Civic Intelligence

Excelling Leaders

990 • Fiscal year 2023 • EIN 45-1679929

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 06, 2024

3675 Edington Lane SEGrand Rapids, MI 49508

(616) 334-8769

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.79x

Higher debt load relative to assets than 92% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

95th percentile

2.23x

Higher debt load relative to revenue than 95% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

45th percentile

2.0%

Higher net margin than 45% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

77th percentile

$71,500

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 25.5% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

39th percentile

-0.1%

Faster asset growth than 39% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

70th percentile

27%

Faster revenue growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$793,693

Down $496 (-0.1%) from 2022

Net Assets

Up

$165,961

Up $11,772 (+7.6%) from 2022

Liabilities

Down

$627,732

Down $12,268 (-1.9%) from 2022

Revenue

Up

$280,931

Up $60,198 (+27%) from 2022

Expenses

Up

$275,364

Up $35,199 (+15%) from 2022

Net Income

Up

$5,567

Up $24,999 (+129%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $1,659Net Assets 2011: $1,6592011Assets 2012: $2,239Liabilities 2012: $02012Assets 2013: $8,243Net Assets 2013: $8,2432013Assets 2014: $5,181Net Assets 2014: $5,1812014Assets 2015: $5,168Net Assets 2015: $5,1682015Assets 2016: $21,576Liabilities 2016: $5,230Net Assets 2016: $16,3462016Assets 2017: $58,437Net Assets 2017: $58,4372017Assets 2018: $53,355Net Assets 2018: $53,3552018Assets 2019: $47,286Liabilities 2019: $590Net Assets 2019: $46,6962019Assets 2020: $102,523Liabilities 2020: $1,790Net Assets 2020: $100,7332020Assets 2021: $753,326Liabilities 2021: $640,000Net Assets 2021: $113,3262021Assets 2022: $794,189Liabilities 2022: $640,000Net Assets 2022: $154,1892022Assets 2023: $793,693Liabilities 2023: $627,732Net Assets 2023: $165,9612023Assets 2024: $810,748Liabilities 2024: $605,960Net Assets 2024: $204,7882024Assets 2025: $892,599Liabilities 2025: $583,232Net Assets 2025: $309,3672025

Highlighted filing

2023

Assets$793,693
Liabilities$627,732
Net Assets$165,961

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $38,815Expenses 2011: $37,156Net Income 2011: $1,6592011Revenue 2012: $82,662Expenses 2012: $82,082Net Income 2012: $5802012Revenue 2013: $87,380Expenses 2013: $81,376Net Income 2013: $6,0042013Revenue 2014: $80,722Expenses 2014: $83,784Net Income 2014: -$3,0622014Revenue 2015: $80,371Expenses 2015: $80,384Net Income 2015: -$132015Revenue 2016: $116,586Expenses 2016: $105,408Net Income 2016: $11,1782016Revenue 2017: $160,546Expenses 2017: $118,456Net Income 2017: $42,0902017Revenue 2018: $122,741Expenses 2018: $127,823Net Income 2018: -$5,0822018Revenue 2019: $138,930Expenses 2019: $145,589Net Income 2019: -$6,6592019Revenue 2020: $236,448Expenses 2020: $182,411Net Income 2020: $54,0372020Revenue 2021: $304,712Expenses 2021: $292,119Net Income 2021: $12,5932021Revenue 2022: $220,733Expenses 2022: $240,165Net Income 2022: -$19,4322022Revenue 2023: $280,931Expenses 2023: $275,364Net Income 2023: $5,5672023Revenue 2024: $311,136Expenses 2024: $299,581Net Income 2024: $11,5552024Revenue 2025: $435,316Expenses 2025: $336,137Net Income 2025: $99,1792025

Highlighted filing

2023

Revenue$280,931
Expenses$275,364
Net Income$5,567
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 6, 2024
Return Version
2023v4.0
Gross Receipts
$280,931
Mission and Program Overview

Mission

Encouraging and equipping missionaries and missionary families so they can be effective and resilient in their work of serving others in god's greater kingdom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$763,371$763,371→ $0
Cash and Non-Interest-Bearing Accounts$30,818$30,322▼ $496
Total Assets$794,189$793,693▼ $496
Liabilities
Mortgage Notes Payable Secured by Investment Property$640,000$627,732▼ $12,268
Total Liabilities$640,000$627,732▼ $12,268
Net Assets / Fund Balance
Net Assets With Donor Restrictions$136,670$141,603▲ $4,933
Net Assets Without Donor Restrictions$17,519$24,358▲ $6,839
Total Net Assets Fund Balance$154,189$165,961▲ $11,772
Total Liabilities and Net Assets / Fund Balance$794,189$793,693▼ $496

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$763,371--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kevin PrinsPresidentFT$71,500$71,500

