Civic Intelligence

The Ellis Foundation

990 • Fiscal year 2019 • EIN 48-1093604

Apr 01, 2018 to Mar 31, 2019 • Filed on Feb 18, 2020

PO Box 54Fort Scott, KS 66701

(620) 223-2232

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

6th percentile

0.00x

Higher debt load relative to revenue than 6% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

76th percentile

16%

Higher net margin than 76% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

61st percentile

$210,944

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

41st percentile

1.5%

Faster asset growth than 41% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-1.0%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$16,778,780

Up $243,247 (+1.5%) from 2018

Net Assets

Up

$16,767,097

Up $242,058 (+1.5%) from 2018

Liabilities

Up

$11,683

Up $1,189 (+11%) from 2018

Revenue

Down

$3,105,100

Down $30,513 (-1.0%) from 2018

Expenses

Up

$2,592,774

Up $220,963 (+9.3%) from 2018

Net Income

Down

$512,326

Down $251,476 (-33%) from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $3,698,455Liabilities 2011: $710Net Assets 2011: $3,697,7452011Assets 2012: $11,425,091Liabilities 2012: $506Net Assets 2012: $11,424,5852012Assets 2013: $13,957,388Liabilities 2013: $72,293Net Assets 2013: $13,885,0952013Assets 2014: $15,467,741Liabilities 2014: $8,015Net Assets 2014: $15,459,7262014Assets 2015: $15,071,894Liabilities 2015: $5,932Net Assets 2015: $15,065,9622015Assets 2016: $14,072,821Liabilities 2016: $12,457Net Assets 2016: $14,060,3642016Assets 2017: $15,307,725Liabilities 2017: $9,639Net Assets 2017: $15,298,0862017Assets 2018: $16,535,533Liabilities 2018: $10,494Net Assets 2018: $16,525,0392018Assets 2019: $16,778,780Liabilities 2019: $11,683Net Assets 2019: $16,767,0972019Assets 2020: $15,339,515Liabilities 2020: $18,777Net Assets 2020: $15,320,7382020Assets 2021: $20,353,210Liabilities 2021: $8,844Net Assets 2021: $20,344,3662021Assets 2022: $20,336,209Liabilities 2022: $13,881Net Assets 2022: $20,322,3282022Assets 2023: $21,422,633Liabilities 2023: $26,210Net Assets 2023: $21,396,4232023Assets 2024: $23,999,694Liabilities 2024: $31,000Net Assets 2024: $23,968,6942024Assets 2025: $25,545,812Liabilities 2025: $29,662Net Assets 2025: $25,516,1502025

Highlighted filing

2019

Assets$16,778,780
Liabilities$11,683
Net Assets$16,767,097

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $1,621,6112011Expenses 2012: $1,658,9972012Expenses 2013: $1,813,1222013Revenue 2014: $2,327,883Expenses 2014: $1,896,109Net Income 2014: $431,7742014Revenue 2015: $2,181,725Expenses 2015: $1,972,256Net Income 2015: $209,4692015Revenue 2016: $1,369,174Expenses 2016: $1,996,332Net Income 2016: -$627,1582016Revenue 2017: $2,623,750Expenses 2017: $2,312,296Net Income 2017: $311,4542017Revenue 2018: $3,135,613Expenses 2018: $2,371,811Net Income 2018: $763,8022018Revenue 2019: $3,105,100Expenses 2019: $2,592,774Net Income 2019: $512,3262019Revenue 2020: $3,122,591Expenses 2020: $2,444,502Net Income 2020: $678,0892020Revenue 2021: $3,047,203Expenses 2021: $2,666,681Net Income 2021: $380,5222021Revenue 2022: $3,723,218Expenses 2022: $2,886,828Net Income 2022: $836,3902022Revenue 2023: $5,893,669Expenses 2023: $3,292,549Net Income 2023: $2,601,1202023Revenue 2024: $3,909,229Expenses 2024: $3,578,745Net Income 2024: $330,4842024Revenue 2025: $5,151,868Expenses 2025: $4,145,383Net Income 2025: $1,006,4852025

Highlighted filing

2019

Revenue$3,105,100
Expenses$2,592,774
Net Income$512,326
Jump To
Filing Snapshot
Filing Period
Apr 1, 2018 to Mar 31, 2019
Signed
Feb 18, 2020
Return Version
2018v3.2
Gross Receipts
$6,182,697
Mission and Program Overview

Mission

Our mission is to provide high school graduates access to higher education. We do so by enabling individuals, corporations, foundations and other institutions to partner with us to provide scholarships that prepare students to become america's future leaders.

