Civic Intelligence

Venture Global Engineering Foundation

990 • Fiscal year 2017 • EIN 81-0697435

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

42400 Merrill RdSterling Heights, MI 48314

(586) 884-5433

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

56th percentile

6.3%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

97th percentile

369%

Faster asset growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

38%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$24,520

Up $19,287 (+369%) from 2016

Net Assets

Up

$24,520

Up $19,287 (+369%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$307,502

Up $85,321 (+38%) from 2016

Expenses

Up

$288,215

Up $71,244 (+33%) from 2016

Net Income

Up

$19,287

Up $14,077 (+270%) from 2016

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $5,233Liabilities 2016: $0Net Assets 2016: $5,2332016Assets 2017: $24,520Liabilities 2017: $0Net Assets 2017: $24,5202017Assets 2018: $65,618Liabilities 2018: $6,350Net Assets 2018: $59,2682018Assets 2019: $12,338Liabilities 2019: $2,200Net Assets 2019: $10,1382019Assets 2020: $7,779Liabilities 2020: $0Net Assets 2020: $7,7792020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2017

Assets$24,520
Liabilities$0
Net Assets$24,520

Operations Trend

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

$400K$200K$0-$200KRevenue 2016: $222,181Expenses 2016: $216,971Net Income 2016: $5,2102016Revenue 2017: $307,502Expenses 2017: $288,215Net Income 2017: $19,2872017Revenue 2018: $346,879Expenses 2018: $312,131Net Income 2018: $34,7482018Revenue 2019: $319,641Expenses 2019: $368,771Net Income 2019: -$49,1302019Revenue 2020: $8,400Expenses 2020: $12,959Net Income 2020: -$4,5592020Revenue 2021: $3,450Expenses 2021: $11,229Net Income 2021: -$7,7792021

Highlighted filing

2017

Revenue$307,502
Expenses$288,215
Net Income$19,287
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$438,497
Mission and Program Overview

Mission

Provide local and regional non-profit charities and organizations with funds for sustainability and growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,233$24,520▲ $19,287
Rtn Earn Endowment Incm Other Fnds$5,233$24,520▲ $19,287
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,233$24,520▲ $19,287
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,233$24,520▲ $19,287
Total Liabilities and Net Assets / Fund Balance$5,233$24,520▲ $19,287
Compensation and Service Providers

Board Members and Trustees

NameTitle
John F MurphyPresident
Christina Muir-murphyVice President
Dave SuttonDirector
Doug KraftDirector
Jim DelizDirector
Mark EdgertonDirector
Marty HutnickDirector
Nick DemiroDirector
Ruth HeidebreichtDirector
Stacey McbeeDirector
Jessica MuirSecretary
Sandra AluiaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$387,299
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-79,797
Change in Net Assets
$19,287

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Other Non Cash Contri Table$64,820Fair Market Value (FMV)
Total Noncash Contributions$64,820-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$281,250
Other Expenses$6,965
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$281,250--$281,250
Fees for Services Accounting-$6,500-$6,500
Other Expenses-$465-$465
Total Functional Expenses$281,250$6,965$0$288,215
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Believe FoundationMt Clemens, MI501(c)(3)To Provide Assistance to Families Dealing With Cancer$107,500
Stevenson High School Band BoostersSterling Hts, MI501(c)(3)To Support High School Band Program$50,000
New Day Foundation for FamiliesRochester, MI501(c)(3)Have a Positive Impact on Treatment Outcomes and Quality of Life by Reducing the Catastrophic Effects of Financial Toxicity Caused by a Cancer Diagnosis.$40,000
Romeo High School Class of 2018Romeo, MI501(c)(3)To Support High School Graduating Class$40,000
Foundation for ExcellenceRay, MI501(c)(3)To Provide Funding for Scholarships$30,000
Chippewa Valley Football BoostersClinton Twp, MI501(c)(3)To Support High School Football Program$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$130,995
Fundraising Gross Income$51,198
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$438,497$51,198$14,977$36,221
Total Events$438,497$51,198$130,995$-79,797
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
No
Backup withholding compliance
Yes
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, Part VI, Section A, Line 2

Family relationship between directors john f. Murphy, christina muir-murphy, and jessica muir.

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the officers.

Form 990, Part VI, Section B, Line 12

All board members and officers are required to disclose potential conflicts of interest and will recuse themselves from voting on issues when a conflict arises.

Form 990, Part VI, Section B, Line 15

The organization has no compensation policy since it has no employees.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Venture Global Engineering Foundation
EIN
81-0697435
Phone
5868845433
Address
42400 MERRILL RD, STERLING HEIGHTS, MI 48314

Signing Officer

Name
John F Murphy
Title
President
Phone
5868845433
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John F Murphy
Formed
2015
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
50

Preparer

Firm
Rehmann Robson LLC
Address
1500 W BIG BEAVER RD 2ND FLR, TROY, MI 48084
Preparer
Kathleen M Underhill CPA
Phone
2489525000
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation has analyzed its income tax positions for the period november 2015 through 2017, the years which remain subject to examination by major tax jurisdictions as of december 31, 2017. The foundation concluded that there are no significant uncertain tax positions requiring recognition in the foundation's financial statements. The foundation does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The foundation does not have any amounts accrued for interest and penalties related to utbs at december 31, 2017 and 2016, and it is not aware of any claims for such amounts by federal or state income tax authorities.

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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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS ANALYZED ITS INCOME TAX POSITIONS FOR THE PERIOD NOVEMBER 2015 THROUGH 2017, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF DECEMBER 31, 2017. THE FOUNDATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE FOUNDATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2017 AND 2016, AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014977
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt051198
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt051198
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt030000
IRS990ScheduleI/RecipientTable/CashGrantAmt1107500
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt340000
IRS990ScheduleI/RecipientTable/CashGrantAmt450000
IRS990ScheduleI/RecipientTable/CashGrantAmt540000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE FUNDING FOR SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE ASSISTANCE TO FAMILIES DEALING WITH CANCER
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TO SUPPORT HIGH SCHOOL FOOTBALL PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TO SUPPORT HIGH SCHOOL GRADUATING CLASS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TO SUPPORT HIGH SCHOOL BAND PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5HAVE A POSITIVE IMPACT ON TREATMENT OUTCOMES AND QUALITY OF LIFE BY REDUCING THE CATASTROPHIC EFFECTS OF FINANCIAL TOXICITY CAUSED BY A CANCER DIAGNOSIS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FOUNDATION FOR EXCELLENCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1THE BELIEVE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CHIPPEWA VALLEY FOOTBALL BOOSTERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3ROMEO HIGH SCHOOL CLASS OF 2018
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4STEVENSON HIGH SCHOOL BAND BOOSTERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5NEW DAY FOUNDATION FOR FAMILIES
IRS990ScheduleI/RecipientTable/RecipientEIN0382723607
IRS990ScheduleI/RecipientTable/RecipientEIN1453601650
IRS990ScheduleI/RecipientTable/RecipientEIN2386034009
IRS990ScheduleI/RecipientTable/RecipientEIN3822802009
IRS990ScheduleI/RecipientTable/RecipientEIN4203267857
IRS990ScheduleI/RecipientTable/RecipientEIN5260609040
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt017914 29 MILE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt110 S MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt218300 19 MILE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt311091 32 MILE RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt439701 DODGE PARK RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5414 S MAIN ST STE 205
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RAY
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MT CLEMENS
IRS990ScheduleI/RecipientTable/USAddress/CityNm2CLINTON TWP
IRS990ScheduleI/RecipientTable/USAddress/CityNm3ROMEO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4STERLING HTS
IRS990ScheduleI/RecipientTable/USAddress/CityNm5ROCHESTER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd048096
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd148043
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd248038
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd348065
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd448313
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd548307
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTEES ARE REQUIRED TO SHOW PROOF THAT GRANT FUNDS WERE USED FOR INTENDED PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt06
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0AUCTION ITEMS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt064820
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY RELATIONSHIP BETWEEN DIRECTORS JOHN F. MURPHY, CHRISTINA MUIR-MURPHY, AND JESSICA MUIR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS AND OFFICERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AND WILL RECUSE THEMSELVES FROM VOTING ON ISSUES WHEN A CONFLICT ARISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS NO COMPENSATION POLICY SINCE IT HAS NO EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05233
IRS990/TotalAssetsEOYAmt024520
IRS990/TotalAssetsGrp/BOYAmt05233
IRS990/TotalAssetsGrp/EOYAmt024520
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0387299
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06965
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0281250
IRS990/TotalFunctionalExpensesGrp/TotalAmt0288215
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05233
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt024520
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0281250
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-79797
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0307502
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05233
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt024520
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt042400 MERRILL RD
IRS990/USAddress/CityNm0STERLING HEIGHTS
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048314
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012

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