Civic Intelligence

C5 Youth Foundation of Texas Inc.

990 • Fiscal year 2013 • EIN 26-2495318

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 01, 2014

3012 Industrial Terrace78758

(512) 832-2565

Siviq Scores

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

Liabilities / Assets

25th percentile

0.01x

Higher debt load relative to assets than 25% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

34th percentile

0.04x

Higher debt load relative to revenue than 34% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

3rd percentile

-98%

Higher net margin than 3% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

82nd percentile

$133,900

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 23.5% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

6th percentile

-20%

Faster asset growth than 6% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Assets

Down

$2,104,923

Down $524,393 (-20%) from 2012

Net Assets

Down

$2,080,170

Down $539,243 (-21%) from 2012

Liabilities

Up

$24,753

Up $14,850 (+150%) from 2012

Revenue

$570,698

No earlier filing loaded for comparison.

Expenses

Up

$1,128,118

Up $38,622 (+3.5%) from 2012

Net Income

-$557,420

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.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $3,080,911Liabilities 2011: $1,805Net Assets 2011: $3,079,1062011Assets 2012: $2,629,316Liabilities 2012: $9,903Net Assets 2012: $2,619,4132012Assets 2013: $2,104,923Liabilities 2013: $24,753Net Assets 2013: $2,080,1702013Assets 2014: $1,638,127Liabilities 2014: $33,652Net Assets 2014: $1,604,4752014Assets 2015: $1,136,094Liabilities 2015: $9,894Net Assets 2015: $1,126,2002015Assets 2016: $696,248Liabilities 2016: $94,334Net Assets 2016: $601,9142016Assets 2017: $693,704Liabilities 2017: $12,674Net Assets 2017: $681,0302017Assets 2018: $790,715Liabilities 2018: $32,416Net Assets 2018: $758,2992018Assets 2019: $520,477Liabilities 2019: $54,528Net Assets 2019: $465,9492019Assets 2020: $467,107Liabilities 2020: $131,698Net Assets 2020: $335,4092020Assets 2021: $136,621Liabilities 2021: $99,547Net Assets 2021: $37,0742021Assets 2022: $154,865Liabilities 2022: $30,695Net Assets 2022: $124,1702022Assets 2023: $86,192Liabilities 2023: $27,286Net Assets 2023: $58,9062023Assets 2024: $69,311Liabilities 2024: $120,010Net Assets 2024: -$50,6992024

Highlighted filing

2013

Assets$2,104,923
Liabilities$24,753
Net Assets$2,080,170

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $1,047,1682011Expenses 2012: $1,089,4962012Revenue 2013: $570,698Expenses 2013: $1,128,118Net Income 2013: -$557,4202013Revenue 2014: $690,240Expenses 2014: $1,144,649Net Income 2014: -$454,4092014Revenue 2015: $1,253,784Expenses 2015: $1,622,548Net Income 2015: -$368,7642015Revenue 2016: $505,773Expenses 2016: $1,030,057Net Income 2016: -$524,2842016Revenue 2017: $830,533Expenses 2017: $787,917Net Income 2017: $42,6162017Revenue 2018: $907,936Expenses 2018: $830,667Net Income 2018: $77,2692018Revenue 2019: $510,524Expenses 2019: $802,872Net Income 2019: -$292,3482019Revenue 2020: $357,823Expenses 2020: $488,362Net Income 2020: -$130,5392020Revenue 2021: $462,611Expenses 2021: $760,947Net Income 2021: -$298,3362021Revenue 2022: $638,270Expenses 2022: $551,174Net Income 2022: $87,0962022Revenue 2023: $680,659Expenses 2023: $745,923Net Income 2023: -$65,2642023Revenue 2024: $724,796Expenses 2024: $812,128Net Income 2024: -$87,3322024

Highlighted filing

2013

Revenue$570,698
Expenses$1,128,118
Net Income-$557,420
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 1, 2014
Return Version
2013v3.1
Gross Receipts
$807,155
Mission and Program Overview

Mission

The mission of the c5 youth foundation of texas is to change the odds for high-potential youth from risk-filled environments, inspiring them to pursue personal success, and preparing them for leadership roles in college, work, and their communities.

