Civic Intelligence

Go for Catholic Schools Inc.

990 • Fiscal year 2020 • EIN 45-5517541

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

PO Box 52820Tulsa, OK 74152

(918) 928-2950

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

Higher debt load relative to assets than 17% of similar nonprofits.

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

Liabilities / Revenue

17th percentile

0.00x

Higher debt load relative to revenue than 17% of similar nonprofits.

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

Net Margin

98th percentile

92%

Higher net margin than 98% 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.

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

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

Asset Growth

92nd percentile

89%

Faster asset growth than 92% of similar nonprofits.

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

Revenue Growth

34th percentile

-9.1%

Faster revenue growth than 34% of similar nonprofits.

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

Assets

Up

$2,266,258

Up $1,066,800 (+89%) from 2019

Net Assets

Up

$2,264,768

Up $1,065,310 (+89%) from 2019

Liabilities

Up

$1,490

Up $1,490 from 2019

Revenue

Down

$1,156,661

Down $116,077 (-9.1%) from 2019

Expenses

Down

$97,326

Down $969,115 (-91%) from 2019

Net Income

Up

$1,059,335

Up $853,038 (+413%) from 2019

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: $58,439Liabilities 2012: $02012Assets 2013: $256,655Liabilities 2013: $0Net Assets 2013: $256,6552013Assets 2014: $274,244Liabilities 2014: $0Net Assets 2014: $274,2442014Assets 2015: $319,944Liabilities 2015: $0Net Assets 2015: $319,9442015Assets 2016: $523,411Liabilities 2016: $0Net Assets 2016: $523,4112016Assets 2017: $773,214Liabilities 2017: $0Net Assets 2017: $773,2142017Assets 2018: $993,161Liabilities 2018: $0Net Assets 2018: $993,1612018Assets 2019: $1,199,458Liabilities 2019: $0Net Assets 2019: $1,199,4582019Assets 2020: $2,266,258Liabilities 2020: $1,490Net Assets 2020: $2,264,7682020Assets 2021: $1,021,091Liabilities 2021: $4,408Net Assets 2021: $1,016,6832021Assets 2022: $874,942Liabilities 2022: $782Net Assets 2022: $874,1602022Assets 2023: $130,619Liabilities 2023: $2,874Net Assets 2023: $127,7452023

Highlighted filing

2020

Assets$2,266,258
Liabilities$1,490
Net Assets$2,264,768

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2012: $58,439Expenses 2012: $0Net Income 2012: $58,4392012Revenue 2013: $261,068Expenses 2013: $62,852Net Income 2013: $198,2162013Revenue 2014: $283,838Expenses 2014: $266,249Net Income 2014: $17,5892014Revenue 2015: $346,822Expenses 2015: $301,122Net Income 2015: $45,7002015Revenue 2016: $550,086Expenses 2016: $351,938Net Income 2016: $198,1482016Revenue 2017: $819,598Expenses 2017: $569,795Net Income 2017: $249,8032017Revenue 2018: $982,725Expenses 2018: $765,852Net Income 2018: $216,8732018Revenue 2019: $1,272,738Expenses 2019: $1,066,441Net Income 2019: $206,2972019Revenue 2020: $1,156,661Expenses 2020: $97,326Net Income 2020: $1,059,3352020Revenue 2021: $165,422Expenses 2021: $1,421,688Net Income 2021: -$1,256,2662021Revenue 2022: $31,750Expenses 2022: $174,273Net Income 2022: -$142,5232022Revenue 2023: $33,035Expenses 2023: $125,614Net Income 2023: -$92,5792023

Highlighted filing

2020

Revenue$1,156,661
Expenses$97,326
Net Income$1,059,335
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,156,661
Mission and Program Overview

