Civic Intelligence

Franklin-Simpson Educational Excellence Foundation

990 • Fiscal year 2014 • EIN 61-1107893

Jan 01, 2014 to Dec 31, 2014 • Filed on May 11, 2015

P O Box 94Franklin, KY 42135

(270) 586-8018

Siviq Scores

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

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

70th percentile

0.17x

Higher debt load relative to revenue than 70% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

2nd percentile

-117%

Higher net margin than 2% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

57th percentile

$33,300

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 51.2% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

20th percentile

-7.2%

Faster asset growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

1.2%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$882,415

Down $68,033 (-7.2%) from 2013

Net Assets

Down

$871,316

Down $77,392 (-8.2%) from 2013

Liabilities

Up

$11,099

Up $9,359 (+538%) from 2013

Revenue

Up

$65,050

Up $779 (+1.2%) from 2013

Expenses

Down

$141,320

Down $5,588 (-3.8%) from 2013

Net Income

Up

-$76,270

Up $6,367 (+7.7%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,004,161Liabilities 2011: $0Net Assets 2011: $1,004,1612011Assets 2012: $989,487Liabilities 2012: $25,869Net Assets 2012: $963,6182012Assets 2013: $950,448Liabilities 2013: $1,740Net Assets 2013: $948,7082013Assets 2014: $882,415Liabilities 2014: $11,099Net Assets 2014: $871,3162014Assets 2015: $833,538Liabilities 2015: $8,642Net Assets 2015: $824,8962015Assets 2016: $853,832Liabilities 2016: $19,046Net Assets 2016: $834,7862016Assets 2017: $990,017Liabilities 2017: $18,846Net Assets 2017: $971,1712017Assets 2018: $975,387Liabilities 2018: $18,796Net Assets 2018: $956,5912018Assets 2019: $1,093,962Liabilities 2019: $17,337Net Assets 2019: $1,076,6252019Assets 2020: $1,175,837Liabilities 2020: $17,271Net Assets 2020: $1,158,5662020Assets 2021: $1,339,660Liabilities 2021: $17,369Net Assets 2021: $1,322,2912021Assets 2022: $1,183,372Liabilities 2022: $3,444Net Assets 2022: $1,179,9282022Assets 2023: $1,192,764Liabilities 2023: $2,537Net Assets 2023: $1,190,2272023Assets 2024: $1,270,045Liabilities 2024: $2,480Net Assets 2024: $1,267,5652024

Highlighted filing

2014

Assets$882,415
Liabilities$11,099
Net Assets$871,316

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $440,068Expenses 2011: $394,187Net Income 2011: $45,8812011Revenue 2012: $84,104Expenses 2012: $149,516Net Income 2012: -$65,4122012Revenue 2013: $64,271Expenses 2013: $146,908Net Income 2013: -$82,6372013Revenue 2014: $65,050Expenses 2014: $141,320Net Income 2014: -$76,2702014Revenue 2015: $56,528Expenses 2015: $80,009Net Income 2015: -$23,4812015Revenue 2016: $110,617Expenses 2016: $111,397Net Income 2016: -$7802016Revenue 2017: $221,409Expenses 2017: $108,774Net Income 2017: $112,6352017Revenue 2018: $153,672Expenses 2018: $113,128Net Income 2018: $40,5442018Revenue 2019: $103,916Expenses 2019: $92,679Net Income 2019: $11,2372019Revenue 2020: $139,566Expenses 2020: $66,822Net Income 2020: $72,7442020Revenue 2021: $270,128Expenses 2021: $148,608Net Income 2021: $121,5202021Revenue 2022: $193,856Expenses 2022: $196,312Net Income 2022: -$2,4562022Revenue 2023: $160,068Expenses 2023: $266,402Net Income 2023: -$106,3342023Revenue 2024: $204,130Expenses 2024: $201,305Net Income 2024: $2,8252024

Highlighted filing

2014

Revenue$65,050
Expenses$141,320
Net Income-$76,270
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 11, 2015
Return Version
2014v5.0
Gross Receipts
$136,841
Mission and Program Overview

Mission

To financially support the simpson county board of education in providing a level of education excellence through learning opportunities for all residents of simpson co kentucky. The foundation acts as a funding partner to help meet the education challenges facing the school system.

Create and foster a climate to enhance the educational opportunities for simpson co ky residents by providing grants and funding to achieve this goal

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$851,831$833,029▼ $18,802
Savings and Temporary Cash Investments$60,346--
Cash and Non-Interest-Bearing Accounts$38,139$49,386▲ $11,247
Land, Buildings, and Equipment, Net$132--
Total Assets$950,448$882,415▼ $68,033
Liabilities
Accounts Payable and Accrued Expenses$1,740$11,099▲ $9,359
Total Liabilities$1,740$11,099▲ $9,359
Net Assets / Fund Balance
Unrestricted Net Assets$948,708$871,316▼ $77,392
Total Net Assets Fund Balance$948,708$871,316▼ $77,392
Total Liabilities and Net Assets / Fund Balance$950,448$882,415▼ $68,033
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laura SmithExec DirectorFT$33,300$33,300

Board Members and Trustees

NameTitle
Jon HallChairman
Norman HughesVice Chair
Debbie WyattDirector
Defra HoltDirector
James MooneyhaDirector
Jan MurphreeDirector
John BowenDirector
Karen MadisonDirector
Lisa GrowDirector
Roger EldridgeDirector
Michelle CummiTreas
Revenue and Support

