Civic Intelligence

Sanger Education Foundation Inc.

990 • Fiscal year 2016 • EIN 20-4067636

Sep 01, 2015 to Aug 31, 2016 • Filed on Jul 10, 2017

PO Box 429Sanger, TX 76266

(940) 458-4859

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.05x

Higher debt load relative to assets than 53% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.22x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

90th percentile

44%

Higher net margin than 90% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

16%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$837,307

Up $108,992 (+15%) from 2015

Net Assets

Up

$795,200

Up $103,994 (+15%) from 2015

Liabilities

Up

$42,107

Up $4,998 (+13%) from 2015

Revenue

Up

$191,999

Up $26,411 (+16%) from 2015

Expenses

Up

$107,490

Up $9,515 (+9.7%) from 2015

Net Income

Up

$84,509

Up $16,896 (+25%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $478,302Liabilities 2010: $27,770Net Assets 2010: $450,5322010Assets 2011: $527,685Liabilities 2011: $12,700Net Assets 2011: $514,9852011Assets 2012: $640,177Liabilities 2012: $46,142Net Assets 2012: $594,0352012Assets 2013: $682,795Liabilities 2013: $59,954Net Assets 2013: $622,8412013Assets 2014: $771,247Liabilities 2014: $44,806Net Assets 2014: $726,4412014Assets 2015: $728,315Liabilities 2015: $37,109Net Assets 2015: $691,2062015Assets 2016: $837,307Liabilities 2016: $42,107Net Assets 2016: $795,2002016Assets 2017: $1,044,510Liabilities 2017: $49,895Net Assets 2017: $994,6152017Assets 2018: $1,174,875Liabilities 2018: $75,782Net Assets 2018: $1,099,0932018Assets 2019: $1,324,142Liabilities 2019: $88,069Net Assets 2019: $1,236,0732019Assets 2020: $1,388,212Liabilities 2020: $80,031Net Assets 2020: $1,308,1812020Assets 2021: $1,769,138Liabilities 2021: $33,917Net Assets 2021: $1,735,2212021Assets 2022: $1,642,385Liabilities 2022: $69,052Net Assets 2022: $1,573,3332022Assets 2023: $1,854,523Liabilities 2023: $66,318Net Assets 2023: $1,788,2052023Assets 2024: $2,105,336Liabilities 2024: $81,009Net Assets 2024: $2,024,3272024

Highlighted filing

2016

Assets$837,307
Liabilities$42,107
Net Assets$795,200

Operations Trend

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

$600K$400K$200K$0Revenue 2010: $149,201Expenses 2010: $80,564Net Income 2010: $68,6372010Expenses 2011: $80,3222011Expenses 2012: $88,4972012Expenses 2013: $141,8242013Revenue 2014: $170,531Expenses 2014: $94,776Net Income 2014: $75,7552014Revenue 2015: $165,588Expenses 2015: $97,975Net Income 2015: $67,6132015Revenue 2016: $191,999Expenses 2016: $107,490Net Income 2016: $84,5092016Revenue 2017: $266,329Expenses 2017: $101,259Net Income 2017: $165,0702017Revenue 2018: $230,101Expenses 2018: $117,392Net Income 2018: $112,7092018Revenue 2019: $265,847Expenses 2019: $119,346Net Income 2019: $146,5012019Revenue 2020: $154,111Expenses 2020: $146,439Net Income 2020: $7,6722020Revenue 2021: $408,158Expenses 2021: $140,404Net Income 2021: $267,7542021Revenue 2022: $225,311Expenses 2022: $176,210Net Income 2022: $49,1012022Revenue 2023: $349,228Expenses 2023: $180,263Net Income 2023: $168,9652023Revenue 2024: $370,741Expenses 2024: $227,643Net Income 2024: $143,0982024

Highlighted filing

2016

Revenue$191,999
Expenses$107,490
Net Income$84,509
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jul 10, 2017
Return Version
2015v3.0
Gross Receipts
$216,093
Mission and Program Overview

Mission

Supplemental Support of Sanger Independent School District.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$548,814$685,155▲ $136,341
Savings and Temporary Cash Investments$104,484$60,597▼ $43,887
Accounts Receivable$59,176$50,643▼ $8,533
Cash and Non-Interest-Bearing Accounts$15,841$40,912▲ $25,071
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$728,315$837,307▲ $108,992
Other Assets Total-$0-
Liabilities
Grants Payable$37,109$42,107▲ $4,998
Total Liabilities$37,109$42,107▲ $4,998
Net Assets / Fund Balance
Permanently Rstr Net Assets$401,837$421,857▲ $20,020
Unrestricted Net Assets$252,657$309,517▲ $56,860
Temporarily Rstr Net Assets$36,712$63,826▲ $27,114
Total Net Assets Fund Balance$691,206$795,200▲ $103,994
Total Liabilities and Net Assets / Fund Balance$728,315$837,307▲ $108,992
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen CoffeyPresident
Allen ChickDirector
Brad IsbellDirector
Jeff SpringerDirector
Dee Dee PetersonDirector-VP
Jack BiggerstaffDirector-VP
John GageDirector-VP
John ReedDirector-VP
Valerie FosterExecutive Director
Dennis DillonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$128,283
Program Service Revenue
$0
Investment Income
$44,621
Other Revenue
$19,095
All Other Contributions
$69,263
Change in Net Assets
$84,509

Audited Revenue Reconciliation

Revenue per Audited Statements
$191,999
Revenue Not Reported on Form 990
$31,869
Total Revenue per Audited Statements
$223,868
Total Revenue per Form 990
$191,999
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$77,834
Other Expenses$29,656
Total Fundraising Expense$18,081
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$71,234--$71,234
Advertising--$6,823$6,823
Grants to Domestic Individuals$6,600--$6,600
Fees for Services Accounting-$5,000-$5,000
All Other Expenses-$210$2,153$2,363
Other Expenses-$2,604$2,269$2,269
Insurance-$1,807-$1,807
Conferences and Meetings-$600-$600
Office Expenses-$573-$573
Total Functional Expenses$77,834$11,575$18,081$107,490

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$119,874
Expenses per Audited Statements$107,490
Total Expenses per Form 990$107,490
Expenses Not Reported on Form 990$12,384
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sanger ISDSanger, TX-Educational Grants$71,234
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,478
Fundraising Direct Expenses$12,383
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$90,498$31,478$5,846$25,632
Total Events$90,498$31,478$12,383$19,095
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed by Executive Director and Board Treasurer.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Monitored by Executive Director and Board President.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are made available upon request.

Filing and Contact Details

Filer

Filer Name
Sanger Education Foundation Inc
EIN
20-4067636
Phone
9404584859
Address
PO Box 429, Sanger, TX 76266

Signing Officer

Name
Dennis Dillon
Title
Treasurer
Signed
2017-07-10
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
35

Preparer

Firm
Hankins Eastup Deaton Tonn & Seay PC CPAS
Address
PO BOX 977, DENTON, TX 76202-0977
Preparer
Dan Tonn
Phone
9403878563
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising event expenses $12384

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising event expenses $12384

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IRS990/Organization501c3Ind0X
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IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Promotional Items
IRS990/OtherExpensesGrp/Desc1Printing and Publications
IRS990/OtherExpensesGrp/Desc2Credit Card Fees
IRS990/OtherExpensesGrp/Desc3Donor Mgmt Software
IRS990/OtherExpensesGrp/FundraisingAmt04429
IRS990/OtherExpensesGrp/FundraisingAmt12407
IRS990/OtherExpensesGrp/FundraisingAmt22269
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0781
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12604
IRS990/OtherExpensesGrp/TotalAmt04429
IRS990/OtherExpensesGrp/TotalAmt13188
IRS990/OtherExpensesGrp/TotalAmt22604
IRS990/OtherExpensesGrp/TotalAmt32269
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0401837
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0421857
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0District Wide Initiatives
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt030000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt030000
IRS990/ProgSrvcAccomActy3Grp/Desc0Student Scholarships - scholarships for outgoing senior students.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt06600
IRS990/ProgSrvcAccomActy3Grp/GrantAmt06600
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0110001
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt072590
IRS990/PYInvestmentIncomeAmt033396
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt025385
IRS990/PYOtherRevenueAmt022191
IRS990/PYRevenuesLessExpensesAmt067613
IRS990/PYTotalExpensesAmt097975
IRS990/PYTotalRevenueAmt0165588
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt084509
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0104484
IRS990/SavingsAndTempCashInvstGrp/EOYAmt060597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0128283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0110001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0115375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0119898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0130286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0603843
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09457
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09678
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08448
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07892
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt068871
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt019095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt022191
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt026553
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt016408
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt018356
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0102603
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77880
IRS990ScheduleA/PublicSupportPY170Pct00.75290
IRS990ScheduleA/PublicSupportTotal170Amt0603843
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0128283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0110001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0115375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0119898
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0130286
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0603843
IRS990ScheduleA/TotalSupportAmt0775317
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt012384
IRS990ScheduleD/ExpensesSubtotalAmt0107490
IRS990ScheduleD/NetUnrealizedGainsInvstAmt019485
IRS990ScheduleD/OtherExpensesIncludedAmt012384
IRS990ScheduleD/OtherRevenueAmt012384
IRS990ScheduleD/RevenueNotReportedAmt031869
IRS990ScheduleD/RevenueSubtotalAmt0191999
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising event expenses $12384
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising event expenses $12384
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt0107490
IRS990ScheduleD/TotalRevenuePerForm990Amt0191999
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0223868
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0119874
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt059020
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt059020
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt012383
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt03487
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03487
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt090498
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt090498
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031478
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt031478
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt019095
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05846
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05846
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02550
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt02550

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.11$0.08$2.02$0.37$0.23$0.14
2023Detailed filing. Detailed filing data is available for this year.$1.85$0.07$1.79$0.35$0.18$0.17
2022Detailed filing. Detailed filing data is available for this year.$1.64$0.07$1.57$0.23$0.18$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.77$0.03$1.74$0.41$0.14$0.27
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.08$1.31$0.15$0.15$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.32$0.09$1.24$0.27$0.12$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.08$1.10$0.23$0.12$0.11
2017Detailed filing. Detailed filing data is available for this year.$1.04$0.05$0.99$0.27$0.10$0.17
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.04$0.80$0.19$0.11$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.73$0.04$0.69$0.17$0.10$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.77$0.04$0.73$0.17$0.09$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.06$0.62$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.05$0.59$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.01$0.51$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.03$0.45$0.15$0.08$0.07