Civic Intelligence

Stegall Seminary Scholarship Endowment Foundation

990 • Fiscal year 2018 • EIN 20-8956069

Jan 01, 2018 to Dec 31, 2018 • Filed on May 22, 2019

8300 Marsh Pointe DriveMontgomery, AL 36117

(334) 271-3409

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

76th percentile

13%

Faster asset growth than 76% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

54%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$4,816,560

Up $543,986 (+13%) from 2017

Net Assets

Up

$4,816,560

Up $543,986 (+13%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$1,139,922

Up $400,208 (+54%) from 2017

Expenses

Up

$595,936

Up $76,753 (+15%) from 2017

Net Income

Up

$543,986

Up $323,455 (+147%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $2,617,662Liabilities 2011: $63,698Net Assets 2011: $2,553,9642011Assets 2012: $3,207,449Liabilities 2012: $33,760Net Assets 2012: $3,173,6892012Assets 2013: $3,375,242Liabilities 2013: $0Net Assets 2013: $3,375,2422013Assets 2014: $3,647,270Liabilities 2014: $0Net Assets 2014: $3,647,2702014Assets 2015: $3,778,035Liabilities 2015: $0Net Assets 2015: $3,778,0352015Assets 2016: $4,052,043Liabilities 2016: $0Net Assets 2016: $4,052,0432016Assets 2017: $4,272,574Liabilities 2017: $0Net Assets 2017: $4,272,5742017Assets 2018: $4,816,560Liabilities 2018: $0Net Assets 2018: $4,816,5602018Assets 2019: $5,228,493Liabilities 2019: $0Net Assets 2019: $5,228,4932019Assets 2020: $7,779,905Liabilities 2020: $2,200Net Assets 2020: $7,777,7052020Assets 2021: $7,939,280Liabilities 2021: $0Net Assets 2021: $7,939,2802021Assets 2022: $7,882,448Liabilities 2022: $2,354Net Assets 2022: $7,880,0942022Assets 2023: $7,992,246Liabilities 2023: $0Net Assets 2023: $7,992,2462023Assets 2024: $8,104,694Liabilities 2024: $0Net Assets 2024: $8,104,6942024

Highlighted filing

2018

Assets$4,816,560
Liabilities$0
Net Assets$4,816,560

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $506,557Expenses 2011: $223,549Net Income 2011: $283,0082011Expenses 2012: $291,0672012Revenue 2013: $546,708Expenses 2013: $354,793Net Income 2013: $191,9152013Revenue 2014: $697,501Expenses 2014: $425,473Net Income 2014: $272,0282014Revenue 2015: $577,883Expenses 2015: $447,118Net Income 2015: $130,7652015Revenue 2016: $738,238Expenses 2016: $464,230Net Income 2016: $274,0082016Revenue 2017: $739,714Expenses 2017: $519,183Net Income 2017: $220,5312017Revenue 2018: $1,139,922Expenses 2018: $595,936Net Income 2018: $543,9862018Revenue 2019: $954,257Expenses 2019: $542,324Net Income 2019: $411,9332019Revenue 2020: $930,804Expenses 2020: $480,379Net Income 2020: $450,4252020Revenue 2021: $688,672Expenses 2021: $527,097Net Income 2021: $161,5752021Revenue 2022: $548,376Expenses 2022: $607,562Net Income 2022: -$59,1862022Revenue 2023: $648,913Expenses 2023: $536,761Net Income 2023: $112,1522023Revenue 2024: $635,973Expenses 2024: $523,525Net Income 2024: $112,4482024

Highlighted filing

2018

Revenue$1,139,922
Expenses$595,936
Net Income$543,986
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 22, 2019
Return Version
2018v3.1
Gross Receipts
$1,139,922
Mission and Program Overview

Mission

NONE

Pay qualified educational expenses for the benefit of united methodist seminary students from the alabama/west florida geographic region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,272,574$4,816,560▲ $543,986
Investments Program Related$3,514,673$3,664,673▲ $150,000
Savings and Temporary Cash Investments$756,256$1,150,610▲ $394,354
Land, Buildings, and Equipment, Net$1,645$1,277▼ $368
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$4,272,574$4,816,560▲ $543,986
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,272,574$4,816,560▲ $543,986
Total Liabilities and Net Assets / Fund Balance$4,272,574$4,816,560▲ $543,986

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,277$4,486$5,763
Investment Program Related Org$3,664,673--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Karl K StegallPresident
Brenda B StegallBoard Member
Charles E AdairBoard Member
Clark SahlieBoard Member
David SalibaBoard Member
Eileene GriffithBoard Member
George T GoodwynBoard Member
Jeremy PridgeonBoard Member
Kevin HaynesBoard Member
Laura CrumBoard Member
Patrick QuinnBoard Member
Paulette ThompsonBoard Member
Robin WilsonBoard Member
Temple MillsapBoard Member
Tony McculloughBoard Member
William CanaryBoard Member
Terry MitchellVP, Treasurer, Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,131,162
Program Service Revenue
$0
Investment Income
$8,760
Other Revenue
$0
All Other Contributions
$1,131,162
Change in Net Assets
$543,986

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded4$30,315Selling Price of Stock
Total Noncash Contributions4$30,315-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$474,999
Other Expenses$120,937
Total Fundraising Expense$85,929
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$474,999--$474,999
Conferences and Meetings--$49,074$49,074
Travel$14,550-$14,550$29,100
Advertising--$15,219$15,219
Fees for Services Other-$11,951-$11,951
Office Expenses$2,014$594$3,286$5,894
Other Expenses-$654$3,800$4,454
Insurance-$2,908-$2,908
Fees for Services Accounting-$1,970-$1,970
Depreciation Depletion-$367-$367
Total Functional Expenses$491,563$18,444$85,929$595,936
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
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 A, Line 2

Karl stegall and brenda stegall are related as husband and wife. Kevin haynes is married to a daughter of karl and brenda stegall. Tony mccollough is married to a daughter of karl and brenda stegall.

