Civic Intelligence

Shellbourne Inc.

990 • Fiscal year 2016 • EIN 35-1266330

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 05, 2017

359 West 200 NorthValparaiso, IN 46385-7729

(773) 283-5800

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

81st percentile

21%

Higher net margin than 81% of similar nonprofits.

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

Top Officer Pay

22nd percentile

$34,228

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

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

Asset Growth

61st percentile

4.5%

Faster asset growth than 61% of similar nonprofits.

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

Revenue Growth

7th percentile

-43%

Faster revenue growth than 7% of similar nonprofits.

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

Assets

Up

$8,333,095

Up $355,272 (+4.5%) from 2015

Net Assets

Up

$8,333,095

Up $355,272 (+4.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$1,677,944

Down $1,287,069 (-43%) from 2015

Expenses

Up

$1,322,672

Up $133,983 (+11%) from 2015

Net Income

Down

$355,272

Down $1,421,052 (-80%) from 2015

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $6,201,499Liabilities 2014: $0Net Assets 2014: $6,201,4992014Assets 2015: $7,977,823Liabilities 2015: $0Net Assets 2015: $7,977,8232015Assets 2016: $8,333,095Liabilities 2016: $0Net Assets 2016: $8,333,0952016Assets 2017: $8,215,078Liabilities 2017: $0Net Assets 2017: $8,215,0782017Assets 2018: $8,076,804Liabilities 2018: $0Net Assets 2018: $8,076,8042018Assets 2019: $7,873,762Liabilities 2019: $10,365Net Assets 2019: $7,863,3972019Assets 2020: $7,972,591Liabilities 2020: $147,200Net Assets 2020: $7,825,3912020Assets 2021: $7,796,510Liabilities 2021: $0Net Assets 2021: $7,796,5102021Assets 2022: $7,924,995Liabilities 2022: $5,386Net Assets 2022: $7,919,6092022Assets 2024: $7,760,874Liabilities 2024: $74,959Net Assets 2024: $7,685,9152024

Highlighted filing

2016

Assets$8,333,095
Liabilities$0
Net Assets$8,333,095

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,789,214Expenses 2014: $1,304,035Net Income 2014: $485,1792014Revenue 2015: $2,965,013Expenses 2015: $1,188,689Net Income 2015: $1,776,3242015Revenue 2016: $1,677,944Expenses 2016: $1,322,672Net Income 2016: $355,2722016Revenue 2017: $1,224,030Expenses 2017: $1,342,047Net Income 2017: -$118,0172017Revenue 2018: $1,507,754Expenses 2018: $1,646,028Net Income 2018: -$138,2742018Revenue 2019: $1,481,524Expenses 2019: $1,694,931Net Income 2019: -$213,4072019Revenue 2020: $1,543,060Expenses 2020: $1,581,066Net Income 2020: -$38,0062020Revenue 2021: $1,573,745Expenses 2021: $1,602,626Net Income 2021: -$28,8812021Revenue 2022: $1,692,477Expenses 2022: $1,569,378Net Income 2022: $123,0992022Revenue 2024: $1,634,373Expenses 2024: $1,664,181Net Income 2024: -$29,8082024

Highlighted filing

2016

Revenue$1,677,944
Expenses$1,322,672
Net Income$355,272
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 5, 2017
Return Version
2016v3.0
Gross Receipts
$1,688,972
Mission and Program Overview

Mission

To foster religious and cultural formation of men and women, to teach the application of christian principles to everyday life, and to promote christian morals and benevolence.

To foster religious and cultural formation of men and women, to teach the application of christian principles to everyday life, and to promote christian morals and benevolence

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,722,801$8,088,737▲ $365,936
Cash and Non-Interest-Bearing Accounts$184,608$233,574▲ $48,966
Savings and Temporary Cash Investments$70,414$10,784▼ $59,630
Total Assets$7,977,823$8,333,095▲ $355,272
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$7,925,412$8,283,432▲ $358,020
Temporarily Rstr Net Assets$52,411$49,663▼ $2,748
Total Net Assets Fund Balance$7,977,823$8,333,095▲ $355,272
Total Liabilities and Net Assets / Fund Balance$7,977,823$8,333,095▲ $355,272

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,398,863$3,635,789$11,034,652
Other Land Buildings$460,671$637,755$1,098,426
Land$229,203-$229,203
Equipment$0$22,416$22,416
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Ashley PetrosDirector$8,008$26,220$34,228

