Civic Intelligence

MIM Scholarship Foundation

990EZ • Fiscal year 2015 • EIN 38-3604416

Oct 01, 2014 to Sep 30, 2015 • Filed on Apr 26, 2016

Organization ProfileMIM-ONLINE.ORG/ABOUT/MIM-SCHOLARSHIP-F
24725 W Twelve Mile Road Ste 388Southfield, MI 48034

(248) 663-0415

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

39th percentile

-3.1%

Faster asset growth than 39% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

43rd percentile

-3.1%

Faster revenue growth than 43% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$135,912

Down $4,341 (-3.1%) from 2014

Net Assets

$135,912

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin70th percentile

Revenue

Down

$17,211

Down $555 (-3.1%) from 2014

Expenses

Up

$14,719

Up $1,786 (+14%) from 2014

Net Income

Down

$2,492

Down $2,341 (-48%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$600K$400K$200K$0Assets 2010: $119,849Net Assets 2010: $119,8492010Assets 2011: $117,032Net Assets 2011: $117,0322011Assets 2012: $129,962Net Assets 2012: $129,9622012Assets 2013: $132,133Liabilities 2013: $0Net Assets 2013: $132,1332013Assets 2014: $140,253Liabilities 2014: $02014Assets 2015: $135,912Liabilities 2015: $0Net Assets 2015: $135,9122015Assets 2016: $176,876Liabilities 2016: $0Net Assets 2016: $176,8762016Assets 2017: $200,139Liabilities 2017: $1,230Net Assets 2017: $198,9092017Assets 2018: $196,807Liabilities 2018: $0Net Assets 2018: $196,8072018Assets 2019: $251,889Liabilities 2019: $02019Assets 2020: $272,664Liabilities 2020: $0Net Assets 2020: $272,6642020Assets 2021: $377,812Liabilities 2021: $3,282Net Assets 2021: $374,5302021Assets 2022: $396,771Liabilities 2022: $217Net Assets 2022: $396,5542022Assets 2023: $451,829Liabilities 2023: $4752023Assets 2024: $500,249Liabilities 2024: $352Net Assets 2024: $499,8972024

Highlighted filing

2015

Assets$135,912
Liabilities$0
Net Assets$135,912
Open 2015 Filing

Operations Trend

Revenue Growth43rd percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $15,822Expenses 2010: $6,489Net Income 2010: $9,3332010Revenue 2011: $14,402Expenses 2011: $13,998Net Income 2011: $4042011Revenue 2012: $14,965Expenses 2012: $11,789Net Income 2012: $3,1762012Revenue 2013: $15,231Expenses 2013: $15,726Net Income 2013: -$4952013Revenue 2014: $17,766Expenses 2014: $12,933Net Income 2014: $4,8332014Revenue 2015: $17,211Expenses 2015: $14,719Net Income 2015: $2,4922015Revenue 2016: $47,172Expenses 2016: $14,391Net Income 2016: $32,7812016Revenue 2017: $25,867Expenses 2017: $12,659Net Income 2017: $13,2082017Revenue 2018: $27,306Expenses 2018: $17,591Net Income 2018: $9,7152018Revenue 2019: $58,220Expenses 2019: $17,950Net Income 2019: $40,2702019Revenue 2020: $25,251Expenses 2020: $13,858Net Income 2020: $11,3932020Revenue 2021: $109,113Expenses 2021: $21,608Net Income 2021: $87,5052021Revenue 2022: $79,417Expenses 2022: $26,625Net Income 2022: $52,7922022Revenue 2023: $79,027Expenses 2023: $32,633Net Income 2023: $46,3942023Revenue 2024: $79,128Expenses 2024: $35,345Net Income 2024: $43,7832024

Highlighted filing

2015

Revenue$17,211
Expenses$14,719
Net Income$2,492
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Apr 26, 2016
Return Version
2014v6.0
Gross Receipts
$29,983
Mission and Program Overview

