Civic Intelligence

Murray Education Foundation

990 • Fiscal year 2017 • EIN 74-2479284

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 12, 2018

5102 S Commerce DriveSalt Lake City, UT 84107-4710

(801) 264-7400

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

56th percentile

5.3%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

47th percentile

$55,897

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 8.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

50th percentile

3.2%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

223%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,061,696

Up $33,120 (+3.2%) from 2016

Net Assets

Up

$1,061,696

Up $33,120 (+3.2%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$627,686

Up $433,074 (+223%) from 2016

Expenses

Up

$594,566

Up $423,012 (+247%) from 2016

Net Income

Up

$33,120

Up $10,062 (+44%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $664,710Liabilities 2011: $0Net Assets 2011: $664,7102011Assets 2012: $1,101,471Liabilities 2012: $199,285Net Assets 2012: $902,1862012Assets 2013: $949,659Liabilities 2013: $0Net Assets 2013: $949,6592013Assets 2014: $993,714Liabilities 2014: $0Net Assets 2014: $993,7142014Assets 2015: $1,005,518Liabilities 2015: $0Net Assets 2015: $1,005,5182015Assets 2016: $1,028,576Liabilities 2016: $0Net Assets 2016: $1,028,5762016Assets 2017: $1,061,696Liabilities 2017: $0Net Assets 2017: $1,061,6962017Assets 2018: $1,112,475Liabilities 2018: $0Net Assets 2018: $1,112,4752018Assets 2019: $1,236,620Liabilities 2019: $0Net Assets 2019: $1,236,6202019Assets 2020: $1,175,963Liabilities 2020: $0Net Assets 2020: $1,175,9632020Assets 2021: $1,377,202Liabilities 2021: $0Net Assets 2021: $1,377,2022021Assets 2022: $1,266,013Liabilities 2022: $0Net Assets 2022: $1,266,0132022Assets 2023: $1,274,852Liabilities 2023: $0Net Assets 2023: $1,274,8522023Assets 2024: $1,422,677Liabilities 2024: $0Net Assets 2024: $1,422,6772024Assets 2025: $1,538,427Liabilities 2025: $0Net Assets 2025: $1,538,4272025

Highlighted filing

2017

Assets$1,061,696
Liabilities$0
Net Assets$1,061,696

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $116,173Expenses 2011: $53,526Net Income 2011: $62,6472011Expenses 2012: $43,2812012Expenses 2013: $39,6422013Revenue 2014: $91,698Expenses 2014: $47,643Net Income 2014: $44,0552014Revenue 2015: $82,431Expenses 2015: $70,627Net Income 2015: $11,8042015Revenue 2016: $194,612Expenses 2016: $171,554Net Income 2016: $23,0582016Revenue 2017: $627,686Expenses 2017: $594,566Net Income 2017: $33,1202017Revenue 2018: $119,215Expenses 2018: $68,436Net Income 2018: $50,7792018Revenue 2019: $191,947Expenses 2019: $67,802Net Income 2019: $124,1452019Revenue 2020: $104,544Expenses 2020: $130,645Net Income 2020: -$26,1012020Revenue 2021: $207,108Expenses 2021: $158,014Net Income 2021: $49,0942021Revenue 2022: $267,566Expenses 2022: $379,999Net Income 2022: -$112,4332022Revenue 2023: $484,492Expenses 2023: $484,492Net Income 2023: $02023Revenue 2024: $394,832Expenses 2024: $394,832Net Income 2024: $02024Revenue 2025: $329,654Expenses 2025: $299,116Net Income 2025: $30,5382025

Highlighted filing

2017

Revenue$627,686
Expenses$594,566
Net Income$33,120
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 12, 2018
Return Version
2016v3.0
Gross Receipts
$637,364
Mission and Program Overview

Mission

To assist and improve schools, teachers and students within Murray City School District.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$785,664$795,656▲ $9,992
Cash and Non-Interest-Bearing Accounts$242,912$266,040▲ $23,128
Total Assets$1,028,576$1,061,696▲ $33,120
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,028,576$1,061,696▲ $33,120
Total Net Assets Fund Balance$1,028,576$1,061,696▲ $33,120
Total Liabilities and Net Assets / Fund Balance$1,028,576$1,061,696▲ $33,120
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jeanne HabelDirector$55,897$55,897

Board Members and Trustees

NameTitle
Sheila JohnsonBoard Chair
Clare LangPast Chair
Anne Marie NielsonBoard Member
Dana AdamsBoard Member
Kami AndersonBoard Member
Richard ReeseBus. Adminis
D WrightPublic Relat
Steve HiraseSuperintende
Revenue and Support

Revenue Composition

Contributions and Grants
$613,418
Program Service Revenue
$0
Investment Income
$872
Other Revenue
$13,396
All Other Contributions
$603,418
Change in Net Assets
$33,120

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
Other Non Cash Contri Table1$500,000Estimated Fair Value
Total Noncash Contributions1$500,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$627,686
Total Revenue per Audited Statements
$627,686
Total Revenue per Form 990
$627,686
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$594,443
Other Expenses$123
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$565,780--$565,780
Grants to Domestic Individuals$28,663--$28,663
Other Expenses$123--$123
Total Functional Expenses$594,566$0$0$594,566

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$594,566
Total Expenses per Audited Statements$594,566
Total Expenses per Form 990$594,566
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Murray City School DistrictMurray, UTGovAwards and Projects$65,780
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,074
Fundraising Direct Expenses$9,678
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$33,074$23,074$9,678$13,396
Total Events$33,074$23,074$9,678$13,396
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Review conducted by management prior to filing. Board is provided a copy of form 990.

Form 990, Page 6, Part VI, Line 12C

Board reviews conflicts of interest annually.

Form 990, Page 6, Part VI, Line 15A

Director's salary is determined by murray city school district.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Murray Education Foundation
EIN
74-2479284
Phone
8012647400
Address
5102 S COMMERCE DRIVE, SALT LAKE CITY, UT 84107-4710

Signing Officer

Name
Richard Reese
Title
Bus. Administrator
Phone
8012647400
Signed
2018-01-12

Organization Details

Principal Officer
Richard Reese
Formed
1981
Legal Domicile
Ut
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
50

Preparer

Firm
Squire & Company Pc
Address
1329 SOUTH 800 EAST, OREM, UT 84097-7737
Preparer
M Paul Winward CPA
Phone
8012256900
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Special event expenses 0 special event expenses 0

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

SPECIAL EVENT EXPENSES 0

Schedule D, Page 4, Part XII, Line 2D

SPECIAL EVENT EXPENSES 0

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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0594566
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt25725
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt155
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt212
IRS990ScheduleI/RecipientTable/CashGrantAmt065780
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0500000
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0SUPPLIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0AWARDS AND PROJECTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MURRAY CITY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0876000503
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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0UT
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SCHOOL SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0ESTIMATED FAIR VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0500000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW CONDUCTED BY MANAGEMENT PRIOR TO FILING. BOARD IS PROVIDED A COPY OF FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTOR'S SALARY IS DETERMINED BY MURRAY CITY SCHOOL DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SPECIAL EVENT EXPENSES 0 SPECIAL EVENT EXPENSES 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
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IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
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IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt065780
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1500000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV OF SCHOOL SUPPLIES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MURRAY CITY SCHOOL DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MURRAY CITY SCHOOL DISTRICT
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01061696
IRS990/TotalAssetsGrp/BOYAmt01028576
IRS990/TotalAssetsGrp/EOYAmt01061696
IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0594566
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01061696
IRS990/TotalOtherCompensationAmt013338
IRS990/TotalProgramServiceExpensesAmt0594566
IRS990/TotalRevenueGrp/ExclusionAmt014268
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0627686
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01028576
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01061696
IRS990/TotReportableCompRltdOrgAmt042559
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01028576
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0147 EAST 5065 SOUTH
IRS990/USAddress/CityNm0MURRAY
IRS990/USAddress/StateAbbreviationCd0UT
IRS990/USAddress/ZIPCd084107
IRS990/VotingMembersGoverningBodyCnt07

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.33$0.30$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.39$0.39$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.48$0.48$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.27$0.38$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.00$1.38$0.21$0.16$0.05
2020Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.10$0.13$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.24$0.00$1.24$0.19$0.07$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.11$0.00$1.11$0.12$0.07$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$0.63$0.59$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.19$0.17$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.08$0.07$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.09$0.05$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.20$0.90$0.04
2011Summary only. Only limited summary data is available for this year.$0.66$0.00$0.66$0.12$0.05$0.06