Civic Intelligence

St Michael Community Education Endowment Fund Inc

EIN 41-1790330 • 501(c)3 • St Michael, MN

Profile

Provide financial assistance to local k thru 8 catholic school. Note: grade 8 added in fall 2012. Hoping to lessen financial burden on individual families by providing funds to purchase technology or other academic needs deemed necessary by staff, to excel in educating children.

4890 Mayer Ave NESt Michael, MN 55376
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

1st percentile

-81552%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

60th percentile

7.4%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-83%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets19th percentile

Assets

Up

$1,230,460

Up $84,714 (+7.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,230,460

Up $84,714 (+7.4%) from 2023

Operations
Liabilities / Revenue20th percentileNet Margin1st percentile

Revenue

Down

$56

Down $270 (-83%) from 2023

Expenses

Up

$45,725

Up $5,555 (+14%) from 2023

Net Income

Down

-$45,669

Down $5,825 (-15%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $811,540Liabilities 2010: $0Net Assets 2010: $811,5402010Assets 2011: $847,271Liabilities 2011: $0Net Assets 2011: $847,2712011Assets 2012: $895,607Liabilities 2012: $0Net Assets 2012: $895,6072012Assets 2013: $944,772Liabilities 2013: $0Net Assets 2013: $944,7722013Assets 2014: $951,095Liabilities 2014: $0Net Assets 2014: $951,0952014Assets 2015: $917,936Liabilities 2015: $0Net Assets 2015: $917,9362015Assets 2016: $976,121Liabilities 2016: $0Net Assets 2016: $976,1212016Assets 2017: $1,062,941Liabilities 2017: $0Net Assets 2017: $1,062,9412017Assets 2018: $947,871Liabilities 2018: $0Net Assets 2018: $947,8712018Assets 2019: $1,152,699Liabilities 2019: $0Net Assets 2019: $1,152,6992019Assets 2020: $1,114,166Liabilities 2020: $0Net Assets 2020: $1,114,1662020Assets 2021: $1,169,358Liabilities 2021: $0Net Assets 2021: $1,169,3582021Assets 2022: $1,034,642Liabilities 2022: $0Net Assets 2022: $1,034,6422022Assets 2023: $1,145,746Liabilities 2023: $0Net Assets 2023: $1,145,7462023Assets 2024: $1,230,460Liabilities 2024: $0Net Assets 2024: $1,230,4602024

Highlighted filing

2024

Assets$1,230,460
Liabilities$0
Net Assets$1,230,460
Open 2024 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $131,561Expenses 2010: $9,781Net Income 2010: $121,7802010Expenses 2011: $29,9412011Expenses 2012: $23,9192012Revenue 2013: $118,918Expenses 2013: $69,753Net Income 2013: $49,1652013Revenue 2014: $68,172Expenses 2014: $61,849Net Income 2014: $6,3232014Revenue 2015: $7,591Expenses 2015: $40,750Net Income 2015: -$33,1592015Revenue 2016: $71,832Expenses 2016: $13,391Net Income 2016: $58,4412016Revenue 2017: $137,976Expenses 2017: $51,156Net Income 2017: $86,8202017Revenue 2018: $91,070Expenses 2018: $64,219Net Income 2018: $26,8512018Revenue 2019: $134,880Expenses 2019: $37,507Net Income 2019: $97,3732019Revenue 2020: -$31,033Expenses 2020: $50,495Net Income 2020: -$81,5282020Revenue 2021: $2,770Expenses 2021: $64,715Net Income 2021: -$61,9452021Revenue 2022: $264Expenses 2022: $34,670Net Income 2022: -$34,4062022Revenue 2023: $326Expenses 2023: $40,170Net Income 2023: -$39,8442023Revenue 2024: $56Expenses 2024: $45,725Net Income 2024: -$45,6692024

Highlighted filing

2024

Revenue$56
Expenses$45,725
Net Income-$45,669
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$1,230,460
Liabilities
$0
Net assets
$1,230,460
Revenue
$56
Expenses
$45,725
Net income
-$45,669
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.00$0.05$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.00$0.04$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.00$0.03$0.03
2021Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.00$0.06$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.03$0.05$0.08
2019Detailed filing. Detailed filing data is available for this year.$1.15$0.00$1.15$0.13$0.04$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.09$0.06$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.14$0.05$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.98$0.07$0.01$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.01$0.04$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.07$0.06$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.12$0.07$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.90$0.00$0.90$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.00$0.85$0.03
2010Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.13$0.01$0.12
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.0
Gross Receipts
$56
Mission and Program Overview

