Civic Intelligence

Elkhorn Area High School Scholarship Foundation Inc.

990 • Fiscal year 2017 • EIN 39-1565271

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 05, 2017

3 North Jackson StreetElkhorn, WI 53121

(262) 723-3160

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

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

Liabilities / Revenue

14th percentile

0.00x

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

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

Net Margin

85th percentile

33%

Higher net margin than 85% 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

52nd percentile

3.7%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

77th percentile

26%

Faster revenue growth than 77% of similar nonprofits.

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

Assets

Up

$2,252,896

Up $81,027 (+3.7%) from 2016

Net Assets

Up

$2,252,896

Up $81,027 (+3.7%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$247,464

Up $51,302 (+26%) from 2016

Expenses

Up

$166,437

Up $5,533 (+3.4%) from 2016

Net Income

Up

$81,027

Up $45,769 (+130%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,933,375Liabilities 2011: $0Net Assets 2011: $1,933,3752011Assets 2012: $1,903,769Liabilities 2012: $0Net Assets 2012: $1,903,7692012Assets 2013: $1,904,387Liabilities 2013: $0Net Assets 2013: $1,904,3872013Assets 2014: $1,934,817Liabilities 2014: $0Net Assets 2014: $1,934,8172014Assets 2015: $2,136,611Liabilities 2015: $0Net Assets 2015: $2,136,6112015Assets 2016: $2,171,869Liabilities 2016: $0Net Assets 2016: $2,171,8692016Assets 2017: $2,252,896Liabilities 2017: $0Net Assets 2017: $2,252,8962017Assets 2018: $2,567,911Liabilities 2018: $0Net Assets 2018: $2,567,9112018Assets 2019: $2,648,745Liabilities 2019: $0Net Assets 2019: $2,648,7452019Assets 2020: $2,872,470Liabilities 2020: $0Net Assets 2020: $2,872,4702020Assets 2021: $2,906,106Liabilities 2021: $0Net Assets 2021: $2,906,1062021Assets 2022: $2,937,868Liabilities 2022: $0Net Assets 2022: $2,937,8682022Assets 2023: $3,079,745Liabilities 2023: $0Net Assets 2023: $3,079,7452023Assets 2024: $3,271,532Liabilities 2024: $0Net Assets 2024: $3,271,5322024Assets 2025: $3,445,090Liabilities 2025: $0Net Assets 2025: $3,445,0902025

Highlighted filing

2017

Assets$2,252,896
Liabilities$0
Net Assets$2,252,896

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $451,486Expenses 2011: $146,492Net Income 2011: $304,9942011Revenue 2012: $131,734Expenses 2012: $161,340Net Income 2012: -$29,6062012Revenue 2013: $148,977Expenses 2013: $148,359Net Income 2013: $6182013Revenue 2014: $184,716Expenses 2014: $154,286Net Income 2014: $30,4302014Revenue 2015: $339,551Expenses 2015: $159,300Net Income 2015: $180,2512015Revenue 2016: $196,162Expenses 2016: $160,904Net Income 2016: $35,2582016Revenue 2017: $247,464Expenses 2017: $166,437Net Income 2017: $81,0272017Revenue 2018: $490,094Expenses 2018: $175,079Net Income 2018: $315,0152018Revenue 2019: $269,655Expenses 2019: $188,821Net Income 2019: $80,8342019Revenue 2020: $437,323Expenses 2020: $213,598Net Income 2020: $223,7252020Revenue 2021: $267,784Expenses 2021: $234,148Net Income 2021: $33,6362021Revenue 2022: $264,223Expenses 2022: $232,461Net Income 2022: $31,7622022Revenue 2023: $390,978Expenses 2023: $249,101Net Income 2023: $141,8772023Revenue 2024: $422,427Expenses 2024: $230,640Net Income 2024: $191,7872024Revenue 2025: $472,504Expenses 2025: $298,946Net Income 2025: $173,5582025

Highlighted filing

2017

Revenue$247,464
Expenses$166,437
Net Income$81,027
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 5, 2017
Return Version
2016v3.0
Gross Receipts
$483,716
Mission and Program Overview

Mission

To promote education through the granting of scholarships and financial assistance to students or former students of elkhorn area high school. Recipients are awarded scholarships on the basis of academic performance.

