Civic Intelligence

Cardinal and Gold Fund Inc C/O Cardinal Hayes High School

990 • Fiscal year 2016 • EIN 13-3691813

Sep 01, 2015 to Aug 31, 2016 • Filed on Apr 17, 2017

695 Grand ConcourseBronx, NY 10451

(718) 292-6100

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

21st percentile

0.03x

Higher debt load relative to assets than 21% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

27th percentile

0.10x

Higher debt load relative to revenue than 27% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Net Margin

27th percentile

-2.8%

Higher net margin than 27% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

20th percentile

$16,671

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 0.5% of source-year revenue.

2016 filings • NTEE B • $10M-$25M nonprofits • Source year 2016

Asset Growth

18th percentile

-4.2%

Faster asset growth than 18% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

6.2%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • NTEE B • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Down

$9,594,123

Down $419,210 (-4.2%) from 2015

Net Assets

Down

$9,302,799

Down $373,123 (-3.9%) from 2015

Liabilities

Down

$291,324

Down $46,087 (-14%) from 2015

Revenue

Up

$3,032,008

Up $177,221 (+6.2%) from 2015

Expenses

Down

$3,116,597

Down $489,198 (-14%) from 2015

Net Income

Up

-$84,589

Up $666,419 (+89%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $13,020,306Liabilities 2010: $177,535Net Assets 2010: $12,842,7712010Assets 2011: $14,204,313Liabilities 2011: $63,420Net Assets 2011: $14,140,8932011Assets 2012: $14,320,409Liabilities 2012: $280,095Net Assets 2012: $14,040,3142012Assets 2013: $13,595,735Liabilities 2013: $551,814Net Assets 2013: $13,043,9212013Assets 2014: $12,701,221Liabilities 2014: $183,595Net Assets 2014: $12,517,6262014Assets 2015: $10,013,333Liabilities 2015: $337,411Net Assets 2015: $9,675,9222015Assets 2016: $9,594,123Liabilities 2016: $291,324Net Assets 2016: $9,302,7992016Assets 2017: $11,508,845Liabilities 2017: $77,210Net Assets 2017: $11,431,6352017Assets 2018: $10,620,694Liabilities 2018: $76,668Net Assets 2018: $10,544,0262018Assets 2019: $9,132,837Liabilities 2019: $514,785Net Assets 2019: $8,618,0522019Assets 2020: $8,621,181Liabilities 2020: $431,093Net Assets 2020: $8,190,0882020Assets 2021: $8,823,278Liabilities 2021: $236,623Net Assets 2021: $8,586,6552021Assets 2022: $8,893,570Liabilities 2022: $461,879Net Assets 2022: $8,431,6912022Assets 2023: $9,013,434Liabilities 2023: $190,726Net Assets 2023: $8,822,7082023Assets 2024: $9,768,249Liabilities 2024: $796,476Net Assets 2024: $8,971,7732024

Highlighted filing

2016

Assets$9,594,123
Liabilities$291,324
Net Assets$9,302,799

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $2,926,4652010Expenses 2011: $3,002,1022011Expenses 2012: $2,470,4212012Revenue 2013: $2,317,846Expenses 2013: $3,490,906Net Income 2013: -$1,173,0602013Revenue 2014: $1,735,396Expenses 2014: $3,463,694Net Income 2014: -$1,728,2982014Revenue 2015: $2,854,787Expenses 2015: $3,605,795Net Income 2015: -$751,0082015Revenue 2016: $3,032,008Expenses 2016: $3,116,597Net Income 2016: -$84,5892016Revenue 2017: $5,596,131Expenses 2017: $3,760,201Net Income 2017: $1,835,9302017Revenue 2018: $2,681,166Expenses 2018: $4,132,789Net Income 2018: -$1,451,6232018Revenue 2019: $2,407,139Expenses 2019: $4,442,936Net Income 2019: -$2,035,7972019Revenue 2020: $2,033,834Expenses 2020: $2,772,184Net Income 2020: -$738,3502020Revenue 2021: $2,682,550Expenses 2021: $3,619,611Net Income 2021: -$937,0612021Revenue 2022: $3,444,167Expenses 2022: $2,851,651Net Income 2022: $592,5162022Revenue 2023: $3,210,136Expenses 2023: $3,381,175Net Income 2023: -$171,0392023Revenue 2024: $3,574,047Expenses 2024: $4,587,358Net Income 2024: -$1,013,3112024

