Civic Intelligence

Msufcu Desk Drawer Foundation

990 • Fiscal year 2023 • EIN 83-3598690

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 20, 2024

Organization ProfileWWW.DESKDRAWERFUND.ORG
3777 West RdEast Lansing, MI 48823

(517) 333-2299

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

96th percentile

79%

Higher net margin than 96% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

94th percentile

$268,161

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

99th percentile

1335%

Faster asset growth than 99% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

436%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets26th percentile

Assets

Up

$2,670,368

Up $2,484,261 (+1335%) from 2022

Net Assets

Up

$2,658,717

Up $2,543,059 (+2199%) from 2022

Liabilities

Down

$11,651

Down $58,798 (-83%) from 2022

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin96th percentile

Revenue

Up

$3,201,547

Up $2,604,380 (+436%) from 2022

Expenses

Up

$658,488

Up $69,185 (+12%) from 2022

Net Income

Up

$2,543,059

Up $2,535,195 (+32238%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth99th percentile

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

$3.0M$2.0M$1.0M$0Assets 2019: $79,277Liabilities 2019: $0Net Assets 2019: $79,2772019Assets 2020: $103,526Liabilities 2020: $11,153Net Assets 2020: $92,3732020Assets 2021: $109,063Liabilities 2021: $1,269Net Assets 2021: $107,7942021Assets 2022: $186,107Liabilities 2022: $70,449Net Assets 2022: $115,6582022Assets 2023: $2,670,368Liabilities 2023: $11,651Net Assets 2023: $2,658,7172023Assets 2024: $2,490,302Liabilities 2024: $30,085Net Assets 2024: $2,460,2172024

Highlighted filing

2023

Assets$2,670,368
Liabilities$11,651
Net Assets$2,658,717
Open 2023 Filing

Operations Trend

Revenue Growth98th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $321,625Expenses 2019: $242,348Net Income 2019: $79,2772019Revenue 2020: $467,330Expenses 2020: $454,234Net Income 2020: $13,0962020Revenue 2021: $526,094Expenses 2021: $510,673Net Income 2021: $15,4212021Revenue 2022: $597,167Expenses 2022: $589,303Net Income 2022: $7,8642022Revenue 2023: $3,201,547Expenses 2023: $658,488Net Income 2023: $2,543,0592023Revenue 2024: $680,167Expenses 2024: $878,667Net Income 2024: -$198,5002024

Highlighted filing

2023

Revenue$3,201,547
Expenses$658,488
Net Income$2,543,059
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 20, 2024
Return Version
2023v5.1
Gross Receipts
$3,286,571
Mission and Program Overview

Mission

Our mission is to empower members, employees, and other businesses to contribute to a universal wellbeing by investing in our local communities and helping them flourish.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$115,658$2,658,717▲ $2,543,059
Investments Program Related-$2,500,000-
Cash and Non-Interest-Bearing Accounts$186,107$170,368▼ $15,739
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$186,107$2,670,368▲ $2,484,261
Liabilities
Grants Payable$53,735$0▼ $53,735
Accounts Payable and Accrued Expenses$11,276$6,456▼ $4,820
Other Liabilities$5,438$5,195▼ $243
Total Liabilities$70,449$11,651▼ $58,798
Net Assets / Fund Balance
Total Net Assets Fund Balance$115,658$2,658,717▲ $2,543,059
Total Liabilities and Net Assets / Fund Balance$186,107$2,670,368▲ $2,484,261

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,500,000--
Compensation and Service Providers
Top Officer Pay94th percentile

Board Members and Trustees

NameTitle
Ernest BettsChair
Daniel SpadaforeDirector
Diane Ottarson-landryDirector
Elizabeth LawrenceDirector
Elliot DanielsDirector
Dylan MinorDirector - Part Year
Susanne ElkinsExecutive Director - Part Year
Angela BrownSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,151,811
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$49,736
All Other Contributions
$376,811
Change in Net Assets
$2,543,059

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,201,547
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$426,378,288
Total Revenue per Audited Statements
$429,579,835
Total Revenue per Form 990
$3,201,547
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$605,213
Other Expenses$53,275
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$605,213--$605,213
Fees for Services Legal-$36,781-$36,781
Other Expenses-$9,527-$9,527
Office Expenses-$6,709-$6,709
Advertising-$258-$258
Total Functional Expenses$605,213$53,275$0$658,488

