Civic Intelligence

Adera Foundation C/O Joe Robertson

990 • Fiscal year 2017 • EIN 26-4350780

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

2901 Riverglen DriveFort Worth, TX 76109

(817) 692-0169

Siviq Scores

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

Liabilities / Assets

39th percentile

0.01x

Higher debt load relative to assets than 39% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

35th percentile

0.01x

Higher debt load relative to revenue than 35% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

68th percentile

12%

Higher net margin than 68% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$55,000

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 8.5% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

78th percentile

21%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

80th percentile

34%

Faster revenue growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$432,534

Up $75,249 (+21%) from 2016

Net Assets

Up

$427,950

Up $79,102 (+23%) from 2016

Liabilities

Down

$4,584

Down $3,853 (-46%) from 2016

Revenue

Up

$648,093

Up $163,689 (+34%) from 2016

Expenses

Up

$568,991

Up $132,864 (+30%) from 2016

Net Income

Up

$79,102

Up $30,825 (+64%) from 2016

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

2017

Assets$432,534
Liabilities$4,584
Net Assets$427,950

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

2017

Revenue$648,093
Expenses$568,991
Net Income$79,102
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$750,290
Mission and Program Overview

Mission

Adera's mission is to walk alongside and empower those who cannot bear to walk alone. We are committed to providing basic needs, teaching essential life skills, and sharing the gospel to provide opportunities for women, children, families and communities in addis ababa, ethiopia

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$310,271$303,794▼ $6,477
Savings and Temporary Cash Investments-$89,194-
Prepaid Expenses and Deferred Charges$41,740$31,335▼ $10,405
Accounts Receivable$3,759$8,211▲ $4,452
Other Notes and Loans Receivable, Net$1,515--
Total Assets$357,285$432,534▲ $75,249
Liabilities
Accounts Payable and Accrued Expenses$8,437$4,584▼ $3,853
Total Liabilities$8,437$4,584▼ $3,853
Net Assets / Fund Balance
Unrestricted Net Assets$251,456$355,086▲ $103,630
Temporarily Rstr Net Assets$97,392$72,864▼ $24,528
Total Net Assets Fund Balance$348,848$427,950▲ $79,102
Total Liabilities and Net Assets / Fund Balance$357,285$432,534▲ $75,249

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,948$3,948
Other Land Buildings-$695$695
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julie MillerExecutive DiFT$55,000$55,000

Board Members and Trustees

NameTitle
Clayton LuskiePresident
Abby LuskieDirector
Asha JohnDirector
Caren RobertsonDirector
David RappDirector
Dr Joseph BurkettDirector
Hagen HaentschDirector
Katie HaentschDirector
Molly BurkettDirector
Nikki RappDirector
Toni MeadowsDirector
Louis HockettController/f
Traci HancockSecretary
Joe RobertsonVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$594,617
Program Service Revenue
$0
Investment Income
$4,381
Other Revenue
$49,095
All Other Contributions
$560,917
Change in Net Assets
$79,102

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$84,304Fair Market Value
Total Noncash Contributions3$84,304-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$392,195
Other Expenses$117,588
Salaries, Compensation, and Employee Benefits$59,208
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$314,585--$314,585
Grants to Domestic Individuals$77,610--$77,610
Current Officers, Directors, Trustees, and Key Employees-$55,000-$55,000
Office Expenses-$26,085-$26,085
Information Technology-$9,793-$9,793
Travel-$4,923-$4,923
Payroll Taxes-$4,208-$4,208
Fees for Services Accounting-$3,336-$3,336
Fees for Services Management-$3,312-$3,312
Conferences and Meetings-$1,135-$1,135
Insurance-$1,100-$1,100
Advertising-$871-$871
Other Expenses$2,208$315-$315
Total Functional Expenses$457,398$111,593$0$568,991
International Activity

International Summary

Offices
6
Employees
85
Spending
$316,559

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$164,947
EthiopiaLife ImprovementWork Program120$66,272
EthiopiaFeedingFood & Clothing16$54,059
EthiopiaOrphanageChild Care128$16,718
EthiopiaSpiritual DevelopPastor Training15$9,728
EthiopiaEducationGraduate Training11$4,835
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,384
Fundraising Gross Income$16,520
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Farm to Table$50,220$16,520$17,384$-864
Total Events$50,220$16,520$17,384$-864
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 2

Joe robertson caren robertson vp director husband & wife dr. Joseph burkett molly burkett director director husband & wife hagen haentsch katie haentsch director director husband & wife clayton luskie abby luskie president director husband & wife david rapp nikki rapp director director husband & wife abby luskie dr. Joseph burkett director director daughter & father abby luskie molly burkett director director daughter & mother

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

Documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Adera Foundation
EIN
26-4350780
Phone
8176920169
Address
2901 RIVERGLEN DRIVE, FORT WORTH, TX 76109

Signing Officer

Name
Julie Miller
Title
Executive Director
Phone
8176920169
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Miller
Formed
2009
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
62

Preparer

Firm
Barg & Henson Cpas Pllc
Address
1300 S UNIVERSITY DR STE 312, FORT WORTH, TX 76107-8099
Preparer
Robert a Henson
Phone
8178701057
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Training, coordinating, accounting & professional services

Form 990, Page 2, Part III, Line 4D

Project facilitation and related management of facilities improvements,

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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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IRS990/OtherExpensesGrp/Desc0COGS
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL PROGRAM
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3TAXES
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IRS990/OtherRevenueMiscGrp/Desc0SALE OF ETHIOPIA ITEMS
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
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IRS990/PrincipalOfficerNm0JULIE MILLER
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROJECT FACILITATION AND RELATED MANAGEMENT OF FACILITIES IMPROVEMENTS,
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER PROGRAM RELATED INCOME 126,322
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt5ETHIOPIA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0CHILD CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SCHOOL SUPPLIES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2FOOD & CLOTHING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3GRADUATE TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt4PASTOR TRAINING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt5WORK PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0ORPHANAGE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1DAY CARE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2FEEDING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3EDUCATION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt4SPIRITUAL DEVELOP
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt5LIFE IMPROVEMENT
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IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0314585
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK & WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0PROJECT FACILITATION
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IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt085
IRS990ScheduleF/SubtotalOfficesCnt06
IRS990ScheduleF/SubtotalSpentAmt0316559
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0ETHIOPIA 16,718 0 ETHIOPIA 164,947 0 ETHIOPIA 54,059 0 ETHIOPIA 4,835 0 ETHIOPIA 9,728 0 ETHIOPIA 66,272 0
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, LINE 3
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FARM TO TABLE
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017384
IRS990ScheduleI/GrantRecordsMaintainedInd0false

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