Civic Intelligence

St. Teresa Educational Foundation

990 • Fiscal year 2019 • EIN 37-1122753

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 11, 2020

2710 N Water StreetDecatur, IL 62526-4232

(217) 875-6024

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

7th percentile

0.00x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

13th percentile

-21%

Faster revenue growth than 13% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,657,912

Up $747,924 (+11%) from 2018

Net Assets

Up

$7,657,912

Up $747,924 (+11%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$1,216,236

Down $332,523 (-21%) from 2018

Expenses

Up

$538,823

Up $152,920 (+40%) from 2018

Net Income

Down

$677,413

Down $485,443 (-42%) from 2018

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $4,303,768Liabilities 2010: $0Net Assets 2010: $4,303,7682010Assets 2011: $4,854,464Liabilities 2011: $0Net Assets 2011: $4,854,4642011Assets 2012: $4,680,002Liabilities 2012: $0Net Assets 2012: $4,680,0022012Assets 2013: $5,113,318Liabilities 2013: $0Net Assets 2013: $5,113,3182013Assets 2014: $5,256,518Liabilities 2014: $0Net Assets 2014: $5,256,5182014Assets 2015: $5,280,802Liabilities 2015: $0Net Assets 2015: $5,280,8022015Assets 2016: $5,197,965Liabilities 2016: $0Net Assets 2016: $5,197,9652016Assets 2017: $5,519,789Liabilities 2017: $0Net Assets 2017: $5,519,7892017Assets 2018: $6,909,988Liabilities 2018: $0Net Assets 2018: $6,909,9882018Assets 2019: $7,657,912Liabilities 2019: $0Net Assets 2019: $7,657,9122019Assets 2020: $7,983,635Liabilities 2020: $0Net Assets 2020: $7,983,6352020Assets 2021: $9,708,724Liabilities 2021: $0Net Assets 2021: $9,708,7242021Assets 2022: $8,367,632Liabilities 2022: $0Net Assets 2022: $8,367,6322022Assets 2023: $8,458,804Liabilities 2023: $0Net Assets 2023: $8,458,8042023Assets 2024: $9,189,658Liabilities 2024: $0Net Assets 2024: $9,189,6582024Assets 2025: $9,521,584Liabilities 2025: $0Net Assets 2025: $9,521,5842025

Highlighted filing

2019

Assets$7,657,912
Liabilities$0
Net Assets$7,657,912

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $170,1752010Expenses 2011: $253,5042011Expenses 2012: $276,5752012Expenses 2013: $296,3422013Revenue 2014: $305,078Expenses 2014: $848,760Net Income 2014: -$543,6822014Revenue 2015: $523,936Expenses 2015: $429,352Net Income 2015: $94,5842015Revenue 2016: $351,969Expenses 2016: $323,957Net Income 2016: $28,0122016Revenue 2017: $252,320Expenses 2017: $305,567Net Income 2017: -$53,2472017Revenue 2018: $1,548,759Expenses 2018: $385,903Net Income 2018: $1,162,8562018Revenue 2019: $1,216,236Expenses 2019: $538,823Net Income 2019: $677,4132019Revenue 2020: $815,124Expenses 2020: $515,847Net Income 2020: $299,2772020Revenue 2021: $960,866Expenses 2021: $481,571Net Income 2021: $479,2952021Revenue 2022: $716,373Expenses 2022: $815,152Net Income 2022: -$98,7792022Revenue 2023: $496,683Expenses 2023: $891,720Net Income 2023: -$395,0372023Revenue 2024: $557,848Expenses 2024: $488,888Net Income 2024: $68,9602024Revenue 2025: $1,059,272Expenses 2025: $926,120Net Income 2025: $133,1522025

Highlighted filing

2019

Revenue$1,216,236
Expenses$538,823
Net Income$677,413
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 11, 2020
Return Version
2018v3.2
Gross Receipts
$1,216,236
Mission and Program Overview

