Civic Intelligence

St. Joseph Endownment Fund

990 • Fiscal year 2016 • EIN 31-1569292

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Refreshing map…

700 18th Ave ESeattle, WA 98112-3928

(206) 777-3459

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

6th percentile

0.00x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

92nd percentile

49%

Higher net margin than 92% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

77th percentile

12%

Faster asset growth than 77% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-42%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$8,329,990

Up $900,167 (+12%) from 2015

Net Assets

Up

$8,329,990

Up $900,167 (+12%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$727,467

Down $524,939 (-42%) from 2015

Expenses

Down

$371,792

Down $40,819 (-9.9%) from 2015

Net Income

Down

$355,675

Down $484,120 (-58%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,648,164Liabilities 2010: $0Net Assets 2010: $5,648,1642010Assets 2011: $5,499,493Liabilities 2011: $0Net Assets 2011: $5,499,4932011Assets 2012: $6,519,868Liabilities 2012: $0Net Assets 2012: $6,519,8682012Assets 2013: $7,096,534Liabilities 2013: $0Net Assets 2013: $7,096,5342013Assets 2014: $7,055,521Liabilities 2014: $0Net Assets 2014: $7,055,5212014Assets 2015: $7,429,823Liabilities 2015: $0Net Assets 2015: $7,429,8232015Assets 2016: $8,329,990Liabilities 2016: $0Net Assets 2016: $8,329,9902016Assets 2017: $10,135,802Liabilities 2017: $0Net Assets 2017: $10,135,8022017Assets 2018: $9,096,203Liabilities 2018: $0Net Assets 2018: $9,096,2032018Assets 2019: $10,338,807Liabilities 2019: $0Net Assets 2019: $10,338,8072019Assets 2020: $10,879,850Liabilities 2020: $0Net Assets 2020: $10,879,8502020Assets 2021: $11,588,486Liabilities 2021: $0Net Assets 2021: $11,588,4862021Assets 2022: $10,434,181Liabilities 2022: $0Net Assets 2022: $10,434,1812022Assets 2024: $12,620,530Liabilities 2024: $0Net Assets 2024: $12,620,5302024

Highlighted filing

2016

Assets$8,329,990
Liabilities$0
Net Assets$8,329,990

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $198,2522010Expenses 2011: $272,9762011Expenses 2012: $272,6502012Revenue 2013: $429,570Expenses 2013: $308,416Net Income 2013: $121,1542013Revenue 2014: $518,723Expenses 2014: $329,607Net Income 2014: $189,1162014Revenue 2015: $1,252,406Expenses 2015: $412,611Net Income 2015: $839,7952015Revenue 2016: $727,467Expenses 2016: $371,792Net Income 2016: $355,6752016Revenue 2017: $1,265,602Expenses 2017: $411,439Net Income 2017: $854,1632017Revenue 2018: $654,694Expenses 2018: $462,465Net Income 2018: $192,2292018Revenue 2019: $369,880Expenses 2019: $478,797Net Income 2019: -$108,9172019Revenue 2020: $1,338,590Expenses 2020: $480,387Net Income 2020: $858,2032020Revenue 2021: $898,398Expenses 2021: $532,808Net Income 2021: $365,5902021Revenue 2022: $1,424,955Expenses 2022: $550,183Net Income 2022: $874,7722022Revenue 2024: $834,608Expenses 2024: $586,986Net Income 2024: $247,6222024

Highlighted filing

2016

Revenue$727,467
Expenses$371,792
Net Income$355,675
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$2,019,684
Mission and Program Overview

Mission

The purpose of the endowment is to strengthen and sustain a rich faith-centered academic experience for all students at st. Joseph school for years to come.

The purpose of the endowment is to strengthen and sustain, for years to come, a rich faith-centered academic experience for all students at St. Joseph School.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,391,757$8,296,470▲ $904,713
Cash and Non-Interest-Bearing Accounts$38,066$33,520▼ $4,546
Total Assets$7,429,823$8,329,990▲ $900,167
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$7,429,823$8,329,990▲ $900,167
Total Net Assets Fund Balance$7,429,823$8,329,990▲ $900,167
Total Liabilities and Net Assets / Fund Balance$7,429,823$8,329,990▲ $900,167

