Civic Intelligence

Mcalester Scottish Rite Charitable and Educational Foundation

990 • Fiscal year 2023 • EIN 73-6102862

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 12, 2024

P O Box 609Mcalester, OK 74502

(918) 423-6360

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.00x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

7th percentile

-50%

Higher net margin than 7% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

26th percentile

$52,481

Higher top officer pay than 26% of similar nonprofits.

Top officer pay equals 26.4% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

59th percentile

8.9%

Faster asset growth than 59% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

38th percentile

-0.2%

Faster revenue growth than 38% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Up

$8,919,964

Up $732,298 (+8.9%) from 2022

Net Assets

Up

$8,919,964

Up $732,298 (+8.9%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$198,881

Down $481 (-0.2%) from 2022

Expenses

Down

$298,549

Down $60,620 (-17%) from 2022

Net Income

Up

-$99,668

Up $60,139 (+38%) from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $5,223,628Liabilities 2010: $825Net Assets 2010: $5,222,8032010Assets 2011: $5,218,302Liabilities 2011: $825Net Assets 2011: $5,217,4772011Assets 2012: $5,111,151Liabilities 2012: $8,498Net Assets 2012: $5,102,6532012Assets 2013: $5,256,290Liabilities 2013: $21,328Net Assets 2013: $5,234,9622013Assets 2014: $5,212,887Liabilities 2014: $0Net Assets 2014: $5,212,8872014Assets 2015: $4,805,860Liabilities 2015: $0Net Assets 2015: $4,805,8602015Assets 2016: $4,605,890Liabilities 2016: $0Net Assets 2016: $4,605,8902016Assets 2017: $4,612,459Liabilities 2017: $0Net Assets 2017: $4,612,4592017Assets 2018: $4,376,488Liabilities 2018: $0Net Assets 2018: $4,376,4882018Assets 2019: $4,757,777Liabilities 2019: $0Net Assets 2019: $4,757,7772019Assets 2020: $10,000,445Liabilities 2020: $0Net Assets 2020: $10,000,4452020Assets 2021: $10,732,782Liabilities 2021: $0Net Assets 2021: $10,732,7822021Assets 2022: $8,187,666Liabilities 2022: $0Net Assets 2022: $8,187,6662022Assets 2023: $8,919,964Liabilities 2023: $0Net Assets 2023: $8,919,9642023Assets 2024: $9,574,892Liabilities 2024: $0Net Assets 2024: $9,574,8922024

Highlighted filing

2023

Assets$8,919,964
Liabilities$0
Net Assets$8,919,964

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $362,7872010Expenses 2011: $425,8952011Expenses 2012: $456,1832012Revenue 2013: $610,685Expenses 2013: $403,892Net Income 2013: $206,7932013Revenue 2014: $548,967Expenses 2014: $651,623Net Income 2014: -$102,6562014Revenue 2015: $494,059Expenses 2015: $619,942Net Income 2015: -$125,8832015Revenue 2016: $487,220Expenses 2016: $607,630Net Income 2016: -$120,4102016Revenue 2017: $388,928Expenses 2017: $566,441Net Income 2017: -$177,5132017Revenue 2018: $534,098Expenses 2018: $250,053Net Income 2018: $284,0452018Revenue 2019: $158,050Expenses 2019: $241,157Net Income 2019: -$83,1072019Revenue 2020: $429,441Expenses 2020: $412,732Net Income 2020: $16,7092020Revenue 2021: $4,403,584Expenses 2021: $330,354Net Income 2021: $4,073,2302021Revenue 2022: $199,362Expenses 2022: $359,169Net Income 2022: -$159,8072022Revenue 2023: $198,881Expenses 2023: $298,549Net Income 2023: -$99,6682023Revenue 2024: $436,937Expenses 2024: $434,365Net Income 2024: $2,5722024

Highlighted filing

2023

Revenue$198,881
Expenses$298,549
Net Income-$99,668
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 12, 2024
Return Version
2023v5.1
Gross Receipts
$985,521
Mission and Program Overview

Mission

Provide scholarships to students who otherwise would not be able to continue their education without such scholarship assistance and support and operate the childhood language clinic.

Educational and charitable purposes

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,975,948$8,094,480▲ $1,118,532
Savings and Temporary Cash Investments$1,108,194$708,146▼ $400,048
Investments Program Related$46,706$53,856▲ $7,150
Accounts Receivable$39,761$38,954▼ $807
Cash and Non-Interest-Bearing Accounts-$7,860-
Land, Buildings, and Equipment, Net$3,729$3,340▼ $389
Total Assets$8,187,666$8,919,964▲ $732,298
Other Assets Total$13,328$13,328→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,628,822$7,364,922▲ $736,100
Net Assets With Donor Restrictions$1,558,844$1,555,042▼ $3,802
Total Net Assets Fund Balance$8,187,666$8,919,964▲ $732,298
Total Liabilities and Net Assets / Fund Balance$8,187,666$8,919,964▲ $732,298

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,340$139,630$142,970

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$3,329,214$42,651▲ $250,170$37,419$3,544,412
2022$4,271,340$40,803▼ $897,835$36,949$3,329,214
2021$4,221,210$46,347▲ $97,762$50,979$4,271,340
2020$2,939,589$43,990▲ $1,329,194$37,806$4,221,210
2019$2,734,455$42,610▲ $213,302$278$2,939,589
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Michael a EbertGeneral SecretaryPT$52,481$52,481

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$76,413
Program Service Revenue
$0
Investment Income
$104,767
Other Revenue
$17,701
All Other Contributions
$76,413
Change in Net Assets
$-99,668

Audited Revenue Reconciliation

Revenue per Audited Statements
$198,881
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$831,966
Total Revenue per Audited Statements
$1,030,847
Total Revenue per Form 990
$198,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$212,679
Salaries, Compensation, and Employee Benefits$45,666
Grants and Similar Amounts Paid$40,204
Total Fundraising Expense$15,475
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$40,204--$40,204
Other Salaries and Wages$29,490--$29,490
Other Expenses$27,975$44,576$14,859$27,975
Other Employee Benefits$13,952--$13,952
Insurance$9,318--$9,318
Fees for Services Accounting-$9,199-$9,199
All Other Expenses$586$1,928$519$3,033
Payroll Taxes$2,224--$2,224
Depreciation Depletion-$292$97$389
Total Functional Expenses$227,079$55,995$15,475$298,549

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$298,549
Total Expenses per Audited Statements$298,549
Total Expenses per Form 990$298,549
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
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
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 foundation does not have any committees authorized to act on behalf of the trustees of the foundation.

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

The trustees of the foundation reviews the 990 before it is filed.

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

Annually the trustees of the foundation are to review the conflict of interest statement and determine if there are any conflicts that should be noted.

Form 990, Part VI, Section C, Line 19

All governing documents are available for public inspection at the foundation's office upon request.

Filing and Contact Details

Filer

Filer Name
Mcalester Scottish Rite Charitable
EIN
73-6102862
Phone
9184236360
Address
P O BOX 609, MCALESTER, OK 74502

Signing Officer

Name
Michael a Ebert
Title
Secretary
Phone
9184236360
Signed
2024-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael a Ebert
Formed
1962
Legal Domicile
Ok
Voting Board Members
13
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Engelbach Roberts & Co Pllc
Address
4000 CLASSEN CTR STE 100C, OKLAHOMA CITY, OK 73118
Preparer
Dennis D Galyon
Phone
4055284000
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The endowment funds are used to support the childhood language clinic, temple restoration, and provide scholarships for college students.

PART X, LINE 2:

The foundation evaluates and accounts for their uncertain tax positions, if any, in accordance with u.s. Generally accepted accounting principles, including the foundation's tax position as a tax-exempt not-for-profit entity. Through the foundation's evaluation of its uncertain tax positions, management has determined no uncertain tax positions exist as of december 31, 2023 and 2022, which would require the foundation to record a liability for the uncertain tax positions in its financial statements. The foundation's exempt returns for the years ended before december 31, 2020 are no longer subject to examination by tax authorities.

