Civic Intelligence

The Drexel Fund

990 • Fiscal year 2019 • EIN 46-5768451

Jul 01, 2018 to Jun 30, 2019 • Filed on May 13, 2020

Organization ProfileWWW.DREXELFUND.ORG
135 W Wells Street No 100Milwaukee, WI 53203

(617) 778-8110

Siviq Scores

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

Liabilities / Assets

85th percentile

0.75x

Higher debt load relative to assets than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

1.61x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

22nd percentile

-7.6%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

87th percentile

$280,113

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

67th percentile

9.3%

Faster asset growth than 67% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$9,385,438

Up $795,773 (+9.3%) from 2018

Net Assets

Down

$2,329,928

Down $334,067 (-13%) from 2018

Liabilities

Up

$7,055,510

Up $1,129,840 (+19%) from 2018

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin22nd percentile

Revenue

Down

$4,393,125

Down $1,842,501 (-30%) from 2018

Expenses

Down

$4,727,192

Down $1,068,162 (-18%) from 2018

Net Income

Down

-$334,067

Down $774,339 (-176%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth67th percentile

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

$30M$20M$10M$0Assets 2015: $445,366Liabilities 2015: $02015Assets 2016: $4,654,225Liabilities 2016: $2,242,525Net Assets 2016: $2,411,7002016Assets 2017: $5,131,880Liabilities 2017: $2,908,157Net Assets 2017: $2,223,7232017Assets 2018: $8,589,665Liabilities 2018: $5,925,670Net Assets 2018: $2,663,9952018Assets 2019: $9,385,438Liabilities 2019: $7,055,510Net Assets 2019: $2,329,9282019Assets 2020: $15,503,287Liabilities 2020: $2,254,468Net Assets 2020: $13,248,8192020Assets 2021: $18,531,220Liabilities 2021: $970,936Net Assets 2021: $17,560,2842021Assets 2022: $18,444,694Liabilities 2022: $774,812Net Assets 2022: $17,669,8822022Assets 2023: $17,453,395Liabilities 2023: $1,223,001Net Assets 2023: $16,230,3942023Assets 2024: $21,553,287Liabilities 2024: $1,763,806Net Assets 2024: $19,789,4812024

Highlighted filing

2019

Assets$9,385,438
Liabilities$7,055,510
Net Assets$2,329,928
Open 2019 Filing

Operations Trend

Revenue Growth10th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $175,929Expenses 2015: $251,886Net Income 2015: -$75,9572015Revenue 2016: $5,723,226Expenses 2016: $3,768,618Net Income 2016: $1,954,6082016Revenue 2017: $3,212,150Expenses 2017: $3,400,127Net Income 2017: -$187,9772017Revenue 2018: $6,235,626Expenses 2018: $5,795,354Net Income 2018: $440,2722018Revenue 2019: $4,393,125Expenses 2019: $4,727,192Net Income 2019: -$334,0672019Revenue 2020: $10,554,023Expenses 2020: $4,425,130Net Income 2020: $6,128,8932020Revenue 2021: $8,522,964Expenses 2021: $4,211,499Net Income 2021: $4,311,4652021Revenue 2022: $3,582,861Expenses 2022: $3,474,341Net Income 2022: $108,5202022Revenue 2023: $5,246,410Expenses 2023: $3,490,193Net Income 2023: $1,756,2172023Revenue 2024: $9,256,327Expenses 2024: $5,722,240Net Income 2024: $3,534,0872024

Highlighted filing

2019

Revenue$4,393,125
Expenses$4,727,192
Net Income-$334,067
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 13, 2020
Return Version
2018v3.1
Gross Receipts
$4,393,125
Mission and Program Overview

Mission

The drexel fund is a venture philanthropy fund that invests and partners in the growth of high quality, financially sustainable networks of faith based and other private schools.

