Civic Intelligence

Scf Charitable Properties Inc.

990 • Fiscal year 2014 • EIN 02-0721727

Nov 01, 2013 to Oct 31, 2014 • Filed on Sep 14, 2015

106 E 10th Street No 200Dallas, TX 75203

(214) 944-5710

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.02x

Higher debt load relative to assets than 13% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

20th percentile

0.09x

Higher debt load relative to revenue than 20% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

93rd percentile

56%

Higher net margin than 93% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

41st percentile

$210,888

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 4.6% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

96th percentile

59%

Faster asset growth than 96% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

93rd percentile

74%

Faster revenue growth than 93% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Assets

Up

$27,579,345

Up $10,197,823 (+59%) from 2013

Net Assets

Up

$27,150,622

Up $10,009,961 (+58%) from 2013

Liabilities

Up

$428,723

Up $187,862 (+78%) from 2013

Revenue

Up

$4,535,295

Up $1,925,429 (+74%) from 2013

Expenses

Up

$1,996,863

Up $682,699 (+52%) from 2013

Net Income

Up

$2,538,432

Up $1,242,730 (+96%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $3,893,427Liabilities 2011: $222,879Net Assets 2011: $3,670,5482011Assets 2012: $10,969,859Liabilities 2012: $196,219Net Assets 2012: $10,773,6402012Assets 2013: $17,381,522Liabilities 2013: $240,861Net Assets 2013: $17,140,6612013Assets 2014: $27,579,345Liabilities 2014: $428,723Net Assets 2014: $27,150,6222014Assets 2015: $24,892,106Liabilities 2015: $145,111Net Assets 2015: $24,746,9952015Assets 2016: $17,751,783Liabilities 2016: $71,803Net Assets 2016: $17,679,9802016Assets 2017: $14,902,981Liabilities 2017: $108,432Net Assets 2017: $14,794,5492017Assets 2018: $14,093,432Liabilities 2018: $14,639Net Assets 2018: $14,078,7932018Assets 2019: $3,706,260Liabilities 2019: $0Net Assets 2019: $3,706,2602019Assets 2020: $2,060,663Liabilities 2020: $0Net Assets 2020: $2,060,6632020Assets 2021: $10,243,345Liabilities 2021: $4,300,593Net Assets 2021: $5,942,7522021Assets 2022: $12,368,903Liabilities 2022: $4,308,159Net Assets 2022: $8,060,7442022Assets 2023: $11,625,864Liabilities 2023: $2,720Net Assets 2023: $11,623,1442023Assets 2024: $12,029,721Liabilities 2024: $386,727Net Assets 2024: $11,642,9942024

Highlighted filing

2014

Assets$27,579,345
Liabilities$428,723
Net Assets$27,150,622

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0M-$10MRevenue 2011: $1,233,428Expenses 2011: $567,533Net Income 2011: $665,8952011Expenses 2012: $609,0002012Revenue 2013: $2,609,866Expenses 2013: $1,314,164Net Income 2013: $1,295,7022013Revenue 2014: $4,535,295Expenses 2014: $1,996,863Net Income 2014: $2,538,4322014Revenue 2015: $3,416,743Expenses 2015: $1,748,146Net Income 2015: $1,668,5972015Revenue 2016: $2,002,312Expenses 2016: $2,432,692Net Income 2016: -$430,3802016Revenue 2017: $1,668,307Expenses 2017: $2,800,689Net Income 2017: -$1,132,3822017Revenue 2018: $1,432,591Expenses 2018: $2,419,258Net Income 2018: -$986,6672018Revenue 2019: $2,087,953Expenses 2019: $7,464,249Net Income 2019: -$5,376,2962019Revenue 2020: $8,427Expenses 2020: $1,654,024Net Income 2020: -$1,645,5972020Revenue 2021: $18,775Expenses 2021: $184,957Net Income 2021: -$166,1822021Revenue 2022: $34,375Expenses 2022: $286,685Net Income 2022: -$252,3102022Revenue 2023: $36,180Expenses 2023: $173,780Net Income 2023: -$137,6002023Revenue 2024: $147,066Expenses 2024: $127,216Net Income 2024: $19,8502024

