Civic Intelligence

Girard College Foundation

990 • Fiscal year 2017 • EIN 23-2987485

Jul 01, 2016 to Jun 30, 2017 • Filed on May 08, 2018

2101 South College AvenuePhiladelphia, PA 19121

(215) 787-4442

Siviq Scores

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

Liabilities / Assets

44th percentile

0.06x

Higher debt load relative to assets than 44% of similar nonprofits.

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

Liabilities / Revenue

65th percentile

0.22x

Higher debt load relative to revenue than 65% of similar nonprofits.

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

Net Margin

66th percentile

10%

Higher net margin than 66% 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

71st percentile

12%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

79th percentile

28%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Up

$3,312,420

Up $352,461 (+12%) from 2016

Net Assets

Up

$3,104,402

Up $336,078 (+12%) from 2016

Liabilities

Up

$208,018

Up $16,383 (+8.5%) from 2016

Revenue

Up

$964,384

Up $212,312 (+28%) from 2016

Expenses

Down

$867,000

Down $185,264 (-18%) from 2016

Net Income

Up

$97,384

Up $397,576 (+132%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,393,388Liabilities 2010: $136,307Net Assets 2010: $2,257,0812010Assets 2011: $2,644,595Liabilities 2011: $95,132Net Assets 2011: $2,549,4632011Assets 2012: $3,142,510Liabilities 2012: $780,950Net Assets 2012: $2,361,5602012Assets 2013: $2,960,112Liabilities 2013: $477,796Net Assets 2013: $2,482,3162013Assets 2014: $3,401,981Liabilities 2014: $256,706Net Assets 2014: $3,145,2752014Assets 2015: $3,244,829Liabilities 2015: $79,513Net Assets 2015: $3,165,3162015Assets 2016: $2,959,959Liabilities 2016: $191,635Net Assets 2016: $2,768,3242016Assets 2017: $3,312,420Liabilities 2017: $208,018Net Assets 2017: $3,104,4022017Assets 2018: $3,529,180Liabilities 2018: $58,875Net Assets 2018: $3,470,3052018Assets 2019: $4,151,727Liabilities 2019: $442,016Net Assets 2019: $3,709,7112019Assets 2020: $4,200,738Liabilities 2020: $330,353Net Assets 2020: $3,870,3852020Assets 2021: $5,446,659Liabilities 2021: $227,979Net Assets 2021: $5,218,6802021Assets 2022: $4,333,566Liabilities 2022: $160,556Net Assets 2022: $4,173,0102022Assets 2023: $4,636,333Liabilities 2023: $191,569Net Assets 2023: $4,444,7642023Assets 2024: $5,163,031Liabilities 2024: $184,128Net Assets 2024: $4,978,9032024

Highlighted filing

2017

Assets$3,312,420
Liabilities$208,018
Net Assets$3,104,402

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $570,0202010Expenses 2011: $869,8482011Revenue 2012: $663,817Expenses 2012: $917,940Net Income 2012: -$254,1232012Revenue 2013: $687,774Expenses 2013: $831,248Net Income 2013: -$143,4742013Revenue 2014: $885,560Expenses 2014: $562,701Net Income 2014: $322,8592014Revenue 2015: $757,696Expenses 2015: $758,359Net Income 2015: -$6632015Revenue 2016: $752,072Expenses 2016: $1,052,264Net Income 2016: -$300,1922016Revenue 2017: $964,384Expenses 2017: $867,000Net Income 2017: $97,3842017Revenue 2018: $977,145Expenses 2018: $733,895Net Income 2018: $243,2502018Revenue 2019: $1,856,629Expenses 2019: $854,549Net Income 2019: $1,002,0802019Revenue 2020: $1,322,978Expenses 2020: $1,300,023Net Income 2020: $22,9552020Revenue 2021: $1,521,357Expenses 2021: $1,100,327Net Income 2021: $421,0302021Revenue 2022: $1,310,639Expenses 2022: $1,709,665Net Income 2022: -$399,0262022Revenue 2023: $1,006,959Expenses 2023: $1,014,049Net Income 2023: -$7,0902023Revenue 2024: $741,438Expenses 2024: $750,432Net Income 2024: -$8,9942024

Highlighted filing

2017

Revenue$964,384
Expenses$867,000
Net Income$97,384
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 8, 2018
Return Version
2016v3.0
Gross Receipts
$964,384
Mission and Program Overview

