Civic Intelligence

Mitchell Foundation for Catholic Education

EIN 46-0425377 • 501(c)3 • Mitchell, SD

Profile

Promote catholic education for grades k-6.

221 E Third AveMitchell, SD 57301
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

85th percentile

39%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

9.0%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

13th percentile

-22%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,187,725

Up $97,877 (+9.0%) from 2017

Liabilities

Flat

$0

Flat from 2017

Net Assets

Up

$1,187,725

Up $97,877 (+9.0%) from 2017

Revenue

Down

$174,214

Down $48,906 (-22%) from 2017

Expenses

Down

$105,698

Down $42,308 (-29%) from 2017

Net Income

Down

$68,516

Down $6,598 (-8.8%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2011: $534,601Liabilities 2011: $0Net Assets 2011: $534,6012011Assets 2012: $520,329Liabilities 2012: $0Net Assets 2012: $520,3292012Assets 2013: $603,899Liabilities 2013: $0Net Assets 2013: $603,8992013Assets 2014: $854,811Liabilities 2014: $0Net Assets 2014: $854,8112014Assets 2015: $959,693Liabilities 2015: $0Net Assets 2015: $959,6932015Assets 2016: $978,705Liabilities 2016: $0Net Assets 2016: $978,7052016Assets 2017: $1,089,848Liabilities 2017: $0Net Assets 2017: $1,089,8482017Assets 2018: $1,187,725Liabilities 2018: $0Net Assets 2018: $1,187,7252018

Highlighted filing

2018

Assets$1,187,725
Liabilities$0
Net Assets$1,187,725

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0Revenue 2011: $97,741Expenses 2011: $75,459Net Income 2011: $22,2822011Revenue 2012: $92,790Expenses 2012: $82,738Net Income 2012: $10,0522012Revenue 2013: $161,893Expenses 2013: $89,945Net Income 2013: $71,9482013Revenue 2014: $378,416Expenses 2014: $178,841Net Income 2014: $199,5752014Revenue 2015: $238,454Expenses 2015: $133,572Net Income 2015: $104,8822015Revenue 2016: $239,048Expenses 2016: $203,361Net Income 2016: $35,6872016Revenue 2017: $223,120Expenses 2017: $148,006Net Income 2017: $75,1142017Revenue 2018: $174,214Expenses 2018: $105,698Net Income 2018: $68,5162018

Highlighted filing

2018

Revenue$174,214
Expenses$105,698
Net Income$68,516

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 7, 2018
Return Version
2017v2.3
Gross Receipts
$176,618
Mission and Program Overview

Mission

Promote catholic education for grades k-6.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$619,169$1,180,770▲ $561,601
Investments Program Related$456,425--
Cash and Non-Interest-Bearing Accounts$14,254$6,955▼ $7,299
Total Assets$1,089,848$1,187,725▲ $97,877
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$633,423$682,781▲ $49,358
Permanently Rstr Net Assets$456,425$502,438▲ $46,013
Unrestricted Net Assets-$2,506-
Total Net Assets Fund Balance$1,089,848$1,187,725▲ $97,877
Total Liabilities and Net Assets / Fund Balance$1,089,848$1,187,725▲ $97,877

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$579,487--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$456,425$46,013--$502,438
2016$387,638$68,787--$456,425
2015$350,058$37,580--$387,638
2014$294,313$55,745--$350,058
2013$87,384$206,929--$294,313
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Nicole FuhrerExecutive DirectorFT$3,936$3,936

Board Members and Trustees

NameTitle
Randy RezacPresident
Jodi WilsonVice President
Craig StuckyDirector
Joe KrallDirector
Mike LebrunDirector
Rev John ShortDirector
Rev Kenneth LulfDirector
Terry SabersDirector
Christine LemmerAdvisory Committee Member
Robin CahoyAdvisory Committee Member
Darrel AndersonSecretary
Debra BruceTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$112,695
Program Service Revenue
$0
Investment Income
$58,768
Other Revenue
$2,751
All Other Contributions
$106,715
Change in Net Assets
$68,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$65,750
Other Expenses$39,948
Total Fundraising Expense$2,405
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$63,750--$63,750
Fees for Services Management-$21,108-$21,108
Insurance$10,000--$10,000
Fees for Service Investment Mgmnt Fees-$3,380-$3,380
Grants to Domestic Individuals$2,000--$2,000
Office Expenses-$317-$317
Information Technology-$287-$287
Fees for Services Accounting-$250-$250
Advertising-$84-$84
Other Expenses$5$1,229$2,405$5
Total Functional Expenses$76,638$26,655$2,405$105,698
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
JOHN PAUL ll ELEMENTARY SCHOOLMitchell, SD501c3School Aid$53,617
Holy Family Catholic ChurchMitchell, SD501c3Faith Information$10,028
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$4,625
Fundraising Direct Expenses$2,404
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
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
Yes

Governance Explanations

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

Prior to filing, the board reviews 990, and votes on approval to file.

Form 990, Part VI, Section B, Line 19

The orgainization makes its governing documents and financial statements available to public upon request.

Filing and Contact Details

Filer

Filer Name
Mitchell Foundation for Catholic Education
EIN
46-0425377
Phone
6059999127
Address
221 E THIRD AVE, MITCHELL, SD 57301

Signing Officer

Name
Randy Rezac
Title
President
Signed
2018-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicole Fuhrer
Formed
1991
Legal Domicile
Sd
Voting Board Members
10
Independent Board Members
7
Employees
0

Preparer

Firm
Carlon & Millar Prof LLC
Address
PO BOX 399 201 E 4TH AVE, MITCHELL, SD 57301-0399
Preparer
Patrick J Carlon
Phone
6059966850
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0false
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/SupportedOrganizationsCnt02
IRS990ScheduleA/SupportedOrganizationsTotalCnt02
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt053617
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt110028
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JOHN PAUL II ELEMENTARY SCHOOL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1HOLY FAMILY CATHOLIC CHURCH
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0387638
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt068787
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0456425
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0350058
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IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0387638
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0294313
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IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0350058
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt087384
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0206929
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0294313
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0540995
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11056
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt259232
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3579487
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/OtherSecuritiesGrp/Desc2CATHOLIC FOUNDATION FOR EAST SD
IRS990ScheduleD/OtherSecuritiesGrp/Desc3STIFEL NICOLAUS ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/Desc4CATHOLIC DIOCESE EXPANSION FD
IRS990ScheduleD/OtherSecuritiesGrp/Desc5FAMILY ENDORSMENT FUNDS
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IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
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IRS990ScheduleI/RecipientTable/CashGrantAmt053617
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IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501C3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOOL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FAITH INFORMATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0JOHN PAUL ll ELEMENTARY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1HOLY FAMILY CATHOLIC CHURCH
IRS990ScheduleI/RecipientTable/RecipientEIN0960396774
IRS990ScheduleI/RecipientTable/RecipientEIN1960396774
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01501 W ELM
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt11501 W ELM
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MITCHELL
IRS990ScheduleI/RecipientTable/USAddress/CityNm1MITCHELL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0SD
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd057301
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd157301
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT RECIPIENTS TO THE BOARD AND EXECUTIVE DIRECTOR ON A REGULAR BASIS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/TotalOtherOrgCnt02

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