Mission

Provide scholarships to attend Catholic Schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,199,458$2,264,768▲ $1,065,310
Savings and Temporary Cash Investments$249,011$1,347,840▲ $1,098,829
Cash and Non-Interest-Bearing Accounts$924,349$799,046▼ $125,303
Investments in Publicly Traded Securities$26,098$42,321▲ $16,223
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,199,458$2,266,258▲ $1,066,800
Other Assets Total$0$77,051▲ $77,051
Liabilities
Accounts Payable and Accrued Expenses-$1,490-
Total Liabilities$0$1,490▲ $1,490
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,199,458$2,264,768▲ $1,065,310
Total Liabilities and Net Assets / Fund Balance$1,199,458$2,266,258▲ $1,066,800
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rev Gary KastlChairman and President
Rev Matthew GerlachVice President and Assistant Treasurer
Jeffrey BushVice President and Secretary
Fran FlemingDirector
Rick MustoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,065,649
Program Service Revenue
$0
Investment Income
$887
Other Revenue
$90,125
All Other Contributions
$1,065,649
Change in Net Assets
$1,059,335
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$53,490
Other Expenses$43,836
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$53,490--$53,490
Fees for Services Management$30,000--$30,000
Advertising$4,298--$4,298
Office Expenses$1,529--$1,529
Information Technology$938--$938
Travel$172--$172
Fees for Services Other$131--$131
Other Expenses$16--$16
Conferences and Meetings$15--$15
Total Functional Expenses$97,326$0$0$97,326
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mark RossFormer Director/officerIn 2017, the Organization Entered Into an Agreement With a Company Controlled by the Former Officer/director to Provide Substantial Sgo and Business Management Services. at the Time the Agreement Was Being Considered, the Independent Board of Directors Conducted a Special Review to Ensure That the Agreement Was Reasonable and Fair to the Organization and That the Process and Substance of Such Review Would Satisfy the Rebuttable Presumption of Reasonableness. Compensation Due Under the Management Services Agreement Is Paid by a Donor-advised Fund That Is Separate From the Organization.Yes$99,890
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

YES

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees.

Form 990, Part VI, Section B, Line 11B

A draft copy of the form 990 is provided to all board members by email for review prior to filing.

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

The conflict of interest policy is reviewed by the board in a meeting each year with the stipulation that directors and officers are required to disclose any current or prospective interests that could possibly give rise to conflicts for discussion, review and analysis.

Form 990, Part VI, Section B, Line 15A

No officers or employees of the organization are compensated; rather, a management company provides sgo and business management services to the organization pursuant to an agreement that the board of directors independently reviewed and approved.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Go for Catholic Schools Inc
EIN
45-5517541
Phone
9189282950
Address
PO BOX 52820, TULSA, OK 74152