Highlighted filing

2014

Revenue$4,535,295
Expenses$1,996,863
Net Income$2,538,432
Jump To
Filing Snapshot
Filing Period
Nov 1, 2013 to Oct 31, 2014
Signed
Sep 14, 2015
Return Version
2013v4.0
Gross Receipts
$4,535,295
Mission and Program Overview

Mission

Support the salesmanship club youth and family centers, inc. (dba momentous institute) and the salesmanship club of dallas

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$438,356$1,447,182▲ $1,008,826
Accounts Receivable-$12,020-
Total Assets$17,381,522$27,579,345▲ $10,197,823
Other Assets Total$16,943,166$26,120,143▲ $9,176,977
Liabilities
Accounts Payable and Accrued Expenses$240,861$428,723▲ $187,862
Total Liabilities$240,861$428,723▲ $187,862
Net Assets / Fund Balance
Unrestricted Net Assets$17,140,661$27,150,622▲ $10,009,961
Total Net Assets Fund Balance$17,140,661$27,150,622▲ $10,009,961
Total Liabilities and Net Assets / Fund Balance$17,381,522$27,579,345▲ $10,197,823

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$18,809,584--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Erik B DaugbjergPresident
William S BoydPresident Thru 10/03/13 Trustee Thru 12/04/14
Michael J LewisDirector
Robert B SmithDirector
Robert W LawDirector
Schulyer B MarshallDirector
Rowland K RobinsonDirector Thru 12/04/14
Teri IsaacsExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,535,295
Change in Net Assets
$2,538,432
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,996,863
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion-$850,549-$850,549
Fees for Services Management-$196,656-$196,656
Insurance-$48,050-$48,050
Interest-$12,521-$12,521
Fees for Services Legal-$5,415-$5,415
Other Expenses-$3,586-$3,586
Total Functional Expenses$0$1,996,863$0$1,996,863
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Copies of completed irs form 990 will be distributed to the governing body prior to filing for comments and questions. Any clarifications or changes required to the final form will be made and returned to the governing body prior to filing the irs form 990.

Form 990, Part VI, Section B, Line 12C

All board members are required to complete a conflict of interest questionnaire on an annual basis. All potential conflicts are reviewed by the board of directors prior to entereing into any contract. Any contract in excess of $50,000 must be put out to bid to ensure competitive bidding.

Form 990, Part VI, Section C, Line 19

Requests for copies of governing documents, conflict of interest policy, financial statements and irs form 990 are directed to the controller or cfo and fulfilled immediately.

Filing and Contact Details

Filer

EIN
02-0721727
Phone
2149445710

Signing Officer

Name
Erik B Daugbjerg
Title
President
Phone
2149445710
Signed
2015-09-14

Organization Details

Principal Officer
Erik B Daugbjerg
Formed
2004
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Scf charitable properties, inc. Will acquire, receive, hold, maintain and manage all real and personal property donated to it and will perform the same activities with respect to certain real and personal property originally donated to salesmanship club of dallas ('salesmanship club') and its charitable affiliates. In the absence of this support, it has been and would continue to be the responsibility of salesmanship club and its charitable affiliates to carry out these activities.

FORM 990, PART XI, LINE 9:

Charitable remainder trust 7,471,528.

