Civic Intelligence

Hsb Inc

EIN 80-0144094 • 501(c)3 • Wyoming, MI

Profile

We are a community outreach ministry, supporting and strengthening families by providing access to educational resources and enrichment opportunities for children from all backgrounds, levels of need, and schooling affiliations.

5625 Burlingame Ave SWWyoming, MI 49509

www.mihsb.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

87th percentile

0.56x

Higher debt load relative to assets than 87% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

84th percentile

0.36x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

27th percentile

-7.4%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

19th percentile

-11%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

25th percentile

-9.0%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Up

$358,343

Up $17,354 (+5.1%) from 2023

Liabilities

Up

$199,698

Up $7,913 (+4.1%) from 2023

Net Assets

Up

$158,645

Up $9,441 (+6.3%) from 2023

Revenue

Up

$603,530

Up $75,226 (+14%) from 2023

Expenses

Up

$594,430

Up $27,202 (+4.8%) from 2023

Net Income

Up

$9,100

Up $48,024 (+123%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2011: $180,080Liabilities 2011: $33,855Net Assets 2011: $146,2252011Assets 2012: $209,466Liabilities 2012: $37,947Net Assets 2012: $171,5192012Assets 2013: $229,119Liabilities 2013: $41,069Net Assets 2013: $188,0502013Assets 2014: $228,590Liabilities 2014: $36,590Net Assets 2014: $192,0002014Assets 2015: $244,458Liabilities 2015: $28,727Net Assets 2015: $215,7312015Assets 2016: $256,355Liabilities 2016: $33,269Net Assets 2016: $223,0862016Assets 2017: $222,813Liabilities 2017: $21,905Net Assets 2017: $200,9082017Assets 2018: $207,900Liabilities 2018: $26,284Net Assets 2018: $181,6162018Assets 2019: $170,307Liabilities 2019: $19,482Net Assets 2019: $150,8252019Assets 2020: $164,568Liabilities 2020: $68,948Net Assets 2020: $95,6202020Assets 2021: $232,960Liabilities 2021: $91,727Net Assets 2021: $141,2332021Assets 2022: $382,432Liabilities 2022: $194,874Net Assets 2022: $187,5582022Assets 2023: $340,989Liabilities 2023: $191,785Net Assets 2023: $149,2042023Assets 2024: $358,343Liabilities 2024: $199,698Net Assets 2024: $158,6452024

Highlighted filing

2024

Assets$358,343
Liabilities$199,698
Net Assets$158,645

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $825,908Expenses 2011: $822,493Net Income 2011: $3,4152011Revenue 2012: $942,471Expenses 2012: $917,177Net Income 2012: $25,2942012Revenue 2013: $1,018,104Expenses 2013: $1,001,573Net Income 2013: $16,5312013Revenue 2014: $828,083Expenses 2014: $824,133Net Income 2014: $3,9502014Revenue 2015: $831,929Expenses 2015: $808,198Net Income 2015: $23,7312015Revenue 2016: $800,878Expenses 2016: $793,523Net Income 2016: $7,3552016Revenue 2017: $753,897Expenses 2017: $776,075Net Income 2017: -$22,1782017Revenue 2018: $711,172Expenses 2018: $730,464Net Income 2018: -$19,2922018Revenue 2019: $869,365Expenses 2019: $900,156Net Income 2019: -$30,7912019Revenue 2020: $474,362Expenses 2020: $529,567Net Income 2020: -$55,2052020Revenue 2021: $541,576Expenses 2021: $495,963Net Income 2021: $45,6132021Revenue 2022: $580,771Expenses 2022: $534,608Net Income 2022: $46,1632022Revenue 2023: $528,304Expenses 2023: $567,228Net Income 2023: -$38,9242023Revenue 2024: $603,530Expenses 2024: $594,430Net Income 2024: $9,1002024

