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Balance Sheet
Assets
Flat$1,904,300
Flat from 2013
Net Assets
Flat$1,904,300
Flat from 2013
Liabilities
Flat$0
Flat from 2013
Revenue And Expenses
Revenue
-
No earlier filing loaded for comparison.
Expenses
Flat$1,007,975
Flat from 2013
Net Income
-
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2012 to Jun 30, 2013
- Signed
- May 12, 2014
- Return Version
- 2012v2.1
- Gross Receipts
- $1,007,975
Mission and Program Overview
Mission
To support the educational mission of Marshall B. Ketchum University.
Filing and Contact Details
Filer
- EIN
- 95-3549243
Raw XML Appendix374 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/ActivityOrMissionDescription | 0 | TO SUPPORT MBKU AS A TITLE HOLDING CORPORATION |
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| IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation | 0 | THE UNIVERSITY FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE UNIVERSITY FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2013 AND 2012. THE UNIVERSITY'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR 2009 AND THEREAFTER ARE OPEN TO EXAMINATION BY FEDERAL AND/OR STATE AUTHORITIES. |
| IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier | 0 | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
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| IRS990ScheduleI/Form990ScheduleIPartIV/Explanation | 0 | THE ENTITY MAKES A GRANT TO MARSHALL B. KETCHUM UNIVERSITY, AN ORGANIZATION THAT IS A RELATED TAX EXEMPT ORGANIZATION. THE ENTITY OPERATES IN CONJUNCTION WITH THE UNIVERSITY. THERE IS BOARD OVERLAP BETWEEN THE ORGANIZATIONS AS WELL. ALL FUNDS ARE USED TO SUPPORT THE UNIVERSITY AND ITS EDUCATIONAL PURPOSE. |
| IRS990ScheduleI/Form990ScheduleIPartIV/Identifier | 0 | SCHEDULE I, PART I, LINE 2: |
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| IRS990ScheduleI/RecipientTable/PurposeOfGrant | 0 | FUNDS ARE GIVEN TO SUPPORT THE UNIVERSITY AND ITS EDUCATIONAL PURPOSE |
| IRS990ScheduleI/RecipientTable/RecipientNameBusiness/BusinessNameLine1 | 0 | MARSHALL B KETCHUM UNIVERSITY |
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| IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation | 0 | COMPENSATION FOR OFFICERS IS NOT PAID BY THE ORGANIZATION BUT BY THE RELATED ORGANIZATION MARSHALL B. KETCHUM UNIVERSITY (MBKU). MBKU DETERMINES THE COMPENSATION OF THE OFFICERS USING THE FOLLOWING: 1. COMPENSATION COMMITTEE 2. WRITTEN EMPLOYMENT CONTRACTS 3. COMPENSATION SURVEY OR STUDY 4. REVIEW OF THE FORM 990 OF COMPARABLE ORGANIZATIONS 5. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE |
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| IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference | 0 | PART III |
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| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | MARSHALL B. KETCHUM UNIVERSITY IS THE SOLE CORPORATE MEMBER OF THE ORGANIZATION. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THE SOLE CORPORATE MEMBER SERVES AS A DIRECTOR IF A SEAT ON THE BOARD OF THE ORGANIZATION IS VACANT. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE BOARD OF TRUSTEES WILL REVIEW AND APPROVE THE FORM 990 PRIOR TO FILING WITH THE IRS. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | THE ORGANIZATION OPERATES UNDER THE CONFLICT OF INTEREST POLICY IMPLEMENTED BY MARSHALL B. KETCHUM UNIVERSITY. ALL BOARD MEMBERS ARE ALSO BOARD MEMBERS OF MBKU, SO CONFLICTS OF INTEREST HAVE BEEN MONITORED ON AN ANNUAL BASIS WITH THE UNIVERSITY. SCCO COLLEGE PROPERTIES HAS OFFICIALLY ADOPTED THE SAME CONFLICT OF INTEREST POLICY AND PROCEDURE THAT IS IN PLACE FOR MBKU. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR KEY EMPLOYEES AND THEREFORE DOES NOT HAVE A PROCESSES FOR DETERMINING COMPENSATION. THE OFFICERS AND KEY EMPLOYEES ARE COMPENSATED BY A RELATED ORGANIZATION. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 5 | THE DETERMINATION LETTER, ARTICLES OF INCORPORATION, BY-LAWS, AND FORM 990 ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ENTITY'S MAIN OFFICE. A COPY OF THE FORM 990 CAN BE FOUND ON WWW.GUIDESTAR.ORG. |
