Civic Intelligence

Michigan Capital Network Association

EIN 86-1255672 • 501(c)6 • Grand Rapids, MI

Profile

Establish a community of individuals and groups engaged in the trade and business of early-stage investing by creating an association that empowers its members with the tools, resources, and support to advance the business conditions for the assocation and its members.

37 Ottawa Ave NW Suite 200Grand Rapids, MI 49503

www.michigancapitalnetwork.com

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.02x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

84th percentile

24%

Higher net margin than 84% of similar nonprofits.

501(c)6 • <$500k 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

89th percentile

35%

Faster asset growth than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-45%

Faster revenue growth than 12% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Up

$176,828

Up $45,946 (+35%) from 2023

Liabilities

Down

$3,999

Down $26,189 (-87%) from 2023

Net Assets

Up

$172,829

Up $72,135 (+72%) from 2023

Operations
Liabilities / Revenue61st percentileNet Margin84th percentile

Revenue

Down

$297,226

Down $239,116 (-45%) from 2023

Expenses

Down

$225,670

Down $249,584 (-53%) from 2023

Net Income

Up

$71,556

Up $10,468 (+17%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth89th percentile

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

$200K$150K$100K$50K$0Assets 2021: $49,114Liabilities 2021: $10,878Net Assets 2021: $38,2362021Assets 2022: $49,462Liabilities 2022: $9,856Net Assets 2022: $39,6062022Assets 2023: $130,882Liabilities 2023: $30,188Net Assets 2023: $100,6942023Assets 2024: $176,828Liabilities 2024: $3,999Net Assets 2024: $172,8292024

Highlighted filing

2024

Assets$176,828
Liabilities$3,999
Net Assets$172,829
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

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

$600K$400K$200K$0Revenue 2021: $285,655Expenses 2021: $247,419Net Income 2021: $38,2362021Revenue 2022: $360,123Expenses 2022: $358,753Net Income 2022: $1,3702022Revenue 2023: $536,342Expenses 2023: $475,254Net Income 2023: $61,0882023Revenue 2024: $297,226Expenses 2024: $225,670Net Income 2024: $71,5562024

Highlighted filing

2024

Revenue$297,226
Expenses$225,670
Net Income$71,556
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$176,828
Liabilities
$3,999
Net assets
$172,829
Revenue
$297,226
Expenses
$225,670
Net income
$71,556
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.04$1.73$2.97$2.26$0.72
2023Detailed filing. Detailed filing data is available for this year.$1.31$0.30$1.01$5.36$4.75$0.61
2022Detailed filing. Detailed filing data is available for this year.$0.49$0.10$0.40$3.60$3.59$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.49$0.11$0.38$2.86$2.47$0.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 26, 2025
Return Version
2024v5.2
Gross Receipts
$297,226
Mission and Program Overview

Mission

Establish a community of individuals and groups engaged in the trade and business of early-stage investing by creating an association that empowers its members with the tools, resources, and support to advance the business conditions for the association and its members.

Establish a community of individuals and groups engaged in the trade and business of early-trade investing

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$100,694$172,829▲ $72,135
Cash and Non-Interest-Bearing Accounts$53,970$120,416▲ $66,446
Accounts Receivable$76,912$56,412▼ $20,500
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$130,882$176,828▲ $45,946
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$17,829$0▼ $17,829
Accounts Payable and Accrued Expenses$12,359$3,999▼ $8,360
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$30,188$3,999▼ $26,189
Net Assets / Fund Balance
Total Net Assets Fund Balance$100,694$172,829▲ $72,135
Total Liabilities and Net Assets / Fund Balance$130,882$176,828▲ $45,946
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Meagan MalmBoard DirectorPT$120,422$120,422
Emily GilbertBoard MemberFT$56,864$56,864

Board Members and Trustees

NameTitle
Joerg PicardBoard Director
Lee RichardsBoard Director
Paul D'AmatoCEO & Former Director
Revenue and Support

Revenue Composition

Contributions and Grants
$288,948
Program Service Revenue
$0
Investment Income
$7,790
Other Revenue
$488
All Other Contributions
$45,448
Change in Net Assets
$71,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$225,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$172,792--$172,792
Conferences and Meetings$25,578--$25,578
Advertising$5,929--$5,929
Office Expenses-$4,702-$4,702
Fees for Services Legal-$4,230-$4,230
Fees for Services Accounting-$2,329-$2,329
Information Technology-$2,329-$2,329
Travel-$1,869-$1,869
Other Expenses$160$50-$50
Total Functional Expenses$209,246$16,424$0$225,670
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

“The form 990 is reviewed and approved by the organizations managing director.”

FORM 990, PART VI, SECTION C, LINE 19:

“Governing documents are available upon request and on the state of michigan website.”

FORM 990, PART VI, SECTION A, LINE 2:

“Paul d'amato is the primary shareholder of michigan capital network ventures.”

