Civic Intelligence

Pcs Endowment

990 • Fiscal year 2019 • EIN 45-5027788

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 02, 2020

611 West Market StAkron, OH 44303

(330) 996-4600

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,555,115

Up $29,508 (+1.9%) from 2018

Net Assets

Up

$1,547,434

Up $21,827 (+1.4%) from 2018

Liabilities

Up

$7,681

Up $7,681 from 2018

Revenue And Expenses

Revenue

Up

$165,085

Up $126,603 (+329%) from 2018

Expenses

Up

$64,228

Up $35,239 (+122%) from 2018

Net Income

Up

$100,857

Up $91,364 (+962%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2012: $1,395,947Liabilities 2012: $0Net Assets 2012: $1,395,9472012Assets 2013: $1,394,053Liabilities 2013: $0Net Assets 2013: $1,394,0532013Assets 2014: $1,407,951Liabilities 2014: $0Net Assets 2014: $1,407,9512014Assets 2015: $1,420,009Liabilities 2015: $0Net Assets 2015: $1,420,0092015Assets 2016: $1,408,006Liabilities 2016: $9,773Net Assets 2016: $1,398,2332016Assets 2017: $1,481,057Liabilities 2017: $0Net Assets 2017: $1,481,0572017Assets 2018: $1,525,607Liabilities 2018: $0Net Assets 2018: $1,525,6072018Assets 2019: $1,555,115Liabilities 2019: $7,681Net Assets 2019: $1,547,4342019Assets 2020: $1,563,709Liabilities 2020: $0Net Assets 2020: $1,563,7092020Assets 2021: $1,855,095Liabilities 2021: $0Net Assets 2021: $1,855,0952021Assets 2022: $1,722,825Liabilities 2022: $0Net Assets 2022: $1,722,8252022Assets 2023: $1,862,912Liabilities 2023: $0Net Assets 2023: $1,862,9122023Assets 2024: $2,100,342Liabilities 2024: $0Net Assets 2024: $2,100,3422024

Highlighted filing

2019

Assets$1,555,115
Liabilities$7,681
Net Assets$1,547,434

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2012: $36Expenses 2012: $2,252Net Income 2012: -$2,2162012Revenue 2013: $18,131Expenses 2013: $11,543Net Income 2013: $6,5882013Revenue 2014: $53,173Expenses 2014: $17,433Net Income 2014: $35,7402014Revenue 2015: $18,500Expenses 2015: $8,556Net Income 2015: $9,9442015Revenue 2016: -$16,910Expenses 2016: $2,800Net Income 2016: -$19,7102016Revenue 2017: $32,914Expenses 2017: $25,785Net Income 2017: $7,1292017Revenue 2018: $38,482Expenses 2018: $28,989Net Income 2018: $9,4932018Revenue 2019: $165,085Expenses 2019: $64,228Net Income 2019: $100,8572019Revenue 2020: $86,753Expenses 2020: $21,232Net Income 2020: $65,5212020Revenue 2021: $343,435Expenses 2021: $24,286Net Income 2021: $319,1492021Revenue 2022: $39,666Expenses 2022: $21,029Net Income 2022: $18,6372022Revenue 2023: $62,823Expenses 2023: $20,950Net Income 2023: $41,8732023Revenue 2024: $50,732Expenses 2024: $21,374Net Income 2024: $29,3582024

Highlighted filing

2019

Revenue$165,085
Expenses$64,228
Net Income$100,857
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 2, 2020
Return Version
2018v3.1
Gross Receipts
$1,135,488
Mission and Program Overview

Mission

To support pastoral counseling service of summit county.

