Civic Intelligence

Battle Creek Area Catholic Schools Foundation Inc.

990 • Fiscal year 2019 • EIN 38-2477841

Jul 01, 2018 to Jun 30, 2019 • Filed on Jan 09, 2020

63 N 24th StBattle Creek, MI 49015

(269) 963-4771

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

30th percentile

0.03x

Higher debt load relative to revenue than 30% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

25th percentile

-8.0%

Faster revenue growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,676,550

Up $391,564 (+12%) from 2018

Net Assets

Up

$3,653,487

Up $397,744 (+12%) from 2018

Liabilities

Down

$23,063

Down $6,180 (-21%) from 2018

Revenue

Down

$911,757

Down $79,214 (-8.0%) from 2018

Expenses

Up

$738,504

Up $37,782 (+5.4%) from 2018

Net Income

Down

$173,253

Down $116,996 (-40%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,971,705Liabilities 2010: $28,683Net Assets 2010: $5,943,0222010Assets 2011: $2,167,861Liabilities 2011: $13,335Net Assets 2011: $2,154,5262011Assets 2012: $1,979,292Liabilities 2012: $11,058Net Assets 2012: $1,968,2342012Assets 2013: $2,299,840Liabilities 2013: $24,200Net Assets 2013: $2,275,6402013Assets 2014: $2,451,986Liabilities 2014: $43,672Net Assets 2014: $2,408,3142014Assets 2015: $2,340,706Liabilities 2015: $21,073Net Assets 2015: $2,319,6332015Assets 2016: $2,647,247Liabilities 2016: $10,849Net Assets 2016: $2,636,3982016Assets 2017: $2,869,205Liabilities 2017: $36,215Net Assets 2017: $2,832,9902017Assets 2018: $3,284,986Liabilities 2018: $29,243Net Assets 2018: $3,255,7432018Assets 2019: $3,676,550Liabilities 2019: $23,063Net Assets 2019: $3,653,4872019Assets 2020: $3,844,664Liabilities 2020: $15,606Net Assets 2020: $3,829,0582020Assets 2021: $4,828,890Liabilities 2021: $94,154Net Assets 2021: $4,734,7362021Assets 2022: $4,249,716Liabilities 2022: $15,492Net Assets 2022: $4,234,2242022Assets 2023: $9,368,318Liabilities 2023: $26,383Net Assets 2023: $9,341,9352023Assets 2024: $10,875,960Liabilities 2024: $28,887Net Assets 2024: $10,847,0732024

Highlighted filing

2019

Assets$3,676,550
Liabilities$23,063
Net Assets$3,653,487

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $1,013,9492010Revenue 2011: $527,873Expenses 2011: $4,623,965Net Income 2011: -$4,096,0922011Expenses 2012: $816,8312012Revenue 2013: $807,928Expenses 2013: $641,851Net Income 2013: $166,0772013Revenue 2014: $867,392Expenses 2014: $763,842Net Income 2014: $103,5502014Revenue 2015: $751,418Expenses 2015: $616,892Net Income 2015: $134,5262015Revenue 2016: $1,087,116Expenses 2016: $740,219Net Income 2016: $346,8972016Revenue 2017: $575,192Expenses 2017: $589,524Net Income 2017: -$14,3322017Revenue 2018: $990,971Expenses 2018: $700,722Net Income 2018: $290,2492018Revenue 2019: $911,757Expenses 2019: $738,504Net Income 2019: $173,2532019Revenue 2020: $797,859Expenses 2020: $673,063Net Income 2020: $124,7962020Revenue 2021: $754,929Expenses 2021: $843,593Net Income 2021: -$88,6642021Revenue 2022: $725,572Expenses 2022: $657,843Net Income 2022: $67,7292022Revenue 2023: $6,134,880Expenses 2023: $1,426,497Net Income 2023: $4,708,3832023Revenue 2024: $1,615,499Expenses 2024: $688,398Net Income 2024: $927,1012024

Highlighted filing

2019

Revenue$911,757
Expenses$738,504
Net Income$173,253
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jan 9, 2020
Return Version
2018v3.1
Gross Receipts
$1,619,728
Mission and Program Overview

Mission

The mission of the battle creek area catholic schools foundation is to encourage stewardship for catholic education in our community to meet today's needs with financial support as we seek to secure the future of catholic schools in battle creek.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,683,981$3,165,156▲ $481,175
Cash and Non-Interest-Bearing Accounts$571,091$472,544▼ $98,547
Pledges and Grants Receivable$28,553$38,792▲ $10,239
Prepaid Expenses and Deferred Charges$141$53▼ $88
Savings and Temporary Cash Investments$1,220$5▼ $1,215
Total Assets$3,284,986$3,676,550▲ $391,564
Liabilities
Other Liabilities$18,786$14,010▼ $4,776
Accounts Payable and Accrued Expenses$10,457$9,053▼ $1,404
Total Liabilities$29,243$23,063▼ $6,180
Net Assets / Fund Balance
Temporarily Rstr Net Assets$833,375$3,475,045▲ $2,641,670
Permanently Rstr Net Assets$2,100,001--
Unrestricted Net Assets$322,367$178,442▼ $143,925
Total Net Assets Fund Balance$3,255,743$3,653,487▲ $397,744
Total Liabilities and Net Assets / Fund Balance$3,284,986$3,676,550▲ $391,564

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$2,478,137$355,549▲ $274,378-$2,970,588
2018$2,132,676$262,816▲ $185,278-$2,478,137
2017$1,933,660$40,774▲ $228,384-$2,132,676
2016$1,702,094$286,319▲ $11,490-$1,933,660
2015$1,731,860$79,127▲ $23,213-$1,702,094
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$831,817
Program Service Revenue
$0
Investment Income
$45,447
Other Revenue
$34,493
All Other Contributions
$804,742
Change in Net Assets
$173,253

Audited Revenue Reconciliation

Revenue per Audited Statements
$911,757
Revenue Not Reported on Form 990
$245,168
Total Revenue per Audited Statements
$1,156,925
Total Revenue per Form 990
$911,757
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$599,931
Salaries, Compensation, and Employee Benefits$79,443
Total Fundraising Expense$70,599
Other Expenses$59,130
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$592,531--$592,531
Other Salaries and Wages-$13,542$40,631$54,173
Fees for Service Investment Mgmnt Fees-$23,730-$23,730
Other Employee Benefits-$4,045$12,165$16,210
Fees for Services Other-$1,506$7,654$9,160
Fees for Services Accounting-$9,050-$9,050
Information Technology-$8,227-$8,227
Grants to Domestic Individuals$7,400--$7,400
Office Expenses-$3,351$3,054$6,405
Pension Plan Contributions-$1,292$3,853$5,145
Payroll Taxes-$979$2,936$3,915
Advertising-$874$200$1,074
Insurance-$944-$944
Conferences and Meetings-$434$26$460
Fees for Services Management--$80$80
Total Functional Expenses$599,931$67,974$70,599$738,504

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$759,181
Expenses per Audited Statements$738,504
Total Expenses per Form 990$738,504
Expenses Not Reported on Form 990$20,677
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Battle Creek Area Catholic SchoolsBattle Creek, MI3Tuition Assistance$271,723
Battle Creek Area Catholic SchoolsBattle Creek, MI3School Subsidy$150,000
Battle Creek Area Catholic SchoolsBattle Creek, MI3Other Initiatives$124,520
Battle Creek Area Catholic SchoolsBattle Creek, MI3Facility Needs$46,288
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$55,169
Gaming Direct Expenses$20,676
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Charitable Gift Annuities$12,777
Scholarship Liabilities$1,233
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 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
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

John bauman edward bauman treasurer trustee siblings

Form 990, Page 6, Part VI, Line 11B

Copy of form 990 made available to all trustees for review and comment before filing.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Battle Creek Area Catholic Schools
EIN
38-2477841
Phone
2699634771
Address
63 N 24TH ST, BATTLE CREEK, MI 49015

Signing Officer

Name
John Bauman
Title
Treasurer
Phone
2699681193
Signed
2020-01-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Bauman
Formed
1983
Legal Domicile
Mi
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
40

Preparer

Firm
Seber Tans Plc
Address
555 W CROSSTOWN PARKWAY STE 304, KALAMAZOO, MI 49008
Preparer
Thomas J Horwath
Phone
2693438180
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the battle creek area catholic schools foundation is to encourage stewardship for catholic education in our community to meet today's needs with financial support as we seek to secure the future of catholic schools in battle creek.

