Civic Intelligence

Ann Arbor Area Community Foundation

990 • Fiscal year 2018 • EIN 38-6087967

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 29, 2019

Organization ProfileWWW.AAACF.ORG

View Organization Page

301 N Main St No 300Ann Arbor, MI 48104

(734) 663-0401

Siviq Scores

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

Liabilities / Assets

10th percentile

0.02x

Higher debt load relative to assets than 10% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.19x

Higher debt load relative to revenue than 26% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Net Margin

51st percentile

4.2%

Higher net margin than 51% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Top Officer Pay

8th percentile

$171,389

Higher top officer pay than 8% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2018

Asset Growth

12th percentile

-5.6%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-78%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets10th percentile

Assets

Down

$127,367,298

Down $7,538,739 (-5.6%) from 2017

Net Assets

Down

$125,433,416

Down $8,440,224 (-6.3%) from 2017

Liabilities

Up

$1,933,882

Up $901,485 (+87%) from 2017

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin51st percentile

Revenue

Down

$10,250,703

Down $36,237,008 (-78%) from 2017

Expenses

Up

$9,819,853

Up $3,544,558 (+56%) from 2017

Net Income

Down

$430,850

Down $39,781,566 (-99%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$300M$200M$100M$0Assets 2010: $58,669,132Liabilities 2010: $1,486,339Net Assets 2010: $57,182,7932010Assets 2011: $57,032,280Liabilities 2011: $1,540,540Net Assets 2011: $55,491,7402011Assets 2012: $65,836,932Liabilities 2012: $1,663,253Net Assets 2012: $64,173,6792012Assets 2013: $75,565,322Liabilities 2013: $1,130,547Net Assets 2013: $74,434,7752013Assets 2014: $77,656,338Liabilities 2014: $976,472Net Assets 2014: $76,679,8662014Assets 2015: $75,600,487Liabilities 2015: $941,990Net Assets 2015: $74,658,4972015Assets 2016: $101,430,277Liabilities 2016: $19,037,846Net Assets 2016: $82,392,4312016Assets 2017: $134,906,037Liabilities 2017: $1,032,397Net Assets 2017: $133,873,6402017Assets 2018: $127,367,298Liabilities 2018: $1,933,882Net Assets 2018: $125,433,4162018Assets 2019: $147,478,204Liabilities 2019: $1,426,169Net Assets 2019: $146,052,0352019Assets 2020: $177,501,252Liabilities 2020: $965,662Net Assets 2020: $176,535,5902020Assets 2021: $219,428,649Liabilities 2021: $6,035,750Net Assets 2021: $213,392,8992021Assets 2022: $186,101,503Liabilities 2022: $5,234,967Net Assets 2022: $180,866,5362022Assets 2023: $208,073,440Liabilities 2023: $6,295,845Net Assets 2023: $201,777,5952023Assets 2024: $227,205,548Liabilities 2024: $6,751,825Net Assets 2024: $220,453,7232024

Highlighted filing

2018

Assets$127,367,298
Liabilities$1,933,882
Net Assets$125,433,416
Open 2018 Filing

Operations Trend

Revenue Growth1st percentile

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

$60M$40M$20M$0-$20MRevenue 2010: $9,075,485Expenses 2010: $2,794,415Net Income 2010: $6,281,0702010Revenue 2011: $4,415,488Expenses 2011: $3,524,685Net Income 2011: $890,8032011Revenue 2012: $7,121,222Expenses 2012: $3,345,449Net Income 2012: $3,775,7732012Revenue 2013: $7,988,128Expenses 2013: $4,338,193Net Income 2013: $3,649,9352013Revenue 2014: $9,061,564Expenses 2014: $6,274,649Net Income 2014: $2,786,9152014Revenue 2015: $5,334,649Expenses 2015: $4,581,797Net Income 2015: $752,8522015Revenue 2016: $8,658,077Expenses 2016: $5,377,906Net Income 2016: $3,280,1712016Revenue 2017: $46,487,711Expenses 2017: $6,275,295Net Income 2017: $40,212,4162017Revenue 2018: $10,250,703Expenses 2018: $9,819,853Net Income 2018: $430,8502018Revenue 2019: $9,871,402Expenses 2019: $8,292,546Net Income 2019: $1,578,8562019Revenue 2020: $22,445,696Expenses 2020: $10,573,509Net Income 2020: $11,872,1872020Revenue 2021: $31,760,954Expenses 2021: $13,783,733Net Income 2021: $17,977,2212021Revenue 2022: $23,281,932Expenses 2022: $13,519,607Net Income 2022: $9,762,3252022Revenue 2023: $10,246,540Expenses 2023: $13,318,645Net Income 2023: -$3,072,1052023Revenue 2024: $22,654,824Expenses 2024: $14,740,954Net Income 2024: $7,913,8702024

Highlighted filing

2018

Revenue$10,250,703
Expenses$9,819,853
Net Income$430,850
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 29, 2019
Return Version
2018v3.1
Gross Receipts
$40,646,876
Mission and Program Overview

Mission

Aaacf enriches the quality of life in washtenaw county through permanent community capital contributed by citizens. Proceeds from endowed funds are distributed as grants for local nonprofits and scholarships.

