Civic Intelligence

Cor Mundi Foundation Inc

EIN 86-1284425 • 501(c)3 • Memphis, TN

Profile

The corporation is organized and shall be operated to support the charitable interests of its members, including but not limited to supporting initiatives in education, formation, and scholarship in service to catholic organizations, institutions, religious orders and dioceses to ensure they are operated in support of, and fidelity to, the roman catholic church.

4728 Spottswood Avenue No 284Memphis, TN 38117

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

13.50x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

69th percentile

0.01x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

42nd percentile

-0.9%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

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 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets99th percentile

Assets

$100

No earlier filing loaded for comparison.

Liabilities

$1,350

No earlier filing loaded for comparison.

Net Assets

-$1,250

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue69th percentileNet Margin42nd percentile

Revenue

$135,000

No earlier filing loaded for comparison.

Expenses

$136,250

No earlier filing loaded for comparison.

Net Income

-$1,250

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.

$2.0K$1.0K$0-$1.0K-$2.0KAssets 2021: $100Liabilities 2021: $1,350Net Assets 2021: -$1,2502021

Highlighted filing

2021

Assets$100
Liabilities$1,350
Net Assets-$1,250
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2021: $135,000Expenses 2021: $136,250Net Income 2021: -$1,2502021

Highlighted filing

2021

Revenue$135,000
Expenses$136,250
Net Income-$1,250
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$100
Liabilities
$1,350
Net assets
-$1,250
Revenue
$135,000
Expenses
$136,250
Net income
-$1,250
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.01$0.01$1.35$1.36$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 7, 2021 to Aug 31, 2021
Signed
Jul 13, 2022
Return Version
2020v4.2
Gross Receipts
$135,000
Mission and Program Overview

Mission

The corporation is organized and shall be operated to support the charitable interests of its members, including but not limited to supporting initiatives in education, formation, and scholarship in service to catholic organizations, institutions, religious orders and dioceses to ensure they are operated in support of, and fidelity to, the roman catholic church.

To support the charitable interests of its members, including but not limited to supporting initiatives in education, formation, and scholarship in service to catholic organizations, institutions, religious orders and dioceses to ensure they are operated in support of, and fidelity to, the roman catholic church.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$100-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$-1,250▼ $1,250
Total Assets$0$100▲ $100
Liabilities
Accounts Payable and Accrued Expenses-$1,250-
Other Liabilities$0$100▲ $100
Total Liabilities$0$1,350▲ $1,350
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$-1,250▼ $1,250
Total Liabilities and Net Assets / Fund Balance$0$100▲ $100
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Louisa BowieDirector
Stephen W BowieDirector/secretary
Andrew BowieExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$135,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$135,000
Change in Net Assets
$-1,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$46,250
Grants and Similar Amounts Paid$45,000
Salaries, Compensation, and Employee Benefits$45,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$45,000-$45,000
Current Officers, Directors, Trustees, and Key Employees-$45,000-$45,000
Grants to Domestic Orgs$45,000--$45,000
Fees for Services Accounting-$1,250-$1,250
Total Functional Expenses$45,000$91,250$0$136,250
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sgm InternationalMemphis, TN501(c)(3)To Support the Damaso Conference for the History of Roman Curia$45,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Sgm International$100
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
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

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

“THERE ARE NO COMMITTEES”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed by the governing body”

Form 990, Part VI, Section B, Line 12C

“We do have a conflict of interest policy. The board of directors monitors all decisions to ensure compliance with the policy.”

Form 990, Part VI, Section C, Line 19

“The documents are not available to the broad public but we make them available to our donors and those partnering with us in the projects.”

Filing and Contact Details

Filer

Filer Name
Cor Mundi Foundation Inc
EIN
86-1284425
Phone
9012198329
Address
4728 SPOTTSWOOD AVENUE NO 284, MEMPHIS, TN 38117

Signing Officer

Name
Andrew Bowie
Title
President
Phone
9012198329
Signed
2022-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Bowie
Formed
2021
Legal Domicile
Tn
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Cbiz Mhm LLC
Address
500 BOYLSTON STREET, BOSTON, MA 02116
Preparer
Craig Klein
Phone
6177610600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional services: program service expenses 0. Management and general expenses 45,000. Fundraising expenses 0. Total expenses 45,000.”

Raw XML Appendix295 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/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0135000
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
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IRS990/MissionDesc0THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED TO SUPPORT THE CHARITABLE INTERESTS OF ITS MEMBERS, INCLUDING BUT NOT LIMITED TO SUPPORTING INITIATIVES IN EDUCATION, FORMATION, AND SCHOLARSHIP IN SERVICE TO CATHOLIC ORGANIZATIONS, INSTITUTIONS, RELIGIOUS ORDERS AND DIOCESES TO ENSURE THEY ARE OPERATED IN SUPPORT OF, AND FIDELITY TO, THE ROMAN CATHOLIC CHURCH.
IRS990/MoreThan5000KToIndividualsInd00
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IRS990/NetAssetsOrFundBalancesEOYAmt0-1250
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-1250
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0COR MUNDI FOUNDATION INC. IS FILING A SHORT YEAR RETURN FOR ITS INITIAL FILING WITH THE YEAR BEGINNING JANUARY 7, 2021.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE DAMASO CONFERENCE FOR THE HISTORY OF ROMAN CURIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SGM INTERNATIONAL
IRS990ScheduleI/RecipientTable/RecipientEIN0852507899
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WE DO HAVE A CONFLICT OF INTEREST POLICY. THE BOARD OF DIRECTORS MONITORS ALL DECISIONS TO ENSURE COMPLIANCE WITH THE POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE NOT AVAILABLE TO THE BROAD PUBLIC BUT WE MAKE THEM AVAILABLE TO OUR DONORS AND THOSE PARTNERING WITH US IN THE PROJECTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 45,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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ReturnHeader/PreparerPersonGrp/PhoneNum06177610600
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ReturnHeader/ReturnTs02022-07-14T13:34:05-05:00
ReturnHeader/ReturnTypeCd0990
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ReturnHeader/TaxPeriodBeginDt02021-01-07
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

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