TWIN CITY AREA CATHOLIC SCHOOL FUND INC: Form 990, tax year 2011
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- Organization
- TWIN CITY AREA CATHOLIC SCHOOL FUND INC (EIN 23-7129409)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2012-11-13
- IRS object ID
- 201233189349304553
- Schema version
- 2011v1.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T16:24:47-06:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383541290 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHAFFER & LAYHER PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 805 VAN BRUNT | AddressLine1 |
| City | ST JOSEPH | City |
| State | MI | State |
| ZIP Code | 49085 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237129409 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TWIN-CITY AREA CATHOLIC SCHOOL FUND INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TWIN | NameControl |
| Phone | 2698613108 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 SHIP STREET NO 209 | AddressLine1 |
| City | ST JOSEPH | City |
| State | MI | State |
| ZIP Code | 49085 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PAUL LANDECK | Name |
| Title | PRESIDENT | Title |
| Phone | 2698613108 | Phone |
| Date Signed | 2012-11-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DAVID SCHAFFER CPA | Name |
| PTIN | P00736158 | PTIN |
| Phone | 2699830131 | Phone |
| Date Prepared | 2012-11-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | PAUL LANDECK | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 SHIP ST | AddressLine1 |
| City | ST JOSEPH | City |
| State | MI | State |
| ZIP Code | 49085 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1600668 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1972 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | SUPPORT OF AREA CATHOLIC SCHOOLS AND STUDENTS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 42 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 8388 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 38982 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 290224 | InvestmentIncomePriorYear |
| Investment Income Current Year | 119192 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 298612 | TotalRevenuePriorYear |
| Total Revenue Current Year | 158174 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 130380 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 233218 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 41838 | OtherExpensePriorYear |
| Other Expenses Current Year | 40081 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 172218 | TotalExpensesPriorYear |
| Total Expenses Current Year | 273299 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 126394 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -115125 | RevenuesLessExpensesCY |
| Total Assets BOY | 3976056 | TotalAssetsBOY |
| Total Assets EOY | 3740763 | TotalAssetsEOY |
| Total Liabilities BOY | 30135 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3945921 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 3740763 | NetAssetsOrFundBalancesEOY |
| Mission Description | SUPPORT OF AREA CATHOLIC SCHOOLS AND STUDENTS | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 235904 | Expense |
| Revenue | 0 | Revenue |
| Description | LAKE MICHIGAN CATHOLIC SCHOOLS - A LOCAL CATHOLIC SYSTEM | Description |
| Total Program Service Expense | 235904 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Form8899 Filed | 0 | Form8899Filed |
| Form1098 C Filed | 0 | Form1098CFiled |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 0 | ConflictOfInterestPolicy |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FUND OFFICE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2698613108 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 515 SHIP STREET SUITE 209 | AddressLine1 |
| City | ST JOSEPH | City |
| State | MI | State |
| ZIP Code | 49085 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ELAINE THEISEN | ||||||
| SECRETARY/TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| KURT MARZKE | ||||||
| DIRECTOR | 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 | ||||||
| 1ST VICE PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| PAUL LANDECK | ||||||
| PRESIDENT | 2.00 | X | X | 0 | 0 | 0 |
| ANTHONY MONTE | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JOHN PROOS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JACK KINNEY | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| ANDREW TAKACS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 38982 | AllOtherContributions |
| Total Contributions | 38982 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 79038 | TotalRevenueColumn |
| Exclusion | $79,038 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1482648 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1442494 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 40154 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 40154 | TotalRevenueColumn |
| Exclusion | $40,154 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 158174 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $119,192 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 233218 | Total |
| Program Services | 233218 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10090 | Total |
| Management And General | 10090 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 901 | Total |
| Program Services | 901 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| INVESTMENT FEES | 26339 | 26339 | |
| INSURANCE | 1484 | 223 | 1261 |
| PRINTING AND POSTAGE | 650 | 650 | |
| TELEPHONE | 617 | 93 | 524 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 273299 | Total |
| Program Services | 235904 | ProgramServices |
| Management And General | 37395 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22649 | BOY |
| EOY | 54301 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77795 | BOY |
| EOY | 47422 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 112650 | BOY |
| EOY | 18150 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 11042 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 11042 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3647082 | BOY |
