Civic Intelligence

Risen Resources Inc.

990 • Fiscal year 2021 • EIN 26-1803899

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 31, 2022

535 S Clark RdCedar Hill, TX 75104-2822

(972) 754-6206

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

29th percentile

0.00x

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

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

1st percentile

-614%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

57th percentile

$18,275

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 186.1% of source-year revenue.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

11th percentile

-10%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-82%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$539,805

Down $60,254 (-10%) from 2020

Net Assets

Down

$539,805

Down $60,254 (-10%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Down

$9,820

Down $44,632 (-82%) from 2020

Expenses

Down

$70,074

Down $38,015 (-35%) from 2020

Net Income

Down

-$60,254

Down $6,617 (-12%) from 2020

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2020: $600,059Liabilities 2020: $0Net Assets 2020: $600,0592020Assets 2021: $539,805Liabilities 2021: $0Net Assets 2021: $539,8052021

Highlighted filing

2021

Assets$539,805
Liabilities$0
Net Assets$539,805

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2020: $54,452Expenses 2020: $108,089Net Income 2020: -$53,6372020Revenue 2021: $9,820Expenses 2021: $70,074Net Income 2021: -$60,2542021

Highlighted filing

2021

Revenue$9,820
Expenses$70,074
Net Income-$60,254
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$9,820
Mission and Program Overview

Mission

Administer charitable gifts or bequeaths to support various churches of Christ support efforts to evangelize and advance Christianity support other tax-exempt organizations and provide scholarship support to individuals attending qualified institutions of higher learning or vocational schools

Administer charitable gifts or bequeaths to support various churches and other tax-exempt organizations promote evangelism efforts advance Christianity and provide scholarship support to individuals attending qualified institutions

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$600,059$539,805▼ $60,254
Savings and Temporary Cash Investments$599,815$537,374▼ $62,441
Cash and Non-Interest-Bearing Accounts$244$2,431▲ $2,187
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$600,059$539,805▼ $60,254
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$600,059$539,805▼ $60,254
Total Liabilities and Net Assets / Fund Balance$600,059$539,805▼ $60,254
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeffrey S AgeeExecutive DirectorPT$18,275$18,275

Board Members and Trustees

NameTitle
Jan M GentryDirector
Jeanette JohnsonDirector
Sabino Rodriquez JrDirector
Freddie L YarbroughDirector and Secretary
William a LedbetterDirector and Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None--$0
Revenue and Support

Revenue Composition

Contributions and Grants
$8,696
Program Service Revenue
$0
Investment Income
$1,124
Other Revenue
$0
All Other Contributions
$0
Change in Net Assets
$-60,254
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$50,163
Salaries, Compensation, and Employee Benefits$19,673
Other Expenses$238
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$50,163--$50,163
Current Officers, Directors, Trustees, and Key Employees$0$0$0$18,275
Payroll Taxes$0$0$0$1,398
Office Expenses$0$0$0$238
Total Functional Expenses$50,163$0$0$70,074
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Shawnee Trail Church of ChristFrisco, TX501(c)(3)Minister Support$11,900
North Boulevard Church of ChristMurfreesboro, TN501(c)(3)Minister Support$11,800
Downtown Church of ChristSearcy, AR501(c)(3)Minister Support$11,725
Olympia Church of ChristOlympia, WA501(c)(3)Minister Support$7,500
Sycamore View Church of ChristMemphis, TN501(c)(3)Minister Support$7,200
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
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
Yes
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

Part VI, Line 11B

The initial draft of the risen resources inc. "rri" irs form 990 together witth supporting schedules is prepared by the treasurer of rri. Following review and draft finalization with the collaboration of the organization's executive director form 990 is distributed to all members of the board of directors together with the supporting documents summarizing the organization's financial condition and results of operations for the calendar year. Revisions if any arising from the review of the members of the board are incorporated into the final draft of form 990 and provided to all members of the board.

Part VI, Line 12C

Pursuant to the organization's conflict of interest policy directors are under continual obligation to make the other directors aware of any interest or relationship that could give rise to a conflict of interest. In addition the grant application requires an applicant to disclose any related party relationship with any of the organization's directors. The Executive Director discusses and reviews each grant application with the Board of Directors. Such review and deliberation include discussing the existence of related party or conflict of interest issues if any.

Part VI, Line 15

Information about comparable compensation paid by similarly situated tax-exempt organizations is limited. However to the extent such information is available it is considered in the determination of setting a reasonable compensation level for the Executive Director. The earnings history and leadership capability of the Executive Director is also considered in determining the Executive Director's compensation level. The Executive Direct has no voting right with regard to the determination of the compensation package and is excused from any portion of the organization's board meetings that include discussions regarding such compensation.

Part VI, Line 18

The governing documents conflict of interest policy and financial statements as disclosed in the annual Form 990 filing for Risen Resources Inc. are made available to the public following written request for same.

Filing and Contact Details

Filer

Filer Name
Risen Resources Inc
EIN
26-1803899
In Care Of
% Jeffrey S Agee
Phone
9727546206
Address
535 S CLARK RD, CEDAR HILL, TX 75104-2822

Signing Officer

Name
William A Ledbetter
Title
Director Treasurer
Signed
2022-10-31
Discuss with paid preparer
No

Organization Details

Formed
2008
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
1
Volunteers
7
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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt0600059
IRS990/NetAssetsOrFundBalancesEOYAmt0539805
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt00
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeFromGamingGrp/ExclusionAmt00
IRS990/NetIncomeFromGamingGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetIncomeOrLossGrp/ExclusionAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt00
IRS990/NoncashContributionsAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt00
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0238
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/FundraisingAmt00
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IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
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IRS990/OtherInd0X
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt10
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IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
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IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt01398
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0Jeffrey S Agee
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
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IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt00
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt30
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt00

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