Civic Intelligence

Woldumar Endownment Charitable Tr

EIN 91-6542498 • 501(c)3 • East Lansing, MI

Profile

Financial support for Woldumar Nature Center. WNA is a 501(c)(3) nature education center in Lansing, MI.

15834 Culver DriveEast Lansing, MI 48823
Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

46th percentile

2.6%

Higher net margin than 46% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

61st percentile

8.0%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

100th percentile

12343%

Faster revenue growth than 100% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$883,142

Up $65,166 (+8.0%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$883,142

Up $65,166 (+8.0%) from 2023

Revenue

Up

$43,552

Up $43,202 (+12343%) from 2023

Expenses

Up

$42,400

Up $42,400 from 2023

Net Income

Up

$1,152

Up $802 (+229%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $367,504Liabilities 2011: $02011Assets 2012: $402,625Liabilities 2012: $02012Assets 2013: $544,295Liabilities 2013: $0Net Assets 2013: $544,2952013Assets 2014: $551,083Liabilities 2014: $0Net Assets 2014: $551,0832014Assets 2015: $528,108Liabilities 2015: $0Net Assets 2015: $528,1072015Assets 2016: $578,833Liabilities 2016: $0Net Assets 2016: $578,8332016Assets 2017: $654,852Liabilities 2017: $0Net Assets 2017: $654,8522017Assets 2018: $578,243Liabilities 2018: $0Net Assets 2018: $578,2432018Assets 2019: $716,216Liabilities 2019: $0Net Assets 2019: $716,2162019Assets 2020: $783,456Liabilities 2020: $0Net Assets 2020: $783,4562020Assets 2021: $875,824Liabilities 2021: $0Net Assets 2021: $875,8242021Assets 2022: $690,235Liabilities 2022: $0Net Assets 2022: $690,2352022Assets 2023: $817,976Liabilities 2023: $0Net Assets 2023: $817,9762023Assets 2024: $883,142Liabilities 2024: $0Net Assets 2024: $883,1422024

Highlighted filing

2024

Assets$883,142
Liabilities$0
Net Assets$883,142

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $59,202Expenses 2011: $18,000Net Income 2011: $41,2022011Revenue 2012: $37,221Expenses 2012: $2,100Net Income 2012: $35,1212012Revenue 2013: $22,320Expenses 2013: $22,300Net Income 2013: $202013Revenue 2014: $19,571Expenses 2014: $27,000Net Income 2014: -$7,4292014Revenue 2015: $19,623Expenses 2015: $27,600Net Income 2015: -$7,9772015Revenue 2016: $20,080Expenses 2016: $0Net Income 2016: $20,0802016Revenue 2017: $41,399Expenses 2017: $28,900Net Income 2017: $12,4992017Revenue 2018: $28,900Expenses 2018: $32,700Net Income 2018: -$3,8002018Revenue 2019: $25,060Expenses 2019: $0Net Income 2019: $25,0602019Revenue 2020: $102,840Expenses 2020: $35,600Net Income 2020: $67,2402020Revenue 2021: $47,534Expenses 2021: $39,000Net Income 2021: $8,5342021Revenue 2022: $42,645Expenses 2022: $43,843Net Income 2022: -$1,1982022Revenue 2023: $350Expenses 2023: $0Net Income 2023: $3502023Revenue 2024: $43,552Expenses 2024: $42,400Net Income 2024: $1,1522024

Highlighted filing

2024

Revenue$43,552
Expenses$42,400
Net Income$1,152

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.83$0.00$8.83$0.44$0.42$0.01
2023Summary only. Only limited summary data is available for this year.$8.18$0.00$8.18$0.00$0.00$0.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.90$0.00$6.90$0.43$0.44$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.76$0.00$8.76$0.48$0.39$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.83$0.00$7.83$1.03$0.36$0.67
2019Summary only. Only limited summary data is available for this year.$7.16$0.00$7.16$0.25$0.00$0.25
2018Summary only. Only limited summary data is available for this year.$5.78$0.00$5.78$0.29$0.33$0.04
2017Summary only. Only limited summary data is available for this year.$6.55$0.00$6.55$0.41$0.29$0.12
2016Summary only. Only limited summary data is available for this year.$5.79$0.00$5.79$0.20$0.00$0.20
2015Summary only. Only limited summary data is available for this year.$5.28$0.00$5.28$0.20$0.28$0.08
2014Summary only. Only limited summary data is available for this year.$5.51$0.00$5.51$0.20$0.27$0.07
2013Summary only. Only limited summary data is available for this year.$5.44$0.00$5.44$0.22$0.22$0.00
2012Summary only. Only limited summary data is available for this year.$4.03$0.00$0.37$0.02$0.35
2011Summary only. Only limited summary data is available for this year.$3.68$0.00$0.59$0.18$0.41
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$70,873
Mission and Program Overview

Mission

Financial support for Woldumar Nature Center. WNA is a 501(c)(3) nature education center in Lansing, MI.

