Civic Intelligence

Dearborn Community Fund

990 • Fiscal year 2016 • EIN 38-3507205

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

Refreshing map…

15801 Michigan AvenueDearborn, MI 48126-2904

(313) 943-5478

Siviq Scores

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

Liabilities / Assets

84th percentile

0.27x

Higher debt load relative to assets than 84% of similar nonprofits.

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

Liabilities / Revenue

97th percentile

1.85x

Higher debt load relative to revenue than 97% of similar nonprofits.

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

Net Margin

5th percentile

-100%

Higher net margin than 5% of similar nonprofits.

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

Top Officer Pay

87th percentile

$32,813

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 57.4% of source-year revenue.

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

Asset Growth

34th percentile

-6.2%

Faster asset growth than 34% of similar nonprofits.

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

Revenue Growth

41st percentile

-5.1%

Faster revenue growth than 41% of similar nonprofits.

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

Assets

Down

$398,480

Down $26,387 (-6.2%) from 2015

Net Assets

Down

$292,626

Down $52,886 (-15%) from 2015

Liabilities

Up

$105,854

Up $26,499 (+33%) from 2015

Revenue

Down

$57,130

Down $3,086 (-5.1%) from 2015

Expenses

Up

$114,501

Up $26,799 (+31%) from 2015

Net Income

Down

-$57,371

Down $29,885 (-109%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $549,284Liabilities 2011: $1,714Net Assets 2011: $547,5702011Assets 2012: $593,877Liabilities 2012: $97,391Net Assets 2012: $496,4862012Assets 2013: $468,141Liabilities 2013: $34,540Net Assets 2013: $433,6012013Assets 2014: $465,993Liabilities 2014: $85,670Net Assets 2014: $380,3232014Assets 2015: $424,867Liabilities 2015: $79,355Net Assets 2015: $345,5122015Assets 2016: $398,480Liabilities 2016: $105,854Net Assets 2016: $292,6262016Assets 2017: $426,769Liabilities 2017: $110,438Net Assets 2017: $316,3312017Assets 2018: $416,673Liabilities 2018: $99,633Net Assets 2018: $317,0402018Assets 2019: $393,292Liabilities 2019: $58,690Net Assets 2019: $334,6022019Assets 2020: $389,675Liabilities 2020: $54,013Net Assets 2020: $335,6622020Assets 2021: $401,671Liabilities 2021: $54,708Net Assets 2021: $346,9632021Assets 2022: $381,427Liabilities 2022: $38,045Net Assets 2022: $343,3822022Assets 2023: $390,009Liabilities 2023: $35,194Net Assets 2023: $354,8152023Assets 2024: $403,770Liabilities 2024: $17,909Net Assets 2024: $385,8612024

Highlighted filing

2016

Assets$398,480
Liabilities$105,854
Net Assets$292,626

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $417,122Expenses 2011: $450,420Net Income 2011: -$33,2982011Revenue 2012: $100,905Expenses 2012: $151,989Net Income 2012: -$51,0842012Revenue 2013: $69,595Expenses 2013: $134,072Net Income 2013: -$64,4772013Revenue 2014: $78,226Expenses 2014: $128,790Net Income 2014: -$50,5642014Revenue 2015: $60,216Expenses 2015: $87,702Net Income 2015: -$27,4862015Revenue 2016: $57,130Expenses 2016: $114,501Net Income 2016: -$57,3712016Revenue 2017: $67,533Expenses 2017: $54,417Net Income 2017: $13,1162017Revenue 2018: $80,763Expenses 2018: $68,951Net Income 2018: $11,8122018Revenue 2019: $52,325Expenses 2019: $51,266Net Income 2019: $1,0592019Revenue 2020: $13,448Expenses 2020: $23,640Net Income 2020: -$10,1922020Revenue 2021: $60,947Expenses 2021: $53,392Net Income 2021: $7,5552021Revenue 2022: $114,006Expenses 2022: $96,263Net Income 2022: $17,7432022Revenue 2023: $93,806Expenses 2023: $95,421Net Income 2023: -$1,6152023Revenue 2024: $126,397Expenses 2024: $103,355Net Income 2024: $23,0422024

Highlighted filing

2016

Revenue$57,130
Expenses$114,501
Net Income-$57,371
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$57,280
Mission and Program Overview

Mission

Provides and promotes financial and volunteer resources that directly impact the city of dearborn, mi community.

