Civic Intelligence

Christian Urban Education Service

990 • Fiscal year 2019 • EIN 47-0818922

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 29, 2020

2207 Wirt StreetOmaha, NE 68110

(402) 451-5755

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

6th percentile

-53%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

86th percentile

$166,642

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$3,690,833

No earlier filing loaded for comparison.

Net Assets

$3,690,833

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$3,191,287

No earlier filing loaded for comparison.

Expenses

$4,872,732

No earlier filing loaded for comparison.

Net Income

-$1,681,445

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2019: $3,690,833Liabilities 2019: $0Net Assets 2019: $3,690,8332019Assets 2020: $5,566,367Liabilities 2020: $0Net Assets 2020: $5,566,3672020Assets 2021: $6,357,104Liabilities 2021: $0Net Assets 2021: $6,357,1042021Assets 2022: $6,785,503Liabilities 2022: $4,893Net Assets 2022: $6,780,6102022Assets 2023: $5,271,270Liabilities 2023: $1,127Net Assets 2023: $5,270,1432023Assets 2024: $7,683,593Liabilities 2024: $0Net Assets 2024: $7,683,5932024Assets 2025: $7,241,222Liabilities 2025: $0Net Assets 2025: $7,241,2222025

Highlighted filing

2019

Assets$3,690,833
Liabilities$0
Net Assets$3,690,833

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2019: $3,191,287Expenses 2019: $4,872,732Net Income 2019: -$1,681,4452019Revenue 2020: $5,694,661Expenses 2020: $3,811,887Net Income 2020: $1,882,7742020Revenue 2021: $4,392,136Expenses 2021: $3,604,585Net Income 2021: $787,5512021Revenue 2022: $6,471,109Expenses 2022: $5,326,465Net Income 2022: $1,144,6442022Revenue 2023: $3,742,937Expenses 2023: $5,691,158Net Income 2023: -$1,948,2212023Revenue 2024: $8,923,215Expenses 2024: $6,775,471Net Income 2024: $2,147,7442024Revenue 2025: $6,910,343Expenses 2025: $7,540,655Net Income 2025: -$630,3122025

Highlighted filing

2019

Revenue$3,191,287
Expenses$4,872,732
Net Income-$1,681,445
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 29, 2020
Return Version
2018v3.1
Gross Receipts
$3,466,364
Mission and Program Overview

Mission

The cues fund secures financial support through private donations to fully fund the cues school system. The school system provides centralized leadership and governance to three urban grade schools: sacred heart, all saints and holy name. The cues fund is a non-religious, non-profit organization overseen by a board of directors.

The cues fund secures financial support through private donations to fully fund three inner-city grade schools: sacred heart, all saints, and holy name. These schools make up the cues school system. The cues school system is a bold educational initiative providing centralized leadership and governance to three urban elementary schools in omaha, ne, serving a majority of low-income students and families. We combine innovative instructional methods with comprehensive student and family support to create and sustain excellent and measurable outcomes that not only impact the students we serve but also the entire community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,275,630$1,957,649▼ $317,981
Savings and Temporary Cash Investments$2,905,625$1,406,488▼ $1,499,137
Cash and Non-Interest-Bearing Accounts$72,804$247,581▲ $174,777
Investments Other Securities$79,863$79,115▼ $748
Total Assets$5,333,922$3,690,833▼ $1,643,089
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,090,275$2,747,847▲ $657,572
Temporarily Rstr Net Assets$3,243,647$942,986▼ $2,300,661
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$5,333,922$3,690,833▼ $1,643,089
Total Liabilities and Net Assets / Fund Balance$5,333,922$3,690,833▼ $1,643,089

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,491,840-▲ $75,989-$1,106,429
2017$1,326,867$285,000▲ $73,845$93,872$1,491,840
2016$1,298,628-▲ $128,959-$1,326,867
2015$1,499,572-▼ $30,457-$1,298,628
2014$1,380,538$250,000▼ $5,876-$1,499,572
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John HaskeExecutive DirectorFT$145,475$21,167$166,642
Kelly Von MockControllerFT$85,833$2,625$88,458

Board Members and Trustees

NameTitle
Richard M BettgerChair
Timothy G KudronVice Chair
Adrian DowellBoard Member
Ann SchumacherBoard Member
Anne BotheBoard Member
Cathy BanksBoard Member
Chris WiedenfeldBoard Member
Dan KoraleskiBoard Member
Dana W MeyerBoard Member
Gregory J BoulayBoard Member
James a TimmermanBoard Member
Jeffrey E SauvageauBoard Member
John SchueleBoard Member
Michael T MoylanBoard Member
Molly SchroppBoard Member
Paul C JeffreyBoard Member
Seneca HarrisonBoard Member
Susana Wiese LizcanoBoard Member
Taylor DieckmanBoard Member
Ted Bridges IiiBoard Member
Titus AdamsBoard Member
Tom WorthingtonBoard Member
Celann LagrecaSecretary
David CotaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,193,059
Program Service Revenue
$28,091
Investment Income
$115,197
Other Revenue
$-145,060
All Other Contributions
$2,409,057
Change in Net Assets
$-1,681,445

