Civic Intelligence

Michigan State Education Network

990 • Fiscal year 2021 • EIN 47-1090295

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 02, 2021

2413 West Maple AvenueFlint, MI 48507

(810) 591-4413

Siviq Scores

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

Liabilities / Assets

34th percentile

0.07x

Higher debt load relative to assets than 34% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

64th percentile

0.39x

Higher debt load relative to revenue than 64% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

3rd percentile

-76%

Higher net margin than 3% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

8th percentile

-7.1%

Faster asset growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

32%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Down

$20,916,686

Down $1,587,954 (-7.1%) from 2020

Net Assets

Down

$19,529,724

Down $2,686,925 (-12%) from 2020

Liabilities

Up

$1,386,962

Up $1,098,971 (+382%) from 2020

Revenue

Up

$3,515,602

Up $845,715 (+32%) from 2020

Expenses

Up

$6,202,527

Up $1,066,385 (+21%) from 2020

Net Income

Down

-$2,686,925

Down $220,670 (-8.9%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2020: $22,504,640Liabilities 2020: $287,991Net Assets 2020: $22,216,6492020Assets 2021: $20,916,686Liabilities 2021: $1,386,962Net Assets 2021: $19,529,7242021Assets 2022: $20,039,398Liabilities 2022: $3,110,055Net Assets 2022: $16,929,3432022Assets 2023: $14,926,285Liabilities 2023: $137,354Net Assets 2023: $14,788,9312023Assets 2024: $12,753,839Liabilities 2024: $46,024Net Assets 2024: $12,707,8152024Assets 2025: $23,565,109Liabilities 2025: $11,118,100Net Assets 2025: $12,447,0092025

Highlighted filing

2021

Assets$20,916,686
Liabilities$1,386,962
Net Assets$19,529,724

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2020: $2,669,887Expenses 2020: $5,136,142Net Income 2020: -$2,466,2552020Revenue 2021: $3,515,602Expenses 2021: $6,202,527Net Income 2021: -$2,686,9252021Revenue 2022: $5,257,344Expenses 2022: $7,857,725Net Income 2022: -$2,600,3812022Revenue 2023: $3,584,534Expenses 2023: $5,724,946Net Income 2023: -$2,140,4122023Revenue 2024: $3,804,379Expenses 2024: $5,885,495Net Income 2024: -$2,081,1162024Revenue 2025: $5,035,637Expenses 2025: $5,296,443Net Income 2025: -$260,8062025

Highlighted filing

2021

Revenue$3,515,602
Expenses$6,202,527
Net Income-$2,686,925
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 2, 2021
Return Version
2020v4.0
Gross Receipts
$3,515,602
Mission and Program Overview

Mission

The corporation is organized exclusively for the purposes set forth in section 501(c)(3) of the internal revenue code of 1986, or the corresponding provision of any future united states internal revenue law (the "code"). The primary goal of the corporation is to facilitate the creation of a statewide educational network to assist in the delivery of online assessments and foster the sharing of educational services across the state. The objective of the corporation shall include, but not necessarily be limited to the following: a. To coordinate and lead the formation of a sustainable statewide educational network, b. To have the statewide educational network connect all intermediate school districts, local districts, and public school academies in an intranet that can efficiently deliver online assessments and further enable the sharing of services across the state, c. To create an expanded network that can provide connectively options for other state and local government agencies such t

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$19,530,751$17,475,267▼ $2,055,484
Accounts Receivable$2,896,474$3,369,843▲ $473,369
Prepaid Expenses and Deferred Charges$77,415$71,576▼ $5,839
Total Assets$22,504,640$20,916,686▼ $1,587,954
Liabilities
Accounts Payable and Accrued Expenses$287,991$1,386,962▲ $1,098,971
Total Liabilities$287,991$1,386,962▲ $1,098,971
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,216,649$19,529,724▼ $2,686,925
Total Net Assets Fund Balance$22,216,649$19,529,724▼ $2,686,925
Total Liabilities and Net Assets / Fund Balance$22,504,640$20,916,686▼ $1,587,954
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lisa HagelPresident
George Stockero JrDirector
Jamie HuberDirector
John SearlesDirector
Randy LiepaDirector
Stephen McnewDirector
Terance LungerDirector
Wanda Cook-robinsonDirector
Richard FranklinSecretary
David SchulteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,501,497
Program Service Revenue
$0
Investment Income
$14,105
Other Revenue
$0
Change in Net Assets
$-2,686,925

