Civic Intelligence

Oakland County Economic Development and Growth Alliance

990 • Fiscal year 2023 • EIN 88-1664174

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 12, 2024

Organization ProfileWWW.OAKLANDTHRIVE.ORG

View Organization Page

35 W Huron St 201Pontiac, MI 48342

(248) 602-0040

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.03x

Higher debt load relative to assets than 23% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

12th percentile

0.02x

Higher debt load relative to revenue than 12% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

95th percentile

72%

Higher net margin than 95% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

48th percentile

$175,873

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets23rd percentile

Assets

$8,598,556

No earlier filing loaded for comparison.

Net Assets

$8,342,205

No earlier filing loaded for comparison.

Liabilities

$256,351

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue12th percentileNet Margin95th percentile

Revenue

$11,539,251

No earlier filing loaded for comparison.

Expenses

$3,195,142

No earlier filing loaded for comparison.

Net Income

$8,344,109

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.

$10M$5.0M$0Assets 2023: $8,598,556Liabilities 2023: $256,351Net Assets 2023: $8,342,2052023Assets 2024: $7,654,706Liabilities 2024: $226,292Net Assets 2024: $7,428,4142024

Highlighted filing

2023

Assets$8,598,556
Liabilities$256,351
Net Assets$8,342,205
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MRevenue 2023: $11,539,251Expenses 2023: $3,195,142Net Income 2023: $8,344,1092023Revenue 2024: $3,497,438Expenses 2024: $4,411,229Net Income 2024: -$913,7912024

Highlighted filing

2023

Revenue$11,539,251
Expenses$3,195,142
Net Income$8,344,109
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 12, 2024
Return Version
2023v5.1
Gross Receipts
$11,556,071
Mission and Program Overview

Mission

To bridge economic disparities, foster inclusive growth and ensure opportunities by leveraging a network of diverse partners. The organization's goal is a thriving, inclusive economy where every business, big or small, has the tools and support to flourish.

We focus on bridging economic disparities, fostering inclusive growth, and ensuring equitable opportunities by leveraging a network of diverse partners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$6,328,941▲ $6,328,941
Savings and Temporary Cash Investments$0$2,015,948▲ $2,015,948
Pledges and Grants Receivable$0$54,480▲ $54,480
Prepaid Expenses and Deferred Charges$0$5,425▲ $5,425
Total Assets$0$8,598,556▲ $8,598,556
Other Assets Total$0$193,762▲ $193,762
Liabilities
Other Liabilities$0$195,877▲ $195,877
Accounts Payable and Accrued Expenses-$60,474-
Total Liabilities$0$256,351▲ $256,351
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$8,218,258▲ $8,218,258
Net Assets Without Donor Restrictions$0$123,947▲ $123,947
Total Net Assets Fund Balance$0$8,342,205▲ $8,342,205
Total Liabilities and Net Assets / Fund Balance$0$8,598,556▲ $8,598,556
Compensation and Service Providers
Top Officer Pay48th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Victoria SelvaCEOFT$175,460$413$175,873
Laura DoddCOOFT$121,154$6,396$127,550
Gloria LarkinsFractional CFOPT$7,350-$7,350

Board Members and Trustees

NameTitle
Sean CarlsonChairman
Alan KirilukVice Chairman
Grace LeeTrustee
Renee AxtSecretary
Shannon SteeleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Supremo Consulting And Advisory ServicesPresentation To Economic & Infrastructur20953 BIRCHWOOD ST, Farmington, MI 48336$248,400
Ideacorp LLCDevelopment Contract And Hosting Fees1221 BOWERS 634, Birmingham, MI 48012$218,930
Lambert Global LLCContracted It Services12471 N LINDEN ROAD, Clio, MI 48249$117,083
-Professional Services For Programs47 COMMERCE AVE, Grand Rapids, MI 49503$101,406
Revenue and Support

Revenue Composition

Contributions and Grants
$11,535,303
Program Service Revenue
$0
Investment Income
$15,948
Other Revenue
$-12,000
All Other Contributions
$11,499,762
Change in Net Assets
$8,344,109

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,539,251
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,820
Total Revenue per Audited Statements
$11,556,071
Total Revenue per Form 990
$11,539,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,845,117
Other Expenses$1,350,025
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,127,717$177,911-$1,305,628
Fees for Services Other$664,864$6,462-$671,326
Advertising$288,951$48,203-$337,154
Current Officers, Directors, Trustees, and Key Employees$267,265$43,508-$310,773
Office Expenses$156,001$62,336-$218,337
Payroll Taxes$100,862$16,419-$117,281
Other Employee Benefits$95,834$15,601-$111,435
Occupancy$39,503$10,928-$50,431
Fees for Services Legal-$39,348-$39,348
Travel$10,096$6,551-$16,647
Fees for Services Accounting-$7,750-$7,750
Insurance$2,870$4,727-$7,597
Other Expenses$1,435--$1,435
Total Functional Expenses$2,755,398$439,744$0$3,195,142

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,211,962
Expenses per Audited Statements$3,195,142
Total Expenses per Form 990$3,195,142
Expenses Not Reported on Form 990$16,820
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$16,820
Fundraising Gross Income$4,820
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$40,361$4,820$7,640$-2,820
Total Events$40,361$4,820$16,820$-12,000
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Obligation$195,877
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
Yes
Other officer compensation reviewed
Yes
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 coo and the cfo review the 990 and recommend any necessary changes. A copy is then furnished and presented to members of the full board for review. Any recommended changes are made before filing.”

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

“All employees and board members sign a conflict of interest form whereby relationships, if any, are disclosed. These signed statements are filed by the coo.”

Form 990, Part VI, Section B, Line 15

“Recommended compensation is determined after comparing compensation of comparable organizations. Their recommendation is then presented to the full board for approval. All employee salaries are recommended by the ceo and then presented to the full board for approval.”

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
Oakland County Economic Development
EIN
88-1664174
Phone
2486020040
Address
35 W HURON ST 201, PONTIAC, MI 48342
Doing Business As
Oakland Thrive

Signing Officer

Name
Laura Dodd
Title
COO
Phone
2486020040
Signed
2024-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Dodd
Formed
2022
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
31
Volunteers
5

Preparer

Firm
Rehmann Robson LLC
Address
1500 W BIG BEAVER RD 2ND FLR, TROY, MI 48084
Preparer
Laura E Coston CPA
Phone
2489525000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted services: program service expenses 664,864. Management and general expenses 6,462. Fundraising expenses 0. Total expenses 671,326.”

FORM 990, PART XI, LINE 9:

“Beginning of year net deficit -1,904.”

FORM 990, PART XII, LINE 2C:

“The process for selecting and overseeing the independent auditor did not exist in the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a nonprofit organization exempt from income tax under section 501(c)(3) of the internal revenue code and is exempt from similar state and local taxes. Although the organization was granted an income tax exemption by the internal revenue service, such exemption does not apply to "unrelated business income." the organization has been classified as not a private organization. Management considers whether the organization has engaged in activities that jeopardize its current tax-exempt status with the internal revenue service. Furthermore, management determines whether it has any unrelated business income, which may be subject to federal and state income taxes. Management of the organization has evaluated 2023 for uncertain tax positions. Management concluded that there are no significant uncertain tax positions requiring recognition in the organization's financial statements. The organization does not expect the total amount of unrecognized tax benefits ("utb") (e.g. Tax deductions, exclusions, or credits claimed or expected to be claimed) to significantly change in the next twelve months. The organization does not have any amounts accrued for interest and penalties related to utbs at december 31, 2023 and it is not aware of any claims for such amounts by federal or state income tax authorities.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising event direct expenses 16,820.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Fundraising event direct expenses 16,820.”

