Civic Intelligence

Cowley College Foundation

990 • Fiscal year 2014 • EIN 48-0735167

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 11, 2014

125 S 2nd StreetArkansas City, KS 67005

(620) 441-5245

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

6th percentile

0.00x

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

77th percentile

18%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

71st percentile

9.9%

Faster asset growth than 71% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-27%

Faster revenue growth than 9% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$5,536,427

Up $498,945 (+9.9%) from 2013

Net Assets

Up

$5,536,427

Up $498,945 (+9.9%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$456,369

No earlier filing loaded for comparison.

Expenses

Down

$375,630

Down $24,264 (-6.1%) from 2013

Net Income

$80,739

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,671,710Liabilities 2011: $0Net Assets 2011: $4,671,7102011Assets 2012: $4,409,028Liabilities 2012: $0Net Assets 2012: $4,409,0282012Assets 2013: $5,037,482Liabilities 2013: $0Net Assets 2013: $5,037,4822013Assets 2014: $5,536,427Liabilities 2014: $0Net Assets 2014: $5,536,4272014Assets 2016: $5,546,474Liabilities 2016: $0Net Assets 2016: $5,546,4742016Assets 2017: $6,062,041Liabilities 2017: $1,048Net Assets 2017: $6,060,9932017Assets 2018: $7,153,350Liabilities 2018: $143Net Assets 2018: $7,153,2072018Assets 2019: $7,444,386Liabilities 2019: $31,939Net Assets 2019: $7,412,4472019Assets 2020: $7,567,539Liabilities 2020: $0Net Assets 2020: $7,567,5392020Assets 2021: $9,531,419Liabilities 2021: $0Net Assets 2021: $9,531,4192021Assets 2022: $8,752,579Liabilities 2022: $3,110Net Assets 2022: $8,749,4692022Assets 2023: $10,874,198Liabilities 2023: $188,211Net Assets 2023: $10,685,9872023Assets 2024: $11,769,670Liabilities 2024: $535,087Net Assets 2024: $11,234,5832024

Highlighted filing

2014

Assets$5,536,427
Liabilities$0
Net Assets$5,536,427

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $379,8962011Expenses 2012: $748,1602012Expenses 2013: $399,8942013Revenue 2014: $456,369Expenses 2014: $375,630Net Income 2014: $80,7392014Revenue 2016: $209,106Expenses 2016: $332,759Net Income 2016: -$123,6532016Revenue 2017: $454,283Expenses 2017: $217,567Net Income 2017: $236,7162017Revenue 2018: $1,211,254Expenses 2018: $259,532Net Income 2018: $951,7222018Revenue 2019: $722,825Expenses 2019: $454,156Net Income 2019: $268,6692019Revenue 2020: $634,351Expenses 2020: $378,600Net Income 2020: $255,7512020Revenue 2021: $1,082,512Expenses 2021: $301,356Net Income 2021: $781,1562021Revenue 2022: $1,731,602Expenses 2022: $598,477Net Income 2022: $1,133,1252022Revenue 2023: $1,817,464Expenses 2023: $811,282Net Income 2023: $1,006,1822023Revenue 2024: $3,410,124Expenses 2024: $3,152,356Net Income 2024: $257,7682024

Highlighted filing

2014

Revenue$456,369
Expenses$375,630
Net Income$80,739
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 11, 2014
Return Version
2013v3.1
Gross Receipts
$480,760
Mission and Program Overview

Mission

To enhance educational services provided by cowley county community college, arkansas city, kansas

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,864,573$5,342,098▲ $477,525
Cash and Non-Interest-Bearing Accounts$58,432$129,261▲ $70,829
Pledges and Grants Receivable$66,440$61,697▼ $4,743
Total Assets$4,993,892$5,536,427▲ $542,535
Other Assets Total$4,447$3,371▼ $1,076
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,600,747$2,711,210▲ $110,463
Temporarily Rstr Net Assets$1,361,260$1,759,361▲ $398,101
Unrestricted Net Assets$1,031,885$1,065,856▲ $33,971
Total Net Assets Fund Balance$4,993,892$5,536,427▲ $542,535
Total Liabilities and Net Assets / Fund Balance$4,993,892$5,536,427▲ $542,535

