Civic Intelligence

Ascension Endowment Fund Inc.

990 • Fiscal year 2019 • EIN 39-6067949

Apr 01, 2018 to Mar 31, 2019 • Filed on Feb 06, 2020

1236 S Layton BlvdMilwaukee, WI 53215

(414) 645-2933

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

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

Liabilities / Revenue

15th percentile

0.00x

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

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

Net Margin

11th percentile

-27%

Higher net margin than 11% 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

27th percentile

-2.9%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

32nd percentile

-3.3%

Faster revenue growth than 32% of similar nonprofits.

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

Assets

Down

$2,660,386

Down $78,246 (-2.9%) from 2018

Net Assets

Down

$2,660,386

Down $78,246 (-2.9%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$199,639

Down $6,763 (-3.3%) from 2018

Expenses

Down

$253,255

Down $107,456 (-30%) from 2018

Net Income

Up

-$53,616

Up $100,693 (+65%) from 2018

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: $2,228,221Liabilities 2011: $0Net Assets 2011: $2,228,2212011Assets 2012: $2,641,632Liabilities 2012: $0Net Assets 2012: $2,641,6322012Assets 2013: $2,579,534Liabilities 2013: $0Net Assets 2013: $2,579,5342013Assets 2014: $2,447,692Liabilities 2014: $0Net Assets 2014: $2,447,6922014Assets 2015: $2,414,114Liabilities 2015: $0Net Assets 2015: $2,414,1142015Assets 2016: $2,255,398Liabilities 2016: $0Net Assets 2016: $2,255,3982016Assets 2017: $2,830,130Liabilities 2017: $0Net Assets 2017: $2,830,1302017Assets 2018: $2,738,632Liabilities 2018: $0Net Assets 2018: $2,738,6322018Assets 2019: $2,660,386Liabilities 2019: $0Net Assets 2019: $2,660,3862019Assets 2020: $2,196,207Liabilities 2020: $0Net Assets 2020: $2,196,2072020Assets 2021: $2,787,425Liabilities 2021: $0Net Assets 2021: $2,787,4252021Assets 2022: $2,856,776Liabilities 2022: $0Net Assets 2022: $2,856,7762022Assets 2023: $2,539,403Liabilities 2023: $0Net Assets 2023: $2,539,4032023Assets 2024: $2,649,718Liabilities 2024: $0Net Assets 2024: $2,649,7182024Assets 2025: $2,823,345Liabilities 2025: $0Net Assets 2025: $2,823,3452025

Highlighted filing

2019

Assets$2,660,386
Liabilities$0
Net Assets$2,660,386

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $136,523Expenses 2011: $213,239Net Income 2011: -$76,7162011Revenue 2012: $198,046Expenses 2012: $246,350Net Income 2012: -$48,3042012Revenue 2013: $303,392Expenses 2013: $338,609Net Income 2013: -$35,2172013Revenue 2014: $213,223Expenses 2014: $265,036Net Income 2014: -$51,8132014Revenue 2015: $147,739Expenses 2015: $231,906Net Income 2015: -$84,1672015Revenue 2016: $149,792Expenses 2016: $243,166Net Income 2016: -$93,3742016Revenue 2017: $775,568Expenses 2017: $212,546Net Income 2017: $563,0222017Revenue 2018: $206,402Expenses 2018: $360,711Net Income 2018: -$154,3092018Revenue 2019: $199,639Expenses 2019: $253,255Net Income 2019: -$53,6162019Revenue 2020: $184,654Expenses 2020: $233,826Net Income 2020: -$49,1722020Revenue 2021: $7,477Expenses 2021: $147,068Net Income 2021: -$139,5912021Revenue 2022: $135,536Expenses 2022: $145,963Net Income 2022: -$10,4272022Revenue 2023: $270,846Expenses 2023: $159,079Net Income 2023: $111,7672023Revenue 2024: $110,065Expenses 2024: $104,855Net Income 2024: $5,2102024Revenue 2025: $126,062Expenses 2025: $143,400Net Income 2025: -$17,3382025

Highlighted filing

2019

Revenue$199,639
Expenses$253,255
Net Income-$53,616
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Feb 6, 2020
Return Version
2018v3.1
Gross Receipts
$199,639
Mission and Program Overview

Mission

Support Evangelical Lutheran Church of the Ascension

Support of Evangelical Lutheran Church of the Ascension

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,679,318$2,660,386▼ $18,932
Other Notes and Loans Receivable, Net$59,314$0▼ $59,314
Cash and Non-Interest-Bearing Accounts-$0-
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,738,632$2,660,386▼ $78,246
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,743,589$1,794,383▲ $50,794
Unrestricted Net Assets$995,043$866,003▼ $129,040
Total Net Assets Fund Balance$2,738,632$2,660,386▼ $78,246
Total Liabilities and Net Assets / Fund Balance$2,738,632$2,660,386▼ $78,246

