Civic Intelligence

Monroe 2-Orleans Educational Foundation Inc.

990 • Fiscal year 2017 • EIN 56-2354704

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 03, 2017

3599 Big Ridge RoadSpencerport, NY 14559

(585) 349-9009

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

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

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

16th percentile

0.00x

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

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Net Margin

50th percentile

3.8%

Higher net margin than 50% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

33rd percentile

$0

Higher top officer pay than 33% of similar nonprofits.

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

2017 filings • NTEE B • $1M-$5M nonprofits • Source year 2017

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

82nd percentile

35%

Faster revenue growth than 82% of similar nonprofits.

2017 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,540,407

Up $147,833 (+11%) from 2016

Net Assets

Up

$1,540,407

Up $149,833 (+11%) from 2016

Liabilities

Down

$0

Down $2,000 (-100%) from 2016

Revenue

Up

$94,137

Up $24,237 (+35%) from 2016

Expenses

Down

$90,540

Down $17,043 (-16%) from 2016

Net Income

Up

$3,597

Up $41,280 (+110%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,101,411Liabilities 2010: $0Net Assets 2010: $1,101,4112010Assets 2011: $1,281,911Liabilities 2011: $0Net Assets 2011: $1,281,9112011Assets 2012: $1,229,623Liabilities 2012: $0Net Assets 2012: $1,229,6232012Assets 2013: $1,328,154Liabilities 2013: $0Net Assets 2013: $1,328,1542013Assets 2014: $1,510,287Liabilities 2014: $2,250Net Assets 2014: $1,508,0372014Assets 2015: $1,491,514Liabilities 2015: $1,000Net Assets 2015: $1,490,5142015Assets 2016: $1,392,574Liabilities 2016: $2,000Net Assets 2016: $1,390,5742016Assets 2017: $1,540,407Liabilities 2017: $0Net Assets 2017: $1,540,4072017Assets 2018: $1,573,279Liabilities 2018: $2,500Net Assets 2018: $1,570,7792018Assets 2019: $1,556,961Liabilities 2019: $3,750Net Assets 2019: $1,553,2112019Assets 2020: $1,499,273Liabilities 2020: $4,500Net Assets 2020: $1,494,7732020Assets 2021: $1,918,392Liabilities 2021: $0Net Assets 2021: $1,918,3922021Assets 2022: $1,649,572Liabilities 2022: $3,500Net Assets 2022: $1,646,0722022Assets 2023: $1,769,068Liabilities 2023: $4,000Net Assets 2023: $1,765,0682023Assets 2024: $1,918,842Liabilities 2024: $1,500Net Assets 2024: $1,917,3422024

Highlighted filing

2017

Assets$1,540,407
Liabilities$0
Net Assets$1,540,407

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $87,5282010Revenue 2011: $132,564Expenses 2011: $86,637Net Income 2011: $45,9272011Expenses 2012: $77,0372012Expenses 2013: $86,1362013Revenue 2014: $110,025Expenses 2014: $72,057Net Income 2014: $37,9682014Revenue 2015: $143,490Expenses 2015: $91,889Net Income 2015: $51,6012015Revenue 2016: $69,900Expenses 2016: $107,583Net Income 2016: -$37,6832016Revenue 2017: $94,137Expenses 2017: $90,540Net Income 2017: $3,5972017Revenue 2018: $116,294Expenses 2018: $121,583Net Income 2018: -$5,2892018Revenue 2019: $108,507Expenses 2019: $116,173Net Income 2019: -$7,6662019Revenue 2020: $129,779Expenses 2020: $94,364Net Income 2020: $35,4152020Revenue 2021: $183,464Expenses 2021: $95,130Net Income 2021: $88,3342021Revenue 2022: $314,510Expenses 2022: $108,527Net Income 2022: $205,9832022Revenue 2023: $116,411Expenses 2023: $112,200Net Income 2023: $4,2112023Revenue 2024: $173,185Expenses 2024: $102,761Net Income 2024: $70,4242024

Highlighted filing

2017

Revenue$94,137
Expenses$90,540
Net Income$3,597
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 3, 2017
Return Version
2016v3.0
Gross Receipts
$725,756
Mission and Program Overview

Mission

Supports scholarships for students who have taken a non-traditional path through their k-12 schooling and who plan to continue on to college or pursue career training.

