Civic Intelligence

Garnette E Greene and Ethlyne R Greene Memorial Scholarship Fund

990 • Fiscal year 2020 • EIN 48-1064924

Jan 01, 2020 to Dec 31, 2020 • Filed on May 20, 2021

P O Box 570Goodland, KS 67735

(785) 890-2000

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

80th percentile

30%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$72,000

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 202.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

38th percentile

1.4%

Faster asset growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

65th percentile

9.7%

Faster revenue growth than 65% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$796,601

Up $10,668 (+1.4%) from 2019

Net Assets

Up

$796,601

Up $10,668 (+1.4%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$35,645

Up $3,164 (+9.7%) from 2019

Expenses

Down

$24,977

Down $3,858 (-13%) from 2019

Net Income

Up

$10,668

Up $7,022 (+193%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $723,398Liabilities 2011: $0Net Assets 2011: $723,3982011Assets 2012: $719,559Liabilities 2012: $0Net Assets 2012: $719,5592012Assets 2013: $720,868Liabilities 2013: $0Net Assets 2013: $720,8672013Assets 2014: $728,583Liabilities 2014: $0Net Assets 2014: $728,5832014Assets 2015: $744,568Liabilities 2015: $0Net Assets 2015: $744,5682015Assets 2016: $763,125Liabilities 2016: $0Net Assets 2016: $763,1252016Assets 2017: $767,594Liabilities 2017: $0Net Assets 2017: $767,5942017Assets 2018: $782,287Liabilities 2018: $0Net Assets 2018: $782,2872018Assets 2019: $785,933Liabilities 2019: $0Net Assets 2019: $785,9332019Assets 2020: $796,601Liabilities 2020: $0Net Assets 2020: $796,6012020Assets 2021: $834,638Liabilities 2021: $0Net Assets 2021: $834,6382021Assets 2022: $859,572Liabilities 2022: $0Net Assets 2022: $859,5722022Assets 2023: $868,767Liabilities 2023: $0Net Assets 2023: $868,7672023Assets 2024: $902,858Liabilities 2024: $0Net Assets 2024: $902,8582024

Highlighted filing

2020

Assets$796,601
Liabilities$0
Net Assets$796,601

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2011: $13,828Expenses 2011: $22,252Net Income 2011: -$8,4242011Revenue 2012: $15,743Expenses 2012: $19,582Net Income 2012: -$3,8392012Revenue 2013: $20,189Expenses 2013: $18,881Net Income 2013: $1,3082013Revenue 2014: $32,449Expenses 2014: $24,733Net Income 2014: $7,7162014Revenue 2015: $37,780Expenses 2015: $21,246Net Income 2015: $16,5342015Revenue 2016: $40,871Expenses 2016: $22,314Net Income 2016: $18,5572016Revenue 2017: $27,053Expenses 2017: $22,584Net Income 2017: $4,4692017Revenue 2018: $39,378Expenses 2018: $24,685Net Income 2018: $14,6932018Revenue 2019: $32,481Expenses 2019: $28,835Net Income 2019: $3,6462019Revenue 2020: $35,645Expenses 2020: $24,977Net Income 2020: $10,6682020Revenue 2021: $61,196Expenses 2021: $23,159Net Income 2021: $38,0372021Revenue 2022: $50,935Expenses 2022: $26,001Net Income 2022: $24,9342022Revenue 2023: $33,966Expenses 2023: $24,771Net Income 2023: $9,1952023Revenue 2024: $62,359Expenses 2024: $28,270Net Income 2024: $34,0892024

Highlighted filing

2020

Revenue$35,645
Expenses$24,977
Net Income$10,668
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 20, 2021
Return Version
2020v4.1
Gross Receipts
$51,801
Mission and Program Overview

Mission

Providing College Scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$785,933$796,601▲ $10,668
Investments in Publicly Traded Securities$617,046$626,390▲ $9,344
Savings and Temporary Cash Investments$168,886$170,211▲ $1,325
Cash and Non-Interest-Bearing Accounts$1--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Total Assets$785,933$796,601▲ $10,668
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$785,933$796,601▲ $10,668
Total Liabilities and Net Assets / Fund Balance$785,933$796,601▲ $10,668
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
David MorrowFund Manager$72,000-$72,000
-Trustee-$8,502$8,502
Chris LeeFund Manager$4,000-$4,000

Board Members and Trustees

NameTitle
Carla LampeFund Manager
Debra MartinFund Manager
Kim ColeFund Manager
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$35,645
Other Revenue
$0
Change in Net Assets
$10,668
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$15,000
Salaries, Compensation, and Employee Benefits$8,502
Other Expenses$1,475
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$15,000--$15,000
Current Officers, Directors, Trustees, and Key Employees-$8,502-$8,502
Fees for Services Accounting-$1,175-$1,175
Fees for Services Legal-$300-$300
Total Functional Expenses$15,000$9,977$0$24,977
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

Debra D. Martin, one of the fund managers that also works for the FNB Bank Trust Department, reviews the form 990 prior to its filing on behalf of the other fund managers.

Form 990, Part VI, Section C, line 19

All governing documents for the Scholarship Fund are available to the public upon request from the FNB Bank in Goodland, Kansas.

