Civic Intelligence

Kennett Education Foundation Inc.

990 • Fiscal year 2016 • EIN 23-3070339

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileKENNETTEDUCATIONFOUNDATION.ORG
PO Box 849Kennett Square, PA 19348

(610) 388-0177

Siviq Scores

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

Liabilities / Assets

50th percentile

0.04x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.22x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

59th percentile

4.9%

Faster asset growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

1.5%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$684,729

Up $31,724 (+4.9%) from 2015

Net Assets

Up

$658,591

Up $112,222 (+21%) from 2015

Liabilities

Down

$26,138

Down $80,498 (-75%) from 2015

Revenue And Expenses
Liabilities / Revenue75th percentileNet Margin96th percentile

Revenue

Up

$117,282

Up $1,720 (+1.5%) from 2015

Expenses

Down

$31,585

Down $18,284 (-37%) from 2015

Net Income

Up

$85,697

Up $20,004 (+30%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth59th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $315,049Liabilities 2010: $0Net Assets 2010: $315,0492010Assets 2011: $362,110Liabilities 2011: $0Net Assets 2011: $362,1102011Assets 2012: $450,791Liabilities 2012: $7,828Net Assets 2012: $442,9632012Assets 2013: $510,204Liabilities 2013: $108,837Net Assets 2013: $401,3672013Assets 2014: $638,446Liabilities 2014: $124,347Net Assets 2014: $514,0992014Assets 2015: $653,005Liabilities 2015: $106,636Net Assets 2015: $546,3692015Assets 2016: $684,729Liabilities 2016: $26,138Net Assets 2016: $658,5912016Assets 2017: $787,754Liabilities 2017: $25Net Assets 2017: $787,7292017Assets 2018: $821,735Liabilities 2018: $3,598Net Assets 2018: $818,1372018Assets 2019: $959,939Liabilities 2019: $25Net Assets 2019: $959,9142019Assets 2020: $1,098,162Liabilities 2020: $0Net Assets 2020: $1,098,1622020Assets 2021: $1,142,632Liabilities 2021: $16,000Net Assets 2021: $1,126,6322021Assets 2022: $1,003,640Liabilities 2022: $0Net Assets 2022: $1,003,6402022Assets 2023: $1,130,344Liabilities 2023: $0Net Assets 2023: $1,130,3442023Assets 2024: $1,180,075Liabilities 2024: $0Net Assets 2024: $1,180,0752024

Highlighted filing

2016

Assets$684,729
Liabilities$26,138
Net Assets$658,591
Open 2016 Filing

Operations Trend

Revenue Growth47th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $196,162Expenses 2010: $115,500Net Income 2010: $80,6622010Revenue 2011: $97,252Expenses 2011: $50,191Net Income 2011: $47,0612011Revenue 2012: $120,139Expenses 2012: $62,044Net Income 2012: $58,0952012Revenue 2013: $121,390Expenses 2013: $208,607Net Income 2013: -$87,2172013Revenue 2014: $229,580Expenses 2014: $73,206Net Income 2014: $156,3742014Revenue 2015: $115,562Expenses 2015: $49,869Net Income 2015: $65,6932015Revenue 2016: $117,282Expenses 2016: $31,585Net Income 2016: $85,6972016Revenue 2017: $185,692Expenses 2017: $78,423Net Income 2017: $107,2692017Revenue 2018: $183,965Expenses 2018: $95,005Net Income 2018: $88,9602018Revenue 2019: $218,723Expenses 2019: $136,341Net Income 2019: $82,3822019Revenue 2020: $200,346Expenses 2020: $128,603Net Income 2020: $71,7432020Revenue 2021: $295,370Expenses 2021: $188,702Net Income 2021: $106,6682021Revenue 2022: $181,384Expenses 2022: $173,397Net Income 2022: $7,9872022Revenue 2023: $246,198Expenses 2023: $220,883Net Income 2023: $25,3152023Revenue 2024: $206,045Expenses 2024: $220,513Net Income 2024: -$14,4682024

Highlighted filing

2016

Revenue$117,282
Expenses$31,585
Net Income$85,697
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$284,120
Mission and Program Overview

Mission

To enhance kindergarten through twelfth grade educational experience in the kennett consolidated school district; provide support for continuing higher education through scholarships and programs; and to promote and reward excellence, creativity and imagination for teachers and community leaders.

