Civic Intelligence

West Bend Community & Alumni Scholarship Foundation Inc.

990 • Fiscal year 2018 • EIN 39-6055248

Sep 01, 2017 to Aug 31, 2018 • Filed on Oct 25, 2018

1115 Timberline DriveWest Bend, WI 53095

(262) 338-1060

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

94th percentile

63%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

64th percentile

5.6%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

135%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,891,667

Up $153,147 (+5.6%) from 2017

Net Assets

Up

$2,891,667

Up $153,147 (+5.6%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$796,011

Up $456,747 (+135%) from 2017

Expenses

Up

$291,489

Up $7,544 (+2.7%) from 2017

Net Income

Up

$504,522

Up $449,203 (+812%) from 2017

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: $1,931,755Liabilities 2011: $0Net Assets 2011: $1,931,7552011Assets 2012: $2,112,582Liabilities 2012: $0Net Assets 2012: $2,112,5822012Assets 2013: $2,190,053Liabilities 2013: $0Net Assets 2013: $2,190,0532013Assets 2014: $2,380,601Liabilities 2014: $0Net Assets 2014: $2,380,6012014Assets 2015: $2,275,213Liabilities 2015: $0Net Assets 2015: $2,275,2132015Assets 2016: $2,536,836Liabilities 2016: $0Net Assets 2016: $2,536,8362016Assets 2017: $2,738,520Liabilities 2017: $0Net Assets 2017: $2,738,5202017Assets 2018: $2,891,667Liabilities 2018: $0Net Assets 2018: $2,891,6672018Assets 2019: $2,990,330Liabilities 2019: $0Net Assets 2019: $2,990,3302019Assets 2020: $3,375,305Liabilities 2020: $0Net Assets 2020: $3,375,3052020Assets 2021: $4,405,054Liabilities 2021: $22,002Net Assets 2021: $4,383,0522021Assets 2022: $3,812,819Liabilities 2022: $22,497Net Assets 2022: $3,790,3222022Assets 2023: $3,924,752Liabilities 2023: $20,000Net Assets 2023: $3,904,7522023Assets 2024: $4,372,262Liabilities 2024: $37,032Net Assets 2024: $4,335,2302024Assets 2025: $4,734,347Liabilities 2025: $2,591Net Assets 2025: $4,731,7562025

Highlighted filing

2018

Assets$2,891,667
Liabilities$0
Net Assets$2,891,667

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $228,323Expenses 2011: $194,640Net Income 2011: $33,6832011Revenue 2012: $330,637Expenses 2012: $210,564Net Income 2012: $120,0732012Revenue 2013: $192,111Expenses 2013: $186,731Net Income 2013: $5,3802013Revenue 2014: $283,515Expenses 2014: $194,375Net Income 2014: $89,1402014Revenue 2015: $237,524Expenses 2015: $218,693Net Income 2015: $18,8312015Revenue 2016: $485,261Expenses 2016: $231,192Net Income 2016: $254,0692016Revenue 2017: $339,264Expenses 2017: $283,945Net Income 2017: $55,3192017Revenue 2018: $796,011Expenses 2018: $291,489Net Income 2018: $504,5222018Revenue 2019: $400,797Expenses 2019: $346,919Net Income 2019: $53,8782019Revenue 2020: $286,808Expenses 2020: $349,524Net Income 2020: -$62,7162020Revenue 2021: $630,788Expenses 2021: $312,846Net Income 2021: $317,9422021Revenue 2022: $502,887Expenses 2022: $356,698Net Income 2022: $146,1892022Revenue 2023: $457,503Expenses 2023: $373,244Net Income 2023: $84,2592023Revenue 2024: $549,236Expenses 2024: $373,419Net Income 2024: $175,8172024Revenue 2025: $806,185Expenses 2025: $415,458Net Income 2025: $390,7272025

Highlighted filing

2018

Revenue$796,011
Expenses$291,489
Net Income$504,522
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Oct 25, 2018
Return Version
2017v2.3
Gross Receipts
$3,355,987
Mission and Program Overview

Mission

To encourage graduates of west bend high schools to continue advanced education by providing academic and technical scholarships.

Provides scholarships to individuals based on educational merit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,682,069$2,715,550▲ $33,481
Savings and Temporary Cash Investments$32,718$136,040▲ $103,322
Cash and Non-Interest-Bearing Accounts$23,733$40,077▲ $16,344
Total Assets$2,738,520$2,891,667▲ $153,147
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,738,520$2,891,667▲ $153,147
Total Net Assets Fund Balance$2,738,520$2,891,667▲ $153,147
Total Liabilities and Net Assets / Fund Balance$2,738,520$2,891,667▲ $153,147
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$221,722
Program Service Revenue
$0
Investment Income
$574,736
Other Revenue
$-447
All Other Contributions
$181,853
Change in Net Assets
$504,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$272,000
Other Expenses$19,489
Total Fundraising Expense$1,064
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$272,000--$272,000
Insurance-$1,583-$1,583
Fees for Services Accounting-$1,135-$1,135
Office Expenses--$764$764
Other Expenses-$365-$365
Advertising--$300$300
Total Functional Expenses$272,000$18,425$1,064$291,489
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$33,783
Fundraising Gross Income$33,336
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Concerts$37,001$27,001$3,900$23,101
5k Run/walk$36,204$6,335$6,838$-503
Total Events$73,205$33,336$31,738$1,598
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
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
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

The form 990 will be reviewed prior to issuance by the treasurer. The treasurer will present the form 990 to the board of directors at the next scheduled meeting.