Aaacf distributes proceeds from its permanent endowed funds to washtenaw county charitable orgs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$69,823,594$68,096,859▼ $1,726,735
Investments Other Securities$54,279,277$51,062,984▼ $3,216,293
Savings and Temporary Cash Investments$4,650,939$2,869,040▼ $1,781,899
Land, Buildings, and Equipment, Net$1,147,594$1,107,010▼ $40,584
Pledges and Grants Receivable$320,798$264,662▼ $56,136
Total Assets$134,906,037$127,367,298▼ $7,538,739
Other Assets Total$4,683,835$3,966,743▼ $717,092
Liabilities
Grants Payable$216,822$1,196,496▲ $979,674
Other Liabilities$631,128$660,904▲ $29,776
Accounts Payable and Accrued Expenses$39,596$58,340▲ $18,744
Escrow Account Liability$144,851$18,142▼ $126,709
Total Liabilities$1,032,397$1,933,882▲ $901,485
Net Assets / Fund Balance
Unrestricted Net Assets$129,445,892$121,750,547▼ $7,695,345
Temporarily Rstr Net Assets$4,427,748$3,682,869▼ $744,879
Total Net Assets Fund Balance$133,873,640$125,433,416▼ $8,440,224
Total Liabilities and Net Assets / Fund Balance$134,906,037$127,367,298▼ $7,538,739

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,032,972$324,579$1,357,551
Equipment$74,038$261,282$335,320
Other Securities$51,062,984--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$129,445,892$7,050,569▼ $5,462,055$753,827$121,702,588
2017$80,347,418$40,899,123▲ $14,474,642$596,071$129,445,892
2016$72,361,426$6,416,385▲ $6,947,517$507,453$80,347,418
2015$75,392,671$2,362,985▼ $812,433$405,090$72,361,426
2014$72,878,149$3,868,690▲ $4,920,487$367,933$75,392,671
Compensation and Service Providers
Top Officer Pay8th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Neelav HajraPresident/CEOFT$157,196$14,193$171,389
Shelley StricklandVP of Donor ServicesFT$110,726$21,275$132,001
Jillian RosenVP of Community InvestmentFT$92,876$20,781$113,657
James HunterChief Financial OfficerFT$104,402$6,970$111,372

Board Members and Trustees

NameTitle
Tim WadhamsChair
Doug WeberVice-chair
Ann DavisMember
Betsy PetoskeyMember
Jeffrey HauptmanMember
Karen AndrewsMember
Linh SongMember
Michael StaeblerMember
Michelle CrummMember
Nancy MargolisMember
Robert LavertyMember
Sean DuvalMember
Aaron DworkinMember - Partial Year
Athul NairMember - Partial Year
Brian CampbellMember - Partial Year
Brynne HingleMember - Partial Year
George BorelMember - Partial Year
Kiana BarfieldMember - Partial Year
Paul SchuttMember- Partial Year
Marie DeveneySecretary
Cynthia ByrneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,221,951
Program Service Revenue
$0
Investment Income
$3,028,752
Other Revenue
$0
All Other Contributions
$7,221,951
Change in Net Assets
$430,850

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded26$1,300,890Quoted Market Price
Total Noncash Contributions26$1,300,890-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,786,508
Revenue Not Reported on Financial Statements
$1,464,195
Revenue Not Reported on Form 990
$-8,685,576
Other Revenue Adjustments
$1,016,546
Total Revenue per Audited Statements
$100,932
Total Revenue per Form 990
$10,250,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,471,726
Other Expenses$1,294,813
Salaries, Compensation, and Employee Benefits$1,053,314
Total Fundraising Expense$479,145
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,471,726--$7,471,726
Current Officers, Directors, Trustees, and Key Employees$193,821$222,387$112,211$528,419
Fees for Service Investment Mgmnt Fees$447,649--$447,649
Other Salaries and Wages$135,362$155,311$78,367$369,040
Fees for Services Other$48,941$43,955-$92,896
Other Expenses$37,635$3,300$33,791$74,726
Payroll Taxes$24,078$27,627$13,940$65,645
Other Employee Benefits$20,958$24,047$12,134$57,139
All Other Expenses$3,658$12,517$40,212$56,387
Depreciation Depletion$21,243$24,526$10,235$56,004
Office Expenses$13,518$17,589$10,232$41,339
Occupancy$14,012$16,178$6,751$36,941
Conferences and Meetings$7,265$19,213$10,098$36,576
Pension Plan Contributions$12,130$13,918$7,023$33,071
Fees for Services Accounting-$31,725-$31,725
Advertising$150$559$30,529$31,238
Fees for Services Legal$24,220--$24,220
Information Technology$3,991$4,608$9,673$18,272
Insurance-$8,097-$8,097
Total Functional Expenses$8,673,202$667,506$479,145$9,819,853

