Civic Intelligence

Muscle Shoals Education Foundation Inc.

990EZ • Fiscal year 2018 • EIN 20-1227355

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

3200 South Wilson Dam RoadMuscle Shoals, AL 35661

(256) 389-2698

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

75th percentile

0.04x

Higher debt load relative to revenue than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

13th percentile

-27%

Higher net margin than 13% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

85th percentile

$25,458

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 30.1% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

19th percentile

-27%

Faster revenue growth than 19% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$96,683

Down $25,541 (-21%) from 2017

Net Assets

Down

$93,436

Down $23,817 (-20%) from 2017

Liabilities

Down

$3,247

Down $1,724 (-35%) from 2017

Revenue

Down

$84,551

Down $31,380 (-27%) from 2017

Expenses

Up

$107,636

Up $3,108 (+3.0%) from 2017

Net Income

Down

-$23,085

Down $34,488 (-302%) from 2017

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $44,519Liabilities 2010: $2,656Net Assets 2010: $41,8632010Assets 2011: $47,631Liabilities 2011: $1,423Net Assets 2011: $46,2082011Assets 2012: $41,542Liabilities 2012: $1,292Net Assets 2012: $40,2502012Assets 2013: $44,875Liabilities 2013: $2,260Net Assets 2013: $42,6152013Assets 2014: $53,531Liabilities 2014: $2,3532014Assets 2015: $90,159Liabilities 2015: $12,5962015Assets 2016: $111,754Liabilities 2016: $5,9042016Assets 2017: $122,224Liabilities 2017: $4,971Net Assets 2017: $117,2532017Assets 2018: $96,683Liabilities 2018: $3,247Net Assets 2018: $93,4362018Assets 2019: $106,009Liabilities 2019: $2,004Net Assets 2019: $104,0052019Assets 2020: $126,293Liabilities 2020: $6,815Net Assets 2020: $119,4782020Assets 2021: $131,439Liabilities 2021: $2,773Net Assets 2021: $128,6662021Assets 2022: $101,562Liabilities 2022: $1,368Net Assets 2022: $100,1942022Assets 2023: $137,233Liabilities 2023: $1,619Net Assets 2023: $135,6142023Assets 2024: $171,892Liabilities 2024: $1,280Net Assets 2024: $170,6122024

Highlighted filing

2018

Assets$96,683
Liabilities$3,247
Net Assets$93,436

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $50,041Expenses 2010: $64,951Net Income 2010: -$14,9102010Revenue 2011: $64,125Expenses 2011: $59,780Net Income 2011: $4,3452011Revenue 2012: $46,955Expenses 2012: $52,913Net Income 2012: -$5,9582012Revenue 2013: $44,097Expenses 2013: $41,732Net Income 2013: $2,3652013Revenue 2014: $79,303Expenses 2014: $70,956Net Income 2014: $8,3472014Revenue 2015: $96,885Expenses 2015: $70,500Net Income 2015: $26,3852015Revenue 2016: $97,581Expenses 2016: $69,294Net Income 2016: $28,2872016Revenue 2017: $115,931Expenses 2017: $104,528Net Income 2017: $11,4032017Revenue 2018: $84,551Expenses 2018: $107,636Net Income 2018: -$23,0852018Revenue 2019: $100,303Expenses 2019: $92,683Net Income 2019: $7,6202019Revenue 2020: $85,958Expenses 2020: $74,198Net Income 2020: $11,7602020Revenue 2021: $122,751Expenses 2021: $128,842Net Income 2021: -$6,0912021Revenue 2022: $61,725Expenses 2022: $74,622Net Income 2022: -$12,8972022Revenue 2023: $107,062Expenses 2023: $76,576Net Income 2023: $30,4862023Revenue 2024: $81,771Expenses 2024: $49,273Net Income 2024: $32,4982024

Highlighted filing

2018

Revenue$84,551
Expenses$107,636
Net Income-$23,085
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$116,910
Mission and Program Overview

Mission

The mission of the muscle shoals education foundation is to stimulate community support to fund programs in all muscle shoals city schools while reflecting the values and traditions of muscle shoals by placing utmost importance on the learning experience for the students

Program Services

DescriptionGrantsExpenses
PROVIDE MINI GRANTS FOR EDUCATIONAL EQUIPMENT FOR USE IN TEACHER CLASSROOMS$49,677$49,677
PROVIDE ADDITIONAL LEARNING OPPORTUNITIES THROUGH COLLEGE SCHOLARSHIPS$17,125$17,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KARRAN SASSERExecutive DiPT$25,458-$25,458
DAVID REEDBoard Member-$0--
LISA RUGGLESBoard Member-$0--
DEIRDRE NELSONBoard Member-$0--
STEPHANIE SAYLORPresident-$0--
MIKE LOCKHARTBoard Member-$0--
MELISSA MEDLINVice Preside-$0--
ALLISON MEFFORDSecretary-$0--
MELODY RAYBoard Member-$0--
DUSTIN RHODESTreasurer-$0--
JASON SIMMONSBoard Member-$0--
WILLIS THOMPSONBoard Member-$0--
TRACI THORNTONBoard Member-$0--
TERRY COPLEYBoard Member-$0--
LAUREN BOSTONBoard Member-$0--
MARILYN DAVISBoard Member-$0--
CLIENT GARRETTBoard Member-$0--
WILL KINGBoard Member-$0--
JENNY STRICKLANDBoard Member-$0--
REBECCA TEDDERBoard Member-$0--
MELISSA MOSLEYBoard Member-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Speaker Event$45,236$27,252$11,510$15,742
Fundraising Eve$24,210$5,107$5,107$0
Total Events$69,446$32,359$32,359-
Filing and Contact Details

