Civic Intelligence

The Cressy Foundation Inc

EIN 35-1994475 • 501(c)3 • South Bend, IN

Profile

The Cressy Foundation supports charitable, educational and religious purposes benefitting citizens of St. Joseph County, Indiana.

PO Box 837South Bend, IN 46624-0837

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

56th percentile

0.11x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

58th percentile

6.5%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

22nd percentile

-11%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$2,063,629

Up $125,689 (+6.5%) from 2024

Liabilities

Down

$25,465

Down $29,986 (-54%) from 2024

Net Assets

Up

$2,038,164

Up $155,675 (+8.3%) from 2024

Revenue

Down

$235,376

Down $30,457 (-11%) from 2024

Expenses

Down

$94,607

Down $68,403 (-42%) from 2024

Net Income

Up

$140,769

Up $37,946 (+37%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2020: $1,778,896Liabilities 2020: $723,918Net Assets 2020: $1,054,9782020Assets 2021: $2,161,118Liabilities 2021: $556,380Net Assets 2021: $1,604,7382021Assets 2022: $1,931,150Liabilities 2022: $410,979Net Assets 2022: $1,520,1712022Assets 2023: $1,938,570Liabilities 2023: $250,704Net Assets 2023: $1,687,8662023Assets 2024: $1,937,940Liabilities 2024: $55,451Net Assets 2024: $1,882,4892024Assets 2025: $2,063,629Liabilities 2025: $25,465Net Assets 2025: $2,038,1642025

Highlighted filing

2025

Assets$2,063,629
Liabilities$25,465
Net Assets$2,038,164

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2020: $358,274Expenses 2020: $1,018,377Net Income 2020: -$660,1032020Revenue 2021: $412,535Expenses 2021: $170,326Net Income 2021: $242,2092021Revenue 2022: $369,140Expenses 2022: $172,312Net Income 2022: $196,8282022Revenue 2023: $358,518Expenses 2023: $212,943Net Income 2023: $145,5752023Revenue 2024: $265,833Expenses 2024: $163,010Net Income 2024: $102,8232024Revenue 2025: $235,376Expenses 2025: $94,607Net Income 2025: $140,7692025

Highlighted filing

2025

Revenue$235,376
Expenses$94,607
Net Income$140,769

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 26, 2025
Return Version
2024v5.0
Gross Receipts
$1,345,237
Mission and Program Overview

Mission

The Cressy Foundation is a supporting organization of the Community Foundation of St. Joseph County. The Cressy Foundation supports charitable, educational and religious purposes benefitting citizens of St. Joseph County, Indiana.

The Cressy Foundation supports charitable, educational, and religious purposes benefitting citizens of St. Joseph County, Indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,185,172$1,284,423▲ $99,251
Other Notes and Loans Receivable, Net$369,923$351,951▼ $17,972
Investments Other Securities$310,565$330,585▲ $20,020
Savings and Temporary Cash Investments$72,280$96,670▲ $24,390
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,937,940$2,063,629▲ $125,689
Other Assets Total$0$0→ $0
Liabilities
Grants Payable$55,000$25,000▼ $30,000
Accounts Payable and Accrued Expenses$451$465▲ $14
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$55,451$25,465▼ $29,986
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,882,489$2,038,164▲ $155,675
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,882,489$2,038,164▲ $155,675
Total Liabilities and Net Assets / Fund Balance$1,937,940$2,063,629▲ $125,689

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$330,585--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,865,660$500▲ $175,862$0$1,995,320
2023$1,923,507$1,500▼ $28,015$0$1,865,660
2022$1,893,945$500▲ $59,717$0$1,923,507
2021$2,121,522$500▼ $197,953$0$1,893,945
2020$1,776,885$500▲ $372,051$0$2,121,522
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donald G CressyPresident
Kiernan AnzelcVice President
Catherine WynneDirector
John FirthDirector
M Rose MeissnerSecretary/Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$65,940
Program Service Revenue
$0
Investment Income
$169,436
Other Revenue
$0
All Other Contributions
$65,940
Change in Net Assets
$140,769

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$65,440Mean of high & low
Total Noncash Contributions1$65,440-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$78,500
Other Expenses$16,107
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$78,500--$78,500
Other Expenses$0$7,886$0$7,886
Office Expenses$0$499$0$499
Insurance$0$250$0$250
All Other Expenses$0$23$0$23
Total Functional Expenses$78,500$16,107$0$94,607
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mishawaka Parks and Recreation Foundation IncMishawaka, IN501(c)(3)Restricted$35,000
United Way of St Joseph CountySouth Bend, IN501(c)(3)Restricted$10,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Donald Cressy and Kiernan Anzelc - Family Relationship.

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

The Community Foundation of St Joseph County's Audit Committee, comprised of accounting professionals, were delegated the responsibility to review The Cressy Foundation's 990. The Audit Committee receives a completed copy of the 990 prior to filing and will report any concern to The Cressy Foundation's Board of Directors. The 990 is made available to all board members upon request.

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

At the beginning of each term, the Board reviews their responsibilities as outlined in the Conflict of Interest Policy. Board members disclose their conflicts of interest with respect to each item discussed and the disclosure is reflected in the minutes of the meeting.

Form 990, Part VI, Section C, Line 19

The consolidated audited financial statements are available on the Community Foundation of St Joseph County's website. The governing documents and conflict of interest policy are available upon request.

Filing and Contact Details

Filer

Filer Name
Cressy Foundation Inc
EIN
35-1994475
Phone
5742320041
Address
PO Box 837, South Bend, IN 46624-0837

Signing Officer

Name
Rose Meissner
Title
Secretary/Treasurer
Phone
5742320041
Signed
2025-09-26

Organization Details

Principal Officer
Rose Meissner
Formed
1996
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

Endowment funds are intended to provide support towards charitable, educational, and religious purposes.

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IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0499
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0499
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Bank & Investment Expenses
IRS990/OtherExpensesGrp/Desc1Administrative Fee
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07449
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17886
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/TotalAmt07449
IRS990/OtherExpensesGrp/TotalAmt17886
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0369923
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0351951
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Rose Meissner
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0251407
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0116134
IRS990/PYInvestmentIncomeAmt014426
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt046876
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0102823
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0163010
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0265833
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0140769
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt072280
IRS990/SavingsAndTempCashInvstGrp/EOYAmt096670
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237365930
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt07886

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