The drexel fund is a venture philanthropy fund that invests a partners in the growth of high quality, financially sustainable networks of faith based and other private schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$5,850,500$6,623,887▲ $773,387
Investments in Publicly Traded Securities$2,088,987$2,381,581▲ $292,594
Savings and Temporary Cash Investments$254,394$340,589▲ $86,195
Cash and Non-Interest-Bearing Accounts$395,784$39,381▼ $356,403
Total Assets$8,589,665$9,385,438▲ $795,773
Liabilities
Grants Payable$5,895,000$7,020,000▲ $1,125,000
Accounts Payable and Accrued Expenses$30,670$23,108▼ $7,562
Deferred Revenue-$12,402-
Total Liabilities$5,925,670$7,055,510▲ $1,129,840
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$2,559,667-
Unrestricted Net Assets$2,663,995$-229,739▼ $2,893,734
Total Net Assets Fund Balance$2,663,995$2,329,928▼ $334,067
Total Liabilities and Net Assets / Fund Balance$8,589,665$9,385,438▲ $795,773
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John EriksenManaging TrusteeFT$247,656$32,457$280,113
Abigail SchumwingerPartnerFT$196,015$44,186$240,201
Courtney Collins ShapiroPartnerFT$207,200$20,738$227,938
William OlsenDirectorFT$143,675$42,229$185,904
Elizabeth J BrownCFOPT$56,087$4,694$60,781

Board Members and Trustees

NameTitle
Bj CassinChairman
Christopher WilsonTrustee
Darla RomfoTrustee
Dr Daniel ScogginTrustee
Michael MessnerTrustee
Nick HowleyTrustee
Darren JacksonSecretary
Thomas J HealeyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,336,857
Program Service Revenue
$0
Investment Income
$55,140
Other Revenue
$1,128
All Other Contributions
$4,336,857
Change in Net Assets
$-334,067

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,393,125
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,393,125
Total Revenue per Form 990
$4,393,125
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,124,500
Salaries, Compensation, and Employee Benefits$1,133,423
Other Expenses$469,269
Total Fundraising Expense$89,077
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,602,500--$2,602,500
Other Salaries and Wages$519,286$102,083-$621,369
Grants to Domestic Individuals$522,000--$522,000
Current Officers, Directors, Trustees, and Key Employees$249,282$29,000$72,500$350,782
Fees for Services Other$132,255--$132,255
Other Expenses$114,307--$114,307
Travel$94,423-$13,759$108,182
Pension Plan Contributions$52,865$10,212-$63,077
Payroll Taxes$43,090$9,177$2,818$55,085
Conferences and Meetings$47,321--$47,321
Other Employee Benefits$29,315$13,795-$43,110
Office Expenses-$21,527-$21,527
Information Technology-$18,212-$18,212
Fees for Services Accounting-$14,160-$14,160
Royalties-$7,153-$7,153
Insurance-$6,152-$6,152
Total Functional Expenses$4,406,644$231,471$89,077$4,727,192

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,727,192
Total Expenses per Audited Statements$4,727,192
Total Expenses per Form 990$4,727,192
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lutheran Urban Mission Initiative IncMilwaukee, WI501(c)(3)Private School Funding$450,000
Seton Education PartnersCincinnati, OH501(c)(3)Private School Funding$450,000
Cristo Rey Jesuit High School MilwaukeeW Milwaukee, WI501(c)(3)Private School Funding$312,500
Cristo Rey St Viator Las Vegas College PreparatoryNorth Las Vegas, NV501(c)(3)Private School Funding$300,000
Bader Hillel High IncMilwaukee, WI501(c)(3)Private School Funding$230,000
Academy Prep FoundationSaint Petersburg, FL501(c)(3)Private School Funding$200,000
Cristo Rey NetworkChicago, IL501(c)(3)Private School Funding$175,000
Garden Christian AcademyCleveland, OH501(c)(3)Private School Funding$150,000
Mercy Education System of the AmericasSilver Spring, MD501(c)(3)Private School Funding$100,000
Cristo Rey Atlanta Jesuit High SchoolAtlanta, GA501(c)(3)Private School Funding$50,000
Fox Flower Montessori SchoolAsheville, NC501(c)(3)Private School Funding$45,000
Hawthorn Montessori SchoolAsheville, NC501(c)(3)Private School Funding$45,000
Azalea Montessori SchoolCincinnati, OH501(c)(3)Private School Funding$40,000
Impact Christian SchoolMadison, WI501(c)(3)Private School Funding$25,000
Ignite AcademyOdessa, FL501(c)(3)Private School Funding$18,000
The Julie Billiart NetworkAkron, OH501(c)(3)Private School Funding$12,000
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
Yes
Other officer compensation reviewed
Yes
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 B, Line 11B

