Civic Intelligence

Blue Springs Education Foundation

990 • Fiscal year 2017 • EIN 46-2948172

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

1801 NW Vesper StBlue Springs, MO 64015

(816) 224-1300

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

88th percentile

38%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

80th percentile

20%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

84th percentile

40%

Faster revenue growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,574,325

Up $259,347 (+20%) from 2016

Net Assets

Up

$1,574,325

Up $259,347 (+20%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$673,971

Up $192,187 (+40%) from 2016

Expenses

Up

$414,624

Up $111,141 (+37%) from 2016

Net Income

Up

$259,347

Up $81,046 (+45%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $1,067,809Liabilities 2014: $0Net Assets 2014: $1,067,8092014Assets 2015: $1,136,677Liabilities 2015: $0Net Assets 2015: $1,136,6772015Assets 2016: $1,314,978Liabilities 2016: $0Net Assets 2016: $1,314,9782016Assets 2017: $1,574,325Liabilities 2017: $0Net Assets 2017: $1,574,3252017Assets 2018: $1,723,168Liabilities 2018: $0Net Assets 2018: $1,723,1682018Assets 2019: $1,879,910Liabilities 2019: $0Net Assets 2019: $1,879,9102019Assets 2020: $2,012,549Liabilities 2020: $0Net Assets 2020: $2,012,5492020Assets 2021: $2,673,266Liabilities 2021: $0Net Assets 2021: $2,673,2662021Assets 2022: $2,300,833Liabilities 2022: $0Net Assets 2022: $2,300,8332022Assets 2023: $2,590,854Liabilities 2023: $0Net Assets 2023: $2,590,8542023Assets 2024: $2,990,107Liabilities 2024: $0Net Assets 2024: $2,990,1072024Assets 2025: $3,481,453Liabilities 2025: $0Net Assets 2025: $3,481,4532025

Highlighted filing

2017

Assets$1,574,325
Liabilities$0
Net Assets$1,574,325

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $506,819Expenses 2014: $318,083Net Income 2014: $188,7362014Revenue 2015: $386,907Expenses 2015: $320,094Net Income 2015: $66,8132015Revenue 2016: $481,784Expenses 2016: $303,483Net Income 2016: $178,3012016Revenue 2017: $673,971Expenses 2017: $414,624Net Income 2017: $259,3472017Revenue 2018: $546,276Expenses 2018: $397,433Net Income 2018: $148,8432018Revenue 2019: $553,173Expenses 2019: $396,431Net Income 2019: $156,7422019Revenue 2020: $593,980Expenses 2020: $461,341Net Income 2020: $132,6392020Revenue 2021: $1,142,973Expenses 2021: $482,256Net Income 2021: $660,7172021Revenue 2022: $106,430Expenses 2022: $447,375Net Income 2022: -$340,9452022Revenue 2023: $559,039Expenses 2023: $460,269Net Income 2023: $98,7702023Revenue 2024: $636,256Expenses 2024: $492,220Net Income 2024: $144,0362024Revenue 2025: $799,295Expenses 2025: $544,123Net Income 2025: $255,1722025

Highlighted filing

2017

Revenue$673,971
Expenses$414,624
Net Income$259,347
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$673,971
Mission and Program Overview

Mission

Our mission to enhance the excellent programs and instruction synonymous with the blue springs school district and provide assistance for student success in the k-12 student experience and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,300,941$1,567,132▲ $266,191
Cash and Non-Interest-Bearing Accounts$14,037$7,193▼ $6,844
Total Assets$1,314,978$1,574,325▲ $259,347
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$732,319$870,134▲ $137,815
Unrestricted Net Assets$526,619$601,212▲ $74,593
Temporarily Rstr Net Assets$56,040$102,979▲ $46,939
Total Net Assets Fund Balance$1,314,978$1,574,325▲ $259,347
Total Liabilities and Net Assets / Fund Balance$1,314,978$1,574,325▲ $259,347
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carman DuvallChairperson
Chris AryPast Chairpe
Scott FullertonVice Chairpe
Andrew ElliottBoard Member
Brad SiebBoard Member
Cara AngerBoard Member
Dale FalckBoard Member
Dave MacleanBoard Member
Deb OhnoutkaBoard Member
Jamie ConatyBoard Member
Jim FinleyBoard Member
Julius OswaldBoard Member
Karin MaybellBoard Member
Ken LoganBoard Member
Kent BradfordBoard Member
Lyle ShaverBoard Member
Mark WhitlowBoard Member
Pat HatleyBoard Member
Phil BartolottaBoard Member
Randy CastleBoard Member
Ron BakerBoard Member
Ted MeyerBoard Member
Trisha KennedyBoard Member
Lori MoonSecretary
Kirk SampsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$372,451
Program Service Revenue
$132,507
Investment Income
$169,013
Other Revenue
$0
All Other Contributions
$105,196
Change in Net Assets
$259,347
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$314,363
Salaries, Compensation, and Employee Benefits$55,358
Grants and Similar Amounts Paid$44,903
Total Fundraising Expense$5,160
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$44,903--$44,903
Current Officers, Directors, Trustees, and Key Employees$40,000--$40,000
Other Salaries and Wages$15,358--$15,358
Fees for Services Other$15,000--$15,000
Fees for Service Investment Mgmnt Fees-$13,222-$13,222
Other Expenses$279,751-$5,160$5,160
Conferences and Meetings-$1,230-$1,230
Total Functional Expenses$395,012$14,452$5,160$414,624
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Blue Springs School DistrictBlue Springs, MO--$44,903
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraisers$181,762---
Major Saver Car$85,493---
Total Events$267,255---
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
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
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
No

Governance Explanations

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

The form 990 will be given to the finance committee and made available for all board members. The finance committee will make the final approval before the filing.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is signed annually by the board members.

