Civic Intelligence

St. Michaels High School Foundation

990 • Fiscal year 2014 • EIN 85-0401924

Jul 01, 2013 to Jun 30, 2014 • Filed on May 12, 2015

PO Box 2256387502

(505) 988-2264

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2014 filings • NTEE I • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

16th percentile

0.02x

Higher debt load relative to revenue than 16% of similar nonprofits.

2014 filings • NTEE I • $1M-$5M nonprofits • Source year 2014

Net Margin

73rd percentile

8.1%

Higher net margin than 73% of similar nonprofits.

2014 filings • NTEE I • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

55th percentile

7.8%

Faster asset growth than 55% of similar nonprofits.

2014 filings • NTEE I • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

13th percentile

-21%

Faster revenue growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,556,277

Up $113,134 (+7.8%) from 2013

Net Assets

Up

$1,551,277

Up $108,134 (+7.5%) from 2013

Liabilities

Up

$5,000

Up $5,000 from 2013

Revenue

Down

$324,262

Down $84,036 (-21%) from 2013

Expenses

Up

$298,072

Up $200,360 (+205%) from 2013

Net Income

Down

$26,190

Down $284,396 (-92%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,208,485Liabilities 2011: $0Net Assets 2011: $1,208,4852011Assets 2012: $1,132,557Liabilities 2012: $0Net Assets 2012: $1,132,5572012Assets 2013: $1,443,143Liabilities 2013: $0Net Assets 2013: $1,443,1432013Assets 2014: $1,556,277Liabilities 2014: $5,000Net Assets 2014: $1,551,2772014Assets 2015: $1,374,268Liabilities 2015: $6,017Net Assets 2015: $1,368,2512015Assets 2016: $1,285,938Liabilities 2016: $1,145Net Assets 2016: $1,284,7932016Assets 2017: $1,285,042Liabilities 2017: $0Net Assets 2017: $1,285,0422017Assets 2018: $1,303,142Liabilities 2018: $0Net Assets 2018: $1,303,1422018Assets 2019: $2,772,988Liabilities 2019: $1,345,557Net Assets 2019: $1,427,4312019Assets 2020: $2,726,744Liabilities 2020: $5,422Net Assets 2020: $2,721,3222020Assets 2021: $3,399,540Liabilities 2021: $96,512Net Assets 2021: $3,303,0282021Assets 2022: $2,748,411Liabilities 2022: $55,556Net Assets 2022: $2,692,8552022Assets 2023: $2,985,734Liabilities 2023: $20,463Net Assets 2023: $2,965,2712023Assets 2024: $3,585,265Liabilities 2024: $164,813Net Assets 2024: $3,420,4522024Assets 2025: $3,640,778Liabilities 2025: $4,510Net Assets 2025: $3,636,2682025

Highlighted filing

2014

Assets$1,556,277
Liabilities$5,000
Net Assets$1,551,277

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $238,981Expenses 2011: $111,060Net Income 2011: $127,9212011Expenses 2012: $281,1902012Revenue 2013: $408,298Expenses 2013: $97,712Net Income 2013: $310,5862013Revenue 2014: $324,262Expenses 2014: $298,072Net Income 2014: $26,1902014Revenue 2015: $230,416Expenses 2015: $324,096Net Income 2015: -$93,6802015Revenue 2016: $246,068Expenses 2016: $295,313Net Income 2016: -$49,2452016Revenue 2017: $220,394Expenses 2017: $293,018Net Income 2017: -$72,6242017Revenue 2018: $292,553Expenses 2018: $264,387Net Income 2018: $28,1662018Revenue 2019: $383,660Expenses 2019: $224,755Net Income 2019: $158,9052019Revenue 2020: $49,187Expenses 2020: $269,926Net Income 2020: -$220,7392020Revenue 2021: $587,355Expenses 2021: $326,997Net Income 2021: $260,3582021Revenue 2022: $190,916Expenses 2022: $243,567Net Income 2022: -$52,6512022Revenue 2023: $139,606Expenses 2023: $143,152Net Income 2023: -$3,5462023Revenue 2024: $494,107Expenses 2024: $213,935Net Income 2024: $280,1722024Revenue 2025: $334,874Expenses 2025: $181,249Net Income 2025: $153,6252025

Highlighted filing

2014

Revenue$324,262
Expenses$298,072
Net Income$26,190
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$361,049
Mission and Program Overview

Mission

To promote the educational, social, and economic welfare of St. Michaels' High School and establish, maintain, and administer the St. Michaels' endowment to grant tuition assistance to students with financial needs.

To create an Endowment fund for the benefit of St. Michael's High School, its students, and its faculty.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,338,240$1,434,352▲ $96,112
Cash and Non-Interest-Bearing Accounts$104,903$107,625▲ $2,722
Pledges and Grants Receivable-$8,000-
Total Assets$1,443,143$1,556,277▲ $113,134
Other Assets Total$0$6,300▲ $6,300
Liabilities
Accounts Payable and Accrued Expenses-$5,000-
Total Liabilities$0$5,000▲ $5,000
Net Assets / Fund Balance
Permanently Rstr Net Assets$725,164$790,146▲ $64,982
Unrestricted Net Assets$429,022$404,323▼ $24,699
Temporarily Rstr Net Assets$288,957$356,808▲ $67,851
Total Net Assets Fund Balance$1,443,143$1,551,277▲ $108,134
Total Liabilities and Net Assets / Fund Balance$1,443,143$1,556,277▲ $113,134

