Civic Intelligence

The Emerson Foundation

990 • Fiscal year 2013 • EIN 26-3693330

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 15, 2014

1 Valley View Dr78664

(512) 252-0400

Siviq Scores

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

Liabilities / Assets

85th percentile

0.61x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

65th percentile

0.12x

Higher debt load relative to revenue than 65% of similar nonprofits.

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

Net Margin

24th percentile

-7.2%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

78th percentile

$65,680

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 8.0% of source-year revenue.

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

Asset Growth

9th percentile

-20%

Faster asset growth than 9% 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

$164,025

Down $41,724 (-20%) from 2012

Net Assets

Down

$63,408

Down $72,287 (-53%) from 2012

Liabilities

Up

$100,617

Up $30,563 (+44%) from 2012

Revenue

$818,187

No earlier filing loaded for comparison.

Expenses

Up

$877,426

Up $142,723 (+19%) from 2012

Net Income

-$59,239

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.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $57,002Liabilities 2010: $3,282Net Assets 2010: $53,7202010Assets 2011: $131,155Liabilities 2011: $625Net Assets 2011: $130,5302011Assets 2012: $205,749Liabilities 2012: $70,054Net Assets 2012: $135,6952012Assets 2013: $164,025Liabilities 2013: $100,617Net Assets 2013: $63,4082013Assets 2014: $125,510Liabilities 2014: $83,674Net Assets 2014: $41,8362014Assets 2015: $489,700Liabilities 2015: $78,990Net Assets 2015: $410,7102015Assets 2016: $1,111,935Liabilities 2016: $73,362Net Assets 2016: $1,038,5732016Assets 2017: $1,820,109Liabilities 2017: $80,362Net Assets 2017: $1,739,7472017Assets 2018: $760,212Liabilities 2018: $46,033Net Assets 2018: $714,1792018Assets 2019: $161,213Liabilities 2019: $51,356Net Assets 2019: $109,8572019Assets 2020: $193,392Liabilities 2020: $0Net Assets 2020: $193,3922020Assets 2021: $181,694Liabilities 2021: $0Net Assets 2021: $181,6942021Assets 2022: $183,939Liabilities 2022: $19,071Net Assets 2022: $164,8682022Assets 2023: $676,662Liabilities 2023: $164,877Net Assets 2023: $511,7852023Assets 2024: $485,103Liabilities 2024: $154,221Net Assets 2024: $330,8822024

Highlighted filing

2013

Assets$164,025
Liabilities$100,617
Net Assets$63,408

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $682,4342010Expenses 2011: $658,3012011Expenses 2012: $734,7032012Revenue 2013: $818,187Expenses 2013: $877,426Net Income 2013: -$59,2392013Revenue 2014: $910,170Expenses 2014: $886,172Net Income 2014: $23,9982014Revenue 2015: $1,042,578Expenses 2015: $834,396Net Income 2015: $208,1822015Revenue 2016: $1,383,560Expenses 2016: $755,697Net Income 2016: $627,8632016Revenue 2017: $701,434Expenses 2017: $260Net Income 2017: $701,1742017Revenue 2018: $706,656Expenses 2018: $0Net Income 2018: $706,6562018Revenue 2019: $1,168,498Expenses 2019: $1,146,341Net Income 2019: $22,1572019Revenue 2020: $1,375,632Expenses 2020: $1,291,741Net Income 2020: $83,8912020Revenue 2021: $1,211,836Expenses 2021: $1,223,534Net Income 2021: -$11,6982021Revenue 2022: $1,457,178Expenses 2022: $1,474,004Net Income 2022: -$16,8262022Revenue 2023: $1,940,490Expenses 2023: $1,593,573Net Income 2023: $346,9172023Revenue 2024: $1,441,385Expenses 2024: $1,622,288Net Income 2024: -$180,9032024

Highlighted filing

2013

Revenue$818,187
Expenses$877,426
Net Income-$59,239
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 15, 2014
Return Version
2013v3.0
Gross Receipts
$820,387
Mission and Program Overview

Mission

Emerson Academy is a Nonprofit child development center serving Round Rock, Pflugerville, Hutto, and the surrounding communities. Emerson provides an inclusive learning environment where all children can learn and grow together from our highly trained staff to our literacy-based and developmentally-appropriate curriculum. Emerson Academy gives exceptional educational opportunities so that every child may succeed.

The emerson foundation supports community efforts to provide early education to children with special needs including operation of the emerson academy child development center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$154,668$187,927▲ $33,259
Rtn Earn Endowment Incm Other Fnds$135,695$63,408▼ $72,287
Accounts Receivable$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Cash and Non-Interest-Bearing Accounts$51,081$-23,902▼ $74,983
Total Assets$205,749$164,025▼ $41,724
Liabilities
Unsecured Notes Loans Payable$69,594$96,986▲ $27,392
Other Liabilities$460$3,631▲ $3,171
Accounts Payable and Accrued Expenses$0--
Total Liabilities$70,054$100,617▲ $30,563
Net Assets / Fund Balance
Total Net Assets Fund Balance$135,695$63,408▼ $72,287
Total Liabilities and Net Assets / Fund Balance$205,749$164,025▼ $41,724

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$132,941$34,141$0
Land$0-$0
Equipment$17,001$11,072$0
Leasehold Improvements$37,985$1,208$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah JohnsonExecutive DirectorFT$65,680$65,680
Stacey BellBusiness DirectorFT$59,221$59,221

