Civic Intelligence

Laude Educ 5

990EZ • Fiscal year 2021 • EIN 23-7243478

Jan 01, 2021 to Dec 31, 2021 • Filed on May 02, 2022

Organization Profile
PO Box 630858Cincinnati, OH 45263-0858

(800) 795-4115

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

67th percentile

22%

Higher net margin than 67% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

78th percentile

$1,063

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 16.6% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

45th percentile

2.4%

Faster asset growth than 45% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

142%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$60,200

Up $1,430 (+2.4%) from 2020

Net Assets

Up

$60,200

Up $1,430 (+2.4%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin67th percentile

Revenue

Up

$6,387

Up $3,753 (+142%) from 2020

Expenses

Up

$4,968

Up $753 (+18%) from 2020

Net Income

Up

$1,419

Up $3,000 (+190%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth45th percentile

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

$80K$60K$40K$20K$0Assets 2015: $59,165Liabilities 2015: $0Net Assets 2015: $59,1652015Assets 2016: $59,393Liabilities 2016: $0Net Assets 2016: $59,3932016Assets 2017: $58,290Liabilities 2017: $0Net Assets 2017: $58,2902017Assets 2018: $57,513Liabilities 2018: $0Net Assets 2018: $57,5132018Assets 2019: $60,379Liabilities 2019: $0Net Assets 2019: $60,3792019Assets 2020: $58,770Liabilities 2020: $0Net Assets 2020: $58,7702020Assets 2021: $60,200Liabilities 2021: $0Net Assets 2021: $60,2002021Assets 2022: $56,054Liabilities 2022: $0Net Assets 2022: $56,0542022Assets 2023: $53,460Liabilities 2023: $0Net Assets 2023: $53,4602023Assets 2024: $54,362Liabilities 2024: $0Net Assets 2024: $54,3622024

Highlighted filing

2021

Assets$60,200
Liabilities$0
Net Assets$60,200
Open 2021 Filing

Operations Trend

Revenue Growth89th percentile

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

$10K$5.0K$0-$5.0KRevenue 2015: $3,645Expenses 2015: $5,745Net Income 2015: -$2,1002015Revenue 2016: $5,713Expenses 2016: $5,487Net Income 2016: $2262016Revenue 2017: $3,228Expenses 2017: $4,334Net Income 2017: -$1,1062017Revenue 2018: $3,909Expenses 2018: $4,685Net Income 2018: -$7762018Revenue 2019: $7,942Expenses 2019: $5,076Net Income 2019: $2,8662019Revenue 2020: $2,634Expenses 2020: $4,215Net Income 2020: -$1,5812020Revenue 2021: $6,387Expenses 2021: $4,968Net Income 2021: $1,4192021Revenue 2022: $2,270Expenses 2022: $6,405Net Income 2022: -$4,1352022Revenue 2023: $3,289Expenses 2023: $5,876Net Income 2023: -$2,5872023Revenue 2024: $6,637Expenses 2024: $5,741Net Income 2024: $8962024

Highlighted filing

2021

Revenue$6,387
Expenses$4,968
Net Income$1,419
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 2, 2022
Return Version
2021v4.1
Gross Receipts
$28,735
Mission and Program Overview

Mission

Scholarships are paid in order to help defray the cost of college

Program Services

DescriptionGrantsExpenses
EDUCATIONAL SCHOLARSHIPS WERE AWARDED TO INDIVIDUALS, HELPING TO DEFRAY THE COST OF COLLEGE EDUCATION$2,600$2,600
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Trustee-$1,063-$1,063
Filing and Contact Details

Filer

Filer Name
Laude Educ 5
EIN
23-7243478
Phone
8007954115
Address
PO BOX 630858, CINCINNATI, OH 45263-0858

Signing Officer

Name
Matthew Carothers
Title
Trustee
Phone
8007954115
Signed
2022-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Ernst & Young US Llp
Address
800 YARD STREET SUITE 200, GRANDVIEW HEIGHTS, OH 43212
Preparer
Doak a Pfaff
Phone
6142327288
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Other Misc. Expenses 260 Tax Preparation Fee (non-allocable) 1000 Foreign Taxes on Qualified Foreign 41 Foreign Taxes on Nonqualified Forei 4”