The kennett education foundation has partnered with the kennett consolidated school district to encourage innovative ideas, invest in programs that improve academic progress, promote family involvement and recognize the outstanding achievements of educators.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$416,549$440,266▲ $23,717
Investments Other Securities$168,179$175,163▲ $6,984
Cash and Non-Interest-Bearing Accounts$67,077$66,855▼ $222
Accounts Receivable$1,200$2,445▲ $1,245
Total Assets$653,005$684,729▲ $31,724
Liabilities
Other Liabilities$32,578$0▼ $32,578
Grants Payable$74,058$26,138▼ $47,920
Total Liabilities$106,636$26,138▼ $80,498
Net Assets / Fund Balance
Unrestricted Net Assets$410,476$542,613▲ $132,137
Temporarily Rstr Net Assets$135,893$115,978▼ $19,915
Total Net Assets Fund Balance$546,369$658,591▲ $112,222
Total Liabilities and Net Assets / Fund Balance$653,005$684,729▲ $31,724

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$143,366--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Rudolph KarkosakPresident
Dave Schaen1st Vice President
Michael H Finnegan2nd Vice President
Alsion BiloonDirector
Amy DohertyDirector
Ann SchlitzDirector
Ashley HarrisDirector
Barbara DecarloDirector
Deborah SearsDirector
Edward WoodDirector
Elizabeth BlandDirector
Heather ConnollyDirector
Karen BuchananDirector
Laura LindermanDirector
Sally CooninDirector
Sueann HallDirector
Susan W BeardsleyDirector
Toni JarosDirector
Valerie a HarrisDirector
Sue CalioSecretary
Vicki GehrtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$77,730
Program Service Revenue
$50,259
Investment Income
$13,869
Other Revenue
$-24,576
Change in Net Assets
$85,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$20,149
Other Expenses$11,436
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$20,149--$20,149
Office Expenses-$7,626-$7,626
Other Expenses$1,363--$1,363
Advertising-$1,182-$1,182
Fees for Services Other$660--$660
Insurance-$605-$605
Total Functional Expenses$22,172$9,413$0$31,585
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$30,626
Fundraising Gross Income$6,050
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Monster Mash$16,420-$8,026-
Spring Dinner$67,360$6,050$22,600$-16,550
Total Events$83,780$6,050$30,626$-24,576
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
Yes
Audit committee
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 B, Line 11B

“Each year, prior to the submission of the organization's form 990 to the internal revenue service, the executive committee of the board of directors, as disclosed in 990 - schedule o, shall be provided with a copy of the draft form 990 as completed by a certified tax accountant. Committee members shall be provided with at least five business days to review the form and should have an opportunity to raise questions, make suggestions, and address any potential problems or concerns with the finance committee chair, who may confer with accountants and legal counsel of the organization with respect to drafts of the form 990. This process will provide the board the opportunity to review the form 990 while also ensuring that annual filing deadlines may be met. A copy of the filed form 990, if the final version was not circulated prior to filing, shall be made available to the entire board of directors as promptly as reasonably practical after the filing.”

Form 990, Part VI, Section C, Line 19

“All governing documents, the conflict of interest policy, and financial statements are available for public inspection upon request.”

Filing and Contact Details

Filer

Filer Name
Kennett Education Foundation Inc
EIN
23-3070339
Phone
6103880177
Address
PO BOX 849, KENNETT SQUARE, PA 19348

Signing Officer

Name
Rudolph Karkosak
Title
President
Phone
6103880177
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rudolph Karkosak
Formed
2001
Legal Domicile
Pa
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
220

