Civic Intelligence

Acsi Education Foundation

990 • Fiscal year 2014 • EIN 30-0412105

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 11, 2014

PO Box 6513080962-6513

(719) 528-6906

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

95th percentile

70%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

91st percentile

$217,613

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 39.8% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

87th percentile

31%

Faster asset growth than 87% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$1,621,712

Up $383,442 (+31%) from 2013

Net Assets

Up

$1,621,712

Up $383,442 (+31%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$547,195

No earlier filing loaded for comparison.

Expenses

Up

$163,753

Up $163,603 (+109069%) from 2013

Net Income

$383,442

No earlier filing loaded for comparison.

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: $1,218,220Liabilities 2011: $0Net Assets 2011: $1,218,2202011Assets 2012: $1,231,305Liabilities 2012: $0Net Assets 2012: $1,231,3052012Assets 2013: $1,238,270Liabilities 2013: $0Net Assets 2013: $1,238,2702013Assets 2014: $1,621,712Liabilities 2014: $0Net Assets 2014: $1,621,7122014Assets 2015: $1,590,169Liabilities 2015: $0Net Assets 2015: $1,590,1692015Assets 2016: $1,463,960Liabilities 2016: $15,157Net Assets 2016: $1,448,8032016Assets 2017: $1,251,839Liabilities 2017: $1,625Net Assets 2017: $1,250,2142017Assets 2018: $1,232,678Liabilities 2018: $3,993Net Assets 2018: $1,228,6852018Assets 2019: $1,195,032Liabilities 2019: $3,059Net Assets 2019: $1,191,9732019

Highlighted filing

2014

Assets$1,621,712
Liabilities$0
Net Assets$1,621,712

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $02011Expenses 2012: $02012Expenses 2013: $1502013Revenue 2014: $547,195Expenses 2014: $163,753Net Income 2014: $383,4422014Revenue 2015: $180,712Expenses 2015: $198,301Net Income 2015: -$17,5892015Revenue 2016: $94,027Expenses 2016: $216,978Net Income 2016: -$122,9512016Revenue 2017: $33,985Expenses 2017: $296,433Net Income 2017: -$262,4482017Revenue 2018: $295,846Expenses 2018: $253,956Net Income 2018: $41,8902018Revenue 2019: $102,142Expenses 2019: $138,854Net Income 2019: -$36,7122019

Highlighted filing

2014

Revenue$547,195
Expenses$163,753
Net Income$383,442
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 11, 2014
Return Version
2013v3.0
Gross Receipts
$547,195
Mission and Program Overview

Mission

The mission of ACSI Education Foundation is to advance the strategic growth, influence and effectiveness of Christian schooling worldwide through innovation, research, advocacy, and the stewardship of resources, ensuring that funds are available both today and in the future for the programs, services and mission of ACSI.

The purpose of ACSI Education Foundation is to support the work of ACSI.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,118,270$1,501,712▲ $383,442
Accounts Receivable$120,000$120,000→ $0
Total Assets$1,238,270$1,621,712▲ $383,442
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$738,270$1,121,712▲ $383,442
Temporarily Rstr Net Assets$500,000$500,000→ $0
Total Net Assets Fund Balance$1,238,270$1,621,712▲ $383,442
Total Liabilities and Net Assets / Fund Balance$1,238,270$1,621,712▲ $383,442
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jan StumpExec Director of ACSI Ed. FdnFT$54,008$5,486$59,494

Board Members and Trustees

NameTitle
Daniel EgelerChairman/President
Brian SimmonsFormer President
Arnold TrilletBoard Member
David ManleyBoard Member
Dr Robert GriffithBoard Member
Paul CampeyBoard Member
Teri O'ConnorBoard Member
Tucker BrownBoard Member
Alan PueBoard Member (Part Year)
Rick KemptonSecretary
Jere ElliottVP of Finance
Revenue and Support

Revenue Composition

Contributions and Grants
$541,439
Program Service Revenue
$0
Investment Income
$5,756
Other Revenue
$0
All Other Contributions
$541,439
Change in Net Assets
$383,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$133,689
Total Fundraising Expense$131,002
Other Expenses$30,064
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$25,088$100,351$125,439
Travel-$3,916$15,664$19,580
Payroll Taxes-$1,650$6,600$8,250
Fees for Service Investment Mgmnt Fees-$716$2,864$3,580
Fees for Services Legal-$601$2,404$3,005
Office Expenses-$449$1,795$2,244
Other Expenses-$179$718$897
Insurance-$152$606$758
Total Functional Expenses$0$32,751$131,002$163,753
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
Yes
Audit committee
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

ACSI Education Foundation does not have any committees with the authoriy to act on behalf of the governing body.

