Civic Intelligence

Moose Foundation Inc.

990 • Fiscal year 2021 • EIN 36-3993733

May 01, 2020 to Apr 30, 2021 • Filed on Aug 25, 2021

155 South International DriveMooseheart, IL 60539

(630) 859-2000

Siviq Scores

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

Liabilities / Assets

1st percentile

0.00x

Higher debt load relative to assets than 1% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

2nd percentile

0.00x

Higher debt load relative to revenue than 2% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

3rd percentile

$0

Higher top officer pay than 3% of similar nonprofits.

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

Up

$262,385,978

Up $108,892,089 (+71%) from 2015

Net Assets

Up

$262,376,056

Up $109,001,267 (+71%) from 2015

Liabilities

Down

$9,922

Down $109,178 (-92%) from 2015

Revenue

Down

$11,558,781

Down $749,247 (-6.1%) from 2015

Expenses

Up

$7,193,500

Up $5,894,153 (+454%) from 2015

Net Income

Down

$4,365,281

Down $6,643,400 (-60%) from 2015

Historical Trend

Balance Sheet Trend

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

$400M$300M$200M$100M$0Assets 2011: $96,707,474Liabilities 2011: $26,370Net Assets 2011: $96,681,1042011Assets 2012: $102,605,306Liabilities 2012: $0Net Assets 2012: $102,605,3062012Assets 2013: $116,818,197Liabilities 2013: $19,807Net Assets 2013: $116,798,3902013Assets 2014: $137,463,260Liabilities 2014: $409,072Net Assets 2014: $137,054,1882014Assets 2015: $153,493,889Liabilities 2015: $119,100Net Assets 2015: $153,374,7892015Assets 2021: $262,385,978Liabilities 2021: $9,922Net Assets 2021: $262,376,0562021Assets 2022: $261,014,797Liabilities 2022: $43,373Net Assets 2022: $260,971,4242022Assets 2023: $270,317,289Liabilities 2023: $1,682,227Net Assets 2023: $268,635,0622023Assets 2024: $298,814,967Liabilities 2024: $87,908Net Assets 2024: $298,727,0592024Assets 2025: $328,103,285Liabilities 2025: $127,641Net Assets 2025: $327,975,6442025

Highlighted filing

2021

Assets$262,385,978
Liabilities$9,922
Net Assets$262,376,056

Operations Trend

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

$30M$20M$10M$0Expenses 2011: $3,043,4252011Expenses 2012: $2,005,5292012Expenses 2013: $3,798,0852013Revenue 2014: $13,225,440Expenses 2014: $2,094,418Net Income 2014: $11,131,0222014Revenue 2015: $12,308,028Expenses 2015: $1,299,347Net Income 2015: $11,008,6812015Revenue 2021: $11,558,781Expenses 2021: $7,193,500Net Income 2021: $4,365,2812021Revenue 2022: $19,670,612Expenses 2022: $6,049,934Net Income 2022: $13,620,6782022Revenue 2023: $11,739,987Expenses 2023: $7,010,290Net Income 2023: $4,729,6972023Revenue 2024: $13,324,840Expenses 2024: $3,401,782Net Income 2024: $9,923,0582024Revenue 2025: $21,158,854Expenses 2025: $6,043,938Net Income 2025: $15,114,9162025

Highlighted filing

2021

Revenue$11,558,781
Expenses$7,193,500
Net Income$4,365,281
Jump To
Filing Snapshot
Filing Period
May 1, 2020 to Apr 30, 2021
Signed
Aug 25, 2021
Return Version
2020v4.0
Gross Receipts
$41,645,587
Mission and Program Overview