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$9,819,853
Expenses per Audited Statements$9,253,953
Total Expenses per Audited Statements$9,253,953
Expenses Not Reported on Financial Statements$565,900
Other Expense Adjustments$118,251
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Canton Community FoundationCanton, MIN/aMultiple Program Support$1,023,301
Michigan Medicine Office of Development University of MichiganAnn Arbor, MIN/aMultiple Program Support$595,593
Fidelity CharitableCincinnati, MIN/aMultiple Program Support$400,000
Humane Society of Huron ValleyAnn Arbor, MI501(c)(3)Multiple Program Support$239,348
Catholic Social Services of Washtenaw CountyAnn Arbor, MI501(c)(3)Multiple Program Support$224,656
Washtenaw Futures College Access NetworkAnn Arbor, MI501(c)(3)Multiple Program Support$194,411
Jewish Family Services of Washtenaw CountyAnn Arbor, MI501(c)(3)Multiple Program Support$151,179
Berkshire Humane SocietyPittsfield, MA501(c)(3)General Operating Support$127,636
University Musical SocietyAnn Arbor, MI501(c)(3)Multiple Program Support$113,573
Community Action NetworkAnn Arbor, MI501(c)(3)Multiple Program Support$96,128
Neutral ZoneAnn Arbor, MI501(c)(3)Multiple Program Support$88,000
Ypsilanti Meals on WheelsYpsilanti, MI501(c)(3)Multiple Program Support$85,000
Ann Arbor Art Association Dba Ann Arbor Art CenterAnn Arbor, MI501(c)(3)Multiple Program Support$83,417
Avalon Housing IncAnn Arbor, MI501(c)(3)Multiple Program Support$76,216
Washtenaw Community College FoundationAnn Arbor, MI501(c)(3)Scholarship Support$71,850
Kids Against Hunger CoalitionWixom, MI501(c)(3)Multiple Program Support$70,000
Ozone House IncAnn Arbor, MI501(c)(3)Multiple Program Support$64,971
Huron River Watershed CouncilAnn Arbor, MI501(c)(3)Multiple Program Support$64,080
Eastern Michigan University - Financial Aid OfficeYpsilanti, MI501(c)(3)Scholarship Support$62,480
Nonprofit Enterprise at WorkAnn Arbor, MI501(c)(3)Multiple Program Support$62,000
ELE'S PLACEAnn Arbor, MI501(c)(3)Multiple Program Support$60,650
Friends in DeedYpsilanti, MI501(c)(3)Multiple Program Support$59,691
Ann Arbor YmcaAnn Arbor, MI501(c)(3)Multiple Program Support$58,492
Michigan Theater Foundation IncAnn Arbor, MI501(c)(3)Multiple Program Support$57,608
Glacier Hills FoundationAnn Arbor, MI501(c)(3)Scholarship Support$51,100
Ann Arbor Public SchoolsAnn Arbor, MI501(c)(3)Multiple Program Support$50,920
Girls GroupAnn Arbor, MI501(c)(3)Multiple Program Support$50,500
Family Learning InstituteAnn Arbor, MI501(c)(3)Multiple Program Support$50,166
Pendragon TheatreSaranac Lake, NYN/aMultiple Program Support$50,000
University of CaliforniaBerkeley, CA501(c)(3)Multiple Program Support$50,000
University of GeorgiaAthens, GAN/aScholarship Support$50,000
Synod Community ServicesYpsilanti, MI501(c)(3)Multiple Program Support$49,100
Ann Arbor Academy IncAnn Arbor, MI501(c)(3)General Operating Support & Scholarship Support$49,000
Shelter Association of Washtenaw CountyAnn Arbor, MI501(c)(3)Multiple Program Support$48,136
Marshfield ClinicMarshfield, WI501(c)(3)Multiple Program Support$46,877
Planned Parenthood of MichiganAnn Arbor, MI501(c)(3)Multiple Program Support$42,100
St Joseph Mercy Health SystemAnn Arbor, MI501(c)(3)Multiple Program Support$42,093
Big Brothersbig Sisters of Washtenaw CountyYpsilanti, MI501(c)(3)Multiple Program Support$38,856
CulturesourceDetroit, MIN/aMultiple Program Support$38,000
Washtenaw Community College FaoAnn Arbor, MI501(c)(3)Scholarship Support$36,800
United Way of Washtenaw CountyAnn Arbor, MI501(c)(3)Multiple Program Support$36,681
Area Agency on AgingSouthfield, MI501(c)(3)General Operating Support$36,625
Chelsea Senior CenterChelsea, MIN/aMultiple Program Support$35,000
Hometown Foundation IncCheshire, CT501(c)(3)General Operating Support$35,000
