Civic Intelligence

Lansing Promise

990 • Fiscal year 2016 • EIN 45-3363322

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 01, 2016

Organization Profilewww.LansingPromise.org
330 Marshall StreetLansing, MI 48912

(517) 203-5020

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

21st percentile

-11%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

56th percentile

$27,504

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 5.9% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

23rd percentile

-5.7%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-61%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$942,050

Down $56,983 (-5.7%) from 2015

Net Assets

Down

$942,050

Down $50,276 (-5.1%) from 2015

Liabilities

Down

$0

Down $6,707 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin21st percentile

Revenue

Down

$468,113

Down $720,371 (-61%) from 2015

Expenses

Up

$518,389

Up $198,291 (+62%) from 2015

Net Income

Down

-$50,276

Down $918,662 (-106%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$3.0M$2.0M$1.0M$0Assets 2013: $125,915Liabilities 2013: $6,2492013Assets 2014: $136,440Liabilities 2014: $12,500Net Assets 2014: $123,9402014Assets 2015: $999,033Liabilities 2015: $6,707Net Assets 2015: $992,3262015Assets 2016: $942,050Liabilities 2016: $0Net Assets 2016: $942,0502016Assets 2017: $756,726Liabilities 2017: $17,561Net Assets 2017: $739,1652017Assets 2018: $465,665Liabilities 2018: $15,529Net Assets 2018: $450,1362018Assets 2019: $314,576Liabilities 2019: $17,830Net Assets 2019: $296,7462019Assets 2020: $270,319Liabilities 2020: $38,443Net Assets 2020: $231,8762020Assets 2021: $407,321Liabilities 2021: $12,655Net Assets 2021: $394,6662021Assets 2022: $617,174Liabilities 2022: $111,655Net Assets 2022: $505,5192022Assets 2023: $2,354,248Liabilities 2023: $177,345Net Assets 2023: $2,176,9032023Assets 2024: $2,180,821Liabilities 2024: $10,961Net Assets 2024: $2,169,8602024Assets 2025: $2,810,090Liabilities 2025: $12,872Net Assets 2025: $2,797,2182025

Highlighted filing

2016

Assets$942,050
Liabilities$0
Net Assets$942,050
Open 2016 Filing

Operations Trend

Revenue Growth4th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $158,850Expenses 2013: $161,498Net Income 2013: -$2,6482013Revenue 2014: $240,803Expenses 2014: $236,529Net Income 2014: $4,2742014Revenue 2015: $1,188,484Expenses 2015: $320,098Net Income 2015: $868,3862015Revenue 2016: $468,113Expenses 2016: $518,389Net Income 2016: -$50,2762016Revenue 2017: $387,225Expenses 2017: $590,113Net Income 2017: -$202,8882017Revenue 2018: $518,157Expenses 2018: $807,186Net Income 2018: -$289,0292018Revenue 2019: $584,135Expenses 2019: $737,525Net Income 2019: -$153,3902019Revenue 2020: $550,275Expenses 2020: $620,146Net Income 2020: -$69,8712020Revenue 2021: $475,531Expenses 2021: $312,741Net Income 2021: $162,7902021Revenue 2022: $466,045Expenses 2022: $355,192Net Income 2022: $110,8532022Revenue 2023: $2,257,586Expenses 2023: $586,761Net Income 2023: $1,670,8252023Revenue 2024: $683,868Expenses 2024: $693,749Net Income 2024: -$9,8812024Revenue 2025: $1,829,867Expenses 2025: $1,300,626Net Income 2025: $529,2412025

Highlighted filing

2016

Revenue$468,113
Expenses$518,389
Net Income-$50,276
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 1, 2016
Return Version
2015v3.0
Gross Receipts
$854,736
Mission and Program Overview

Mission

The lansing promise is a scholarship program designed to transform the lives of students, families and the lansing community. It offers a promise of hope for lansing's youth and long-term goal of changing the culture of lansing into a well-educated, vibrant, prosperous community for years to come. It inspires students to complete high school, sharpens focus on academic achievement and provides a direct path to post-secondary educational opportunities.

