Civic Intelligence

Franklin-Simpson Educational Excellence Foundation

990 • Fiscal year 2017 • EIN 61-1107893

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 19, 2018

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

44th percentile

0.02x

Higher debt load relative to assets than 44% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.09x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

100%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$990,017

Up $136,185 (+16%) from 2016

Net Assets

Up

$971,171

Up $136,385 (+16%) from 2016

Liabilities

Down

$18,846

Down $200 (-1.1%) from 2016

Revenue

Up

$221,409

Up $110,792 (+100%) from 2016

Expenses

Down

$108,774

Down $2,623 (-2.4%) from 2016

Net Income

Up

$112,635

Up $113,415 (+14540%) from 2016

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

2017

Assets$990,017
Liabilities$18,846
Net Assets$971,171

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

2017

Revenue$221,409
Expenses$108,774
Net Income$112,635
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 19, 2018
Return Version
2017v2.2
Gross Receipts
$222,813
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$825,072$830,907▲ $5,835
Cash and Non-Interest-Bearing Accounts$28,760$159,110▲ $130,350
Total Assets$853,832$990,017▲ $136,185
Liabilities
Accounts Payable and Accrued Expenses$19,046$18,846▼ $200
Total Liabilities$19,046$18,846▼ $200
Net Assets / Fund Balance
Unrestricted Net Assets$834,786$971,171▲ $136,385
Total Net Assets Fund Balance$834,786$971,171▲ $136,385
Total Liabilities and Net Assets / Fund Balance$853,832$990,017▲ $136,185

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,235-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jon HallChairman
Jan MurphreeVice Chair
Defra HoltDirector
James MooneyhaDirector
Jill HendricksDirector
John BowenDirector
Mary a MatthewDirector
Sarah FullerDirector
Steve ComptonDirector
Lisa GrowSec Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$200,455
Program Service Revenue
$0
Investment Income
$18,822
Other Revenue
$2,132
All Other Contributions
$200,455
Change in Net Assets
$112,635

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$250,000Wholesale Estima
Total Noncash Contributions$250,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$75,241
Total Fundraising Expense$18,924
Professional Fundraising Fees$18,000
Other Expenses$14,533
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$75,241--$75,241
Fees for Services Professional Fundraising--$18,000$18,000
Fees for Service Investment Mgmnt Fees-$5,019-$5,019
Fees for Services Accounting-$4,950-$4,950
Insurance-$2,620-$2,620
Benefits to Members$1,000--$1,000
Office Expenses-$845-$845
Other Expenses-$175$924$175
Total Functional Expenses$76,241$13,609$18,924$108,774
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Simpson CountyFranklin, KY-Education$68,702
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$18,000
Fundraising Gross Income$3,420
Fundraising Direct Expenses$1,404
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
No
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 8

Minutes are taken at each meeting, maintained by the secreta and approved by the board at the following meeting. They are on site at the office for view

Part VI Section B Line 11

Form 990 is maitained at the office and is aaliable for review by board members and the public upon request

Part VI Section B Line 12

Conflict of interest policy is maintained at the office and is reviewed annually by the board members and staff

Part VI Section B Line 15

Compensation 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

Part VI Section B Lines 13 and 14

All policies are maintained at the office and reviewed annually by the board for completeness and complicity

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
2018-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jon Hall
Formed
1986
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
30

Preparer

Firm
Evergreen Tax Service
Address
927 BROOKHAVEN ROAD, FRANKLIN, KY 42134
Preparer
Hal W Toomey
Phone
2705869899
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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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IRS990ScheduleA/InvestmentIncomePYPct00.04540
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.78170
IRS990ScheduleA/PublicSupportPY509Pct00.95460
IRS990ScheduleA/PublicSupportTotal509Amt0313603
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt053875
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt073686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt037925
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt062933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt085184
IRS990ScheduleA/Total509Grp/TotalAmt0313603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt072697
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt095296
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt058684
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt076337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt098157
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0401171
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02235
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02235
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt068702
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SIMPSON COUNTY
IRS990ScheduleI/RecipientTable/RecipientEIN0616001281
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0BOARD OF EDUCATION
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FRANKLIN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0KY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd042134
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0WHOLESALE ESTIMA
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt0250000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0CHARITY SECURED THE SERVICES OF A BROKER TO FIND A WHOLESALE DISTRIBUTOR TO VALUE AND PURCHASE THE DONATED PRODUCT
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0LINE 32B
IRS990ScheduleM/ThirdPartiesUsedInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINUTES ARE TAKEN AT EACH MEETING, MAINTAINED BY THE SECRETA AND APPROVED BY THE BOARD AT THE FOLLOWING MEETING. THEY ARE ON SITE AT THE OFFICE FOR VIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS MAITAINED AT THE OFFICE AND IS AALIABLE FOR REVIEW BY BOARD MEMBERS AND THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY IS MAINTAINED AT THE OFFICE AND IS REVIEWED ANNUALLY BY THE BOARD MEMBERS AND STAFF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION 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/ExplanationTxt4ALL POLICIES ARE MAINTAINED AT THE OFFICE AND REVIEWED ANNUALLY BY THE BOARD FOR COMPLETENESS AND COMPLICITY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART VI SECTION A LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1PART VI SECTION B LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART VI SECTION B LINE 12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3PART VI SECTION B LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART VI SECTION B LINES 13 AND 14
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0853832
IRS990/TotalAssetsEOYAmt0990017
IRS990/TotalAssetsGrp/BOYAmt0853832
IRS990/TotalAssetsGrp/EOYAmt0990017
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0200455
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt018924
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013609
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt076241
IRS990/TotalFunctionalExpensesGrp/TotalAmt0108774
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019046
IRS990/TotalLiabilitiesEOYAmt018846
IRS990/TotalLiabilitiesGrp/BOYAmt019046
IRS990/TotalLiabilitiesGrp/EOYAmt018846
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0834786
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0971171
IRS990/TotalProgramServiceExpensesAmt075241
IRS990/TotalRevenueGrp/ExclusionAmt041
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt018897
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221409
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0853832
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0990017
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0834786
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0971171
IRS990/USAddress/AddressLine1Txt01653 TEMPERANCE ROAD
IRS990/USAddress/CityNm0FRANKLIN
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd042134
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0FSEEF.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JON HALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-06-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANKLIN-SIMPSON EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EXCELLENCE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0611107893
ReturnHeader/Filer/PhoneNum02705868018
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 94
ReturnHeader/Filer/USAddress/CityNm0FRANKLIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042135
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId045D30AD3753B3BE2DEC34A13F7B3AFDE5993900E
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId05A054B02175BA703382030ABC61F781CF1913992
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId06111752018134h002767
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-06-20
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt063.246.94.107
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271020790
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EVERGREEN TAX SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0927 BROOKHAVEN ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FRANKLIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd042134
ReturnHeader/PreparerPersonGrp/PhoneNum02705869899
ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HAL W TOOMEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-06-21T15:09:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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