Civic Intelligence

Monsignor Lafferty Tuition Foundation

990 • Fiscal year 2015 • EIN 20-5437032

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 10, 2016

Organization ProfileN/A
1821 Jackson StreetSioux City, IA 51105

(712) 255-7933

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

Higher debt load relative to assets than 16% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

47th percentile

1.9%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$121,418

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

55th percentile

1.9%

Faster asset growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

45th percentile

1.4%

Faster revenue growth than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$3,081,465

Up $56,617 (+1.9%) from 2014

Net Assets

Up

$3,078,591

Up $57,038 (+1.9%) from 2014

Liabilities

Down

$2,874

Down $421 (-13%) from 2014

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin47th percentile

Revenue

Up

$3,064,884

Up $43,542 (+1.4%) from 2014

Expenses

Up

$3,007,846

Up $629,165 (+26%) from 2014

Net Income

Down

$57,038

Down $585,623 (-91%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,991,811Liabilities 2011: $2,152Net Assets 2011: $1,989,6592011Assets 2012: $2,262,938Liabilities 2012: $6,882Net Assets 2012: $2,256,0562012Assets 2013: $2,380,382Liabilities 2013: $1,490Net Assets 2013: $2,378,8922013Assets 2014: $3,024,848Liabilities 2014: $3,295Net Assets 2014: $3,021,5532014Assets 2015: $3,081,465Liabilities 2015: $2,874Net Assets 2015: $3,078,5912015Assets 2016: $3,082,106Liabilities 2016: $3,067Net Assets 2016: $3,079,0392016Assets 2017: $3,066,409Liabilities 2017: $3,170Net Assets 2017: $3,063,2392017Assets 2018: $3,090,217Liabilities 2018: $0Net Assets 2018: $3,090,2172018Assets 2019: $2,875,992Liabilities 2019: $460Net Assets 2019: $2,875,5322019Assets 2020: $3,226,674Liabilities 2020: $62Net Assets 2020: $3,226,6122020Assets 2021: $2,998,016Liabilities 2021: $505Net Assets 2021: $2,997,5112021Assets 2022: $3,637,455Liabilities 2022: $11,281Net Assets 2022: $3,626,1742022Assets 2023: $2,645,724Liabilities 2023: $1,826Net Assets 2023: $2,643,8982023Assets 2024: $2,358,554Liabilities 2024: $2,289Net Assets 2024: $2,356,2652024

Highlighted filing

2015

Assets$3,081,465
Liabilities$2,874
Net Assets$3,078,591
Open 2015 Filing

Operations Trend

Revenue Growth45th percentile

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,959,933Expenses 2011: $1,949,903Net Income 2011: $10,0302011Revenue 2012: $2,222,589Expenses 2012: $1,956,192Net Income 2012: $266,3972012Revenue 2013: $2,315,940Expenses 2013: $2,193,104Net Income 2013: $122,8362013Revenue 2014: $3,021,342Expenses 2014: $2,378,681Net Income 2014: $642,6612014Revenue 2015: $3,064,884Expenses 2015: $3,007,846Net Income 2015: $57,0382015Revenue 2016: $2,964,154Expenses 2016: $2,963,706Net Income 2016: $4482016Revenue 2017: $2,921,615Expenses 2017: $2,937,415Net Income 2017: -$15,8002017Revenue 2018: $2,921,195Expenses 2018: $2,891,636Net Income 2018: $29,5592018Revenue 2019: $2,841,806Expenses 2019: $3,058,550Net Income 2019: -$216,7442019Revenue 2020: $3,115,333Expenses 2020: $2,750,501Net Income 2020: $364,8322020Revenue 2021: $2,976,174Expenses 2021: $3,207,990Net Income 2021: -$231,8162021Revenue 2022: $3,634,741Expenses 2022: $3,006,078Net Income 2022: $628,6632022Revenue 2023: $2,514,021Expenses 2023: $3,496,297Net Income 2023: -$982,2762023Revenue 2024: $2,149,011Expenses 2024: $2,436,644Net Income 2024: -$287,6332024

Highlighted filing

2015

Revenue$3,064,884
Expenses$3,007,846
Net Income$57,038
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 10, 2016
Return Version
2015v2.1
Gross Receipts
$3,393,667
Mission and Program Overview