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,743,589$50,794▲ $189,164-$1,794,383
2018$1,674,247$69,342▲ $137,160-$1,743,589
2017$1,572,101$102,145▲ $183,259-$1,674,247
2016$1,572,101-▲ $149,792-$1,572,101
2015$1,536,715$5,000▲ $142,739-$1,536,715
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark ThomsenPresident
Jim AndreeVice President
Art MaesDirector
Cheryl GrothDirector
Chuck KudyDirector
Jerry VangDirector
Joan Semrad HutchinsonDirector
Leticia BarrettDirector
Kenneth BergSecretary
Kirsten Fagerland PezewskiTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$10,475
Program Service Revenue
$0
Investment Income
$189,164
Other Revenue
$0
All Other Contributions
$10,475
Change in Net Assets
$-53,616
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$245,060
Other Expenses$8,195
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$245,060--$245,060
Fees for Service Investment Mgmnt Fees-$8,113-$8,113
Other Expenses-$20-$20
Total Functional Expenses$245,060$8,195$0$253,255
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Evg Luth Ch of the AscensionMilwaukee, WI-Budget Support$245,060
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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, Part VI, Line 11B: Form 990 Review Process

The 990 is presented to the board and all members present will review, discuss, and vote on whether to sign the 990 or if changes or corrections need to made. All questions/directions go to the accountant.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Ascension Endowment Fund Inc
EIN
39-6067949
Phone
4146452933
Address
1236 S LAYTON BLVD, MILWAUKEE, WI 53215

Signing Officer

Name
Kirsten Fagerland Pezewski
Title
Treasurer
Signed
2020-02-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kirsten Fagerland Pezewski
Formed
1955
Legal Domicile
Wi
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Ritz Holman LLP
Address
330 E Kilbourn Ste 550, Milwaukee, WI 53202-3144
Preparer
Andrew C Holman
Phone
4142711451
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IRS990/PYContributionsGrantsAmt069242
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0345757
IRS990/PYInvestmentIncomeAmt0137160
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt014954
IRS990/PYRevenuesLessExpensesAmt0-154309
IRS990/PYTotalExpensesAmt0360711
IRS990/PYTotalRevenueAmt0206402
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-53616
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/ChurchInd0X
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/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01743589
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt050794
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01794383
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0189164
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0189164
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01674247
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt069342
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01743589
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0137160
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0137160
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01572101
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0102145
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01674247
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0183259
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0183259
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01572101
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01572101
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0149792
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0149792
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01536715
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt05000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01536715
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0147739
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0142739
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt0245060
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Budget Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Evg Luth Ch of the Ascension
IRS990ScheduleI/RecipientTable/RecipientEIN0390813404
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01236 W Layton Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Milwaukee
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd053215
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 is presented to the board and all members present will review, discuss, and vote on whether to sign the 990 or if changes or corrections need to made. All questions/directions go to the accountant.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EVANG LUTH CH OF THE ASCENSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01236 S LAYTON BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053215
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0245060
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0EVANG LUTH CH OF THE ASCENSION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02738632
IRS990/TotalAssetsEOYAmt02660386
IRS990/TotalAssetsGrp/BOYAmt02738632
IRS990/TotalAssetsGrp/EOYAmt02660386
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt010475
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$0.13$0.14$0.02
2024Detailed filing. Detailed filing data is available for this year.$2.65$0.00$2.65$0.11$0.10$0.01
2023Detailed filing. Detailed filing data is available for this year.$2.54$0.00$2.54$0.27$0.16$0.11
2022Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.14$0.15$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.00$2.79$0.01$0.15$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.20$0.00$2.20$0.18$0.23$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.66$0.00$2.66$0.20$0.25$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.74$0.00$2.74$0.21$0.36$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.83$0.00$2.83$0.78$0.21$0.56
2016Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.15$0.24$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.41$0.00$2.41$0.15$0.23$0.08
2014Summary only. Only limited summary data is available for this year.$2.45$0.00$2.45$0.21$0.27$0.05
2013Summary only. Only limited summary data is available for this year.$2.58$0.00$2.58$0.30$0.34$0.04
2012Summary only. Only limited summary data is available for this year.$2.64$0.00$2.64$0.20$0.25$0.05
2011Summary only. Only limited summary data is available for this year.$2.23$0.00$2.23$0.14$0.21$0.08