Civic Intelligence

The Gainey Foundation

990 • Fiscal year 2017 • EIN 91-2025454

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileNONE
1593 Galbraith Ave SEGrand Rapids, MI 49546

(616) 735-0942

Siviq Scores

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

Liabilities / Assets

26th percentile

0.04x

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

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

Liabilities / Revenue

82nd percentile

1.22x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

12th percentile

-16%

Higher net margin than 12% 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

28th percentile

-1.0%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-83%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$10,020,518

Down $99,659 (-1.0%) from 2016

Net Assets

Down

$9,570,118

Down $58,701 (-0.6%) from 2016

Liabilities

Down

$450,400

Down $40,958 (-8.3%) from 2016

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin12th percentile

Revenue

Down

$368,185

Down $1,801,746 (-83%) from 2016

Expenses

Down

$426,886

Down $147,387 (-26%) from 2016

Net Income

Down

-$58,701

Down $1,654,359 (-104%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth28th percentile

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

$15M$10M$5.0M$0Assets 2010: $10,639,034Liabilities 2010: $2,636,843Net Assets 2010: $8,002,1912010Assets 2011: $10,744,636Liabilities 2011: $2,464,512Net Assets 2011: $8,280,1242011Assets 2012: $10,652,837Liabilities 2012: $1,668,881Net Assets 2012: $8,983,9562012Assets 2013: $11,858,916Liabilities 2013: $3,060,108Net Assets 2013: $8,798,8082013Assets 2014: $11,409,381Liabilities 2014: $2,876,168Net Assets 2014: $8,533,2132014Assets 2015: $10,697,808Liabilities 2015: $2,664,647Net Assets 2015: $8,033,1612015Assets 2016: $10,120,177Liabilities 2016: $491,358Net Assets 2016: $9,628,8192016Assets 2017: $10,020,518Liabilities 2017: $450,400Net Assets 2017: $9,570,1182017Assets 2018: $9,875,627Liabilities 2018: $406,294Net Assets 2018: $9,469,3332018Assets 2019: $9,734,029Liabilities 2019: $364,800Net Assets 2019: $9,369,2292019Assets 2020: $14,502,991Liabilities 2020: $482Net Assets 2020: $14,502,5092020Assets 2021: $14,428,350Liabilities 2021: $4,507Net Assets 2021: $14,423,8432021Assets 2022: $14,245,506Liabilities 2022: $0Net Assets 2022: $14,245,5062022Assets 2023: $14,027,053Liabilities 2023: $0Net Assets 2023: $14,027,0532023Assets 2024: $14,536,786Liabilities 2024: $0Net Assets 2024: $14,536,7862024

Highlighted filing

2017

Assets$10,020,518
Liabilities$450,400
Net Assets$9,570,118
Open 2017 Filing

Operations Trend

Revenue Growth1st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $508,8612010Expenses 2011: $541,8052011Expenses 2012: $757,0642012Revenue 2013: $310,092Expenses 2013: $495,240Net Income 2013: -$185,1482013Revenue 2014: $290,550Expenses 2014: $556,145Net Income 2014: -$265,5952014Revenue 2015: $46,898Expenses 2015: $546,950Net Income 2015: -$500,0522015Revenue 2016: $2,169,931Expenses 2016: $574,273Net Income 2016: $1,595,6582016Revenue 2017: $368,185Expenses 2017: $426,886Net Income 2017: -$58,7012017Revenue 2018: $360,709Expenses 2018: $461,494Net Income 2018: -$100,7852018Revenue 2019: $352,199Expenses 2019: $452,303Net Income 2019: -$100,1042019Revenue 2020: $5,585,232Expenses 2020: $451,952Net Income 2020: $5,133,2802020Revenue 2021: $316,866Expenses 2021: $395,532Net Income 2021: -$78,6662021Revenue 2022: $215,066Expenses 2022: $393,403Net Income 2022: -$178,3372022Revenue 2023: $113,685Expenses 2023: $382,997Net Income 2023: -$269,3122023Revenue 2024: $117,950Expenses 2024: $441,655Net Income 2024: -$323,7052024

Highlighted filing

2017

Revenue$368,185
Expenses$426,886
Net Income-$58,701
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$368,185
Mission and Program Overview

