Civic Intelligence

Marygrove Conservancy

990 • Fiscal year 2017 • EIN 82-2782819

Jan 01, 2017 to Dec 31, 2017 • Filed on Jan 15, 2019

Organization ProfileN/A
8425 West Mcnichols RoadDetroit, MI 48221-2546

(313) 927-1200

Siviq Scores

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

Liabilities / Assets

85th percentile

0.76x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

3.12x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets85th percentile

Assets

$12,632,093

No earlier filing loaded for comparison.

Net Assets

$3,067,609

No earlier filing loaded for comparison.

Liabilities

$9,564,484

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin100th percentile

Revenue

$3,067,609

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$3,067,609

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$150M$100M$50M$0Assets 2017: $12,632,093Liabilities 2017: $9,564,484Net Assets 2017: $3,067,6092017Assets 2018: $10,215,006Liabilities 2018: $6,639,807Net Assets 2018: $3,575,1992018Assets 2019: $14,463,753Liabilities 2019: $7,529,173Net Assets 2019: $6,934,5802019Assets 2020: $40,281,559Liabilities 2020: $31,527,904Net Assets 2020: $8,753,6552020Assets 2021: $74,090,632Liabilities 2021: $62,408,064Net Assets 2021: $11,682,5682021Assets 2022: $102,325,216Liabilities 2022: $93,037,862Net Assets 2022: $9,287,3542022Assets 2023: $111,553,857Liabilities 2023: $97,833,227Net Assets 2023: $13,720,6302023Assets 2024: $134,303,795Liabilities 2024: $109,041,595Net Assets 2024: $25,262,2002024

Highlighted filing

2017

Assets$12,632,093
Liabilities$9,564,484
Net Assets$3,067,609
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$30M$20M$10M$0-$10MRevenue 2017: $3,067,609Expenses 2017: $0Net Income 2017: $3,067,6092017Revenue 2018: $350,003Expenses 2018: $220,320Net Income 2018: $129,6832018Revenue 2019: $7,229,173Expenses 2019: $3,576,824Net Income 2019: $3,652,3492019Revenue 2020: $6,637,411Expenses 2020: $4,818,336Net Income 2020: $1,819,0752020Revenue 2021: $9,035,851Expenses 2021: $6,106,938Net Income 2021: $2,928,9132021Revenue 2022: $4,577,465Expenses 2022: $6,972,679Net Income 2022: -$2,395,2142022Revenue 2023: $9,808,032Expenses 2023: $9,208,897Net Income 2023: $599,1352023Revenue 2024: $20,989,480Expenses 2024: $9,447,909Net Income 2024: $11,541,5712024

Highlighted filing

2017

Revenue$3,067,609
Expenses$0
Net Income$3,067,609
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jan 15, 2019
Return Version
2017v2.3
Gross Receipts
$3,067,609
Mission and Program Overview

Mission

To receive and administer funds and property and to operate exclusively for charitable, educational, scientific, and literary purposes, as well as to preserve the legacy of marygrove college through the advancement of educational opportunities for children and families, particularly within the livernois and mcnichols corridors of detroit, michigan, by providing space, infrastructure, and other assistance to support integrated p-20 education models that provide comprehensive support from pre-natal through college to career and other community-based activities and programming.

To preserve the legacy of marygrove college through the advancement of integrated p-20 educational opportunities for low-income children and families, particularly within the livernois and mcnichols corridors of detroit, michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$12,632,093▲ $12,632,093
Total Assets$0$12,632,093▲ $12,632,093
Liabilities
Mortgage Notes Payable Secured by Investment Property-$6,484,484-
Other Liabilities$0$3,080,000▲ $3,080,000
Total Liabilities$0$9,564,484▲ $9,564,484
Net Assets / Fund Balance
Unrestricted Net Assets-$3,067,609-
Total Net Assets Fund Balance$0$3,067,609▲ $3,067,609
Total Liabilities and Net Assets / Fund Balance$0$12,632,093▲ $12,632,093

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,802,104$20,188,255$26,990,359
Equipment$2,062,172$6,120,409$8,182,581
Land$3,767,817-$3,767,817
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Sr Mary Jane HerbChair
Antoine GaribaldiDirector
Elizabeth a BurnsDirector
Michael ForsythDirector
Wendy Lewis JacksonDirector
Glenda PriceSecretary
Aaron SeybertTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,067,609
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$3,067,609
Change in Net Assets
$3,067,609

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
Real Estate Other2$2,353,965Net Cost From Donor
Other Non Cash Contri Table1$713,644Net Cost From Donor
Total Noncash Contributions3$3,067,609-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Capital Lease Payable$3,080,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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 B, Line 11B

“After preparation of form 990 by the organization's independent public accounting firm, the organization's management reviews the draft return and communicates any necessary revisions before the return is signed and filed.”

