Civic Intelligence

The Rackham Engineering Foundation

990 • Fiscal year 2018 • EIN 38-6078727

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 12, 2019

Organization ProfileN/A
500 Woodward Avenue No 3500Detroit, MI 48226

(313) 965-8264

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

11th percentile

0.00x

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

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Net Margin

74th percentile

91%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

95th percentile

38%

Faster asset growth than 95% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

922%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • 501(c)2 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$12,012,944

Up $3,321,984 (+38%) from 2017

Net Assets

Up

$12,001,869

Up $3,327,545 (+38%) from 2017

Liabilities

Down

$11,075

Down $5,561 (-33%) from 2017

Revenue And Expenses
Liabilities / Revenue11th percentileNet Margin74th percentile

Revenue

Up

$5,772,624

Up $5,207,722 (+922%) from 2017

Expenses

Down

$540,383

Down $23,533 (-4.2%) from 2017

Net Income

Up

$5,232,241

Up $5,231,255 (+530553%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $9,280,031Liabilities 2010: $8,404Net Assets 2010: $9,271,6272010Assets 2011: $8,544,604Liabilities 2011: $11,090Net Assets 2011: $8,533,5142011Assets 2012: $8,717,683Liabilities 2012: $8,506Net Assets 2012: $8,709,1772012Assets 2013: $9,021,041Liabilities 2013: $11,791Net Assets 2013: $9,009,2502013Assets 2014: $8,772,278Liabilities 2014: $9,914Net Assets 2014: $8,762,3642014Assets 2015: $8,308,249Liabilities 2015: $9,710Net Assets 2015: $8,298,5392015Assets 2016: $8,370,221Liabilities 2016: $20,038Net Assets 2016: $8,350,1832016Assets 2017: $8,690,960Liabilities 2017: $16,636Net Assets 2017: $8,674,3242017Assets 2018: $12,012,944Liabilities 2018: $11,075Net Assets 2018: $12,001,8692018Assets 2019: $13,668,327Liabilities 2019: $12,518Net Assets 2019: $13,655,8092019Assets 2020: $14,888,098Liabilities 2020: $12,428Net Assets 2020: $14,875,6702020Assets 2021: $16,055,937Liabilities 2021: $13,500Net Assets 2021: $16,042,4372021Assets 2022: $12,921,705Liabilities 2022: $11,392Net Assets 2022: $12,910,3132022Assets 2023: $13,691,151Liabilities 2023: $12,360Net Assets 2023: $13,678,7912023Assets 2024: $14,456,424Liabilities 2024: $12,291Net Assets 2024: $14,444,1332024

Highlighted filing

2018

Assets$12,012,944
Liabilities$11,075
Net Assets$12,001,869
Open 2018 Filing

Operations Trend

Revenue Growth95th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $686,8692010Expenses 2011: $674,4012011Expenses 2012: $596,2122012Revenue 2013: $463,849Expenses 2013: $495,845Net Income 2013: -$31,9962013Revenue 2014: $1,010,511Expenses 2014: $523,452Net Income 2014: $487,0592014Revenue 2015: -$21,439Expenses 2015: $553,076Net Income 2015: -$574,5152015Revenue 2016: $138,420Expenses 2016: $492,834Net Income 2016: -$354,4142016Revenue 2017: $564,902Expenses 2017: $563,916Net Income 2017: $9862017Revenue 2018: $5,772,624Expenses 2018: $540,383Net Income 2018: $5,232,2412018Revenue 2019: $552,087Expenses 2019: $542,078Net Income 2019: $10,0092019Revenue 2020: $181,312Expenses 2020: $585,374Net Income 2020: -$404,0622020Revenue 2021: $1,273,546Expenses 2021: $669,877Net Income 2021: $603,6692021Revenue 2022: $793,540Expenses 2022: $715,694Net Income 2022: $77,8462022Revenue 2023: $469,057Expenses 2023: $833,088Net Income 2023: -$364,0312023Revenue 2024: $906,470Expenses 2024: $855,549Net Income 2024: $50,9212024

Highlighted filing

2018

Revenue$5,772,624
Expenses$540,383
Net Income$5,232,241
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 12, 2019
Return Version
2018v3.1
Gross Receipts
$9,283,432
Mission and Program Overview

Mission

To receive and manage funds to be used to support the engineering society of detroit.