Form 990, Page 6, Part VI, Line 19

Form 990, governing documents, policies, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
West Bend Community & Alumni
EIN
39-6055248
Phone
2623381060
Address
1115 TIMBERLINE DRIVE, WEST BEND, WI 53095

Signing Officer

Name
John Conwell
Title
Treasurer
Phone
2623381060
Signed
2018-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Conwell
Formed
1972
Legal Domicile
Wi
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
60

Preparer

Firm
Kieckhafer Dietzler Hauser Hanson Llp
Address
PO BOX 637, WEST BEND, WI 53095-0637
Preparer
James Saueressig
Phone
2623342341
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Change in unrealized gains on investments -351,375

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IRS990/NetAssetsOrFundBalancesBOYAmt02738520
IRS990/NetAssetsOrFundBalancesEOYAmt02891667
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0517323
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0517323
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt01598
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-447
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt09856
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0764
IRS990/OfficeExpensesGrp/TotalAmt0764
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-351375
IRS990/OtherExpensesGrp/Desc0TRUST FEES - M&I
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2LICENSES & PERMITS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011956
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13386
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2365
IRS990/OtherExpensesGrp/TotalAmt011956
IRS990/OtherExpensesGrp/TotalAmt13386
IRS990/OtherExpensesGrp/TotalAmt2365
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOHN CONWELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0236364
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0270350
IRS990/PYInvestmentIncomeAmt0103445
IRS990/PYOtherExpensesAmt013595
IRS990/PYOtherRevenueAmt0-545
IRS990/PYRevenuesLessExpensesAmt055319
IRS990/PYTotalExpensesAmt0283945
IRS990/PYTotalRevenueAmt0339264
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0504522
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032718
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0136040
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0CONCERT 126,171 5K RUN/WALK 43,695 MISCELLANEOUS 17
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0221722
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0236364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0360202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0141169
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0167724
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01127181
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt057413
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt048931
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt046150
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt049655
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt048033
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0250182
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt033336
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt034450
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt032284
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt033956
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt035857
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0169883
IRS990ScheduleA/PublicSupportCY170Pct00.46590
IRS990ScheduleA/PublicSupportPY170Pct00.44190
IRS990ScheduleA/PublicSupportTotal170Amt0720790
IRS990ScheduleA/SubstantialContributorsTotAmt0406391
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0221722
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0236364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0360202
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0141169
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0167724
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01127181
IRS990ScheduleA/TotalSupportAmt01547246
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt039869
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt010000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt029869
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt031738
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt021000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt021000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CONCERTS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm05K RUN/WALK
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt037001
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt036204
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt073205
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt027001
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt06335
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt033336
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01598
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010738
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03900
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06838
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0272000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0242
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0WE REQUIRE STUDENTS TO PROVIDE TRANSCRIPTS FROM AN ACCREDITED INSTITUTION FOR PROOF OF ENROLLMENT AND MINIMUM ACADEMIC ACHIEVEMENT PRIOR TO DISBURSEMENT OF FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WILL BE REVIEWED PRIOR TO ISSUANCE BY THE TREASURER. THE TREASURER WILL PRESENT THE FORM 990 TO THE BOARD OF DIRECTORS AT THE NEXT SCHEDULED MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE IN UNREALIZED GAINS ON INVESTMENTS -351,375
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02738520
IRS990/TotalAssetsEOYAmt02891667
IRS990/TotalAssetsGrp/BOYAmt02738520
IRS990/TotalAssetsGrp/EOYAmt02891667
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0221722
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01064
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018425

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.73$0.00$4.73$0.81$0.42$0.39
2024Detailed filing. Detailed filing data is available for this year.$4.37$0.04$4.34$0.55$0.37$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.92$0.02$3.90$0.46$0.37$0.08
2022Detailed filing. Detailed filing data is available for this year.$3.81$0.02$3.79$0.50$0.36$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.02$4.38$0.63$0.31$0.32
2020Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.29$0.35$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$0.40$0.35$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$0.80$0.29$0.50
2017Detailed filing. Detailed filing data is available for this year.$2.74$0.00$2.74$0.34$0.28$0.06
2016Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.49$0.23$0.25
2015Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.28$0.24$0.22$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.38$0.00$2.38$0.28$0.19$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.00$2.19$0.19$0.19$0.01
2012Summary only. Only limited summary data is available for this year.$2.11$0.00$2.11$0.33$0.21$0.12
2011Summary only. Only limited summary data is available for this year.$1.93$0.00$1.93$0.23$0.19$0.03