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

“The organization has all employees, committee members, and board members sign a conflict of interest statement annually.”

Form 990, Part VI, Section C, Line 19

“Governing documents and the conflict of interest policy are available by written request to the organization.”

Filing and Contact Details

Filer

Filer Name
Marygrove Conservancy
EIN
82-2782819
Phone
3139271200
Address
8425 WEST MCNICHOLS ROAD, DETROIT, MI 48221-2546

Signing Officer

Name
Aaron Seybert
Title
Treasurer
Phone
3139271200
Signed
2019-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sr Mary Jane Herb
Formed
2017
Legal Domicile
Mi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
George Johnson & Company
Address
1200 BUHL BUILDING 535 GRISWOLD, DETROIT, MI 48226-3689
Preparer
Michael R Nicholas
Phone
3139652655
Raw XML Appendix304 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/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PRESERVE THE LEGACY OF MARYGROVE COLLEGE THROUGH THE ADVANCEMENT OF INTEGRATED P-20 EDUCATIONAL OPPORTUNITIES FOR LOW-INCOME CHILDREN AND FAMILIES, PARTICULARLY WITHIN THE LIVERNOIS AND MCNICHOLS CORRIDORS OF DETROIT, MICHIGAN.
IRS990/AllOtherContributionsAmt03067609
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0AARON SEYBERT
IRS990/BooksInCareOfDetail/PhoneNum02485020620
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt03215 WEST BIG BEAVER ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0TROY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd048084
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03067609
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt00
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03067609
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt00
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03067609
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0ACQUISITION OF PROPERTY FROM MARYGROVE COLLEGE
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0SR MARY JANE HERB
IRS990/Form990PartVIISectionAGrp/PersonNm1AARON SEYBERT
IRS990/Form990PartVIISectionAGrp/PersonNm2GLENDA PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH A BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm4WENDY LEWIS JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHAEL FORSYTH
IRS990/Form990PartVIISectionAGrp/PersonNm6ANTOINE GARIBALDI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03067609
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitialReturnInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt026308664
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt012632093
IRS990/LandBldgEquipCostOrOtherBssAmt038940757
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO RECEIVE AND ADMINISTER FUNDS AND PROPERTY AND TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY PURPOSES, AS WELL AS TO PRESERVE THE LEGACY OF MARYGROVE COLLEGE THROUGH THE ADVANCEMENT OF EDUCATIONAL OPPORTUNITIES FOR CHILDREN AND FAMILIES, PARTICULARLY WITHIN THE LIVERNOIS AND MCNICHOLS CORRIDORS OF DETROIT, MICHIGAN, BY PROVIDING SPACE, INFRASTRUCTURE, AND OTHER ASSISTANCE TO SUPPORT INTEGRATED P-20 EDUCATION MODELS THAT PROVIDE COMPREHENSIVE SUPPORT FROM PRE-NATAL THROUGH COLLEGE TO CAREER AND OTHER COMMUNITY-BASED ACTIVITIES AND PROGRAMMING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06484484
IRS990/NetAssetsOrFundBalancesEOYAmt03067609
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt03067609
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt03080000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SR MARY JANE HERB
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03067609
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MARYGROVE CONSERVANCY COMMENCED OPERATIONS EFFECTIVE SEPTEMBER 5, 2017. THEREFORE, THE 2017 COLUMN REPRESENTS A SHORT PERIOD.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03067609
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03067609
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03067609
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03067609
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03067609
IRS990ScheduleA/TotalSupportAmt03067609
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06802104
IRS990ScheduleD/BuildingsGrp/DepreciationAmt020188255
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt026990359
IRS990ScheduleD/EquipmentGrp/BookValueAmt02062172
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06120409
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08182581
IRS990ScheduleD/LandGrp/BookValueAmt03767817
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03767817
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03080000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CAPITAL LEASE PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012632093
IRS990ScheduleD/TotalLiabilityAmt03080000
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/Form8283ReceivedCnt00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0EQUIPMENT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0NET COST FROM DONOR
