Civic Intelligence

Midland King'S Daughters Endowment Fund

990 • Fiscal year 2021 • EIN 56-2576446

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 18, 2022

2410 Rodd StreetMidland, MI 48640

(989) 631-2954

Siviq Scores

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

Liabilities / Assets

24th percentile

0.04x

Higher debt load relative to assets than 24% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.46x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

84th percentile

45%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

42nd percentile

7.6%

Faster asset growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-25%

Faster revenue growth than 9% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$40,124,974

Up $2,841,450 (+7.6%) from 2020

Net Assets

Up

$38,529,509

Up $2,730,985 (+7.6%) from 2020

Liabilities

Up

$1,595,465

Up $110,465 (+7.4%) from 2020

Revenue

Down

$3,481,045

Down $1,169,158 (-25%) from 2020

Expenses

Up

$1,917,238

Up $93,726 (+5.1%) from 2020

Net Income

Down

$1,563,807

Down $1,262,884 (-45%) from 2020

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $30,079,923Liabilities 2010: $500,000Net Assets 2010: $29,579,9232010Assets 2011: $27,558,157Liabilities 2011: $0Net Assets 2011: $27,558,1572011Assets 2012: $29,415,667Liabilities 2012: $0Net Assets 2012: $29,415,6672012Assets 2013: $32,925,586Liabilities 2013: $0Net Assets 2013: $32,925,5862013Assets 2014: $33,630,091Liabilities 2014: $0Net Assets 2014: $33,630,0912014Assets 2015: $31,888,485Liabilities 2015: $1,149,700Net Assets 2015: $30,738,7852015Assets 2016: $32,239,293Liabilities 2016: $1,325,000Net Assets 2016: $30,914,2932016Assets 2017: $34,923,922Liabilities 2017: $1,325,000Net Assets 2017: $33,598,9222017Assets 2018: $31,438,506Liabilities 2018: $1,400,000Net Assets 2018: $30,038,5062018Assets 2019: $35,323,251Liabilities 2019: $1,425,001Net Assets 2019: $33,898,2502019Assets 2020: $37,283,524Liabilities 2020: $1,485,000Net Assets 2020: $35,798,5242020Assets 2021: $40,124,974Liabilities 2021: $1,595,465Net Assets 2021: $38,529,5092021Assets 2022: $32,135,334Liabilities 2022: $1,596,001Net Assets 2022: $30,539,3332022Assets 2023: $34,416,793Liabilities 2023: $1,602,000Net Assets 2023: $32,814,7932023Assets 2024: $35,717,447Liabilities 2024: $1,560,000Net Assets 2024: $34,157,4472024

Highlighted filing

2021

Assets$40,124,974
Liabilities$1,595,465
Net Assets$38,529,509

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,479,6512010Expenses 2011: $1,526,9002011Expenses 2012: $961,4372012Revenue 2013: $2,849,269Expenses 2013: $1,549,123Net Income 2013: $1,300,1462013Revenue 2014: $2,428,723Expenses 2014: $1,337,043Net Income 2014: $1,091,6802014Revenue 2015: $2,596,061Expenses 2015: $2,728,603Net Income 2015: -$132,5422015Revenue 2016: $1,353,181Expenses 2016: $1,673,482Net Income 2016: -$320,3012016Revenue 2017: $3,311,855Expenses 2017: $1,649,743Net Income 2017: $1,662,1122017Revenue 2018: $1,511,817Expenses 2018: $1,748,217Net Income 2018: -$236,4002018Revenue 2019: $1,518,771Expenses 2019: $1,758,963Net Income 2019: -$240,1922019Revenue 2020: $4,650,203Expenses 2020: $1,823,512Net Income 2020: $2,826,6912020Revenue 2021: $3,481,045Expenses 2021: $1,917,238Net Income 2021: $1,563,8072021Revenue 2022: $654,922Expenses 2022: $1,929,986Net Income 2022: -$1,275,0642022Revenue 2023: $981,857Expenses 2023: $1,923,008Net Income 2023: -$941,1512023Revenue 2024: $1,519,026Expenses 2024: $1,904,234Net Income 2024: -$385,2082024

Highlighted filing

2021

Revenue$3,481,045
Expenses$1,917,238
Net Income$1,563,807
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 18, 2022
Return Version
2021v4.0
Gross Receipts
$10,868,744
Mission and Program Overview