Filing and Contact Details

Filer

Filer Name
Michigan Capital Network Association
EIN
86-1255672
In Care Of
% PAUL D'AMATO
Phone
6165661770
Address
37 Ottawa Ave NW Suite 200, Grand Rapids, MI 49503

Signing Officer

Name
Meagan Malm
Title
Director
Phone
6165661770
Signed
2025-03-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meagan Malm
Formed
2021
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
2
Employees
0

Preparer

Firm
Bdo USA
Address
200 OTTAWA AVE NW STE 300, GRAND RAPIDS, MI 49503
Preparer
Eric Fisher
Phone
6167747000
Supplemental Narrative

Additional Explanations

FORM 990, PART 1, DESCRIPTION OF ORGANIZATION MISSION:

“Early-stage investing by creating an association that empowers its members with the tools, resources, and support to advance the business conditions for the association and its members.”

FORM 990, PART III, LINE 4D:

“The fourth largest service program we have is kzoo angels. It generated 10 of 98 total members in our organization. Similar to our other programs, we host monthly meetings where we invite ceos from various companies and further our mission to educate, grow and diversify membership. It also focuses on the same companies as grand angels, woodward angels, and the bluewater angels.”

FORM 990, PART XI, LINE 9:

“Reversal of benefits for employee insurance liabilities for tax year 2024.”

