Civic Intelligence

Success in Education Foundation

990 • Fiscal year 2015 • EIN 45-3567196

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 19, 2016

Organization ProfileWWW.SIEUTAH.ORG
405 S Main Street Suite 1200Salt Lake City, UT 84111

(801) 257-3414

Siviq Scores

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

Liabilities / Assets

71st percentile

0.34x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

56th percentile

0.14x

Higher debt load relative to revenue than 56% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

66th percentile

9.3%

Higher net margin than 66% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

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.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

71st percentile

15%

Faster revenue growth than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$672,484

Up $151,207 (+29%) from 2014

Net Assets

Up

$444,049

Up $149,129 (+51%) from 2014

Liabilities

Up

$228,435

Up $2,078 (+0.9%) from 2014

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin66th percentile

Revenue

Up

$1,596,656

Up $205,319 (+15%) from 2014

Expenses

Down

$1,447,527

Down $86,597 (-5.6%) from 2014

Net Income

Up

$149,129

Up $291,916 (+204%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $440,816Liabilities 2012: $244,443Net Assets 2012: $196,3732012Assets 2013: $556,687Liabilities 2013: $440,980Net Assets 2013: $115,7072013Assets 2014: $521,277Liabilities 2014: $226,357Net Assets 2014: $294,9202014Assets 2015: $672,484Liabilities 2015: $228,435Net Assets 2015: $444,0492015Assets 2016: $794,435Liabilities 2016: $195,507Net Assets 2016: $598,9282016Assets 2017: $1,674,834Liabilities 2017: $675,078Net Assets 2017: $999,7562017Assets 2018: $1,454,070Liabilities 2018: $397,997Net Assets 2018: $1,056,0732018Assets 2019: $1,719,905Liabilities 2019: $432,696Net Assets 2019: $1,287,2092019Assets 2020: $2,174,463Liabilities 2020: $597,714Net Assets 2020: $1,576,7492020Assets 2021: $7,564,005Liabilities 2021: $747,987Net Assets 2021: $6,816,0182021Assets 2022: $6,961,359Liabilities 2022: $337,062Net Assets 2022: $6,624,2972022Assets 2023: $5,601,782Liabilities 2023: $259,160Net Assets 2023: $5,342,6222023Assets 2024: $5,009,401Liabilities 2024: $335,323Net Assets 2024: $4,674,0782024

Highlighted filing

2015

Assets$672,484
Liabilities$228,435
Net Assets$444,049
Open 2015 Filing

Operations Trend

Revenue Growth71st percentile

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

$10M$5.0M$0-$5.0MRevenue 2012: $572,870Expenses 2012: $376,497Net Income 2012: $196,3732012Expenses 2013: $971,0402013Revenue 2014: $1,391,337Expenses 2014: $1,534,124Net Income 2014: -$142,7872014Revenue 2015: $1,596,656Expenses 2015: $1,447,527Net Income 2015: $149,1292015Revenue 2016: $1,714,819Expenses 2016: $1,559,940Net Income 2016: $154,8792016Revenue 2017: $2,098,469Expenses 2017: $1,697,641Net Income 2017: $400,8282017Revenue 2018: $2,091,149Expenses 2018: $2,034,832Net Income 2018: $56,3172018Revenue 2019: $2,728,613Expenses 2019: $2,470,864Net Income 2019: $257,7492019Revenue 2020: $2,592,136Expenses 2020: $2,465,394Net Income 2020: $126,7422020Revenue 2021: $8,489,669Expenses 2021: $3,250,400Net Income 2021: $5,239,2692021Revenue 2022: $3,601,243Expenses 2022: $3,923,905Net Income 2022: -$322,6622022Revenue 2023: $3,510,674Expenses 2023: $4,792,349Net Income 2023: -$1,281,6752023Revenue 2024: $3,948,717Expenses 2024: $4,617,237Net Income 2024: -$668,5202024

Highlighted filing

2015

Revenue$1,596,656
Expenses$1,447,527
Net Income$149,129
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 19, 2016
Return Version
2014v6.0
Gross Receipts
$1,793,739
Mission and Program Overview

Mission

Promote excellence in education and help utah students prepare for post- secondary education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$406,101$445,457▲ $39,356
Accounts Receivable$70,000$201,628▲ $131,628
Pledges and Grants Receivable$39,150--
Inventories for Sale or Use-$17,420-
Prepaid Expenses and Deferred Charges$496--
Total Assets$521,277$672,484▲ $151,207
Other Assets Total$5,530$7,979▲ $2,449
Liabilities
Grants Payable$138,500$156,000▲ $17,500
Accounts Payable and Accrued Expenses$87,857$72,435▼ $15,422
Total Liabilities$226,357$228,435▲ $2,078
Net Assets / Fund Balance
Unrestricted Net Assets$115,420$283,680▲ $168,260
Temporarily Rstr Net Assets$179,500$160,369▼ $19,131
Total Net Assets Fund Balance$294,920$444,049▲ $149,129
Total Liabilities and Net Assets / Fund Balance$521,277$672,484▲ $151,207
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Robert H GarffChairman
Richard L FolkersonPresident/ex
Richard L FolkersonPresident/exec. Director
Chris M ZimmermanBoard Member
James J JardineBoard Member
Jesselie B AndersonBoard Member
Linda MariottiBoard Member
Nolan E KarrasBoard Member
Richard E KendallBoard Member
Lucy AndreSecretary
Howard LoweTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,521,059
Program Service Revenue
$0
Investment Income
$160
Other Revenue
$75,437
All Other Contributions
$1,491,209
Change in Net Assets
$149,129

