Civic Intelligence

Hackley Trust 01002-005 FBO

990 • Fiscal year 2017 • EIN 38-6051395

Jul 01, 2016 to Jun 30, 2017 • Filed on Jul 17, 2017

PO Box 3636Grand Rapids, MI 49501-3636

(616) 653-5629

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

2017 filings • <$500k nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.00x

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

2017 filings • <$500k nonprofits • Source year 2017

Net Margin

5th percentile

-163%

Higher net margin than 5% of similar nonprofits.

2017 filings • <$500k nonprofits • Source year 2017

Top Officer Pay

79th percentile

$2,026

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 40.3% of source-year revenue.

2017 filings • <$500k nonprofits • Source year 2017

Asset Growth

34th percentile

-5.1%

Faster asset growth than 34% of similar nonprofits.

2017 filings • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

57th percentile

5.5%

Faster revenue growth than 57% of similar nonprofits.

2017 filings • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$152,438

Down $8,194 (-5.1%) from 2016

Net Assets

Down

$152,438

Down $8,194 (-5.1%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$5,032

Up $262 (+5.5%) from 2016

Expenses

Down

$13,225

Down $796 (-5.7%) from 2016

Net Income

Up

-$8,193

Up $1,058 (+11%) from 2016

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $175,154Liabilities 2011: $0Net Assets 2011: $175,1542011Assets 2014: $164,521Liabilities 2014: $0Net Assets 2014: $164,5212014Assets 2015: $169,883Liabilities 2015: $0Net Assets 2015: $169,8832015Assets 2016: $160,632Liabilities 2016: $0Net Assets 2016: $160,6322016Assets 2017: $152,438Liabilities 2017: $0Net Assets 2017: $152,4382017Assets 2018: $159,898Liabilities 2018: $0Net Assets 2018: $159,8982018Assets 2020: $146,813Liabilities 2020: $0Net Assets 2020: $146,8132020Assets 2021: $162,334Liabilities 2021: $0Net Assets 2021: $162,3342021Assets 2022: $155,747Liabilities 2022: $0Net Assets 2022: $155,7472022Assets 2023: $145,694Liabilities 2023: $0Net Assets 2023: $145,6942023Assets 2024: $146,188Liabilities 2024: $0Net Assets 2024: $146,1882024Assets 2025: $141,808Liabilities 2025: $0Net Assets 2025: $141,8082025

Highlighted filing

2017

Assets$152,438
Liabilities$0
Net Assets$152,438

Operations Trend

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

$40K$20K$0-$20KExpenses 2011: $11,4762011Revenue 2014: $7,048Expenses 2014: $13,438Net Income 2014: -$6,3902014Revenue 2015: $20,399Expenses 2015: $15,037Net Income 2015: $5,3622015Revenue 2016: $4,770Expenses 2016: $14,021Net Income 2016: -$9,2512016Revenue 2017: $5,032Expenses 2017: $13,225Net Income 2017: -$8,1932017Revenue 2018: $20,816Expenses 2018: $13,357Net Income 2018: $7,4592018Revenue 2020: $11,569Expenses 2020: $13,150Net Income 2020: -$1,5812020Revenue 2021: $30,427Expenses 2021: $14,907Net Income 2021: $15,5202021Revenue 2022: $8,043Expenses 2022: $14,630Net Income 2022: -$6,5872022Revenue 2023: $7,167Expenses 2023: $17,220Net Income 2023: -$10,0532023Revenue 2024: $16,024Expenses 2024: $15,530Net Income 2024: $4942024Revenue 2025: $11,204Expenses 2025: $15,582Net Income 2025: -$4,3782025

Highlighted filing

2017

Revenue$5,032
Expenses$13,225
Net Income-$8,193
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jul 17, 2017
Return Version
2016v3.0
Gross Receipts
$37,511
Mission and Program Overview

