Civic Intelligence

Fiftieth Anniversary Scholarship Fund

990 • Fiscal year 2016 • EIN 23-7331103

Jul 01, 2015 to Jun 30, 2016 • Filed on May 10, 2017

755 South Price RoadSaint Louis, MO 63124

(314) 993-4040

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

37th percentile

-1.2%

Higher net margin than 37% of similar nonprofits.

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

Top Officer Pay

97th percentile

$445,460

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 163.4% of source-year revenue.

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

Asset Growth

14th percentile

-8.6%

Faster asset growth than 14% of similar nonprofits.

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

Revenue Growth

41st percentile

-0.1%

Faster revenue growth than 41% of similar nonprofits.

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

Assets

Down

$4,669,817

Down $438,070 (-8.6%) from 2015

Net Assets

Down

$4,669,817

Down $438,070 (-8.6%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$272,702

Down $359 (-0.1%) from 2015

Expenses

Down

$275,984

Down $19,155 (-6.5%) from 2015

Net Income

Up

-$3,282

Up $18,796 (+85%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $3,801,526Liabilities 2010: $0Net Assets 2010: $3,801,5262010Assets 2012: $4,318,826Liabilities 2012: $0Net Assets 2012: $4,318,8262012Assets 2013: $4,600,307Liabilities 2013: $0Net Assets 2013: $4,600,3072013Assets 2015: $5,107,887Liabilities 2015: $0Net Assets 2015: $5,107,8872015Assets 2016: $4,669,817Liabilities 2016: $0Net Assets 2016: $4,669,8172016Assets 2018: $6,347,862Liabilities 2018: $0Net Assets 2018: $6,347,8622018Assets 2021: $9,340,344Liabilities 2021: $0Net Assets 2021: $9,340,3442021Assets 2022: $6,963,856Liabilities 2022: $0Net Assets 2022: $6,963,8562022

Highlighted filing

2016

Assets$4,669,817
Liabilities$0
Net Assets$4,669,817

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $254,6692010Expenses 2012: $249,9702012Expenses 2013: $267,8722013Revenue 2015: $273,061Expenses 2015: $295,139Net Income 2015: -$22,0782015Revenue 2016: $272,702Expenses 2016: $275,984Net Income 2016: -$3,2822016Revenue 2018: $631,357Expenses 2018: $278,235Net Income 2018: $353,1222018Revenue 2021: $599,732Expenses 2021: $340,317Net Income 2021: $259,4152021Revenue 2022: $195,700Expenses 2022: $417,313Net Income 2022: -$221,6132022

Highlighted filing

2016

Revenue$272,702
Expenses$275,984
Net Income-$3,282
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 10, 2017
Return Version
2015v3.0
Gross Receipts
$1,243,350
Mission and Program Overview

Mission

The fifieth anniversary scholarship fund was established to provide need-based grants to students at john burroughs school.

The fiftieth anniversary scholarship fund was established to provide need-based grants to students at john burroughs school, an exempt organization under irc 501(c)(3).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,107,887$4,669,776▼ $438,111
Savings and Temporary Cash Investments$0$41▲ $41
Total Assets$5,107,887$4,669,817▼ $438,070
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,167,068$3,628,998▼ $538,070
Permanently Rstr Net Assets$940,819$1,040,819▲ $100,000
Total Net Assets Fund Balance$5,107,887$4,669,817▼ $438,070
Total Liabilities and Net Assets / Fund Balance$5,107,887$4,669,817▼ $438,070

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$5,107,887$100,000▼ $262,085-$4,669,818
2014$5,167,844-▲ $235,182-$5,107,887
2013$4,600,307-▲ $823,732-$5,167,844
2012$4,318,826-▲ $549,353-$4,600,307
2011$4,470,286-▲ $98,510-$4,318,826
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$100,000
Program Service Revenue
$0
Investment Income
$172,702
Other Revenue
$0
Change in Net Assets
$-3,282

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,502
Revenue Not Reported on Financial Statements
$250,200
Revenue Not Reported on Form 990
$-434,788
Other Revenue Adjustments
$250,200
Total Revenue per Audited Statements
$-412,286
Total Revenue per Form 990
$272,702
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$250,200
Other Expenses$25,784
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$250,200--$250,200
Fees for Service Investment Mgmnt Fees-$25,784-$25,784
Total Functional Expenses$250,200$25,784$0$275,984

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$275,984
Expenses Not Reported on Financial Statements$250,200
Other Expense Adjustments$250,200
Expenses per Audited Statements$25,784
Total Expenses per Audited Statements$25,784
Expenses Not Reported on Form 990$0
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
Backup withholding compliance
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 A, Line 2

John mcdonnell, trustee, is married to anne mcdonnell, trustee

Form 990, Part VI, Section B, Line 11

The form 990 was prepared by an independent accounting firm and reviewed by management prior to filing. The board is provided a copy of the 990 prior to filing.

