Civic Intelligence

Bornman Educational Trust

990PF • Fiscal year 2019 • EIN 38-6592814

Jan 01, 2019 to Dec 31, 2019 • Filed on May 31, 2020

PO Box 75000Detroit, MI 48275-7874

(313) 222-3568

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2019 filings • <$500k nonprofits • Source year 2019

Liabilities / Revenue

58th percentile

0.00x

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

2019 filings • <$500k nonprofits • Source year 2019

Net Margin

5th percentile

-188%

Higher net margin than 5% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

38th percentile

-3.3%

Faster asset growth than 38% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2017 to 2019

Revenue Growth

37th percentile

-7.1%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2017 to 2019

Assets

$134,979

No earlier filing loaded for comparison.

Net Assets

$134,979

No earlier filing loaded for comparison.

Liabilities

$1

No earlier filing loaded for comparison.

Revenue

$8,943

No earlier filing loaded for comparison.

Expenses

$25,722

No earlier filing loaded for comparison.

Net Income

-$16,779

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $200,365Liabilities 2010: $0Net Assets 2010: $200,3652010Assets 2011: $216,048Liabilities 2011: $0Net Assets 2011: $216,0482011Assets 2012: $198,786Liabilities 2012: $12012Assets 2013: $186,011Liabilities 2013: $1Net Assets 2013: $186,0112013Assets 2014: $172,139Liabilities 2014: $02014Assets 2015: $174,452Liabilities 2015: $1Net Assets 2015: $174,4522015Assets 2016: $159,801Liabilities 2016: $0Net Assets 2016: $159,8012016Assets 2017: $144,225Liabilities 2017: $0Net Assets 2017: $144,2252017Assets 2019: $134,979Liabilities 2019: $1Net Assets 2019: $134,9792019Assets 2020: $122,862Liabilities 2020: $1Net Assets 2020: $122,8622020Assets 2021: $108,429Liabilities 2021: $12021Assets 2022: $104,578Liabilities 2022: $1Net Assets 2022: $104,5782022Assets 2023: $99,255Liabilities 2023: $12023Assets 2024: $96,169Liabilities 2024: $0Net Assets 2024: $96,1692024

Highlighted filing

2019

Assets$134,979
Liabilities$1
Net Assets$134,979

Operations Trend

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

$40K$20K$0-$20K-$40KExpenses 2010: $22,1302010Expenses 2011: $30,5052011Revenue 2012: $5,360Expenses 2012: $24,279Net Income 2012: -$18,9192012Revenue 2013: $6,160Expenses 2013: $19,246Net Income 2013: -$13,0862013Revenue 2014: $3,948Expenses 2014: $28,084Net Income 2014: -$24,1362014Revenue 2015: $6,477Expenses 2015: $3,909Net Income 2015: $2,5682015Revenue 2016: $12,012Expenses 2016: $26,955Net Income 2016: -$14,9432016Revenue 2017: $10,352Expenses 2017: $25,417Net Income 2017: -$15,0652017Revenue 2019: $8,943Expenses 2019: $25,722Net Income 2019: -$16,7792019Revenue 2020: $7,871Expenses 2020: $24,007Net Income 2020: -$16,1362020Revenue 2021: $13,192Expenses 2021: $24,273Net Income 2021: -$11,0812021Revenue 2022: $5,187Expenses 2022: $12,166Net Income 2022: -$6,9792022Revenue 2023: $4,680Expenses 2023: $10,481Net Income 2023: -$5,8012023Revenue 2024: $6,605Expenses 2024: $9,282Net Income 2024: -$2,6772024

Highlighted filing

2019

Revenue$8,943
Expenses$25,722
Net Income-$16,779
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 31, 2020
Return Version
2019v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Trustee-$3,790-$3,790
Filing and Contact Details

Filer

Filer Name
Bornman Educational Trust
EIN
38-6592814
Phone
3132223568
Address
PO BOX 75000, DETROIT, MI 48275-7874

Signing Officer

Name
Matthew Cleary
Title
Trust Tax Offic
Phone
3132223568
Signed
2020-05-31

Preparer

Firm
Kpmg Llp
Address
2020 N CENTRAL AVE STE 700, PHOENIX, AZ 85004
Preparer
Bradley N Sprong
Phone
8558073423
Raw XML Appendix325 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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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt0H KENNETH COLE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt11971 UNIVERSITY BLVD
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2DEAN WOOTEN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0HILLSDALE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1LYNCHBURG
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2VIRGINIA BEACH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1VA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2VA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd0492421298
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd124502
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd2234649800
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/ShareholderManagerNm0NONE
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt020349
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt07633
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt07633
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt013442
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt012991
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt014859
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt05194
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt05194
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt054888
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt013596
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt013442
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt012991
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt014859
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt021229
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt013596
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt060082
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt046486
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
OtherDecreasesSchedule/OtherDecreasesDetail/Amt01979
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0DIFFERENCE BETWEEN RECEIPTS AND TAXABLE INCOME
TaxesSchedule/TaxesDetail/Amt0254
TaxesSchedule/TaxesDetail/Amt1328
TaxesSchedule/TaxesDetail/CategoryTxt0FEDERAL TAX PAYMENT - PRIOR YE
TaxesSchedule/TaxesDetail/CategoryTxt1FEDERAL ESTIMATES - INCOME
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt10
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt10
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW CLEARY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUST TAX OFFIC
ReturnHeader/BusinessOfficerGrp/PhoneNum03132223568
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BORNMAN EDUCATIONAL TRUST
ReturnHeader/Filer/BusinessNameControlTxt0BORN
ReturnHeader/Filer/EIN0386592814
ReturnHeader/Filer/PhoneNum03132223568
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 75000
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0482757874
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0135565207
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KPMG LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02020 N CENTRAL AVE STE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085004
ReturnHeader/PreparerPersonGrp/PhoneNum08558073423
ReturnHeader/PreparerPersonGrp/PreparationDt02020-05-31
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADLEY N SPRONG
ReturnHeader/ReturnTs02020-07-12T21:00:52-05:00
ReturnHeader/ReturnTypeCd0990PF
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
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.07$0.09$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.00$0.05$0.10$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.05$0.12$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$0.13$0.24$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.23$0.00$1.23$0.08$0.24$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.09$0.26$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
2017Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.10$0.25$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.12$0.27$0.15
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.74$0.00$1.74$0.06$0.04$0.03
2014Summary only. Only limited summary data is available for this year.$1.72$0.00$0.04$0.28$0.24
2013Detailed filing. Detailed filing data is available for this year.$1.86$0.00$1.86$0.06$0.19$0.13
2012Summary only. Only limited summary data is available for this year.$1.99$0.00$0.05$0.24$0.19
2011Detailed filing. Detailed filing data is available for this year.$2.16$0.00$2.16$0.31
2010Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.22