Form 990-EZ, Part I, Line 20

“2020 transactions posted in 2021 26”

Form 990-EZ, Part I, Line 20

“Sales adjusted for roc 2 return of capital adjustment 2 2021 transactions posted in 2022 11”

Raw XML Appendix142 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FIFTH THIRD BANK NA
IRS990EZ/BooksInCareOfDetail/PhoneNum05135347001
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt038 FOUNTAIN SQUARE PLAZA MD1090VD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CINCINNATI
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd045202
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt058770
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt060200
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOrOtherBasisExpenseSaleAmt022348
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01419
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt058770
IRS990EZ/Form990TotalAssetsGrp/EOYAmt060200
IRS990EZ/GainOrLossFromSaleOfAssetsAmt04617
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02600
IRS990EZ/GrossReceiptsAmt028735
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt01770
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt058770
IRS990EZ/NetAssetsOrFundBalancesEOYAmt060200
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt058770
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt060200
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0FIFTH THIRD BANK NA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt01063
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt011
IRS990EZ/OtherExpensesTotalAmt01305
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIPS ARE PAID IN ORDER TO HELP DEFRAY THE COST OF COLLEGE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EDUCATIONAL SCHOLARSHIPS WERE AWARDED TO INDIVIDUALS, HELPING TO DEFRAY THE COST OF COLLEGE EDUCATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02600
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02600
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01063
IRS990EZ/SaleOfAssetsGrossAmt026965
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MI
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt04968
IRS990EZ/TotalProgramServiceExpensesAmt02600
IRS990EZ/TotalRevenueAmt06387
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0334441082
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd05
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02600
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0OHIO FOUNDATION OF INDEPENDENT INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt02600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Other Misc. Expenses 260 Tax Preparation Fee (non-allocable) 1000 Foreign Taxes on Qualified Foreign 41 Foreign Taxes on Nonqualified Forei 4
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12020 TRANSACTIONS POSTED IN 2021 26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALES ADJUSTED FOR ROC 2 RETURN OF CAPITAL ADJUSTMENT 2 2021 TRANSACTIONS POSTED IN 2022 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MATTHEW CAROTHERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum08007954115
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAUDE EDUC 5
ReturnHeader/Filer/BusinessNameControlTxt0LAUD
ReturnHeader/Filer/EIN0237243478
ReturnHeader/Filer/PhoneNum08007954115
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 630858
ReturnHeader/Filer/USAddress/CityNm0CINCINNATI
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd0452630858
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0346565596
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0800 YARD STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRANDVIEW HEIGHTS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd043212
ReturnHeader/PreparerPersonGrp/PhoneNum06142327288
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DOAK A PFAFF
ReturnHeader/ReturnTs02022-05-03T12:00:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$60,200
Liabilities
$0
Net assets
$60,200
Revenue
$6,387
Expenses
$4,968
Net income
$1,419
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$54.4$0.00$54.4$6.64$5.74$0.90
2023Detailed filing. Detailed filing data is available for this year.$53.5$0.00$53.5$3.29$5.88$2.59
2022Detailed filing. Detailed filing data is available for this year.$56.1$0.00$56.1$2.27$6.41$4.14
2021Detailed filing. Detailed filing data is available for this year.$60.2$0.00$60.2$6.39$4.97$1.42
2020Detailed filing. Detailed filing data is available for this year.$58.8$0.00$58.8$2.63$4.22$1.58
2019Detailed filing. Detailed filing data is available for this year.$60.4$0.00$60.4$7.94$5.08$2.87
2018Detailed filing. Detailed filing data is available for this year.$57.5$0.00$57.5$3.91$4.69$0.78
2017Detailed filing. Detailed filing data is available for this year.$58.3$0.00$58.3$3.23$4.33$1.11
2016Detailed filing. Detailed filing data is available for this year.$59.4$0.00$59.4$5.71$5.49$0.23
2015Detailed filing. Detailed filing data is available for this year.$59.2$0.00$59.2$3.65$5.75$2.10