Civic Intelligence

Donnelly College

990 • Fiscal year 2018 • EIN 48-0623882

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

608 N 18th StKansas City, KS 66102

(913) 621-8700

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.08x

Higher debt load relative to assets than 33% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

42nd percentile

0.16x

Higher debt load relative to revenue than 42% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

17th percentile

$79,334

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

79th percentile

13%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

88th percentile

45%

Faster revenue growth than 88% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$16,816,177

Up $1,987,397 (+13%) from 2017

Net Assets

Up

$15,486,986

Up $2,050,547 (+15%) from 2017

Liabilities

Down

$1,329,191

Down $63,150 (-4.5%) from 2017

Revenue

Up

$8,103,882

Up $2,514,179 (+45%) from 2017

Expenses

Up

$6,136,114

Up $48,298 (+0.8%) from 2017

Net Income

Up

$1,967,768

Up $2,465,881 (+495%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $10,503,965Liabilities 2010: $1,465,046Net Assets 2010: $9,038,9192010Assets 2011: $12,337,189Liabilities 2011: $1,668,181Net Assets 2011: $10,669,0082011Assets 2012: $12,175,715Liabilities 2012: $1,858,862Net Assets 2012: $10,316,8532012Assets 2013: $13,238,077Liabilities 2013: $2,656,733Net Assets 2013: $10,581,3442013Assets 2014: $15,742,380Liabilities 2014: $1,922,111Net Assets 2014: $13,820,2692014Assets 2015: $15,556,146Liabilities 2015: $1,815,078Net Assets 2015: $13,741,0682015Assets 2016: $14,966,063Liabilities 2016: $1,441,494Net Assets 2016: $13,524,5692016Assets 2017: $14,828,780Liabilities 2017: $1,392,341Net Assets 2017: $13,436,4392017Assets 2018: $16,816,177Liabilities 2018: $1,329,191Net Assets 2018: $15,486,9862018Assets 2019: $31,424,805Liabilities 2019: $13,842,218Net Assets 2019: $17,582,5872019Assets 2020: $36,054,995Liabilities 2020: $10,158,781Net Assets 2020: $25,896,2142020Assets 2021: $37,518,901Liabilities 2021: $10,368,726Net Assets 2021: $27,150,1752021Assets 2022: $34,086,327Liabilities 2022: $9,145,922Net Assets 2022: $24,940,4052022Assets 2023: $34,337,337Liabilities 2023: $9,641,787Net Assets 2023: $24,695,5502023Assets 2024: $40,921,883Liabilities 2024: $9,989,249Net Assets 2024: $30,932,6342024Assets 2025: $45,060,996Liabilities 2025: $10,333,468Net Assets 2025: $34,727,5282025

Highlighted filing

2018

Assets$16,816,177
Liabilities$1,329,191
Net Assets$15,486,986

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,914,9702010Expenses 2011: $5,500,0882011Expenses 2012: $5,593,2652012Revenue 2013: $6,149,184Expenses 2013: $5,674,488Net Income 2013: $474,6962013Revenue 2014: $8,527,189Expenses 2014: $5,842,220Net Income 2014: $2,684,9692014Revenue 2015: $6,638,268Expenses 2015: $6,242,911Net Income 2015: $395,3572015Revenue 2016: $5,580,004Expenses 2016: $5,624,263Net Income 2016: -$44,2592016Revenue 2017: $5,589,703Expenses 2017: $6,087,816Net Income 2017: -$498,1132017Revenue 2018: $8,103,882Expenses 2018: $6,136,114Net Income 2018: $1,967,7682018Revenue 2019: $8,935,323Expenses 2019: $6,608,245Net Income 2019: $2,327,0782019Revenue 2020: $15,341,973Expenses 2020: $6,900,393Net Income 2020: $8,441,5802020Revenue 2021: $8,091,894Expenses 2021: $8,494,378Net Income 2021: -$402,4842021Revenue 2022: $8,989,626Expenses 2022: $8,864,306Net Income 2022: $125,3202022Revenue 2023: $9,461,902Expenses 2023: $10,818,403Net Income 2023: -$1,356,5012023Revenue 2024: $17,726,427Expenses 2024: $10,642,640Net Income 2024: $7,083,7872024Revenue 2025: $14,860,183Expenses 2025: $11,250,805Net Income 2025: $3,609,3782025

Highlighted filing

2018

Revenue$8,103,882
Expenses$6,136,114
Net Income$1,967,768
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$8,252,347
Mission and Program Overview