The mission of the c5 foundation is to inspire high-potential youth from under-resourced environments to pursue personal success, and to prepare them for college, work and life. We do this through intensive leadership experiences in a summer camp setting; year-round leadership development programs, community service & preparation for continuing education and career development. We encourage c5 youth to be: 1. Character driven 2. Community focused 3. Challenge ready 4. College bound, and 5. Committed to a better future

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,634,589$1,188,894▼ $445,695
Land, Buildings, and Equipment, Net$795,347$655,296▼ $140,051
Accounts Receivable$63,797$70,832▲ $7,035
Pledges and Grants Receivable$22,960$43,122▲ $20,162
Prepaid Expenses and Deferred Charges-$15,979-
Total Assets$2,629,316$2,104,923▼ $524,393
Other Assets Total$112,623$130,800▲ $18,177
Liabilities
Accounts Payable and Accrued Expenses$9,903$12,753▲ $2,850
Deferred Revenue-$12,000-
Total Liabilities$9,903$24,753▲ $14,850
Net Assets / Fund Balance
Unrestricted Net Assets$2,580,016$1,940,029▼ $639,987
Temporarily Rstr Net Assets$35,460$136,204▲ $100,744
Permanently Rstr Net Assets$3,937$3,937→ $0
Total Net Assets Fund Balance$2,619,413$2,080,170▼ $539,243
Total Liabilities and Net Assets / Fund Balance$2,629,316$2,104,923▼ $524,393

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$633,538$1,521,077$2,154,615
Equipment$21,758$80,815$102,573
Other Land Buildings-$33,718$33,718
Other Assets Org$130,800--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$44,588-▲ $774-$45,362
2012$171,670-▲ $1,457$-128,539$44,588
2011$484,831-▲ $10,488$-323,649$171,670
2010$449,145$20,334▲ $15,352-$484,831
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles BurkhartPresidentFT$130,000$3,900$133,900
Jeffery a NorthExecutive DiFT$80,000-$80,000
Rosemary AndersonCFO/directorFT$76,000$2,280$78,280

Board Members and Trustees

NameTitle
John Avila JrChairman
Brian CubanBoard Member
Brian IrwinBoard Member
Coleen BeckBoard Member
Danny HolsteadBoard Member
Dave RadakovichBoard Member
Dennis EdwardsBoard Member
George SanfilippoBoard Member
Guy ThomasBoard Member
Jeff ThomasBoard Member
John W FisherBoard Member
Lamar JohnsonBoard Member
Mark StoryBoard Member
Michael ColeBoard Member
Oscar TrevinoBoard Member
Rick GillisBoard Member
Scott MurrayBoard Member
Stephen F SingerBoard Member
Steve PenaBoard Member
Steve SiddonsBoard Member
Tom SalomeBoard Member
Drayton Mclane JrHonorary CHA
Revenue and Support

Revenue Composition

Contributions and Grants
$651,390
Program Service Revenue
$28,579
Investment Income
$23,530
Other Revenue
$-132,801
All Other Contributions
$215,465
Change in Net Assets
$-557,420

Audited Revenue Reconciliation

Revenue per Audited Statements
$570,698
Revenue Not Reported on Form 990
$54,015
Total Revenue per Audited Statements
$624,713
Total Revenue per Form 990
$570,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$614,943
Other Expenses$513,175
Total Fundraising Expense$129,922
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$210,000$35,078$40,922$286,000
Other Salaries and Wages$165,637$27,668$32,278$225,583
Depreciation Depletion$149,485--$149,485
Travel$102,969-$5,854$108,823
Other Employee Benefits$44,845$4,397$6,393$55,635
Occupancy$52,004--$52,004
Insurance$39,605$1,552-$41,157
Payroll Taxes$28,917$4,222$4,939$38,078
Conferences and Meetings$13,337-$9,545$22,882
Fees for Services Other$2,298-$15,600$17,898
Fees for Services Accounting-$15,740-$15,740
All Other Expenses$6,822$1,542$2,814$11,178
Pension Plan Contributions$3,500$3,536$2,611$9,647
Other Expenses$668$69$8,307$9,044
Total Functional Expenses$904,392$93,804$129,922$1,128,118

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,163,956
Expenses per Audited Statements$1,128,118
Total Expenses per Form 990$1,128,118
Expenses Not Reported on Form 990$35,838
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$236,457
Fundraising Gross Income$103,656
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$499,573$103,656$152,569$-48,913
Event 2$25,440-$28,462-
Total Events$525,013$103,656$236,457$-132,801
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
Crista SanfilippoDaughterEmployeeNo$35,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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 11B

The form 990 is shared by chuck burkhart, president, with the members of the audit committee to review prior to being filed. Any questions that the committee have are then discussed with our accountants and responses are then given back to the committee.

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

If a conflict of interest is determined to exist, the board of directors shall investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board of directors shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect the organization's best interests.

Form 990, Page 6, Part VI, Line 19

Some of these documents are readily available on the website. Others are available upon request.

