Civic Intelligence

Archdiocesan Educational Fund Co Wells Fargo - Matthew Mccloskey

990 • Fiscal year 2017 • EIN 23-6445582

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 05, 2018

Organization ProfileN/A
115 Bloomingdale AvenueWayne, PA 19087

(610) 502-5310

Siviq Scores

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

Liabilities / Assets

2nd percentile

0.00x

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

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Liabilities / Revenue

2nd percentile

0.00x

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

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2017 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2017

Asset Growth

75th percentile

13%

Faster asset growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Revenue Growth

19th percentile

-5.9%

Faster revenue growth than 19% of similar nonprofits.

2017 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets2nd percentile

Assets

Up

$59,276,633

Up $6,833,584 (+13%) from 2016

Net Assets

Up

$59,276,633

Up $6,833,584 (+13%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue2nd percentileNet Margin88th percentile

Revenue

Down

$2,987,269

Down $187,279 (-5.9%) from 2016

Expenses

Up

$1,781,276

Up $124,246 (+7.5%) from 2016

Net Income

Down

$1,205,993

Down $311,525 (-21%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$100M$50M$0Assets 2013: $45,051,138Liabilities 2013: $0Net Assets 2013: $45,051,1382013Assets 2014: $52,562,521Liabilities 2014: $0Net Assets 2014: $52,562,5212014Assets 2015: $54,033,598Liabilities 2015: $0Net Assets 2015: $54,033,5982015Assets 2016: $52,443,049Liabilities 2016: $0Net Assets 2016: $52,443,0492016Assets 2017: $59,276,633Liabilities 2017: $0Net Assets 2017: $59,276,6332017Assets 2018: $69,261,925Liabilities 2018: $73,547Net Assets 2018: $69,188,3782018Assets 2019: $72,893,448Liabilities 2019: $54,938Net Assets 2019: $72,838,5102019Assets 2020: $74,679,202Liabilities 2020: $208,606Net Assets 2020: $74,470,5962020Assets 2021: $95,077,481Liabilities 2021: $235,371Net Assets 2021: $94,842,1102021Assets 2024: $91,988,146Liabilities 2024: $5,750Net Assets 2024: $91,982,3962024

Highlighted filing

2017

Assets$59,276,633
Liabilities$0
Net Assets$59,276,633
Open 2017 Filing

Operations Trend

Revenue Growth19th percentile

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

$10M$5.0M$0Expenses 2013: $1,480,1812013Revenue 2014: $3,396,856Expenses 2014: $1,546,837Net Income 2014: $1,850,0192014Revenue 2015: $3,742,383Expenses 2015: $1,572,730Net Income 2015: $2,169,6532015Revenue 2016: $3,174,548Expenses 2016: $1,657,030Net Income 2016: $1,517,5182016Revenue 2017: $2,987,269Expenses 2017: $1,781,276Net Income 2017: $1,205,9932017Revenue 2018: $5,600,310Expenses 2018: $1,782,988Net Income 2018: $3,817,3222018Revenue 2019: $6,656,997Expenses 2019: $1,682,806Net Income 2019: $4,974,1912019Revenue 2020: $4,843,445Expenses 2020: $2,136,775Net Income 2020: $2,706,6702020Revenue 2021: $5,891,858Expenses 2021: $2,205,066Net Income 2021: $3,686,7922021Revenue 2024: $8,431,640Expenses 2024: $3,010,966Net Income 2024: $5,420,6742024

Highlighted filing

2017

Revenue$2,987,269
Expenses$1,781,276
Net Income$1,205,993
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 5, 2018
Return Version
2016v3.0
Gross Receipts
$17,190,696
Mission and Program Overview

Mission

The archdiocesan education fund is operated exclusively for religious, educational, charitable and scientific purposes in that it is operated so as to provide financial support and assistance to the general educational programs and activities conducted by the roman catholic archdiocese of philadelphia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$48,209,204$54,754,143▲ $6,544,939
Cash and Non-Interest-Bearing Accounts$4,233,845$4,522,490▲ $288,645
Savings and Temporary Cash Investments-$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$52,443,049$59,276,633▲ $6,833,584
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$52,443,049$59,276,633▲ $6,833,584
Total Net Assets Fund Balance$52,443,049$59,276,633▲ $6,833,584
Total Liabilities and Net Assets / Fund Balance$52,443,049$59,276,633▲ $6,833,584
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Archbishop Charles ChaputChairman
Matthew H Mccloskey IvPresident
Bishop Michael J FitzgeraldVice President
Andrew MccloskeySecretary/TREAS