Mission

To provide education and community services with personal concern for the needs and abilities of each student, especially those who might not otherwise be served.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,060,189$6,622,222▲ $562,033
Land, Buildings, and Equipment, Net$3,623,815$4,826,354▲ $1,202,539
Savings and Temporary Cash Investments$3,277,606$2,663,003▼ $614,603
Pledges and Grants Receivable$1,405,416$2,482,992▲ $1,077,576
Prepaid Expenses and Deferred Charges$116,567$94,052▼ $22,515
Cash and Non-Interest-Bearing Accounts$79,598$54,098▼ $25,500
Investments Other Securities$49,750$48,354▼ $1,396
Inventories for Sale or Use$43,453$0▼ $43,453
Accounts Receivable$172,386$25,102▼ $147,284
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$14,828,780$16,816,177▲ $1,987,397
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$633,149$742,748▲ $109,599
Unsecured Notes Loans Payable$587,498$399,195▼ $188,303
Deferred Revenue$171,694$187,248▲ $15,554
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,392,341$1,329,191▼ $63,150
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,518,334$5,944,455▲ $1,426,121
Unrestricted Net Assets$4,722,240$5,239,350▲ $517,110
Permanently Rstr Net Assets$4,195,865$4,303,181▲ $107,316
Total Net Assets Fund Balance$13,436,439$15,486,986▲ $2,050,547
Total Liabilities and Net Assets / Fund Balance$14,828,780$16,816,177▲ $1,987,397

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$4,181,151$1,512,117$5,693,268
Buildings$426,193$2,730,155$3,156,348
Equipment$156,418$2,243,620$2,400,038
Other Land Buildings$34,592-$34,592
Land$28,000-$28,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$5,996,157$192,000▲ $385,783-$6,393,438
2017$5,482,182$181,000▲ $523,871-$5,996,157
2016$5,168,405$459,512▼ $17,676$47,175$5,482,182
2015$4,919,595$366,674▲ $19,308-$5,168,405
2014$3,387,992$1,238,282▲ $466,436-$4,919,595
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Swetland StuartPresidentFT$56,151$23,183$79,334
Hicks CherylTreasurerFT$62,036$13,356$75,392
Buckley EmilySecretaryFT$58,483$13,279$71,762

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,337,144
Program Service Revenue
$2,325,902
Investment Income
$363,562
Other Revenue
$77,274
All Other Contributions
$4,136,644
Change in Net Assets
$1,967,768

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,525,852
Revenue Not Reported on Financial Statements
$578,030
Revenue Not Reported on Form 990
$180,018
Other Revenue Adjustments
$533,219
Total Revenue per Audited Statements
$7,705,870
Total Revenue per Form 990
$8,103,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,651,800
Other Expenses$1,951,095
Grants and Similar Amounts Paid$533,219
Total Fundraising Expense$260,313
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,092,314$499,995$213,634$2,805,943
Grants to Domestic Individuals$533,219--$533,219
Depreciation Depletion$384,316$67,820-$452,136
Other Employee Benefits$150,959$77,064$15,407$243,430
Office Expenses$105,129$134,509$1,375$241,013
Current Officers, Directors, Trustees, and Key Employees-$226,488-$226,488
Payroll Taxes$135,576$49,340$13,843$198,759
Occupancy$150,872$26,625-$177,497
Pension Plan Contributions$125,339$39,049$12,792$177,180
All Other Expenses$101,790$72,271-$174,061
Fees for Services Other$155,133$9,539$1,374$166,046
Advertising$2,552$109,966-$112,518
Fees for Services Accounting-$83,334-$83,334
Other Expenses$67,383$760$1,727$68,143
Fees for Service Investment Mgmnt Fees-$44,811-$44,811
Insurance$35,807$3,979-$39,786
Travel$21,938$15,583-$37,521
Conferences and Meetings$21,437$11,833$161$33,431
Interest$13,172$2,324-$15,496
Total Functional Expenses$4,393,802$1,481,999$260,313$6,136,114

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,136,114
Total Expenses per Audited Statements$5,655,323
Expenses per Audited Statements$5,558,084
Expenses Not Reported on Financial Statements$578,030
Other Expense Adjustments$533,219
Expenses Not Reported on Form 990$97,239
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,643
Fundraising Gross Income$25,000
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shine$267,280$25,000$7,377$17,623
Total Events$267,280$25,000$48,643$-23,643
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
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 1A

Students come to donnelly from throughout the kansas city metro and across the globe to benefit from its phenomenal programming, including various degrees (aa, as and aas), a bachelor's degree in organizational leadership that fulfills a community need for business skills that emphasize leadership, a bachelor's degree in urban teacher education that will provide skills and qualifications for those seeking to provide education to elementary students in an urban school environment, a bachelor's degree in information services that will provide skills and qualifications in a variety of information technology avenues, a lpn certificate program, and a pioneering esl and preparatory education program.

Form 990, Part VI, Section A, Line 6

The membership board of donnelly college consists of the archbishop, the chancellor, and the vicar general of the roman catholic archdiocese of kansas city in kansas, and the prioress of the benedictine sisters of mount st. Scholastic of atchison, kansas.