To provide high school graduates who have limited financial resources access to higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$15,455,228$15,788,416▲ $333,188
Land, Buildings, and Equipment, Net$573,501$540,851▼ $32,650
Cash and Non-Interest-Bearing Accounts$488,000$433,160▼ $54,840
Prepaid Expenses and Deferred Charges$8,304$8,853▲ $549
Pledges and Grants Receivable$10,500$7,500▼ $3,000
Total Assets$16,535,533$16,778,780▲ $243,247
Liabilities
Accounts Payable and Accrued Expenses$10,494$11,683▲ $1,189
Total Liabilities$10,494$11,683▲ $1,189
Net Assets / Fund Balance
Unrestricted Net Assets$12,265,026$11,448,898▼ $816,128
Permanently Rstr Net Assets$2,203,865$5,318,199▲ $3,114,334
Temporarily Rstr Net Assets$2,056,148--
Total Net Assets Fund Balance$16,525,039$16,767,097▲ $242,058
Total Liabilities and Net Assets / Fund Balance$16,535,533$16,778,780▲ $243,247

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$466,916$124,470$591,386
Land$6,022-$6,022

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,383,791-▲ $34,200-$2,417,991
2017$1,632,307$736,626▲ $14,858-$2,383,791
2016$1,565,832-▲ $160,915-$1,632,307
2015$1,545,389-▲ $20,443-$1,565,832
2014$1,569,931-▼ $24,542-$1,545,389
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chris EllisPresident/exFT$210,944-$210,944
Chris EllisPresident/executive-$207,500$3,444$210,944
Catherine EllisSecretary/trPT$196,240-$196,240
Catherine EllisSecretary/treasurer-$75,000$121,240$196,240

Board Members and Trustees

NameTitle
Betty ScottDirector
Bobby PattonDirector
Michael CillessenDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,838,954
Program Service Revenue
$0
Investment Income
$1,257,052
Other Revenue
$9,094
All Other Contributions
$1,838,954
Change in Net Assets
$512,326

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 Amount
Securities Publicly Traded2$80,061
Other Non Cash Contri Table1$14,000
Total Noncash Contributions3$94,061

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,105,100
Revenue Not Reported on Form 990
$-270,267
Total Revenue per Audited Statements
$2,834,833
Total Revenue per Form 990
$3,105,100
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,500,183
Salaries, Compensation, and Employee Benefits$855,574
Other Expenses$237,017
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$1,461,183--$1,461,183
Current Officers, Directors, Trustees, and Key Employees-$407,184-$407,184
Other Salaries and Wages-$361,469-$361,469
Fees for Service Investment Mgmnt Fees-$79,994-$79,994
Depreciation Depletion-$53,499-$53,499
Payroll Taxes-$50,427-$50,427
Grants to Domestic Orgs$39,000--$39,000
Other Employee Benefits-$36,494-$36,494
Office Expenses-$32,701-$32,701
Travel-$28,852-$28,852
Occupancy-$12,076-$12,076
Insurance-$9,742-$9,742
Fees for Services Accounting-$6,725-$6,725
Advertising-$2,716-$2,716
Other Expenses-$142-$142
Total Functional Expenses$1,500,183$1,092,591$0$2,592,774

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,592,774
Total Expenses per Audited Statements$2,592,774
Total Expenses per Form 990$2,592,774
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The BeaconFort Scott, KS-Assist Local Not for$33,000
OtherFort Scott, KS--$6,000
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
Annual disclosure for covered persons
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
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, Page 6, Part VI, Line 2

Chris ellis catherine ellis president sec/treas spouse

Form 990, Page 6, Part VI, Line 6

The foundation is comprised of a five member board of directors.

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

A copy of the form 990 is provided to the board members as part of the meeting materials. Any directors not present will receive an email with the form 990 attached.

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

The board of directors reviews all policies at its annual meeting. Any potential conflicts of interest are disclosed and documented.

Form 990, Page 6, Part VI, Line 15A

The board of directors determines the executive director's compensation. The executive director sets the compensation of all other employees, and those amounts are approved by the board of directors.

Form 990, Page 6, Part VI, Line 19

Interested parties may request a copy of the foundation's governing documents, policies or financial statements by contacting the office in fort scott, kansas.