The Dearborn Community Fund provides and promotes financial and volunteer resources that directly impact the City of Dearborn, MI community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$150,900$150,900→ $0
Investments in Publicly Traded Securities$97,814$105,470▲ $7,656
Savings and Temporary Cash Investments$82,669$35,865▼ $46,804
Accounts Receivable$13,517$0▼ $13,517
Cash and Non-Interest-Bearing Accounts$612$391▼ $221
Total Assets$424,867$398,480▼ $26,387
Other Assets Total$79,355$105,854▲ $26,499
Liabilities
Escrow Account Liability$79,355$105,854▲ $26,499
Total Liabilities$79,355$105,854▲ $26,499
Net Assets / Fund Balance
Unrestricted Net Assets$318,089$272,703▼ $45,386
Temporarily Rstr Net Assets$27,423$19,923▼ $7,500
Total Net Assets Fund Balance$345,512$292,626▼ $52,886
Total Liabilities and Net Assets / Fund Balance$424,867$398,480▼ $26,387

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$150,900$5,005$155,905
Other Assets Org$105,854--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Emmajean WoodyardExecutive DirectorFT$32,813$32,813

Board Members and Trustees

NameTitle
Susan RowePresident
James JerniganDirector
Roxanne McdonaldDirector
Said DeepDirector
brian millerDirector
chris nordindirector
denise mcdonaldDirector
jeff stassendirECTOR
Johanna SeidelSecretary
Michael BewickTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,381
Program Service Revenue
$15,250
Investment Income
$2,517
Other Revenue
$982
All Other Contributions
$26,581
Change in Net Assets
$-57,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$56,003
Salaries, Compensation, and Employee Benefits$43,498
Grants and Similar Amounts Paid$15,000
Total Fundraising Expense$11,751
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$6,563$22,969$3,281$32,813
Grants to Domestic Orgs$15,000--$15,000
Other Salaries and Wages$1,424-$5,696$7,120
Fees for Services Accounting-$5,563-$5,563
Payroll Taxes$713$2,068$784$3,565
Insurance-$3,104-$3,104
Office Expenses-$1,890-$1,890
Other Expenses$525-$1,870$525
All Other Expenses--$120$120
Total Functional Expenses$67,156$35,594$11,751$114,501
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of DearbornDearborn, MI-Ford Theatre Support$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,132
Fundraising Direct Expenses$150
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
Yes
Audit committee
Yes
Backup withholding compliance
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
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 B, line 11B

Form 990 is provided to board of directors to review for approval prior to issuance.

Form 990, Part VI, Section C, line 19

Available upon request

Filing and Contact Details

Filer

Filer Name
Dearborn Community Fund
EIN
38-3507205
Phone
3139435478
Address
15801 MICHIGAN AVENUE, DEARBORN, MI 48126-2904

Signing Officer

Name
Susan Rowe
Title
Chairman
Phone
3139435478
Signed
2017-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Rowe
Formed
2000
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
25

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 III, Line 4:

The Organization has 2 sculptures which are on display at the Ford Community & Performing Arts Center in Dearborn.

Part IV, Line 1B:

The Organization acts as an agent for the Dearborn Homecoming festival, the Dearborn Holiday Choral Fest, the Martian Marathon, Van Dorp Memorial and Youth Affairs.

Part IV, Line 2B:

Funds are held by the Organization to be used for expenses for the next annual Homecoming festival held in August and Holiday Choral Fest held in December each year.

Part X, Line 2:

Income Tax Uncertainties - Management evaluates, at least annually, whether any tax positions reported on tax returns are more likely than not to be sustained if challenged. Management believes no such positions exist that would have significant impact on the Organization's financial position and results of operations. As of December 31, 2016, no liability for uncertain tax benefits was recorded.

