assets 2017: $941,796Liabilities 2017: $3,292Net Assets 2017: $938,5042017Assets 2018: $1,010,205Liabilities 2018: $35,874Net Assets 2018: $974,3312018Assets 2019: $1,069,568Liabilities 2019: $104,750Net Assets 2019: $964,8182019Assets 2020: $1,063,820Liabilities 2020: $63,043Net Assets 2020: $1,000,7772020Assets 2021: $1,267,507Liabilities 2021: $401,571Net Assets 2021: $865,9362021Assets 2022: $1,014,230Liabilities 2022: $135,043Net Assets 2022: $879,1872022Assets 2023: $1,015,831Liabilities 2023: $41,344Net Assets 2023: $974,4872023Assets 2024: $1,059,399Liabilities 2024: $11,391Net Assets 2024: $1,048,0082024

Highlighted filing

2024

Assets$1,059,399
Liabilities$11,391
Net Assets$1,048,008
Open 2024 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2010: $273,440Expenses 2010: $33,577Net Income 2010: $239,8632010Expenses 2011: $348,1802011Expenses 2012: $281,8892012Revenue 2013: $402,721Expenses 2013: $1,303,156Net Income 2013: -$900,4352013Revenue 2014: $112,747Expenses 2014: $356,693Net Income 2014: -$243,9462014Revenue 2015: $390,372Expenses 2015: $339,959Net Income 2015: $50,4132015Revenue 2016: $255,831Expenses 2016: $209,610Net Income 2016: $46,2212016Revenue 2017: $301,700Expenses 2017: $191,509Net Income 2017: $110,1912017Revenue 2018: $203,406Expenses 2018: $182,717Net Income 2018: $20,6892018Revenue 2019: $218,896Expenses 2019: $237,973Net Income 2019: -$19,0772019Revenue 2020: $240,394Expenses 2020: $209,877Net Income 2020: $30,5172020Revenue 2021: $275,400Expenses 2021: $460,070Net Income 2021: -$184,6702021Revenue 2022: $324,645Expenses 2022: $274,558Net Income 2022: $50,0872022Revenue 2023: $271,393Expenses 2023: $214,031Net Income 2023: $57,3622023Revenue 2024: $221,279Expenses 2024: $249,718Net Income 2024: -$28,4392024

Highlighted filing

2024

Revenue$221,279
Expenses$249,718
Net Income-$28,439
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,059,399
Liabilities
$11,391
Net assets
$1,048,008
Revenue
$221,279
Expenses
$249,718
Net income
-$28,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.01$1.05$0.22$0.25$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.04$0.97$0.27$0.21$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.14$0.88$0.32$0.27$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.40$0.87$0.28$0.46$0.18
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.06$1.00$0.24$0.21$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.10$0.96$0.22$0.24$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.04$0.97$0.20$0.18$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.00$0.94$0.30$0.19$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.26$0.21$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.00$0.77$0.39$0.34$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.00$0.75$0.11$0.36$0.24
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.00$0.96$0.40$1.30$0.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.00$1.85$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.35
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$0.27$0.03$0.24
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 11, 2022
Return Version
2020v4.1
Gross Receipts
$341,293
Mission and Program Overview

Mission

The northville educational foundation fosters and enhances educational opportunities and academic excellence for all students by providing aspirational funding beyond the northville public school district's resources.

The northville educational foundation fosters and enhances educational opportunities and academic excellence for all students by providing aspirational funding beyond the northville public school district's resources. For further information regarding the specific programs and initiatives we have and currently fund, please go to www.supportnef.org.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$771,636$923,905▲ $152,269
Investments in Publicly Traded Securities$290,434$338,277▲ $47,843
Accounts Receivable$1,750$5,325▲ $3,575
Total Assets$1,063,820$1,267,507▲ $203,687
Liabilities
Accounts Payable and Accrued Expenses$5,082$358,355▲ $353,273
Deferred Revenue$45,845$31,100▼ $14,745
Unsecured Notes Loans Payable$12,116$12,116→ $0
Total Liabilities$63,043$401,571▲ $338,528
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$571,648$650,085▲ $78,437
Net Assets With Donor Restrictions$429,129$215,851▼ $213,278
Total Net Assets Fund Balance$1,000,777$865,936▼ $134,841
Total Liabilities and Net Assets / Fund Balance$1,063,820$1,267,507▲ $203,687

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$290,434-▲ $47,843-$338,277
2020$285,989-▲ $4,445-$290,434
2019$276,425-▲ $9,564-$285,989
2018$263,052-▲ $13,373-$276,425
2017$243,157-▲ $19,895-$263,052
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Christa HowleyExecutive DirectorFT$61,269$61,269