SnowbuddyAnn Arbor, MI501(c)(3)Multiple Program Support$33,665
Eastern Michigan University FoundationYpsilanti, MI501(c)(3)Scholarship Support$33,417
Food GatherersAnn Arbor, MI501(c)(3)General Operating Support$31,500
First Presbyterian ChurchAnn Arbor, MI501(c)(3)Multiple Program Support$30,000
Milan Seniors for Healthy LivingMilan, MI501(c)(3)Multiple Program Support$30,000
The ArkAnn Arbor, MI501(c)(3)Multiple Program Support$29,500
Foundations Preschool of Ann ArborAnn Arbor, MI501(c)(3)Multiple Program Support$28,700
Ann Arbor Center for Independent LivingAnn Arbor, MI501(c)(3)Multiple Program Support$28,408
Office of Community Economic Development - Barrier BustersYpsilanti, MI501(c)(3)Multiple Program Support$27,000
Tennessee State University FoundationNashville, TNN/aScholarship Support$26,842
Michigan Ability PartnersAnn Arbor, MI501(c)(3)General Operating Support$25,000
826 MichiganAnn Arbor, MI501(c)(3)Multiple Program Support$23,166
The United Methodist Retirement Communities FoundationChelsea, MI501(c)(3)General Operating Support$22,000
Michigan State University - Office of Financial AidEast Lansing, MI501(c)(3)Scholarship Support$21,995
The Ragdale FoundationLake Forest, IL501(c)(3)General Operating Support$20,000
Trinity Health at HomeLivonia, MI501(c)(3)Multiple Program Support$20,000
Safehouse CenterAnn Arbor, MI501(c)(3)Multiple Program Support$19,817
Cleary UniversityHowell, MI501(c)(3)Scholarship Support$19,403
Student Advocacy Center of MichiganYpsilanti, MI501(c)(3)Multiple Program Support$18,763
Ecology CenterAnn Arbor, MI501(c)(3)General Operating Support$18,400
Ann Arbor Symphony OrchestraAnn Arbor, MI501(c)(3)General Operating Support$18,000
Ann Arbor Hands-on MuseumAnn Arbor, MI501(c)(3)Multiple Program Support$17,750
Best Buddies International IncMiami, FLN/aMultiple Program Support$17,500
Washtenaw Area Council for ChildrenYpsilanti, MI501(c)(3)Multiple Program Support$17,423
Washtenaw Health Plan CorporatioYpsilanti, MI501(c)(3)General Operating Support$17,250
West Side United Methodist ChurchAnn Arbor, MI501(c)(3)Multiple Program Support$17,084
Susquehanna UniversitySelinsgrove, PA501(c)(3)Scholarship Support$17,000
Habitat for Humanity of Huron ValleyAnn Arbor, MI501(c)(3)General Operating Support$16,450
Aclu FoundationNew York, NY501(c)(3)Multiple Program Support$16,000
Cancer Support CommunityAnn Arbor, MI501(c)(3)General Operating Support$16,000
Arbor Hospice FoundationAnn Arbor, MI501(c)(3)Multiple Program Support$15,594
Grand Valley State UniversityAllendale, MI501(c)(3)Scholarship Support$15,400
Greenhills SchoolAnn Arbor, MI501(c)(3)Multiple Program Support$15,124
Emerson SchoolAnn Arbor, MI501(c)(3)Scholarship Support$15,000
Ypsilanti Senior CenterYpsilanti, MI501(c)(3)Multiple Program Support$15,000
Ann Arbor Summer FestivalAnn Arbor, MI501(c)(3)Multiple Program Support$14,480
Corner Health CenterYpsilanti, MI501(c)(3)Multiple Program Support$14,271
Peace Neighborhood CenterAnn Arbor, MI501(c)(3)Multiple Program Support$13,641
First United Methodist ChurchAnn Arbor, MI501(c)(3)Multiple Program Support$13,400
Detroit Institute of ArtsDetroit, MI501(c)(3)Multiple Program Support$13,131
Ella Sharp MuseumJackson, MI501(c)(3)Multiple Program Support$13,131
The Potters GuildAnn Arbor, MI501(c)(3)Multiple Program Support$13,131
Bird Center of Washtenaw County IncAnn Arbor, MI501(c)(3)General Operating Support$12,500
Council of Michigan FoundationsGrand Haven, MI501(c)(3)Multiple Program Support$12,200
Hope Medical Clinic IncYpsilanti, MI501(c)(3)Multiple Program Support$12,182
Boys and Girls Clubs of Southeastern MichiganFarmington Hills, MI501(c)(3)Multiple Program Support$11,650
Aaps Science & Environment Education EndowmentAnn Arbor, MI501(c)(3)Multiple Program Support$11,071
