Civic Intelligence

Quincy Catholic Elementary Schools Foundation

990 • Fiscal year 2017 • EIN 27-0751878

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 02, 2017

2223 St Anthony RdQuincy, IL 62305

(217) 779-3157

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.00x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

53rd percentile

$15,000

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 4.1% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

88th percentile

48%

Faster asset growth than 88% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

81%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$537,150

Up $174,807 (+48%) from 2016

Net Assets

Up

$535,478

Up $174,806 (+48%) from 2016

Liabilities

Up

$1,672

Up $1 (+0.1%) from 2016

Revenue

Up

$367,319

Up $164,790 (+81%) from 2016

Expenses

Up

$192,513

Up $7,918 (+4.3%) from 2016

Net Income

Up

$174,806

Up $156,872 (+875%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $178,620Net Assets 2011: $178,6202011Assets 2012: $249,696Liabilities 2012: $0Net Assets 2012: $249,6962012Assets 2014: $359,834Liabilities 2014: $0Net Assets 2014: $359,8342014Assets 2015: $344,858Liabilities 2015: $2,120Net Assets 2015: $342,7382015Assets 2016: $362,343Liabilities 2016: $1,671Net Assets 2016: $360,6722016Assets 2017: $537,150Liabilities 2017: $1,672Net Assets 2017: $535,4782017Assets 2018: $572,195Liabilities 2018: $1,661Net Assets 2018: $570,5342018Assets 2019: $638,367Liabilities 2019: $1,693Net Assets 2019: $636,6742019Assets 2020: $721,227Liabilities 2020: $1,639Net Assets 2020: $719,5882020Assets 2021: $864,610Liabilities 2021: $1,648Net Assets 2021: $862,9622021Assets 2022: $972,482Liabilities 2022: $1,618Net Assets 2022: $970,8642022Assets 2023: $1,116,169Liabilities 2023: $1,690Net Assets 2023: $1,114,4792023Assets 2024: $1,349,694Liabilities 2024: $1,736Net Assets 2024: $1,347,9582024Assets 2025: $1,602,476Liabilities 2025: $1,683Net Assets 2025: $1,600,7932025

Highlighted filing

2017

Assets$537,150
Liabilities$1,672
Net Assets$535,478

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $178,397Expenses 2011: $58,924Net Income 2011: $119,4732011Expenses 2012: $126,0002012Revenue 2014: $277,403Expenses 2014: $175,620Net Income 2014: $101,7832014Revenue 2015: $278,815Expenses 2015: $295,911Net Income 2015: -$17,0962015Revenue 2016: $202,529Expenses 2016: $184,595Net Income 2016: $17,9342016Revenue 2017: $367,319Expenses 2017: $192,513Net Income 2017: $174,8062017Revenue 2018: $199,687Expenses 2018: $164,631Net Income 2018: $35,0562018Revenue 2019: $210,872Expenses 2019: $144,732Net Income 2019: $66,1402019Revenue 2020: $253,084Expenses 2020: $170,170Net Income 2020: $82,9142020Revenue 2021: $310,182Expenses 2021: $166,808Net Income 2021: $143,3742021Revenue 2022: $326,864Expenses 2022: $205,603Net Income 2022: $121,2612022Revenue 2023: $371,519Expenses 2023: $243,078Net Income 2023: $128,4412023Revenue 2024: $443,476Expenses 2024: $236,647Net Income 2024: $206,8292024Revenue 2025: $500,686Expenses 2025: $266,201Net Income 2025: $234,4852025

Highlighted filing

2017

Revenue$367,319
Expenses$192,513
Net Income$174,806
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 2, 2017
Return Version
2016v3.0
Gross Receipts
$379,252
Mission and Program Overview

Mission

The quincy catholic elementary schools foundation enhances the gift of catholic education.

To raise funds for catholic elementary schools in quincy, il.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$362,038$536,779▲ $174,741
Land, Buildings, and Equipment, Net$305$371▲ $66
Total Assets$362,343$537,150▲ $174,807
Liabilities
Accounts Payable and Accrued Expenses$1,671$1,672▲ $1
Total Liabilities$1,671$1,672▲ $1
Net Assets / Fund Balance
Permanently Rstr Net Assets$63,235$264,723▲ $201,488
Unrestricted Net Assets$277,277$163,981▼ $113,296
Temporarily Rstr Net Assets$20,160$106,774▲ $86,614
Total Net Assets Fund Balance$360,672$535,478▲ $174,806
Total Liabilities and Net Assets / Fund Balance$362,343$537,150▲ $174,807

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$371$733$1,104

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$173,661$223,279▲ $681-$371,497
2015$251,069$22,204▲ $266-$173,661
2014$237,319$105,992--$251,069
2013$168,150$116,395--$237,319
2012$178,350$1,000--$168,150
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Paul RittofExecutive DiFT$15,000$15,000

