Civic Intelligence

Glasgow High School Educational Trust

EIN 23-7017819 • 501(c)3 • Glasgow, MT

Profile

The purpose of the trust is to grant financial aid to glasgow high school graduates in their pursuit of higher education

Drawer 751Glasgow, MT 59230

www.ghsedutrust.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

6th percentile

0.00x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

95th percentile

78%

Higher net margin than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

54th percentile

6.3%

Faster asset growth than 54% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Up

$11,894,160

Up $699,532 (+6.2%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$11,894,160

Up $699,532 (+6.2%) from 2023

Revenue

Up

$892,241

Up $110,450 (+14%) from 2023

Expenses

Up

$192,709

Up $73,930 (+62%) from 2023

Net Income

Up

$699,532

Up $36,520 (+5.5%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2010: $3,551,060Liabilities 2010: $0Net Assets 2010: $3,551,0602010Assets 2011: $3,612,824Liabilities 2011: $0Net Assets 2011: $3,612,8242011Assets 2012: $3,671,217Liabilities 2012: $0Net Assets 2012: $3,671,2172012Assets 2013: $3,859,304Liabilities 2013: $0Net Assets 2013: $3,859,3042013Assets 2014: $4,241,045Liabilities 2014: $0Net Assets 2014: $4,241,0452014Assets 2015: $4,557,447Liabilities 2015: $0Net Assets 2015: $4,557,4472015Assets 2016: $4,621,943Liabilities 2016: $0Net Assets 2016: $4,621,9432016Assets 2017: $6,335,897Liabilities 2017: $0Net Assets 2017: $6,335,8972017Assets 2018: $6,619,652Liabilities 2018: $0Net Assets 2018: $6,619,6522018Assets 2019: $7,856,346Liabilities 2019: $0Net Assets 2019: $7,856,3462019Assets 2020: $9,772,117Liabilities 2020: $0Net Assets 2020: $9,772,1172020Assets 2021: $10,156,282Liabilities 2021: $0Net Assets 2021: $10,156,2822021Assets 2022: $10,531,616Liabilities 2022: $0Net Assets 2022: $10,531,6162022Assets 2023: $11,194,628Liabilities 2023: $0Net Assets 2023: $11,194,6282023Assets 2024: $11,894,160Liabilities 2024: $0Net Assets 2024: $11,894,1602024

Highlighted filing

2024

Assets$11,894,160
Liabilities$0
Net Assets$11,894,160

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0Expenses 2010: $112,7672010Expenses 2011: $138,2602011Expenses 2012: $142,2382012Expenses 2013: $161,6482013Revenue 2014: $510,680Expenses 2014: $128,939Net Income 2014: $381,7412014Revenue 2015: $462,754Expenses 2015: $146,352Net Income 2015: $316,4022015Revenue 2016: $266,102Expenses 2016: $201,606Net Income 2016: $64,4962016Revenue 2017: $1,878,139Expenses 2017: $164,185Net Income 2017: $1,713,9542017Revenue 2018: $479,129Expenses 2018: $195,374Net Income 2018: $283,7552018Revenue 2019: $1,418,081Expenses 2019: $181,387Net Income 2019: $1,236,6942019Revenue 2020: $2,074,600Expenses 2020: $158,829Net Income 2020: $1,915,7712020Revenue 2021: $629,101Expenses 2021: $244,936Net Income 2021: $384,1652021Revenue 2022: $584,198Expenses 2022: $208,864Net Income 2022: $375,3342022Revenue 2023: $781,791Expenses 2023: $118,779Net Income 2023: $663,0122023Revenue 2024: $892,241Expenses 2024: $192,709Net Income 2024: $699,5322024

Highlighted filing

2024

Revenue$892,241
Expenses$192,709
Net Income$699,532

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.9$0.00$11.9$0.89$0.19$0.70
2023Detailed filing. Detailed filing data is available for this year.$11.2$0.00$11.2$0.78$0.12$0.66
2022Detailed filing. Detailed filing data is available for this year.$10.5$0.00$10.5$0.58$0.21$0.38
2021Detailed filing. Detailed filing data is available for this year.$10.2$0.00$10.2$0.63$0.24$0.38
2020Detailed filing. Detailed filing data is available for this year.$9.77$0.00$9.77$2.07$0.16$1.92
2019Detailed filing. Detailed filing data is available for this year.$7.86$0.00$7.86$1.42$0.18$1.24
2018Detailed filing. Detailed filing data is available for this year.$6.62$0.00$6.62$0.48$0.20$0.28
2017Detailed filing. Detailed filing data is available for this year.$6.34$0.00$6.34$1.88$0.16$1.71
2016Detailed filing. Detailed filing data is available for this year.$4.62$0.00$4.62$0.27$0.20$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.56$0.00$4.56$0.46$0.15$0.32
2014Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$0.51$0.13$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.00$3.86$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.67$0.00$3.67$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$0.00$3.61$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$0.00$3.55$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$920,706
Mission and Program Overview

Mission

The purpose of the trust is to grant financial aid to glasgow high school graduates in their pursuit of higher education

