Civic Intelligence

Sc4 Foundation

990 • Fiscal year 2014 • EIN 38-6083677

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 29, 2014

323 Erie StPort Huron, MI 48060

(810) 989-5761

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.02x

Higher debt load relative to assets than 22% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

40th percentile

0.12x

Higher debt load relative to revenue than 40% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

86th percentile

23%

Faster asset growth than 86% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$7,285,584

Up $1,338,645 (+23%) from 2013

Net Assets

Up

$7,120,334

Up $1,333,016 (+23%) from 2013

Liabilities

Up

$165,250

Up $5,629 (+3.5%) from 2013

Revenue

Up

$1,330,123

Up $314,796 (+31%) from 2013

Expenses

Up

$394,485

Up $10,346 (+2.7%) from 2013

Net Income

Up

$935,638

Up $304,450 (+48%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $3,230,246Liabilities 2010: $1,887Net Assets 2010: $3,228,3592010Assets 2011: $5,145,285Liabilities 2011: $102,442Net Assets 2011: $5,042,8432011Assets 2012: $5,129,630Liabilities 2012: $292,093Net Assets 2012: $4,837,5372012Assets 2013: $5,946,939Liabilities 2013: $159,621Net Assets 2013: $5,787,3182013Assets 2014: $7,285,584Liabilities 2014: $165,250Net Assets 2014: $7,120,3342014Assets 2015: $6,769,349Liabilities 2015: $126,452Net Assets 2015: $6,642,8972015Assets 2016: $6,397,205Liabilities 2016: $118,375Net Assets 2016: $6,278,8302016Assets 2017: $6,360,300Liabilities 2017: $133,375Net Assets 2017: $6,226,9252017Assets 2018: $6,615,782Liabilities 2018: $117,206Net Assets 2018: $6,498,5762018Assets 2019: $6,566,037Liabilities 2019: $101,555Net Assets 2019: $6,464,4822019Assets 2020: $6,350,254Liabilities 2020: $188,106Net Assets 2020: $6,162,1482020Assets 2021: $7,741,191Liabilities 2021: $143,327Net Assets 2021: $7,597,8642021Assets 2022: $6,932,194Liabilities 2022: $158,743Net Assets 2022: $6,773,4512022Assets 2023: $7,465,111Liabilities 2023: $256,058Net Assets 2023: $7,209,0532023Assets 2024: $7,966,655Liabilities 2024: $247,174Net Assets 2024: $7,719,4812024Assets 2025: $8,664,880Liabilities 2025: $64,860Net Assets 2025: $8,600,0202025

Highlighted filing

2014

Assets$7,285,584
Liabilities$165,250
Net Assets$7,120,334

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $94,7492010Expenses 2011: $150,4132011Expenses 2012: $570,4792012Revenue 2013: $1,015,327Expenses 2013: $384,139Net Income 2013: $631,1882013Revenue 2014: $1,330,123Expenses 2014: $394,485Net Income 2014: $935,6382014Revenue 2015: $621,847Expenses 2015: $281,660Net Income 2015: $340,1872015Revenue 2016: $365,681Expenses 2016: $743,603Net Income 2016: -$377,9222016Revenue 2017: $309,148Expenses 2017: $781,586Net Income 2017: -$472,4382017Revenue 2018: $433,975Expenses 2018: $270,950Net Income 2018: $163,0252018Revenue 2019: $293,630Expenses 2019: $382,225Net Income 2019: -$88,5952019Revenue 2020: $178,732Expenses 2020: $444,685Net Income 2020: -$265,9532020Revenue 2021: $3,092Expenses 2021: $317,057Net Income 2021: -$313,9652021Revenue 2022: $559,715Expenses 2022: $309,029Net Income 2022: $250,6862022Revenue 2023: $11,171Expenses 2023: $449,976Net Income 2023: -$438,8052023Revenue 2024: $23,310Expenses 2024: $455,679Net Income 2024: -$432,3692024Revenue 2025: $8,680Expenses 2025: $228,521Net Income 2025: -$219,8412025

