Civic Intelligence

Goddard Education Foundation

990 • Fiscal year 2018 • EIN 47-2188832

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

201 S MainGoddard, KS 67052

(316) 794-4000

Siviq Scores

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

Liabilities / Assets

41st percentile

0.01x

Higher debt load relative to assets than 41% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.05x

Higher debt load relative to revenue than 57% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$80,656

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 38.5% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

64th percentile

7.6%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

2nd percentile

-76%

Faster revenue growth than 2% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$873,458

Up $62,006 (+7.6%) from 2017

Net Assets

Up

$862,458

Up $51,006 (+6.3%) from 2017

Liabilities

Up

$11,000

Up $11,000 from 2017

Revenue

Down

$209,506

Down $674,247 (-76%) from 2017

Expenses

Down

$123,635

Down $26,242 (-18%) from 2017

Net Income

Down

$85,871

Down $648,005 (-88%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $72,077Liabilities 2015: $2,9412015Assets 2016: $113,206Liabilities 2016: $13,9992016Assets 2017: $811,452Liabilities 2017: $0Net Assets 2017: $811,4522017Assets 2018: $873,458Liabilities 2018: $11,000Net Assets 2018: $862,4582018Assets 2019: $1,006,741Liabilities 2019: $0Net Assets 2019: $1,006,7412019Assets 2020: $1,296,200Liabilities 2020: $0Net Assets 2020: $1,296,2002020Assets 2021: $1,649,577Liabilities 2021: $179Net Assets 2021: $1,649,3982021Assets 2022: $1,526,981Liabilities 2022: $179Net Assets 2022: $1,526,8022022Assets 2023: $1,809,238Liabilities 2023: $0Net Assets 2023: $1,809,2382023Assets 2024: $2,177,929Liabilities 2024: $0Net Assets 2024: $2,177,9292024

Highlighted filing

2018

Assets$873,458
Liabilities$11,000
Net Assets$862,458

Operations Trend

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

$1.0M$500K$0Revenue 2015: $71,843Expenses 2015: $2,707Net Income 2015: $69,1362015Revenue 2016: $52,500Expenses 2016: $22,429Net Income 2016: $30,0712016Revenue 2017: $883,753Expenses 2017: $149,877Net Income 2017: $733,8762017Revenue 2018: $209,506Expenses 2018: $123,635Net Income 2018: $85,8712018Revenue 2019: $235,282Expenses 2019: $86,827Net Income 2019: $148,4552019Revenue 2020: $370,336Expenses 2020: $95,471Net Income 2020: $274,8652020Revenue 2021: $295,991Expenses 2021: $152,723Net Income 2021: $143,2682021Revenue 2022: $298,739Expenses 2022: $142,356Net Income 2022: $156,3832022Revenue 2023: $292,521Expenses 2023: $116,953Net Income 2023: $175,5682023Revenue 2024: $366,167Expenses 2024: $170,474Net Income 2024: $195,6932024

Highlighted filing

2018

Revenue$209,506
Expenses$123,635
Net Income$85,871
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$726,327
Mission and Program Overview

Mission

To provide resources designed to enrich educational opportunities to the students of usd 265 through an independent nonprofit community based organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$722,977$818,784▲ $95,807
Cash and Non-Interest-Bearing Accounts$86,547$52,698▼ $33,849
Prepaid Expenses and Deferred Charges$1,928$1,976▲ $48
Total Assets$811,452$873,458▲ $62,006
Liabilities
Deferred Revenue-$11,000-
Total Liabilities$0$11,000▲ $11,000
Net Assets / Fund Balance
Permanently Rstr Net Assets$663,899$663,899→ $0
Unrestricted Net Assets$121,297$177,903▲ $56,606
Temporarily Rstr Net Assets$26,256$20,656▼ $5,600
Total Net Assets Fund Balance$811,452$862,458▲ $51,006
Total Liabilities and Net Assets / Fund Balance$811,452$873,458▲ $62,006

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$722,977$88,382▲ $7,907-$818,784
2016-$714,462▲ $8,623-$722,977
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shannon WedgeExecutive DiFT$64,209$16,447$80,656

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$150,122
Program Service Revenue
$0
Investment Income
$42,290
Other Revenue
$17,094
All Other Contributions
$125,493
Change in Net Assets
$85,871

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$81,393Fair Market Value
Total Noncash Contributions3$81,393-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$82,812
Total Fundraising Expense$67,770
Grants and Similar Amounts Paid$31,589
Other Expenses$9,234
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$16,562$66,250$82,812
Grants to Domestic Orgs$31,089--$31,089
Office Expenses$1,945$767$984$3,696
Information Technology-$1,780-$1,780
Insurance-$1,738-$1,738
Fees for Services Accounting-$1,040-$1,040
Grants to Domestic Individuals$500--$500
Other Expenses-$142$137$137
Conferences and Meetings-$50$63$113
Advertising$36$16$36$88
Total Functional Expenses$33,570$22,295$67,770$123,635
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Usd 265Goddard, KS-Educational$31,089
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,201
Fundraising Direct Expenses$2,107
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boots and Bling$43,830$19,201$282$18,919
Total Events$43,830$19,201$2,107$17,094
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
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Marlo dolezal vernon dolezal jr. Treasurer trustee family relationship

Form 990, Page 6, Part VI, Line 8B

Secretary documents in the minutes of the meeting the actions of the board. The trustees review the minutes and approve during the next meeting.

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

The treasurer reviews the form 990 prepared by the cpa firm. The form is then reviewed with the full board. The treasurer is available to answer any questions or provide clarification. The final form 990, with all required schedules, is provided to all voting members of the board prior to filing the form 990 with the irs.

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

The board of directors sets a preferred compensation range for the executive director. The board chair and district superintendent then determine a final compensation within the predetermined range

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Goddard Education Foundation
EIN
47-2188832
Phone
3167944000
Address
201 S MAIN, GODDARD, KS 67052

Signing Officer

Name
Paul Fowler
Title
President
Phone
3167944000
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Paul Fowler
Formed
2014
Legal Domicile
Ks
Voting Board Members
18
Independent Board Members
18
Employees
1
Volunteers
60

Preparer

Firm
Busby Ford & Reimer LLC
Address
10000 WEST 37TH ST NORTH, WICHITA, KS 67205
Preparer
Greg a Reimer CPA
Phone
3169451500
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Early childhood development

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IRS990/InsuranceGrp/ManagementAndGeneralAmt01738
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IRS990/MissionDesc0TO PROVIDE RESOURCES DESIGNED TO ENRICH EDUCATIONAL OPPORTUNITIES TO THE STUDENTS OF USD 265 THROUGH AN INDEPENDENT NONPROFIT COMMUNITY BASED ORGANIZATION.
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IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.81080
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0EARLY CHILDHOOD DEVELOPMENT
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0282
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt031089
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL

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