Civic Intelligence

Catholic Education Foundation Inc

EIN 61-1294640 • 501(c)3 • Louisville, KY

Profile

The catholic education foundation is dedicated to the growth and vitality of catholic education in the archdiocese of louisville. The foundation advances its mission primarily through tuition assistance grants to families who cannot afford the full cost of tuition in catholic elementary schools in central kentucky.

401 W Main Street 806Louisville, KY 40202

www.ceflou.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

10th percentile

0.01x

Higher debt load relative to assets than 10% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

12th percentile

0.05x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Revenue Growth

35th percentile

1.9%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2025

Assets

Up

$54,597,734

Up $5,015,540 (+10%) from 2024

Liabilities

Up

$395,768

Up $34,727 (+9.6%) from 2024

Net Assets

Up

$54,201,966

Up $4,980,813 (+10%) from 2024

Revenue

Down

$8,669,337

Down $2,345,489 (-21%) from 2024

Expenses

Up

$7,475,204

Up $568,350 (+8.2%) from 2024

Net Income

Down

$1,194,133

Down $2,913,839 (-71%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2011: $17,940,272Liabilities 2011: $25,158Net Assets 2011: $17,915,1142011Assets 2012: $17,967,756Liabilities 2012: $14,753Net Assets 2012: $17,953,0032012Assets 2013: $19,284,694Liabilities 2013: $3,994Net Assets 2013: $19,280,7002013Assets 2014: $22,161,164Liabilities 2014: $4,370Net Assets 2014: $22,156,7942014Assets 2015: $22,169,226Liabilities 2015: $48,275Net Assets 2015: $22,120,9512015Assets 2016: $21,579,347Liabilities 2016: $91,645Net Assets 2016: $21,487,7022016Assets 2017: $22,568,493Liabilities 2017: $12,042Net Assets 2017: $22,556,4512017Assets 2018: $23,639,393Liabilities 2018: $106,624Net Assets 2018: $23,532,7692018Assets 2019: $24,811,687Liabilities 2019: $173,500Net Assets 2019: $24,638,1872019Assets 2020: $25,007,085Liabilities 2020: $320,710Net Assets 2020: $24,686,3752020Assets 2021: $37,599,863Liabilities 2021: $203,790Net Assets 2021: $37,396,0732021Assets 2022: $34,954,329Liabilities 2022: $350,122Net Assets 2022: $34,604,2072022Assets 2023: $40,294,480Liabilities 2023: $298,352Net Assets 2023: $39,996,1282023Assets 2024: $49,582,194Liabilities 2024: $361,041Net Assets 2024: $49,221,1532024Assets 2025: $54,597,734Liabilities 2025: $395,768Net Assets 2025: $54,201,9662025

Highlighted filing

2025

Assets$54,597,734
Liabilities$395,768
Net Assets$54,201,966

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,636,290Expenses 2011: $1,378,548Net Income 2011: $1,257,7422011Revenue 2012: $3,176,372Expenses 2012: $2,327,370Net Income 2012: $849,0022012Expenses 2013: $2,693,9792013Revenue 2014: $5,097,579Expenses 2014: $2,883,360Net Income 2014: $2,214,2192014Revenue 2015: $5,136,626Expenses 2015: $3,310,604Net Income 2015: $1,826,0222015Revenue 2016: $3,884,432Expenses 2016: $4,075,068Net Income 2016: -$190,6362016Revenue 2017: $2,997,455Expenses 2017: $4,382,070Net Income 2017: -$1,384,6152017Revenue 2018: $5,077,954Expenses 2018: $5,115,232Net Income 2018: -$37,2782018Revenue 2019: $5,381,542Expenses 2019: $4,957,563Net Income 2019: $423,9792019Revenue 2020: $5,607,518Expenses 2020: $5,050,627Net Income 2020: $556,8912020Revenue 2021: $11,016,503Expenses 2021: $5,227,065Net Income 2021: $5,789,4382021Revenue 2022: $8,681,774Expenses 2022: $6,122,696Net Income 2022: $2,559,0782022Revenue 2023: $8,348,400Expenses 2023: $6,641,243Net Income 2023: $1,707,1572023Revenue 2024: $11,014,826Expenses 2024: $6,906,854Net Income 2024: $4,107,9722024Revenue 2025: $8,669,337Expenses 2025: $7,475,204Net Income 2025: $1,194,1332025

