Civic Intelligence

Aquinas High School Endowment Fund

990 • Fiscal year 2022 • EIN 47-0672379

Jul 01, 2021 to Jun 30, 2022 • Filed on Jan 26, 2023

Organization ProfileN/A
PO Box 149David City, NE 68632

(402) 367-3175

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

8th percentile

0.00x

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

51st percentile

7.5%

Higher net margin than 51% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

16th percentile

-12%

Faster asset growth than 16% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-25%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets8th percentile

Assets

Down

$6,382,141

Down $852,171 (-12%) from 2021

Net Assets

Down

$6,382,141

Down $852,171 (-12%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue8th percentileNet Margin51st percentile

Revenue

Down

$313,596

Down $105,452 (-25%) from 2021

Expenses

Up

$290,101

Up $18,479 (+6.8%) from 2021

Net Income

Down

$23,495

Down $123,931 (-84%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,218,318Liabilities 2010: $15,562Net Assets 2010: $3,202,7562010Assets 2011: $3,751,375Liabilities 2011: $0Net Assets 2011: $3,751,3752011Assets 2012: $3,665,962Liabilities 2012: $0Net Assets 2012: $3,665,9622012Assets 2013: $4,102,614Liabilities 2013: $0Net Assets 2013: $4,102,6142013Assets 2014: $4,717,112Liabilities 2014: $0Net Assets 2014: $4,717,1122014Assets 2015: $4,575,544Liabilities 2015: $0Net Assets 2015: $4,575,5442015Assets 2016: $4,335,604Liabilities 2016: $0Net Assets 2016: $4,335,6042016Assets 2017: $4,588,763Liabilities 2017: $0Net Assets 2017: $4,588,7632017Assets 2018: $4,717,852Liabilities 2018: $0Net Assets 2018: $4,717,8522018Assets 2020: $5,983,123Liabilities 2020: $0Net Assets 2020: $5,983,1232020Assets 2021: $7,234,312Liabilities 2021: $0Net Assets 2021: $7,234,3122021Assets 2022: $6,382,141Liabilities 2022: $0Net Assets 2022: $6,382,1412022Assets 2023: $6,735,618Liabilities 2023: $0Net Assets 2023: $6,735,6182023Assets 2024: $7,257,872Liabilities 2024: $0Net Assets 2024: $7,257,8722024

Highlighted filing

2022

Assets$6,382,141
Liabilities$0
Net Assets$6,382,141
Open 2022 Filing

Operations Trend

Revenue Growth15th percentile

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

$1.0M$500K$0-$500KExpenses 2010: $405,3472010Expenses 2011: $197,6802011Revenue 2012: $339,947Expenses 2012: $226,741Net Income 2012: $113,2062012Revenue 2013: $445,360Expenses 2013: $225,059Net Income 2013: $220,3012013Revenue 2014: $450,271Expenses 2014: $225,524Net Income 2014: $224,7472014Revenue 2015: $352,854Expenses 2015: $242,977Net Income 2015: $109,8772015Revenue 2016: $174,198Expenses 2016: $273,479Net Income 2016: -$99,2812016Revenue 2017: $251,627Expenses 2017: $254,283Net Income 2017: -$2,6562017Revenue 2018: $311,140Expenses 2018: $252,293Net Income 2018: $58,8472018Revenue 2020: $737,068Expenses 2020: $225,316Net Income 2020: $511,7522020Revenue 2021: $419,048Expenses 2021: $271,622Net Income 2021: $147,4262021Revenue 2022: $313,596Expenses 2022: $290,101Net Income 2022: $23,4952022Revenue 2023: $230,010Expenses 2023: $288,529Net Income 2023: -$58,5192023Revenue 2024: $228,018Expenses 2024: $320,796Net Income 2024: -$92,7782024

Highlighted filing

2022

Revenue$313,596
Expenses$290,101
Net Income$23,495
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Jan 26, 2023
Return Version
2021v4.2
Gross Receipts
$313,596
Mission and Program Overview

Mission

Long-term supplemental funding to assist in subsidizing operational costs and transportation expenditures of and scholarships granted by aquinas catholic schools located in david city, nebraska.

