Civic Intelligence

University Found Manitowoc Inc

990 • Fiscal year 2018 • EIN 39-6075810

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 06, 2018

705 Viebahn StreetManitowoc, WI 54220-6699

(920) 684-9625

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

3rd percentile

-90%

Higher net margin than 3% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

18th percentile

-9.3%

Faster asset growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-75%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$946,145

Down $96,579 (-9.3%) from 2017

Net Assets

Down

$946,145

Down $96,451 (-9.3%) from 2017

Liabilities

Down

$0

Down $128 (-100%) from 2017

Revenue

Down

$152,697

Down $453,576 (-75%) from 2017

Expenses

Up

$290,368

Up $50,469 (+21%) from 2017

Net Income

Down

-$137,671

Down $504,045 (-138%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $560,220Liabilities 2010: $0Net Assets 2010: $560,2202010Assets 2011: $629,659Liabilities 2011: $0Net Assets 2011: $629,6592011Assets 2012: $608,021Liabilities 2012: $0Net Assets 2012: $608,0212012Assets 2013: $709,014Liabilities 2013: $0Net Assets 2013: $709,0142013Assets 2014: $799,906Liabilities 2014: $0Net Assets 2014: $799,9062014Assets 2015: $760,293Liabilities 2015: $0Net Assets 2015: $760,2932015Assets 2016: $617,830Liabilities 2016: $0Net Assets 2016: $617,8302016Assets 2017: $1,042,724Liabilities 2017: $128Net Assets 2017: $1,042,5962017Assets 2018: $946,145Liabilities 2018: $0Net Assets 2018: $946,1452018Assets 2019: $906,670Liabilities 2019: $32Net Assets 2019: $906,6382019Assets 2020: $925,766Liabilities 2020: $713Net Assets 2020: $925,0532020Assets 2021: $1,137,686Liabilities 2021: $0Net Assets 2021: $1,137,6862021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2018

Assets$946,145
Liabilities$0
Net Assets$946,145

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2010: $70,211Expenses 2010: $11,425Net Income 2010: $58,7862010Revenue 2011: $35,564Expenses 2011: $24,467Net Income 2011: $11,0972011Expenses 2012: $19,4192012Revenue 2013: $94,115Expenses 2013: $29,988Net Income 2013: $64,1272013Revenue 2014: $100,933Expenses 2014: $69,201Net Income 2014: $31,7322014Revenue 2015: $34,133Expenses 2015: $73,097Net Income 2015: -$38,9642015Revenue 2016: $32,427Expenses 2016: $143,307Net Income 2016: -$110,8802016Revenue 2017: $606,273Expenses 2017: $239,899Net Income 2017: $366,3742017Revenue 2018: $152,697Expenses 2018: $290,368Net Income 2018: -$137,6712018Revenue 2019: $51,310Expenses 2019: $87,643Net Income 2019: -$36,3332019Revenue 2020: $127,689Expenses 2020: $74,228Net Income 2020: $53,4612020Revenue 2021: $95,699Expenses 2021: $77,405Net Income 2021: $18,2942021Revenue 2022: $27,557Expenses 2022: $1,123,908Net Income 2022: -$1,096,3512022

Highlighted filing

2018

Revenue$152,697
Expenses$290,368
Net Income-$137,671
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$152,758
Mission and Program Overview

Mission

To provide scholarships for students attending uw-manitowoc, as well as grants for faculty/staff development and campus promotion.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$800,513$827,619▲ $27,106
Cash and Non-Interest-Bearing Accounts$126,923$57,452▼ $69,471
Pledges and Grants Receivable$92,086$55,257▼ $36,829
Savings and Temporary Cash Investments$20,816$4,065▼ $16,751
Land, Buildings, and Equipment, Net$2,007$1,373▼ $634
Prepaid Expenses and Deferred Charges$379$379→ $0
Total Assets$1,042,724$946,145▼ $96,579
Liabilities
Accounts Payable and Accrued Expenses$128$0▼ $128
Total Liabilities$128$0▼ $128
Net Assets / Fund Balance
Unrestricted Net Assets$619,358$591,332▼ $28,026
Permanently Rstr Net Assets$200,000$220,000▲ $20,000
Temporarily Rstr Net Assets$223,238$134,813▼ $88,425
Total Net Assets Fund Balance$1,042,596$946,145▼ $96,451
Total Liabilities and Net Assets / Fund Balance$1,042,724$946,145▼ $96,579

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$96--
Equipment$1,373$1,569-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian JohnsonPast President/director
Laurie CrawfordPresident/director
Jane HamannVice President/director
Dayna GoetzDirector
Gene Boyd IiiDirector
John StangelDirector
Kiara Crowley-oswaldDirector
Marcia ChristiansenDirector
Rosina RobbinsDirector
Ross MuellerDirector
Susan SenglaubDirector
Thomas Van HornDirector
Nan HallockSecretary/director
Jon DanforthTreasurer/director
Bethanie EbbenEx Officio Member
Carla RabeEx Officio Member
Chris StoneEx Officio Member
Martin D RuddEx Officio Member
Revenue and Support