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,515,602
Total Revenue per Audited Statements
$3,515,602
Total Revenue per Form 990
$3,515,602
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,202,527
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$80,749--$80,749
Other Expenses$55,800--$55,800
Fees for Services Legal$12,338--$12,338
Insurance$11,315--$11,315
Fees for Services Accounting$10,500--$10,500
Total Functional Expenses$6,202,527$0$0$6,202,527

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,202,527
Total Expenses per Audited Statements$6,202,527
Total Expenses per Form 990$6,202,527
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
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 and formally approves the annual audited financial statements and the form 990 as an action item in a regular board meeeting.

Form 990, Page 6, Part VI, Line 12C

The board annually attests to its adherence with its conflict of interest policy.

Form 990, Page 6, Part VI, Line 19

All organization governing documents, conflict of interest policy and audited financial statement are available to the publice to review at the organization's office of record.

Filing and Contact Details

Filer

Filer Name
Michigan State Education Network
EIN
47-1090295
Phone
8105914413
Address
2413 WEST MAPLE AVENUE, FLINT, MI 48507

Signing Officer

Name
David Schulte
Title
Treasurer
Phone
8105914414
Signed
2021-11-02

Organization Details

Principal Officer
David Schulte
Formed
2014
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Lewis & Knopf Cpas
Address
5206 GATEWAY CENTRE SUITE 100, FLINT, MI 48507
Preparer
Jeff Sabolish
Phone
8102384617
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The corporation is organized exclusively for the purposes set forth in section 501(c)(3) of the internal revenue code of 1986, or the corresponding provision of any future united states internal revenue law (the "code"). The primary goal of the corporation is to facilitate the creation of a statewide educational network to assist in the delivery of online assessments and foster the sharing of educational services across the state. The objective of the corporation shall include, but not necessarily be limited to the following: a. To coordinate and lead the formation of a sustainable statewide educational network, b. To have the statewide educational network connect all intermediate school districts, local districts, and public school academies in an intranet that can efficiently deliver online assessments and further enable the sharing of services across the state, c. To create an expanded network that can provide connectively options for other state and local government agencies such that such users will have access to potentially more cost effective options and can therefore share in the costs of the network ensuring sustainability, d. To provide related business and financial operations, human resource administration, resource development, research, marketing, technology coordination, digital library support, training and development, and other support operations for a statewide educational network, e. To support and encourage various collaborative efforts among educational institutions, businesses, nonprofit organizations, and government agencies to meet the goals of the statewide educational network, f. To support and encourage learning collaboratives, g. To create and operate for educational purposes such programs and services as may be necessary to carry out the purposes set forth in this article, h. To facilitate the continuing professional development of the member entities.

