Civic Intelligence

Kerusso Institute for Global Leaders

990EZ • Fiscal year 2021 • EIN 26-1968833

Jan 01, 2021 to Dec 31, 2021 • Filed on May 12, 2022

P O Box 6871McKinney, TX 75071

(469) 307-3087

Siviq Scores

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

Liabilities / Assets

87th percentile

0.39x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

69th percentile

0.02x

Higher debt load relative to revenue than 69% of similar nonprofits.

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

Net Margin

18th percentile

-23%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

4th percentile

-87%

Faster asset growth than 4% of similar nonprofits.

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

Revenue Growth

43rd percentile

-4.0%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Down

$6,439

Down $42,982 (-87%) from 2020

Net Assets

Down

$3,921

Down $27,233 (-87%) from 2020

Liabilities

Down

$2,518

Down $15,749 (-86%) from 2020

Revenue

Down

$120,484

Down $5,073 (-4.0%) from 2020

Expenses

Up

$147,717

Up $35,037 (+31%) from 2020

Net Income

Down

-$27,233

Down $40,110 (-311%) from 2020

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $10,187Net Assets 2011: $10,1872011Assets 2012: $15,567Liabilities 2012: $632Net Assets 2012: $14,9352012Assets 2013: $6,197Liabilities 2013: $632Net Assets 2013: $5,5652013Assets 2014: $42,451Net Assets 2014: $42,4512014Assets 2015: $34,089Liabilities 2015: $1,052Net Assets 2015: $33,0372015Assets 2016: $45,927Liabilities 2016: $1,885Net Assets 2016: $44,0422016Assets 2017: $25,815Liabilities 2017: $3,040Net Assets 2017: $22,7752017Assets 2019: $23,634Liabilities 2019: $2,504Net Assets 2019: $21,1302019Assets 2020: $49,421Liabilities 2020: $18,267Net Assets 2020: $31,1542020Assets 2021: $6,439Liabilities 2021: $2,518Net Assets 2021: $3,9212021Assets 2022: $0Net Assets 2022: $5,0432022Assets 2023: $5,645Net Assets 2023: $5,6452023Assets 2024: $3,208Net Assets 2024: $3,2082024

Highlighted filing

2021

Assets$6,439
Liabilities$2,518
Net Assets$3,921

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $53,598Expenses 2011: $53,395Net Income 2011: $2032011Revenue 2012: $87,829Expenses 2012: $83,082Net Income 2012: $4,7472012Revenue 2013: $73,060Expenses 2013: $82,430Net Income 2013: -$9,3702013Revenue 2014: $142,376Expenses 2014: $105,490Net Income 2014: $36,8862014Revenue 2015: $173,523Expenses 2015: $182,941Net Income 2015: -$9,4182015Revenue 2016: $139,463Expenses 2016: $128,458Net Income 2016: $11,0052016Revenue 2017: $143,413Expenses 2017: $164,680Net Income 2017: -$21,2672017Revenue 2019: $110,531Expenses 2019: $137,838Net Income 2019: -$27,3072019Revenue 2020: $125,557Expenses 2020: $112,680Net Income 2020: $12,8772020Revenue 2021: $120,484Expenses 2021: $147,717Net Income 2021: -$27,2332021Revenue 2022: $44,140Expenses 2022: $43,018Net Income 2022: $1,1222022Revenue 2023: $65,403Expenses 2023: $59,758Net Income 2023: $5,6452023Revenue 2024: $53,286Expenses 2024: $55,723Net Income 2024: -$2,4372024

Highlighted filing

2021

Revenue$120,484
Expenses$147,717
Net Income-$27,233
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 12, 2022
Return Version
2021v4.2
Gross Receipts
$120,484
Mission and Program Overview

Mission

Kerusso foundation inc's. Mission is to develop leadership programs and train the leadership teams of christian based organizations who operate in the emerging countries.

See schedule O

Program Services

DescriptionGrantsExpenses
See schedule O-$125,330
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jay ClarkExecutive DirectorFT$0--
Tim GerwingChairman-$0--
John DulipTreasurer-$0--
Brad FraserSecretary-$0--
Matthew BaxterDirector-$0--
Verna OmanwaDirector-$0--
Filing and Contact Details

Filer

Filer Name
Kerusso Institute for Global Leaders
EIN
26-1968833
Address
P O BOX 6871, McKinney, TX 75071

Signing Officer

Name
Billy J Clark
Title
Executive Direc
Phone
4693073087
Signed
2022-05-12
Discuss with paid preparer
No

Preparer

Firm
Lian Liu CPA LLC
Address
8751 Collin McKinney Pkwy STE 1101, McKinney, TX 75070
Preparer
Lian X Liu
Phone
4696098800
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

Description AmountAdvertising & Marketing 1,028Bank Service Fees 292Meals 594Office supplies 5,363Payroll Taxes 7,208Travel 7,399Kerusso Programs 199Cohort 259Hybrid Event Fees 908Workshop Fee 1,506Stripe Fee 145China Project 11,117Miscellaneous 204

Description of other assets Part II line 24

Category Beginning of Year End of YearMiscellaneous 1,950 0

Description of total liabilities Part II line 26

Category Beginning of Year End of YearFederl Taxes 1,372 2,518PPP Loan 14,957 0Accounts Payable & Accrued Exp 1,938 0

Part III response or note to any other line in Part III

Form 990-EZ, Part III, Primary Exempt Purpose-Kerusso Institute for Global leaders primary purpose is to develop, implement, and train leadership programs for Christian based organization who operate in emerging countries. Form 990-EZ, Part III, Line 28, Program Service Accomplishments:Kerusso Institute for Global Leaders primary purpose is to develop, implement, and train leadership programs for Christian based organization who operate in the emerging countries. The organization supports projects in Cambodia, Hong Kong, India and other projects by leading training workshops and providing financial support for leadership development programs.

Part V response or note to any other line in Part V

Form 990-EZ, Part V, Information Regarding Personal Benefit COntracts:The organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.

Raw XML Appendix171 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountAdvertising & Marketing 1,028Bank Service Fees 292Meals 594Office supplies 5,363Payroll Taxes 7,208Travel 7,399Kerusso Programs 199Cohort 259Hybrid Event Fees 908Workshop Fee 1,506Stripe Fee 145China Project 11,117Miscellaneous 204
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearMiscellaneous 1,950 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearFederl Taxes 1,372 2,518PPP Loan 14,957 0Accounts Payable & Accrued Exp 1,938 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990-EZ, Part III, Primary Exempt Purpose-Kerusso Institute for Global leaders primary purpose is to develop, implement, and train leadership programs for Christian based organization who operate in emerging countries. Form 990-EZ, Part III, Line 28, Program Service Accomplishments:Kerusso Institute for Global Leaders primary purpose is to develop, implement, and train leadership programs for Christian based organization who operate in the emerging countries. The organization supports projects in Cambodia, Hong Kong, India and other projects by leading training workshops and providing financial support for leadership development programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 990-EZ, Part V, Information Regarding Personal Benefit COntracts:The organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part V response or note to any other line in Part V
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ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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