Mission

The purpose for which the corporation is organized are exclusively to receive and administer a fund or funds or real or personal property, or both, exclusively for charitable, religious, scientific, literary, or educational purposes. The primary tax exempt purpose is the support of christian athletes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$9,628,819$9,570,118▼ $58,701
Land, Buildings, and Equipment, Net$9,307,485$9,150,807▼ $156,678
Receivable From Disqualified Prsn$500,000$500,000→ $0
Cash and Non-Interest-Bearing Accounts$275,612$332,628▲ $57,016
Total Assets$10,120,177$10,020,518▼ $99,659
Other Assets Total$37,080$37,083▲ $3
Liabilities
Mortgage Notes Payable Secured by Investment Property$491,358$450,128▼ $41,230
Other Liabilities-$272-
Total Liabilities$491,358$450,400▼ $40,958
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,628,819$9,570,118▼ $58,701
Total Liabilities and Net Assets / Fund Balance$10,120,177$10,020,518▼ $99,659

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,580,164$1,917,042$6,497,206
Land$4,454,777-$4,454,777
Other Land Buildings$114,232$424,810$539,042
Equipment$1,634$342,819$344,453
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Angela JordanTrustee
Annie GaineyTrustee
Carl OosterhouseTrustee
Harvey N Gainey SrTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$335,225
Program Service Revenue
$0
Investment Income
$827
Other Revenue
$32,133
All Other Contributions
$335,225
Change in Net Assets
$-58,701
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$380,452
Salaries, Compensation, and Employee Benefits$46,434
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$220,428--$220,428
Other Salaries and Wages$41,360--$41,360
Insurance$23,499--$23,499
Interest$22,738--$22,738
All Other Expenses$17,047--$17,047
Other Expenses$7,730--$7,730
Payroll Taxes$5,074--$5,074
Fees for Services Accounting-$4,290-$4,290
Fees for Services Other-$2,647-$2,647
Total Functional Expenses$419,949$6,937$0$426,886
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$500,000$500,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$272
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Article 2.1 classification - the classification of memberships in the corporation shall include a) full members and b) associate members. Article 2.2 admission, powers, privileges - the board of directors shall designate the initial members of the corporation and their status as either full members or associate members. Thereafter, additional members may be admitted, and their status as full or associate members shall be determined, only by the unanimous vote of the then existing full members or by the express provisions of the bylaws.”

Form 990, Page 6, Part VI, Line 7B

“Article 2.4 resignation or termination - membership status may be revoked at any time, for any reason or for no reason, with or without cause, by majority vote of the then existing full members. Membership shall terminate upon the death, dissolution, or resignation of a member.”

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
The Gainey Foundation
EIN
91-2025454
Phone
6167350942
Address
1593 GALBRAITH AVE SE, GRAND RAPIDS, MI 49546

Signing Officer

Name
Harvey N Gainey Sr
Title
Trustee
Phone
6164016648
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Harvey N Gainey Sr
Formed
1999
Legal Domicile
Mi
Voting Board Members
4
Independent Board Members
1
Employees
3

Preparer

Firm
John S Huizinga CPA
Address
10924 8TH AVE NW, GRAND RAPIDS, MI 49534-6749
Preparer
John S Huizinga CPA
Phone
6167350942
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The purpose for which the corporation is organized are exclusively to receive and administer a fund or funds or real or personal property, or both, exclusively for charitable, religious, scientific, literary, or educational purposes. The primary tax exempt purpose is the support of christian athletes.”

