Civic Intelligence

The Mullen High School Foundation Inc

990 • Fiscal year 2016 • EIN 45-3844774

Aug 01, 2015 to Jul 31, 2016 • Filed on Dec 15, 2016

3601 S Lowell BlvdDenver, CO 80236

(303) 761-1764

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

2nd percentile

-145%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

93rd percentile

$143,636

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 181.6% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

11th percentile

-17%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

11th percentile

-30%

Faster revenue growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$547,864

Down $114,349 (-17%) from 2015

Net Assets

Down

$547,864

Down $114,349 (-17%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$79,115

Down $34,100 (-30%) from 2015

Expenses

Down

$193,464

Down $109,584 (-36%) from 2015

Net Income

Up

-$114,349

Up $75,484 (+40%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2012: $77,045Liabilities 2012: $13,6282012Assets 2013: $591,173Liabilities 2013: $1,300Net Assets 2013: $589,8732013Assets 2014: $855,502Liabilities 2014: $3,445Net Assets 2014: $852,0572014Assets 2015: $662,213Liabilities 2015: $0Net Assets 2015: $662,2132015Assets 2016: $547,864Liabilities 2016: $0Net Assets 2016: $547,8642016Assets 2017: $854,798Liabilities 2017: $300,000Net Assets 2017: $554,7982017Assets 2018: $761,667Liabilities 2018: $179,500Net Assets 2018: $582,1672018Assets 2019: $712,757Liabilities 2019: $179,500Net Assets 2019: $533,2572019Assets 2020: $624,106Liabilities 2020: $159,500Net Assets 2020: $464,6062020Assets 2021: $529,396Liabilities 2021: $159,500Net Assets 2021: $369,8962021

Highlighted filing

2016

Assets$547,864
Liabilities$0
Net Assets$547,864

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $77,045Expenses 2012: $13,628Net Income 2012: $63,4172012Revenue 2013: $558,786Expenses 2013: $16,230Net Income 2013: $542,5562013Revenue 2014: $288,691Expenses 2014: $26,507Net Income 2014: $262,1842014Revenue 2015: $113,215Expenses 2015: $303,048Net Income 2015: -$189,8332015Revenue 2016: $79,115Expenses 2016: $193,464Net Income 2016: -$114,3492016Revenue 2017: $423,749Expenses 2017: $416,815Net Income 2017: $6,9342017Revenue 2018: $108,464Expenses 2018: $68,995Net Income 2018: $39,4692018Revenue 2019: $17,259Expenses 2019: $64,169Net Income 2019: -$46,9102019Revenue 2020: $3,630Expenses 2020: $72,281Net Income 2020: -$68,6512020Revenue 2021: $1,346Expenses 2021: $96,056Net Income 2021: -$94,7102021

Highlighted filing

2016

Revenue$79,115
Expenses$193,464
Net Income-$114,349
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Dec 15, 2016
Return Version
2015v2.1
Gross Receipts
$79,115
Mission and Program Overview

Mission

To create a sustainable legacy in direct support of the educational mission of j.k. Mullen high school. Faith in the presence of god, concern for the poor and social justice, respect for all persons, quality education, and inclusive community.

To create a sustainable legacy in direct support of the educational mission of j.k. Mullen hs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$422,209$423,309▲ $1,100
Pledges and Grants Receivable$199,378$124,555▼ $74,823
Total Assets$662,213$547,864▼ $114,349
Other Assets Total$40,626$0▼ $40,626
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$484,523$472,479▼ $12,044
Unrestricted Net Assets$177,690$75,385▼ $102,305
Total Net Assets Fund Balance$662,213$547,864▼ $114,349
Total Liabilities and Net Assets / Fund Balance$662,213$547,864▼ $114,349
Compensation and Service Providers

Employees

NameTitleOtherTotal
Carl UnreinDirector$143,636$143,636

Board Members and Trustees

NameTitle
Kathryn BarrettPresident
Blake HutchisonVice President
Buck HutchisonDirector
Chris MartinezDirector
David FatovichDirector
JOE O'DEADirector
Jeff CaseDirector
John SchwappachDirector
Mark WardDirector
Paul FergusonDirector
Peter MaloneDirector
Robert BrennanDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$78,536
Program Service Revenue
$0
Investment Income
$579
Other Revenue
$0
All Other Contributions
$78,536
Change in Net Assets
$-114,349

