Civic Intelligence

Manara Academy Inc.

990 • Fiscal year 2018 • EIN 20-5254172

Jul 01, 2017 to Jun 30, 2018 • Filed on May 03, 2019

Organization ProfileMANARAACADEMY.ORG
8001 Jetstar Dr No 100Irving, TX 75063

(972) 304-1155

Siviq Scores

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

Liabilities / Assets

88th percentile

0.86x

Higher debt load relative to assets than 88% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

81st percentile

0.99x

Higher debt load relative to revenue than 81% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

23rd percentile

-5.7%

Higher net margin than 23% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

61st percentile

$147,244

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

52nd percentile

2.2%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

47th percentile

2.9%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets88th percentile

Assets

Up

$9,589,479

Up $208,714 (+2.2%) from 2017

Net Assets

Down

$1,335,284

Down $473,003 (-26%) from 2017

Liabilities

Up

$8,254,195

Up $681,717 (+9.0%) from 2017

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin23rd percentile

Revenue

Up

$8,345,953

Up $234,617 (+2.9%) from 2017

Expenses

Up

$8,818,956

Up $563,335 (+6.8%) from 2017

Net Income

Down

-$473,003

Down $328,718 (-228%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$10M$5.0M$0Assets 2011: $898,370Liabilities 2011: $256,740Net Assets 2011: $641,6302011Assets 2012: $1,427,863Liabilities 2012: $277,359Net Assets 2012: $1,150,5042012Assets 2013: $1,562,777Liabilities 2013: $252,652Net Assets 2013: $1,310,1252013Assets 2014: $5,343,867Liabilities 2014: $3,583,196Net Assets 2014: $1,760,6712014Assets 2015: $9,547,936Liabilities 2015: $7,708,923Net Assets 2015: $1,839,0132015Assets 2016: $9,389,854Liabilities 2016: $7,437,282Net Assets 2016: $1,952,5722016Assets 2017: $9,380,765Liabilities 2017: $7,572,478Net Assets 2017: $1,808,2872017Assets 2018: $9,589,479Liabilities 2018: $8,254,195Net Assets 2018: $1,335,2842018Assets 2019: $9,348,003Liabilities 2019: $8,138,829Net Assets 2019: $1,209,1742019Assets 2020: $8,906,007Liabilities 2020: $6,850,535Net Assets 2020: $2,055,4722020Assets 2021: $8,798,119Liabilities 2021: $5,914,286Net Assets 2021: $2,883,8332021Assets 2022: $5,781,314Liabilities 2022: $1,235,704Net Assets 2022: $4,545,6102022Assets 2023: $6,356,243Liabilities 2023: $1,835,081Net Assets 2023: $4,521,1622023Assets 2024: $6,526,178Liabilities 2024: $1,384,870Net Assets 2024: $5,141,3082024Assets 2025: $7,590,388Liabilities 2025: $2,365,977Net Assets 2025: $5,224,4112025

Highlighted filing

2018

Assets$9,589,479
Liabilities$8,254,195
Net Assets$1,335,284
Open 2018 Filing

Operations Trend

Revenue Growth47th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $3,427,954Expenses 2011: $2,803,261Net Income 2011: $624,6932011Revenue 2012: $3,633,699Expenses 2012: $3,017,724Net Income 2012: $615,9752012Revenue 2013: $4,033,403Expenses 2013: $3,827,892Net Income 2013: $205,5112013Revenue 2014: $4,543,677Expenses 2014: $4,093,153Net Income 2014: $450,5242014Revenue 2015: $6,101,943Expenses 2015: $6,023,601Net Income 2015: $78,3422015Revenue 2016: $7,784,756Expenses 2016: $7,671,197Net Income 2016: $113,5592016Revenue 2017: $8,111,336Expenses 2017: $8,255,621Net Income 2017: -$144,2852017Revenue 2018: $8,345,953Expenses 2018: $8,818,956Net Income 2018: -$473,0032018Revenue 2019: $8,661,631Expenses 2019: $8,787,741Net Income 2019: -$126,1102019Revenue 2020: $7,850,701Expenses 2020: $7,004,403Net Income 2020: $846,2982020Revenue 2021: $7,313,954Expenses 2021: $6,485,593Net Income 2021: $828,3612021Revenue 2022: $9,235,633Expenses 2022: $7,573,856Net Income 2022: $1,661,7772022Revenue 2023: $6,560,183Expenses 2023: $6,584,631Net Income 2023: -$24,4482023Revenue 2024: $8,096,389Expenses 2024: $7,476,243Net Income 2024: $620,1462024Revenue 2025: $8,657,268Expenses 2025: $8,531,157Net Income 2025: $126,1112025

