Civic Intelligence

Grand Traverse Area Catholic Schools Foundation Inc

990 • Fiscal year 2019 • EIN 23-7113692

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 12, 2020

123 E Eleventh StreetTraverse City, MI 49684

(231) 995-8424

Siviq Scores

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

Liabilities / Assets

30th percentile

0.04x

Higher debt load relative to assets than 30% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.24x

Higher debt load relative to revenue than 59% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

96th percentile

78%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

86th percentile

25%

Faster asset growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

121%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,970,304

Up $1,175,609 (+25%) from 2018

Net Assets

Up

$5,741,039

Up $1,183,713 (+26%) from 2018

Liabilities

Down

$229,265

Down $8,104 (-3.4%) from 2018

Revenue

Up

$958,432

Up $525,371 (+121%) from 2018

Expenses

Down

$211,089

Down $2,603 (-1.2%) from 2018

Net Income

Up

$747,343

Up $527,974 (+241%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $2,335,992Liabilities 2010: $0Net Assets 2010: $2,335,9922010Assets 2011: $2,346,008Liabilities 2011: $393Net Assets 2011: $2,345,6152011Assets 2013: $4,462,670Liabilities 2013: $0Net Assets 2013: $4,462,6702013Assets 2014: $4,703,712Liabilities 2014: $0Net Assets 2014: $4,703,7122014Assets 2015: $5,365,383Liabilities 2015: $0Net Assets 2015: $5,365,3832015Assets 2017: $4,875,711Liabilities 2017: $0Net Assets 2017: $4,875,7112017Assets 2018: $4,794,695Liabilities 2018: $237,369Net Assets 2018: $4,557,3262018Assets 2019: $5,970,304Liabilities 2019: $229,265Net Assets 2019: $5,741,0392019Assets 2020: $6,344,071Liabilities 2020: $0Net Assets 2020: $6,344,0712020Assets 2021: $7,841,699Liabilities 2021: $0Net Assets 2021: $7,841,6992021Assets 2022: $7,098,360Liabilities 2022: $0Net Assets 2022: $7,098,3602022Assets 2024: $8,893,503Liabilities 2024: $0Net Assets 2024: $8,893,5032024

Highlighted filing

2019

Assets$5,970,304
Liabilities$229,265
Net Assets$5,741,039

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Expenses 2010: $124,6972010Expenses 2011: $124,5152011Revenue 2013: $1,754,108Expenses 2013: $112,574Net Income 2013: $1,641,5342013Revenue 2014: $372,793Expenses 2014: $223,341Net Income 2014: $149,4522014Revenue 2015: $1,177,038Expenses 2015: $313,322Net Income 2015: $863,7162015Revenue 2017: $377,293Expenses 2017: $203,682Net Income 2017: $173,6112017Revenue 2018: $433,061Expenses 2018: $213,692Net Income 2018: $219,3692018Revenue 2019: $958,432Expenses 2019: $211,089Net Income 2019: $747,3432019Revenue 2020: $414,868Expenses 2020: $206,860Net Income 2020: $208,0082020Revenue 2021: $1,034,882Expenses 2021: $229,086Net Income 2021: $805,7962021Revenue 2022: $454,764Expenses 2022: $273,818Net Income 2022: $180,9462022Revenue 2024: $1,328,621Expenses 2024: $351,771Net Income 2024: $976,8502024

Highlighted filing

2019

Revenue$958,432
Expenses$211,089
Net Income$747,343
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 12, 2020
Return Version
2019v5.1
Gross Receipts
$1,414,857
Mission and Program Overview

Mission

To award grants to students of needy families and scholarships to gifted children children attending grand traverse area catholic schools in traverse city, mi.

