Civic Intelligence

Herrick Foundation

EIN 38-6041517 • Ann Arbor, MI

Pub. 78 Eligible
2010 Hogback Road Suite 5Ann Arbor, MI 48105
Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

$100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

$100M-$250M nonprofits • Source year 2023

Net Margin

1st percentile

-472%

Higher net margin than 1% of similar nonprofits.

$100M-$250M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-3.7%

Faster asset growth than 13% of similar nonprofits.

$100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

$100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets11th percentile

Assets

Down

$179,053,825

Down $1,780,140 (-1.0%) from 2023

Liabilities

Down

$17,049

Down $7,057 (-29%) from 2023

Net Assets

Down

$179,036,776

Down $1,773,083 (-1.0%) from 2023

Operations
Liabilities / Revenue16th percentileNet Margin1st percentile

Revenue

Up

$7,183,854

Up $5,695,960 (+383%) from 2023

Expenses

Up

$8,956,937

Up $450,989 (+5.3%) from 2023

Net Income

Up

-$1,773,083

Up $5,244,971 (+75%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth13th percentile

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

$200M$150M$100M$50M$0Assets 2011: $126,917,764Liabilities 2011: $02011Assets 2012: $126,730,730Liabilities 2012: $02012Assets 2013: $124,447,894Liabilities 2013: $02013Assets 2014: $126,285,107Liabilities 2014: $02014Assets 2015: $131,084,462Liabilities 2015: $02015Assets 2019: $133,173,252Liabilities 2019: $02019Assets 2020: $134,353,252Liabilities 2020: $1Net Assets 2020: $134,353,2522020Assets 2021: $135,749,323Liabilities 2021: $1Net Assets 2021: $135,749,3232021Assets 2022: $187,827,913Liabilities 2022: $1Net Assets 2022: $187,827,9132022Assets 2023: $180,833,965Liabilities 2023: $24,106Net Assets 2023: $180,809,8592023Assets 2024: $179,053,825Liabilities 2024: $17,049Net Assets 2024: $179,036,7762024

Highlighted filing

2024

Assets$179,053,825
Liabilities$17,049
Net Assets$179,036,776
Open 2024 Filing

Operations Trend

Revenue Growth1st percentile

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

$80M$60M$40M$20M$0-$20MRevenue 2011: $5,550,579Expenses 2011: $7,824,631Net Income 2011: -$2,274,0522011Revenue 2012: $8,334,805Expenses 2012: $8,521,839Net Income 2012: -$187,0342012Revenue 2013: $5,259,048Expenses 2013: $7,541,884Net Income 2013: -$2,282,8362013Revenue 2014: $10,484,517Expenses 2014: $8,647,304Net Income 2014: $1,837,2132014Revenue 2015: $13,877,587Expenses 2015: $9,078,232Net Income 2015: $4,799,3552015Revenue 2019: $7,445,927Expenses 2019: $8,362,374Net Income 2019: -$916,4472019Revenue 2020: $10,441,615Expenses 2020: $9,261,615Net Income 2020: $1,180,0002020Revenue 2021: $10,836,296Expenses 2021: $9,440,225Net Income 2021: $1,396,0712021Revenue 2022: $63,633,098Expenses 2022: $11,554,508Net Income 2022: $52,078,5902022Revenue 2023: $1,487,894Expenses 2023: $8,505,948Net Income 2023: -$7,018,0542023Revenue 2024: $7,183,854Expenses 2024: $8,956,937Net Income 2024: -$1,773,0832024

Highlighted filing

2024

Revenue$7,183,854
Expenses$8,956,937
Net Income-$1,773,083
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$179,053,825
Liabilities
$17,049
Net assets
$179,036,776
Revenue
$7,183,854
Expenses
$8,956,937
Net income
-$1,773,083
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$179$0.02$179$7.18$8.96$1.77
2023Detailed filing. Detailed filing data is available for this year.$181$0.02$181$1.49$8.51$7.02
2022Detailed filing. Detailed filing data is available for this year.$188$0.00$188$63.6$11.6$52.1
2021Detailed filing. Detailed filing data is available for this year.$136$0.00$136$10.8$9.44$1.40
2020Detailed filing. Detailed filing data is available for this year.$134$0.00$134$10.4$9.26$1.18
2019Summary only. Only limited summary data is available for this year.$133$0.00$7.45$8.36$0.92
2015Summary only. Only limited summary data is available for this year.$131$0.00$13.9$9.08$4.80
2014Summary only. Only limited summary data is available for this year.$126$0.00$10.5$8.65$1.84
2013Summary only. Only limited summary data is available for this year.$124$0.00$5.26$7.54$2.28
2012Summary only. Only limited summary data is available for this year.$127$0.00$8.33$8.52$0.19
2011Summary only. Only limited summary data is available for this year.$127$0.00$5.55$7.82$2.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 7, 2025
Return Version
2023v6.0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
WENDY BRIGHTMANCEO/SecretarFT$279,786-$279,786
LISA HERRICK PARKERPresident/TrFT$120,000-$120,000
LINDA J HERRICKTrusteePT$12,000-$12,000
SHELBY HERRICKTrustee-$2,500-$2,500
ERIC R PARKERTrustee-$2,500-$2,500
RACHEL PARKERTrustee-$2,500-$2,500
Filing and Contact Details

Filer

Filer Name
Herrick Foundation
EIN
38-6041517
Phone
7346463281
Address
2010 HOGBACK ROAD SUITE 5, ANN ARBOR, MI 48105

Signing Officer

Name
Wendy Brightman
Title
CEO/secretary
Phone
3134967585
Signed
2025-02-07
Discuss with paid preparer
Yes

Preparer

Firm
Csd Advisors Pllc
Address
37699 SIX MILE ROAD STE 240, LIVONIA, MI 48152
Preparer
Joseph a Dyga
Phone
7345911250
Raw XML AppendixShowing 400 of 1,014 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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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt6SUPPORT CAMPAIGN FOR THE AGES WEST.
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt7SUPPORT NEW MEDICAL FACILITY TOWER
IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/GrantOrContributionPurposeTxt8SUPPORT SHARED HOUSING PROGRAM
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IRS990PF/SupplementaryInformationGrp/GrantOrContriApprvForFutGrp/RecipientBusinessName/BusinessNameLine2Txt3MANY HANDS LIFESHARING COMMUNITY
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