Civic Intelligence

Monsignor Lafferty Tuition Foundation

990 • Fiscal year 2017 • EIN 20-5437032

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 23, 2018

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

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

16th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

37th percentile

-0.5%

Higher net margin than 37% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

56th percentile

$74,609

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

36th percentile

-0.5%

Faster asset growth than 36% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-1.4%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$3,066,409

Down $15,697 (-0.5%) from 2016

Net Assets

Down

$3,063,239

Down $15,800 (-0.5%) from 2016

Liabilities

Up

$3,170

Up $103 (+3.4%) from 2016

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin37th percentile

Revenue

Down

$2,921,615

Down $42,539 (-1.4%) from 2016

Expenses

Down

$2,937,415

Down $26,291 (-0.9%) from 2016

Net Income

Down

-$15,800

Down $16,248 (-3627%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth36th 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

2017

Assets$3,066,409
Liabilities$3,170
Net Assets$3,063,239
Open 2017 Filing

Operations Trend

Revenue Growth33rd 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

2017

Revenue$2,921,615
Expenses$2,937,415
Net Income-$15,800
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 23, 2018
Return Version
2017v2.2
Gross Receipts
$3,296,920
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$3,044,411$3,022,457▼ $21,954
Cash and Non-Interest-Bearing Accounts$21,157$13,316▼ $7,841
Prepaid Expenses and Deferred Charges-$1,209-
Total Assets$3,082,106$3,066,409▼ $15,697
Other Assets Total$16,538$29,427▲ $12,889
Liabilities
Accounts Payable and Accrued Expenses$3,067$3,170▲ $103
Total Liabilities$3,067$3,170▲ $103
Net Assets / Fund Balance
Unrestricted Net Assets$3,079,039$3,063,239▼ $15,800
Total Net Assets Fund Balance$3,079,039$3,063,239▼ $15,800
Total Liabilities and Net Assets / Fund Balance$3,082,106$3,066,409▼ $15,697
Compensation and Service Providers
Top Officer Pay56th percentile

Employees

NameTitleOtherTotal
Dan RyanBoard Member (part Year)$74,609$74,609
Most Rev R Walker NicklessChairperson$47,487$47,487

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$2,894,776
Program Service Revenue
$0
Investment Income
$26,839
Other Revenue
$0
All Other Contributions
$2,894,776
Change in Net Assets
$-15,800

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 Traded17$262,073Fair Market Value
Other Non Cash Contri Table20$113,232Selling Price
Total Noncash Contributions37$375,305-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,921,615
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,295
Total Revenue per Audited Statements
$2,922,910
Total Revenue per Form 990
$2,921,615
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,800,682
Other Expenses$136,733
Total Fundraising Expense$29,905
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$2,800,682--$2,800,682
Fees for Services Accounting-$39,881-$39,881
Fees for Services Other-$16,999$20,862$37,861
Other Expenses-$26,500-$26,500
All Other Expenses-$14,563-$14,563
Advertising-$982$7,367$8,349
Office Expenses-$6,214$1,676$7,890
Travel-$959-$959
Conferences and Meetings-$730-$730
Total Functional Expenses$2,800,682$106,828$29,905$2,937,415

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,938,710
Expenses per Audited Statements$2,937,415
Total Expenses per Form 990$2,937,415
Expenses Not Reported on Form 990$1,295
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 A, Line 2

“Matt greteman and aaron greteman have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed by the director of finance, diocese of sioux city, 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
2018-07-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Most Rev R Walker Nickles
Formed
2006
Legal Domicile
Ia
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
15

