Civic Intelligence

Belmont College Foundation Inc.

990 • Fiscal year 2017 • EIN 34-1972605

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 24, 2019

120 Fox Shannon PlaceSaint Clairsville, OH 43950

(740) 695-9500

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

46th percentile

2.0%

Higher net margin than 46% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

57th percentile

6.1%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-42%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$825,599

Up $47,726 (+6.1%) from 2016

Net Assets

Up

$825,599

Up $47,726 (+6.1%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$105,597

Down $76,086 (-42%) from 2016

Expenses

Down

$103,496

Down $516,588 (-83%) from 2016

Net Income

Up

$2,101

Up $440,502 (+100%) from 2016

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 2013: $880,682Liabilities 2013: $0Net Assets 2013: $880,6822013Assets 2014: $1,075,827Liabilities 2014: $0Net Assets 2014: $1,075,8272014Assets 2015: $1,258,695Liabilities 2015: $0Net Assets 2015: $1,258,6952015Assets 2016: $777,873Liabilities 2016: $0Net Assets 2016: $777,8732016Assets 2017: $825,599Liabilities 2017: $0Net Assets 2017: $825,5992017Assets 2018: $922,550Liabilities 2018: $0Net Assets 2018: $922,5502018Assets 2019: $1,000,604Liabilities 2019: $0Net Assets 2019: $1,000,6042019Assets 2020: $987,473Liabilities 2020: $0Net Assets 2020: $987,4732020Assets 2021: $1,043,815Liabilities 2021: $0Net Assets 2021: $1,043,8152021Assets 2022: $1,248,986Liabilities 2022: $0Net Assets 2022: $1,248,9862022Assets 2023: $1,415,324Liabilities 2023: $0Net Assets 2023: $1,415,3242023Assets 2024: $1,516,926Liabilities 2024: $0Net Assets 2024: $1,516,9262024Assets 2025: $1,565,400Liabilities 2025: $0Net Assets 2025: $1,565,4002025

Highlighted filing

2017

Assets$825,599
Liabilities$0
Net Assets$825,599

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2013: $73,6272013Revenue 2014: $167,792Expenses 2014: $45,716Net Income 2014: $122,0762014Revenue 2015: $287,798Expenses 2015: $67,514Net Income 2015: $220,2842015Revenue 2016: $181,683Expenses 2016: $620,084Net Income 2016: -$438,4012016Revenue 2017: $105,597Expenses 2017: $103,496Net Income 2017: $2,1012017Revenue 2018: $175,336Expenses 2018: $78,180Net Income 2018: $97,1562018Revenue 2019: $104,692Expenses 2019: $58,047Net Income 2019: $46,6452019Revenue 2020: $108,784Expenses 2020: $123,760Net Income 2020: -$14,9762020Revenue 2021: $166,767Expenses 2021: $177,719Net Income 2021: -$10,9522021Revenue 2022: $672,467Expenses 2022: $164,836Net Income 2022: $507,6312022Revenue 2023: $126,656Expenses 2023: $32,854Net Income 2023: $93,8022023Revenue 2024: $144,586Expenses 2024: $113,079Net Income 2024: $31,5072024Revenue 2025: $166,478Expenses 2025: $178,840Net Income 2025: -$12,3622025

Highlighted filing

2017

Revenue$105,597
Expenses$103,496
Net Income$2,101
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 24, 2019
Return Version
2016v3.0
Gross Receipts
$400,428
Mission and Program Overview

Mission

To raise funds for the enhancement of the college's programs, its image, its effectiveness as an institution, and to provide assistance to students in meeting the ever-increasing costs of a college education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$777,873$825,599▲ $47,726
Investments in Publicly Traded Securities$699,297$761,718▲ $62,421
Savings and Temporary Cash Investments$77,576$62,881▼ $14,695
Cash and Non-Interest-Bearing Accounts$1,000$1,000→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$777,873$825,599▲ $47,726
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$777,873$825,599▲ $47,726
Total Liabilities and Net Assets / Fund Balance$777,873$825,599▲ $47,726

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$306,779-▲ $29,546-$324,165
2015$303,285-▲ $7,434-$306,779
2014$297,062-▲ $9,901-$303,285
2013$266,163-▲ $34,411-$297,062
2012$258,147-▲ $20,532-$266,163
Compensation and Service Providers

