Huron High School Ptso EIN 38-3365726 Form 990 (PDF) Claim this org

Huron High School Ptso

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Promotes effective teaching for parents, teachers, and students. For fiscal year 2023 it reported $33K in revenue, $27K in expenses, and $43K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Ann Arbor, MI
Filings
3 on file (2021–2023)
Revenue
$33KFY2023
Expenses
$27K
Net assets
$43K
People
6
Filings
3
Updates
0
More identity details & actions ⌄
EIN  38-3365726 Public charity (501(c)(3)) Ann Arbor, MI
Form 990 (PDF)
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Size
<$100K
What they do
Promotes effective teaching for parents, teachers, and students.
Leadership
Margaret Baker · President
Money in and out
$33K revenue, $27K expenses
Bottom line
100% program efficiency
Where the money goes · FY2023
Total revenue
$33K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$43K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $6K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
16.0mo
months of highly liquid reserves at operating expense rate▲ +139% vs prior filing year
Surplus margin
+18%
revenue over expenses, this year▲ +117% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$33K
FY2023▲ +15%
Expenses
$27K
FY2023▼ -55%
Total assets
$38K
FY2023▲ +3%
Total liabilities
$-5K
FY2023
Total revenue
$33K
Pt VIII · Ln 12
Total expenses
$27K
Pt IX · Ln 25
Net assets
$43K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$38K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHuron High School Ptso
EINHdr · item D38-3365726
Principal addressHdr · item CAnn Arbor, MI
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B94)
Ruling yearIRS BMFJun 2012

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Ptoc Represe
$0Pt VII · Sec A
Co-Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $27K of program spending, described in the organization's own filed words · FY2022.
01

Awards funds to staff and students to enhance the educational environment.

$24Kprogram expense
02

Provide funds for special programs and speakers to enhance the educational experience

$2Kprogram expense
03

Provide seniors with graduation banquet and party rewarding study skills approximately 500 students.

$912program expense

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Statement of Revenue

Part VIII
Other revenue$18K · 53%
Contributions & grants$16K · 47%
Other revenue53%$18K
Contributions & grants47%$16K
Investment income$5
Total revenueLn 12$33K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$27K
Total functional expensesLn 25$27K

Balance Sheet

Part X · end of year
CashLn 1$36K
Total assetsLn 16$38K
Total liabilitiesLn 26$-5K
Total net assetsLn 32$43K
Months of cash on handcomputed16.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $36K · Operating expenses/yr $27K
16.0 months
Where the money goes
Program services
Program services $27K · Total expenses $27K
100%
Management & General
Management & general $0 · Total expenses $27K
0%
Fundraising
Fundraising $0 · Total expenses $27K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $11K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $16K · Total revenue $33K
47%
Government reliance
Government grants — · Total revenue $33K
Earned-income share
Program service revenue $0 · Total revenue $33K
0%
Investment reliance
Investment income $5 · Total revenue $33K
+0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $27K
0%
Growth & trend
Revenue growth (YoY)
This year $33K · Prior year $29K
+15%
Net-asset trend (YoY)
End of year $43K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $33K · Expenses $27K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $38K
Net-asset ratio
Net assets $43K · Total assets $38K
113%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $38K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Margaret Baker · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $27K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $27K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 15%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$13K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$33K revenue · viewing · ⤓ 990 PDF
FY2022$29K revenue · ⤓ 990 PDF
FY2021$12K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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