American Legion Saline Post 322Saline, MI501(c)(3)General Operating Support$11,000
Business Alliance for Local Living Economies (balle)Oakland, CAN/aMultiple Program Support$11,000
Summer Camp ScholarshipsAnn Arbor, MI501(c)(3)Scholarship Support$11,000
Daycroft Montessori SchoolAnn Arbor, MI501(c)(3)Multiple Program Support$10,759
American Red Cross - NationalBoone, IA501(c)(3)Multiple Program Support$10,700
Aid in Milan IncMilan, MI501(c)(3)General Operating Support$10,000
Child Care NetworkAnn Arbor, MI501(c)(3)General Operating Support$10,000
Haiti Nursing FoundationAnn Arbor, MI501(c)(3)General Operating Support$10,000
Michigan Fitness FoundationChelsea, MI501(c)(3)Multiple Program Support$10,000
Purple Rose TheatreChelsea, MI501(c)(3)Multiple Program Support$10,000
Walnut Hill SchoolNatick, MA501(c)(3)Scholarship Support$10,000
Washtenaw Housing AllianceAnn Arbor, MI501(c)(3)Multiple Program Support$10,000
Northeastern Minnesotans for WildernessEly, MN501(c)(3)Multiple Program Support$9,000
Boy Scouts of America - Troop 5 Ann ArborAnn Arbor, MI501(c)(3)Multiple Program Support$8,923
Ypsilanti District LibraryYpsilanti, MI501(c)(3)Multiple Program Support$8,835
Legacy Land ConservancyAnn Arbor, MI501(c)(3)Multiple Program Support$8,487
Kalamazoo CollegeKalamazoo, MI501(c)(3)General Operating Support$7,750
Legal Services of South Central MichiganYpsilanti, MI501(c)(3)General Operating Support$7,626
St John the Evangelist ParishJackson, MI501(c)(3)Multiple Program Support$7,200
Washtenaw LiteracyYpsilanti, MI501(c)(3)Multiple Program Support$7,067
Girls Scouts Heart of MichiganYpsilanti, MI501(c)(3)Multiple Program Support$7,000
Howard UniversityWashington, DC501(c)(3)General Operating Support$7,000
Washtenaw Association for Community AdvocacyAnn Arbor, MI501(c)(3)Multiple Program Support$6,866
Ann Arbor Film FestivalAnn Arbor, MI501(c)(3)General Operating Support$6,864
Stanford UniversityStanford, CA501(c)(3)General Operating Support$6,400
Trinity Lutheran ChurchJackson, MI501(c)(3)Multiple Program Support$6,400
Kerrytown Concert HouseAnn Arbor, MI501(c)(3)Multiple Program Support$6,000
Nami Washtenaw CountyAnn Arbor, MI501(c)(3)Multiple Program Support$5,815
Therapeutic Riding IncAnn Arbor, MI501(c)(3)General Operating Support$5,750
Riverside Arts Center FoundationYpsilanti, MI501(c)(3)Multiple Program Support$5,500
Honey Creek Community SchoolAnn Arbor, MI501(c)(3)General Operating Support$5,325
Starry Skies Equine Rescue and SanctuaryAnn Arbor, MI501(c)(3)General Operating Support$5,160
ST ANDREW'S EPISCOPAL CHURCHAnn Arbor, MI501(c)(3)General Operating Support$5,120
Dispute Resolution Center of Michigan IncAnn Arbor, MI501(c)(3)Multiple Program Support$5,070
AksharaAnn Arbor, MI501(c)(3)Scholarship Support$5,000
American University of Paris Foundation IncRockville Centre, NY501(c)(3)Multiple Program Support$5,000
Detroit Historical SocietyDetroit, MI501(c)(3)Multiple Program Support$5,000
Great Lakes Burn CampJackson, MIN/aGeneral Operating Support$5,000
Haitian Health FoundationNorwich, CT501(c)(3)General Operating Support$5,000
Ihm SistersMonroe, MI501(c)(3)General Operating Support$5,000
Michigan Humane SocietyBingham Hills, MI501(c)(3)Multiple Program Support$5,000
Michigan Organization on Adolescent Sexual HealthEast Lansing, MIN/aGeneral Operating Support$5,000
Michigan PhilharmonicPlymouth, MI501(c)(3)General Operating Support$5,000
Riverfolk Music and Arts FestivalManchester, MI501(c)(3)Multiple Program Support$5,000
Sos Community ServicesYpsilanti, MI501(c)(3)Multiple Program Support$5,000
Stand With TransFarmington Hills, MIN/aGeneral Operating Support$5,000
Theatre NovaAnn Arbor, MI501(c)(3)General Operating Support$5,000
Wonderfool Productions (festifools)Ann Arbor, MI501(c)(3)Multiple Program Support$5,000

