Civic Intelligence

Sanger Education Foundation Inc.

990 • Fiscal year 2019 • EIN 20-4067636

Sep 01, 2018 to Aug 31, 2019 • Filed on Jul 15, 2020

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

47th percentile

0.07x

Higher debt load relative to assets than 47% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.33x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

93rd percentile

55%

Higher net margin than 93% of similar nonprofits.

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

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

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

Asset Growth

71st percentile

13%

Faster asset growth than 71% of similar nonprofits.

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

Revenue Growth

70th percentile

16%

Faster revenue growth than 70% of similar nonprofits.

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

Assets

Up

$1,324,142

Up $149,267 (+13%) from 2018

Net Assets

Up

$1,236,073

Up $136,980 (+12%) from 2018

Liabilities

Up

$88,069

Up $12,287 (+16%) from 2018

Revenue

Up

$265,847

Up $35,746 (+16%) from 2018

Expenses

Up

$119,346

Up $1,954 (+1.7%) from 2018

Net Income

Up

$146,501

Up $33,792 (+30%) from 2018

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

2019

Assets$1,324,142
Liabilities$88,069
Net Assets$1,236,073

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

2019

Revenue$265,847
Expenses$119,346
Net Income$146,501
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Jul 15, 2020
Return Version
2018v3.1
Gross Receipts
$276,329
Mission and Program Overview

Mission

Supplemental Support of Sanger Independent School District.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$909,667$1,086,833▲ $177,166
Cash and Non-Interest-Bearing Accounts$109,463$109,680▲ $217
Accounts Receivable$53,437$101,571▲ $48,134
Savings and Temporary Cash Investments$102,308$26,058▼ $76,250
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$1,174,875$1,324,142▲ $149,267
Other Assets Total-$0-
Liabilities
Grants Payable$75,782$88,069▲ $12,287
Total Liabilities$75,782$88,069▲ $12,287
Net Assets / Fund Balance
Permanently Rstr Net Assets$648,768$674,176▲ $25,408
Unrestricted Net Assets$365,840$380,528▲ $14,688
Temporarily Rstr Net Assets$84,485$181,369▲ $96,884
Total Net Assets Fund Balance$1,099,093$1,236,073▲ $136,980
Total Liabilities and Net Assets / Fund Balance$1,174,875$1,324,142▲ $149,267
Compensation and Service Providers

Board Members and Trustees

NameTitle
John GagePresident
Dixie BerryDirector
Guy JonesDirector
Jeff SpringerDirector
Brad IsbellDirector-VP
Dee Dee PetersonDirector-VP
Joey LuttrullDirector-VP
John ReedDirector-VP
Jusin WaltonDirector-VP
Valerie FosterExecutive Director
Dennis DillonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$122,268
Program Service Revenue
$80,000
Investment Income
$36,640
Other Revenue
$26,939
All Other Contributions
$72,573
Change in Net Assets
$146,501

Audited Revenue Reconciliation

Revenue per Audited Statements
$265,847
Total Revenue per Audited Statements
$265,847
Total Revenue per Form 990
$265,847
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$82,150
Other Expenses$37,196
Total Fundraising Expense$13,230
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$74,750--$74,750
Grants to Domestic Individuals$7,400--$7,400
Information Technology$3,463$1,212$1,212$5,887
Fees for Services Accounting-$5,275-$5,275
Advertising--$4,017$4,017
Fees for Services Management-$3,543-$3,543
Office Expenses-$1,838$651$2,489
Fees for Services Other-$2,292-$2,292
Insurance-$1,857-$1,857
Other Expenses-$764$1,925$764
Conferences and Meetings-$522-$522
All Other Expenses-$225-$225
Total Functional Expenses$85,613$20,503$13,230$119,346

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$119,346
Total Expenses per Audited Statements$119,346
Total Expenses per Form 990$119,346
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sanger ISDSanger, TX-Educational Grants$74,750
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,421
Fundraising Direct Expenses$10,482
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$87,116$37,421$4,125$33,296
Total Events$87,116$37,421$10,482$26,939
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
2020-07-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
35

Preparer

Firm
Hankins Eastup Deaton Tonn & Seay
Address
902 N LOCUST ST, DENTON, TX 76201
Preparer
Dan Tonn
Phone
9403878563
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-9521
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt024785
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt0651
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01838
IRS990/OfficeExpensesGrp/TotalAmt02489
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/Desc1Credit Card Fees
IRS990/OtherExpensesGrp/Desc2Supplies
IRS990/OtherExpensesGrp/Desc3Telephone
IRS990/OtherExpensesGrp/FundraisingAmt05425
IRS990/OtherExpensesGrp/FundraisingAmt11925
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0132
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12843
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2764
IRS990/OtherExpensesGrp/TotalAmt05557
IRS990/OtherExpensesGrp/TotalAmt12843
IRS990/OtherExpensesGrp/TotalAmt21925
IRS990/OtherExpensesGrp/TotalAmt3764
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0648768
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0674176
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CTE PROGRAM SUPPORT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt080000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt080000
IRS990/ProgSrvcAccomActy2Grp/Desc0District CTE Program Support
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt011800
IRS990/ProgSrvcAccomActy2Grp/GrantAmt011800
IRS990/ProgSrvcAccomActy3Grp/Desc0Student Scholarships - scholarships for outgoing senior students.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010863
IRS990/ProgSrvcAccomActy3Grp/GrantAmt07400
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0183187
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt093152
IRS990/PYInvestmentIncomeAmt030049
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt024240
IRS990/PYOtherRevenueAmt016865
IRS990/PYRevenuesLessExpensesAmt0112709
IRS990/PYTotalExpensesAmt0117392
IRS990/PYTotalRevenueAmt0230101
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0146501
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0102308
IRS990/SavingsAndTempCashInvstGrp/EOYAmt026058
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0122268
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0183187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0228528
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0128283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0110001
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0772267
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt018516
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030049
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt011578
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09457
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt033396
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0102996
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0106939
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt016865
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt014760
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt019095
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt022191
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0179850
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73190
IRS990ScheduleA/PublicSupportPY170Pct00.79810
IRS990ScheduleA/PublicSupportTotal170Amt0772267
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0122268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0183187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0228528
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0128283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0110001
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0772267
IRS990ScheduleA/TotalSupportAmt01055113
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/ExpensesSubtotalAmt0119346
IRS990ScheduleD/RevenueSubtotalAmt0265847
IRS990ScheduleD/TotalExpensesPerForm990Amt0119346
IRS990ScheduleD/TotalRevenuePerForm990Amt0265847
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0265847
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0119346
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt049695
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt049695
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010482
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01500
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01500
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Annual Gala
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt02136
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt02136
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt087116
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt087116

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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • $1M-$5M nonprofits