Mission

The solicitation, collection, administration and distribution of voluntary contributions to allocate at least 90% of annual revenue for tuition grants to eligible students who reside in iowa to allow each student to attend any qualified school of their parents' choice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,677,801$3,061,140▲ $383,339
Cash and Non-Interest-Bearing Accounts$275,582$13,714▼ $261,868
Prepaid Expenses and Deferred Charges-$1,485-
Total Assets$3,024,848$3,081,465▲ $56,617
Other Assets Total$71,465$5,126▼ $66,339
Liabilities
Accounts Payable and Accrued Expenses$3,295$2,874▼ $421
Total Liabilities$3,295$2,874▼ $421
Net Assets / Fund Balance
Unrestricted Net Assets$3,021,553$3,078,591▲ $57,038
Total Net Assets Fund Balance$3,021,553$3,078,591▲ $57,038
Total Liabilities and Net Assets / Fund Balance$3,024,848$3,081,465▲ $56,617
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleOtherTotal
Dan RyanBoard Member$121,418$121,418
Most Rev R Walker NicklessChairperson$33,605$33,605

Board Members and Trustees

NameTitle
Aaron GretemanBoard Member
Dawn ProsserBoard Member
Jim AuenBoard Member
Mark ElyBoard Member
Matt GretemanBoard Member
Michelle WoodruffBoard Member
Patty LansinkBoard Member
Rev Merlin SchradBoard Member
Rick KneipBoard Member
Sherry NillesBoard Member
Bruce FeldmannBoard Member (part Year)
Michael MurphyBoard Member (part Year)
Rev Msgr R Mark DuchaineBoard Member (part Year)
Very Rev Brad PelzelBoard Member (part Year)
Very Rev Msgr Kevin MccoyBoard Member (part Year)
Revenue and Support

Revenue Composition

Contributions and Grants
$3,044,962
Program Service Revenue
$0
Investment Income
$19,922
Other Revenue
$0
All Other Contributions
$3,044,962
Change in Net Assets
$57,038

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded14$186,919Fair Market Value
Other Non Cash Contri Table21$141,864Selling Price
Total Noncash Contributions35$328,783-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,064,884
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$685
Total Revenue per Audited Statements
$3,065,569
Total Revenue per Form 990
$3,064,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,865,255
Other Expenses$142,591
Total Fundraising Expense$39,021
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,865,255--$2,865,255
Fees for Services Other-$23,203$25,512$48,715
Fees for Services Accounting-$34,643-$34,643
Other Expenses-$26,500-$26,500
All Other Expenses-$12,229-$12,229
Advertising--$11,681$11,681
Office Expenses-$5,888$1,828$7,716
Travel-$773-$773
Conferences and Meetings-$334-$334
Total Functional Expenses$2,865,255$103,570$39,021$3,007,846

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,008,531
Expenses per Audited Statements$3,007,846
Total Expenses per Form 990$3,007,846
Expenses Not Reported on Form 990$685
Expenses Not Reported on Financial Statements$0
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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 form 990 is reviewed by the director of finance and the director of administration and fiscal affairs before it is filed.”

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

“The conflict of interest policy covers officers, employees and members of the board of directors. Conflicts of interest are to be disclosed to the board chair as soon as they are known. In the event that it is unclear whether a conflict of interest exists, the chair shall make the determination. Persons with a conflict of interest shall disclose all facts material to the conflict of interest and such disclosure shall be reflected in the minutes of the meeting. A person who has a conflict of interest may not vote on the matter.”

Form 990, Part VI, Section C, Line 19

“The governing documents, financial statements, and policies of the monsignor lafferty tuition foundation are available at the central catholic office of the diocese of sioux city during normal office hours.”

Filing and Contact Details

Filer

Filer Name
Monsignor Lafferty Tuition Foundation
EIN
20-5437032
Phone
7122557933
Address
1821 JACKSON STREET, SIOUX CITY, IA 51105

Signing Officer

Name
Most Rev R Walker Nickless
Title
Chairperson
Phone
7122557933
Signed
2016-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Most Rev R Walker Nickles
Formed
2006
Legal Domicile
Ia
Voting Board Members
15
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
King Reinsch Prosser & Co Llp
Address
522 4TH STREET SUITE 200, SIOUX CITY, IA 51101
Preparer
Patty Blankenship
Phone
7122585550
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of donated assets”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss on sale of donated assets”

