Civic Intelligence

Three Rivers Endowment Trust

990 • Fiscal year 2021 • EIN 27-1887511

Jul 01, 2020 to Jun 30, 2021 • Filed on Oct 21, 2021

2080 Three Rivers BlvdPoplar Bluff, MO 63901

(573) 840-9600

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.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

96th percentile

82%

Higher net margin than 96% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

74th percentile

26%

Faster asset growth than 74% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

51%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$4,895,527

Up $1,002,648 (+26%) from 2020

Net Assets

Up

$4,895,527

Up $1,002,648 (+26%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$827,234

Up $278,989 (+51%) from 2020

Expenses

Down

$149,415

Down $366,397 (-71%) from 2020

Net Income

Up

$677,819

Up $645,386 (+1990%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2016: $8,158,732Liabilities 2016: $525Net Assets 2016: $8,158,2072016Assets 2017: $8,339,486Liabilities 2017: $250Net Assets 2017: $8,339,2362017Assets 2019: $4,155,464Liabilities 2019: $0Net Assets 2019: $4,155,4642019Assets 2020: $3,892,879Liabilities 2020: $0Net Assets 2020: $3,892,8792020Assets 2021: $4,895,527Liabilities 2021: $0Net Assets 2021: $4,895,5272021Assets 2022: $4,724,750Liabilities 2022: $100,000Net Assets 2022: $4,624,7502022Assets 2023: $5,313,954Liabilities 2023: $200,000Net Assets 2023: $5,113,9542023Assets 2024: $6,825,482Liabilities 2024: $310,845Net Assets 2024: $6,514,6372024Assets 2025: $8,822,702Liabilities 2025: $400,000Net Assets 2025: $8,422,7022025

Highlighted filing

2021

Assets$4,895,527
Liabilities$0
Net Assets$4,895,527

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2016: $2,483,674Expenses 2016: $200,055Net Income 2016: $2,283,6192016Revenue 2017: $288,265Expenses 2017: $214,853Net Income 2017: $73,4122017Revenue 2019: $314,801Expenses 2019: $983,064Net Income 2019: -$668,2632019Revenue 2020: $548,245Expenses 2020: $515,812Net Income 2020: $32,4332020Revenue 2021: $827,234Expenses 2021: $149,415Net Income 2021: $677,8192021Revenue 2022: $266,402Expenses 2022: $145,639Net Income 2022: $120,7632022Revenue 2023: $482,925Expenses 2023: $142,589Net Income 2023: $340,3362023Revenue 2024: $1,390,566Expenses 2024: $416,185Net Income 2024: $974,3812024Revenue 2025: $1,478,542Expenses 2025: $244,381Net Income 2025: $1,234,1612025

Highlighted filing

2021

Revenue$827,234
Expenses$149,415
Net Income$677,819
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Oct 21, 2021
Return Version
2020v4.0
Gross Receipts
$842,088
Mission and Program Overview

Mission

Promote the educational development and general educational welfare of three rivers community college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,849,515$2,831,644▲ $982,129
Pledges and Grants Receivable$1,448,069$992,588▼ $455,481
Cash and Non-Interest-Bearing Accounts$170,146$644,448▲ $474,302
Inventories for Sale or Use$257,000$257,000→ $0
Investments in Publicly Traded Securities$155,482$157,180▲ $1,698
Total Assets$3,892,879$4,895,527▲ $1,002,648
Other Assets Total$12,667$12,667→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,241,703$4,167,939▲ $926,236
Net Assets Without Donor Restrictions$651,176$727,588▲ $76,412
Total Net Assets Fund Balance$3,892,879$4,895,527▲ $1,002,648
Total Liabilities and Net Assets / Fund Balance$3,892,879$4,895,527▲ $1,002,648

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$2,831,644--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,263,415$541,150▲ $357,174-$2,084,133
2019$1,262,274$89,952▼ $17,470-$1,263,415
2018$1,119,591$146,765▲ $64,475-$1,262,274
2017$1,068,116$18,480▲ $82,801-$1,119,591
2016$932,807$66,412▲ $96,594-$1,068,116
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$625,263
Program Service Revenue
$0
Investment Income
$172,825
Other Revenue
$29,146
All Other Contributions
$625,263
Change in Net Assets
$677,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$827,234
Revenue Not Reported on Form 990
$339,683
Total Revenue per Audited Statements
$1,166,917
Total Revenue per Form 990
$827,234
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,415
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$4,600-$4,600
Office Expenses-$1,700-$1,700
Conferences and Meetings$802$534-$1,336
Other Expenses$206$138-$344
All Other Expenses-$322-$322
Total Functional Expenses$139,121$10,294$0$149,415

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$164,269
Expenses per Audited Statements$149,415
Total Expenses per Form 990$149,415
Expenses Not Reported on Form 990$14,854
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,981
Fundraising Direct Expenses$14,854
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$22,920$22,920$1,274$21,646
Total Events$22,920$22,920$9,179$13,741
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Vice PresidentDepositsNo$745,547
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
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

Reviewed by executive director before filing

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

Approval by the board of directors

Form 990, Page 6, Part VI, Line 19

Upon request at 2080 three rivers blvd, poplar bluff, mo 63901

Filing and Contact Details

Filer

Filer Name
Three Rivers Endowment Trust
EIN
27-1887511
Phone
5738409600
Address
2080 THREE RIVERS BLVD, POPLAR BLUFF, MO 63901

Signing Officer

Name
Michelle Reynolds
Title
Executive Director
Phone
5738409600
Signed
2021-10-21

Organization Details

Principal Officer
Michelle Reynolds
Formed
2010
Legal Domicile
Mo
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Beussink Hey & Roe Pc
Address
16 SOUTH SILVER SPRINGS ROAD, CAPE GIRARDEAU, MO 63703
Preparer
Jeffrey Stroder
Phone
5733344988
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fundraising expenses 14,854 fundraising expenses -14,854

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fundraising expenses 14,854

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses 14,854

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