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

The form 990 is reviewed by the vice-president prior to filing the form.

Form 990, Part VI, Section B, Line 15

No compensation is paid to any officers, directors, or key employees.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the public upon request. The organization does not have a conflict of interest policy or financial statements.

Filing and Contact Details

Filer

Filer Name
Stegall Seminary Scholarship Endowment
EIN
20-8956069
Phone
3342713409
Address
8300 MARSH POINTE DRIVE, MONTGOMERY, AL 36117

Signing Officer

Name
Dr Karl Stegall
Title
Vice-president & Treasurer
Phone
3342713409
Signed
2019-05-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Karl Stegall
Formed
2007
Legal Domicile
Al
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
24

Preparer

Firm
Jackson Thornton & Co Pc
Address
PO BOX 96, MONTGOMERY, AL 36101-0096
Preparer
Rita O Brown
Phone
3348347660
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0DR KARL STEGALL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0735390
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0408165
IRS990/PYInvestmentIncomeAmt04324
IRS990/PYOtherExpensesAmt0111018
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0220531
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0519183
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0739714
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0543986
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04272574
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04816560
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0756256
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01150610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01131162
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0729815
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0730496
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0575873
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0696467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03863813
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt08760
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04324
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02892
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02010
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01034
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt019020
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.83100
IRS990ScheduleA/PublicSupportPY170Pct00.91860
IRS990ScheduleA/PublicSupportTotal170Amt03226619
IRS990ScheduleA/SubstantialContributorsTotAmt0637194
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01131162
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0729815
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0730496
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0575873
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0696467
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03863813
IRS990ScheduleA/TotalSupportAmt03882833
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01277
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04486
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05763
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03664673
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0GENERAL BOARD OF PENSIONS FUND
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01277
IRS990ScheduleD/TotalBookValueProgramRltdAmt03664673
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0474999
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EDUCATIONAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt084
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THERE IS NO FORMAL PROCEDURE FOR MONITORING THE USE OF THE FUNDS. HOWEVER, THE PRESIDENT OF THE ORGANIZATION VISITS WITH THE SEMINARY STUDENTS THAT RECEIVE ASSISTANCE AT WHICH TIME HE EVALUATES THEIR FINANCIAL NEEDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/ContributionCnt04
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/MethodOfDeterminingRevenuesTxt0SELLING PRICE OF STOCK
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NonCashCheckboxInd0X
IRS990ScheduleM/SecuritiesPubliclyTradedGrp/NoncashContributionsRptF990Amt030315
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0KARL STEGALL AND BRENDA STEGALL ARE RELATED AS HUSBAND AND WIFE. KEVIN HAYNES IS MARRIED TO A DAUGHTER OF KARL AND BRENDA STEGALL. TONY MCCOLLOUGH IS MARRIED TO A DAUGHTER OF KARL AND BRENDA STEGALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE VICE-PRESIDENT PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO COMPENSATION IS PAID TO ANY OFFICERS, DIRECTORS, OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS.
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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04272574
IRS990/TotalAssetsEOYAmt04816560
IRS990/TotalAssetsGrp/BOYAmt04272574
IRS990/TotalAssetsGrp/EOYAmt04816560
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01131162
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt085929
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018444
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0491563
IRS990/TotalFunctionalExpensesGrp/TotalAmt0595936
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04272574
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04816560
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0491563
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08760
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01139922
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt024
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04272574
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04816560
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt014550
IRS990/TravelGrp/ProgramServicesAmt014550
IRS990/TravelGrp/TotalAmt029100
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08300 MARSH POINTE DRIVE
IRS990/USAddress/CityNm0MONTGOMERY
IRS990/USAddress/StateAbbreviationCd0AL
IRS990/USAddress/ZIPCd036117
IRS990/VotingMembersGoverningBodyCnt017
IRS990/VotingMembersIndependentCnt017
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DR KARL STEGALL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.10$0.00$8.10$0.64$0.52$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.99$0.00$7.99$0.65$0.54$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$0.00$7.88$0.55$0.61$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.94$0.00$7.94$0.69$0.53$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.78$0.00$7.78$0.93$0.48$0.45
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.23$0.00$5.23$0.95$0.54$0.41
2018Detailed filing. Detailed filing data is available for this year.$4.82$0.00$4.82$1.14$0.60$0.54
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.27$0.00$4.27$0.74$0.52$0.22
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.05$0.00$4.05$0.74$0.46$0.27
2015Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.78$0.58$0.45$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.65$0.00$3.65$0.70$0.43$0.27
2013Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.55$0.35$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$0.03$3.17$0.29
2011Summary only. Only limited summary data is available for this year.$2.62$0.06$2.55$0.51$0.22$0.28