Civic Intelligence

Andrew Squire Testamentary Trust 20-0940460

990 • Fiscal year 2020 • EIN 34-6506892

Jan 01, 2020 to Dec 31, 2020 • Filed on May 07, 2021

4900 Tiedeman Road Oh-01-49-0150Brooklyn, OH 44144

(216) 689-0969

Siviq Scores

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

Liabilities / Assets

3rd percentile

0.00x

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

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

3rd percentile

0.00x

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

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

7th percentile

-35%

Higher net margin than 7% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

44th percentile

$312,536

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 11.3% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

20th percentile

-1.7%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-51%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Assets

Down

$55,206,125

Down $966,313 (-1.7%) from 2019

Net Assets

Down

$55,206,125

Down $966,313 (-1.7%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$2,759,650

Down $2,927,804 (-51%) from 2019

Expenses

Down

$3,725,963

Down $84,836 (-2.2%) from 2019

Net Income

Down

-$966,313

Down $2,842,968 (-151%) from 2019

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2019: $56,172,438Liabilities 2019: $0Net Assets 2019: $56,172,4382019Assets 2020: $55,206,125Liabilities 2020: $0Net Assets 2020: $55,206,1252020Assets 2021: $54,339,048Liabilities 2021: $0Net Assets 2021: $54,339,0482021Assets 2022: $52,615,783Liabilities 2022: $0Net Assets 2022: $52,615,7832022Assets 2023: $51,023,028Liabilities 2023: $0Net Assets 2023: $51,023,0282023Assets 2024: $52,123,464Liabilities 2024: $0Net Assets 2024: $52,123,4642024

Highlighted filing

2020

Assets$55,206,125
Liabilities$0
Net Assets$55,206,125

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2019: $5,687,454Expenses 2019: $3,810,799Net Income 2019: $1,876,6552019Revenue 2020: $2,759,650Expenses 2020: $3,725,963Net Income 2020: -$966,3132020Revenue 2021: $3,104,740Expenses 2021: $3,679,075Net Income 2021: -$574,3352021Revenue 2022: $2,294,557Expenses 2022: $4,310,563Net Income 2022: -$2,016,0062022Revenue 2023: $2,408,953Expenses 2023: $4,001,708Net Income 2023: -$1,592,7552023Revenue 2024: $4,991,760Expenses 2024: $3,891,324Net Income 2024: $1,100,4362024

Highlighted filing

2020

Revenue$2,759,650
Expenses$3,725,963
Net Income-$966,313
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 7, 2021
Return Version
2020v4.0
Gross Receipts
$5,532,034
Mission and Program Overview

Mission

Under the terms of the will and codicils of andrew squire who died january 5, 1934, the trustees are directed to make grants to case western reserve university. Grants are to be used in preserving ,maintaining and operating squire farm, one of the properties and educational functions of the university and to the extent grants are not needed for such purpose, then to be use by the university for the benefit of flora stone mather college of said university.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$56,172,438--
Rtn Earn Endowment Incm Other Fnds-$55,206,125-
Investments Other Securities$56,172,437$55,206,124▼ $966,313
Total Assets$56,172,438$55,206,125▼ $966,313
Other Assets Total$1$1→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$56,172,438$55,206,125▼ $966,313
Total Liabilities and Net Assets / Fund Balance$56,172,438$55,206,125▼ $966,313

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1--
Other Securities$54,773,024--
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Co-trustee$312,536$312,536

Board Members and Trustees

NameTitle
Allen H FordCo-trustee
David HuntCo-trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,739,450
Other Revenue
$20,200
Change in Net Assets
$-966,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,394,972
Salaries, Compensation, and Employee Benefits$312,536
Other Expenses$18,455
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,394,972--$3,394,972
Current Officers, Directors, Trustees, and Key Employees-$312,536-$312,536
All Other Expenses-$16,355-$16,355
Fees for Services Accounting-$2,100-$2,100
Total Functional Expenses$3,394,972$330,991$0$3,725,963
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Case Western Reserve UniversityCleveland, OH170(b)(1)(A)(iii)Benefit of Squire Farm and Mather College$3,393,972
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
Business relationship with 35% controlled entity
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

Part VI, Line 12A

No conflict of interest policy exists for the trust. Keybank n.a. Has a corporate conflict of interest policy.

Part VI, Line 14

The trust has no written document retention or destruction policy. Keybank n a has a corporate document retention and destruction policy.

Part VI, Line 15 A and B

Keybank is co-trustee, is compensated as such, and makes all decisions with respect to the operation and administration of thetrust.

EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1A

KEYBANK IS CO-TRUSTEE.

Form 990, Page 6, Part VI, Line 11-description of Process for Review

All returns are thoroughly prepared and reviewed by our internal professional tax department.

Form 990, Page 6, Part VI, Line 19

Documents are available upon request by mail or by phone within two weeks of receipt of the request.