Form 990, Page 6, Part VI, Line 15A

Comparable wages in metro area.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Form 990, Part VII

Katie woolf is paid 40,000 from the foundation, and the rest of her salary and all benefits are paid by the blue springs school district.

Filing and Contact Details

Filer

Filer Name
Blue Springs Education Foundation
EIN
46-2948172
Phone
8162241300
Address
1801 NW VESPER ST, BLUE SPRINGS, MO 64015

Signing Officer

Name
Carman Duvall
Title
Chairperson
Phone
8162241300
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carman Duvall
Formed
2013
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
40

Preparer

Firm
Fullerton & Co LLC
Address
2001 NW JEFFERSON STREET, BLUE SPRINGS, MO 64015-6393
Preparer
Scott Fullerton CPA
Phone
8162244195
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission to enhance the excellent programs and instruction synonymous with the blue springs school district and provide assistance for student success in the k-12 student experience and beyond.

Form 990, Page 2, Part III, Line 4D

40,000 salary paid to key employee to facilitate grants, scholarships, and programs provided by the bsef.

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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0OUR MISSION TO ENHANCE THE EXCELLENT PROGRAMS AND INSTRUCTION SYNONYMOUS WITH THE BLUE SPRINGS SCHOOL DISTRICT AND PROVIDE ASSISTANCE FOR STUDENT SUCCESS IN THE K-12 STUDENT EXPERIENCE AND BEYOND.
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IRS990/NetAssetsOrFundBalancesEOYAmt01574325
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IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0GRANTS/SCHOLARSHIPS
IRS990/OtherExpensesGrp/Desc1SPRING INTO GIVING
IRS990/OtherExpensesGrp/FundraisingAmt05160
IRS990/OtherExpensesGrp/ProgramServicesAmt0279751
IRS990/OtherExpensesGrp/TotalAmt0279751
IRS990/OtherExpensesGrp/TotalAmt15160
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IRS990/OtherSalariesAndWagesGrp/TotalAmt015358
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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0870134
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IRS990/PrincipalOfficerNm0CARMAN DUVALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SCHOLARSHIPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0132507
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0132507
IRS990/ProgSrvcAccomActy2Grp/Desc0WEE BUS PROGRAM MOBILE COMPUTER LAB USED TO TAKE TECHNOLOGY TO THE STUDENTS. THIS BUS IS PARKED IN APARTMENT COMPLEXES, EXTENDED STAY MOTELS, ETC, WHERE STUDENTS MIGHT NOT HAVE ACCESS TO COMPUTERS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015358
IRS990/ProgSrvcAccomActyOtherGrp/Desc040,000 SALARY PAID TO KEY EMPLOYEE TO FACILITATE GRANTS, SCHOLARSHIPS, AND PROGRAMS PROVIDED BY THE BSEF.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt040000
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IRS990/PYRevenuesLessExpensesAmt0178301
IRS990/PYTotalExpensesAmt0303483
IRS990/PYTotalRevenueAmt0481784
IRS990/ReconcilationRevenueExpnssAmt0259347
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0181762
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0MAJOR SAVER CAR
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FUNDRAISERS
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0181762
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BLUE SPRINGS SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01801 NW VESPER
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BLUE SPRINGS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MO
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd064015
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION TO ENHANCE THE EXCELLENT PROGRAMS AND INSTRUCTION SYNONYMOUS WITH THE BLUE SPRINGS SCHOOL DISTRICT AND PROVIDE ASSISTANCE FOR STUDENT SUCCESS IN THE K-12 STUDENT EXPERIENCE AND BEYOND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt140,000 SALARY PAID TO KEY EMPLOYEE TO FACILITATE GRANTS, SCHOLARSHIPS, AND PROGRAMS PROVIDED BY THE BSEF.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WILL BE GIVEN TO THE FINANCE COMMITTEE AND MADE AVAILABLE FOR ALL BOARD MEMBERS. THE FINANCE COMMITTEE WILL MAKE THE FINAL APPROVAL BEFORE THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY IS SIGNED ANNUALLY BY THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPARABLE WAGES IN METRO AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6KATIE WOOLF IS PAID 40,000 FROM THE FOUNDATION, AND THE REST OF HER SALARY AND ALL BENEFITS ARE PAID BY THE BLUE SPRINGS SCHOOL DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0673971
IRS990/TotalVolunteersCnt040
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IRS990/USAddress/AddressLine1Txt024301 E TRUMAN ROAD
IRS990/USAddress/CityNm0INDEPENDENCE
IRS990/USAddress/StateAbbreviationCd0MO
IRS990/USAddress/ZIPCd064056
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