To provide support for the grand traverse area catholic schools (gtacs), including, among other things, tuition assistance to needy and gifted students, faculty salary enhancement and capital improvements.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,947,189$4,994,621▲ $1,047,432
Land, Buildings, and Equipment, Net$290,315$516,333▲ $226,018
Other Notes and Loans Receivable, Net$378,216$355,329▼ $22,887
Loans From Officers Directors$237,369$229,265▼ $8,104
Savings and Temporary Cash Investments$178,976$104,021▼ $74,955
Cash and Non-Interest-Bearing Accounts$-1--
Total Assets$4,794,695$5,970,304▲ $1,175,609
Liabilities
Total Liabilities$237,369$229,265▼ $8,104
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,403,232$5,376,509▲ $973,277
Net Assets Without Donor Restrictions$154,094$364,530▲ $210,436
Total Net Assets Fund Balance$4,557,326$5,741,039▲ $1,183,713
Total Liabilities and Net Assets / Fund Balance$4,794,695$5,970,304▲ $1,175,609

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$406,333$12,952-
Land$110,000--
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$608,649
Program Service Revenue
$0
Investment Income
$369,422
Other Revenue
$-19,639
All Other Contributions
$608,649
Change in Net Assets
$747,343

Audited Revenue Reconciliation

Revenue per Audited Statements
$952,432
Revenue Not Reported on Financial Statements
$6,000
Revenue Not Reported on Form 990
$473,673
Total Revenue per Audited Statements
$1,426,105
Total Revenue per Form 990
$958,432
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$178,979
Salaries, Compensation, and Employee Benefits$20,000
Other Expenses$12,110
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$178,979--$178,979
Current Officers, Directors, Trustees, and Key Employees$10,000$10,000-$20,000
Fees for Services Other-$6,110-$6,110
Fees for Service Investment Mgmnt Fees-$6,000-$6,000
Total Functional Expenses$188,979$22,110$0$211,089

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$242,392
Total Expenses per Form 990$211,089
Expenses per Audited Statements$205,089
Expenses Not Reported on Form 990$37,303
Expenses Not Reported on Financial Statements$6,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Grand Traverse Area Catholic SchoolsTraverse City, MI-Tuition Grants and Scholarships to Needy Students Attending Grand Traverse Area Catholic Schools and Teacher Salary Support$143,500
Aquinas CollegeGrand Rapids, MI-College Scholarships for Former Students of Grand Traverse Area Catholic Schools$19,300
Northwestern Michigan CollegeTraverse City, MI-College Scholarships for Former Students of Grand Traverse Area Catholic Schools$16,179
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Tom GartlandHonorary Lay TrusteeTax Service FeesNo-

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$237,369$229,265▼ $8,104
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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

Prior to filing, the form 990 is given to each of the board members for review. The board members are allowed to discuss any concerns at that time.

Form 990, Part VI, Section B, Line 12C

Organization regularly and consistently monitors and enforces compliance with the conflict of interest policy through board meeting discussions.

Form 990, Part VI, Section B, Line 15

Determining compensation of the organization's officers or key employees is done through board meeting discussions and approval of annual budget with board of directors and general manager.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Grand Traverse Area Catholic Schools
EIN
23-7113692
Phone
2319958424
Address
123 E ELEVENTH STREET, TRAVERSE CITY, MI 49684

Signing Officer

Name
Wayne Mueller
Title
Executive Director
Phone
2319958424
Signed
2020-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Mueller
Formed
1971
Legal Domicile
Mi
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Firm
Dgn LLC
Address
PO BOX 947, TRAVERSE CITY, MI 49685-0947
Preparer
Mary F Krantz CPA
Phone
2319461722
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The internal revenue service determined the foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Also, the foundation has received determination as an "other than private foundation" under section 170(b)(1)(a)(vi) of the internal revenue code. Accordingly, no provision for income taxes has been recorded in the accompanying financial statements. The foundation files information returns in the u.s. Federal jurisdiction. With few exceptions, the foundation is no longer subject to u.s. Federal examinations by tax authorities for years before december 31, 2016.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 37,303.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSE 37,303.

