St Joseph School Endowment & Charitable Trust
- Assets
- $10.0m
- Revenue
- $948.0k
- Investments
- $8.4m
- Employees
- 2
- Location
- Conway, AR
- Founding
- 03/2000
- Data as of
- 06/2022
- EIN
- 71-6138483
Organization Overview
St Joseph School Endowment & Charitable Trust is located in Conway, AR. The organization was established in 2000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, St Joseph School Endowment & Charitable Trust employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Joseph School Endowment & Charitable Trust 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 06/2022, St Joseph School Endowment & Charitable Trust generated $948.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $606.9k during the year ending 06/2022. While expenses have increased by 0.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO COLLECT DONATIONS AND CARRY OUT INVESTING. DISTRIBUTIONS ARE MADE TO ST. JOSEPH SCHOOL FOR USE IN ITS OPERATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENDOWMENT BOARD OF DIRECTORS COLLECT DONATIONS AND CARRY OUT INVESTING. DISTRIBUTIONS ARE MADE TO ST. JOSEPH SCHOOL FOR USE IN ITS OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Hiegel Chairman | OfficerTrustee | 5 | $0 |
Alan White Treasurer | OfficerTrustee | 5 | $0 |
Beth Coney Vice-Chair | OfficerTrustee | 5 | $0 |
Mark Bausom Director | Trustee | 2 | $0 |
Lenisa O'dwyer Director | Trustee | 2 | $0 |
Bobbie Anne Merkel Director | Trustee | 2 | $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 | $243,237 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $243,237 |
| Total Program Service Revenue | $0 |
| Investment income | $191,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $213,650 |
| Net Gain/Loss on Asset Sales | $300,494 |
| Net Income from Fundraising Events | -$817 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $947,986 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $360,482 |
| 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 | $94,743 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $434 |
| Payroll taxes | $7,308 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $92,761 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,099 |
| Office expenses | $1,967 |
| Information technology | $9,644 |
| Royalties | $0 |
| Occupancy | $8,073 |
| Travel | $143 |
| 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 | $7,096 |
| All other expenses | $1,472 |
| Total functional expenses | $606,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $31,464 |
| 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 | $1,580,100 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $8,414,275 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,025,840 |
| Accounts payable and accrued expenses | $2,278 |
| 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 | $2,278 |
| Net assets without donor restrictions | -$352,406 |
| Net assets with donor restrictions | $10,375,968 |
| 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 | $10,025,840 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Joseph School Endowment & Charitable Trust has recieved totaling $771.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $771 |
Endowment Analysis
| Beg. Balance | $10,136,443 |
| Net Contributions | $239,525 |
| Ending Balance | $10,375,968 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
University Of Mississippi Foundation Oxford, MS | $716,526,476 | $64,727,887 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Tiger Athletic Foundation Baton Rouge, LA | $492,455,521 | $67,955,012 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Ole Miss Athletics Foundation Oxford, MS | $97,065,287 | $57,643,164 |
University Of Memphis Foundation Memphis, TN | $175,396,802 | $38,710,840 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |