Civic Intelligence

Fort Thomas Education Foundation Inc.

990 • Fiscal year 2014 • EIN 61-1393646

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 01, 2014

P O Box 7509041075

(859) 815-2004

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

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

Liabilities / Revenue

24th percentile

0.00x

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

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

Net Margin

93rd percentile

58%

Higher net margin than 93% of similar nonprofits.

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

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

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

Asset Growth

87th percentile

40%

Faster asset growth than 87% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$560,859

Up $161,323 (+40%) from 2013

Net Assets

Up

$560,859

Up $161,323 (+40%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$277,333

No earlier filing loaded for comparison.

Expenses

Down

$116,010

Down $692,904 (-86%) from 2013

Net Income

$161,323

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $771,112Liabilities 2010: $0Net Assets 2010: $771,1122010Assets 2011: $1,065,046Liabilities 2011: $0Net Assets 2011: $1,065,0462011Assets 2012: $666,582Liabilities 2012: $0Net Assets 2012: $666,5822012Assets 2013: $399,536Liabilities 2013: $0Net Assets 2013: $399,5362013Assets 2014: $560,859Liabilities 2014: $0Net Assets 2014: $560,8592014Assets 2015: $659,165Liabilities 2015: $502Net Assets 2015: $658,6632015Assets 2016: $686,596Liabilities 2016: $892Net Assets 2016: $685,7042016Assets 2017: $932,842Liabilities 2017: $840Net Assets 2017: $932,0022017Assets 2018: $1,190,685Liabilities 2018: $1,105Net Assets 2018: $1,189,5802018Assets 2019: $1,442,698Liabilities 2019: $39Net Assets 2019: $1,442,6592019Assets 2020: $1,786,240Liabilities 2020: $149Net Assets 2020: $1,786,0912020Assets 2021: $2,502,419Liabilities 2021: $576Net Assets 2021: $2,501,8432021Assets 2022: $1,647,739Liabilities 2022: $447Net Assets 2022: $1,647,2922022Assets 2023: $1,823,476Liabilities 2023: $0Net Assets 2023: $1,823,4762023Assets 2024: $2,146,916Liabilities 2024: $996Net Assets 2024: $2,145,9202024

Highlighted filing

2014

Assets$560,859
Liabilities$0
Net Assets$560,859

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $123,1922010Expenses 2011: $138,5762011Expenses 2012: $844,3092012Expenses 2013: $808,9142013Revenue 2014: $277,333Expenses 2014: $116,010Net Income 2014: $161,3232014Revenue 2015: $720,926Expenses 2015: $623,122Net Income 2015: $97,8042015Revenue 2016: $754,331Expenses 2016: $697,290Net Income 2016: $57,0412016Revenue 2017: $410,406Expenses 2017: $164,108Net Income 2017: $246,2982017Revenue 2018: $439,106Expenses 2018: $181,528Net Income 2018: $257,5782018Revenue 2019: $433,223Expenses 2019: $180,144Net Income 2019: $253,0792019Revenue 2020: $515,746Expenses 2020: $172,314Net Income 2020: $343,4322020Revenue 2021: $894,715Expenses 2021: $178,963Net Income 2021: $715,7522021Revenue 2022: $311,013Expenses 2022: $1,165,564Net Income 2022: -$854,5512022Revenue 2023: $443,377Expenses 2023: $267,193Net Income 2023: $176,1842023Revenue 2024: $603,372Expenses 2024: $280,928Net Income 2024: $322,4442024

Highlighted filing

2014

Revenue$277,333
Expenses$116,010
Net Income$161,323
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 1, 2014
Return Version
2013v3.0
Gross Receipts
$693,988
Mission and Program Overview

Mission

To enhance the education of students in all five fort thomas independent schools

To raise funds for special school projects or intiatives for the ft thomas independent schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$265,489$377,288▲ $111,799
Savings and Temporary Cash Investments$134,047$183,571▲ $49,524
Total Assets$399,536$560,859▲ $161,323
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$303,097$431,938▲ $128,841
Unrestricted Net Assets$96,439$128,921▲ $32,482
Total Net Assets Fund Balance$399,536$560,859▲ $161,323
Total Liabilities and Net Assets / Fund Balance$399,536$560,859▲ $161,323

