Civic Intelligence

Dawn Charitable Developers Inc

990 • Fiscal year 2021 • EIN 47-3786139

Jan 01, 2021 to Dec 31, 2021 • Filed on May 15, 2022

C/O R Castro 12335 Shadowhollow DrHouston, TX 77082

(281) 759-6774

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$8,722,078

Up $3,913,223 (+81%) from 2020

Net Assets

Up

$8,712,228

Up $3,909,628 (+81%) from 2020

Liabilities

Up

$9,850

Up $3,595 (+57%) from 2020

Revenue And Expenses

Revenue

Up

$5,730,048

Up $954,132 (+20%) from 2020

Expenses

Up

$1,788,970

Up $1,218,093 (+213%) from 2020

Net Income

Down

$3,941,078

Down $263,961 (-6.3%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2015: $1Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $5,000Net Assets 2016: -$5,0002016Assets 2017: $354,101Liabilities 2017: $5,525Net Assets 2017: $348,5762017Assets 2018: $332,952Liabilities 2018: $5,276Net Assets 2018: $327,6762018Assets 2019: $382,349Liabilities 2019: $5,168Net Assets 2019: $377,1812019Assets 2020: $4,808,855Liabilities 2020: $6,255Net Assets 2020: $4,802,6002020Assets 2021: $8,722,078Liabilities 2021: $9,850Net Assets 2021: $8,712,2282021Assets 2022: $11,375,575Liabilities 2022: $10,293Net Assets 2022: $11,365,2822022Assets 2023: $10,180,217Liabilities 2023: $88,132Net Assets 2023: $10,092,0852023Assets 2024: $13,904,402Liabilities 2024: $1,500,293Net Assets 2024: $12,404,1092024

Highlighted filing

2021

Assets$8,722,078
Liabilities$9,850
Net Assets$8,712,228

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $14,346Expenses 2016: $15,633Net Income 2016: -$1,2872016Revenue 2017: $353,773Expenses 2017: $11,357Net Income 2017: $342,4162017Revenue 2018: $28,852Expenses 2018: $15,751Net Income 2018: $13,1012018Revenue 2019: $31,835Expenses 2019: $16,256Net Income 2019: $15,5792019Revenue 2020: $4,775,916Expenses 2020: $570,877Net Income 2020: $4,205,0392020Revenue 2021: $5,730,048Expenses 2021: $1,788,970Net Income 2021: $3,941,0782021Revenue 2022: $6,359,818Expenses 2022: $2,957,166Net Income 2022: $3,402,6522022Revenue 2023: $9,010,049Expenses 2023: $10,893,585Net Income 2023: -$1,883,5362023Revenue 2024: $6,015,129Expenses 2024: $3,851,728Net Income 2024: $2,163,4012024

Highlighted filing

2021

Revenue$5,730,048
Expenses$1,788,970
Net Income$3,941,078
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 15, 2022
Return Version
2021v4.2
Gross Receipts
$5,730,048
Mission and Program Overview

Mission

To develop, improve and support nonprofit, parochial schools located in the united states, mexico, brazil and italy. The organization will transfer funds directly to the legion schools which are constructing new facilities or establishing new programs in furtherance of their educational purposes.

To develop, improve and support nonprofit parochial schools located in unites states, mexico, brazil and italy. The organization will transfer funds directly to schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,802,600$8,712,228▲ $3,909,628
Investments in Publicly Traded Securities$4,490,798$6,525,063▲ $2,034,265
Cash and Non-Interest-Bearing Accounts$314,323$2,192,614▲ $1,878,291
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$4,808,855$8,722,078▲ $3,913,223
Other Assets Total$3,734$4,401▲ $667
Liabilities
Accounts Payable and Accrued Expenses$6,255$9,850▲ $3,595
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$6,255$9,850▲ $3,595
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,802,600$8,712,228▲ $3,909,628
Total Liabilities and Net Assets / Fund Balance$4,808,855$8,722,078▲ $3,913,223
Compensation and Service Providers

