Civic Intelligence

Westlake Academy Foundation

990 • Fiscal year 2019 • EIN 20-0033926

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 14, 2020

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

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

88th percentile

$181,751

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

16th percentile

-6.9%

Faster asset growth than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

55th percentile

6.3%

Faster revenue growth than 55% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$2,380,643

Down $177,576 (-6.9%) from 2018

Net Assets

Up

$2,380,643

Up $210,286 (+9.7%) from 2018

Liabilities

Down

$0

Down $387,862 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin73rd percentile

Revenue

Up

$1,761,972

Up $103,704 (+6.3%) from 2018

Expenses

Down

$1,489,130

Down $55,353 (-3.6%) from 2018

Net Income

Up

$272,842

Up $159,057 (+140%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2019

Assets$2,380,643
Liabilities$0
Net Assets$2,380,643
Open 2019 Filing

Operations Trend

Revenue Growth55th 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

2019

Revenue$1,761,972
Expenses$1,489,130
Net Income$272,842
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 14, 2020
Return Version
2018v3.2
Gross Receipts
$2,012,591
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,804,255$1,831,544▲ $27,289
Savings and Temporary Cash Investments$752,141$547,114▼ $205,027
Prepaid Expenses and Deferred Charges$1,823$1,985▲ $162
Total Assets$2,558,219$2,380,643▼ $177,576
Liabilities
Accounts Payable and Accrued Expenses$387,862$0▼ $387,862
Total Liabilities$387,862$0▼ $387,862
Net Assets / Fund Balance
Unrestricted Net Assets$1,874,925$2,096,480▲ $221,555
Permanently Rstr Net Assets$254,190$255,522▲ $1,332
Temporarily Rstr Net Assets$41,242$28,641▼ $12,601
Total Net Assets Fund Balance$2,170,357$2,380,643▲ $210,286
Total Liabilities and Net Assets / Fund Balance$2,558,219$2,380,643▼ $177,576

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,827,173$32,210▲ $22,761-$1,865,084
2017$1,649,922$33,692▲ $169,835-$1,827,173
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
Compensation and Service Providers
Top Officer Pay88th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dr Shelly MyersExecutive DirectorFT$50,265$64,757$115,022

Board Members and Trustees

NameTitle
Debbie KraskaPresident
Leah RennhackVice President
Deanna TizlerDirector
Dr Ahu SiegDirector
Karen StoltenbergDirector
Kevin HansenDirector
Laura LuckettDirector
Leigh Rea SansoneDirector
Michael ColbyDirector
Wendy GreenwoodDirector
Zan JonesDirector
Debbie PiperFinance Director
Christine RossSecretary
Sean ShopeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,748,516
Program Service Revenue
$0
Investment Income
$85,446
Other Revenue
$-71,990
All Other Contributions
$1,204,880
Change in Net Assets
$272,842

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 Table379$183,865Retail Value
Securities Publicly Traded4$12,542Nyse
Total Noncash Contributions383$196,407-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,761,972
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$51,134
Total Revenue per Audited Statements
$1,813,106
Total Revenue per Form 990
$1,761,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,331,856
Other Expenses$90,220
Total Fundraising Expense$89,100
Salaries, Compensation, and Employee Benefits$67,054
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,331,856--$1,331,856
Current Officers, Directors, Trustees, and Key Employees--$52,880$52,880
Office Expenses-$14,588$12,893$27,481
Other Expenses-$11,643$9,153$20,796
Conferences and Meetings-$15,906-$15,906
Advertising-$14,583-$14,583
Comp Disqual Persons--$12,909$12,909
Fees for Services Accounting-$5,332-$5,332
Information Technology-$3,590-$3,590
Fees for Services Other-$2,532-$2,532
Payroll Taxes--$1,265$1,265
Total Functional Expenses$1,331,856$68,174$89,100$1,489,130

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,602,820
Expenses per Audited Statements$1,489,130
Total Expenses per Form 990$1,489,130
Expenses Not Reported on Form 990$113,690
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.$1,331,856
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$113,690
Fundraising Gross Income$41,700
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gallery Night$322,871$29,700$32,025$-2,325
Westlake Baja$262,465$12,000$18,200$-6,200
Total Events$585,336$41,700$113,690$-71,990
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
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
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
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Shelly Myers
Formed
2003
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
90

Preparer

Firm
Weaver and Tidwell Llp
Address
2300 N FIELD ST STE 1000, DALLAS, TX 75201
Preparer
Ira L Nevelow
Phone
9724901970
Supplemental Narrative

Additional Explanations

Part XII, Line 2C Explanation

“No changes to method of accounting or audit committee procedures occurred during the fiscal year.”

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, 2019 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 113,690.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Special event expense 113,690.”

Raw XML AppendixShowing 400 of 588 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/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03590
IRS990/InformationTechnologyGrp/TotalAmt03590
IRS990/InvestmentIncomeGrp/ExclusionAmt078048
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt078048
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01804255
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01831544
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0136929
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/NetAssetsOrFundBalancesBOYAmt02170357
IRS990/NetAssetsOrFundBalancesEOYAmt02380643
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt07398
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt07398
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-71990
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-71990
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-62556
IRS990/NoncashContributionsAmt0196407
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt012893
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014588
IRS990/OfficeExpensesGrp/TotalAmt027481
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt09153
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011643
IRS990/OtherExpensesGrp/TotalAmt020796
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01265
IRS990/PayrollTaxesGrp/TotalAmt01265
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0254190
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0255522
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01823
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01985
IRS990/PrincipalOfficerNm0DR SHELLY MYERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01666227
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01407094
IRS990/PYInvestmentIncomeAmt069836
IRS990/PYOtherExpensesAmt070076
IRS990/PYOtherRevenueAmt0-77795
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0113785
IRS990/PYSalariesCompEmpBnftPaidAmt067313
IRS990/PYTotalExpensesAmt01544483
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01658268
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0272842
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0752141
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0547114
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01748516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01666227
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01663163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01337363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01422196
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07837465
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt078048
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt055880
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt015907
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt018845
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0195625
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt041700
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt044350
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt052670
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt053050
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt053740
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0245510
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94670
IRS990ScheduleA/PublicSupportPY170Pct00.94970
IRS990ScheduleA/PublicSupportTotal170Amt07837465
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01748516
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01666227
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01663163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01337363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01422196
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07837465
IRS990ScheduleA/TotalSupportAmt08278600
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.88060
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt011154
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01827173
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt032210
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01865084
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt05906
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt022761
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt013776
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01649922
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt033692
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01827173
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt012500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0169835
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt012453
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01383156
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0235991
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01649922
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt02500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt045728
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt07832
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01310457
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt032111
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01383156
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt02500
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt050920
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt07781
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01307545
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt048124
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01310457
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt01200
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-36231
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0113690
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01489130
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-62556
IRS990ScheduleD/OtherExpensesIncludedAmt0113690
IRS990ScheduleD/OtherRevenueAmt0113690
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.11940
IRS990ScheduleD/RevenueNotReportedAmt051134
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01761972
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, 2019 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 113,690.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSE 113,690.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01489130
IRS990ScheduleD/TotalRevenuePerForm990Amt01761972
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01813106
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01602820
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0543636
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0293171
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0250465
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0113690
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt08750
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt08750
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALLERY NIGHT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WESTLAKE BAJA
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt037675
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt017040
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt054715
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0322871
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0262465
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0585336
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt029700

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,380,643
Liabilities
$0
Net assets
$2,380,643
Revenue
$1,761,972
Expenses
$1,489,130
Net income
$272,842
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
2019Detailed filing. Detailed filing data is available for this year.$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
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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