Mission

The midland king's daughters endowment fund provides discretionary support for operation and maintenance of the midland king's daughters home (the home), a nonprofit provider of assisted living and nursing care services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$30,333,877$33,042,983▲ $2,709,106
Land, Buildings, and Equipment, Net$3,743,864$3,600,077▼ $143,787
Investments Other Securities$1,983,516$2,178,487▲ $194,971
Savings and Temporary Cash Investments$1,217,046$1,298,230▲ $81,184
Total Assets$37,283,524$40,124,974▲ $2,841,450
Other Assets Total$5,221$5,197▼ $24
Liabilities
Accounts Payable and Accrued Expenses$1,485,000$1,595,465▲ $110,465
Total Liabilities$1,485,000$1,595,465▲ $110,465
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,798,524$38,529,509▲ $2,730,985
Total Net Assets Fund Balance$35,798,524$38,529,509▲ $2,730,985
Total Liabilities and Net Assets / Fund Balance$37,283,524$40,124,974▲ $2,841,450

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$60,352--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$32,417,966$6,018▲ $4,642,205-$35,368,688
2020$30,313,681$12,069▲ $3,711,716-$32,417,966
2019$26,285,151$11,623▲ $5,607,084-$30,313,681
2018$29,624,704$13,421▼ $1,825,620-$26,285,151
2017$26,796,945$17,649▲ $4,316,723-$29,624,704
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michelle PilaskePresident
Dennis BucklerDirector
Liz KaplaDirector
Jean KrauseSecretary
Mark MinbioleTreasurer
Chrysa MilhollandVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,018
Program Service Revenue
$1
Investment Income
$3,475,026
Other Revenue
$0
All Other Contributions
$6,018
Change in Net Assets
$1,563,807
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,560,000
Other Expenses$357,238
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,560,000--$1,560,000
Fees for Service Investment Mgmnt Fees-$204,863-$204,863
Depreciation Depletion$143,787--$143,787
Fees for Services Accounting-$3,650-$3,650
Other Expenses-$950-$950
Total Functional Expenses$1,703,787$213,451$0$1,917,238
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MIDLAND KING'S DAUGHTERS HOMEMidland, MI3Support Operations$1,560,000
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 7A

The affairs of the midland king's daughters' endowment fund ("the corporation") shall be managed by a board, consisting of six (6) directors. Directors shall be residents of the state of michigan. The board of directors of midland king's daughters' home, a michigan nonprofit corporation (the "home"), will select from among its members two directors to serve on the board of the corporation (the "home directors"). One director of the corporation will be selected by the board of directors of the king's daughters and sons of midland, incorporated, a michigan nonprofit corporation (the "circle director") and shall be a member of the circle; and the remaining three (3) directors of the corporation shall be selected by the directors at large.

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

A meeting of the board of directors will be called, at which time, a representative of the organization's accounting firm will present the completed form 990. Board members will have the opportunity to review the filing and to have answered any questions that they may have.

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

Board members are required to reveiw the organization's conflict of interest policy on an annual basis, complete a conflict on interest questionnaire disclosing any possible conflicts of interest, and to sign an a acknowledgement that they have completed the above procedures.

Form 990, Page 6, Part VI, Line 19

Governing documents made available for review upon request at 2410 rodd street, midland, mi 48640

Filing and Contact Details

Filer

Filer Name
MIDLAND KING'S DAUGHTERS ENDOWMENT
EIN
56-2576446
Phone
9896312954
Address
2410 RODD STREET, MIDLAND, MI 48640

Signing Officer

Name
Michelle Pilaske
Title
President
Phone
9898399800
Signed
2022-07-18

Organization Details

Principal Officer
Michelle Pilaske
Formed
2005
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Andrews Hooper Pavlik Plc
Address
5915 EASTMAN AVE STE 100, MIDLAND, MI 48640-6824
Preparer
Diane C Moomey
Phone
9898357721
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

The organization is governed by a six member volunteer board of directors.

