2016-11-10T08:00:09-06:00 2016-06-30 351307701 KRUGGEL LAWTON & COMPANY LLC 805 VAN BRUNT AVENUE ST JOSEPH MI 49085 990 2015-07-01 237129409 TWIN-CITY AREA CATHOLIC SCHOOL FUND TWIN 2699211410 515 SHIP STREET SUITE 209 ST JOSEPH MI 49085 JOHN CURTIS PRESIDENT 2699211410 2016-11-09 1 DAVID SCHAFFER P00736158 2699830131 2016-11-09 2015 2017-02-10 21:41:12Z JOHN CURTIS 515 SHIP ST ST JOSEPH MI 49085 1073997 0 X N/A X 1972 MI SUPPORT OF AREA CATHOLIC SCHOOLS AND STUDENTS 9 9 0 25 0 0 41183 503168 0 0 211718 176402 119 2298 253020 681868 216071 222266 0 0 0 0 0 0 298 43436 56958 259507 279224 -6487 402644 4504834 4875945 0 1400 4504834 4874545 SUPPORT OF AREA CATHOLIC SCHOOLS AND STUDENTS 0 0 254542 222266 SUPPORT OF AREA CATHOLIC SCHOOLS AND STUDENTS 254542 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 MI X JOHN CURTIS 2699211410 515 SHIP STREET SUITE 209 ST JOSEPH MI 49085 X ELAINE THEISEN SECRETARY 2.00 X X 0 0 0 KURT MARZKE TREASURER 2.00 X 0 0 0 JOE GIANNOLA DIRECTOR 2.00 X 0 0 0 MARK MILLER DIRECTOR 2.00 X 0 0 0 JOHN CURTIS PRESIDENT 2.00 X X 0 0 0 PAUL LANDECK DIRECTOR 2.00 X 0 0 0 ANTHONY MONTE DIRECTOR 2.00 X 0 0 0 JOHN PROOS DIRECTOR 2.00 X 0 0 0 SARA JOLLAY DIRECTOR 2.00 X 0 0 0 JACK KINNEY DIRECTOR 2.00 X 0 0 0 ANDREW TAKACS DIRECTOR 0.00 X 0 0 0 0 0 0 0 0 0 0 0 503168 503168 91125 91125 477406 392129 85277 85277 85277 UNALLOCATED EARNINGS 900099 2036 2036 SETTLEMENT REFUND 900099 262 262 2298 681868 2298 0 176402 222266 222266 15020 15020 5394 5394 1761 1036 725 3000 3000 1631 1386 245 INVESTMENT FEES 29333 29333 PRINTING AND POSTAGE 819 521 298 279224 254542 24384 298 18740 10323 69165 506549 729 11042 11042 0 0 4268486 4214743 148443 143601 4504834 4875945 0 1400 0 1400 X 2059585 1931670 672616 1174344 1772633 1768531 4504834 4874545 4504834 4875945 X 402644 -32616 4525 -4842 X 0 1 X 1 0 X 38982 44956 50140 41183 503168 678429 38982 44956 50140 41183 503168 678429 457748 220681 79038 89135 83938 82951 91125 426187 37 119 2298 2454 1107070 0.19930 0.26080 X THE ORGANIZATION ACTIVELY SOLICITS SUPPORT FROM THE PUBLIC. SUPPORT TENDSTO BE CYCLICAL WITH VARIOUS FUNDRAISING TYPE EFFORTS. IN 2015, THE PUBLIC SUPPORT PERCENTAGE WAS 19.93%. WELL ABOVE THE 10 % LIMITATION. THIS IS CONSISTENT WITH OTHER ORGANIZATIONS SIMILAR TO TWIN CITY AREA CATHOLIC SCHOOL FUND. THE PUBLIC SUPPORT IS LOW BECAUSE IT RECEIVES A HIGHPERCENTAGE OF ITS SUPPORT FROM INVESTMENT INCOME ON ITS ENDOWMENT FUNDS. THE ENDOWMENTS WERE CONTRIBUTED BY THE GENERAL PUBLIC FOR THE ORGANIZATION'S PERPETUITY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3199804 4614 63941 20386 3247973 3225557 13541 74338 113632 3199804 3176707 1454 304465 257069 3225557 3035492 8535 166824 34144 3176707 3075549 10430 -4313 46174 3035492 0 0 11042 11042 0 0 X 619602 -32616 4525 -4842 -32933 652535 29333 29333 681868 249891 0 249891 29333 29333 279224 PART X, LINE 2: THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS UNDER FIN 48. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN BENEFICIAL INTERESTS PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS THE ORGANIZATION'S ENDOWMENTS ARE USED TO SUPPORT SCHOLARSHIP PROGRAMS AND OPERATING EXPENSES FOR THE LAKE MICHIGAN CATHOLIC SCHOOLS IN SOUTHWESTERN MICHIGAN. PART X - FIN 48 FOOTNOTE THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS UNDER FIN 48. PART XI, LINE 2D - REVENUE AMOUNTS INCLUDED IN FINANCIALS OTHER CHANGE IN BENEFICIAL INTEREST-FASB 136 $ -4,842 0 LAKE MICHIGAN CATHOLIC SCHOOLS 915 PLEASANT STREET ST JOSEPH MI 49085 381889005 501C3 222266 FMV EDUCATION PART I, LINE 2 - PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS ONCE THE TWIN-CITY AREA CATHOLIC SCHOOL FUND HAS THE ANNUAL BUDGET COMPLETED AND APPROVED, THE TREASURER COMPLETES THE GRANT FORMULA BASED ON THE STRICT PROVISIONS OF ALL FUNDS (RESTRICTED, UNRESTRICTED, ENDOWMENT, ETC.) FOR CALCULATING THE PROPOSED GRANT TO THE SCHOOL. THE BOARD REVIEWS THE GRANT FORMULA IN LATE JANUARY-EARLY FEBRUARY AND DISCUSSES AND APPROVES THE GRANT AT THE BOARD MEETING IN FEBRUARY. THEY COMPLETE THE GRANT FORMULA AND APPROVE IT AT THIS TIME OF YEAR SO THEY CAN COMMUNICATE THE GRANT AMOUNT TO THE SCHOOL BY EARLY MARCH IN TIME FOR LAKE MICHIGAN CATHOLIC SCHOOLS TO COMPLETE THEIR BUDGET FOR THE UP-COMING SCHOOL YEAR. FORM 990, PART VI, SECTION B, LINE 11 THE ASSOCIATION'S 990 IS PREPARED BY THEIR INDEPENDENT ACCOUNTANTS. BOTH A DRAFT AND/OR "PDF" VERSION OF THE RETURN IS PROVIDED TO THE ASSOCIATION'S PRESIDENT AND FINANCE COMMITTEE FOR REVIEW. THIS COMMITTEE ACTS ON BEHALF OF THE GOVERNING BOARD AND GIVES FINAL APPROVAL FOR THE FILING OF THE 990 BY EITHER MAIL OR ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE PRESIDENT PROVIDES ALL GOVERNING BOARD MEMBERS COPIES OF THE ORGANIZATION'S CODE OF CONDUCT, WHICH INCLUDES THE CONFLICT OF INTEREST POLICY AND IS REQUIRED TO BE SIGNED BY ALL. PRESIDENT REVIEWS AND NOTES ANY POTENTIAL CONFLICTS WITH THE FINANCE COMMITTEE WATCH MAY NEED FURTHER FOLLOW-UP. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAINTAINS COPIES OF ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AT ITS OFFICES. THE ORGANIZATION MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN BENEFICIAL INTEREST -4,842.