Civic Intelligence

Michael W Schmidt Foundation Inc

990PF • Fiscal year 2023 • EIN 81-5198525

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 04, 2024

PO Box 7500Detroit, MI 48275

(734) 632-5075

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

Higher debt load relative to assets than 64% of similar nonprofits.

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

Liabilities / Revenue

96th percentile

1.00x

Higher debt load relative to revenue than 96% of similar nonprofits.

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

Net Margin

99th percentile

100%

Higher net margin than 99% 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

51st percentile

0.0%

Faster asset growth than 51% of similar nonprofits.

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

Revenue Growth

45th percentile

0.0%

Faster revenue growth than 45% of similar nonprofits.

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

Assets

Flat

$926

Flat from 2022

Net Assets

Flat

$926

Flat from 2022

Liabilities

Flat

$1

Flat from 2022

Revenue

Flat

$1

Flat from 2022

Expenses

Flat

$0

Flat from 2022

Net Income

Flat

$1

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2017: $25,000Liabilities 2017: $0Net Assets 2017: $25,0002017Assets 2018: $2,922Liabilities 2018: $0Net Assets 2018: $2,9222018Assets 2019: $926Liabilities 2019: $1Net Assets 2019: $9262019Assets 2020: $926Liabilities 2020: $1Net Assets 2020: $9262020Assets 2021: $926Liabilities 2021: $1Net Assets 2021: $9262021Assets 2022: $926Liabilities 2022: $1Net Assets 2022: $9262022Assets 2023: $926Liabilities 2023: $1Net Assets 2023: $9262023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2023

Assets$926
Liabilities$1
Net Assets$926

Operations Trend

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

$40K$20K$0-$20K-$40KRevenue 2017: $25,000Expenses 2017: $0Net Income 2017: $25,0002017Revenue 2018: $53Expenses 2018: $22,131Net Income 2018: -$22,0782018Revenue 2019: $254Expenses 2019: $2,250Net Income 2019: -$1,9962019Revenue 2020: $1Expenses 2020: $0Net Income 2020: $12020Revenue 2021: $1Expenses 2021: $0Net Income 2021: $12021Revenue 2022: $1Expenses 2022: $0Net Income 2022: $12022Revenue 2023: $1Expenses 2023: $0Net Income 2023: $12023Revenue 2024: $0Expenses 2024: $926Net Income 2024: -$9262024

Highlighted filing

2023

Revenue$1
Expenses$0
Net Income$1
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 4, 2024
Return Version
2023v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL A GUARIGLIADirector-$0--
PETER A SANTORIELLODirector-$0--
-Trustee-$0--
Filing and Contact Details

Filer

Filer Name
Michael W Schmidt Foundation Inc
EIN
81-5198525
Address
PO BOX 7500, DETROIT, MI 48275

Signing Officer

Name
Comerica Bank Trust Na
Title
Trustee
Phone
7346325075
Signed
2024-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Prida Guida & Perez Pa
Address
2504 WEST KATHLEEN ST, TAMPA, FL 33607
Preparer
Luciano Prida Jr
Phone
8132266091
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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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ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-04
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ReturnHeader/ReturnTs02024-11-07T09:06:45-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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