Highlighted filing

2025

Revenue$8,669,337
Expenses$7,475,204
Net Income$1,194,133

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$54.6$0.40$54.2$8.67$7.48$1.19
2024Detailed filing. Detailed filing data is available for this year.$49.6$0.36$49.2$11.0$6.91$4.11
2023Detailed filing. Detailed filing data is available for this year.$40.3$0.30$40.0$8.35$6.64$1.71
2022Detailed filing. Detailed filing data is available for this year.$35.0$0.35$34.6$8.68$6.12$2.56
2021Detailed filing. Detailed filing data is available for this year.$37.6$0.20$37.4$11.0$5.23$5.79
2020Detailed filing. Detailed filing data is available for this year.$25.0$0.32$24.7$5.61$5.05$0.56
2019Detailed filing. Detailed filing data is available for this year.$24.8$0.17$24.6$5.38$4.96$0.42
2018Detailed filing. Detailed filing data is available for this year.$23.6$0.11$23.5$5.08$5.12$0.04
2017Detailed filing. Detailed filing data is available for this year.$22.6$0.01$22.6$3.00$4.38$1.38
2016Detailed filing. Detailed filing data is available for this year.$21.6$0.09$21.5$3.88$4.08$0.19
2015Detailed filing. Detailed filing data is available for this year.$22.2$0.05$22.1$5.14$3.31$1.83
2014Detailed filing. Detailed filing data is available for this year.$22.2$0.00$22.2$5.10$2.88$2.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.3$0.00$19.3$2.69
2012Summary only. Only limited summary data is available for this year.$18.0$0.01$18.0$3.18$2.33$0.85
2011Summary only. Only limited summary data is available for this year.$17.9$0.03$17.9$2.64$1.38$1.26
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$10,388,715
Mission and Program Overview

Mission

The catholic education foundation is dedicated to the growth and vitality of catholic education in the archdiocese of louisville. The foundation advances its mission primarily through tuition assistance grants to families who cannot afford the full cost of tuition in catholic elementary schools in central kentucky.

To promote the growth and vitality of catholic education in the archdiocese of louisville.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$31,625,242$41,274,799▲ $9,649,557
Pledges and Grants Receivable$8,851,523$7,863,779▼ $987,744
Savings and Temporary Cash Investments$8,498,201$4,904,368▼ $3,593,833
Cash and Non-Interest-Bearing Accounts$424,041$387,033▼ $37,008
Land, Buildings, and Equipment, Net$116,665$106,676▼ $9,989
Prepaid Expenses and Deferred Charges$24,973$38,000▲ $13,027
Accounts Receivable$41,549$23,079▼ $18,470
Total Assets$49,582,194$54,597,734▲ $5,015,540
Liabilities
Accounts Payable and Accrued Expenses$361,041$395,768▲ $34,727
Total Liabilities$361,041$395,768▲ $34,727
Net Assets / Fund Balance
Net Assets With Donor Restrictions$44,052,633$47,163,653▲ $3,111,020
Net Assets Without Donor Restrictions$5,168,520$7,038,313▲ $1,869,793
Total Net Assets Fund Balance$49,221,153$54,201,966▲ $4,980,813
Total Liabilities and Net Assets / Fund Balance$49,582,194$54,597,734▲ $5,015,540

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$57,219$62,471$119,690
Leasehold Improvements$49,457$20,170$69,627