Filing and Contact Details

Filer

Filer Name
Andrew Squire Testamentary Trust
EIN
34-6506892
Phone
2166890969
Address
4900 TIEDEMAN ROAD OH-01-49-0150, BROOKLYN, OH 44144

Signing Officer

Name
Keybank Byp S Chmura
Title
Vice President
Phone
2166890969
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Formed
1934
Legal Domicile
Oh
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Pricewaterhousecoopers Llp
Address
1850 N CENTRAL AVE STE 700, PHOENIX, AZ 85004
Preparer
Jeffrey E Kuhlin
Phone
4123556000
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Keybank representatives have completed an extensive internal review of supporting organization accounts. this was done in concert with in house counsel and individual determinations were made with respect to the relationships. The beneficiaries have the right to remove the trustee and the trustee has the right to amend the trust to insure continuation of 509(a)3 status.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1KeyBank as Co-Trustee welcomes the input of the charitable beneficiaries as to investments.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2KeyBank, as Co-Trustee, maintains a close and continuous working relationship with Case Western Reserve University and theCleveland Botanical Garden. All supported organizationsmaintain a significant voice as they have the right to remove theTrustee and replace with another corporate Trustee. The Trustee hasthe authority to amend the document to insure the continuation of
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3509(a)(3) status. The supported organizations receive periodic statements reflecting all activity in the trust regarding income ,expenses and investments. KeyBank welcomes the input of the supported organizations as to investments.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Line 8
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3Line 8 Continued
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt066557042
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt067801967
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt066557042
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt067801967
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt0998356
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt01017030
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt065558686
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt066784937
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt02294554
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt02337473
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt066557042
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt067801967
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt02294554
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt02337473
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0341018992
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1340239538
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd1true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd05
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03393972
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt11000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CASE WESTERN RESERVE UNIV
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1CLEVE BOTANICAL GARDEN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt03394972
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PORTRAIT OF A SQUIRE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1XXX-XX-XXXX PORTRAIT OF A SQUIRE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0433100
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt154773024
IRS990ScheduleD/OtherSecuritiesGrp/Desc0KT SHORT TERM INVESTMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1CASE WESTERN RESERVE UNIVERSITY FUN
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01
IRS990ScheduleD/TotalBookValueSecuritiesAmt055206124
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt03393972
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(b)(1)(A)(iii)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BENEFIT OF SQUIRE FARM AND MATHER COLLEGE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CASE WESTERN RESERVE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientEIN0341018992
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt011000 CEDAR AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CLEVELAND
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd044106
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE MADE TO 501(c)(3 ) ORGANIZATIONS THAT ARE NAMED IN THE TRUST DOCUMENT. OUR ADMINISTRATIVE REPRESENTATIVES ARE IN PERIODIC CONTACT WITH REPRESENTATIVES OF THE CHARITIES IN ORDER TO BE IN COMPLIANCE WITH THE TRUST PROVISIONS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO CONFLICT OF INTEREST POLICY EXISTS FOR THE TRUST. KEYBANK N.A. HAS A CORPORATE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUST HAS NO WRITTEN DOCUMENT RETENTION OR DESTRUCTION POLICY. KEYBANK N A HAS A CORPORATE DOCUMENT RETENTION AND DESTRUCTION POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2KEYBANK IS CO-TRUSTEE, IS COMPENSATED AS SUCH, AND MAKES ALL DECISIONS WITH RESPECT TO THE OPERATION AND ADMINISTRATION OF THETRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEYBANK IS CO-TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL RETURNS ARE THOROUGHLY PREPARED AND REVIEWED BY OUR INTERNAL PROFESSIONAL TAX DEPARTMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAILABLE UPON REQUEST BY MAIL OR BY PHONE WITHIN TWO WEEKS OF RECEIPT OF THE REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI, LINE 12A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI, LINE 15 A AND B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt056172438
IRS990/TotalAssetsEOYAmt055206125
IRS990/TotalAssetsGrp/BOYAmt056172438
IRS990/TotalAssetsGrp/EOYAmt055206125
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0330991
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03394972
IRS990/TotalFunctionalExpensesGrp/TotalAmt03725963
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056172438
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt055206125
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03395972
IRS990/TotalReportableCompFromOrgAmt0312536
IRS990/TotalRevenueGrp/ExclusionAmt02759650
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02759650
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt056172438
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt055206125
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEYBANK BYP S CHMURA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02166890969
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ANDREW SQUIRE TESTAMENTARY TRUST
ReturnHeader/Filer/BusinessNameControlTxt0SQUI
ReturnHeader/Filer/EIN0346506892
ReturnHeader/Filer/PhoneNum02166890969
ReturnHeader/Filer/USAddress/AddressLine1Txt04900 TIEDEMAN ROAD OH-01-49-0150
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044144
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0134008324
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PRICEWATERHOUSECOOPERS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01850 N CENTRAL AVE STE 700
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PHOENIX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AZ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd085004
ReturnHeader/PreparerPersonGrp/PhoneNum04123556000
ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY E KUHLIN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-05-12T09:00:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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