International Summary

Offices
0
Employees
0
Spending
$14,639,517

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$14,639,517
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability of Life Beneficiaries of Planned Gifts$530,137
Annuity Payable$130,767
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Other officer compensation reviewed
Yes
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

“Prior to filing, a complete copy of form 990 and form 990t, including schedule b, is reviewed by the board of trustees. Additionally, form 990 and form 990t are distributed to the investment and finance committee, excluding schedule b, and also to the audit committee.”

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

“In the event a board member has a conflict of interest with respect to a matter before the board, that member is required to abstain from voting on that issue.”

Form 990, Part VI, Section B, Line 15

“The trustee committee annually reviews the compensation of the ceo using comparability data, and contemporaneously substantiates its deliberations and decision. The trustee committee annually reviews all other staff compensation at the same time. The trustee committee then presents its ceo compensation findings and recommendations to the board for approval. The ceo reviews the compensation of all other staff using comparability data. The general compensation pool available to the ceo for allocation to staff is reviewed and approved by the investment & finance committee and then the board as part of the annual budgeting process.”

Form 990, Part VI, Section C, Line 19

“Governing documents and policies are available upon request. Financial statements are available on the organization's website, aaacf.org. Form 990 is available on guidestar.org and aaacf.org.”

Filing and Contact Details

Filer

Filer Name
Ann Arbor Area Community Foundation
EIN
38-6087967
Phone
7346630401
Address
301 N MAIN ST NO 300, ANN ARBOR, MI 48104

Signing Officer

Name
Neelav Hajra
Title
President
Phone
7346630401
Signed
2019-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neelav Hajra
Formed
1963
Legal Domicile
Mi
Voting Board Members
17
Independent Board Members
17
Employees
13
Volunteers
305

Preparer

Firm
Plante & Moran Pllc
Address
2601 CAMBRIDGE CT STE 500, AUBURN HILLS, MI 48326
Preparer
Tina Peters
Phone
2483757100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of charitable remainder trust: -101,242. Change in value of deferred gifts receivable -101,041. Adjustment to agency account balance 49,870.”

Financial Statement Notes

PART IV, LINE 2B:

“During 2016, the community foundation entered into an agreement with glacier hills, inc. (glacier hills) and trinity continuing care services (dba trinity senior living communities) (trinity) to temporarily hold the charitable assets generated through the acquisition of the membership interest in glacier hills by trinity. Due to the conditions of the agreement, the transfer was considered an agency transaction and the assets received were recorded as nonendowed assets held for others. In september 2017, these funds were contributed to aaacf, forming two new funds: a permanent endowed fund focused on improving the lives of senior citizens in our county, and a temporary fund established to promote a prize competition to encourage innovation in the same field.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in value of charitable remainder trust -101,242. Change in value of deferred gifts receivable -101,041. Agency endowment fund realized gain - sfas 136 -22,825. Agency endowment fund unrealized loss - sfas 136 237,292. Agency endowment fund investment fee - sfas 136 20,901.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Agency endowment fund grant income - sfas 136 971,408. Agency endowment fund investment income - sfas 136 45,138.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Agency endowment fund grant expense 108,442. Agency endowment fund miscellaneous expense 9,809.”

PART V, LINE 4:

“Beginning with the 2009 reporting year, the community foundation's board of trustees determined that assets that would qualify as donor-restricted endowments, but for the foundation's variance power, should be classified as board-designated assets. These are included in the percent reported on schedule d, part v, line 2a. The intended use of the funds is determined by the donors, and the investment and spending policies are determined by the board, following the uniform prudent management of institutional funds act (upmifa).”

