Civic Intelligence

Badger Union High School Endowment Fund

EIN 39-1777503 • 501(c)3 • Lake Geneva, WI

Profile

Raise funds for scholarships to students

500 Commercial CTLake Geneva, WI 53147

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

69th percentile

12%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

87th percentile

68%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,250,685

Up $129,654 (+12%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,250,685

Up $129,654 (+12%) from 2023

Revenue

Up

$118,336

Up $47,924 (+68%) from 2023

Expenses

Down

$17,842

Down $4,638 (-21%) from 2023

Net Income

Up

$100,494

Up $52,562 (+110%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $190,938Liabilities 2011: $02011Assets 2012: $215,800Liabilities 2012: $02012Assets 2013: $272,468Liabilities 2013: $02013Assets 2014: $307,148Liabilities 2014: $0Net Assets 2014: $307,1482014Assets 2015: $375,499Liabilities 2015: $0Net Assets 2015: $375,4992015Assets 2016: $432,052Liabilities 2016: $0Net Assets 2016: $432,0522016Assets 2017: $475,396Liabilities 2017: $0Net Assets 2017: $475,3962017Assets 2018: $579,866Liabilities 2018: $0Net Assets 2018: $579,8662018Assets 2019: $756,796Liabilities 2019: $0Net Assets 2019: $756,7962019Assets 2020: $816,639Liabilities 2020: $900Net Assets 2020: $815,7392020Assets 2021: $966,209Liabilities 2021: $3,000Net Assets 2021: $963,2092021Assets 2022: $1,007,302Liabilities 2022: $10,500Net Assets 2022: $996,8022022Assets 2023: $1,121,031Liabilities 2023: $0Net Assets 2023: $1,121,0312023Assets 2024: $1,250,685Liabilities 2024: $0Net Assets 2024: $1,250,6852024

Highlighted filing

2024

Assets$1,250,685
Liabilities$0
Net Assets$1,250,685

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2011: $43,840Expenses 2011: $10,005Net Income 2011: $33,8352011Revenue 2012: $22,826Expenses 2012: $12,308Net Income 2012: $10,5182012Revenue 2013: $46,347Expenses 2013: $13,001Net Income 2013: $33,3462013Revenue 2014: $32,316Expenses 2014: $14,925Net Income 2014: $17,3912014Revenue 2015: $98,862Expenses 2015: $15,842Net Income 2015: $83,0202015Revenue 2016: $93,407Expenses 2016: $52,452Net Income 2016: $40,9552016Revenue 2017: $59,707Expenses 2017: $39,011Net Income 2017: $20,6962017Revenue 2018: $175,472Expenses 2018: $37,446Net Income 2018: $138,0262018Revenue 2019: $63,275Expenses 2019: $38,022Net Income 2019: $25,2532019Revenue 2020: $138,332Expenses 2020: $82,485Net Income 2020: $55,8472020Revenue 2021: $44,918Expenses 2021: $35,283Net Income 2021: $9,6352021Revenue 2022: $234,289Expenses 2022: $30,888Net Income 2022: $203,4012022Revenue 2023: $70,412Expenses 2023: $22,480Net Income 2023: $47,9322023Revenue 2024: $118,336Expenses 2024: $17,842Net Income 2024: $100,4942024

Highlighted filing

2024

Revenue$118,336
Expenses$17,842
Net Income$100,494

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.00$1.25$0.12$0.02$0.10
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.00$1.12$0.07$0.02$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.01$1.00$0.23$0.03$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.96$0.04$0.04$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.00$0.82$0.14$0.08$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.00$0.76$0.06$0.04$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.00$0.58$0.18$0.04$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.00$0.48$0.06$0.04$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.00$0.43$0.09$0.05$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$0.10$0.02$0.08
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.31$0.03$0.01$0.02
2013Summary only. Only limited summary data is available for this year.$0.27$0.00$0.05$0.01$0.03
2012Summary only. Only limited summary data is available for this year.$0.22$0.00$0.02$0.01$0.01
2011Summary only. Only limited summary data is available for this year.$0.19$0.00$0.04$0.01$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$118,336
Mission and Program Overview

Mission

Raise funds for scholarships to students

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$815,636$892,396▲ $76,760
Cash and Non-Interest-Bearing Accounts$305,395$358,289▲ $52,894
Total Assets$1,121,031$1,250,685▲ $129,654
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,073,625$999,416▼ $74,209
Net Assets Without Donor Restrictions$47,406$251,269▲ $203,863
Total Net Assets Fund Balance$1,121,031$1,250,685▲ $129,654
Total Liabilities and Net Assets / Fund Balance$1,121,031$1,250,685▲ $129,654