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IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt082669
IRS990/SavingsAndTempCashInvstGrp/EOYAmt035865
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt038381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt038743
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt060764
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt085279
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0291309
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02517
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01700
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04913
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0772
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01054
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010956
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt041352
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.43770
IRS990ScheduleA/PublicSupportPY170Pct00.61030
IRS990ScheduleA/PublicSupportTotal170Amt0132289
IRS990ScheduleA/SubstantialContributorsTotAmt0159020
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt038381
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt038743
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt060764
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt085279
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0291309
IRS990ScheduleA/TotalSupportAmt0302265
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/ScheduleBRequiredInd01
IRS990ScheduleD/AdditionsDuringYearAmt0227069
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/ArtPublicExhibitionAmountsGrp/AssetsIncludedAmt0150900
IRS990ScheduleD/BeginningBalanceAmt079355
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/DistributionsDuringYearAmt0200570
IRS990ScheduleD/EndingBalanceAmt0105854
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0105854
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH HELD AS AGENT-RESTRICTED FUNDS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0150900
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05005
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0155905
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization has 2 sculptures which are on display at the Ford Community & Performing Arts Center in Dearborn.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Organization acts as an agent for the Dearborn Homecoming festival, the Dearborn Holiday Choral Fest, the Martian Marathon, Van Dorp Memorial and Youth Affairs.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Funds are held by the Organization to be used for expenses for the next annual Homecoming festival held in August and Holiday Choral Fest held in December each year.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Income Tax Uncertainties - Management evaluates, at least annually, whether any tax positions reported on tax returns are more likely than not to be sustained if challenged. Management believes no such positions exist that would have significant impact on the Organization's financial position and results of operations. As of December 31, 2016, no liability for uncertain tax benefits was recorded.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part IV, Line 1b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part IV, Line 2b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0150900
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0105854
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Ford Theatre Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0City of Dearborn
IRS990ScheduleI/RecipientTable/RecipientEIN0386004605
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt015801 Mighigan Avenue
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Dearborn
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048126
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Organization grants money to the City of Dearborn for the Ford Theatre in the Dearborn Community Center.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PROVIDED TO BOARD OF DIRECTORS TO REVIEW FOR APPROVAL PRIOR TO ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt027423
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt019923
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0424867
IRS990/TotalAssetsEOYAmt0398480
IRS990/TotalAssetsGrp/BOYAmt0424867
IRS990/TotalAssetsGrp/EOYAmt0398480
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt038381
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011751
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035594
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt067156
IRS990/TotalFunctionalExpensesGrp/TotalAmt0114501
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt079355
IRS990/TotalLiabilitiesEOYAmt0105854
IRS990/TotalLiabilitiesGrp/BOYAmt079355
IRS990/TotalLiabilitiesGrp/EOYAmt0105854
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0345512
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0292626
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt067156
IRS990/TotalProgramServiceRevenueAmt015250
IRS990/TotalReportableCompFromOrgAmt032813
IRS990/TotalRevenueGrp/ExclusionAmt03499
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt057130
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt025
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0424867
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0398480
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0318089
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0272703
IRS990/UponRequestInd0X

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.$4.04$0.18$3.86$1.26$1.03$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.90$0.35$3.55$0.94$0.95$0.02
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.38$3.43$1.14$0.96$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.02$0.55$3.47$0.61$0.53$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$0.54$3.36$0.13$0.24$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.93$0.59$3.35$0.52$0.51$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$1.00$3.17$0.81$0.69$0.12
2017Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.27$1.10$3.16$0.68$0.54$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.98$1.06$2.93$0.57$1.15$0.57
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$0.79$3.46$0.60$0.88$0.27
2014Detailed filing. Detailed filing data is available for this year.$4.66$0.86$3.80$0.78$1.29$0.51
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.68$0.35$4.34$0.70$1.34$0.64
2012Summary only. Only limited summary data is available for this year.$5.94$0.97$4.96$1.01$1.52$0.51
2011Summary only. Only limited summary data is available for this year.$5.49$0.02$5.48$4.17$4.50$0.33