Civic Intelligence

Vatican Observatory Foundation Attn Brother Tom Williams

990 • Fiscal year 2014 • EIN 86-0559994

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 26, 2015

2017 E Lee StreetTucson, AZ 85719

(520) 795-1694

Siviq Scores

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

Liabilities / Assets

21st percentile

0.01x

Higher debt load relative to assets than 21% of similar nonprofits.

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

Liabilities / Revenue

27th percentile

0.03x

Higher debt load relative to revenue than 27% of similar nonprofits.

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

Net Margin

24th percentile

-7.1%

Higher net margin than 24% of similar nonprofits.

2014 filings • 501(c)3 • $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

16th percentile

-6.7%

Faster asset growth than 16% of similar nonprofits.

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

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

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

Assets

Down

$4,254,706

Down $307,832 (-6.7%) from 2013

Net Assets

Down

$4,232,146

Down $216,674 (-4.9%) from 2013

Liabilities

Down

$22,560

Down $91,158 (-80%) from 2013

Revenue

Up

$810,817

Up $85,957 (+12%) from 2013

Expenses

Up

$868,054

Up $101,192 (+13%) from 2013

Net Income

Down

-$57,237

Down $15,235 (-36%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $4,695,108Liabilities 2011: $47,852Net Assets 2011: $4,647,2562011Assets 2012: $4,404,573Liabilities 2012: $13,310Net Assets 2012: $4,391,2632012Assets 2013: $4,562,538Liabilities 2013: $113,718Net Assets 2013: $4,448,8202013Assets 2014: $4,254,706Liabilities 2014: $22,560Net Assets 2014: $4,232,1462014Assets 2015: $4,226,050Liabilities 2015: $240,697Net Assets 2015: $3,985,3532015Assets 2016: $3,703,591Liabilities 2016: $56,325Net Assets 2016: $3,647,2662016Assets 2017: $3,653,397Liabilities 2017: $27,194Net Assets 2017: $3,626,2032017Assets 2018: $3,193,987Liabilities 2018: $40,284Net Assets 2018: $3,153,7032018Assets 2019: $3,230,540Liabilities 2019: $13,310Net Assets 2019: $3,217,2302019Assets 2020: $3,447,425Liabilities 2020: $66,593Net Assets 2020: $3,380,8322020Assets 2021: $3,618,822Liabilities 2021: $87,375Net Assets 2021: $3,531,4472021Assets 2022: $2,857,994Liabilities 2022: $24,205Net Assets 2022: $2,833,7892022Assets 2023: $3,718,122Liabilities 2023: $42,343Net Assets 2023: $3,675,7792023Assets 2024: $4,308,716Liabilities 2024: $336,909Net Assets 2024: $3,971,8072024

Highlighted filing

2014

Assets$4,254,706
Liabilities$22,560
Net Assets$4,232,146

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $318,207Expenses 2011: $770,728Net Income 2011: -$452,5212011Revenue 2012: $379,505Expenses 2012: $799,444Net Income 2012: -$419,9392012Revenue 2013: $724,860Expenses 2013: $766,862Net Income 2013: -$42,0022013Revenue 2014: $810,817Expenses 2014: $868,054Net Income 2014: -$57,2372014Revenue 2015: $673,314Expenses 2015: $787,174Net Income 2015: -$113,8602015Revenue 2016: $534,931Expenses 2016: $936,734Net Income 2016: -$401,8032016Revenue 2017: $779,135Expenses 2017: $852,633Net Income 2017: -$73,4982017Revenue 2018: $588,195Expenses 2018: $816,241Net Income 2018: -$228,0462018Revenue 2019: $615,229Expenses 2019: $815,406Net Income 2019: -$200,1772019Revenue 2020: $758,757Expenses 2020: $760,575Net Income 2020: -$1,8182020Revenue 2021: $864,605Expenses 2021: $751,259Net Income 2021: $113,3462021Revenue 2022: $143,045Expenses 2022: $397,733Net Income 2022: -$254,6882022Revenue 2023: $1,597,991Expenses 2023: $910,014Net Income 2023: $687,9772023Revenue 2024: $1,515,881Expenses 2024: $1,032,520Net Income 2024: $483,3612024

Highlighted filing

2014

Revenue$810,817
Expenses$868,054
Net Income-$57,237
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 26, 2015
Return Version
2014v5.0
Gross Receipts
$2,517,685
Mission and Program Overview

Mission

The Vatican Observatory Foundation brings together scientists, philanthropists and the Catholic Church to facilitate and promote scientific research of the heavens through support of the Vatican Advanced Technology Telescope and educational initiatives around the world.

