Civic Intelligence

St Michael Community Education Endowment Fund Inc

990 • Fiscal year 2020 • EIN 41-1790330

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 15, 2021

Organization Profile
4890 Mayer Ave NESt Michael, MN 55376

(763) 497-7817

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.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

100th percentile

263%

Higher net margin than 100% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

19th percentile

-3.3%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$1,114,166

Down $38,533 (-3.3%) from 2019

Net Assets

Down

$1,114,166

Down $38,533 (-3.3%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$31,033

Down $165,913 (-123%) from 2019

Expenses

Up

$50,495

Up $12,988 (+35%) from 2019

Net Income

Down

-$81,528

Down $178,901 (-184%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$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

2020

Assets$1,114,166
Liabilities$0
Net Assets$1,114,166
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue-$31,033
Expenses$50,495
Net Income-$81,528
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 15, 2021
Return Version
2020v4.0
Gross Receipts
$682,723
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$1,044,782$599,143▼ $445,639
Savings and Temporary Cash Investments$107,917$515,023▲ $407,106
Total Assets$1,152,699$1,114,166▼ $38,533
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,152,699$1,114,166▼ $38,533
Total Net Assets Fund Balance$1,152,699$1,114,166▼ $38,533
Total Liabilities and Net Assets / Fund Balance$1,152,699$1,114,166▼ $38,533

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$599,143--
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Brian BrunerPresident
Steve HouseDirector
Kevin RosePast Preside
Steve SustacekSecretary
Linda G BorchardtTreasurer
Leroy LindenfelserV Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$568
Program Service Revenue
$0
Investment Income
$-31,601
Other Revenue
$0
All Other Contributions
$568
Change in Net Assets
$-81,528

Audited Revenue Reconciliation

Revenue per Audited Statements
$-31,033
Total Revenue per Audited Statements
$-31,033
Total Revenue per Form 990
$-31,033
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$45,300
Other Expenses$5,195
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$45,300--$45,300
Fees for Service Investment Mgmnt Fees$3,743--$3,743
Fees for Services Accounting-$1,400-$1,400
Office Expenses-$52-$52
Total Functional Expenses$49,043$1,452$0$50,495

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$50,495
Total Expenses per Audited Statements$50,495
Total Expenses per Form 990$50,495
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Michael Catholic SchoolSt Michael, MN-Cash Donation-annual$30,300
St Michael Catholic SchoolSt Michael, MN-Matching Grant Reqst$15,000
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Treas & AccountAcctg Svc & 990 PrepNo$1,400
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 leroy lindenfelser 9896 85th st ne monticello, mn 55362 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 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
2021-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda G Borchardt
Formed
1991
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

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 will implement a policy for a reserve fund for years of "down" markets - allowing a donation to the school, without dipping into principle dollars.”

