Civic Intelligence

The Carroll Lutheran School Inc.

990 • Fiscal year 2014 • EIN 52-2120814

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 13, 2014

1738 Old Taneytown RoadWestminster, MD 21158

(410) 848-1050

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.03x

Higher debt load relative to assets than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

3.17x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

50th percentile

2.6%

Higher net margin than 50% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

36th percentile

-1.2%

Faster asset growth than 36% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

82nd percentile

32%

Faster revenue growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$2,809,141

Down $33,810 (-1.2%) from 2013

Net Assets

Up

-$97,245

Up $50,420 (+34%) from 2013

Liabilities

Down

$2,906,386

Down $84,230 (-2.8%) from 2013

Revenue

Up

$917,817

Up $220,019 (+32%) from 2013

Expenses

Up

$894,045

Up $146,980 (+20%) from 2013

Net Income

Up

$23,772

Up $73,039 (+148%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $2,842,951Liabilities 2013: $2,990,616Net Assets 2013: -$147,6652013Assets 2014: $2,809,141Liabilities 2014: $2,906,386Net Assets 2014: -$97,2452014Assets 2015: $3,716,090Liabilities 2015: $2,841,631Net Assets 2015: $874,4592015Assets 2016: $3,613,497Liabilities 2016: $2,762,725Net Assets 2016: $850,7722016Assets 2017: $3,433,913Liabilities 2017: $2,687,596Net Assets 2017: $746,3172017Assets 2018: $3,178,423Liabilities 2018: $2,657,573Net Assets 2018: $520,8502018Assets 2019: $2,749,229Liabilities 2019: $2,550,885Net Assets 2019: $198,3442019Assets 2020: $2,661,538Liabilities 2020: $2,702,534Net Assets 2020: -$40,9962020Assets 2021: $2,875,608Liabilities 2021: $2,574,011Net Assets 2021: $301,5972021Assets 2022: $2,788,039Liabilities 2022: $2,494,525Net Assets 2022: $293,5142022Assets 2023: $2,687,517Liabilities 2023: $2,380,873Net Assets 2023: $306,6442023Assets 2024: $2,554,344Liabilities 2024: $2,300,903Net Assets 2024: $253,4412024Assets 2025: $2,233,791Liabilities 2025: $2,194,912Net Assets 2025: $38,8792025

Highlighted filing

2014

Assets$2,809,141
Liabilities$2,906,386
Net Assets-$97,245

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2013: $697,798Expenses 2013: $747,065Net Income 2013: -$49,2672013Revenue 2014: $917,817Expenses 2014: $894,045Net Income 2014: $23,7722014Revenue 2015: $1,817,452Expenses 2015: $845,748Net Income 2015: $971,7042015Revenue 2016: $878,720Expenses 2016: $900,432Net Income 2016: -$21,7122016Revenue 2017: $784,487Expenses 2017: $930,919Net Income 2017: -$146,4322017Revenue 2018: $683,024Expenses 2018: $921,583Net Income 2018: -$238,5592018Revenue 2019: $598,266Expenses 2019: $920,772Net Income 2019: -$322,5062019Revenue 2020: $753,027Expenses 2020: $992,396Net Income 2020: -$239,3692020Revenue 2021: $1,177,686Expenses 2021: $1,083,499Net Income 2021: $94,1872021Revenue 2022: $1,232,919Expenses 2022: $1,239,805Net Income 2022: -$6,8862022Revenue 2023: $1,369,193Expenses 2023: $1,360,186Net Income 2023: $9,0072023Revenue 2024: $1,199,870Expenses 2024: $1,253,630Net Income 2024: -$53,7602024Revenue 2025: $1,059,343Expenses 2025: $1,274,088Net Income 2025: -$214,7452025

Highlighted filing

2014

Revenue$917,817
Expenses$894,045
Net Income$23,772
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 13, 2014
Return Version
2013v3.1
Gross Receipts
$960,453
Mission and Program Overview

Mission

Provide quality education in a lutheran environment for kindergarten through eighth grade.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,809,697$2,739,169▼ $70,528
Cash and Non-Interest-Bearing Accounts$29,885$47,174▲ $17,289
Investments in Publicly Traded Securities$2,869--
Accounts Receivable$500$2,756▲ $2,256
Total Assets$2,842,951$2,809,141▼ $33,810
Other Assets Total-$20,042-
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,631,520$2,488,804▼ $142,716
Other Liabilities$300,801$384,171▲ $83,370
Deferred Revenue$45,281$30,989▼ $14,292
Accounts Payable and Accrued Expenses$13,014$2,422▼ $10,592
Total Liabilities$2,990,616$2,906,386▼ $84,230
Net Assets / Fund Balance
Unrestricted Net Assets$-147,665$-97,245▲ $50,420
Total Net Assets Fund Balance$-147,665$-97,245▲ $50,420
Total Liabilities and Net Assets / Fund Balance$2,842,951$2,809,141▼ $33,810