Mission

Provide financial assistance to local pre-k thru 8 catholic school. Hoping to lessen financial burden on individual families by providing funds to purchase technology or other academic needs deemed necessary by staff, to excel in educating children in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,142,514$1,227,197▲ $84,683
Savings and Temporary Cash Investments$3,232$3,263▲ $31
Total Assets$1,145,746$1,230,460▲ $84,714
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,145,746$1,230,460▲ $84,714
Total Net Assets Fund Balance$1,145,746$1,230,460▲ $84,714
Total Liabilities and Net Assets / Fund Balance$1,145,746$1,230,460▲ $84,714

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$1,227,197--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Brian BrunerPresident
Steve HouseDirector
Steve SustacekSecretary
Linda G BorchardtTreasurer
Kevin RoseVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$50
Program Service Revenue
$0
Investment Income
$6
Other Revenue
$0
All Other Contributions
$50
Change in Net Assets
$-45,669

Audited Revenue Reconciliation

Revenue per Audited Statements
$56
Total Revenue per Audited Statements
$56
Total Revenue per Form 990
$56
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,700
Other Expenses$25
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$45,700--$45,700
Office Expenses-$25-$25
Total Functional Expenses$45,700$25$0$45,725

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$45,725
Total Expenses per Audited Statements$45,725
Total Expenses per Form 990$45,725
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Michael Catholic SchoolSt Michael, MN-Cash Donation-annual$45,700
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
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
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 9

“Kevin rose 8801 30th st ne st michael, mn 55376 brian bruner 10191 30th st ne st michael, mn 55376 steve sustacek 605 tealwood ln nw st michael, mn 55376 steve house 10350 34th pl ne st michael, mn 55376”

Form 990, Page 6, Part VI, Line 11B

“Treasurer prepares and files form 990. All numbers tie to income & expense reports which tie to bank and financial reports from outside sources. Reviewed by members of board or the public at request.”

Form 990, Page 6, Part VI, Line 19

“The st michael community educational endowment fund inc makes its governing documents and financial statements available at the current work-space office of its treasurer: 750 central ave ne ste 201, st michael, mn. This office is open at least 32 hours per week year round. Upon request appointments can be made to view or receive copies of necessary documents.”

Filing and Contact Details

Filer

Filer Name
St Michael Community Education
EIN
41-1790330
Phone
7634977817
Address
4890 MAYER AVE NE, ST MICHAEL, MN 55376

Signing Officer

Name
Linda G Borchardt
Title
Treasurer
Phone
7634977817
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Bruner
Formed
1991
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Peggy S Schumm CPA Ltd
Address
750 CENTRAL AVE E SUITE 201, SAINT MICHAEL, MN 55376-4585
Preparer
Linda G Borchardt
Phone
7634977817
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Provide financial assistance to local pre-k thru 8 catholic school. Hoping to lessen financial burden on individual families by providing funds to purchase technology or other academic needs deemed necessary by staff, to excel in educating children in our community.”

Form 990, Page 1, Part I, Line 6

“Volunteers are active board members: attending meetings, making decisions.”

Form 990, Page 2, Part III, Line 4D

“If investment results allow, the endowment fund makes an annual contribution to the st michael catholic school. Our by-laws read: up to 95% of investment income may be given annually. Beginning 2017 the board implemented a policy for a reserve fund for years of "down" markets - allowing a donation to the school, without dipping into principle dollars. Effective 8/2019 moved 96% of our funds into catholic united financial foundation, investing in ave maria mutual funds (funds vetted to align with catholic values). Effective 02/2024 the board changed giving/grant policy to equal 4% of our year-end cuff fund balance (to nearest 100).”

