Civic Intelligence

Kalamazoo Foundation for Excellence

EIN 82-2587771 • 501(c)3 • Kalamazoo, MI

Profile

The mission of the kalamazoo foundation for excellence is to support the goals of the city of kalamazoo, fund aspirational investments in the city, and empower kalamazoo residents to achieve the lives they want for themselves and their families.

241 W South StreetKalamazoo, MI 49007

www.kalamazooffe.org

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

3rd percentile

0.01x

Higher debt load relative to revenue than 3% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

93rd percentile

52%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

70th percentile

9.9%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

99th percentile

536%

Faster revenue growth than 99% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$516,931,278

Up $46,456,885 (+9.9%) from 2023

Liabilities

Down

$232,365

Down $1,175 (-0.5%) from 2023

Net Assets

Up

$516,698,913

Up $46,458,060 (+9.9%) from 2023

Revenue

Up

$44,940,794

Up $37,874,945 (+536%) from 2023

Expenses

Up

$21,389,191

Up $2,118,389 (+11%) from 2023

Net Income

Up

$23,551,603

Up $35,756,556 (+293%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600M$400M$200M$0Assets 2018: $38,392Liabilities 2018: $946Net Assets 2018: $37,4462018Assets 2019: $44,774Liabilities 2019: $1,001Net Assets 2019: $43,7732019Assets 2020: $95,817,670Liabilities 2020: $27,905Net Assets 2020: $95,789,7652020Assets 2021: $479,208,810Liabilities 2021: $22,833Net Assets 2021: $479,185,9772021Assets 2022: $449,296,586Liabilities 2022: $33,160Net Assets 2022: $449,263,4262022Assets 2023: $470,474,393Liabilities 2023: $233,540Net Assets 2023: $470,240,8532023Assets 2024: $516,931,278Liabilities 2024: $232,365Net Assets 2024: $516,698,9132024

Highlighted filing

2024

Assets$516,931,278
Liabilities$232,365
Net Assets$516,698,913

Operations Trend

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

$400M$300M$200M$100M$0-$100MRevenue 2018: $38,180Expenses 2018: $734Net Income 2018: $37,4462018Revenue 2019: $6,889Expenses 2019: $562Net Income 2019: $6,3272019Revenue 2020: $82,875,656Expenses 2020: $274,424Net Income 2020: $82,601,2322020Revenue 2021: $369,542,486Expenses 2021: $416,961Net Income 2021: $369,125,5252021Revenue 2022: -$45,996Expenses 2022: $442,576Net Income 2022: -$488,5722022Revenue 2023: $7,065,849Expenses 2023: $19,270,802Net Income 2023: -$12,204,9532023Revenue 2024: $44,940,794Expenses 2024: $21,389,191Net Income 2024: $23,551,6032024

Highlighted filing

2024

Revenue$44,940,794
Expenses$21,389,191
Net Income$23,551,603

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 1, 2025
Return Version
2024v5.2
Gross Receipts
$108,216,722
Mission and Program Overview

Mission

The mission of the kalamazoo foundation for excellence is to support the goals of the city of kalamazoo, fund aspirational investments in the city, and empower kalamazoo residents to achieve the lives they want for themselves and their families.

To support the goals of the city of kalamazoo, fund investments, and empower residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$220,095,569$303,766,466▲ $83,670,897
Savings and Temporary Cash Investments$245,074$822,369▲ $577,295
Cash and Non-Interest-Bearing Accounts$2,153$4,443▲ $2,290
Total Assets$470,474,393$516,931,278▲ $46,456,885
Other Assets Total$250,131,597$212,338,000▼ $37,793,597
Liabilities
Other Liabilities$183,850$192,605▲ $8,755
Accounts Payable and Accrued Expenses$49,690$39,760▼ $9,930
Total Liabilities$233,540$232,365▼ $1,175
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$220,109,853$304,360,913▲ $84,251,060
Net Assets With Donor Restrictions$250,131,000$212,338,000▼ $37,793,000
Total Net Assets Fund Balance$470,240,853$516,698,913▲ $46,458,060
Total Liabilities and Net Assets / Fund Balance$470,474,393$516,931,278▲ $46,456,885

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$212,338,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steve BrownExecutive DirectorFT$152,553$12,914$165,467