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$44,052,632$5,504,576▲ $1,661,776-$47,163,652
2023$36,577,355$7,904,684▲ $2,719,540-$44,052,632
2022$32,541,082$5,737,327▲ $1,443,552-$36,577,355
2021$31,162,429$5,687,854▼ $1,579,937-$32,541,082
2020$23,779,998$7,225,697▲ $2,043,111-$31,162,429
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard a LechleiterPresidentFT$322,945$29,319$352,264
Julie E BaumVice PresidentFT$178,838$80,259$259,097
Gil a WentzelDirector of FinanceFT$111,950$40,455$152,405
Elaine a EiflerDevelopment OfficerFT$116,385$14,174$130,559
Michelle M DohrmanDirector of Tuition AssistanceFT$104,579$14,433$119,012
Valerie T FowlerDevelopment ManagerFT$104,692$13,438$118,130
Revenue and Support

Revenue Composition

Contributions and Grants
$7,566,340
Program Service Revenue
$0
Investment Income
$1,030,581
Other Revenue
$72,416
All Other Contributions
$4,388,825
Change in Net Assets
$1,194,133

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded27$1,103,182Avg High/low Date
Other Non Cash Contri Table8$80,150Fair Market Value (FMV)
Other Non Cash Contri Table1$26,204Cash
Total Noncash Contributions36$1,209,536-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,537,337
Revenue Not Reported on Financial Statements
$132,000
Revenue Not Reported on Form 990
$4,650,069
Total Revenue per Audited Statements
$13,187,406
Total Revenue per Form 990
$8,669,337
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,433,231
Salaries, Compensation, and Employee Benefits$1,488,860
Total Fundraising Expense$1,248,258
Other Expenses$553,113
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$5,343,231--$5,343,231
Other Salaries and Wages$121,218$166,359$588,059$875,636
Current Officers, Directors, Trustees, and Key Employees$78,790$108,131$382,231$569,152
Advertising--$145,613$145,613
Fees for Service Investment Mgmnt Fees-$132,000-$132,000
Grants to Domestic Individuals$90,000--$90,000
Office Expenses-$57,917-$57,917
Occupancy-$36,916-$36,916
Payroll Taxes$4,918$6,750$23,859$35,527
Fees for Services Other$3,775$10,630$13,960$28,365
Information Technology-$27,308-$27,308
Fees for Services Legal$2,263$6,371$8,367$17,001
Depreciation Depletion-$3,342$12,522$15,864
Insurance-$10,385-$10,385
Conferences and Meetings-$6,500-$6,500
Pension Plan Contributions$783$1,074$3,797$5,654
Travel-$935$3,502$4,437
Other Expenses-$861$3,228$4,089
All Other Expenses-$685$2,572$3,257
Other Employee Benefits$400$549$1,942$2,891
Total Functional Expenses$5,645,378$581,568$1,248,258$7,475,204

