Civic Intelligence

Foundation for a Globally Competitive Texas

990EZ • Fiscal year 2011 • EIN 20-5645189

Jan 01, 2011 to Dec 31, 2011 • Filed on May 08, 2012

Organization Profiletxblc.org/foundation-globally-competitive-Tex
515 Congress Avenue78701
Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2011

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2011

Net Margin

3rd percentile

-224%

Higher net margin than 3% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

5th percentile

-77%

Faster asset growth than 5% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Revenue Growth

8th percentile

-58%

Faster revenue growth than 8% of similar nonprofits.

2011 filings • 501(c)3 • <$500k nonprofits • Annualized from 2010 to 2011

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$15,926

Down $52,835 (-77%) from 2010

Net Assets

Down

$15,926

Down $52,835 (-77%) from 2010

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin3rd percentile

Revenue

Down

$23,540

Down $32,179 (-58%) from 2010

Expenses

Up

$76,375

Up $28,234 (+59%) from 2010

Net Income

Down

-$52,835

Down $60,413 (-797%) from 2010

Historical Trend

Balance Sheet Trend

Asset Growth5th percentile

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

$600K$400K$200K$0Assets 2010: $68,761Net Assets 2010: $68,7612010Assets 2011: $15,926Net Assets 2011: $15,9262011Assets 2012: $25,258Net Assets 2012: $25,2582012Assets 2013: $35,342Net Assets 2013: $35,3422013Assets 2014: $53,006Net Assets 2014: $53,0062014Assets 2015: $64,201Net Assets 2015: $64,2012015Assets 2016: $16,002Net Assets 2016: $16,0022016Assets 2017: $13,365Liabilities 2017: $02017Assets 2018: $21,253Net Assets 2018: $21,2532018Assets 2019: $37,112Liabilities 2019: $02019Assets 2020: $42,680Net Assets 2020: $42,6802020Assets 2021: $118,951Liabilities 2021: $0Net Assets 2021: $118,9512021Assets 2022: $89,794Liabilities 2022: $0Net Assets 2022: $89,7942022Assets 2023: $55,510Liabilities 2023: $0Net Assets 2023: $55,5102023Assets 2024: $425,463Liabilities 2024: $0Net Assets 2024: $425,4632024

Highlighted filing

2011

Assets$15,926
Liabilities-
Net Assets$15,926
Open 2011 Filing

Operations Trend

Revenue Growth8th percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $55,719Expenses 2010: $48,141Net Income 2010: $7,5782010Revenue 2011: $23,540Expenses 2011: $76,375Net Income 2011: -$52,8352011Revenue 2012: $91,162Expenses 2012: $81,830Net Income 2012: $9,3322012Revenue 2013: $20,000Expenses 2013: $9,916Net Income 2013: $10,0842013Revenue 2014: $30,100Expenses 2014: $12,436Net Income 2014: $17,6642014Revenue 2015: $25,000Expenses 2015: $13,805Net Income 2015: $11,1952015Revenue 2016: $28,640Expenses 2016: $76,839Net Income 2016: -$48,1992016Revenue 2017: $54,095Expenses 2017: $56,732Net Income 2017: -$2,6372017Revenue 2018: $99,598Expenses 2018: $91,710Net Income 2018: $7,8882018Revenue 2019: $85,670Expenses 2019: $69,811Net Income 2019: $15,8592019Revenue 2020: $130,000Expenses 2020: $124,432Net Income 2020: $5,5682020Revenue 2021: $294,946Expenses 2021: $218,675Net Income 2021: $76,2712021Revenue 2022: $118,250Expenses 2022: $147,407Net Income 2022: -$29,1572022Revenue 2023: $205,381Expenses 2023: $239,665Net Income 2023: -$34,2842023Revenue 2024: $633,473Expenses 2024: $263,520Net Income 2024: $369,9532024

Highlighted filing

2011

Revenue$23,540
Expenses$76,375
Net Income-$52,835
Open 2011 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
May 8, 2012
Return Version
2011v1.2
Mission and Program Overview

Mission

The Foundation for a Globally Competitive Texas was created by Texas business leaders in 2006 to facilitate the growth of a prosperous Texas in a globally competitive business environment. The purpose of the Foundation is to advise our state and national policy makers on issues critical to Texas economic growth with timely and fact based information.

