2025-02-05T22:40:58-05:00 2024-06-30 411737358 BURKHARDT & BURKHARDT LTD 430 S BROAD ST STE 100 MANKATO MN 56001 990 2023-07-01 510144999 SCHOLA FOUNDATION SCHO 5073880617 145 GOOD COUNSEL DRIVE MANKATO MN 56001 DOUG HELGET PRESIDENT 5073880617 2025-02-03 true true JEFFREY BURKHARDT P00037277 5073871338 2025-02-03 2023 2025-03-06 01:10:19Z DOUG HELGET 145 GOOD COUNSEL DRIVE MANKATO MN 56001 3211327 false X WWW.SCHOLAFOUNDATION.ORG X 1975 MN SEE PAGE 2, PART III, LINE 1. 13 13 0 -5601 747810 1103098 0 167389 494818 2073 18286 917272 1616202 1066556 394286 0 0 0 496 208010 39463 1274566 433749 -357294 1182453 11887333 11493302 3807023 1123912 8080310 10369390 TO PROVIDE FINANCIAL ASSISTANCE TO MANKATO AREA CATHOLIC SCHOOLS false false 427495 394286 MANKATO AREA CATHOLIC SCHOOLS - EDUCATIONAL SUPPORT IN THE FORM OF FINANCIAL ASSISTANCE CURRENTLY TO LOYOLA CATHOLIC SCHOOL PRE K THROUGH 12TH GRADE. PROVIDE FINANCIAL ASSISTANCE TO A LOCAL NONPROFIT. PARK DEDICATION FEE TO THE CITY OF MANKATO. 427495 true true false false false false false false false true true false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false true false false false false true 0 0 0 true true false false false false false false false X 13 13 false false false false false false false true true false false false true true false false false false false false MN X SHARESE NELSON 5073882997 145 GOOD COUNSEL DRIVE MANKATO MN 56001 X DOUG HELGET PRESIDENT 1.00 X 0 0 0 COLBY STALOCH VICE PRESIDE 1.00 X 0 0 0 ADRIENNE FAHRFORTH SECRETARY 1.00 X 0 0 0 JON MOCOL TREASURER 1.00 X 0 0 0 GREGG ANDERSON BOARD MEMBER 1.00 X 0 0 0 REGGIE REID BOARD MEMBER 1.00 X 0 0 0 JO BAILY BOARD MEMBER 1.00 X 0 0 0 CAROL BRADY BOARD MEMBER 1.00 X 0 0 0 TONY ROTCHADL BOARD MEMBER 1.00 X 0 0 0 PAUL GASPAR BOARD MEMBER 1.00 X 0 0 0 NATHAN GRUENZNER BOARD MEMBER 1.00 X 0 0 0 LANCE JEPPSON BOARD MEMBER 1.00 X 0 0 0 RICK HAEFNER BOARD MEMBER 1.00 X 0 0 0 false false false 1103098 1103098 301354 301354 56875 38589 18286 18286 -5601 23887 1750000 1556536 193464 193464 193464 1616202 193464 -5601 325241 394286 394286 20085 16068 4017 496 496 886 709 177 16432 16432 1196 1196 MISCELLANEOUS 368 368 433749 427495 5758 496 2852074 2516852 868853 2750362 2750362 2750362 4734897 5357235 1550000 11887333 11493302 2057023 1123912 1750000 3807023 1123912 X 980136 3570218 7100174 6799172 8080310 10369390 11887333 11493302 X 1182453 399283 -42656 750000 X false true X true false X X X 1 MANKATO AREA CATHOLIC SCHOOLS 410914356 2 true 394286 0 1 394286 0 true false false false false false false false false false false false false false false true true false X true false PART IV, SECTION E, LINE 2A THE ORGANIZATION'S FINANCIAL SUPPORT ENABLED THE GRANTEE TO PROVIDE SCHOLARSHIPS WHICH FURTHERED THEIR EXEMPT PURPOSE OF EDUCATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4734897 15000 607338 5357235 4525733 1092538 -103836 776538 4737897 4829113 847561 -520941 630000 4525733 4197229 173925 1087959 630000 4829113 4037196 242969 125736 152100 39468 17104 4197229 1.00000 false false 2750362 2750362 2750362 2060610 399283 45125 444408 1616202 1616202 521530 42656 45125 87781 433749 433749 SCHEDULE D, PAGE 2, PART V, LINE 4 THE ENDOWMENTS FUNDS AND EARNINGS ARE USED TO PROVIDE FINANCIAL ASSISTANCE TO THE MANKATO AREA CATHOLIC SCHOOLS. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENTAL EXPENSES NETTED AGAINST INCOME FOR TAX PURPOSES 38,589 SELLING COSTS NETTED ON SCHEDULE D FOR TAX PURPOSE 6,536 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENTAL EXPENSES NETTED AGAINST INCOME FOR TAX PURPOSES 38,589 SELLING COSTS NETTED ON SCHEDULE D FOR TAX PURPOSE 6,536 SCHEDULE D, PAGE 4, PART XIII SCHOLA FOUNDATION (SF) IS ORGANIZED AS A MINNESOTA NONPROFIT CORPORATION AND IS RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, SF HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE AND QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(I)(A)(VI). SF IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, SF IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES UNRELATED TO ITS EXEMPT PURPOSES. MANAGEMENT HAS DETERMINED THAT SF IS SUBJECTED TO UNRELATED BUSINESS INCOME TAX AND HAS FILED AN EXEMPT ORGANIZATION BUSINESS INCOME RETURN (FORM 990-T) WITH THE IRS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST EXPENSE AND PENALTIES RELATED TO INCOME TAX MATTERS WITHIN ITS PROVISION FOR INCOME TAXES. MANAGEMENT OF THE ORGANIZATION BELIEVES THERE IS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. true LOYOLA CATHOLIC SCHOOLS 145 GOOD COUNSEL DRIVE MANKATO MN 56001 410914356 3 394286 FINANCIAL ASSISTANCE 1 SCHEDULE I, PAGE 1, PART I, LINE 2 THE ORGANIZATION RECEIVES CONFIRMATION FROM GRANTEES THAT THE GRANTS WERE USED FOR THE DEFINED PURPOSE. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD REVIEWS AND DISCUSS THE 990 AT ITS FIRST MEETING AFTER THE RETURN IS FILED WITH THE SERVICE CENTER. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST; HOWEVER, NO REQUEST WAS MADE IN THE CURRENT YEAR. FORM 990, PART XI, LINE 9 RENTAL EXPENSES NETTED AGAINST INCOME FOR TAX PURPOSES 38,589 SELLING COSTS NETTED ON SCHEDULE D FOR TAX PURPOSE 6,536 RENTAL EXPENSES NETTED AGAINST INCOME FOR TAX PURPOSES -38,589 SELLING COSTS NETTED ON SCHEDULE D FOR TAX PURPOSE -6,536 CRUSADER HOLDINGS 145 GOOD COUNSEL DRIVE MANKATO MN 56001 LAND HOLDI MN 327230 4249680 SCHOLA FND