Civic Intelligence

Harbor Springs Chamber Foundation

EIN 46-2447308 • 501(c)3 • Harbor Springs, MI

Profile

To promote and support the public welfare, community activities and programs of the harbor springs area. The primary activity is to manage charitable funds in support of community activities. Public fundraising will be focused on supporting activities which benefit the community as a whole.

118 East Main StreetHarbor Springs, MI 49740

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.00x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

65th percentile

0.00x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

19th percentile

-29%

Higher net margin than 19% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

76th percentile

20%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-49%

Faster revenue growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$240,610

Up $97,404 (+68%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$240,610

Up $139,168 (+137%) from 2023

Revenue

Up

$185,460

Up $116,870 (+170%) from 2023

Expenses

Up

$89,615

Up $1,106 (+1.2%) from 2023

Net Income

Up

$95,845

Up $115,764 (+581%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2013: $10,565Liabilities 2013: $02013Assets 2014: $27,297Net Assets 2014: $27,2972014Assets 2015: $33,362Net Assets 2015: $33,3622015Assets 2016: $35,531Net Assets 2016: $35,5312016Assets 2017: $36,541Liabilities 2017: $02017Assets 2018: $45,956Net Assets 2018: $45,9562018Assets 2019: $65,625Net Assets 2019: $65,6252019Assets 2020: $37,060Net Assets 2020: $37,0602020Assets 2021: $65,828Net Assets 2021: $65,8282021Assets 2022: $119,323Liabilities 2022: $364Net Assets 2022: $118,9592022Assets 2023: $143,206Liabilities 2023: $264Net Assets 2023: $101,4422023Assets 2024: $240,610Net Assets 2024: $240,6102024

Highlighted filing

2024

Assets$240,610
Liabilities-
Net Assets$240,610

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2013: $34,372Expenses 2013: $38,188Net Income 2013: -$3,8162013Revenue 2014: $39,115Expenses 2014: $22,383Net Income 2014: $16,7322014Revenue 2015: $80,383Expenses 2015: $74,318Net Income 2015: $6,0652015Revenue 2016: $76,086Expenses 2016: $73,917Net Income 2016: $2,1692016Revenue 2017: $79,220Expenses 2017: $78,210Net Income 2017: $1,0102017Revenue 2018: $83,677Expenses 2018: $74,262Net Income 2018: $9,4152018Revenue 2019: $94,105Expenses 2019: $74,436Net Income 2019: $19,6692019Revenue 2020: $24,674Expenses 2020: $53,239Net Income 2020: -$28,5652020Revenue 2021: $86,016Expenses 2021: $57,248Net Income 2021: $28,7682021Revenue 2022: $135,005Expenses 2022: $81,874Net Income 2022: $53,1312022Revenue 2023: $68,590Expenses 2023: $88,509Net Income 2023: -$19,9192023Revenue 2024: $185,460Expenses 2024: $89,615Net Income 2024: $95,8452024

Highlighted filing

2024

Revenue$185,460
Expenses$89,615
Net Income$95,845

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$185,460
Mission and Program Overview

Mission

Promote public welfare and community activities

To promote and support the public welfare, community activities and programs of the harbor springs area. The primary activity is to manage charitable funds in support of community activities. Public fundraising will be focused on supporting activities which benefit the community as a whole.

Program Services

DescriptionGrantsExpenses
FIREWORKS DISPLAY ON THE EVENING OF 4TH OF JULY.-$55,114
WEEKLY MUSICAL PERFORMANCES IN THE DOWNTOWN AREA ON THURSDAY EVENINGS IN JUNE, JULY AND AUGUST.-$20,365
ANNUAL CAR FESTIVAL IN THE PARK DOWNTOWN EVERY AUGUST.-$7,703
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREGG GARVERVice Preside-$0--
KATHRYN BREIGHNERPresident-$0--
ELIZABETH AHRENSSecretary-$0--
DEAN BONESTEELTreasurer-$0--
KAREN ADAMSDirector-$0--
ANDI TOLZDORFDirector-$0--
BONNIE KULPEx-Officio D-$0--
Filing and Contact Details

Filer

Filer Name
Harbor Springs Chamber Foundation
EIN
46-2447308
Phone
2314375300
Address
118 EAST MAIN STREET, HARBOR SPRINGS, MI 49740

Signing Officer

Name
Kathryn Breighner
Title
President
Phone
2314375300
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Mclane Blatchford CPA Firm Plc
Address
1108 BRIDGE STREET UNIT B, CHARLEVOIX, MI 49720-1305
Preparer
Adam C Blatchford CPA
Phone
2314375300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 2,456 office supplies 213 insurance 698 office supplies 1,086 cost of musicians 14,413 cost of fireworks 49,600 car festival expense 5,129 total 73,595

Form 990-ez, Part I, Line 20

Unrealized gain (losses) 1,823

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 264 0

Form 990-ez, Part III

To promote and support the public welfare, community activities and programs of the harbor springs area. The primary activity is to manage charitable funds in support of community activities. Public fundraising will be focused on supporting activities which benefit the community as a whole.

Raw XML Appendix150 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 2,456 OFFICE SUPPLIES 213 INSURANCE 698 OFFICE SUPPLIES 1,086 COST OF MUSICIANS 14,413 COST OF FIREWORKS 49,600 CAR FESTIVAL EXPENSE 5,129 TOTAL 73,595
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROMOTE AND SUPPORT THE PUBLIC WELFARE, COMMUNITY ACTIVITIES AND PROGRAMS OF THE HARBOR SPRINGS AREA. THE PRIMARY ACTIVITY IS TO MANAGE CHARITABLE FUNDS IN SUPPORT OF COMMUNITY ACTIVITIES. PUBLIC FUNDRAISING WILL BE FOCUSED ON SUPPORTING ACTIVITIES WHICH BENEFIT THE COMMUNITY AS A WHOLE.
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ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
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