Civic Intelligence

The Drexel Fund

990 • Fiscal year 2021 • EIN 46-5768451

Jul 01, 2020 to Jun 30, 2021 • Filed on May 13, 2022

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

(617) 778-8118

Siviq Scores

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

Liabilities / Assets

30th percentile

0.05x

Higher debt load relative to assets than 30% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

34th percentile

0.11x

Higher debt load relative to revenue than 34% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

86th percentile

51%

Higher net margin than 86% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

79th percentile

$295,192

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

70th percentile

20%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

12th percentile

-19%

Faster revenue growth than 12% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets30th percentile

Assets

Up

$18,531,220

Up $3,027,933 (+20%) from 2020

Net Assets

Up

$17,560,284

Up $4,311,465 (+33%) from 2020

Liabilities

Down

$970,936

Down $1,283,532 (-57%) from 2020

Revenue And Expenses
Liabilities / Revenue34th percentileNet Margin86th percentile

Revenue

Down

$8,522,964

Down $2,031,059 (-19%) from 2020

Expenses

Down

$4,211,499

Down $213,631 (-4.8%) from 2020

Net Income

Down

$4,311,465

Down $1,817,428 (-30%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth70th 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

2021

Assets$18,531,220
Liabilities$970,936
Net Assets$17,560,284
Open 2021 Filing

Operations Trend

Revenue Growth12th 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

2021

Revenue$8,522,964
Expenses$4,211,499
Net Income$4,311,465
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 13, 2022
Return Version
2020v4.2
Gross Receipts
$8,522,964
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 and partners in the growth of high quality, financially sustainable networks of faith based on other private schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$13,175,825$16,442,737▲ $3,266,912
Cash and Non-Interest-Bearing Accounts$203,041$1,079,452▲ $876,411
Investments in Publicly Traded Securities$1,750,360$1,000,000▼ $750,360
Savings and Temporary Cash Investments$371,197$6,256▼ $364,941
Prepaid Expenses and Deferred Charges$2,864$2,775▼ $89
Total Assets$15,503,287$18,531,220▲ $3,027,933
Liabilities
Grants Payable$2,242,414$932,981▼ $1,309,433
Accounts Payable and Accrued Expenses$12,054$37,955▲ $25,901
Total Liabilities$2,254,468$970,936▼ $1,283,532
Net Assets / Fund Balance
Net Assets With Donor Restrictions$12,934,667$16,065,917▲ $3,131,250
Net Assets Without Donor Restrictions$314,152$1,494,367▲ $1,180,215
Total Net Assets Fund Balance$13,248,819$17,560,284▲ $4,311,465
Total Liabilities and Net Assets / Fund Balance$15,503,287$18,531,220▲ $3,027,933
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John EriksenManaging PartnerFT$259,914$35,278$295,192
Abigail SchumwingerPartner and Investment DirectorFT$200,475$47,447$247,922
Mitzi KeelDirector of Fin. & Admin.PT$106,084$24,805$130,889

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
$8,493,563
Program Service Revenue
$0
Investment Income
$2,817
Other Revenue
$26,584
All Other Contributions
$8,493,563
Change in Net Assets
$4,311,465

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,522,964
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,522,964
Total Revenue per Form 990
$8,522,964
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,054,040
Salaries, Compensation, and Employee Benefits$775,863
Other Expenses$381,596
Total Fundraising Expense$30,194
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,054,040--$3,054,040
Other Salaries and Wages$281,506$105,359-$386,865
Current Officers, Directors, Trustees, and Key Employees$226,172$45,235$30,156$301,563
Fees for Services Other$264,129--$264,129
Pension Plan Contributions$26,376$10,536-$36,912
Travel$33,087$316$38$33,441
Occupancy-$31,656-$31,656
Other Employee Benefits$22,657$6,209-$28,866
Payroll Taxes$13,597$8,060-$21,657
Office Expenses-$17,663-$17,663
Other Expenses-$13,914-$13,914
Insurance-$8,932-$8,932
Fees for Services Accounting-$7,031-$7,031
Information Technology-$4,830-$4,830
Total Functional Expenses$3,921,564$259,741$30,194$4,211,499

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,211,499
Total Expenses per Audited Statements$4,211,499
Total Expenses per Form 990$4,211,499
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Fugees Family IncColumbus, OH501(c)(3)Private School Funding$900,000
Julie Billiart NetworkLyndhurst, OH501(c)(3)Private School Funding$550,000
Partnership SchoolsNew York, NY501(c)(3)Private School Funding$275,000
Cristo Rey St ViatorNorth Las Vegas, NV501(c)(3)Private School Funding$175,000
Build UpBirmingham, AL501(c)(3)Private School Funding$125,000
Goldenrod MontessoriCleveland, OH501(c)(3)Private School Funding$120,000
Cristo Rey AtlantaAtlanta, GA501(c)(3)Private School Funding$100,000
Cristo Rey Oklahoma CityOklahoma City, OK501(c)(3)Private School Funding$100,000
Kingdom Prep Lutheran HsWauwatosa, WI501(c)(3)Private School Funding$100,000
Seton Education PartnersNew York, NY501(c)(3)Private School Funding$100,000
Divine Savior SchoolDoral, FL501(c)(3)Private School Funding$60,000
The Ecclesial Schools InitiativeOviedo, FL501(c)(3)Private School Funding$60,000
Academy Prep FoundationLakeland, FL501(c)(3)Private School Funding$50,000
Autism Inspired AcademyClearwater, FL501(c)(3)Private School Funding$50,000
Cristo Rey NetworkChicago, IL501(c)(3)Private School Funding$50,000
The Eco-collective Farm SchoolMelbourne, FL501(c)(3)Private School Funding$50,000
Mercy Education System of the AmericasSilver Spring, MD501(c)(3)Private School Funding$45,000
Stars GlobalMiami, FL501(c)(3)Private School Funding$45,000
Bader Hillel High SchoolGlendale, WI501(c)(3)Private School Funding$35,000
The Basilica School of Saint Mary Star of the SeaKey West, FL501(c)(3)Private School Funding$27,000
Edward Charles FoundationBeverly Hills, CA501(c)(3)Private School Funding$25,000
St Marcus Lutheran SchoolMilwaukee, WI501(c)(3)Private School Funding$7,040
Magnolia Blossom MontessoriLouisville, KY501(c)(3)Private School Funding$5,000
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
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
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
6177788118
Address
135 W WELLS STREET NO 100, MILWAUKEE, WI 53203