Raw XML Appendix380 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/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED ARE EXCLUSIVELY TO RECEIVE AND ADMINISTER A FUND OR FUNDS OR REAL OR PERSONAL PROPERTY, OR BOTH, EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES. THE PRIMARY TAX EXEMPT PURPOSE IS THE SUPPORT OF CHRISTIAN ATHLETES.
IRS990/AllOtherContributionsAmt0335225
IRS990/AllOtherExpensesGrp/ProgramServicesAmt017047
IRS990/AllOtherExpensesGrp/TotalAmt017047
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN S HUIZINGA CPA
IRS990/BooksInCareOfDetail/PhoneNum06167350942
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010924 8TH AVE NW
IRS990/BooksInCareOfDetail/USAddress/CityNm0GRAND RAPIDS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049534
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0275612
IRS990/CashNonInterestBearingGrp/EOYAmt0332628
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0335225
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0827
IRS990/CYOtherExpensesAmt0380452
IRS990/CYOtherRevenueAmt032133
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-58701
IRS990/CYSalariesCompEmpBnftPaidAmt046434
IRS990/CYTotalExpensesAmt0426886
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0368185
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0220428
IRS990/DepreciationDepletionGrp/TotalAmt0220428
IRS990/Desc0THE FOUNDATION OPERATED AND FINANCED A CHRISTIAN CAMP THAT SPONSORED SCHOLASTIC, SPIRITUAL, AND ATHLETIC ACTIVITIES FOR 510 YOUTHS AGE 12- 22.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0419949
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04290
IRS990/FeesForServicesAccountingGrp/TotalAmt04290
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02647
IRS990/FeesForServicesOtherGrp/TotalAmt02647
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt09.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0HARVEY N GAINEY SR
IRS990/Form990PartVIISectionAGrp/PersonNm1ANNIE GAINEY
IRS990/Form990PartVIISectionAGrp/PersonNm2CARL OOSTERHOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm3ANGELA JORDAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0368185
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt023499
IRS990/InsuranceGrp/TotalAmt023499
IRS990/InterestGrp/ProgramServicesAmt022738
IRS990/InterestGrp/TotalAmt022738
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0827
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0827
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02684671
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09307485
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09150807
IRS990/LandBldgEquipCostOrOtherBssAmt011835478
IRS990/LegalDomicileStateCd0MI
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED ARE EXCLUSIVELY TO RECEIVE AND ADMINISTER A FUND OR FUNDS OR REAL OR PERSONAL PROPERTY, OR BOTH, EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES. THE PRIMARY TAX EXEMPT PURPOSE IS THE SUPPORT OF CHRISTIAN ATHLETES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0491358
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0450128
IRS990/NetAssetsOrFundBalancesBOYAmt09628819
IRS990/NetAssetsOrFundBalancesEOYAmt09570118
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt037080
IRS990/OtherAssetsTotalGrp/EOYAmt037083
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1GROCERIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ProgramServicesAmt041911
IRS990/OtherExpensesGrp/ProgramServicesAmt121335
IRS990/OtherExpensesGrp/ProgramServicesAmt218827
IRS990/OtherExpensesGrp/ProgramServicesAmt37730
IRS990/OtherExpensesGrp/TotalAmt041911
IRS990/OtherExpensesGrp/TotalAmt121335
IRS990/OtherExpensesGrp/TotalAmt218827
IRS990/OtherExpensesGrp/TotalAmt37730
IRS990/OtherLiabilitiesGrp/EOYAmt0272
IRS990/OtherRevenueMiscGrp/Desc0LAND LEASE
IRS990/OtherRevenueMiscGrp/Desc1EQUIPMENT SALE
IRS990/OtherRevenueMiscGrp/ExclusionAmt031933
IRS990/OtherRevenueMiscGrp/ExclusionAmt1200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt031933
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1200
IRS990/OtherRevenueTotalAmt032133
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041360
IRS990/OtherSalariesAndWagesGrp/TotalAmt041360
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05074
IRS990/PayrollTaxesGrp/TotalAmt05074
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0HARVEY N GAINEY SR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0277100
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01888734
IRS990/PYOtherExpensesAmt0518218
IRS990/PYOtherRevenueAmt04097
IRS990/PYRevenuesLessExpensesAmt01595658
IRS990/PYSalariesCompEmpBnftPaidAmt056055
IRS990/PYTotalExpensesAmt0574273
IRS990/PYTotalRevenueAmt02169931
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt0500000
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt0500000
IRS990/ReconcilationRevenueExpnssAmt0-58701
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt09628819
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt09570118
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0LIBERTY UNIVERSITY 54-0946734 7 52,494 0 POTTERS HOUSE 38-2372676 7 52,494 0 RESLIFE CHURCH 23-7025391 7 52,491 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART I, LINE 11H
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt08
IRS990ScheduleA/SupportedOrganizationsTotalCnt08
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0381398824
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1350885591
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2381359569
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3582624570
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4381366937
IRS990ScheduleA/SupportedOrgInformationGrp/EIN5540946734
IRS990ScheduleA/SupportedOrgInformationGrp/EIN6382372676
IRS990ScheduleA/SupportedOrgInformationGrp/EIN7237025391
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd3false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd4false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd5false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd6false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd7false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd27
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd37
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd47
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd57
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd67
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd77
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt70
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt052494
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt152494
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt252494
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt352494
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt452494
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt552494