Raw XML AppendixShowing 400 of 485 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/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE SUPPORT FOR THE GRAND TRAVERSE AREA CATHOLIC SCHOOLS (GTACS), INCLUDING, AMONG OTHER THINGS, TUITION ASSISTANCE TO NEEDY AND GIFTED STUDENTS, FACULTY SALARY ENHANCEMENT AND CAPITAL IMPROVEMENTS.
IRS990/AllOtherContributionsAmt0608649
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WAYNE MUELLER
IRS990/BooksInCareOfDetail/PhoneNum02319958424
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0123 EAST ELEVENTH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0TRAVERSE CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd049684
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0-1
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt010000
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt010000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt020000
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0608649
IRS990/CYGrantsAndSimilarPaidAmt0178979
IRS990/CYInvestmentIncomeAmt0369422
IRS990/CYOtherExpensesAmt012110
IRS990/CYOtherRevenueAmt0-19639
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0747343
IRS990/CYSalariesCompEmpBnftPaidAmt020000
IRS990/CYTotalExpensesAmt0211089
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0958432
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0AWARDED GRANTS TO STUDENTS OF NEEDY FAMILIES ATTENDING GRAND TRAVERSE AREA CATHOLIC SCHOOLS IN TRAVERSE CITY, MI, ALSO AWARDED SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE IN 2019.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04403232
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05376509
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0178979
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06110
IRS990/FeesForServicesOtherGrp/TotalAmt06110
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt06000
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt06000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
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/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0CHRISTOPHER ELLALASINGHAM
IRS990/Form990PartVIISectionAGrp/PersonNm1HOLLY GALLAGHER
IRS990/Form990PartVIISectionAGrp/PersonNm2REVEREND ANTHONY CITRO
IRS990/Form990PartVIISectionAGrp/PersonNm3REVEREND RAY COTTER
IRS990/Form990PartVIISectionAGrp/PersonNm4REVEREND DON GEYMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5PATRICK HEINTZ
IRS990/Form990PartVIISectionAGrp/PersonNm6PAUL SCHMUCKAL
IRS990/Form990PartVIISectionAGrp/PersonNm7JERRY JENKINS
IRS990/Form990PartVIISectionAGrp/PersonNm8LORI ERHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm9REVEREND BEN REXROAT
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL BUELL
IRS990/Form990PartVIISectionAGrp/PersonNm11AL ZELINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm12DENNIS BRODEUR
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFF CONNOLLY
IRS990/Form990PartVIISectionAGrp/PersonNm14REVEREND GERALD OKOLI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt12PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0225923
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt0178979
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0178979
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0178979
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0645045
IRS990/GrossReceiptsAmt01414857
IRS990/GrossRentsGrp/RealAmt012900
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0143499
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0143499
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt03947189
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04994621
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012952
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0290315
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0516333
IRS990/LandBldgEquipCostOrOtherBssAmt0529285
IRS990/LegalDomicileStateCd0MI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0419122
IRS990/LessRentalExpensesGrp/RealAmt037303
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt0237369
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0229265
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO AWARD GRANTS TO STUDENTS OF NEEDY FAMILIES AND SCHOLARSHIPS TO GIFTED CHILDREN ATTENDING GRAND TRAVERSE AREA CATHOLIC SCHOOLS IN TRAVERSE CITY, MI.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04557326
IRS990/NetAssetsOrFundBalancesEOYAmt05741039
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0225923
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0225923
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-24403
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-24403
IRS990/NetUnrelatedBusTxblIncmAmt0-15372
IRS990/NetUnrlzdGainsLossesInvstAmt0436370
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0154094
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0364530
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0378216
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0355329
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WAYNE MUELLER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0SALARY SUPPORT FOR GRAND TRAVERSE AREA CATHOLIC SCHOOLS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt010000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt087916
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0201432
IRS990/PYInvestmentIncomeAmt0345656
IRS990/PYOtherExpensesAmt012260
IRS990/PYOtherRevenueAmt0-511
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0219369
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0213692
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0433061
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0747343
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-24403
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt04764
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt04764
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0178976
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0104021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0608649
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt087916
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088775
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt061833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0994245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01841418