Highlighted filing

2018

Revenue$8,345,953
Expenses$8,818,956
Net Income-$473,003
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 3, 2019
Return Version
2017v2.3
Gross Receipts
$8,345,953
Mission and Program Overview

Mission

Manara academy will provide students with a creative, adaptive and ethical environment to prepare them to become future leaders of the society. Provide high academic achievement. Firm command of a foreign language. Address the needs of students, their families and their communities by building on the strengths of students' cultural heritage and life experiences to enable them to become successful.

It is our vision to be the pinnacle of knowledge, character, ethics, and community building.(a) teach children to be cognitive, analytical, creative and enthusiastic lifelong learners.(b) teachers are role-models for their students.(c) parents are role-models for their children.(d) senior students are role-models for younger ones.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,493,839$7,312,742▼ $181,097
Pledges and Grants Receivable$1,027,418$1,202,672▲ $175,254
Cash and Non-Interest-Bearing Accounts$598,410$770,711▲ $172,301
Prepaid Expenses and Deferred Charges$4,295$59,606▲ $55,311
Accounts Receivable$1,173--
Total Assets$9,380,765$9,589,479▲ $208,714
Other Assets Total$255,630$243,748▼ $11,882
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,951,873$7,441,477▲ $489,604
Accounts Payable and Accrued Expenses$606,831$810,998▲ $204,167
Unsecured Notes Loans Payable$12,000--
Deferred Revenue$1,774$1,720▼ $54
Total Liabilities$7,572,478$8,254,195▲ $681,717
Net Assets / Fund Balance
Unrestricted Net Assets$1,609,309$1,301,385▼ $307,924
Temporarily Rstr Net Assets$198,978$33,899▼ $165,079
Total Net Assets Fund Balance$1,808,287$1,335,284▼ $473,003
Total Liabilities and Net Assets / Fund Balance$9,380,765$9,589,479▲ $208,714

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,774,284$988,314$5,762,598
Land$2,269,354-$2,269,354
Equipment$269,104$402,028$671,132
Compensation and Service Providers
Top Officer Pay61st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Fred ClarkeSuperintendentFT$139,963$7,281$147,244

Board Members and Trustees

NameTitle
Dr Ehap SabriPresident/director
Dr Ali ShaqlaihDirector
Larry BestDirector
Naveed ShariffDirector
Samira IssiouiDirector
Jaszeer MohammedSecretary/director
Debbie RichTreasurer/director
Sadak ShaikVice-pres/director

Highest Paid Contractors

ContractorServicesLocationCompensation
Twelve Oaks CateringFood Service10875 SHADY TRAIL, Dallas, TX 75220$182,170
Revenue and Support

Revenue Composition

Contributions and Grants
$8,216,571
Program Service Revenue
$74,392
Investment Income
$0
Other Revenue
$54,990
All Other Contributions
$26,134
Change in Net Assets
$-473,003

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,345,953
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,345,953
Total Revenue per Form 990
$8,345,953
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,844,230
Other Expenses$2,974,726
Total Fundraising Expense$25,289
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$5,077,034$136,366$25,289$5,238,689
Occupancy$1,471,265$80,143-$1,551,408
Depreciation Depletion$301,714--$301,714
Interest$282,479--$282,479
Other Employee Benefits$218,921$11,291-$230,212
Information Technology$172,214--$172,214
Pension Plan Contributions$152,179$9,232-$161,411
Current Officers, Directors, Trustees, and Key Employees-$139,963-$139,963
Payroll Taxes$70,001$3,954-$73,955
Travel$54,130$1,426-$55,556
Insurance$51,269--$51,269
Other Expenses$36,169$7,742-$36,169
Fees for Services Other$17,599$15,437-$33,036
Fees for Services Accounting-$14,960-$14,960
Fees for Services Legal$9,053--$9,053
Total Functional Expenses$8,353,323$440,344$25,289$8,818,956

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,818,956
Total Expenses per Audited Statements$8,818,956
Total Expenses per Form 990$8,818,956
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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, Section B, Line 11B

“Form 990 is prepared by outside accountants and reviewed by management. The report is signed by a member of management and provided to the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The policy is reviewed annually in the governance forms submitted to the state of texas every fall.”