Board Members and Trustees

NameTitle
Beth VermeyleTrustee
Loretta TroyerTrustee
Nicole AndersonTrustee
Susan PrinsTrustee
Dave VermeyleSecretary
Randy Vander LugtTreasurer
James AndersonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$191,627
Program Service Revenue
$0
Investment Income
$728
Other Revenue
$88,576
All Other Contributions
$191,627
Change in Net Assets
$5,567
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$203,864
Salaries, Compensation, and Employee Benefits$71,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$101,980--$101,980
Current Officers, Directors, Trustees, and Key Employees$71,500--$71,500
Office Expenses$10,527--$10,527
Fees for Services Accounting$3,340--$3,340
Other Expenses$2,588--$2,588
Travel$2,464--$2,464
Fees for Services Legal$20--$20
Total Functional Expenses$275,364$0$0$275,364
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
Backup withholding compliance
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 9

James anderson 3675 edington lane se grand rapids, mi 49508 dave vermeyle 3675 edington lane se grand rapids, mi 49508 nicole anderson 3675 edington lane se grand rapids, mi 49508 beth vermeyle 3675 edington lane se grand rapids, mi 49508 randy vander lugt 2900 28th st sw grandville, mi 49418 loretta troyer 3675 edington lane se grand rapids, mi 49508

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

Review is done between treasurer and president. Presentation by president to other board members.

Form 990, Page 6, Part VI, Line 15A

Reviewed annually by the board of directors

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Excelling Leaders
EIN
45-1679929
Phone
6163348769
Address
3675 EDINGTON LANE SE, GRAND RAPIDS, MI 49508

Signing Officer

Name
Kevin Prins
Title
President
Phone
6163348769
Signed
2024-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Prins
Formed
2011
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Vander Lugt Mulder Devries & Elders
Address
2900 28TH STREET SW SUITE B, GRANDVILLE, MI 49418
Preparer
Randall J Vander Lugt
Phone
6169499030
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Mortgage principal payments 12,268 payout prior staffing fund -6,063 total 6,205

Raw XML Appendix357 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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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0763371
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0763371
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0763371
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JAMES ANDERSON 3675 EDINGTON LANE SE GRAND RAPIDS, MI 49508 DAVE VERMEYLE 3675 EDINGTON LANE SE GRAND RAPIDS, MI 49508 NICOLE ANDERSON 3675 EDINGTON LANE SE GRAND RAPIDS, MI 49508 BETH VERMEYLE 3675 EDINGTON LANE SE GRAND RAPIDS, MI 49508 RANDY VANDER LUGT 2900 28TH ST SW GRANDVILLE, MI 49418 LORETTA TROYER 3675 EDINGTON LANE SE GRAND RAPIDS, MI 49508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEW IS DONE BETWEEN TREASURER AND PRESIDENT. PRESENTATION BY PRESIDENT TO OTHER BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MORTGAGE PRINCIPAL PAYMENTS 12,268 PAYOUT PRIOR STAFFING FUND -6,063 TOTAL 6,205
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0793693
IRS990/TotalAssetsGrp/BOYAmt0794189
IRS990/TotalAssetsGrp/EOYAmt0793693
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0191627
IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0275364
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0640000
IRS990/TotalLiabilitiesEOYAmt0627732
IRS990/TotalLiabilitiesGrp/BOYAmt0640000
IRS990/TotalLiabilitiesGrp/EOYAmt0627732
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0154189
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0165961
IRS990/TotalProgramServiceExpensesAmt0275364
IRS990/TotalReportableCompFromOrgAmt071500
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt089304
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0280931
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0794189
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0793693
IRS990/TravelGrp/ProgramServicesAmt02464
IRS990/TravelGrp/TotalAmt02464
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03675 EDINGTON LANE SE
IRS990/USAddress/CityNm0GRAND RAPIDS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049508
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.EXCELLINGLEADERS.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN PRINS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06163348769
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCELLING LEADERS
ReturnHeader/Filer/BusinessNameControlTxt0EXCE
ReturnHeader/Filer/EIN0451679929
ReturnHeader/Filer/PhoneNum06163348769
ReturnHeader/Filer/USAddress/AddressLine1Txt03675 EDINGTON LANE SE
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049508
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382616834
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VANDER LUGT MULDER DEVRIES & ELDERS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02900 28TH STREET SW SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRANDVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049418
ReturnHeader/PreparerPersonGrp/PhoneNum06169499030
ReturnHeader/PreparerPersonGrp/PreparationDt02024-03-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDALL J VANDER LUGT
ReturnHeader/ReturnTs02024-03-06T14:52:38-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PRINS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.93$5.83$3.09$4.35$3.36$0.99
2024Detailed filing. Detailed filing data is available for this year.$8.11$6.06$2.05$3.11$3.00$0.12
2023Detailed filing. Detailed filing data is available for this year.$7.94$6.28$1.66$2.81$2.75$0.06
2022Detailed filing. Detailed filing data is available for this year.$7.94$6.40$1.54$2.21$2.40$0.19
2021Detailed filing. Detailed filing data is available for this year.$7.53$6.40$1.13$3.05$2.92$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.03$0.02$1.01$2.36$1.82$0.54
2019Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.47$1.39$1.46$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.53$1.23$1.28$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.58$0.58$1.61$1.18$0.42
2016Detailed filing. Detailed filing data is available for this year.$0.22$0.05$0.16$1.17$1.05$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.80$0.80$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.81$0.84$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.87$0.81$0.06
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.83$0.82$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.39$0.37$0.02