Financial support for Wolumar Nature Center. WNA is a 501(c)(3) nature education center in Lansing, MI

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$816,272$879,740▲ $63,468
Cash and Non-Interest-Bearing Accounts$1,704$3,402▲ $1,698
Total Assets$817,976$883,142▲ $65,166
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$449,752$449,752→ $0
Net Assets Without Donor Restrictions$368,224$433,390▲ $65,166
Total Net Assets Fund Balance$817,976$883,142▲ $65,166
Total Liabilities and Net Assets / Fund Balance$817,976$883,142▲ $65,166

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$817,976$0▲ $107,566$0$883,142
2023$690,236$350▲ $127,390$0$817,976
2022$875,824$7,302▼ $149,390$0$690,236
2021$783,456$6,950▲ $124,418$0$875,824
2020$716,215$5,215▲ $97,626$0$783,456
Compensation and Service Providers

Board Members and Trustees

NameTitle
David BakerTrustee
JB McCombsTrustee
Melissa HatfieldTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$43,552
Other Revenue
$0
Change in Net Assets
$1,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,400
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
Payments to Affiliates$42,400--$42,400
Total Functional Expenses$42,400$0$0$42,400
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 8A

We document our major decisions, such as adopting the investment guidelines, but not minor decisions or meeting discussions.

Form 990, Part VI, Section A, Line 8B

There are no committees.

Form 990, Part VI, Section A, Line 9

WECT's mailing address is the home address of trustee JB McCombs. The other trustees are as follows: Melissa Hatfield 11555 E Eaton Hwy Grand Ledge MI;David Baker 6235 Pine Hallow Dr, East Lansing MI

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

Trustee Melissa Hatfield prepares the 990 and emails a copy to each trustee as she efiles the original with the IRS. In addition, a copy is included with our annual report to the board of WNA (which is prepared by trustee JB McCombs).

Form 990, Part VI, Section C, Line 19

The trust agreement by which WECT was formed is on file with the Michigan Attorney General's office and publically available there. By filing the 990 with the AG, the essential elements of WECT's financial condition are made public. WECT does not have a conflict of interest policy. All of its investments are in publically traded securities. WECT's distributions to WNA are calculated bya formula in the trust agreement. WECT pays no compensation or other expenses. Under these circumstances, there seems little or no opportunitu for a conflict of interest to arise.

Filing and Contact Details

Filer

Filer Name
Woldumar Endownment Charitable Tr
EIN
91-6542498
Phone
5172203031
Address
15834 Culver Drive, East Lansing, MI 48823

Signing Officer

Name
Melissa Hatfield
Title
Trustee
Phone
5179802836
Signed
2025-05-15

Organization Details

Principal Officer
JB McCombs
Formed
2001
Legal Domicile
Mi
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

These funds are held to support the Woldumar Nature Center.

Raw XML Appendix375 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
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt015834 Culver Drive
IRS990/BooksInCareOfDetail/USAddress/CityNm0East Lansing
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt035600
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt097626
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.6
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0These funds are held to support the Woldumar Nature Center.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0We document our major decisions, such as adopting the investment guidelines, but not minor decisions or meeting discussions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are no committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WECT's mailing address is the home address of trustee JB McCombs. The other trustees are as follows: Melissa Hatfield 11555 E Eaton Hwy Grand Ledge MI;David Baker 6235 Pine Hallow Dr, East Lansing MI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Trustee Melissa Hatfield prepares the 990 and emails a copy to each trustee as she efiles the original with the IRS. In addition, a copy is included with our annual report to the board of WNA (which is prepared by trustee JB McCombs).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The trust agreement by which WECT was formed is on file with the Michigan Attorney General's office and publically available there. By filing the 990 with the AG, the essential elements of WECT's financial condition are made public. WECT does not have a conflict of interest policy. All of its investments are in publically traded securities. WECT's distributions to WNA are calculated bya formula in the trust agreement. WECT pays no compensation or other expenses. Under these circumstances, there seems little or no opportunitu for a conflict of interest to arise.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Woldumar Nature Associatation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0381804314
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Nature Education
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05739 Old Lansing Road
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Lansing
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd048917
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt042000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0WECT's distributions to WNA are calculated by a formula in the trust agreement.
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Woldumar Nature Associatation
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0817976
IRS990/TotalAssetsEOYAmt0883142
IRS990/TotalAssetsGrp/BOYAmt0817976
IRS990/TotalAssetsGrp/EOYAmt0883142
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt042400
IRS990/TotalFunctionalExpensesGrp/TotalAmt042400
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0817976
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0883142
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt042400
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt043552
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt043552
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0817976
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0883142
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt015834 Culver Drive
IRS990/USAddress/CityNm0East Lansing
IRS990/USAddress/StateAbbreviationCd0MI
IRS990/USAddress/ZIPCd048823
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Melissa Hatfield
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum05179802836
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WOLDUMAR ENDOWNMENT CHARITABLE TR
ReturnHeader/Filer/BusinessNameControlTxt0WOLD
ReturnHeader/Filer/EIN0916542498
ReturnHeader/Filer/PhoneNum05172203031
ReturnHeader/Filer/USAddress/AddressLine1Txt015834 Culver Drive
ReturnHeader/Filer/USAddress/CityNm0East Lansing
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd048823
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-06-17T10:47:48-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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