Filing and Contact Details

Filer

EIN
20-5645189
Raw XML Appendix194 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
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode478701
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition01.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition11.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition21.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition31.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition41.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0Richard Weekley
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1Bernie Francis
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2Justin Yancy
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3Colleen McHugh
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4Woody Hunt
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0Board Member
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1Board Member
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4President
IRS990EZ/OperatingSchool0false
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc0false
IRS990EZ/OrganizationFiled990T0false
IRS990EZ/OrganizationHadUBI0false
IRS990EZ/OtherExpensesTotal040222
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0Academic research
IRS990EZ/PrintingPublicationsPostage0453
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0The Excellence in Education Foundation was created by a group of Texas business leaders to provide academic research in the areas of public education and public higher education.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom1Provide academic research to address Texas higher education reform in terms of keeping Texas globally competitive through college access, research and affordability.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom2Provide and coordinate academic research in the area of public education specific to providing pathways for all Texas high school graduates to be career or college ready.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations029551
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations145992
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses010000
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses125000
IRS990EZ/ProhibitedTaxShelterTrans0false
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IRS990EZ/SubjectToProxyTax0false
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IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10515 Congress Avenue Suite 1780
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0Austin
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0TX
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode078701
IRS990EZ/TheBooksAreInCareOf/NamePerson0Diane L Norman
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber05124810525
IRS990EZ/TotalAssets/BOY068761
IRS990EZ/TotalAssets/EOY015926
IRS990EZ/TotalExpenses076375
IRS990EZ/TotalProgramServiceExpenses075543
IRS990EZ/TotalRevenue023540
IRS990EZ/TransactionWithControlEntity0false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg0false
IRS990EZ/WebSite0N/A
IRS990ScheduleA/AmountsSubstContributorsTotal0405729
IRS990ScheduleA/FactsAndCircumstancesTest0Part II, Line 17a--Excellence in Education Foundation ("EEF") submits that throughout its existence to date and in the future, it qualifies as a public charity under Internal Revenue Code 509(a)(1) by satisfying the requirements of Treasury Regulations 1.170A-9(e)(3) as follows:(i). Ten Percent Test: EEF has historically, and normally can be expected to in the future, received over 10% of its total support from the general public; the ratio for the past five years was approximately 30%. (ii). Attraction of Public Support: EEF was formed in 2006 and has slowly but steadily expanded its list of donors. EEF's fundraising efforts are always open and we look for a wide variety of people and organizations to support our research. As EEF works to demonstrate to contributors how funds are being used to provide research, data and other timely information to the leadership of the state, as well as, public stakeholders, the public support is expected to grow.(iii). Percentage of Financial Support: EEF received approximately 30% of its total support from public sources during the past five years and can reasonably expect that ratio to be sustained in the future. (iv). Sources of Support: EEF receives its support from a representative number of foundations and individuals, rather than the members of a single family or small group of individuals. EEF has to date received gifts from over 27 contributors. During the current fiscal year, several new pledges of support have been received. (v) Representative Governing Body: EEF's governing body is composed of 5 civic and business leaders. Our board, albeit small, is representative of interests relevant to our mission. (vi). Availability of Facilities or Services and Public Participation: EEF is designed to support research and education (public awareness) in the areas of public and higher education. We are involved with public policy and provide research to state task forces and commissions (in the area of education) as appropriate.CONCLUSION: EEF believes it qualifies as a publicly supported charity described in IRC 509(a)(1) pursuant to the facts and circumstances test found in Treasury Regulation 1.170A-9(e)(3). EEF has and will receive well in excess of ten percent (10%) of its total support from qualifying public sources. It indirectly serves all of the school children attending public schools in the United States through its efforts to research and educate about public education. EEF is governed by a public board and possesses all the characteristics that describe organizations that meet this test. Most significantly, EEF is organized and operates to pursue uniquely public purposes, the betterment of public schools. As a result, EEF actively seeks public input and support and responds solely to public needs.