To manage funds and property in support of the engineering society of detroit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,276,311$12,012,944▲ $3,736,633
Land, Buildings, and Equipment, Net$406,643$0▼ $406,643
Prepaid Expenses and Deferred Charges$1,772$0▼ $1,772
Total Assets$8,690,960$12,012,944▲ $3,321,984
Other Assets Total$6,234$0▼ $6,234
Liabilities
Accounts Payable and Accrued Expenses$16,636$11,075▼ $5,561
Total Liabilities$16,636$11,075▼ $5,561
Net Assets / Fund Balance
Temporarily Rstr Net Assets$6,658,616$9,986,161▲ $3,327,545
Permanently Rstr Net Assets$2,015,708$2,015,708→ $0
Total Net Assets Fund Balance$8,674,324$12,001,869▲ $3,327,545
Total Liabilities and Net Assets / Fund Balance$8,690,960$12,012,944▲ $3,321,984

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$8,674,324-▲ $3,836,336-$12,001,869
2017$8,350,183-▲ $888,057-$8,674,324
2016$8,298,539-▲ $544,478-$8,350,183
2015$8,762,364-▲ $89,251-$8,298,539
2014$9,009,250-▲ $276,566-$8,762,364
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Roy H LinkPresident
Donald E GoodwinVice President
Daniel E NicholsonTrustee
Donald J SmolenskiTrustee
Douglas E PattonTrustee
Robert J BucklerTrustee
Terry J WoychowskiTrustee
Duane L TarnackiAsst. Secty./asst. Treas.
Ki HammerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$634,476
Investment Income
$5,138,148
Other Revenue
$0
Change in Net Assets
$5,232,241

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,772,624
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,904,696
Total Revenue per Audited Statements
$3,867,928
Total Revenue per Form 990
$5,772,624
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$466,002
Other Expenses$74,381
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs---$466,002
Fees for Services Legal---$35,538
Fees for Service Investment Mgmnt Fees---$31,592
Fees for Services Accounting---$3,450
Depreciation Depletion---$1,833
Insurance---$1,772
All Other Expenses---$196
Total Functional Expenses$0$0$0$540,383

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$540,383
Expenses Not Reported on Financial Statements$466,002
Other Expense Adjustments$466,002
Expenses per Audited Statements$74,381
Total Expenses per Audited Statements$74,381
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Engineering Society of DetroitSouthfield, MI501(c)(3)General Operating Support$466,002
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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, Part VI, Section B, Line 11B

“The return is reviewed by the board at the annual june/july meeting. After any concerns presented by the board are addressed, the president signs and files the return.”

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

“Trustees disclose any conflicts of interest on an annual questionnaire. The president and legal counsel review the questionnaires and make a report to the board at a board meeting. If board action is necessary, the board will act at the meeting.”

Form 990, Part VI, Section C, Line 19

“The organization's articles of incorporation, conflict of interest policy, and annual information returns are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
The Rackham Engineering Foundation
EIN
38-6078727
Phone
3139658264
Address
500 WOODWARD AVENUE NO 3500, DETROIT, MI 48226

Signing Officer

Name
Roy H Link
Title
President
Phone
3139658264
Signed
2019-07-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Roy H Link Co Link Engi
Formed
1936
Legal Domicile
Mi
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Mark L Lockwitz CPA
Phone
5173237500
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The income related to investment activity is to be provided to and used by the engineering society of detroit, a 501(c)(3) organization, to conduct its charitable purposes as set forth in its articles of incorporation.”

PART X, LINE 2:

“In the preparation of tax returns, tax positions are taken based on interpretation of federal, state and local income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been identified, or recorded, as uncertain tax positions. Federal, state, and local tax returns generally remain open for examination by the various taxing authorities for a period of three to four years.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Distribution to engineering society of detroit 466,002.”