Highlighted filing

2014

Revenue$1,330,123
Expenses$394,485
Net Income$935,638
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 29, 2014
Return Version
2013v3.1
Gross Receipts
$2,272,850
Mission and Program Overview

Mission

The foundation supports scholarships, and capital and special projects for st. Clair county community college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,814,762$4,366,698▲ $551,936
Investments in Publicly Traded Securities$1,633,564$1,908,188▲ $274,624
Pledges and Grants Receivable$412,848$701,749▲ $288,901
Savings and Temporary Cash Investments-$244,189-
Cash and Non-Interest-Bearing Accounts$31,176$9,352▼ $21,824
Land, Buildings, and Equipment, Net$7,205$4,803▼ $2,402
Prepaid Expenses and Deferred Charges$2,934$4,377▲ $1,443
Total Assets$5,946,939$7,285,584▲ $1,338,645
Other Assets Total$44,450$46,228▲ $1,778
Liabilities
Accounts Payable and Accrued Expenses$83,621$87,800▲ $4,179
Grants Payable$75,000$75,000→ $0
Deferred Revenue$1,000$1,950▲ $950
Other Liabilities-$500-
Total Liabilities$159,621$165,250▲ $5,629
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,134,106$3,146,446▲ $12,340
Unrestricted Net Assets$1,247,369$2,301,431▲ $1,054,062
Temporarily Rstr Net Assets$1,405,843$1,672,457▲ $266,614
Total Net Assets Fund Balance$5,787,318$7,120,334▲ $1,333,016
Total Liabilities and Net Assets / Fund Balance$5,946,939$7,285,584▲ $1,338,645

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,803$7,205$12,008
Other Securities$49,838--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$4,539,949$50,638▲ $535,774-$4,818,903
2013$3,695,066$855,602▲ $326,913-$4,539,949
2012$3,671,234$46,680▲ $113,669-$3,695,066
2011$1,863,093$1,475,737▲ $311,640-$3,671,234
2010$1,677,374$5,200▲ $235,479-$1,863,093
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,026,114
Program Service Revenue
$0
Investment Income
$311,202
Other Revenue
$-7,193
All Other Contributions
$999,139
Change in Net Assets
$935,638

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$100,108
Other Non Cash Contri Table1$2,392
Total Noncash Contributions2$102,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,297,185
Revenue Not Reported on Financial Statements
$32,938
Revenue Not Reported on Form 990
$397,378
Total Revenue per Audited Statements
$1,694,563
Total Revenue per Form 990
$1,330,123
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$297,476
Other Expenses$97,009
Total Fundraising Expense$4,511
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$176,300--$176,300
Grants to Domestic Individuals$121,176--$121,176
Fees for Service Investment Mgmnt Fees-$32,938-$32,938
Other Expenses$3,374$21,768$4,511$29,653
Fees for Services Accounting-$20,615-$20,615
Information Technology-$7,126-$7,126
Depreciation Depletion-$2,402-$2,402
Insurance-$2,224-$2,224
Office Expenses-$1,632-$1,632
Conferences and Meetings-$419-$419
Total Functional Expenses$300,850$89,124$4,511$394,485

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$394,485
Expenses per Audited Statements$361,547
Total Expenses per Audited Statements$361,547
Expenses Not Reported on Financial Statements$32,938
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
38-1857017-GovHistorical Restore$150,000
38-1857017-GovNAT'L SCIENCE MUSEUM$20,000
38-1857017-GovFriend of Arts/gen$6,300
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,418
Fundraising Gross Income$9,225
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$36,200$9,225$12,494$-3,269
Total Events$36,200$9,225$16,418$-7,193
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Sc4 Alumni$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 11B

The 990 is reviewed by the finance committee and approved prior to filing, along with the audited financial statements.

Form 990, Page 6, Part VI, Line 12C

Through regular meetings, board members and directors state and write their conflict of interest and abstain from the vote.

Form 990, Page 6, Part VI, Line 19

Governing documents, policies and audited financial statements are made available to the public upon request.

