Civic Intelligence

Arthur L Fogleman Trust

990 • Fiscal year 2020 • EIN 37-6223217

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 29, 2021

Organization ProfileN/A
601 South State StreetLitchfield, IL 62056

(217) 324-3935

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

6th percentile

-62%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

15th percentile

-5.0%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

43rd percentile

-2.6%

Faster revenue growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$1,453,233

Down $76,221 (-5.0%) from 2019

Net Assets

Down

$1,453,233

Down $76,221 (-5.0%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin6th percentile

Revenue

Down

$123,201

Down $3,240 (-2.6%) from 2019

Expenses

Up

$199,422

Up $15,425 (+8.4%) from 2019

Net Income

Down

-$76,221

Down $18,665 (-32%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,434,172Liabilities 2011: $0Net Assets 2011: $1,434,1722011Assets 2012: $1,450,986Liabilities 2012: $0Net Assets 2012: $1,450,9862012Assets 2013: $1,461,201Liabilities 2013: $0Net Assets 2013: $1,461,2012013Assets 2014: $1,450,759Liabilities 2014: $0Net Assets 2014: $1,450,7592014Assets 2015: $1,570,845Liabilities 2015: $0Net Assets 2015: $1,570,8452015Assets 2016: $1,544,650Liabilities 2016: $0Net Assets 2016: $1,544,6502016Assets 2017: $1,555,165Liabilities 2017: $0Net Assets 2017: $1,555,1652017Assets 2018: $1,587,010Liabilities 2018: $0Net Assets 2018: $1,587,0102018Assets 2019: $1,529,454Liabilities 2019: $0Net Assets 2019: $1,529,4542019Assets 2020: $1,453,233Liabilities 2020: $0Net Assets 2020: $1,453,2332020Assets 2021: $1,446,963Liabilities 2021: $0Net Assets 2021: $1,446,9632021Assets 2022: $1,480,824Liabilities 2022: $0Net Assets 2022: $1,480,8242022Assets 2023: $1,487,400Liabilities 2023: $0Net Assets 2023: $1,487,4002023Assets 2024: $1,479,828Liabilities 2024: $0Net Assets 2024: $1,479,8282024

Highlighted filing

2020

Assets$1,453,233
Liabilities$0
Net Assets$1,453,233
Open 2020 Filing

Operations Trend

Revenue Growth43rd percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $714,755Expenses 2011: $135,603Net Income 2011: $579,1522011Revenue 2012: $209,681Expenses 2012: $192,866Net Income 2012: $16,8152012Revenue 2013: $214,842Expenses 2013: $204,630Net Income 2013: $10,2122013Revenue 2014: $215,721Expenses 2014: $226,165Net Income 2014: -$10,4442014Revenue 2015: $346,441Expenses 2015: $226,355Net Income 2015: $120,0862015Revenue 2016: $217,130Expenses 2016: $243,325Net Income 2016: -$26,1952016Revenue 2017: $163,662Expenses 2017: $153,147Net Income 2017: $10,5152017Revenue 2018: $183,809Expenses 2018: $151,964Net Income 2018: $31,8452018Revenue 2019: $126,441Expenses 2019: $183,997Net Income 2019: -$57,5562019Revenue 2020: $123,201Expenses 2020: $199,422Net Income 2020: -$76,2212020Revenue 2021: $204,896Expenses 2021: $211,166Net Income 2021: -$6,2702021Revenue 2022: $224,082Expenses 2022: $221,931Net Income 2022: $2,1512022Revenue 2023: $237,335Expenses 2023: $230,759Net Income 2023: $6,5762023Revenue 2024: $236,223Expenses 2024: $243,795Net Income 2024: -$7,5722024

Highlighted filing

2020

Revenue$123,201
Expenses$199,422
Net Income-$76,221
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 29, 2021
Return Version
2020v4.1
Gross Receipts
$253,970
Mission and Program Overview

Mission

Educational Scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,529,451$1,453,233▼ $76,218
Land, Buildings, and Equipment, Net$648,290$648,290→ $0
Cash and Non-Interest-Bearing Accounts$652,411$443,916▼ $208,495
Investments Other Securities$228,753$361,027▲ $132,274
Cap Stk Tr Prin Current Funds$3$0▼ $3
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Total Assets$1,529,454$1,453,233▼ $76,221
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,529,454$1,453,233▼ $76,221
Total Liabilities and Net Assets / Fund Balance$1,529,454$1,453,233▼ $76,221

Asset Categories

AssetBook ValueDepreciationBasis
Land$648,290--
Other Securities$281,330--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
-Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$27,177
Other Revenue
$96,024
Change in Net Assets
$-76,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$182,600
Other Expenses$16,822
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$182,600--$182,600
Fees for Services Other-$16,822-$16,822
Total Functional Expenses$182,600$16,822$0$199,422
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
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“Bank & Trust Co. 401 N. Madison P.O. Box 410 Litchfield, IL 62056 Bank & Trust Co. manages day to day investments within the trust.”

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

“The 990 is provided to the trustee for review and signature prior to filing.”

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

“Annual conflict of interest document filled out by all Board members and kept on file. Required by Montgomery County, IL.”

Form 990, Part VI, Section C, line 19

“The trust tax returns are available to the public upon request.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Litchfield School District - 601 South State Street, Litchfield, IL 62056.”