Long-term funding of private education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,039,882$6,131,417▼ $908,465
Savings and Temporary Cash Investments$72,649$92,029▲ $19,380
Cash and Non-Interest-Bearing Accounts$14,352$63,695▲ $49,343
Total Assets$7,234,312$6,382,141▼ $852,171
Other Assets Total$107,429$95,000▼ $12,429
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,786,564$6,658,110▼ $128,454
Net Assets Without Donor Restrictions$447,748$-275,969▼ $723,717
Total Net Assets Fund Balance$7,234,312$6,382,141▼ $852,171
Total Liabilities and Net Assets / Fund Balance$7,234,312$6,382,141▼ $852,171

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$7,234,312$118,458▼ $720,176$220,453$6,382,141
2020$5,983,123$218,047▲ $1,230,879$197,737$7,234,312
2019$5,543,929$576,360▲ $33,342$170,508$5,983,123
2018$4,631,021$862,583▲ $224,416$174,091$5,543,929
2017$4,565,399$65,662--$4,631,061
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Allen MoravecPresident
Douglas MatulkaDirector
Dr Randall SchawangDirector
Dr Raymond MetznerDirector
Harry SchmitDirector
James StaraDirector
Michael AdamyDirector
Patty VacaBookkeeper
Rev Sean TimmermanChief Administrative Offic
Dolly StaraFinancial Secretary
Deb SvecRecording Secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$117,784
Program Service Revenue
$0
Investment Income
$195,138
Other Revenue
$674
All Other Contributions
$117,784
Change in Net Assets
$23,495

Audited Revenue Reconciliation

Revenue per Audited Statements
$243,948
Revenue Not Reported on Financial Statements
$69,648
Revenue Not Reported on Form 990
$-875,666
Total Revenue per Audited Statements
$-631,718
Total Revenue per Form 990
$313,596
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$212,775
Other Expenses$77,326
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$212,775--$212,775
Fees for Service Investment Mgmnt Fees$69,648--$69,648
Fees for Services Accounting-$7,547-$7,547
Office Expenses-$131-$131
Total Functional Expenses$282,423$7,678$0$290,101

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$290,101
Expenses per Audited Statements$220,453
Total Expenses per Audited Statements$220,453
Expenses Not Reported on Financial Statements$69,648
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aquinas High SchoolDavid City, NE501(c)(3)To Assist Aquinas High School With Certain Costs of Private Education and Scholarships$212,775
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
Audit committee
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
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
No

Governance Explanations

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

“The foundation's president and board secretary review the form 990 before it's filed, and compare it with the audited financial statements.”

Form 990, Part VI, Section C, Line 19

“Upon request to the foundation, the foundation will provide its governing documents and annual financial statements.”

Filing and Contact Details

Filer

Filer Name
Aquinas Catholic Schools Foundation
EIN
47-0672379
Phone
4023673175
Address
PO BOX 149, DAVID CITY, NE 68632

Signing Officer

Name
Allen Moravec
Title
President
Phone
4023673175
Signed
2023-01-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Allen Moravec
Formed
1981
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Hbe Llp
Address
7140 STEPHANIE LANE PO BOX 23110, LINCOLN, NE 68542-3110
Preparer
Ashley S Bell CPA
Phone
4024234343
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1, Other Accounting Method

“MODIFIED CASH BASIS”

Form 990, Part XII, Line 2C

“The board of directors approves the audited financial statements and form 990. This process has not changed from the prior years.”

Financial Statement Notes

PART V, LINE 4:

“The primary purpose of this fund is to provide long-term supplemental funding to assist in subsidizing operational costs, transportation expenditures and scholarships granted by aquinas catholic schools located in david city, nebraska.”

PART X, LINE 2:

“The foundation is exempt from federal income tax under section 501(c)(3) of the internal revenue code. As such, income earned in the performance of its exempt purpose is not subject to income tax. Any income earned through activities not related to its exempt purpose is subject to income tax at normal corporate rates. For the year ended june 30, 2022, there was no tax liability on unrelated business income. The foundation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.”

Raw XML AppendixShowing 400 of 436 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LONG-TERM FUNDING OF PRIVATE EDUCATION.
IRS990/AllOtherContributionsAmt0117784
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL ADAMY
IRS990/BooksInCareOfDetail/PhoneNum04029100334
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01150 41 RD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BELLWOOD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068624
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt014352
IRS990/CashNonInterestBearingGrp/EOYAmt063695
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0117784
IRS990/CYGrantsAndSimilarPaidAmt0212775
IRS990/CYInvestmentIncomeAmt0195138
IRS990/CYOtherExpensesAmt077326
IRS990/CYOtherRevenueAmt0674
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt023495
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0290101
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0313596
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0SUPPORT TO AQUINAS HIGH SCHOOL TO DEFRAY COSTS OF PRIVATE EDUCATION AND TRANSPORTATION COSTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt06786564
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt06658110
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0282423
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07547
IRS990/FeesForServicesAccountingGrp/TotalAmt07547
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt069648
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt069648
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0ALLEN MORAVEC
IRS990/Form990PartVIISectionAGrp/PersonNm1DEB SVEC
IRS990/Form990PartVIISectionAGrp/PersonNm2REV SEAN TIMMERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3PATTY VACA
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL ADAMY
IRS990/Form990PartVIISectionAGrp/PersonNm5DOUGLAS MATULKA
IRS990/Form990PartVIISectionAGrp/PersonNm6DR RAYMOND METZNER
IRS990/Form990PartVIISectionAGrp/PersonNm7DR RANDALL SCHAWANG
IRS990/Form990PartVIISectionAGrp/PersonNm8HARRY SCHMIT
IRS990/Form990PartVIISectionAGrp/PersonNm9DOLLY STARA
IRS990/Form990PartVIISectionAGrp/PersonNm10JAMES STARA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1RECORDING SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF ADMINISTRATIVE OFFIC
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOOKKEEPER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9FINANCIAL SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0212775
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0212775
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0212775
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0313596
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0195138
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0195138
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07039882
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06131417
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingOtherInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LONG-TERM SUPPLEMENTAL FUNDING TO ASSIST IN SUBSIDIZING OPERATIONAL COSTS AND TRANSPORTATION EXPENDITURES OF AND SCHOLARSHIPS GRANTED BY AQUINAS CATHOLIC SCHOOLS LOCATED IN DAVID CITY, NEBRASKA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt07234312
IRS990/NetAssetsOrFundBalancesEOYAmt06382141
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-875666
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0447748
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-275969
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0131
IRS990/OfficeExpensesGrp/TotalAmt0131
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0107429
IRS990/OtherAssetsTotalGrp/EOYAmt095000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0674
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0674
IRS990/OtherRevenueTotalAmt0674
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ALLEN MORAVEC
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0218047
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0195143
IRS990/PYInvestmentIncomeAmt0201001
IRS990/PYOtherExpensesAmt076479
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0147426
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0271622
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0419048
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt023495
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0674
IRS990/SavingsAndTempCashInvstGrp/BOYAmt072649
IRS990/SavingsAndTempCashInvstGrp/EOYAmt092029
IRS990ScheduleA/FactsAndCircumstancesTestTxt0SOURCES OF SUPPORT INCLUDE CONTRIBUTIONS FROM THE PUBLIC, CHANGES IN THE VALUE OF LIFE INSURANCE POLICIES, INTEREST, DIVIDENDS, AND GAINS FROM THE SALE OF STOCK. THE ORGANIZATION IS GOVERNED BY A BOARD OF DIRECTORS WHO REPRESENT THE BROAD INTERESTS OF THE PUBLIC. THE ORGANIZATION ASSISTS IN SUBSIDIZING OPERATIONAL COSTS AND TRANSPORTATION EXPENDITURES OF AND SCHOLARSHIPS GRANTED BY AQUINAS CATHOLIC SCHOOLS LOCATED IN DAVID CITY, NEBRASKA. FROM TIME TO TIME, THE FOUNDATION MAY RECEIVE SIGNIFICANT GIFTS FROM AN ESTATE.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0117784
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0218047
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0576360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0862583
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt099525
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01874299
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0195138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0201001
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0160708
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0240443
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0180542
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0977832
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0674
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0674
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.20900
IRS990ScheduleA/PublicSupportPY170Pct00.21520
IRS990ScheduleA/PublicSupportTotal170Amt0596217
IRS990ScheduleA/SubstantialContributorsTotAmt01278082
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0117784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0218047
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0576360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0862583
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt099525
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01874299
IRS990ScheduleA/TotalSupportAmt02852805
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt07234312
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0118458
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt06382141
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-720176
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0220453
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05983123
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0218047
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt07234312
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01230879
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0197737
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt05543929
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0576360
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05983123
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt033342
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0170508
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt04631021
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0862583
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt05543929
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0224416
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0174091
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04565399
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt065662
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt04631061
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt069648
IRS990ScheduleD/ExpensesSubtotalAmt0220453
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt069648
IRS990ScheduleD/InvestmentExpensesNotIncldAmt069648
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-875666
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.99631
IRS990ScheduleD/RevenueNotReportedAmt0-875666
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt069648
IRS990ScheduleD/RevenueSubtotalAmt0243948
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PRIMARY PURPOSE OF THIS FUND IS TO PROVIDE LONG-TERM SUPPLEMENTAL FUNDING TO ASSIST IN SUBSIDIZING OPERATIONAL COSTS, TRANSPORTATION EXPENDITURES AND SCHOLARSHIPS GRANTED BY AQUINAS CATHOLIC SCHOOLS LOCATED IN DAVID CITY, NEBRASKA.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS SUCH, INCOME EARNED IN THE PERFORMANCE OF ITS EXEMPT PURPOSE IS NOT SUBJECT TO INCOME TAX. ANY INCOME EARNED THROUGH ACTIVITIES NOT RELATED TO ITS EXEMPT PURPOSE IS SUBJECT TO INCOME TAX AT NORMAL CORPORATE RATES. FOR THE YEAR ENDED JUNE 30, 2022, THERE WAS NO TAX LIABILITY ON UNRELATED BUSINESS INCOME. THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00371
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0290101
IRS990ScheduleD/TotalRevenuePerForm990Amt0313596
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-631718
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0220453
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0212775
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST AQUINAS HIGH SCHOOL WITH CERTAIN COSTS OF PRIVATE EDUCATION AND SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AQUINAS HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0470464809
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03420 MAIN ROAD
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DAVID CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NE
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd068632
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0MONITOR THE CHURCH RELATED SCHOOL BUDGET.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S PRESIDENT AND BOARD SECRETARY REVIEW THE FORM 990 BEFORE IT'S FILED, AND COMPARE IT WITH THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST TO THE FOUNDATION, THE FOUNDATION WILL PROVIDE ITS GOVERNING DOCUMENTS AND ANNUAL FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MODIFIED CASH BASIS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS APPROVES THE AUDITED FINANCIAL STATEMENTS AND FORM 990. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 1, OTHER ACCOUNTING METHOD
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07234312
IRS990/TotalAssetsEOYAmt06382141
IRS990/TotalAssetsGrp/BOYAmt07234312
IRS990/TotalAssetsGrp/EOYAmt06382141
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0117784
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07678
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0282423
IRS990/TotalFunctionalExpensesGrp/TotalAmt0290101
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07234312
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06382141
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0282423
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0195138
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0674
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0313596
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07234312
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06382141
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 149
IRS990/USAddress/CityNm0DAVID CITY
IRS990/USAddress/StateAbbreviationCd0NE
IRS990/USAddress/ZIPCd068632
IRS990/VotingMembersGoverningBodyCnt011