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$788,567$64,982▲ $125,978-$932,065
2012$496,862$292,410▼ $705-$788,567
2011$395,242$2,140▲ $99,480-$496,862
2010$435,793$18,916▼ $59,467-$395,242
2009$151,074$284,719→ $0-$435,793
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$184,120
Program Service Revenue
$0
Investment Income
$95,602
Other Revenue
$44,540
All Other Contributions
$144,664
Change in Net Assets
$26,190
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$186,852
Other Expenses$111,220
Total Fundraising Expense$37,456
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$173,479--$173,479
Fees for Services Management$18,000$35,000$27,000$80,000
Grants to Domestic Orgs$13,373--$13,373
Fees for Services Accounting-$6,058-$6,058
Office Expenses$1,064$1,861$2,393$5,318
Fees for Services Other-$5,078-$5,078
Occupancy-$2,741-$2,741
Insurance-$1,293-$1,293
Other Expenses$1,532$1,112$8,063$1,112
Information Technology-$25-$25
Total Functional Expenses$207,448$53,168$37,456$298,072
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
85-0121641--Share in proceeds from the Golf Tourney event to support alumni.$13,373
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$42,614
Fundraising Gross Income$37,129
Fundraising Direct Expenses$23,628
Gaming Direct Expenses$13,159
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$40,660$23,417$11,146$12,271
Event 2$35,925$13,712$1,401$12,311
Total Events$76,585$37,129$23,628$13,501
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
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The Board of Directors hired Lyric Kali as an independent contractor as Executive Director. Lyric's duties include day to day operation - budget management, hiring/firing contractors, gift receipts, fundraising, event management, donor relations, etc. All significant management decisions are referred to the Board of Directors for a vote.

Form 990, Part VI, Section B, line 11

The 990 is reviewed by the Board of Director's Treasurer and Executive Director before filing. It will be available to all board members at the next meeting on June 30, 2015.

Form 990, Part VI, Section C, line 19

Made available upon request.

Filing and Contact Details

Filer

EIN
85-0401924
Phone
5059882264

Signing Officer

Name
James Varela
Title
Treasurer
Phone
5059882264
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Varela
Formed
1993
Legal Domicile
Nm
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
7

Preparer

Preparer
Sean S Weiner
Phone
5054247200
Raw XML AppendixShowing 400 of 569 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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt20Secretary
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt037161
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01338240
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01434352
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NM
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To create an endowment for the purpose of granting scholarships to financially needy children who wish to attend St. Michael's High School but cannot afford to do so.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01443143
IRS990/NetAssetsOrFundBalancesEOYAmt01551277
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt058441
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt058441
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt013501
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt013501
IRS990/NetIncomeFromGamingGrp/ExclusionAmt029455
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt029455
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt072867
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt010732
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt02741
IRS990/OccupancyGrp/TotalAmt02741
IRS990/OfficeExpensesGrp/FundraisingAmt02393
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01861
IRS990/OfficeExpensesGrp/ProgramServicesAmt01064
IRS990/OfficeExpensesGrp/TotalAmt05318
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt06300
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Other expenses-Fndrsng-
IRS990/OtherExpensesGrp/Desc1Other expenses-ProgServ
IRS990/OtherExpensesGrp/Desc2Other expenses-Mngmnt-9
IRS990/OtherExpensesGrp/FundraisingAmt08063
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01112
IRS990/OtherExpensesGrp/ProgramServicesAmt01532
IRS990/OtherExpensesGrp/TotalAmt08063
IRS990/OtherExpensesGrp/TotalAmt11532
IRS990/OtherExpensesGrp/TotalAmt21112
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0725164
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0790146
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt08000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0James Varela
IRS990/PriorPeriodAdjustmentsAmt08078
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0409003
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt054145
IRS990/PYInvestmentIncomeAmt0-705
IRS990/PYOtherExpensesAmt043567
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0310586
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt097712
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0408298
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt026190
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01584
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01584
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0175845
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0409003
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0291715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0298449
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0473862
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01648874
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0116739
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0-705
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt099480
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0-59467
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0140657
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0296704
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt088019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt088019
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0116739
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0-705
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt099480
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0-59467
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0140657
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0296704
IRS990ScheduleA/InvestmentIncomeCYPct00.14590
IRS990ScheduleA/InvestmentIncomePYPct00.17140
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85410
IRS990ScheduleA/PublicSupportPY509Pct00.82860
IRS990ScheduleA/PublicSupportTotal509Amt01736893
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0263864
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0409003
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0291715
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0298449
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0473862
IRS990ScheduleA/Total509Grp/TotalAmt01736893
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0380603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0408298
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0391195
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0238982
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0614519
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02033597
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0788567
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt064982
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0932065
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt047462
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0125978
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0496862

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.64$0.00$3.64$0.33$0.18$0.15
2024Detailed filing. Detailed filing data is available for this year.$3.59$0.16$3.42$0.49$0.21$0.28
2023Detailed filing. Detailed filing data is available for this year.$2.99$0.02$2.97$0.14$0.14$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.75$0.06$2.69$0.19$0.24$0.05
2021Detailed filing. Detailed filing data is available for this year.$3.40$0.10$3.30$0.59$0.33$0.26
2020Detailed filing. Detailed filing data is available for this year.$2.73$0.01$2.72$0.05$0.27$0.22
2019Detailed filing. Detailed filing data is available for this year.$2.77$1.35$1.43$0.38$0.22$0.16
2018Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.29$0.26$0.03
2017Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.22$0.29$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.28$0.25$0.30$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.37$0.01$1.37$0.23$0.32$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.01$1.55$0.32$0.30$0.03
2013Summary only. Only limited summary data is available for this year.$1.44$0.00$1.44$0.41$0.10$0.31
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.28
2011Summary only. Only limited summary data is available for this year.$1.21$0.00$1.21$0.24$0.11$0.13