Civic Intelligence

Strunc Inc

EIN 20-3571668 • 501(c)3 • Palmer, TX

Profile

To provide child care and early education and fine arts instruction throughout ellis county.

1120 Hampel RoadPalmer, TX 75152
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

2nd percentile

-1888%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-97%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $71,595 (-100%) from 2020

Liabilities

Down

$0

Down $148,968 (-100%) from 2020

Net Assets

Up

$0

Up $77,373 (+100%) from 2020

Operations
Liabilities / Revenue61st percentileNet Margin2nd percentile

Revenue

Down

$2,500

Down $70,021 (-97%) from 2020

Expenses

Down

$49,707

Down $54,007 (-52%) from 2020

Net Income

Down

-$47,207

Down $16,014 (-51%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2010: $5,493Liabilities 2010: $53,502Net Assets 2010: -$48,0092010Assets 2011: $8,542Liabilities 2011: $28,494Net Assets 2011: -$19,9522011Assets 2012: $10,162Liabilities 2012: $29,149Net Assets 2012: -$18,9872012Assets 2013: $1,509Liabilities 2013: $30,140Net Assets 2013: -$28,6312013Assets 2014: $9,768Liabilities 2014: $30,387Net Assets 2014: -$20,6192014Assets 2015: $6,579Liabilities 2015: $51,501Net Assets 2015: -$44,9222015Assets 2016: $10,443Liabilities 2016: $41,210Net Assets 2016: -$30,7672016Assets 2017: $12,552Liabilities 2017: $43,164Net Assets 2017: -$30,6122017Assets 2018: $9,277Liabilities 2018: $47,973Net Assets 2018: -$38,6962018Assets 2020: $71,595Liabilities 2020: $148,968Net Assets 2020: -$77,3732020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0
Open 2021 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $257,6472010Revenue 2011: $265,833Expenses 2011: $237,776Net Income 2011: $28,0572011Revenue 2012: $217,839Expenses 2012: $216,874Net Income 2012: $9652012Revenue 2013: $162,465Expenses 2013: $172,110Net Income 2013: -$9,6452013Revenue 2014: $212,941Expenses 2014: $205,436Net Income 2014: $7,5052014Revenue 2015: $230,246Expenses 2015: $254,526Net Income 2015: -$24,2802015Revenue 2016: $222,352Expenses 2016: $209,503Net Income 2016: $12,8492016Revenue 2017: $290,999Expenses 2017: $290,721Net Income 2017: $2782017Revenue 2018: $258,640Expenses 2018: $266,376Net Income 2018: -$7,7362018Revenue 2020: $72,521Expenses 2020: $103,714Net Income 2020: -$31,1932020Revenue 2021: $2,500Expenses 2021: $49,707Net Income 2021: -$47,2072021

Highlighted filing

2021

Revenue$2,500
Expenses$49,707
Net Income-$47,207
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$2,500
Expenses
$49,707
Net income
-$47,207
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.03$0.50$0.47
2020Detailed filing. Detailed filing data is available for this year.$0.72$1.49$0.77$0.73$1.04$0.31
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.48$0.39$2.59$2.66$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.13$0.43$0.31$2.91$2.91$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.10$0.41$0.31$2.22$2.10$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.52$0.45$2.30$2.55$0.24
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.30$0.21$2.13$2.05$0.08
2013Summary only. Only limited summary data is available for this year.$0.02$0.30$0.29$1.62$1.72$0.10
2012Summary only. Only limited summary data is available for this year.$0.10$0.29$0.19$2.18$2.17$0.01
2011Summary only. Only limited summary data is available for this year.$0.09$0.28$0.20$2.66$2.38$0.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.54$0.48$2.58
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 15, 2023
Return Version
2021v4.0
Gross Receipts
$2,500
Mission and Program Overview

Mission

To provide child care and early education and fine arts instruction throughout ellis county.

To provide child care, early education and fine arts instruction throughout Ellis County.

Program Services

DescriptionGrantsExpenses
Provided quality early education$0$0
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephanie ReesePresident-$0--
Filing and Contact Details

Filer

Filer Name
Strunc Inc
EIN
20-3571668
Phone
2147327582
Address
1120 Hampel Road, Palmer, TX 75152

Signing Officer

Name
Stephanie Reese
Title
Director
Phone
2147327582
Signed
2023-05-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 20

“After the bank account was liquidated to pay all outstanding current assets, this is what was left to pay.”

Form 990-EZ, Part II, Line 26

“After bank account was liquidated and current liabilities were paid this is what was left in long term liabilities.”

Raw XML Appendix165 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Stephanie Reese
IRS990EZ/BooksInCareOfDetail/PhoneNum02147327582
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01120 Hampel Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Palmer
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075152
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt071595
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt00
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-47207
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012000
IRS990EZ/FiledScheduleAInd01
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt071595
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt02500
IRS990EZ/GrossReceiptsAmt02500
IRS990EZ/GrossSalesOfInventoryAmt02500
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-77373
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-77373
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OccupancyRentUtltsAndMaintAmt035106
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Stephanie Reese
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd01
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0124580
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To provide child care, early education and fine arts instruction throughout Ellis County.
IRS990EZ/PrintingPublicationsPostageAmt02601
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided quality early education
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd01
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0148968
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt049707
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt02500
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0We run a public ad in the Newspaper describing our non-discrimination Policy and put it on our website and school handbook.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1We have the food program and child care services.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Part I, Line 6
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Child Care equipment, tables, chairs, bookshelf and nap mats
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0Kidz Lane
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt03030-05-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt02500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0Child care facility
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0The value was determined by looking up the retail cost of the equipment, then taking 50% off because it is used. Then listing it on FB Marketplace with that amount or Best Offer.
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0901 S Kaufman St
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0Ennis
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd075119
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0After the bank account was liquidated to pay all outstanding current assets, this is what was left to pay.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1After bank account was liquidated and current liabilities were paid this is what was left in long term liabilities.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 26
ReasonableCauseExplanation/ExplanationTxt0I filed the tax return March 14th and it was returned to me in the mail saying I had to file online. I am writing to request a waiver of the "Failure to File Penalty," for our 990ez tax return for Reasonable Cause. The return was late because we had the North American Winter Snow Storm, Feb 1, 2022 to Feb 9, 2022. During this time we were without power, thus no heat, in below freezing temperatures. As a result, our building's pipes froze and burst through out the entire building's ceiling, and destroyed the building and contents. It took us two months to find a place to work and rebuild the Financial Data. Thank you for your understanding in this matter. If you look at our past filing history, you will see we are a timely filer, and this is a one-off event.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/LastSubmissionRqrOOBCd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd011
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd01
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephanie Reese
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02147327582
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRUNC INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0GO Academy
ReturnHeader/Filer/BusinessNameControlTxt0STRU
ReturnHeader/Filer/EIN0203571668
ReturnHeader/Filer/PhoneNum02147327582
ReturnHeader/Filer/USAddress/AddressLine1Txt01120 Hampel Road
ReturnHeader/Filer/USAddress/CityNm0Palmer
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075152
ReturnHeader/ReturnTs02023-05-15T11:56:38-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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