Civic Intelligence

Medsau Fund

990EZ • Fiscal year 2016 • EIN 46-2450784

Jan 01, 2016 to Dec 31, 2016 • Filed on May 09, 2017

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

98th percentile

5.53x

Higher debt load relative to assets than 98% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

152.08x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-2011%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

86th percentile

57%

Faster asset growth than 86% of similar nonprofits.

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

Revenue Growth

3rd percentile

-88%

Faster revenue growth than 3% of similar nonprofits.

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

Assets

Up

$13,752

Up $4,996 (+57%) from 2015

Net Assets

Down

-$62,289

Down $10,056 (-19%) from 2015

Liabilities

Up

$76,041

Up $15,052 (+25%) from 2015

Revenue

Down

$500

Down $3,500 (-88%) from 2015

Expenses

Up

$10,556

Up $1,836 (+21%) from 2015

Net Income

Down

-$10,056

Down $5,336 (-113%) from 2015

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

2016

Assets$13,752
Liabilities$76,041
Net Assets-$62,289

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

2016

Revenue$500
Expenses$10,556
Net Income-$10,056
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 9, 2017
Return Version
2016v3.0
Gross Receipts
$500
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$10,556
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
2017-05-09
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: 7,036.

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: 1,100. Total included on form 990-ez, line 10: 8,136.

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: due to spring arbor university. Beg. Of year amount: 44,891. End of year amount: 51,427. Description: due to university of michigan. Beg. Of year amount: 16,098. End of year amount: 24,614.

Raw XML Appendix153 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/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.
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/WebsiteAddressTxt0NA
IRS990ScheduleA/First5Years170Ind0X
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt092559
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: MEDICAL RESEARCH. GRANTEE NAME: SPRING ARBOR UNIVERSITY. GRANTEE ADDRESS: 106 E MAIN STREET SPRING ARBOR, MI 49283. AMOUNT GIVEN: 7,036.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: MEDICAL RESEARCH. GRANTEE NAME: UNIVERSITY OF MICHIGAN. GRANTEE ADDRESS: 500 S STATE STREET ANN ARBOR, MI 48109. AMOUNT GIVEN: 1,100. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 8,136.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DIRECTORS INSURANCE. AMOUNT: 1,245.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO SPRING ARBOR UNIVERSITY. BEG. OF YEAR AMOUNT: 44,891. END OF YEAR AMOUNT: 51,427. DESCRIPTION: DUE TO UNIVERSITY OF MICHIGAN. BEG. OF YEAR AMOUNT: 16,098. END OF YEAR AMOUNT: 24,614.
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.
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ReturnHeader/FilingSecurityInformation/IPTm014:31:23
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REHMANN ROBSON LLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd049684
ReturnHeader/PreparerPersonGrp/PhoneNum02319463230
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KERRY J NELSON CPA
ReturnHeader/ReturnTs02017-05-10T09:17:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings