Civic Intelligence

Corky Hancock Memorial Scholarship Foundation

EIN 81-3973221 • 501(c)3 • South Rockwood, MI

RevokedPub. 78 Eligible990-N Coverage

Profile

To provide support and scholarships to recently graduated high school students who are pursuing a vocational education, through apprenticeships, on-the-job-training, and vocational programs, instead of the traditional four-year college degree.

Revocation date: May 15, 2019

6854 Ready RoadSouth Rockwood, MI 48179

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

162%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$180,034

Up $17,581 (+11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$180,034

Up $17,581 (+11%) from 2023

Revenue

Up

$25,135

Up $15,541 (+162%) from 2023

Expenses

Up

$17,524

Up $2,159 (+14%) from 2023

Net Income

Up

$7,611

Up $13,382 (+232%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $57,137Liabilities 2017: $02017Assets 2018: $92,337Liabilities 2018: $02018Assets 2019: $121,239Liabilities 2019: $0Net Assets 2019: $121,2392019Assets 2020: $126,146Liabilities 2020: $0Net Assets 2020: $126,1462020Assets 2021: $125,756Liabilities 2021: $0Net Assets 2021: $125,7562021Assets 2022: $144,903Liabilities 2022: $0Net Assets 2022: $144,9032022Assets 2023: $162,453Liabilities 2023: $0Net Assets 2023: $162,4532023Assets 2024: $180,034Liabilities 2024: $0Net Assets 2024: $180,0342024

Highlighted filing

2024

Assets$180,034
Liabilities$0
Net Assets$180,034

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2017: $46,272Expenses 2017: $6,200Net Income 2017: $40,0722017Revenue 2018: $43,371Expenses 2018: $8,171Net Income 2018: $35,2002018Revenue 2019: $39,051Expenses 2019: $10,150Net Income 2019: $28,9012019Revenue 2020: $7,278Expenses 2020: $2,371Net Income 2020: $4,9072020Revenue 2021: $12,360Expenses 2021: $12,751Net Income 2021: -$3912021Revenue 2022: $28,448Expenses 2022: $9,302Net Income 2022: $19,1462022Revenue 2023: $9,594Expenses 2023: $15,365Net Income 2023: -$5,7712023Revenue 2024: $25,135Expenses 2024: $17,524Net Income 2024: $7,6112024

Highlighted filing

2024

Revenue$25,135
Expenses$17,524
Net Income$7,611

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.1
Gross Receipts
$81,489
Mission and Program Overview

Mission

To provide support and scholarships to recently graduated high school students who are pursuing a vocational education, through apprenticeships, on-the-job-training, and vocational programs, instead of the traditional four-year college degree.

Program Services

DescriptionGrantsExpenses
Provide seven scholarships, worth $2,000 each, to recently graduated high school students that are pursuing a vocational education, instead of the traditional four-year college degree.$16,000$16,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Catherine TeiferPresident/Secretary/Treasurer-$0--
James RegnierVice President-$0--
Filing and Contact Details

Filer

Filer Name
Corky Hancock Memorial Scholarship
EIN
81-3973221
Phone
7342878840
Address
6854 Ready Road, South Rockwood, MI 48179

Signing Officer

Name
Catherine Teifer
Title
President
Phone
7342878840
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Yeo & Yeo Pc
Address
1450 Eisenhower Place, Ann Arbor, MI 48108-3283
Preparer
Danielle A Cary
Phone
7347691331
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 4 - Other Investment Income

Description: Interest Income. Amount: 200. Description: Dividend Income. Amount: 2,983. Total Included on Form 990-EZ, line 4: 3,183.

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Bank Fees. Amount: 1,501. Description: License. Amount: 20. Description: Foreign Tax Paid. Amount: 3. Total to Form 990-EZ, line 16: 1,524.

Form 990-EZ, Part I, Line 20 - Other Changes in Net Assets

Description: Unrealized Gain on Investments. Amount: 9,970.

Raw XML Appendix140 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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