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,206,593
Total Expenses per Form 990$7,475,204
Expenses per Audited Statements$7,343,204
Expenses Not Reported on Form 990$863,389
Expenses Not Reported on Financial Statements$132,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
St Rita SchoolLouisville, KY501(c)(3)Educational Grant$330,864
St Andrew AcademyLouisville, KY501(c)(3)Educational Grant$307,155
St James SchoolLouisville, KY501(c)(3)Educational Grant$236,008
St Bernard SchoolLouisville, KY501(c)(3)Educational Grant$212,350
John Paul Ii AcademyLouisville, KY501(c)(3)Educational Grant$209,445
St Martha SchoolLouisville, KY501(c)(3)Educational Grant$205,041
St Raphael SchoolLouisville, KY501(c)(3)Educational Grant$188,663
St Nicholas AcademyLouisville, KY501(c)(3)Educational Grant$184,520
St Gabriel SchoolLouisville, KY501(c)(3)Educational Grant$183,270
Notre Dame AcademyLouisville, KY501(c)(3)Educational Grant$174,060
St Edward SchoolLouisville, KY501(c)(3)Educational Grant$163,190
St Athanasius SchoolLouisville, KY501(c)(3)Educational Grant$140,140
Pitt AcademyLouisville, KY501(c)(3)Educational Grant$132,700
Presentation AcademyLouisville, KY501(c)(3)Educational Grant$124,714
St Paul SchoolLouisville, KY501(c)(3)Educational Grant$122,860
St Stephen Martyr SchoolLouisville, KY501(c)(3)Educational Grant$121,890
Holy Trinity SchoolLouisville, KY501(c)(3)Educational Grant$121,706
Academy of Our Lady of MercyLouisville, KY501(c)(3)Educational Grant$105,000
Bethlehem High SchoolBardstown, KY501(c)(3)Educational Grant$105,000
Holy Cross High SchoolLouisville, KY501(c)(3)Educational Grant$105,000
St Francis Desales High SchoolLouisville, KY501(c)(3)Educational Grant$105,000
Our Lady of Lourdes ChurchLouisville, KY501(c)(3)Educational Grant$103,580
Nativity AcademyLouisville, KY501(c)(3)Educational Grant$90,000
Ascension ParishLouisville, KY501(c)(3)Educational Grant$89,855
St Michael SchoolLouisville, KY501(c)(3)Educational Grant$89,220
St Albert the Great SchoolLouisville, KY501(c)(3)Educational Grant$89,010
St James SchoolElizabethtown, KY501(c)(3)Educational Grant$88,062
Immaculata Classical AcademyLouisville, KY501(c)(3)Educational Grant$80,660
St Agnes SchoolLouisville, KY501(c)(3)Educational Grant$72,780
St Margaret Mary SchoolLouisville, KY501(c)(3)Educational Grant$70,120
St Joseph SchoolBardstown, KY501(c)(3)Educational Grant$69,330
St Aloysius SchoolPewee Valley, KY501(c)(3)Educational Grant$56,660
St Francis of Assisi SchoolLouisville, KY501(c)(3)Educational Grant$55,300
St Patrick SchoolLouisville, KY501(c)(3)Educational Grant$54,390
Holy Angels AcademyLouisville, KY501(c)(3)Educational Grant$47,370
St Dominic SchoolSpringfield, KY501(c)(3)Educational Grant$46,700
St Gregory SchoolCoxs Creek, KY501(c)(3)Educational Grant$42,970
Sacred Heart SchoolsLouisville, KY501(c)(3)Educational Grant$41,000
St Mary AcademyProspect, KY501(c)(3)Educational Grant$40,976
Archdiocese OfficeLouisville, KY501(c)(3)Youth Congress$40,000
Assumption High SchoolLouisville, KY501(c)(3)Educational Grant$39,500
Holy Spirit SchoolLouisville, KY501(c)(3)Educational Grant$36,910
St Catherine AcademyNew Haven, KY501(c)(3)Educational Grant$32,020
Corpus Christi Classical AcademySimpsonville, KY501(c)(3)Educational Grant$28,570
St Xavier High SchoolLouisville, KY501(c)(3)Educational Grant$28,500
Trinity High SchoolLouisville, KY501(c)(3)Educational Grant$28,500
St Augustine SchoolLebanon, KY501(c)(3)Educational Grant$20,480
Archdiocese of Louisville Office of Faith FormationLouisville, KY501(c)(3)Religious Education and Professional Development Grant$20,351
Clark Atlanta UniversityAtlanta, GA501(c)(3)Educational Grant$10,000
Davenport UniversityGrand Rapids, MI501(c)(3)Educational Grant$10,000
Georgia TechAtlanta, GA501(c)(3)Educational Grant$10,000
Indiana UniversityBloomington, IN501(c)(3)Educational Grant$10,000
Uc San DiegoLa Jolla, CA501(c)(3)Educational Grant$10,000
University of KentuckyLexington, KY501(c)(3)Educational Grant$10,000
University of LouisvilleLouisville, KY501(c)(3)Educational Grant$10,000
University of Notre DameSouth Bend, IN501(c)(3)Educational Grant$10,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$734,550
Fundraising Direct Expenses$498,123
Gaming Direct Expenses$417,270
Fundraising Gross Income$253,252
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Salute Dinner$2,010,918$202,602$101,443$101,159
Game Lunch$774,849$50,650$124,447$-73,797
Total Events$2,785,767$253,252$498,123$-244,871
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 35% controlled entity
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

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

The form 990 is reviewed by the director of finance and president of the foundation on behalf of the board of directors.