Revenue Composition

Contributions and Grants
$115,955
Program Service Revenue
$0
Investment Income
$33,380
Other Revenue
$3,362
All Other Contributions
$115,955
Change in Net Assets
$-137,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$166,728
Salaries, Compensation, and Employee Benefits$98,616
Other Expenses$25,024
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$102,905--$102,905
Current Officers, Directors, Trustees, and Key Employees-$74,151-$74,151
Grants to Domestic Individuals$63,823--$63,823
Other Salaries and Wages-$17,393-$17,393
Payroll Taxes-$7,072-$7,072
Office Expenses-$3,234-$3,234
Fees for Services Other-$2,805-$2,805
Insurance-$1,945-$1,945
Information Technology-$1,742-$1,742
Conferences and Meetings-$1,186-$1,186
Depreciation Depletion-$588-$588
Advertising-$72-$72
Other Expenses$4,018$45-$45
Total Functional Expenses$170,746$119,622$0$290,368
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Manitowoc CountyManitowoc, WI-Building Remodel Assistance$102,905
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$3,423
Fundraising Direct Expenses$61
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 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 B, Line 11B

Board reviews 990 before filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Uw - Manitowoc Foundation Inc
EIN
39-6075810
Phone
9206849625
Address
705 VIEBAHN STREET, MANITOWOC, WI 54220-6699

Signing Officer

Name
Jon Danforth
Title
Treasurer
Phone
9206849625
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Danforth
Formed
1975
Legal Domicile
Wi
Voting Board Members
14
Independent Board Members
14
Employees
2
Volunteers
25

Preparer

Firm
Hawkins Ash Cpas Llp
Address
ONE EAST WALDO BOULEVARD SUITE 5, MANITOWOC, WI 54220-2912
Preparer
Jeffrey Dvorachek
Phone
9206847128
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The board assumes responsibility for the oversight of the audit.

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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/NetAssetsOrFundBalancesEOYAmt0946145
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt03362
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt03362
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt041220
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03234
IRS990/OfficeExpensesGrp/TotalAmt03234
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0INVESTMENT FEES
IRS990/OtherExpensesGrp/Desc1CAMPUS PROMOTION
IRS990/OtherExpensesGrp/Desc2DUE AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3CORPORATE FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08016
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11373
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt245
IRS990/OtherExpensesGrp/ProgramServicesAmt04018
IRS990/OtherExpensesGrp/TotalAmt08016
IRS990/OtherExpensesGrp/TotalAmt14018
IRS990/OtherExpensesGrp/TotalAmt21373
IRS990/OtherExpensesGrp/TotalAmt345
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017393
IRS990/OtherSalariesAndWagesGrp/TotalAmt017393
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07072
IRS990/PayrollTaxesGrp/TotalAmt07072
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0200000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0220000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt092086
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt055257
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0379
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0379
IRS990/PrincipalOfficerNm0JON DANFORTH
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0TO PROVIDE GRANTS FOR FACULTY/STAFF DEVELOPMENT AND CAMPUS PROMOTION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04018
IRS990/ProgSrvcAccomActy3Grp/Desc0TO PROVIDE ASSISTANCE FOR UW-MANITOWOC BUILDING REMODEL.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0102905
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0102905
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0576970
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0141784
IRS990/PYInvestmentIncomeAmt028663
IRS990/PYOtherExpensesAmt025577
IRS990/PYOtherRevenueAmt0640
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0366374
IRS990/PYSalariesCompEmpBnftPaidAmt072538
IRS990/PYTotalExpensesAmt0239899
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0606273
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-137671
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd01
IRS990/SavingsAndTempCashInvstGrp/BOYAmt020816
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04065
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0115955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0226970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08627
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt034070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt078060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0463682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt033380
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028663
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023800
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023362
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt022873
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0132078
IRS990ScheduleA/PublicSupportCY170Pct00.53000
IRS990ScheduleA/PublicSupportPY170Pct00.48730
IRS990ScheduleA/PublicSupportTotal170Amt0315753
IRS990ScheduleA/SubstantialContributorsTotAmt0147929
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0115955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0226970
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08627
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt034070
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078060
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0463682
IRS990ScheduleA/TotalSupportAmt0595760
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01373
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01569
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02942
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt08399
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1812045
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt27079
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt396
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MANITOWOC COMPANY COMMON STOCK
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1UW FOUNDATION AGENCY ACCOUNT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2WELBILT INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3AMERIPRISE BROKERAGE ACCOUNT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01373
IRS990ScheduleD/TotalBookValueProgramRltdAmt0827619
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt063823
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt031
IRS990ScheduleI/RecipientTable/CashGrantAmt0102905
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0BUILDING REMODEL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MANITOWOC COUNTY
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01010 S 8TH STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MANITOWOC
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0WI
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd054220
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0223238
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0134813
IRS990/TempOrPermanentEndowmentsInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.03$1.12$1.10
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.10$0.08$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.13$0.07$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.91$0.00$0.91$0.05$0.09$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.15$0.29$0.14
2017Summary only. Only limited summary data is available for this year.$1.04$0.00$1.04$0.61$0.24$0.37
2016Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.03$0.14$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.03$0.07$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.80$0.00$0.80$0.10$0.07$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.09$0.03$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.00$0.61$0.02
2011Summary only. Only limited summary data is available for this year.$0.63$0.00$0.63$0.04$0.02$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.07$0.01$0.06