Mission

To encourage academic acheivement through the issuance of educational scholarships to architecture students.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS PROVIDED TO STUDENTS (4 @ 2,000 EA AND 4 @ 1,000 EA)$12,000$12,000
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM GENDRONTrustee-$0--
BILL BARKERSecretary-$0--
ED DAVENPORTVice-Pres.-$0--
KEVIN RYANTrustee-$0--
DANIEL ZECHMEISTERAsst. Treas.-$0--
TOM BAKERTrustee-$0--
MIKE RADOSATrustee-$0--
MIKE HARMANVice-Pres-$0--
SCOTT SCHEPERSTrustee-$0--
ANDY BRACYTrustee-$0--
STEVE FOURNIERTreasurer-$0--
TODD BELDENTrustee-$0--
OMAR FARISTrustee-$0--
JEFF SYNDERTrustee-$0--
CHRISTOPHER SASSPresident-$0--
JIM WEINRAUCHTrustee-$0--
DAVE SHERMANTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$18,374$18,374$341$18,033
Total Events$18,374$18,374$12,772$5,602
Filing and Contact Details

Filer

Filer Name
Mim Scholarship Foundation
EIN
38-3604416
Phone
2486630415
Address
24725 W TWELVE MILE ROAD STE 388, SOUTHFIELD, MI 48034

Signing Officer

Name
Daniel Zechmeister
Title
Assistant Treasurer
Phone
2486630415
Signed
2016-04-26
Discuss with paid preparer
Yes

Preparer

Firm
Rea & Shoemaker Pc
Address
35951 5 MILE RD, LIVONIA, MI 48154
Preparer
Lawrence E Shoemaker
Phone
7344626161
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“12,000 0 0”

Form 990-ez, Part I, Line 16

“Expenses bank charges 5 total 5”

Form 990-ez, Part I, Line 20

“Unrealized market losses -6,833 on investments carried at market value 0”

Form 990-ez, Part III

“To encourage academic acheivement through the issuance of educational scholarships to architecture students.”

Raw XML Appendix226 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/OperateHospitalInd0false
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IRS990EZ/OtherChangesInNetAssetsAmt0-6833
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK CHARGES 5 TOTAL 5
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UNREALIZED MARKET LOSSES -6,833 ON INVESTMENTS CARRIED AT MARKET VALUE 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO ENCOURAGE ACADEMIC ACHEIVEMENT THROUGH THE ISSUANCE OF EDUCATIONAL SCHOLARSHIPS TO ARCHITECTURE STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-08-17 19:52:53Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DANIEL ZECHMEISTER
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ReturnHeader/BusinessOfficerGrp/PhoneNum02486630415
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MIM SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MIMS
ReturnHeader/Filer/EIN0383604416
ReturnHeader/Filer/PhoneNum02486630415
ReturnHeader/Filer/USAddress/AddressLine1Txt024725 W TWELVE MILE ROAD STE 388
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048034
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382600720
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LIVONIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048154
ReturnHeader/PreparerPersonGrp/PhoneNum07344626161
ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAWRENCE E SHOEMAKER
ReturnHeader/ReturnTs02016-05-09T15:32:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$135,912
Liabilities
$0
Net assets
$135,912
Revenue
$17,211
Expenses
$14,719
Net income
$2,492
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.00$5.00$0.79$0.35$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.52$0.00$0.79$0.33$0.46
2022Detailed filing. Detailed filing data is available for this year.$3.97$0.00$3.97$0.79$0.27$0.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$0.03$3.75$1.09$0.22$0.88
2020Detailed filing. Detailed filing data is available for this year.$2.73$0.00$2.73$0.25$0.14$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.52$0.00$0.58$0.18$0.40
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.00$1.97$0.27$0.18$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$0.01$1.99$0.26$0.13$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.00$1.77$0.47$0.14$0.33
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.00$1.36$0.17$0.15$0.02
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.00$0.18$0.13$0.05
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.32$0.00$1.32$0.15$0.16$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.30$1.30$0.15$0.12$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$1.17$0.14$0.14$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.20$1.20$0.16$0.06$0.09