Highest Paid Contractors

ContractorServicesLocationCompensation
First Clearing CorporationInvestment Fees-$432,769
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,987,269
Other Revenue
$0
Change in Net Assets
$1,205,993

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,987,269
Revenue Not Reported on Form 990
$5,627,591
Total Revenue per Audited Statements
$8,614,860
Total Revenue per Form 990
$2,987,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,272,026
Other Expenses$509,250
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,272,026--$1,272,026
Fees for Service Investment Mgmnt Fees-$432,769-$432,769
Other Expenses-$33,574-$33,574
Fees for Services Other-$25,499-$25,499
Fees for Services Accounting-$17,408-$17,408
Total Functional Expenses$1,272,026$509,250$0$1,781,276

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,781,276
Total Expenses per Audited Statements$1,781,276
Total Expenses per Form 990$1,781,276
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Archdiocese of PhiladelphiaPhiladelphia, PA--$389,953
Archdiocese of PhiladelphiaPhiladelphia, PA--$200,000
Independence Mission SchoolsKing of Prussia, PA--$106,280
Roman Catholic High School FoPhiladelphia, PA--$80,000
Drexel Neumann Academy IncPhiladelphia, PA--$75,000
Saint Charles SeminaryWynnewood, PA--$72,380
Hope Partnership for EducatioPhiladelphia, PA--$68,500
Catholic Family Fun ClubAston, PA--$60,000
Temple University Newman CentPhiladelphia, PA--$60,000
Catholic Leadership InstituteWayne, PA--$55,000
The Gesu SchoolPhiladelphia, PA--$41,000
St Francis De Sales SchoolPhiladelphia, PA--$25,000
Cristo Rey Philadelphia HighPhiladelphia, PA--$20,000
Providence CenterPhiladelphia, PA--$13,913
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
Audit committee
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 2: Description of Business or Family Relationship of Officers, Directors, Et

“First clearing corporation acts as custodian of the fund. First clearing corporation is a subsidiary of wells fargo. A member of the board of directors of the fund is an independent broker whose firm is part of the wells fargo independent channel.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Reviewed by president of the organization”

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

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Archdiocesan Educational Fund
EIN
23-6445582
Phone
6105025310
Address
115 BLOOMINGDALE AVENUE, WAYNE, PA 19087

Signing Officer

Name
Matthew H Mccloskey Iv
Title
President
Signed
2018-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew H Mccloskey Iv
Formed
1946
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Rothman Boylston LLC
Address
1508 McDaniel Drive, West Chester, PA 19380
Preparer
Peter H Rothman CPA
Phone
6107010500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

“Other program services 4: archdiocese of philadelphia - oce elementary schools administration other program services 5: archdiocese of philadelphia - schools for special education other program services 6: other program services 7: other program services 8: other program services 9: other program services 10: st.charles borromeo seminary tech tools for teaching other program services 11: other program services 12: other program services 13: independence mission schools - technology infrastructure project other program services 14: archdioces of philadelphia - archbishop chaput special project other program services 15: archdiocese of philadelphia - oce latino initiative other program services 16: temple university newman center - focus mission team other program services 17: gesu school - youngest scholars program other program services 18: cristo rey philadelphia high school - cristo rey high school alumni support other program services 19: st francis de sales school - helping our children to compete other program services 20: independence mission schools - st veronica prep recruitment other program services 21: other program services 22: archbishop chaput special project - st francis fund other program services 23: archdiocese of philadelphia - oce leadership academy-community of practice”

Financial Statement Notes

Part X : FIN48 Footnote

“The Fund is a not-for-profit organization that is generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code, and therefore, no provision for income taxes is included. The Fund, however, is liable for tax on any unrelated business income received. It is also required to file an informational return (Federal Form 990). The Fund believes that there are no uncertain tax positions for the year ended June 30, 2017. Informational and other returns for fiscal year 2014 and later are subject to examination by the Internal Revenue Service.”