Provide financial assistance to students to attend institutions of higher education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,629,157$9,002,572▲ $373,415
Savings and Temporary Cash Investments$2,330,397$2,680,520▲ $350,123
Other Notes and Loans Receivable, Net$205,536$205,536→ $0
Land, Buildings, and Equipment, Net$28,465--
Cash and Non-Interest-Bearing Accounts$1,073$5,532▲ $4,459
Total Assets$11,194,628$11,894,160▲ $699,532
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,194,628$11,894,160▲ $699,532
Total Net Assets Fund Balance$11,194,628$11,894,160▲ $699,532
Total Liabilities and Net Assets / Fund Balance$11,194,628$11,894,160▲ $699,532
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$210,890
Program Service Revenue
$0
Investment Income
$681,351
Other Revenue
$0
All Other Contributions
$210,890
Change in Net Assets
$699,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$177,554
Other Expenses$15,155
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$177,554--$177,554
Office Expenses-$4,004-$4,004
Insurance-$1,385-$1,385
Fees for Services Accounting-$1,190-$1,190
Other Expenses-$302-$302
Advertising-$224-$224
Total Functional Expenses$177,554$15,155$0$192,709
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Glasgow High SchoolGlasgow, MT-Purchase of Misc Equipment and Resources for High School Departments$46,054
Msu - BozemanBozeman, MT-Financial Aid to Students$46,000
Minot State UniversityMinot, ND-Financial Aid to Students$10,000
University of IdahoMoscow, ID-Financial Aid to Students$8,000
University of MontanaMissoula, MT-Financial Aid to Students$7,000
Dakota College at BottineauBottineau, ND-Financial Aid to Students$6,000
Msu - BillingsBillings, MT-Financial Aid to Students$6,000
South Dakota School of MinesRapid City, SD-Financial Aid to Students$6,000
University of CincinnatiCincinnati, OH-Financial Aid to Students$6,000
Western Governors UniversitySalt Lake City, UT-Financial Aid to Students$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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

Ceo, jeanine markle and trustee, drew markle are mother and son

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

The board compares information on form 990 to financial records for the fiscal year.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Glasgow High School Educational Trust
EIN
23-7017819
Phone
4062282858
Address
DRAWER 751, GLASGOW, MT 59230

Signing Officer

Name
Jeanine Markle
Title
President & CEO
Phone
4062632858
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeanine Markle
Formed
1964
Legal Domicile
Mt
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Chms Pc
Address
741 3RD AVE S, GLASGOW, MT 59230
Preparer
Diana W Mattfeldt CPA
Phone
4062289391
Raw XML AppendixShowing 400 of 430 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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt06000
IRS990ScheduleI/RecipientTable/CashGrantAmt146000
IRS990ScheduleI/RecipientTable/CashGrantAmt210000
IRS990ScheduleI/RecipientTable/CashGrantAmt36000
IRS990ScheduleI/RecipientTable/CashGrantAmt46000
IRS990ScheduleI/RecipientTable/CashGrantAmt57000
IRS990ScheduleI/RecipientTable/CashGrantAmt646054
IRS990ScheduleI/RecipientTable/CashGrantAmt76000
IRS990ScheduleI/RecipientTable/CashGrantAmt88000
IRS990ScheduleI/RecipientTable/CashGrantAmt96000
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/PurposeOfGrantTxt0FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6PURCHASE OF MISC EQUIPMENT AND RESOURCES FOR HIGH SCHOOL DEPARTMENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MSU - BILLINGS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MSU - BOZEMAN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2MINOT STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SOUTH DAKOTA SCHOOL OF MINES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4UNIVERSITY OF CINCINNATI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5UNIVERSITY OF MONTANA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6GLASGOW HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7DAKOTA COLLEGE AT BOTTINEAU
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8UNIVERSITY OF IDAHO
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9WESTERN GOVERNORS UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0816001642
IRS990ScheduleI/RecipientTable/RecipientEIN1816001645
IRS990ScheduleI/RecipientTable/RecipientEIN2456002481
IRS990ScheduleI/RecipientTable/RecipientEIN3466011771
IRS990ScheduleI/RecipientTable/RecipientEIN4316000989
IRS990ScheduleI/RecipientTable/RecipientEIN5816001713
IRS990ScheduleI/RecipientTable/RecipientEIN6816001055
IRS990ScheduleI/RecipientTable/RecipientEIN7456002445
IRS990ScheduleI/RecipientTable/RecipientEIN8826000094
IRS990ScheduleI/RecipientTable/RecipientEIN9474365018
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01500 N 30TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 174160
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2500 UNIVERSITY AVE W
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3520 KANSAS CITY ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4PO BOX 210641
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt532 CAMPUS DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6PO BOX 28
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7105 SIMRALL BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8875 PERIMETER DR
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt94001 SOUTH 700 EAST SUITE 700
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BILLINGS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BOZEMAN
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MINOT
IRS990ScheduleI/RecipientTable/USAddress/CityNm3RAPID CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm4CINCINNATI
IRS990ScheduleI/RecipientTable/USAddress/CityNm5MISSOULA
IRS990ScheduleI/RecipientTable/USAddress/CityNm6GLASGOW
IRS990ScheduleI/RecipientTable/USAddress/CityNm7BOTTINEAU
IRS990ScheduleI/RecipientTable/USAddress/CityNm8MOSCOW
IRS990ScheduleI/RecipientTable/USAddress/CityNm9SALT LAKE CITY
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7ND
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9UT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd059101
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd159717
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd258707
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd357701
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd445221
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd559812
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MAINTAINS THE APPLICATIONS FROM THE STUDENTS AND THE GLASGOW HIGH SCHOOL. THE MINUTES OF THE ORGANIZATION RECORDS THE SELECTION CRITERIA USED WHILE AWARDING THE GIFTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CEO, JEANINE MARKLE AND TRUSTEE, DREW MARKLE ARE MOTHER AND SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD COMPARES INFORMATION ON FORM 990 TO FINANCIAL RECORDS FOR THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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 C, LINE 19
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt011894160
IRS990/TotalAssetsGrp/BOYAmt011194628
IRS990/TotalAssetsGrp/EOYAmt011894160
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015155
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0177554
IRS990/TotalFunctionalExpensesGrp/TotalAmt0192709
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt011194628
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011894160
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0177554
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0415762
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0265589
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0892241
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011894160
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
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