Form 990, Part VI, Section B, Line 15A

“There is a review of financial, and educational audits that are provided by texas education agency (tea) including ceo compensation.”

Form 990, Part VI, Section C, Line 19

“All policies and financial statements are provided to the texas education agency. The texas education agency posts an electronic copy of the audited financial statements on its website for public review.”

Filing and Contact Details

Filer

Filer Name
Manara Academy Inc
EIN
20-5254172
Phone
9723041155
Address
8001 JETSTAR DR NO 100, IRVING, TX 75063

Signing Officer

Name
Debbie Rich
Title
Treasurer
Phone
9723041155
Signed
2019-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ehap Sabri
Formed
2006
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
174
Volunteers
148

Preparer

Firm
Judd Thomas Smith & Co Pc
Address
12222 MERIT DR SUITE 1900, DALLAS, TX 75251
Preparer
Andrew J Moore
Phone
9726615872
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The independent members of the governing board assume responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”

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IRS990/MissionDesc0MANARA ACADEMY WILL PROVIDE STUDENTS WITH A CREATIVE, ADAPTIVE AND ETHICAL ENVIRONMENT TO PREPARE THEM TO BECOME FUTURE LEADERS OF THE SOCIETY. PROVIDE HIGH ACADEMIC ACHIEVEMENT. FIRM COMMAND OF A FOREIGN LANGUAGE. ADDRESS THE NEEDS OF STUDENTS, THEIR FAMILIES AND THEIR COMMUNITIES BY BUILDING ON THE STRENGTHS OF STUDENTS' CULTURAL HERITAGE AND LIFE EXPERIENCES TO ENABLE THEM TO BECOME SUCCESSFUL.
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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06951873
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt07441477
IRS990/NetAssetsOrFundBalancesBOYAmt01808287
IRS990/NetAssetsOrFundBalancesEOYAmt01335284
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt054990
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt054990
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt080143
IRS990/OccupancyGrp/ProgramServicesAmt01471265
IRS990/OccupancyGrp/TotalAmt01551408
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0255630
IRS990/OtherAssetsTotalGrp/EOYAmt0243748
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011291
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0218921
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0230212
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1GENERAL SUPPLIES
IRS990/OtherExpensesGrp/Desc2TUITION AND RELATED FEE
IRS990/OtherExpensesGrp/Desc3INSTRUCTIONAL SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019830
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17742
IRS990/OtherExpensesGrp/ProgramServicesAmt0218549
IRS990/OtherExpensesGrp/ProgramServicesAmt1192200
IRS990/OtherExpensesGrp/ProgramServicesAmt228547
IRS990/OtherExpensesGrp/ProgramServicesAmt336169
IRS990/OtherExpensesGrp/TotalAmt0218549
IRS990/OtherExpensesGrp/TotalAmt1212030
IRS990/OtherExpensesGrp/TotalAmt236289
IRS990/OtherExpensesGrp/TotalAmt336169
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03954
IRS990/PayrollTaxesGrp/ProgramServicesAmt070001
IRS990/PayrollTaxesGrp/TotalAmt073955
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt09232
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0152179
IRS990/PensionPlanContributionsGrp/TotalAmt0161411
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01027418
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01202672
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04295
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt059606
IRS990/PrincipalOfficerNm0EHAP SABRI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0SCHOOL FEES
IRS990/ProgramServiceRevenueGrp/Desc1FOOD SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt062334
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112058
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt062334
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112058
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt07906394
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt02887221
IRS990/PYOtherRevenueAmt074834
IRS990/PYProgramServiceRevenueAmt0130108
IRS990/PYRevenuesLessExpensesAmt0-144285
IRS990/PYSalariesCompEmpBnftPaidAmt05368400
IRS990/PYTotalExpensesAmt08255621
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08111336
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-473003
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt054990
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt074392
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt04774284
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0988314
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05762598
IRS990ScheduleD/EquipmentGrp/BookValueAmt0269104
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0402028
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0671132
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt08818956
IRS990ScheduleD/LandGrp/BookValueAmt02269354
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02269354
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08345953
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07312742
IRS990ScheduleD/TotalExpensesPerForm990Amt08818956
IRS990ScheduleD/TotalRevenuePerForm990Amt08345953
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08345953
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08818956
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/ExplanationTxt0POSTED ON THE SCHOOL WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1MANARA ACADEMY, INC. OPERATES AS A PUBLIC CHARTER SCHOOL IN TEXAS AND, AS SUCH, RECEIVES REVENUE FROM THE TEXAS EDUCATION AGENCY AND RELATED STATE AND FEDERAL AGENCIES AS ENTITLEMENTS AND/OR GRANTS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY MANAGEMENT. THE REPORT IS SIGNED BY A MEMBER OF MANAGEMENT AND PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY IS REVIEWED ANNUALLY IN THE GOVERNANCE FORMS SUBMITTED TO THE STATE OF TEXAS EVERY FALL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS A REVIEW OF FINANCIAL, AND EDUCATIONAL AUDITS THAT ARE PROVIDED BY TEXAS EDUCATION AGENCY (TEA) INCLUDING CEO COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED TO THE TEXAS EDUCATION AGENCY. THE TEXAS EDUCATION AGENCY POSTS AN ELECTRONIC COPY OF THE AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE FOR PUBLIC REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE INDEPENDENT MEMBERS OF THE GOVERNING BOARD ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0198978
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt033899
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt09380765
IRS990/TotalAssetsEOYAmt09589479
IRS990/TotalAssetsGrp/BOYAmt09380765
IRS990/TotalAssetsGrp/EOYAmt09589479
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt08216571
IRS990/TotalEmployeeCnt0174
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt025289
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0440344
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08353323
IRS990/TotalFunctionalExpensesGrp/TotalAmt08818956
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07572478
IRS990/TotalLiabilitiesEOYAmt08254195
IRS990/TotalLiabilitiesGrp/BOYAmt07572478
IRS990/TotalLiabilitiesGrp/EOYAmt08254195
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01808287
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01335284
IRS990/TotalOtherCompensationAmt07281
IRS990/TotalProgramServiceExpensesAmt08353323
IRS990/TotalProgramServiceRevenueAmt074392
IRS990/TotalReportableCompFromOrgAmt0139963
IRS990/TotalRevenueGrp/ExclusionAmt054990
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt074392
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt08345953
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0148
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09380765
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt09589479
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01426
IRS990/TravelGrp/ProgramServicesAmt054130
IRS990/TravelGrp/TotalAmt055556
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01609309
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01301385
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt012000
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08001 JETSTAR DR NO 100
IRS990/USAddress/CityNm0IRVING
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075063
IRS990/VotingMembersGoverningBodyCnt07

