Civic Intelligence

The Emerson Foundation

990 • Fiscal year 2014 • EIN 26-3693330

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 09, 2015

1 Valley View DriveRound Rock, TX 78664

(512) 252-0400

Siviq Scores

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

Liabilities / Assets

87th percentile

0.67x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

61st percentile

0.09x

Higher debt load relative to revenue than 61% of similar nonprofits.

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

Net Margin

49th percentile

2.6%

Higher net margin than 49% of similar nonprofits.

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

Top Officer Pay

74th percentile

$63,588

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

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

Asset Growth

8th percentile

-23%

Faster asset growth than 8% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

62nd percentile

11%

Faster revenue growth than 62% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$125,510

Down $38,515 (-23%) from 2013

Net Assets

Down

$41,836

Down $21,572 (-34%) from 2013

Liabilities

Down

$83,674

Down $16,943 (-17%) from 2013

Revenue

Up

$910,170

Up $91,983 (+11%) from 2013

Expenses

Up

$886,172

Up $8,746 (+1.0%) from 2013

Net Income

Up

$23,998

Up $83,237 (+141%) from 2013

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

2014

Assets$125,510
Liabilities$83,674
Net Assets$41,836

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

2014

Revenue$910,170
Expenses$886,172
Net Income$23,998
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 9, 2015
Return Version
2014v5.0
Gross Receipts
$910,170
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; providing researched-based teaching practices that support each child's unique stages of development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$187,927$95,199▼ $92,728
Rtn Earn Endowment Incm Other Fnds$63,408$41,836▼ $21,572
Cash and Non-Interest-Bearing Accounts$-23,902$30,311▲ $54,213
Total Assets$164,025$125,510▼ $38,515
Liabilities
Mortgage Notes Payable Secured by Investment Property$96,986$83,674▼ $13,312
Other Liabilities$3,631--
Total Liabilities$100,617$83,674▼ $16,943
Net Assets / Fund Balance
Total Net Assets Fund Balance$63,408$41,836▼ $21,572
Total Liabilities and Net Assets / Fund Balance$164,025$125,510▼ $38,515

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$85,892$12,894-
Other Land Buildings$9,307$35,850-
Equipment-$132,513-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sarah JohnsonExecutive DirectorFT$63,588$63,588
Stacey BellTreasurer-$46,885$46,885

Board Members and Trustees

NameTitle
Sarah DailyCo-president
Sheryl SandsCo-president
Debbie JuhlkeMember
Pam OwensMember
Revenue and Support

Revenue Composition

Contributions and Grants
$4,980
Program Service Revenue
$905,190
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,085
Change in Net Assets
$23,998
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$677,638
Other Expenses$208,534
Total Fundraising Expense$37,797
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$515,397--$515,397
Current Officers, Directors, Trustees, and Key Employees$23,199$52,364$34,909$110,472
Payroll Taxes$41,203$4,006$2,671$47,880
Occupancy$38,949--$38,949
Depreciation Depletion$19,556--$19,556
Fees for Services Other-$14,077-$14,077
Office Expenses$11,593--$11,593
All Other Expenses$7,999--$7,999
Advertising-$7,330-$7,330
Other Expenses$6,585--$6,585
Travel$4,878--$4,878
Other Employee Benefits$3,347$325$217$3,889
Insurance-$3,006-$3,006
Information Technology$2,734--$2,734
Fees for Services Accounting-$1,280-$1,280
Fees for Services Legal-$938-$938
Total Functional Expenses$765,049$83,326$37,797$886,172
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stan JohnsonFather of Executive DirectorLoan to Emerson Foundation Executed 5-24-12No$68,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Part vi sec a line 2: john bell is the father of stacey bell. Stan johnson is the father of sarah johnson.

Form 990 governing body review Part VI line 11

Part vi sec b line 11b: return was finalized and filed by the extended due date. A formal review by the treasurer will be conducted upon completion. The return will be distributed at a future board meeting for review. Should timing allow, the return will be completed in time for board review prior to filing.

Governing documents etc available to public Part VI line 19

Part vi sec c line 19: documents will be provided upon request at the organization's office.

Filing and Contact Details

Filer

Filer Name
The Emerson Foundation
EIN
26-3693330
Address
1 VALLEY VIEW DRIVE, ROUND ROCK, TX 78664

Signing Officer

Name
Sarah Johnson
Title
Executive Direc
Phone
5122520400
Signed
2015-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Johnson
Formed
2010
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
4
Employees
59
Volunteers
50

Preparer

Firm
Bittel Books & Taxes
Address
1725 TOOMEY RD STE 112, AUSTIN, TX 78704
Preparer
Carlie Bittel CPA
Phone
8163014538
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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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt089427
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt064508
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0184085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0424973
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0858874
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0778532
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0700613
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0629825
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0551778
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03519622
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt03944595
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0905189
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0819170
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0790040
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0694333
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0735863
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0694333
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03944595
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt085892
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012894
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt098786
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0132513
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0132513
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09307
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035850
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt045157
IRS990ScheduleD/TotalBookValueLandBuildingsAmt095199
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0STAN JOHNSON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0FATHER OF EXECUTIVE DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt068500
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN TO EMERSON FOUNDATION EXECUTED 5-24-12
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PART VI SEC A LINE 2: JOHN BELL IS THE FATHER OF STACEY BELL. STAN JOHNSON IS THE FATHER OF SARAH JOHNSON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PART VI SEC B LINE 11B: RETURN WAS FINALIZED AND FILED BY THE EXTENDED DUE DATE. A FORMAL REVIEW BY THE TREASURER WILL BE CONDUCTED UPON COMPLETION. THE RETURN WILL BE DISTRIBUTED AT A FUTURE BOARD MEETING FOR REVIEW. SHOULD TIMING ALLOW, THE RETURN WILL BE COMPLETED IN TIME FOR BOARD REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PART VI SEC C LINE 19: DOCUMENTS WILL BE PROVIDED UPON REQUEST AT THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0164025
IRS990/TotalAssetsEOYAmt0125510
IRS990/TotalAssetsGrp/BOYAmt0164025
IRS990/TotalAssetsGrp/EOYAmt0125510
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IRS990/TotalContributionsAmt04980
IRS990/TotalEmployeeCnt059
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt037797
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt083326
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0765049
IRS990/TotalFunctionalExpensesGrp/TotalAmt0886172
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0100617
IRS990/TotalLiabilitiesEOYAmt083674
IRS990/TotalLiabilitiesGrp/BOYAmt0100617
IRS990/TotalLiabilitiesGrp/EOYAmt083674
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt063408
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt041836
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt0455893
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt0455893
IRS990/TotalProgramServiceExpensesAmt0765049
IRS990/TotalProgramServiceRevenueAmt0905190
IRS990/TotalReportableCompFromOrgAmt0110473
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0905190
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0910170
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0164025
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0125510
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt04878
IRS990/TravelGrp/TotalAmt04878
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.EMERSON-ACADEMY.COM
IRS990/WhistleblowerPolicyInd0false
IRS990/WrittenPolicyOrProcedureInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SARAH JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum05122520400
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE EMERSON FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0EMER
ReturnHeader/Filer/EIN0263693330
ReturnHeader/Filer/USAddress/AddressLine1Txt01 VALLEY VIEW DRIVE
ReturnHeader/Filer/USAddress/CityNm0ROUND ROCK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078664
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463951753
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BITTEL BOOKS & TAXES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01725 TOOMEY RD STE 112
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078704
ReturnHeader/PreparerPersonGrp/PhoneNum08163014538
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CARLIE BITTEL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-11-09T18:23:51-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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