Civic Intelligence

Leadership Women Inc.

990 • Fiscal year 2014 • EIN 23-7345926

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 27, 2015

25 Highland Park Village 100-371Dallas, TX 75205

(214) 421-5566

Siviq Scores

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

Liabilities / Assets

38th percentile

0.05x

Higher debt load relative to assets than 38% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

30th percentile

0.04x

Higher debt load relative to revenue than 30% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

55th percentile

4.3%

Higher net margin than 55% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

48th percentile

$58,426

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

43rd percentile

0.2%

Faster asset growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

54th percentile

5.3%

Faster revenue growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$748,400

Up $1,312 (+0.2%) from 2013

Net Assets

Up

$714,295

Up $18,008 (+2.6%) from 2013

Liabilities

Down

$34,105

Down $16,696 (-33%) from 2013

Revenue

Up

$971,542

Up $49,061 (+5.3%) from 2013

Expenses

Down

$930,209

Down $8,602 (-0.9%) from 2013

Net Income

Up

$41,333

Up $57,663 (+353%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $597,942Liabilities 2011: $109,849Net Assets 2011: $488,0932011Assets 2013: $747,088Liabilities 2013: $50,801Net Assets 2013: $696,2872013Assets 2014: $748,400Liabilities 2014: $34,105Net Assets 2014: $714,2952014Assets 2015: $686,444Liabilities 2015: $193,435Net Assets 2015: $493,0092015Assets 2016: $742,779Liabilities 2016: $231,996Net Assets 2016: $510,7832016Assets 2017: $782,583Liabilities 2017: $263,281Net Assets 2017: $519,3022017Assets 2020: $817,857Liabilities 2020: $355,175Net Assets 2020: $462,6822020Assets 2021: $769,205Liabilities 2021: $134,509Net Assets 2021: $634,6962021Assets 2022: $700,027Liabilities 2022: $63,990Net Assets 2022: $636,0372022Assets 2024: $928,792Liabilities 2024: $105,998Net Assets 2024: $822,7942024

Highlighted filing

2014

Assets$748,400
Liabilities$34,105
Net Assets$714,295

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $754,3152011Revenue 2013: $922,481Expenses 2013: $938,811Net Income 2013: -$16,3302013Revenue 2014: $971,542Expenses 2014: $930,209Net Income 2014: $41,3332014Revenue 2015: $702,490Expenses 2015: $896,454Net Income 2015: -$193,9642015Revenue 2016: $899,801Expenses 2016: $908,858Net Income 2016: -$9,0572016Revenue 2017: $875,715Expenses 2017: $898,558Net Income 2017: -$22,8432017Revenue 2020: $500,518Expenses 2020: $564,629Net Income 2020: -$64,1112020Revenue 2021: $758,129Expenses 2021: $618,825Net Income 2021: $139,3042021Revenue 2022: $819,316Expenses 2022: $723,743Net Income 2022: $95,5732022Revenue 2024: $928,011Expenses 2024: $829,246Net Income 2024: $98,7652024

Highlighted filing

2014

Revenue$971,542
Expenses$930,209
Net Income$41,333
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 27, 2015
Return Version
2014v5.0
Gross Receipts
$1,312,323
Mission and Program Overview

Mission

The Organization develops programs that advance and improve the personal, economic, and professional status of women.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$480,856$544,880▲ $64,024
Savings and Temporary Cash Investments$154,835$102,834▼ $52,001
Cash and Non-Interest-Bearing Accounts$56,233$54,513▼ $1,720
Prepaid Expenses and Deferred Charges$37,483$40,539▲ $3,056
Accounts Receivable$2,367$2,875▲ $508
Pledges and Grants Receivable$14,885$2,650▼ $12,235
Land, Buildings, and Equipment, Net$429$109▼ $320
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$747,088$748,400▲ $1,312
Other Assets Total-$0-
Liabilities
Deferred Revenue$22,050$33,250▲ $11,200
Accounts Payable and Accrued Expenses$28,751$855▼ $27,896
Total Liabilities$50,801$34,105▼ $16,696
Net Assets / Fund Balance
Unrestricted Net Assets$380,536$358,220▼ $22,316
Permanently Rstr Net Assets$182,947$182,947→ $0
Temporarily Rstr Net Assets$132,804$173,128▲ $40,324
Total Net Assets Fund Balance$696,287$714,295▲ $18,008
Total Liabilities and Net Assets / Fund Balance$747,088$748,400▲ $1,312