Board Members and Trustees

NameTitle
Sandra Calderon-huezoPresident
James K RitsemaVice President
Adrian Vazquez-alatorreDirector
Alice TaylorDirector
David AndersonDirector
Ida SalasDirector
Jamauri BoganDirector
Karika ParkerDirector
Kelsey MckagueDirector
Qianna DeckerDirector
Rachel LonbergDirector
Stephanie HoffmanDirector
Jonathan YarbroughDirector (ended 2/24)
Jeanne HessDirector (ended 4/24)
Charlene TaylorDirector (ended 5/24)
Michael HarrisonDirector (ended 5/24)
Von Washington JrDirector (ended 5/24)
Dr Andrea BostromDirector/secretary
Mary BalkemaDirector/treasurer
Alisa CarrelTreasurer/director
Steve VicenziCFO
Barbara Hamilton-millerSecretary (ended 5/24)
Revenue and Support

Revenue Composition

Contributions and Grants
$22,768,518
Program Service Revenue
$0
Investment Income
$22,172,276
Other Revenue
$0
All Other Contributions
$22,768,518
Change in Net Assets
$23,551,603

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$22,753,298Fair Market Value
Total Noncash Contributions2$22,753,298-

Audited Revenue Reconciliation

Revenue per Audited Statements
$44,602,982
Revenue Not Reported on Financial Statements
$337,812
Revenue Not Reported on Form 990
$22,906,457
Total Revenue per Audited Statements
$67,509,439
Total Revenue per Form 990
$44,940,794
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$20,471,989
Other Expenses$739,607
Salaries, Compensation, and Employee Benefits$177,595
Total Fundraising Expense$55,146
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$20,471,989--$20,471,989
Fees for Service Investment Mgmnt Fees-$337,812-$337,812
Fees for Services Other-$189,188-$189,188
Current Officers, Directors, Trustees, and Key Employees-$132,374$33,093$165,467
Fees for Services Legal-$72,867-$72,867
Insurance-$30,519-$30,519
Fees for Services Accounting-$15,200-$15,200
Payroll Taxes-$9,702$2,426$12,128
Information Technology--$9,200$9,200
Office Expenses-$6,610-$6,610
Other Expenses-$764$10,427$764
Total Functional Expenses$20,471,989$862,056$55,146$21,389,191

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,389,191
Expenses per Audited Statements$21,051,379
Total Expenses per Audited Statements$21,051,379
Expenses Not Reported on Financial Statements$337,812
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of KalamazooKalamazoo, MICity of KalamazooTo Support the Goals of the City$20,471,989
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
Due to City of Kalamazoo$192,605
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 4

The bylaws were amended during the current year and changes included updating the process for amending the bylaws and clarifying director and committee roles.

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

The form 990 is reviewed by an officer and provided to the board before filing. After any questions or concerns are addressed, the 990 is signed by the cfo and filed with the irs.

Form 990, Part VI, Section B, Line 12C

Potential conflicts of interest are required to be brought to an officer's attention as they arise. Board members are trained in all kalamazoo foundation for excellence policies including the conflict of interest form within 90 days of their appointment.

Form 990, Part VI, Section C, Line 19

All documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Kalamazoo Foundation for Excellence
EIN
82-2587771
Phone
2693378047
Address
241 W SOUTH STREET, KALAMAZOO, MI 49007

Signing Officer

Name
Steve Vicenzi
Title
CFO
Phone
2693378020
Signed
2025-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Vicenzi
Formed
2017
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
21

Preparer

Firm
Maner Costerisan Pc
Address
2425 E GRAND RIVER SUITE 1, LANSING, MI 48912-3291
Preparer
Amber Rathbun CPA
Phone
5173237500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

In preparation of tax returns, tax positions are taken based on interpretation of income tax laws. Management periodically reviews and evaluates the status of uncertain tax positions and makes estimates of amounts, including interest and penalties, ultimately due or owed. No amounts have been recorded in the financial statements as uncertain positions. Tax returns generally remain open for examination by the various taxing authorities for a period of three to four years.

Raw XML AppendixShowing 400 of 602 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt049690
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt039760
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO SUPPORT THE GOALS OF THE CITY OF KALAMAZOO, FUND INVESTMENTS, AND EMPOWER RESIDENTS.
IRS990/AllOtherContributionsAmt022768518
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEVE VICENZI CFO
IRS990/BooksInCareOfDetail/PhoneNum02693378020
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0241 W SOUTH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0KALAMAZOO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049007
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02153
IRS990/CashNonInterestBearingGrp/EOYAmt04443
IRS990/ChangeToOrgDocumentsInd01
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt033093
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0132374
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0165467
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt022768518
IRS990/CYGrantsAndSimilarPaidAmt020471989
IRS990/CYInvestmentIncomeAmt022172276
IRS990/CYOtherExpensesAmt0739607
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt023551603
IRS990/CYSalariesCompEmpBnftPaidAmt0177595
IRS990/CYTotalExpensesAmt021389191
IRS990/CYTotalFundraisingExpenseAmt055146
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt044940794
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SPURRED THE CONTINUATION AND EXPANSION OF SUCCESSFUL YOUTH PROGRAMS, CITY SIDEWALK AND INFRASTRUCTURE REPAIR AND REPLACEMENT, AFFORDABLE HOUSING, SMALL BUSINESS SUPPORTS, AND COMMUNITY OUTREACH FOR CITY PLANNING AND DEVELOPMENT.TO REDUCE CITY OF KALAMAZOO REAL ESTATE AND PERSONAL PROPERTY TAXES TO 12.0000 MILLS, AND PROVIDE FUNDING TO THE CITY OF KALAMAZOO TO ADDRESS THE STRUCTURAL REVENUE IMBALANCE TO THE CITY FINANCES DUE TO THE SHORTCOMING OF MICHIGAN'S MUNICIPAL FINANCE SYSTEM.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0250131000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0212338000
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt020471989
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt015200
IRS990/FeesForServicesAccountingGrp/TotalAmt015200
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt072867
IRS990/FeesForServicesLegalGrp/TotalAmt072867
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0189188
IRS990/FeesForServicesOtherGrp/TotalAmt0189188
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0337812
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0337812
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt172.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt182.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt192.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt202.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt212.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt222.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt012914
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMAURI BOGAN
IRS990/Form990PartVIISectionAGrp/PersonNm2ADRIAN VAZQUEZ-ALATORRE
IRS990/Form990PartVIISectionAGrp/PersonNm3KELSEY MCKAGUE
IRS990/Form990PartVIISectionAGrp/PersonNm4KARIKA PARKER
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm6RACHEL LONBERG
IRS990/Form990PartVIISectionAGrp/PersonNm7ALICE TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm8STEPHANIE HOFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9QIANNA DECKER
IRS990/Form990PartVIISectionAGrp/PersonNm10IDA SALAS
IRS990/Form990PartVIISectionAGrp/PersonNm11JONATHAN YARBROUGH
IRS990/Form990PartVIISectionAGrp/PersonNm12JEANNE HESS
IRS990/Form990PartVIISectionAGrp/PersonNm13CHARLENE TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm14VON WASHINGTON JR
IRS990/Form990PartVIISectionAGrp/PersonNm15MICHAEL HARRISON
IRS990/Form990PartVIISectionAGrp/PersonNm16DR ANDREA BOSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm17MARY BALKEMA
IRS990/Form990PartVIISectionAGrp/PersonNm18ALISA CARREL
IRS990/Form990PartVIISectionAGrp/PersonNm19BARBARA HAMILTON-MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm20JAMES K RITSEMA
IRS990/Form990PartVIISectionAGrp/PersonNm21SANDRA CALDERON-HUEZO
IRS990/Form990PartVIISectionAGrp/PersonNm22STEVE VICENZI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0152553
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (ENDED 2/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (ENDED 4/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (ENDED 5/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR (ENDED 5/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (ENDED 5/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18TREASURER/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19SECRETARY (ENDED 5/24)
IRS990/Form990PartVIISectionAGrp/TitleTxt20VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt018647214
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt020471989
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt020471989
IRS990/GrantsToDomesticOrgsGrp/TotalAmt020471989
