Civic Intelligence

Michigan Made Great Fund

990 • Fiscal year 2018 • EIN 46-5394163

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

Organization ProfileWWW.MIHOUSEDEMS.COM
PO Box 11013Lansing, MI 48901

(517) 373-1868

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.00x

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-29%

Higher net margin than 12% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2018 filings • 501(c)4 • <$500k nonprofits • Source year 2018

Asset Growth

6th percentile

-52%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

91st percentile

55%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$10,925

Down $35,593 (-77%) from 2016

Net Assets

Down

$10,925

Down $35,593 (-77%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin12th percentile

Revenue

Up

$286,335

Up $166,758 (+139%) from 2016

Expenses

Up

$370,752

Up $257,544 (+227%) from 2016

Net Income

Down

-$84,417

Down $90,786 (-1425%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$60K$40K$20K$0Assets 2015: $40,149Liabilities 2015: $0Net Assets 2015: $40,1492015Assets 2016: $46,518Liabilities 2016: $0Net Assets 2016: $46,5182016Assets 2018: $10,925Liabilities 2018: $0Net Assets 2018: $10,9252018Assets 2019: $36,953Net Assets 2019: $36,9532019Assets 2020: $41,461Net Assets 2020: $41,4612020

Highlighted filing

2018

Assets$10,925
Liabilities$0
Net Assets$10,925
Open 2018 Filing

Operations Trend

Revenue Growth91st percentile

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

$400K$200K$0-$200KRevenue 2015: $134,819Expenses 2015: $95,038Net Income 2015: $39,7812015Revenue 2016: $119,577Expenses 2016: $113,208Net Income 2016: $6,3692016Revenue 2018: $286,335Expenses 2018: $370,752Net Income 2018: -$84,4172018Revenue 2019: $49,463Expenses 2019: $23,435Net Income 2019: $26,0282019Revenue 2020: $34,516Expenses 2020: $30,008Net Income 2020: $4,5082020

Highlighted filing

2018

Revenue$286,335
Expenses$370,752
Net Income-$84,417
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$286,335
Mission and Program Overview

Mission

The primary purpose is to research issues, educate the public and promote public policies that directly impact Michigan residents. To support and promote programs that look to improve the environment, socio-ecomonic policies, transportation and health policies within Michigan.

Michigan made great fund's ("mmgf") purpose is to promote civic action and social welfare by furthering the common good and general well-being of the residents of michigan. Mmgf activities include educating and promoting public policies that directly impact michigan residents. The organization also supports programs aimed at bettering michigan and promoting the active and robust environment of all michigan residents in the legislative process. The organization receives and administers funds to sponsor, conduct research, and hold events that encompass these purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$95,342$10,925▼ $84,417
Total Assets$95,342$10,925▼ $84,417
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$95,342$10,925▼ $84,417
Total Net Assets Fund Balance$95,342$10,925▼ $84,417
Total Liabilities and Net Assets / Fund Balance$95,342$10,925▼ $84,417
Compensation and Service Providers
Top Officer Pay86th percentile

Board Members and Trustees

NameTitle
Jack SchmittPresident
Lisa CanadaDirector
Patrick SchuhSecretary
Doug PrattTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$286,313
Program Service Revenue
$0
Investment Income
$22
Other Revenue
$0
All Other Contributions
$286,313
Change in Net Assets
$-84,417
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$242,500
Salaries, Compensation, and Employee Benefits$78,968
Other Expenses$49,284
Total Fundraising Expense$14,720
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$242,500--$242,500
Other Salaries and Wages$49,943--$49,943
Payroll Taxes$29,025--$29,025
Travel$5,986$5,809$5,810$17,605
Conferences and Meetings$1,780$1,834$1,779$5,393
Fees for Services Other$1,082$1,082$1,116$3,280
All Other Expenses$139$1,540$140$1,819
Other Expenses$1,512$1,710$1,469$1,710
Information Technology$1,674--$1,674
Office Expenses$23$22$21$66
Total Functional Expenses$338,048$17,984$14,720$370,752
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Voting ProjectCharlotte, NC--$125,000
21st Century FundWashington, DC501c3-$115,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The board of directors reviews the form 990 before it is signed and submitted to the irs.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Michigan Made Great Fund
EIN
46-5394163
Phone
5173731868
Address
PO BOX 11013, LANSING, MI 48901

Signing Officer

Name
Jack Schmitt
Title
President
Phone
5173731868
Signed
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack Schmitt
Formed
2014
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
4
Employees
7

Preparer

Firm
Altruic Advisors Cpas
Address
4088 WASHTENAW AVE, ANN ARBOR, MI 48108
Preparer
Ryan N Hagan CPA
Phone
7344763720
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Michigan made great fund's ("mmgf") purpose is to promote civic action and social welfare by furthering the common good and general well-being of the residents of michigan. Mmgf activities include educating and promoting public policies that directly impact michigan residents. The organization also supports programs aimed at bettering michigan and promoting the active and robust environment of all michigan residents in the legislative process. The organization receives and administers funds to sponsor, conduct research, and hold events that encompass these purposes.”

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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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REQUIRES RECIPIENT ORGANIZATIONS TO COMPLETE A FULL ACCOUNTING OF ALL AWARDED FUNDS. AT THE REQUEST OF MICHIGAN MADE GREAT FUND, RECIPIENT ORGANIZATIONS ARE REQUIRED TO FURNISH A FULL REPORT OF ALL FUNDS EXPENSED.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHIGAN MADE GREAT FUND'S ("MMGF") PURPOSE IS TO PROMOTE CIVIC ACTION AND SOCIAL WELFARE BY FURTHERING THE COMMON GOOD AND GENERAL WELL-BEING OF THE RESIDENTS OF MICHIGAN. MMGF ACTIVITIES INCLUDE EDUCATING AND PROMOTING PUBLIC POLICIES THAT DIRECTLY IMPACT MICHIGAN RESIDENTS. THE ORGANIZATION ALSO SUPPORTS PROGRAMS AIMED AT BETTERING MICHIGAN AND PROMOTING THE ACTIVE AND ROBUST ENVIRONMENT OF ALL MICHIGAN RESIDENTS IN THE LEGISLATIVE PROCESS. THE ORGANIZATION RECEIVES AND ADMINISTERS FUNDS TO SPONSOR, CONDUCT RESEARCH, AND HOLD EVENTS THAT ENCOMPASS THESE PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS THE FORM 990 BEFORE IT IS SIGNED AND SUBMITTED TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,925
Liabilities
$0
Net assets
$10,925
Revenue
$286,335
Expenses
$370,752
Net income
-$84,417
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.41$0.35$0.30$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.37$0.49$0.23$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$2.86$3.71$0.84
2016Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$1.20$1.13$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$1.35$0.95$0.40