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$387,640,368
Expenses Not Reported on Form 990$386,981,880
Expenses per Audited Statements$658,488
Total Expenses per Form 990$658,488
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Child and Family CharitiesLansing, MI501(c)(3)Empowering Youth$100,000
Habitat for Humanity Capital RegionLansing, MI501(c)(3)Stable Housing$75,000
Detroit Institute of ArtsDetroit, MI501(c)(3)Arts & Culture$50,000
WOMEN'S RESOURCE CENTERTraverse City, MI501(c)(3)Stable Housing$47,965
Allen Neighborhood CenterLansing, MI501(c)(3)Stable Housing$46,828
The Davies ProjectLansing, MI501(c)(3)Empowering Youth$39,253
New Day FoundationRochester Hills, MI501(c)(3)Financial Education$39,108
Capital Area United WayLansing, MI501(c)(3)Stable Housing$30,557
Michigan Women ForwardLansing, MI501(c)(3)Fostering Entrepreneurship$30,000
Detroit Public TheatreDetroit, MI501(c)(3)Arts & Culture$25,000
Impression 5Lansing, MI501(c)(3)Empowering Youth$25,000
Lansing SaveLansing, MI501(c)(3)Financial Education$25,000
Lansing Art Gallery & Education CenterLansing, MI501(c)(3)Arts & Culture$15,000
City of East LansingEast Lansing, MI501(c)(3)Arts & Culture$10,000
Family Promise of West MichiganGrand Rapids, MI501(c)(3)Stable Housing$10,000
Habitat for Humanity Grand Traverse RegionTraverse City, MI501(c)(3)Stable Housing$10,000
Accelerate4kidsDetroit, MI501(c)(3)Fostering Entrepreneurship$9,000
Kids Food BasketGrand Rapids, MI501(c)(3)Empowering Youth$8,334
Capital Area Housing PartnershipLansing, MI501(c)(3)Stable Housing$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$134,760
Gaming Direct Expenses$85,024
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 Msufcu$8
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Michigan state university federal credit union is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“Michigan state university federal credit union, the sole member, has the right to elect the directors of the organization.”

Form 990, Part VI, Section A, Line 7B

“In its capacity as sole member, michigan state university federal credit union has the power to: a.) elect directors; b.) approve all amendments to the articles of incorporation; c.) dissolve, merge, sell substantially all of the corporation's assets, and lease substantially all of the corporation's assets; and d.) admit any new member of the corporation.”

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

“The 990 is reviewed by the executive director and the board chair prior to filing. The board is provided a copy prior to filing.”

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

“Each board member must sign and update a statement identifying any conflicts of interest and has personal responsibility to identify when a conflict or potential conflict arises. Conflicts or potential conflicts will be reviewed and investigated by the board. If a conflict arises, the board member must leave the room during discussion and abstain from voting.”

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
Desk Drawer Fund
EIN
83-3598690
Phone
5173332299
Address
3777 WEST RD, EAST LANSING, MI 48823

Signing Officer

Name
Rebecca Surian
Title
Executive Director
Phone
5173332299
Signed
2024-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Surian
Formed
2018
Legal Domicile
Mi
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
7

Preparer

Firm
Plante & Moran Pllc
Address
750 TRADE CENTRE WAY STE 300, PORTAGE, MI 49002
Preparer
Joshua Nitz CPA
Phone
2695674500
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from prior year.”

SECTION 168(H)(6)(F) ELECTION:

“The taxpayer is the tax-exempt parent of a tax-exempt controlled entity which has made a section 168(h)(6)(f)(ii) election to not be treated as a tax-exempt entity. As a result of this election, the taxpayer is aware that it is to recognize any gain on the disposition of its interest in the tax-exempt controlled entity as unrelated business taxable income under code section 511. This election is irrevocable.”

Financial Statement Notes

PART X, LINE 2:

“The desk drawer fund is a not-for-profit corporation and is exempt from tax under the provisions of internal revenue code section 501(c)(3). Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by ddf and recognize a tax liability if ddf has taken an uncertain position that more likely than not would not be sustained upon examination by the internal revenue service (irs) or other applicable taxing authorities. Management has analyzed the tax positions taken by ddf and has concluded that as of december 31, 2023, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. Ddf is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Related organization revenue 426,236,688.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Related organization expense 386,840,280.”