Astronomical research

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,791,619$2,375,417▼ $416,202
Land, Buildings, and Equipment, Net$1,449,924$1,382,432▼ $67,492
Savings and Temporary Cash Investments$208,078$264,068▲ $55,990
Pledges and Grants Receivable$36,012$78,894▲ $42,882
Cash and Non-Interest-Bearing Accounts$23,762$35,632▲ $11,870
Prepaid Expenses and Deferred Charges$1,500$17,703▲ $16,203
Total Assets$4,562,538$4,254,706▼ $307,832
Other Assets Total$51,643$100,560▲ $48,917
Liabilities
Other Liabilities$13,310$13,310→ $0
Accounts Payable and Accrued Expenses$100,408$9,250▼ $91,158
Total Liabilities$113,718$22,560▼ $91,158
Net Assets / Fund Balance
Unrestricted Net Assets$2,957,716$2,770,672▼ $187,044
Permanently Rstr Net Assets$1,461,474$1,461,474→ $0
Temporarily Rstr Net Assets$29,630$0▼ $29,630
Total Net Assets Fund Balance$4,448,820$4,232,146▼ $216,674
Total Liabilities and Net Assets / Fund Balance$4,562,538$4,254,706▼ $307,832

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$881,396$920,194$1,801,590
Buildings$483,589$1,157,965$1,641,554
Other Land Buildings$17,447$23,529$40,976
Other Securities$719,136--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,461,474-▲ $105,314$105,314$1,461,474
2013$2,326,960--$865,486$1,461,474
2012$2,326,960---$2,326,960
2011$2,326,960---$2,326,960
2010$4,176,960--$1,850,000$2,326,960
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$534,680
Program Service Revenue
$10,107
Investment Income
$264,752
Other Revenue
$1,278
All Other Contributions
$484,680
Change in Net Assets
$-57,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$780,651
Total Fundraising Expense$177,725
Professional Fundraising Fees$87,403
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$230,232$3,500$10,538$244,270
Depreciation Depletion$88,393--$88,393
Fees for Services Professional Fundraising--$87,403$87,403
Fees for Services Legal-$54,000-$54,000
Fees for Service Investment Mgmnt Fees-$34,126-$34,126
Fees for Services Accounting-$28,750-$28,750
Occupancy$16,331-$7,332$23,663
Insurance$12,709$7,324-$20,033
Office Expenses$15,149$946$3,543$19,638
Fees for Services Management--$17,134$17,134
All Other Expenses$1,986$300$11,451$13,737
Other Expenses$3,887-$7,916$7,916
Travel-$1,891$5,166$7,057
Total Functional Expenses$559,492$130,837$177,725$868,054
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$87,403
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Commissioning liability$13,310
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Organization has members.

Form 990, Part VI, Section A, line 7A

Members elect the governing body.

Form 990, Part VI, Section A, line 7B

Members approve decisions of the governing body.

Form 990, Part VI, Section A, line 8B

The Organization does not have committees.

Form 990, Part VI, Section B, line 11

Form 990 is provided to the governing body before it is filed. The form is reviewed by the signing officer on behalf of the governing body before it is filed.

Form 990, Part VI, Section C, line 19

Annual Reports are available to public and can be seen on Arizona Corporation Commission website. Expanded detailed annual report is also posted on the entity's website along with the Organization's Audit report.

Filing and Contact Details

Filer

Filer Name
Vatican Observatory Foundation
EIN
86-0559994
Phone
5207951694
Address
2017 E Lee Street, Tucson, AZ 85719

Signing Officer

Name
Br Guy Consolmagno SJ
Title
President
Phone
5207951694
Signed
2015-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Br Guy Consolmagno SJ
Formed
1986
Legal Domicile
Az
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
0

Preparer

Firm
Keegan Linscott & Kenon PC
Address
33 N Stone Avenue Suite 1100, Tucson, AZ 85701
Preparer
Carla J Keegan
Phone
5208840176
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other Professional Fees: Program service expenses 230,232. Management and general expenses 3,500. Fundraising expenses 10,538. Total expenses 244,270.

Financial Statement Notes

Part X, Line 2:

The Foundation is an Internal Revenue Code ("IRC") Section 501(c)(3) organization, exempt from taxes by application of IRC Section 501(a) and is a public charity by application of IRC Section 509(a)(1). Accordingly, no provision for federal or state income taxes is recorded in the accompanying financial statements. Income from certain activities not directly related to the Foundation's tax-exempt purpose, however may be subject to taxation as unrelated business income. Management has considered its tax positions in accordance with the accounting standard for uncertainty in income taxes and believes that all of the positions taken in its federal and state exempt organization returns are more likely than not to be sustained upon examination. In addition, Management is not aware of any matters which would cause the Foundation to lose its tax-exempt status. The Foundation's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. The Foundation recognizes interest and penalties related to unrecognized tax benefits in general and administrative expenses in the accompanying financial statements. During the year ended December 31, 2014 and 2013, the Foundation did not recognize any interest and penalties.

