Civic Intelligence

Chisbetts Foundation

990PF • Fiscal year 2022 • EIN 61-1437291

Jul 01, 2021 to Jun 30, 2022 • Filed on Oct 17, 2022

Organization Profile
2429 Colony CTAnn Arbor, MI 48104

(248) 408-7957

Siviq Scores

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

Liabilities / Assets

70th percentile

0.01x

Higher debt load relative to assets than 70% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

0.87x

Higher debt load relative to revenue than 94% of similar nonprofits.

2022 filings • <$500k nonprofits • Source year 2022

Net Margin

6th percentile

-221%

Higher net margin than 6% of similar nonprofits.

2022 filings • <$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 • <$500k nonprofits • Source year 2022

Asset Growth

35th percentile

-6.6%

Faster asset growth than 35% of similar nonprofits.

2022 filings • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$476,203

Down $33,520 (-6.6%) from 2021

Net Assets

Down

$470,068

Down $15,655 (-3.2%) from 2021

Liabilities

Down

$6,135

Down $17,865 (-74%) from 2021

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin6th percentile

Revenue

Up

$7,091

Up $27,227 (+135%) from 2021

Expenses

Down

$22,746

Down $2,207 (-8.8%) from 2021

Net Income

Up

-$15,655

Up $29,434 (+65%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth35th percentile

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

$800K$600K$400K$200K$0Assets 2012: $678,891Liabilities 2012: $02012Assets 2013: $660,613Liabilities 2013: $02013Assets 2014: $633,404Liabilities 2014: $02014Assets 2015: $617,527Liabilities 2015: $0Net Assets 2015: $617,5272015Assets 2016: $591,058Liabilities 2016: $0Net Assets 2016: $591,0582016Assets 2017: $544,183Liabilities 2017: $0Net Assets 2017: $544,1832017Assets 2018: $488,325Liabilities 2018: $12,000Net Assets 2018: $476,3252018Assets 2019: $553,066Liabilities 2019: $12,000Net Assets 2019: $541,0662019Assets 2020: $542,812Liabilities 2020: $12,000Net Assets 2020: $530,8122020Assets 2021: $509,723Liabilities 2021: $24,000Net Assets 2021: $485,7232021Assets 2022: $476,203Liabilities 2022: $6,135Net Assets 2022: $470,0682022Assets 2023: $487,841Liabilities 2023: $6,135Net Assets 2023: $481,7062023Assets 2024: $516,224Liabilities 2024: $0Net Assets 2024: $516,2242024Assets 2025: $529,306Liabilities 2025: $0Net Assets 2025: $529,3062025

Highlighted filing

2022

Assets$476,203
Liabilities$6,135
Net Assets$470,068
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2012: -$60,288Expenses 2012: $34,859Net Income 2012: -$95,1472012Revenue 2013: $21,699Expenses 2013: $39,978Net Income 2013: -$18,2792013Revenue 2014: $11,221Expenses 2014: $38,430Net Income 2014: -$27,2092014Revenue 2015: $34,656Expenses 2015: $50,533Net Income 2015: -$15,8772015Revenue 2016: $47,246Expenses 2016: $73,715Net Income 2016: -$26,4692016Revenue 2017: $26,227Expenses 2017: $59,470Net Income 2017: -$33,2432017Revenue 2018: $20,082Expenses 2018: $87,606Net Income 2018: -$67,5242018Revenue 2019: $123,975Expenses 2019: $59,234Net Income 2019: $64,7412019Revenue 2020: $33,007Expenses 2020: $43,261Net Income 2020: -$10,2542020Revenue 2021: -$20,136Expenses 2021: $24,953Net Income 2021: -$45,0892021Revenue 2022: $7,091Expenses 2022: $22,746Net Income 2022: -$15,6552022Revenue 2023: $20,111Expenses 2023: $8,473Net Income 2023: $11,6382023Revenue 2024: $24,212Expenses 2024: $3,556Net Income 2024: $20,6562024Revenue 2025: $20,220Expenses 2025: $6,766Net Income 2025: $13,4542025

