Civic Intelligence

Donnelly College

990 • Fiscal year 2022 • EIN 48-0623882

Jul 01, 2021 to Jun 30, 2022 • Filed on May 15, 2023

608 N 18th StreetKansas City, KS 66102

(913) 621-8765

Siviq Scores

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

Liabilities / Assets

55th percentile

0.27x

Higher debt load relative to assets than 55% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

78th percentile

1.02x

Higher debt load relative to revenue than 78% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

36th percentile

1.4%

Higher net margin than 36% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

16th percentile

$121,265

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

21st percentile

-9.1%

Faster asset growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Down

$34,086,327

Down $3,432,574 (-9.1%) from 2021

Net Assets

Down

$24,940,405

Down $2,209,770 (-8.1%) from 2021

Liabilities

Down

$9,145,922

Down $1,222,804 (-12%) from 2021

Revenue

Up

$8,989,626

Up $897,732 (+11%) from 2021

Expenses

Up

$8,864,306

Up $369,928 (+4.4%) from 2021

Net Income

Up

$125,320

Up $527,804 (+131%) from 2021

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

2022

Assets$34,086,327
Liabilities$9,145,922
Net Assets$24,940,405

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

2022

Revenue$8,989,626
Expenses$8,864,306
Net Income$125,320
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 15, 2023
Return Version
2021v4.2
Gross Receipts
$9,567,648
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
Other Notes and Loans Receivable, Net$11,669,300$11,669,300→ $0
Land, Buildings, and Equipment, Net$8,321,356$7,993,483▼ $327,873
Investments in Publicly Traded Securities$8,829,814$7,728,461▼ $1,101,353
Cash and Non-Interest-Bearing Accounts$3,229,739$2,377,144▼ $852,595
Savings and Temporary Cash Investments$2,562,695$2,312,352▼ $250,343
Pledges and Grants Receivable$2,168,272$1,082,399▼ $1,085,873
Investments Program Related$-14,668$538,256▲ $552,924
Accounts Receivable$172,117$168,825▼ $3,292
Investments Other Securities$110,076$108,471▼ $1,605
Prepaid Expenses and Deferred Charges$109,108$107,636▼ $1,472
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$37,518,901$34,086,327▼ $3,432,574
Other Assets Total$361,092$0▼ $361,092
Liabilities
Unsecured Notes Loans Payable$8,368,566$8,316,970▼ $51,596
Accounts Payable and Accrued Expenses$1,869,759$486,796▼ $1,382,963
Deferred Revenue$130,401$342,156▲ $211,755
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$10,368,726$9,145,922▼ $1,222,804
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$16,415,117$16,263,479▼ $151,638
Net Assets With Donor Restrictions$10,735,058$8,676,926▼ $2,058,132
Total Net Assets Fund Balance$27,150,175$24,940,405▼ $2,209,770
Total Liabilities and Net Assets / Fund Balance$37,518,901$34,086,327▼ $3,432,574

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,072,437$1,114,015$6,186,452
Equipment$1,391,160$1,566,777$2,957,937
Leasehold Improvements$1,466,195$373,323$1,839,518
Other Land Buildings$35,691-$35,691
Land$28,000-$28,000

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$8,515,527$351,681▼ $1,103,951-$7,544,467
2020$6,719,094$176,100▲ $1,798,591-$8,515,527
2019$6,633,974$65,265▲ $202,322-$6,719,094
2018$6,393,438$146,456▲ $270,006-$6,633,974
2017$5,996,157$192,000▲ $385,783-$6,393,438
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Swetland StuartPresidentFT$93,760$27,505$121,265
Barry BernardTreasurerFT$69,726$8,587$78,313
Buckley EmilySecretaryFT$69,510$8,000$77,510

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$5,747,713
Program Service Revenue
$2,866,187
Investment Income
$390,008
Other Revenue
$-14,282
All Other Contributions
$1,701,419
Change in Net Assets
$125,320
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,100,846
Salaries, Compensation, and Employee Benefits$3,952,228
Grants and Similar Amounts Paid$811,232
Total Fundraising Expense$544,001
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,342,979$435,258$276,706$3,054,943
Occupancy$898,260$101,213$12,936$1,012,409
Grants to Domestic Individuals$811,232--$811,232
Depreciation Depletion$497,274$7,499$65,475$570,248
All Other Expenses$438,253$101,901$2,110$542,264
Office Expenses$243,681$155,478$10,111$409,270
Fees for Services Other$120,674$145,127$68,357$334,158
Current Officers, Directors, Trustees, and Key Employees-$271,977-$271,977
Interest$224,758-$16,378$241,136
Payroll Taxes$179,857$37,174$19,025$236,056
Other Employee Benefits$144,874$60,110-$204,984
Advertising$21,320$127,872$53,143$202,335
Pension Plan Contributions$123,576$60,692-$184,268
Fees for Services Accounting$3,900$102,105-$106,005
Insurance$34,850$34,439$4,588$73,877
Fees for Service Investment Mgmnt Fees-$73,780-$73,780
Conferences and Meetings$61,841$7,010$145$68,996
Travel$14,824$16,331$3,275$34,430
Information Technology--$9,032$9,032
Other Expenses$96,578$60$414$474
Total Functional Expenses$6,407,042$1,913,263$544,001$8,864,306
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$48,753
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shine$719,352-$12,180-
1day4donnelly$47,833-$6,935-
Total Events$767,185-$48,753$-48,753
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

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
% MSGR STUART SWETLAND
Phone
9136218765
Address
608 N 18TH STREET, KANSAS CITY, KS 66102

Signing Officer

Name
Msgr Stuart Swetland
Title
President
Phone
9136218765
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald Moench
Formed
1949
Legal Domicile
Ks
Voting Board Members
30
Independent Board Members
30
Employees
171
Volunteers
32

Preparer

Firm
Forvis Llp
Address
1201 Walnut Suite 1700, Kansas City, MO 64106-2246
Preparer
April Arnold CPA
Phone
8162216300
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

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 business leadership that fulfills a community need for business skills that emphasize leadership, 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 XI, Line 9

Earnings of donnelly college real estate holdings ($570,715)

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.

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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