Civic Intelligence

Toledo Public Schools Foundation

990 • Fiscal year 2018 • EIN 34-1558705

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

Organization ProfileWWW.TPS.ORG/TPS-FOUNDATIONS
1609 N Summit StreetToledo, OH 43604

(419) 671-0335

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

28th percentile

-6.4%

Higher net margin than 28% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

6th percentile

-67%

Faster asset growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

12th percentile

-43%

Faster revenue growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$259,418

Down $538,749 (-67%) from 2017

Net Assets

Down

$259,418

Down $538,749 (-67%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin28th percentile

Revenue

Down

$100,255

Down $76,509 (-43%) from 2017

Expenses

Up

$106,654

Up $47,973 (+82%) from 2017

Net Income

Down

-$6,399

Down $124,482 (-105%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $833,809Liabilities 2011: $0Net Assets 2011: $833,8092011Assets 2012: $868,496Liabilities 2012: $0Net Assets 2012: $868,4962012Assets 2013: $789,868Liabilities 2013: $0Net Assets 2013: $789,8682013Assets 2014: $758,987Liabilities 2014: $0Net Assets 2014: $758,9872014Assets 2015: $548,526Liabilities 2015: $1,000Net Assets 2015: $547,5262015Assets 2017: $798,167Liabilities 2017: $0Net Assets 2017: $798,1672017Assets 2018: $259,418Liabilities 2018: $0Net Assets 2018: $259,4182018Assets 2019: $495,504Liabilities 2019: $235Net Assets 2019: $495,2692019Assets 2020: $591,141Liabilities 2020: $26,478Net Assets 2020: $564,6632020Assets 2021: $943,427Liabilities 2021: $331Net Assets 2021: $943,0962021Assets 2022: $1,281,078Liabilities 2022: $1,093Net Assets 2022: $1,279,9852022Assets 2023: $1,350,272Liabilities 2023: $12,521Net Assets 2023: $1,337,7512023Assets 2024: $1,464,167Liabilities 2024: $0Net Assets 2024: $1,464,1672024

Highlighted filing

2018

Assets$259,418
Liabilities$0
Net Assets$259,418
Open 2018 Filing

Operations Trend

Revenue Growth12th percentile

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

$1.0M$500K$0-$500KExpenses 2011: $191,4752011Expenses 2012: $192,5242012Expenses 2013: $179,1872013Revenue 2014: $125,904Expenses 2014: $204,628Net Income 2014: -$78,7242014Revenue 2015: $77,695Expenses 2015: $290,163Net Income 2015: -$212,4682015Revenue 2017: $176,764Expenses 2017: $58,681Net Income 2017: $118,0832017Revenue 2018: $100,255Expenses 2018: $106,654Net Income 2018: -$6,3992018Revenue 2019: $462,604Expenses 2019: $226,753Net Income 2019: $235,8512019Revenue 2020: $478,224Expenses 2020: $408,830Net Income 2020: $69,3942020Revenue 2021: $788,352Expenses 2021: $447,659Net Income 2021: $340,6932021Revenue 2022: $965,334Expenses 2022: $524,752Net Income 2022: $440,5822022Revenue 2023: $885,961Expenses 2023: $873,913Net Income 2023: $12,0482023Revenue 2024: $883,914Expenses 2024: $819,243Net Income 2024: $64,6712024

Highlighted filing

2018

Revenue$100,255
Expenses$106,654
Net Income-$6,399
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.3
Gross Receipts
$100,255
Mission and Program Overview

Mission

The mission of the toledo public schools foundation is to promote quality public education through supplemental funding for programs, scholarships, and academic initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$480,297$0▼ $480,297
Cash and Non-Interest-Bearing Accounts$317,870$259,418▼ $58,452
Total Assets$798,167$259,418▼ $538,749
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$395,154$0▼ $395,154
Unrestricted Net Assets$289,950$242,095▼ $47,855
Temporarily Rstr Net Assets$113,063$17,323▼ $95,740
Total Net Assets Fund Balance$798,167$259,418▼ $538,749
Total Liabilities and Net Assets / Fund Balance$798,167$259,418▼ $538,749