Raw XML AppendixShowing 400 of 1,983 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt039596
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt058340
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AAACF DISTRIBUTES PROCEEDS FROM ITS PERMANENT ENDOWED FUNDS TO WASHTENAW COUNTY CHARITABLE ORGS.
IRS990/AdvertisingGrp/FundraisingAmt030529
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0559
IRS990/AdvertisingGrp/ProgramServicesAmt0150
IRS990/AdvertisingGrp/TotalAmt031238
IRS990/AllOtherContributionsAmt07221951
IRS990/AllOtherExpensesGrp/FundraisingAmt040212
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt012517
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03658
IRS990/AllOtherExpensesGrp/TotalAmt056387
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0NEELAV HAJRA
IRS990/BooksInCareOfDetail/PhoneNum07346630401
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 N MAIN ST STE 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0ANN ARBOR
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048104
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt0112211
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0222387
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0193821
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0528419
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt010098
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt019213
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt07265
IRS990/ConferencesMeetingsGrp/TotalAmt036576
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd01
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt07221951
IRS990/CYGrantsAndSimilarPaidAmt07471726
IRS990/CYInvestmentIncomeAmt03028752
IRS990/CYOtherExpensesAmt01294813
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0430850
IRS990/CYSalariesCompEmpBnftPaidAmt01053314
IRS990/CYTotalExpensesAmt09819853
IRS990/CYTotalFundraisingExpenseAmt0479145
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt010250703
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt010235
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt024526
IRS990/DepreciationDepletionGrp/ProgramServicesAmt021243
IRS990/DepreciationDepletionGrp/TotalAmt056004
IRS990/Desc0AAACF FULFILLS ITS EXEMPT PURPOSE BY GRANTING FUNDS TO A VARIETY OF TAX-EXEMPT ORGANIZATIONS PRIMARILY IN THE WASHTENAW COUNTY AREA THROUGH A COMPETITIVE PROCESS DETERMINED BY STAFF AND COMMUNITY LEADERS. SINCE ITS FOUNDING MORE THAN A HALF CENTURY AGO, OVER $57 MILLION HAS BEEN DISTRIBUTED THROUGH 12,000+ GRANTS AND SCHOLARSHIPS. SIGNATURE PROGRAMS INCLUDE COORDINATED FUNDING FOR HUMAN SERVICE ORGANIZATIONS, A COMMUNITY SCHOLARSHIP PROGRAM TO INCENTIVIZE COLLEGE DEGREE ATTAINMENT BY LOCAL STUDENTS, AND CULTURAL ECONOMIC DEVELOPMENT GRANTS TO PROMOTE ARTS AND CULTURE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt013
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt0144851
IRS990/EscrowAccountLiabilityGrp/EOYAmt018142
IRS990/ExpenseAmt08673202
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031725
IRS990/FeesForServicesAccountingGrp/TotalAmt031725
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt024220
IRS990/FeesForServicesLegalGrp/TotalAmt024220
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt043955
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt048941
IRS990/FeesForServicesOtherGrp/TotalAmt092896
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt0447649
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0447649
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt04.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2245.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2345.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt2445.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2114193
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2221275
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt236970
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2420781
IRS990/Form990PartVIISectionAGrp/PersonNm0TIM WADHAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1DOUG WEBER
IRS990/Form990PartVIISectionAGrp/PersonNm2CYNTHIA BYRNE
IRS990/Form990PartVIISectionAGrp/PersonNm3MARIE DEVENEY
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE BOREL
IRS990/Form990PartVIISectionAGrp/PersonNm5KAREN ANDREWS
IRS990/Form990PartVIISectionAGrp/PersonNm6BRIAN CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFFREY HAUPTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8MICHELLE CRUMM
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT LAVERTY
IRS990/Form990PartVIISectionAGrp/PersonNm10NANCY MARGOLIS
IRS990/Form990PartVIISectionAGrp/PersonNm11ANN DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm12SEAN DUVAL
IRS990/Form990PartVIISectionAGrp/PersonNm13BRYNNE HINGLE
IRS990/Form990PartVIISectionAGrp/PersonNm14PAUL SCHUTT
IRS990/Form990PartVIISectionAGrp/PersonNm15BETSY PETOSKEY
IRS990/Form990PartVIISectionAGrp/PersonNm16MICHAEL STAEBLER
IRS990/Form990PartVIISectionAGrp/PersonNm17LINH SONG
IRS990/Form990PartVIISectionAGrp/PersonNm18ATHUL NAIR
IRS990/Form990PartVIISectionAGrp/PersonNm19KIANA BARFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm20AARON DWORKIN
IRS990/Form990PartVIISectionAGrp/PersonNm21NEELAV HAJRA
IRS990/Form990PartVIISectionAGrp/PersonNm22SHELLEY STRICKLAND
IRS990/Form990PartVIISectionAGrp/PersonNm23JAMES HUNTER
IRS990/Form990PartVIISectionAGrp/PersonNm24JILLIAN ROSEN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21157196
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22110726
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt23104402
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2492876
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER - PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER - PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER - PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER- PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER - PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER - PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER - PARTIAL YEAR
IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP OF DONOR SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt23CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt24VP OF COMMUNITY INVESTMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01963
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0972306
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantAmt07471726
IRS990/GrantsPayableGrp/BOYAmt0216822
IRS990/GrantsPayableGrp/EOYAmt01196496
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt07471726
IRS990/GrantsToDomesticOrgsGrp/TotalAmt07471726
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt031368479
IRS990/GrossReceiptsAmt040646876
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt09673
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04608
IRS990/InformationTechnologyGrp/ProgramServicesAmt03991
IRS990/InformationTechnologyGrp/TotalAmt018272
IRS990/InsuranceGrp/ManagementAndGeneralAmt08097
IRS990/InsuranceGrp/TotalAmt08097
IRS990/InvestmentIncomeGrp/ExclusionAmt01912718
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02056446
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0143728
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt054279277
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt051062984
IRS990/InvestmentsPubTradedSecGrp/BOYAmt069823594
IRS990/InvestmentsPubTradedSecGrp/EOYAmt068096859
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0585861
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01147594
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01107010
IRS990/LandBldgEquipCostOrOtherBssAmt01692871
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt030396173
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AAACF ENRICHES THE QUALITY OF LIFE IN WASHTENAW COUNTY THROUGH PERMANENT COMMUNITY CAPITAL CONTRIBUTED BY CITIZENS. PROCEEDS FROM ENDOWED FUNDS ARE DISTRIBUTED AS GRANTS FOR LOCAL NONPROFITS AND SCHOLARSHIPS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0133873640
IRS990/NetAssetsOrFundBalancesEOYAmt0125433416
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0972306
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0972306
IRS990/NetUnrelatedBusTxblIncmAmt0-179124
IRS990/NetUnrlzdGainsLossesInvstAmt0-8718661
IRS990/NoncashContributionsAmt01300890
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt06751
IRS990/OccupancyGrp/ManagementAndGeneralAmt016178
IRS990/OccupancyGrp/ProgramServicesAmt014012
IRS990/OccupancyGrp/TotalAmt036941
IRS990/OfficeExpensesGrp/FundraisingAmt010232
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017589
IRS990/OfficeExpensesGrp/ProgramServicesAmt013518
IRS990/OfficeExpensesGrp/TotalAmt041339
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04683835
IRS990/OtherAssetsTotalGrp/EOYAmt03966743
IRS990/OtherChangesInNetAssetsAmt0-152413
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012134
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024047
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020958
IRS990/OtherEmployeeBenefitsGrp/TotalAmt057139
IRS990/OtherExpensesGrp/Desc0COMMUNITY LEADERSHIP
IRS990/OtherExpensesGrp/Desc1TECH LICENSES & FEES
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3DONOR DEVELOPMENT
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt123577
IRS990/OtherExpensesGrp/FundraisingAmt280372
IRS990/OtherExpensesGrp/FundraisingAmt333791
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0-1367
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt143316
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33300
IRS990/OtherExpensesGrp/ProgramServicesAmt0152806
IRS990/OtherExpensesGrp/ProgramServicesAmt140039
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt337635
IRS990/OtherExpensesGrp/TotalAmt0151439
IRS990/OtherExpensesGrp/TotalAmt1106932
IRS990/OtherExpensesGrp/TotalAmt280372
IRS990/OtherExpensesGrp/TotalAmt374726
IRS990/OtherLiabilitiesGrp/BOYAmt0631128
IRS990/OtherLiabilitiesGrp/EOYAmt0660904
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt078367
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0155311
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0135362
IRS990/OtherSalariesAndWagesGrp/TotalAmt0369040
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013940
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt027627
IRS990/PayrollTaxesGrp/ProgramServicesAmt024078
IRS990/PayrollTaxesGrp/TotalAmt065645
IRS990/PensionPlanContributionsGrp/FundraisingAmt07023
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013918
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012130
IRS990/PensionPlanContributionsGrp/TotalAmt033071
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0320798

