Civic Intelligence

Cuero Isd Education Foundation

990 • Fiscal year 2014 • EIN 03-0426805

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 19, 2015

P O Box 987Cuero, TX 77954

(361) 275-1924

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

13th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

99th percentile

97%

Higher net margin than 99% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

79th percentile

$125,000

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

99th percentile

601%

Faster asset growth than 99% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

100th percentile

2104%

Faster revenue growth than 100% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$2,670,295

Up $2,289,495 (+601%) from 2013

Net Assets

$2,670,295

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$2,338,649

Up $2,232,558 (+2104%) from 2013

Expenses

Down

$74,154

Down $15,767 (-18%) from 2013

Net Income

Up

$2,264,495

Up $2,248,325 (+13904%) from 2013

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $287,394Liabilities 2011: $02011Assets 2012: $343,842Liabilities 2012: $02012Assets 2013: $380,800Liabilities 2013: $02013Assets 2014: $2,670,295Liabilities 2014: $0Net Assets 2014: $2,670,2952014Assets 2015: $3,417,116Liabilities 2015: $0Net Assets 2015: $3,417,1162015Assets 2016: $3,732,236Liabilities 2016: $86,211Net Assets 2016: $3,646,0252016Assets 2017: $3,978,214Liabilities 2017: $90,273Net Assets 2017: $3,887,9412017Assets 2018: $3,572,581Liabilities 2018: $45,000Net Assets 2018: $3,527,5812018Assets 2019: $4,342,729Liabilities 2019: $33,750Net Assets 2019: $4,308,9792019Assets 2020: $4,482,006Liabilities 2020: $37,000Net Assets 2020: $4,445,0062020Assets 2021: $5,004,644Liabilities 2021: $30,000Net Assets 2021: $4,974,6442021Assets 2022: $4,551,425Liabilities 2022: $25,891Net Assets 2022: $4,525,5342022Assets 2023: $5,041,303Liabilities 2023: $11,202Net Assets 2023: $5,030,1012023Assets 2024: $5,474,012Liabilities 2024: $34,462Net Assets 2024: $5,439,5502024

Highlighted filing

2014

Assets$2,670,295
Liabilities$0
Net Assets$2,670,295

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $134,667Expenses 2011: $70,812Net Income 2011: $63,8552011Revenue 2012: $108,615Expenses 2012: $61,788Net Income 2012: $46,8272012Revenue 2013: $106,091Expenses 2013: $89,921Net Income 2013: $16,1702013Revenue 2014: $2,338,649Expenses 2014: $74,154Net Income 2014: $2,264,4952014Revenue 2015: $2,845,633Expenses 2015: $2,000,492Net Income 2015: $845,1412015Revenue 2016: $344,375Expenses 2016: $313,012Net Income 2016: $31,3632016Revenue 2017: $212,088Expenses 2017: $258,186Net Income 2017: -$46,0982017Revenue 2018: $221,362Expenses 2018: $229,653Net Income 2018: -$8,2912018Revenue 2019: $809,088Expenses 2019: $147,978Net Income 2019: $661,1102019Revenue 2020: $138,198Expenses 2020: $130,799Net Income 2020: $7,3992020Revenue 2021: $269,077Expenses 2021: $174,276Net Income 2021: $94,8012021Revenue 2022: $576,750Expenses 2022: $270,390Net Income 2022: $306,3602022Revenue 2023: $416,304Expenses 2023: $250,081Net Income 2023: $166,2232023Revenue 2024: $583,187Expenses 2024: $343,345Net Income 2024: $239,8422024

Highlighted filing

2014

Revenue$2,338,649
Expenses$74,154
Net Income$2,264,495
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 19, 2015
Return Version
2014v5.0
Gross Receipts
$2,347,665
Mission and Program Overview

Mission

Raise funds to fund educational grants to Cuero ISD educators and scholarships to Cuero ISD graduates.

Raise funds to fund educational grants to Cuero ISD educators.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$1,927,789-
Investments in Publicly Traded Securities$295,964$646,079▲ $350,115
Cash and Non-Interest-Bearing Accounts$84,836$70,578▼ $14,258
Investments Other Securities-$25,000-
Total Assets$380,800$2,670,295▲ $2,289,495
Other Assets Total-$849-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$2,206,391-
Permanently Rstr Net Assets-$393,326-
Unrestricted Net Assets$380,800$70,578▼ $310,222
Total Net Assets Fund Balance$380,800$2,670,295▲ $2,289,495
Total Liabilities and Net Assets / Fund Balance$380,800$2,670,295▲ $2,289,495

