Civic Intelligence

Westlake Academy Foundation

990 • Fiscal year 2017 • EIN 20-0033926

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 16, 2018

Organization ProfileWESTLAKEACADEMYFOUNDATION.ORG
2600 Jt Ottinger RoadWestlake, TX 76262

(817) 490-5722

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

85th percentile

$160,708

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 9.8% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

78th percentile

28%

Faster revenue growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$1,955,950

Up $260,061 (+15%) from 2016

Net Assets

Up

$1,955,675

Up $270,190 (+16%) from 2016

Liabilities

Down

$275

Down $10,129 (-97%) from 2016

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin74th percentile

Revenue

Up

$1,633,778

Up $357,423 (+28%) from 2016

Expenses

Up

$1,373,324

Up $154,835 (+13%) from 2016

Net Income

Up

$260,454

Up $202,588 (+350%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,012,131Liabilities 2011: $8,791Net Assets 2011: $1,003,3402011Assets 2012: $1,366,114Liabilities 2012: $104,598Net Assets 2012: $1,261,5162012Assets 2013: $1,397,787Liabilities 2013: $19,328Net Assets 2013: $1,378,4592013Assets 2014: $1,595,428Liabilities 2014: $18,252Net Assets 2014: $1,577,1762014Assets 2015: $1,599,765Liabilities 2015: $18,308Net Assets 2015: $1,581,4572015Assets 2016: $1,695,889Liabilities 2016: $10,404Net Assets 2016: $1,685,4852016Assets 2017: $1,955,950Liabilities 2017: $275Net Assets 2017: $1,955,6752017Assets 2018: $2,558,219Liabilities 2018: $387,862Net Assets 2018: $2,170,3572018Assets 2019: $2,380,643Liabilities 2019: $0Net Assets 2019: $2,380,6432019Assets 2020: $2,677,971Liabilities 2020: $8,410Net Assets 2020: $2,669,5612020Assets 2021: $3,244,083Liabilities 2021: $7,600Net Assets 2021: $3,236,4832021Assets 2022: $2,748,901Liabilities 2022: $6,895Net Assets 2022: $2,742,0062022Assets 2023: $3,284,208Liabilities 2023: $181,144Net Assets 2023: $3,103,0642023Assets 2024: $3,178,246Liabilities 2024: $33,898Net Assets 2024: $3,144,3482024

Highlighted filing

2017

Assets$1,955,950
Liabilities$275
Net Assets$1,955,675
Open 2017 Filing

Operations Trend

Revenue Growth78th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $997,386Expenses 2011: $783,349Net Income 2011: $214,0372011Revenue 2012: $1,414,264Expenses 2012: $1,150,038Net Income 2012: $264,2262012Revenue 2013: $1,041,758Expenses 2013: $971,686Net Income 2013: $70,0722013Revenue 2014: $1,360,861Expenses 2014: $1,152,187Net Income 2014: $208,6742014Revenue 2015: $1,370,153Expenses 2015: $1,317,407Net Income 2015: $52,7462015Revenue 2016: $1,276,355Expenses 2016: $1,218,489Net Income 2016: $57,8662016Revenue 2017: $1,633,778Expenses 2017: $1,373,324Net Income 2017: $260,4542017Revenue 2018: $1,658,268Expenses 2018: $1,544,483Net Income 2018: $113,7852018Revenue 2019: $1,761,972Expenses 2019: $1,489,130Net Income 2019: $272,8422019Revenue 2020: $1,623,760Expenses 2020: $1,407,200Net Income 2020: $216,5602020Revenue 2021: $1,490,806Expenses 2021: $1,274,358Net Income 2021: $216,4482021Revenue 2022: $2,338,496Expenses 2022: $2,335,632Net Income 2022: $2,8642022Revenue 2023: $1,827,657Expenses 2023: $1,609,044Net Income 2023: $218,6132023Revenue 2024: $1,452,100Expenses 2024: $1,566,439Net Income 2024: -$114,3392024

Highlighted filing

2017

Revenue$1,633,778
Expenses$1,373,324
Net Income$260,454
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 16, 2018
Return Version
2016v3.0
Gross Receipts
$3,720,486
Mission and Program Overview

Mission

To provide financial support for westlake academy in its efforts to achieve academic excellence in developing responsible, global, lifelong learners.