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

Employees must avoid situations that present actual, perceived or potential conflict between their interest and the interest of the archdiocese. A conflict of interest refers to a situation in which financial or persoal considerations may compromise or have the appearance of compromising the objectivity that is essential for effective decision makeing. The implementation of this policy implies a continuing requirement that all personnel make prompt disclosure to their supervisor or other appropriate official of any fact or circumstance that may involve a conflict of interest. Disclosure can assist in resolving honest doubts as to the propriety of a particular relationship or course of conduct. Any activities that create the appearance of a conflict of interest should be avoided.

Form 990, Part VI, Section B, Line 15

An annual review is performed each year and salary changes are approved by the nominating and governance committee of the board of directors. Compensation comparisons used include form 990s from other similar organizations. This process is documented in the nominating and governance committee meeting minutes.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Catholic Education Foundation Inc
EIN
61-1294640
Phone
5025852747
Address
401 W MAIN STREET 806, LOUISVILLE, KY 40202

Signing Officer

Name
Richard a Lechleiter
Title
President
Phone
5025852747
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard a Lechleiter
Formed
1995
Legal Domicile
Ky
Voting Board Members
27
Independent Board Members
27
Employees
8
Volunteers
27

Preparer

Firm
Blue & Co LLC
Address
2650 EASTPOINT PKWY SUITE 300, LOUISVILLE, KY 40223
Preparer
Emilie M Knieriem CPA
Phone
5029923500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the foundation and recognize a tax liability if the foundation has taken an uncertain position that more likely than not would not be sustained upon examination by various federal and state taxing authorities. Management has analyzed the tax positions taken by the foundation, and has concluded that as of june 30, 2025 and 2024, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the accompanying financial statements. Accordingly, the foundation is generally exempt from income taxes. However, the foundation is required to file federal form 990 - return of organization exempt from income tax which is an informational return only. The foundation is subject to routine audits by taxing jurisdictions. However, as of the date the financial statements were available to be issued, there were no audits for any tax periods in progress.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Expenses for fundraising activities 915,393. Gaming raffle expenses grouped with expenses on afs -52,006. Other misc rev adjustment 2.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Expenses for fundraising activities 915,393. Gaming raffle expenses grouped with expenses on afs -52,006. Other misc rev adjustment 2.

Raw XML AppendixShowing 400 of 1,400 raw XML fields

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/Desc0GRANTS WERE PROVIDED FOR TUITION ASSISTANCE TO CATHOLIC SCHOOL FAMILIES, TECHNOLOGY ENHANCEMENTS AT PARISHES AND SCHOOLS, PROFESSIONAL DEVELOPMENT OF FACULTY AND STAFF, AND RELIGIOUS EDUCATION PROGRAMS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR OF FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt3DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR OF TUITION ASSISTANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt5DEVELOPMENT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR (BEG 07/24)
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IRS990/MissionDesc0THE CATHOLIC EDUCATION FOUNDATION IS DEDICATED TO THE GROWTH AND VITALITY OF CATHOLIC EDUCATION IN THE ARCHDIOCESE OF LOUISVILLE. THE FOUNDATION ADVANCES ITS MISSION PRIMARILY THROUGH TUITION ASSISTANCE GRANTS TO FAMILIES WHO CANNOT AFFORD THE FULL COST OF TUITION IN CATHOLIC ELEMENTARY SCHOOLS IN CENTRAL KENTUCKY.
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