Shellbourne Inc
- Assets
- $7.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 41
- Location
- Valparaiso, IN
- Founding
- 12/1972
- Data as of
- 12/2021
- EIN
- 35-1266330
Organization Overview
Shellbourne Inc is located in Valparaiso, IN. The organization was established in 1972. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Shellbourne Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shellbourne Inc 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, Shellbourne Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2021. 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
TO FOSTER RELIGIOUS AND CULTURAL FORMATION OF MEN AND WOMEN, TO TEACH THE APPLICATION OF CHRISTIAN PRINCIPLES TO EVERYDAY LIFE, AND TO PROMOTE CHRISTIAN MORALS AND BENEVOLENCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPIRITUAL RETREATS, SPIRITUAL DIRECTION, ROMAN CATHOLIC DOCTRINE COURSES, PASTORAL WORKSHOPS, PHILOSOPHY COURSES, THEOLOGY COURSES, YOUTH PROGRAMS, DISTRIBUTION OF RELIGIOUS LITERATURE, HOLY MASS AND OTHER ROMAN CATHOLIC WORSHIP
GRANT TO ROSEMOOR FOUNDATION (A 501(C)(3) CORPORATION) IN SUPPORT OF THE APOSTOLATES OF THE ROMAN CATHOLIC PRELATURE OPUS DEI
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shareen Rador Vice President/executive Director | OfficerTrustee | 40 | $9,750 |
Gregory G Giebler Director | OfficerTrustee | 2 | $0 |
Laura Roman Treasurer | OfficerTrustee | 2 | $0 |
Charles Cushnie President | OfficerTrustee | 2 | $0 |
Tom Appel Secretary | OfficerTrustee | 0.25 | $0 |
Audrey Ketola Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $148,548 |
| All other contributions, gifts, grants, and similar amounts not included above | $290,091 |
| Noncash contributions included in lines 1a–1f | $26,985 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $438,639 |
| Total Program Service Revenue | $1,108,241 |
| Investment income | $96 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,246 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $8,553 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,573,745 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,975 |
| 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. | $22,800 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $457,807 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $66,900 |
| Payroll taxes | $66,220 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,907 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,510 |
| Advertising and promotion | $0 |
| Office expenses | $9,493 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $310,085 |
| Travel | $18,571 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $259,143 |
| Insurance | $74,480 |
| All other expenses | $20,426 |
| Total functional expenses | $1,602,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,380 |
| Savings and temporary cash investments | $231,708 |
| 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 | $7,320,422 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,796,510 |
| 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 | $7,723,263 |
| Net assets with donor restrictions | $73,247 |
| 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 | $7,796,510 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Shellbourne Inc has recieved totaling $53,388.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $28,100 |
Anna May Babe Ahern Foundation Palos Heights, IL PURPOSE: CONTRIBUTION | $25,000 |
Baird Foundation Inc Milwaukee, WI PURPOSE: EDUCATION | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Holy Cross Village At Notre Dame Inc Notre Dame, IN | $38,111,514 | $15,375,443 |
Fidelis Madison, WI | $2,636,949 | $4,754,241 |
Society Of St Vincent De Paul Archdiocesan Council Of Indianapolis, IN | $9,105,471 | $5,968,988 |
Shrine Of Our Lady Of Guadalupe Of The Diocese Of La Crosse Inc La Crosse, WI | $53,966,591 | $4,547,463 |
The Evangelical Catholic Inc Madison, WI | $1,045,637 | $2,564,857 |
Sacred Heart At Monastery Lake Inc Franklin, WI | $12,481,304 | $2,150,033 |
Marian Wayside Shrine Foundation Inc Saint John, IN | $16,789,912 | $5,177,827 |
Cristo Rey Jesuit Corporate Work Study Program Inc Milwaukee, WI | $540,902 | $2,112,972 |
United States Catholic Conference Barrington, IL | $18,377,452 | $2,584,855 |
Margarets Village Chicago, IL | $1,100,543 | $2,234,749 |
Society Of St Vincent De Paul Racine County Council Inc Racine, WI | $1,705,699 | $2,276,481 |
Catholic Urban Programs Nfp East St Louis, IL | $3,029,817 | $1,873,870 |