Civic Intelligence

Assumption High School Foundation Inc.

990 • Fiscal year 2016 • EIN 39-6124767

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 07, 2016

Organization Profile
PO Box 1041Wisconsin Rapids, WI 54495

(715) 422-0910

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

14th percentile

0.00x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

94th percentile

60%

Higher net margin than 94% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

55th percentile

2.5%

Faster asset growth than 55% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$2,047,272

Up $49,674 (+2.5%) from 2015

Net Assets

Up

$2,047,272

Up $49,674 (+2.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin94th percentile

Revenue

Down

$225,196

Down $310,227 (-58%) from 2015

Expenses

Down

$90,915

Down $82,588 (-48%) from 2015

Net Income

Down

$134,281

Down $227,639 (-63%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth55th percentile

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,352,264Liabilities 2011: $0Net Assets 2011: $1,352,2642011Assets 2012: $1,317,231Liabilities 2012: $0Net Assets 2012: $1,317,2312012Assets 2013: $1,500,773Liabilities 2013: $0Net Assets 2013: $1,500,7732013Assets 2014: $1,761,379Liabilities 2014: $0Net Assets 2014: $1,761,3792014Assets 2015: $1,997,598Liabilities 2015: $0Net Assets 2015: $1,997,5982015Assets 2016: $2,047,272Liabilities 2016: $0Net Assets 2016: $2,047,2722016Assets 2017: $2,387,191Liabilities 2017: $0Net Assets 2017: $2,387,1912017Assets 2018: $2,604,940Liabilities 2018: $0Net Assets 2018: $2,604,9402018Assets 2019: $2,640,645Liabilities 2019: $0Net Assets 2019: $2,640,6452019Assets 2020: $2,694,108Liabilities 2020: $0Net Assets 2020: $2,694,1082020Assets 2021: $3,433,586Liabilities 2021: $0Net Assets 2021: $3,433,5862021Assets 2022: $4,369,411Liabilities 2022: $0Net Assets 2022: $4,369,4112022Assets 2023: $4,785,420Liabilities 2023: $0Net Assets 2023: $4,785,4202023Assets 2024: $5,203,992Liabilities 2024: $0Net Assets 2024: $5,203,9922024Assets 2025: $5,629,862Liabilities 2025: $0Net Assets 2025: $5,629,8622025

Highlighted filing

2016

Assets$2,047,272
Liabilities$0
Net Assets$2,047,272
Open 2016 Filing

Operations Trend

Revenue Growth4th percentile

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

$2.0M$1.5M$1.0M$500K$0Expenses 2011: $115,4262011Expenses 2012: $148,8222012Revenue 2013: $414,646Expenses 2013: $331,326Net Income 2013: $83,3202013Revenue 2014: $342,796Expenses 2014: $232,673Net Income 2014: $110,1232014Revenue 2015: $535,423Expenses 2015: $173,503Net Income 2015: $361,9202015Revenue 2016: $225,196Expenses 2016: $90,915Net Income 2016: $134,2812016Revenue 2017: $242,630Expenses 2017: $92,469Net Income 2017: $150,1612017Revenue 2018: $281,157Expenses 2018: $98,768Net Income 2018: $182,3892018Revenue 2019: $198,081Expenses 2019: $144,306Net Income 2019: $53,7752019Revenue 2020: $177,315Expenses 2020: $111,681Net Income 2020: $65,6342020Revenue 2021: $352,818Expenses 2021: $138,499Net Income 2021: $214,3192021Revenue 2022: $1,938,979Expenses 2022: $175,923Net Income 2022: $1,763,0562022Revenue 2023: $321,088Expenses 2023: $169,914Net Income 2023: $151,1742023Revenue 2024: $329,470Expenses 2024: $246,057Net Income 2024: $83,4132024Revenue 2025: $409,413Expenses 2025: $251,415Net Income 2025: $157,9982025

Highlighted filing

2016

Revenue$225,196
Expenses$90,915
Net Income$134,281
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 7, 2016
Return Version
2015v2.1
Gross Receipts
$689,703
Mission and Program Overview

Mission

Provide funding for the operations of assumption catholic schools in wisconsin rapids wi and tuition assistance to deserving students enrolled in those schools

Provide funding for the operation of assumption high school in wisconsin rapids wi through the use of educational grants for tuition to deserving students

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,599,655$1,827,904▲ $228,249
Savings and Temporary Cash Investments$225,005$122,419▼ $102,586
Cash and Non-Interest-Bearing Accounts$172,938$90,383▼ $82,555
Investments Other Securities-$6,566-
Total Assets$1,997,598$2,047,272▲ $49,674
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,997,598$2,047,272▲ $49,674
Total Net Assets Fund Balance$1,997,598$2,047,272▲ $49,674
Total Liabilities and Net Assets / Fund Balance$1,997,598$2,047,272▲ $49,674
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Mary Anne GetzinPresident
Connie MilazzoDirector
Dr Ron KirschlingDirector
James RiebeDirector
Joan BondDirector
John KinzelDirector
Luke WeilandDirector
Rev James AltmanDirector
Diane MossRecording Se
Steve WalczakSecretary
Linda BenderTreasurer
Scott PaterickVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$135,160
Program Service Revenue
$0
Investment Income
$90,036
Other Revenue
$0
All Other Contributions
$135,160
Change in Net Assets
$134,281
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$73,299
Other Expenses$17,616
Total Fundraising Expense$475
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$73,299--$73,299
Fees for Service Investment Mgmnt Fees-$13,247-$13,247
Office Expenses$2,377$317$475$3,169
Fees for Services Accounting-$1,200-$1,200
Total Functional Expenses$75,676$14,764$475$90,915
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Assumption High SchoolWisconsin Rapids, WI501c3Scholarships/operati$73,299
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 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, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the board of directors at the next regular board meeting after the document is prepared.”

