Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
990 • Fiscal year 2013 • EIN 45-3076410
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
45th percentile
Higher debt load relative to assets than 45% of similar nonprofits.
Liabilities / Revenue
26th percentile
Higher debt load relative to revenue than 26% of similar nonprofits.
Net Margin
32nd percentile
Higher net margin than 32% of similar nonprofits.
Top Officer Pay
14th percentile
Higher top officer pay than 14% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
29th percentile
Faster asset growth than 29% of similar nonprofits.
Revenue Growth
96th percentile
Faster revenue growth than 96% of similar nonprofits.
Assets
Flat$5,780,115
Flat from 2013
Net Assets
Flat$4,597,764
Flat from 2013
Liabilities
Flat$1,182,351
Flat from 2013
Revenue
Flat$13,174,060
Flat from 2013
Expenses
Flat$13,249,947
Flat from 2013
Net Income
Flat-$75,887
Flat from 2013
Dedicated to supporting innovative, transformative learning for all students in michigan, the foundation collects, invests, and distributes funds to board designated initiatives, like the detroit promise, as part of our mission to improve and reform education in michigan.
To direct private dollars to fund improvements to public education in michigan.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Pledges and Grants Receivable | $5,581,680 | $3,917,268 | ▼ $1,664,412 |
| Cash and Non-Interest-Bearing Accounts | $265,915 | $1,862,847 | ▲ $1,596,932 |
| Total Assets | $5,847,595 | $5,780,115 | ▼ $67,480 |
| Liabilities | |||
| Escrow Account Liability | - | $1,000,000 | - |
| Accounts Payable and Accrued Expenses | $249,083 | $182,351 | ▼ $66,732 |
| Total Liabilities | $249,083 | $1,182,351 | ▲ $933,268 |
| Net Assets / Fund Balance | |||
| Temporarily Rstr Net Assets | $5,581,680 | $4,042,268 | ▼ $1,539,412 |
| Unrestricted Net Assets | $16,832 | $555,496 | ▲ $538,664 |
| Total Net Assets Fund Balance | $5,598,512 | $4,597,764 | ▼ $1,000,748 |
| Total Liabilities and Net Assets / Fund Balance | $5,847,595 | $5,780,115 | ▼ $67,480 |
| Name | Title |
|---|---|
| Steven Hamp | President |
| Carol Goss | Former Vice President |
| Luis De La Fuente | Director |
| Tonya Allen | Director |
| Renae Moore | Asst Secretary/treasurer |
| Wendy Wisniewski | Asst Secretary/treasurer |
| Richard Baird | Secretary/treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Berg Muirhead & Assoc | Public Relations | - | $986,775 |
| Remington Group INC | Professional Fundraiser | - | $691,588 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 1 | $482,800 | Stated value |
| Securities Publicly Traded | 2 | $257,466 | Market value |
| Total Noncash Contributions | 3 | $740,266 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $12,553,838 |
| Total Fundraising Expense | $654,118 |
| Professional Fundraising Fees | $647,500 |
| Other Expenses | $48,609 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $12,553,838 | - | - | $12,553,838 |
| Fees for Services Professional Fundraising | - | - | $647,500 | $647,500 |
| Fees for Services Legal | $0 | $18,787 | $0 | $18,787 |
| Insurance | $0 | $9,500 | $0 | $9,500 |
| Travel | $7,155 | $0 | $0 | $7,155 |
| Other Expenses | $0 | $0 | $6,618 | $6,618 |
| Office Expenses | $178 | $5,152 | $0 | $5,330 |
| Fees for Services Accounting | $0 | $975 | $0 | $975 |
| Information Technology | $244 | $0 | $0 | $244 |
| Total Functional Expenses | $12,561,415 | $34,414 | $654,118 | $13,249,947 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $14,174,808 |
| Expenses per Audited Statements | $13,249,947 |
| Total Expenses per Form 990 | $13,249,947 |
| Expenses Not Reported on Form 990 | $924,861 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| 45-3549646 | - | 501(c)(3) | Fund the Eaa | $10,613,838 |
| 13-3541913 | - | 501(c)(3) | Teacher Recruit | $690,000 |
| 38-2352462 | - | 501(c)(3) | Scholarships | $650,000 |
| 38-3001180 | - | 501(c)(3) | Charter Schools | $600,000 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $647,500 |
“The foundatation does not have any committees with”
“Authority to act on behalf of the governing body.”