Mission

To make available income for religious, charitable and educational purposes as directed by the board of directors of this corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$5,609,136$6,305,611▲ $696,475
Savings and Temporary Cash Investments$793,871$839,325▲ $45,454
Investments in Publicly Traded Securities$480,350$483,062▲ $2,712
Cash and Non-Interest-Bearing Accounts$5,000$7,345▲ $2,345
Total Assets$6,909,988$7,657,912▲ $747,924
Other Assets Total$21,631$22,569▲ $938
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$5,344,627$6,080,986▲ $736,359
Permanently Rstr Net Assets$1,565,361$1,576,926▲ $11,565
Total Net Assets Fund Balance$6,909,988$7,657,912▲ $747,924
Total Liabilities and Net Assets / Fund Balance$6,909,988$7,657,912▲ $747,924

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$6,305,611--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tracey JergerPresident
Darbe BrinkoetterDirector
David PeckDirector
Jack MccoyDirector
James JankowiczDirector
Kevin BrehenyDirector
Matt BeckDirector
Michael KernaghanDirector
Pat DawsonDirector
Rev Joseph MolloyDirector
Tappi McleodDirector
Lowell BrosamerEx-oficio
Kenneth HendriksenExecutive Di
Leslie McelroySecretary
Dan McguireTreasurer
Dan MartiniVice Preside
Brandon BarneyVP of Develo
Revenue and Support

Revenue Composition

Contributions and Grants
$927,818
Program Service Revenue
$0
Investment Income
$288,418
Other Revenue
$0
All Other Contributions
$927,818
Change in Net Assets
$677,413

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,216,236
Revenue Not Reported on Form 990
$70,511
Total Revenue per Audited Statements
$1,286,747
Total Revenue per Form 990
$1,216,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$440,009
Other Expenses$98,814
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$440,009--$440,009
Other Expenses$92,114--$92,114
Fees for Services Accounting-$6,100-$6,100
Fees for Service Investment Mgmnt Fees-$600-$600
Total Functional Expenses$532,123$6,700$0$538,823

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$538,823
Total Expenses per Audited Statements$538,823
Total Expenses per Form 990$538,823
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Teresa High SchoolDecatur, IL-Schol. & Oper Exp.$440,009
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
Audit committee
Yes
Backup withholding compliance
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, Page 6, Part VI, Line 11B

Treasurer reviews financial statements and 990 before filing and goes over with the board of directors at a meeting.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
St Teresa Educational Foundation
EIN
37-1122753
Phone
2178756024
Address
2710 N WATER STREET, DECATUR, IL 62526-4232

Signing Officer

Name
Kenneth Hendriksen
Title
Executive Director
Phone
2178756024
Signed
2020-02-11

Organization Details

Principal Officer
Kenneth Hendriksen
Formed
1982
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
0
Volunteers
17

Preparer

Firm
Mck Cpas & Advisors
Address
1353 E MOUND RD SUITE 300, DECATUR, IL 62526
Preparer
D JENE' ROW
Phone
2178752655
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Board members are considered volunteers.

Form 990, Part XI, Line 9

Change in csv of life insurance 939

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Change in csv life insurance 939

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.52$0.00$9.52$1.06$0.93$0.13
2024Detailed filing. Detailed filing data is available for this year.$9.19$0.00$9.19$0.56$0.49$0.07
2023Detailed filing. Detailed filing data is available for this year.$8.46$0.00$8.46$0.50$0.89$0.40
2022Detailed filing. Detailed filing data is available for this year.$8.37$0.00$8.37$0.72$0.82$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.71$0.00$9.71$0.96$0.48$0.48
2020Detailed filing. Detailed filing data is available for this year.$7.98$0.00$7.98$0.82$0.52$0.30
2019Detailed filing. Detailed filing data is available for this year.$7.66$0.00$7.66$1.22$0.54$0.68
2018Detailed filing. Detailed filing data is available for this year.$6.91$0.00$6.91$1.55$0.39$1.16
2017Detailed filing. Detailed filing data is available for this year.$5.52$0.00$5.52$0.25$0.31$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.20$0.00$5.20$0.35$0.32$0.03
2015Detailed filing. Detailed filing data is available for this year.$5.28$0.00$5.28$0.52$0.43$0.09
2014Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$0.31$0.85$0.54
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$0.00$5.11$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$0.00$4.68$0.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$0.00$4.85$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.30$0.00$4.30$0.17