Mission

To promote and enhance the educational facilities and services provided to the students of girard college (an elementary and secondary school) and other philadelphia area schools by raising funds from the alumni and friends for these institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,158,287$2,408,039▲ $249,752
Savings and Temporary Cash Investments$400,495$470,375▲ $69,880
Pledges and Grants Receivable-$785-
Total Assets$2,959,959$3,312,420▲ $352,461
Other Assets Total$401,177$433,221▲ $32,044
Liabilities
Grants Payable$155,678$170,419▲ $14,741
Accounts Payable and Accrued Expenses$35,957$37,599▲ $1,642
Total Liabilities$191,635$208,018▲ $16,383
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,910,650$2,089,819▲ $179,169
Unrestricted Net Assets$770,826$927,735▲ $156,909
Permanently Rstr Net Assets$86,848$86,848→ $0
Total Net Assets Fund Balance$2,768,324$3,104,402▲ $336,078
Total Liabilities and Net Assets / Fund Balance$2,959,959$3,312,420▲ $352,461

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$423,142--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$149,798-▲ $16,918-$166,716
2015$337,039-▼ $1,734-$149,798
2014$329,490-▲ $11,674$4,125$337,039
2013$294,052$5,000▲ $50,172$19,734$329,490
2012$256,321$6,278▲ $32,953$1,500$294,052
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph SamuelPresident
Harold Jacobs EsqVice President
Clay ArmbristerDirector
JAMES O'NEILLDirector
John LeoneDirector
Omar T WoodardDirector
Peter W ShoemakerDirector
Samuel WeinerDirector
Steven E SpencerDirector
Dennis KelleherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$920,385
Program Service Revenue
$0
Investment Income
$43,999
Other Revenue
$0
All Other Contributions
$882,385
Change in Net Assets
$97,384

Audited Revenue Reconciliation

Revenue per Audited Statements
$964,384
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$489,075
Total Revenue per Audited Statements
$1,453,459
Total Revenue per Form 990
$964,384
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$835,311
Other Expenses$31,689
Total Fundraising Expense$4,990
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$835,311--$835,311
Fees for Services Accounting-$18,200-$18,200
Fees for Services Other-$8,499-$8,499
Other Expenses--$2,193$2,193
Total Functional Expenses$835,311$26,699$4,990$867,000

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,117,381
Expenses per Audited Statements$867,000
Total Expenses per Form 990$867,000
Expenses Not Reported on Form 990$250,381
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Girard CollegePhiladelphia, PA501(c)(3)For Tuition Assistance for Students Attending Girard College.$835,311
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
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
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

The return preparer provides a copy of the final version of form 990 to girard estate who forwards a copy to the entire board of directors before filing the 990. All questions are addressed and resolved prior to filing the return. Girard estate also reviews the final version of form 990 to ensure it includes and represents all information required by the irs and proper amounts are included.

Form 990, Part VI, Section C, Line 19

The girard college foundation makes its governing documents and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Girard College Foundation
EIN
23-2987485
Phone
2157874442
Address
2101 SOUTH COLLEGE AVENUE, PHILADELPHIA, PA 19121

Signing Officer

Name
Dennis Kelleher
Title
Treasurer
Phone
2157874442
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Kelleher
Formed
1998
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Friedman Llp
Address
2000 MARKET STREET SUITE 500, PHILADELPHIA, PA 19103
Preparer
Marie Decicco
Phone
2154969200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of split interest agreement 24,430.

Financial Statement Notes

PART V, LINE 4:

The intended use of the organization's endowment funds is to provide annual scholarships, recognize academic achievements and to support the counseling and family services department of girard college, with a special emphasis on children suffering from anxiety and depression disorders.

PART X, LINE 2:

Uncertain tax positions: management of the foundation considers the likelihood of changes by taxing authorities in its filed informational returns and recognizes a liability for or discloses potential significant changes that management believes are more likely than not to occur, including changes to the foundation's status as a not-for-profit entity. Management believes the foundation met the requirements to maintain its tax-exempt status and has no income subject to unrelated business income tax. Therefore, no provision for income taxes has been provided in these financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Increase in value of split interest agreement 24,430.