Highlighted filing

2022

Revenue$7,091
Expenses$22,746
Net Income-$15,655
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Oct 17, 2022
Return Version
2021v4.1
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DONALD BETTY CHISHOLMDirectorsPT$0--
JOSEPH P GALASSO JRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Chisbetts Foundation
EIN
61-1437291
Phone
2484087957
Address
2429 COLONY CT, ANN ARBOR, MI 48104

Signing Officer

Name
Betty Chisholm
Title
Director
Phone
2484087957
Signed
2022-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Galasso Pc
Address
30701 BARRINGTON ST STE 175, MADISON HEIGHTS, MI 48071
Preparer
Joseph P Galasso Jr
Phone
2484087957
Raw XML Appendix321 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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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2UNRESTRICTED
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1UNIVERSITY OF MICHIGAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2WESTERN MICHIGAN UNIVERSITY
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2.
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2KALAMAZOO
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd049307
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd249008
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt015000
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
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IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt025183
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt025183
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt010000
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt028500
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt044500
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt070700
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt06549
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt025183
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt0150066
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt015000
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt010000
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt028500
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt044500
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt052066
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt015000
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt015000
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0150066
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0160249
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1RENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0190
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt15000
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0190
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt15000
TaxesSchedule/TaxesDetail/Amt01461
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAX
TaxesSchedule/TaxesDetail/CategoryTxt1MISC
TaxesSchedule/TaxesDetail/CategoryTxt2FEDERAL INC TAX
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt01461
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BETTY CHISHOLM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02484087957
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHISBETTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CHIS
ReturnHeader/Filer/EIN0611437291
ReturnHeader/Filer/PhoneNum02484087957
ReturnHeader/Filer/USAddress/AddressLine1Txt02429 COLONY CT
ReturnHeader/Filer/USAddress/CityNm0ANN ARBOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383036118
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GALASSO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt030701 BARRINGTON ST STE 175
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048071
ReturnHeader/PreparerPersonGrp/PhoneNum02484087957
ReturnHeader/PreparerPersonGrp/PreparationDt02022-10-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph P Galasso Jr
ReturnHeader/ReturnTs02022-10-20T10:17:10-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BETTY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CHISHOLM
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$476,203
Liabilities
$6,135
Net assets
$470,068
Revenue
$7,091
Expenses
$22,746
Net income
-$15,655
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.29$0.00$5.29$0.20$0.07$0.13
2024Detailed filing. Detailed filing data is available for this year.$5.16$0.00$5.16$0.24$0.04$0.21
2023Detailed filing. Detailed filing data is available for this year.$4.88$0.06$4.82$0.20$0.08$0.12
2022Detailed filing. Detailed filing data is available for this year.$4.76$0.06$4.70$0.07$0.23$0.16
2021Detailed filing. Detailed filing data is available for this year.$5.10$0.24$4.86$0.20$0.25$0.45
2020Detailed filing. Detailed filing data is available for this year.$5.43$0.12$5.31$0.33$0.43$0.10
2019Detailed filing. Detailed filing data is available for this year.$5.53$0.12$5.41$1.24$0.59$0.65
2018Detailed filing. Detailed filing data is available for this year.$4.88$0.12$4.76$0.20$0.88$0.68
2017Detailed filing. Detailed filing data is available for this year.$5.44$0.00$5.44$0.26$0.59$0.33
2016Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$0.47$0.74$0.26
2015Detailed filing. Detailed filing data is available for this year.$6.18$0.00$6.18$0.35$0.51$0.16
2014Summary only. Only limited summary data is available for this year.$6.33$0.00$0.11$0.38$0.27
2013Summary only. Only limited summary data is available for this year.$6.61$0.00$0.22$0.40$0.18
2012Summary only. Only limited summary data is available for this year.$6.79$0.00$0.60$0.35$0.95