Civic Intelligence

Flint Firebirds Foundation

990EZ • Fiscal year 2020 • EIN 47-5056117

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 11, 2021

503 S Saginaw St Ste 1000Flint, MI 48502

(239) 772-9299

Siviq Scores

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

Liabilities / Assets

96th percentile

1.75x

Higher debt load relative to assets than 96% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.14x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

51st percentile

5.7%

Higher net margin than 51% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

94th percentile

261%

Faster asset growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-49%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,915

Up $2,107 (+261%) from 2019

Net Assets

Up

-$2,173

Up $2,099 (+49%) from 2019

Liabilities

Up

$5,088

Up $8 (+0.2%) from 2019

Revenue

Down

$36,682

Down $35,495 (-49%) from 2019

Expenses

Down

$34,583

Down $39,078 (-53%) from 2019

Net Income

Up

$2,099

Up $3,583 (+241%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20KAssets 2016: $5,063Liabilities 2016: $02016Assets 2017: $5,119Liabilities 2017: $02017Assets 2018: $12,212Liabilities 2018: $15,000Net Assets 2018: -$2,7882018Assets 2019: $808Liabilities 2019: $5,080Net Assets 2019: -$4,2722019Assets 2020: $2,915Liabilities 2020: $5,088Net Assets 2020: -$2,1732020Assets 2021: $11,436Liabilities 2021: $13,131Net Assets 2021: -$1,6952021Assets 2022: $1Liabilities 2022: $2,895Net Assets 2022: -$2,8952022Assets 2023: $10,179Liabilities 2023: $12,000Net Assets 2023: -$1,8212023Assets 2024: $42,691Liabilities 2024: $12,470Net Assets 2024: $30,2212024

Highlighted filing

2020

Assets$2,915
Liabilities$5,088
Net Assets-$2,173

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $48,742Expenses 2016: $44,463Net Income 2016: $4,2792016Revenue 2017: $61,438Expenses 2017: $61,382Net Income 2017: $562017Revenue 2018: $54,482Expenses 2018: $62,387Net Income 2018: -$7,9052018Revenue 2019: $72,177Expenses 2019: $73,661Net Income 2019: -$1,4842019Revenue 2020: $36,682Expenses 2020: $34,583Net Income 2020: $2,0992020Revenue 2021: $16,279Expenses 2021: $15,800Net Income 2021: $4792021Revenue 2022: $82,875Expenses 2022: $84,076Net Income 2022: -$1,2012022Revenue 2023: $77,174Expenses 2023: $76,100Net Income 2023: $1,0742023Revenue 2024: $109,248Expenses 2024: $77,206Net Income 2024: $32,0422024

Highlighted filing

2020

Revenue$36,682
Expenses$34,583
Net Income$2,099
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.0
Gross Receipts
$36,682
Mission and Program Overview

Mission

To receive and administer funds and to support and assist youth hockey with participation, growth, and general youth initiatives in genesee county, michigan and lapeer county, michigan. To acquire, own, dispose of, lease, and deal with real and personal property and interests therein and to apply gifts, grants, bequests and devises and their proceeds in furtherance of the purposes of the corporation. To do such things and to perform such acts to accomplish its purposes as the board of directors may determine to be appropriate and, as are not forbidden by sections 501(c)(3) and 509(a)(3) of the code, with all the power conferred on nonprofit corporations under the laws of the state of michigan.

