Norfolk Catholic School Foundation
- Assets
- $5.5m
- Revenue
- $677.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, NE
- Founding
- 04/1972
- Data as of
- 12/2021
- EIN
- 23-7140264
Organization Overview
Norfolk Catholic School Foundation is located in Norfolk, NE. The organization was established in 1972. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norfolk Catholic School Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Norfolk Catholic School Foundation generated $677.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $131.7k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROGRAM SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORFOLK CATHOLIC SCHOOL PROGRAMS AND STUDENTS (APPROX. 1,800)
NORFOLK CATHOLIC SCHOOL PROGRAMS AND STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Don Smejkal Vice President | OfficerTrustee | 0 | $0 |
Dee Nedrow President | OfficerTrustee | 0 | $0 |
William L Gaines Jr Treasurer | OfficerTrustee | 0 | $0 |
Mark Weidner Secretary | OfficerTrustee | 0 | $0 |
Sue Fuchtman Director | Trustee | 0 | $0 |
Dr Dale Stephenson Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $317,887 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $317,887 |
| Total Program Service Revenue | $0 |
| Investment income | $148,409 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $210,992 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $677,288 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $115,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,394 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $188 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $744 |
| All other expenses | $2,830 |
| Total functional expenses | $131,656 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,857 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,459,063 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,464,920 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $5,464,920 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,464,920 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Norfolk Catholic School Foundation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Assurant Foundation New York, NY PURPOSE: FINANCIAL ASSISTANCE | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert B Daugherty Foundation Omaha, NE | $895,599,209 | $80,372,150 |
Voluntary Interdistrict Choice Corporation Saint Louis, MO | $12,736,595 | $40,180,054 |
Foundation For Educational Services Inc Lincoln, NE | $9,496,243 | $19,971,650 |
Plumbers & Steamfitters H & W Trust Iowa State Bank Ttee Des Moines, IA | $75,894,378 | $21,812,028 |
Envision Xpress Inc Wichita, KS | $21,582,294 | $13,602,741 |
Kansas State Newman Foundation Manhattan, KS | $3,619,556 | $4,925,097 |
P E O Foundation Des Moines, IA | $140,487,423 | $16,863,604 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |
Northwest Foundation Inc Maryville, MO | $55,922,802 | $14,720,589 |
Rockley Family Foundation Inc Golden, CO | $1,094,070 | $6,767,758 |
Castle Rock Lifelong Learning Center Castle Rock, CO | $14,698,293 | $9,801,652 |
Steamboat Springs Education Fund Steamboat Springs, CO | $4,415,852 | $5,543,622 |