Civic Intelligence

Chisbetts Foundation

990PF • Fiscal year 2023 • EIN 61-1437291

Jul 01, 2022 to Jun 30, 2023 • Filed on Oct 25, 2023

Organization Profile
30701 Barrington StMadison Heights, MI 48071

(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.

2023 filings • <$500k nonprofits • Source year 2023

Liabilities / Revenue

90th percentile

0.31x

Higher debt load relative to revenue than 90% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Net Margin

91st percentile

58%

Higher net margin than 91% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2023 filings • <$500k nonprofits • Source year 2023

Asset Growth

56th percentile

2.4%

Faster asset growth than 56% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

184%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets70th percentile

Assets

Up

$487,841

Up $11,638 (+2.4%) from 2022

Net Assets

Up

$481,706

Up $11,638 (+2.5%) from 2022

Liabilities

Flat

$6,135

Flat from 2022

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin91st percentile

Revenue

Up

$20,111

Up $13,020 (+184%) from 2022

Expenses

Down

$8,473

Down $14,273 (-63%) from 2022

Net Income

Up

$11,638

Up $27,293 (+174%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth56th 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

2023

Assets$487,841
Liabilities$6,135
Net Assets$481,706
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

2023

Revenue$20,111
Expenses$8,473
Net Income$11,638
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 25, 2023
Return Version
2022v5.0
Compensation and Service Providers
Top Officer Pay79th 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
30701 BARRINGTON ST, MADISON HEIGHTS, MI 48071