Filing and Contact Details

Filer

EIN
26-2495318
Phone
5128322565

Signing Officer

Name
Charles Burkhart
Title
President
Phone
5128322565
Signed
2014-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Burkhart
Formed
2008
Legal Domicile
TX
Voting Board Members
20
Independent Board Members
20
Employees
40
Volunteers
12

Preparer

Preparer
Jack L Mcginnis
Phone
4045314940
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the c5 foundation is to inspire high-potential youth from under-resourced environments to pursue personal success, and to prepare them for college, work and life. We do this through intensive leadership experiences in a summer camp setting; year-round leadership development programs, community service & preparation for continuing education and career development. We encourage c5 youth to be: 1. Character driven 2. Community focused 3. Challenge ready 4. College bound, and 5. Committed to a better future

Form 990, Part XI, Line 9

Change in beneficial interest in related association 18,177

Financial Statement Notes

Schedule D, Page 3, Part X

The foundation is exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code. Income from certain activities not directly related to the foundation's tax-exempt purpose is subject to taxation as unrelated business income. For the years ended december 31, 2013 and 2012, the foundation did not have any unrelated business income, and accordingly, no unrelated business income tax. The foundation believes it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions (based on a "more- likely-than-not" standard for substantiation) that are material to the financial statements. The foundation's irs filings for the previous three years remain subject to examination.

Schedule D, Page 4, Part XI, Line 2D

Change in beneficial interest in related association 18,177

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IRS990/Form990PartVIISectionAGrp/PersonNm20DENNIS EDWARDS
IRS990/Form990PartVIISectionAGrp/PersonNm21MARK STORY
IRS990/Form990PartVIISectionAGrp/PersonNm22CHARLES BURKHART
IRS990/Form990PartVIISectionAGrp/PersonNm23JEFFERY A NORTH
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IRS990/MissionDesc0THE MISSION OF THE C5 FOUNDATION IS TO INSPIRE HIGH-POTENTIAL YOUTH FROM UNDER-RESOURCED ENVIRONMENTS TO PURSUE PERSONAL SUCCESS, AND TO PREPARE THEM FOR COLLEGE, WORK AND LIFE. WE DO THIS THROUGH INTENSIVE LEADERSHIP EXPERIENCES IN A SUMMER CAMP SETTING; YEAR-ROUND LEADERSHIP DEVELOPMENT PROGRAMS, COMMUNITY SERVICE & PREPARATION FOR CONTINUING EDUCATION AND CAREER DEVELOPMENT. WE ENCOURAGE C5 YOUTH TO BE: 1. CHARACTER DRIVEN 2. COMMUNITY FOCUSED 3. CHALLENGE READY 4. COLLEGE BOUND, AND 5. COMMITTED TO A BETTER FUTURE
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IRS990/ProgSrvcAccomActy2Grp/Desc0PARRIE HAYNES RANCH (PHR)IS A 4400 ACRE RANCH NEAR FORT HOOD THAT WAS WILLED BY MRS. HAYNES TO THE STATE OF TEXAS FOR THE BENEFIT OF ORPHANS AND AT-RISK YOUTH. IN KEEPING WITH THE INTENT OF THE WILL, THE FOUNDATION USES PHR FOR YEAR-ROUND EVENTS FOR ITS YOUTH LEADERSHIP PROGRAM, IN ADDITION TO OFFERING IT TO THE PUBLIC FOR RETREATS, CONFERENCES, AND OTHER EVENTS, SUCH AS THE FAMILY SURVIVORS OF SOLDIERS (TAPS AND GOLD KEY FAMILIES). C5 TEXAS ALSO SUB-LEASES A PORTION TO AN EQUESTRIAN CENTER TO GENERATE REVENUES.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.12$0.05$0.72$0.81$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.09$0.03$0.06$0.68$0.75$0.07
2022Detailed filing. Detailed filing data is available for this year.$0.15$0.03$0.12$0.64$0.55$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.14$0.10$0.04$0.46$0.76$0.30
2020Detailed filing. Detailed filing data is available for this year.$0.47$0.13$0.34$0.36$0.49$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.52$0.05$0.47$0.51$0.80$0.29
2018Detailed filing. Detailed filing data is available for this year.$0.79$0.03$0.76$0.91$0.83$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.01$0.68$0.83$0.79$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.09$0.60$0.51$1.03$0.52
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$1.25$1.62$0.37
2014Detailed filing. Detailed filing data is available for this year.$1.64$0.03$1.60$0.69$1.14$0.45
2013Detailed filing. Detailed filing data is available for this year.$2.10$0.02$2.08$0.57$1.13$0.56
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.63$0.01$2.62$1.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.08$0.00$3.08$1.05