Civic Intelligence

Salgo Trust for Education

990PF • Fiscal year 2018 • EIN 48-1101260

May 01, 2017 to Apr 30, 2018 • Filed on Jun 28, 2018

C/O Heritage Grp Lc 7309 E 21st 120Wichita, KS 67206-1178

(316) 261-5301

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2018 filings • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

100th percentile

439%

Higher net margin than 100% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$0

Higher top officer pay than 42% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Source year 2018

Asset Growth

17th percentile

-7.2%

Faster asset growth than 17% of similar nonprofits.

2018 filings • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Down

$2,093,689

Down $162,156 (-7.2%) from 2017

Net Assets

Down

$2,093,689

Down $162,156 (-7.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

-$118,102

Up $1,443,394 (+92%) from 2017

Expenses

Down

$399,899

Down $245,514 (-38%) from 2017

Net Income

Up

-$518,001

Up $1,688,908 (+77%) from 2017

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $5,058,568Liabilities 2011: $0Net Assets 2011: $5,058,5682011Assets 2012: $4,673,097Liabilities 2012: $0Net Assets 2012: $4,673,0972012Assets 2013: $4,656,297Liabilities 2013: $1Net Assets 2013: $4,656,2972013Assets 2014: $4,743,459Liabilities 2014: $650,000Net Assets 2014: $4,093,4592014Assets 2015: $4,646,832Liabilities 2015: $1,080,389Net Assets 2015: $3,566,4432015Assets 2016: $4,462,754Liabilities 2016: $1Net Assets 2016: $4,462,7542016Assets 2017: $2,255,845Liabilities 2017: $0Net Assets 2017: $2,255,8452017Assets 2018: $2,093,689Liabilities 2018: $0Net Assets 2018: $2,093,6892018Assets 2019: $2,093,775Liabilities 2019: $0Net Assets 2019: $2,093,7752019Assets 2020: $2,194,971Liabilities 2020: $1Net Assets 2020: $2,194,9712020Assets 2021: $2,864,503Liabilities 2021: $1Net Assets 2021: $2,864,5032021Assets 2022: $5,462,542Liabilities 2022: $1Net Assets 2022: $5,462,5422022Assets 2023: $4,212,218Liabilities 2023: $600Net Assets 2023: $4,211,6182023Assets 2024: $3,561,797Liabilities 2024: $600Net Assets 2024: $3,561,1972024Assets 2025: $2,735,708Liabilities 2025: $10,193Net Assets 2025: $2,725,5152025

Highlighted filing

2018

Assets$2,093,689
Liabilities$0
Net Assets$2,093,689

Operations Trend

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

$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2011: $357,1232011Expenses 2012: $645,4762012Revenue 2013: $379,430Expenses 2013: $396,230Net Income 2013: -$16,8002013Revenue 2014: $1,062Expenses 2014: $563,900Net Income 2014: -$562,8382014Revenue 2015: $3,043Expenses 2015: $530,059Net Income 2015: -$527,0162015Revenue 2016: $1,630,086Expenses 2016: $733,775Net Income 2016: $896,3112016Revenue 2017: -$1,561,496Expenses 2017: $645,413Net Income 2017: -$2,206,9092017Revenue 2018: -$118,102Expenses 2018: $399,899Net Income 2018: -$518,0012018Revenue 2019: $403,154Expenses 2019: $403,068Net Income 2019: $862019Revenue 2020: $453,292Expenses 2020: $352,096Net Income 2020: $101,1962020Revenue 2021: $875,182Expenses 2021: $205,650Net Income 2021: $669,5322021Revenue 2022: $3,011,887Expenses 2022: $413,848Net Income 2022: $2,598,0392022Revenue 2023: $142,624Expenses 2023: $1,393,548Net Income 2023: -$1,250,9242023Revenue 2024: $235,273Expenses 2024: $885,694Net Income 2024: -$650,4212024Revenue 2025: $329,867Expenses 2025: $1,165,549Net Income 2025: -$835,6822025

Highlighted filing

2018

Revenue-$118,102
Expenses$399,899
Net Income-$518,001
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Jun 28, 2018
Return Version
2017v2.3
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICOLAS M SALGO REVOCABLE TRUSTTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Salgo Trust for Education
EIN
48-1101260
Phone
3162615301
Address
C/O HERITAGE GRP LC 7309 E 21ST 120, WICHITA, KS 67206-1178

Signing Officer

Name
Miklos P Salgo
Title
Trustee
Phone
3162615301
Signed
2018-06-28
Discuss with paid preparer
Yes

