Civic Intelligence

Cise Foundation

990 • Fiscal year 2023 • EIN 26-1590372

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

100 E Eighth StreetCincinnati, OH 45202

(513) 421-3131

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$23,526,784

Up $12,758,285 (+118%) from 2022

Net Assets

Up

$23,526,784

Up $12,758,285 (+118%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses

Revenue

Up

$10,308,958

Up $8,898,875 (+631%) from 2022

Expenses

Up

$383,567

Up $260,700 (+212%) from 2022

Net Income

Up

$9,925,391

Up $8,638,175 (+671%) from 2022

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $789,728Liabilities 2011: $0Net Assets 2011: $789,7282011Assets 2012: $2,736,584Liabilities 2012: $0Net Assets 2012: $2,736,5842012Assets 2013: $7,100,928Liabilities 2013: $0Net Assets 2013: $7,100,9282013Assets 2014: $7,515,259Liabilities 2014: $0Net Assets 2014: $7,515,2592014Assets 2015: $7,179,953Liabilities 2015: $0Net Assets 2015: $7,179,9532015Assets 2016: $8,102,342Liabilities 2016: $254,809Net Assets 2016: $7,847,5332016Assets 2017: $9,401,320Liabilities 2017: $542,302Net Assets 2017: $8,859,0182017Assets 2018: $8,903,043Liabilities 2018: $858,302Net Assets 2018: $8,044,7412018Assets 2019: $10,298,042Liabilities 2019: $858,302Net Assets 2019: $9,439,7402019Assets 2020: $11,358,160Liabilities 2020: $858,302Net Assets 2020: $10,499,8582020Assets 2021: $12,879,922Liabilities 2021: $0Net Assets 2021: $12,879,9222021Assets 2022: $10,768,499Liabilities 2022: $0Net Assets 2022: $10,768,4992022Assets 2023: $23,526,784Liabilities 2023: $0Net Assets 2023: $23,526,7842023Assets 2024: $26,569,965Liabilities 2024: $0Net Assets 2024: $26,569,9652024Assets 2025: $32,839,979Liabilities 2025: $0Net Assets 2025: $32,839,9792025

Highlighted filing

2023

Assets$23,526,784
Liabilities$0
Net Assets$23,526,784

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $68,3302011Expenses 2012: $161,2772012Revenue 2013: $1,284,923Expenses 2013: $116,173Net Income 2013: $1,168,7502013Revenue 2014: $788,022Expenses 2014: $181,589Net Income 2014: $606,4332014Revenue 2015: $109,920Expenses 2015: $260,716Net Income 2015: -$150,7962015Revenue 2016: $688,194Expenses 2016: $315,070Net Income 2016: $373,1242016Revenue 2017: $824,353Expenses 2017: $363,709Net Income 2017: $460,6442017Revenue 2018: $509,018Expenses 2018: $373,706Net Income 2018: $135,3122018Revenue 2019: $444,397Expenses 2019: $324,044Net Income 2019: $120,3532019Revenue 2020: $491,112Expenses 2020: $153,159Net Income 2020: $337,9532020Revenue 2021: $902,820Expenses 2021: $85,237Net Income 2021: $817,5832021Revenue 2022: $1,410,083Expenses 2022: $122,867Net Income 2022: $1,287,2162022Revenue 2023: $10,308,958Expenses 2023: $383,567Net Income 2023: $9,925,3912023Revenue 2024: $1,453,017Expenses 2024: $76,466Net Income 2024: $1,376,5512024Revenue 2025: $4,828,484Expenses 2025: $1,166,404Net Income 2025: $3,662,0802025

Highlighted filing

2023

Revenue$10,308,958
Expenses$383,567
Net Income$9,925,391
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$10,744,764
Mission and Program Overview

Mission

The specific purposes for which the foundation is formed are to provide financial support, and otherwise engage in or support efforts, activities, operations or projects intended to provide to children and families who are among the most in need of financial support the benefit of educational opportunities offered by those catholic schools that are a part of, or within the roman catholic archdiocese of cincinnati, ohio ("archdiocese") or by any other catholic schools otherwise located in the greater cincinnati area, in all such cases in the sole discretion of the foundation's board of directors and thereby contributing to a better future for the diverse community served by the archdiocese and such schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$10,762,114$23,521,863▲ $12,759,749
Cash and Non-Interest-Bearing Accounts$6,385$4,921▼ $1,464
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$10,768,499$23,526,784▲ $12,758,285
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,768,499$23,526,784▲ $12,758,285
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$10,768,499$23,526,784▲ $12,758,285
Total Liabilities and Net Assets / Fund Balance$10,768,499$23,526,784▲ $12,758,285
Compensation and Service Providers

Board Members and Trustees

NameTitle
-President
-Vice-president
-Trustee
-Secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,195,343
Program Service Revenue
$0
Investment Income
$113,612
Other Revenue
$3
All Other Contributions
$10,195,343
Change in Net Assets
$9,925,391
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$300,823
Other Expenses$48,058
Salaries, Compensation, and Employee Benefits$34,686
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$300,823--$300,823
Fees for Service Investment Mgmnt Fees$0$41,213$0$41,213
Other Salaries and Wages$0$34,686$0$34,686
Fees for Services Accounting$0$6,224$0$6,224
Other Expenses$0$353$0$353
Conferences and Meetings$0$268$0$268
Total Functional Expenses$300,823$82,744$0$383,567
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CiseCincinnati, OH501(c)(3)see statement$300,823
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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, Line 11B Review of form 990 by governing body

The cise foundation engages an outside accounting firm to prepare its form 990. When a draft is ready it is emailed by the cise foundation secretary or assistant secretary to all trustees and finance committee members for their review and approval prior to filing. Any questions and comments are forwarded by the cise foundation secretary or assistant secretary to the accounting firm for their response and revisions. The form 990 is filed after all trustees and finance committee members send their approval by email.

