Civic Intelligence

University Christian Legacy Fund

EIN 82-3379951 • 501(c)3 • Tempe, AZ

Profile

University christian legacy fund was organized to operate as a supporting organization for the benefit of, to perform the functions of, or to carry out the purposes of community ministries international, a 501(c)(3) tax exempt organization.

PO Box 1245Tempe, AZ 85280

n/A

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

1st percentile

-570%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

33rd percentile

-1.9%

Faster asset growth than 33% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

36th percentile

0.0%

Faster revenue growth than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$1,071,269

Down $20,520 (-1.9%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$1,071,269

Down $20,520 (-1.9%) from 2023

Revenue

Flat

$3,600

Flat from 2023

Expenses

Up

$24,120

Up $1,368 (+6.0%) from 2023

Net Income

Down

-$20,520

Down $1,368 (-7.1%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $1,228,409Liabilities 2016: $853,837Net Assets 2016: $374,5722016Assets 2017: $1,208,848Liabilities 2017: $770,345Net Assets 2017: $438,5032017Assets 2018: $1,188,947Liabilities 2018: $595,833Net Assets 2018: $593,1142018Assets 2019: $1,167,839Liabilities 2019: $427,972Net Assets 2019: $739,8672019Assets 2020: $1,154,444Liabilities 2020: $178,493Net Assets 2020: $975,9512020Assets 2021: $1,130,507Liabilities 2021: $165Net Assets 2021: $1,130,3422021Assets 2022: $1,112,626Liabilities 2022: $1,685Net Assets 2022: $1,110,9412022Assets 2023: $1,091,789Liabilities 2023: $0Net Assets 2023: $1,091,7892023Assets 2024: $1,071,269Liabilities 2024: $0Net Assets 2024: $1,071,2692024

Highlighted filing

2024

Assets$1,071,269
Liabilities$0
Net Assets$1,071,269

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2016: $374,572Expenses 2016: $0Net Income 2016: $374,5722016Revenue 2017: $63,931Expenses 2017: $0Net Income 2017: $63,9312017Revenue 2018: $154,611Expenses 2018: $0Net Income 2018: $154,6112018Revenue 2019: $146,753Expenses 2019: $0Net Income 2019: $146,7532019Revenue 2020: $242,245Expenses 2020: $6,161Net Income 2020: $236,0842020Revenue 2021: $155,884Expenses 2021: $1,493Net Income 2021: $154,3912021Revenue 2022: -$17,461Expenses 2022: $1,940Net Income 2022: -$19,4012022Revenue 2023: $3,600Expenses 2023: $22,752Net Income 2023: -$19,1522023Revenue 2024: $3,600Expenses 2024: $24,120Net Income 2024: -$20,5202024

Highlighted filing

2024

Revenue$3,600
Expenses$24,120
Net Income-$20,520

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.2
Gross Receipts
$3,600
Mission and Program Overview

Mission

University christian legacy fund was organized to operate as a supporting organization for the benefit of, to perform the functions of, or to carry out the purposes of community ministries international, a 501(c)(3) tax exempt organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,080,982$1,059,921▼ $21,061
Cash and Non-Interest-Bearing Accounts$10,807$11,348▲ $541
Total Assets$1,091,789$1,071,269▼ $20,520
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,091,789$1,071,269▼ $20,520
Total Net Assets Fund Balance$1,091,789$1,071,269▼ $20,520
Total Liabilities and Net Assets / Fund Balance$1,091,789$1,071,269▼ $20,520

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$643,254$178,141-
Land$416,667--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike ShererChairman
Todd MaxcyVice Chairman
Scott BarclayBoard Member
Jean DuerbeckSecretary
Laurie QuihuisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$3,600
Change in Net Assets
$-20,520
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$24,120
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$21,061--$21,061
Fees for Services Accounting-$2,259-$2,259
Insurance-$800-$800
Total Functional Expenses$21,061$3,059$0$24,120
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
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
Yes
Other officer compensation reviewed
Yes
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 governing body review Part VI line 11

The form 990 is reviewed and approved by the board and signed by an officer of the board before it is submitted to the internal revenue services.