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,589,479
Liabilities
$8,254,195
Net assets
$1,335,284
Revenue
$8,345,953
Expenses
$8,818,956
Net income
-$473,003
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.59$2.37$5.22$8.66$8.53$0.13
2024Detailed filing. Detailed filing data is available for this year.$6.53$1.38$5.14$8.10$7.48$0.62
2023Detailed filing. Detailed filing data is available for this year.$6.36$1.84$4.52$6.56$6.58$0.02
2022Detailed filing. Detailed filing data is available for this year.$5.78$1.24$4.55$9.24$7.57$1.66
2021Detailed filing. Detailed filing data is available for this year.$8.80$5.91$2.88$7.31$6.49$0.83
2020Detailed filing. Detailed filing data is available for this year.$8.91$6.85$2.06$7.85$7.00$0.85
2019Detailed filing. Detailed filing data is available for this year.$9.35$8.14$1.21$8.66$8.79$0.13
2018Detailed filing. Detailed filing data is available for this year.$9.59$8.25$1.34$8.35$8.82$0.47
2017Detailed filing. Detailed filing data is available for this year.$9.38$7.57$1.81$8.11$8.26$0.14
2016Detailed filing. Detailed filing data is available for this year.$9.39$7.44$1.95$7.78$7.67$0.11
2015Detailed filing. Detailed filing data is available for this year.$9.55$7.71$1.84$6.10$6.02$0.08
2014Summary only. Only limited summary data is available for this year.$5.34$3.58$1.76$4.54$4.09$0.45
2013Summary only. Only limited summary data is available for this year.$1.56$0.25$1.31$4.03$3.83$0.21
2012Summary only. Only limited summary data is available for this year.$1.43$0.28$1.15$3.63$3.02$0.62
2011Summary only. Only limited summary data is available for this year.$0.90$0.26$0.64$3.43$2.80$0.62