Civic Intelligence

Padua Franciscan High School Endowment Trust

990 • Fiscal year 2014 • EIN 34-1336323

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 03, 2014

6740 State Road44134-4518

(440) 845-8224

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

94th percentile

61%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

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

Asset Growth

71st percentile

10%

Faster asset growth than 71% 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

$3,176,310

Up $298,860 (+10%) from 2013

Net Assets

Up

$3,176,310

Up $298,860 (+10%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$490,639

No earlier filing loaded for comparison.

Expenses

Up

$191,779

Up $27,704 (+17%) from 2013

Net Income

$298,860

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.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,646,289Liabilities 2011: $0Net Assets 2011: $2,646,2892011Assets 2012: $2,532,472Liabilities 2012: $0Net Assets 2012: $2,532,4722012Assets 2013: $2,877,450Liabilities 2013: $0Net Assets 2013: $2,877,4502013Assets 2014: $3,176,310Liabilities 2014: $0Net Assets 2014: $3,176,3102014Assets 2015: $3,201,192Liabilities 2015: $0Net Assets 2015: $3,201,1922015Assets 2016: $3,042,756Liabilities 2016: $0Net Assets 2016: $3,042,7562016Assets 2017: $3,312,019Liabilities 2017: $0Net Assets 2017: $3,312,0192017Assets 2018: $3,551,939Liabilities 2018: $0Net Assets 2018: $3,551,9392018Assets 2019: $3,600,067Liabilities 2019: $0Net Assets 2019: $3,600,0672019Assets 2020: $3,717,284Liabilities 2020: $0Net Assets 2020: $3,717,2842020Assets 2021: $4,603,177Liabilities 2021: $0Net Assets 2021: $4,603,1772021Assets 2022: $4,178,476Liabilities 2022: $0Net Assets 2022: $4,178,4762022Assets 2023: $4,699,846Liabilities 2023: $8,300Net Assets 2023: $4,691,5462023Assets 2024: $5,433,203Liabilities 2024: $0Net Assets 2024: $5,433,2032024Assets 2025: $6,460,036Liabilities 2025: $0Net Assets 2025: $6,460,0362025

Highlighted filing

2014

Assets$3,176,310
Liabilities$0
Net Assets$3,176,310

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $190,8712011Expenses 2012: $164,9642012Expenses 2013: $164,0752013Revenue 2014: $490,639Expenses 2014: $191,779Net Income 2014: $298,8602014Revenue 2015: $211,619Expenses 2015: $186,737Net Income 2015: $24,8822015Revenue 2016: $61,916Expenses 2016: $220,352Net Income 2016: -$158,4362016Revenue 2017: $489,035Expenses 2017: $219,772Net Income 2017: $269,2632017Revenue 2018: $461,677Expenses 2018: $221,757Net Income 2018: $239,9202018Revenue 2019: $260,709Expenses 2019: $212,581Net Income 2019: $48,1282019Revenue 2020: $331,597Expenses 2020: $214,380Net Income 2020: $117,2172020Revenue 2021: $535,662Expenses 2021: $216,553Net Income 2021: $319,1092021Revenue 2022: $674,168Expenses 2022: $233,190Net Income 2022: $440,9782022Revenue 2023: $446,438Expenses 2023: $224,156Net Income 2023: $222,2822023Revenue 2024: $656,389Expenses 2024: $234,241Net Income 2024: $422,1482024Revenue 2025: $995,294Expenses 2025: $248,915Net Income 2025: $746,3792025

Highlighted filing

2014

Revenue$490,639
Expenses$191,779
Net Income$298,860
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 3, 2014
Return Version
2013v3.0
Gross Receipts
$1,859,846
Mission and Program Overview

Mission

An endowment fund established for the sole benefit of padua franciscan high school, a non-profit organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,349,367$2,797,614▲ $448,247
Cash and Non-Interest-Bearing Accounts$275,839$153,344▼ $122,495
Pledges and Grants Receivable$65,113$7,738▼ $57,375
Total Assets$2,877,450$3,176,310▲ $298,860
Other Assets Total$187,131$217,614▲ $30,483
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,828,501$2,127,361▲ $298,860
Permanently Rstr Net Assets$1,048,949$1,048,949→ $0
Total Net Assets Fund Balance$2,877,450$3,176,310▲ $298,860
Total Liabilities and Net Assets / Fund Balance$2,877,450$3,176,310▲ $298,860

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$217,614--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$2,877,450$151,258▲ $339,381$10,244$3,176,310
2012$2,532,472$188,690▲ $320,363$479$2,877,450
2011$2,646,289$40,642▲ $10,505$2,968$2,532,472
2010$2,332,405$55,007▲ $449,747$2,158$2,646,289
2009$2,197,459$52,535▲ $262,169$5,962$2,332,405
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$151,258
Program Service Revenue
$0
Investment Income
$275,303
Other Revenue
$64,078
All Other Contributions
$151,258
Change in Net Assets
$298,860
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$140,000
Other Expenses$51,779
Total Fundraising Expense$10,244
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$140,000--$140,000
Advertising--$10,244$10,244
Fees for Services Accounting-$3,850-$3,850
Insurance-$200-$200
Other Expenses-$95-$95
Total Functional Expenses$140,000$41,535$10,244$191,779
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
34-1719465--Student Financial Aid and Other Financial Assistance$140,000
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
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Candidates interested in election to the board are nominated and then assigned by the board to fill open vacancies. Candidates are then presented to voting members, being anyone who contributed $100 or more in the previous 12 months. Candidates gain election by receiving majority votes of the responses received.