Raw XML AppendixShowing 400 of 481 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GrossReceiptsAmt03393667
IRS990/GroupExemptionNum00928
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt020607
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt020607
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0141864
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0186919
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SOLICITATION, COLLECTION, ADMINISTRATION AND DISTRIBUTION OF VOLUNTARY CONTRIBUTIONS TO ALLOCATE AT LEAST 90% OF ANNUAL REVENUE FOR TUITION GRANTS TO ELIGIBLE STUDENTS WHO RESIDE IN IOWA TO ALLOW EACH STUDENT TO ATTEND ANY QUALIFIED SCHOOL OF THEIR PARENTS' CHOICE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03021553
IRS990/NetAssetsOrFundBalancesEOYAmt03078591
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-685
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-685
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0328783
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01828
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05888
IRS990/OfficeExpensesGrp/TotalAmt07716
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt071465
IRS990/OtherAssetsTotalGrp/EOYAmt05126
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026500
IRS990/OtherExpensesGrp/TotalAmt026500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01485
IRS990/PrincipalOfficerNm0MOST REV R WALKER NICKLES
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03006606
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02237307
IRS990/PYInvestmentIncomeAmt014736
IRS990/PYOtherExpensesAmt0141374
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0642661
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02378681
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03021342
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt057038
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02677801
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03061140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03044962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03006606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02298190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02203815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01935575
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt012489148
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt020607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018279
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt019011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt024578
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt098054
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99220
IRS990ScheduleA/PublicSupportPY170Pct00.99090
IRS990ScheduleA/PublicSupportTotal170Amt012489148
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03044962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03006606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02298190
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02203815
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01935575
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt012489148
IRS990ScheduleA/TotalSupportAmt012587202
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/ExpensesNotReportedAmt0685
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03007846
IRS990ScheduleD/OtherExpensesIncludedAmt0685
IRS990ScheduleD/OtherRevenueAmt0685
IRS990ScheduleD/RevenueNotReportedAmt0685
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03064884
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS ON SALE OF DONATED ASSETS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF DONATED ASSETS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt03007846
IRS990ScheduleD/TotalRevenuePerForm990Amt03064884
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03065569
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03008531
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02865255
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION GRANTS FOR ELIGIBLE STUDENTS ATTENDING CATHOLIC SCHOOLS IN THE DIOCESE OF SIOUX CITY.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02244
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MONSIGNOR LAFFERTY TUITION FOUNDATION USES A THIRD PARTY ADMINISTRATOR (TPA) TO COLLECT AND ANALYZE FINANCIAL INFORMATION AND TO DETERMINE RECOMMENDATIONS FOR FINANCIAL ASSISTANCE. THE NEEDS ANALYSIS CALCULATIONS USED BY THE TPA ARE REVIEWED AND APPROVED ANNUALLY BY MONSIGNOR LAFFERTY TUITION FOUNDATION STAFF. THE MONSIGNOR LAFFERTY TUITION FOUNDATION GOVERNING BOARD REVIEWS AND APPROVES THE GRANT AWARDS. THE MONSIGNOR LAFFERTY TUITION FOUNDATION REVIEWS THE CERTIFIED ENROLLMENT OF SELECTED SCHOOLS FOR COMPLIANCE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt021
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0GRAIN
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0SELLING PRICE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0141864
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt014
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0186919
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE DIRECTOR OF ADMINISTRATION AND FISCAL AFFAIRS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY COVERS OFFICERS, EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS. CONFLICTS OF INTEREST ARE TO BE DISCLOSED TO THE BOARD CHAIR AS SOON AS THEY ARE KNOWN. IN THE EVENT THAT IT IS UNCLEAR WHETHER A CONFLICT OF INTEREST EXISTS, THE CHAIR SHALL MAKE THE DETERMINATION. PERSONS WITH A CONFLICT OF INTEREST SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST AND SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST MAY NOT VOTE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND POLICIES OF THE MONSIGNOR LAFFERTY TUITION FOUNDATION ARE AVAILABLE AT THE CENTRAL CATHOLIC OFFICE OF THE DIOCESE OF SIOUX CITY DURING NORMAL OFFICE HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0DIOCESE OF SIOUX CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0420680296
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0THE DIOCESE OF SIOUX CITY IS INCLUDED IN THE GROUP EXEMPTION NUMBER 0928
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01821 JACKSON STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SIOUX CITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd051105
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,081,465
Liabilities
$2,874
Net assets
$3,078,591
Revenue
$3,064,884
Expenses
$3,007,846
Net income
$57,038
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$2.15$2.44$0.29
2023Detailed filing. Detailed filing data is available for this year.$2.65$0.00$2.64$2.51$3.50$0.98
2022Detailed filing. Detailed filing data is available for this year.$3.64$0.01$3.63$3.63$3.01$0.63
2021Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$2.98$3.21$0.23
2020Detailed filing. Detailed filing data is available for this year.$3.23$0.00$3.23$3.12$2.75$0.36
2019Detailed filing. Detailed filing data is available for this year.$2.88$0.00$2.88$2.84$3.06$0.22
2018Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$2.92$2.89$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.07$0.00$3.06$2.92$2.94$0.02
2016Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$2.96$2.96$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.08$0.00$3.08$3.06$3.01$0.06
2014Summary only. Only limited summary data is available for this year.$3.02$0.00$3.02$3.02$2.38$0.64
2013Summary only. Only limited summary data is available for this year.$2.38$0.00$2.38$2.32$2.19$0.12
2012Summary only. Only limited summary data is available for this year.$2.26$0.01$2.26$2.22$1.96$0.27
2011Summary only. Only limited summary data is available for this year.$1.99$0.00$1.99$1.96$1.95$0.01