| IRS990ScheduleO/GeneralExplanation/Explanation | 6 | THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS FOR THE AUDIT OF THE FINANCIAL STATEMENTS. |
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| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 4 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 5 | FORM 990, PART XII, LINE 2C: |
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| IRS990ScheduleR/Form990ScheduleRPartII/NameOfDisregardedEntity/BusinessNameLine1 | 1 | THE FOUNDATION FOR THE PRESERVATION OF SIGHT |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 0 | HEALTHCARE EDUCATION |
| IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities | 1 | SUPPORT MBKU EYECARE |
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| IRS990ScheduleR/TransactionsRelatedOrgsTable/TransactionType | 0 | B |
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| IRS990/TotalLiabNetAssetsFundBalances/EOY | 0 | 1904300 |
| IRS990/TotalNbrEmployees | 0 | 0 |
| IRS990/TotalNbrVolunteers | 0 | 5 |
| IRS990/TotalNetAssetsFundBalances/BOY | 0 | 1904300 |
| IRS990/TotalNetAssetsFundBalances/EOY | 0 | 1904300 |
| IRS990/TotalOtherCompensation | 0 | 128109 |
| IRS990/TotalProfFundrsngExpCY | 0 | 0 |
| IRS990/TotalProfFundrsngExpPriorYear | 0 | 0 |
| IRS990/TotalProgramServiceExpense | 0 | 1007975 |
| IRS990/TotalReportableCompFrmRltdOrgs | 0 | 357271 |
| IRS990/TotalReportableCompFromOrg | 0 | 0 |
| IRS990/TotalRevenueCurrentYear | 0 | 1007975 |
| IRS990/TotalRevenue/ExclusionAmount | 0 | 0 |
| IRS990/TotalRevenuePriorYear | 0 | 982762 |
| IRS990/TotalRevenue/RelatedOrExemptFunctionIncome | 0 | 1007975 |
| IRS990/TotalRevenue/TotalRevenueColumn | 0 | 1007975 |
| IRS990/TotalRevenue/UnrelatedBusinessRevenue | 0 | 0 |
| IRS990/TypeOfOrganizationCorporation | 0 | X |
| IRS990/UnrelatedBusinessIncome | 0 | 0 |
| IRS990/UnrestrictedNetAssets/BOY | 0 | 1904300 |
| IRS990/UnrestrictedNetAssets/EOY | 0 | 1904300 |
| IRS990/UponRequest | 0 | X |
| IRS990/WebSite | 0 | N/A |
| IRS990/WhistleblowerPolicy | 0 | 1 |
| IRS990/YearFormation | 0 | 1981 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/Filer/EIN | 0 | 953549243 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | SCCO COLLEGE PROPERTIES INC |
| ReturnHeader/Filer/NameControl | 0 | SCCO |
| ReturnHeader/Filer/Phone | 0 | 7149927823 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 2575 YORBA LINDA BLVD |
| ReturnHeader/Filer/USAddress/City | 0 | FULLERTON |
| ReturnHeader/Filer/USAddress/State | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 92831 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | 1 |
| ReturnHeader/Officer/DateSigned | 0 | 2014-05-12 |
| ReturnHeader/Officer/Name | 0 | SHAWN K MCCOWN |
| ReturnHeader/Officer/Phone | 0 | 7144497466 |
| ReturnHeader/Officer/Title | 0 | CFO |
| ReturnHeader/PreparerFirm/EIN | 0 | 390859910 |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | BAKER TILLY VIRCHOW KRAUSE LLP |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 225 S 6TH ST STE 2300 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | MINNEAPOLIS |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | MN |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 55402 |
| ReturnHeader/Preparer/Name | 0 | LAWRENCE H MOHR CPA |
| ReturnHeader/Preparer/Phone | 0 | 6128764500 |
| ReturnHeader/ReturnType | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2012-07-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2013-06-30 |
| ReturnHeader/TaxYear | 0 | 2012 |
| ReturnHeader/Timestamp | 0 | 2014-05-14T11:25:46-05:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $1,904,300
- Liabilities
- $0
- Net assets
- $1,904,300
- Revenue
- -
- Expenses
- $1,007,975
- Net income
- -