Form 990, Page 6, Part VI, Line 12C

“After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or executive committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If so, the board or committee members shall decide upon the appropriate action to take regarding such conflict.”

Form 990, Page 6, Part VI, Line 19

“After a request is received by the organization, photocopies of original documents are provided to requesting parties by the secretary of the organization as soon as practical.”

Filing and Contact Details

Filer

Filer Name
Assumption Foundation Inc
EIN
39-6124767
Phone
7154220910
Address
PO BOX 1041, WISCONSIN RAPIDS, WI 54495

Signing Officer

Name
Mary Anne Getzin
Title
President
Phone
7154220910
Signed
2016-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Anne Getzin
Formed
1968
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
25

Preparer

Firm
Becker & Kumm Cpas
Address
320 WEST GRAND AVENUE SUITE 301, WISCONSIN RAPIDS, WI 54495
Preparer
David W Kumm
Phone
7154235720
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Officers and directors are volunteers. In addition, volunteers help with other organization activities.”

Form 990, Part XI, Line 9

“Value of life insurance 6,565 total 6,565 increase in cash surrender value of insurance”

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0347887
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0236199
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0376233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076514
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01171993
IRS990ScheduleA/TotalSupportAmt01321992
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IRS990ScheduleI/RecipientTable/CashGrantAmt073299
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIPS/OPERATI
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ASSUMPTION HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0391951797
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0445 CHESTNUT ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WISCONSIN RAPIDS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OFFICERS AND DIRECTORS ARE VOLUNTEERS. IN ADDITION, VOLUNTEERS HELP WITH OTHER ORGANIZATION ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT THE NEXT REGULAR BOARD MEETING AFTER THE DOCUMENT IS PREPARED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD OR EXECUTIVE COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF SO, THE BOARD OR COMMITTEE MEMBERS SHALL DECIDE UPON THE APPROPRIATE ACTION TO TAKE REGARDING SUCH CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AFTER A REQUEST IS RECEIVED BY THE ORGANIZATION, PHOTOCOPIES OF ORIGINAL DOCUMENTS ARE PROVIDED TO REQUESTING PARTIES BY THE SECRETARY OF THE ORGANIZATION AS SOON AS PRACTICAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4VALUE OF LIFE INSURANCE 6,565 TOTAL 6,565 INCREASE IN CASH SURRENDER VALUE OF INSURANCE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/BOYAmt01997598
IRS990/TotalAssetsGrp/EOYAmt02047272
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0135160
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0475
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014764
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt075676
IRS990/TotalFunctionalExpensesGrp/TotalAmt090915
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalProgramServiceExpensesAmt075676
IRS990/TotalRevenueGrp/ExclusionAmt083293
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06743
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0225196
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IRS990/USAddress/CityNm0WISCONSIN RAPIDS
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IRS990/USAddress/ZIPCd054495
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY ANNE GETZIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07154220910
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ASSUMPTION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ASSU
ReturnHeader/Filer/EIN0396124767
ReturnHeader/Filer/PhoneNum07154220910
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1041
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BECKER & KUMM CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0320 WEST GRAND AVENUE SUITE 301
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WISCONSIN RAPIDS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd054495
ReturnHeader/PreparerPersonGrp/PhoneNum07154235720
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W KUMM
ReturnHeader/ReturnTs02016-11-15T10:35:24-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,047,272
Liabilities
$0
Net assets
$2,047,272
Revenue
$225,196
Expenses
$90,915
Net income
$134,281
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$0.00$5.63$0.41$0.25$0.16
2024Detailed filing. Detailed filing data is available for this year.$5.20$0.00$5.20$0.33$0.25$0.08
2023Detailed filing. Detailed filing data is available for this year.$4.79$0.00$4.79$0.32$0.17$0.15
2022Detailed filing. Detailed filing data is available for this year.$4.37$0.00$4.37$1.94$0.18$1.76
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$0.35$0.14$0.21
2020Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.18$0.11$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.64$0.00$2.64$0.20$0.14$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.60$0.00$2.60$0.28$0.10$0.18
2017Detailed filing. Detailed filing data is available for this year.$2.39$0.00$2.39$0.24$0.09$0.15
2016Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.23$0.09$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.00$0.00$2.00$0.54$0.17$0.36
2014Summary only. Only limited summary data is available for this year.$1.76$0.00$1.76$0.34$0.23$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.00$1.50$0.41$0.33$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.32$0.00$1.32$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.35$0.00$1.35$0.12