Civic Intelligence

Groove Learning Center

990 • Fiscal year 2015 • EIN 26-0848941

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 24, 2016

120 Tickey DrivePrinceton, TX 75407

(972) 832-0503

Siviq Scores

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

Liabilities / Assets

95th percentile

1.10x

Higher debt load relative to assets than 95% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

54th percentile

5.0%

Higher net margin than 54% of similar nonprofits.

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

Top Officer Pay

96th percentile

$66,667

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

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

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$17,517

No earlier filing loaded for comparison.

Net Assets

-$1,764

No earlier filing loaded for comparison.

Liabilities

$19,281

No earlier filing loaded for comparison.

Revenue

$497,383

No earlier filing loaded for comparison.

Expenses

$472,303

No earlier filing loaded for comparison.

Net Income

$25,080

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.

$60K$40K$20K$0-$20K-$40KAssets 2015: $17,517Liabilities 2015: $19,281Net Assets 2015: -$1,7642015Assets 2016: $19,403Liabilities 2016: $40,364Net Assets 2016: -$20,9612016Assets 2017: $21,718Liabilities 2017: $22,654Net Assets 2017: -$9362017Assets 2018: $17,299Liabilities 2018: $21,387Net Assets 2018: -$4,0882018Assets 2019: $19,724Liabilities 2019: $42,069Net Assets 2019: -$22,3452019Assets 2021: $10,940Liabilities 2021: $1,345Net Assets 2021: $9,5952021

Highlighted filing

2015

Assets$17,517
Liabilities$19,281
Net Assets-$1,764

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2015: $497,383Expenses 2015: $472,303Net Income 2015: $25,0802015Revenue 2016: $483,728Expenses 2016: $498,025Net Income 2016: -$14,2972016Revenue 2017: $556,799Expenses 2017: $534,630Net Income 2017: $22,1692017Revenue 2018: $557,411Expenses 2018: $553,240Net Income 2018: $4,1712018Revenue 2019: $526,655Expenses 2019: $544,278Net Income 2019: -$17,6232019Revenue 2021: $228,561Expenses 2021: $160,186Net Income 2021: $68,3752021

Highlighted filing

2015

Revenue$497,383
Expenses$472,303
Net Income$25,080
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 24, 2016
Return Version
2015v2.1
Gross Receipts
$497,383
Mission and Program Overview

Mission

To provide affordable quality care for children that enables parents to be gainfully employed. To nurture, train & care for young children. To provide transportation for school age childen to support parents' needs with work hours and commute.

To provide affordable quality care for children that enables parents to be gainfully employed. To nurture, train & care for young children. To provide transportation for school age childen to support parents' work needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$36,500$18,000▼ $18,500
Cash and Non-Interest-Bearing Accounts$4,788$9,741▲ $4,953
Accounts Receivable$10,330$7,276▼ $3,054
Land, Buildings, and Equipment, Net$4,000--
Total Assets$19,618$17,517▼ $2,101
Other Assets Total$500$500→ $0
Liabilities
Accounts Payable and Accrued Expenses$2,948$1,281▼ $1,667
Total Liabilities$39,448$19,281▼ $20,167
Net Assets / Fund Balance
Unrestricted Net Assets$-19,830$-1,764▲ $18,066
Total Net Assets Fund Balance$-19,830$-1,764▲ $18,066
Total Liabilities and Net Assets / Fund Balance$19,618$17,517▼ $2,101

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$35,000$35,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Becky SiskPresident/diFT$66,667$66,667

Board Members and Trustees

NameTitle
David FoordTreasurer/di
Wesley SiskVice Pres/di
Revenue and Support

Revenue Composition

Contributions and Grants
$25,164
Program Service Revenue
$472,219
Investment Income
$0
Other Revenue
$0
All Other Contributions
$25,164
Change in Net Assets
$25,080
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$318,714
Other Expenses$153,589
Total Fundraising Expense$61
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$230,531--$230,531
Current Officers, Directors, Trustees, and Key Employees$33,334$33,333-$66,667
Occupancy$44,253--$44,253
Payroll Taxes$18,966$2,550-$21,516
Office Expenses$12,619$7,514-$20,133
Fees for Services Other$12,385$3,096-$15,481
Travel$14,080--$14,080
Insurance$7,873$761-$8,634
Depreciation Depletion$4,000--$4,000
Fees for Services Accounting-$1,270-$1,270
Other Expenses$1,077--$1,077
All Other Expenses-$585-$585
Conferences and Meetings$451--$451
Advertising$244-$61$305
Total Functional Expenses$423,133$49,109$61$472,303
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Becky SiskSee Part VCompensationNo$66,667

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$36,500$18,000▼ $18,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Becky sisk wesley sisk president vice pres family relationship becky sisk david foord president treasurer family relationship

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by a third party cpa. Once completed, it is reviewed by the president and vice president. Once approved, the return is processed for signature and efiling. After filed with the irs, the organization will notify the remaining board member that the form 990 is available upon request.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy covers any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest. All interested persons must disclose the existance of a financial interest and be given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure and discussion with the interested person, he/she shall leave the meeting while the determination of a conflict of interest is discussed and voted upon. After exercising due diligence, the governing board shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction from a person that would not give rise to a conflict of interest. If not possible, the board shall determine by a majority vote of the disinterested directors whether the transaction is in the organization's best interest, for its own benefit, and whether it is fair and reasonable and shall make a decision whether to enter into the transaction. If the governing board has reasonable cause to believe a member has failed to disclose an actual or possible conflict of interest, it shall inform the member and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and making further investigation, the board determines the member has failed to disclose, it shall take appropriate disciplinary and corrective action.