Raw XML AppendixShowing 400 of 426 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012359
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03999
IRS990/AccountsReceivableGrp/BOYAmt076912
IRS990/AccountsReceivableGrp/EOYAmt056412
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ESTABLISH A COMMUNITY OF INDIVIDUALS AND GROUPS ENGAGED IN THE TRADE AND BUSINESS OF EARLY-TRADE INVESTING
IRS990/AdvertisingGrp/ProgramServicesAmt05929
IRS990/AdvertisingGrp/TotalAmt05929
IRS990/AllOtherContributionsAmt045448
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0PAUL D'AMATO
IRS990/BooksInCareOfDetail/PhoneNum06168360386
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt037 OTTAWA AVE NW SUITE 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAND RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049503
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt053970
IRS990/CashNonInterestBearingGrp/EOYAmt0120416
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt025578
IRS990/ConferencesMeetingsGrp/TotalAmt025578
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0288948
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07790
IRS990/CYOtherExpensesAmt0225670
IRS990/CYOtherRevenueAmt0488
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt071556
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0225670
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0297226
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0THE LARGEST SERVICE PROGRAM WE HAVE IS GRAND ANGELS. IT GENERATED 55 MEMBERS OF THE 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER GRAND RAPIDS AREA. WE PROVIDE MONTHLY MEETINGS FOR OUR GRAND ANGELS WHERE WE HOST 1-3 CEOS FROM VARIOUS COMPANIES. THIS SUPPORTS OUR MISSION TO EDUCATE, GROW AND DIVERSIFY INVESTORS. WE FOCUS ON EARLY-STAGE INVESTING IN MICHIGAN AND THE SURROUNDING AREAS AS WELL AS A FOCUS ON ATTRACTING MEMBERS IN ADVANCED MANUFACTURING, ALTERNATIVE ENERGY, CONSUMER GOODS, LIFE SCIENCE AND OTHER TECHNOLOGIES.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt0117434
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02329
IRS990/FeesForServicesAccountingGrp/TotalAmt02329
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt04230
IRS990/FeesForServicesLegalGrp/TotalAmt04230
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0172792
IRS990/FeesForServicesManagementGrp/TotalAmt0172792
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.5
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0Paul D'Amato
IRS990/Form990PartVIISectionAGrp/PersonNm1Meagan Malm
IRS990/Form990PartVIISectionAGrp/PersonNm2Emily Gilbert
IRS990/Form990PartVIISectionAGrp/PersonNm3Joerg Picard
IRS990/Form990PartVIISectionAGrp/PersonNm4Lee Richards
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0304369
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1120422
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt256864
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO & Former Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02021
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/OtherAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossReceiptsAmt0297226
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02329
IRS990/InformationTechnologyGrp/TotalAmt02329
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt07790
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07790
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0243500
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ESTABLISH A COMMUNITY OF INDIVIDUALS AND GROUPS ENGAGED IN THE TRADE AND BUSINESS OF EARLY-STAGE INVESTING BY CREATING AN ASSOCIATION THAT EMPOWERS ITS MEMBERS WITH THE TOOLS, RESOURCES, AND SUPPORT TO ADVANCE THE BUSINESS CONDITIONS FOR THE ASSOCATION AND ITS MEMBERS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0100694
IRS990/NetAssetsOrFundBalancesEOYAmt0172829
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04702
IRS990/OfficeExpensesGrp/TotalAmt04702
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0579
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1MEALS AND ENTERTAINMENT
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING
IRS990/OtherExpensesGrp/Desc3LICENSES AND TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0915
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt150
IRS990/OtherExpensesGrp/ProgramServicesAmt04787
IRS990/OtherExpensesGrp/ProgramServicesAmt1160
IRS990/OtherExpensesGrp/TotalAmt0915
IRS990/OtherExpensesGrp/TotalAmt14787
IRS990/OtherExpensesGrp/TotalAmt2160
IRS990/OtherExpensesGrp/TotalAmt350
IRS990/OtherLiabilitiesGrp/BOYAmt017829
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0488
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0488
IRS990/OtherRevenueTotalAmt0488
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MEAGAN MALM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE SECOND LARGEST SERVICE PROGRAM WE HAVE IS WOODWARD ANGELS. IT GENERATED 22 MEMBERS OF THE 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER DETROIT AREA. SIMILAR TO THE ABOVE, WE HOST MONTHLY MEETINGS WHERE WE INVITE CEOS FROM VARIOUS COMPANIES AND FURTHER OUR MISSION TO EDUCATE, GROW AND DIVERSIFY OUR MEMBERSHIP. IT ALSO FOCUSES ON THE SAME COMPANIES AS GRAND ANGELS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt046974
IRS990/ProgSrvcAccomActy3Grp/Desc0THE THIRD LARGEST SERVICE PROGRAM WE HAVE IS BLUEWATER ANGELS. IT GENERATED 11 OF 98 TOTAL MEMBERS IN OUR ORGANIZATION. THIS PROGRAM FOCUSES ON INVESTORS IN THE GREATER KALAMAZOO AREA. SIMILAR TO THE ABOVE, WE HOST MONTHLY MEETINGS WHERE WE HOST 1-3 CEOS FROM VARIOUS COMPANIES. SINCE THIS IS AN ADDITIONAL GROUP OF OUR ORGANIZATION, IT ALSO ALLOWS OUR ORGANIZATION'S MISSION AND FOCUSES ON THE SAME COMPANIES AS GRAND ANGELS AND WOODWARD ANGELS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt023487
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0320346
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0215996
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0215678
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt061088
IRS990/PYSalariesCompEmpBnftPaidAmt0259576
IRS990/PYTotalExpensesAmt0475254
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0536342
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt071556
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0100694
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0172829
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0304369
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Paul D'Amato
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO & Former Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0304369
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EARLY-STAGE INVESTING BY CREATING AN ASSOCIATION THAT EMPOWERS ITS MEMBERS WITH THE TOOLS, RESOURCES, AND SUPPORT TO ADVANCE THE BUSINESS CONDITIONS FOR THE ASSOCIATION AND ITS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATIONS MANAGING DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AND ON THE STATE OF MICHIGAN WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOURTH LARGEST SERVICE PROGRAM WE HAVE IS KZOO ANGELS. IT GENERATED 10 OF 98 TOTAL MEMBERS IN OUR ORGANIZATION. SIMILAR TO OUR OTHER PROGRAMS, WE HOST MONTHLY MEETINGS WHERE WE INVITE CEOS FROM VARIOUS COMPANIES AND FURTHER OUR MISSION TO EDUCATE, GROW AND DIVERSIFY MEMBERSHIP. IT ALSO FOCUSES ON THE SAME COMPANIES AS GRAND ANGELS, WOODWARD ANGELS, AND THE BLUEWATER ANGELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAUL D'AMATO IS THE PRIMARY SHAREHOLDER OF MICHIGAN CAPITAL NETWORK VENTURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REVERSAL OF BENEFITS FOR EMPLOYEE INSURANCE LIABILITIES FOR TAX YEAR 2024.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART III, LINE 4D:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 2:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0810641966
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INVESTMENTS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MICHIGAN CAPITAL NETWORK VENTURES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt037 OTTAWA AVE NW SUITE 200 MI 495
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Grand Rapids
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd049503
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0130882
IRS990/TotalAssetsEOYAmt0176828
IRS990/TotalAssetsGrp/BOYAmt0130882
IRS990/TotalAssetsGrp/EOYAmt0176828
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0288948
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016424
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0209246
IRS990/TotalFunctionalExpensesGrp/TotalAmt0225670
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt030188
IRS990/TotalLiabilitiesEOYAmt03999
IRS990/TotalLiabilitiesGrp/BOYAmt030188
IRS990/TotalLiabilitiesGrp/EOYAmt03999
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0100694
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0172829
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt021352
IRS990/TotalProgramServiceExpensesAmt0209247
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt08278
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0297226
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0130882
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0176828
IRS990/TotReportableCompRltdOrgAmt0481655
IRS990/TravelGrp/ManagementAndGeneralAmt01869
IRS990/TravelGrp/TotalAmt01869
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt037 Ottawa Ave NW Suite 200
IRS990/USAddress/CityNm0Grand Rapids
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd049503
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0www.michigancapitalnetwork.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MEAGAN MALM

Document Assets

No mirrored PDF or thumbnail assets are attached yet.