Civic Intelligence

National Gift Annuity Foundation

990 • Fiscal year 2012 • EIN 94-2833444

Jul 01, 2011 to Jun 30, 2012 • Filed on Nov 09, 2012

101 N Main St No 10048104
Siviq Scores

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Balance Sheet

Assets

Flat

$16,621,052

Flat from 2012

Net Assets

Flat

$7,494,390

Flat from 2012

Liabilities

Flat

$9,126,662

Flat from 2012

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$724,558

Flat from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2011: $15,032,420Liabilities 2011: $3,995,780Net Assets 2011: $11,036,6402011Assets 2012: $16,621,052Liabilities 2012: $9,126,662Net Assets 2012: $7,494,3902012Assets 2012: $16,621,052Liabilities 2012: $9,126,662Net Assets 2012: $7,494,3902012Assets 2013: $21,583,313Liabilities 2013: $13,974,396Net Assets 2013: $7,608,9172013Assets 2014: $38,237,952Liabilities 2014: $20,861,431Net Assets 2014: $17,376,5212014Assets 2015: $86,022,005Liabilities 2015: $69,106,644Net Assets 2015: $16,915,3612015Assets 2016: $33,237,031Liabilities 2016: $18,097,663Net Assets 2016: $15,139,3682016Assets 2017: $30,985,926Liabilities 2017: $17,109,787Net Assets 2017: $13,876,1392017Assets 2018: $18,000,944Liabilities 2018: $14,839,632Net Assets 2018: $3,161,3122018Assets 2019: $22,743,930Liabilities 2019: $18,029,747Net Assets 2019: $4,714,1842019Assets 2020: $29,236,901Liabilities 2020: $22,703,634Net Assets 2020: $6,533,2672020Assets 2021: $39,946,269Liabilities 2021: $27,999,995Net Assets 2021: $11,946,2742021Assets 2022: $34,434,947Liabilities 2022: $29,676,540Net Assets 2022: $4,758,4072022Assets 2023: $54,889,562Liabilities 2023: $39,470,763Net Assets 2023: $15,418,7992023Assets 2024: $62,163,267Liabilities 2024: $43,304,500Net Assets 2024: $18,858,7672024

Highlighted filing

2012

Assets$16,621,052
Liabilities$9,126,662
Net Assets$7,494,390

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $2,898,570Expenses 2011: $1,824,902Net Income 2011: $1,073,6682011Expenses 2012: $724,5582012Revenue 2012: $148,394Expenses 2012: $724,558Net Income 2012: -$576,1642012Expenses 2013: $656,1352013Revenue 2014: $12,858,995Expenses 2014: $1,227,495Net Income 2014: $11,631,5002014Revenue 2015: $2,160,648Expenses 2015: $1,544,025Net Income 2015: $616,6232015Revenue 2016: $1,200,058Expenses 2016: $1,981,269Net Income 2016: -$781,2112016Revenue 2017: $1,819,675Expenses 2017: $3,289,444Net Income 2017: -$1,469,7692017Revenue 2018: $2,254,409Expenses 2018: $3,007,966Net Income 2018: -$753,5572018Revenue 2019: $2,284,801Expenses 2019: $2,841,286Net Income 2019: -$556,4852019Revenue 2020: $3,711,319Expenses 2020: $2,466,544Net Income 2020: $1,244,7752020Revenue 2021: $10,665,951Expenses 2021: $346,573Net Income 2021: $10,319,3782021Revenue 2022: $4,912,030Expenses 2022: $482,178Net Income 2022: $4,429,8522022Revenue 2023: $20,996,896Expenses 2023: $715,926Net Income 2023: $20,280,9702023Revenue 2024: $19,649,428Expenses 2024: $2,121,935Net Income 2024: $17,527,4932024

Highlighted filing

2012

Revenue-
Expenses$724,558
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Nov 9, 2012
Return Version
2011v1.2
Gross Receipts
$2,492,133
Mission and Program Overview

Mission

The comerica legacy foundation is organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of the comerica charitable trust. The organization furthers the charitable purposes and operations of the trust by making grants and distributions which benefit or carry out the charitable purposes and goals of the trust to organizations which are tax-exempt and classified as public charities.