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$218,812Avg High-low Value
Total Noncash Contributions6$218,812-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,177,151
Revenue Not Reported on Financial Statements
$14,136
Revenue Not Reported on Form 990
$192,122
Total Revenue per Audited Statements
$3,369,273
Total Revenue per Form 990
$3,191,287
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,901,375
Salaries, Compensation, and Employee Benefits$695,350
Other Expenses$276,007
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$3,899,575--$3,899,575
Other Salaries and Wages$368,049--$368,049
Current Officers, Directors, Trustees, and Key Employees$255,100--$255,100
Office Expenses$81,302$10,891-$92,193
Payroll Taxes$44,428--$44,428
Information Technology-$39,776-$39,776
Advertising$29,078--$29,078
Other Employee Benefits$22,523--$22,523
Travel$499$15,593-$16,092
Conferences and Meetings$13,236$2,137-$15,373
Fees for Service Investment Mgmnt Fees-$14,136-$14,136
Fees for Services Accounting-$12,000-$12,000
Occupancy-$5,880-$5,880
Fees for Services Other-$5,617-$5,617
Pension Plan Contributions$5,250--$5,250
Insurance-$4,378-$4,378
Other Expenses$4,693$3,826-$3,826
Fees for Services Legal-$2,132-$2,132
Grants to Domestic Individuals$1,800--$1,800
Total Functional Expenses$4,734,732$138,000$0$4,872,732

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,012,362
Total Expenses per Form 990$4,872,732
Expenses per Audited Statements$4,858,596
Expenses Not Reported on Form 990$153,766
Expenses Not Reported on Financial Statements$14,136
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cues School SystemOmaha, NE501(c)(3)To Support School Systems.$3,899,575
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$275,077
Fundraising Gross Income$130,017
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner/auction$629,515$77,991$37,109$40,882
Concert$179,869$26,920$87,252$-60,332
Total Events$891,059$130,017$275,077$-145,060
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
No
Audit committee
Yes
Backup withholding compliance
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
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, PART VI, SECTION A, LINE 4:

Cues fund previously did not have a requirement to file form 990. During the fiscal year ending june 30, 2019, the organization amended their articles of incorporation and bylaws to remove the archbishop of the catholic archdiocese of omaha as president. Due to this change, as the archdiocese no longer has control or influence of the organization, cues fund is now required to file form 990.

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

The form 990 is reviewed by the board treasurer before filing with the irs. A copy of the return is also provided to all members of the board for their review before filing.

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

An interested person must disclose to the board of directors or board of governors the existence of the financial interest and all material facts considering the proposed transaction. After disclosure of the interest and all material facts, and after any discussion with the interested person, he or she shall leave the meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members decide if a conflict of interest exists. If it is determined a conflict does exist, the remaining board decides whether they can complete the transaction in the best interest of the organization causing the conflict or if there are other options that would not give rise to the conflict. Conflicts are dealt with and discussed as they arise.

Form 990, Part VI, Section B, Line 15A

The executive committee of the board of directors reviews and approves the compensation for the ceo/executive director.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Cues Fund
EIN
47-0818922
Phone
4024515755
Address
2207 WIRT STREET, OMAHA, NE 68110

Signing Officer

Name
Timothy Kudron
Title
Board Chair
Phone
4024515755
Signed
2020-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Kudron
Formed
1975
Legal Domicile
Ne
Voting Board Members
24
Independent Board Members
24
Employees
12
Volunteers
135

Preparer

Firm
Seim Johnson Llp
Address
18081 BURT STREET SUITE 200, OMAHA, NE 68022-4722
Preparer
Wendy R Cooley
Phone
4023302660
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization's board of directors is responsible for oversight of the audit and selection of public accounting firm.

Financial Statement Notes

PART V, LINE 4:

Cues holds endowment funds for support of its operations. Cues considers multiple factors in making a determination to appropriate or accumulate donor-restricted endowment funds. All funds used are for cues' exempt purpose.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 153,766.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 153,766.

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IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
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IRS990/MissionDesc0THE CUES FUND SECURES FINANCIAL SUPPORT THROUGH PRIVATE DONATIONS TO FULLY FUND THE CUES SCHOOL SYSTEM. THE SCHOOL SYSTEM PROVIDES CENTRALIZED LEADERSHIP AND GOVERNANCE TO THREE URBAN GRADE SCHOOLS: SACRED HEART, ALL SAINTS, AND HOLY NAME. THE CUES FUND IS A NON-RELIGIOUS, NON-PROFIT ORGANIZATION OVERSEEN BY A BOARD OF DIRECTORS.
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IRS990/RelatedEntityInd00

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