Mission

Trust assets are invested to provide income to be distributed to the charity named in the governing document.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$160,632$152,438▼ $8,194
Investments in Publicly Traded Securities$153,249$145,317▼ $7,932
Savings and Temporary Cash Investments$7,382$7,120▼ $262
Cash and Non-Interest-Bearing Accounts$1$1→ $0
Total Assets$160,632$152,438▼ $8,194
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$160,632$152,438▼ $8,194
Total Liabilities and Net Assets / Fund Balance$160,632$152,438▼ $8,194
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$2,026$2,026
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$5,032
Other Revenue
$0
Change in Net Assets
$-8,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$10,177
Salaries, Compensation, and Employee Benefits$2,026
Other Expenses$1,022
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$10,177--$10,177
Current Officers, Directors, Trustees, and Key Employees-$2,026-$2,026
Fees for Services Accounting-$1,000-$1,000
All Other Expenses-$22-$22
Total Functional Expenses$10,177$3,048$0$13,225
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Muskegon Public SchoolsMuskegon, MI-General Support$10,177
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11-description of Process for Review

Form 990 is reviewed by a tax officer of the trustee.

Form 990, Page 6, Part VI, Line 18

Forms are available upon written request to the organization.

Form 990, Page 6, Part VI, Line 19

Forms are available upon written request to the organization.

Filing and Contact Details

Filer

Filer Name
Hackley Trust Fbo Hackley Library
EIN
38-6051395
Phone
6166535629
Address
PO BOX 3636, GRAND RAPIDS, MI 49501-3636

Signing Officer

Name
Matthew Carothers
Title
Trustee
Phone
6166535629
Signed
2017-07-17

Organization Details

Formed
1905
Legal Domicile
Mi
Voting Board Members
1
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Explanation for Form 990, Part XI, Line 9

Rounding adjustment

Raw XML Appendix278 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
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IRS990/AllOtherExpensesGrp/TotalAmt022
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IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt02026
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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01905
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt01251
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt01
IRS990/GrantAmt010177
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt010177
IRS990/GrantsToDomesticOrgsGrp/TotalAmt010177
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt033730
IRS990/GrossReceiptsAmt037511
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03781
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03781
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0153249
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0145317
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt032479
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TRUST ASSETS ARE INVESTED TO PROVIDE INCOME TO BE DISTRIBUTED TO THE CHARITY NAMED IN THE GOVERNING DOCUMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0160632
IRS990/NetAssetsOrFundBalancesEOYAmt0152438
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization4947a1NotPFInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0true
IRS990/OtherChangesInNetAssetsAmt0-1
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0FIFTH THIRD BANK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt010980
IRS990/PYInvestmentIncomeAmt04770
IRS990/PYOtherExpensesAmt01028
IRS990/PYRevenuesLessExpensesAmt0-9251
IRS990/PYSalariesCompEmpBnftPaidAmt02013
IRS990/PYTotalExpensesAmt014021
IRS990/PYTotalRevenueAmt04770
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-8193
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07382
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07120
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0386002960
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IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt010177
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt010177
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MUSKEGON PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0ATTN ALICE DOANE
IRS990ScheduleI/RecipientTable/RecipientEIN0386002960
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0630 HARVEY STREET
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IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY A TAX OFFICER OF THE TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORMS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORMS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Rounding adjustment
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PART XI, LINE 9
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IRS990/USAddress/ZIPCd049503
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW CAROTHERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum06166535629
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HACKLEY TRUST FBO HACKLEY LIBRARY
ReturnHeader/Filer/BusinessNameControlTxt0HACK
ReturnHeader/Filer/EIN0386051395
ReturnHeader/Filer/PhoneNum06166535629
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3636
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0495013636
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09C14A50C777165E1ABE23C37C872EE3F8803F41A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09C14A50C777165E1ABE23C37C872EE3F8803F41A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.131.56.35
ReturnHeader/ReturnTs02017-07-17T13:00:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

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