Lansing Promise helps students in gaining access to higher education through scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$999,033$940,846▼ $58,187
Prepaid Expenses and Deferred Charges-$1,204-
Total Assets$999,033$942,050▼ $56,983
Liabilities
Accounts Payable and Accrued Expenses$6,707--
Total Liabilities$6,707$0▼ $6,707
Net Assets / Fund Balance
Unrestricted Net Assets$992,326$942,050▼ $50,276
Total Net Assets Fund Balance$992,326$942,050▼ $50,276
Total Liabilities and Net Assets / Fund Balance$999,033$942,050▼ $56,983
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleBaseOtherTotal
Kelly Rossman-mckinneyDirector$27,504$14,231$41,735
Brad Pattersonj Term 62015-$27,504-$27,504

Board Members and Trustees

NameTitle
Kellie DeanBoard Chair
Lupe IzzoCommunity Chair
Chris HolmanCorporate Chair
Adam HaveyDirector
Bill BeekmanDirector
Chuck AbrahamDirector
David HollisterDirector
Greg EatonDirector
Jack DavisDirector
Jeff BensonDirector
Jim LynchDirector
Karen GrannemannDirector
Kevin KaplanDirector
Rachelle NealDirector
Rick WendorfDirector
Sheri JonesDirector
Steve AlexanderDirector
Todd DuckettDirector
Brad Pattersonj Term 62015Executive Director
Justin Sheehan Hire 112015Executive Director
Nino RodriguezSecretary
Dominic CarboneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$403,641
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$64,472
All Other Contributions
$403,641
Change in Net Assets
$-50,276

Audited Revenue Reconciliation

Revenue per Audited Statements
$468,113
Revenue Not Reported on Form 990
$386,623
Total Revenue per Audited Statements
$854,736
Total Revenue per Form 990
$468,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$408,696
Salaries, Compensation, and Employee Benefits$60,008
Other Expenses$49,685
Total Fundraising Expense$31,765
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$408,696--$408,696
Current Officers, Directors, Trustees, and Key Employees$18,813$18,813$18,812$56,438
Information Technology$6,903$3,904$3,903$14,710
Fees for Services Accounting$2,000$7,574$2,000$11,574
Advertising$7,558$0$0$7,558
Occupancy$2,250$2,250$2,250$6,750
Payroll Taxes$1,190$1,190$1,190$3,570
Conferences and Meetings$1,092$1,091$1,092$3,275
Insurance$893$892$893$2,678
Office Expenses$530$530$529$1,589
Other Expenses$0$45$0$45
Total Functional Expenses$450,130$36,494$31,765$518,389

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$905,012
Expenses per Audited Statements$518,389
Total Expenses per Form 990$518,389
Expenses Not Reported on Form 990$386,623
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Michigan State UnivEast Lansing, MI501(c)(3)Scholarships$230,550
Lansing Comm CollegeLansing, MI501(c)(3)Scholarships$147,896
Lansing School DistLansing, MI501(c)(3)Hope Director$25,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$451,095
Fundraising Direct Expenses$386,623
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$451,095$451,095$140,101$310,994
Total Events$451,095$451,095$386,623$64,472
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Lansing Promise
EIN
45-3363322
Phone
5172035020
Address
330 Marshall Street, Lansing, MI 48912

Signing Officer

Name
Kellie Dean
Title
Chair
Phone
5172035020
Signed
2016-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kellie Dean
Formed
2012
Legal Domicile
Mi
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
60

Preparer

Firm
Master Plan Inc
Address
6314 High St, Haslett, MI 48840
Preparer
James E Eddy CPA
Phone
5178976814
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The Form 990 is received by the organization's Board Chair who reviews the return for accuracy with the Executive Director. After any concerns presented are addressed, the Form 990 is emailed to all of the board members.”

Pt VI, Line 12C

“All Directors are required to verbally disclose any conflicts of interest and to notify the Board Chair of any conflicts that may arise throughout the year.”

Pt VI, Line 15A

“The Board of Directors determine the salary of the Executive Director in meetings without the Executive Director present.”

Pt VI, Line 19

“The Form 990 is public information through the Michigan Attorney General's office. Other governing documents may be requested at the Lansing Promise address.”

Pt XII, Line 2C

“Lansing Promise has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent acccountant. This process has not changed from the prior year.”

Pt VII, Col (E)

“Lansing Promise Zone Authority is the common paymaster for the executive director.”

