Civic Intelligence

Ideal Scholarship Foundation

990EZ • Fiscal year 2014 • EIN 41-1607798

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 23, 2015

Organization ProfileN/A
35697 Pinedale LanePequot Lakes, MN 56472

(218) 543-6827

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

43rd percentile

-0.7%

Faster asset growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

7th percentile

-57%

Faster revenue growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$281,990

Down $2,118 (-0.7%) from 2013

Net Assets

Down

$281,990

Down $2,118 (-0.7%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin19th percentile

Revenue

Down

$14,616

Down $19,466 (-57%) from 2013

Expenses

Up

$16,734

Up $3,837 (+30%) from 2013

Net Income

Down

-$2,118

Down $23,303 (-110%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$400K$300K$200K$100K$0Assets 2010: $214,201Net Assets 2010: $214,2012010Assets 2011: $217,931Liabilities 2011: $02011Assets 2012: $262,923Net Assets 2012: $262,9232012Assets 2013: $284,108Liabilities 2013: $0Net Assets 2013: $284,1082013Assets 2014: $281,990Liabilities 2014: $0Net Assets 2014: $281,9902014Assets 2015: $259,041Liabilities 2015: $02015Assets 2016: $277,981Liabilities 2016: $0Net Assets 2016: $277,9812016Assets 2017: $306,050Liabilities 2017: $0Net Assets 2017: $306,0502017

Highlighted filing

2014

Assets$281,990
Liabilities$0
Net Assets$281,990
Open 2014 Filing

Operations Trend

Revenue Growth7th percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2010: $15,256Expenses 2010: $8,177Net Income 2010: $7,0792010Revenue 2011: $10,905Expenses 2011: $7,175Net Income 2011: $3,7302011Revenue 2012: $51,672Expenses 2012: $6,680Net Income 2012: $44,9922012Revenue 2013: $34,082Expenses 2013: $12,897Net Income 2013: $21,1852013Revenue 2014: $14,616Expenses 2014: $16,734Net Income 2014: -$2,1182014Revenue 2015: -$5,975Expenses 2015: $16,974Net Income 2015: -$22,9492015Revenue 2016: $26,302Expenses 2016: $7,362Net Income 2016: $18,9402016Revenue 2017: $39,631Expenses 2017: $11,562Net Income 2017: $28,0692017

Highlighted filing

2014

Revenue$14,616
Expenses$16,734
Net Income-$2,118
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 23, 2015
Return Version
2014v5.0
Gross Receipts
$14,616
Mission and Program Overview

Mission

To provide scholarships to the youth of Ideal Township.

Program Services

DescriptionGrantsExpenses
To provide scholarships to the youth of Ideal Township.$13,200-
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vickey LeonardPresident-$0--
John EhlertBoard Member-$0--
Ryan SchultzTreasurer-$0--
Dick MaasVice President-$0--
Marie SchmidSecretary-$0--
Mike SchweitersBoard Member-$0--
Gary SchwartzBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Ideal Scholarship Foundation
EIN
41-1607798
Phone
2185436827
Address
35697 Pinedale Lane, Pequot Lakes, MN 56472

Signing Officer

Name
Vickey Leonard
Title
President
Signed
2015-04-23
Discuss with paid preparer
Yes

Preparer

Firm
Mathias C Justin Ltd
Address
4325 W Woodman St Box 90, Pequot Lakes, MN 56472
Preparer
Mathias C Justin
Phone
2185685242
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.7

“| Donee's Name: 7 individuals from $1,000 to $3,000 | Cash Amount Given: $13200”

Other Expenses.1002

“Office Expenses $21”

Other Expenses.1012

“Insurance $305”

Raw XML Appendix156 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Gary Schwartz
IRS990EZ/BooksInCareOfDetail/PhoneNum02185436827
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt035697 Pinedale Lane
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Pequot Lakes
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd056472
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0284108
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0281990
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2118
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03208
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0284108
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0281990
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt013200
IRS990EZ/GrossReceiptsAmt014616
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt011616
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0284108
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0281990
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0284108
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0281990
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Vickey Leonard
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1John Ehlert
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ryan Schultz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Dick Maas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Marie Schmid
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Mike Schweiters
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Gary Schwartz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0326
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To provide scholarships to the youth of Ideal Township.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To provide scholarships to the youth of Ideal Township.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt013200
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MN
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt016734
IRS990EZ/TotalProgramServiceExpensesAmt013200
IRS990EZ/TotalRevenueAmt014616
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03034
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt038000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt04465
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt058999
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011616
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt031048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt013672
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0405
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010791
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt067532
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.46630
IRS990ScheduleA/PublicSupportPY170Pct00.47570
IRS990ScheduleA/PublicSupportTotal170Amt058999
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03034
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt038000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt04465
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt058999
IRS990ScheduleA/TotalSupportAmt0126531
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: 7 individuals from $1,000 to $3,000 | Cash Amount Given: $13200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $21
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $305
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Vickey Leonard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-04-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Ideal Scholarship Foundation
ReturnHeader/Filer/BusinessNameControlTxt0IDEA
ReturnHeader/Filer/EIN0411607798
ReturnHeader/Filer/PhoneNum02185436827
ReturnHeader/Filer/USAddress/AddressLine1Txt035697 Pinedale Lane
ReturnHeader/Filer/USAddress/CityNm0Pequot Lakes
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056472
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mathias C Justin Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04325 W Woodman St Box 90
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pequot Lakes
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056472
ReturnHeader/PreparerPersonGrp/PhoneNum02185685242
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mathias C Justin
ReturnHeader/ReturnTs02015-04-23T12:20:27-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$281,990
Liabilities
$0
Net assets
$281,990
Revenue
$14,616
Expenses
$16,734
Net income
-$2,118
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$0.40$0.12$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.78$0.00$2.78$0.26$0.07$0.19
2015Summary only. Only limited summary data is available for this year.$2.59$0.00$0.06$0.17$0.23
2014Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$0.15$0.17$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.84$0.00$2.84$0.34$0.13$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$2.63$0.52$0.07$0.45
2011Summary only. Only limited summary data is available for this year.$2.18$0.00$0.11$0.07$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$2.14$0.15$0.08$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits