Civic Intelligence

The Catholic Education Foundation of Greater Lowell

990 • Fiscal year 2017 • EIN 20-8788352

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

3 Fayette StreetLowell, MA 01852

(617) 742-8831

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

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

Liabilities / Revenue

14th percentile

0.00x

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

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

Net Margin

14th percentile

-20%

Higher net margin than 14% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

52nd percentile

3.9%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2016 to 2017

Assets

Up

$1,102,415

Up $41,078 (+3.9%) from 2016

Net Assets

Up

$1,102,415

Up $41,078 (+3.9%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$30,799

Up $50,013 (+260%) from 2016

Expenses

Up

$36,829

Up $29,429 (+398%) from 2016

Net Income

Up

-$6,030

Up $20,584 (+77%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,618,772Liabilities 2010: $0Net Assets 2010: $1,618,7722010Assets 2011: $1,097,909Liabilities 2011: $0Net Assets 2011: $1,097,9092011Assets 2012: $908,700Liabilities 2012: $0Net Assets 2012: $908,7002012Assets 2013: $932,008Liabilities 2013: $0Net Assets 2013: $932,0082013Assets 2014: $1,012,350Liabilities 2014: $0Net Assets 2014: $1,012,3502014Assets 2015: $919,569Liabilities 2015: $0Net Assets 2015: $919,5692015Assets 2016: $1,061,337Liabilities 2016: $0Net Assets 2016: $1,061,3372016Assets 2017: $1,102,415Liabilities 2017: $0Net Assets 2017: $1,102,4152017Assets 2018: $851,907Liabilities 2018: $0Net Assets 2018: $851,9072018Assets 2019: $1,116,947Liabilities 2019: $0Net Assets 2019: $1,116,9472019Assets 2020: $1,088,493Liabilities 2020: $0Net Assets 2020: $1,088,4932020Assets 2021: $1,321,330Liabilities 2021: $0Net Assets 2021: $1,321,3302021Assets 2022: $992,278Liabilities 2022: $0Net Assets 2022: $992,2782022Assets 2023: $896,876Liabilities 2023: $0Net Assets 2023: $896,8762023Assets 2024: $1,088,506Liabilities 2024: $0Net Assets 2024: $1,088,5062024

Highlighted filing

2017

Assets$1,102,415
Liabilities$0
Net Assets$1,102,415

Operations Trend

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

$100K$0-$100K-$200KExpenses 2010: $1,7502010Expenses 2011: $9,5052011Expenses 2012: $9,1232012Revenue 2013: $34,738Expenses 2013: $11,431Net Income 2013: $23,3072013Revenue 2014: $37,707Expenses 2014: $7,365Net Income 2014: $30,3422014Revenue 2015: $47,463Expenses 2015: $8,760Net Income 2015: $38,7032015Revenue 2016: -$19,214Expenses 2016: $7,400Net Income 2016: -$26,6142016Revenue 2017: $30,799Expenses 2017: $36,829Net Income 2017: -$6,0302017Revenue 2018: $28,967Expenses 2018: $30,817Net Income 2018: -$1,8502018Revenue 2019: -$140,419Expenses 2019: $5,370Net Income 2019: -$145,7892019Revenue 2020: -$78,454Expenses 2020: $29,753Net Income 2020: -$108,2072020Revenue 2021: $25,958Expenses 2021: $77,400Net Income 2021: -$51,4422021Revenue 2022: -$118,330Expenses 2022: $76,300Net Income 2022: -$194,6302022Revenue 2023: -$63,894Expenses 2023: $31,300Net Income 2023: -$95,1942023Revenue 2024: -$15,403Expenses 2024: $51,300Net Income 2024: -$66,7032024

Highlighted filing

2017

Revenue$30,799
Expenses$36,829
Net Income-$6,030
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$30,799
Mission and Program Overview

Mission

To foster and enhance catholic education in local communities affiliated with the archdiocese of boston massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,059,384$1,100,462▲ $41,078
Savings and Temporary Cash Investments$1,953$1,953→ $0
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,061,337$1,102,415▲ $41,078
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,061,337$1,102,415▲ $41,078
Total Net Assets Fund Balance$1,061,337$1,102,415▲ $41,078
Total Liabilities and Net Assets / Fund Balance$1,061,337$1,102,415▲ $41,078
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$28,896
Other Revenue
$1,903
Change in Net Assets
$-6,030
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$30,000
Other Expenses$6,829
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$30,000--$30,000
Fees for Services Accounting-$2,500-$2,500
Depreciation Depletion-$1,986-$1,986
Interest-$1,874-$1,874
Royalties-$248-$248
Other Expenses-$102-$102
Total Functional Expenses$30,000$6,829$0$36,829
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Immaculate Conception SchoolLowell, MA-Support$30,000
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
Annual disclosure for covered persons
No
Backup withholding compliance
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Disclosure of governing documents, policies and other public information is available upon request.

Filing and Contact Details

Filer

Filer Name
The Catholic Education Foundation
EIN
20-8788352
Phone
6177428831
Address
3 FAYETTE STREET, LOWELL, MA 01852

Signing Officer

Name
Nicholas Sannella
Title
Trustee
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Sannella
Formed
2006
Legal Domicile
Ma
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Edward W Murphy Iii CPA
Address
334 COMMERCIAL STREET, BOSTON, MA 02109
Preparer
Edward W Murphy Iii CPA
Phone
6177428831
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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/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001810
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NICHOLAS SANNELLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CATHOLIC EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF GREATER LOWELL
ReturnHeader/Filer/BusinessNameControlTxt0CATH
ReturnHeader/Filer/EIN0208788352
ReturnHeader/Filer/PhoneNum06177428831
ReturnHeader/Filer/USAddress/AddressLine1Txt03 FAYETTE STREET
ReturnHeader/Filer/USAddress/CityNm0LOWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001852
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463318628
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARD W MURPHY III CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0334 COMMERCIAL STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002109
ReturnHeader/PreparerPersonGrp/PhoneNum06177428831
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD W MURPHY III CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T11:48:43-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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.$1.09$0.00$1.09$0.02$0.05$0.07
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.06$0.03$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.12$0.08$0.19
2021Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.03$0.08$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.08$0.03$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$0.14$0.01$0.15
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.03$0.03$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.03$0.04$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.02$0.01$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.05$0.01$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.04$0.01$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.03$0.01$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.00$0.91$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.00$1.62$0.00