Civic Intelligence

College of Eastern Idaho Foundation Inc.

990 • Fiscal year 2019 • EIN 94-3160729

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 04, 2019

1600 South 2500 EastIdaho Falls, ID 83404

(208) 524-0464

Siviq Scores

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

Liabilities / Assets

11th percentile

0.00x

Higher debt load relative to assets than 11% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

10th percentile

0.00x

Higher debt load relative to revenue than 10% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

90th percentile

47%

Higher net margin than 90% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

35th percentile

$90,698

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

77th percentile

15%

Faster asset growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

85%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$5,135,327

Up $678,817 (+15%) from 2018

Net Assets

Up

$5,128,221

Up $683,528 (+15%) from 2018

Liabilities

Down

$7,106

Down $4,711 (-40%) from 2018

Revenue

Up

$1,594,262

Up $732,886 (+85%) from 2018

Expenses

Up

$852,651

Up $185,674 (+28%) from 2018

Net Income

Up

$741,611

Up $547,212 (+281%) from 2018

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $4,274,886Liabilities 2011: $79,552Net Assets 2011: $4,195,3342011Assets 2012: $3,868,116Liabilities 2012: $85,846Net Assets 2012: $3,782,2702012Assets 2013: $3,786,363Liabilities 2013: $10,509Net Assets 2013: $3,775,8542013Assets 2014: $4,408,140Liabilities 2014: $14,123Net Assets 2014: $4,394,0172014Assets 2015: $4,259,808Liabilities 2015: $8,177Net Assets 2015: $4,251,6312015Assets 2016: $3,919,620Liabilities 2016: $9,410Net Assets 2016: $3,910,2102016Assets 2017: $4,137,693Liabilities 2017: $8,233Net Assets 2017: $4,129,4602017Assets 2018: $4,456,510Liabilities 2018: $11,817Net Assets 2018: $4,444,6932018Assets 2019: $5,135,327Liabilities 2019: $7,106Net Assets 2019: $5,128,2212019Assets 2020: $6,180,372Liabilities 2020: $28,714Net Assets 2020: $6,151,6582020Assets 2021: $7,785,951Liabilities 2021: $647Net Assets 2021: $7,785,3042021Assets 2022: $9,537,955Liabilities 2022: $1,086Net Assets 2022: $9,536,8692022Assets 2023: $11,690,288Liabilities 2023: $0Net Assets 2023: $11,690,2882023Assets 2024: $13,053,427Liabilities 2024: $0Net Assets 2024: $13,053,4272024

Highlighted filing

2019

Assets$5,135,327
Liabilities$7,106
Net Assets$5,128,221

Operations Trend

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $1,032,9952011Expenses 2012: $823,8702012Revenue 2013: $550,425Expenses 2013: $836,488Net Income 2013: -$286,0632013Revenue 2014: $1,062,973Expenses 2014: $558,756Net Income 2014: $504,2172014Revenue 2015: $543,872Expenses 2015: $562,246Net Income 2015: -$18,3742015Revenue 2016: $514,050Expenses 2016: $604,214Net Income 2016: -$90,1642016Revenue 2017: $609,268Expenses 2017: $716,550Net Income 2017: -$107,2822017Revenue 2018: $861,376Expenses 2018: $666,977Net Income 2018: $194,3992018Revenue 2019: $1,594,262Expenses 2019: $852,651Net Income 2019: $741,6112019Revenue 2020: $1,733,253Expenses 2020: $969,443Net Income 2020: $763,8102020Revenue 2021: $1,921,284Expenses 2021: $595,143Net Income 2021: $1,326,1412021Revenue 2022: $3,855,616Expenses 2022: $493,476Net Income 2022: $3,362,1402022Revenue 2023: $2,464,433Expenses 2023: $745,758Net Income 2023: $1,718,6752023Revenue 2024: $1,733,440Expenses 2024: $926,039Net Income 2024: $807,4012024

Highlighted filing

2019

Revenue$1,594,262
Expenses$852,651
Net Income$741,611
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$2,985,938
Mission and Program Overview

Mission

To solicit gifts, devises, monies or properties to be held and managed exclusively for cei.

To solicit gifts, devises, monies or properties to be held and managed for the exclusive benefit of eastern idaho technical college.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$3,790,979$4,708,563▲ $917,584
Cash and Non-Interest-Bearing Accounts$653,594$414,821▼ $238,773
Savings and Temporary Cash Investments$11,937$11,943▲ $6
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$4,456,510$5,135,327▲ $678,817
Liabilities
Accounts Payable and Accrued Expenses$11,817$7,106▼ $4,711
Total Liabilities$11,817$7,106▼ $4,711
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,109,387$2,989,519▼ $119,868
Permanently Rstr Net Assets$989,754$1,794,074▲ $804,320
Unrestricted Net Assets$345,552$344,628▼ $924
Total Net Assets Fund Balance$4,444,693$5,128,221▲ $683,528
Total Liabilities and Net Assets / Fund Balance$4,456,510$5,135,327▲ $678,817

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$6,164$6,164
Other Securities$310,937--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$989,754---$989,754
2017$886,885$102,869--$989,754
2016$886,885---$886,885
2015$886,885---$886,885
2014$881,885$5,000--$886,885
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Natalie HebardExecutive DirectorFT$90,698$90,698

