Civic Intelligence

Chadwick Scholarship Foundation

990 • Fiscal year 2015 • EIN 23-7149456

Jul 01, 2014 to Jun 30, 2015 • Filed on May 13, 2016

26800 S Academy DrivePalos Verdes Estates, CA 90274

(310) 377-1543

Siviq Scores

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

Liabilities / Assets

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

25th percentile

0.00x

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

80th percentile

22%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

99th percentile

$463,946

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 1765.9% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

40th percentile

-1.4%

Faster asset growth than 40% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

96th percentile

157%

Faster revenue growth than 96% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$546,770

Down $7,814 (-1.4%) from 2014

Net Assets

Down

$546,770

Down $7,814 (-1.4%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$26,272

Up $16,051 (+157%) from 2014

Expenses

Down

$20,400

Down $600 (-2.9%) from 2014

Net Income

Up

$5,872

Up $16,651 (+154%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $502,186Liabilities 2010: $0Net Assets 2010: $502,1862010Assets 2011: $537,413Liabilities 2011: $0Net Assets 2011: $537,4132011Assets 2012: $494,344Liabilities 2012: $0Net Assets 2012: $494,3442012Assets 2013: $501,477Liabilities 2013: $0Net Assets 2013: $501,4772013Assets 2014: $554,584Liabilities 2014: $0Net Assets 2014: $554,5842014Assets 2015: $546,770Liabilities 2015: $0Net Assets 2015: $546,7702015Assets 2016: $514,463Liabilities 2016: $0Net Assets 2016: $514,4632016Assets 2017: $558,469Liabilities 2017: $0Net Assets 2017: $558,4692017Assets 2018: $577,200Liabilities 2018: $0Net Assets 2018: $577,2002018Assets 2019: $591,776Liabilities 2019: $0Net Assets 2019: $591,7762019Assets 2020: $596,247Liabilities 2020: $0Net Assets 2020: $596,2472020Assets 2021: $761,513Liabilities 2021: $0Net Assets 2021: $761,5132021Assets 2022: $620,623Liabilities 2022: $0Net Assets 2022: $620,6232022Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2015

Assets$546,770
Liabilities$0
Net Assets$546,770

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $8,112Expenses 2010: $46,400Net Income 2010: -$38,2882010Expenses 2011: $39,0002011Expenses 2012: $24,7002012Expenses 2013: $20,6002013Revenue 2014: $10,221Expenses 2014: $21,000Net Income 2014: -$10,7792014Revenue 2015: $26,272Expenses 2015: $20,400Net Income 2015: $5,8722015Revenue 2016: $12,473Expenses 2016: $20,835Net Income 2016: -$8,3622016Revenue 2017: $14,154Expenses 2017: $21,033Net Income 2017: -$6,8792017Revenue 2018: $19,397Expenses 2018: $21,133Net Income 2018: -$1,7362018Revenue 2019: $39,649Expenses 2019: $21,486Net Income 2019: $18,1632019Revenue 2020: $69,590Expenses 2020: $21,911Net Income 2020: $47,6792020Revenue 2021: $30,489Expenses 2021: $22,933Net Income 2021: $7,5562021Revenue 2022: $33,316Expenses 2022: $23,713Net Income 2022: $9,6032022Revenue 2024: $94,486Expenses 2024: $26,569Net Income 2024: $67,9172024

Highlighted filing

2015

Revenue$26,272
Expenses$20,400
Net Income$5,872
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
May 13, 2016
Return Version
2014v6.0
Gross Receipts
$82,206
Mission and Program Overview

Mission

To provide scholarship funds to roessler-chadwick foundation, a private school which is dedicated to academic excellence and to the development of self-confident individuals of exemplary character.

To provide student scholarships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$554,584$546,770▼ $7,814
Total Assets$554,584$546,770▼ $7,814
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$554,584$546,770▼ $7,814
Total Net Assets Fund Balance$554,584$546,770▼ $7,814
Total Liabilities and Net Assets / Fund Balance$554,584$546,770▼ $7,814
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MiguelezChairman
Frederick T HillDirector
John KjennerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$26,272
Other Revenue
$0
Change in Net Assets
$5,872
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$20,400
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$20,400--$20,400
Total Functional Expenses$20,400$0$0$20,400
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Roessler-chadwick FoundationPalos Verdes Peninsula, CA501(c)(3)Scholarships$20,400
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
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The csf form 990 is prepared by the treasurer and shared with the current board of directors prior to filing with the irs.

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

Each new trustee completes a "conflict of interest" questionnaire and then annually each board member completes the "governance conflict" questionnaire. Upon identification of a conflict of interest, the chairman and the board will best determine how to proceed.

Form 990, Part VI, Section C, Line 19

The form 990, the determination letter, the conflict of interest, and governing documents are available upon request by the public. A copy of the form 990 is also available on guidestar.org.