“The foundation provides a draft and final copy of the”
“Form 990 to each board member for review before it is”
“FILED WITH THE IRS.”
“Each director and principal officer annually signs a”
“Statement which affirms that they have received a copy”
“Of the conflict of interest policy, has read and understands”
“The policy, has agreed to comply with the policy, and”
“Understands the corporation is tax-exempt and in order”
“To maintain its federal tax exemption it must engage”
“Primarily in activities which accomplish one or more of”
“ITS TAX-EXEMPT PURPOSES.”
“The governing documents, conflict of interest policy,”
“And the form 990 are available upon request.”
“Line 9 of ($924,861) is a bad pledge loss”
“Funding to michigan future inc which creates high 600000. 600000. 0.”
“The foundation holds amounts remitted to it by the education achievement authority in an agency capacity.”
“Fasb asc topic no. 740, income taxes, prescribes the minimum recognition threshold and measurement attributes for disclosure of tax positions previously taken or expected to be taken on an income tax return, in order for those tax positions to be recognized in the foundation's financial statements. Under asc topic no. 740, the”
“Foundation's continued status as an exempt entity is considered to be a "tax position" in that the foundation must adhere to various requirements to remain tax-exempt. In addition, any foundation activities that may subject it to "unrelated business taxable income" are also considered tax positions. Management has analyzed the foundation's material tax positions as of december 31, 2013 and 2012 and has determined that no material uncertain tax positions exist that require recognition or disclosu”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 249083 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 182351 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO DIRECT PRIVATE DOLLARS TO FUND IMPROVEMENTS TO PUBLIC EDUCATION IN MICHIGAN. |
| IRS990/AllOtherContributionsAmt | 0 | 13174060 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | WENDY WISNIEWSKI |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5172043415 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | PO Box 10030 |
| IRS990/BooksInCareOfDetail/USAddress/City | 0 | Lansing |
| IRS990/BooksInCareOfDetail/USAddress/State | 0 | MI |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 48901 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 265915 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1862847 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 986775 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 691588 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 0 | 311 FISHER BUILDING |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1 | 1 | 21820 DOVER CT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 0 | DETROIT |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/City | 1 | BEVERLY HILLS |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 0 | MI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/State | 1 | MI |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 0 | 48202 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCode | 1 | 48025 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 0 | BERG MUIRHEAD & ASSOC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1 | 1 | REMINGTON GROUP INC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | PUBLIC RELATIONS |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | PROFESSIONAL FUNDRAISER |
| IRS990/CreditCounselingInd | 0 | true |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 13174060 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 12553838 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 48609 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -75887 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 13249947 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 654118 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 647500 |
| IRS990/CYTotalRevenueAmt | 0 | 13174060 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | true |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | TO RECEIVE AND ADMINISTER FUNDS FOR THE BENEFIT OF CHARITABLE PURPOSES AND TO LESSEN THE FINANCIAL BURDENS OF THE GOVERNMENT IN THE STATE OF MICHIGAN. TO RAISE FUNDS FROM THE GENERAL PUBLIC TO FINANCE, OR FINANCE CERTAIN EXPENSES THAT WOULD OTHERWISE BE INCURRED BY, THE MICHIGAN EDUCATION ACHIEVEMENT AUTHORITY. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountLiabilityGrp/EOYAmt | 0 | 1000000 |
| IRS990/ExpenseAmt | 0 | 10621415 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 975 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 975 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 18787 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 18787 |
| IRS990/FeesForServicesProfFundraising/FundraisingAmt | 0 | 647500 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 647500 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 5.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LUIS DE LA FUENTE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | TONYA ALLEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STEVEN HAMP |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | RICHARD BAIRD |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | WENDY WISNIEWSKI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RENAE MOORE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | CAROL GOSS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | ASST SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | ASST SECRETARY/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | FORMER VICE PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantAmt | 0 | 10613838 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 12553838 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 12553838 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 257466 |
