Civic Intelligence

Schlarman Foundation Inc C/O Schlarman Development Office

990 • Fiscal year 2023 • EIN 23-7367151

Jul 01, 2022 to Jun 30, 2023 • Filed on Apr 12, 2024

Organization ProfileN/A
PO Box 874Danville, IL 61834-0874

(217) 442-7947

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

17th percentile

0.00x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

80th percentile

26%

Higher net margin than 80% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

47th percentile

3.4%

Faster asset growth than 47% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-37%

Faster revenue growth than 10% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets17th percentile

Assets

Up

$4,191,289

Up $136,154 (+3.4%) from 2022

Net Assets

Up

$4,191,289

Up $136,154 (+3.4%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin80th percentile

Revenue

Down

$371,630

Down $222,446 (-37%) from 2022

Expenses

Up

$273,387

Up $139,905 (+105%) from 2022

Net Income

Down

$98,243

Down $362,351 (-79%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth47th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $391,588Liabilities 2012: $75,000Net Assets 2012: $316,5882012Assets 2013: $398,367Liabilities 2013: $0Net Assets 2013: $398,3672013Assets 2014: $456,041Liabilities 2014: $0Net Assets 2014: $456,0412014Assets 2015: $3,061,072Liabilities 2015: $0Net Assets 2015: $3,061,0722015Assets 2016: $3,041,044Liabilities 2016: $0Net Assets 2016: $3,041,0442016Assets 2017: $3,146,284Liabilities 2017: $0Net Assets 2017: $3,146,2842017Assets 2018: $3,288,837Liabilities 2018: $1,280Net Assets 2018: $3,287,5572018Assets 2019: $3,429,605Liabilities 2019: $1,046Net Assets 2019: $3,428,5592019Assets 2020: $3,491,082Liabilities 2020: $0Net Assets 2020: $3,491,0822020Assets 2021: $3,868,563Liabilities 2021: $0Net Assets 2021: $3,868,5632021Assets 2022: $4,055,135Liabilities 2022: $0Net Assets 2022: $4,055,1352022Assets 2023: $4,191,289Liabilities 2023: $0Net Assets 2023: $4,191,2892023Assets 2024: $4,309,855Liabilities 2024: $0Net Assets 2024: $4,309,8552024

Highlighted filing

2023

Assets$4,191,289
Liabilities$0
Net Assets$4,191,289
Open 2023 Filing

Operations Trend

Revenue Growth10th percentile

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

$3.0M$2.0M$1.0M$0Expenses 2012: $41,6072012Expenses 2013: $41,3732013Revenue 2014: $60,273Expenses 2014: $40,904Net Income 2014: $19,3692014Revenue 2015: $2,648,557Expenses 2015: $25,309Net Income 2015: $2,623,2482015Revenue 2016: $158,696Expenses 2016: $153,855Net Income 2016: $4,8412016Revenue 2017: $205,084Expenses 2017: $121,864Net Income 2017: $83,2202017Revenue 2018: $379,675Expenses 2018: $246,253Net Income 2018: $133,4222018Revenue 2019: $401,486Expenses 2019: $277,927Net Income 2019: $123,5592019Revenue 2020: $148,134Expenses 2020: $94,644Net Income 2020: $53,4902020Revenue 2021: $365,638Expenses 2021: $150,097Net Income 2021: $215,5412021Revenue 2022: $594,076Expenses 2022: $133,482Net Income 2022: $460,5942022Revenue 2023: $371,630Expenses 2023: $273,387Net Income 2023: $98,2432023Revenue 2024: $169,500Expenses 2024: $143,949Net Income 2024: $25,5512024

Highlighted filing

2023

Revenue$371,630
Expenses$273,387
Net Income$98,243
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Apr 12, 2024
Return Version
2022v5.0
Gross Receipts
$541,433
Mission and Program Overview

Mission

Schlarman foundation was formed to provide financial support to all facets of catholic education within the jurisdiction of schlarman academy and to assist the schlarman development office in providing support in areas of long-range financial development.