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$127,367,298
Liabilities
$1,933,882
Net assets
$125,433,416
Revenue
$10,250,703
Expenses
$9,819,853
Net income
$430,850
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$227$6.75$220$22.7$14.7$7.91
2023Detailed filing. Detailed filing data is available for this year.$208$6.30$202$10.2$13.3$3.07
2022Detailed filing. Detailed filing data is available for this year.$186$5.23$181$23.3$13.5$9.76
2021Detailed filing. Detailed filing data is available for this year.$219$6.04$213$31.8$13.8$18.0
2020Detailed filing. Detailed filing data is available for this year.$178$0.97$177$22.4$10.6$11.9
2019Detailed filing. Detailed filing data is available for this year.$147$1.43$146$9.87$8.29$1.58
2018Detailed filing. Detailed filing data is available for this year.$127$1.93$125$10.3$9.82$0.43
2017Detailed filing. Detailed filing data is available for this year.$135$1.03$134$46.5$6.28$40.2
2016Summary only. Only limited summary data is available for this year.$101$19.0$82.4$8.66$5.38$3.28
2015Summary only. Only limited summary data is available for this year.$75.6$0.94$74.7$5.33$4.58$0.75
2014Summary only. Only limited summary data is available for this year.$77.7$0.98$76.7$9.06$6.27$2.79
2013Summary only. Only limited summary data is available for this year.$75.6$1.13$74.4$7.99$4.34$3.65
2012Summary only. Only limited summary data is available for this year.$65.8$1.66$64.2$7.12$3.35$3.78
2011Summary only. Only limited summary data is available for this year.$57.0$1.54$55.5$4.42$3.52$0.89
2010Summary only. Only limited summary data is available for this year.$58.7$1.49$57.2$9.08$2.79$6.28
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $100M-$250M nonprofits