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014-$393,326--$393,326
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jim HaleyDirector$125,000$125,000
Bill HamiltonDirector$61,500$61,500
Phil JacksonDirector$40,000$40,000
Tifani HilburnDirector$40,000$40,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,302,964
Program Service Revenue
$0
Investment Income
$12,689
Other Revenue
$22,996
All Other Contributions
$2,302,964
Change in Net Assets
$2,264,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$49,428
Other Expenses$20,826
Salaries, Compensation, and Employee Benefits$3,900
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$46,678--$46,678
Fees for Services Accounting$15,894$0$0$15,894
Office Expenses$2,977$0$0$2,977
Grants to Domestic Individuals$2,750--$2,750
Other Salaries and Wages$2,400$0$0$2,400
Insurance$1,703$0$0$1,703
Current Officers, Directors, Trustees, and Key Employees$1,500$0$0$1,500
Other Expenses$252$0$0$252
Total Functional Expenses$74,154$0$0$74,154
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cuero ISDCuero, TX-Education$46,678
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,012
Fundraising Direct Expenses$9,016
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual banquet$32,012$32,012-$32,012
Total Events$32,012$32,012$9,016$22,996
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
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
Filing and Contact Details

Filer

Filer Name
Cuero ISD Education Foundation
EIN
03-0426805
Phone
3612751924
Address
P O Box 987, Cuero, TX 77954

Signing Officer

Name
Raymond H Reese
Title
President
Phone
3612751924
Signed
2015-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Raymond H Reese
Formed
2002
Legal Domicile
TX
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
45

Preparer

Firm
Vernon R King Jr Pc
Address
PO BOX 21023, WACO, TX 76702-1023
Preparer
Vernon King
Phone
2547760515
Supplemental Narrative

Additional Explanations

Pt XI

Non cash contribution of partnership interest

Pt VI, Line 11B

Available to each member to review

Pt VI, Line 12C

Each board member voluntarily discloses conficts, board reviews all contracts for potential conflicts

Form 990EZ, Part I, Line 8

Refund of unused grant funds by cuero isd

Form 990EZ, Part I, Line 16

Bank charges operational expenses liability insurance for directors scholarships

Form 990EZ, Part II, Line 24

ENDOWMENT FUNDS

Financial Statement Notes

Pt V, Line 4

PROVIDE SCHOLARSHIPS

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IRS990/OfficeExpensesGrp/ProgramServicesAmt02977
IRS990/OfficeExpensesGrp/TotalAmt02977
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt0849
IRS990/OtherChangesInNetAssetsAmt025000
IRS990/OtherExpensesGrp/Desc0Bank Charges
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt0252
IRS990/OtherExpensesGrp/TotalAmt0252
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02400
IRS990/OtherSalariesAndWagesGrp/TotalAmt02400
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0393326
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0RAYMOND H REESE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt095531
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt077517
IRS990/PYInvestmentIncomeAmt0305
IRS990/PYOtherExpensesAmt012404
IRS990/PYOtherRevenueAmt010255
IRS990/PYRevenuesLessExpensesAmt016170
IRS990/PYTotalExpensesAmt089921
IRS990/PYTotalRevenueAmt0106091
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02264495
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02338649
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01927789
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0false
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0false
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0746000647
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc0school
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt046678
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Cuero ISD
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt046678
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0393326
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0393326
IRS990ScheduleD/DisclosedForCharitablePrpsInd0true
IRS990ScheduleD/DisclosedOrgLegCtrlInd0true
IRS990ScheduleD/DonorAdvisedFundsContriAmt0396994
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0393326
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PROVIDE SCHOLARSHIPS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt09016
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual banquet
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09016
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09016
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt032012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032012
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032012
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt022996
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt046678
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Education
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Cuero ISD
IRS990ScheduleI/RecipientTable/RecipientEIN0746000647
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0405 Park Heights Drive
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Cuero
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd077954
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Non cash contribution of partnership interest
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available to each member to review
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Each board member voluntarily discloses conficts, board reviews all contracts for potential conflicts
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REFUND OF UNUSED GRANT FUNDS BY CUERO ISD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES OPERATIONAL EXPENSES LIABILITY INSURANCE FOR DIRECTORS SCHOLARSHIPS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ENDOWMENT FUNDS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990/SchoolOperatingInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.47$0.03$5.44$0.58$0.34$0.24
2023Detailed filing. Detailed filing data is available for this year.$5.04$0.01$5.03$0.42$0.25$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$0.03$4.53$0.58$0.27$0.31
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.00$0.03$4.97$0.27$0.17$0.09
2020Detailed filing. Detailed filing data is available for this year.$4.48$0.04$4.45$0.14$0.13$0.01
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.34$0.03$4.31$0.81$0.15$0.66
2018Detailed filing. Detailed filing data is available for this year.$3.57$0.05$3.53$0.22$0.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.98$0.09$3.89$0.21$0.26$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.73$0.09$3.65$0.34$0.31$0.03
2015Detailed filing. Detailed filing data is available for this year.$3.42$0.00$3.42$2.85$2.00$0.85
2014Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$2.34$0.07$2.26
2013Summary only. Only limited summary data is available for this year.$0.38$0.00$0.11$0.09$0.02
2012Summary only. Only limited summary data is available for this year.$0.34$0.00$0.11$0.06$0.05
2011Summary only. Only limited summary data is available for this year.$0.29$0.00$0.13$0.07$0.06