Filing and Contact Details

Filer

Filer Name
The Ellis Foundation
EIN
48-1093604
Phone
6202232232
Address
PO BOX 54, FORT SCOTT, KS 66701

Signing Officer

Name
Catherine Ellis
Title
Secretary/treasurer
Phone
6202232232
Signed
2020-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Ellis
Formed
1990
Legal Domicile
Ks
Voting Board Members
5
Independent Board Members
5
Employees
9

Preparer

Firm
Diehl Banwart Bolton Cpas Pa
Address
PO BOX 469, FORT SCOTT, KS 66701-0469
Preparer
Terence L Sercer CPA
Phone
6202234300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Our mission is to provide high school graduates access to higher education. We do so by enabling individuals, corporations, foundations and other institutions to partner with us to provide scholarships that prepare students to become americas future leaders.

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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK/FMV
IRS990ScheduleI/RecipientTable/CashGrantAmt033000
IRS990ScheduleI/RecipientTable/CashGrantAmt16000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ASSIST LOCAL NOT FOR
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1OTHER
IRS990ScheduleI/RecipientTable/RecipientEIN0480996386
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0525 E 6TH ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt110 S SCOTT
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FORT SCOTT
IRS990ScheduleI/RecipientTable/USAddress/CityNm1FORT SCOTT
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS ARE AWARDED TO STUDENTS AND PAID DIRECTLY TO THE COLLEGE OR UNIVERSITY. STUDENTS MUST PROVIDE DOCUMENTATION TO THE FOUNDATION REGARDING THEIR ENROLLMENT AND GRADES IN ORDER TO MAINTAIN THE SCHOLARSHIP.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount13444
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CATHERINE ELLIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CHRIS ELLIS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1PRESIDENT/EXECUTIVE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OUR MISSION IS TO PROVIDE HIGH SCHOOL GRADUATES ACCESS TO HIGHER EDUCATION. WE DO SO BY ENABLING INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER INSTITUTIONS TO PARTNER WITH US TO PROVIDE SCHOLARSHIPS THAT PREPARE STUDENTS TO BECOME AMERICAS FUTURE LEADERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CHRIS ELLIS CATHERINE ELLIS PRESIDENT SEC/TREAS SPOUSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION IS COMPRISED OF A FIVE MEMBER BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS AS PART OF THE MEETING MATERIALS. ANY DIRECTORS NOT PRESENT WILL RECEIVE AN EMAIL WITH THE FORM 990 ATTACHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REVIEWS ALL POLICIES AT ITS ANNUAL MEETING. ANY POTENTIAL CONFLICTS OF INTEREST ARE DISCLOSED AND DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION. THE EXECUTIVE DIRECTOR SETS THE COMPENSATION OF ALL OTHER EMPLOYEES, AND THOSE AMOUNTS ARE APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6INTERESTED PARTIES MAY REQUEST A COPY OF THE FOUNDATION'S GOVERNING DOCUMENTS, POLICIES OR FINANCIAL STATEMENTS BY CONTACTING THE OFFICE IN FORT SCOTT, KANSAS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01500183
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IRS990/TypeOfOrganizationCorpInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$25.5$0.03$25.5$5.15$4.15$1.01
2024Detailed filing. Detailed filing data is available for this year.$24.0$0.03$24.0$3.91$3.58$0.33
2023Detailed filing. Detailed filing data is available for this year.$21.4$0.03$21.4$5.89$3.29$2.60
2022Detailed filing. Detailed filing data is available for this year.$20.3$0.01$20.3$3.72$2.89$0.84
2021Detailed filing. Detailed filing data is available for this year.$20.4$0.01$20.3$3.05$2.67$0.38
2020Detailed filing. Detailed filing data is available for this year.$15.3$0.02$15.3$3.12$2.44$0.68
2019Detailed filing. Detailed filing data is available for this year.$16.8$0.01$16.8$3.11$2.59$0.51
2018Detailed filing. Detailed filing data is available for this year.$16.5$0.01$16.5$3.14$2.37$0.76
2017Detailed filing. Detailed filing data is available for this year.$15.3$0.01$15.3$2.62$2.31$0.31
2016Summary only. Only limited summary data is available for this year.$14.1$0.01$14.1$1.37$2.00$0.63
2015Detailed filing. Detailed filing data is available for this year.$15.1$0.01$15.1$2.18$1.97$0.21
2014Detailed filing. Detailed filing data is available for this year.$15.5$0.01$15.5$2.33$1.90$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.0$0.07$13.9$1.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$0.00$11.4$1.66
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.00$3.70$1.62