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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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IRS990/OtherExpensesGrp/Desc0MCALESTER RITECARE CLIN
IRS990/OtherExpensesGrp/Desc1ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3PRESERVE AND RENOVATE T
IRS990/OtherExpensesGrp/FundraisingAmt014859
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt044576
IRS990/OtherExpensesGrp/ProgramServicesAmt075000
IRS990/OtherExpensesGrp/ProgramServicesAmt128330
IRS990/OtherExpensesGrp/ProgramServicesAmt227975
IRS990/OtherExpensesGrp/TotalAmt075000
IRS990/OtherExpensesGrp/TotalAmt159435
IRS990/OtherExpensesGrp/TotalAmt228330
IRS990/OtherExpensesGrp/TotalAmt327975
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt029490
IRS990/OtherSalariesAndWagesGrp/TotalAmt029490
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02224
IRS990/PayrollTaxesGrp/TotalAmt02224
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL A EBERT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0CHILDHOOD LANGUAGE CLINIC- HELPS CHILDREN BY PROVIDING DIAGNOSTIC EVALUATION AND TREATMENT FOR SPEECH AND LANGUAGE DISORDERS AS WELL AS LEARNING DISABILITIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt075000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015087
IRS990/ProgSrvcAccomActy3Grp/Desc0TEMPLE RESTORATION- REPAIR, MAINTAIN AND PRESERVE THE HISTORIC TEMPLE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0111875
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt063061
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt048145
IRS990/PYInvestmentIncomeAmt0126095
IRS990/PYOtherExpensesAmt0270642
IRS990/PYOtherRevenueAmt010206
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-159807
IRS990/PYSalariesCompEmpBnftPaidAmt040382
IRS990/PYTotalExpensesAmt0359169
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0199362
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-99668
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt017701
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt017701
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01108194
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0708146
IRS990ScheduleA/FactsAndCircumstancesTestTxt01. THE ORGANIZATION RECEIVES ITS SUPPORT FROM THE GENERAL PUBLIC AND NOT FROM A SINGLE FAMILY. ANNUAL DUES STATEMENTS TO APPROXIMATELY 1,852 MEMBERS OF THE MCALESTER SCOTTISH RITE BODIES, A 501(C)(10) ORGANIZATION, SOLICIT CONTRIBUTIONS TO THE FOUNDATION.2. THE ORGANIZATION PROVIDES GRANTS TO A CHILDHOOD LANGUAGE CLINIC FOR THE HEARING IMPAIRED LOCATED IN MCALESTER, OKLAHOMA. THERE WERE 652 SERVICES RENDERED AT THESE FACILITIES.3. 10 SCHOLARSHIPS WERE PROVIDED TO DESERVING YOUNG PEOPLE WHO DESIRE TO FURTHER THEIR EDUCATION BEYOND THE HIGH SCHOOL LEVEL. THE SELECTION COMMITTEE INCLUDES MEMBERS WHO REPRESENT THE MCALESTER COMMUNITY AND SCHOOL SYSTEM.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt076413
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt063061
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt088561
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt076656
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0381589
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0207732
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0270960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0246658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0172514
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt095722
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0993586
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.14020
IRS990ScheduleA/PublicSupportPY170Pct00.14130
IRS990ScheduleA/PublicSupportTotal170Amt0192859
IRS990ScheduleA/SubstantialContributorsTotAmt0188730
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt076413
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt063061
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt088561
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt076898
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076656
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0381589
IRS990ScheduleA/TotalSupportAmt01375175
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/BoardDesignatedBalanceEOYPct00.56290
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt03329214
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt042651
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03544412
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt040204
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0250170
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt037419
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04271340
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt040803
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt03329214
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt048145
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-897835
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt036949
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04221210