Form 990, Part VI, Section B, Line 11

The board of trustees reviews financial statements prepared by an independent certified public accountant. Once satisfied as to the accuracy and completeness the applicable forms are filed.

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

The endowment requires each board member to sign an annual statement of compliance and disclose all known actual and potential conflicts.

Form 990, Part VI, Section C, Line 19

The trust makes its governing documents available through the padua franciscan high school web site, which contains a section addressing the endowment fund.

Filing and Contact Details

Filer

EIN
34-1336323
Phone
4408458224

Signing Officer

Name
Jeff M Hall
Title
Chairman
Phone
4408458224
Signed
2014-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff M Hall
Formed
1981
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Preparer
Thomas W Krause CPA
Phone
4404710800
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The endowment fund was established for the sole benefit of padua franciscan high school, a non-profit organization.

Raw XML AppendixShowing 400 of 434 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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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0479
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt036940
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02646289
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt040642
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02532472
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0125056
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt010505
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt02968
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt038658
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02332405
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt055007
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02646289
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0150054
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0449747
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02158
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt023796
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02197459
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt052535
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02332405
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0150000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0262169
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt05962
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0217614
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH VALUE LIFE INSURANCE
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.35000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUND WAS ESTABLISHED FOR THE SOLE BENEFIT OF PADUA FRANCISCAN HIGH SCHOOL, A NON-PROFIT ORGANIZATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0217614
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0140000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0STUDENT FINANCIAL AID AND OTHER FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10PADUA FRANCISCAN HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0341719465
IRS990ScheduleI/RecipientTable/USAddress/AddressLine106740 STATE ROAD
IRS990ScheduleI/RecipientTable/USAddress/City0PARMA
IRS990ScheduleI/RecipientTable/USAddress/State0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode044134
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CANDIDATES INTERESTED IN ELECTION TO THE BOARD ARE NOMINATED AND THEN ASSIGNED BY THE BOARD TO FILL OPEN VACANCIES. CANDIDATES ARE THEN PRESENTED TO VOTING MEMBERS, BEING ANYONE WHO CONTRIBUTED $100 OR MORE IN THE PREVIOUS 12 MONTHS. CANDIDATES GAIN ELECTION BY RECEIVING MAJORITY VOTES OF THE RESPONSES RECEIVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF TRUSTEES REVIEWS FINANCIAL STATEMENTS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT. ONCE SATISFIED AS TO THE ACCURACY AND COMPLETENESS THE APPLICABLE FORMS ARE FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ENDOWMENT REQUIRES EACH BOARD MEMBER TO SIGN AN ANNUAL STATEMENT OF COMPLIANCE AND DISCLOSE ALL KNOWN ACTUAL AND POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE TRUST MAKES ITS GOVERNING DOCUMENTS AVAILABLE THROUGH THE PADUA FRANCISCAN HIGH SCHOOL WEB SITE, WHICH CONTAINS A SECTION ADDRESSING THE ENDOWMENT FUND.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
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 C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10PADUA FRANCISCAN HIGH SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341719465
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SCHOOL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine106740 STATE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0PARMA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode044134
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0140000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10PADUA FRANCISCAN HIGH SCHOOL
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02877450
IRS990/TotalAssetsEOYAmt03176310
IRS990/TotalAssetsGrp/BOYAmt02877450
IRS990/TotalAssetsGrp/EOYAmt03176310
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0151258
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010244
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt041535
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0140000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0191779
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02877450
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03176310
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0140000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0339381
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0490639
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02877450
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03176310
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01828501
IRS990/UnrestrictedNetAssetsGrp/EOYAmt02127361
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine106740 STATE ROAD
IRS990/USAddress/City0PARMA

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.46$0.00$6.46$1.00$0.25$0.75
2024Detailed filing. Detailed filing data is available for this year.$5.43$0.00$5.43$0.66$0.23$0.42
2023Detailed filing. Detailed filing data is available for this year.$4.70$0.01$4.69$0.45$0.22$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.18$0.00$4.18$0.67$0.23$0.44
2021Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$0.54$0.22$0.32
2020Detailed filing. Detailed filing data is available for this year.$3.72$0.00$3.72$0.33$0.21$0.12
2019Detailed filing. Detailed filing data is available for this year.$3.60$0.00$3.60$0.26$0.21$0.05
2018Detailed filing. Detailed filing data is available for this year.$3.55$0.00$3.55$0.46$0.22$0.24
2017Detailed filing. Detailed filing data is available for this year.$3.31$0.00$3.31$0.49$0.22$0.27
2016Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$0.06$0.22$0.16
2015Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$0.21$0.19$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$0.49$0.19$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.00$2.88$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.00$2.53$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.00$2.65$0.19