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0387086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0933974
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0288518
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0149428
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0182793
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01941799
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.48670
IRS990ScheduleA/PublicSupportPY170Pct00.45160
IRS990ScheduleA/PublicSupportTotal170Amt01841418
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0608649
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt087916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088775
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt061833
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0994245
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01841418
IRS990ScheduleA/TotalSupportAmt03783217
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/BuildingsGrp/BookValueAmt0406333
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012952
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0419285
IRS990ScheduleD/ExpensesNotReportedAmt037303
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06000
IRS990ScheduleD/ExpensesSubtotalAmt0205089
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06000
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06000
IRS990ScheduleD/LandGrp/BookValueAmt0110000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0110000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0436370
IRS990ScheduleD/OtherExpensesIncludedAmt037303
IRS990ScheduleD/OtherRevenueAmt037303
IRS990ScheduleD/RevenueNotReportedAmt0473673
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06000
IRS990ScheduleD/RevenueSubtotalAmt0952432
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE DETERMINED THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ALSO, THE FOUNDATION HAS RECEIVED DETERMINATION AS AN "OTHER THAN PRIVATE FOUNDATION" UNDER SECTION 170(B)(1)(A)(VI) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2016.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSE 37,303.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSE 37,303.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0516333
IRS990ScheduleD/TotalExpensesPerForm990Amt0211089
IRS990ScheduleD/TotalRevenuePerForm990Amt0958432
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01426105
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0242392
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc1FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc2FMV
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc3FMV
IRS990ScheduleI/RecipientTable/CashGrantAmt0143500
IRS990ScheduleI/RecipientTable/CashGrantAmt116179
IRS990ScheduleI/RecipientTable/CashGrantAmt219300
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TUITION GRANTS AND SCHOLARSHIPS TO NEEDY STUDENTS ATTENDING GRAND TRAVERSE AREA CATHOLIC SCHOOLS AND TEACHER SALARY SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1COLLEGE SCHOLARSHIPS FOR FORMER STUDENTS OF GRAND TRAVERSE AREA CATHOLIC SCHOOLS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2COLLEGE SCHOLARSHIPS FOR FORMER STUDENTS OF GRAND TRAVERSE AREA CATHOLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0GRAND TRAVERSE AREA CATHOLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1NORTHWESTERN MICHIGAN COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2AQUINAS COLLEGE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0123 E ELEVENTH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11701 E FRONT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt21700 FULTON ST EAST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0TRAVERSE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm1TRAVERSE CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm2GRAND RAPIDS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MI
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd049684
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd149686
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd249506
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TUITION GRANTS ARE PAID DIRECTLY TO THE APPROPRIATE COLLEGE OR SCHOOL AND IS APPLIED DIRECTLY TO THE TUITION ACCOUNTS OF THE STUDENTS BEING ASSISTED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TOM GARTLAND
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0HONORARY LAY TRUSTEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0TAX SERVICE FEES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0229265
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0OAK STREET FUTURE LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0LAND CONTRACT FOR INVESTMENT IN A RENTAL HOUSE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0240000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OAK STREET FUTURE, LLC IS OWNED BY AN OFFICER OF THE ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt0229265
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR TO FILING, THE FORM 990 IS GIVEN TO EACH OF THE BOARD MEMBERS FOR REVIEW. THE BOARD MEMBERS ARE ALLOWED TO DISCUSS ANY CONCERNS AT THAT TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH BOARD MEETING DISCUSSIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS OR KEY EMPLOYEES IS DONE THROUGH BOARD MEETING DISCUSSIONS AND APPROVAL OF ANNUAL BUDGET WITH BOARD OF DIRECTORS AND GENERAL MANAGER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.89$0.00$8.89$1.33$0.35$0.98
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.10$0.00$7.10$0.45$0.27$0.18
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.84$0.00$7.84$1.03$0.23$0.81
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.34$0.00$6.34$0.41$0.21$0.21
2019Detailed filing. Detailed filing data is available for this year.$5.97$0.23$5.74$0.96$0.21$0.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.79$0.24$4.56$0.43$0.21$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.88$0.00$4.88$0.38$0.20$0.17
2015Detailed filing. Detailed filing data is available for this year.$5.37$0.00$5.37$1.18$0.31$0.86
2014Detailed filing. Detailed filing data is available for this year.$4.70$0.00$4.70$0.37$0.22$0.15
2013Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$1.75$0.11$1.64
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$0.00$2.35$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$0.00$2.34$0.12