Signing Officer

Name
Joseph P Galasso Jr
Title
Director
Phone
2484087957
Signed
2023-10-25

Preparer

Firm
Galasso Pc
Address
30701 BARRINGTON ST STE 175, MADISON HEIGHTS, MI 48071
Preparer
Joseph P Galasso Jr
Phone
2484087957
Raw XML Appendix297 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
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt025718
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt1107914
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt216540
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt382316
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt472252
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt5183101
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt035365
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt1133391
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt217947
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt380363
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt473596
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt5183101
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm01329 SHS PAR PACIFIC HOLDINGS
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm12022 EQUITY RES REIT
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm2500 SHS DAIMLER TRUCK HOLDING
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm31000 SHS MERCEDES BENZ GROUP
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm4550 SHS IBM
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm5MERRILL LYNCH MM
IRS990PF/AddressChangeInd0X
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt020111
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt00
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt020111
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt020111
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt01625
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt01625
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt05000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt05000
IRS990PF/AnalysisOfRevenueAndExpenses/DeprecAndDpltnRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt020111
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt020111
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt011638
IRS990PF/AnalysisOfRevenueAndExpenses/GrossProfitRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/LegalFeesRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt016638
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt0150
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt0150
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt01698
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt01698
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt05000
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt03473
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt08473
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt020111
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt020111
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt03473
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt03473
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt011638
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt0481706
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt0470068
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt0481706
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt022851
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt022851
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt022851
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt023082
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt0231
IRS990PF/DistributableAmountGrp/TotalTaxAmt0231
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/AppliedToESTaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt073
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/InvestmentIncomeExciseTaxAmt0231
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OriginalReturnTaxPaidAmt073
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtitleATaxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/SubtotalAmt0231
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt0231
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt0158
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxUnderSection511Amt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt073
IRS990PF/FMVAssetsEOYAmt0523763
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockBOYAmt0476203
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYAmt0487841
IRS990PF/Form990PFBalanceSheetsGrp/CorporateStockEOYFMVAmt0523763
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersBOYAmt06135
IRS990PF/Form990PFBalanceSheetsGrp/LoansFromOfficersEOYAmt06135
IRS990PF/Form990PFBalanceSheetsGrp/MortgagesAndNotesPayableEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsBOYAmt0470068
IRS990PF/Form990PFBalanceSheetsGrp/NoDonorRstrNetAssestsEOYAmt0481706
IRS990PF/Form990PFBalanceSheetsGrp/OrganizationFollowsFASB117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/OtherNtsAndLoansRcvblEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/RcvblFromOfficersEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt0476203
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt0487841
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt0523763
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt06135
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt06135
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt0476203
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt0487841
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt0470068
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt0481706
IRS990PF/MethodOfAccountingOtherInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt0468660
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt0177282
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0291378
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt07030
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt023082
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt0461630
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt0468660
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0DONALD BETTY CHISHOLM
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1JOSEPH P GALASSO JR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0DIRECTORS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt02429 COLONY CT
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt130701 BARRINGTON ST 175
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0ANN ARBOR
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1MADISON HEIGHTS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0MI
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1MI
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd048104
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd148071
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt00
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PFQualifyingDistributionsGrp/ExpensesAndContributionsAmt05000
IRS990PF/PFQualifyingDistributionsGrp/QualifyingDistributionsAmt05000
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/LineNumberTxt04,8
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0INTEREST, DIVIDENDS AND CAPITAL GAINS ARE THE MAIN WAYS THIS FOUNDATION EARNS REVENUE TO DONATE TO CHARITABLE CAUSES.
IRS990PF/StatementsRegardingActy4720Grp/ActsFailToQlfyAsExceptionsInd0false
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/ExcessBusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/MaintainedExpenditureRspnsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/RelyingCurrentNtcDsstrAsst1Ind0X
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransactionsFailToQlfyAsExcInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPriorActsInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistrIncmSect4942a2NotAppInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt030701 BARRINGTON ST 175
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0MADISON HEIGHTS
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0MI
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd048071
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0MI
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0JOSEPH P GALASSO JR
IRS990PF/StatementsRegardingActyGrp/PhoneNum02485882800
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0false
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0FINANCIAL DONATIONS
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt00
IRS990PF/SupplementaryInformationGrp/ContributingManagerNm0DONALD BETTY CHISHOLM
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt05000
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt10
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt20
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2UNRESTRICTED
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt0FERRIS STATE UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt1UNIVERSITY OF MICHIGAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine1Txt2WESTERN MICHIGAN UNIVERSITY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt0.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt1.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientFoundationStatusTxt2.
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt01201 S STATE STREET
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt1ANN ARBOR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/AddressLine1Txt2KALAMAZOO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm0BIG RAPIDS
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm1ANN ARBOR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/CityNm2KALAMAZOO
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd0MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd1MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/StateAbbreviationCd2MI
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd049307
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd148109
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientUSAddress/ZIPCd249008
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt05000
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt05000
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt022851
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt017851
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr1Amt015000
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt010000
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt028500
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt044500
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt052066
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt017851
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt034215
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt098000
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt00
IRS990PF/UndistributedIncomeGrp/ExcessFromYear1Amt015000
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt010000
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt028500
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt044500
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt05000
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt0132215
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt0150066
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0BANK FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1RENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt0150
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt0150
TaxesSchedule/TaxesDetail/Amt01698
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAX
TaxesSchedule/TaxesDetail/CategoryTxt1MISC
TaxesSchedule/TaxesDetail/CategoryTxt2FEDERAL INC TAX
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt01698
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH P GALASSO JR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02484087957
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHISBETTS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CHIS
ReturnHeader/Filer/EIN0611437291
ReturnHeader/Filer/PhoneNum02484087957
ReturnHeader/Filer/USAddress/AddressLine1Txt030701 BARRINGTON ST
ReturnHeader/Filer/USAddress/CityNm0MADISON HEIGHTS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048071
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
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/PreparationDt02023-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph P Galasso Jr
ReturnHeader/ReturnTs02023-10-26T08:24:44-07:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOSEPH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GALASSO JR
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$487,841
Liabilities
$6,135
Net assets
$481,706
Revenue
$20,111
Expenses
$8,473
Net income
$11,638
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