Civic Intelligence

Monroe 2-Orleans Educational Foundation Inc.

990 • Fiscal year 2018 • EIN 56-2354704

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 07, 2019

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

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

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

Liabilities / Revenue

30th percentile

0.02x

Higher debt load relative to revenue than 30% of similar nonprofits.

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

Net Margin

20th percentile

-4.5%

Higher net margin than 20% of similar nonprofits.

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

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.

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

Asset Growth

47th percentile

2.1%

Faster asset growth than 47% of similar nonprofits.

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

Revenue Growth

76th percentile

24%

Faster revenue growth than 76% of similar nonprofits.

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

Assets

Up

$1,573,279

Up $32,872 (+2.1%) from 2017

Net Assets

Up

$1,570,779

Up $30,372 (+2.0%) from 2017

Liabilities

Up

$2,500

Up $2,500 from 2017

Revenue

Up

$116,294

Up $22,157 (+24%) from 2017

Expenses

Up

$121,583

Up $31,043 (+34%) from 2017

Net Income

Down

-$5,289

Down $8,886 (-247%) from 2017

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

2018

Assets$1,573,279
Liabilities$2,500
Net Assets$1,570,779

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

2018

Revenue$116,294
Expenses$121,583
Net Income-$5,289
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 7, 2019
Return Version
2017v2.3
Gross Receipts
$127,872
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,472,262$1,528,329▲ $56,067
Cash and Non-Interest-Bearing Accounts$67,845$44,950▼ $22,895
Prepaid Expenses and Deferred Charges$300--
Total Assets$1,540,407$1,573,279▲ $32,872
Liabilities
Deferred Revenue-$2,500-
Total Liabilities$0$2,500▲ $2,500
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,540,407$1,570,779▲ $30,372
Total Net Assets Fund Balance$1,540,407$1,570,779▲ $30,372
Total Liabilities and Net Assets / Fund Balance$1,540,407$1,573,279▲ $32,872
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$36,487
Program Service Revenue
$0
Investment Income
$68,800
Other Revenue
$11,007
All Other Contributions
$3,466
Change in Net Assets
$-5,289

Audited Revenue Reconciliation

Revenue per Audited Statements
$116,294
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$35,661
Total Revenue per Audited Statements
$151,955
Total Revenue per Form 990
$116,294
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$95,335
Other Expenses$26,248
Total Fundraising Expense$5,738
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$95,335--$95,335
Fees for Services Accounting-$3,675-$3,675
Office Expenses-$2,172$587$2,759
Insurance-$850$176$1,026
Other Expenses-$365$4,975$365
Total Functional Expenses$95,335$20,510$5,738$121,583

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$121,583
Total Expenses per Audited Statements$121,583
Total Expenses per Form 990$121,583
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,585
Fundraising Direct Expenses$11,578
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$55,606$55,606$11,578$44,028
Total Events$55,606$55,606$11,578$44,028
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

Form 990, Part VI, Section A, Line 8B

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

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

The board reviews all completed forms annually.

Form 990, Part VI, Section B, Line 12C

The board reviews all completed forms annually.

Form 990, Part VI, Section C, Line 19

Financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Monroe 2-orleans Educational Foundation
EIN
56-2354704
Phone
5853499009
Address
3599 BIG RIDGE ROAD, SPENCERPORT, NY 14559

Signing Officer

Name
Joseph Kelly
Title
President
Phone
5853499009
Signed
2019-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Kelly
Formed
2002
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
15

Preparer

Firm
Mengel Metzger Barr & Co Llp
Address
195 PARRISH STREET SUITE 240, CANANDAIGUA, NY 14424
Preparer
Raymond F Wager
Phone
5854231860
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE PRESIDENT
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IRS990/MissionDesc0SUPPORTS 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.
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IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0300
IRS990/PrincipalOfficerNm0JOSEPH KELLY
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt059925
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt069551
IRS990/PYInvestmentIncomeAmt034212
IRS990/PYOtherExpensesAmt020989
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt03597
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt090540
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt094137
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-5289
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt036487
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050062
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt043700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt037925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037074
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0205248
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012584
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013351
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt010560
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt010109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt011396
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt058000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77970
IRS990ScheduleA/PublicSupportPY170Pct00.75550
IRS990ScheduleA/PublicSupportTotal170Amt0205248
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt036487
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050062
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt043700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt037925
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037074
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0205248
IRS990ScheduleA/TotalSupportAmt0263248
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0121583
IRS990ScheduleD/NetUnrealizedGainsInvstAmt035661
IRS990ScheduleD/RevenueNotReportedAmt035661
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0116294
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0121583
IRS990ScheduleD/TotalRevenuePerForm990Amt0116294
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0151955
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0121583
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011578
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055606
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt055606
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt055606
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt055606
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt044028
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011578
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011578
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt095335
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt040
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD HAS NO INDIVIDUAL COMMITTEES AND THEREFORE NO DOCUMENTATION IS AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS ALL COMPLETED FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS ALL COMPLETED FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01540407
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01570779
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01540407
IRS990/TotalAssetsEOYAmt01573279
IRS990/TotalAssetsGrp/BOYAmt01540407
IRS990/TotalAssetsGrp/EOYAmt01573279
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt036487
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05738
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020510
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt095335
IRS990/TotalFunctionalExpensesGrp/TotalAmt0121583
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt02500
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt02500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01540407
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01570779
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt095335
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt079807
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0116294
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01540407
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01573279
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00

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