Civic Intelligence

Wade Busby Memorial

990 • Fiscal year 2019 • EIN 20-8716151

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

PO Box 736Marion, TX 78124-0736

(830) 305-1252

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

80th percentile

25%

Higher net margin than 80% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

77th percentile

30%

Faster asset growth than 77% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

74th percentile

22%

Faster revenue growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$226,198

Up $51,555 (+30%) from 2018

Net Assets

Up

$226,198

Up $51,555 (+30%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$208,667

Up $37,817 (+22%) from 2018

Expenses

Down

$157,112

Down $27,978 (-15%) from 2018

Net Income

Up

$51,555

Up $65,795 (+462%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $91,381Liabilities 2010: $02010Assets 2011: $102,429Liabilities 2011: $02011Assets 2012: $102,368Liabilities 2012: $02012Assets 2013: $139,042Liabilities 2013: $02013Assets 2014: $184,972Liabilities 2014: $0Net Assets 2014: $184,9722014Assets 2015: $250,961Liabilities 2015: $0Net Assets 2015: $250,9612015Assets 2016: $223,126Liabilities 2016: $0Net Assets 2016: $223,1262016Assets 2017: $189,883Liabilities 2017: $0Net Assets 2017: $189,8832017Assets 2018: $174,643Liabilities 2018: $0Net Assets 2018: $174,6432018Assets 2019: $226,198Liabilities 2019: $0Net Assets 2019: $226,1982019Assets 2020: $298,788Liabilities 2020: $0Net Assets 2020: $298,7882020Assets 2021: $309,829Liabilities 2021: $0Net Assets 2021: $309,8292021Assets 2022: $315,889Liabilities 2022: $0Net Assets 2022: $315,8892022Assets 2023: $294,310Liabilities 2023: $0Net Assets 2023: $294,3102023Assets 2024: $362,253Liabilities 2024: $0Net Assets 2024: $362,2532024

Highlighted filing

2019

Assets$226,198
Liabilities$0
Net Assets$226,198

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2010: $86,695Expenses 2010: $67,590Net Income 2010: $19,1052010Revenue 2011: $100,589Expenses 2011: $89,541Net Income 2011: $11,0482011Revenue 2012: $95,517Expenses 2012: $95,578Net Income 2012: -$612012Revenue 2013: $131,522Expenses 2013: $94,848Net Income 2013: $36,6742013Revenue 2014: $165,494Expenses 2014: $119,564Net Income 2014: $45,9302014Revenue 2015: $231,032Expenses 2015: $165,043Net Income 2015: $65,9892015Revenue 2016: $193,633Expenses 2016: $221,468Net Income 2016: -$27,8352016Revenue 2017: $160,643Expenses 2017: $193,886Net Income 2017: -$33,2432017Revenue 2018: $170,850Expenses 2018: $185,090Net Income 2018: -$14,2402018Revenue 2019: $208,667Expenses 2019: $157,112Net Income 2019: $51,5552019Revenue 2020: $252,304Expenses 2020: $179,714Net Income 2020: $72,5902020Revenue 2021: $206,318Expenses 2021: $195,277Net Income 2021: $11,0412021Revenue 2022: $217,763Expenses 2022: $211,703Net Income 2022: $6,0602022Revenue 2023: $185,163Expenses 2023: $206,742Net Income 2023: -$21,5792023Revenue 2024: $260,528Expenses 2024: $192,585Net Income 2024: $67,9432024

Highlighted filing

2019

Revenue$208,667
Expenses$157,112
Net Income$51,555
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$409,907
Mission and Program Overview

Mission

Promote interest & support for youth agricultural activities through their participation in FFA and 4-H organizations

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$174,643$226,198▲ $51,555
Savings and Temporary Cash Investments$164,843$218,190▲ $53,347
Cash and Non-Interest-Bearing Accounts$9,800$8,008▼ $1,792
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$174,643$226,198▲ $51,555
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$174,643$226,198▲ $51,555
Total Liabilities and Net Assets / Fund Balance$174,643$226,198▲ $51,555
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark CerdaPresident
Lance BielkeVice President
Jonathan BowmanDirector
Robyn BusbyDirector
Laurie LeachSecretary
Darlene BusbyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$259,702
Program Service Revenue
$0
Investment Income
$440
Other Revenue
$-51,475
All Other Contributions
$149,766
Change in Net Assets
$51,555
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$157,112
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$157,112--$157,112
Total Functional Expenses$157,112$0$0$157,112
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$201,240
Fundraising Gross Income$149,765
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Casino Night$259,701$149,765$10,085$139,680
Total Events$259,701$149,765$51,475$98,290
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 2

| Employee:, Relationship:, Employee:| Lance Bielke, Family Relationship, Laurie Leach| Darlene Busby, Family Relationship, Robyn Busby|

Part VI, Section B, Line 11B

Return provided to organization officers and directors for individual review. Any questions are directed to the secretary / return preparer for resolution.