Filing and Contact Details

Filer

Filer Name
Arthur L Fogleman Trust UWill
EIN
37-6223217
Phone
2173243935
Address
601 South State Street, Litchfield, IL 62056

Signing Officer

Name
Dr Greggory Fuerstenau
Title
Superintendent
Phone
2173243935
Signed
2021-11-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Greggory Fuerstenau
Formed
1993
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Kerber Eck & Braeckel LLP
Address
One South Memorial Dr Ste 900, Saint Louis, MO 63102
Preparer
Jennifer Zipprich CPA
Phone
3142316232
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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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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0182600
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Litchfield Community Unit School District #12
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0182600
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/LandGrp/BookValueAmt0648290
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0648290
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt010131
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt169566
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2281330
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Mutual Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Corporate Bonds & Notes
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Preferred Stock
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0648290
IRS990ScheduleD/TotalBookValueSecuritiesAmt0361027
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0182600
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Educational scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt083
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization receives GPA (grade point average) reports from the recipient's school annually which verifies they are attending school and maintaining the grades to be able to renew their scholarship. See Statement #1 for a listing of recipients.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank & Trust Co. 401 N. Madison P.O. Box 410 Litchfield, IL 62056 Bank & Trust Co. manages day to day investments within the trust.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The 990 is provided to the trustee for review and signature prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Annual conflict of interest document filled out by all Board members and kept on file. Required by Montgomery County, IL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The trust tax returns are available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Litchfield School District - 601 South State Street, Litchfield, IL 62056.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VII Contact Addresses for Officers, Directors, Etc
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01529454
IRS990/TotalAssetsEOYAmt01453233
IRS990/TotalAssetsGrp/BOYAmt01529454
IRS990/TotalAssetsGrp/EOYAmt01453233
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016822
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0182600
IRS990/TotalFunctionalExpensesGrp/TotalAmt0199422
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01529454
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01453233
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0182600
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0123201
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0123201
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01529454
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01453233
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0Litchfield Community Unit School
IRS990/USAddress/AddressLine2Txt0District 12 1702 N State St
IRS990/USAddress/CityNm0Litchfield
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd062056
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0Return was originally mailed timely by May 15, 2021. Due to the IRS being backed up, it took 6 months for the IRS to process the paper filed return. The IRS mailed the return back to the taxpayer (taxpayer received this on November 29, 2021) indicating that the return must be filed electronically. We are now promptly filing the return electronically and including a reasonable cause explanation as the notice requested us to.We have always paper filed the return because we have always attached detail to Schedule I, listing all the scholarship recipient information, and the IRS did not allow e-filing with general PDF attachments. We now understand that the Taxpayer First Act requires tax-exempt organizations to electronically file Form 990.We sincerely request abatement of any late filing penalties that may be imposed, as this new rule has now affected our organization for the first time and we are now aware going forward. Incurring a substantial late filing penalty would cause hardship and a reduction of scholarships that we could provide to recipients in need. We filed timely back in May 2021, but now understand the return should have been filed electronically.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Dr Greggory Fuerstenau
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Superintendent
ReturnHeader/BusinessOfficerGrp/PhoneNum02173243935
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Arthur L Fogleman Trust UWill
ReturnHeader/Filer/BusinessNameControlTxt0ARTH
ReturnHeader/Filer/EIN0376223217
ReturnHeader/Filer/PhoneNum02173243935
ReturnHeader/Filer/USAddress/AddressLine1Txt0601 South State Street
ReturnHeader/Filer/USAddress/CityNm0Litchfield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062056
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430352985
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kerber Eck & Braeckel LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0One South Memorial Dr Ste 900
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Saint Louis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd063102
ReturnHeader/PreparerPersonGrp/PhoneNum03142316232
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jennifer Zipprich CPA
ReturnHeader/ReturnTs02021-11-29T14:04:13-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Dr
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Greggory Fuerstenau
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,453,233
Liabilities
$0
Net assets
$1,453,233
Revenue
$123,201
Expenses
$199,422
Net income
-$76,221
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.48$0.00$1.48$0.24$0.24$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.00$1.49$0.24$0.23$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.00$1.48$0.22$0.22$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.00$1.45$0.20$0.21$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.12$0.20$0.08
2019Summary only. Only limited summary data is available for this year.$1.53$0.00$1.53$0.13$0.18$0.06
2018Summary only. Only limited summary data is available for this year.$1.59$0.00$1.59$0.18$0.15$0.03
2017Summary only. Only limited summary data is available for this year.$1.56$0.00$1.56$0.16$0.15$0.01
2016Summary only. Only limited summary data is available for this year.$1.54$0.00$1.54$0.22$0.24$0.03
2015Summary only. Only limited summary data is available for this year.$1.57$0.00$1.57$0.35$0.23$0.12
2014Summary only. Only limited summary data is available for this year.$1.45$0.00$1.45$0.22$0.23$0.01
2013Summary only. Only limited summary data is available for this year.$1.46$0.00$1.46$0.21$0.20$0.01
2012Summary only. Only limited summary data is available for this year.$1.45$0.00$1.45$0.21$0.19$0.02
2011Summary only. Only limited summary data is available for this year.$1.43$0.00$1.43$0.71$0.14$0.58