Civic Intelligence

Adera Foundation

990 • Fiscal year 2014 • EIN 26-4350780

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 29, 2015

3017 WaitsFort Worth, TX 76109

(817) 348-8180

Siviq Scores

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

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

45th percentile

1.1%

Higher net margin than 45% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

50th percentile

1.7%

Faster asset growth than 50% of similar nonprofits.

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

Revenue Growth

36th percentile

-7.3%

Faster revenue growth than 36% of similar nonprofits.

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

Assets

Up

$216,862

Up $3,625 (+1.7%) from 2013

Net Assets

Up

$215,650

Up $3,923 (+1.9%) from 2013

Liabilities

Down

$1,212

Down $298 (-20%) from 2013

Revenue

Down

$343,931

Down $26,906 (-7.3%) from 2013

Expenses

Down

$340,008

Down $1,450 (-0.4%) from 2013

Net Income

Down

$3,923

Down $25,456 (-87%) 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 2013: $213,237Liabilities 2013: $1,510Net Assets 2013: $211,7272013Assets 2014: $216,862Liabilities 2014: $1,212Net Assets 2014: $215,6502014Assets 2015: $315,222Liabilities 2015: $14,651Net Assets 2015: $300,5712015Assets 2016: $357,285Liabilities 2016: $8,437Net Assets 2016: $348,8482016Assets 2017: $432,534Liabilities 2017: $4,584Net Assets 2017: $427,9502017Assets 2018: $580,553Liabilities 2018: $14,936Net Assets 2018: $565,6172018Assets 2019: $659,804Liabilities 2019: $32,545Net Assets 2019: $627,2592019Assets 2020: $821,722Liabilities 2020: $5,844Net Assets 2020: $815,8782020Assets 2021: $999,856Liabilities 2021: $6,683Net Assets 2021: $993,1732021Assets 2022: $1,141,349Liabilities 2022: $18,113Net Assets 2022: $1,123,2362022Assets 2023: $1,248,155Liabilities 2023: $9,696Net Assets 2023: $1,238,4592023Assets 2024: $1,870,887Liabilities 2024: $5,233Net Assets 2024: $1,865,6542024

Highlighted filing

2014

Assets$216,862
Liabilities$1,212
Net Assets$215,650

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2013: $370,837Expenses 2013: $341,458Net Income 2013: $29,3792013Revenue 2014: $343,931Expenses 2014: $340,008Net Income 2014: $3,9232014Revenue 2015: $523,405Expenses 2015: $438,484Net Income 2015: $84,9212015Revenue 2016: $484,404Expenses 2016: $436,127Net Income 2016: $48,2772016Revenue 2017: $648,093Expenses 2017: $568,991Net Income 2017: $79,1022017Revenue 2018: $707,817Expenses 2018: $570,150Net Income 2018: $137,6672018Revenue 2019: $769,619Expenses 2019: $707,977Net Income 2019: $61,6422019Revenue 2020: $786,419Expenses 2020: $597,800Net Income 2020: $188,6192020Revenue 2021: $814,246Expenses 2021: $636,951Net Income 2021: $177,2952021Revenue 2022: $919,779Expenses 2022: $789,716Net Income 2022: $130,0632022Revenue 2023: $1,015,806Expenses 2023: $900,583Net Income 2023: $115,2232023Revenue 2024: $1,542,196Expenses 2024: $915,001Net Income 2024: $627,1952024

Highlighted filing

2014

Revenue$343,931
Expenses$340,008
Net Income$3,923
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 29, 2015
Return Version
2014v5.0
Gross Receipts
$343,931
Mission and Program Overview

Mission

Adera foundation assists individuals and organizations in improving people's lives around the world by providing research, logistics and assistance in project development and implementation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$204,578$208,555▲ $3,977
Prepaid Expenses and Deferred Charges$8,659$8,307▼ $352
Total Assets$213,237$216,862▲ $3,625
Liabilities
Accounts Payable and Accrued Expenses$1,510$1,212▼ $298
Total Liabilities$1,510$1,212▼ $298
Net Assets / Fund Balance
Unrestricted Net Assets$60,138$146,694▲ $86,556
Temporarily Rstr Net Assets$151,589$68,956▼ $82,633
Total Net Assets Fund Balance$211,727$215,650▲ $3,923
Total Liabilities and Net Assets / Fund Balance$213,237$216,862▲ $3,625