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYear023540
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus1Year055719
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus3Years01000
IRS990ScheduleA/GiftsGrantsContribReceived170/CurrentTaxYearMinus4Years0497000
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IRS990ScheduleA/Total170/CurrentTaxYearMinus3Years01000
IRS990ScheduleA/Total170/CurrentTaxYearMinus4Years0497000
IRS990ScheduleA/Total170/Total0577259
IRS990ScheduleA/TotalSupport0577259
IRS990ScheduleA/ValueSrvcFcltsFurnishedByGovt/Total00
IRS990ScheduleB/ContributorInfo/AggregateContributions0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/GeneralExplanation/Explanation0Fundraising $48
IRS990ScheduleO/GeneralExplanation/Explanation1Education $953
IRS990ScheduleO/GeneralExplanation/Explanation2Coalition expenses $1114
IRS990ScheduleO/GeneralExplanation/Explanation3Academic Research $35990
IRS990ScheduleO/GeneralExplanation/Explanation4Conferences, Conventions, and Meetings $1075
IRS990ScheduleO/GeneralExplanation/Explanation5Travel $670
IRS990ScheduleO/GeneralExplanation/Explanation6Office Expenses $372
IRS990ScheduleO/GeneralExplanation/Explanation7Class of Activity: Higher education summit | Donee's Name: Texas Association of Business Foundation | Donee's Address: 1209 Nueces Street Austin, TX 78701 | Cash Amount Given: $10000
IRS990ScheduleO/GeneralExplanation/Explanation8Class of Activity: Public education research | Donee's Name: Texas Institute for Education Reform | Donee's Address: 1209 Nueces Street Austin, TX 78701 | Cash Amount Given: $25000
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990-EZ, Part I, Line 16.5
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990-EZ, Part I, Line 16.2
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990-EZ, Part I, Line 16.1007
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990-EZ, Part I, Line 16.1005
IRS990ScheduleO/GeneralExplanation/Identifier6Form 990-EZ, Part I, Line 16.1002
IRS990ScheduleO/GeneralExplanation/Identifier7Form 990-EZ, Part I, Line 10.2
IRS990ScheduleO/GeneralExplanation/Identifier8Form 990-EZ, Part I, Line 10.1
IRS990ScheduleO/GeneralExplanation/ReturnReference0Other Expenses.5
IRS990ScheduleO/GeneralExplanation/ReturnReference1Other Expenses.3
IRS990ScheduleO/GeneralExplanation/ReturnReference2Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference3Other Expenses.1
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IRS990ScheduleO/GeneralExplanation/ReturnReference5Other Expenses.1005
IRS990ScheduleO/GeneralExplanation/ReturnReference6Other Expenses.1002
IRS990ScheduleO/GeneralExplanation/ReturnReference7Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/GeneralExplanation/ReturnReference8Grants and Similar Amounts Paid In Excess of $5,000.1
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0205645189
ReturnHeader/Filer/Name/BusinessNameLine10Excellence in Education Foundation
ReturnHeader/Filer/NameControl0EXCE
ReturnHeader/Filer/Phone05124810525
ReturnHeader/Filer/USAddress/AddressLine10515 Congress Avenue
ReturnHeader/Filer/USAddress/City0Austin
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode078701
ReturnHeader/Officer/AuthorizeThirdParty0true
ReturnHeader/Officer/DateSigned02012-05-08
ReturnHeader/Officer/Name0Justin Yancy
ReturnHeader/Officer/Title0Secretary
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10Blazek & Vetterling
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine102900 Weslayan Suite 200
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0Houston
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0TX
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode0770275132
ReturnHeader/Preparer/Name0Jody Blazek
ReturnHeader/Preparer/Phone07134395739
ReturnHeader/Preparer/SelfEmployed0X
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-01-01
ReturnHeader/TaxPeriodEndDate02011-12-31
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02012-05-08T07:59:09-07:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$15,926
Liabilities
-
Net assets
$15,926
Revenue
$23,540
Expenses
$76,375
Net income
-$52,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.25$0.00$4.25$6.33$2.64$3.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.00$0.56$2.05$2.40$0.34
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$1.18$1.47$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.00$1.19$2.95$2.19$0.76
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.43$1.30$1.24$0.06
2019Summary only. Only limited summary data is available for this year.$0.37$0.00$0.86$0.70$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.21$0.21$1.00$0.92$0.08
2017Summary only. Only limited summary data is available for this year.$0.13$0.00$0.54$0.57$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.16$0.29$0.77$0.48
2015Detailed filing. Detailed filing data is available for this year.$0.64$0.64$0.25$0.14$0.11
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.53$0.30$0.12$0.18
2013Detailed filing. Detailed filing data is available for this year.$0.35$0.35$0.20$0.10$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.25$0.25$0.91$0.82$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.16$0.24$0.76$0.53
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.69$0.69$0.56$0.48$0.08