Raw XML AppendixShowing 400 of 461 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/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
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IRS990/PrincipalOfficerNm0DENNIS KELLEHER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0PENNSYLVANIA OPPORTUNITY SCHOLARSHIP TAX CREDIT PROGRAM:THE PROGRAM PROVIDES TAX CREDITS TO ELIGIBLE BUSINESSES CONTRIBUTING TO AN OPPORTUNITY SCHOLARSHIP ORGANIZATION. BUSINESS CONTRIBUTIONS ARE THEN USED BY OPPORTUNITY SCHOLARSHIP ORGANIZATIONS TO PROVIDE TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE STUDENTS RESIDING WITHIN THE BOUNDARIES OF A LOW-ACHIEVING SCHOOL IN THE COMMONWEALTH OF PENNSYLVANIA TO ATTEND ANOTHER PUBLIC SCHOOL OUTSIDE OF THEIR DISTRICT OR NONPUBLIC SCHOOL. A LOW-ACHIEVING SCHOOL IS DEFINED AS A PUBLIC ELEMENTARY OR SECONDARY SCHOOL RANKING IN THE BOTTOM 15 PERCENT OF THEIR DESIGNATION AS AN ELEMENTARY OR SECONDARY SCHOOL BASED UPON COMBINED MATH AND READING PENNSYLVANIA SYSTEM OF SCHOOL ASSESSMENT (PSSA) SCORES. THE GIRARD COLLEGE FOUNDATION IS AN OPPORTUNITY SCHOLARSHIP ORGANIZATION AND USED THESE PROCEEDS TO PROVIDE APPROXIMATELY 70 PARTIAL SCHOLARSHIPS TO STUDENTS THAT ATTENDED GIRARD COLLEGE DURING THE 2016-2017 SCHOOL YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0640000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0640000
IRS990/ProgSrvcAccomActy3Grp/Desc0PENNSYLVANIA EDUCATIONAL IMPROVEMENT TAX CREDIT PROGRAM:THIS PROGRAM PROVIDES TAX CREDITS TO ELIGIBLE BUSINESSES CONTRIBUTING TO SCHOLARSHIP ORGANIZATIONS AND/OR EDUCATIONAL IMPROVEMENT ORGANIZATIONS AND/OR PRE-K SCHOLARSHIP ORGANIZATIONS CONTAINED ON A LIST PUBLISHED BY THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT. BUSINESS CONTRIBUTIONS ARE THEN USED BY SCHOLARSHIP ORGANIZATIONS AND/OR EDUCATIONAL IMPROVEMENT ORGANIZATIONS AND/OR PRE-K SCHOLARSHIP ORGANIZATIONS TO PROVIDE TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE STUDENTS RESIDING WITHIN THE COMMONWEALTH OF PENNSYLVANIA.THE GIRARD COLLEGE FOUNDATION IS A SCHOLARSHIP ORGANIZATION AND USED THESE PROCEEDS TO PROVIDE APPROXIMATELY FIVE (5) PARTIAL SCHOLARSHIPS TO STUDENTS THAT ATTENDED GIRARD COLLEGE DURING THE 2016-2017 SCHOOL YEAR.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt012500
IRS990/ProgSrvcAccomActy3Grp/GrantAmt012500
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VARIOUS PROGRAMS THAT PROMOTE AND ENHANCE BOTH THE EDUCATIONAL FACILITIES AND SERVICES PROVIDED TO STUDENTS AT GIRARD COLLEGE. APPROXIMATELY EIGHT (8) STUDENTS BENEFITED FROM OTHER PROGRAMS IN THE FISCAL YEAR ENDING JUNE 30, 2017.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0164443
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0164443
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0721190
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01019052
IRS990/PYInvestmentIncomeAmt030882
IRS990/PYOtherExpensesAmt033212
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-300192
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01052264
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0752072
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt097384
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0400495
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0470375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0920385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0721190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0714937
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0856476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0639961
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03852949
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043999
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030882
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt042759
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt028812
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt043653
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0190105
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0128252
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64690
IRS990ScheduleA/PublicSupportPY170Pct00.83780
IRS990ScheduleA/PublicSupportTotal170Amt02615532
IRS990ScheduleA/SubstantialContributorsTotAmt01237417
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0920385
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0721190
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0714937
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0856476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0639961
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03852949
IRS990ScheduleA/TotalSupportAmt04043054
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/CYEndwmtFundGrp/BeginningYearBalanceAmt0149798
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0166716
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt016918
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0337039
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0149798
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0185507
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1734
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0329490
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0337039
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011674
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt04125
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0294052
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0329490
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt050172
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt019734
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0256321
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt06278
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0294052
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032953
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01500
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0250381
IRS990ScheduleD/DonatedServicesUseFcltsAmt0250381
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt0250381
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0867000