Raw XML AppendixShowing 400 of 447 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
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01485000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01595465
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MIDLAND KING'S DAUGHTERS ENDOWMENT FUND PROVIDES DISCRETIONARY SUPPORT FOR OPERATION AND MAINTENANCE OF THE MIDLAND KING'S DAUGHTERS HOME (THE HOME), A NONPROFIT PROVIDER OF ASSISTED LIVING AND NURSING CARE SERVICES.
IRS990/AllOtherContributionsAmt06018
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARK MINBIOLE
IRS990/BooksInCareOfDetail/PhoneNum09898399800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02410 RODD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048640
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06018
IRS990/CYGrantsAndSimilarPaidAmt01560000
IRS990/CYInvestmentIncomeAmt03475026
IRS990/CYOtherExpensesAmt0357238
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01
IRS990/CYRevenuesLessExpensesAmt01563807
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01917238
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03481045
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0143787
IRS990/DepreciationDepletionGrp/TotalAmt0143787
IRS990/Desc0FINANCIAL SUPPORT FOR THE KING'S DAUGHTERS HOME
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01703787
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03650
IRS990/FeesForServicesAccountingGrp/TotalAmt03650
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0204863
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0204863
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0MICHELLE PILASKE
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRYSA MILHOLLAND
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK MINBIOLE
IRS990/Form990PartVIISectionAGrp/PersonNm3JEAN KRAUSE
IRS990/Form990PartVIISectionAGrp/PersonNm4DENNIS BUCKLER
IRS990/Form990PartVIISectionAGrp/PersonNm5LIZ KAPLA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt02039010
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt01560000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01560000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01560000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt09426709
IRS990/GrossReceiptsAmt010868744
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01436016
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01436016
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01983516
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt02178487
IRS990/InvestmentsPubTradedSecGrp/BOYAmt030333877
IRS990/InvestmentsPubTradedSecGrp/EOYAmt033042983
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01761902
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03743864
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03600077
IRS990/LandBldgEquipCostOrOtherBssAmt05361979
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt07387699
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MIDLAND KING'S DAUGHTERS ENDOWMENT FUND PROVIDES DISCRETIONARY SUPPORT FOR OPERATION AND MAINTENANCE OF THE MIDLAND KING'S DAUGHTERS HOME (THE HOME), A NONPROFIT PROVIDER OF ASSISTED LIVING AND NURSING CARE SERVICES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt035798524
IRS990/NetAssetsOrFundBalancesEOYAmt038529509
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt02039010
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02039010
IRS990/NetUnrlzdGainsLossesInvstAmt01167178
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt035798524
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt038529509
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05221
IRS990/OtherAssetsTotalGrp/EOYAmt05197
IRS990/OtherExpensesGrp/Desc0FOREIGN TAX
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03988
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1950
IRS990/OtherExpensesGrp/TotalAmt03988
IRS990/OtherExpensesGrp/TotalAmt1950
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MICHELLE PILASKE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012068
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01485000
IRS990/PYInvestmentIncomeAmt04638134
IRS990/PYOtherExpensesAmt0338512
IRS990/PYProgramServiceRevenueAmt01
IRS990/PYRevenuesLessExpensesAmt02826691
IRS990/PYTotalExpensesAmt01823512
IRS990/PYTotalRevenueAmt04650203
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01563807
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01217046
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01298230
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE MIDLAND KING'S DAUGHTERS HOME, THE SUPPORTED ORGANIZATION, EFFECTIVELY SUPERVISES THE ACTIVITIES OF THE MKD ENDOWMENT THROUGH THE APPOINTMENT OF TWO (2) MKD HOME BOARD MEMBERS TO SERVE ON THE MKD ENDOWMENT BOARD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION B, LINE 1
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0381547021
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01560000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0MIDLAND KINGS DAUGHTERS HOME
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0MIDLAND KINGS DAUGHTERS HOME
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01560000
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0212501
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt032417966
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt06018
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt035368688
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt01485000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt04642205
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0194500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt030313681
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt012069
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt032417966
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt01425000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03711716
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0190177
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt026285151
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt011623
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt030313681
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01400000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05607084
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0202354
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt029624704
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt013421
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt026285151
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt01325000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1825620
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0181613
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt026796945
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt017649