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$480,297-▲ $33,429$11,533$495,798
2016$465,280-▲ $21,990-$480,297
2015$459,665-▲ $12,446-$465,280
2014$478,345-▼ $10,680$8,000$459,665
2013$427,488$4,500▲ $61,357$15,000$478,345
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Matthew MishlerChairman
Adam Motycka EsqVice President
Archie D Williamson JrTrustee
Bob HowellTrustee
Christine VarwigTrustee
Dennis HopsonTrustee
Joel EpsteinTrustee
Marcio SandriTrustee
Mark LuetkeTrustee
Merrill GrantTrustee
Robert ClarkTrustee
Robert LaclairTrustee
Romules Durant PhdTrustee
Theresa GabrielTrustee
Yvonne McnultyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$47,901
Program Service Revenue
$0
Investment Income
$52,053
Other Revenue
$301
All Other Contributions
$47,901
Change in Net Assets
$-6,399

Audited Revenue Reconciliation

Revenue per Audited Statements
$100,255
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-25,019
Total Revenue per Audited Statements
$75,236
Total Revenue per Form 990
$100,255
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$56,016
Other Expenses$31,548
Grants and Similar Amounts Paid$19,090
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$53,413-$53,413
Grants to Domestic Individuals$19,090--$19,090
Advertising-$14,393-$14,393
Fees for Services Other-$11,359-$11,359
Information Technology-$2,866-$2,866
Payroll Taxes-$2,603-$2,603
Travel-$1,335-$1,335
Insurance-$825-$825
Other Expenses-$417-$417
Office Expenses-$353-$353
Total Functional Expenses$19,090$87,564$0$106,654

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$106,654
Total Expenses per Audited Statements$106,654
Total Expenses per Form 990$106,654
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
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
Yes
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

“A pdf of the return is e-mailed to the board for review and comments prior to filing.”

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

“All trustees must sign a conflict of interest agreement.”

Form 990, Part VI, Section C, Line 18

“The 990 is available upon request.”

Form 990, Part VI, Section C, Line 19

“Governing documents are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Toledo Public Schools Foundation
EIN
34-1558705
Phone
4196710335
Address
1609 N SUMMIT STREET, TOLEDO, OH 43604

Signing Officer

Name
Robert Laclair
Title
Board Chair
Phone
4196710335
Signed
2019-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Laclair
Formed
1987
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
15
Employees
1
Volunteers
16

Preparer

Firm
Rehmann Robson LLC
Address
7124 W CENTRAL AVE, TOLEDO, OH 43617
Preparer
Carolyn E Sulewski CPA
Phone
4198658118
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees: program service expenses 0. Management and general expenses 11,359. Fundraising expenses 0. Total expenses 11,359.”

FORM 990, PART XI, LINE 9:

“Transfer to toledo community foundation -507,331.”

FORM 990, PART XII, LINE 1:

“Accounting method used to prepare the form 990 is modified cash.”

Financial Statement Notes

PART X, LINE 2:

“The foundation has evaluated its income tax filing positions for fiscal years 2015 through 2018, the years which remain subject to examination as of june 30, 2018. The foundation concluded that there are no significant uncertain tax positions requiring recognition in the foundation's financial statements.”