Raw XML Appendix312 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
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
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IRS990/FundraisingActivitiesInd0false
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IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt045700
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
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IRS990ScheduleD/ExpensesSubtotalAmt045725
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01227197
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PROGRAM RELATED INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueSubtotalAmt056
IRS990ScheduleD/TotalBookValueProgramRltdAmt01227197
IRS990ScheduleD/TotalExpensesPerForm990Amt045725
IRS990ScheduleD/TotalRevenuePerForm990Amt056
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt056
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt045725
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IRS990ScheduleI/RecipientTable/CashGrantAmt045700
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CASH DONATION-ANNUAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ST MICHAEL CATHOLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0ST MICHAEL CATHOLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0410707799
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt011300 FRANKFORT PARKWAY NE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ST MICHAEL
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055376
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt0PEGGY S SCHUMM CPA LTD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TREAS & ACCOUNT
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ACCTG SVC & 990 PREP
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDE FINANCIAL ASSISTANCE TO LOCAL PRE-K THRU 8 CATHOLIC SCHOOL. HOPING TO LESSEN FINANCIAL BURDEN ON INDIVIDUAL FAMILIES BY PROVIDING FUNDS TO PURCHASE TECHNOLOGY OR OTHER ACADEMIC NEEDS DEEMED NECESSARY BY STAFF, TO EXCEL IN EDUCATING CHILDREN IN OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VOLUNTEERS ARE ACTIVE BOARD MEMBERS: ATTENDING MEETINGS, MAKING DECISIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF INVESTMENT RESULTS ALLOW, THE ENDOWMENT FUND MAKES AN ANNUAL CONTRIBUTION TO THE ST MICHAEL CATHOLIC SCHOOL. OUR BY-LAWS READ: UP TO 95% OF INVESTMENT INCOME MAY BE GIVEN ANNUALLY. BEGINNING 2017 THE BOARD IMPLEMENTED A POLICY FOR A RESERVE FUND FOR YEARS OF "DOWN" MARKETS - ALLOWING A DONATION TO THE SCHOOL, WITHOUT DIPPING INTO PRINCIPLE DOLLARS. EFFECTIVE 8/2019 MOVED 96% OF OUR FUNDS INTO CATHOLIC UNITED FINANCIAL FOUNDATION, INVESTING IN AVE MARIA MUTUAL FUNDS (FUNDS VETTED TO ALIGN WITH CATHOLIC VALUES). EFFECTIVE 02/2024 THE BOARD CHANGED GIVING/GRANT POLICY TO EQUAL 4% OF OUR YEAR-END CUFF FUND BALANCE (TO NEAREST 100).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEVIN ROSE 8801 30TH ST NE ST MICHAEL, MN 55376 BRIAN BRUNER 10191 30TH ST NE ST MICHAEL, MN 55376 STEVE SUSTACEK 605 TEALWOOD LN NW ST MICHAEL, MN 55376 STEVE HOUSE 10350 34TH PL NE ST MICHAEL, MN 55376
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TREASURER PREPARES AND FILES FORM 990. ALL NUMBERS TIE TO INCOME & EXPENSE REPORTS WHICH TIE TO BANK AND FINANCIAL REPORTS FROM OUTSIDE SOURCES. REVIEWED BY MEMBERS OF BOARD OR THE PUBLIC AT REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ST MICHAEL COMMUNITY EDUCATIONAL ENDOWMENT FUND INC MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE AT THE CURRENT WORK-SPACE OFFICE OF ITS TREASURER: 750 CENTRAL AVE NE STE 201, ST MICHAEL, MN. THIS OFFICE IS OPEN AT LEAST 32 HOURS PER WEEK YEAR ROUND. UPON REQUEST APPOINTMENTS CAN BE MADE TO VIEW OR RECEIVE COPIES OF NECESSARY DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01145746
IRS990/TotalAssetsEOYAmt01230460
IRS990/TotalAssetsGrp/BOYAmt01145746
IRS990/TotalAssetsGrp/EOYAmt01230460
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IRS990/TotalEmployeeCnt00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt045700
IRS990/TotalFunctionalExpensesGrp/TotalAmt045725
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01145746
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01230460
IRS990/TotalOtherProgSrvcExpenseAmt045700
IRS990/TotalOtherProgSrvcGrantAmt045700
IRS990/TotalProgramServiceExpensesAmt045700
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt06
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt056
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01145746
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01230460
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0ST MICHAEL
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA G BORCHARDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07634977817
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ST MICHAEL COMMUNITY EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ENDOWMENT FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0STMI
ReturnHeader/Filer/EIN0411790330
ReturnHeader/Filer/PhoneNum07634977817
ReturnHeader/Filer/USAddress/AddressLine1Txt04890 MAYER AVE NE
ReturnHeader/Filer/USAddress/CityNm0ST MICHAEL
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0261366978
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PEGGY S SCHUMM CPA LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0750 CENTRAL AVE E SUITE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAINT MICHAEL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0553764585
ReturnHeader/PreparerPersonGrp/PhoneNum07634977817
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA G BORCHARDT
ReturnHeader/ReturnTs02025-11-17T13:39:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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