Civic Intelligence

Sanger Education Foundation Inc.

990 • Fiscal year 2017 • EIN 20-4067636

Sep 01, 2016 to Aug 31, 2017 • Filed on Jul 05, 2018

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

41st percentile

0.05x

Higher debt load relative to assets than 41% of similar nonprofits.

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

Liabilities / Revenue

62nd percentile

0.19x

Higher debt load relative to revenue than 62% of similar nonprofits.

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

Net Margin

94th percentile

62%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

83rd percentile

25%

Faster asset growth than 83% of similar nonprofits.

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

Revenue Growth

83rd percentile

39%

Faster revenue growth than 83% of similar nonprofits.

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

Assets

Up

$1,044,510

Up $207,203 (+25%) from 2016

Net Assets

Up

$994,615

Up $199,415 (+25%) from 2016

Liabilities

Up

$49,895

Up $7,788 (+18%) from 2016

Revenue

Up

$266,329

Up $74,330 (+39%) from 2016

Expenses

Down

$101,259

Down $6,231 (-5.8%) from 2016

Net Income

Up

$165,070

Up $80,561 (+95%) from 2016

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

2017

Assets$1,044,510
Liabilities$49,895
Net Assets$994,615

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

2017

Revenue$266,329
Expenses$101,259
Net Income$165,070
Jump To
Filing Snapshot
Filing Period
Sep 1, 2016 to Aug 31, 2017
Signed
Jul 5, 2018
Return Version
2016v3.0
Gross Receipts
$336,486
Mission and Program Overview

Mission

Supplemental Support of Sanger Independent School District.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$685,155$819,579▲ $134,424
Savings and Temporary Cash Investments$60,597$88,462▲ $27,865
Cash and Non-Interest-Bearing Accounts$40,912$72,815▲ $31,903
Accounts Receivable$50,643$63,654▲ $13,011
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$837,307$1,044,510▲ $207,203
Other Assets Total-$0-
Liabilities
Grants Payable$42,107$49,895▲ $7,788
Total Liabilities$42,107$49,895▲ $7,788
Net Assets / Fund Balance
Permanently Rstr Net Assets$421,857$560,967▲ $139,110
Unrestricted Net Assets$309,517$346,644▲ $37,127
Temporarily Rstr Net Assets$63,826$87,004▲ $23,178
Total Net Assets Fund Balance$795,200$994,615▲ $199,415
Total Liabilities and Net Assets / Fund Balance$837,307$1,044,510▲ $207,203
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen CoffeyPresident
Brad IsbellDirector
Clay AkersDirector
Dixie BerryDirector
Dr Allen CoffeyDirector
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
$228,528
Program Service Revenue
$0
Investment Income
$23,041
Other Revenue
$14,760
All Other Contributions
$182,946
Change in Net Assets
$165,070

Audited Revenue Reconciliation

Revenue per Audited Statements
$266,329
Revenue Not Reported on Form 990
$44,275
Total Revenue per Audited Statements
$310,604
Total Revenue per Form 990
$266,329
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$79,099
Other Expenses$22,160
Total Fundraising Expense$11,227
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$72,799--$72,799
Grants to Domestic Individuals$6,300--$6,300
Fees for Services Accounting-$5,000-$5,000
All Other Expenses-$385$2,244$2,629
Other Expenses-$2,669$2,104$2,104
Insurance-$1,807-$1,807
Advertising--$608$608
Conferences and Meetings-$451-$451
Office Expenses-$323-$323
Total Functional Expenses$79,099$10,933$11,227$101,259

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$111,189
Expenses per Audited Statements$101,259
Total Expenses per Form 990$101,259
Expenses Not Reported on Form 990$9,930
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sanger ISDSanger, TX-Educational Grants$72,799
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,690
Fundraising Direct Expenses$9,930
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$70,272$24,690$6,460$18,230
Total Events$70,272$24,690$9,930$14,760
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
2018-07-05
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
11
Independent Board Members
11
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 $9930

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

Fundraising event expenses $9930

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IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0795200
IRS990/NetAssetsOrFundBalancesEOYAmt0994615
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt011463
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt011463
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014760
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014760
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt034345
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt016432
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0323
IRS990/OfficeExpensesGrp/TotalAmt0323
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Printing and Publications
IRS990/OtherExpensesGrp/Desc1Promotional Items
IRS990/OtherExpensesGrp/Desc2Credit Card Fees
IRS990/OtherExpensesGrp/Desc3Donor Mgmt Software
IRS990/OtherExpensesGrp/FundraisingAmt03147
IRS990/OtherExpensesGrp/FundraisingAmt13124
IRS990/OtherExpensesGrp/FundraisingAmt22104
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0298
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12669
IRS990/OtherExpensesGrp/TotalAmt03445
IRS990/OtherExpensesGrp/TotalAmt13124
IRS990/OtherExpensesGrp/TotalAmt22669
IRS990/OtherExpensesGrp/TotalAmt32104
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0421857
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0560967
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/ExpenseAmt06300
IRS990/ProgSrvcAccomActy3Grp/GrantAmt06300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0128283
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt077834
IRS990/PYInvestmentIncomeAmt044621
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt029656
IRS990/PYOtherRevenueAmt019095
IRS990/PYRevenuesLessExpensesAmt084509
IRS990/PYTotalExpensesAmt0107490
IRS990/PYTotalRevenueAmt0191999
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0165070
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt060597
IRS990/SavingsAndTempCashInvstGrp/EOYAmt088462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0228528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0128283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0110001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0115375
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0119898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0702085
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt011578
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09457
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09678
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt08448
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt072557
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014760
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt019095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt022191
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt026553
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt016408
IRS990ScheduleA/OtherIncome170Grp/TotalAmt099007
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.80360
IRS990ScheduleA/PublicSupportPY170Pct00.77880
IRS990ScheduleA/PublicSupportTotal170Amt0702085
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0228528
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0128283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0110001
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0115375
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0119898
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0702085
IRS990ScheduleA/TotalSupportAmt0873649
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/ExpensesNotReportedAmt09930
IRS990ScheduleD/ExpensesSubtotalAmt0101259
IRS990ScheduleD/NetUnrealizedGainsInvstAmt034345
IRS990ScheduleD/OtherExpensesIncludedAmt09930
IRS990ScheduleD/OtherRevenueAmt09930
IRS990ScheduleD/RevenueNotReportedAmt044275
IRS990ScheduleD/RevenueSubtotalAmt0266329
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising event expenses $9930
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising event expenses $9930
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/TotalExpensesPerForm990Amt0101259
IRS990ScheduleD/TotalRevenuePerForm990Amt0266329
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0310604
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0111189
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false

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