Form 990, Part VI, Section B, line 11

Form 990 is prepared by an independent CPA firm, then reviewed by the VP of Finance and Controller before being posted for any and all board members to review and question for a reasonable amount of time before officially filing.

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

There is annual written affirmation of the "conflict of interest policy" by each board member. member. Monitoring for potential conflicts of interest is performed by the ACSI finance team, including the controller. If a potential conflict were to be identified, it would be taken to the VP of finance. Any actual conflict would be taken to the independent members of the board of directors to be voted on whether to proceed based on the best interests of the organization. Any director with a conflict would recuse his or her self from the decision making process.

Form 990, Part VI, Section B, line 15

The organization does not compensate any of its officers or key employees.

Form 990, Part VI, Section C, line 19

Internal policies, such as the conflict of interest policy, are not made available to the public. Our governing document and financial statements are made available to interested parties upon request.

Form 990, Part VII, Section A and Schedule J, Part II:

No board members are compensated by the organization; the compensation reported in Form 990 Part VII and Schedule J is paid by a related organization, Association of Christian Schools International for services performed as an employee or independent contractor of that organization.

Filing and Contact Details

Filer

EIN
30-0412105
Phone
7195286906

Signing Officer

Name
Jere Elliott
Title
VP of Finance
Phone
7195286906
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jan Stump
Formed
2006
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
7
Employees
1
Volunteers
0

Preparer

Preparer
David C Moja
Phone
7195286225
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of June 30, 2014, ACSI Education Foundation had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. ACSI Education Foundation files an information tax return in the U.S. ACSI Education Foundation is generally no longer subject to U.S. federal income tax examinations by tax authorities for years before 2011.

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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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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman/President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The financial statement effects of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of June 30, 2014, ACSI Education Foundation had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. ACSI Education Foundation files an information tax return in the U.S. ACSI Education Foundation is generally no longer subject to U.S. federal income tax examinations by tax authorities for years before 2011.
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt111110
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt28250
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt1600
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Daniel Egeler
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Jere Elliott
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Brian Simmons
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Chairman/President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP of Finance
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Former President
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1152570
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2147333
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACSI Education Foundation does not have any committees with the authoriy to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an independent CPA firm, then reviewed by the VP of Finance and Controller before being posted for any and all board members to review and question for a reasonable amount of time before officially filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2There is annual written affirmation of the "conflict of interest policy" by each board member. member. Monitoring for potential conflicts of interest is performed by the ACSI finance team, including the controller. If a potential conflict were to be identified, it would be taken to the VP of finance. Any actual conflict would be taken to the independent members of the board of directors to be voted on whether to proceed based on the best interests of the organization. Any director with a conflict would recuse his or her self from the decision making process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization does not compensate any of its officers or key employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Internal policies, such as the conflict of interest policy, are not made available to the public. Our governing document and financial statements are made available to interested parties upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5No board members are compensated by the organization; the compensation reported in Form 990 Part VII and Schedule J is paid by a related organization, Association of Christian Schools International for services performed as an employee or independent contractor of that organization.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VII, Section A and Schedule J, Part II:
IRS990ScheduleR/AssetExchangeInd00
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10Association of Christain Schools International
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0956072567
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0To support member schools in advancement of christian education.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10731 Chapel Hills Dr
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0Colorado Springs
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode080920
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
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IRS990ScheduleR/PaidEmployeesSharingInd01
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IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
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IRS990/TotalAssetsBOYAmt01238270
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IRS990/TotalEmployeeCnt01
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