Civic Intelligence

Seven Ponds Endowment Fund

990 • Fiscal year 2019 • EIN 38-6149820

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

3854 Crawford RoadDryden, MI 48428

(810) 796-3200

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

95th percentile

65%

Higher net margin than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

42nd percentile

$36,230

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 10.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

84th percentile

26%

Faster asset growth than 84% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

94th percentile

124%

Faster revenue growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$2,633,398

Up $541,760 (+26%) from 2018

Net Assets

Up

$2,633,398

Up $541,760 (+26%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$353,747

Up $196,105 (+124%) from 2018

Expenses

Down

$123,871

Down $443 (-0.4%) from 2018

Net Income

Up

$229,876

Up $196,548 (+590%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $2,098,268Liabilities 2012: $0Net Assets 2012: $2,098,2682012Assets 2013: $2,272,615Liabilities 2013: $0Net Assets 2013: $2,272,6152013Assets 2014: $2,306,191Liabilities 2014: $0Net Assets 2014: $2,306,1912014Assets 2015: $2,150,015Liabilities 2015: $0Net Assets 2015: $2,150,0152015Assets 2016: $2,224,576Liabilities 2016: $0Net Assets 2016: $2,224,5762016Assets 2017: $2,348,470Liabilities 2017: $0Net Assets 2017: $2,348,4702017Assets 2018: $2,091,638Liabilities 2018: $0Net Assets 2018: $2,091,6382018Assets 2019: $2,633,398Liabilities 2019: $0Net Assets 2019: $2,633,3982019Assets 2020: $2,712,412Liabilities 2020: $0Net Assets 2020: $2,712,4122020Assets 2022: $2,566,085Liabilities 2022: $0Net Assets 2022: $2,566,0852022Assets 2023: $2,535,933Liabilities 2023: $0Net Assets 2023: $2,535,9332023Assets 2024: $2,699,685Liabilities 2024: $0Net Assets 2024: $2,699,6852024

Highlighted filing

2019

Assets$2,633,398
Liabilities$0
Net Assets$2,633,398

Operations Trend

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

$400K$200K$0-$200KRevenue 2012: $60,844Expenses 2012: $112,326Net Income 2012: -$51,4822012Revenue 2013: $146,612Expenses 2013: $117,731Net Income 2013: $28,8812013Revenue 2014: $174,662Expenses 2014: $126,179Net Income 2014: $48,4832014Revenue 2015: $102,266Expenses 2015: $128,342Net Income 2015: -$26,0762015Revenue 2016: $80,072Expenses 2016: $119,984Net Income 2016: -$39,9122016Revenue 2017: $142,770Expenses 2017: $123,723Net Income 2017: $19,0472017Revenue 2018: $157,642Expenses 2018: $124,314Net Income 2018: $33,3282018Revenue 2019: $353,747Expenses 2019: $123,871Net Income 2019: $229,8762019Revenue 2020: $56,738Expenses 2020: $130,391Net Income 2020: -$73,6532020Revenue 2022: $121,854Expenses 2022: $134,332Net Income 2022: -$12,4782022Revenue 2023: $94,998Expenses 2023: $154,358Net Income 2023: -$59,3602023Revenue 2024: $129,416Expenses 2024: $153,995Net Income 2024: -$24,5792024

Highlighted filing

2019

Revenue$353,747
Expenses$123,871
Net Income$229,876
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$1,659,032
Mission and Program Overview

Mission

This trust is an investment facility for seven ponds nature center, inc. (ein 38-2929924). This trust is directly related to that entity which provides an appreciation of the natural world and the development of an environmental ethic in the communities of southeast michigan through education, service as a community resource and responsible stewardship of seven ponds and adjacent lands. This trust was established to provide a managed investment option for donations and other funds received by the seven ponds nature center operating entity. In conjunction with the seven ponds reserve fund (an additional related entity) this trust provides stewardship of the operating entity's annual results and needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,062,472$2,317,078▲ $254,606
Savings and Temporary Cash Investments$29,166$316,320▲ $287,154
Total Assets$2,091,638$2,633,398▲ $541,760
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$852,474$1,502,276▲ $649,802
Net Assets Without Donor Restrictions$1,239,164$1,131,122▼ $108,042
Total Net Assets Fund Balance$2,091,638$2,633,398▲ $541,760
Total Liabilities and Net Assets / Fund Balance$2,091,638$2,633,398▲ $541,760