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt652494
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt752491
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CALVIN COLLEGE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1INDIANA WESLEYAN UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2SPRING ARBOR UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3SHORTER UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4NELAND AVE CHRISTIAN REFORMED CHURCH
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5LIBERTY UNIVERSITY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6POTTERS HOUSE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7RESLIFE CHURCH
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0419949
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04580164
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01917042
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06497206
IRS990ScheduleD/EquipmentGrp/BookValueAmt01634
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0342819
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0344453
IRS990ScheduleD/LandGrp/BookValueAmt04454777
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04454777
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0114232
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0424810
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0539042
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0272
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09150807
IRS990ScheduleD/TotalLiabilityAmt0272
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0500000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PROCEEDS FROM LAND SALE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0500000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NOTE RECEIVABLE - GREH LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0FAMILY MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0500000
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED ARE EXCLUSIVELY TO RECEIVE AND ADMINISTER A FUND OR FUNDS OR REAL OR PERSONAL PROPERTY, OR BOTH, EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES. THE PRIMARY TAX EXEMPT PURPOSE IS THE SUPPORT OF CHRISTIAN ATHLETES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ARTICLE 2.1 CLASSIFICATION - THE CLASSIFICATION OF MEMBERSHIPS IN THE CORPORATION SHALL INCLUDE A) FULL MEMBERS AND B) ASSOCIATE MEMBERS. ARTICLE 2.2 ADMISSION, POWERS, PRIVILEGES - THE BOARD OF DIRECTORS SHALL DESIGNATE THE INITIAL MEMBERS OF THE CORPORATION AND THEIR STATUS AS EITHER FULL MEMBERS OR ASSOCIATE MEMBERS. THEREAFTER, ADDITIONAL MEMBERS MAY BE ADMITTED, AND THEIR STATUS AS FULL OR ASSOCIATE MEMBERS SHALL BE DETERMINED, ONLY BY THE UNANIMOUS VOTE OF THE THEN EXISTING FULL MEMBERS OR BY THE EXPRESS PROVISIONS OF THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTICLE 2.4 RESIGNATION OR TERMINATION - MEMBERSHIP STATUS MAY BE REVOKED AT ANY TIME, FOR ANY REASON OR FOR NO REASON, WITH OR WITHOUT CAUSE, BY MAJORITY VOTE OF THE THEN EXISTING FULL MEMBERS. MEMBERSHIP SHALL TERMINATE UPON THE DEATH, DISSOLUTION, OR RESIGNATION OF A MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt010120177
IRS990/TotalAssetsEOYAmt010020518
IRS990/TotalAssetsGrp/BOYAmt010120177
IRS990/TotalAssetsGrp/EOYAmt010020518
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0335225
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06937
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0419949
IRS990/TotalFunctionalExpensesGrp/TotalAmt0426886
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0491358
IRS990/TotalLiabilitiesEOYAmt0450400
IRS990/TotalLiabilitiesGrp/BOYAmt0491358
IRS990/TotalLiabilitiesGrp/EOYAmt0450400
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09628819
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09570118
IRS990/TotalProgramServiceExpensesAmt0419949
IRS990/TotalRevenueGrp/ExclusionAmt032133
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0827
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0368185
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010120177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010020518
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0HARVEY N GAINEY SR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06164016648
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GAINEY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GAIN
ReturnHeader/Filer/EIN0912025454
ReturnHeader/Filer/PhoneNum06167350942
ReturnHeader/Filer/USAddress/AddressLine1Txt01593 GALBRAITH AVE SE
ReturnHeader/Filer/USAddress/CityNm0GRAND RAPIDS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd049546
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EAEF60479818725E5025E18C1E66B65AF0C8A52B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DBEADA8E4E9D2995A816ADE270059363E00FB124
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm014:54:07
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0383571865
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHN S HUIZINGA CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010924 8TH AVE NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRAND RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0495346749
ReturnHeader/PreparerPersonGrp/PhoneNum06167350942
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN S HUIZINGA CPA
ReturnHeader/ReturnTs02018-11-14T15:54:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
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
$10,020,518
Liabilities
$450,400
Net assets
$9,570,118
Revenue
$368,185
Expenses
$426,886
Net income
-$58,701
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.00$14.5$0.12$0.44$0.32
2023Summary only. Only limited summary data is available for this year.$14.0$0.00$14.0$0.11$0.38$0.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$0.00$14.2$0.22$0.39$0.18
2021Summary only. Only limited summary data is available for this year.$14.4$0.00$14.4$0.32$0.40$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.5$0.00$14.5$5.59$0.45$5.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.73$0.36$9.37$0.35$0.45$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.88$0.41$9.47$0.36$0.46$0.10
2017Detailed filing. Detailed filing data is available for this year.$10.0$0.45$9.57$0.37$0.43$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.49$9.63$2.17$0.57$1.60
2015Detailed filing. Detailed filing data is available for this year.$10.7$2.66$8.03$0.05$0.55$0.50
2014Detailed filing. Detailed filing data is available for this year.$11.4$2.88$8.53$0.29$0.56$0.27
2013Summary only. Only limited summary data is available for this year.$11.9$3.06$8.80$0.31$0.50$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$1.67$8.98$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.7$2.46$8.28$0.54
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$2.64$8.00$0.51