“The drexel fund has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate when the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service. It is provided to the members of the organization governing body for any comments prior to its submission, the governing body is provided a reasonable amount of time to review the form 990. Any comments are then grouped, summarized an provided through management to the outside accounting firm any applicable issues are addressed until the return is finalized and approved for filing.”

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

“The drexel fund currently has in place a conflict of interest policy which it regularly monitors and enforces. The board mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist if a potential or actual conflict of interest exists, governing body and management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time that there is no longer a conflict.”

Form 990, Part VI, Section B, Line 15

“The compensation of the organizations officers or key employees is reviewed and approved by the board of trustees an independent body.”

Form 990, Part VI, Section C, Line 19

“The drexel fund makes its form 990 available for public inspection as required under section 6104 of the internal revenue service code upon written request at the organizations office at 135 west wells street suite 100, milwaukee, wi 53203. In addition form 1023 as well as the financial statements, and conflict of interest policy are available upon written request at the organization office at west wells street suite 100, milwaukee, wi 53203”

Filing and Contact Details

Filer

Filer Name
The Drexel Fund
EIN
46-5768451
Phone
6177788110
Address
135 W WELLS STREET NO 100, MILWAUKEE, WI 53203

Signing Officer

Name
John Eriksen
Title
Managing Trustee
Phone
6177788110
Signed
2020-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Eriksen
Formed
2015
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
8
Employees
6
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
8215 GREENWAY BOULEVARD SUITE 600, MIDDLETON, WI 53562
Preparer
Kimberly Anderson
Phone
6086628600
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization has been determined to be a charitable organization as defined under section 501(c)(3) of the internal revenue code (irc), and, as such, is exempt from federal income taxes. The organization is also exempt from state income taxes. Management analyzed the requirement for accounting for uncertain tax positions. The organization determined that it was not required to record a liability related to uncertain tax positions as june 30, 2019.”

