Civic Intelligence

Michigan Life Sciences Engineering Advising & Development Consulting

990EZ • Fiscal year 2022 • EIN 46-5752258

Jan 01, 2022 to Dec 31, 2022 • Filed on May 07, 2023

Organization Profilewww.milead.org
PO Box 7898Ann Arbor, MI 48107

(240) 380-7878

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

45th percentile

1.9%

Higher net margin than 45% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

$51,978

No earlier filing loaded for comparison.

Net Assets

$51,978

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin45th percentile

Revenue

$110,055

No earlier filing loaded for comparison.

Expenses

$107,943

No earlier filing loaded for comparison.

Net Income

$2,112

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150K$100K$50K$0Assets 2022: $51,978Net Assets 2022: $51,9782022Assets 2023: $67,874Liabilities 2023: $29,472Net Assets 2023: $38,4022023Assets 2024: $120,378Liabilities 2024: $0Net Assets 2024: $120,3782024

Highlighted filing

2022

Assets$51,978
Liabilities-
Net Assets$51,978
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2022: $110,055Expenses 2022: $107,943Net Income 2022: $2,1122022Revenue 2023: $97,554Expenses 2023: $105,822Net Income 2023: -$8,2682023Revenue 2024: $86,247Expenses 2024: $33,743Net Income 2024: $52,5042024

Highlighted filing

2022

Revenue$110,055
Expenses$107,943
Net Income$2,112
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 7, 2023
Return Version
2022v5.0
Gross Receipts
$110,055
Mission and Program Overview

Mission

As a professional development nonprofit organization, our mission is to develop graduate students and postdoctoral fellows at the university of michigan into exceptional young professionals through student-to-student leadership and practical experience in non-academic industries. We strive to build students analytical, management, teamwork, and leadership skills in a professional setting, all while solving the complex problems facing our local and national partners. We aim to enable close collaboration between the scientific and local business communities through low-cost consulting services.

Program Services

DescriptionGrantsExpenses
As a professional development nonprofit organization, miLEAD develops graduate students and postdoctoral fellows at the University of Michigan into exceptional young professionals through close collaboration with the business community. We solve the complex problems facing our partners nationwide, while building students professional skill set with practical experience in non-academic industries. miLEAD has served over 20 clients during this reporting period aiding in the professional development of over 100 active student and postdoctoral members-$97,807
miLEAD offers opportunities to its members to explore non-academic careers paths and develop their professional skills. Active members of miLEAD are eligible to apply for the miLEAD Professional Development Grant, which may cover fees associated with non-academic events, career development resources, professional coaching, and personal branding materials. Additionally miLEAD awards honoraria to accomplished scientist in non-academic careers to give lectures$7,175-
miLEAD hosts workshops led by successful professionals to strengthen consulting and leadership skills. Additional workshops address career development for a non-academic career path through resume building, professional branding, and navigating a job search. miLEAD invites guest speakers spanning industries such as entrepreneurship, pharmaceuticals, consulting, and biotechnology to share their personal experiences in non-academic careers. These speakers offer their own insights on how their graduate education helped them transition to their respective fields and ultimately led to their industry success.-$2,961
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ANNE WEITZELVice PresidentPT$0--
M SYDNEY SMITHPresidentPT$0--
CHRISTINA Y LEEVice PresidentPT$0--
JOSE A COLINADirectorPT$0--
YEXIN YANGDirectorPT$0--
ROBERT GOLDSMITHDirectorPT$0--
STEVE GUZMANDirectorPT$0--
MITRE ATHAIYADirectorPT$0--
JUDY CHENDirectorPT$0--
SHANNON MILLERDirectorPT$0--
FRANCISCO SANCHEZ-CONDEDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Michigan Life Sciences Engineering Advising & Development Consulting
EIN
46-5752258
Phone
2403807878
Address
PO Box 7898, Ann Arbor, MI 48107