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table23,121$545,987Redemption Percentage
Other Non Cash Contri Table150$111,000Cash Value
Total Noncash Contributions23,271$656,987-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,596,656
Revenue Not Reported on Form 990
$100,110
Total Revenue per Audited Statements
$1,696,766
Total Revenue per Form 990
$1,596,656
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$926,441
Salaries, Compensation, and Employee Benefits$312,205
Grants and Similar Amounts Paid$208,881
Total Fundraising Expense$20,352
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$187,999$52,273$4,766$245,038
Grants to Domestic Individuals$205,131--$205,131
Office Expenses$102,067$5,631$282$107,980
Current Officers, Directors, Trustees, and Key Employees$16,791$40,300$10,076$67,167
Fees for Services Other$29,095$11,907$500$41,502
Travel$11,151$4,300-$15,451
Grants to Domestic Orgs$3,750--$3,750
Advertising$1,847$865-$2,712
Insurance-$2,094-$2,094
Other Expenses$7,046$1,485$1,355$1,485
Total Functional Expenses$1,300,275$126,900$20,352$1,447,527

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,528,506
Expenses per Audited Statements$1,447,527
Total Expenses per Form 990$1,447,527
Expenses Not Reported on Form 990$80,979
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$272,520
Fundraising Direct Expenses$197,083
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fishing the Gre$178,020$159,520$120,153$39,367
All Fore One$124,350$113,000$13,040$99,960
Total Events$302,370$272,520$197,083$75,437
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
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
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 2

“Robert garff richard folkerson chairman president father-in-law”

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

“The board members receive copies of the audit report and the form 990. The form 990 is reconciled to the audited financial statements and reviewed by the officers of the foundation.”

Form 990, Page 6, Part VI, Line 19

“The organization's governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Success in Education Foundation
EIN
45-3567196
Phone
8012573414
Address
405 S MAIN STREET SUITE 1200, SALT LAKE CITY, UT 84111

Signing Officer

Name
Richard L Folkerson
Title
President/executive Director
Phone
8012573414
Signed
2016-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard L Folkerson
Formed
2012
Legal Domicile
Ut
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
325

Preparer

Firm
Mantyla Mcreynolds LLC
Address
178 S RIO GRANDE ST STE 200, SALT LAKE CITY, UT 84101
Preparer
Spencer Strickland CPA
Phone
8012691818
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The foundation believes it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Schedule D, Page 4, Part XI, Line 2D

“Net asset adjustment 19,131”

Raw XML AppendixShowing 400 of 455 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.

