Sacred Heart Catholic School Tr
- Assets
- $982.2k
- Revenue
- $62.7k
- Investments
- $851.0k
- Employees
- 0
- Location
- Fowler, IN
- Founding
- 01/1988
- Data as of
- 12/2021
- EIN
- 35-6443453
Organization Overview
Sacred Heart Catholic School Tr is located in Fowler, IN. The organization was established in 1988. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines 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 Tr 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 Tr generated $62.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $23.4k 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
INCOME FROM THE TRUST IS USED TO HELP THE SACRED HEART CATHOLIC SCHOOL WITH EXPENSES TO KEEP THE SCHOOL OPEN
Describe the Organization's Program Activity:
Part 3 - Line 4a
NET INCOME IS DISTRIBUTED TO THE SACRED HEART CATHOLIC SCHOOL FOR OPERATING EXPENSES IN AUGUST OF EACH YEAR.
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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 | $1,840 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,840 |
| Total Program Service Revenue | $0 |
| Investment income | $25,325 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35,579 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,744 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,385 |
| 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 | $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 | $0 |
| 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 | $23,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2 |
| Savings and temporary cash investments | $131,198 |
| 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 | $850,988 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $982,188 |
| 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 | $0 |
| Capital stock or trust principal, or current funds | $921,776 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $60,412 |
| Total liabilities and net assets/fund balances | $982,188 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sacred Heart Catholic School Tr has recieved totaling $6,834.
| Awarding Organization | Amount |
|---|---|
Benton Community Foundation Inc Fowler, IN PURPOSE: FAMILY ENDOWMENT | $6,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Precious Blood Ministry Of Reconciliation Nfp Chicago, IL | $2,653,871 | $3,315,308 |
American Association Of Cardiovascular & Pulmonary Rehab Chicago, IL | $2,723,181 | $2,408,616 |
Society For Vascular Surgery Foundation Rosemont, IL | $7,866,666 | $1,036,483 |
Associated Builders & Contractors Kansas City, MO | $1,471,289 | $917,710 |
Cardiovascular Outcomes Inc Weston, MO | $3,996,144 | $97,309 |
Mighty Oakes Heart Foundation Saint Louis, MO | $962,705 | $390,322 |
Sacred Heart Foundation Incorporated Sedalia, MO | $3,332,035 | $553,579 |
Society For Vascular Medicine East Dundee, IL | $1,247,958 | $736,661 |
Hearts & Hands Of Indiana Corporation Indianapolis, IN | $0 | $200,119 |
Vascular Access Society Of The Americas Inc Frankfort, KY | $250,997 | $370,099 |
Heart Of Wisconsin Chamber Of Commerce Inc Wisconsin Rapids, WI | $599,672 | $371,267 |
North American Society For Cardiac Imaging East Dundee, IL | $254,571 | $372,304 |