Civic Intelligence

Higher Education Trust

EIN 23-7159935 • Geneva, NE

Heartland Bank - 896 G StreetGeneva, NE 68361
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

66th percentile

0.00x

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

<$500k nonprofits • Source year 2021

Net Margin

95th percentile

83%

Higher net margin than 95% of similar nonprofits.

<$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

<$500k nonprofits • Source year 2021

Asset Growth

12th percentile

-100%

Faster asset growth than 12% of similar nonprofits.

<$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

-23%

Faster revenue growth than 30% of similar nonprofits.

<$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $131,850 (-100%) from 2020

Liabilities

Down

$0

Down $7,000 (-100%) from 2020

Net Assets

Down

$0

Down $124,850 (-100%) from 2020

Revenue

Down

$6,918

Down $2,102 (-23%) from 2020

Expenses

Down

$1,185

Down $18,767 (-94%) from 2020

Net Income

Up

$5,733

Up $16,665 (+152%) from 2020

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2013: $188,817Liabilities 2013: $13,000Net Assets 2013: $175,8172013Assets 2014: $166,114Liabilities 2014: $12,750Net Assets 2014: $153,3642014Assets 2015: $147,149Liabilities 2015: $11,000Net Assets 2015: $136,1492015Assets 2016: $163,101Liabilities 2016: $13,750Net Assets 2016: $149,3512016Assets 2018: $157,593Liabilities 2018: $9,000Net Assets 2018: $148,5932018Assets 2019: $144,782Liabilities 2019: $9,000Net Assets 2019: $135,7822019Assets 2020: $131,850Liabilities 2020: $7,000Net Assets 2020: $124,8502020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$40K$20K$0-$20K-$40KExpenses 2013: $29,3232013Revenue 2014: $5,072Expenses 2014: $27,525Net Income 2014: -$22,4532014Revenue 2015: $7,002Expenses 2015: $24,217Net Income 2015: -$17,2152015Revenue 2016: $17,056Expenses 2016: $31,661Net Income 2016: -$14,6052016Revenue 2018: $28,581Expenses 2018: $25,228Net Income 2018: $3,3532018Revenue 2019: $15,209Expenses 2019: $28,020Net Income 2019: -$12,8112019Revenue 2020: $9,020Expenses 2020: $19,952Net Income 2020: -$10,9322020Revenue 2021: $6,918Expenses 2021: $1,185Net Income 2021: $5,7332021

Highlighted filing

2021

Revenue$6,918
Expenses$1,185
Net Income$5,733

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Dec 1, 2020 to Apr 1, 2021
Signed
Nov 8, 2021
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
HEARTLAND TRUSTTrustee-$0--
BART BRINKMANTrustee-$0--
JOHN WILKINSTrustee-$0--
P R FARMERTrustee-$0--
ADAM ERDKAMPTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Higher Education Scholarship Trust
EIN
23-7159935
Phone
4024630101
Address
HEARTLAND BANK - 896 G STREET, GENEVA, NE 68361

Signing Officer

Name
Lucas Swartzendruber
Title
Trustee
Phone
4027593114
Signed
2021-11-08
Discuss with paid preparer
Yes

Preparer

Firm
Lutz and Company Pc
Address
PO BOX 1317, HASTINGS, NE 68902-1317
Preparer
Ashley a Englund CPA Cva
Phone
4024624154
Raw XML Appendix338 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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DissolutionStmt/DissolutionInformationGrp/ShortExplanationTxt0AS OF MARCH 29, 2021, THE TRUST DISTRIBUTED ALL SUCH ASSETS TO THEHEARTLAND BANK FOUNDATION (896 G STREET, GENEVA, NE 68361-2040). THEHEARTLAND BANK FOUNDATION CURRENTLY HAS A FORM 1023 APPLICATION FOR501(C)(3) STATUS PENDING, AND IS ANTICIPATED TO BE CLASSIFIED AS SUCH PRIORTO THE DATE IT RECEIVED TRANSFER OF THE TRUST'S ASSETS.ISARES CORE S&P MID-CAP ETF XXX-XX-XXXX 555.00 SHARES @ 257.05 = $142,662.75ISHARES S&P MID-CAP 400 VALUE ETF XXX-XX-XXXX 249 SHARES @ 101.02 = $25,153.98ISHARES CORE S&P SMALL-CAP ETF XXX-XX-XXXX 1,348 SHARES @ 106.59 = $143,683.32ISHARES CORE S&P 500 ETF XXX-XX-XXXX 402 SHARES @ 397.25 = $159,694.50CASH $4,938.32
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt0896 G STREET PO BOX 313
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0GENEVA
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0NE
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd068361
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd00
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd00
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd01
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0NE
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd00
IRS990PF/StatementsRegardingActyGrp/PersonsWithBooksName/BusinessNameLine1Txt0HEARTLAND BANK
IRS990PF/StatementsRegardingActyGrp/PhoneNum04027593114
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd00
IRS990PF/StatementsRegardingActyGrp/Section4955ManagersTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section4955OrganizationTaxAmt00
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd01
IRS990PF/StatementsRegardingActyGrp/TaxReimbursedAmt00
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd00
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0SCHOLARSHIPS AWARDED - SEE PART XV 3A
IRS990PF/SummaryOfDirectChrtblActyGrp/Expenses1Amt00
IRS990PF/SumOfProgramRelatedInvstGrp/TotalAmt00
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0APPLICATIONS ARE MADE ON A FORM PROVIDED BY HEARTLAND BANK. A NAME, ADDRESS, HIGH SCHOOL, CLASS SIZE & RANKING, COLLEGE CHOSEN TO ATTEND, AND PROPOSED COURSE OF STUDY IS REQUIRED. THEY MUST ALSO DISCLOSE THEIR CURRENT GPA AND ACT SCORE ALONG WITH A LIST OF OTHER SCHOLARSHIPS APPLIED FOR, COMMUNITY ACTIVITIES THEY'RE INVOLVED IN, NAMES OF SIBLINGS UNDER 21, AND ANY JOBS OR PROJECTS PARTAKEN IN. ALL APLICATIONS ALSO REQUIRE A ONE PAGE LETTER EXPLAINING THEIR DECISION FOR THE CHOSEN COURSE OF STUDY.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0LUCAS SWARTZENDRUBER
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum04027593114
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0896 G STREET PO BOX 313
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0GENEVA
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0NE
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd068361
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0AWARDS CAN ONLY BE GIVEN TO APPLICANTS FROM FILLMORE COUNTY ACCREDITED HIGH SCHOOLS WHO WILL ATTEND COLLEGE IN NEBRASKA.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0DETERMINED ANNUALLY BY GRADUATION DATES. DEADLINE IS APPROXIMATELY APRIL 15 OF EACH YEAR.
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriApprvFutAmt00
IRS990PF/SupplementaryInformationGrp/TotalGrantOrContriPdDurYrAmt00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd00
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd00
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/AppliedToYear1Amt00
IRS990PF/UndistributedIncomeGrp/CorpusDistri170b1EOr4942g3Amt00
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt06693
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt06693
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt0843
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt01918
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt07198
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt06693
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt0505
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt02761
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt0843
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt01918
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt00
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt03266
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt09959
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt00
LiquidationExplanationStmt/ExplanationTxt0PURSUANT TO ARTICLE 5 OF THE DECLARATION OF TRUST FOR HIGHER EDUCATION FOR GRADUATES OF ACCREDITED FILLMORE COUNTY, NEBRASKA HIGH SCHOOLS DATED DECEMBER 31, 1970, THE BOARD OF TRUSTEES BELIEVES IT TO BE IN THE TRUST'S BEST INTERESTS TO TERMINATE THE TRUST BY MERGER AND DISTRIBUTE ALL OF THE TRUST'S ASSETS TO THE HEARTLAND BANK FOUNDATION, A NEBRASKA CHARITABLE TRUST.
OtherAssetsSchedule/OtherAssetsScheduleGrp/BOYBookValueAmt0127070
OtherAssetsSchedule/OtherAssetsScheduleGrp/Desc0SEE SCHEDULE ATTACHED
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYBookValueAmt00
OtherAssetsSchedule/OtherAssetsScheduleGrp/EOYFMVAmt00
OtherDecreasesSchedule/OtherDecreasesDetail/Amt0130583
OtherDecreasesSchedule/OtherDecreasesDetail/Desc0MERGER WITH HEARTLAND BANK FOUNDATION
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt05
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt11020
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0MISCELLANEOUS
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt1PROFESSIONAL FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt10
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt10
TaxesSchedule/TaxesDetail/Amt0135
TaxesSchedule/TaxesDetail/CategoryTxt0TAXES ON INVESTMENT INCOME
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LUCAS SWARTZENDRUBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum04027593114
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGHER EDUCATION SCHOLARSHIP TRUST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O HEARTLAND BANK
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0237159935
ReturnHeader/Filer/PhoneNum04024630101
ReturnHeader/Filer/USAddress/AddressLine1Txt0HEARTLAND BANK - 896 G STREET
ReturnHeader/Filer/USAddress/CityNm0GENEVA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NE
ReturnHeader/Filer/USAddress/ZIPCd068361
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470625816
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUTZ AND COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1317
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HASTINGS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0689021317
ReturnHeader/PreparerPersonGrp/PhoneNum04024624154
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ASHLEY A ENGLUND CPA CVA
ReturnHeader/ReturnTs02021-12-03T08:30:23-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LUCAS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SWARTZENDRUBER
ReturnHeader/TaxPeriodBeginDt02020-12-01
ReturnHeader/TaxPeriodEndDt02021-04-01
ReturnHeader/TaxYr02020

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