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$866,583$62,665▲ $88,419-$1,035,918
2023$793,690$29,228▲ $64,625-$866,583
2022$655,710$205,700▼ $48,699-$793,690
2021$623,144$12,100▲ $38,946-$655,710
2020$581,750$27,900▲ $36,758-$623,144
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard TorhorstPresident
Jeff BuntrockVice President
George ChironisDirector
Jenny StrausDirector
Peter WilsonDirector
Robin KokodynskiDirector
Jake PopandaSecretary
Jon S ChamberlainTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$62,665
Program Service Revenue
$0
Investment Income
$55,671
Other Revenue
$0
All Other Contributions
$62,665
Change in Net Assets
$100,494
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,000
Other Expenses$2,842
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$15,000--$15,000
Other Expenses-$2,842-$2,842
Total Functional Expenses$15,000$2,842$0$17,842
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

Minutes are kept of every board meeting

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

The form 990 is approved at the annual meeting prior to filing the return

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

All board members acknowledge any conflicts at the annual meeting or as they arise.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Badger Union High School Endowment Fund
EIN
39-1777503
Phone
2622483333
Address
500 COMMERCIAL CT, LAKE GENEVA, WI 53147

Signing Officer

Name
Richard Torhorst
Title
President
Phone
2622483333
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Torhorst
Formed
1995
Legal Domicile
Wi
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Chamberlain Otte Cpas Llp
Address
421 BROAD ST SUITE 100, LAKE GENEVA, WI 53147
Preparer
Jon S Chamberlain CPA
Phone
2622491100
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 13A

WI

FORM 990, PART XI, LINE 9:

Change in flow through net assets 6,576.

Financial Statement Notes

PART V, LINE 4:

Earnings will be used to fund scholarships

Raw XML Appendix396 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.

Path#Value
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0136914
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0580812
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/CYEndwmtFundGrp/AdministrativeExpensesAmt0-3251
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0866583
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt062665
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01035918
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0-15000
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt088419
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0-3860
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0793690
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt029228
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0866583
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-17100
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt064625
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0-4526
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0655710
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0205700
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0793690
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-14495
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-48699
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0-3810
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0623144
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt012100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0655710
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-15300
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt038946
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0-3639
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0581750
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt027900
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0623144
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0-19625
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt036758
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EARNINGS WILL BE USED TO FUND SCHOLARSHIPS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt015000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A SPREADSHEET IS MAINTAINED SHOWING THE AMOUNT GIVEN TO EACH SCHOLARSHIP RECIPIENT AND WHETHER OR NOT THEY MET THE CRITERIA FOR THE SCHOLARSHIP.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0WI
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MINUTES ARE KEPT OF EVERY BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS APPROVED AT THE ANNUAL MEETING PRIOR TO FILING THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS ACKNOWLEDGE ANY CONFLICTS AT THE ANNUAL MEETING OR AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CHANGE IN FLOW THROUGH NET ASSETS 6,576.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 13A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01121031
IRS990/TotalAssetsEOYAmt01250685
IRS990/TotalAssetsGrp/BOYAmt01121031
IRS990/TotalAssetsGrp/EOYAmt01250685
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt062665
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02842
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt015000
IRS990/TotalFunctionalExpensesGrp/TotalAmt017842
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01121031
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01250685
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt015000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt032806
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022865
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0118336
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01121031
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01250685
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0500 COMMERCIAL CT
IRS990/USAddress/CityNm0LAKE GENEVA
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053147
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD TORHORST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02622483333
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BADGER UNION HIGH SCHOOL ENDOWMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0BADG
ReturnHeader/Filer/EIN0391777503
ReturnHeader/Filer/PhoneNum02622483333
ReturnHeader/Filer/USAddress/AddressLine1Txt0500 COMMERCIAL CT
ReturnHeader/Filer/USAddress/CityNm0LAKE GENEVA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053147
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391971296
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHAMBERLAIN OTTE CPAS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0421 BROAD ST SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKE GENEVA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd053147
ReturnHeader/PreparerPersonGrp/PhoneNum02622491100
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JON S CHAMBERLAIN CPA
ReturnHeader/ReturnTs02025-05-07T11:39:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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