| EOY | 3506225 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 115880 | BOY |
| EOY | 114665 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3976056 | BOY |
| EOY | 3740763 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30135 | BOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30135 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1844248 | BOY |
| EOY | 1698863 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 539589 | BOY |
| EOY | 478069 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1562084 | BOY |
| EOY | 1563831 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3945921 | BOY |
| EOY | 3740763 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3976056 | BOY |
| EOY | 3740763 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -115125 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -90033 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 266083 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 116777 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 36132 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8388 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38982 | CurrentTaxYear |
| Total | 466362 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 266083 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 116777 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 36132 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8388 | CurrentTaxYearMinus1Year |
| Current Tax Year | 38982 | CurrentTaxYear |
| Total | 466362 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 126884 | AmountsSubstContributorsTotal |
| Public Support Total170 | 339478 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 111213 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 85131 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 65170 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 73421 | CurrentTaxYearMinus1Year |
| Current Tax Year | 79037 | CurrentTaxYear |
| Total | 413972 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 880334 | TotalSupport |
| Public Support Pertcentage170 | 0.38560 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.79310 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3075549 | BeginningOfYearBalance |
| Contributions | 10430 | Contributions |
| Investment Earnings Or Losses | -4313 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -46174 | GrantsOrScholarships |
| End Of Year Balance | 3035492 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2856146 | BeginningOfYearBalance |
| Contributions | -45097 | Contributions |
| Investment Earnings Or Losses | 264500 | InvestmentEarningsOrLosses |
| End Of Year Balance | 3075549 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 2915971 | BeginningOfYearBalance |
| Contributions | 14919 | Contributions |
| Investment Earnings Or Losses | -74744 | InvestmentEarningsOrLosses |
| End Of Year Balance | 2856146 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3072851 | BeginningOfYearBalance |
| Contributions | 80156 | Contributions |
| Investment Earnings Or Losses | -217033 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 19476 | GrantsOrScholarships |
| Administrative Expenses | 527 | AdministrativeExpenses |
| End Of Year Balance | 2915971 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11042 | OtherCostOrOtherBasis |
| Depreciation | 11042 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
| Total Revenue | 158174 | TotalRevenue |
| Total Expenses | 273299 | TotalExpenses |
| Excess Or Deficit For Year | -115125 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -88818 | NetUnrealizedGLOnInvestments |
| Other | -$1,215 | OtherAmount |
| Total Adjustments | -90033 | TotalAdjustments |
| Excess Or Deficit Per FS | -205158 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 44922 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -88818 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 3120 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | -1215 | OtherRevenues |
| Revenue Not Rptd F990 | -86913 | RevenueNotRptdF990 |
| Revenue Subtotal | 131835 | RevenueSubtotal |
| Investment Expenses Not Included | 26339 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 26339 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 158174 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 250080 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 3120 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 3120 | ExpensesNotRptdF990 |
| Expenses Subtotal | 246960 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 26339 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 26339 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 273299 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENTS ARE USED TO SUPPORT SCHOLARSHIP PROGRAMS AND OPERATING EXPENSES FOR THE LAKE MICHIGAN CATHOLIC SCHOOLS IN SOUTHWESTERN MICHIGAN. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS UNDER FIN 48. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN BENEFICIAL INTEREST - FASB 136 -1,215. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN BENEFICIAL INTEREST - FASB 136 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE MICHIGAN CATHOLIC SCHOOLS | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 915 PLEASANT STREET | AddressLine1 |
| City | ST JOSEPH | City |
| State | MI | State |
| ZIP Code | 49085 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 381889005 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 220468 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
| Purpose Of Grant | EDUCATION | PurposeOfGrant |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: 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. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 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 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -88,818. CHANGE IN BENEFICIAL INTEREST - FASB 136 -1,215. TOTAL TO FORM 990, PART XI, LINE 5: -90,033. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990; PART XI; LINE 2C | THE ORGANIZATION'S EXECUTIVE COMMITTEE OF THE GOVERNING BOARD IS RESPONSIBLE FOR THE HIRING OF THE INDEPENDENT AUDITORS AND REVIEW AND FINAL APPROVAL OF ITS ANNUAL FINANCIAL STATEMENTS. |