Raw XML AppendixShowing 400 of 465 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/OtherChangesInNetAssetsAmt0-1904
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015601
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt095834
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0111435
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt01435
IRS990/OtherExpensesGrp/TotalAmt01435
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0195877
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0177911
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01127717
IRS990/OtherSalariesAndWagesGrp/TotalAmt01305628
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016419
IRS990/PayrollTaxesGrp/ProgramServicesAmt0100862
IRS990/PayrollTaxesGrp/TotalAmt0117281
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt054480
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05425
IRS990/PrincipalOfficerNm0LAURA DODD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0BUSINESS GROWTH- THE BUSINESS GROWTH SUPPORT PROGRAM ENCOMPASSES SUPPORT FROM SUCCESSION PLANNING TO GOVERNMENT CONTRACTING TO MATCHING BUYERS AND SUPPLIERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0497904
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01706000
IRS990/ProgSrvcAccomActy3Grp/Desc0COMMUNITY SUPPORT - THE COMMUNITY SUPPORT PROGRAM WORKS TO ENSURE THAT EVERY BUSINESS HAS THE TOOLS AND SUPPORT THEY NEED TO FLOURISH BY PROVIDING OPPORTUNITIES FOR MUNICIPALITIES, LARGE BUSINESSES, FOUNDATIONS, AND ORGANIZATIONAL LEADERS TO BE PART OF OAKLAND COUNTY'S ECONOMIC SUCCESS STORY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0118462
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0230900
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt08344109
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07920000
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02015948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt011535303
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt011535303
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt015948
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt015948
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt040361
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99860
IRS990ScheduleA/PublicSupportTotal170Amt011535303
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt011535303
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt011535303
IRS990ScheduleA/TotalSupportAmt011551251
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/ExpensesNotReportedAmt016820
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03195142
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt016820
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0195877
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE OBLIGATION
IRS990ScheduleD/OtherRevenueAmt016820
IRS990ScheduleD/RevenueNotReportedAmt016820
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt011539251
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM SIMILAR STATE AND LOCAL TAXES. ALTHOUGH THE ORGANIZATION WAS GRANTED AN INCOME TAX EXEMPTION BY THE INTERNAL REVENUE SERVICE, SUCH EXEMPTION DOES NOT APPLY TO "UNRELATED BUSINESS INCOME." THE ORGANIZATION HAS BEEN CLASSIFIED AS NOT A PRIVATE ORGANIZATION. MANAGEMENT CONSIDERS WHETHER THE ORGANIZATION HAS ENGAGED IN ACTIVITIES THAT JEOPARDIZE ITS CURRENT TAX-EXEMPT STATUS WITH THE INTERNAL REVENUE SERVICE. FURTHERMORE, MANAGEMENT DETERMINES WHETHER IT HAS ANY UNRELATED BUSINESS INCOME, WHICH MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES. MANAGEMENT OF THE ORGANIZATION HAS EVALUATED 2023 FOR UNCERTAIN TAX POSITIONS. MANAGEMENT CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS ("UTB") (E.G. TAX DEDUCTIONS, EXCLUSIONS, OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT DECEMBER 31, 2023 AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EVENT DIRECT EXPENSES 16,820.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2FUNDRAISING EVENT DIRECT EXPENSES 16,820.
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/TotalExpensesPerForm990Amt03195142
IRS990ScheduleD/TotalLiabilityAmt0195877
IRS990ScheduleD/TotalRevenuePerForm990Amt011539251
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011556071
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03211962
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0600
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt035541
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt035541
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016820
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt08080
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt08080
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt040361
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040361
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt04820
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt04820
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-12000
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07640
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07640
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0500
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0175460
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt0413
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0VICTORIA SELVA
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0175873
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COO AND THE CFO REVIEW THE 990 AND RECOMMEND ANY NECESSARY CHANGES. A COPY IS THEN FURNISHED AND PRESENTED TO MEMBERS OF THE FULL BOARD FOR REVIEW. ANY RECOMMENDED CHANGES ARE MADE BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL EMPLOYEES AND BOARD MEMBERS SIGN A CONFLICT OF INTEREST FORM WHEREBY RELATIONSHIPS, IF ANY, ARE DISCLOSED. THESE SIGNED STATEMENTS ARE FILED BY THE COO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RECOMMENDED COMPENSATION IS DETERMINED AFTER COMPARING COMPENSATION OF COMPARABLE ORGANIZATIONS. THEIR RECOMMENDATION IS THEN PRESENTED TO THE FULL BOARD FOR APPROVAL. ALL EMPLOYEE SALARIES ARE RECOMMENDED BY THE CEO AND THEN PRESENTED TO THE FULL BOARD FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 664,864. MANAGEMENT AND GENERAL EXPENSES 6,462. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 671,326.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BEGINNING OF YEAR NET DEFICIT -1,904.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE PROCESS FOR SELECTING AND OVERSEEING THE INDEPENDENT AUDITOR DID NOT EXIST IN THE PRIOR YEAR.
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt08598556
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt08598556
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt011535303
IRS990/TotalEmployeeCnt031
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$8,598,556
Liabilities
$256,351
Net assets
$8,342,205
Revenue
$11,539,251
Expenses
$3,195,142
Net income
$8,344,109
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.65$0.23$7.43$3.50$4.41$0.91
2023Detailed filing. Detailed filing data is available for this year.$8.60$0.26$8.34$11.5$3.20$8.34