Civic Intelligence

Medsau Fund

990EZ • Fiscal year 2015 • EIN 46-2450784

Jan 01, 2015 to Dec 31, 2015 • Filed on May 05, 2016

106 E Main StreetSprings Arbor, MI 49283

(517) 262-8195

Siviq Scores

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

Liabilities / Assets

99th percentile

6.97x

Higher debt load relative to assets than 99% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

100th percentile

15.25x

Higher debt load relative to revenue than 100% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

4th percentile

-118%

Higher net margin than 4% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

5th percentile

-70%

Faster asset growth than 5% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-96%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$8,756

Down $20,358 (-70%) from 2014

Net Assets

-$52,233

No earlier filing loaded for comparison.

Liabilities

Down

$60,989

Down $15,638 (-20%) from 2014

Revenue

Down

$4,000

Down $88,563 (-96%) from 2014

Expenses

Down

$8,720

Down $105,698 (-92%) from 2014

Net Income

Up

-$4,720

Up $17,135 (+78%) from 2014

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50K-$100KAssets 2013: $11,551Liabilities 2013: $37,2092013Assets 2014: $29,114Liabilities 2014: $76,6272014Assets 2015: $8,756Liabilities 2015: $60,989Net Assets 2015: -$52,2332015Assets 2016: $13,752Liabilities 2016: $76,041Net Assets 2016: -$62,2892016

Highlighted filing

2015

Assets$8,756
Liabilities$60,989
Net Assets-$52,233

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2013: $80,226Expenses 2013: $105,884Net Income 2013: -$25,6582013Revenue 2014: $92,563Expenses 2014: $114,418Net Income 2014: -$21,8552014Revenue 2015: $4,000Expenses 2015: $8,720Net Income 2015: -$4,7202015Revenue 2016: $500Expenses 2016: $10,556Net Income 2016: -$10,0562016

Highlighted filing

2015

Revenue$4,000
Expenses$8,720
Net Income-$4,720
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 5, 2016
Return Version
2015v2.1
Gross Receipts
$4,000
Mission and Program Overview

Mission

To provide medical research funding for medical research and associated activities by organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code or the corresponding section of any future federal tax code.

Program Services

DescriptionGrantsExpenses
TO PROVIDE FUNDING FOR MEDICAL RESEARCH AND ASSOCIATED ACTIVITIES, INITIALLY ADDRESSING IMPROVEMENT OF MANAGEMENT OF CHRONIC LIFETIME CONDITIONS, SPECIFICALLY RESEARCH ON BRACHIAL PLEXUS PALSY IN CHILDREN.$0$8,745
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KIMBERLY RUPERTTreasurer-$0--
DONALD TOMFORDPresident/CEO-$0--
JOHN LAKE MDDirector-$0--
BRENT ELLISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Medsau Fund
EIN
46-2450784
Phone
5172628195
Address
106 E MAIN STREET, SPRINGS ARBOR, MI 49283

Signing Officer

Name
Joseph Lerczak
Title
Chief Financial Officer
Phone
5172628195
Signed
2016-05-05
Discuss with paid preparer
Yes

Preparer

Firm
Rehmann Robson LLC
Address
MILLIKEN PLACE 107 S CASS STE A, TRAVERSE CITY, MI 49684
Preparer
Kerry J Nelson CPA
Phone
2319463230
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: medical research. Grantee name: spring arbor university. Grantee address: 106 e main street spring arbor, mi 49283. Amount given: 5,780.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: medical research. Grantee name: university of michigan. Grantee address: 500 s state street ann arbor, mi 48109. Amount given: 575. Total included on form 990-ez, line 10: 6,355.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: directors insurance. Amount: 1,245.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 3,162. End of year amount: 0. Description: due to spring arbor university. Beg. Of year amount: 50,526. End of year amount: 44,891. Description: due to university of michigan. Beg. Of year amount: 22,939. End of year amount: 16,098.

Raw XML Appendix144 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOSEPH LERCZAK
IRS990EZ/BooksInCareOfDetail/PhoneNum05172628195
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt04004 STONERIDGE DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JACKSON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd049201
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IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt08756
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt06355
IRS990EZ/GrossReceiptsAmt04000
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-47513
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-52233
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-47513
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-52233
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KIMBERLY RUPERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DONALD TOMFORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN LAKE MD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BRENT ELLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT/CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01245
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE MEDICAL RESEARCH FUNDING FOR MEDICAL RESEARCH AND ASSOCIATED ACTIVITIES BY ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE FUNDING FOR MEDICAL RESEARCH AND ASSOCIATED ACTIVITIES, INITIALLY ADDRESSING IMPROVEMENT OF MANAGEMENT OF CHRONIC LIFETIME CONDITIONS, SPECIFICALLY RESEARCH ON BRACHIAL PLEXUS PALSY IN CHILDREN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt076627
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt060989
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt04000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt092559
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt080225
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0176784
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt080225
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0176784
IRS990ScheduleA/TotalSupportAmt0176789
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: MEDICAL RESEARCH. GRANTEE NAME: SPRING ARBOR UNIVERSITY. GRANTEE ADDRESS: 106 E MAIN STREET SPRING ARBOR, MI 49283. AMOUNT GIVEN: 5,780.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: MEDICAL RESEARCH. GRANTEE NAME: UNIVERSITY OF MICHIGAN. GRANTEE ADDRESS: 500 S STATE STREET ANN ARBOR, MI 48109. AMOUNT GIVEN: 575. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 6,355.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DIRECTORS INSURANCE. AMOUNT: 1,245.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 3,162. END OF YEAR AMOUNT: 0. DESCRIPTION: DUE TO SPRING ARBOR UNIVERSITY. BEG. OF YEAR AMOUNT: 50,526. END OF YEAR AMOUNT: 44,891. DESCRIPTION: DUE TO UNIVERSITY OF MICHIGAN. BEG. OF YEAR AMOUNT: 22,939. END OF YEAR AMOUNT: 16,098.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH LERCZAK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05172628195
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MEDSAU FUND
ReturnHeader/Filer/BusinessNameControlTxt0MEDS
ReturnHeader/Filer/EIN0462450784
ReturnHeader/Filer/PhoneNum05172628195
ReturnHeader/Filer/USAddress/AddressLine1Txt0106 E MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0SPRINGS ARBOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049283
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383635706
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REHMANN ROBSON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0MILLIKEN PLACE 107 S CASS STE A
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRAVERSE CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049684
ReturnHeader/PreparerPersonGrp/PhoneNum02319463230
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KERRY J NELSON CPA
ReturnHeader/ReturnTs02016-05-10T12:55:49-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings