Civic Intelligence

Woods Project Inc.

990 • Fiscal year 2014 • EIN 26-2959996

Oct 01, 2013 to Sep 30, 2014 • Filed on Dec 22, 2014

6 Sleepy Oaks Circle77024-5427

(713) 248-7602

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

51st percentile

3.2%

Higher net margin than 51% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

64th percentile

$48,000

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

57th percentile

4.8%

Faster asset growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M 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

Up

$306,009

Up $14,017 (+4.8%) from 2013

Net Assets

Up

$306,009

Up $18,647 (+6.5%) from 2013

Liabilities

Down

$0

Down $4,630 (-100%) from 2013

Revenue

$574,430

No earlier filing loaded for comparison.

Expenses

Down

$555,783

Down $28,658 (-4.9%) from 2013

Net Income

$18,647

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.

$1.5M$1.0M$500K$0Assets 2011: $203,491Liabilities 2011: $0Net Assets 2011: $203,4912011Assets 2012: $283,206Liabilities 2012: $4,412Net Assets 2012: $278,7942012Assets 2013: $291,992Liabilities 2013: $4,630Net Assets 2013: $287,3622013Assets 2014: $306,009Liabilities 2014: $0Net Assets 2014: $306,0092014Assets 2015: $411,233Liabilities 2015: $30,637Net Assets 2015: $380,5962015Assets 2016: $393,762Liabilities 2016: $17,156Net Assets 2016: $376,6062016Assets 2017: $350,218Liabilities 2017: $25,134Net Assets 2017: $325,0842017Assets 2018: $541,456Liabilities 2018: $39,677Net Assets 2018: $501,7792018Assets 2019: $496,675Liabilities 2019: $57,798Net Assets 2019: $438,8772019Assets 2020: $802,020Liabilities 2020: $143,073Net Assets 2020: $658,9472020Assets 2021: $737,224Liabilities 2021: $136,094Net Assets 2021: $601,1302021Assets 2022: $904,600Liabilities 2022: $16,504Net Assets 2022: $888,0962022Assets 2023: $1,050,971Liabilities 2023: $30,282Net Assets 2023: $1,020,6892023Assets 2024: $1,123,439Liabilities 2024: $67,304Net Assets 2024: $1,056,1352024

Highlighted filing

2014

Assets$306,009
Liabilities$0
Net Assets$306,009

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $368,4782011Expenses 2012: $529,3802012Expenses 2013: $584,4412013Revenue 2014: $574,430Expenses 2014: $555,783Net Income 2014: $18,6472014Revenue 2015: $752,972Expenses 2015: $678,385Net Income 2015: $74,5872015Revenue 2016: $770,766Expenses 2016: $774,756Net Income 2016: -$3,9902016Revenue 2017: $721,662Expenses 2017: $773,531Net Income 2017: -$51,8692017Revenue 2018: $925,397Expenses 2018: $744,701Net Income 2018: $180,6962018Revenue 2019: $712,749Expenses 2019: $779,115Net Income 2019: -$66,3662019Revenue 2020: $672,399Expenses 2020: $460,214Net Income 2020: $212,1852020Revenue 2021: $540,459Expenses 2021: $619,748Net Income 2021: -$79,2892021Revenue 2022: $1,231,828Expenses 2022: $879,947Net Income 2022: $351,8812022Revenue 2023: $1,133,651Expenses 2023: $1,021,789Net Income 2023: $111,8622023Revenue 2024: $1,061,598Expenses 2024: $1,091,387Net Income 2024: -$29,7892024

Highlighted filing

2014

Revenue$574,430
Expenses$555,783
Net Income$18,647
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Dec 22, 2014
Return Version
2013v4.0
Gross Receipts
$603,571
Mission and Program Overview

Mission

The woods project creates wilderness education and exploration experiences that develop critical behaviors needed for disadvantaged students to achieve success in school and life.

To create wilderness education and exploration experiences (Continued on Schedule 0)... To create wilderness education and exploration experiences that develop critical behaviors needed for disadvantaged students to achieve sucess in school and life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$264,253$283,568▲ $19,315
Land, Buildings, and Equipment, Net$23,583$15,323▼ $8,260
Pledges and Grants Receivable-$4,500-
Accounts Receivable$3,156--
Prepaid Expenses and Deferred Charges$1,000$2,618▲ $1,618
Total Assets$291,992$306,009▲ $14,017
Liabilities
Accounts Payable and Accrued Expenses$4,630--
Total Liabilities$4,630$0▼ $4,630
Net Assets / Fund Balance
Unrestricted Net Assets$287,362$306,009▲ $18,647
Total Net Assets Fund Balance$287,362$306,009▲ $18,647
Total Liabilities and Net Assets / Fund Balance$291,992$306,009▲ $14,017

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$15,323$35,833$51,156
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Steve RosencranzPresidentFT$48,000$48,000

Board Members and Trustees

NameTitle
Cassandra MottDirector
Cruz HinojosaDirector
Mike FeinbergDirector
Sarah FlournoyDirector
Terry BrunerDirector
Victor SamuelsDirector
Carlton CookAssistant Treasurer
Michael PalmerSecretary
Joe RichardsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$479,782
Program Service Revenue
$116,489
Investment Income
$0
Other Revenue
$-21,841
All Other Contributions
$174,516
Change in Net Assets
$18,647