To promote education through the granting of scholarships and financial assistance to students or former students of elkhorn area high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$2,171,869$2,252,896▲ $81,027
Investments in Publicly Traded Securities$1,875,413$1,839,908▼ $35,505
Savings and Temporary Cash Investments$187,235$303,513▲ $116,278
Investments Other Securities$109,221$109,475▲ $254
Cash and Non-Interest-Bearing Accounts-$0-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,171,869$2,252,896▲ $81,027
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,171,869$2,252,896▲ $81,027
Total Liabilities and Net Assets / Fund Balance$2,171,869$2,252,896▲ $81,027
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ed ScaroPresident
Ted JohnsonVice President
Barb FischerDirector
Chris TrottierDirector
Cindy SmithDirector
Don WolfDirector
Howie ReynoldsDirector
Kathy GriebelDirector
Kelly BrazerDirector
Tim LockwoodDirector
Jason TadlockSecretary
Bill TrewynTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$48,440
Program Service Revenue
$0
Investment Income
$165,480
Other Revenue
$33,544
All Other Contributions
$48,440
Change in Net Assets
$81,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$160,000
Other Expenses$6,437
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$160,000--$160,000
Fees for Services Accounting-$4,050-$4,050
Fees for Service Investment Mgmnt Fees-$2,387-$2,387
Total Functional Expenses$160,000$6,437$0$166,437
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$42,753
Fundraising Direct Expenses$9,209
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Purple & Gold Fundraiser$42,753$42,753$1,993$40,760
Total Events$42,753$42,753$9,209$33,544
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
Yes
Audit committee
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, Part VI, Section B, Line 11B

The treasurer reviews and signs the 990 informational return and the return is presented to the governing board at the next meeting.

Form 990, Part VI, Section C, Line 19

Organization makes documentation available upon request

Filing and Contact Details

Filer

Filer Name
Elkhorn Area High School Scholarship
EIN
39-1565271
Phone
2627233160
Address
3 NORTH JACKSON STREET, ELKHORN, WI 53121

Signing Officer

Name
William Trewyn
Title
Business Manager
Phone
2627233160
Signed
2017-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Trewyn
Formed
1986
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
20

Preparer

Firm
Reilly Penner & Benton Llp
Address
1233 NORTH MAYFAIR RD SUITE 302, MILWAUKEE, WI 53226-3255
Preparer
Carrie Gindt
Phone
4142717800
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under section 501(c)3 of the internal revenue code. The organization has implemented accounting for uncertainty in income taxes in accordance with accounting principles generally accepted in the united states of america. This standard prescribes a recognition threshold and measurement attribute for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return and also provides guidance on various related matters such as derecognizing, interest, penalties and disclosures required. The organization recognizes interest and penalties, if any, related to unrecognized tax liabilities in income tax expense.

Raw XML Appendix388 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/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt057213
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0158114
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt062434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt050550
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0376751
IRS990ScheduleA/TotalSupportAmt0931736
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. THIS STANDARD PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09209
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PURPLE & GOLD FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07216
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07216
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt042753
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt042753
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt042753
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt042753
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt033544
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01993
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01993
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0160000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0100
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TREASURER REVIEWS AND SIGNS THE 990 INFORMATIONAL RETURN AND THE RETURN IS PRESENTED TO THE GOVERNING BOARD AT THE NEXT MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION MAKES DOCUMENTATION AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02171869
IRS990/TotalAssetsEOYAmt02252896
IRS990/TotalAssetsGrp/BOYAmt02171869
IRS990/TotalAssetsGrp/EOYAmt02252896
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt048440
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06437
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0160000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0166437
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02171869
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02252896
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0160000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt033544
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0165480
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0247464
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02171869
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02252896
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03 NORTH JACKSON STREET
IRS990/USAddress/CityNm0ELKHORN
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053121
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM TREWYN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BUSINESS MANAGER
ReturnHeader/BusinessOfficerGrp/PhoneNum02627233160
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ELKHORN AREA HIGH SCHOOL SCHOLARSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ELKH
ReturnHeader/Filer/EIN0391565271
ReturnHeader/Filer/PhoneNum02627233160
ReturnHeader/Filer/USAddress/AddressLine1Txt03 NORTH JACKSON STREET
ReturnHeader/Filer/USAddress/CityNm0ELKHORN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053121
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0AD11E31D853A627D9C86820B41D2887FB45DC6CB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01C5FF689F3689F7A1FA05C1EC07D9E4E33199639
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0107.133.53.121
ReturnHeader/FilingSecurityInformation/IPDt02017-10-05
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:20:11
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0390747409
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REILLY PENNER & BENTON LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01233 NORTH MAYFAIR RD SUITE 302
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MILWAUKEE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0532263255
ReturnHeader/PreparerPersonGrp/PhoneNum04142717800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARRIE GINDT
ReturnHeader/ReturnTs02017-10-16T11:10:34-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.45$0.00$3.45$0.47$0.30$0.17
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.00$3.27$0.42$0.23$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.00$3.08$0.39$0.25$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.94$0.00$2.94$0.26$0.23$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$0.00$2.91$0.27$0.23$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.87$0.00$2.87$0.44$0.21$0.22
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$0.00$2.65$0.27$0.19$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.57$0.00$2.57$0.49$0.18$0.32
2017Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.25$0.17$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.00$2.17$0.20$0.16$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.14$0.00$2.14$0.34$0.16$0.18
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.00$1.93$0.18$0.15$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.00$1.90$0.15$0.15$0.00
2012Summary only. Only limited summary data is available for this year.$1.90$0.00$1.90$0.13$0.16$0.03
2011Summary only. Only limited summary data is available for this year.$1.93$0.00$1.93$0.45$0.15$0.30