| IRS990/GrossReceiptsAmt | 0 | 13431526 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 244 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 244 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 9500 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9500 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 3 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | MI |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 257466 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | false |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO DIRECT PRIVATE DOLLARS TO FUND IMPROVEMENTS TO PUBLIC EDUCATION IN MICHIGAN. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 5598512 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 4597764 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 740266 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 5152 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 178 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 5330 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -924861 |
| IRS990/OtherExpensesGrp/Desc | 0 | Other fundraising expenses |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 6618 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 6618 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 5581680 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 3917268 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | WENDY WISNIEWSKI |
| IRS990/ProfessionalFundraisingInd | 0 | true |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | FUNDING TO THE DETROIT REGIONAL CHAMBER FOUNDATION FOR THE DETROIT SCHOLARSHIP FUND WHICH GIVES SCHOLARSHIPS TO ANY GRADUATE IN DETROIT TO ATTEND A TWO YEAR COMMUNITY COLLEGE |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 650000 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 650000 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | FUNDING TO TEACH FOR AMERICA WHICH RECRUITS RECENT COLLEGE GRADUATES TO WORK IN LOW-INCOME COMMUNITIES AND TO SUPPLEMENT AND SUPPORT THE EXISTING TEACHERS |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 690000 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 690000 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | FUNDING TO MICHIGAN FUTURE INC WHICH CREATES HIGH PERFORMING CHARTER HIGH SCHOOLS SO THAT THOUSANDS PERFORMING CHARTER HIGH SCHOOLS SO THAT THOUSANDS PERFORMING CHARTER HIGH SCHOOLS SO THAT THOUSANDS |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 600000 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 600000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 17820569 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 11880000 |
| IRS990/PYOtherExpensesAmt | 0 | 915880 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 4424689 |
| IRS990/PYTotalExpensesAmt | 0 | 13395880 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 600000 |
| IRS990/PYTotalRevenueAmt | 0 | 17820569 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -75887 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt | 0 | The Foundation's 2011 tax year is a short-year, running from |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt | 1 | 8/24/11 to 12/31/11. |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc | 0 | Other Addl Info |
| IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc | 1 | Other Addl Info |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 13174060 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 16895708 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1736991 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 31806759 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 12247110 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 19559649 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 13174060 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 16895708 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1736991 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 31806759 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 31806759 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/AgentTrusteeEtcInd | 0 | false |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 924861 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 13249947 |
| IRS990ScheduleD/ExplanationProvidedInd | 0 | X |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | true |
| IRS990ScheduleD/LossesReportedAmt | 0 | 924861 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 13174060 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION HOLDS AMOUNTS REMITTED TO IT BY THE EDUCATION ACHIEVEMENT AUTHORITY IN AN AGENCY CAPACITY. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | FASB ASC TOPIC NO. 740, INCOME TAXES, PRESCRIBES THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTES FOR DISCLOSURE OF TAX POSITIONS PREVIOUSLY TAKEN OR EXPECTED TO BE TAKEN ON AN INCOME TAX RETURN, IN ORDER FOR THOSE TAX POSITIONS TO BE RECOGNIZED IN THE FOUNDATION'S FINANCIAL STATEMENTS. UNDER ASC TOPIC NO. 740, THE |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | FOUNDATION'S CONTINUED STATUS AS AN EXEMPT ENTITY IS CONSIDERED TO BE A "TAX POSITION" IN THAT THE FOUNDATION MUST ADHERE TO VARIOUS REQUIREMENTS TO REMAIN TAX-EXEMPT. IN ADDITION, ANY FOUNDATION ACTIVITIES THAT MAY SUBJECT IT TO "UNRELATED BUSINESS TAXABLE INCOME" ARE ALSO CONSIDERED TAX POSITIONS. MANAGEMENT HAS ANALYZED THE FOUNDATION'S MATERIAL TAX POSITIONS AS OF DECEMBER 31, 2013 AND 2012 AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXIST THAT REQUIRE RECOGNITION OR DISCLOSU |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt IV Line 2b |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt X Line 2 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt X Line 2 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 13249947 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 13174060 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 13174060 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 14174808 |
| IRS990ScheduleG/AgrmtProfFundraisingActyInd | 0 | true |
| IRS990ScheduleG/EmailSolicitationsInd | 0 | X |
| IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt | 0 | PROFESSIONAL FUNDRAISER |
| IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd | 0 | false |
| IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt | 0 | 13174060 |
| IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt | 0 | 12489060 |
| IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1 | 0 | REMINGTON GROUP INC 21820 DOVER BEVERLY HILLS MI |
| IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt | 0 | 685000 |
| IRS990ScheduleG/InPersonSolicitationsInd | 0 | X |
| IRS990ScheduleG/LicensedStatesCd | 0 | MI |
| IRS990ScheduleG/MailSolicitationsInd | 0 | X |
| IRS990ScheduleG/PhoneSolicitationsInd | 0 | X |
| IRS990ScheduleG/SolicitationOfNonGovtGrantsInd | 0 | X |
| IRS990ScheduleG/TotalGrossReceiptsAmt | 0 | 13174060 |
| IRS990ScheduleG/TotalNetToOrganizationAmt | 0 | 12489060 |
| IRS990ScheduleG/TotalRetainedByContractorsAmt | 0 | 685000 |
| IRS990ScheduleI/GrantRecordsMaintainedInd | 0 | true |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 0 | 10613838 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 1 | 650000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 2 | 690000 |
| IRS990ScheduleI/RecipientTable/CashGrantAmt | 3 | 600000 |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 0 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 1 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 2 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/IRCSectionDesc | 3 | 501(C)(3) |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | FUND THE EAA |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 1 | SCHOLARSHIPS |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 2 | TEACHER RECRUIT |
| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 3 | CHARTER SCHOOLS |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1 | 0 | EDUCATION ACHIEVMENT AUTHORITY |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1 | 1 | DETROIT CHAMBER FOUNDATION |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1 | 2 | TEACH FOR AMERICA INC |
| IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1 | 3 | MICHIGAN FUTURE INC |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 453549646 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 1 | 382352462 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 2 | 133541913 |
| IRS990ScheduleI/RecipientTable/RecipientEIN | 3 | 383001180 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1 | 0 | 3022 W GRAND BLVD |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1 | 1 | ONE WOODWARD AVE |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1 | 2 | 315 W 36TH 6TH FLOOR |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1 | 3 | PO BOX 130416 |
| IRS990ScheduleI/RecipientTable/USAddress/City | 0 | DETROIT |
| IRS990ScheduleI/RecipientTable/USAddress/City | 1 | DETROIT |
| IRS990ScheduleI/RecipientTable/USAddress/City | 2 | NEW YORK |
| IRS990ScheduleI/RecipientTable/USAddress/City | 3 | ANN ARBOR |
| IRS990ScheduleI/RecipientTable/USAddress/State | 0 | MI |
| IRS990ScheduleI/RecipientTable/USAddress/State | 1 | MI |
| IRS990ScheduleI/RecipientTable/USAddress/State | 2 | NY |
| IRS990ScheduleI/RecipientTable/USAddress/State | 3 | MI |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCode | 0 | 48202 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCode | 1 | 48226 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCode | 2 | 10018 |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCode | 3 | 48113 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATION MONITORS EXPENDITURES BASED ON SPECIFIC OUTCOMES THAT ARE |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 1 | EXPECTED OF THE EAA, TEACH FOR AMERICA, MICHIGAN FUTURE, INC. AND THE DETROIT |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 2 | REGIONAL CHAMBER FOUNDATION. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt I Line 2 |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt I Line 2 |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt I Line 2 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990ScheduleM/AnyPropertyThatMustBeHeldInd | 0 | false |
| IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt | 0 | 1 |
| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 0 | Apple gift certificates |
| IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt | 0 | Stated value |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt | 0 | 482800 |
| IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd | 0 | false |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt | 0 | 2 |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt | 0 | Market value |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd | 0 | X |
| IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt | 0 | 257466 |
| IRS990ScheduleM/ThirdPartiesUsedInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FOUNDATATION DOES NOT HAVE ANY COMMITTEES WITH |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE FOUNDATION PROVIDES A DRAFT AND FINAL COPY OF THE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FORM 990 TO EACH BOARD MEMBER FOR REVIEW BEFORE IT IS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | FILED WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | EACH DIRECTOR AND PRINCIPAL OFFICER ANNUALLY SIGNS A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | STATEMENT WHICH AFFIRMS THAT THEY HAVE RECEIVED A COPY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | UNDERSTANDS THE CORPORATION IS TAX-EXEMPT AND IN ORDER |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | ITS TAX-EXEMPT PURPOSES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | AND THE FORM 990 ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | LINE 9 OF ($924,861) IS A BAD PLEDGE LOSS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | FUNDING TO MICHIGAN FUTURE INC WHICH CREATES HIGH 600000. 600000. 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Pt VI, Line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Pt VI, Line 8b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Pt VI, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Pt VI, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Pt VI, Line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Pt XI |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Form 990, Part III, Line 4d |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
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Displayed year
2013 • Form 990Detailed filing. Detailed filing data is available for this year.