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IRS990/ProgSrvcAccomActy2Grp/Desc0KEYS TO SUCCESS: THE GOAL OF THE PROGRAM IS TO INSPIRE CHANGE IN STUDENTS' LIVES BY MOTIVATING, RECOGNIZING, AND REWARDING THEM FOR THEIR IMPROVEMENTS IN EDUCATIONAL PERFORMANCE. ACADEMIC SCHOLARSHIPS WERE AWARDED TO 223 STUDENTS DURING THE YEAR. THE PROGRAM ALSO SPONSORED 62 ASSEMBLIES, 5 TELEVISION EVENTS, AND 4 PUBLIC SERVICE ANNOUNCEMENTS PROMOTING EDUCATION. THE PROGRAM PROVIDED 62 GRAND PRIZES PLUS 5 OVERALL GRAND PRIZES FOR EXCEPTIONAL ACHIEVEMENT OF EDUCATIONAL RELATED GOALS. OVER 30,000 KEY CARDS, REDEEMABLE FOR PRIZES AND INCENTIVES WERE AWARDED AND REDEEMED. IT IS ESTIMATED THAT HUNDREDS OF THOUSANDS OF HIGH SCHOOL STUDENTS HAVE BENEFITED FROM THIS PROGRAM.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01014644
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0205131
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IRS990/PYOtherRevenueAmt0-123269
IRS990/PYProgramServiceRevenueAmt010100
IRS990/PYRevenuesLessExpensesAmt0-142787
IRS990/PYSalariesCompEmpBnftPaidAmt0336441
IRS990/PYTotalExpensesAmt01534124
IRS990/PYTotalRevenueAmt01391337
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IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0149129
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01596656
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01504340
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0798293
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0561748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04461037
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0160
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0130
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0456
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0462932
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt03634422
IRS990ScheduleA/SubstantialContributorsTotAmt0826615
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01596656
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01504340
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0798293
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0561748
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04461037
IRS990ScheduleA/TotalSupportAmt04461493
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt080979
IRS990ScheduleD/DonatedServicesUseFcltsAmt080979
IRS990ScheduleD/ExpensesNotReportedAmt080979
IRS990ScheduleD/ExpensesSubtotalAmt01447527
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherRevenueAmt019131
IRS990ScheduleD/RevenueNotReportedAmt0100110
IRS990ScheduleD/RevenueSubtotalAmt01596656
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1NET ASSET ADJUSTMENT 19,131
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/TotalExpensesPerForm990Amt01447527
IRS990ScheduleD/TotalRevenuePerForm990Amt01596656
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01696766
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01528506
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt019272
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt037973
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt057245
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt029850
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt011350
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0197083
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FISHING THE GRE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ALL FORE ONE
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt06434
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0211
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt06645
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0178020
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0124350
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0302370
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0159520
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0113000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0272520
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt075437
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0133193
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0120153
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013040
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt094131
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0111000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0TUITION CREDIT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0224
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECEIVES SCHOLARSHIP MONIES FROM VARIOUS CONTRIBUTORS AND EDUCATIONAL INSTITUTIONS. THESE MONIES ARE HELD AND CONTROLLED BY THE FOUNDATION UNTIL SUCH TIME AS THE SCHOLARSHIP IS AWARDED. WHEN THE SCHOLARSHIPS ARE AWARDED, THE FOUNDATION RECORDS THE SCHOLARSHIP PAYABLE. WHEN ALL THE TERMS HAVE BEEN FULFILLED, THE FOUNDATION RECEIVES DOCUMENTATION FROM THE EDUCATIONAL INSTITUTION THAT THE RECIPIENT HAS REGISTERED FOR CLASSES. PAYMENT IS THEN SENT DIRECTLY TO THE EDUCATIONAL INSTITUTION IN THE NAME OF THE SCHOLARSHIP RECIPIENT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0RICHARD L FOLKERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1LUCY ANDRE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2HOWARD LOWE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/EXEC. DIR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0COMPENSATION FROM UNRELATED ORGANIZATION: RICHARD L. FOLKERSON, THE PRESIDENT AND EXECUTIVE DIRECTOR OF THE ORGANIZATION, IS AN EMPLOYEE OF GARFF ENTERPRISES, AN UNRELATED ORGANIZATION. A PORTION OF HIS WAGES, FROM GARFF ENTERPRISES, ARE FOR SERVICES RENDERED TO THE ORGANIZATION. HOWARD LOWE, THE TREASURER OF THE ORGANIZATION, IS AN EMPLOYEE OF GARFF ENTERPRISES, AN UNRELATED ORGANIZATION. A PORTION OF HIS WAGES, FROM GARFF ENTERPRISES, ARE FOR SERVICES RENDERED TO THE ORGANIZATION. LUCY ANDRE, THE BOARD SECRETARY OF THE ORGANIZATION, IS AN EMPLOYEE OF GARFF ENTERPRISES, AN UNRELATED ORGANIZATION. THE ORGANIZATION REIMBURSED GARFF ENTERPRISES 67,167 FOR SERVICES RENDERED ON BEHALF OF MS. ANDRE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART III
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0150
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt123121
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0TUITION CREDITS
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1PRIZE VOUCHERS
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0CASH VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1REDEMPTION PERCENTAGE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0111000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt1545987
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROBERT GARFF RICHARD FOLKERSON CHAIRMAN PRESIDENT FATHER-IN-LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD MEMBERS RECEIVE COPIES OF THE AUDIT REPORT AND THE FORM 990. THE FORM 990 IS RECONCILED TO THE AUDITED FINANCIAL STATEMENTS AND REVIEWED BY THE OFFICERS OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0UT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0521277
IRS990/TotalAssetsEOYAmt0672484
IRS990/TotalAssetsGrp/BOYAmt0521277
IRS990/TotalAssetsGrp/EOYAmt0672484
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01521059
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt020352
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126900
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01300275
IRS990/TotalFunctionalExpensesGrp/TotalAmt01447527
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0226357
IRS990/TotalLiabilitiesEOYAmt0228435

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$672,484
Liabilities
$228,435
Net assets
$444,049
Revenue
$1,596,656
Expenses
$1,447,527
Net income
$149,129
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.01$0.34$4.67$3.95$4.62$0.67
2023Detailed filing. Detailed filing data is available for this year.$5.60$0.26$5.34$3.51$4.79$1.28
2022Detailed filing. Detailed filing data is available for this year.$6.96$0.34$6.62$3.60$3.92$0.32
2021Detailed filing. Detailed filing data is available for this year.$7.56$0.75$6.82$8.49$3.25$5.24
2020Detailed filing. Detailed filing data is available for this year.$2.17$0.60$1.58$2.59$2.47$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.72$0.43$1.29$2.73$2.47$0.26
2018Detailed filing. Detailed filing data is available for this year.$1.45$0.40$1.06$2.09$2.03$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.67$0.68$1.00$2.10$1.70$0.40
2016Detailed filing. Detailed filing data is available for this year.$0.79$0.20$0.60$1.71$1.56$0.15
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.23$0.44$1.60$1.45$0.15
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.23$0.29$1.39$1.53$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.44$0.12$0.97
2012Summary only. Only limited summary data is available for this year.$0.44$0.24$0.20$0.57$0.38$0.20