Preparer

Firm
Heritage Group Lc
Address
7309 E 21ST STREET NORTH SUITE 120, WICHITA, KS 67206-1178
Preparer
Todd M Connell CPA
Phone
3162615301
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IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt021
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-518001
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt052486
IRS990PF/AnalysisOfRevenueAndExpenses/InterestAdjNetIncmAmt050
IRS990PF/AnalysisOfRevenueAndExpenses/InterestDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/InterestNetInvstIncmAmt050
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavingsAdjNetIncmAmt02291
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavNetInvstIncmAmt02291
IRS990PF/AnalysisOfRevenueAndExpenses/InterestOnSavRevAndExpnssAmt02291
IRS990PF/AnalysisOfRevenueAndExpenses/InterestRevAndExpnssAmt050
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt0-120414
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/NetSTCapitalGainAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt084005
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt084005
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt026100
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt026100
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesAdjNetIncmAmt0637
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt061273
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt0637
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt061910
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt0145981
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt0145981
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt018047
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt018047
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TotalAdjNetIncmAmt02312
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesAdjNetIncmAmt012704
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt0387195
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt08201
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt0399899
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt02312
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt0-118102
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesAdjNetIncmAmt012704
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0379695
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt08201
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt0392399
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingAdjNetIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt021749
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt021749
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-518001
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherDecreasesAmt0329
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt0356174
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt02094018
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt02255845
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt02093689
IRS990PF/DistributableAmountGrp/Sect4942j3j5FndtnAndFrgnOrgInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/BackupWithholdingWithheldAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EsPenaltyAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/EstimatedPlusOvpmtIncmTxAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExemptOperatingFoundationsInd0X
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/ExtsnRequestIncomeTaxPaidAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/NotApplicableCd0N/A
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/RulingLetterDt01991-10-28
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxBasedOnInvestmentIncomeAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TaxDueAmt00
IRS990PF/ExciseTaxBasedOnInvstIncmGrp/TotalPaymentsAndCreditsAmt00
IRS990PF/FMVAssetsEOYAmt02071093
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/AdditionalPaidInCapitalEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockBOYAmt013489210
IRS990PF/Form990PFBalanceSheetsGrp/CapitalStockEOYAmt013489210
IRS990PF/Form990PFBalanceSheetsGrp/CashBOYAmt031633
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYAmt023594
IRS990PF/Form990PFBalanceSheetsGrp/CashEOYFMVAmt023594
IRS990PF/Form990PFBalanceSheetsGrp/InvstLandCostOrOtherBasisAmt07236
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipAccumDeprecAmt013097
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgEquipCostOrOtherBssAmt023498
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsBOYAmt07236
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYAmt07236
IRS990PF/Form990PFBalanceSheetsGrp/LandBldgInvestmentsEOYFMVAmt07236
IRS990PF/Form990PFBalanceSheetsGrp/LandBOYAmt012935
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYAmt010401
IRS990PF/Form990PFBalanceSheetsGrp/LandEOYFMVAmt010401
IRS990PF/Form990PFBalanceSheetsGrp/OrgDoesNotFollowSFAS117Ind0X
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsBOYAmt01937954
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYAmt01757554
IRS990PF/Form990PFBalanceSheetsGrp/OtherAssetsEOYFMVAmt01757554
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsBOYAmt0249875
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYAmt0283758
IRS990PF/Form990PFBalanceSheetsGrp/OtherInvestmentsEOYFMVAmt0269564
IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesBOYAmt014602
IRS990PF/Form990PFBalanceSheetsGrp/PrepaidExpensesEOYAmt08402
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt0-11233365
IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningEOYAmt0-11395521
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstBOYAmt01610
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt02744
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt02744
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt02255845
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt02093689
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt02071093
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesBOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt02255845
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt02093689
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt02255845
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt02093689
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AcquisitionIndebtednessAmt00
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt0373580
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt039213
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt0296000
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt05604
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt038367
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt018399
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt0367976
IRS990PF/MinimumInvestmentReturnGrp/ReductionClaimedAmt00
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt0373580
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/ContractorPaidOver50kCnt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0NICOLAS M SALGO REVOCABLE TRUST
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt0MIKLOS P SALGO TTEE 7309 E 21ST
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine2Txt0STREET NORTH
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0WICHITA
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0KS
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd0672061178
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OtherEmployeePaidOver50kCnt00
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/PrivateOperatingFoundationsGrp/GrossInvestmentIncomeGrp/TotalAmt00
IRS990PF/PrivateOperatingFoundationsGrp/LargestSupportFromEOGrp/TotalAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.74$0.01$2.73$0.33$1.17$0.84
2024Detailed filing. Detailed filing data is available for this year.$3.56$0.00$3.56$0.24$0.89$0.65
2023Detailed filing. Detailed filing data is available for this year.$4.21$0.00$4.21$0.14$1.39$1.25
2022Detailed filing. Detailed filing data is available for this year.$5.46$0.00$5.46$3.01$0.41$2.60
2021Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.88$0.21$0.67
2020Detailed filing. Detailed filing data is available for this year.$2.19$0.00$2.19$0.45$0.35$0.10
2019Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.40$0.40$0.00
2018Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$0.12$0.40$0.52
2017Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$1.56$0.65$2.21
2016Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$1.63$0.73$0.90
2015Detailed filing. Detailed filing data is available for this year.$4.65$1.08$3.57$0.00$0.53$0.53
2014Detailed filing. Detailed filing data is available for this year.$4.74$0.65$4.09$0.00$0.56$0.56
2013Detailed filing. Detailed filing data is available for this year.$4.66$0.00$4.66$0.38$0.40$0.02
2012Detailed filing. Detailed filing data is available for this year.$4.67$0.00$4.67$0.65
2011Detailed filing. Detailed filing data is available for this year.$5.06$0.00$5.06$0.36