Civic Intelligence

Kathryn & Roy Shoemaker Charitable Trust

EIN 20-4725351 • 501(c)3 • State College, PA

Profile

NONE

117 South Allen StreetState College, PA 16801

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2018

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

1st percentile

-767%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

27th percentile

$49,616

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

94th percentile

167%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$0

Down $6,089,703 (-100%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Down

$0

Down $6,089,703 (-100%) from 2017

Revenue

Up

$794,033

Up $496,657 (+167%) from 2017

Expenses

Up

$6,883,736

Up $6,498,722 (+1688%) from 2017

Net Income

Down

-$6,089,703

Down $6,002,065 (-6849%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $6,055,393Liabilities 2011: $0Net Assets 2011: $6,055,3932011Assets 2012: $5,978,513Liabilities 2012: $0Net Assets 2012: $5,978,5132012Assets 2013: $6,381,597Liabilities 2013: $0Net Assets 2013: $6,381,5972013Assets 2014: $6,420,775Liabilities 2014: $0Net Assets 2014: $6,420,7752014Assets 2015: $6,814,016Liabilities 2015: $0Net Assets 2015: $6,814,0162015Assets 2016: $6,177,341Liabilities 2016: $0Net Assets 2016: $6,177,3412016Assets 2017: $6,089,703Liabilities 2017: $0Net Assets 2017: $6,089,7032017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2018

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $492,845Expenses 2011: $295,640Net Income 2011: $197,2052011Revenue 2012: $227,449Expenses 2012: $288,610Net Income 2012: -$61,1612012Revenue 2013: $763,662Expenses 2013: $324,275Net Income 2013: $439,3872013Revenue 2014: $403,960Expenses 2014: $357,563Net Income 2014: $46,3972014Revenue 2015: $791,140Expenses 2015: $389,524Net Income 2015: $401,6162015Revenue 2016: -$341,154Expenses 2016: $295,521Net Income 2016: -$636,6752016Revenue 2017: $297,376Expenses 2017: $385,014Net Income 2017: -$87,6382017Revenue 2018: $794,033Expenses 2018: $6,883,736Net Income 2018: -$6,089,7032018

Highlighted filing

2018

Revenue$794,033
Expenses$6,883,736
Net Income-$6,089,703

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 10, 2019
Return Version
2018v3.1
Gross Receipts
$8,866,556
Mission and Program Overview

Mission

NONE

Pay centre county community foundation annually for distribution to charities

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$6,814,016$6,814,016→ $0
Savings and Temporary Cash Investments$142,259$0▼ $142,259
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Rtn Earn Endowment Incm Other Fnds$-724,313$-6,814,016▼ $6,089,703
Total Assets$6,089,703$0▼ $6,089,703
Other Assets Total$5,947,444$0▼ $5,947,444
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$6,089,703$0▼ $6,089,703
Total Liabilities and Net Assets / Fund Balance$6,089,703$0▼ $6,089,703
Compensation and Service Providers

Employees

NameTitleOtherTotal
-Trustee$49,616$49,616
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$794,033
Other Revenue
$0
Change in Net Assets
$-6,089,703
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,831,267
Salaries, Compensation, and Employee Benefits$49,616
Other Expenses$2,853
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$6,831,267--$6,831,267
Current Officers, Directors, Trustees, and Key Employees-$49,616-$49,616
Other Expenses-$1,660-$1,660
Fees for Services Accounting-$1,193-$1,193
Total Functional Expenses$6,831,267$52,469$0$6,883,736
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Centre County Community FoundationState College, PA501(c)(3)General Operating$6,831,267
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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 11B

Board reviews 990 with trustee

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Kathryn & Roy Shoemaker Charitable Trust
EIN
20-4725351
Phone
8142724113
Address
117 SOUTH ALLEN STREET, STATE COLLEGE, PA 16801

Signing Officer

Name
First National Trust Company
Title
Trustee
Phone
8142724113
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
First National Trust Comp
Formed
2006
Legal Domicile
Pa
Voting Board Members
0
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Young Oakes Brown & Company Pc
Address
1210 THIRTEENTH STREET, ALTOONA, PA 16601
Preparer
Michael Maier CPA
Phone
8149446191
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-10
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ReturnHeader/FilingSecurityInformation/IPDt02019-05-10
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:50:29
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0YOUNG OAKES BROWN & COMPANY PC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALTOONA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA

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