Highlighted filing

2016

Revenue$3,032,008
Expenses$3,116,597
Net Income-$84,589
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Apr 17, 2017
Return Version
2015v3.0
Gross Receipts
$11,140,206
Mission and Program Overview

Mission

The fund provides for the education of underprivileged nyc youth at cardinal hayes high school through scholarships, financial assistance and support of school activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,771,226$6,186,596▼ $1,584,630
Investments Other Securities$1,533,450$1,592,295▲ $58,845
Pledges and Grants Receivable$161,251$1,337,427▲ $1,176,176
Cash and Non-Interest-Bearing Accounts$270,883$353,885▲ $83,002
Prepaid Expenses and Deferred Charges$32,105$104,555▲ $72,450
Savings and Temporary Cash Investments$225,625$19,365▼ $206,260
Accounts Receivable$18,793--
Total Assets$10,013,333$9,594,123▼ $419,210
Liabilities
Other Liabilities$305,096$158,937▼ $146,159
Deferred Revenue$11,375$86,000▲ $74,625
Accounts Payable and Accrued Expenses$20,940$46,387▲ $25,447
Total Liabilities$337,411$291,324▼ $46,087
Net Assets / Fund Balance
Unrestricted Net Assets$5,298,499$5,015,642▼ $282,857
Permanently Rstr Net Assets$3,831,721$3,969,946▲ $138,225
Temporarily Rstr Net Assets$545,702$317,211▼ $228,491
Total Net Assets Fund Balance$9,675,922$9,302,799▼ $373,123
Total Liabilities and Net Assets / Fund Balance$10,013,333$9,594,123▼ $419,210

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,592,295--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$3,968,688$178,059-$121,449$4,025,298
2014$3,819,016$312,039-$162,367$3,968,688
2013$3,398,064$121,618▲ $535,925$236,591$3,819,016
2012$3,316,806$81,258--$3,398,064
2011$2,944,762$297,491▲ $74,553-$3,316,806
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William LessaDirectorPT$16,671$16,671
Fr Joseph P TierneyDirectorPT$3,667$3,667

Board Members and Trustees

NameTitle
John DuffyChairman
KEVIN O'HANLONVice President
Albert SalvaticoDirector
Dennis ConroyDirector
Edward SanchezDirector
Hector JimenezDirector
James HynesDirector
John FontanaDirector
Kevin MeenanDirector
Kevin JohnsonSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,848,947
Program Service Revenue
$0
Investment Income
$227,796
Other Revenue
$-44,735
All Other Contributions
$2,708,021
Change in Net Assets
$-84,589

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,032,008
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-47,248
Total Revenue per Audited Statements
$2,984,760
Total Revenue per Form 990
$3,032,008
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,410,519
Other Expenses$427,205
Total Fundraising Expense$338,972
Professional Fundraising Fees$258,535
Salaries, Compensation, and Employee Benefits$20,338

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,383,686--$2,383,686
Fees for Services Professional Fundraising--$258,535$258,535
Office Expenses-$137,482$711$138,193
Fees for Services Other-$57,323$50,000$107,323
Fees for Service Investment Mgmnt Fees-$51,193-$51,193
Fees for Services Accounting-$48,075-$48,075
Advertising-$11,064$23,875$34,939
Grants to Domestic Individuals$26,833--$26,833
Current Officers, Directors, Trustees, and Key Employees$20,338--$20,338
Information Technology-$11,499-$11,499
Conferences and Meetings--$5,851$5,851
Other Expenses$10,000$2,669-$2,669
Travel-$87-$87
Total Functional Expenses$2,440,857$336,768$338,972$3,116,597

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,357,883
Expenses per Audited Statements$3,116,597
Total Expenses per Form 990$3,116,597
Expenses Not Reported on Form 990$241,286
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cardinal Hayes High SchoolBronx, NY501(c)(3)Support of Other Exempt Organization by Promoting the Education of Underprivileged Youth at Cardinal Hayes High School by Providing Financial Support for Special Projects and Scholarships$2,383,686

International Summary

Offices
0
Employees
0
Spending
$1,592,295

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$1,592,295
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$258,535
Fundraising Direct Expenses$80,035
Fundraising Gross Income$35,300

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$98,700$20,900$11,087$9,813
Hall of Fame$77,526$14,400$8,304$6,096
Total Events$176,226$35,300$80,035$-44,735
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Cardinal Hayes Hs$158,937
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The chair of the finance committee shares a draft of the form 990 with the committee members for review and approval. The draft is then submitted to the full board for approval. Any comments or questions are addressed prior to filing the 990.