Form 990, Part VI, Line 12C Conflict of interest policy

All officers, trustees and committee members are covered under the conflict-of-interest policy. If a person is suspected of a conflict of interest, they will be asked to leave the board meeting while the issue is discussed. A disinterested person or committee may be asked to review the transactions in question. The board will determine by majority vote whether a conflict of interest exists. If the board has reason to believe that a conflict of interest does exist, appropriate and corrective action will be taken.

Form 990, Part VI, Line 19 Required documents available to the public

Governing documents are made available upon request. Annual financial statements are shared with the public in the cise foundation's annual report.

Filing and Contact Details

Filer

Filer Name
CISE Foundation
EIN
26-1590372
Phone
5134213131
Address
100 E EIGHTH STREET, CINCINNATI, OH 45202

Signing Officer

Name
Lawrence H Kyte Jr
Title
Persident
Phone
5134213131
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
0

Preparer

Firm
Forvis Mazars LLP
Address
312 Walnut Street Suite 3000, Cincinnati, OH 45202
Preparer
Aaron Hershberger
Phone
5136218300
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IRS990/GrantAmt0300823
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0300823
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0300823
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IRS990/GrantsToOrganizationsInd0true
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IRS990/GrossAmountSalesAssetsGrp/OtherAmt00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt00
IRS990/GrossReceiptsAmt010744764
IRS990/GrossRentsGrp/PersonalAmt00
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IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/ExclusionAmt00
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IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
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IRS990/IntangibleAssetsGrp/BOYAmt00
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IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
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IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentExpenseAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0549418
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt010762114
IRS990/InvestmentsPubTradedSecGrp/EOYAmt023521863
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0435806
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IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt00
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
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IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt00
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IRS990/MissionDesc0THE SPECIFIC PURPOSES FOR WHICH THE FOUNDATION IS FORMED ARE TO PROVIDE FINANCIAL SUPPORT, AND OTHERWISE ENGAGE IN OR SUPPORT EFFORTS, ACTIVITIES, OPERATIONS OR PROJECTS INTENDED TO PROVIDE TO CHILDREN AND FAMILIES WHO ARE AMONG THE MOST IN NEED OF FINANCIAL SUPPORT THE BENEFIT OF EDUCATIONAL OPPORTUNITIES OFFERED BY THOSE CATHOLIC SCHOOLS THAT ARE A PART OF, OR WITHIN THE ROMAN CATHOLIC ARCHDIOCESE OF CINCINNATI, OHIO ("ARCHDIOCESE") OR BY ANY OTHER CATHOLIC SCHOOLS OTHERWISE LOCATED IN THE GREATER CINCINNATI AREA, IN ALL SUCH CASES IN THE SOLE DISCRETION OF THE FOUNDATION'S BOARD OF DIRECTORS AND THEREBY CONTRIBUTING TO A BETTER FUTURE FOR THE DIVERSE COMMUNITY SERVED BY THE ARCHDIOCESE AND SUCH SCHOOLS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt023526784
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-435806
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-435806
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
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IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt02832894
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010768499
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023526784
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
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IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt0353
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt03
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03
IRS990/OtherRevenueTotalAmt03
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt034686
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt034686
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0LAWRENCE H KYTE JR
IRS990/PriorPeriodAdjustmentsAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$32.8$0.00$32.8$4.83$1.17$3.66
2024Detailed filing. Detailed filing data is available for this year.$26.6$0.00$26.6$1.45$0.08$1.38
2023Detailed filing. Detailed filing data is available for this year.$23.5$0.00$23.5$10.3$0.38$9.93
2022Detailed filing. Detailed filing data is available for this year.$10.8$0.00$10.8$1.41$0.12$1.29
2021Detailed filing. Detailed filing data is available for this year.$12.9$0.00$12.9$0.90$0.09$0.82
2020Detailed filing. Detailed filing data is available for this year.$11.4$0.86$10.5$0.49$0.15$0.34
2019Detailed filing. Detailed filing data is available for this year.$10.3$0.86$9.44$0.44$0.32$0.12
2018Detailed filing. Detailed filing data is available for this year.$8.90$0.86$8.04$0.51$0.37$0.14
2017Detailed filing. Detailed filing data is available for this year.$9.40$0.54$8.86$0.82$0.36$0.46
2016Detailed filing. Detailed filing data is available for this year.$8.10$0.25$7.85$0.69$0.32$0.37
2015Detailed filing. Detailed filing data is available for this year.$7.18$0.00$7.18$0.11$0.26$0.15
2014Detailed filing. Detailed filing data is available for this year.$7.52$0.00$7.52$0.79$0.18$0.61
2013Detailed filing. Detailed filing data is available for this year.$7.10$0.00$7.10$1.28$0.12$1.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.00$2.74$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.07