Civic Intelligence

Goddard Education Foundation

990 • Fiscal year 2020 • EIN 47-2188832

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 22, 2021

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

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

95th percentile

74%

Higher net margin than 95% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

50th percentile

$59,558

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 16.1% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

78th percentile

29%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

57%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,296,200

Up $289,459 (+29%) from 2019

Net Assets

Up

$1,296,200

Up $289,459 (+29%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$370,336

Up $135,054 (+57%) from 2019

Expenses

Up

$95,471

Up $8,644 (+10.0%) from 2019

Net Income

Up

$274,865

Up $126,410 (+85%) from 2019

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

2020

Assets$1,296,200
Liabilities$0
Net Assets$1,296,200

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

2020

Revenue$370,336
Expenses$95,471
Net Income$274,865
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 22, 2021
Return Version
2019v5.0
Gross Receipts
$545,022
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$898,678$1,133,599▲ $234,921
Cash and Non-Interest-Bearing Accounts$55,494$109,414▲ $53,920
Savings and Temporary Cash Investments$50,000$50,620▲ $620
Prepaid Expenses and Deferred Charges$2,019$2,017▼ $2
Total Assets$1,006,741$1,296,200▲ $289,459
Other Assets Total$550$550→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$710,924$753,649▲ $42,725
Net Assets Without Donor Restrictions$295,817$542,551▲ $246,734
Total Net Assets Fund Balance$1,006,741$1,296,200▲ $289,459
Total Liabilities and Net Assets / Fund Balance$1,006,741$1,296,200▲ $289,459

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$898,678$176,606▲ $59,660-$1,133,599
2018$818,784$49,480▲ $30,752-$898,678
2017$722,977$88,382▲ $7,907-$818,784
2016-$714,462▲ $8,623-$722,977
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Dane BaxaExecutive DiFT$59,558$59,558

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$309,994
Program Service Revenue
$0
Investment Income
$43,848
Other Revenue
$16,494
All Other Contributions
$236,327
Change in Net Assets
$274,865

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 Traded2$177,100Fair Market Value
Total Noncash Contributions2$177,100-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$58,258
Total Fundraising Expense$48,074
Grants and Similar Amounts Paid$22,126
Other Expenses$15,087
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$11,652$46,606$58,258
Grants to Domestic Orgs$22,126--$22,126
Office Expenses-$3,558$1,324$4,882
Travel$2,762--$2,762
Information Technology-$2,026-$2,026
Insurance-$1,726-$1,726
Fees for Services Accounting-$1,500-$1,500
Conferences and Meetings-$553$87$640
Other Expenses$844$100$57$157
Total Functional Expenses$25,732$21,665$48,074$95,471
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Usd 265Goddard, KS-Educational$22,126
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$34,950
Fundraising Direct Expenses$18,456
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Boots and Bling$88,321$32,420$747$31,673
Goddard Alumni$20,296$2,530$2,100$430
Total Events$108,617$34,950$18,456$16,494
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 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
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. Trustee 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
Tom Borrego
Title
President
Phone
3167944000
Signed
2021-02-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Borrego
Formed
2014
Legal Domicile
Ks
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
60

Preparer

Firm
Bfr CPA LLC
Address
10000 W 37TH ST N, 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/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
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