Subsea Tieback Scholarship Fund

990EZ • Fiscal year 2015 • EIN 20-5841454

Jul 01, 2014 to Jun 30, 2015 • Filed on May 15, 2016

Organization Profile

5418 WoodburyFulshear, TX 77441

(713) 496-7044

Siviq Scores

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

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

2.2%

Higher net margin than 48% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

-3.9%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

-33%

Faster revenue growth than 16% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$105,962

Down $4,279 (-3.9%) from 2014

Net Assets

$105,962

Up $721 (+0.7%) from 2014

Liabilities

Down

Down $5,000 (-100%) from 2014

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin48th percentile

Revenue

Down

$32,678

Down $15,771 (-33%) from 2014

Expenses

Down

$31,957

Down $21,232 (-40%) from 2014

Net Income

$721

Up $5,461 (+115%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

Highlighted filing

2015

Assets$105,962

Liabilities$0

Net Assets$105,962

Open 2015 Filing

Operations Trend

Revenue Growth16th percentile

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

Highlighted filing

2015

Revenue$32,678

Expenses$31,957

Net Income$721

Open 2015 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2014 to Jun 30, 2015
Signed: May 15, 2016
Return Version: 2014v6.0
Gross Receipts: $88,750

Mission and Program Overview

Mission

The organization provides scholarships to students studying in the field of subsea engineering and related fields. The foundation also volunteers at career days and similar activities to introduce students to subsea engineering as a career choice.

Program Services

Description	Grants	Expenses
DONATIONS WERE MADE TO PROVIDE SCHOLARSHIPS FOR TEXAS A&M STUDENTS STUDYING COURSES IN THE FIELD OF SUBSEA ENGINEERING.	$12,000	$12,000
DONATIONS WERE MADE TO PROVIDE FUNDING FOR CAPSTONE PROJECT AT OHIO STATE UNIVERSITY. THE CAPSTONE PROJECT PROVIDES STUDENTS AN OPPORTUNITY TO WORK ON TEAMS ON REALISTIC PROBLEMS.	$12,000	$12,000
FUNDING WAS PROVIDED FOR EDUCATIONAL EXHIBITS AND PARTICIPATION IN SUBSEA RELATED CONFERENCES AND ROV DEVELOPMENT.	$1,140	$1,140

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
DON WELLS	President	PT	$0	-	-
BARRY BULLS	Events Chairman	-	$0	-	-
DAVID TAGHEHCHIAN	Education Co-Chair	PT	$0	-	-
RYAN KELLER	Education Co-Chair	PT	$0	-	-
PAT BOSTER	University Relations	-	$0	-	-
KATHERINE MACLEAN	Secretary	-	$0	-	-
BEN EWING	Treasurer	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
golf tournament	$29,550	$23,950	$2,338	$21,612
3 gun	$22,235	$18,105	$876	$17,229
Total Events	$86,250	$71,940	$56,072	$15,868

Filing and Contact Details

Filer

Filer Name: Subsea Tieback Scholarship Fund
EIN: 20-5841454
In Care Of: % B E EWING
Phone: 7134967044
Address: 5418 WOODBURY, FULSHEAR, TX 77441

Signing Officer

Name: Benjamin Early Ewing
Title: Treasurer
Phone: 2812933803
Signed: 2016-05-15
Discuss with paid preparer: Yes

Preparer

Firm: Eepb Pc
Address: 2950 NORTH LOOP W SUITE 1200, HOUSTON, TX 77092
Preparer: Nancy L Bailey
Phone: 7136220016

Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 10

“Donees name:texas a&m university donees address:bob randall college station, tx 77843-3136 relationship:none purpose of payment:to provide scholarships for students studying amount:8000”

Form 990EZ Part I Line 10

“DONEES NAME:The Ohio State University College of Engineering DONEES ADDRESS:1480 West Lane Ave Columbus, OH 43221 RELATIONSHIP:NONE PURPOSE OF PAYMENT:TO PROVIDE FUNDING FOR CAPSTONE PROJECT WHICH AMOUNT:12000”

Form 990EZ Part I Line 16

“Description:MISCELLANEOUS Amount:1491”

Form 990EZ Part I Line 16

“Description:GRANT OVERSIGHT Amount:338”

Form 990EZ Part I Line 16

“Description:WEBSITES Amount:375”

Form 990EZ Part II Line 26

“Description:PREPAID SPONSORSHIPS BOY Amount:5000 EOY Amount:”

