Civic Intelligence

Future Trails Fund

990 • Fiscal year 2013 • EIN 26-3588572

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 26, 2014

116 W 8th Street78626

(512) 863-4186

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

Higher debt load relative to assets than 29% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

70th percentile

0.17x

Higher debt load relative to revenue than 70% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

3rd percentile

-106%

Higher net margin than 3% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

34th percentile

-2.1%

Faster asset growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M 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

$640,916

Down $13,624 (-2.1%) from 2012

Net Assets

Down

$638,891

Down $12,349 (-1.9%) from 2012

Liabilities

Down

$2,025

Down $1,275 (-39%) from 2012

Revenue

$11,651

No earlier filing loaded for comparison.

Expenses

Down

$24,000

Down $14,000 (-37%) from 2012

Net Income

-$12,349

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.

$800K$600K$400K$200K$0Assets 2010: $681,422Liabilities 2010: $1,550Net Assets 2010: $679,8722010Assets 2011: $677,910Liabilities 2011: $3,550Net Assets 2011: $674,3602011Assets 2012: $654,540Liabilities 2012: $3,300Net Assets 2012: $651,2402012Assets 2013: $640,916Liabilities 2013: $2,025Net Assets 2013: $638,8912013Assets 2014: $629,116Liabilities 2014: $3,600Net Assets 2014: $625,5162014Assets 2016: $629,507Liabilities 2016: $4,150Net Assets 2016: $625,3572016Assets 2017: $620,965Liabilities 2017: $3,850Net Assets 2017: $617,1152017Assets 2018: $618,134Liabilities 2018: $4,270Net Assets 2018: $613,8642018Assets 2019: $610,056Liabilities 2019: $4,400Net Assets 2019: $605,6562019Assets 2020: $603,237Liabilities 2020: $3,750Net Assets 2020: $599,4872020Assets 2021: $615,081Liabilities 2021: $4,975Net Assets 2021: $610,1062021Assets 2022: $651,426Liabilities 2022: $6,275Net Assets 2022: $645,1512022Assets 2023: $692,017Liabilities 2023: $8,998Net Assets 2023: $683,0192023Assets 2024: $685,374Liabilities 2024: $12,226Net Assets 2024: $673,1482024

Highlighted filing

2013

Assets$640,916
Liabilities$2,025
Net Assets$638,891

Operations Trend

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

$80K$60K$40K$20K$0-$20KExpenses 2010: $26,5002010Expenses 2011: $25,0002011Expenses 2012: $38,0002012Revenue 2013: $11,651Expenses 2013: $24,000Net Income 2013: -$12,3492013Revenue 2014: $16,125Expenses 2014: $29,500Net Income 2014: -$13,3752014Revenue 2016: $32,615Expenses 2016: $45,000Net Income 2016: -$12,3852016Revenue 2017: $21,258Expenses 2017: $29,500Net Income 2017: -$8,2422017Revenue 2018: $29,749Expenses 2018: $33,000Net Income 2018: -$3,2512018Revenue 2019: $24,492Expenses 2019: $32,700Net Income 2019: -$8,2082019Revenue 2020: $23,831Expenses 2020: $30,000Net Income 2020: -$6,1692020Revenue 2021: $35,119Expenses 2021: $24,500Net Income 2021: $10,6192021Revenue 2022: $35,045Expenses 2022: $0Net Income 2022: $35,0452022Revenue 2023: $37,868Expenses 2023: $0Net Income 2023: $37,8682023Revenue 2024: $55,096Expenses 2024: $65,000Net Income 2024: -$9,9042024

Highlighted filing

2013

Revenue$11,651
Expenses$24,000
Net Income-$12,349
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 26, 2014
Return Version
2013v3.0
Gross Receipts
$44,254
Mission and Program Overview

Mission

To support and expand the works and activities of the chisholm trail communities foundation (ctcf) within the georgetown/williamson county community as a whole.