Raw XML Appendix339 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE 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.
IRS990/AllOtherContributionsAmt0568
IRS990/BooksInCareOfDetail/PersonNm0LINDA G BORCHARDT
IRS990/BooksInCareOfDetail/PhoneNum06122091258
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04890 MAYER AVE NE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ST MICHAEL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055376
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0568
IRS990/CYGrantsAndSimilarPaidAmt045300
IRS990/CYInvestmentIncomeAmt0-31601
IRS990/CYOtherExpensesAmt05195
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-81528
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt050495
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-31033
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE ENDOWMENT FUND PAYS FOR ACCOUNTING SERVICES AND INVESTMENT FEES ANNUALLY ; ALL IN ADMINISTRATIVE FUNCTION OF THE ORGANIZATION. THESE ADMINISTRATIVE EXPENSES ARE ORDINARY AND NECESSARY EXPENSES IN OUR EFFORTS TO PROVIDE FINANCIAL SUPPORT TO THE LOCAL CATHOLIC SCHOOL VIA OUR INVESTMENT INCOME.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt03743
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01400
IRS990/FeesForServicesAccountingGrp/TotalAmt01400
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt03743
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03743
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt23.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0STEVE HOUSE
IRS990/Form990PartVIISectionAGrp/PersonNm1KEVIN ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDA G BORCHARDT
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN BRUNER
IRS990/Form990PartVIISectionAGrp/PersonNm4LEROY LINDENFELSER
IRS990/Form990PartVIISectionAGrp/PersonNm5STEVE SUSTACEK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PAST PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4V PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-51457
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt045300
IRS990/GrantsToDomesticOrgsGrp/TotalAmt045300
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0662299
IRS990/GrossReceiptsAmt0682723
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt019856
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt019856
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01044782
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0599143
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0713756
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01152699
IRS990/NetAssetsOrFundBalancesEOYAmt01114166
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-51457
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-51457
IRS990/NetUnrlzdGainsLossesInvstAmt042995
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01152699
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01114166
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt052
IRS990/OfficeExpensesGrp/TotalAmt052
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LINDA G BORCHARDT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0IF 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 WILL IMPLEMENT A POLICY FOR A RESERVE FUND FOR YEARS OF "DOWN" MARKETS - ALLOWING A DONATION TO THE SCHOOL, WITHOUT DIPPING INTO PRINCIPLE DOLLARS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt045300
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt045300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt094967
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt030000
IRS990/PYInvestmentIncomeAmt039913
IRS990/PYOtherExpensesAmt07507
IRS990/PYRevenuesLessExpensesAmt097373
IRS990/PYTotalExpensesAmt037507
IRS990/PYTotalRevenueAmt0134880
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-81528
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0107917
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0515023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt094967
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02261
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt028050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02109
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0127955
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019856
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036080
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036463
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt032585
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0158380
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0195325
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.44690
IRS990ScheduleA/PublicSupportPY170Pct00.43700
IRS990ScheduleA/PublicSupportTotal170Amt0127955
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt094967
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02261
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt028050
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt02109
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0127955
IRS990ScheduleA/TotalSupportAmt0286335
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt050495
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0599143
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0PROGRAM RELATED INVESTMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueSubtotalAmt0-31033
IRS990ScheduleD/TotalBookValueProgramRltdAmt0599143
IRS990ScheduleD/TotalExpensesPerForm990Amt050495
IRS990ScheduleD/TotalRevenuePerForm990Amt0-31033
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-31033
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt050495
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt030300
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CASH DONATION-ANNUAL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1MATCHING GRANT REQST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ST MICHAEL CATHOLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1ST MICHAEL CATHOLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0ST MICHAEL CATHOLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt1ST MICHAEL CATHOLIC SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0410707799
IRS990ScheduleI/RecipientTable/RecipientEIN1410707799
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt011300 FRANKFORT PARKWAY NE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt111300 FRANKFORT PARKWAY NE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0ST MICHAEL
IRS990ScheduleI/RecipientTable/USAddress/CityNm1ST MICHAEL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055376
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd155376
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0LINDA B PEGGY S SCHUMM CPA
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine2Txt0PEGGY S SCHUMM CPA LTD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0TREAS & ACCOUNT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01400
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0ACCTG SVC & 990 PREP
IRS990/ScheduleORequiredInd0true
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 WILL IMPLEMENT A POLICY FOR A RESERVE FUND FOR YEARS OF "DOWN" MARKETS - ALLOWING A DONATION TO THE SCHOOL, WITHOUT DIPPING INTO PRINCIPLE DOLLARS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3KEVIN ROSE 8801 30TH ST NE ST MICHAEL, MN 55376 LEROY LINDENFELSER 9896 85TH ST NE MONTICELLO, MN 55362 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 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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01152699
IRS990/TotalAssetsEOYAmt01114166
IRS990/TotalAssetsGrp/BOYAmt01152699
IRS990/TotalAssetsGrp/EOYAmt01114166
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0568
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01452
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt049043
IRS990/TotalFunctionalExpensesGrp/TotalAmt050495
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01152699
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01114166
IRS990/TotalOtherProgSrvcExpenseAmt045300
IRS990/TotalOtherProgSrvcGrantAmt045300
IRS990/TotalProgramServiceExpensesAmt049043
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-31601
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-31033
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01152699
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01114166
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04890 MAYER AVE NE
IRS990/USAddress/CityNm0ST MICHAEL
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055376
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LINDA G BORCHARDT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07634977817
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-15
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
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055376
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/PreparationDt02021-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA G BORCHARDT
ReturnHeader/ReturnTs02021-02-15T20:11:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LINDA G
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BORCHARDT
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,114,166
Liabilities
$0
Net assets
$1,114,166
Revenue
-$31,033
Expenses
$50,495
Net income
-$81,528
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