Part VI, Section C, Line 19

No document requests were received in 2019. Therefore, no documents were made available to the public.

Filing and Contact Details

Filer

Filer Name
Wade Busby Memorial
EIN
20-8716151
In Care Of
% Mark Cerda
Phone
8303051252
Address
PO BOX 736, MARION, TX 78124-0736

Signing Officer

Name
Laurie Leach
Title
Secretary
Phone
8303051252
Signed
2020-11-16
Discuss with paid preparer
No

Organization Details

Formed
2007
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
60
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0218190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0259702
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt094747
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0113202
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0119742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0120534
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0707927
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0440
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0378
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0298
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0252
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0224
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01592
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0130436
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0114978
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt095207
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0114840
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0151787
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0607248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0440
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0378
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0298
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0252
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01592
IRS990ScheduleA/InvestmentIncomeCYPct00.00121
IRS990ScheduleA/InvestmentIncomePYPct00.001
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.55661
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt0732927
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0125436
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0109978
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt090207
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0109840
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0146787
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0582248
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0125436
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0109978
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt090207
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0109840
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0146787
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0582248
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0390138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0209725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0208409
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0234582
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0272321
IRS990ScheduleA/Total509Grp/TotalAmt01315175
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0390578
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0210103
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0208707
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0234834
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0272545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01316767
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
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0109936
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0109936
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051475
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt018389
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt018389
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Casino Night
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt012799
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt012799
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0259701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0259701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0149765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0149765
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt098290
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02765
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt02765
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010085
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010085
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt07437
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt07437
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0157112
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Financial support to FFA and 4H member projects at livestock shows
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0617
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Recipients must be registered FFA and 4H members exhibiting projects for sale at qualifying youth livestock shows
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1| Type of grant or assistance:, Number of recipients:, How number of recipients was estimated?:| Financial support to FFA and 4H member projects at livestock shows, 617, Actual count|
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part III Column (b)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Employee:, Relationship:, Employee:| Lance Bielke, Family Relationship, Laurie Leach| Darlene Busby, Family Relationship, Robyn Busby|
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Return provided to organization officers and directors for individual review. Any questions are directed to the secretary / return preparer for resolution.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No document requests were received in 2019. Therefore, no documents were made available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StateRequiredReservesAmt00
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0174643
IRS990/TotalAssetsEOYAmt0226198
IRS990/TotalAssetsGrp/BOYAmt0174643
IRS990/TotalAssetsGrp/EOYAmt0226198
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0259702

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.62$0.00$3.62$2.61$1.93$0.68
2023Detailed filing. Detailed filing data is available for this year.$2.94$0.00$2.94$1.85$2.07$0.22
2022Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$2.18$2.12$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$2.06$1.95$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$2.52$1.80$0.73
2019Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$2.09$1.57$0.52
2018Summary only. Only limited summary data is available for this year.$1.75$0.00$1.75$1.71$1.85$0.14
2017Summary only. Only limited summary data is available for this year.$1.90$0.00$1.90$1.61$1.94$0.33
2016Summary only. Only limited summary data is available for this year.$2.23$0.00$2.23$1.94$2.21$0.28
2015Summary only. Only limited summary data is available for this year.$2.51$0.00$2.51$2.31$1.65$0.66
2014Summary only. Only limited summary data is available for this year.$1.85$0.00$1.85$1.65$1.20$0.46
2013Summary only. Only limited summary data is available for this year.$1.39$0.00$1.32$0.95$0.37
2012Summary only. Only limited summary data is available for this year.$1.02$0.00$0.96$0.96$0.00
2011Summary only. Only limited summary data is available for this year.$1.02$0.00$1.01$0.90$0.11
2010Summary only. Only limited summary data is available for this year.$0.91$0.00$0.87$0.68$0.19