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$2,600,747$64,581▲ $45,882-$2,711,210
2013$2,360,955$231,018▲ $8,774-$2,600,747
2012$2,293,178$87,063▼ $19,286-$2,360,955
2011$1,778,176$451,664▲ $63,338-$2,293,178
2010$1,706,054$72,122--$1,778,176
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nick RogersPresident
Bill DockingDirector
Bob FosterDirector
Bruce SchwyhartDirector
Curt FreelandDirector
Dennis ShurtzDirector
Dick BonfyDirector
Donna AveryDirector
John SturdDirector
Joyce McartorDirector
Ladonna LanningDirector
Mike MunsonDirector
Nathan NilesDirector
Patty NeisesDirector
Steve EnglishTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$261,451
Program Service Revenue
$0
Investment Income
$183,524
Other Revenue
$11,394
All Other Contributions
$120,200
Change in Net Assets
$80,739

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$39,304Fair Market Value (FMV)
Total Noncash Contributions1$39,304-

Audited Revenue Reconciliation

Revenue per Audited Statements
$456,369
Revenue Not Reported on Form 990
$632,900
Total Revenue per Audited Statements
$1,089,269
Total Revenue per Form 990
$456,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$206,723
Other Expenses$168,907
Total Fundraising Expense$25,479
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$206,723--$206,723
Fees for Service Investment Mgmnt Fees-$27,569-$27,569
Other Expenses-$28,234$16,700$16,700
All Other Expenses-$666$8,779$9,445
Total Functional Expenses$206,723$143,428$25,479$375,630

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$546,734
Expenses per Audited Statements$375,630
Total Expenses per Form 990$375,630
Expenses Not Reported on Form 990$171,104
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$33,085
Fundraising Direct Expenses$23,781
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$60,454-$1,484-
Event 2$25,336---
Total Events$135,032$33,085$23,781$9,304
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-OfficerInvestment HoldingNo$4,814,346
-OfficerInvestment HoldingNo$114,025
Governance and Compliance

Governance Checklist

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

Form 990, Part VI

Form 990 is reviewed by the vice president and the records and receivable specialist of the endowment assoc. Before the return is signed & filed.

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

Management reviews and then board approves.

Form 990, Page 6, Part VI, Line 12C

The board reviews potential conflicts of interest annually. Members abstain from voting on related transactions.

Form 990, Page 6, Part VI, Line 19

The documents are available for inspection at the endowment offices and copies are provided upon request.

Filing and Contact Details

Filer

EIN
48-0735167
Phone
6204415245

Signing Officer

Name
Ben Schears
Title
VP Institutional Advancement
Phone
6204415245
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
1967
Legal Domicile
Ks
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
27

Preparer

Preparer
Christina Henson CPA
Phone
6206623358
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Fund-raising expense netted with rev 23,781 fund-raising expense netted with rev -23,781

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Fund-raising expense netted with rev 23,781

Schedule D, Page 4, Part XII, Line 2D

Fund-raising expense netted with rev 23,781

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.8$0.54$11.2$3.41$3.15$0.26
2023Detailed filing. Detailed filing data is available for this year.$10.9$0.19$10.7$1.82$0.81$1.01
2022Detailed filing. Detailed filing data is available for this year.$8.75$0.00$8.75$1.73$0.60$1.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.53$0.00$9.53$1.08$0.30$0.78
2020Detailed filing. Detailed filing data is available for this year.$7.57$0.00$7.57$0.63$0.38$0.26
2019Detailed filing. Detailed filing data is available for this year.$7.44$0.03$7.41$0.72$0.45$0.27
2018Detailed filing. Detailed filing data is available for this year.$7.15$0.00$7.15$1.21$0.26$0.95
2017Detailed filing. Detailed filing data is available for this year.$6.06$0.00$6.06$0.45$0.22$0.24
2016Detailed filing. Detailed filing data is available for this year.$5.55$0.00$5.55$0.21$0.33$0.12
2014Detailed filing. Detailed filing data is available for this year.$5.54$0.00$5.54$0.46$0.38$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.04$0.00$5.04$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.00$4.41$0.75
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.67$0.00$4.67$0.38
Peer Organizations

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