To provide financial support for westlake academy in its efforts to provide students with an internationally minded education of the highest quality so they are well-balanced and respectful life-long learners.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,224,814$1,610,288▲ $385,474
Cash and Non-Interest-Bearing Accounts$459,194--
Savings and Temporary Cash Investments-$340,662-
Pledges and Grants Receivable$7,565--
Prepaid Expenses and Deferred Charges$4,316$5,000▲ $684
Total Assets$1,695,889$1,955,950▲ $260,061
Liabilities
Accounts Payable and Accrued Expenses$10,404$275▼ $10,129
Total Liabilities$10,404$275▼ $10,129
Net Assets / Fund Balance
Unrestricted Net Assets$1,598,745$1,683,866▲ $85,121
Permanently Rstr Net Assets$52,705$253,190▲ $200,485
Temporarily Rstr Net Assets$34,035$18,619▼ $15,416
Total Net Assets Fund Balance$1,685,485$1,955,675▲ $270,190
Total Liabilities and Net Assets / Fund Balance$1,695,889$1,955,950▲ $260,061

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,383,156$235,991▲ $45,728-$1,649,922
2015$1,310,457$32,111▲ $50,920-$1,383,156
2014$1,307,545$48,124▼ $36,231-$1,310,457
2013$901,000$273,518▲ $133,027-$1,307,545
2012$900,000$1,000--$901,000
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Shelly MyersExecutive DirectorFT$47,037$60,339$107,376

Board Members and Trustees

NameTitle
Debbie KraskaPresident
Leah RennhackVice President
Andy SedinoDirector
Chris JeppesenDirector
Christine RossDirector
Deanna TitzlerDirector
Jeff WatsonDirector
Karen StoltenbergDirector
Kevin HansenDirector
Laura LuckettDirector
Wendy GreenwoodDirector
Zan JonesDirector
Debbie PiperFinance Director
Adam SmithSecretary
Sean ShopeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,663,163
Program Service Revenue
$0
Investment Income
$36,697
Other Revenue
$-66,082
All Other Contributions
$1,253,160
Change in Net Assets
$260,454

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table254$107,322Retail Value
Securities Publicly Traded4$14,859Nyse
Total Noncash Contributions258$122,181-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,633,778
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$128,488
Total Revenue per Audited Statements
$1,762,266
Total Revenue per Form 990
$1,633,778
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,251,715
Total Fundraising Expense$78,289
Salaries, Compensation, and Employee Benefits$65,158
Other Expenses$56,451
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,251,715--$1,251,715
Current Officers, Directors, Trustees, and Key Employees--$51,701$51,701
Office Expenses-$23,471$4,153$27,624
Other Salaries and Wages--$11,491$11,491
Other Expenses-$1,041$8,978$10,019
Advertising-$8,876-$8,876
Fees for Services Accounting-$4,250-$4,250
Information Technology-$3,375-$3,375
Conferences and Meetings-$2,093-$2,093
Payroll Taxes--$1,966$1,966
Fees for Services Other-$214-$214
Total Functional Expenses$1,251,715$43,320$78,289$1,373,324

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,492,076
Expenses per Audited Statements$1,373,324
Total Expenses per Form 990$1,373,324
Expenses Not Reported on Form 990$118,752
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Westlake AcademyWestlake, TX501(c)(3)Provide Financial Support for Westlake Academy in Its Efforts to Achieve Academic Excellence.$1,251,715
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$118,752
Fundraising Gross Income$52,670
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gallery Night$332,923$30,870$29,953$917
Westlake Baja$129,750$21,800$10,454$11,346
Total Events$462,673$52,670$118,752$-66,082
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
Audit committee
No
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
No
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 11B

“The form 990 is reviewed by the executive director and the finance director prior to being filed. Each board member has the opportunity to see the 990 prior to filing by request.”

Form 990, Part VI, Section C, Line 19

“The organization maintains a copy of its governing documents, policies and financial statements and each is available for review upon request along with the public availability of the annual audit report.”

Filing and Contact Details

Filer

Filer Name
Westlake Academy Foundation
EIN
20-0033926
Phone
8174905722
Address
2600 JT OTTINGER ROAD, WESTLAKE, TX 76262

Signing Officer

Name
Debbie Piper
Title
Finance Director
Phone
8174905722
Signed
2018-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Shelly Myers
Formed
2003
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
90

Preparer

Firm
Weaver and Tidwell Llp
Address
12221 MERIT DRIVE SUITE 1400, DALLAS, TX 75251
Preparer
Ira L Nevelow
Phone
9724901970
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The foundation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for federal income taxes has been recorded in the accompanying financial statements. The foundation is unaware of any uncertain tax positions as of august 31, 2017 that would be subject to the recognition provision of financial accounting standards board (fasb) accounting standards codification (asc) 740-10, accounting for uncertainty in income taxes." generally, the three prior years remain open for federal income tax examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Special event expense 118,752.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expense 118,752.”