Preparer

Firm
Master Sidlow & Associates Pa
Address
2002 WEST 14TH STREET, WILMINGTON, DE 19806
Preparer
Michael T Mccudden
Phone
3026523480
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization follows professional standards which clarify the accounting for uncertainty in income taxes recognized in the organization's financial statements and prescribe a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken on a tax return. The standards also provide guidance on derecognition and measurement of a tax position taken or expected to be taken on a tax return. The organization files information tax returns in the u.s. Federal jurisdiction. The organization's federal income tax returns for tax years 2014 and beyond remain subject to examination by the internal revenue service. The organization did not have any unrecognized tax benefits as of december 31, 2016 and does not expect this to change significantly over the next twelve months. The association will recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. As of december 31, 2016, the organization has not accrued interest or penalties related to uncertain tax provisions.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt21ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt32ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt077730
IRS990/FundraisingDirectExpensesAmt030626
IRS990/FundraisingGrossIncomeAmt06050
IRS990/GainOrLossGrp/SecuritiesAmt0-1388
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantAmt020149
IRS990/GrantsPayableGrp/BOYAmt074058
IRS990/GrantsPayableGrp/EOYAmt026138
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt020149
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt020149
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0134824
IRS990/GrossReceiptsAmt0284120
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0605
IRS990/InsuranceGrp/TotalAmt0605
IRS990/InvestmentIncomeGrp/ExclusionAmt015257
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015257
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0168179
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0175163
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0416549
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0440266
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0136212
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE KINDERGARTEN THROUGH TWELFTH GRADE EDUCATIONAL EXPERIENCE IN THE KENNETT CONSOLIDATED SCHOOL DISTRICT; PROVIDE SUPPORT FOR CONTINUING HIGHER EDUCATION THROUGH SCHOLARSHIPS AND PROGRAMS; AND TO PROMOTE AND REWARD EXCELLENCE, CREATIVITY AND IMAGINATION FOR TEACHERS AND COMMUNITY LEADERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0546369
IRS990/NetAssetsOrFundBalancesEOYAmt0658591
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-1388
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-1388
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-24576
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-24576
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt026525
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07626
IRS990/OfficeExpensesGrp/TotalAmt07626
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LEGAL FEES
IRS990/OtherExpensesGrp/ProgramServicesAmt01363
IRS990/OtherExpensesGrp/TotalAmt01363
IRS990/OtherLiabilitiesGrp/BOYAmt032578
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RUDOLPH KARKOSAK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/Desc0CONTRIBUTION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt050259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt050259
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt058138
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt033238
IRS990/PYInvestmentIncomeAmt027832
IRS990/PYOtherExpensesAmt016631
IRS990/PYOtherRevenueAmt0-15620
IRS990/PYProgramServiceRevenueAmt045212
IRS990/PYRevenuesLessExpensesAmt065693
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt049869
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0115562
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt085697
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt050259
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt019040
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt013700
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt011020
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt012500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt066260
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt050259
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt042212
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt095597
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt046650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt049016
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0283734
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt015257
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt024472
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019133
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt017618
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015129
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt091609
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt077730
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058138
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt059120
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt068531
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt058785
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0322304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt015257
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt024472
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019133
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt017618
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt015129
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt091609
IRS990ScheduleA/InvestmentIncomeCYPct00.13130
IRS990ScheduleA/InvestmentIncomePYPct00.33660
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0115
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0115
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.77360
IRS990ScheduleA/PublicSupportPY509Pct00.51940
IRS990ScheduleA/PublicSupportTotal509Amt0539778
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt019040
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt013700
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt011020
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt012500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt066260
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0127989
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0100350
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0154717
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0115181
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0107801
IRS990ScheduleA/Total509Grp/TotalAmt0606038
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0143246
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0124822
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0173965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0132799
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0122930
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0697762
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/FootnoteTextInd0X
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt031797
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1143366
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FIXED ANNUITY
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VARIABLE ANNUITY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS PROFESSIONAL STANDARDS WHICH CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS AND PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE STANDARDS ALSO PROVIDE GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE ORGANIZATION FILES INFORMATION TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION'S FEDERAL INCOME TAX RETURNS FOR TAX YEARS 2014 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2016 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE ASSOCIATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF DECEMBER 31, 2016, THE ORGANIZATION HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX PROVISIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$684,729
Liabilities
$26,138
Net assets
$658,591
Revenue
$117,282
Expenses
$31,585
Net income
$85,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.21$0.22$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.25$0.22$0.03
2022Detailed filing. Detailed filing data is available for this year.$1.00$0.00$1.00$0.18$0.17$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.02$1.13$0.30$0.19$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$0.20$0.13$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.22$0.14$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.18$0.10$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.19$0.08$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.03$0.66$0.12$0.03$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.65$0.11$0.55$0.12$0.05$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.64$0.12$0.51$0.23$0.07$0.16
2013Detailed filing. Detailed filing data is available for this year.$0.51$0.11$0.40$0.12$0.21$0.09
2012Summary only. Only limited summary data is available for this year.$0.45$0.01$0.44$0.12$0.06$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.00$0.36$0.10$0.05$0.05
2010Summary only. Only limited summary data is available for this year.$0.32$0.00$0.32$0.20$0.12$0.08