Board Members and Trustees

NameTitle
George FekarisPresident
Dan FerraraVice-president
Anthony SciaraDirector
Beth ReepmeyerDirector
Bryan ValentiniDirector
Dan LyczakDirector
Don PriceDirector
Eric BarrittDirector
Jodie RodenDirector
Scott FrushDirector
Stephanie SmithDirector
Zach PaquetteDirector
Martha MichalakSecretary
Jr MillsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$287,353
Program Service Revenue
$0
Investment Income
$6,332
Other Revenue
$-18,285
All Other Contributions
$200,587
Change in Net Assets
$-184,670

Audited Revenue Reconciliation

Revenue per Audited Statements
$273,414
Revenue Not Reported on Financial Statements
$1,986
Revenue Not Reported on Form 990
$60,235
Total Revenue per Audited Statements
$333,649
Total Revenue per Form 990
$275,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$346,700
Salaries, Compensation, and Employee Benefits$89,237
Total Fundraising Expense$45,190
Other Expenses$24,133
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$346,700--$346,700
Current Officers, Directors, Trustees, and Key Employees$20,491$8,782$29,273$58,546
Other Salaries and Wages$10,455$3,434$9,002$22,891
Fees for Services Accounting-$6,570-$6,570
Payroll Taxes$2,297$905$2,840$6,042
Office Expenses-$5,655-$5,655
Advertising-$3,303-$3,303
Other Expenses--$3,249$3,249
Fees for Services Other-$2,422-$2,422
Fees for Service Investment Mgmnt Fees-$1,986-$1,986
Other Employee Benefits$668$264$826$1,758
Information Technology-$948-$948
Total Functional Expenses$380,611$34,269$45,190$460,070

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$468,490
Total Expenses per Form 990$460,070
Expenses per Audited Statements$458,084
Expenses Not Reported on Form 990$10,406
Expenses Not Reported on Financial Statements$1,986
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northville Public SchoolsNorthville, MI501-c-3Program Support$346,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$65,893
Fundraising Gross Income$47,608
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing June 2021$65,025$26,675$4,697$21,978
Golf Outing Sept 2020$57,233$20,933$3,644$17,289
Total Events$122,258$47,608$65,893$-18,285
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Former DirectorInvestment FeesNo$1,986
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
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
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

“The form 990 is provided to the board for review and approval before it is filed.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to sign the organization's conflict of interest policy on an annual basis. Each individual is required to sign a conflict of interest form and update the foundation's board if there are any changes to employment or affiliations during the their terms in office. The executive board would determine/review any conflicts and, depending on the conflict, restrictions could range from being excluded from decision making when the conflict arises to resignation from the board.”

Form 990, Part VI, Section B, Line 15

“Used comparability data to determine compensation of foundation assistant.”

Form 990, Part VI, Section C, Line 19

“Available upon request & publicized on our website”

Filing and Contact Details

Filer

Filer Name
Northville Educational Foundation
EIN
38-3503644
Phone
2483448458
Address
405 WEST MAIN STREET, NORTHVILLE, MI 48167

Signing Officer

Name
George Fekaris
Title
President
Phone
2483448458
Signed
2022-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
George Fekaris
Formed
1999
Legal Domicile
Mi
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
55

Preparer

Firm
Gordon Advisors Pc
Address
1301 W LONG LAKE ROAD STE 200, TROY, MI 48098
Preparer
Kevin E Klein CPA
Phone
2489520200
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The foundation's endowment consists of funds designated by the board of directors to function as an endowment. Net assets associated with endowment funds, including funds designated by the board of directors to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. The foundation's board of directors has authorized three types of board-designated endowments: general endowment, designated endowment, and scholarship endowment. As of june 30, 2021, the board has designated funds toward general endowment only.”

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the irs or other applicable taxing authorities. Management has analyzed the tax positions taken by the foundation and has concluded that as of june 30, 2021, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.”

