Wolverine Bar Foundation
- Assets
- $128.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Detroit, MI
- Founding
- 07/1981
- Data as of
- 12/2021
- EIN
- 38-2349850
Organization Overview
Wolverine Bar Foundation is located in Detroit, MI. The organization was established in 1981. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wolverine Bar 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 12/2021, Wolverine Bar Foundation generated $40.3k 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 (6.5%) each year. All expenses for the organization totaled $46.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toi Thomas Secretary | 3 | $0 | |
Macie Tuiasosopo Gaines Treasurer | 5 | $0 | |
Mylika Radford Director | 1 | $0 | |
Allen Venable President | 5 | $0 | |
Deja Davis Director | 1 | $0 | |
Jessica Mills Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,263 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,263 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $952 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,782 |
| Total expenses | $46,234 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,903 |
| Other assets | $0 |
| Total assets | $128,903 |
| Total liabilities | $19,000 |
| Net assets or fund balances | $109,903 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Wolverine Bar Foundation has recieved totaling $21,000.
| Awarding Organization | Amount |
|---|---|
W K Kellogg Foundation Battle Creek, MI PURPOSE: INCREASE THE REPRESENTATION OF MINORITY LAW SCHOOL GRADUATES BY HELPING THEM GAIN VALUABLE EXPERIENCE AS JUDICIAL EXTERNS IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF MICHIGAN | $20,000 |
The Butzel Long Charitable Trust Detroit, MI PURPOSE: COORDINATE THE ENERGIES AND TALENTS OF AFRICAN-AMERICANS ADMITTED TO PRACTICE LAW IN MICHIGAN | $500 |
The Butzel Long Charitable Trust Detroit, MI PURPOSE: COORDINATE THE ENERGIES AND TALENTS OF AFRICAN-AMERICANS ADMITTED TO PRACTICE LAW IN MICHIGAN | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Bar Foundation Indianapolis, IN | $10,665,424 | $4,352,887 |
Ohio State Bar Foundation Columbus, OH | $58,293,469 | $3,008,399 |
Law Enforcement Foundation Of Barron County Inc Rice Lake, WI | $1,585,900 | $1,547,435 |
Indianapolis Bar Foundation Inc Indianapolis, IN | $2,449,471 | $447,937 |
Oakland County Bar Foundation Bloomfield Hills, MI | $1,951,123 | $461,405 |
Hundred Club Of Detroit Fenton, MI | $827,888 | $306,060 |
Officer Collin Rose Memorial Grosse Pointe Farms, MI | $69,708 | $0 |
Gino And Luciana Diclemente Foundation Southfield, MI | $2,705,687 | $36,161 |
Columbus Police Foundation Columbus, OH | $614,386 | $82,060 |
Macomb County Bar Foundation Inc Mt Clemens, MI | $210,080 | $0 |
We Back The Badge Inc Salem, WI | $10,148 | $0 |
Wolverine Bar Foundation Detroit, MI | $128,903 | $0 |