Audited Revenue Reconciliation

Revenue per Audited Statements
$79,115
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$36,991
Total Revenue per Audited Statements
$116,106
Total Revenue per Form 990
$79,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$120,181
Other Expenses$73,283
Total Fundraising Expense$3,573
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$120,181--$120,181
Fees for Services Accounting-$6,900-$6,900
Advertising--$3,388$3,388
Other Expenses$40,626$1,076$185$185
Total Functional Expenses$160,807$29,084$3,573$193,464

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$230,455
Expenses per Audited Statements$193,464
Total Expenses per Form 990$193,464
Expenses Not Reported on Form 990$36,991
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jk Mullen High SchoolDenver, CO501(c)3General Purpose$120,181
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
Audit committee
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, Part VI, Section A, Line 2

Blake hutchison and buck hutchison have a family relationship

Form 990, Part VI, Section B, Line 11

A complete copy of form 990 is made available via pdf to all board of trustees before filing.

Form 990, Part VI, Section B, Line 12C

During initial orientation for new board members and periodically throughout the year, the conflict of interest policy is reviewed with the board members. Each year board members are required to affirm if there are any conflicts. Board members regularly recuse themselves from voting on matters where a potential conflict may or does exist.

Form 990, Part VI, Section B, Line 15

No compensation is paid to board members for their service to the foundation.

Form 990, Part VI, Section C, Line 19

The foundation does not make its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.

Filing and Contact Details

Filer

Filer Name
Mullen High School Foundation
EIN
45-3844774
Phone
3037611764
Address
3601 S LOWELL BLVD, DENVER, CO 80236

Signing Officer

Name
Kathryn Barrett
Title
President
Phone
3037611764
Signed
2016-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathryn Barrett
Formed
2011
Legal Domicile
Co
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Eks&h Lllp
Address
7979 E TUFTS AVENUE SUITE 400, DENVER, CO 80237-2521
Preparer
Dori J Eggett
Phone
3037409400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The foundation applies a more-likely-than-not measurement methodology to reflect the financial statement impact of uncertain tax positions taken or expected to be taken in a tax return. After evaluating the tax positions taken, none are considered to be uncertain; therefore, no amounts have been recognized as of july 31, 2016. If incurred, interest and penalties associated with tax positions would be recorded in the period assessed as miscellaneous administrative expense. No interest or penalties have been assessed as of july 31, 2016.

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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JK MULLEN HS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0120181
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/DonatedServicesUseFcltsAmt036991
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IRS990ScheduleD/FootnoteTextInd0X
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IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt079115
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF JULY 31, 2016. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS WOULD BE RECORDED IN THE PERIOD ASSESSED AS MISCELLANEOUS ADMINISTRATIVE EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF JULY 31, 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt079115
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IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0120181
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GENERAL PURPOSE
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IRS990ScheduleI/RecipientTable/USAddress/CityNm0DENVER
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CO
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL EXPENDITURES OF THE SUPPORTED ORGANIZATION ARE REVIEWED DURING THE MONTHLY BOARD MEETING. ONCE APPROVED, EXPENSES ARE PAID BY CHECKS REQUIRING THE SIGNATURE OF THE PRESIDENT AND AN ADDITIONAL BOARD MEMBER. THESE EXPENSES ARE TRACKED AND REVIEWED IN MONTHLY FINANCIAL STATEMENTS, SCHEDULE OF CASH ACTIVITY, AND SUMMARY OF FOUNDATION MONIES BY FUND.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I LINE 1
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BLAKE HUTCHISON AND BUCK HUTCHISON HAVE A FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMPLETE COPY OF FORM 990 IS MADE AVAILABLE VIA PDF TO ALL BOARD OF TRUSTEES BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING INITIAL ORIENTATION FOR NEW BOARD MEMBERS AND PERIODICALLY THROUGHOUT THE YEAR, THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD MEMBERS. EACH YEAR BOARD MEMBERS ARE REQUIRED TO AFFIRM IF THERE ARE ANY CONFLICTS. BOARD MEMBERS REGULARLY RECUSE THEMSELVES FROM VOTING ON MATTERS WHERE A POTENTIAL CONFLICT MAY OR DOES EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO COMPENSATION IS PAID TO BOARD MEMBERS FOR THEIR SERVICE TO THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
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IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 2
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
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IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
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IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0662213
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt029084
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0160807
IRS990/TotalFunctionalExpensesGrp/TotalAmt0193464
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0662213
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IRS990/TotalOtherCompensationAmt019174
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IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0579
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt079115
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
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