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$2,541$2,541
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$338,731
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$5,200
All Other Contributions
$338,731
Change in Net Assets
$3,923
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$255,045
Salaries, Compensation, and Employee Benefits$49,519
Other Expenses$35,444
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$217,297--$217,297
Other Salaries and Wages-$46,000-$46,000
Grants to Domestic Individuals$37,748--$37,748
Travel-$18,215-$18,215
Office Expenses-$9,493-$9,493
Payroll Taxes-$3,519-$3,519
Fees for Services Other-$3,399-$3,399
Conferences and Meetings-$1,440-$1,440
Insurance-$1,100-$1,100
Depreciation Depletion$700--$700
Fees for Services Accounting-$545-$545
Information Technology-$448-$448
Interest-$104-$104
Total Functional Expenses$255,745$84,263$0$340,008
International Activity

International Summary

Offices
6
Employees
61
Spending
$164,774

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EthiopiaDay CareSchool Supplies16$85,440
EthiopiaConstructionAdopt-a-village Dorm11$23,108
EthiopiaFeedingFood & Clothing11$18,339
KenyaEducationSchool Fees & Suppli128$18,228
EthiopiaOrphanageChild Care125$11,231
EthiopiaEducationGraduate Training1-$8,428
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
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, Page 6, Part VI, Line 11B

Return is provided to board chairman, controller and executive director for review prior to filing

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

Annual conflict of interest statement required of each board member

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Adera Foundation
EIN
26-4350780
Phone
8173488180
Address
3017 WAITS, FORT WORTH, TX 76109

Signing Officer

Name
Joe Robertson
Title
President
Phone
8173488180
Signed
2015-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Robertson
Formed
2009
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
60

Preparer

Firm
Sam C Cooper CPA Pc
Address
251 N FM 1626 BLDG 1 STE D, BUDA, TX 78610
Preparer
Sam C Cooper
Phone
5122958180
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Training, coordinating, accounting & professional services.

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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03519
IRS990/PayrollTaxesGrp/TotalAmt03519
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08659
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08307
IRS990/PrincipalOfficerNm0JOE ROBERTSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0367122
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0271122
IRS990/PYOtherExpensesAmt031333
IRS990/PYOtherRevenueAmt03715
IRS990/PYRevenuesLessExpensesAmt029379
IRS990/PYSalariesCompEmpBnftPaidAmt039003
IRS990/PYTotalExpensesAmt0341458
IRS990/PYTotalRevenueAmt0370837
IRS990/ReconcilationRevenueExpnssAmt03923
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 8,915
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0338731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0367122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0344594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0150421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt093144
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01294012
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt05200
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03715
IRS990ScheduleA/OtherIncome170Grp/TotalAmt08915
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99320
IRS990ScheduleA/PublicSupportTotal170Amt01294012
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0338731
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0367122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0344594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0150421
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt093144
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01294012
IRS990ScheduleA/TotalSupportAmt01302927
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02541
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02541
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt128
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt225
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt36
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt41
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt21
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt31
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt41
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt51
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt023108
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt118228
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt211231
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt385440
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt418339
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt58428
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1KENYA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt5ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ADOPT-A-VILLAGE DORM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SCHOOL FEES & SUPPLI
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2CHILD CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3SCHOOL SUPPLIES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4FOOD & CLOTHING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt5GRADUATE TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0CONSTRUCTION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2ORPHANAGE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3DAY CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4FEEDING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt5EDUCATION
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0164774
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt135978
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt216545
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK & WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CHECK & WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2CHECK & WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0EDUCATION & SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PROGRAM ADMIN
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2TRAINING
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt061
IRS990ScheduleF/SubtotalOfficesCnt06
IRS990ScheduleF/SubtotalSpentAmt0164774
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ETHIOPIA 23,108 0 KENYA 18,228 0 ETHIOPIA 11,231 0 ETHIOPIA 85,440 0 ETHIOPIA 18,339 0 ETHIOPIA 8,428 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalEmployeeCnt061
IRS990ScheduleF/TotalOfficeCnt06
IRS990ScheduleF/TotalSpentAmt0164774
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt037748
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MISSION TRIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt045
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRAINING, COORDINATING, ACCOUNTING & PROFESSIONAL SERVICES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1RETURN IS PROVIDED TO BOARD CHAIRMAN, CONTROLLER AND EXECUTIVE DIRECTOR FOR REVIEW PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL CONFLICT OF INTEREST STATEMENT REQUIRED OF EACH BOARD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0151589
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt068956

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