Sacred Heart Catholic School Endowment Fund is located in Morrilton, AR. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacred Heart Catholic School Endowment Fund 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, Sacred Heart Catholic School Endowment Fund generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $77.1k during the year ending 12/2021. While expenses have increased by 6.8% 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
THE SACRED HEART SCHOOL ENDOWMENT FUND WAS ESTABLISHED TO HELP FUND THE EDUCATIONAL PROGRAMS OF SACRED HEART CATHOLIC SCHOOL IN MORRILTON, ARKANSAS, ENROLLMENT 225-275 ANNUALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT FOR SACARED HEART SCHOOL
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Maus Trustee | Trustee | 5 | $0 |
Edward Ruff Trustee | Trustee | 5 | $0 |
Brandon Zinser Trustee | Trustee | 5 | $0 |
Susan Gunderman Trustee | Trustee | 5 | $0 |
Trish Henry Trustee | Trustee | 5 | $0 |
Name Not Listed School Principal | 5 | $0 |
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 | $1,435,672 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,435,672 |
Total Program Service Revenue | $0 |
Investment income | $30,435 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $7,836 |
Net Income from Fundraising Events | $363 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,474,306 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $56,401 |
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 | $20,539 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $120 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $77,060 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,719 |
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 | $0 |
Investments—other securities | $3,320,487 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,335,206 |
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 | $3,335,206 |
Net assets with donor restrictions | $0 |
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 | $3,335,206 |
Over the last fiscal year, we have identified 1 grants that Sacred Heart Catholic School Endowment Fund has recieved totaling $363.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $363 |
Beg. Balance | $1,643,016 |
Earnings | $333,576 |
Admin Expense | $20,659 |
Net Contributions | $1,435,672 |
Other Expense | $56,401 |
Ending Balance | $3,335,206 |
Organization Name | Assets | Revenue |
---|---|---|
Southern Oklahoma Memorial Foundation Inc Ardmore, OK | $106,106,910 | $11,493,167 |
El Paso Center For Children Inc El Paso, TX | $2,932,170 | $7,098,518 |
Ssm Health Foundation St Louis St Louis, MO | $35,477,442 | $11,468,412 |
Adult & Teen Challenge Of Texas San Antonio, TX | $11,283,106 | $8,543,774 |
Project Vida El Paso, TX | $4,738,725 | $6,974,845 |
Intend Ministries Murfreesboro, TN | $2,990,387 | $7,592,867 |
Churches Of Christ Disaster Relief Effort Inc Nashville, TN | $53,629,657 | $14,143,099 |
Missouri Baptist Childrens Home Bridgeton, MO | $28,799,310 | $5,163,780 |
If Gathering Dallas, TX | $3,452,499 | $4,210,258 |
Ecumenical Center For Religion And Health San Antonio, TX | $7,342,387 | $4,148,621 |
First Fruits Of Zion Inc Marshfield, MO | $3,178,185 | $3,987,958 |
To Every Tribe Los Fresnos, TX | $3,193,524 | $2,946,318 |