Raw XML Appendix381 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR THRU 12/04/14
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT THRU 10/03/13 TRUSTEE THRU 12/04/14
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0210888
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0METHODS USED BY A RELATED ORGANIZATION TO ESTABLISH COMPENSATION- THE EXECUTIVE DIRECTOR IS AN EMPLOYEE OF A RELATED ENTITY. THEREFORE NO ANSWERS ARE SELECTED AT SCHEDULE J, PART I, LINE 3 -THE RELATED ORGANIZATION USES AN ANNUAL COMPENSATION SURVEY OF SIMILAR NON-PROFIT ORGANIZATIONS. THE SALARIES AND BENEFITS ARE COMPARED TO OTHER ORGANIZATIONS FOR REASONABLENESS. SUCH INFORMATION IS PRESENTED TO THE BOARD OF DIRECTORS. TOTAL SALARIES ARE REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCF CHARITABLE PROPERTIES, INC. WILL ACQUIRE, RECEIVE, HOLD, MAINTAIN AND MANAGE ALL REAL AND PERSONAL PROPERTY DONATED TO IT AND WILL PERFORM THE SAME ACTIVITIES WITH RESPECT TO CERTAIN REAL AND PERSONAL PROPERTY ORIGINALLY DONATED TO SALESMANSHIP CLUB OF DALLAS ('SALESMANSHIP CLUB') AND ITS CHARITABLE AFFILIATES. IN THE ABSENCE OF THIS SUPPORT, IT HAS BEEN AND WOULD CONTINUE TO BE THE RESPONSIBILITY OF SALESMANSHIP CLUB AND ITS CHARITABLE AFFILIATES TO CARRY OUT THESE ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPIES OF COMPLETED IRS FORM 990 WILL BE DISTRIBUTED TO THE GOVERNING BODY PRIOR TO FILING FOR COMMENTS AND QUESTIONS. ANY CLARIFICATIONS OR CHANGES REQUIRED TO THE FINAL FORM WILL BE MADE AND RETURNED TO THE GOVERNING BODY PRIOR TO FILING THE IRS FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ON AN ANNUAL BASIS. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO ENTEREING INTO ANY CONTRACT. ANY CONTRACT IN EXCESS OF $50,000 MUST BE PUT OUT TO BID TO ENSURE COMPETITIVE BIDDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REQUESTS FOR COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND IRS FORM 990 ARE DIRECTED TO THE CONTROLLER OR CFO AND FULFILLED IMMEDIATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHARITABLE REMAINDER TRUST 7,471,528.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10SALESMANSHIP CLUB OF DALLAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0750717135
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 9
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10106 E 10TH ST SUITE 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0DALLAS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode075203
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10SALESMANSHIP CLUB OF DALLAS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine11SALESMANSHIP CLUB OF DALLAS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt017381522
IRS990/TotalAssetsEOYAmt027579345
IRS990/TotalAssetsGrp/BOYAmt017381522
IRS990/TotalAssetsGrp/EOYAmt027579345
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01996863
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01996863
IRS990/TotalGrossUBIAmt04487424
IRS990/TotalLiabilitiesBOYAmt0240861
IRS990/TotalLiabilitiesEOYAmt0428723
IRS990/TotalLiabilitiesGrp/BOYAmt0240861
IRS990/TotalLiabilitiesGrp/EOYAmt0428723
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt017140661
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt027150622
IRS990/TotalOtherCompensationAmt018585
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt047871
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04535295
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt04487424
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt017381522
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt027579345
IRS990/TotReportableCompRltdOrgAmt0192303
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt017140661
IRS990/UnrestrictedNetAssetsGrp/EOYAmt027150622
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10106 E 10TH STREET
IRS990/USAddress/City0DALLAS
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode075203
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIK B DAUGBJERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02149445710
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10SCF CHARITABLE PROPERTIES INC
ReturnHeader/Filer/BusinessNameControlTxt0SCFC
ReturnHeader/Filer/EIN0020721727
ReturnHeader/Filer/PhoneNum02149445710
ReturnHeader/Filer/USAddress/AddressLine10106 E 10TH STREET NO 200
ReturnHeader/Filer/USAddress/City0DALLAS
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode075203
ReturnHeader/ReturnTs02015-09-15T11:28:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-11-01
ReturnHeader/TaxPeriodEndDt02014-10-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.39$11.6$0.15$0.13$0.02
2023Detailed filing. Detailed filing data is available for this year.$11.6$0.00$11.6$0.04$0.17$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$4.31$8.06$0.03$0.29$0.25
2021Detailed filing. Detailed filing data is available for this year.$10.2$4.30$5.94$0.02$0.18$0.17
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.06$0.00$2.06$0.01$1.65$1.65
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.71$0.00$3.71$2.09$7.46$5.38
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$0.01$14.1$1.43$2.42$0.99
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.9$0.11$14.8$1.67$2.80$1.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.8$0.07$17.7$2.00$2.43$0.43
2015Detailed filing. Detailed filing data is available for this year.$24.9$0.15$24.7$3.42$1.75$1.67
2014Detailed filing. Detailed filing data is available for this year.$27.6$0.43$27.2$4.54$2.00$2.54
2013Summary only. Only limited summary data is available for this year.$17.4$0.24$17.1$2.61$1.31$1.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$0.20$10.8$0.61
2011Summary only. Only limited summary data is available for this year.$3.89$0.22$3.67$1.23$0.57$0.67