Form 990, Page 6, Part VI, Line 15A

The organization considers outside data in order to determine the president's compensation package. It is established and voted on by the other board members and documented in writing.

Form 990, Page 6, Part VI, Line 19

The organizations financial statements, conflict of interest policy and governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Groove Learning Center
EIN
26-0848941
Phone
9728320503
Address
120 TICKEY DRIVE, PRINCETON, TX 75407

Signing Officer

Name
Becky Sisk
Title
President/director
Phone
9728320503
Signed
2016-10-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Becky Sisk
Formed
2007
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
28

Preparer

Firm
Sommerville & Associates Pc
Address
3030 MATLOCK RD STE 201, ARLINGTON, TX 76015-2936
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide affordable quality care for children that enables parents to be gainfully employed. To nurture, train & care for young children. To provide transportation for school age childen to support parent's need with work hours and commute.

Form 990, Part XI, Line 9

Bad debt expense -7,014 total -7,014

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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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IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0BECKY SISK, PRESIDENT, HAS A FAMILY RELATIONSHIP WITH WESLEY SISK, DIRECTOR, AND DAVID FOORD, DIRECTOR.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt018000
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE AFFORDABLE QUALITY CARE FOR CHILDREN THAT ENABLES PARENTS TO BE GAINFULLY EMPLOYED. TO NURTURE, TRAIN & CARE FOR YOUNG CHILDREN. TO PROVIDE TRANSPORTATION FOR SCHOOL AGE CHILDEN TO SUPPORT PARENT'S NEED WITH WORK HOURS AND COMMUTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BECKY SISK WESLEY SISK PRESIDENT VICE PRES FAMILY RELATIONSHIP BECKY SISK DAVID FOORD PRESIDENT TREASURER FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED BY A THIRD PARTY CPA. ONCE COMPLETED, IT IS REVIEWED BY THE PRESIDENT AND VICE PRESIDENT. ONCE APPROVED, THE RETURN IS PROCESSED FOR SIGNATURE AND EFILING. AFTER FILED WITH THE IRS, THE ORGANIZATION WILL NOTIFY THE REMAINING BOARD MEMBER THAT THE FORM 990 IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. ALL INTERESTED PERSONS MUST DISCLOSE THE EXISTANCE OF A FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE AND DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION FROM A PERSON THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF NOT POSSIBLE, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE AND SHALL MAKE A DECISION WHETHER TO ENTER INTO THE TRANSACTION. IF THE GOVERNING BOARD HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE MEMBER AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND MAKING FURTHER INVESTIGATION, THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION CONSIDERS OUTSIDE DATA IN ORDER TO DETERMINE THE PRESIDENT'S COMPENSATION PACKAGE. IT IS ESTABLISHED AND VOTED ON BY THE OTHER BOARD MEMBERS AND DOCUMENTED IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATIONS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BAD DEBT EXPENSE -7,014 TOTAL -7,014
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt019618
IRS990/TotalAssetsEOYAmt017517
IRS990/TotalAssetsGrp/BOYAmt019618
IRS990/TotalAssetsGrp/EOYAmt017517
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt025164
IRS990/TotalEmployeeCnt028
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt061
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049109
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0423133
IRS990/TotalFunctionalExpensesGrp/TotalAmt0472303
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt039448
IRS990/TotalLiabilitiesEOYAmt019281
IRS990/TotalLiabilitiesGrp/BOYAmt039448
IRS990/TotalLiabilitiesGrp/EOYAmt019281
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-19830
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1764
IRS990/TotalProgramServiceExpensesAmt0423133
IRS990/TotalProgramServiceRevenueAmt0472219
IRS990/TotalReportableCompFromOrgAmt066667
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0472219
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0497383
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt019618
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt017517
IRS990/TravelGrp/ProgramServicesAmt014080
IRS990/TravelGrp/TotalAmt014080
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-19830
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-1764
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0120 TICKEY DRIVE
IRS990/USAddress/CityNm0PRINCETON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075407
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0GROOVELEARNINGCENTER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BECKY SISK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09728320503
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GROOVE LEARNING CENTER
ReturnHeader/Filer/BusinessNameControlTxt0GROO
ReturnHeader/Filer/EIN0260848941
ReturnHeader/Filer/PhoneNum09728320503
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 TICKEY DRIVE
ReturnHeader/Filer/USAddress/CityNm0PRINCETON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075407
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412024514
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SOMMERVILLE & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03030 MATLOCK RD STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ARLINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0760152936
ReturnHeader/PreparerPersonGrp/PhoneNum08177955046
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELAINE L SOMMERVILLE CPA
ReturnHeader/ReturnTs02016-10-26T14:46:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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