Board Members and Trustees

NameTitle
Janet JacobsChairperson
Carolyn Sue WhiteVice Chairperson
Andrew N KeckBoard Member
Dan StephensBoard Member
Diana KennonBoard Member
John TimkoBoard Member
Judge Edmund SargusBoard Member
Philip LewisBoard Member
Richard a Yoss EsqBoard Member
Robert VincenzoBoard Member
Staci ButkusBoard Member
Susan AdamsBoard Member
Dr Mark MacriTrustee Liaison
Vincent GallagherSecretary
Paul SteckerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,903
Program Service Revenue
$0
Investment Income
$25,904
Other Revenue
$8,790
All Other Contributions
$70,903
Change in Net Assets
$2,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$66,654
Other Expenses$36,842
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$66,654--$66,654
Fees for Service Investment Mgmnt Fees-$9,013-$9,013
Fees for Services Accounting-$1,000-$1,000
Information Technology-$659-$659
Insurance-$648-$648
Other Expenses$25,450$32-$32
Total Functional Expenses$92,104$11,392$0$103,496
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Belmont CollegeSt Clairsville, OH-To Provide General Support to Belmont College$66,654
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$8,790
Fundraising Direct Expenses$0
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
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 A, Line 2

Janet jacobs, chairperson, works for pnc bank and the foundation uses pnc investments sue white works at belmont college

Form 990, Part VI, Section A, Line 6

The organization has members.

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

The members of the organization elect the board.

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

The executive committee reviews the return before filing and makes a recommendation to approve the return to the full board

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are made available upon request

Filing and Contact Details

Filer

Filer Name
Belmont College Foundation Inc
EIN
34-1972605
Phone
7406959500
Address
120 FOX SHANNON PLACE, SAINT CLAIRSVILLE, OH 43950

Signing Officer

Name
Raymond Konkoleski
Title
Vice President of Adv & Marketing
Phone
7406959500
Signed
2019-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond Konkoleski
Formed
2002
Legal Domicile
Oh
Voting Board Members
15
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Seachrist Kennon & Marling Ac
Address
21 WARDEN RUN ROAD, WHEELING, WV 26003
Preparer
Craig K Seachrist CPA
Phone
3042330141
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Part v line 4 to support the nursing program at belmont college

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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/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0620084
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0181683
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt02101
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0777873
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0825599
IRS990/SavingsAndTempCashInvstGrp/BOYAmt077576
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062881
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt079693
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0125730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0226533
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0129741
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0168702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0730399
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt025904
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt062823
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt069087
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt038050
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt021734
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0217598
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77050
IRS990ScheduleA/PublicSupportPY170Pct00.79520
IRS990ScheduleA/PublicSupportTotal170Amt0730399
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt079693
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0125730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0226533
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0129741
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0168702
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0730399
IRS990ScheduleA/TotalSupportAmt0947997
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/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0-4081
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0306779
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0324165
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0-8079
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt029546
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-3940
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0303285
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0306779
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07434
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-3678
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0297062
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0303285
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09901
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0-3513
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0266163
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0297062
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt034411
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0-2516
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0258147
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0266163
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-10000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020532
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART V LINE 4 TO SUPPORT THE NURSING PROGRAM AT BELMONT COLLEGE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt066654
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE GENERAL SUPPORT TO BELMONT COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BELMONT COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0310803587
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0120 FOX SHANNON PLACE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ST CLAIRSVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd043950
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JANET JACOBS, CHAIRPERSON, WORKS FOR PNC BANK AND THE FOUNDATION USES PNC INVESTMENTS SUE WHITE WORKS AT BELMONT COLLEGE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE ORGANIZATION ELECT THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE REVIEWS THE RETURN BEFORE FILING AND MAKES A RECOMMENDATION TO APPROVE THE RETURN TO THE FULL BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0777873
IRS990/TotalAssetsEOYAmt0825599
IRS990/TotalAssetsGrp/BOYAmt0777873
IRS990/TotalAssetsGrp/EOYAmt0825599
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt070903
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt011392
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt092104
IRS990/TotalFunctionalExpensesGrp/TotalAmt0103496
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0777873
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0825599
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt092104
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt036462
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-1768
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0105597
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0777873
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0825599
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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