Financial support to promote catholic education

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,306,736$1,333,089▲ $26,353
Cash and Non-Interest-Bearing Accounts$197,567$350,060▲ $152,493
Savings and Temporary Cash Investments$110,832$68,140▼ $42,692
Total Assets$4,055,135$4,191,289▲ $136,154
Other Assets Total$2,440,000$2,440,000→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,817,260$2,923,695▲ $106,435
Net Assets Without Donor Restrictions$1,237,875$1,267,594▲ $29,719
Total Net Assets Fund Balance$4,055,135$4,191,289▲ $136,154
Total Liabilities and Net Assets / Fund Balance$4,055,135$4,191,289▲ $136,154

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,440,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$2,794,147$219,619▲ $23,113-$2,923,695
2021$2,794,400-▲ $32,172-$2,794,147
2020$2,737,532$52,275▲ $32,425-$2,794,400
2019$2,742,488$1,200▲ $27,832-$2,737,532
2018$2,757,163$5,000▲ $30,248$8,831$2,742,488
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
NANCY O'KANEPresident
Raymond BroderickVice President
Becky SchlechtDirector
Brian NevilleDirector
Curt GirouardDirector
Fr Thomas SzydilkDirector
Fred FaulstichDirector
JERRY O'NEILLDirector
JOHN O'ROURKEDirector
Jody LegettDirector
Judy MyersDirector
Michael BryantDirector
Patricia OwensDirector
Paul JanosikDirector
Peter GoodwinDirector
Raj KarinattuDirector
Richard CarrollDirector
William DonahueDirector
Mark PellegriniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$172,857
Program Service Revenue
$0
Investment Income
$87,708
Other Revenue
$111,065
All Other Contributions
$172,857
Change in Net Assets
$98,243
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$253,633
Other Expenses$19,754
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$131,334--$131,334
Grants to Domestic Orgs$122,299--$122,299
Fees for Service Investment Mgmnt Fees-$11,170-$11,170
Fees for Services Accounting-$6,693-$6,693
Insurance-$1,676-$1,676
Office Expenses-$29-$29
Other Expenses-$10-$10
Total Functional Expenses$253,633$19,754$0$273,387
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Schlarman AcademyDanville, IL501(c)(3)Operation of the School$122,299
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
No
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the officers of the board prior to its filing.”

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

“Board members are required to notify the board when conflicts occur during board meetings.”

Form 990, Part VI, Section C, Line 18

“The foundation makes its tax exempt application and form 990 filings available to the public upon request at the foundation offices.”

Form 990, Part VI, Section C, Line 19

“The foundation makes its governing documents, policies, and financial records available to the public upon request at the foundation offices.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Becky schlecht - p.o box 297, rossville, il 60963. Brian neville - po box 766, danville, il 61834-0766. Curt girouard - 11 maywood dr, danville, il 61832. Fred faulstich - 204 newell, danville, il 61832. Jerry o'neill - 202 wabash ave, catlin, il 61817. Jody legett - 1117 lake ridge rd, danville, il 61832. John o'rourke - 1959 n jaeger loop, lisle, il 60532. Judy myers - 1510 n logan, danville, il 61832. Mark pellegrini - 419 wilkin rd, danville, il 61832. Michael bryant - 16705 e 1200 n rd, westville, il 61883. Nancy o'kane - 111 cronkhite st, danville, il 61832. Patricia owens - 15105 short road, danville, il 61834. Paul janosik - 9803 state route 1, westville, il 61883. Peter goodwin - 32 country club dr, danville, il 61832. Raj karinattu - 52 maywood drive, danville, il 61832. Raymond broderick - 7 w. Raymond, danville, il 61832. Richard carroll - 3122 woodland trace, danville, il 61832. William donahue - 412 lakewood, danville, il 61832. Fr. Thomas szydilk - 1303 n. Walnut, danville, il 61832.”

Filing and Contact Details

Filer

Filer Name
Schlarman Foundation Inc
EIN
23-7367151
Phone
2174427947
Address
PO BOX 874, DANVILLE, IL 61834-0874

Signing Officer

Name
NANCY O'KANE
Title
President
Phone
2174421184
Signed
2024-04-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
NANCY O'KANE
Formed
1974
Legal Domicile
Il
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
19

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Andrew Smith CPA
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“There has been no change in its oversight process.”

Financial Statement Notes

Endowed Funds

“Endowed funds include contributions from donors where the principal is to remain intact with the income used to fund scholarships for schlarman academy students.”

