Civic Intelligence

Residuary Trust Under Will of H Ogden Brainard Dtd 072590

990 • Fiscal year 2017 • EIN 37-6308340

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Eiu Foundation 860 W Lincoln AveCharleston, IL 61920

(217) 581-3313

Siviq Scores

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

Liabilities / Assets

34th percentile

0.03x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.40x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

56th percentile

5.2%

Faster asset growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

97th percentile

255%

Faster revenue growth than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$3,899,081

Up $192,397 (+5.2%) from 2016

Net Assets

Up

$3,794,502

Up $150,164 (+4.1%) from 2016

Liabilities

Up

$104,579

Up $42,233 (+68%) from 2016

Revenue

Up

$261,859

Up $188,131 (+255%) from 2016

Expenses

Down

$111,695

Down $6,704 (-5.7%) from 2016

Net Income

Up

$150,164

Up $194,835 (+436%) from 2016

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,408,007Liabilities 2011: $108,249Net Assets 2011: $3,299,7582011Assets 2012: $3,470,607Liabilities 2012: $111,190Net Assets 2012: $3,359,4172012Assets 2013: $3,536,198Liabilities 2013: $70,101Net Assets 2013: $3,466,0972013Assets 2014: $3,761,146Liabilities 2014: $126,745Net Assets 2014: $3,634,4012014Assets 2015: $3,772,152Liabilities 2015: $83,143Net Assets 2015: $3,689,0092015Assets 2016: $3,706,684Liabilities 2016: $62,346Net Assets 2016: $3,644,3382016Assets 2017: $3,899,081Liabilities 2017: $104,579Net Assets 2017: $3,794,5022017Assets 2018: $3,976,911Liabilities 2018: $109,906Net Assets 2018: $3,867,0052018Assets 2019: $4,064,202Liabilities 2019: $131,817Net Assets 2019: $3,932,3852019Assets 2020: $4,076,620Liabilities 2020: $76,485Net Assets 2020: $4,000,1352020Assets 2021: $4,199,128Liabilities 2021: $50,975Net Assets 2021: $4,148,1532021Assets 2022: $4,313,479Liabilities 2022: $154,032Net Assets 2022: $4,159,4472022Assets 2023: $4,273,562Liabilities 2023: $93,299Net Assets 2023: $4,180,2632023Assets 2024: $4,419,523Liabilities 2024: $115,813Net Assets 2024: $4,303,7102024

Highlighted filing

2017

Assets$3,899,081
Liabilities$104,579
Net Assets$3,794,502

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $209,788Expenses 2011: $150,832Net Income 2011: $58,9562011Revenue 2012: $213,868Expenses 2012: $154,209Net Income 2012: $59,6592012Revenue 2013: $239,070Expenses 2013: $132,390Net Income 2013: $106,6802013Revenue 2014: $306,419Expenses 2014: $138,115Net Income 2014: $168,3042014Revenue 2015: $171,930Expenses 2015: $117,322Net Income 2015: $54,6082015Revenue 2016: $73,728Expenses 2016: $118,399Net Income 2016: -$44,6712016Revenue 2017: $261,859Expenses 2017: $111,695Net Income 2017: $150,1642017Revenue 2018: $192,290Expenses 2018: $119,787Net Income 2018: $72,5032018Revenue 2019: $253,195Expenses 2019: $187,815Net Income 2019: $65,3802019Revenue 2020: $204,482Expenses 2020: $136,732Net Income 2020: $67,7502020Revenue 2021: $264,052Expenses 2021: $116,034Net Income 2021: $148,0182021Revenue 2022: $174,455Expenses 2022: $163,161Net Income 2022: $11,2942022Revenue 2023: $177,698Expenses 2023: $156,882Net Income 2023: $20,8162023Revenue 2024: $305,302Expenses 2024: $181,855Net Income 2024: $123,4472024

Highlighted filing

2017

Revenue$261,859
Expenses$111,695
Net Income$150,164
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$701,123
Mission and Program Overview

Mission

Administration of perpetual testamentary trust for the benefit of the following beneficiaries: Univ of IL Foundation, IL Bar Foundation, Eastern IL Univ Foundation, Wesley United Methodist Church, City of Charleston, Comm Unit School Dist #1, and Coles Co United Way.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$3,644,338$3,794,502▲ $150,164
Investments in Publicly Traded Securities$3,451,291$3,638,498▲ $187,207
Land, Buildings, and Equipment, Net$225,020$225,020→ $0
Savings and Temporary Cash Investments$29,547$35,540▲ $5,993
Accounts Receivable$826$23▼ $803
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,706,684$3,899,081▲ $192,397
Other Assets Total-$0-
Liabilities
Grants Payable$62,346$57,879▼ $4,467
Other Liabilities-$46,700-
Total Liabilities$62,346$104,579▲ $42,233
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,644,338$3,794,502▲ $150,164
Total Liabilities and Net Assets / Fund Balance$3,706,684$3,899,081▲ $192,397