Filing and Contact Details

Filer

EIN
94-2833444
Raw XML AppendixShowing 400 of 501 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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IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation0ASC GUIDANCE REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS AND APPLIES TO ALL INCOME TAX POSITIONS. EACH INCOME TAX POSITION IS ASSESSED USING A TWO STEP PROCESS. A DETERMINATION IS FIRST MADE AS TO WHETHER IT IS MORE LIKELY THAN NOT THAT THE INCOME TAX POSITION WILL BE SUSTAINED, BASED UPON TECHNICAL MERITS, UPON EXAMINATION BY THE TAXING AUTHORITIES. IF THE INCOME TAX POSITION IS EXPECTED TO MEET THE MORE LIKELY THAN NOT CRITERIA, THE BENEFIT RECORDED IN THE FINANCIAL STATEMENTS EQUALS THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY TO BE REALIZED UPON ITS ULTIMATE SETTLEMENT. AT JUNE 30, 2012 AND 2011, THERE WERE NO UNCERTAIN TAX POSITIONS THAT REQUIRED ACCRUAL.
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IRS990ScheduleI/RecipientTable/PurposeOfGrant2EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
IRS990ScheduleI/RecipientTable/PurposeOfGrant3EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
IRS990ScheduleI/RecipientTable/PurposeOfGrant4EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
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IRS990ScheduleI/RecipientTable/PurposeOfGrant12EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
IRS990ScheduleI/RecipientTable/PurposeOfGrant13EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
IRS990ScheduleI/RecipientTable/PurposeOfGrant14EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
IRS990ScheduleI/RecipientTable/PurposeOfGrant15EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
IRS990ScheduleI/RecipientTable/PurposeOfGrant16EXEMPT STATUS OF PROSPECTIVE GRANT RECIPIENT IS VERIFIED BEFORE GRANTS ARE APPROVED.
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IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine13FRIENDS OF HILDENE
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IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine15THE RICHARD TUCKER MUSIC FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine16MARYMOUNT MANHATTAN COLLEGE
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine17CHURCH OF THE HEAVENLY REST
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IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine116EMERALD NECKLACE CONSERVANCY
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine117CENTER FOR WHOLE COMMUNITIES
IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine118ST LAWRENCE UNIVERISTY
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IRS990ScheduleO/GeneralExplanation/Explanation0THE 990 IS SENT TO THE OFFICERS OF THE ORGANIZATON FOR REVIEW BEFORE BEING FILED.
IRS990ScheduleO/GeneralExplanation/Explanation1THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAIALABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation2NET UNREALIZED LOSSES ON INVESTMENTS: -213,122. PRIOR PERIOD ADJUSTMENTS: -2,752,964. TOTAL TO FORM 990, PART XI, LINE 5: -2,966,086.
IRS990ScheduleO/GeneralExplanation/Explanation3THE ACCOUNTING METHOD WAS CHANGED TO ACCRUAL FROM CASH USED IN THE PRIOR YEAR IN ORDER TO AGREE TO AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/GeneralExplanation/Explanation4THERE WERE NO CHANGES IN THE OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Identifier0CHANGES IN NET ASSETS OR FUND BALANCES:
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART XI, LINE 5:
IRS990ScheduleO/GeneralExplanation/ReturnReference3PART XII, LINE 1
IRS990ScheduleO/GeneralExplanation/ReturnReference4PART XII, LINE 2C
IRS990/ScheduleORequired01
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine10101 N MAIN ST
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/City0ANN ARBOR
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/State0MI
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/ZIPCode048104
IRS990ScheduleR/Form990ScheduleRPartII/ControlledOrg00
IRS990ScheduleR/Form990ScheduleRPartII/EIN0651259308
IRS990ScheduleR/Form990ScheduleRPartII/ExemptCodeSection0501(C)(3)
IRS990ScheduleR/Form990ScheduleRPartII/LegalDomicileState0MI
IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine10COMERICA CHARITABLE TRUST
IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities0RECEIVING AND ADMINISTERING FUNDS FOR TAX-EXEMPT ORGANIZATIONS
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0LINE 7
IRS990ScheduleR/GiftGrantOrCapContrFrOtherOrg00
IRS990ScheduleR/GiftGrantOrCapContrToOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesFromOtherOrg00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrg00
IRS990ScheduleR/OtherTransferFromOtherOrg00
IRS990ScheduleR/OtherTransferToOtherOrg00
IRS990ScheduleR/PerformOfServicesByOtherOrgs00
IRS990ScheduleR/PerformOfServicesForOtherOrgs00
IRS990ScheduleR/PurchaseOfAssetsFromOtherOrg00
IRS990ScheduleR/ReceiptOfIntAnnRentsRoyalties00
IRS990ScheduleR/ReimbursementPaidByOtherOrg00
IRS990ScheduleR/ReimbursementPaidToOtherOrg01
IRS990ScheduleR/RentalOfFacilitiesFrOtherOrgs00
IRS990ScheduleR/RentalOfFacilitiesToOtherOrgs00
IRS990ScheduleR/SaleOfAssetsToOtherOrg00
IRS990ScheduleR/SharingOfFacilities00
IRS990ScheduleR/SharingOfPaidEmployees00
IRS990ScheduleR/TransactionsRelatedOrgsTable/AmountInvolved078839
IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination0ACTUAL
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine10COMERICA CHARITABLE TRUST
IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType0O
IRS990/School00
IRS990/SignificantChange00
IRS990/SignificantNewProgramServices00
IRS990/StateLegalDomicile0CA
IRS990/StatesWhereCopyOfReturnIsFiled0AK
IRS990/StatesWhereCopyOfReturnIsFiled1AZ
IRS990/StatesWhereCopyOfReturnIsFiled2CA
IRS990/StatesWhereCopyOfReturnIsFiled3CO
IRS990/StatesWhereCopyOfReturnIsFiled4CT
IRS990/StatesWhereCopyOfReturnIsFiled5DE
IRS990/StatesWhereCopyOfReturnIsFiled6FL
IRS990/StatesWhereCopyOfReturnIsFiled7GA
IRS990/StatesWhereCopyOfReturnIsFiled8ID
IRS990/StatesWhereCopyOfReturnIsFiled9IL
IRS990/StatesWhereCopyOfReturnIsFiled10IN
IRS990/StatesWhereCopyOfReturnIsFiled11IA
IRS990/StatesWhereCopyOfReturnIsFiled12KS
IRS990/StatesWhereCopyOfReturnIsFiled13KY
IRS990/StatesWhereCopyOfReturnIsFiled14LA
IRS990/StatesWhereCopyOfReturnIsFiled15ME
IRS990/StatesWhereCopyOfReturnIsFiled16MA
IRS990/StatesWhereCopyOfReturnIsFiled17MI
IRS990/StatesWhereCopyOfReturnIsFiled18MN
IRS990/StatesWhereCopyOfReturnIsFiled19MS
IRS990/StatesWhereCopyOfReturnIsFiled20MO
IRS990/StatesWhereCopyOfReturnIsFiled21NE
IRS990/StatesWhereCopyOfReturnIsFiled22NV
IRS990/StatesWhereCopyOfReturnIsFiled23NJ
IRS990/StatesWhereCopyOfReturnIsFiled24NM
IRS990/StatesWhereCopyOfReturnIsFiled25NY
IRS990/StatesWhereCopyOfReturnIsFiled26NC