Board Members and Trustees

NameTitle
Matt BergmanPresident
Andrew StaffDirector
Duane VenertlohDirector
John OateyDirector
Mary Beth McgeeDirector
Maureen SchueringDirector
Michael LaveryDirector
Michelle EversmanDirector
Randy McfarlandDirector
Stacie WalzDirector
Beth HayesSecretary
Sue Ann GervelerTreasurer
Jared HaughVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$349,299
Program Service Revenue
$0
Investment Income
$1,753
Other Revenue
$16,267
All Other Contributions
$344,475
Change in Net Assets
$174,806
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$122,958
Other Expenses$48,143
Total Fundraising Expense$26,798
Salaries, Compensation, and Employee Benefits$21,412
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$122,958--$122,958
Advertising$16,111-$16,111$32,222
Current Officers, Directors, Trustees, and Key Employees$5,000$5,000$5,000$15,000
Fees for Services Other--$5,016$5,016
Other Salaries and Wages-$4,890-$4,890
Office Expenses-$3,941$671$4,612
Travel-$1,909-$1,909
Payroll Taxes-$1,522-$1,522
Fees for Services Accounting-$1,425-$1,425
Fees for Service Investment Mgmnt Fees-$653-$653
Depreciation Depletion-$403-$403
Other Expenses-$235-$235
Total Functional Expenses$144,069$21,646$26,798$192,513
International Activity

Grant and Assistance Recipients

Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$28,200
Fundraising Direct Expenses$11,933
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Focea Dinner$33,024$28,200$2,148$26,052
Total Events$33,024$28,200$11,933$16,267
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The return is provided to the executive director and board for review and approval prior to being filed.

Form 990, Page 6, Part VI, Line 15A

The board of directors reviews and decides the executive directors compens ation.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Quincy Catholic Elementary Schools
EIN
27-0751878
Phone
2177793157
Address
2223 ST ANTHONY RD, QUINCY, IL 62305

Signing Officer

Name
Paul Rittof
Title
Executive Director
Phone
2177793157
Signed
2017-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Rittof
Formed
2009
Legal Domicile
Il
Voting Board Members
12
Independent Board Members
12
Employees
3

Preparer

Firm
Gray Hunter Stenn Llp
Address
500 MAINE ST, QUINCY, IL 62301
Preparer
Sue Ann Gerveler CPA
Phone
2172220304
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Provide income to support the foundation's mission of providing financial support and tuition assistance to children attending the roman catholic schools in the quincy area.

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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0362038
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0536779
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0JAMES AND LOUISE DOYLE ENDOWED SHOLARHSHIP 150,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SUPPORTING SCHEDULE
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0199299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0179987
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0276647
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0975940
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0643
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0656
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0321
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03958
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt028200
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82400
IRS990ScheduleA/PublicSupportPY170Pct00.81420
IRS990ScheduleA/PublicSupportTotal170Amt0807396
IRS990ScheduleA/SubstantialContributorsTotAmt0168544
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0199299
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0277731
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0276647
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt042276
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0975940
IRS990ScheduleA/TotalSupportAmt0979898
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.24280
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0223279
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0371497
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt026124
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0681
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0251069
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt022204
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0173661
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt099878
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0266
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0237319
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0105992
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0251069
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt092242
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0168150
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0116395
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0237319
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt047226
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0178350
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0168150
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt011200
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0371
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0733
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01104
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.71260
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROVIDE INCOME TO SUPPORT THE FOUNDATION'S MISSION OF PROVIDING FINANCIAL SUPPORT AND TUITION ASSISTANCE TO CHILDREN ATTENDING THE ROMAN CATHOLIC SCHOOLS IN THE QUINCY AREA.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.04460
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0371
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt04824
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FOCEA DINNER
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt033024
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt028200
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016267
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02148
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02148
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IRS990ScheduleI/RecipientTable/CashGrantAmt019193
IRS990ScheduleI/RecipientTable/CashGrantAmt133907
IRS990ScheduleI/RecipientTable/CashGrantAmt26831
IRS990ScheduleI/RecipientTable/CashGrantAmt346134
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TUITION ASSISTANCE ST PETER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1TUITION ASSISTANCE ST FRANCIS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2TUITION ASSISTANCE ST DOMINIC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3TUITION ASSISTANCE BLESSED SACRAMEN
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0COMMUNICATION WITH THE VARIOUS SCHOOL PRINCIPALS AND VERIFICATION THAT THE STUDENTS ARE ENROLLED.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1TUITION ASSISTANCE IS PROVIDED PER FAMILY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleI/Total501c3OrgCnt04
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE RETURN IS PROVIDED TO THE EXECUTIVE DIRECTOR AND BOARD FOR REVIEW AND APPROVAL PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS REVIEWS AND DECIDES THE EXECUTIVE DIRECTORS COMPENS ATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0106774
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0362343
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IRS990/TotalAssetsGrp/BOYAmt0362343
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IRS990/TotalContributionsAmt0349299
IRS990/TotalEmployeeCnt03
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.60$0.50$0.27$0.23
2024Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.44$0.24$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.11$0.37$0.24$0.13
2022Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.33$0.21$0.12
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.31$0.17$0.14
2020Detailed filing. Detailed filing data is available for this year.$0.72$0.00$0.72$0.25$0.17$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.21$0.14$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.20$0.16$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.37$0.19$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.20$0.18$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.34$0.00$0.34$0.28$0.30$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.28$0.18$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.00$0.25$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.18$0.18$0.06$0.12