Signing Officer

Name
Jeffrey Bush
Title
President
Phone
9189282950
Signed
2021-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Allen
Formed
2012
Legal Domicile
Ok
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Eide Bailly Llp
Address
810 S CINCINNATI AVE STE 600, TULSA, OK 74119-1623
Preparer
Chandra Foster CPA
Phone
9187485000
Raw XML Appendix378 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/Desc0THE ORGANIZATION PROVIDED SCHOLARSHIPS TOTALING APPROXIMATELY $1,047,440 TO STUDENTS AND FAMILIES WITH DEMONSTRATED FINANCIAL NEED DURING THE ACADEMIC YEAR FROM AUGUST 2019 TO MAY 2020, BASED UPON FUNDRAISING IN CALENDAR YEAR 2019. DUE TO COVID-19 AND CHALLENGES IN GETTING COMPLETE AND ACCURATE DATA FROM THE CATHOLIC SCHOOLS OFFICE OF THE DIOCESE OF TULSA IN THE FORMAT REQUESTED TO FACILITATE SCHOLARSHIP AWARDS TO MEET STATUTORY REQUIREMENTS, AWARDING OF SCHOLARSHIPS FOR SCHOOL YEAR 2020-21 WAS DELAYED FOR STUDENTS AND FAMILIES OF ALL CATHOLIC SCHOOLS UNTIL LATE JANUARY 2021. THE ORGANIZATION HAS TAKEN STEPS TO AVOID HAVING TO RELY UPON THE DIOCESE OF TULSA OR THE CATHOLIC SCHOOLS OFFICE IN THE FUTURE FOR ANY SUCH DATA. THE ORGANIZATION RAISED A TOTAL OF APPROXIMATELY $1,100,000 IN CALENDAR YEAR 2020 TO FUND SCHOLARSHIPS FOR THE SCHOOL YEAR COMMENCING IN AUGUST 2021.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT AND SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990ScheduleD/DonorAdvisedFundsGrantsAmt00
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt01473398
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt053490
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0MARK ROSS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FORMER DIRECTOR/OFFICER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt099890
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0IN 2017, THE ORGANIZATION ENTERED INTO AN AGREEMENT WITH A COMPANY CONTROLLED BY THE FORMER OFFICER/DIRECTOR TO PROVIDE SUBSTANTIAL SGO AND BUSINESS MANAGEMENT SERVICES. AT THE TIME THE AGREEMENT WAS BEING CONSIDERED, THE INDEPENDENT BOARD OF DIRECTORS CONDUCTED A SPECIAL REVIEW TO ENSURE THAT THE AGREEMENT WAS REASONABLE AND FAIR TO THE ORGANIZATION AND THAT THE PROCESS AND SUBSTANCE OF SUCH REVIEW WOULD SATISFY THE REBUTTABLE PRESUMPTION OF REASONABLENESS. COMPENSATION DUE UNDER THE MANAGEMENT SERVICES AGREEMENT IS PAID BY A DONOR-ADVISED FUND THAT IS SEPARATE FROM THE ORGANIZATION.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS BY EMAIL FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD IN A MEETING EACH YEAR WITH THE STIPULATION THAT DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CURRENT OR PROSPECTIVE INTERESTS THAT COULD POSSIBLY GIVE RISE TO CONFLICTS FOR DISCUSSION, REVIEW AND ANALYSIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OFFICERS OR EMPLOYEES OF THE ORGANIZATION ARE COMPENSATED; RATHER, A MANAGEMENT COMPANY PROVIDES SGO AND BUSINESS MANAGEMENT SERVICES TO THE ORGANIZATION PURSUANT TO AN AGREEMENT THAT THE BOARD OF DIRECTORS INDEPENDENTLY REVIEWED AND APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01199458
IRS990/TotalAssetsEOYAmt02266258
IRS990/TotalAssetsGrp/BOYAmt01199458
IRS990/TotalAssetsGrp/EOYAmt02266258
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01065649
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt097326
IRS990/TotalFunctionalExpensesGrp/TotalAmt097326
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt01490
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01490
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01199458
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02264768
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt097326
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0887
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt090125
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01156661
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01199458
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02266258
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0172
IRS990/TravelGrp/TotalAmt0172
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 52820
IRS990/USAddress/CityNm0TULSA
IRS990/USAddress/StateAbbreviationCd0OK
IRS990/USAddress/ZIPCd074152
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFFREY BUSH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09189282950
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GO FOR CATHOLIC SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0GOFO
ReturnHeader/Filer/EIN0455517541
ReturnHeader/Filer/PhoneNum09189282950
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 52820
ReturnHeader/Filer/USAddress/CityNm0TULSA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OK
ReturnHeader/Filer/USAddress/ZIPCd074152
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0450250958
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EIDE BAILLY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0810 S CINCINNATI AVE STE 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TULSA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0741191623
ReturnHeader/PreparerPersonGrp/PhoneNum09187485000
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHANDRA FOSTER CPA
ReturnHeader/ReturnTs02021-11-15T12:00:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFFREY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BUSH
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.00$0.13$0.03$0.13$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.03$0.17$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.02$0.00$1.02$0.17$1.42$1.26
2020Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.26$1.16$0.10$1.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.00$1.20$1.27$1.07$0.21
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.98$0.77$0.22
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.00$0.77$0.82$0.57$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.00$0.52$0.55$0.35$0.20
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.35$0.30$0.05
2014Summary only. Only limited summary data is available for this year.$0.27$0.00$0.27$0.28$0.27$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.26$0.06$0.20
2012Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.00$0.06