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.2$43.3$18.9$19.6$2.12$17.5
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.9$39.5$15.4$21.0$0.72$20.3
2022Detailed filing. Detailed filing data is available for this year.$34.4$29.7$4.76$4.91$0.48$4.43
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.9$28.0$11.9$10.7$0.35$10.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$29.2$22.7$6.53$3.71$2.47$1.24
2019Summary only. Only limited summary data is available for this year.$22.7$18.0$4.71$2.28$2.84$0.56
2018Summary only. Only limited summary data is available for this year.$18.0$14.8$3.16$2.25$3.01$0.75
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.0$17.1$13.9$1.82$3.29$1.47
2016Detailed filing. Detailed filing data is available for this year.$33.2$18.1$15.1$1.20$1.98$0.78
2015Detailed filing. Detailed filing data is available for this year.$86.0$69.1$16.9$2.16$1.54$0.62
2014Summary only. Only limited summary data is available for this year.$38.2$20.9$17.4$12.9$1.23$11.6
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$14.0$7.61$0.66
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.6$9.13$7.49$0.72
2012Summary only. Only limited summary data is available for this year.$16.6$9.13$7.49$0.15$0.72$0.58
2011Summary only. Only limited summary data is available for this year.$15.0$4.00$11.0$2.90$1.82$1.07