Filing and Contact Details

Filer

EIN
38-6083677
Phone
8109895761

Signing Officer

Name
Karl S Tomion
Title
President
Phone
8109895761
Signed
2014-10-29

Organization Details

Principal Officer
Karl S Tomion
Formed
1963
Legal Domicile
Mi
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
12

Preparer

Preparer
Paul L Bailey CPA
Phone
8109843829
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

The intended purpose of the endowment funds are to support college schlorships for students attending st. Clair county community college and for capital or special projects for st. Clair county community college.

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IRS990/NetUnrlzdGainsLossesInvstAmt0397378
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IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0849178
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IRS990/PYTotalRevenueAmt01015327
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0935638
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IRS990/RelatedEntityInd0true
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IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0244189
IRS990ScheduleA/CertificationInd0X
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IRS990ScheduleA/ContributionControllerInd0false
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0297476
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10ST CLAIR COUNTY COMMUNITY COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine20ST CLAIR COUNTY COMMUNITY COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd0true
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050638
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04818903
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0282398
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0535774
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06774
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03695066
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0855602
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04539949
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0330858
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt05604
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IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
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IRS990ScheduleD/EquipmentGrp/BookValueAmt04803
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07205
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012008
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt032938
IRS990ScheduleD/ExpensesSubtotalAmt0361547
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt032938
IRS990ScheduleD/InvestmentExpensesNotIncldAmt032938
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0397378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SC4 ALUMNI
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0777383
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1745292
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2724784
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3716471
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4574655
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt5428373
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt6247951
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt751291
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt850660
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt949838
IRS990ScheduleD/OtherSecuritiesGrp/Desc0T ROWE PRICE EQUITY INCOME FD
IRS990ScheduleD/OtherSecuritiesGrp/Desc1FIDELITY ADV NEW INSIGHTS-I
IRS990ScheduleD/OtherSecuritiesGrp/Desc2PIMCO TOTAL RETURN FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3TOUCHSTONE ULTRA SHORT DUR FIX INT
IRS990ScheduleD/OtherSecuritiesGrp/Desc4T ROWE HIGH YIELD FD-INV
IRS990ScheduleD/OtherSecuritiesGrp/Desc5T ROWE PRICE RL EST FUND (122)
IRS990ScheduleD/OtherSecuritiesGrp/Desc6PIMCO REAL RETURN FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc7TEMPLTON INCOME TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc8TOUCHSTONE FLEXIBLE INCOME FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc9EATON VANCE MUT FDS TR
IRS990ScheduleD/OtherSecuritiesGrp/Desc10T ROWE PRICE US TREASURY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.66$0.06$8.60$0.01$0.23$0.22
2024Detailed filing. Detailed filing data is available for this year.$7.97$0.25$7.72$0.02$0.46$0.43
2023Detailed filing. Detailed filing data is available for this year.$7.47$0.26$7.21$0.01$0.45$0.44
2022Detailed filing. Detailed filing data is available for this year.$6.93$0.16$6.77$0.56$0.31$0.25
2021Detailed filing. Detailed filing data is available for this year.$7.74$0.14$7.60$0.00$0.32$0.31
2020Detailed filing. Detailed filing data is available for this year.$6.35$0.19$6.16$0.18$0.44$0.27
2019Detailed filing. Detailed filing data is available for this year.$6.57$0.10$6.46$0.29$0.38$0.09
2018Detailed filing. Detailed filing data is available for this year.$6.62$0.12$6.50$0.43$0.27$0.16
2017Detailed filing. Detailed filing data is available for this year.$6.36$0.13$6.23$0.31$0.78$0.47
2016Detailed filing. Detailed filing data is available for this year.$6.40$0.12$6.28$0.37$0.74$0.38
2015Detailed filing. Detailed filing data is available for this year.$6.77$0.13$6.64$0.62$0.28$0.34
2014Detailed filing. Detailed filing data is available for this year.$7.29$0.17$7.12$1.33$0.39$0.94
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.95$0.16$5.79$1.02$0.38$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.13$0.29$4.84$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.15$0.10$5.04$0.15
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$0.00$3.23$0.09