Michigan 4-H Foundation
- Assets
- $11.8m
- Revenue
- $218.2k
- Investments
- $19.6k
- Employees
- 1
- Location
- East Lansing, MI
- Founding
- 02/1957
- Data as of
- 06/2022
- EIN
- 38-1539997
Organization Overview
Michigan 4-H Foundation is located in East Lansing, MI. The organization was established in 1957. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michigan 4-H Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Michigan 4-H Foundation generated $218.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (27.8%) each year. All expenses for the organization totaled $537.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (20.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACQUIRE, MANAGE AND DISTRIBUTE SUPPORT FOR THE MISSION AND VISION OF MICHIGAN 4-H YOUTH DEVELOPMENT.
Describe the Organization's Program Activity:
CAMP AND PROGRAM FACILITIES: PROVIDE 4-H LEADERSHIP TRAINING AND OTHER EDUCATIONAL ACTIVITIES FOR YOUTH AND ADULTS. DUE TO THE COVID-19 PANDEMIC AND DISTANCE RESTRICTIONS, NO PROGRAMMING EVENTS TOOK PLACE AT THE FACILITY. THE FACILITIES WERE SOLD IN THE FISCAL YEAR.
MICHIGAN 4-H CHILDREN'S GARDEN: PROVIDES HANDS-ON EDUCATIONAL EXPERIENCES FROM OCTOBER TO MID-MARCH AND OTHER LEARNING EXPERIENCES DURING THE SUMMER MONTHS. DURING THE FISCAL YEAR, YOUTH AND ADULTS PARTICIPATED THROUGH VIRTUAL PROGRAMMING DUE TO THE COVID-19 PANDEMIC. THESE VIRTUAL PROGRAMS SERVED 700 STUDENTS THROUGH 40 CLASSROOMS AND AN ADDITIONAL 10 CLASSROOMS THROUGH ON-LINE VIDEOS.
TRAINING WORKSHOPS: YOUTH AND VOLUNTEER DEVELOPMENT PROGRAMS. DURING THE FISCAL YEAR, ALL PROGRAMS WERE DONE VIRTUALLY DUE TO THE COVID-19 PANDEMIC. THERE WERE A TOTAL OF 2,271 YOUTH AND 77 ADULTS WHO PARTICIPATED IN A VARIETY OF STATEWIDE VIRTUAL LEARNING EXPERIENCES FOR A TOTAL OF 2,019 HOURS.
PROGRAMS DESIGNED TO EDUCATE AND DEVELOP YOUTH ENGAGED IN 4-H PROGRAMS IN MICHIGAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Humphrey Treasurer | OfficerTrustee | 1 | $0 |
Sheila W Kneeshaw President | OfficerTrustee | 1 | $0 |
Thomas L Bosserd Vice Preside | OfficerTrustee | 1 | $0 |
Jacob Dedecker Secretary | OfficerTrustee | 1 | $0 |
Sheila M Burkhardt Trustee | Trustee | 1 | $0 |
Bruce Sutherland Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $468,245 |
| Noncash contributions included in lines 1a–1f | $142,425 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $468,245 |
| Total Program Service Revenue | $7,059 |
| Investment income | $139,866 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $133,333 |
| Net Gain/Loss on Asset Sales | -$559,420 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $218,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $259,633 |
| Grants and other assistance to domestic individuals. | $34,148 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,070 |
| Pension plan accruals and contributions | -$13,631 |
| Other employee benefits | $2,289 |
| Payroll taxes | $923 |
| Fees for services: Management | $1,050 |
| Fees for services: Legal | $14,368 |
| Fees for services: Accounting | $33,099 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $47,918 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,826 |
| Office expenses | $25,661 |
| Information technology | $2,850 |
| Royalties | $0 |
| Occupancy | $43,625 |
| Travel | $1,273 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $16,865 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,867 |
| Insurance | $16,202 |
| All other expenses | $0 |
| Total functional expenses | $537,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,179 |
| Savings and temporary cash investments | $523,295 |
| Pledges and grants receivable | $116,348 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,793 |
| Prepaid expenses and deferred charges | $1,512 |
| Net Land, buildings, and equipment | $56,244 |
| Investments—publicly traded securities | $10,832,505 |
| Investments—other securities | $19,589 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $142,425 |
| Total assets | $11,753,890 |
| Accounts payable and accrued expenses | $8,300 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $668,291 |
| Total liabilities | $676,591 |
| Net assets without donor restrictions | $1,974,632 |
| Net assets with donor restrictions | $9,102,667 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,753,890 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Michigan 4-H Foundation has recieved totaling $146,866.
| Awarding Organization | Amount |
|---|---|
National 4-H Council Chevy Chase, MD PURPOSE: EDUCATIONAL | $127,085 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: HUNTER EDUCATION PROGRAMS FOR CHILDREN AND YOUTH | $11,699 |
Fremont Area Community Foundation Fremont, MI PURPOSE: 4-H Educational Workshops, Events, and Activities for 4-H Youth/Adults | $7,780 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $252 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $50 |
Endowment Analysis
| Beg. Balance | $10,405,561 |
| Earnings | -$1,554,564 |
| Admin Expense | $68,694 |
| Net Contributions | $867,553 |
| Other Expense | $27,720 |
| Grants | $182,098 |
| Ending Balance | $9,440,038 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Ffa Foundation Inc Indianapolis, IN | $38,626,743 | $19,100,254 |
Future Farmers Of America State Associations & Local Chapter Indianapolis, IN | $26,115,765 | $17,713,634 |
Elkhart County 4-H & Agricultural Exposition Inc Goshen, IN | $7,107,983 | $3,990,918 |
Porter County Agricultural Society Inc Valparaiso, IN | $2,525,622 | $2,666,115 |
Racine County Agricultural Society Inc Union Grove, WI | $3,072,798 | $1,782,527 |
Future Farmers Of America Columbus, OH | $881,523 | $1,107,398 |
The Indiana Ffa Foundation Inc Trafalgar, IN | $2,341,467 | $1,490,972 |
Trustees Of Purdue University Lebanon, IN | $4,869,767 | $1,092,571 |
Indiana 4-H Foundation West Lafayette, IN | $5,073,273 | $1,066,480 |
Trustees Of Purdue University Danville, IN | $1,448,755 | $912,967 |
Agricultural Extension Camps Inc Saint Louisville, OH | $386,671 | $828,651 |
Wisconsin 4-H Foundation Inc Madison, WI | $5,255,333 | $529,277 |