To support and expand the works and activities of the chisholm trail communities foundation (ctcf) within the georgetown/williamson county community as a whole, by contributing support to the ctcf.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$643,295$631,609▼ $11,686
Cash and Non-Interest-Bearing Accounts$11,245$9,307▼ $1,938
Total Assets$654,540$640,916▼ $13,624
Liabilities
Other Liabilities$3,300$2,025▼ $1,275
Total Liabilities$3,300$2,025▼ $1,275
Net Assets / Fund Balance
Unrestricted Net Assets$651,240$638,891▼ $12,349
Total Net Assets Fund Balance$651,240$638,891▼ $12,349
Total Liabilities and Net Assets / Fund Balance$654,540$640,916▼ $13,624

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$388,735$57,165-
Other Land Buildings$520--
Land$240,100--
Equipment$2,254$3,156-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron GreeningChairperson
Doug GrovesBoard Member
Eric CooperBoard Member
Karen ColeBoard Member
Michael WeirBoard Member
M Howard FaskeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$11,651
Change in Net Assets
$-12,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$24,000
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$24,000--$24,000
Total Functional Expenses$24,000$0$0$24,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$2,025
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
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, Part VI, Section B, Line 11

Prior to the filing of the form 990, the full board of directors of ftf was given a detailed explanation of the contents of the form 990 thru e-mail contact. Each board member completes a questionnaire that articulates the relationships among board members (this questionaire is prepared by a subcommittee of the council on foundations and provided to all u.s. Community foundations each year).

Form 990, Part VI, Section B, Line 12C

Conflict of interest is reviewed in board meetings.

Form 990, Part VI, Section C, Line 19

Basic informational data about the foundation, such as the form 990, are made available to the public upon request and are also available through guidestar.org.

Filing and Contact Details

Filer

EIN
26-3588572
Phone
5128634186

Signing Officer

Name
M Howard Faske
Title
Treasurer
Phone
5128634186
Signed
2014-06-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
M Howard Faske
Formed
2008
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Preparer
M Howard Faske CPA
Phone
5123469623
Raw XML Appendix340 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST IS REVIEWED IN BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BASIC INFORMATIONAL DATA ABOUT THE FOUNDATION, SUCH AS THE FORM 990, ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND ARE ALSO AVAILABLE THROUGH GUIDESTAR.ORG.
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IRS990/TotalProgramServiceExpensesAmt024000
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt011651
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011651
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0654540
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0640916
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0651240
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0638891
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10116 WEST 8TH ST
IRS990/USAddress/City0GEORGETOWN
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode078626
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0M HOWARD FASKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05128634186
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-06-26
ReturnHeader/Filer/BusinessName/BusinessNameLine10FUTURE TRAILS FUND
ReturnHeader/Filer/BusinessNameControlTxt0FUTU
ReturnHeader/Filer/EIN0263588572
ReturnHeader/Filer/PhoneNum05128634186
ReturnHeader/Filer/USAddress/AddressLine10116 W 8TH STREET
ReturnHeader/Filer/USAddress/City0GEORGETOWN
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode078626
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742335626
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10FASKE LAY & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine103508 FAR WEST BLVD SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0787313041
ReturnHeader/PreparerPersonGrp/PhoneNum05123469623
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0M HOWARD FASKE CPA
ReturnHeader/ReturnTs02014-07-15T08:18:13-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.85$0.12$6.73$0.55$0.65$0.10
2023Detailed filing. Detailed filing data is available for this year.$6.92$0.09$6.83$0.38$0.00$0.38
2022Detailed filing. Detailed filing data is available for this year.$6.51$0.06$6.45$0.35$0.00$0.35
2021Detailed filing. Detailed filing data is available for this year.$6.15$0.05$6.10$0.35$0.25$0.11
2020Detailed filing. Detailed filing data is available for this year.$6.03$0.04$5.99$0.24$0.30$0.06
2019Detailed filing. Detailed filing data is available for this year.$6.10$0.04$6.06$0.24$0.33$0.08
2018Detailed filing. Detailed filing data is available for this year.$6.18$0.04$6.14$0.30$0.33$0.03
2017Detailed filing. Detailed filing data is available for this year.$6.21$0.04$6.17$0.21$0.30$0.08
2016Detailed filing. Detailed filing data is available for this year.$6.30$0.04$6.25$0.33$0.45$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.29$0.04$6.26$0.16$0.30$0.13
2013Detailed filing. Detailed filing data is available for this year.$6.41$0.02$6.39$0.12$0.24$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.55$0.03$6.51$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.78$0.04$6.74$0.25
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.81$0.02$6.80$0.27