Form 990, Page 2, Part III, Line 4D

Educational improvements.

Form 990, Part V

Line 2a: employees are contracted from st. Joseph parish and forms w-2 are issued by st. Joseph parish. Associated expenses are reported on line 7, 9, and 10 of the statement of functional expenses.

Form 990, Part XI, Line 9

Fundraising expenses 20,677 fundraising expenses -20,677

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation is a nonprofit entity exempt from federal income taxes under section 501(c)(3) of the internal revenue code and, accordingly, no provision for income taxes has been recorded. Management of the foundation considers the likelihood of changes by taxing authorities in its exempt entity returns and discloses potential signifcant changes that management believes are more than likely to occur upon examination by tax authorities. Management has not identified any uncertian tax positions in filed returns.

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

Fundraising expenses 20,677

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

Fundraising expenses 20,677

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
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IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17PAST DEVELOP
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IRS990/FormationYr01983
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IRS990/MissionDesc0THE MISSION OF THE BATTLE CREEK AREA CATHOLIC SCHOOLS FOUNDATION IS TO ENCOURAGE STEWARDSHIP FOR CATHOLIC EDUCATION IN OUR COMMUNITY TO MEET TODAY'S NEEDS WITH FINANCIAL SUPPORT AS WE SEEK TO SECURE THE FUTURE OF CATHOLIC SCHOOLS IN BATTLE CREEK.
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IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt034493
IRS990/NetUnrlzdGainsLossesInvstAmt0224491
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt03054
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03351
IRS990/OfficeExpensesGrp/TotalAmt06405
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IRS990/OperateHospitalInd0false
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IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0979
IRS990/PayrollTaxesGrp/TotalAmt03915
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01292
IRS990/PensionPlanContributionsGrp/TotalAmt05145
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02100001
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt028553
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt053
IRS990/PrincipalOfficerNm0JOHN BAUMAN
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0EDUCATIONAL IMPROVEMENTS.
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IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0131920
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IRS990/PYContributionsGrantsAmt0887660
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IRS990/ReconcilationRevenueExpnssAmt0173253
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportOtherAssetsInd0false
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt01220
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0887660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0497639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0680206
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0470098
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt070433
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt054098
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt050815
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt039283
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt032429
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.75580
IRS990ScheduleA/PublicSupportTotal170Amt02638357
IRS990ScheduleA/SubstantialContributorsTotAmt0729063
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0831817
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0887660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0497639
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0680206
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0470098
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03367420
IRS990ScheduleA/TotalSupportAmt03799270
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt034493
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt032553
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02478137
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0355549
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02970588
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0137476
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0274378
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02132676
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0262816
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02478137
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0102633
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0185278
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01933660
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt040774
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02132676
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt070142
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0228384
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01702094
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0286319
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01933660
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt066243
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011490
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01731860
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt079127
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01702094

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.9$0.03$10.8$1.62$0.69$0.93
2023Detailed filing. Detailed filing data is available for this year.$9.37$0.03$9.34$6.13$1.43$4.71
2022Detailed filing. Detailed filing data is available for this year.$4.25$0.02$4.23$0.73$0.66$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$0.09$4.73$0.75$0.84$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.84$0.02$3.83$0.80$0.67$0.12
2019Detailed filing. Detailed filing data is available for this year.$3.68$0.02$3.65$0.91$0.74$0.17
2018Detailed filing. Detailed filing data is available for this year.$3.28$0.03$3.26$0.99$0.70$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.87$0.04$2.83$0.58$0.59$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.65$0.01$2.64$1.09$0.74$0.35
2015Detailed filing. Detailed filing data is available for this year.$2.34$0.02$2.32$0.75$0.62$0.13
2014Detailed filing. Detailed filing data is available for this year.$2.45$0.04$2.41$0.87$0.76$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$0.02$2.28$0.81$0.64$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.98$0.01$1.97$0.82
2011Summary only. Only limited summary data is available for this year.$2.17$0.01$2.15$0.53$4.62$4.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.97$0.03$5.94$1.01