Filing and Contact Details

Filer

Filer Name
Garnette E Greene and Ethlyne R Greene
EIN
48-1064924
Phone
7858902000
Address
P O Box 570, Goodland, KS 67735

Signing Officer

Name
Debra D Martin
Title
Fund Manager
Phone
7858902000
Signed
2021-05-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra D Martin
Formed
1988
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Zuspann & Zuspann PA
Address
1002 Broadway Ste B PO Box 968, Goodland, KS 67735-0968
Preparer
Zuspann Zuspann PA
Phone
7858906555
Raw XML Appendix375 raw XML fields

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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The governing instrument states that the trust will provide cash scholarships to selected high school graduates of Cheyenne County, Kansas, in order that such graduates may be financially assisted in attending any accredited college or university in the United States. The two school districts located in Cheyenne County, Kansas, are listed as the supported organizations even though they are not actually listed in the governing documents. The board actually operates with three votes - one by the trustee and one by each school district. When one organization has more than one board member, such as the trustee, then those members only have one vote among them.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1The organization is a trust providing college scholarships to graduates of the two school districts in Cheyenne County, Kansas. The principals of the two schools notify students of the availability of the scholarships, collect applications from students, and submit the applications to the trustee. The principals also advise the Trustee of their recommendations as to the applicants. As part of the management, the principals monitor the investments of the trust along with reviewing and approving the scholarship recipients and amounts.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2The organization is a trust created for the management of the assets and the funding of scholarships for the graduates of the two school districts in Cheyenne county, Kansas, which are governmental agencies.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section A, Line 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section D, Line 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part IV, Section E, Line 1C:
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt17500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Unified School District No 103
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1Unified School District No 297
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0All grants are for College Scholarships
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The scholarships are paid at the beginning of each semester for students enrolled in a minimum of 12 semester hours at a two or four year college or university. The scholarship recipient reads, signs and returns a Letter of Acceptance. In the Acceptance Letter, the recipient agrees to supply the trustee with a copy of their grades, verification of their enrollment and an annual transcript produced by the school. The recipient must provide these documents prior to receiving the next semester's scholarship installment. If the student does not remain enrolled, he or she must agree to return the scholarship funds in total. If the student is on academic probation at the end of the semenster, scholarship funds will be withheld for the following semester. In addition, there are terms by which the scholarships will be forfeited if found guilty of certain misdemeanors or a felony.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 1
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Debra D. Martin, one of the fund managers that also works for the FNB Bank Trust Department, reviews the form 990 prior to its filing on behalf of the other fund managers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All governing documents for the Scholarship Fund are available to the public upon request from the FNB Bank in Goodland, Kansas.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1Unified School District No 297
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1170(b)(1)A(v)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0KS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1KS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Public Elementary, Jr. High and High Schools
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1Public Elementary, Jr. High and High Schools
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0605 South Bird Avenue
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1100 S College
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Bird City
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1St Francis
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1KS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd067731
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd167756
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KS
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0785933
IRS990/TotalAssetsEOYAmt0796601
IRS990/TotalAssetsGrp/BOYAmt0785933
IRS990/TotalAssetsGrp/EOYAmt0796601
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09977
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt015000
IRS990/TotalFunctionalExpensesGrp/TotalAmt024977
IRS990/TotalGrossUBIAmt031801
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0785933
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0796601
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt015000
IRS990/TotalReportableCompFromOrgAmt076000
IRS990/TotalRevenueGrp/ExclusionAmt03844
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt035645
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt031801
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0785933
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0796601
IRS990/TotReportableCompRltdOrgAmt08502
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 570
IRS990/USAddress/CityNm0Goodland
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd067735
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Debra D Martin
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Fund Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum07858902000
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Garnette E Greene and Ethlyne R Greene
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Memorial Scholarship Fund
ReturnHeader/Filer/BusinessNameControlTxt0GARN
ReturnHeader/Filer/EIN0481064924
ReturnHeader/Filer/PhoneNum07858902000
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O Box 570
ReturnHeader/Filer/USAddress/CityNm0Goodland
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd067735
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0480998623
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Zuspann & Zuspann PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01002 Broadway Ste B PO Box 968
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Goodland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0677350968
ReturnHeader/PreparerPersonGrp/PhoneNum07858906555
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Zuspann Zuspann PA
ReturnHeader/ReturnTs02021-05-25T11:09:35-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Debra
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Martin
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.03$0.00$9.03$0.62$0.28$0.34
2023Detailed filing. Detailed filing data is available for this year.$8.69$0.00$8.69$0.34$0.25$0.09
2022Detailed filing. Detailed filing data is available for this year.$8.60$0.00$8.60$0.51$0.26$0.25
2021Detailed filing. Detailed filing data is available for this year.$8.35$0.00$8.35$0.61$0.23$0.38
2020Detailed filing. Detailed filing data is available for this year.$7.97$0.00$7.97$0.36$0.25$0.11
2019Summary only. Only limited summary data is available for this year.$7.86$0.00$7.86$0.32$0.29$0.04
2018Summary only. Only limited summary data is available for this year.$7.82$0.00$7.82$0.39$0.25$0.15
2017Summary only. Only limited summary data is available for this year.$7.68$0.00$7.68$0.27$0.23$0.04
2016Summary only. Only limited summary data is available for this year.$7.63$0.00$7.63$0.41$0.22$0.19
2015Summary only. Only limited summary data is available for this year.$7.45$0.00$7.45$0.38$0.21$0.17
2014Summary only. Only limited summary data is available for this year.$7.29$0.00$7.29$0.32$0.25$0.08
2013Summary only. Only limited summary data is available for this year.$7.21$0.00$7.21$0.20$0.19$0.01
2012Summary only. Only limited summary data is available for this year.$7.20$0.00$7.20$0.16$0.20$0.04
2011Summary only. Only limited summary data is available for this year.$7.23$0.00$7.23$0.14$0.22$0.08