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,091,638$287,648▲ $386,983$105,714$2,633,398
2018$2,348,470-▼ $132,518$106,103$2,091,638
2017$2,224,365-▲ $248,276$105,714$2,348,470
2016$2,471,188$1,610▲ $192,935$423,510$2,224,365
2015$2,653,486$1,550▼ $36,195$126,055$2,471,188
Compensation and Service Providers

Employees

NameTitleOtherTotal
Daryl BernardExec Directo$36,230$36,230

Board Members and Trustees

NameTitle
Nancy BuckPresident
Paul MessingSecretary
Greg GossickTreasurer
Joanna PeaseVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$278,648
Program Service Revenue
$0
Investment Income
$75,099
Other Revenue
$0
Change in Net Assets
$229,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$123,871
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$105,714--$105,714
Fees for Service Investment Mgmnt Fees-$18,157-$18,157
Total Functional Expenses$105,714$18,157$0$123,871
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Seven Ponds Endowment Fund
EIN
38-6149820
Phone
8107963200
Address
3854 CRAWFORD ROAD, DRYDEN, MI 48428

Signing Officer

Name
Daryl Bernard
Title
Exec Director
Phone
8107963200
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daryl Bernard
Formed
2010
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Lally Group Pc
Address
PO BOX 1066, JACKSON, MI 49204-1066
Preparer
Jon a Nowinski CPA
Phone
5177870064
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

This trust is an investment facility for seven ponds nature center, inc. (ein 38-2929924). This trust is directly related to that entity which provides an appreciation of the natural world and the development of an environmental ethic in the communities of southeast michigan through education, service as a community resource and responsible stewardship of seven ponds and adjacent lands. This trust was established to provide a managed investment option for donations and other funds received by the seven ponds nature center operating entity. In conjunction with the seven ponds reserve fund (an additional related entity) this trust provides stewardship of the operating entity's annual results and needs.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THIS TRUST IS AN INVESTMENT FACILITY FOR SEVEN PONDS NATURE CENTER, INC. (EIN 38-2929924). THIS TRUST IS DIRECTLY RELATED TO THAT ENTITY WHICH PROVIDES AN APPRECIATION OF THE NATURAL WORLD AND THE DEVELOPMENT OF AN ENVIRONMENTAL ETHIC IN THE COMMUNITIES OF SOUTHEAST MICHIGAN THROUGH EDUCATION, SERVICE AS A COMMUNITY RESOURCE AND RESPONSIBLE STEWARDSHIP OF SEVEN PONDS AND ADJACENT LANDS. THIS TRUST WAS ESTABLISHED TO PROVIDE A MANAGED INVESTMENT OPTION FOR DONATIONS AND OTHER FUNDS RECEIVED BY THE SEVEN PONDS NATURE CENTER OPERATING ENTITY. IN CONJUNCTION WITH THE SEVEN PONDS RESERVE FUND (AN ADDITIONAL RELATED ENTITY) THIS TRUST PROVIDES STEWARDSHIP OF THE OPERATING ENTITY'S ANNUAL RESULTS AND NEEDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACTUAL TRANSFERS MADE
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1NO VALUE ASSIGNED
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IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1SEVEN PONDS NATURE CENTER
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DARYL BERNARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08107963200
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SEVEN PONDS ENDOWMENT FUND
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ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
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ReturnHeader/FilingSecurityInformation/IPTm015:07:21
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0381961213
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LALLY GROUP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1066
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JACKSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0492041066
ReturnHeader/PreparerPersonGrp/PhoneNum05177870064
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JON A NOWINSKI CPA
ReturnHeader/ReturnTs02020-11-16T15:07:21-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$0.00$2.70$0.13$0.15$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.54$0.00$2.54$0.09$0.15$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.57$0.00$2.57$0.12$0.13$0.01
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.00$2.71$0.06$0.13$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.00$2.63$0.35$0.12$0.23
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.00$2.09$0.16$0.12$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.00$2.35$0.14$0.12$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.22$0.00$2.22$0.08$0.12$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.00$2.15$0.10$0.13$0.03
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.31$0.00$2.31$0.17$0.13$0.05
2013Summary only. Only limited summary data is available for this year.$2.27$0.00$2.27$0.15$0.12$0.03
2012Summary only. Only limited summary data is available for this year.$2.10$0.00$2.10$0.06$0.11$0.05