Civic Intelligence

Glasgow High School Educational Trust

990 • Fiscal year 2016 • EIN 23-7017819

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 13, 2017

C/O Chms Pc Drawer 751Glasgow, MT 59230

(406) 228-9391

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

83rd percentile

24%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

51st percentile

1.4%

Faster asset growth than 51% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-42%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,621,943

Up $64,496 (+1.4%) from 2015

Net Assets

Up

$4,621,943

Up $64,496 (+1.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$266,102

Down $196,652 (-42%) from 2015

Expenses

Up

$201,606

Up $55,254 (+38%) from 2015

Net Income

Down

$64,496

Down $251,906 (-80%) from 2015

Historical Trend

Balance Sheet Trend

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

$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

2016

Assets$4,621,943
Liabilities$0
Net Assets$4,621,943

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$266,102
Expenses$201,606
Net Income$64,496
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 13, 2017
Return Version
2015v3.0
Gross Receipts
$266,102
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$3,782,571$3,937,058▲ $154,487
Savings and Temporary Cash Investments$744,503$655,462▼ $89,041
Land, Buildings, and Equipment, Net$28,465$28,465→ $0
Cash and Non-Interest-Bearing Accounts$1,908$958▼ $950
Total Assets$4,557,447$4,621,943▲ $64,496
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$4,557,447$4,621,943▲ $64,496
Total Net Assets Fund Balance$4,557,447$4,621,943▲ $64,496
Total Liabilities and Net Assets / Fund Balance$4,557,447$4,621,943▲ $64,496

Asset Categories

AssetBook ValueDepreciationBasis
Land$28,465--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$112,007
Program Service Revenue
$0
Investment Income
$154,095
Other Revenue
$0
All Other Contributions
$112,007
Change in Net Assets
$64,496
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$195,670
Other Expenses$5,936
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$195,670--$195,670
Office Expenses-$680-$680
Insurance-$500-$500
Other Expenses-$53-$53
Total Functional Expenses$195,670$5,936$0$201,606
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Msu - BozemanBozeman, MT-Financial Assistance to Students$37,000
University of MontanaMissoula, MT-Financial Assistance to Students$16,000
Glasgow High SchoolGlasgow, MT-Purchase of Equipment for High School Departments. Flooring for Library in High School.$14,670
University of North DakotaGrand Forks, ND-Financial Aid to Students$14,500
Dakota College at BottineauBottineau, ND-Financial Aid to Students$9,500
Western Governors UniversitySalt Lake City, UT-Financial Aid to Students$9,500
Msu - NorthernHavre, MT-Financial Aid to Students$8,000
Appalachian Bible CollegeMt Hope, WV-Financial Aid to Students$7,000
Montana TechButte, MT-Financial Aid to Students$7,000
Msu - BillingsBillings, MT-Financial Assistance to Students$6,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

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
4062289391
Address
C/O CHMS PC DRAWER 751, GLASGOW, MT 59230

Signing Officer

Name
Jeanine Markle
Title
President & CEO
Phone
4062282278
Signed
2017-02-13
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
Doris M Leader CPA
Phone
4062289391
Raw XML AppendixShowing 400 of 411 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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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FINANCIAL ASSISTANCE TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FINANCIAL ASSISTANCE TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2FINANCIAL ASSISTANCE TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8PURCHASE OF EQUIPMENT FOR HIGH SCHOOL DEPARTMENTS. FLOORING FOR LIBRARY IN HIGH SCHOOL.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9FINANCIAL AID TO STUDENTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MSU - BILLINGS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1MSU - BOZEMAN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2UNIVERSITY OF MONTANA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3MONTANA TECH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4APPALACHIAN BIBLE COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5WESTERN GOVERNORS UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6DAKOTA COLLEGE AT BOTTINEAU
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7UNIVERSITY OF NORTH DAKOTA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8GLASGOW HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9MSU - NORTHERN
IRS990ScheduleI/RecipientTable/RecipientEIN0816001642
IRS990ScheduleI/RecipientTable/RecipientEIN1816001645
IRS990ScheduleI/RecipientTable/RecipientEIN2816001713
IRS990ScheduleI/RecipientTable/RecipientEIN3810250363
IRS990ScheduleI/RecipientTable/RecipientEIN4550370901
IRS990ScheduleI/RecipientTable/RecipientEIN5841383926
IRS990ScheduleI/RecipientTable/RecipientEIN6456002445
IRS990ScheduleI/RecipientTable/RecipientEIN7456002491
IRS990ScheduleI/RecipientTable/RecipientEIN8816001055
IRS990ScheduleI/RecipientTable/RecipientEIN9816001663
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01500 N 30TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 174160
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt232 CAMPUS DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt31300 W PARK ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4161 COLLEGE DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt54001 S 700 E 700
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6105 SIMRALL BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7264 CENTENNIAL DR 8382
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8PO BOX 28
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9PO BOX 7751
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BILLINGS
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BOZEMAN
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MISSOULA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3BUTTE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4MT HOPE
IRS990ScheduleI/RecipientTable/USAddress/CityNm5SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm6BOTTINEAU
IRS990ScheduleI/RecipientTable/USAddress/CityNm7GRAND FORKS
IRS990ScheduleI/RecipientTable/USAddress/CityNm8GLASGOW
IRS990ScheduleI/RecipientTable/USAddress/CityNm9HAVRE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MT
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4WV
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5UT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7ND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd8MT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd9MT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd059101
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd159717
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd259812
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd359701
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd425880
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd584107
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd658318
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd7582028382
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd859230
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd959501
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/ExplanationTxt0THE BOARD COMPARES INFORMATION ON FORM 990 TO FINANCIAL RECORDS FOR THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt04621943
IRS990/TotalAssetsGrp/BOYAmt04557447
IRS990/TotalAssetsGrp/EOYAmt04621943
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0112007
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05936
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0195670
IRS990/TotalFunctionalExpensesGrp/TotalAmt0201606
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04557447
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04621943
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0195670
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt089625
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt064470
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266102
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04557447
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04621943
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt04557447
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04621943
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O CHMS PC DRAWER 751
IRS990/USAddress/CityNm0GLASGOW
IRS990/USAddress/StateAbbreviationCd0MT
IRS990/USAddress/ZIPCd059230
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.GHSEDUTRUST.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEANINE MARKLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04062282278
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GLASGOW HIGH SCHOOL EDUCATIONAL TRUST
ReturnHeader/Filer/BusinessNameControlTxt0GLAS
ReturnHeader/Filer/EIN0237017819
ReturnHeader/Filer/PhoneNum04062289391
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O CHMS PC DRAWER 751
ReturnHeader/Filer/USAddress/CityNm0GLASGOW
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MT
ReturnHeader/Filer/USAddress/ZIPCd059230
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0810415266
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHMS PC

Document Assets

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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