Program Services

DescriptionGrantsExpenses
THE FLINT FIREBIRDS FOUNDATIONS PURPOSE IS TO SUPPORT GENERAL YOUTH INITIATIVES AND YOUTH HOCKEY IN GENESEE AND LAPEER COUNTIES IN MICHIGAN. THE FOUNDATION RAISES MONEY AT FIREBIRDS HOCKEY GAMES AT THE DORT FEDERAL EVENT CENTER VIA CHUCK-A-PUCK SALES, LIVE AND SILENT JERSEY AUCTIONS AND FAN AND CORPORATE PARTNER DONATIONS. THE TEAM RAISES AND DONATES FUNDS IN SUPPORT OF LOCAL CHARITIES. THE FLINT FIREBIRDS FOUNDATION CONTRIBUTES PART OF THE FUNDS RECEIVED THROUGH FLINT FIREBIRD FOUNDATION FUNDRAISING ACTIVITES TO LOCAL CHARITIES IN FLINT AND GENESEE COUNTY'S. LOCAL 501(C)(3) CHARITIES ARE SELECTED BASED ON A DISCRETIONARY BASIS BY THE FOUNDATION'S BOARD.-$34,583
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MONIKA KRONENBERGERPresidentPT$0--
KARLA TURNERSecretaryPT$0--
EVE ROETreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Flint Firebirds Foundation
EIN
47-5056117
Address
503 S SAGINAW ST STE 1000, FLINT, MI 48502

Signing Officer

Name
Eve Roe
Title
Treasurer
Phone
2397729299
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Gallagher and Rhodes Pa
Address
3501 DEL PRADO BLVD S 302, CAPE CORAL, FL 33904
Preparer
Dawn Trout
Phone
2395424400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 1,421 bank service charges 261 funds to local 501(c)(3) 1 charities(list attached ) 25,495 professional fees 2,213 operational expenses 3,371 loan interest 8 program expense 1,813 total 34,583

Form 990-ez, Part II, Line 26

NOTE PAYABLE 5,080 5,088

Form 990-ez, Part III

To receive and administer funds and to support and assist youth hockey with participation, growth, and general youth initiatives in genesee county, michigan and lapeer county, michigan. To acquire, own, dispose of, lease, and deal with real and personal property and interests therein and to apply gifts, grants, bequests and devises and their proceeds in furtherance of the purposes of the corporation. To do such things and to perform such acts to accomplish its purposes as the board of directors may determine to be appropriate and, as are not forbidden by sections 501(c)(3) and 509(a)(3) of the code, with all the power conferred on nonprofit corporations under the laws of the state of michigan.

Form 990-ez, Part III, Line 28

The flint firebirds foundations purpose is to support general youth initiatives and youth hockey in genesee and lapeer counties in michigan. The foundation raises money at firebirds hockey games at the dort federal event center via chuck-a-puck sales, live and silent jersey auctions and fan and corporate partner donations. The team raises and donates funds in support of local charities. The flint firebirds foundation contributes part of the funds received through flint firebird foundation fundraising activites to local charities in flint and genesee county's. Local 501(c)(3) charities are selected based on a discretionary basis by the foundation's board.