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,381,346$551,082$2,932,428
Land$338,325-$338,325
Other Land Buildings$18,173$68,495$86,668
Equipment$1,325$9,807$11,132
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$207,875
Program Service Revenue
$643,936
Investment Income
$0
Other Revenue
$66,006
All Other Contributions
$196,310
Change in Net Assets
$23,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$460,847
Salaries, Compensation, and Employee Benefits$433,198
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$308,963$92,287-$401,250
Interest$124,944$6,576-$131,520
Depreciation Depletion$77,783$4,094-$81,877
All Other Expenses$56,357$13,007-$69,364
Payroll Taxes$24,600$7,348-$31,948
Other Expenses$17,789$936-$18,725
Insurance$7,184$4,573-$11,757
Office Expenses$6,267$468-$6,735
Fees for Services Accounting-$5,292-$5,292
Fees for Services Legal-$4,513-$4,513
Advertising-$3,147-$3,147
Total Functional Expenses$666,982$227,063$0$894,045
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,691
Fundraising Direct Expenses$38,577
Gaming Gross Income$11,363
Gaming Direct Expenses$4,059
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$27,362$27,362$19,672$7,690
Event 2$16,925$16,925$18,505$-1,580
Total Events$44,287$44,287$38,177$6,110
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liablilities$319,205
Accrued Wages and Payroll Taxes$42,226
Retirement Liabilities$14,330
Accrued Interest Payable$8,410
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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 11B

Form 990 reviewed by treasurer prior to filing. Copy given to board members upon request.

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

The compensation package for the school administrator is determined by the board of trustees.

Form 990, Page 6, Part VI, Line 19

All documents are made available to the public upon their request.

Filing and Contact Details

Filer

EIN
52-2120814
Phone
4108481050

Signing Officer

Name
Donald Ludwig
Title
Treasurer
Phone
4108481050
Signed
2014-10-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Ludwig
Formed
1998
Legal Domicile
Md
Voting Board Members
12
Independent Board Members
12
Employees
34
Volunteers
50

Preparer

Preparer
Gerald L Sturgill CPA
Phone
4108484460
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Family members volunteer throughout the school year to assist with tasks in the office as well as providing all fundraising events.

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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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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND FEES
IRS990/ProgramServiceRevenueGrp/Desc1MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0641734
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12202
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0641734
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12202
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt056890
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0325385
IRS990/PYOtherRevenueAmt094290
IRS990/PYProgramServiceRevenueAmt0546618
IRS990/PYRevenuesLessExpensesAmt0-49267
IRS990/PYSalariesCompEmpBnftPaidAmt0421680
IRS990/PYTotalExpensesAmt0747065
IRS990/PYTotalRevenueAmt0697798
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt023772
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt048588
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0641734
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02381346
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0551082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02932428
IRS990ScheduleD/EquipmentGrp/BookValueAmt01325
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09807
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt011132
IRS990ScheduleD/LandGrp/BookValueAmt0338325
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0338325
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018173
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068495
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt086668
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0319205
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt142226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214330
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt38410
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABLILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED WAGES AND PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RETIREMENT LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED INTEREST PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02739169
IRS990ScheduleD/TotalLiabilityAmt0384171
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WEBSITE CONTAINS THE ADMISSION POLICY WHICH STATES THAT ALL CHILDREN ARE WELCOMED WITHOUT DISCRIMINATION
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt027362
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt016925
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt027362
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt016925
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044287
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0CONSIGN SALE
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0MISC SMALL FUND
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06110
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt038177
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019672
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt018505
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FAMILY MEMBERS VOLUNTEER THROUGHOUT THE SCHOOL YEAR TO ASSIST WITH TASKS IN THE OFFICE AS WELL AS PROVIDING ALL FUNDRAISING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY TREASURER PRIOR TO FILING. COPY GIVEN TO BOARD MEMBERS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION PACKAGE FOR THE SCHOOL ADMINISTRATOR IS DETERMINED BY THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON THEIR REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02842951
IRS990/TotalAssetsEOYAmt02809141
IRS990/TotalAssetsGrp/BOYAmt02842951
IRS990/TotalAssetsGrp/EOYAmt02809141
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0207875
IRS990/TotalEmployeeCnt034
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0227063
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0666982
IRS990/TotalFunctionalExpensesGrp/TotalAmt0894045
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02990616
IRS990/TotalLiabilitiesEOYAmt02906386
IRS990/TotalLiabilitiesGrp/BOYAmt02990616
IRS990/TotalLiabilitiesGrp/EOYAmt02906386
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-147665
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-97245
IRS990/TotalProgramServiceExpensesAmt0666982
IRS990/TotalProgramServiceRevenueAmt0643936
IRS990/TotalRevenueGrp/ExclusionAmt048588
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0651240
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0917817
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02842951

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