Asset Categories

AssetBook ValueDepreciationBasis
Land$225,020--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,644,338-▲ $261,859-$3,794,502
2016$3,689,009-▲ $73,728-$3,644,338
2015$3,634,401-▲ $171,930-$3,689,009
2014$3,466,097-▲ $306,419-$3,634,401
2013$3,359,417-▲ $239,070-$3,466,097
Compensation and Service Providers

Board Members and Trustees

NameTitle
Timothy McCollumPresident
Sylvia NicholsVice President
Al LongtinDirector
Dennis GrannanDirector
Gordon GradoDirector
Jill NilsenDirector
Rick IngramDirector
Susan YoungDirector
William HillDirector
Jeremy YostSecretary
Cindra StiffTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$232,269
Other Revenue
$29,590
Change in Net Assets
$150,164
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$57,879
Other Expenses$53,816
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$57,879--$57,879
Fees for Services Management-$48,180-$48,180
Other Expenses-$910-$910
Total Functional Expenses$57,879$53,816$0$111,695
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Community Unit School Dist No 1Charleston, IL-for educational purposes$9,647
Eastern Illinois University FoundationCharleston, IL-for educational purposes$9,647
University of Illinois FoundationUrbana, IL-educ purposes for the College of Law$9,647
Illinois Bar FoundationChicago, IL-advance legal justice$9,646
Wesley United Methodist ChurchCharleston, IL-for the general purposes of the church$9,646
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Eiu Foundation$46,700
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 prepared by outside CPA firm and reviewed by the assistant treasurer, EIU's accounting department and the executive director. Form 990 reviewed by the Foundation's financial committee, but after it has been filed.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Annual statements are filed and monitored by the executive director.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
H Ogden Brainard Residuary Trust
EIN
37-6308340
Phone
2175813313
Address
EIU FOUNDATION 860 W LINCOLN AVE, CHARLESTON, IL 61920

Signing Officer

Name
Timothy McCollum
Title
President
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Gilbert Metzger & Madigan LLP
Address
6029 Park Drive Ste A, Charleston, IL 61920
Preparer
Joyce A Madigan
Phone
2173452128
Supplemental Narrative

Additional Explanations

Form 990, Part IV, Line 12B

Financial information for the H. Ogden Brainard Residuary Trust is included in the audited financial statements prepared on a GAAP basis for Eastern Illinois University Foundation for its fiscal year ending June 30. The Trust's Form 990 is filed on a calendar year.

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

Provide funding for the benefit of the following beneficiaries: Univ of IL Foundation, IL Bar Foundation, Eastern IL Univ Foundation, Wesley United Methodist Church, City of Charleston, Comm Unit School Dist #1, and Coles Co United Way.

Raw XML AppendixShowing 400 of 565 raw XML fields

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/Form990ScheduleAPartVIGrp/ExplanationTxt0All of the directors of EIU Foundation are the directors for the Brainard Residuary Trust. EIU Foundation is a 1/6 beneficiary of the Trust. EIU Foundation reports to the other six beneficiaries of the Trust in order to make sure that there all supported organizations are fully informed.
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IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt50
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt60
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt09647
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt19647
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt29647
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt39646
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt54823
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt64823
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0EASTERN IL UNIV FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1COMMUNITY UNIT SCH DIST 1
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2UNIV OF ILLINOIS FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3WESLEY UNITED METHODIST CHURCH
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4ILLINOIS BAR FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5CITY OF CHARLESTON
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6UNITED WAY OF COLES COUNTY
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt062346
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt073728
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt057851
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt03689009
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt059471
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0171930
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt057115
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03466097
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03634401
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt062289
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03359417
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03466097
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt070101
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0239070
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
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IRS990ScheduleD/LandGrp/BookValueAmt0225020
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0225020
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt046700

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.12$4.30$0.31$0.18$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.27$0.09$4.18$0.18$0.16$0.02
2022Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.31$0.15$4.16$0.17$0.16$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.20$0.05$4.15$0.26$0.12$0.15
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$0.08$4.00$0.20$0.14$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.06$0.13$3.93$0.25$0.19$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.98$0.11$3.87$0.19$0.12$0.07
2017Detailed filing. Detailed filing data is available for this year.$3.90$0.10$3.79$0.26$0.11$0.15
2016Summary only. Only limited summary data is available for this year.$3.71$0.06$3.64$0.07$0.12$0.04
2015Summary only. Only limited summary data is available for this year.$3.77$0.08$3.69$0.17$0.12$0.05
2014Summary only. Only limited summary data is available for this year.$3.76$0.13$3.63$0.31$0.14$0.17
2013Summary only. Only limited summary data is available for this year.$3.54$0.07$3.47$0.24$0.13$0.11
2012Summary only. Only limited summary data is available for this year.$3.47$0.11$3.36$0.21$0.15$0.06
2011Summary only. Only limited summary data is available for this year.$3.41$0.11$3.30$0.21$0.15$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits