Civic Intelligence

Murray Education Foundation

990 • Fiscal year 2018 • EIN 74-2479284

Jul 01, 2017 to Jun 30, 2018 • Filed on Jan 18, 2019

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.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$62,661

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 52.6% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

62nd percentile

4.8%

Faster asset growth than 62% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

1st percentile

-81%

Faster revenue growth than 1% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$1,112,475

Up $50,779 (+4.8%) from 2017

Net Assets

Up

$1,112,475

Up $50,779 (+4.8%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$119,215

Down $508,471 (-81%) from 2017

Expenses

Down

$68,436

Down $526,130 (-88%) from 2017

Net Income

Up

$50,779

Up $17,659 (+53%) from 2017

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

2018

Assets$1,112,475
Liabilities$0
Net Assets$1,112,475

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

2018

Revenue$119,215
Expenses$68,436
Net Income$50,779
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Jan 18, 2019
Return Version
2017v2.3
Gross Receipts
$124,565
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$795,656$1,089,776▲ $294,120
Cash and Non-Interest-Bearing Accounts$266,040$22,699▼ $243,341
Total Assets$1,061,696$1,112,475▲ $50,779
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,061,696$1,112,475▲ $50,779
Total Net Assets Fund Balance$1,061,696$1,112,475▲ $50,779
Total Liabilities and Net Assets / Fund Balance$1,061,696$1,112,475▲ $50,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Jeanne HabelDirectorFT$62,661$62,661

Board Members and Trustees

NameTitle
Sheila JohnsonBoard Chair
Anne Marie NielsonBoard Member
Blake VoorheesBoard Member
Brian WinterowdBoard Member
Geneal NelsonBoard Member
Jo WinterowdBoard Member
Kami AndersonBoard Member
Richard HabelBoard Member
Spencer OlsenBoard Member
Richard ReeseBus. Adminis
D WrightPublic Relat
Jennifer CovingtonSuperintende
Revenue and Support

Revenue Composition

Contributions and Grants
$87,290
Program Service Revenue
$0
Investment Income
$13,346
Other Revenue
$18,579
All Other Contributions
$80,290
Change in Net Assets
$50,779

Audited Revenue Reconciliation

Revenue per Audited Statements
$119,215
Revenue Not Reported on Form 990
$5,350
Total Revenue per Audited Statements
$124,565
Total Revenue per Form 990
$119,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$67,936
Other Expenses$500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$43,557--$43,557
Grants to Domestic Individuals$24,379--$24,379
Other Expenses$500--$500
Total Functional Expenses$68,436$0$0$68,436

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$73,786
Expenses per Audited Statements$68,436
Total Expenses per Form 990$68,436
Expenses Not Reported on Form 990$5,350
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Murray City School DistrictMurray, UTGovAwards and Projects$43,557
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$23,929
Fundraising Direct Expenses$5,350
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$30,929$23,929$5,350$18,579
Total Events$30,929$23,929$5,350$18,579
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
Yes
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 2

Jeanne habel richard habel director board member family relation jo winterowd brian winterowd board member board member family relation

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

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

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 15B

Foundation has no other paid officers or employees.

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
2019-01-18

Organization Details

Principal Officer
Richard Reese
Formed
1981
Legal Domicile
Ut
Voting Board Members
11
Independent Board Members
9
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 5,350 special event expenses -5,350

Financial Statement Notes

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

Special event expenses 5,350

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

Special event expenses 5,350

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IRS990ScheduleD/ExpensesSubtotalAmt068436
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IRS990ScheduleD/OtherRevenueAmt05350
IRS990ScheduleD/RevenueNotReportedAmt05350
IRS990ScheduleD/RevenueSubtotalAmt0119215
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SPECIAL EVENT EXPENSES 5,350
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSES 5,350
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
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IRS990ScheduleD/TotalRevenuePerForm990Amt0119215
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt073786
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IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt05350
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt023929
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt023929
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt018579
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt117879
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt23500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1TEACHER GRANTS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2PINNACLE AWARD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt144
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt27
IRS990ScheduleI/RecipientTable/CashGrantAmt043557
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0SUPPLIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0AWARDS AND PROJECTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0MURRAY CITY SCHOOL DISTRICT
IRS990ScheduleI/RecipientTable/RecipientEIN0876000503
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0147 E 5065 S
IRS990ScheduleI/RecipientTable/USAddress/CityNm0MURRAY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0UT
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IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JEANNE HABEL RICHARD HABEL DIRECTOR BOARD MEMBER FAMILY RELATION JO WINTEROWD BRIAN WINTEROWD BOARD MEMBER BOARD MEMBER FAMILY RELATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEW CONDUCTED BY MANAGEMENT PRIOR TO FILING. BOARD IS PROVIDED A COPY OF FORM 990 AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD REVIEWS CONFLICTS OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DIRECTOR'S SALARY IS DETERMINED BY MURRAY CITY SCHOOL DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOUNDATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SPECIAL EVENT EXPENSES 5,350 SPECIAL EVENT EXPENSES -5,350
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MURRAY SCHOOL DISTRICT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0876000503
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0EDUCATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0147 EAST 5065 SOUTH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MURRAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0UT
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IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt043557
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH PAID
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MURRAY CITY SCHOOL DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MURRAY CITY SCHOOL DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2MURRAY CITY SCHOOL DISTRICT
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2O
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IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01112475
IRS990/TotalAssetsGrp/BOYAmt01061696
IRS990/TotalAssetsGrp/EOYAmt01112475
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt087290
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068436
IRS990/TotalFunctionalExpensesGrp/TotalAmt068436
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01112475
IRS990/TotalOtherCompensationAmt014952
IRS990/TotalProgramServiceExpensesAmt068436
IRS990/TotalRevenueGrp/ExclusionAmt031925
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0119215
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01061696

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