Filing and Contact Details

Filer

Filer Name
Chadwick Scholarship Foundation
EIN
23-7149456
Phone
3103771543
Address
26800 S ACADEMY DRIVE, PALOS VERDES ESTATES, CA 90274

Signing Officer

Name
John Kjenner
Title
CFO
Phone
3103771543
Signed
2016-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Kjenner
Formed
1971
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
0

Preparer

Firm
Windes Inc
Address
PO BOX 87, LONG BEACH, CA 90801-0087
Preparer
Donita M Joseph
Phone
5624351191
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation is a public charity structured as a nonprofit corporation under internal revenue code section 501(c)(3). The foundation is exempt from income taxes, domestic and foreign, related to revenue received in connection with exempt programs. The foundation recognizes the financial statement benefit of tax positions, such as its filing status as tax exempt, only after determining that the relevant tax authority would more likely than not sustain the position following an audit. The foundation is subject to potential income tax audits on open tax years by any taxing jurisdiction in which it operates. The statute of limitations for federal and california state purposes is generally three and four years, respectively.

Raw XML Appendix372 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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IRS990/MissionDesc0TO PROVIDE SCHOLARSHIP FUNDS TO ROESSLER-CHADWICK FOUNDATION, A PRIVATE SCHOOL WHICH IS DEDICATED TO ACADEMIC EXCELLENCE AND TO THE DEVELOPMENT OF SELF-CONFIDENT INDIVIDUALS OF EXEMPLARY CHARACTER.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS A PUBLIC CHARITY STRUCTURED AS A NONPROFIT CORPORATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE FOUNDATION IS EXEMPT FROM INCOME TAXES, DOMESTIC AND FOREIGN, RELATED TO REVENUE RECEIVED IN CONNECTION WITH EXEMPT PROGRAMS. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAX EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CSF FORM 990 IS PREPARED BY THE TREASURER AND SHARED WITH THE CURRENT BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH NEW TRUSTEE COMPLETES A "CONFLICT OF INTEREST" QUESTIONNAIRE AND THEN ANNUALLY EACH BOARD MEMBER COMPLETES THE "GOVERNANCE CONFLICT" QUESTIONNAIRE. UPON IDENTIFICATION OF A CONFLICT OF INTEREST, THE CHAIRMAN AND THE BOARD WILL BEST DETERMINE HOW TO PROCEED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990, THE DETERMINATION LETTER, THE CONFLICT OF INTEREST, AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY THE PUBLIC. A COPY OF THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ROESSLER-CHADWICK FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ROESSLER CHADWICK FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0950615438
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO EDUCATE CHILDREN FROM KINDERGARTEN TO THE TWELFTH GRADE.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt026800 S ACADEMY DRIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PALOS VERDES PENINSULA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd090274
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0554584
IRS990/TotalAssetsEOYAmt0546770
IRS990/TotalAssetsGrp/BOYAmt0554584
IRS990/TotalAssetsGrp/EOYAmt0546770
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt020400
IRS990/TotalFunctionalExpensesGrp/TotalAmt020400
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0554584
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0546770
IRS990/TotalOtherCompensationAmt041621
IRS990/TotalProgramServiceExpensesAmt020400
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt026272
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt026272
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0554584
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0546770
IRS990/TotReportableCompRltdOrgAmt0646562
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0554584
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0546770
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt026800 S ACADEMY DRIVE
IRS990/USAddress/CityNm0PALOS VERDES PENINSULA
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090274
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN KJENNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum03103771543
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHADWICK SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0CHAD
ReturnHeader/Filer/EIN0237149456
ReturnHeader/Filer/PhoneNum03103771543
ReturnHeader/Filer/USAddress/AddressLine1Txt026800 S ACADEMY DRIVE
ReturnHeader/Filer/USAddress/CityNm0PALOS VERDES ESTATES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090274
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0953001179
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WINDES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 87
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LONG BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0908010087
ReturnHeader/PreparerPersonGrp/PhoneNum05624351191
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONITA M JOSEPH
ReturnHeader/ReturnTs02016-05-16T12:29:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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.$0.00$0.00$0.00$0.94$0.27$0.68
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.21$0.00$6.21$0.33$0.24$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.62$0.00$7.62$0.30$0.23$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.96$0.00$5.96$0.70$0.22$0.48
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$0.00$5.92$0.40$0.21$0.18
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.77$0.00$5.77$0.19$0.21$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.58$0.00$5.58$0.14$0.21$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.14$0.00$5.14$0.12$0.21$0.08
2015Detailed filing. Detailed filing data is available for this year.$5.47$0.00$5.47$0.26$0.20$0.06
2014Detailed filing. Detailed filing data is available for this year.$5.55$0.00$5.55$0.10$0.21$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.01$0.00$5.01$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$0.00$4.94$0.25
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.37$0.00$5.37$0.39
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.02$0.00$5.02$0.08$0.46$0.38
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $500k-$1M nonprofits