Civic Intelligence

The Sarofim Foundation

990PF • Fiscal year 2014 • EIN 23-7065248

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 15, 2014

PO Box 52830Suite77052-2830

(713) 654-4484

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

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

2014 filings • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

19th percentile

0.00x

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

2014 filings • $5M-$10M nonprofits • Source year 2014

Net Margin

7th percentile

-60%

Higher net margin than 7% of similar nonprofits.

2014 filings • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

26th percentile

$0

Higher top officer pay than 26% of similar nonprofits.

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

2014 filings • $5M-$10M nonprofits • Source year 2014

Asset Growth

13th percentile

-6.1%

Faster asset growth than 13% of similar nonprofits.

2014 filings • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$8,884,219

Down $581,717 (-6.1%) from 2013

Net Assets

Down

$8,884,219

Down $581,717 (-6.1%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$968,528

No earlier filing loaded for comparison.

Expenses

Up

$1,550,245

Up $701,733 (+83%) from 2013

Net Income

-$581,717

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2012: $9,436,442Liabilities 2012: $0Net Assets 2012: $9,436,4422012Assets 2013: $9,465,936Liabilities 2013: $0Net Assets 2013: $9,465,9362013Assets 2014: $8,884,219Liabilities 2014: $0Net Assets 2014: $8,884,2192014Assets 2015: $8,313,534Liabilities 2015: $0Net Assets 2015: $8,313,5342015Assets 2017: $8,785,812Liabilities 2017: $0Net Assets 2017: $8,785,8122017Assets 2018: $8,622,604Liabilities 2018: $0Net Assets 2018: $8,622,6042018Assets 2019: $8,703,551Liabilities 2019: $0Net Assets 2019: $8,703,5512019Assets 2020: $8,347,569Liabilities 2020: $0Net Assets 2020: $8,347,5692020Assets 2021: $8,225,415Liabilities 2021: $0Net Assets 2021: $8,225,4152021Assets 2022: $28,099,480Liabilities 2022: $0Net Assets 2022: $28,099,4802022

Highlighted filing

2014

Assets$8,884,219
Liabilities$0
Net Assets$8,884,219

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2012: $778,2182012Expenses 2013: $848,5122013Revenue 2014: $968,528Expenses 2014: $1,550,245Net Income 2014: -$581,7172014Revenue 2015: $1,008,591Expenses 2015: $1,579,276Net Income 2015: -$570,6852015Revenue 2017: $1,848,530Expenses 2017: $1,572,774Net Income 2017: $275,7562017Revenue 2018: $1,599,431Expenses 2018: $1,744,253Net Income 2018: -$144,8222018Revenue 2019: $1,915,074Expenses 2019: $1,818,227Net Income 2019: $96,8472019Revenue 2020: $1,540,523Expenses 2020: $1,877,467Net Income 2020: -$336,9442020Revenue 2021: $1,739,610Expenses 2021: $1,846,477Net Income 2021: -$106,8672021Revenue 2022: $21,865,705Expenses 2022: $1,967,588Net Income 2022: $19,898,1172022

Highlighted filing

2014

Revenue$968,528
Expenses$1,550,245
Net Income-$581,717
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 15, 2014
Return Version
2013v3.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
FAYEZ SAROFIMTrustee-$0--
CHRISTOPHER B SAROFIMTrustee-$0--
RAYE G WHITETrustee-$0--
Filing and Contact Details

Filer

EIN
23-7065248
In Care Of
% FAYEZ SAROFIM
Phone
7136544484

Signing Officer

Name
Fayez Sarofim
Title
Trustee
Phone
7136544484
Signed
2014-12-15
Discuss with paid preparer
Yes

Preparer

Preparer
John M Ratcliff
Phone
7136544484
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IRS990PF/SummaryOfDirectChrtblActyGrp/Description1Txt0THE FOUNDATION HAD NO DIRECT CHARITABLE ACTIVITIES DURING THE TAXABLE YEAR.
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0UPON RECEIPT OF REQUEST, FOUNDATION REQUIRES APPLICANT TO FURNISH SPECIFIED INFORMATION SET FORTH IN A CHECKLIST. IF THE REQUEST IS APPROVED, APPLICANT WILL ALSO HAVE TO EXECUTE A LETTER AGREEMENT THAT CONFIRMS USE OF GRANT FUNDS AND APPLICANT'S NON PRIVATE FOUNDATION STATUS.
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IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0THE FOUNDATION WILL NOT MAKE GRANTS TO OTHER PRIVATE FOUNDATIONS, AND IT WILL NOT MAKE GRANTS TO SUPPORT SCHOLARSHIP PROGRAMS.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0NO DEADLINE, BUT REQUESTS SHOULD BE SUBMITTED TAKING INTO ACCOUNT THE REQUIREMENT THAT THE APPLICANT
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0ANNUAL FUND
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1TEXAS CHILDREN'S CANCER CENTER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2INSTITUTE FOR COMPUTATIONAL ENGINEERING AND SCIENCES
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine10ST GEORGE'S SCHOOL
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientBusinessName/BusinessNameLine12THE UNIVERSITY OF TEXAS AT AUSTIN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NO RELATIONSHIP - PUBLIC CHARITY-NOT A PRIVATE FDN
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NO RELATIONSHIP - PUBLIC CHARITY NOT A PRIVATE FDN
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