Preparer

Firm
King Reinsch Prosser & Co Llp
Address
522 4TH STREET SUITE 200, SIOUX CITY, IA 51101
Preparer
Rebecca George
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 469 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03067
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03170
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE 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/AdvertisingGrp/FundraisingAmt07367
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0982
IRS990/AdvertisingGrp/TotalAmt08349
IRS990/AllOtherContributionsAmt02894776
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt014563
IRS990/AllOtherExpensesGrp/TotalAmt014563
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DIANE DONNELLY
IRS990/BooksInCareOfDetail/PhoneNum07122557933
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01821 JACKSON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SIOUX CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd051105
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt021157
IRS990/CashNonInterestBearingGrp/EOYAmt013316
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0730
IRS990/ConferencesMeetingsGrp/TotalAmt0730
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02894776
IRS990/CYGrantsAndSimilarPaidAmt02800682
IRS990/CYInvestmentIncomeAmt026839
IRS990/CYOtherExpensesAmt0136733
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-15800
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02937415
IRS990/CYTotalFundraisingExpenseAmt029905
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02921615
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE FOUNDATION DISTRIBUTED 90% OF IT'S ANNUAL REVENUE IN THE FORM OF TUITION GRANTS TO ELIGIBLE STUDENTS ATTENDING CATHOLIC SCHOOLS IN THE DIOCESE OF SIOUX CITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02800682
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt039881
IRS990/FeesForServicesAccountingGrp/TotalAmt039881
IRS990/FeesForServicesOtherGrp/FundraisingAmt020862
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt016999
IRS990/FeesForServicesOtherGrp/TotalAmt037861
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt012198
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt67146
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0MOST REV R WALKER NICKLESS
IRS990/Form990PartVIISectionAGrp/PersonNm1JIM AUEN
IRS990/Form990PartVIISectionAGrp/PersonNm2MATT GRETEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3SHERRY NILLES
IRS990/Form990PartVIISectionAGrp/PersonNm4REV MERLIN SCHRAD
IRS990/Form990PartVIISectionAGrp/PersonNm5RICK KNEIP
IRS990/Form990PartVIISectionAGrp/PersonNm6DAN RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm7DAWN PROSSER
IRS990/Form990PartVIISectionAGrp/PersonNm8PATTY LANSINK
IRS990/Form990PartVIISectionAGrp/PersonNm9AARON GRETEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm10MARK ELY
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHELLE WOODRUFF
IRS990/Form990PartVIISectionAGrp/PersonNm12VERY REV BRAD PELZEL
IRS990/Form990PartVIISectionAGrp/PersonNm13VERY REV MSGR KEVIN MCCOY
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL MURPHY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt035289
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt667463
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER (PART YEAR)
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0390
IRS990/GainOrLossGrp/SecuritiesAmt0-1685
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt02800682
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt02800682
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt02800682
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0113622
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0260388
IRS990/GrossReceiptsAmt03296920
IRS990/GroupExemptionNum00928
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt028134
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028134
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0113232
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0262073
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/NetAssetsOrFundBalancesBOYAmt03079039
IRS990/NetAssetsOrFundBalancesEOYAmt03063239
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1295
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1295
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0375305
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt01676
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06214
IRS990/OfficeExpensesGrp/TotalAmt07890
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt016538
IRS990/OtherAssetsTotalGrp/EOYAmt029427
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026500
IRS990/OtherExpensesGrp/TotalAmt026500
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01209
IRS990/PrincipalOfficerNm0MOST REV R WALKER NICKLES
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02940008
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02814170
IRS990/PYInvestmentIncomeAmt024146
IRS990/PYOtherExpensesAmt0149536
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0448
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02963706
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02964154
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-15800
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03044411
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03022457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02894776
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02940008
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03044962
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03006606
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02298190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014184542
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt028134
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt024660
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015579
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018279
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0107259
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99250
IRS990ScheduleA/PublicSupportPY170Pct00.99280
IRS990ScheduleA/PublicSupportTotal170Amt014184542
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02894776
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02940008
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03044962
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03006606
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02298190
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt014184542
IRS990ScheduleA/TotalSupportAmt014291801
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt01295
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02937415
IRS990ScheduleD/OtherExpensesIncludedAmt01295
IRS990ScheduleD/OtherRevenueAmt01295
IRS990ScheduleD/RevenueNotReportedAmt01295
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02921615
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/TotalExpensesPerForm990Amt02937415
IRS990ScheduleD/TotalRevenuePerForm990Amt02921615
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02922910
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02938710
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt02800682
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION GRANTS FOR ELIGIBLE STUDENTS ATTENDING CATHOLIC SCHOOLS IN THE DIOCESE OF SIOUX CITY.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02109
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/ContributionCnt020
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0GRAIN
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0SELLING PRICE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0113232
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd01
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt017
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt0262073
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MATT GRETEMAN AND AARON GRETEMAN HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE, DIOCESE OF SIOUX CITY, BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3THE 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/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
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/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03082106
IRS990/TotalAssetsEOYAmt03066409
IRS990/TotalAssetsGrp/BOYAmt03082106
IRS990/TotalAssetsGrp/EOYAmt03066409
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02894776
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt029905
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0106828
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02800682

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,066,409
Liabilities
$3,170
Net assets
$3,063,239
Revenue
$2,921,615
Expenses
$2,937,415
Net income
-$15,800
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