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt046347
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04271340
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt043000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt097762
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt050979
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02939589
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt043990
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04221210
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt053757
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01329194
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt037806
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02734455
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt042610
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02939589
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt050500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0213302
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0278
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03340
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0139630
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0142970
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0298549
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0831966
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.43680
IRS990ScheduleD/RevenueNotReportedAmt0831966
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0198881
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE CHILDHOOD LANGUAGE CLINIC, TEMPLE RESTORATION, AND PROVIDE SCHOLARSHIPS FOR COLLEGE STUDENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION EVALUATES AND ACCOUNTS FOR THEIR UNCERTAIN TAX POSITIONS, IF ANY, IN ACCORDANCE WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, INCLUDING THE FOUNDATION'S TAX POSITION AS A TAX-EXEMPT NOT-FOR-PROFIT ENTITY. THROUGH THE FOUNDATION'S EVALUATION OF ITS UNCERTAIN TAX POSITIONS, MANAGEMENT HAS DETERMINED NO UNCERTAIN TAX POSITIONS EXIST AS OF DECEMBER 31, 2023 AND 2022, WHICH WOULD REQUIRE THE FOUNDATION TO RECORD A LIABILITY FOR THE UNCERTAIN TAX POSITIONS IN ITS FINANCIAL STATEMENTS. THE FOUNDATION'S EXEMPT RETURNS FOR THE YEARS ENDED BEFORE DECEMBER 31, 2020 ARE NO LONGER SUBJECT TO EXAMINATION BY TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00030
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03340
IRS990ScheduleD/TotalExpensesPerForm990Amt0298549
IRS990ScheduleD/TotalRevenuePerForm990Amt0198881
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01030847
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0298549
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt040204
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS FOR STUDENTS ATTENDING COLLEGE.
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PART III, COLLEGE SCHOLARSHIP AWARDS ARE PAID DIRECTLY TO THE UNIVERSITY AND/OR COLLEGES FOR STUDENTS SELECTED TO RECEIVE SUCH AWARDS AFTER PROOF OF ENROLLMENT HAS BEEN PROVIDED TO THE FOUNDATION.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION DOES NOT HAVE ANY COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE TRUSTEES OF THE FOUNDATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES OF THE FOUNDATION REVIEWS THE 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUALLY THE TRUSTEES OF THE FOUNDATION ARE TO REVIEW THE CONFLICT OF INTEREST STATEMENT AND DETERMINE IF THERE ARE ANY CONFLICTS THAT SHOULD BE NOTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL GOVERNING DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION AT THE FOUNDATION'S OFFICE 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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.57$0.00$9.57$0.44$0.43$0.00
2023Detailed filing. Detailed filing data is available for this year.$8.92$0.00$8.92$0.20$0.30$0.10
2022Detailed filing. Detailed filing data is available for this year.$8.19$0.00$8.19$0.20$0.36$0.16
2021Detailed filing. Detailed filing data is available for this year.$10.7$0.00$10.7$4.40$0.33$4.07
2020Detailed filing. Detailed filing data is available for this year.$10.0$0.00$10.0$0.43$0.41$0.02
2019Detailed filing. Detailed filing data is available for this year.$4.76$0.00$4.76$0.16$0.24$0.08
2018Detailed filing. Detailed filing data is available for this year.$4.38$0.00$4.38$0.53$0.25$0.28
2017Detailed filing. Detailed filing data is available for this year.$4.61$0.00$4.61$0.39$0.57$0.18
2016Detailed filing. Detailed filing data is available for this year.$4.61$0.00$4.61$0.49$0.61$0.12
2015Detailed filing. Detailed filing data is available for this year.$4.81$0.00$4.81$0.49$0.62$0.13
2014Detailed filing. Detailed filing data is available for this year.$5.21$0.00$5.21$0.55$0.65$0.10
2013Detailed filing. Detailed filing data is available for this year.$5.26$0.02$5.23$0.61$0.40$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$0.01$5.10$0.46
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$0.00$5.22$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$0.00$5.22$0.36