Civic Intelligence

Adera Foundation

990 • Fiscal year 2015 • EIN 26-4350780

Jan 01, 2015 to Dec 31, 2015 • Filed on May 11, 2016

2901 Riverglen DrFort Worth, TX 76109

(817) 692-0169

Siviq Scores

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

Liabilities / Assets

51st percentile

0.05x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

0.03x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

75th percentile

16%

Higher net margin than 75% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

88th percentile

45%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

88th percentile

52%

Faster revenue growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$315,222

Up $98,360 (+45%) from 2014

Net Assets

Up

$300,571

Up $84,921 (+39%) from 2014

Liabilities

Up

$14,651

Up $13,439 (+1109%) from 2014

Revenue

Up

$523,405

Up $179,474 (+52%) from 2014

Expenses

Up

$438,484

Up $98,476 (+29%) from 2014

Net Income

Up

$84,921

Up $80,998 (+2065%) from 2014

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

2015

Assets$315,222
Liabilities$14,651
Net Assets$300,571

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

2015

Revenue$523,405
Expenses$438,484
Net Income$84,921
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 11, 2016
Return Version
2015v2.1
Gross Receipts
$523,405
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$208,555$299,808▲ $91,253
Prepaid Expenses and Deferred Charges$8,307$15,342▲ $7,035
Other Notes and Loans Receivable, Net-$72-
Total Assets$216,862$315,222▲ $98,360
Liabilities
Accounts Payable and Accrued Expenses$1,212$14,651▲ $13,439
Total Liabilities$1,212$14,651▲ $13,439
Net Assets / Fund Balance
Unrestricted Net Assets$146,694$217,934▲ $71,240
Temporarily Rstr Net Assets$68,956$82,637▲ $13,681
Total Net Assets Fund Balance$215,650$300,571▲ $84,921
Total Liabilities and Net Assets / Fund Balance$216,862$315,222▲ $98,360

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$1,846$1,846
Other Land Buildings-$695$695
Compensation and Service Providers

Board Members and Trustees

NameTitle
Clayton LuskiePresident
Abby LuskieDirector
Asha JohnDirector
Caren RobertsonDirector
Dr Joseph BurkettDirector
Elizabeth BattonDirector
John BattonDirector
John PribbleDirector
Keri PribbleDirector
Michael AncyDirector
Molly BurkettDirector
Roxanne AncyDirector
Traci HancockSecretary
Joe RobertsonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$493,216
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$30,189
All Other Contributions
$493,216
Change in Net Assets
$84,921
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$317,305
Other Expenses$69,507
Salaries, Compensation, and Employee Benefits$51,672
Total Fundraising Expense$22,795
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$267,352--$267,352
Grants to Domestic Individuals$49,953--$49,953
Other Salaries and Wages-$48,000-$48,000
Office Expenses-$20,558$185$20,743
Other Expenses--$19,113$19,113
Travel-$10,652-$10,652
Fees for Services Other-$7,619-$7,619
Conferences and Meetings-$2,234$3,472$5,706
Payroll Taxes-$3,672-$3,672
Information Technology-$1,857-$1,857
Occupancy-$1,853-$1,853
Insurance-$1,100-$1,100
Fees for Services Accounting-$768-$768
Advertising-$71$25$96
Total Functional Expenses$317,305$98,384$22,795$438,484
International Activity

International Summary

Offices
6
Employees
62
Spending
$223,575

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 Supplies125$149,738
EthiopiaFeedingFood & Clothing16$20,518
KenyaEducationSchool Fees & Suppli11$20,453
EthiopiaOrphanageChild Care128$13,970
EthiopiaSpiritual DevelopmenPastor Training11$13,916
EthiopiaEducationGraduate Training11$4,980
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
8176920169
Address
2901 RIVERGLEN DR, FORT WORTH, TX 76109

Signing Officer

Name
Joe Robertson
Title
Vice-president
Phone
8176920169
Signed
2016-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Robertson
Formed
2009
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
34

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/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/CurrentTaxYearAmt0493216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0338731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0367122
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0344594
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0150421
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01694084
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03987
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt026202
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05200
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03715
IRS990ScheduleA/OtherIncome170Grp/TotalAmt035117
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97970
IRS990ScheduleA/PublicSupportPY170Pct00.99320
IRS990ScheduleA/PublicSupportTotal170Amt01694084
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0493216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0338731
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0367122
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0344594
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0150421
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01694084
IRS990ScheduleA/TotalSupportAmt01729201
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/DepreciationAmt01846
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01846
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0695
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0695
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt128
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt225
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt36
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt41
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt51
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt21
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt31
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt41
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt51
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt020453
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt113970
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2149738
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt320518
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt44980
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt513916
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0KENYA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt5ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SCHOOL FEES & SUPPLI
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1CHILD CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2SCHOOL SUPPLIES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3FOOD & CLOTHING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4GRADUATE TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt5PASTOR TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1ORPHANAGE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2DAY CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3FEEDING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt5SPIRITUAL DEVELOPMEN
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0223574
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt143778
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK & WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CHECK & WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0EDUCATION & SUPPLIES
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1PROGRAM ADMIN
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt062
IRS990ScheduleF/SubtotalOfficesCnt06
IRS990ScheduleF/SubtotalSpentAmt0223575
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0KENYA 20,453 0 ETHIOPIA 13,970 0 ETHIOPIA 149,738 0 ETHIOPIA 20,518 0 ETHIOPIA 4,980 0 ETHIOPIA 13,916 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
IRS990ScheduleF/TotalEmployeeCnt062
IRS990ScheduleF/TotalOfficeCnt06
IRS990ScheduleF/TotalSpentAmt0223575
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt049953
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0MISSION TRIPS
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/BOYAmt068956
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt082637
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0216862
IRS990/TotalAssetsEOYAmt0315222
IRS990/TotalAssetsGrp/BOYAmt0216862
IRS990/TotalAssetsGrp/EOYAmt0315222
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0493216
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022795
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt098384

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