Raw XML AppendixShowing 400 of 424 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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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt08762364
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt08298539
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0553076
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt089251
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt09009250
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt08762364
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0523452
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0276566
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0466002
IRS990ScheduleD/ExpensesSubtotalAmt074381
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1904696
IRS990ScheduleD/OtherExpensesNotIncludedAmt0466002
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.16790
IRS990ScheduleD/RevenueNotReportedAmt0-1904696
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt05772624
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INCOME RELATED TO INVESTMENT ACTIVITY IS TO BE PROVIDED TO AND USED BY THE ENGINEERING SOCIETY OF DETROIT, A 501(C)(3) ORGANIZATION, TO CONDUCT ITS CHARITABLE PURPOSES AS SET FORTH IN ITS ARTICLES OF INCORPORATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1IN THE PREPARATION OF TAX RETURNS, TAX POSITIONS ARE TAKEN BASED ON INTERPRETATION OF FEDERAL, STATE AND LOCAL INCOME TAX LAWS. MANAGEMENT PERIODICALLY REVIEWS AND EVALUATES THE STATUS OF UNCERTAIN TAX POSITIONS AND MAKES ESTIMATES OF AMOUNTS, INCLUDING INTEREST AND PENALTIES, ULTIMATELY DUE OR OWED. NO AMOUNTS HAVE BEEN IDENTIFIED, OR RECORDED, AS UNCERTAIN TAX POSITIONS. FEDERAL, STATE, AND LOCAL TAX RETURNS GENERALLY REMAIN OPEN FOR EXAMINATION BY THE VARIOUS TAXING AUTHORITIES FOR A PERIOD OF THREE TO FOUR YEARS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DISTRIBUTION TO ENGINEERING SOCIETY OF DETROIT 466,002.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.83210
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0540383
IRS990ScheduleD/TotalRevenuePerForm990Amt05772624
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03867928
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt074381
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0466002
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL OPERATING SUPPORT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE ENGINEERING SOCIETY OF DETROIT
IRS990ScheduleI/RecipientTable/RecipientEIN0381207155
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt020700 CIVIC CENTER DRIVE SUITE 450
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SOUTHFIELD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0480764140
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0AS STATED IN ALL ORGANIZATIONAL DOCUMENTS, THE ENGINEERING SOCIETY OF DETROIT IS THE NAMED RECIPIENT OF THE INCOME PRODUCED FROM THE ASSETS HELD AND MANAGED BY THE RACKHAM ENGINEERING FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0BUILDING
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0REGENTS OF THE UNIVERSITY OF MICHIGAN
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02018-01-19
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0386006309
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt05088000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0SALES PRICE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0326 E HOOVER
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0ANN ARBOR
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0MI
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd0481091002
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0RACKHAM ENGINEERING FOUNDATION ENTERED INTO A REAL PROPERTY PURCHASE AGREEMENT TO SELL THEIR HORACE H. RACKHAM BUILDING AND ADJACENT PARKING STRUCTURE, INCLUDING ALL DEVELOPMENT AND DIVISION RIGHTS AND ALL IMPROVMENTS AND FIXTURES, ON JULY 20, 2017. THIS AGREEMENT WAS FINALIZED ON JANUARY 19, 2018, CASH PROCEEDS TO THE RACKHAM ENGINEERING FOUNDATION TOTALED $5,060,386, THESE PROCEEDS ARE NOW HELD IN THE INVESTMENT ACCOUNT OF THE FOUNDATION.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N PART II
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS REVIEWED BY THE BOARD AT THE ANNUAL JUNE/JULY MEETING. AFTER ANY CONCERNS PRESENTED BY THE BOARD ARE ADDRESSED, THE PRESIDENT SIGNS AND FILES THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES DISCLOSE ANY CONFLICTS OF INTEREST ON AN ANNUAL QUESTIONNAIRE. THE PRESIDENT AND LEGAL COUNSEL REVIEW THE QUESTIONNAIRES AND MAKE A REPORT TO THE BOARD AT A BOARD MEETING. IF BOARD ACTION IS NECESSARY, THE BOARD WILL ACT AT THE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S ARTICLES OF INCORPORATION, CONFLICT OF INTEREST POLICY, AND ANNUAL INFORMATION RETURNS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE ENGINEERING SOCIETY OF DETROIT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381207155
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROMOTES GROWTH OF THE ENGINEERING & ALLIED ARTS & SCIENCES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt020700 CIVIC CENTER DR STE 450
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SOUTHFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0480764140
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0466002
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0ENGINEERING SOCIETY OF DETROIT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt06658616
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt09986161
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt08690960
IRS990/TotalAssetsEOYAmt012012944
IRS990/TotalAssetsGrp/BOYAmt08690960
IRS990/TotalAssetsGrp/EOYAmt012012944
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0540383
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016636
IRS990/TotalLiabilitiesEOYAmt011075
IRS990/TotalLiabilitiesGrp/BOYAmt016636
IRS990/TotalLiabilitiesGrp/EOYAmt011075
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08674324
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt012001869
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0634476
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05772624
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt05772624
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08690960
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012012944
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt043855 PLYMOUTH OAK BLVD
IRS990/USAddress/CityNm0PLYMOUTH
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048170
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROY H LINK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03139658264
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE RACKHAM ENGINEERING FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0RACK
ReturnHeader/Filer/EIN0386078727
ReturnHeader/Filer/PhoneNum03139658264
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 WOODWARD AVENUE NO 3500

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,012,944
Liabilities
$11,075
Net assets
$12,001,869
Revenue
$5,772,624
Expenses
$540,383
Net income
$5,232,241
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.5$0.01$14.4$0.91$0.86$0.05
2023Detailed filing. Detailed filing data is available for this year.$13.7$0.01$13.7$0.47$0.83$0.36
2022Detailed filing. Detailed filing data is available for this year.$12.9$0.01$12.9$0.79$0.72$0.08
2021Detailed filing. Detailed filing data is available for this year.$16.1$0.01$16.0$1.27$0.67$0.60
2020Detailed filing. Detailed filing data is available for this year.$14.9$0.01$14.9$0.18$0.59$0.40
2019Detailed filing. Detailed filing data is available for this year.$13.7$0.01$13.7$0.55$0.54$0.01
2018Detailed filing. Detailed filing data is available for this year.$12.0$0.01$12.0$5.77$0.54$5.23
2017Detailed filing. Detailed filing data is available for this year.$8.69$0.02$8.67$0.56$0.56$0.00
2016Detailed filing. Detailed filing data is available for this year.$8.37$0.02$8.35$0.14$0.49$0.35
2015Detailed filing. Detailed filing data is available for this year.$8.31$0.01$8.30$0.02$0.55$0.57
2014Detailed filing. Detailed filing data is available for this year.$8.77$0.01$8.76$1.01$0.52$0.49
2013Detailed filing. Detailed filing data is available for this year.$9.02$0.01$9.01$0.46$0.50$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.72$0.01$8.71$0.60
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.54$0.01$8.53$0.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.28$0.01$9.27$0.69