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$42,320$42,320
Equipment$109$3,763$3,872

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$322,381$48,836▲ $20,840-$376,308
2013$276,524-▲ $45,857-$322,381
2012$246,597$7,000▲ $22,927-$276,524
2011$204,279$30,450▲ $11,868-$246,597
2010$195,373$3,220▲ $7,786-$204,279
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Candace O'Keefe MathisCEOFT$45,000$13,426$58,426

Board Members and Trustees

NameTitle
Penny BeaumontPast President
Audrey SeldenPresident
Lana PorterVice President
Alice ReinarzDirector
Becky Powell-SchwartzDirector
Dale SimonsDirector
Hattie HillDirector
Judith GuthrieDirector
Mary Evans SiasDirector
Mercy MurguiaDirector
Selena SolisDirector
Tegwin PulleyDirector
Trisha CunninghamSecretary
Freda WrightTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pharos Associates LLCContract Exec Dir3001 Maple Ave Ste 100, Dallas, TX 75201$110,000
Revenue and Support

Revenue Composition

Contributions and Grants
$212,712
Program Service Revenue
$694,543
Investment Income
$50,346
Other Revenue
$13,941
All Other Contributions
$212,712
Change in Net Assets
$41,333

Audited Revenue Reconciliation

Revenue per Audited Statements
$971,542
Revenue Not Reported on Form 990
$-23,325
Total Revenue per Audited Statements
$948,217
Total Revenue per Form 990
$971,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$589,300
Salaries, Compensation, and Employee Benefits$340,909
Total Fundraising Expense$69,457
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$108,500$7,750$38,750$155,000
Other Salaries and Wages$100,500$11,250$17,250$129,000
Fees for Services Other$85,500$9,500-$95,000
Other Employee Benefits$33,287$3,404$7,187$43,878
All Other Expenses$19,257$19,304$1$38,562
Fees for Services Accounting-$28,807-$28,807
Other Expenses$17,652--$17,652
Office Expenses$12,887$1,984$2,451$17,322
Advertising$15,046--$15,046
Payroll Taxes$9,886$1,011$2,134$13,031
Insurance-$8,186-$8,186
Information Technology$5,682$1,353$1,080$8,115
Occupancy$2,928$283$557$3,768
Depreciation Depletion$249$24$47$320
Total Functional Expenses$767,896$92,856$69,457$930,209

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$930,209
Total Expenses per Audited Statements$930,209
Total Expenses per Form 990$930,209
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The Organization contracted with Pharos Associates LLC for management services. The Organization's CEO receives a salary from the Organization, but is also a Principal at Pharos Associates LLC.

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by the Organization's CPA and reviewed by the CEO before it is filed.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Organization's independent Board draws upon other board experience, business experience, discussions with other organizations, and any other sources considered necessary to determine compensation for the CEO and any other officers.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Certain other documents available upon request.

Filing and Contact Details

Filer

Filer Name
Leadership Women Inc
EIN
23-7345926
Phone
2144215566
Address
25 Highland Park Village 100-371, Dallas, TX 75205

Signing Officer

Name
Audrey Selden
Title
President
Signed
2015-07-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Candace O'Keefe Mathis
Formed
1973
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
1,225

Preparer

Firm
Dunagan Jack LLP
Address
3724 Jefferson Street Suite 307, Austin, TX 78731
Preparer
Gary Joseph Jack
Phone
5124208997
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The Richards Scholars Endowment Fund: $175,162Jean Andrews Wasson Memorial Scholarship Fund: $89,393Founder's Fund: $31,845Board designated endowment fund: $79,908

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IRS990/Form990PartVIISectionAGrp/PersonNm3Freda Wright
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
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