Board Members and Trustees

NameTitle
Eugene T CarterPresident
Andrea NagodeVice President
Charles CushnieVice President
Aileen ChangDirector
Audrey KetolaDirector
Emma AlegreDirector
Maria Aurora MierDirector
Michael WinnDirector
Sheryll WernerDirector
Timothy C HoganDirector
Virginia CollinsDirector
George J WitousSecretary
Gregory G GieblerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$523,824
Program Service Revenue
$1,148,331
Investment Income
$0
Other Revenue
$5,789
All Other Contributions
$523,824
Change in Net Assets
$355,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$862,969
Salaries, Compensation, and Employee Benefits$436,627
Total Fundraising Expense$48,084
Grants and Similar Amounts Paid$23,076
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$249,828$30,334$15,167$295,329
Occupancy$232,108$25,938$10,375$268,421
Depreciation Depletion$190,720$22,438$11,219$224,377
Other Employee Benefits$66,855$10,950$5,475$83,280
Insurance$44,791$5,723$2,658$53,172
Current Officers, Directors, Trustees, and Key Employees$34,228--$34,228
Conferences and Meetings$31,352--$31,352
Payroll Taxes$20,222$2,379$1,189$23,790
Grants to Domestic Orgs$23,076--$23,076
All Other Expenses$6,446$8,674$266$15,386
Other Expenses$12,577$3,929$832$12,577
Fees for Services Accounting-$6,480-$6,480
Office Expenses$5,378$659$318$6,355
Travel$2,631$2,631$585$5,847
Fees for Services Other-$4,128-$4,128
Total Functional Expenses$1,150,325$124,263$48,084$1,322,672
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rosemoor Foundation IncNew York, NY501(c)(3)General Support$23,076
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
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
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

Copies of the form 990 are distributed to board members for their review and comment, before filing the form 990. Any questions are resolved by management.

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

The organization reviews all major decisions relating to significant organizational expenses for possible conflicts of interest among board members and key employees.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Shellbourne Inc
EIN
35-1266330
Phone
7732835800
Address
359 WEST 200 NORTH, VALPARAISO, IN 46385-7729

Signing Officer

Name
Andrea Nagode
Title
Vice President
Phone
7732835800
Signed
2017-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrea Nagode
Formed
1971
Legal Domicile
In
Voting Board Members
12
Independent Board Members
11
Employees
66
Volunteers
30

Preparer

Firm
DUGAN & LOPATKA CPA'S PC
Address
104 E ROOSEVELT ROAD SUITE 102, WHEATON, IL 60187-5267
Preparer
Ron Marklund
Phone
6306654440
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IRS990/OtherExpensesGrp/TotalAmt0171385
IRS990/OtherExpensesGrp/TotalAmt142693
IRS990/OtherExpensesGrp/TotalAmt220796
IRS990/OtherExpensesGrp/TotalAmt312577
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015167
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt030334
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0249828
IRS990/OtherSalariesAndWagesGrp/TotalAmt0295329
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01189
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02379
IRS990/PayrollTaxesGrp/ProgramServicesAmt020222
IRS990/PayrollTaxesGrp/TotalAmt023790
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANDREA NAGODE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/BusinessCd1721310
IRS990/ProgramServiceRevenueGrp/BusinessCd2812900
IRS990/ProgramServiceRevenueGrp/Desc0GENERAL TUITION & ACTI
IRS990/ProgramServiceRevenueGrp/Desc1ROOM AND BOARD FEES
IRS990/ProgramServiceRevenueGrp/Desc2ALTAR BREAD SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01125282
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt113600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29449
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01125282
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt113600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29449
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANT TO ROSEMOOR FOUNDATION (A 501(C)(3) CORPORATION) IN SUPPORT OF THE APOSTOLATES OF THE ROMAN CATHOLIC PRELATURE OPUS DEI
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023076
IRS990/ProgSrvcAccomActy2Grp/GrantAmt023076
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01922223
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt026923
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0736102
IRS990/PYOtherRevenueAmt02288
IRS990/PYProgramServiceRevenueAmt01040502
IRS990/PYRevenuesLessExpensesAmt01776324
IRS990/PYSalariesCompEmpBnftPaidAmt0425664
IRS990/PYTotalExpensesAmt01188689
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02965013
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0355272
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01153752
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0368
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0368
IRS990/SavingsAndTempCashInvstGrp/BOYAmt070414
IRS990/SavingsAndTempCashInvstGrp/EOYAmt010784
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt07425
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt07425
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt04600
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt04985
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt025435
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0523824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01922223
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0751982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0117176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035978
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03351183
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0368
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0752
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01945
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04784
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0503
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08352
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01164780
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01058705
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01048149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01104721
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01092940
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05469295
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0368
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0752
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01945
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04784
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0503
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08352
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0175
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0175
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99620
IRS990ScheduleA/PublicSupportPY509Pct00.99280
IRS990ScheduleA/PublicSupportTotal509Amt08795043
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt07425
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt07425
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt04600
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt04985
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt025435
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01688604
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02980928
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01800131
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01221897
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01128918
IRS990ScheduleA/Total509Grp/TotalAmt08820478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01688972
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02981680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01802251
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01226681
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01129421
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08829005
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/BuildingsGrp/BookValueAmt07398863
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03635789
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011034652
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt022416
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt022416
IRS990ScheduleD/LandGrp/BookValueAmt0229203
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0229203
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0460671
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0637755
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01098426
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08088737
IRS990ScheduleI/GrantRecordsMaintainedInd01

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