Form 990, Page 2, Part III, Line 4D

The purpose of the data service collaborative fund for the funds used for the statewide collaborative initiative. The purpose of the e-rate fund is to maintain the fund recieved from kent intermediate school district for e-rate reimbursements. The purpose of the misen fund is to connect intermediate school districts and eventually k-12 buildings, including lea's and psa's to a statewide fiber-optic backbone network.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE PURPOSE OF THE EDUPATH FUND IS TO PROVIDE PROFESSIONAL DEVELOPMENT TO TEACHERS. MICHIGAN STATE EDUCATIONAL NETWORK PROVIDES 200 PLUS COURSES ONLINE FOR THIS PURPOSE AND SUPPLIES STATE CONTINUING EDUCATION CLOCK HOURS TO TEACHERS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSES SET FORTH IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, OR THE CORRESPONDING PROVISION OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW (THE "CODE"). THE PRIMARY GOAL OF THE CORPORATION IS TO FACILITATE THE CREATION OF A STATEWIDE EDUCATIONAL NETWORK TO ASSIST IN THE DELIVERY OF ONLINE ASSESSMENTS AND FOSTER THE SHARING OF EDUCATIONAL SERVICES ACROSS THE STATE. THE OBJECTIVE OF THE CORPORATION SHALL INCLUDE, BUT NOT NECESSARILY BE LIMITED TO THE FOLLOWING: A. TO COORDINATE AND LEAD THE FORMATION OF A SUSTAINABLE STATEWIDE EDUCATIONAL NETWORK, B. TO HAVE THE STATEWIDE EDUCATIONAL NETWORK CONNECT ALL INTERMEDIATE SCHOOL DISTRICTS, LOCAL DISTRICTS, AND PUBLIC SCHOOL ACADEMIES IN AN INTRANET THAT CAN EFFICIENTLY DELIVER ONLINE ASSESSMENTS AND FURTHER ENABLE THE SHARING OF SERVICES ACROSS THE STATE, C. TO CREATE AN EXPANDED NETWORK THAT CAN PROVIDE CONNECTIVELY OPTIONS FOR OTHER STATE AND LOCAL GOVERNMENT AGENCIES SUCH THAT SUCH USERS WILL HAVE ACCESS TO POTENTIALLY MORE COST EFFECTIVE OPTIONS AND CAN THEREFORE SHARE IN THE COSTS OF THE NETWORK ENSURING SUSTAINABILITY, D. TO PROVIDE RELATED BUSINESS AND FINANCIAL OPERATIONS, HUMAN RESOURCE ADMINISTRATION, RESOURCE DEVELOPMENT, RESEARCH, MARKETING, TECHNOLOGY COORDINATION, DIGITAL LIBRARY SUPPORT, TRAINING AND DEVELOPMENT, AND OTHER SUPPORT OPERATIONS FOR A STATEWIDE EDUCATIONAL NETWORK, E. TO SUPPORT AND ENCOURAGE VARIOUS COLLABORATIVE EFFORTS AMONG EDUCATIONAL INSTITUTIONS, BUSINESSES, NONPROFIT ORGANIZATIONS, AND GOVERNMENT AGENCIES TO MEET THE GOALS OF THE STATEWIDE EDUCATIONAL NETWORK, F. TO SUPPORT AND ENCOURAGE LEARNING COLLABORATIVES, G. TO CREATE AND OPERATE FOR EDUCATIONAL PURPOSES SUCH PROGRAMS AND SERVICES AS MAY BE NECESSARY TO CARRY OUT THE PURPOSES SET FORTH IN THIS ARTICLE, H. TO FACILITATE THE CONTINUING PROFESSIONAL DEVELOPMENT OF THE MEMBER ENTITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PURPOSE OF THE DATA SERVICE COLLABORATIVE FUND FOR THE FUNDS USED FOR THE STATEWIDE COLLABORATIVE INITIATIVE. THE PURPOSE OF THE E-RATE FUND IS TO MAINTAIN THE FUND RECIEVED FROM KENT INTERMEDIATE SCHOOL DISTRICT FOR E-RATE REIMBURSEMENTS. THE PURPOSE OF THE MISEN FUND IS TO CONNECT INTERMEDIATE SCHOOL DISTRICTS AND EVENTUALLY K-12 BUILDINGS, INCLUDING LEA'S AND PSA'S TO A STATEWIDE FIBER-OPTIC BACKBONE NETWORK.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS AND FORMALLY APPROVES THE ANNUAL AUDITED FINANCIAL STATEMENTS AND THE FORM 990 AS AN ACTION ITEM IN A REGULAR BOARD MEEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD ANNUALLY ATTESTS TO ITS ADHERENCE WITH ITS CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL ORGANIZATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENT ARE AVAILABLE TO THE PUBLICE TO REVIEW AT THE ORGANIZATION'S OFFICE OF RECORD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-02
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ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-18
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ReturnHeader/ReturnTs02022-03-18T14:53:20-05:00
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ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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