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IRS990/OfficeExpensesGrp/ProgramServicesAmt015149
IRS990/OfficeExpensesGrp/TotalAmt019638
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt051643
IRS990/OtherAssetsTotalGrp/EOYAmt0100560
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MGIO expenses
IRS990/OtherExpensesGrp/Desc1Indirect Operating Expe
IRS990/OtherExpensesGrp/Desc2Printing
IRS990/OtherExpensesGrp/Desc3Fundraising
IRS990/OtherExpensesGrp/FundraisingAmt027242
IRS990/OtherExpensesGrp/FundraisingAmt17916
IRS990/OtherExpensesGrp/ProgramServicesAmt0125779
IRS990/OtherExpensesGrp/ProgramServicesAmt165026
IRS990/OtherExpensesGrp/ProgramServicesAmt23887
IRS990/OtherExpensesGrp/TotalAmt0125779
IRS990/OtherExpensesGrp/TotalAmt165026
IRS990/OtherExpensesGrp/TotalAmt231129
IRS990/OtherExpensesGrp/TotalAmt37916
IRS990/OtherLiabilitiesGrp/BOYAmt013310
IRS990/OtherLiabilitiesGrp/EOYAmt013310
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01278
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01278
IRS990/OtherRevenueTotalAmt01278
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01461474
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01461474
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt036012
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt078894
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017703
IRS990/PrincipalOfficerNm0Br Guy Consolmagno SJ
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0Licensing Agreement Income
IRS990/ProgramServiceRevenueGrp/Desc1Book Royalties
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06607
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06607
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0462026
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0246006
IRS990/PYOtherExpensesAmt0690654
IRS990/PYOtherRevenueAmt04118
IRS990/PYProgramServiceRevenueAmt012710
IRS990/PYRevenuesLessExpensesAmt0-42002
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0766862
IRS990/PYTotalProfFndrsngExpnsAmt076208
IRS990/PYTotalRevenueAmt0724860
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-57237
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt050000
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011385
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0208078
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0264068
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0534680
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0462026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0249043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0366450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0546662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02158861
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt094660
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt094660
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0105650
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt087944
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0112487
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0495401
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01278
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04118
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0510
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03472
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt04204
IRS990ScheduleA/OtherIncome170Grp/TotalAmt013582
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80920
IRS990ScheduleA/PublicSupportPY170Pct00.81300
IRS990ScheduleA/PublicSupportTotal170Amt02158861
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0534680
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0462026
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0249043
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0366450
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0546662
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02158861
IRS990ScheduleA/TotalSupportAmt02667844
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/BuildingsGrp/BookValueAmt0483589
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01157965
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01641554
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01461474
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01461474
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0105314
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0105314
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02326960
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01461474
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0865486
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02326960
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02326960
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02326960
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02326960
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt04176960
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02326960
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt01850000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0881396
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0920194
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01801590
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt017447
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt023529
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040976
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013310
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Commissioning liability
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01656281
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1719136
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Common Equity Securities
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Debt Securities
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is an Internal Revenue Code ("IRC") Section 501(c)(3) organization, exempt from taxes by application of IRC Section 501(a) and is a public charity by application of IRC Section 509(a)(1). Accordingly, no provision for federal or state income taxes is recorded in the accompanying financial statements. Income from certain activities not directly related to the Foundation's tax-exempt purpose, however may be subject to taxation as unrelated business income. Management has considered its tax positions in accordance with the accounting standard for uncertainty in income taxes and believes that all of the positions taken in its federal and state exempt organization returns are more likely than not to be sustained upon examination. In addition, Management is not aware of any matters which would cause the Foundation to lose its tax-exempt status. The Foundation's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. The Foundation recognizes interest and penalties related to unrecognized tax benefits in general and administrative expenses in the accompanying financial statements. During the year ended December 31, 2014 and 2013, the Foundation did not recognize any interest and penalties.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01382432
IRS990ScheduleD/TotalBookValueSecuritiesAmt02375417
IRS990ScheduleD/TotalLiabilityAmt013310
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0fundraising consulting
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt0456063
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0368660
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Bannan - Steinke Travel Inc
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt087403
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt0874 Winding Way Drive
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Ventura
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd0930012072
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0AZ
IRS990ScheduleG/MailSolicitationsInd0X

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.31$0.34$3.97$1.52$1.03$0.48
2023Detailed filing. Detailed filing data is available for this year.$3.72$0.04$3.68$1.60$0.91$0.69
2022Detailed filing. Detailed filing data is available for this year.$2.86$0.02$2.83$0.14$0.40$0.25
2021Detailed filing. Detailed filing data is available for this year.$3.62$0.09$3.53$0.86$0.75$0.11
2020Detailed filing. Detailed filing data is available for this year.$3.45$0.07$3.38$0.76$0.76$0.00
2019Detailed filing. Detailed filing data is available for this year.$3.23$0.01$3.22$0.62$0.82$0.20
2018Detailed filing. Detailed filing data is available for this year.$3.19$0.04$3.15$0.59$0.82$0.23
2017Detailed filing. Detailed filing data is available for this year.$3.65$0.03$3.63$0.78$0.85$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.70$0.06$3.65$0.53$0.94$0.40
2015Detailed filing. Detailed filing data is available for this year.$4.23$0.24$3.99$0.67$0.79$0.11
2014Detailed filing. Detailed filing data is available for this year.$4.25$0.02$4.23$0.81$0.87$0.06
2013Detailed filing. Detailed filing data is available for this year.$4.56$0.11$4.45$0.72$0.77$0.04
2012Summary only. Only limited summary data is available for this year.$4.40$0.01$4.39$0.38$0.80$0.42
2011Summary only. Only limited summary data is available for this year.$4.70$0.05$4.65$0.32$0.77$0.45