Board Members and Trustees

NameTitle
Kristine StatenBoard Chair
Bobbe CrapoFinance Chairman
Deb MorettoPast Board Chairman
Becky HolzemerBoard Member
Carlo MelbihessBoard Member
Cody FreshBoard Member
Daren LongBoard Member
Delyn HendricksBoard Member
Doug BensonBoard Member
James BitrickBoard Member
Kathy FatkinBoard Member
Mark HallBoard Member
Pamela RichBoard Member
Renae OswaldBoard Member
Richard SwensonBoard Member
Scott EskelsonBoard Member
Shannon HavinsBoard Member
Teri TengaioBoard Member
Travis EvansBoard Member
Tyson DanielsBoard Member
Perry BugbeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,243,506
Program Service Revenue
$0
Investment Income
$382,545
Other Revenue
$-31,789
All Other Contributions
$1,180,423
Change in Net Assets
$741,611

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1,172$139,800Fair Market Value
Other Non Cash Contri Table1$85,698Actual Costs
Other Non Cash Contri Table1$81,968Actual Costs
Total Noncash Contributions1,174$307,466-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,581,101
Revenue Not Reported on Financial Statements
$13,161
Revenue Not Reported on Form 990
$-58,084
Total Revenue per Audited Statements
$1,523,017
Total Revenue per Form 990
$1,594,262
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$703,856
Salaries, Compensation, and Employee Benefits$148,795
Total Fundraising Expense$25,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$25,000$40,698$25,000$90,698
Other Salaries and Wages$58,097--$58,097
Advertising-$23,638-$23,638
Fees for Services Legal-$17,143-$17,143
Fees for Service Investment Mgmnt Fees-$13,161-$13,161
All Other Expenses-$5,520$500$6,020
Other Expenses$1$5,300-$5,300
Office Expenses-$2,970-$2,970
Total Functional Expenses$709,710$117,441$25,500$852,651

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Total Expenses per Audited Statements$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$39,010
Fundraising Gross Income$7,221
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Great Race for Ed.$70,304$7,221$26,177$-18,956
Total Events$70,304$7,221$39,010$-31,789
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 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, Part VI, Section B, Line 11B

The form 990 is reviewed in detail by either the executive director or a member of the board prior to releasing to the internal revenue service.

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

The foundation does not utilize board members such that they could personally profit from their relationship. Each board member has a signed consent and understanding form of the policy and are required to voluntarily commmunicate where a conflict of interest may occur.

Form 990, Part VI, Section B, Line 15

The executive director is a state employee and all compensation is approved by the state board of education and falls within the state employment salary guidelines for positions with the executive director tasks and responsibilities. The board of directors also reviews and approves all compensation.

Form 990, Part VI, Section C, Line 19

College of eastern idaho foundation makes available to the public all information, including the audited financial statements, tax return, and the foundation's policies and procedures.

Filing and Contact Details

Filer

Filer Name
College of Eastern Idaho Foundation Inc
EIN
94-3160729
Phone
2085240464
Address
1600 SOUTH 2500 EAST, IDAHO FALLS, ID 83404

Signing Officer

Name
Kristine Staten
Title
Chairman
Phone
2085355398
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristine Staten
Formed
1992
Legal Domicile
Id
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
0

Preparer

Firm
Wipfli Llp
Address
PO BOX 50699, IDAHO FALLS, ID 83405
Preparer
Judith Brower
Phone
2085235953
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The finance committee reviews the audit report in detail each year.

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IRS990/LocalChaptersInd00
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IRS990/OtherExpensesGrp/ProgramServicesAmt21
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IRS990/PrincipalOfficerNm0KRISTINE STATEN
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IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012004
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IRS990ScheduleA/TotalSupportAmt03165996
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0886885
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0102869
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0989754
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0886885
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0886885

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$13.1$0.00$13.1$1.73$0.93$0.81
2023Detailed filing. Detailed filing data is available for this year.$11.7$0.00$11.7$2.46$0.75$1.72
2022Detailed filing. Detailed filing data is available for this year.$9.54$0.00$9.54$3.86$0.49$3.36
2021Detailed filing. Detailed filing data is available for this year.$7.79$0.00$7.79$1.92$0.60$1.33
2020Detailed filing. Detailed filing data is available for this year.$6.18$0.03$6.15$1.73$0.97$0.76
2019Detailed filing. Detailed filing data is available for this year.$5.14$0.01$5.13$1.59$0.85$0.74
2018Detailed filing. Detailed filing data is available for this year.$4.46$0.01$4.44$0.86$0.67$0.19
2017Detailed filing. Detailed filing data is available for this year.$4.14$0.01$4.13$0.61$0.72$0.11
2016Detailed filing. Detailed filing data is available for this year.$3.92$0.01$3.91$0.51$0.60$0.09
2015Detailed filing. Detailed filing data is available for this year.$4.26$0.01$4.25$0.54$0.56$0.02
2014Detailed filing. Detailed filing data is available for this year.$4.41$0.01$4.39$1.06$0.56$0.50
2013Summary only. Only limited summary data is available for this year.$3.79$0.01$3.78$0.55$0.84$0.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.87$0.09$3.78$0.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$0.08$4.20$1.03