Raw XML AppendixShowing 400 of 575 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/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ARCHDIOCESAN EDUCATION FUND IS OPERATED EXCLUSIVELY FOR RELIGIOUS, EDUCATIONAL, CHARITABLE AND SCIENTIFIC PURPOSES IN THAT IT IS OPERATED SO AS TO PROVIDE FINANCIAL SUPPORT AND ASSISTANCE TO THE GENERAL EDUCATIONAL PROGRAMS AND ACTIVITIES CONDUCTED BY THE ROMAN CATHOLIC ARCHDIOCESE OF PHILADELPHIA.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0MATTHEW H MCCLOSKEY IV
IRS990/BooksInCareOfDetail/PhoneNum06105025310
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0115 BLOOMINGDALE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WAYNE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd019087
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt04233845
IRS990/CashNonInterestBearingGrp/EOYAmt04522490
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0432769
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0FIRST CLEARING CORPORATION
IRS990/ContractorCompensationGrp/ServicesDesc0INVESTMENT FEES
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt01272026
IRS990/CYInvestmentIncomeAmt02987269
IRS990/CYOtherExpensesAmt0509250
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01205993
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01781276
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02987269
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0ARCHDIOCESE OF PHILADELPHIA - SCHOOLS FOR SPECIAL EDUCATION
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0200000
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017408
IRS990/FeesForServicesAccountingGrp/TotalAmt017408
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt025499
IRS990/FeesForServicesOtherGrp/TotalAmt025499
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0432769
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0432769
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0ARCHBISHOP CHARLES CHAPUT
IRS990/Form990PartVIISectionAGrp/PersonNm1MATTHEW H MCCLOSKEY IV
IRS990/Form990PartVIISectionAGrp/PersonNm2BISHOP MICHAEL J FITZGERALD
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDREW MCCLOSKEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/TREAS
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01946
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt02106423
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt0200000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01272026
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01272026
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt016309850
IRS990/GrossReceiptsAmt017190696
IRS990/GroupExemptionNum00928
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0880846
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0880846
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt048209204
IRS990/InvestmentsPubTradedSecGrp/EOYAmt054754143
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0PA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt014203427
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ARCHDIOCESAN EDUCATION FUND IS OPERATED EXCLUSIVELY FOR RELIGIOUS, EDUCATIONAL, CHARITABLE AND SCIENTIFIC PURPOSES IN THAT IT IS OPERATED SO AS TO PROVIDE FINANCIAL SUPPORT AND ASSISTANCE TO THE GENERAL EDUCATIONAL PROGRAMS AND ACTIVITIES CONDUCTED BY THE ROMAN CATHOLIC ARCHDIOCESE OF PHILADELPHIA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt052443049
IRS990/NetAssetsOrFundBalancesEOYAmt059276633
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt02106423
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02106423
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt05627591
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0FOREIGN TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt033574
IRS990/OtherExpensesGrp/TotalAmt033574
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MATTHEW H MCCLOSKEY IV
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0ARCHDIOCESE OF PHILADELPHIA - OCE ELEMENTARY SCHOOLS ADMINISTRATION
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0188680
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0188680
IRS990/ProgSrvcAccomActy3Grp/Desc0INDEPENDENCE MISSION SCHOOLS - TECHNOLOGY INFRASTRUCTURE PROJECT
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt094280
IRS990/ProgSrvcAccomActy3Grp/GrantAmt094280
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01202838
IRS990/PYInvestmentIncomeAmt03174548
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0454192
IRS990/PYRevenuesLessExpensesAmt01517518
IRS990/PYTotalExpensesAmt01657030
IRS990/PYTotalRevenueAmt03174548
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01205993
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt015
IRS990ScheduleA/SupportedOrganizationsTotalCnt015
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0231360839
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1231370450
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2454720688
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3231355131
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4232728931
IRS990ScheduleA/SupportedOrgInformationGrp/EIN5232728931
IRS990ScheduleA/SupportedOrgInformationGrp/EIN6273106321
IRS990ScheduleA/SupportedOrgInformationGrp/EIN7231352450
IRS990ScheduleA/SupportedOrgInformationGrp/EIN8208083164
IRS990ScheduleA/SupportedOrgInformationGrp/EIN9814099037
IRS990ScheduleA/SupportedOrgInformationGrp/EIN10232661414
IRS990ScheduleA/SupportedOrgInformationGrp/EIN11232901291
IRS990ScheduleA/SupportedOrgInformationGrp/EIN12231872983
IRS990ScheduleA/SupportedOrgInformationGrp/EIN13460493274
IRS990ScheduleA/SupportedOrgInformationGrp/EIN14232125843
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd2false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd3false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd4false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd5false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd6false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd7false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd8false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd9false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd12false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd13false