Raw XML AppendixShowing 400 of 583 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/GrantsToDomesticOrgsGrp/TotalAmt01251715
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01977708
IRS990/GrossReceiptsAmt03720486
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03375
IRS990/InformationTechnologyGrp/TotalAmt03375
IRS990/InvestmentIncomeGrp/ExclusionAmt026945
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt026945
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01224814
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01610288
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01967956
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE FINANCIAL SUPPORT FOR WESTLAKE ACADEMY IN ITS EFFORTS TO PROVIDE STUDENTS WITH AN INTERNATIONALLY MINDED EDUCATION OF THE HIGHEST QUALITY SO THEY ARE WELL-BALANCED AND RESPECTFUL LIFE-LONG LEARNERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01685485
IRS990/NetAssetsOrFundBalancesEOYAmt01955675
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09752
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09752
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-66082
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-66082
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt09736
IRS990/NoncashContributionsAmt0122181
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt04153
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt023471
IRS990/OfficeExpensesGrp/TotalAmt027624
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt08978
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01041
IRS990/OtherExpensesGrp/TotalAmt010019
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011491
IRS990/OtherSalariesAndWagesGrp/TotalAmt011491
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01966
IRS990/PayrollTaxesGrp/TotalAmt01966
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt052705
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0253190
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt07565
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04316
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05000
IRS990/PrincipalOfficerNm0DR SHELLY MYERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01337363
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01108333
IRS990/PYInvestmentIncomeAmt05422
IRS990/PYOtherExpensesAmt049817
IRS990/PYOtherRevenueAmt0-66430
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt057866
IRS990/PYSalariesCompEmpBnftPaidAmt060339
IRS990/PYTotalExpensesAmt01218489
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01276355
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0260454
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0340662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01663163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01337363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01422196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01242245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0744363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06409330
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt026945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt018845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt018922
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt014268
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt094887
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt052670
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt053050
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt053740
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt047750
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0351487
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0558697
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.90750
IRS990ScheduleA/PublicSupportPY170Pct00.85210
IRS990ScheduleA/PublicSupportTotal170Amt06409330
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01663163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01337363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01422196
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01242245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0744363
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06409330
IRS990ScheduleA/TotalSupportAmt07062914
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.83530
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt012453
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01383156
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0235991
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01649922
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt02500
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt045728
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt07832
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01310457
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt032111
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01383156
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt02500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt050920
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt07781
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01307545
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt048124
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01310457
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01200
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-36231
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0901000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0273518
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01307545
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0133027
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0900000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0901000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0118752
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01373324
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt09736
IRS990ScheduleD/OtherExpensesIncludedAmt0118752
IRS990ScheduleD/OtherRevenueAmt0118752
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.15350
IRS990ScheduleD/RevenueNotReportedAmt0128488
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01633778
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS AS OF AUGUST 31, 2017 THAT WOULD BE SUBJECT TO THE RECOGNITION PROVISION OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." GENERALLY, THE THREE PRIOR YEARS REMAIN OPEN FOR FEDERAL INCOME TAX EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SPECIAL EVENT EXPENSE 118,752.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSE 118,752.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01130
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01373324
IRS990ScheduleD/TotalRevenuePerForm990Amt01633778
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01762266
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01492076
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0410003
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0302053
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0107950
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0118752
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt08854
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt01200
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt010054
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALLERY NIGHT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WESTLAKE BAJA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt031831
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt013438
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt045269
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0332923
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0129750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0462673
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030870
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt021800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt052670
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-66082
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt040407
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt029953

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,955,950
Liabilities
$275
Net assets
$1,955,675
Revenue
$1,633,778
Expenses
$1,373,324
Net income
$260,454
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.03$3.14$1.45$1.57$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$0.18$3.10$1.83$1.61$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.75$0.01$2.74$2.34$2.34$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.01$3.24$1.49$1.27$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.01$2.67$1.62$1.41$0.22
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.38$0.00$2.38$1.76$1.49$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.39$2.17$1.66$1.54$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$1.63$1.37$0.26
2016Detailed filing. Detailed filing data is available for this year.$1.70$0.01$1.69$1.28$1.22$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.60$0.02$1.58$1.37$1.32$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.60$0.02$1.58$1.36$1.15$0.21
2013Summary only. Only limited summary data is available for this year.$1.40$0.02$1.38$1.04$0.97$0.07
2012Summary only. Only limited summary data is available for this year.$1.37$0.10$1.26$1.41$1.15$0.26
2011Summary only. Only limited summary data is available for this year.$1.01$0.01$1.00$1.00$0.78$0.21
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $1M-$5M nonprofits