Board Members and Trustees

NameTitle
John ConnorPresident
Hernan JimenezVice-president
Rafael DucciDirector
Frank FormoloAssistant Secretary
Andreas SchogglSecretary
Jose Gerardo CardenasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,257,506
Program Service Revenue
$0
Investment Income
$472,542
Other Revenue
$0
All Other Contributions
$114,556
Change in Net Assets
$3,941,078
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,413,853
Other Expenses$375,117
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,207,368--$1,207,368
Fees for Services Accounting-$301,625-$301,625
Foreign Grants$206,485--$206,485
Office Expenses-$64,663-$64,663
Fees for Services Other-$3,536-$3,536
Insurance-$3,473-$3,473
Other Expenses-$44-$44
Total Functional Expenses$1,413,853$375,117$0$1,788,970
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Legion of Christ IncRoswell, GA501(c)(3)Educational Development$600,000
Legion of Christ Novitiate & College of HumanitiesCheshire, CT501(c)(3)Educational Development$500,000
Regina Apostolorum Foundation IncRoswell, GA501(c)(3)Educational Development$106,755

International Summary

Offices
0
Employees
0
Spending
$206,485

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
South AmericaGrantmakingEducational00$120,707
Europe (Including Iceland and Greenland)GrantmakingEducational00$85,778
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

PART VI, section A, line 6 and 7A

Governance, management disclosure. The organization has members who may elect one or more members of the governing body. Any decisions of the governing body are subject to approval by members. Form 990 is reviewed by the board members. The organization's governing documents, policies and financial statements are not made available to the public.

Part VI, Section B, Line 11B

The organization's Form 990 undergoes a number of internal and external reviews before it is filed with the IRS. The return is prepared by the organization's public accounting firm, BDO USA. A final draft of the Form 990 is provided to each member of the organization's Board of Directors and to outside counsel for review and comment, before it is filed with the IRS.

PART VI, section B, line 12C

To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the results of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

PART VI, section B, Line 15A and 15B

The organization has no employees and is served by volunteer board of directors and officers.

Filing and Contact Details

Filer

Filer Name
LC Fund for Priestly Formation
EIN
47-3786139
In Care Of
% ALVARO DI GIAMMATTEO
Phone
2817596774
Address
C/O R CASTRO 12335 SHADOWHOLLOW DR, Houston, TX 77082

Signing Officer

Name
P Jose Gerardo Cardenas
Title
Treasurer
Phone
2817596774
Signed
2022-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
P Jose Gerardo Cardenas
Formed
2014
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Bdo USA Llp
Address
2929 Allen Parkway 20th Floor, Houston, TX 77019-7100
Preparer
Douglass J Pfefferkorn
Phone
7139601706
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0P JOSE GERARDO CARDENAS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04675662
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0500000
IRS990/PYInvestmentIncomeAmt0100254
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt070877
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt04205039
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0570877
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04775916
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt03941078
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt05142950
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04802600
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt08712228
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05257505
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04675662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010390
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt015860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0346023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010305440
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0472542
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0100254
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt021445
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt012992
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07749
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0614982
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94368
IRS990ScheduleA/PublicSupportPY170Pct00.97263
IRS990ScheduleA/PublicSupportTotal170Amt010305440
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05257505
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04675662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010390
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0346023
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010305440
IRS990ScheduleA/TotalSupportAmt010920422
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt085778
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1120707
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe (Including Iceland and Greenland)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1South America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Educational
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Educational
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Grantmaking
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Grantmaking
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt085778
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1111000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt29707
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0EDUCATIONAL DEVELOPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1EDUCATIONAL DEVELOPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2EDUCATIONAL DEVELOPMENT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0Europe (Including Iceland and Greenland)
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1South America
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2South America
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0206485
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0The organization only provides funds to related organizations in furtherance of its own charitable mission.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaking monitoring
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt0206485
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0500000
IRS990ScheduleI/RecipientTable/CashGrantAmt1600000
IRS990ScheduleI/RecipientTable/CashGrantAmt2106755
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1EDUCATIONAL DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2EDUCATIONAL DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LEGION OF CHRIST NOVITIATE & COLLEGE OF HUMANITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1The Legion of Christ Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Regina Apostolorum Foundation Inc
IRS990ScheduleI/RecipientTable/RecipientEIN0061500606
IRS990ScheduleI/RecipientTable/RecipientEIN1060923895
IRS990ScheduleI/RecipientTable/RecipientEIN2854233106
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0475 OAK AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt130 Mansell CT Suite 103
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt230 Mansell CT Suite 103
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CHESHIRE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Roswell
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Roswell
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CT
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1GA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd006410
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd130076
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd230076
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false

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