Civic Intelligence

Tomorrow River Scholarship Foundation Inc.

990 • Fiscal year 2017 • EIN 39-1802123

Jan 01, 2017 to Dec 31, 2017 • Filed on May 08, 2018

PO Box 131Amherst, WI 54406

(715) 572-9717

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

94th percentile

62%

Higher net margin than 94% 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

73rd percentile

13%

Faster asset growth than 73% of similar nonprofits.

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

Revenue Growth

6th percentile

-42%

Faster revenue growth than 6% of similar nonprofits.

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

Assets

Up

$1,144,273

Up $132,227 (+13%) from 2016

Net Assets

Up

$1,144,273

Up $132,227 (+13%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Down

$95,703

Down $70,245 (-42%) from 2016

Expenses

Down

$36,378

Down $16,229 (-31%) from 2016

Net Income

Down

$59,325

Down $54,016 (-48%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $509,404Liabilities 2011: $0Net Assets 2011: $509,4042011Assets 2012: $571,588Liabilities 2012: $0Net Assets 2012: $571,5882012Assets 2013: $677,791Liabilities 2013: $0Net Assets 2013: $677,7912013Assets 2014: $835,021Liabilities 2014: $0Net Assets 2014: $835,0212014Assets 2015: $869,140Liabilities 2015: $0Net Assets 2015: $869,1402015Assets 2016: $1,012,046Liabilities 2016: $0Net Assets 2016: $1,012,0462016Assets 2017: $1,144,273Liabilities 2017: $0Net Assets 2017: $1,144,2732017Assets 2018: $1,201,728Liabilities 2018: $0Net Assets 2018: $1,201,7282018Assets 2019: $1,417,376Liabilities 2019: $0Net Assets 2019: $1,417,3762019Assets 2020: $1,840,275Liabilities 2020: $0Net Assets 2020: $1,840,2752020Assets 2021: $2,107,394Liabilities 2021: $0Net Assets 2021: $2,107,3942021Assets 2022: $1,974,037Liabilities 2022: $0Net Assets 2022: $1,974,0372022Assets 2023: $2,298,196Liabilities 2023: $0Net Assets 2023: $2,298,1962023Assets 2024: $2,599,478Liabilities 2024: $0Net Assets 2024: $2,599,4782024

Highlighted filing

2017

Assets$1,144,273
Liabilities$0
Net Assets$1,144,273

Operations Trend

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

$400K$300K$200K$100K$0Expenses 2011: $29,3922011Expenses 2012: $35,6572012Revenue 2013: $109,026Expenses 2013: $32,461Net Income 2013: $76,5652013Revenue 2014: $171,004Expenses 2014: $43,156Net Income 2014: $127,8482014Revenue 2015: $89,712Expenses 2015: $57,152Net Income 2015: $32,5602015Revenue 2016: $165,948Expenses 2016: $52,607Net Income 2016: $113,3412016Revenue 2017: $95,703Expenses 2017: $36,378Net Income 2017: $59,3252017Revenue 2018: $170,368Expenses 2018: $59,371Net Income 2018: $110,9972018Revenue 2019: $172,376Expenses 2019: $61,701Net Income 2019: $110,6752019Revenue 2020: $315,574Expenses 2020: $75,549Net Income 2020: $240,0252020Revenue 2021: $262,503Expenses 2021: $84,981Net Income 2021: $177,5222021Revenue 2022: $392,318Expenses 2022: $123,132Net Income 2022: $269,1862022Revenue 2023: $220,346Expenses 2023: $143,332Net Income 2023: $77,0142023Revenue 2024: $207,653Expenses 2024: $150,632Net Income 2024: $57,0212024

Highlighted filing

2017

Revenue$95,703
Expenses$36,378
Net Income$59,325
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 8, 2018
Return Version
2017v2.3
Gross Receipts
$95,703
Mission and Program Overview

Mission

Provide scholarships for advanced education for local students

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$781,963$982,729▲ $200,766
Savings and Temporary Cash Investments$131,812$58,231▼ $73,581
Cash and Non-Interest-Bearing Accounts$43,922$56,596▲ $12,674
Total Assets$1,012,046$1,144,273▲ $132,227
Other Assets Total$54,349$46,717▼ $7,632
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,012,046$1,144,273▲ $132,227
Total Net Assets Fund Balance$1,012,046$1,144,273▲ $132,227
Total Liabilities and Net Assets / Fund Balance$1,012,046$1,144,273▲ $132,227
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jacob BarnesPresident
Barb KonkolDirector
Barb ToftumDirector
Jill VillnowDirector
Laverne SlaisDirector
Marc WoldingDirector
Mike PeplinskiDirector
Molly JensenDirector
Paige SelboDirector
Terry EichmannDirector
George KraftSecretary
Sandra KeenerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$61,646
Program Service Revenue
$0
Investment Income
$34,057
Other Revenue
$0
All Other Contributions
$61,646
Change in Net Assets
$59,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,500
Other Expenses$3,878
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$32,500--$32,500
Fees for Services Legal-$1,955-$1,955
Office Expenses$1,923--$1,923
Total Functional Expenses$34,423$1,955$0$36,378
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
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Tomorrow River Scholarship Foundati
EIN
39-1802123
Address
PO BOX 131, AMHERST, WI 54406

Signing Officer

Name
Jacob Barnes
Title
President
Signed
2018-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jacob Barnes
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Klismith Accounting & Tax Group Sc
Address
2040 JAY-MAR ROAD SUITE 1, PLOVER, WI 54467-3257
Preparer
Randy Swanton CPA
Phone
7153411115
Supplemental Narrative

Additional Explanations

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

Provided scholarships in 2016 for 32,500 for local students

Raw XML Appendix348 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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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01012046
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01144273
IRS990/TotalOtherProgSrvcExpenseAmt034423
IRS990/TotalOtherProgSrvcGrantAmt032500
IRS990/TotalProgramServiceExpensesAmt034423
IRS990/TotalRevenueGrp/ExclusionAmt034057
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt095703
IRS990/TotalVolunteersCnt012
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01012046
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01144273
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01012046
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01144273
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt010225 TWO RIVERS DRIVE
IRS990/USAddress/CityNm0AMHERST
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd054406
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACOB BARNES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOMORROW RIVER SCHOLARSHIP FOUNDATI
ReturnHeader/Filer/BusinessNameControlTxt0TOMO
ReturnHeader/Filer/EIN0391802123
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 131
ReturnHeader/Filer/USAddress/CityNm0AMHERST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd054406
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0A5B511B5C1AA404ED5C7B59319FC5F3BD64459EF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A5B511B5C1AA404ED5C7B59319FC5F3BD64459EF
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.197.232.106
ReturnHeader/FilingSecurityInformation/IPDt02018-05-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:01:17
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391841201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KLISMITH ACCOUNTING & TAX GROUP SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02040 JAY-MAR ROAD SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLOVER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0544673257
ReturnHeader/PreparerPersonGrp/PhoneNum07153411115
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RANDY SWANTON CPA
ReturnHeader/ReturnTs02018-05-14T11:01:17-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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.$2.60$0.00$2.60$0.21$0.15$0.06
2023Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.22$0.14$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.00$1.97$0.39$0.12$0.27
2021Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.26$0.08$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.32$0.08$0.24
2019Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.17$0.06$0.11
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.00$1.20$0.17$0.06$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.10$0.04$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.17$0.05$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.09$0.06$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.17$0.04$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$0.11$0.03$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.00$0.57$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$0.03
Peer Organizations

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