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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/GrossReceiptsAmt0541433
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01676
IRS990/InsuranceGrp/TotalAmt01676
IRS990/InvestmentIncomeGrp/ExclusionAmt045430
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt045430
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01306736
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01333089
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0169803
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SCHLARMAN FOUNDATION WAS FORMED TO PROVIDE FINANCIAL SUPPORT TO ALL FACETS OF CATHOLIC EDUCATION WITHIN THE JURISDICTION OF SCHLARMAN ACADEMY AND TO ASSIST THE SCHLARMAN ADVANCEMENT OFFICE IN PROVIDING SUPPORT IN AREAS OF LONG-RANGE FINANCIAL DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04055135
IRS990/NetAssetsOrFundBalancesEOYAmt04191289
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt042278
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt042278
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt037911
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01237875
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01267594
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt029
IRS990/OfficeExpensesGrp/TotalAmt029
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02440000
IRS990/OtherAssetsTotalGrp/EOYAmt02440000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0POSTAGE & PRINTING
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0176
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110
IRS990/OtherExpensesGrp/TotalAmt0176
IRS990/OtherExpensesGrp/TotalAmt110
IRS990/OtherRevenueMiscGrp/BusinessCd0111000
IRS990/OtherRevenueMiscGrp/Desc0FARM INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0111065
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0111065
IRS990/OtherRevenueTotalAmt0111065
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0NANCY O'KANE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0461237
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0105611
IRS990/PYInvestmentIncomeAmt060839
IRS990/PYOtherExpensesAmt027871
IRS990/PYOtherRevenueAmt072000
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0460594
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0133482
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0594076
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt098243
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0110832
IRS990/SavingsAndTempCashInvstGrp/EOYAmt068140
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0PRESIDENT OF THE BOARD REGULARLY MEETS WITH THE PRINCIPAL OF SCHLARMAN ACADEMY AND THE FINANCE AND DEVELOPMENT TEAM OF THE ACADEMY. FINANCING ISSUES ARE ROUTINELY DISCUSSED AT THESE MEETINGS WHICH IMPACT THE AMOUNT OF FUNDING MADE AVAILABLE TO THE ACADEMY AND ITS STUDENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE FOUNDATIONS ORGANIZATIONAL PURPOSE IS SOLELY TO FINANCIALLY SUPPORT SCHLARMAN ACADEMY. FUNDS ARE RAISED FOR EITHER DIRECT SUPPORT TO THE ACADEMY OR FOR SCHOLARSHIPS FOR STUDENTS ATTENDING SCHLARMAN ACADEMY. BOARD MEMBERS AND THE ADVANCEMENT DIRECTOR OF THE FOUNDATION ATTEND BOARD AND ADVISORY COMMITTEE MEETINGS OF THE ACADEMY. THE PRINCIPAL OF THE ACADEMY ATTENDS THE FOUNDATION BOARD MEETINGS AND REPORTS ON THE FINANCIAL AND OTHER ACTIVITIES OF THE ACADEMY. THE ENTIRE BOARD MEETING AGENDA OF THE FOUNDATION PERTAINS TO THE FINANCIAL AND OTHER MATTERS OF THE ACADEMY.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SECTION E, LINE 2A
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0364527038
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0253633
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SCHLARMAN ACADEMY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0253633
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02794147
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0219619
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02923695
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0113184
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt023113
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02794400
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02794147
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt032425
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032172
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02737532
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt052275
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02794400
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt027832
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt032425
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02742488
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01200
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02737532
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt033988
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027832
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02757163
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02742488
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt036092
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt030248
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt08831
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02440000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FARMLAND
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.90382
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ENDOWED FUNDS INCLUDE CONTRIBUTIONS FROM DONORS WHERE THE PRINCIPAL IS TO REMAIN INTACT WITH THE INCOME USED TO FUND SCHOLARSHIPS FOR SCHLARMAN ACADEMY STUDENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0ENDOWED FUNDS
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.09618
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02440000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0131334
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS TO STUDENTS OF SCHLARMAN ACADEMY
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0N/A
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0103
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,191,289
Liabilities
$0
Net assets
$4,191,289
Revenue
$371,630
Expenses
$273,387
Net income
$98,243
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.31$0.00$4.31$0.17$0.14$0.03
2023Detailed filing. Detailed filing data is available for this year.$4.19$0.00$4.19$0.37$0.27$0.10
2022Detailed filing. Detailed filing data is available for this year.$4.06$0.00$4.06$0.59$0.13$0.46
2021Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$0.37$0.15$0.22
2020Detailed filing. Detailed filing data is available for this year.$3.49$0.00$3.49$0.15$0.09$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$0.40$0.28$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.29$0.00$3.29$0.38$0.25$0.13
2017Detailed filing. Detailed filing data is available for this year.$3.15$0.00$3.15$0.21$0.12$0.08
2016Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$0.16$0.15$0.00
2015Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$2.65$0.03$2.62
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.06$0.04$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.08$0.32$0.04