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

The conflict of interest policy is reviewed annually and signed by all board members. All of the signed statements are reviewed by john burroughs school's business manager for any conflicts. Those statements that disclose conflicts are reviewed and documented by the board of trustees.

Form 990, Part VI, Section B, Line 15

As the fiftieth anniversary scholarship fund has no paid employees, it does not have a compensation policy.

Form 990, Part VI, Section C, Line 19

Copies of the fiftieth anniversary scholarship fund governing documents and financial statements are available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Fiftieth Anniversary Scholarship Fund
EIN
23-7331103
Phone
3149934040
Address
755 SOUTH PRICE ROAD, SAINT LOUIS, MO 63124

Signing Officer

Name
Andrew Abbott
Title
Head of School
Phone
3149934040
Signed
2017-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Abbott
Formed
1973
Legal Domicile
Mo
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Rubinbrown Llp
Address
ONE NORTH BRENTWOOD, SAINT LOUIS, MO 63105
Preparer
Mary Kay Lofgren
Phone
3142903300
Supplemental Narrative

Additional Explanations

Part XII, Line 2 C

No change from prior year.

Financial Statement Notes

PART V, LINE 4:

The fiftieth anniversary scholarship fund was established as an endowment fund to cover the cost of need-based tuition grants at john burroughs school for qualified students. The spending policy for the fund is determined by trustees annually.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Grants/assistance to others contra-rev in fin stmts, expense on form 990 250,200.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Grants/assistance to others contra-rev in fin stmts, expense on form 990 250,200.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FIFTIETH ANNIVERSARY SCHOLARSHIP FUND WAS ESTABLISHED AS AN ENDOWMENT FUND TO COVER THE COST OF NEED-BASED TUITION GRANTS AT JOHN BURROUGHS SCHOOL FOR QUALIFIED STUDENTS. THE SPENDING POLICY FOR THE FUND IS DETERMINED BY TRUSTEES ANNUALLY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GRANTS/ASSISTANCE TO OTHERS CONTRA-REV IN FIN STMTS, EXPENSE ON FORM 990 250,200.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2GRANTS/ASSISTANCE TO OTHERS CONTRA-REV IN FIN STMTS, EXPENSE ON FORM 990 250,200.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.77710
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0275984
IRS990ScheduleD/TotalRevenuePerForm990Amt0272702
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-412286
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt025784
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0250200
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION REDUCTION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COMPARABLE COST
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0IT SHALL BE THE SPECIFIC PURPOSE OF THE FIFTIETH ANNIVERSARY SCHOLARSHIP FUND TO PROVIDE THE FUNDS AND VEHICLE FOR SEEKING OUT AND AWARDING GRANTS TO QUALIFIED APPLICANTS TO JOHN BURROUGHS SCHOOL, WHICH APPLICANTS SHALL HAVE BACKGROUNDS, CULTURAL EXPERIENCES OR TALENTS DIFFERENT FROM A MAJORITY OF THE STUDENTS. ALL GRANT RECIPIENTS WILL APPLY FOR TUITION ASSISTANCE FROM JOHN BURROUGHS SCHOOL AND THE GRANT AWARD AUTHORIZED BY THE BOARD OF THE FUND WILL BE BASED SOLELY ON FINANCIAL NEED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0268436
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt021200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0114150
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt041674
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ANDREW ABBOTT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0445460
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN MCDONNELL, TRUSTEE, IS MARRIED TO ANNE MCDONNELL, TRUSTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT PRIOR TO FILING. THE BOARD IS PROVIDED A COPY OF THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND SIGNED BY ALL BOARD MEMBERS. ALL OF THE SIGNED STATEMENTS ARE REVIEWED BY JOHN BURROUGHS SCHOOL'S BUSINESS MANAGER FOR ANY CONFLICTS. THOSE STATEMENTS THAT DISCLOSE CONFLICTS ARE REVIEWED AND DOCUMENTED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS THE FIFTIETH ANNIVERSARY SCHOLARSHIP FUND HAS NO PAID EMPLOYEES, IT DOES NOT HAVE A COMPENSATION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COPIES OF THE FIFTIETH ANNIVERSARY SCHOLARSHIP FUND GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART XII, LINE 2 C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JOHN BURROUGHS SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0430652619
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0755 SOUTH PRICE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SAINT LOUIS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd063124
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0250200
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1100000
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0JOHN BURROUGHS SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1JOHN BURROUGHS SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04167068
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03628998
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05107887
IRS990/TotalAssetsEOYAmt04669817
IRS990/TotalAssetsGrp/BOYAmt05107887
IRS990/TotalAssetsGrp/EOYAmt04669817
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0100000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025784
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0250200
IRS990/TotalFunctionalExpensesGrp/TotalAmt0275984
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05107887
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04669817
IRS990/TotalOtherCompensationAmt0135350
IRS990/TotalProgramServiceExpensesAmt0250200
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0172702
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0272702
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05107887
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04669817
IRS990/TotReportableCompRltdOrgAmt0310110
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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