Form 990, Part VI, Section B, Line 12C

The board annually reviews the conflict of interest policy and has each board member sign a separate form on an annual basis. Each director and each officer of the fund shall promptly disclose any direct or indirect financial or other material interest which he or she has or reasonably expect to have in any proposed or existing arrangement with the fund. The director or officer who discloses a conflict may make a presentation and respond to questions by the board or committee, but after such presentation, he or she shall leave the meeting during the discussion of, and vote on, the arrangement that results in the conflict of interest.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 650 grand concourse, bronx, ny 10451...or by calling the organization directly at (718)-292-6100

Filing and Contact Details

Filer

Filer Name
Cardinal and Gold Fund Inc
EIN
13-3691813
Phone
7182926100
Address
695 GRAND CONCOURSE, BRONX, NY 10451

Signing Officer

Name
John Duffy
Title
President
Phone
7182926100
Signed
2017-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Duffy
Formed
1992
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Write off of uncollectable pledge -161,251.

Financial Statement Notes

PART V, LINE 4:

The fund maintains various donor-restricted funds whose purpose is to provide long term support for scholarships.

PART X, LINE 2:

The fund recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the fund had no uncertain tax positions that would require financial statement recognition or disclosure. The fund is no longer subject to examinations by the applicable taxing jurisdictions for periods prior to 2013.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expense included in part viii, line 8b 80,035.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expense included in part viii, line 8b 80,035. Write off of uncollectible pledge 161,251.