Signing Officer

Name
John Eriksen
Title
Managing Partner
Phone
6177788118
Signed
2022-05-13
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
5
Volunteers
0

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 550, MILWAUKEE, WI 53202
Preparer
Renee Messing
Phone
4142711451
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from income tax under section 501(c)(3) of internal revenue code and is classified as other than a private foundation. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of june 30, 2021, the organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.”

Raw XML AppendixShowing 400 of 673 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/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 OR OTHER PRIVATE SCHOOLS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt013248819
IRS990/NetAssetsOrFundBalancesEOYAmt017560284
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt026584
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt026584
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0314152
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01494367
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt031656
IRS990/OccupancyGrp/TotalAmt031656
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017663
IRS990/OfficeExpensesGrp/TotalAmt017663
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06209
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022657
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028866
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt013914
IRS990/OtherExpensesGrp/TotalAmt013914
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0105359
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0281506
IRS990/OtherSalariesAndWagesGrp/TotalAmt0386865
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08060
IRS990/PayrollTaxesGrp/ProgramServicesAmt013597
IRS990/PayrollTaxesGrp/TotalAmt021657
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010536
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt026376
IRS990/PensionPlanContributionsGrp/TotalAmt036912
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt013175825
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt016442737
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02864
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02775
IRS990/PrincipalOfficerNm0JOHN ERIKSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010500081
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03175847
IRS990/PYInvestmentIncomeAmt035028
IRS990/PYOtherExpensesAmt0318563
IRS990/PYOtherRevenueAmt018914
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt06128893
IRS990/PYSalariesCompEmpBnftPaidAmt0930720
IRS990/PYTotalExpensesAmt04425130
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt010554023
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt04311465
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt026584
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0371197
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06256
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt08493563
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010500079
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04336857
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06211434
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03196661
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt032738594
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt029401
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt035028
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt056268
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024022
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01775
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0146494
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0170
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03016
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03186
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.23340
IRS990ScheduleA/PublicSupportPY170Pct00.44030
IRS990ScheduleA/PublicSupportTotal170Amt07674654
IRS990ScheduleA/SubstantialContributorsTotAmt025063940
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt08493563
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010500079
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04336857
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06211434
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03196661
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt032738594
IRS990ScheduleA/TotalSupportAmt032888274
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/ExpensesSubtotalAmt04211499
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08522964
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. AS OF JUNE 30, 2021, THE ORGANIZATION HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt04211499
IRS990ScheduleD/TotalRevenuePerForm990Amt08522964
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08522964
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04211499
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/CashGrantAmt135000
IRS990ScheduleI/RecipientTable/CashGrantAmt2125000
IRS990ScheduleI/RecipientTable/CashGrantAmt3100000
IRS990ScheduleI/RecipientTable/CashGrantAmt4100000
IRS990ScheduleI/RecipientTable/CashGrantAmt5175000
IRS990ScheduleI/RecipientTable/CashGrantAmt660000
IRS990ScheduleI/RecipientTable/CashGrantAmt7900000
IRS990ScheduleI/RecipientTable/CashGrantAmt8550000
IRS990ScheduleI/RecipientTable/CashGrantAmt9100000
IRS990ScheduleI/RecipientTable/CashGrantAmt105000
IRS990ScheduleI/RecipientTable/CashGrantAmt11275000
IRS990ScheduleI/RecipientTable/CashGrantAmt12100000
IRS990ScheduleI/RecipientTable/CashGrantAmt1345000
IRS990ScheduleI/RecipientTable/CashGrantAmt1460000
IRS990ScheduleI/RecipientTable/CashGrantAmt1550000
IRS990ScheduleI/RecipientTable/CashGrantAmt167040
IRS990ScheduleI/RecipientTable/CashGrantAmt17120000
IRS990ScheduleI/RecipientTable/CashGrantAmt1850000
IRS990ScheduleI/RecipientTable/CashGrantAmt1950000
IRS990ScheduleI/RecipientTable/CashGrantAmt2025000
IRS990ScheduleI/RecipientTable/CashGrantAmt2127000
IRS990ScheduleI/RecipientTable/CashGrantAmt2245000
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/IRCSectionDesc16501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc20501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc21501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc22501(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/PurposeOfGrantTxt16PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22PRIVATE SCHOOL FUNDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ACADEMY PREP FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BADER HILLEL HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BUILD UP
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CRISTO REY ATLANTA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CRISTO REY OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5CRISTO REY ST VIATOR

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$18,531,220
Liabilities
$970,936
Net assets
$17,560,284
Revenue
$8,522,964
Expenses
$4,211,499
Net income
$4,311,465
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
2021Detailed filing. Detailed filing data is available for this year.$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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $10M-$25M nonprofits