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$7,429,823$534,386▲ $760,343-$8,329,990
2015$7,055,521$847,279▼ $131,147-$7,429,823
2014$7,096,534$83,699▲ $171,547-$7,055,521
2013$6,519,868$98,329▲ $754,061-$7,096,534
2012$5,499,493$526,921▲ $749,376-$6,519,868
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike VilaPresident
Vicki Anderson-EllisVice President
Dino ChristofilisBoard member
Eunhee SumnerBoard member
Gretchen BakamisBoard member
Mac KirschnerBoard member
Ray DearieBoard member
Sean FlynnBoard member
Kara ConnallyEndowment Administrator
David HeinEx-Officio
Mark HusonEx-Officio
Patrick FennessyEx-Officio
Rebecca FrisinoEx-Officio
Spencer HurstEx-Officio
Michael MullallySecretary
Dennis WestTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$512,624
Program Service Revenue
$0
Investment Income
$220,740
Other Revenue
$-5,897
All Other Contributions
$494,912
Change in Net Assets
$355,675
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$309,080
Other Expenses$62,712
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$309,080--$309,080
Fees for Service Investment Mgmnt Fees$34,081--$34,081
Fees for Services Other$14,971$2,303-$17,274
Other Expenses$4,889--$4,889
Insurance$4,542--$4,542
Fees for Services Legal$1,897--$1,897
Interest$29--$29
Total Functional Expenses$369,489$2,303$0$371,792
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
st joseph schoolseattle, WA501(c)(3)Annual grant distribution$309,080
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$27,660
Fundraising Gross Income$21,763
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament & Auction$39,475$21,763$11,859$9,904
Total Events$39,475$21,763$27,660$-5,897
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The 990 will be reviewed by the President, past president, treasurer, and secretary, prior to submission. Final version will be provided to the entire board.

Form 990, Part VI, Section C, line 19

Upon request for those documents that are completed.

Filing and Contact Details

Filer

Filer Name
St Joseph Endowment Fund
EIN
31-1569292
Phone
2067773459
Address
700 18th Ave E, Seattle, WA 98112-3928

Signing Officer

Name
Dennis West
Title
president
Phone
2067773459
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis West
Formed
1979
Legal Domicile
Wa
Voting Board Members
18
Independent Board Members
18
Employees
0
Volunteers
8

Preparer

Firm
Peterson Sullivan LLP CPA'S
Address
601 Union St Ste 2300, Seattle, WA 98101-2345
Preparer
Matthew R Matson
Phone
2063827777
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

To provide annual financial assistance to St. Joseph School. The annual gift is a product of the investment income generated by the principal of the Endowment.

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IRS990/PYRevenuesLessExpensesAmt0839795
IRS990/PYSalariesCompEmpBnftPaidAmt08000
IRS990/PYTotalExpensesAmt0412611
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01252406
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0355675
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0512624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0855995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt096296
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0107023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0526921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02098859
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0192855
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0165063
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0164209
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0143183
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0151471
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0816781
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71990
IRS990ScheduleA/PublicSupportPY170Pct00.72140
IRS990ScheduleA/PublicSupportTotal170Amt02098859
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0512624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0855995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt096296
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0107023
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0526921
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02098859
IRS990ScheduleA/TotalSupportAmt02915640
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt085482
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07429823
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0534386
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt08329990
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0309080
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0760343
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt046158
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07055521
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0847279
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07429823
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0295672
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-131147
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt014736
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07096534
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt083699
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07055521
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0281523
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0171547
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt015868
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06519868
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt098329
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07096534
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0259856
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0754061
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt019243
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05499493
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0526921
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06519868
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0236679
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0749376
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0To provide annual financial assistance to St. Joseph School. The annual gift is a product of the investment income generated by the principal of the Endowment.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0600
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0600
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt017712
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt017712
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt027660
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament & Auction
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07168
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07168
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt021763
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt021763
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-5897
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt0995
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0995
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011859
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011859
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07038
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07038
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0309080
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Annual grant distribution
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0st joseph school
IRS990ScheduleI/RecipientTable/RecipientEIN0911109787
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0700 18th ave e
IRS990ScheduleI/RecipientTable/USAddress/CityNm0seattle
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd098112
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The school provides the endowment with categories of where the money is being spent.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 will be reviewed by the President, past president, treasurer, and secretary, prior to submission. Final version will be provided to the entire board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon request for those documents that are completed.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07429823
IRS990/TotalAssetsEOYAmt08329990
IRS990/TotalAssetsGrp/BOYAmt07429823
IRS990/TotalAssetsGrp/EOYAmt08329990

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$0.00$12.6$0.83$0.59$0.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.00$10.4$1.42$0.55$0.87
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.6$0.00$11.6$0.90$0.53$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.9$0.00$10.9$1.34$0.48$0.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.3$0.00$10.3$0.37$0.48$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.10$0.00$9.10$0.65$0.46$0.19
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$0.00$10.1$1.27$0.41$0.85
2016Detailed filing. Detailed filing data is available for this year.$8.33$0.00$8.33$0.73$0.37$0.36
2015Detailed filing. Detailed filing data is available for this year.$7.43$0.00$7.43$1.25$0.41$0.84
2014Detailed filing. Detailed filing data is available for this year.$7.06$0.00$7.06$0.52$0.33$0.19
2013Detailed filing. Detailed filing data is available for this year.$7.10$0.00$7.10$0.43$0.31$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.52$0.00$6.52$0.27
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.50$0.00$5.50$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.65$0.00$5.65$0.20