Financial Statement Notes

Pt XI, Line 2D

“Direct Fundraising Event Expenses”

Pt XII, Line 2D

“Direct Fundraising Event Expenses”

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IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt0386623
IRS990/FundraisingGrossIncomeAmt0451095
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt0408696
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0408696
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0408696
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0854736
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt021
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt03903
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03904
IRS990/InformationTechnologyGrp/ProgramServicesAmt06903
IRS990/InformationTechnologyGrp/TotalAmt014710
IRS990/InsuranceGrp/FundraisingAmt0893
IRS990/InsuranceGrp/ManagementAndGeneralAmt0892
IRS990/InsuranceGrp/ProgramServicesAmt0893
IRS990/InsuranceGrp/TotalAmt02678
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Lansing Promise helps students
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0992326
IRS990/NetAssetsOrFundBalancesEOYAmt0942050
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt064472
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt064472
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt02250
IRS990/OccupancyGrp/ManagementAndGeneralAmt02250
IRS990/OccupancyGrp/ProgramServicesAmt02250
IRS990/OccupancyGrp/TotalAmt06750
IRS990/OfficeExpensesGrp/FundraisingAmt0529
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0530
IRS990/OfficeExpensesGrp/ProgramServicesAmt0530
IRS990/OfficeExpensesGrp/TotalAmt01589
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0Human Resources
IRS990/OtherExpensesGrp/Desc1Bank & Credit Card
IRS990/OtherExpensesGrp/Desc2Miscellaneous
IRS990/OtherExpensesGrp/FundraisingAmt0205
IRS990/OtherExpensesGrp/FundraisingAmt1891
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0205
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt245
IRS990/OtherExpensesGrp/ProgramServicesAmt0205
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt0615
IRS990/OtherExpensesGrp/TotalAmt1891
IRS990/OtherExpensesGrp/TotalAmt245
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01190
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01190
IRS990/PayrollTaxesGrp/ProgramServicesAmt01190
IRS990/PayrollTaxesGrp/TotalAmt03570
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01204
IRS990/PrincipalOfficerNm0KELLIE DEAN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01188484
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0223208
IRS990/PYOtherExpensesAmt041885
IRS990/PYRevenuesLessExpensesAmt0868386
IRS990/PYSalariesCompEmpBnftPaidAmt055005
IRS990/PYTotalExpensesAmt0320098
IRS990/PYTotalRevenueAmt01188484
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-50276
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0403641
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01188484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0240803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0158850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0122314
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02114092
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0988785
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt01125307
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0403641
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01188484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0240803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0158850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0122314
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02114092
IRS990ScheduleA/TotalSupportAmt02178564
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt064472
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt064472
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt0386623
IRS990ScheduleD/ExpensesSubtotalAmt0518389
IRS990ScheduleD/OtherExpensesIncludedAmt0386623
IRS990ScheduleD/OtherRevenueAmt0386623
IRS990ScheduleD/RevenueNotReportedAmt0386623
IRS990ScheduleD/RevenueSubtotalAmt0468113
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Direct Fundraising Event Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct Fundraising Event Expenses
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalExpensesPerForm990Amt0518389
IRS990ScheduleD/TotalRevenuePerForm990Amt0468113
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0854736
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0905012
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0386623
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0215000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0215000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt031522
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt031522
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0451095
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0451095
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0451095
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0451095
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt064472
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0140101
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0140101
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0147896
IRS990ScheduleI/RecipientTable/CashGrantAmt1230550
IRS990ScheduleI/RecipientTable/CashGrantAmt225000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Scholarships
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2Hope Director
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Lansing Comm College
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Michigan State Univ

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$942,050
Liabilities
$0
Net assets
$942,050
Revenue
$468,113
Expenses
$518,389
Net income
-$50,276
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.81$0.01$2.80$1.83$1.30$0.53
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.18$0.01$2.17$0.68$0.69$0.01
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.18$2.18$2.26$0.59$1.67
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.11$0.51$0.47$0.36$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.01$0.39$0.48$0.31$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.04$0.23$0.55$0.62$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.02$0.30$0.58$0.74$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.02$0.45$0.52$0.81$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.02$0.74$0.39$0.59$0.20
2016Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.47$0.52$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.00$0.01$0.99$1.19$0.32$0.87
2014Detailed filing. Detailed filing data is available for this year.$0.14$0.01$0.12$0.24$0.24$0.00
2013Summary only. Only limited summary data is available for this year.$0.13$0.01$0.16$0.16$0.00