Highlighted filing

2024

Revenue$603,530
Expenses$594,430
Net Income$9,100

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.36$0.20$0.16$0.60$0.59$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.19$0.15$0.53$0.57$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.38$0.19$0.19$0.58$0.53$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.09$0.14$0.54$0.50$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.07$0.10$0.47$0.53$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.17$0.02$0.15$0.87$0.90$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.03$0.18$0.71$0.73$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.22$0.02$0.20$0.75$0.78$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.26$0.03$0.22$0.80$0.79$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.24$0.03$0.22$0.83$0.81$0.02
2014Summary only. Only limited summary data is available for this year.$0.23$0.04$0.19$0.83$0.82$0.00
2013Summary only. Only limited summary data is available for this year.$0.23$0.04$0.19$1.02$1.00$0.02
2012Summary only. Only limited summary data is available for this year.$0.21$0.04$0.17$0.94$0.92$0.03
2011Summary only. Only limited summary data is available for this year.$0.18$0.03$0.15$0.83$0.82$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$717,424
Mission and Program Overview

Mission

To serve, encourage and support families and organizations in the process of home education.

We are a community outreach ministry, supporting and strengthening families by providing access to educational resources and enrichment opportunities for children from all backgrounds, levels of need, and schooling affiliations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$48,446$149,948▲ $101,502
Inventories for Sale or Use$89,033$93,383▲ $4,350
Cash and Non-Interest-Bearing Accounts$75,202$48,724▼ $26,478
Accounts Receivable$5,925$14,424▲ $8,499
Savings and Temporary Cash Investments$6,786$10,205▲ $3,419
Total Assets$340,989$358,343▲ $17,354
Other Assets Total$115,597$41,659▼ $73,938
Liabilities
Other Liabilities$171,838$162,514▼ $9,324
Accounts Payable and Accrued Expenses$19,947$37,184▲ $17,237
Total Liabilities$191,785$199,698▲ $7,913
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$149,204$158,645▲ $9,441
Total Net Assets Fund Balance$149,204$158,645▲ $9,441
Total Liabilities and Net Assets / Fund Balance$340,989$358,343▲ $17,354

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$149,948$221,225$371,173
Other Assets Org$41,659--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diane WhitteberryDirector
John DatemaDirector
Karen BarberDirector
Steve WhitteberryPres. and Tr
Sandi DatemaSecretary
Mark BarberVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$66,133
Program Service Revenue
$418,176
Investment Income
$975
Other Revenue
$118,246
All Other Contributions
$66,133
Change in Net Assets
$9,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$322,004
Salaries, Compensation, and Employee Benefits$272,426
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,087$49,029-$196,116
Occupancy$89,878$29,960-$119,838
Payroll Taxes$43,777$14,592-$58,369
Other Employee Benefits$13,456$4,485-$17,941
Office Expenses$8,774$2,925-$11,699
Insurance$8,127$2,709-$10,836
Information Technology$3,400$1,134-$4,534
Depreciation Depletion$4,214--$4,214
Fees for Services Other-$1,351-$1,351
Fees for Services Accounting-$750-$750
Other Expenses$507$169-$676
All Other Expenses$653--$653
Total Functional Expenses$487,326$107,104$0$594,430
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sba Loan$160,914
Deposit$1,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
Yes
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 2

Steve whitteberry diane whitteberry pres & treas director husband and wife john datema sandi datema director secretary husband and wife mark barber karen barber vice pres director husband and wife

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

A copy of the 990 is distributed to all board members and is reviewed at a board meeting prior to its filing.

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

Board members are periodically required to complete a conflict of interest questionnaire whereby they must disclose ownership of financial interests, loans, and other involvement with entities with whom the organization has a relationship.

Form 990, Page 6, Part VI, Line 15A

Compensation of the ceo and executive director are subject to the organization's compensation policy which requires that either the board or a board appointed compensation committee meet with the individual and also review all pertinent information, including a review of compensation paid by comparable organizations for comparable services, in making a decision on compensation. All compensation decisions require a vote of the board and all compensation related discussions are documented in contemporaneous minutes.

Form 990, Page 6, Part VI, Line 15B

Decisions regarding compensation of other officers or key employees are subject to the same process as described above for the ceo and executive director.

Form 990, Page 6, Part VI, Line 19

Copies of the organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Hsb Inc
EIN
80-0144094
Phone
6165329422
Address
5625 BURLINGAME AVE SW, WYOMING, MI 49509

Signing Officer

Name
Steve Whitteberry
Title
Pres. and Treasurer
Phone
6165329422
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Whitteberry
Formed
1999
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
11
Volunteers
20

Preparer

Firm
Bardolph & Associates
Address
4489 BYRON CENTER AVE SW STE B, WYOMING, MI 49519
Preparer
Brian Bardolph
Phone
6162573510
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

We are a community outreach ministry, supporting and strengthening families by providing access to educational resources and enrichment opportunities for children from all backgrounds, levels of need, and schooling affiliations.

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

We are a community outreach ministry, supporting and strengthening families by providing access to educational resources and enrichment opportunities for children from all backgrounds, levels of need, and schooling affiliations.

Form 990, Part XI, Line 9

Book / tax depreciation difference 341 donated use of facilities - book expense -218,750 total -218,409

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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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IRS990/ProgSrvcAccomActyOtherGrp/Desc0WE ARE A COMMUNITY OUTREACH MINISTRY, SUPPORTING AND STRENGTHENING FAMILIES BY PROVIDING ACCESS TO EDUCATIONAL RESOURCES AND ENRICHMENT OPPORTUNITIES FOR CHILDREN FROM ALL BACKGROUNDS, LEVELS OF NEED, AND SCHOOLING AFFILIATIONS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WE ARE A COMMUNITY OUTREACH MINISTRY, SUPPORTING AND STRENGTHENING FAMILIES BY PROVIDING ACCESS TO EDUCATIONAL RESOURCES AND ENRICHMENT OPPORTUNITIES FOR CHILDREN FROM ALL BACKGROUNDS, LEVELS OF NEED, AND SCHOOLING AFFILIATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WE ARE A COMMUNITY OUTREACH MINISTRY, SUPPORTING AND STRENGTHENING FAMILIES BY PROVIDING ACCESS TO EDUCATIONAL RESOURCES AND ENRICHMENT OPPORTUNITIES FOR CHILDREN FROM ALL BACKGROUNDS, LEVELS OF NEED, AND SCHOOLING AFFILIATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2STEVE WHITTEBERRY DIANE WHITTEBERRY PRES & TREAS DIRECTOR HUSBAND AND WIFE JOHN DATEMA SANDI DATEMA DIRECTOR SECRETARY HUSBAND AND WIFE MARK BARBER KAREN BARBER VICE PRES DIRECTOR HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE 990 IS DISTRIBUTED TO ALL BOARD MEMBERS AND IS REVIEWED AT A BOARD MEETING PRIOR TO ITS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS ARE PERIODICALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE WHEREBY THEY MUST DISCLOSE OWNERSHIP OF FINANCIAL INTERESTS, LOANS, AND OTHER INVOLVEMENT WITH ENTITIES WITH WHOM THE ORGANIZATION HAS A RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF THE CEO AND EXECUTIVE DIRECTOR ARE SUBJECT TO THE ORGANIZATION'S COMPENSATION POLICY WHICH REQUIRES THAT EITHER THE BOARD OR A BOARD APPOINTED COMPENSATION COMMITTEE MEET WITH THE INDIVIDUAL AND ALSO REVIEW ALL PERTINENT INFORMATION, INCLUDING A REVIEW OF COMPENSATION PAID BY COMPARABLE ORGANIZATIONS FOR COMPARABLE SERVICES, IN MAKING A DECISION ON COMPENSATION. ALL COMPENSATION DECISIONS REQUIRE A VOTE OF THE BOARD AND ALL COMPENSATION RELATED DISCUSSIONS ARE DOCUMENTED IN CONTEMPORANEOUS MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DECISIONS REGARDING COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES ARE SUBJECT TO THE SAME PROCESS AS DESCRIBED ABOVE FOR THE CEO AND EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BOOK / TAX DEPRECIATION DIFFERENCE 341 DONATED USE OF FACILITIES - BOOK EXPENSE -218,750 TOTAL -218,409
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XI, LINE 9
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE WHITTEBERRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES. AND TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06165329422
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HSB INC
ReturnHeader/Filer/BusinessNameControlTxt0HSBI
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ReturnHeader/Filer/PhoneNum06165329422
ReturnHeader/Filer/USAddress/AddressLine1Txt05625 BURLINGAME AVE SW
ReturnHeader/Filer/USAddress/CityNm0WYOMING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARDOLPH & ASSOCIATES
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WYOMING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
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ReturnHeader/PreparerPersonGrp/PhoneNum06162573510
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN BARDOLPH
ReturnHeader/ReturnTs02025-05-12T13:13:26-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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