Raw XML AppendixShowing 400 of 726 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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IRS990/PYRevenuesLessExpensesAmt07864
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0589303
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0597167
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02543059
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt02775000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0115658
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt02658717
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03151811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0571888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0526094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0467330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0321625
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05038748
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98530
IRS990ScheduleA/PublicSupportTotal170Amt05038748
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03151811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0571888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0526094
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0467330
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0321625
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05038748
IRS990ScheduleA/TotalSupportAmt05113763
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt049736
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt025279
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt075015
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0141600
IRS990ScheduleD/DonatedServicesUseFcltsAmt0141600
IRS990ScheduleD/ExpensesNotReportedAmt0386981880
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0658488
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt05187
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt02500000
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN VERTE INVESTMENTS, LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/OtherExpensesIncludedAmt0386840280
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO MSUFCU
IRS990ScheduleD/OtherRevenueAmt0426236688
IRS990ScheduleD/RevenueNotReportedAmt0426378288
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03201547
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE DESK DRAWER FUND IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY DDF AND RECOGNIZE A TAX LIABILITY IF DDF HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY DDF AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. DDF IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RELATED ORGANIZATION REVENUE 426,236,688.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RELATED ORGANIZATION EXPENSE 386,840,280.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt02500000
IRS990ScheduleD/TotalExpensesPerForm990Amt0658488
IRS990ScheduleD/TotalLiabilityAmt05195
IRS990ScheduleD/TotalRevenuePerForm990Amt03201547
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0429579835
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0387640368
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt066370
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt066370
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt085024
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt0134760
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0134760
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt049736
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt018654
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt018654
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd00
IRS990ScheduleG/GamingManagerCompensationAmt018271
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0SAMANTHA WILLET
IRS990ScheduleG/GamingManagerServicesProvTxt0SUPERVISES EMPLOYEES WHO KEEP RECORDS, COUNT MONEY, OVERSEE GAMING ACTIVITIES DURING EVENTS AND PREPARE STATE MANDATED FINANCIAL REPORTS
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/IndividualWithBooksNm0JACKIE GORDON
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt03777 WEST ROAD
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0EAST LANSING
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MI
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd048823
IRS990ScheduleG/StatesWhereGamingConductedCd0MI
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt09000
IRS990ScheduleI/RecipientTable/CashGrantAmt146828
IRS990ScheduleI/RecipientTable/CashGrantAmt27500
IRS990ScheduleI/RecipientTable/CashGrantAmt330557
IRS990ScheduleI/RecipientTable/CashGrantAmt4100000
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/CashGrantAmt650000
IRS990ScheduleI/RecipientTable/CashGrantAmt725000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt975000
IRS990ScheduleI/RecipientTable/CashGrantAmt1010000
IRS990ScheduleI/RecipientTable/CashGrantAmt1125000
IRS990ScheduleI/RecipientTable/CashGrantAmt128334
IRS990ScheduleI/RecipientTable/CashGrantAmt1315000
IRS990ScheduleI/RecipientTable/CashGrantAmt1425000
IRS990ScheduleI/RecipientTable/CashGrantAmt1530000
IRS990ScheduleI/RecipientTable/CashGrantAmt1639108
IRS990ScheduleI/RecipientTable/CashGrantAmt1739253
IRS990ScheduleI/RecipientTable/CashGrantAmt1847965
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/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt130
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt140
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt150
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt160
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt170
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt180
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc1N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc2N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc3N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc4N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc5N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc6N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc7N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc8N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc9N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc10N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc11N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc12N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc13N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc14N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc15N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc16N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc17N/A
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc18N/A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOSTERING ENTREPRENEURSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1STABLE HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2STABLE HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3STABLE HOUSING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4EMPOWERING YOUTH

Document Assets

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,670,368
Liabilities
$11,651
Net assets
$2,658,717
Revenue
$3,201,547
Expenses
$658,488
Net income
$2,543,059
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.49$0.03$2.46$0.68$0.88$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.67$0.01$2.66$3.20$0.66$2.54
2022Detailed filing. Detailed filing data is available for this year.$0.19$0.07$0.12$0.60$0.59$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.53$0.51$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.01$0.09$0.47$0.45$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.32$0.24$0.08