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IRS990/ActivityOrMissionDesc0THE FUND PROVIDES FOR THE EDUCATION OF UNDERPRIVILEGED NYC YOUTH AT CARDINAL HAYES HIGH SCHOOL THROUGH SCHOLARSHIPS, FINANCIAL ASSISTANCE AND SUPPORT OF SCHOOL ACTIVITIES.
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IRS990/Desc0THE CARDINAL AND GOLD FUND, INC. PROVIDE SCHOLARSHIP AND FINANCIAL ASSISTANCE TO STUDENTS OF CARDINAL HAYES HIGH SCHOOL. CARDINAL HAYES HIGH SCHOOL PROVIDES A TRANSFORMATIVE ACADEMIC PROGRAM FOR YOUNG MEN, PREDOMINATELY IMMIGRANTS AND MEN OF COLOR, IN THE SOUTH BRONX, ONE OF THE HIGHEST NEED AND LOWEST RESOURCE COMMUNITIES IN NEW YORK CITY. MORE THAN 99% OF STUDENTS GRADUATE AND MORE THAN 98% OF THEM GO ON TO HIGHER EDUCATION.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990/FundraisingDirectExpensesAmt080035
IRS990/FundraisingGrossIncomeAmt035300
IRS990/GainOrLossGrp/SecuritiesAmt0136871
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt02410519
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt026833
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt026833
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02383686
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02383686
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt08165034
IRS990/GrossReceiptsAmt011140206
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011499
IRS990/InformationTechnologyGrp/TotalAmt011499
IRS990/InvestmentIncomeGrp/ExclusionAmt090925
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt090925
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01533450
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01592295
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07771226
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06186596
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt08028163
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FUND PROVIDES FOR THE EDUCATION OF UNDERPRIVILEGED NYC YOUTH AT CARDINAL HAYES HIGH SCHOOL THROUGH SCHOLARSHIPS, FINANCIAL ASSISTANCE AND SUPPORT OF SCHOOL ACTIVITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt09675922
IRS990/NetAssetsOrFundBalancesEOYAmt09302799
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0136871
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0136871
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-44735
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-44735
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-127283
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0711
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0137482
IRS990/OfficeExpensesGrp/TotalAmt0138193
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-161251
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1TRAINING & DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014344
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13032
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22669
IRS990/OtherExpensesGrp/ProgramServicesAmt010000
IRS990/OtherExpensesGrp/TotalAmt024344
IRS990/OtherExpensesGrp/TotalAmt13032
IRS990/OtherExpensesGrp/TotalAmt22669
IRS990/OtherLiabilitiesGrp/BOYAmt0305096
IRS990/OtherLiabilitiesGrp/EOYAmt0158937
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03831721
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03969946
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0161251
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01337427
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032105
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0104555
IRS990/PrincipalOfficerNm0JOHN DUFFY
IRS990/ProfessionalFundraisingInd01
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01583611
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03122041
IRS990/PYInvestmentIncomeAmt01301045
IRS990/PYOtherExpensesAmt0391399
IRS990/PYOtherRevenueAmt0-29869
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-751008
IRS990/PYSalariesCompEmpBnftPaidAmt061012
IRS990/PYTotalExpensesAmt03605795
IRS990/PYTotalProfFndrsngExpnsAmt031343
IRS990/PYTotalRevenueAmt02854787
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-84589
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0225625
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019365
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02848947
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01583611
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01134051
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01351626
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01386531
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08304766
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt090925
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0139554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0223916
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0285221
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0280104
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01019720
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.78070
IRS990ScheduleA/PublicSupportPY170Pct00.76970
IRS990ScheduleA/PublicSupportTotal170Amt07280069
IRS990ScheduleA/SubstantialContributorsTotAmt01024697
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02848947
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01583611
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01134051
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01351626
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01386531
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08304766
IRS990ScheduleA/TotalSupportAmt09324486
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03968688
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0178059
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04025298
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0121449
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt03819016
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0312039
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03968688
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0162367
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03398064
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0121618
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03819016
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0535925
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0236591
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03316806
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt081258
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03398064
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02944762
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0297491
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03316806
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt074553
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0241286
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03116597
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-127283
IRS990ScheduleD/OtherExpensesIncludedAmt0241286
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0158937
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CARDINAL HAYES HS
IRS990ScheduleD/OtherRevenueAmt080035
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01592295
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MULTI-STRATEGY HEDGE FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.98620
IRS990ScheduleD/RevenueNotReportedAmt0-47248
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03032008
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FUND MAINTAINS VARIOUS DONOR-RESTRICTED FUNDS WHOSE PURPOSE IS TO PROVIDE LONG TERM SUPPORT FOR SCHOLARSHIPS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FUND RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FUND HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE FUND IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2013.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSE INCLUDED IN PART VIII, LINE 8B 80,035.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SPECIAL EVENT EXPENSE INCLUDED IN PART VIII, LINE 8B 80,035. WRITE OFF OF UNCOLLECTIBLE PLEDGE 161,251.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01380
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt01592295
IRS990ScheduleD/TotalExpensesPerForm990Amt03116597
IRS990ScheduleD/TotalLiabilityAmt0158937
IRS990ScheduleD/TotalRevenuePerForm990Amt03032008
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02984760
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03357883
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt01592295
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0INVESTMENTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinutationTotalEmployeeCnt00
IRS990ScheduleF/ContinutationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt01592295
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt01592295

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.$9.77$0.80$8.97$3.57$4.59$1.01
2023Detailed filing. Detailed filing data is available for this year.$9.01$0.19$8.82$3.21$3.38$0.17
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.89$0.46$8.43$3.44$2.85$0.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.82$0.24$8.59$2.68$3.62$0.94
2020Detailed filing. Detailed filing data is available for this year.$8.62$0.43$8.19$2.03$2.77$0.74
2019Detailed filing. Detailed filing data is available for this year.$9.13$0.51$8.62$2.41$4.44$2.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$0.08$10.5$2.68$4.13$1.45
2017Detailed filing. Detailed filing data is available for this year.$11.5$0.08$11.4$5.60$3.76$1.84
2016Detailed filing. Detailed filing data is available for this year.$9.59$0.29$9.30$3.03$3.12$0.08
2015Detailed filing. Detailed filing data is available for this year.$10.0$0.34$9.68$2.85$3.61$0.75
2014Detailed filing. Detailed filing data is available for this year.$12.7$0.18$12.5$1.74$3.46$1.73
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.6$0.55$13.0$2.32$3.49$1.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$0.28$14.0$2.47
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$0.06$14.1$3.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.18$12.8$2.93