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$265,489$10,000▲ $39,317-$313,163
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron DillCapital Campaign Chair
Chuck ThompsonChairperson
Amy ShafferVice Chairperson
Alan ThomasExecutive Board
Amy HillsExecutive Board
Beth HudepohlExecutive Board
Brian SchwalbachExecutive Board
Chris PowellExecutive Board
Dan GormanExecutive Board
Frank MeyerExecutive Board
Fred ErschellExecutive Board
Holly CollinsworthExecutive Board
Jerry NoranExecutive Board
Joe GrimmeExecutive Board
Kevin HaasExecutive Board
Kim HalbauerExecutive Board
Laura HinegardnerExecutive Board
Lisa CooperExecutive Board
Megan AbnerExecutive Board
Shannon ThomasExecutive Board
Shari ThompsonExecutive Board
Shawn HopperExecutive Board
Steve DauerExecutive Board
Michelle TinklerSecretary
Lee WeinelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$161,053
Program Service Revenue
$0
Investment Income
$5,272
Other Revenue
$111,008
All Other Contributions
$161,053
Change in Net Assets
$161,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$86,335
Grants and Similar Amounts Paid$29,675
Total Fundraising Expense$12,618
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$45,240--$45,240
Grants to Domestic Orgs$29,675--$29,675
Fees for Services Other$1,865-$6,956$8,821
Insurance$3,224--$3,224
Other Expenses$5,959-$2,708$2,708
Information Technology$1,006--$1,006
All Other Expenses$709-$200$909
Advertising$350--$350
Total Functional Expenses$103,392$0$12,618$116,010
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
61-6001405--Provide Funds for Projects Unable to Be Financed Through the Districts General Budget$29,675
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$97,827
Fundraising Direct Expenses$21,611
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$51,995$51,995$9,601$42,394
Event 2$45,832$45,832$12,010$33,822
Total Events$97,827$97,827$21,611$76,216
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
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 2

Chuck thompson and shari thompson are husband and wife. Frank meyer and amy schaffer are father and daughter.

Form 990, Part VI, Section B, Line 11

The 990 was circulated amoung members of the executive board before the scheduled executive board meeting. Then the 990 is approved at a general board meeting.

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

The board of directors review and sign the conflict of interest policy at the first meeting of the new fiscal year

Form 990, Part VI, Section C, Line 18

The 990 is available to the public on guidestar and upon a request to the executive director

Form 990, Part VI, Section C, Line 19

The documents are available to the general public upon a request to the executive director

Filing and Contact Details

Filer

EIN
61-1393646
Phone
8598152004

Signing Officer

Name
Lee Weinel
Title
Treasurer
Phone
5132415417
Signed
2014-10-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Weinel
Formed
2001
Legal Domicile
Ky
Voting Board Members
25
Independent Board Members
25
Employees
0
Volunteers
0

Preparer

Phone
5132415417
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Provide funds to fort thomas independent schools

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IRS990/Form990PartVIISectionAGrp/TitleTxt16EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt17EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt19EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt21EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt23EXECUTIVE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE BOARD
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt021611
IRS990/FundraisingGrossIncomeAmt097827
IRS990/GainOrLossGrp/SecuritiesAmt0-924
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt025
IRS990/GrantAmt029675
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt029675
IRS990/GrantsToDomesticOrgsGrp/TotalAmt029675
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0394120
IRS990/GrossReceiptsAmt0693988
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt025
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01006
IRS990/InformationTechnologyGrp/TotalAmt01006
IRS990/InsuranceGrp/ProgramServicesAmt03224
IRS990/InsuranceGrp/TotalAmt03224
IRS990/InvestmentIncomeGrp/ExclusionAmt06196
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06196
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0265489
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0377288
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0395044
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE THE EDUCATION OF STUDENTS IN ALL FIVE FORT THOMAS INDEPENDENT SCHOOLS
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0399536
IRS990/NetAssetsOrFundBalancesEOYAmt0560859
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-924
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-924
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt076216
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt076216
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MARKETING EXPENSES
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2ANNUAL REPORT EXPENSE
IRS990/OtherExpensesGrp/Desc3ANNUAL APPEAL EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt02754
IRS990/OtherExpensesGrp/FundraisingAmt12708
IRS990/OtherExpensesGrp/ProgramServicesAmt010046
IRS990/OtherExpensesGrp/ProgramServicesAmt15318
IRS990/OtherExpensesGrp/ProgramServicesAmt25959
IRS990/OtherExpensesGrp/TotalAmt010046
IRS990/OtherExpensesGrp/TotalAmt18072
IRS990/OtherExpensesGrp/TotalAmt25959
IRS990/OtherExpensesGrp/TotalAmt32708
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0UNREALIZED GAIN ON SEC
IRS990/OtherRevenueMiscGrp/ExclusionAmt034792
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034792
IRS990/OtherRevenueTotalAmt034792
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LEE WEINEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0314432
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0736432
IRS990/PYInvestmentIncomeAmt08366
IRS990/PYOtherExpensesAmt072482
IRS990/PYOtherRevenueAmt0219070
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-267046
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0808914
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0541868
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0161323
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0134047
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0183571
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0616001405
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc06
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt029675
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10FORT THOMAS INDEPENDENT SCHOOLS BOARD OF EDUCATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt029675
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/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt01643
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0265489
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0313163
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt039317
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROVIDE FUNDS TO FORT THOMAS INDEPENDENT SCHOOLS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt021611
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt051995
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt045832
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt097827

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$0.60$0.28$0.32
2023Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.44$0.27$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.31$1.17$0.85
2021Detailed filing. Detailed filing data is available for this year.$2.50$0.00$2.50$0.89$0.18$0.72
2020Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.52$0.17$0.34
2019Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.43$0.18$0.25
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.00$1.19$0.44$0.18$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.41$0.16$0.25
2016Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.75$0.70$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.72$0.62$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.28$0.12$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.00$0.40$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.00$0.67$0.84
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.00$1.07$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.12
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $500k-$1M nonprofits