Raw XML AppendixShowing 400 of 524 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05082
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0358355
IRS990/AccountsReceivableGrp/BOYAmt01750
IRS990/AccountsReceivableGrp/EOYAmt05325
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE NORTHVILLE EDUCATIONAL FOUNDATION FOSTERS AND ENHANCES EDUCATIONAL OPPORTUNITIES AND ACADEMIC EXCELLENCE FOR ALL STUDENTS BY PROVIDING ASPIRATIONAL FUNDING BEYOND THE NORTHVILLE PUBLIC SCHOOL DISTRICT'S RESOURCES. FOR FURTHER INFORMATION REGARDING THE SPECIFIC PROGRAMS AND INITIATIVES WE HAVE AND CURRENTLY FUND, PLEASE GO TO WWW.SUPPORTNEF.ORG.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt03303
IRS990/AdvertisingGrp/TotalAmt03303
IRS990/AllOtherContributionsAmt0200587
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CHRISTA HOWLEY
IRS990/BooksInCareOfDetail/PhoneNum02483443503
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0405 WEST MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NORTHVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048167
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
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IRS990/ChangeToOrgDocumentsInd00
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IRS990/CollectionsOfArtInd00
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IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt08782
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IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt058546
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContriRptFundraisingEventAmt074650
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0287353
IRS990/CYGrantsAndSimilarPaidAmt0346700
IRS990/CYInvestmentIncomeAmt06332
IRS990/CYOtherExpensesAmt024133
IRS990/CYOtherRevenueAmt0-18285
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-184670
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IRS990/CYTotalExpensesAmt0460070
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IRS990/CYTotalProfFndrsngExpnsAmt00
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IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt045845
IRS990/DeferredRevenueGrp/EOYAmt031100
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SUPPORT TO NORTHVILLE PUBLIC SCHOOLS INCLUDING STUDENT FINANCIAL ASSISTANCE, STEAM INITIATIVES AND COOPERATIVES, ANNUAL COMMUNITY-WIDE STEAM FAIR, COMMUNITY PARENT CAMP, TEACHER TRAINING THROUGH THE GALILEO COHORT AND CURRICULUM AND CONSUMABLE COSTS AROUND PROJECT LEAD THE WAY CLASSES.
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IRS990/DonorRstrOrQuasiEndowmentsInd01
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IRS990/EmploymentTaxReturnsFiledInd01
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IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt01986
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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IRS990/Form990PartVIISectionAGrp/OfficerInd4X
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IRS990/Form990PartVIISectionAGrp/PersonNm1ERIC BARRITT
IRS990/Form990PartVIISectionAGrp/PersonNm2JR MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm3DAN FERRARA
IRS990/Form990PartVIISectionAGrp/PersonNm4SCOTT FRUSH
IRS990/Form990PartVIISectionAGrp/PersonNm5MARTHA MICHALAK
IRS990/Form990PartVIISectionAGrp/PersonNm6DAN LYCZAK
IRS990/Form990PartVIISectionAGrp/PersonNm7JODIE RODEN
IRS990/Form990PartVIISectionAGrp/PersonNm8BRYAN VALENTINI
IRS990/Form990PartVIISectionAGrp/PersonNm9ZACH PAQUETTE
IRS990/Form990PartVIISectionAGrp/PersonNm10DON PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm11BETH REEPMEYER
IRS990/Form990PartVIISectionAGrp/PersonNm12ANTHONY SCIARA
IRS990/Form990PartVIISectionAGrp/PersonNm13STEPHANIE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRISTA HOWLEY
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR
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IRS990/MissionDesc0THE NORTHVILLE EDUCATIONAL FOUNDATION FOSTERS AND ENHANCES EDUCATIONAL OPPORTUNITIES AND ACADEMIC EXCELLENCE FOR ALL STUDENTS BY PROVIDING ASPIRATIONAL FUNDING BEYOND THE NORTHVILLE PUBLIC SCHOOL DISTRICT'S RESOURCES.
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IRS990/NondeductibleContributionsInd00
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0FUNDRAISING CAMPAIGNS
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IRS990/PrincipalOfficerNm0GEORGE FEKARIS
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IRS990/ProgSrvcAccomActy2Grp/Desc0INNOVATIVE GRANTS ARE PROVIDED TO NORTHVILLE PUBLIC SCHOOLS TO SUPPORT PROJECTS SPONSORED BY TEACHERS WITH CREATIVE AND INNOVATIVE APPROACHES TO TEACHING AND TECHNOLOGY WHICH BENEFITS A VAST NUMBER OF STUDENTS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS AN ENDOWMENT. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION'S BOARD OF DIRECTORS HAS AUTHORIZED THREE TYPES OF BOARD-DESIGNATED ENDOWMENTS: GENERAL ENDOWMENT, DESIGNATED ENDOWMENT, AND SCHOLARSHIP ENDOWMENT. AS OF JUNE 30, 2021, THE BOARD HAS DESIGNATED FUNDS TOWARD GENERAL ENDOWMENT ONLY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt0275400
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING JUNE 2021
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt057233

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