Raw XML Appendix135 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/PrimaryExemptPurposeTxt0TO RECEIVE AND ADMINISTER FUNDS AND TO SUPPORT AND ASSIST YOUTH HOCKEY WITH PARTICIPATION, GROWTH, AND GENERAL YOUTH INITIATIVES IN GENESEE COUNTY, MICHIGAN AND LAPEER COUNTY, MICHIGAN. TO ACQUIRE, OWN, DISPOSE OF, LEASE, AND DEAL WITH REAL AND PERSONAL PROPERTY AND INTERESTS THEREIN AND TO APPLY GIFTS, GRANTS, BEQUESTS AND DEVISES AND THEIR PROCEEDS IN FURTHERANCE OF THE PURPOSES OF THE CORPORATION. TO DO SUCH THINGS AND TO PERFORM SUCH ACTS TO ACCOMPLISH ITS PURPOSES AS THE BOARD OF DIRECTORS MAY DETERMINE TO BE APPROPRIATE AND, AS ARE NOT FORBIDDEN BY SECTIONS 501(C)(3) AND 509(A)(3) OF THE CODE, WITH ALL THE POWER CONFERRED ON NONPROFIT CORPORATIONS UNDER THE LAWS OF THE STATE OF MICHIGAN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FLINT FIREBIRDS FOUNDATIONS PURPOSE IS TO SUPPORT GENERAL YOUTH INITIATIVES AND YOUTH HOCKEY IN GENESEE AND LAPEER COUNTIES IN MICHIGAN. THE FOUNDATION RAISES MONEY AT FIREBIRDS HOCKEY GAMES AT THE DORT FEDERAL EVENT CENTER VIA CHUCK-A-PUCK SALES, LIVE AND SILENT JERSEY AUCTIONS AND FAN AND CORPORATE PARTNER DONATIONS. THE TEAM RAISES AND DONATES FUNDS IN SUPPORT OF LOCAL CHARITIES. THE FLINT FIREBIRDS FOUNDATION CONTRIBUTES PART OF THE FUNDS RECEIVED THROUGH FLINT FIREBIRD FOUNDATION FUNDRAISING ACTIVITES TO LOCAL CHARITIES IN FLINT AND GENESEE COUNTY'S. LOCAL 501(C)(3) CHARITIES ARE SELECTED BASED ON A DISCRETIONARY BASIS BY THE FOUNDATION'S BOARD.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 1,421 BANK SERVICE CHARGES 261 FUNDS TO LOCAL 501(C)(3) 1 CHARITIES(LIST ATTACHED ) 25,495 PROFESSIONAL FEES 2,213 OPERATIONAL EXPENSES 3,371 LOAN INTEREST 8 PROGRAM EXPENSE 1,813 TOTAL 34,583
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NOTE PAYABLE 5,080 5,088
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO RECEIVE AND ADMINISTER FUNDS AND TO SUPPORT AND ASSIST YOUTH HOCKEY WITH PARTICIPATION, GROWTH, AND GENERAL YOUTH INITIATIVES IN GENESEE COUNTY, MICHIGAN AND LAPEER COUNTY, MICHIGAN. TO ACQUIRE, OWN, DISPOSE OF, LEASE, AND DEAL WITH REAL AND PERSONAL PROPERTY AND INTERESTS THEREIN AND TO APPLY GIFTS, GRANTS, BEQUESTS AND DEVISES AND THEIR PROCEEDS IN FURTHERANCE OF THE PURPOSES OF THE CORPORATION. TO DO SUCH THINGS AND TO PERFORM SUCH ACTS TO ACCOMPLISH ITS PURPOSES AS THE BOARD OF DIRECTORS MAY DETERMINE TO BE APPROPRIATE AND, AS ARE NOT FORBIDDEN BY SECTIONS 501(C)(3) AND 509(A)(3) OF THE CODE, WITH ALL THE POWER CONFERRED ON NONPROFIT CORPORATIONS UNDER THE LAWS OF THE STATE OF MICHIGAN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FLINT FIREBIRDS FOUNDATIONS PURPOSE IS TO SUPPORT GENERAL YOUTH INITIATIVES AND YOUTH HOCKEY IN GENESEE AND LAPEER COUNTIES IN MICHIGAN. THE FOUNDATION RAISES MONEY AT FIREBIRDS HOCKEY GAMES AT THE DORT FEDERAL EVENT CENTER VIA CHUCK-A-PUCK SALES, LIVE AND SILENT JERSEY AUCTIONS AND FAN AND CORPORATE PARTNER DONATIONS. THE TEAM RAISES AND DONATES FUNDS IN SUPPORT OF LOCAL CHARITIES. THE FLINT FIREBIRDS FOUNDATION CONTRIBUTES PART OF THE FUNDS RECEIVED THROUGH FLINT FIREBIRD FOUNDATION FUNDRAISING ACTIVITES TO LOCAL CHARITIES IN FLINT AND GENESEE COUNTY'S. LOCAL 501(C)(3) CHARITIES ARE SELECTED BASED ON A DISCRETIONARY BASIS BY THE FOUNDATION'S BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
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ReturnHeader/Filer/EIN0475056117
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ReturnHeader/Filer/USAddress/ZIPCd048502
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
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ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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