Conflict of interest policy compliance Part VI line 12C

Each director annually signs a statement which affirms they have received a copy of the conflict of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes.

CEO executive director top management comp Part VI line 15A

At this time the organization does not have compensation for anyone, however if in the future this changes, the organizations process for determining compensation will include a review and approval by independent persons, comparabilty data, and recording of the discussion and the decision.

Other officer or key employee compensation Part VI line 15B

At this time the organization does not have compensation for anyone, however if in the future this changes, the organizations process for determining compensation will include a review and approval by independent persons, comparabilty data, and recording of the discussion and the decision.

Form 990 availability to public Part VI line 18

The organization will make their application for recognition of exemption and annual information returns available upon request without charge except for a nominal fee for reproduction and actual postage costs. Annual information returns will be available for three years after filing.

Governing documents etc available to public Part VI line 19

If the governing documents and conflict of interest policy of the organization are subject to federal or state public disclosure rul,these documents will be made publicly available as applicable law may require. Otherwise, the governing documents and conflict of interest policy will be provided to the public at the discretion of management.

Filing and Contact Details

Filer

Filer Name
University Christian Legacy Fund
EIN
82-3379951
In Care Of
% MIKE SHERER
Phone
4803827227
Address
PO BOX 1245, TEMPE, AZ 85280

Signing Officer

Name
Mike Sherer
Title
Chairman
Phone
4803827227
Signed
2025-05-15
Discuss with paid preparer
No

Organization Details

Formed
2015
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
ECI Tax LLC
Address
5090 N 40th Street Suite 205, Phoenix, AZ 85018
Preparer
Shawna L Stapleton
Phone
4803857399
Supplemental Narrative

Additional Explanations

General explanation attachment

Form 990, part 1, line 1, description of organization mission:benefit of, to perform the functions of, or to carry out the purposes of community ministries international, a 501(c)(3) tax exempt organization.

Raw XML Appendix349 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD AND SIGNED BY AN OFFICER OF THE BOARD BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR ANNUALLY SIGNS A STATEMENT WHICH AFFIRMS THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT THIS TIME THE ORGANIZATION DOES NOT HAVE COMPENSATION FOR ANYONE, HOWEVER IF IN THE FUTURE THIS CHANGES, THE ORGANIZATIONS PROCESS FOR DETERMINING COMPENSATION WILL INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILTY DATA, AND RECORDING OF THE DISCUSSION AND THE DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THIS TIME THE ORGANIZATION DOES NOT HAVE COMPENSATION FOR ANYONE, HOWEVER IF IN THE FUTURE THIS CHANGES, THE ORGANIZATIONS PROCESS FOR DETERMINING COMPENSATION WILL INCLUDE A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILTY DATA, AND RECORDING OF THE DISCUSSION AND THE DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION WILL MAKE THEIR APPLICATION FOR RECOGNITION OF EXEMPTION AND ANNUAL INFORMATION RETURNS AVAILABLE UPON REQUEST WITHOUT CHARGE EXCEPT FOR A NOMINAL FEE FOR REPRODUCTION AND ACTUAL POSTAGE COSTS. ANNUAL INFORMATION RETURNS WILL BE AVAILABLE FOR THREE YEARS AFTER FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5IF THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY OF THE ORGANIZATION ARE SUBJECT TO FEDERAL OR STATE PUBLIC DISCLOSURE RUL,THESE DOCUMENTS WILL BE MADE PUBLICLY AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF MANAGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FORM 990, PART 1, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF COMMUNITY MINISTRIES INTERNATIONAL, A 501(C)(3) TAX EXEMPT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 availability to public Part VI line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6General explanation attachment
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