Form 990, Part VI, Section A, Line 7A

Directors shall be elected by the board of directors at its annual meeting, or at any special meeting called for such purpose, from a list of nominees recommended to the board of directors by the mission and trusteeship committee or by any member of the board of directors, subject to previous or subsequent approval by the membership board.

Form 990, Part VI, Section A, Line 7B

The following decisions by the board of directors are subject to approval by the membership board: a. Amendment of the articles of incorporation. B. Amendment of the bylaws. C. Adoption and amendment of an official mission statement, vision statement, and other statements of basic principles. D. The sale, transfer, lease, exchange, or other disposition of any real estate and its appurtenances owned by the corporation. E. The merger or consolidation of the corporation with any other corporation or entity. F. The dissolution of the corporation or the discontinuance of a substantial part of its activities. G. Establishing borrowing procedures which will govern the corporation.

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

An independent accounting firm prepares and reviews the 990. The 990 is then reviewed by the organization's officers and accounting personnel. Any questions and concerns the organization's officers and accounting personnel have are addressed and any corrections or clarifications that need to be made are made. The 990 is then provided to the finance committee of the board for their review prior to filing the 990. Any questions and concerns the finance committee have are addressed and any concerns or clarifications that need to be made are made. The final form 990 with all required schedules is then provided to all voting members of the board prior to filing the 990.

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

At the time of hire or elections (in the case of directors) and annually thereafter, the officers, directors, and key employees shall provide the applicable conflict of interest disclosures which shall be completed to identify any relationships, positions, or circumstances in which it is believed a conflict may exist or arise. If a conflict arises the officer, director, or key employee abstains from the vote of the conflicted position. Annual monitoring and review procedure shall be part of the organization's compliance plan. An appropriate report shall be submitted to the executive board concerning any interest disclosed.

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

Annually the organization reviews independent data received from the kansas independent college association to prepare the compensation data study. The executive committee of the governing board took the information from the compensation study and used it to review the compensation of the organization's president.

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

The college president conducts an annual review of other officers and key employees compensation based on independent data received from the kansas independent college association.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Donnelly College
EIN
48-0623882
In Care Of
% CHERYL L HICKS
Phone
9136218700
Address
608 N 18TH ST, KANSAS CITY, KS 66102

Signing Officer

Name
Cheryl L Hicks
Title
VP-business Affairs
Phone
9136218765
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cheryl L Hicks
Formed
1949
Legal Domicile
Ks
Voting Board Members
28
Independent Board Members
28
Employees
163
Volunteers
28

Preparer

Firm
Bkd Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
Kevin R Ensminger CPA
Phone
8162216300
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4

The organization's endowment funds are used for scholarships and operations as designated by donor intent.

Schedule D, Part X, Line 2

Management has evaluated their income tax positions under the guidance included in asc 740. Based on their review, management has not identified any material uncertain tax positions to be recorded or disclosed in the financial statements.

Schedule D, Part XI, Lines 2D & 4B

Line 2d: cost of goods sold $ 48,596 fundraising event expenses $ 48,643 ----------- $ 97,239 line 4b: scholarships and grants $ 533,219

Schedule D, Part XII, Lines 2D & 4B

Line 2d: cost of goods sold $ 48,596 fundraising event expenses $ 48,643 ----------- $ 97,239 line 4b: scholarships and grants $ 533,219

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$45.1$10.3$34.7$14.9$11.3$3.61
2024Detailed filing. Detailed filing data is available for this year.$40.9$9.99$30.9$17.7$10.6$7.08
2023Detailed filing. Detailed filing data is available for this year.$34.3$9.64$24.7$9.46$10.8$1.36
2022Detailed filing. Detailed filing data is available for this year.$34.1$9.15$24.9$8.99$8.86$0.13
2021Detailed filing. Detailed filing data is available for this year.$37.5$10.4$27.2$8.09$8.49$0.40
2020Detailed filing. Detailed filing data is available for this year.$36.1$10.2$25.9$15.3$6.90$8.44
2019Detailed filing. Detailed filing data is available for this year.$31.4$13.8$17.6$8.94$6.61$2.33
2018Detailed filing. Detailed filing data is available for this year.$16.8$1.33$15.5$8.10$6.14$1.97
2017Detailed filing. Detailed filing data is available for this year.$14.8$1.39$13.4$5.59$6.09$0.50
2016Detailed filing. Detailed filing data is available for this year.$15.0$1.44$13.5$5.58$5.62$0.04
2015Detailed filing. Detailed filing data is available for this year.$15.6$1.82$13.7$6.64$6.24$0.40
2014Detailed filing. Detailed filing data is available for this year.$15.7$1.92$13.8$8.53$5.84$2.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$2.66$10.6$6.15$5.67$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.2$1.86$10.3$5.59
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$1.67$10.7$5.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$1.47$9.04$4.91