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt081923142
IRS990/GrossReceiptsAmt0108216722
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt09200
IRS990/InformationTechnologyGrp/TotalAmt09200
IRS990/InsuranceGrp/ManagementAndGeneralAmt030519
IRS990/InsuranceGrp/TotalAmt030519
IRS990/InvestmentIncomeGrp/ExclusionAmt03525062
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03525062
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0220095569
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0303766466
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt063275928
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE KALAMAZOO FOUNDATION FOR EXCELLENCE IS TO SUPPORT THE GOALS OF THE CITY OF KALAMAZOO, FUND ASPIRATIONAL INVESTMENTS IN THE CITY, AND EMPOWER KALAMAZOO RESIDENTS TO ACHIEVE THE LIVES THEY WANT FOR THEMSELVES AND THEIR FAMILIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0470240853
IRS990/NetAssetsOrFundBalancesEOYAmt0516698913
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt018647214
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt018647214
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt022906457
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0220109853
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0304360913
IRS990/NoncashContributionsAmt022753298
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06610
IRS990/OfficeExpensesGrp/TotalAmt06610
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0250131597
IRS990/OtherAssetsTotalGrp/EOYAmt0212338000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt010427
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt050004
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115200
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21816
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3764
IRS990/OtherExpensesGrp/TotalAmt050004
IRS990/OtherExpensesGrp/TotalAmt115200
IRS990/OtherExpensesGrp/TotalAmt212243
IRS990/OtherExpensesGrp/TotalAmt3764
IRS990/OtherLiabilitiesGrp/BOYAmt0183850
IRS990/OtherLiabilitiesGrp/EOYAmt0192605
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02426
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09702
IRS990/PayrollTaxesGrp/TotalAmt012128
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0STEVE VICENZI
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04005169
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt018500872
IRS990/PYInvestmentIncomeAmt03060680
IRS990/PYOtherExpensesAmt0600822
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-12204953
IRS990/PYSalariesCompEmpBnftPaidAmt0169108
IRS990/PYTotalExpensesAmt019270802
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07065849
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt023551603
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0245074
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0822369
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE SUPPORTED ORGANIZATION IS A GOVERNMENTAL UNIT, WHICH AUTOMATICALLY QUALIFIES UNDER IRC SECTION 509(A)(1).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ORGANIZATION IS RESPONSIVE TO THE NEEDS OF THE CITY OF KALAMAZOO, MICHIGAN. THIS REQUIRES THAT THE OFFICERS AND DIRECTORS OF THE ORGANIZATION MAINTAIN A CLOSE AND CONTINUOUS WORKING RELATIONSHIP WITH THE CITY COMMISSION, AS REQUIRED BY THE ARTICLES OF INCORPORATION. DIRECTOR POSITIONS SHALL BE FILLED BY VOTE OF THE BOARD OF DIRECTORS FOLLOWING NOMINATION BY THE CITY COMMISSION. THE CITY DIRECTORS CONSISTS OF THE MAYOR OF THE CITY OF KALAMAZOO AND THE CITY MANAGER OF THE CITY OF KALAMAZOO, TWO PERSONS WHO ARE CURRENT COMMISSIONERS ON THE CITY COMMISSION, AND ONE PERSON NOMINATED AND ELECTED BY THE CITY COMMISSION WHO SHALL BE CHOSEN FROM THE KALAMAZOO COMMUNITY. THE ORGANIZATION OPERATES IN AN EXCLUSIVE FINANCIAL RELATIONSHIP WITH THE CITY OF KALAMAZOO IN A NATIONALLY UNIQUE MODEL. THE ORGANIZATION'S FUNDS DIRECTLY SUPPORT PROGRAMS AND PROJECTS OF CITY DEPARTMENTS IN THEIR WORK, OFTEN CONDUCTED WITH PARTNERS WHOSE MISSIONS ALIGN WITH THE GOALS AND OBJECTIVES OF THE IMAGINE KALAMAZOO 2025 STRATEGIC VISION AND OTHER ADOPTED CITY PLANS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2A FINANCE COMMITTEE HAS BEEN ESTABLISHED, WHICH INCLUDES THE ORGANIZATION'S TREASURER, THE CITY'S FINANCE DIRECTOR, OR A SIMILAR POSITION (OR A PERSON APPOINTED BY THE CITY'S FINANCE DIRECTOR), THE CITY MANAGER AND TWO STAKEHOLDER DIRECTORS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 2
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 1C
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION D, LINE 3
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0386004627
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt020471989
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CITY OF KALAMAZOO MICHIGAN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt020471989
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED

Document Assets

No mirrored PDF or thumbnail assets are attached yet.