Raw XML AppendixShowing 400 of 664 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/InformationTechnologyGrp/TotalAmt018212
IRS990/InsuranceGrp/ManagementAndGeneralAmt06152
IRS990/InsuranceGrp/TotalAmt06152
IRS990/InvestmentIncomeGrp/ExclusionAmt055140
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt055140
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02088987
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02381581
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE DREXEL FUND IS A VENTURE PHILANTHROPY FUND THAT INVESTS AND PARTNERS IN THE GROWTH OF HIGH QUALITY, FINANCIALLY SUSTAINABLE NETWORKS OF FAITH BASED ON OTHER PRIVATE SCHOOLS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02663995
IRS990/NetAssetsOrFundBalancesEOYAmt02329928
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01128
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01128
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021527
IRS990/OfficeExpensesGrp/TotalAmt021527
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt013795
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt029315
IRS990/OtherEmployeeBenefitsGrp/TotalAmt043110
IRS990/OtherExpensesGrp/Desc0GRANT EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt0114307
IRS990/OtherExpensesGrp/TotalAmt0114307
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0102083
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0519286
IRS990/OtherSalariesAndWagesGrp/TotalAmt0621369
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02818
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09177
IRS990/PayrollTaxesGrp/ProgramServicesAmt043090
IRS990/PayrollTaxesGrp/TotalAmt055085
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010212
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt052865
IRS990/PensionPlanContributionsGrp/TotalAmt063077
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt05850500
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06623887
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JOHN ERIKSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06211434
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04431113
IRS990/PYInvestmentIncomeAmt024022
IRS990/PYOtherExpensesAmt0329475
IRS990/PYOtherRevenueAmt0170
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0440272
IRS990/PYSalariesCompEmpBnftPaidAmt01034766
IRS990/PYTotalExpensesAmt05795354
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06235626
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-334067
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt01128
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt07153
IRS990/RoyaltiesGrp/TotalAmt07153
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0254394
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0340589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04336857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06211434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03196661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt05710000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0175000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt019629952
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt056268
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt024022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01775
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0929
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt084825
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0170
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03016
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt011395
IRS990ScheduleA/OtherIncome170Grp/TotalAmt014581
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61460
IRS990ScheduleA/PublicSupportTotal170Amt012125474
IRS990ScheduleA/SubstantialContributorsTotAmt07504478
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04336857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06211434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03196661
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt05710000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0175000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt019629952
IRS990ScheduleA/TotalSupportAmt019729358
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04727192
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04393125
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN DETERMINED TO BE A CHARITABLE ORGANIZATION AS DEFINED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC), AND, AS SUCH, IS EXEMPT FROM FEDERAL INCOME TAXES. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAXES. MANAGEMENT ANALYZED THE REQUIREMENT FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS JUNE 30, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04727192
IRS990ScheduleD/TotalRevenuePerForm990Amt04393125
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04393125
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04727192
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0522000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FOUNDER'S GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/RecipientTable/CashGrantAmt0175000
IRS990ScheduleI/RecipientTable/CashGrantAmt1312500
IRS990ScheduleI/RecipientTable/CashGrantAmt2450000
IRS990ScheduleI/RecipientTable/CashGrantAmt350000
IRS990ScheduleI/RecipientTable/CashGrantAmt4300000
IRS990ScheduleI/RecipientTable/CashGrantAmt518000
IRS990ScheduleI/RecipientTable/CashGrantAmt6150000
IRS990ScheduleI/RecipientTable/CashGrantAmt740000
IRS990ScheduleI/RecipientTable/CashGrantAmt8230000
IRS990ScheduleI/RecipientTable/CashGrantAmt925000
IRS990ScheduleI/RecipientTable/CashGrantAmt1012000
IRS990ScheduleI/RecipientTable/CashGrantAmt11450000
IRS990ScheduleI/RecipientTable/CashGrantAmt12100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1345000
IRS990ScheduleI/RecipientTable/CashGrantAmt1445000
IRS990ScheduleI/RecipientTable/CashGrantAmt15200000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CRISTO REY NETWORK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CRISTO REY JESUIT HIGH SCHOOL MILWAUKEE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2SETON EDUCATION PARTNERS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CRISTO REY ATLANTA JESUIT HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CRISTO REY ST VIATOR LAS VEGAS COLLEGE PREPARATORY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5IGNITE ACADEMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6GARDEN CHRISTIAN ACADEMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7AZALEA MONTESSORI SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8BADER HILLEL HIGH INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9IMPACT CHRISTIAN SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10THE JULIE BILLIART NETWORK

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,385,438
Liabilities
$7,055,510
Net assets
$2,329,928
Revenue
$4,393,125
Expenses
$4,727,192
Net income
-$334,067
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.6$1.76$19.8$9.26$5.72$3.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$1.22$16.2$5.25$3.49$1.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.4$0.77$17.7$3.58$3.47$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.5$0.97$17.6$8.52$4.21$4.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$2.25$13.2$10.6$4.43$6.13
2019Detailed filing. Detailed filing data is available for this year.$9.39$7.06$2.33$4.39$4.73$0.33
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.59$5.93$2.66$6.24$5.80$0.44
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.13$2.91$2.22$3.21$3.40$0.19
2016Detailed filing. Detailed filing data is available for this year.$4.65$2.24$2.41$5.72$3.77$1.95
2015Summary only. Only limited summary data is available for this year.$0.45$0.00$0.18$0.25$0.08