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt029624704
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01325000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04316723
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0926442
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1421016
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2328856
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3222044
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt4124300
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt595477
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt660352
IRS990ScheduleD/OtherSecuritiesGrp/Desc0BLACKSTONE CAPITAL HOLDINGS FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1AG MORTGAGE VALUE PARTICIPATION FD
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FR XIII GLOBAL ENERGY FUND (OFFSHORE
IRS990ScheduleD/OtherSecuritiesGrp/Desc3GI PARTNERS IV MID-MARKET FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc4BREP EUROPE IV REAL ESTATE FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc5CSP III DISTRESSED OPPORTUNITIES FUN
IRS990ScheduleD/OtherSecuritiesGrp/Desc6GSO RESCUE FINANCE II FUND (OFFSHORE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/TotalBookValueSecuritiesAmt02178487
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt01560000
IRS990ScheduleI/RecipientTable/IRCSectionDesc03
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MIDLAND KING'S DAUGHTERS HOME
IRS990ScheduleI/RecipientTable/RecipientEIN0381547021
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02410 RODD STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MIDLAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048640
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS TWO COMMON DIRECTORS WITH THE MIDLAND KING'S DAUGHTERS HOME (GRANTEE ORGANIZATION). AS MEMBERS OF THE HOME BOARD, THESE COMMON DIRECTORS ARE ABLE TO REVIEW THE MONTHLY FINANCIAL REPORTS OF THE HOME TO ENSURE THAT GRANTS ARE BEING SPENT FOR INTENDED PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS GOVERNED BY A SIX MEMBER VOLUNTEER BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AFFAIRS OF THE MIDLAND KING'S DAUGHTERS' ENDOWMENT FUND ("THE CORPORATION") SHALL BE MANAGED BY A BOARD, CONSISTING OF SIX (6) DIRECTORS. DIRECTORS SHALL BE RESIDENTS OF THE STATE OF MICHIGAN. THE BOARD OF DIRECTORS OF MIDLAND KING'S DAUGHTERS' HOME, A MICHIGAN NONPROFIT CORPORATION (THE "HOME"), WILL SELECT FROM AMONG ITS MEMBERS TWO DIRECTORS TO SERVE ON THE BOARD OF THE CORPORATION (THE "HOME DIRECTORS"). ONE DIRECTOR OF THE CORPORATION WILL BE SELECTED BY THE BOARD OF DIRECTORS OF THE KING'S DAUGHTERS AND SONS OF MIDLAND, INCORPORATED, A MICHIGAN NONPROFIT CORPORATION (THE "CIRCLE DIRECTOR") AND SHALL BE A MEMBER OF THE CIRCLE; AND THE REMAINING THREE (3) DIRECTORS OF THE CORPORATION SHALL BE SELECTED BY THE DIRECTORS AT LARGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A MEETING OF THE BOARD OF DIRECTORS WILL BE CALLED, AT WHICH TIME, A REPRESENTATIVE OF THE ORGANIZATION'S ACCOUNTING FIRM WILL PRESENT THE COMPLETED FORM 990. BOARD MEMBERS WILL HAVE THE OPPORTUNITY TO REVIEW THE FILING AND TO HAVE ANSWERED ANY QUESTIONS THAT THEY MAY HAVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE REQUIRED TO REVEIW THE ORGANIZATION'S CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS, COMPLETE A CONFLICT ON INTEREST QUESTIONNAIRE DISCLOSING ANY POSSIBLE CONFLICTS OF INTEREST, AND TO SIGN AN A ACKNOWLEDGEMENT THAT THEY HAVE COMPLETED THE ABOVE PROCEDURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS MADE AVAILABLE FOR REVIEW UPON REQUEST AT 2410 RODD STREET, MIDLAND, MI 48640
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
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
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MIDLAND KING'S DAUGHTERS' HOME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE KING'S DAUGHTERS AND SONS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine2Txt0OF MIDLAND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381547021
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1386093424
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0NURSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1SUPPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt110
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02410 RODD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt12410 RODD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MIDLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MIDLAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048640
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd148640
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt037283524
IRS990/TotalAssetsEOYAmt040124974
IRS990/TotalAssetsGrp/BOYAmt037283524
IRS990/TotalAssetsGrp/EOYAmt040124974
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt06018
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0213451
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01703787
IRS990/TotalFunctionalExpensesGrp/TotalAmt01917238
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01485000
IRS990/TotalLiabilitiesEOYAmt01595465
IRS990/TotalLiabilitiesGrp/BOYAmt01485000
IRS990/TotalLiabilitiesGrp/EOYAmt01595465
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt035798524
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt038529509
IRS990/TotalProgramServiceExpensesAmt01703787
IRS990/TotalProgramServiceRevenueAmt01
IRS990/TotalRevenueGrp/ExclusionAmt01436016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.7$1.56$34.2$1.52$1.90$0.39
2023Detailed filing. Detailed filing data is available for this year.$34.4$1.60$32.8$0.98$1.92$0.94
2022Detailed filing. Detailed filing data is available for this year.$32.1$1.60$30.5$0.65$1.93$1.28
2021Detailed filing. Detailed filing data is available for this year.$40.1$1.60$38.5$3.48$1.92$1.56
2020Detailed filing. Detailed filing data is available for this year.$37.3$1.49$35.8$4.65$1.82$2.83
2019Detailed filing. Detailed filing data is available for this year.$35.3$1.43$33.9$1.52$1.76$0.24
2018Detailed filing. Detailed filing data is available for this year.$31.4$1.40$30.0$1.51$1.75$0.24
2017Detailed filing. Detailed filing data is available for this year.$34.9$1.33$33.6$3.31$1.65$1.66
2016Detailed filing. Detailed filing data is available for this year.$32.2$1.33$30.9$1.35$1.67$0.32
2015Detailed filing. Detailed filing data is available for this year.$31.9$1.15$30.7$2.60$2.73$0.13
2014Detailed filing. Detailed filing data is available for this year.$33.6$0.00$33.6$2.43$1.34$1.09
2013Detailed filing. Detailed filing data is available for this year.$32.9$0.00$32.9$2.85$1.55$1.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.4$0.00$29.4$0.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.6$0.00$27.6$1.53
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.1$0.50$29.6$1.48