To provide financial support to pastoral counseling service of summit county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,525,607$1,547,434▲ $21,827
Investments in Publicly Traded Securities$1,013,753$1,073,085▲ $59,332
Land, Buildings, and Equipment, Net$480,498$467,646▼ $12,852
Savings and Temporary Cash Investments$31,356$14,384▼ $16,972
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,525,607$1,555,115▲ $29,508
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$7,681▲ $7,681
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$7,681▲ $7,681
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,525,607$1,547,434▲ $21,827
Total Liabilities and Net Assets / Fund Balance$1,525,607$1,555,115▲ $29,508

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$467,646$38,141$505,787

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,525,607$215▲ $85,840$47,900$1,547,431
2018$1,481,057-▲ $73,539-$1,525,607
2017$1,398,233-▲ $108,609-$1,481,057
2016$1,420,009-▼ $18,976-$1,398,233
2015$1,407,951-▲ $20,614-$1,420,009
Compensation and Service Providers

Board Members and Trustees

NameTitle
Derrick KimbleBoard President
Bryon ArledgeBoard Member
Leon HowardBoard Member
Mark WillisBoard Member
Thomas ClarkBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$215
Program Service Revenue
$0
Investment Income
$124,870
Other Revenue
$40,000
All Other Contributions
$215
Change in Net Assets
$100,857
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$47,900
Other Expenses$16,328
Total Fundraising Expense$103
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$47,900--$47,900
Depreciation Depletion$11,155$1,615$81$12,851
Other Expenses$3,021$434$22$3,477
Total Functional Expenses$62,076$2,049$103$64,228
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11:

Explanation: the 990 is presented to the board for review prior to filing.

FORM 990, PART VI, SECTION C, LINE 19:

Explanation: documents available upon request

Form 990, Part VI, Section B, Line 15

Adm guidelines were reviewed and elca salary compensation guide was reviewed in determining

Filing and Contact Details

Filer

Filer Name
PCS Endowment
EIN
45-5027788
In Care Of
% MEGAN KLEIDON
Phone
3309964600
Address
611 West Market St, Akron, OH 44303

Signing Officer

Name
Megan Kleidon
Title
CEO
Phone
3309964600
Signed
2020-03-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Megan Kleidon
Formed
2012
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
David M Reape CPA
Phone
2168311200
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4 :

Explanation: to provide financial support to pastoral counseling service of summit county.

Part X, line 2

PCS Endowment IS exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code. Accounting principles generally accepted in the United States of America, require the Organization's management to evaluate tax positions taken by the Organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would be sustained upon examination by the IRS. The Organization's management has analyzed the tax positions taken by the Organization and has concluded that as of June 30, 2019 there are no uncertain positions taken or expected to be taken, that would require recognition of a liability or disclosure in the financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

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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/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01547434
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031356
IRS990/SavingsAndTempCashInvstGrp/EOYAmt014384
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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0RED OAK BEHAVIORAL HEALTH
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IRS990ScheduleA/SupportingOrgType1Ind0X
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IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt038141
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0505787
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0215
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IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt085840
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt047900
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt028989
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01481057
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01525607
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt073539
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt025785
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01398233
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01481057
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0108609
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt02800
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01420009
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01398233
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-18976
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt08556
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01407951
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01420009
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt020614
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EXPLANATION: TO PROVIDE FINANCIAL SUPPORT TO PASTORAL COUNSELING SERVICE OF SUMMIT COUNTY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PCS Endowment IS exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code. Accounting principles generally accepted in the United States of America, require the Organization's management to evaluate tax positions taken by the Organization and recognize a tax liability if the organization has taken an uncertain position that more likely than not would be sustained upon examination by the IRS. The Organization's management has analyzed the tax positions taken by the Organization and has concluded that as of June 30, 2019 there are no uncertain positions taken or expected to be taken, that would require recognition of a liability or disclosure in the financial statements. The Organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4 :
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0467646
IRS990ScheduleD/TotalLiabilityAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPLANATION: THE 990 IS PRESENTED TO THE BOARD FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPLANATION: DOCUMENTS AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADM GUIDELINES WERE REVIEWED AND ELCA SALARY COMPENSATION GUIDE WAS REVIEWED IN DETERMINING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RED OAK BEHAVIORAL HEALTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341282145
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) 3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0COUNSELING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0AKRON
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IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt047900
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt140000
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Red Oak Behavioral Health
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Red Oak Behavioral Health
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
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IRS990/SchoolOperatingInd0false
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IRS990/StatesWhereCopyOfReturnIsFldCd0OH

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