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,382,141
Liabilities
$0
Net assets
$6,382,141
Revenue
$313,596
Expenses
$290,101
Net income
$23,495
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$7.26$0.00$7.26$0.23$0.32$0.09
2023Summary only. Only limited summary data is available for this year.$6.74$0.00$6.74$0.23$0.29$0.06
2022Detailed filing. Detailed filing data is available for this year.$6.38$0.00$6.38$0.31$0.29$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.23$0.00$7.23$0.42$0.27$0.15
2020Summary only. Only limited summary data is available for this year.$5.98$0.00$5.98$0.74$0.23$0.51
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.72$0.00$4.72$0.31$0.25$0.06
2017Summary only. Only limited summary data is available for this year.$4.59$0.00$4.59$0.25$0.25$0.00
2016Detailed filing. Detailed filing data is available for this year.$4.34$0.00$4.34$0.17$0.27$0.10
2015Detailed filing. Detailed filing data is available for this year.$4.58$0.00$4.58$0.35$0.24$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.72$0.00$4.72$0.45$0.23$0.22
2013Summary only. Only limited summary data is available for this year.$4.10$0.00$4.10$0.45$0.23$0.22
2012Summary only. Only limited summary data is available for this year.$3.67$0.00$3.67$0.34$0.23$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.75$0.00$3.75$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.02$3.20$0.41