Revenue Composition

Contributions and Grants
$40,453
Program Service Revenue
$0
Investment Income
$13,403
Other Revenue
$11,194
All Other Contributions
$40,453
Change in Net Assets
$-76,270
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$88,074
Salaries, Compensation, and Employee Benefits$35,990
Other Expenses$17,256
Total Fundraising Expense$1,099
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$88,074--$88,074
Other Salaries and Wages-$33,300-$33,300
Fees for Services Accounting-$5,000-$5,000
Fees for Service Investment Mgmnt Fees-$3,268-$3,268
Insurance-$2,949-$2,949
Payroll Taxes-$2,690-$2,690
Office Expenses-$2,320-$2,320
Conferences and Meetings-$1,701-$1,701
Advertising$769--$769
Other Expenses-$150$163$150
Depreciation Depletion-$132--
Total Functional Expenses$88,843$51,510$1,099$141,320
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Simpson Co Bd ofFranklin, KY-Education$44,756
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,480
Fundraising Direct Expenses$11,286
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Proj Graduat$13,652$13,652$5,765$7,887
Fundraisers$8,828$8,828$5,521$3,307
Total Events$22,480$22,480$11,286$11,194
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Section A Line 7

Minutes of all meetings are maintained at the office for public review

Part VI Section B Line 11

The 990 return is maintained at the office and is available for review by all board members and general public upon request

Part VI Section B Line 13

Conflict on interest policy is maintained at the office and reviewed annually with all board members and staff

Part VI Section B Line 15

Conpensation for the executive director is determined by the board of directors by review of similar positions in the community and surrounding areas and online sources

Filing and Contact Details

Filer

Filer Name
Franklin-simpson Educational
EIN
61-1107893
Phone
2705868018
Address
P O BOX 94, FRANKLIN, KY 42135

Signing Officer

Name
Jon Hall
Title
Chairman
Signed
2015-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Hall
Voting Board Members
11
Independent Board Members
11
Employees
1
Volunteers
30

Preparer

Firm
Evergreen Tax Service
Address
822 N MAIN ST, FRANKLIN, KY 42134
Preparer
Hal W Toomey
Phone
2705869899
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0true
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060346
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt040453
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt020510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt011813
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt013828
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0150602
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt013404
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt012973
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09731
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0-161070
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0153306
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt028344
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt022480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt021186
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01370309
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01757777
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01385820
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04557572
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt013404
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt09731
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0-161070
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0153306
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt028344
IRS990ScheduleA/InvestmentIncomeCYPct00.00600
IRS990ScheduleA/InvestmentIncomePYPct00.02070
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99400
IRS990ScheduleA/PublicSupportPY509Pct00.97930
IRS990ScheduleA/PublicSupportTotal509Amt04708174
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt062933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt085184
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01390819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01769590
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01399648
IRS990ScheduleA/Total509Grp/TotalAmt04708174
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt076337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt098157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01400550
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01608520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01552954
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04736518
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt011286
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PROJ GRADUAT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FUNDRAISERS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013652
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08828
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022480
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013652
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022480
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011194
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011286
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05765
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt05521
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt044756
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SIMPSON CO BD OF
IRS990ScheduleI/RecipientTable/RecipientEIN0616001281
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0S COLLEGE ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FRANKLIN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd042134
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINUTES OF ALL MEETINGS ARE MAINTAINED AT THE OFFICE FOR PUBLIC REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 RETURN IS MAINTAINED AT THE OFFICE AND IS AVAILABLE FOR REVIEW BY ALL BOARD MEMBERS AND GENERAL PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT ON INTEREST POLICY IS MAINTAINED AT THE OFFICE AND REVIEWED ANNUALLY WITH ALL BOARD MEMBERS AND STAFF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS BY REVIEW OF SIMILAR POSITIONS IN THE COMMUNITY AND SURROUNDING AREAS AND ONLINE SOURCES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION A LINE 7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI SECTION B LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION B LINE 13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI SECTION B LINE 15
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0950448
IRS990/TotalAssetsEOYAmt0882415
IRS990/TotalAssetsGrp/BOYAmt0950448
IRS990/TotalAssetsGrp/EOYAmt0882415
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt040453
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt01099
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051510
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt088843
IRS990/TotalFunctionalExpensesGrp/TotalAmt0141320
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01740
IRS990/TotalLiabilitiesEOYAmt011099
IRS990/TotalLiabilitiesGrp/BOYAmt01740
IRS990/TotalLiabilitiesGrp/EOYAmt011099
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0948708
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0871316
IRS990/TotalProgramServiceExpensesAmt088074

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.20$0.20$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.16$0.27$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.19$0.20$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.34$0.02$1.32$0.27$0.15$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.18$0.02$1.16$0.14$0.07$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.09$0.02$1.08$0.10$0.09$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.98$0.02$0.96$0.15$0.11$0.04
2017Detailed filing. Detailed filing data is available for this year.$0.99$0.02$0.97$0.22$0.11$0.11
2016Detailed filing. Detailed filing data is available for this year.$0.85$0.02$0.83$0.11$0.11$0.00
2015Summary only. Only limited summary data is available for this year.$0.83$0.01$0.82$0.06$0.08$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.01$0.87$0.07$0.14$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.06$0.15$0.08
2012Summary only. Only limited summary data is available for this year.$0.99$0.03$0.96$0.08$0.15$0.07
2011Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$0.44$0.39$0.05