Civic Intelligence

Paul Preisinger Scholarship Fund for Pastoral Candidates Inc.

EIN 82-2870339 • 501(c)3 • Kansas City, MO

Pub. 78 Eligible990-N Coverage

Profile

to encourage men to become pastors of the Lutheran Church - Missouri Synod by providing financial assistance for thier education. Focus on Kansas City South, Central and North Circuits.

7509 NW TIffany Springs Prkwy Ste 3Kansas City, MO 64153
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

98th percentile

98%

Higher net margin than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

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

Source year 2020

Revenue Growth

Score unavailable

No value available

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

Source year 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

$248,809

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$248,809

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin98th percentile

Revenue

$207,135

No earlier filing loaded for comparison.

Expenses

$4,000

No earlier filing loaded for comparison.

Net Income

$203,135

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$300K$200K$100K$0Assets 2020: $248,809Liabilities 2020: $0Net Assets 2020: $248,8092020

Highlighted filing

2020

Assets$248,809
Liabilities$0
Net Assets$248,809
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0Revenue 2020: $207,135Expenses 2020: $4,000Net Income 2020: $203,1352020

Highlighted filing

2020

Revenue$207,135
Expenses$4,000
Net Income$203,135
Open 2020 Filing

Filings

Most recent year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$248,809
Liabilities
$0
Net assets
$248,809
Revenue
$207,135
Expenses
$4,000
Net income
$203,135
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$2.07$0.04$2.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2021
Return Version
2020v4.0
Gross Receipts
$207,135
Mission and Program Overview

Mission

to encourage men to become pastors of the Lutheran Church - Missouri Synod by providing financial assistance for thier education. Focus on Kansas City South, Central and North Circuits.

to encourage men to become pastors of the Lutheran Church Missouri Synod by providing financial assistance for their education

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$45,674$248,809▲ $203,135
Total Assets$45,674$248,809▲ $203,135
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$45,674$248,809▲ $203,135
Total Net Assets Fund Balance$45,674$248,809▲ $203,135
Total Liabilities and Net Assets / Fund Balance$45,674$248,809▲ $203,135
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Michele PreisingerDirector and Pres
Paulette BluntDirector and Sec
Linda SteffensDirector and Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$206,260
Program Service Revenue
$0
Investment Income
$875
Other Revenue
$0
All Other Contributions
$206,260
Change in Net Assets
$203,135
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,000
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$4,000--$4,000
Total Functional Expenses$4,000$0$0$4,000
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
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
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

Part VI Line 11B

“Circulated to entire board for review before filing.”

Part VI Line 12C

“Board reviews all financial transactions”

Part VI Line 19

“available upon request”

Part VI, Line 11B

“A draft of the Form 990 was circulated to the entire board for”

Part VI, Line 11B

“review and comment prior to filing.”

Part VI, Line 12

“All financial details are shared with the entire board so the entire”

Part VI, Line 12

“board can participate in monitoring compliance with the organization's”

Part VI, Line 12

“conflict of interest policy.”

Part VI, Line 15

“No officers or directors are compensated so no compensation policies or”

Part VI, Line 15

“procedures are in place.”

Part VI, Line 19

“The organization's governing documents, conflict of interest policy,”

Part VI, Line 19

“financial statements and Form 990 are available to the public upon request.”

Part VIII, Line 1

“No officers or directors are compensated.”

Filing and Contact Details

Filer

Filer Name
Paul Preisinger Scholarship Fund for Pastoral Candidate
EIN
82-2870339
In Care Of
% Linda Steffens
Address
7509 NW TIffany Springs Prkwy Ste 3, Kansas City, MO 64153

Signing Officer

Name
Linda Steffens
Title
Treasurer
Phone
8165258747
Signed
2021-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Steffens
Formed
2017
Legal Domicile
Mo
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Law Office of James C Thomas III
Address
7509 NW Tiffany Springs Parkway, Suite 300, Kansas City, MO 64153
Preparer
James C Thomas Iii
Phone
8165849393
Supplemental Narrative

Additional Explanations

Sch. A, Part 2

“The $195,000 contribution from the Raymond D. Parde Trust is not”

Sch. A, Part 2

“included on Line 1 becuase the instructions for Schedule A, Part II,”

Sch. A, Part 2

“Line 1 state that "unusual grants" should not be included on Line 1.”

Sch. A, Part 2

“The contribution from the Parde Trust meets the definition of an "unusual”

Sch. A, Part 2

“grant" as set forth in the instructions and in Treas. Reg. Sec.”

Sch. A, Part 2

“1.509(a)-3(c)(3). The testamentary gift from the Lena Estes Trust of”

Sch. A, Part 2

“of $11,160.50 is excluded on Line 1 for the same reason. It was an”

Sch A, Part 2

“"unusual grant."”

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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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