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd14false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd11
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd22
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd31
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd42
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd52
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd62
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd72
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd82
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd910
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd101
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd1110
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd122
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd132
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd147
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt70
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt80
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt90
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt100
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt110
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt120
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt130
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt140
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0389953
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt172380
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt2106280
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt3200000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt460000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt541000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt620000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt725000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt875000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt960000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1055000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1113913
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1280000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt1368500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt145000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ARCHDIOCESE OF PHILADELPHIA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1SAINT CHARLES SEMINARY
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2INDEPENDENCE MISSION SCHOOLS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3ARCHDIOCESE OF PHILADELPHIA
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4TEMPLE UNIVERSITY NEWMAN CENTER
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5THE GESU SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6CRISTO REY PHILADELPHIA HIGH SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7ST FRANCIS DE SALES SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt8DREXEL NEUMANN ACADEMY INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt9CATHOLIC FAMILY FUN CLUB
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt10CATHOLIC LEADERSHIP INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt11PROVIDENCE CENTER
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt12ROMAN CATHOLIC HIGH SCHOOL FOR BOYS
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt13HOPE PARTNERSHIP FOR EDUCATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt14BLOCS GALA SPONSORSHIP
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01272026
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01781276
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt05627591
IRS990ScheduleD/RevenueNotReportedAmt05627591
IRS990ScheduleD/RevenueSubtotalAmt02987269
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Fund is a not-for-profit organization that is generally exempt from federal and state income taxes under Section 501(c)(3) of the Internal Revenue Code, and therefore, no provision for income taxes is included. The Fund, however, is liable for tax on any unrelated business income received. It is also required to file an informational return (Federal Form 990). The Fund believes that there are no uncertain tax positions for the year ended June 30, 2017. Informational and other returns for fiscal year 2014 and later are subject to examination by the Internal Revenue Service.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalExpensesPerForm990Amt01781276
IRS990ScheduleD/TotalRevenuePerForm990Amt02987269
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08614860
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01781276
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0389953
IRS990ScheduleI/RecipientTable/CashGrantAmt1200000
IRS990ScheduleI/RecipientTable/CashGrantAmt260000
IRS990ScheduleI/RecipientTable/CashGrantAmt355000
IRS990ScheduleI/RecipientTable/CashGrantAmt420000
IRS990ScheduleI/RecipientTable/CashGrantAmt575000
IRS990ScheduleI/RecipientTable/CashGrantAmt668500
IRS990ScheduleI/RecipientTable/CashGrantAmt7106280
IRS990ScheduleI/RecipientTable/CashGrantAmt813913
IRS990ScheduleI/RecipientTable/CashGrantAmt980000
IRS990ScheduleI/RecipientTable/CashGrantAmt1072380
IRS990ScheduleI/RecipientTable/CashGrantAmt1125000
IRS990ScheduleI/RecipientTable/CashGrantAmt1260000
IRS990ScheduleI/RecipientTable/CashGrantAmt1341000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110

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
$59,276,633
Liabilities
$0
Net assets
$59,276,633
Revenue
$2,987,269
Expenses
$1,781,276
Net income
$1,205,993
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.0$0.01$92.0$8.43$3.01$5.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$95.1$0.24$94.8$5.89$2.21$3.69
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.7$0.21$74.5$4.84$2.14$2.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.9$0.05$72.8$6.66$1.68$4.97
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$69.3$0.07$69.2$5.60$1.78$3.82
2017Detailed filing. Detailed filing data is available for this year.$59.3$0.00$59.3$2.99$1.78$1.21
2016Detailed filing. Detailed filing data is available for this year.$52.4$0.00$52.4$3.17$1.66$1.52
2015Detailed filing. Detailed filing data is available for this year.$54.0$0.00$54.0$3.74$1.57$2.17
2014Detailed filing. Detailed filing data is available for this year.$52.6$0.00$52.6$3.40$1.55$1.85
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.1$0.00$45.1$1.48