Audited Revenue Reconciliation

Revenue per Audited Statements
$574,430
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$232,874
Total Revenue per Audited Statements
$807,304
Total Revenue per Form 990
$574,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$361,451
Salaries, Compensation, and Employee Benefits$194,332
Total Fundraising Expense$32,746
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$152,295$12,131$29,906$194,332
Travel$124,706$3,054-$127,760
All Other Expenses$16,212$6,594$2,840$25,646
Depreciation Depletion$13,546--$13,546
Insurance-$11,455-$11,455
Other Expenses$10,387--$10,387
Information Technology-$10,175-$10,175
Fees for Services Accounting-$7,779-$7,779
Office Expenses$4,298$2,585-$6,883
Advertising-$3,144-$3,144
Total Functional Expenses$466,120$56,917$32,746$555,783

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$788,657
Expenses per Audited Statements$555,783
Total Expenses per Form 990$555,783
Expenses Not Reported on Form 990$232,874
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$29,141
Fundraising Gross Income$7,300
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2$75,060---
Event 1$234,122$7,300$18,415$-11,115
Total Events$312,566$7,300$29,141$-21,841
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
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
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

Form 990, Part VI, Section B, line 11

Form 990 is reviewed by the President to insure the accuracy of the information provided.

Form 990, Part VI, Section B, line 15A

Compensation process for top official based on 50% of industry comparables.

Form 990, Part VI, Section C, line 18

Available on Guidestar

Form 990, Part VI, Section C, line 19

Governing documents are made available to the public by requesting them in writing from the organization's mailing address at: The Woods Project, Inc., 6 Sleepy Oaks Circle, Houston, TX 77024-5427.

Filing and Contact Details

Filer

EIN
26-2959996
Phone
7132487602

Signing Officer

Name
Steve Rosencranz
Title
President
Phone
7132487602
Signed
2014-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Rosencranz
Formed
2008
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
180

Preparer

Preparer
Vanessa Sola CPA
Phone
7136519250
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

Volunteers provide the leadership and skills required by The Woods Project to accomplish its goals. Volunteers are selected for their ability to work with low income youth and teach them self confidence, leadership ability, adaptability, and ability to function in new environments.

Financial Statement Notes

Part XI, Line 2D - Other Adjustments:

Fundraising events direct costs 18,415.

Part XII, Line 2D - Other Adjustments:

Fundraising events direct costs 18,415.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0362381
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02211565
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0116489
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02211565
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0479782
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0497185
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0518010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0354207
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0362381
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02211565
IRS990ScheduleA/TotalSupportAmt02211565
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0214459
IRS990ScheduleD/DonatedServicesUseFcltsAmt0214459
IRS990ScheduleD/EquipmentGrp/BookValueAmt015323
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035833
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt051156
IRS990ScheduleD/ExpensesNotReportedAmt0232874
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0555783
IRS990ScheduleD/OtherExpensesIncludedAmt018415
IRS990ScheduleD/OtherRevenueAmt018415
IRS990ScheduleD/RevenueNotReportedAmt0232874
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0574430
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Fundraising events direct costs 18,415.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Fundraising events direct costs 18,415.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015323
IRS990ScheduleD/TotalExpensesPerForm990Amt0555783
IRS990ScheduleD/TotalRevenuePerForm990Amt0574430
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0807304
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0788657
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0305266
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0226822
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt075060
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt03384
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029141
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt010726
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt010726
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0234122
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt075060
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt03384
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0312566
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07300
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0Walk for the Woods
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent2Amt0Fall Luncheon
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-21841
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018415
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt018415
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Volunteers provide the leadership and skills required by The Woods Project to accomplish its goals. Volunteers are selected for their ability to work with low income youth and teach them self confidence, leadership ability, adaptability, and ability to function in new environments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by the President to insure the accuracy of the information provided.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compensation process for top official based on 50% of industry comparables.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available on Guidestar
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Governing documents are made available to the public by requesting them in writing from the organization's mailing address at: The Woods Project, Inc., 6 Sleepy Oaks Circle, Houston, TX 77024-5427.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0291992
IRS990/TotalAssetsEOYAmt0306009
IRS990/TotalAssetsGrp/BOYAmt0291992
IRS990/TotalAssetsGrp/EOYAmt0306009
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0479782
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt032746
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt056917
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0466120
IRS990/TotalFunctionalExpensesGrp/TotalAmt0555783
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04630
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt04630
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0287362
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0306009
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0466120
IRS990/TotalProgramServiceRevenueAmt0116489
IRS990/TotalReportableCompFromOrgAmt048000
IRS990/TotalRevenueGrp/ExclusionAmt0-21841
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0116489
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0574430
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0180
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0291992
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0306009
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt03054
IRS990/TravelGrp/ProgramServicesAmt0124706
IRS990/TravelGrp/TotalAmt0127760
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0287362
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0306009
IRS990/USAddress/AddressLine106 Sleepy Oaks Circle
IRS990/USAddress/City0Houston
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode0770245427
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.thewoodsproject.org
IRS990/WhistleblowerPolicyInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.12$0.07$1.06$1.06$1.09$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.03$1.02$1.13$1.02$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.02$0.89$1.23$0.88$0.35
2021Detailed filing. Detailed filing data is available for this year.$0.74$0.14$0.60$0.54$0.62$0.08
2020Detailed filing. Detailed filing data is available for this year.$0.80$0.14$0.66$0.67$0.46$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.50$0.06$0.44$0.71$0.78$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.54$0.04$0.50$0.93$0.74$0.18
2017Detailed filing. Detailed filing data is available for this year.$0.35$0.03$0.33$0.72$0.77$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.02$0.38$0.77$0.77$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.41$0.03$0.38$0.75$0.68$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.57$0.56$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.29$0.00$0.29$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.28$0.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.37