To provide financial support for the educational programs of the monroe 2-orleans board of cooperative educational services for non-budgetary funding and educational and enrichment activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,382,024$1,472,262▲ $90,238
Cash and Non-Interest-Bearing Accounts$10,250$67,845▲ $57,595
Prepaid Expenses and Deferred Charges$300$300→ $0
Total Assets$1,392,574$1,540,407▲ $147,833
Liabilities
Deferred Revenue$2,000--
Total Liabilities$2,000$0▼ $2,000
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,390,574$1,540,407▲ $149,833
Total Net Assets Fund Balance$1,390,574$1,540,407▲ $149,833
Total Liabilities and Net Assets / Fund Balance$1,392,574$1,540,407▲ $147,833
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$59,925
Program Service Revenue
$0
Investment Income
$34,212
Other Revenue
$0
All Other Contributions
$9,910
Change in Net Assets
$3,597

Audited Revenue Reconciliation

Revenue per Audited Statements
$94,137
Revenue Not Reported on Form 990
$146,236
Total Revenue per Audited Statements
$240,373
Total Revenue per Form 990
$94,137
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$69,551
Other Expenses$20,989
Total Fundraising Expense$4,477
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$69,551--$69,551
Other Expenses-$9,747$3,956$9,747
Fees for Services Accounting-$3,675-$3,675
Office Expenses-$1,224$345$1,569
Insurance-$850$176$1,026
Total Functional Expenses$69,551$16,512$4,477$90,540

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$90,540
Total Expenses per Audited Statements$90,540
Total Expenses per Form 990$90,540
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,863
Fundraising Gross Income$9,863
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$50,015$50,015$9,863$40,152
Total Events$50,015$50,015$9,863$40,152
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
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
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

Organizational document changes Part VI line 4

Net unrealized gains on investments

Committee meeting documentation Part VI line 8B

The board has no individual committees. And therefore no documentation is available.

Form 990 governing body review Part VI line 11

The board reviews all completed forms annually.

Conflict of interest policy compliance Part VI line 12C

The board reviews all completed forms annually.

Governing documents etc available to public Part VI line 19

Financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Monroe 2 Educational Foundation Inc
EIN
56-2354704
Address
3599 BIG RIDGE ROAD, Spencerport, NY 14559

Signing Officer

Name
Joseph Kelly
Title
President
Phone
5853499009
Signed
2017-11-03
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
15

Preparer

Firm
Raymond F Wager CPA PC
Address
1020 Lehigh Station Road, Henrietta, NY 14467
Preparer
Raymond F Wager
Phone
5853215643
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IRS990/NetAssetsOrFundBalancesEOYAmt01540407
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt020861
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt020861
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0146236
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0345
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01224
IRS990/OfficeExpensesGrp/TotalAmt01569
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PRINTING EXPENSE
IRS990/OtherExpensesGrp/Desc1BANK CHARGES
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE SUPPORT
IRS990/OtherExpensesGrp/FundraisingAmt03956
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0627
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1389
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29747
IRS990/OtherExpensesGrp/TotalAmt04583
IRS990/OtherExpensesGrp/TotalAmt1389
IRS990/OtherExpensesGrp/TotalAmt29747
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0300
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0300
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt043700
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt084083
IRS990/PYInvestmentIncomeAmt026200
IRS990/PYOtherExpensesAmt023500
IRS990/PYRevenuesLessExpensesAmt0-37683
IRS990/PYTotalExpensesAmt0107583
IRS990/PYTotalRevenueAmt069900
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03597
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt043700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt037925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt037074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt041633
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0210394
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt013351
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010560
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt011396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016660
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt062076
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.75550
IRS990ScheduleA/PublicSupportPY170Pct00.73620
IRS990ScheduleA/PublicSupportTotal170Amt0205843
IRS990ScheduleA/SubstantialContributorsTotAmt04551
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt043700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt037925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt037074
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt041633
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0210394
IRS990ScheduleA/TotalSupportAmt0272470
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/ExpensesSubtotalAmt090540
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0146236
IRS990ScheduleD/RevenueNotReportedAmt0146236
IRS990ScheduleD/RevenueSubtotalAmt094137
IRS990ScheduleD/TotalExpensesPerForm990Amt090540
IRS990ScheduleD/TotalRevenuePerForm990Amt094137
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0240373
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt090540
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09863
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt050015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt050015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt050015
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt050015
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt040152
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09863
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09863
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt069551
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NET UNREALIZED GAINS ON INVESTMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD HAS NO INDIVIDUAL COMMITTEES. AND THEREFORE NO DOCUMENTATION IS AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS ALL COMPLETED FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD REVIEWS ALL COMPLETED FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Organizational document changes Part VI line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01390574
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01540407
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01392574
IRS990/TotalAssetsEOYAmt01540407
IRS990/TotalAssetsGrp/BOYAmt01392574
IRS990/TotalAssetsGrp/EOYAmt01540407
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt059925
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04477
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016512
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt069551
IRS990/TotalFunctionalExpensesGrp/TotalAmt090540
IRS990/TotalGrossUBIAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.17$0.10$0.07
2023Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.12$0.11$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.31$0.11$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.18$0.10$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.49$0.13$0.09$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.55$0.11$0.12$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.12$0.12$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.09$0.09$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.07$0.11$0.04
2015Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.49$0.14$0.09$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.11$0.07$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$0.08
2011Summary only. Only limited summary data is available for this year.$1.28$0.00$1.28$0.13$0.09$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$0.09