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0713644
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt02
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt0NET COST FROM DONOR
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd0X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt02353965
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AFTER PREPARATION OF FORM 990 BY THE ORGANIZATION'S INDEPENDENT PUBLIC ACCOUNTING FIRM, THE ORGANIZATION'S MANAGEMENT REVIEWS THE DRAFT RETURN AND COMMUNICATES ANY NECESSARY REVISIONS BEFORE THE RETURN IS SIGNED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ALL EMPLOYEES, COMMITTEE MEMBERS, AND BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE BY WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/TotalAssetsEOYAmt012632093
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt012632093
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt03067609
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt00
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt09564484
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt09564484
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03067609
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03067609
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012632093
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03067609
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08425 WEST MCNICHOLS ROAD
IRS990/USAddress/CityNm0DETROIT
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd0482212546
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0MARYGROVE CONSERVANCY'S FORM 990 FOR THE PERIOD ENDED DECEMBER 31, 2017 WAS NOT FILED TIMELY FOR THE FOLLOWING REASONS:(1) THE VALUATION OF THE LAND AND BUILDINGS TRANSFERRED TO MARYGROVE CONSERVANCY (THE "CONSERVANCY") WAS COMPLEX, AND SEVERAL ITERATIONS WERE MADE AFTER THE TRANSFER. MARYGROVE COLLEGE (THE "COLLEGE") NEEDED TO BE SURE THE VALUATION WAS ACCURATE FOR ITS OWN RECORDS, AS THE COLLEGE IS A REGULATED INSTITUTION, AND THE CONSERVANCY RECORDED THE TRANSACTION BASED ON THE INFORMATION PROVIDED BY THE COLLEGE.(2) THE CONSERVANCY HAS A VOLUNTEER BOARD OF DIRECTORS, AND THERE WERE SEVERAL CHANGES IN THAT BOARD DURING THE CONSERVANCY'S INITIAL FILING PERIOD.IT IS THE CONSERVANCY'S POSITION THAT THESE FACTS CONSTITUTE REASONABLE CAUSE SUCH AS TO ALLOW THE REMOVAL OF ANY PENALTIES THAT MIGHT BE ASSESSED. THE CONSERVANCY HAS TAKEN STEPS TO ENSURE THAT THIS WILL NOT OCCUR IN THE FUTURE, PRIMARILY BY ENGAGING A CERTIFIED PUBLIC ACCOUNTING FIRM TO PREPARE THE ANNUAL FORM 990.BECAUSE OF THE NATURE OF THE CIRCUMSTANCES, AS DESCRIBED ABOVE, THE CONSERVANCY RESPECTFULLY REQUESTS THAT ANY ASSESSMENTS FOR LATE FILING BE WAIVED.
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AARON SEYBERT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03139271200
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MARYGROVE CONSERVANCY
ReturnHeader/Filer/BusinessNameControlTxt0MARY
ReturnHeader/Filer/EIN0822782819
ReturnHeader/Filer/PhoneNum03139271200
ReturnHeader/Filer/USAddress/AddressLine1Txt08425 WEST MCNICHOLS ROAD
ReturnHeader/Filer/USAddress/CityNm0DETROIT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0482212546
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07B56315DEDB610CDE13556413D69B815E6919EAB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId045104BB3C31A9DA67E1EDD6C4B5D9DAA9AD9C838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02019-01-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm010:47:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382029668
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGE JOHNSON & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01200 BUHL BUILDING 535 GRISWOLD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DETROIT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0482263689
ReturnHeader/PreparerPersonGrp/PhoneNum03139652655
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL R NICHOLAS
ReturnHeader/ReturnTs02019-01-15T09:51:34-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-09-05
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,632,093
Liabilities
$9,564,484
Net assets
$3,067,609
Revenue
$3,067,609
Expenses
$0
Net income
$3,067,609
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$134$109$25.3$21.0$9.45$11.5
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$97.8$13.7$9.81$9.21$0.60
2022Detailed filing. Detailed filing data is available for this year.$102$93.0$9.29$4.58$6.97$2.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.1$62.4$11.7$9.04$6.11$2.93
2020Detailed filing. Detailed filing data is available for this year.$40.3$31.5$8.75$6.64$4.82$1.82
2019Detailed filing. Detailed filing data is available for this year.$14.5$7.53$6.93$7.23$3.58$3.65
2018Detailed filing. Detailed filing data is available for this year.$10.2$6.64$3.58$0.35$0.22$0.13
2017Detailed filing. Detailed filing data is available for this year.$12.6$9.56$3.07$3.07$0.00$3.07