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IRS990/OtherRevenueTotalAmt0301
IRS990/PartialLiquidationInd01
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02603
IRS990/PayrollTaxesGrp/TotalAmt02603
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0395154
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ROBERT LACLAIR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0166494
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt038024
IRS990/PYInvestmentIncomeAmt010165
IRS990/PYOtherExpensesAmt020657
IRS990/PYOtherRevenueAmt0105
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0118083
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt058681
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0176764
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-6399
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt047901
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0166494
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0145898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt082055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0490978
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02075
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09421
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08374
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04924
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014620
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt039414
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0301
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0105
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0406
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92500
IRS990ScheduleA/PublicSupportPY170Pct00.90920
IRS990ScheduleA/PublicSupportTotal170Amt0490978
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt047901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0166494
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0145898
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt082055
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0490978
IRS990ScheduleA/TotalSupportAmt0530798
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt06395
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0480297
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0495798
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt033429
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt011533
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt06973
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0465280
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0480297
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt021990
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt06831
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0459665
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0465280
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012446
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0478345
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0459665
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-10680
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt08000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0427488
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt04500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0478345
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt061357
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt015000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0106654
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-25019
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0-25019
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0100255
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION HAS EVALUATED ITS INCOME TAX FILING POSITIONS FOR FISCAL YEARS 2015 THROUGH 2018, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION AS OF JUNE 30, 2018. THE FOUNDATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FOUNDATION'S FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0106654
IRS990ScheduleD/TotalRevenuePerForm990Amt0100255
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt075236
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0106654
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt019090
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STUDENT SCHOLARSHIPS AND GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt027
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0STUDENTS AND TEACHERS ARE RECOMMENDED FOR THE SCHOLARSHIPS AND GRANTS BY THEIR PRINCIPALS, TEACHERS, AND GUIDANCE COUNSELORS BASED ON A VARIETY OF FACTORS, INCLUDING NEED. THE SCHOLARSHIP/GRANTS COMMITTEE RECOMMENDS AWARDS TO THE EXECUTIVE COMMITTEE, WHICH MAKES FINAL AWARD DECISIONS. THE FOUNDATION MONITORS THE USE OF THE SCHOLARSHIP BY ADMINISTRATING THE PAYMENTS OF THE INDIVIDUAL SCHOLARSHIP TO THE UNIVERSITIES/COLLEGES AND THE GRANTS TO THE SCHOOLS FOR CLASSROOM PROJECTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0INVESTMENT SECURITIES
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0TOLEDO COMMUNITY FOUNDATION
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02018-05-23
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0237284004
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0507331
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)(3)
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0FMV AT DATE OF TRANSFER
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0300 MADISON AVE STE 1300
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0TOLEDO
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0OH
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd043604
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0IN MAY 2018, THE FOUNDATION TRANSFERRED ITS INVESTMENTS HELD FOR ENDOWMENT PURPOSES TO THE TOLEDO COMMUNITY FOUNDATION, INC. WHICH IS HOLDING THEM AS A COMPONENT FUND FOR THE BENEFIT OF THE FOUNDATION. THE COMPONENT FUND IS TO BE USED IN ACCORDANCE WITH THE FOUNDATION'S EXEMPT ACTIVITIES TO ACCOMPLISH THE ORGANIZATION'S EXEMPT PURPOSE.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N, PART II
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A PDF OF THE RETURN IS E-MAILED TO THE BOARD FOR REVIEW AND COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL TRUSTEES MUST SIGN A CONFLICT OF INTEREST AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 11,359. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,359.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER TO TOLEDO COMMUNITY FOUNDATION -507,331.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ACCOUNTING METHOD USED TO PREPARE THE FORM 990 IS MODIFIED CASH.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 1:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0113063
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt017323
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0798167
IRS990/TotalAssetsEOYAmt0259418

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$259,418
Liabilities
$0
Net assets
$259,418
Revenue
$100,255
Expenses
$106,654
Net income
-$6,399
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$0.88$0.82$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.35$0.01$1.34$0.89$0.87$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.97$0.52$0.44
2021Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.79$0.45$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.59$0.03$0.56$0.48$0.41$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.46$0.23$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.10$0.11$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.18$0.06$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.08$0.29$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.13$0.20$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.79$0.00$0.79$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.00$0.83$0.19