Signing Officer

Name
Jose Alejando Colina
Title
Director of Finance
Phone
2403807878
Signed
2023-05-07
Supplemental Narrative

Additional Explanations

Part I, Line 10

“miLEAD awards grants to reimburse students for costs associated with professional development activates. furthermore. miLEAD awards honoraria to speakers who come give talks about career development outside of academia”

Part I, Line 16

“Board......................................$17,875 Professional Development...$38,228 Member Investment..............$14,975 Project Expenses...................$21,361 Operational Expenses...........$2,854 Insurance...............................$1,837 Advertising & Marketing.......$2,563 Total........................................$99,693”

Part I, Line 20

“this amount represents milEADs prepaid insurance yet to expire by the end of the reporting period”

Raw XML Appendix203 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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IRS990EZ/PrimaryExemptPurposeTxt0AS A PROFESSIONAL DEVELOPMENT NONPROFIT ORGANIZATION, OUR MISSION IS TO DEVELOP GRADUATE STUDENTS AND POSTDOCTORAL FELLOWS AT THE UNIVERSITY OF MICHIGAN INTO EXCEPTIONAL YOUNG PROFESSIONALS THROUGH STUDENT-TO-STUDENT LEADERSHIP AND PRACTICAL EXPERIENCE IN NON-ACADEMIC INDUSTRIES. WE STRIVE TO BUILD STUDENTS ANALYTICAL, MANAGEMENT, TEAMWORK, AND LEADERSHIP SKILLS IN A PROFESSIONAL SETTING, ALL WHILE SOLVING THE COMPLEX PROBLEMS FACING OUR LOCAL AND NATIONAL PARTNERS. WE AIM TO ENABLE CLOSE COLLABORATION BETWEEN THE SCIENTIFIC AND LOCAL BUSINESS COMMUNITIES THROUGH LOW-COST CONSULTING SERVICES.
IRS990EZ/ProgramServiceRevenueAmt088051
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1As a professional development nonprofit organization, miLEAD develops graduate students and postdoctoral fellows at the University of Michigan into exceptional young professionals through close collaboration with the business community. We solve the complex problems facing our partners nationwide, while building students professional skill set with practical experience in non-academic industries. miLEAD has served over 20 clients during this reporting period aiding in the professional development of over 100 active student and postdoctoral members
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2miLEAD offers opportunities to its members to explore non-academic careers paths and develop their professional skills. Active members of miLEAD are eligible to apply for the miLEAD Professional Development Grant, which may cover fees associated with non-academic events, career development resources, professional coaching, and personal branding materials. Additionally miLEAD awards honoraria to accomplished scientist in non-academic careers to give lectures
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0miLEAD awards grants to reimburse students for costs associated with professional development activates. furthermore. miLEAD awards honoraria to speakers who come give talks about career development outside of academia
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board......................................$17,875 Professional Development...$38,228 Member Investment..............$14,975 Project Expenses...................$21,361 Operational Expenses...........$2,854 Insurance...............................$1,837 Advertising & Marketing.......$2,563 Total........................................$99,693
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2this amount represents milEADs prepaid insurance yet to expire by the end of the reporting period
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part I, Line 20
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Jose Alejando Colina
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director of Finance
ReturnHeader/BusinessOfficerGrp/PhoneNum02403807878
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICHIGAN LIFE SCIENCES ENGINEERING ADVISING & DEVELOPMENT CONSULTING
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0465752258
ReturnHeader/Filer/PhoneNum02403807878
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 7898
ReturnHeader/Filer/USAddress/CityNm0Ann Arbor
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048107
ReturnHeader/ReturnTs02023-05-07T19:24:41Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,978
Liabilities
-
Net assets
$51,978
Revenue
$110,055
Expenses
$107,943
Net income
$2,112
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.86$0.34$0.53
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.29$0.38$0.98$1.06$0.08
2022Detailed filing. Detailed filing data is available for this year.$0.52$0.52$1.10$1.08$0.02