Filer

Filer Name
Muscle Shoals Education Foundation
EIN
20-1227355
Phone
2563892698
Address
3200 SOUTH WILSON DAM ROAD, MUSCLE SHOALS, AL 35661

Signing Officer

Name
Karran Sasser
Title
Executive Director
Phone
2563892698
Signed
2019-11-04
Discuss with paid preparer
Yes

Preparer

Firm
Joe M Tucker CPA Pc
Address
PO BOX 866, RUSSELLVILLE, AL 35653
Preparer
Joseph Mark Tucker
Phone
2563322004
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Class of activity: charitable cash contribution: 17,125 relationship: students

Form 990-ez, Part I, Line 10

Class of activity: charitable name: muscle shoals city schools address: 3200 s wilson dam road muscle shoals, al 35661 cash contribution: 49,677

Form 990-ez, Part I, Line 16

Speaker event advertising 780 office supplies 301 fundraising events advertising 780 supplies 603 website 1,688 tech expense 350 conference expenses 1,355 expenses office supplies 2,110 network for good - donor prog 1,656 meetings expenses 1,587 conference expense 435 insurance 862 bank charges 40 total 12,547

Form 990-ez, Part I, Line 20

Unrealized market losses -732

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,509 1,784 payroll liabilities 1,462 1,463

Form 990-ez, Part III

The mission of the muscle shoals education foundation is to stimulate community support to fund programs in all muscle shoals city schools while reflecting the values and traditions of muscle shoals by placing utmost importance on the learning experience for the students

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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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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE MUSCLE SHOALS EDUCATION FOUNDATION IS TO STIMULATE COMMUNITY SUPPORT TO FUND PROGRAMS IN ALL MUSCLE SHOALS CITY SCHOOLS WHILE REFLECTING THE VALUES AND TRADITIONS OF MUSCLE SHOALS BY PLACING UTMOST IMPORTANCE ON THE LEARNING EXPERIENCE FOR THE STUDENTS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: CHARITABLE CASH CONTRIBUTION: 17,125 RELATIONSHIP: STUDENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CLASS OF ACTIVITY: CHARITABLE NAME: MUSCLE SHOALS CITY SCHOOLS ADDRESS: 3200 S WILSON DAM ROAD MUSCLE SHOALS, AL 35661 CASH CONTRIBUTION: 49,677
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SPEAKER EVENT ADVERTISING 780 OFFICE SUPPLIES 301 FUNDRAISING EVENTS ADVERTISING 780 SUPPLIES 603 WEBSITE 1,688 TECH EXPENSE 350 CONFERENCE EXPENSES 1,355 EXPENSES OFFICE SUPPLIES 2,110 NETWORK FOR GOOD - DONOR PROG 1,656 MEETINGS EXPENSES 1,587 CONFERENCE EXPENSE 435 INSURANCE 862 BANK CHARGES 40 TOTAL 12,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNREALIZED MARKET LOSSES -732
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,509 1,784 PAYROLL LIABILITIES 1,462 1,463
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MISSION OF THE MUSCLE SHOALS EDUCATION FOUNDATION IS TO STIMULATE COMMUNITY SUPPORT TO FUND PROGRAMS IN ALL MUSCLE SHOALS CITY SCHOOLS WHILE REFLECTING THE VALUES AND TRADITIONS OF MUSCLE SHOALS BY PLACING UTMOST IMPORTANCE ON THE LEARNING EXPERIENCE FOR THE STUDENTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
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ReturnHeader/BusinessOfficerGrp/PersonNm0KARRAN SASSER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02563892698
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSCLE SHOALS EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0MUSC
ReturnHeader/Filer/EIN0201227355
ReturnHeader/Filer/PhoneNum02563892698
ReturnHeader/Filer/USAddress/AddressLine1Txt03200 SOUTH WILSON DAM ROAD
ReturnHeader/Filer/USAddress/CityNm0MUSCLE SHOALS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd035661
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0281CCDF00CC81ADF881B417DB77D8A7BF9B30D38
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07EAAAA8737DE4B218ECA784B8663C2F42330AC2A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm016:16:35
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0631014464
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOE M TUCKER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 866
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RUSSELLVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035653
ReturnHeader/PreparerPersonGrp/PhoneNum02563322004
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH MARK TUCKER
ReturnHeader/ReturnTs02019-11-06T16:16:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.72$0.01$1.71$0.82$0.49$0.32
2023Detailed filing. Detailed filing data is available for this year.$1.37$0.02$1.36$1.07$0.77$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.00$0.62$0.75$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.31$0.03$1.29$1.23$1.29$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.26$0.07$1.19$0.86$0.74$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.06$0.02$1.04$1.00$0.93$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.03$0.93$0.85$1.08$0.23
2017Detailed filing. Detailed filing data is available for this year.$1.22$0.05$1.17$1.16$1.05$0.11
2016Summary only. Only limited summary data is available for this year.$1.12$0.06$0.98$0.69$0.28
2015Summary only. Only limited summary data is available for this year.$0.90$0.13$0.97$0.71$0.26
2014Summary only. Only limited summary data is available for this year.$0.54$0.02$0.79$0.71$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.45$0.02$0.43$0.44$0.42$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.01$0.40$0.47$0.53$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.01$0.46$0.64$0.60$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.03$0.42$0.50$0.65$0.15