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0214264
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010079
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1423142
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT INCOME RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1BENEFICIAL INTEREST IN SPLIT INTEREST AGREEMENT
IRS990ScheduleD/OtherRevenueAmt024430
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.52090
IRS990ScheduleD/RevenueNotReportedAmt0489075
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0964384
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE ANNUAL SCHOLARSHIPS, RECOGNIZE ACADEMIC ACHIEVEMENTS AND TO SUPPORT THE COUNSELING AND FAMILY SERVICES DEPARTMENT OF GIRARD COLLEGE, WITH A SPECIAL EMPHASIS ON CHILDREN SUFFERING FROM ANXIETY AND DEPRESSION DISORDERS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNCERTAIN TAX POSITIONS: MANAGEMENT OF THE FOUNDATION CONSIDERS THE LIKELIHOOD OF CHANGES BY TAXING AUTHORITIES IN ITS FILED INFORMATIONAL RETURNS AND RECOGNIZES A LIABILITY FOR OR DISCLOSES POTENTIAL SIGNIFICANT CHANGES THAT MANAGEMENT BELIEVES ARE MORE LIKELY THAN NOT TO OCCUR, INCLUDING CHANGES TO THE FOUNDATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. MANAGEMENT BELIEVES THE FOUNDATION MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS AND HAS NO INCOME SUBJECT TO UNRELATED BUSINESS INCOME TAX. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THESE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2INCREASE IN VALUE OF SPLIT INTEREST AGREEMENT 24,430.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.47910
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0433221
IRS990ScheduleD/TotalExpensesPerForm990Amt0867000
IRS990ScheduleD/TotalRevenuePerForm990Amt0964384
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01453459
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01117381
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0835311
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR TUITION ASSISTANCE FOR STUDENTS ATTENDING GIRARD COLLEGE.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GIRARD COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0232712327
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02101 S COLLEGE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd019121
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PER OUR MISSION, WE ARE RAISING FUNDS SPECIFICALLY FOR GIRARD COLLEGE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART I, LINE 2.
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN PREPARER PROVIDES A COPY OF THE FINAL VERSION OF FORM 990 TO GIRARD ESTATE WHO FORWARDS A COPY TO THE ENTIRE BOARD OF DIRECTORS BEFORE FILING THE 990. ALL QUESTIONS ARE ADDRESSED AND RESOLVED PRIOR TO FILING THE RETURN. GIRARD ESTATE ALSO REVIEWS THE FINAL VERSION OF FORM 990 TO ENSURE IT INCLUDES AND REPRESENTS ALL INFORMATION REQUIRED BY THE IRS AND PROPER AMOUNTS ARE INCLUDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GIRARD COLLEGE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 24,430.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/StatesWhereCopyOfReturnIsFldCd1AZ
IRS990/StatesWhereCopyOfReturnIsFldCd2FL
IRS990/StatesWhereCopyOfReturnIsFldCd3GA
IRS990/StatesWhereCopyOfReturnIsFldCd4ME
IRS990/StatesWhereCopyOfReturnIsFldCd5MD
IRS990/StatesWhereCopyOfReturnIsFldCd6MA
IRS990/StatesWhereCopyOfReturnIsFldCd7MI
IRS990/StatesWhereCopyOfReturnIsFldCd8MN
IRS990/StatesWhereCopyOfReturnIsFldCd9MS
IRS990/StatesWhereCopyOfReturnIsFldCd10NH
IRS990/StatesWhereCopyOfReturnIsFldCd11NJ
IRS990/StatesWhereCopyOfReturnIsFldCd12NY
IRS990/StatesWhereCopyOfReturnIsFldCd13NC
IRS990/StatesWhereCopyOfReturnIsFldCd14OH
IRS990/StatesWhereCopyOfReturnIsFldCd15SC
IRS990/StatesWhereCopyOfReturnIsFldCd16VA
IRS990/StatesWhereCopyOfReturnIsFldCd17WA
IRS990/StatesWhereCopyOfReturnIsFldCd18WI
IRS990/StatesWhereCopyOfReturnIsFldCd19AL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01910650
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt02089819
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02959959
IRS990/TotalAssetsEOYAmt03312420
IRS990/TotalAssetsGrp/BOYAmt02959959
IRS990/TotalAssetsGrp/EOYAmt03312420
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0920385
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04990
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026699
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0835311
IRS990/TotalFunctionalExpensesGrp/TotalAmt0867000
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0191635
IRS990/TotalLiabilitiesEOYAmt0208018
IRS990/TotalLiabilitiesGrp/BOYAmt0191635
IRS990/TotalLiabilitiesGrp/EOYAmt0208018
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02768324
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03104402
IRS990/TotalOtherCompensationAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.16$0.18$4.98$0.74$0.75$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.64$0.19$4.44$1.01$1.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.33$0.16$4.17$1.31$1.71$0.40
2021Detailed filing. Detailed filing data is available for this year.$5.45$0.23$5.22$1.52$1.10$0.42
2020Detailed filing. Detailed filing data is available for this year.$4.20$0.33$3.87$1.32$1.30$0.02
2019Detailed filing. Detailed filing data is available for this year.$4.15$0.44$3.71$1.86$0.85$1.00
2018Detailed filing. Detailed filing data is available for this year.$3.53$0.06$3.47$0.98$0.73$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.31$0.21$3.10$0.96$0.87$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.96$0.19$2.77$0.75$1.05$0.30
2015Summary only. Only limited summary data is available for this year.$3.24$0.08$3.17$0.76$0.76$0.00
2014Detailed filing. Detailed filing data is available for this year.$3.40$0.26$3.15$0.89$0.56$0.32
2013Summary only. Only limited summary data is available for this year.$2.96$0.48$2.48$0.69$0.83$0.14
2012Summary only. Only limited summary data is available for this year.$3.14$0.78$2.36$0.66$0.92$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$0.10$2.55$0.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.14$2.26$0.57