Raw XML Appendix218 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	6	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	DON WELLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	BARRY BULLS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	DAVID TAGHEHCHIAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	RYAN KELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	PAT BOSTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	KATHERINE MACLEAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	6	BEN EWING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	EVENTS CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	EDUCATION CO-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	EDUCATION CO-CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	UNIVERSITY RELATIONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	6	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
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IRS990EZ/OtherExpensesTotalAmt	0	2844
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS STUDYING IN THE FIELD OF SUBSEA ENGINEERING AND RELATED FIELDS. THE FOUNDATION ALSO VOLUNTEERS AT CAREER DAYS AND SIMILAR ACTIVITIES TO INTRODUCE STUDENTS TO SUBSEA ENGINEERING AS A CAREER CHOICE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	DONATIONS WERE MADE TO PROVIDE SCHOLARSHIPS FOR TEXAS A&M STUDENTS STUDYING COURSES IN THE FIELD OF SUBSEA ENGINEERING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	FUNDING WAS PROVIDED FOR EDUCATIONAL EXHIBITS AND PARTICIPATION IN SUBSEA RELATED CONFERENCES AND ROV DEVELOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	2	DONATIONS WERE MADE TO PROVIDE FUNDING FOR CAPSTONE PROJECT AT OHIO STATE UNIVERSITY. THE CAPSTONE PROJECT PROVIDES STUDENTS AN OPPORTUNITY TO WORK ON TEAMS ON REALISTIC PROBLEMS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	12000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	1	1140
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	2	12000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	12000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	1140
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	2	12000
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	0
IRS990EZ/SpecialEventsDirectExpensesAmt	0	56072
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	15868
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	5000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	31957
IRS990EZ/TotalProgramServiceExpensesAmt	0	25140
IRS990EZ/TotalRevenueAmt	0	32678
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	16810
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IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	0
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IRS990ScheduleA/PublicSupportCY170Pct	0	0.49628
IRS990ScheduleA/PublicSupportCY509Pct	0	0.00000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	16810
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IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt	0	1083
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt	0	4950
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt	0	4130
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt	0	4580
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	56072
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	golf tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm	0	3 gun
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	29550
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt	0	22235
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DONEES NAME:TEXAS A&M UNIVERSITY DONEES ADDRESS:BOB RANDALL COLLEGE STATION, TX 77843-3136 RELATIONSHIP:NONE PURPOSE OF PAYMENT:TO PROVIDE SCHOLARSHIPS FOR STUDENTS STUDYING AMOUNT:8000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DONEES NAME:The Ohio State University College of Engineering DONEES ADDRESS:1480 West Lane Ave Columbus, OH 43221 RELATIONSHIP:NONE PURPOSE OF PAYMENT:TO PROVIDE FUNDING FOR CAPSTONE PROJECT WHICH AMOUNT:12000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Description:MISCELLANEOUS Amount:1491
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Description:GRANT OVERSIGHT Amount:338
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Description:WEBSITES Amount:375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	Description:PREPAID SPONSORSHIPS BOY Amount:5000 EOY Amount:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990EZ PART I LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990EZ PART I LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	4	FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	5	FORM 990EZ PART II LINE 26
ReturnHeader/BuildTS	0	2016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	BENJAMIN EARLY EWING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2812933803
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2016-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SUBSEA TIEBACK SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt	0	SUBS
ReturnHeader/Filer/EIN	0	205841454
ReturnHeader/Filer/InCareOfNm	0	% B E EWING
ReturnHeader/Filer/PhoneNum	0	7134967044
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	5418 WOODBURY
ReturnHeader/Filer/USAddress/CityNm	0	FULSHEAR
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TX
ReturnHeader/Filer/USAddress/ZIPCd	0	77441
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	EEPB PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	2950 NORTH LOOP W SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	77092
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7136220016
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2016-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	NANCY L BAILEY
ReturnHeader/ReturnTs	0	2016-05-09T13:46:58-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2014-07-01
ReturnHeader/TaxPeriodEndDt	0	2015-06-30
ReturnHeader/TaxYr	0	2014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $105,962
Liabilities: $0
Net assets: $105,962
Revenue: $32,678
Expenses: $31,957
Net income: $721

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.39	$0.00	$0.39	$0.00	$0.07	$0.07
2021Summary only. Only limited summary data is available for this year.	$0.47	$0.00		$0.00	$0.03	$0.03
2020Summary only. Only limited summary data is available for this year.	$0.51	$0.00		$0.25	$0.19	$0.06
2019Summary only. Only limited summary data is available for this year.	$0.44	$0.00		$0.00	$0.09	$0.09
2018Summary only. Only limited summary data is available for this year.	$0.51	$0.00		$0.08	$0.15	$0.07
2017Summary only. Only limited summary data is available for this year.	$0.58	$0.00		$0.14	$0.09	$0.05
2016Detailed filing. Detailed filing data is available for this year.	$0.53	$0.00	$0.53	$0.09	$0.62	$0.53
2015Detailed filing. Detailed filing data is available for this year.	$1.06	$0.00	$1.06	$0.33	$0.32	$0.01
2014Detailed filing. Detailed filing data is available for this year.	$1.10	$0.05	$1.05	$0.48	$0.53	$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.16	$0.06	$1.10	$0.43	$0.34	$0.09
2012Summary only. Only limited summary data is available for this year.	$1.01	$0.00		$0.53	$0.12	$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.82	$0.22	$0.60	$0.29	$0.31	$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.62	$0.00	$0.62	$0.28	$0.15	$0.13