Mission

Moose foundation, inc. Operates exclusively to support the purposes and endeavors of mooseheart child city and school, inc., moosehaven, inc., and moose charities, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$119,835,311$171,027,297▲ $51,191,986
Investments Other Securities$80,190,794$90,688,382▲ $10,497,588
Cash and Non-Interest-Bearing Accounts$498,445$162,742▼ $335,703
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$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$200,534,390$262,385,978▲ $61,851,588
Other Assets Total$9,840$507,557▲ $497,717
Liabilities
Other Liabilities$64,278--
Accounts Payable and Accrued Expenses$5,739$9,922▲ $4,183
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$70,017$9,922▼ $60,095
Net Assets / Fund Balance
Net Assets With Donor Restrictions$189,225,105$232,629,016▲ $43,403,911
Net Assets Without Donor Restrictions$11,239,268$29,747,040▲ $18,507,772
Total Net Assets Fund Balance$200,464,373$262,376,056▲ $61,911,683
Total Liabilities and Net Assets / Fund Balance$200,534,390$262,385,978▲ $61,851,588

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$31,751,987--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$200,464,373$5,065,633▲ $64,039,550$7,193,500$262,376,056
2019$206,864,572$5,045,375▼ $7,245,550$4,185,224$200,464,373
2018$195,930,454$5,489,845▲ $9,670,832$4,226,559$206,864,572
2017$178,204,947$5,346,123▲ $18,065,514$5,686,130$195,930,454
2016$152,267,418$5,490,302▲ $20,889,372$442,145$178,204,947
Compensation and Service Providers

Board Members and Trustees

NameTitle
George W McCullough IIIPresident/Director
Judy DavisVice President/Director
F Ross FleetDirector
Liguori V SaladinDirector
Charles A ThulinSecretary/Treasurer/Director
Revenue and Support

Revenue Composition

Contributions and Grants
$5,065,633
Program Service Revenue
$0
Investment Income
$6,493,148
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$4,365,281

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,558,781
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$57,546,402
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$69,105,183
Total Revenue per Form 990
$11,558,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,193,500
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,000,000--$7,000,000
Grants to Domestic Individuals$193,500--$193,500
Total Functional Expenses$7,193,500$0$0$7,193,500

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,193,500
Total Expenses per Audited Statements$7,193,500
Total Expenses per Form 990$7,193,500
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mooseheart Child City & School IncMooseheart, IL509(a)(1)To provide additional funds for children in need.$3,800,000
Moosehaven IncMooseheart, IL509(a)(2)To provide additional funds for care of elderly in need.$3,200,000
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
Backup withholding compliance
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 7A

The supported charities appoint one director each. The three beneficiary directors nominate the two independent directors.

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

A draft of the form is sent to all Directors and Officers for review and comments. Once they have responded, all comments are addressed and the final version is created.

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

Annually, Directors and Officers confirm in writing that they have not participated in any transactions which might present a conflict of interest.

Form 990, Part VI, Section C, Line 19

All Moose Foundation organization documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Moose Foundation Inc
EIN
36-3993733
Phone
6308592000
Address
155 South International Drive, Mooseheart, IL 60539

Signing Officer

Name
Joseph Mech
Title
Treasurer
Phone
6308592000
Signed
2021-08-25

Organization Details

Principal Officer
George W McCullough III
Formed
1994
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
86
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

The endowment funds help to ensure the continued operation of the supported charities.

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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/Organization501c3Ind0X
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IRS990/OtherAssetsTotalGrp/BOYAmt09840
IRS990/OtherAssetsTotalGrp/EOYAmt0507557
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IRS990/ProgSrvcAccomActy2Grp/Desc0Support provided toward the operation and maintenance of a home for dependent aged members known as Moosehaven, Inc. Moosehaven is a retirement community that is available to qualified Moose members and their spouses who have a need to go there for their retirement years. Moosehaven, Inc. assumes full responsibility for total care of residents, including providing food, clothing, housing, and medical and dental care. Moosehaven also benefits the community by aiding and extending the lives of residents and enabling them to live safe, useful and independent lives, and to relieve stress. The appoximate number of individuals served is 300.
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IRS990/ProgSrvcAccomActy3Grp/Desc0College scholarships are provided to graduates of Mooseheart High School and other high schools. All children attending school at Mooseheart have scholarships available to them for post high school education.
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