Board Members and Trustees

NameTitle
Debbie JuhlkeMember
Sarah DailyMember
Nancy SimpsonSecretary
Kevin PittsTreasurer
Sheryl SandsVP
Revenue and Support

Revenue Composition

Contributions and Grants
$41,245
Program Service Revenue
$778,532
Investment Income
$0
Other Revenue
$-1,590
All Other Contributions
$40,635
Change in Net Assets
$-59,239

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$626,118
Other Expenses$251,308
Total Fundraising Expense$28,695
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$451,926--$451,926
Current Officers, Directors, Trustees, and Key Employees$39,408$59,221$26,272$124,901
Occupancy$102,688-$206$102,894
Payroll Taxes$37,587$4,530$2,010$44,127
Depreciation Depletion$21,125--$21,125
Office Expenses$10,544--$10,544
Advertising-$7,902-$7,902
Other Expenses$7,678$0$0$7,678
Information Technology$5,256--$5,256
Other Employee Benefits$4,441$516$207$5,164
All Other Expenses$5,090--$5,090
Insurance-$3,036-$3,036
Fees for Services Accounting-$2,893-$2,893
Travel$2,729--$2,729
Fees for Services Other-$837$0$837
Total Functional Expenses$768,737$79,994$28,695$877,426
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,200
Fundraising Gross Income$610
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
Payroll Liabilities$3,631
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

John bell is the father of stacey bell. Stan johnson is the father of sarah johnson.

Form 990, Part VI, Section B, Line 11B

The first year return was finalized on the due date. A formal review by the finance director will be conducted upon completion. The return will be distributed at a future board meeting for review. In the future, the return will be completed in time for a board review prior to filing.

Form 990, Part VI, Section C, Line 19

Documents will be provided upon request at the organization's office.

Filing and Contact Details

Filer

EIN
26-3693330
Phone
5122520400

Signing Officer

Name
Sarah Johnson
Title
Executive Director
Phone
5122520400
Signed
2014-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Johnson
Formed
2010
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
5
Employees
47
Volunteers
50

Preparer

Preparer
Michael Sawyer
Phone
5127088000
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0203795
IRS990/PYOtherRevenueAmt0-508
IRS990/PYProgramServiceRevenueAmt0700613
IRS990/PYRevenuesLessExpensesAmt049829
IRS990/PYSalariesCompEmpBnftPaidAmt0530908
IRS990/PYTotalExpensesAmt0734703
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0784532
IRS990/ReconcilationRevenueExpnssAmt0-59239
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0778532
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0135695
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt063408
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt040638
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt089427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt064508
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0184085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0378658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0778532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0700613
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0629825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0551778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02660748
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01
IRS990ScheduleA/PublicSupportPY509Pct01
IRS990ScheduleA/PublicSupportTotal509Amt03039406
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0819170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0790040
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0694333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0735863
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Total509Grp/TotalAmt03039406
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0819170
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0790040
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0694333
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0735863
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03039406
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/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt017001
IRS990ScheduleD/EquipmentGrp/DepreciationAmt011072
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt028073
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt037985
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01208
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt039193
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0132941
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034141
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0167082
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03631
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0187927
IRS990ScheduleD/TotalLiabilityAmt03631
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOHN BELL IS THE FATHER OF STACEY BELL. STAN JOHNSON IS THE FATHER OF SARAH JOHNSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FIRST YEAR RETURN WAS FINALIZED ON THE DUE DATE. A FORMAL REVIEW BY THE FINANCE DIRECTOR WILL BE CONDUCTED UPON COMPLETION. THE RETURN WILL BE DISTRIBUTED AT A FUTURE BOARD MEETING FOR REVIEW. IN THE FUTURE, THE RETURN WILL BE COMPLETED IN TIME FOR A BOARD REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS WILL BE PROVIDED UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0205749
IRS990/TotalAssetsEOYAmt0164025
IRS990/TotalAssetsGrp/BOYAmt0205749
IRS990/TotalAssetsGrp/EOYAmt0164025
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt041245
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt028695
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079994
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0768737
IRS990/TotalFunctionalExpensesGrp/TotalAmt0877426
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt070054
IRS990/TotalLiabilitiesEOYAmt0100617
IRS990/TotalLiabilitiesGrp/BOYAmt070054
IRS990/TotalLiabilitiesGrp/EOYAmt0100617
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0135695
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt063408
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt00
IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0768737
IRS990/TotalProgramServiceRevenueAmt0778532
IRS990/TotalReportableCompFromOrgAmt0124901
IRS990/TotalRevenueGrp/ExclusionAmt0-1590
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0778532
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0818187
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0205749

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.49$0.15$0.33$1.44$1.62$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.68$0.16$0.51$1.94$1.59$0.35
2022Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.16$1.46$1.47$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.21$1.22$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$1.38$1.29$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.16$0.05$0.11$1.17$1.15$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.76$0.05$0.71$0.71$0.00$0.71
2017Detailed filing. Detailed filing data is available for this year.$1.82$0.08$1.74$0.70$0.00$0.70
2016Detailed filing. Detailed filing data is available for this year.$1.11$0.07$1.04$1.38$0.76$0.63
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.08$0.41$1.04$0.83$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.08$0.04$0.91$0.89$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.16$0.10$0.06$0.82$0.88$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.07$0.14$0.73
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.05$0.68