Civic Intelligence

Scholarshot

990 • Fiscal year 2014 • EIN 27-0232250

Jan 01, 2014 to Dec 31, 2014 • Filed on May 12, 2015

511 N AkardDallas, TX 75201

(214) 450-4332

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$130,602

Down $54,627 (-29%) from 2013

Net Assets

Down

$130,602

Down $54,627 (-29%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses

Revenue

Down

$217,952

Down $11,002 (-4.8%) from 2013

Expenses

Up

$271,278

Up $104,666 (+63%) from 2013

Net Income

Down

-$53,326

Down $115,668 (-186%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2010: $29,140Net Assets 2010: $29,1402010Assets 2011: $65,049Net Assets 2011: $65,0492011Assets 2012: $122,887Net Assets 2012: $122,8872012Assets 2013: $185,229Liabilities 2013: $0Net Assets 2013: $185,2292013Assets 2014: $130,602Liabilities 2014: $0Net Assets 2014: $130,6022014Assets 2015: $105,414Liabilities 2015: $0Net Assets 2015: $105,4142015Assets 2016: $116,848Liabilities 2016: $0Net Assets 2016: $116,8482016Assets 2017: $207,347Liabilities 2017: $0Net Assets 2017: $207,3472017Assets 2018: $351,184Liabilities 2018: $0Net Assets 2018: $351,1842018Assets 2019: $143,671Liabilities 2019: $0Net Assets 2019: $143,6712019Assets 2020: $478,451Liabilities 2020: $150,000Net Assets 2020: $328,4512020Assets 2021: $532,217Liabilities 2021: $153,451Net Assets 2021: $378,7662021Assets 2022: $385,838Liabilities 2022: $158,758Net Assets 2022: $227,0802022Assets 2023: $342,650Liabilities 2023: $155,642Net Assets 2023: $187,0082023Assets 2024: $203,578Liabilities 2024: $146,858Net Assets 2024: $56,7202024

Highlighted filing

2014

Assets$130,602
Liabilities$0
Net Assets$130,602

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $32,000Expenses 2010: $2,860Net Income 2010: $29,1402010Revenue 2011: $64,869Expenses 2011: $28,960Net Income 2011: $35,9092011Revenue 2012: $165,007Expenses 2012: $107,169Net Income 2012: $57,8382012Revenue 2013: $228,954Expenses 2013: $166,612Net Income 2013: $62,3422013Revenue 2014: $217,952Expenses 2014: $271,278Net Income 2014: -$53,3262014Revenue 2015: $371,221Expenses 2015: $396,409Net Income 2015: -$25,1882015Revenue 2016: $473,221Expenses 2016: $461,787Net Income 2016: $11,4342016Revenue 2017: $831,418Expenses 2017: $740,919Net Income 2017: $90,4992017Revenue 2018: $1,024,916Expenses 2018: $881,081Net Income 2018: $143,8352018Revenue 2019: $983,775Expenses 2019: $1,191,288Net Income 2019: -$207,5132019Revenue 2020: $1,246,794Expenses 2020: $1,062,014Net Income 2020: $184,7802020Revenue 2021: $1,259,804Expenses 2021: $1,209,488Net Income 2021: $50,3162021Revenue 2022: $1,283,608Expenses 2022: $1,435,295Net Income 2022: -$151,6872022Revenue 2023: $1,472,058Expenses 2023: $1,512,129Net Income 2023: -$40,0712023Revenue 2024: $1,455,813Expenses 2024: $1,586,101Net Income 2024: -$130,2882024

Highlighted filing

2014

Revenue$217,952
Expenses$271,278
Net Income-$53,326
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 12, 2015
Return Version
2014v5.0
Gross Receipts
$217,952
Mission and Program Overview

Mission

The corporation is organized for the charitable and educational

Provide mentoring, training, tutoring and scholarships for disadvantaged students in order for those students to pursue higher education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$185,229$130,602▼ $54,627
Rtn Earn Endowment Incm Other Fnds$185,229$130,602▼ $54,627
Total Assets$185,229$130,602▼ $54,627
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$185,229$130,602▼ $54,627
Total Liabilities and Net Assets / Fund Balance$185,229$130,602▼ $54,627
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Melva FranklinAdministratorFT$61,000$61,000

Board Members and Trustees

NameTitle
Jim WillsChair
Trey HillCommunity Chair
Lou SchaufeleOperations Chair
Bob MccameyVice Chair
Dan HooperExecutive Director
Georgia Sue BlackCommunications & Pr
Beth MaultsbyCompliance & Governance
Guy KerrCompliance & Governance
George MorganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$217,786
Program Service Revenue
$0
Investment Income
$166
Other Revenue
$0
All Other Contributions
$217,786
Change in Net Assets
$-53,326
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$151,050
Other Expenses$92,452
Total Fundraising Expense$21,481
Professional Fundraising Fees$14,050
Salaries, Compensation, and Employee Benefits$13,726

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$151,050--$151,050
Fees for Services Other$53,070$3,660$4,270$61,000
Fees for Services Professional Fundraising--$14,050$14,050
Other Salaries and Wages$11,093$765$892$12,750
Fees for Services Management$9,477$654$762$10,893
All Other Expenses$7,289$503$586$8,378
Insurance$2,593$179$209$2,981
Fees for Services Accounting$2,523$174$203$2,900
Occupancy$1,742$120$140$2,002
Payroll Taxes$849$59$68$976
Other Expenses$598$41$48$687
Travel$368$25$30$423
Total Functional Expenses$243,426$6,371$21,481$271,278
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$14,050
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Scholarshot
EIN
27-0232250
Phone
2144504332
Address
511 N AKARD, DALLAS, TX 75201

Signing Officer

Name
Dan Hooper
Title
Executive Director
Phone
2144504332
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dan Hooper
Formed
2009
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
1
Volunteers
40

Preparer

Firm
Malnory Mcneal & Company Pc
Address
1711 CLARKSVILLE ST, PARIS, TX 75460
Preparer
Mark Malnory
Phone
2145590784
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board is given a copy of the 990 to review before it is filed.

Pt VI, Line 12C

The policy will be distributed yearly and officers, directors, and key employees will sign a document stating that they have disclosed any interests.

Pt VI, Line 15A

The dfw metro area job compensation table for non-profit salary and benefits was consulted before any hiring was performed.

Form 990EZ, Part I, Line 8

MISC INCOME

Form 990EZ, Part I, Line 16

Bank fees events insurance expense student general expenses tuition payments supplies testing expense website hosting & services student rent student computers, printers, misc it

Form 990, Part IX, Line 24F

Meals & entertainment 1380. 1200. 83. 97. Credit card processing 649. 565. 39. 45. Postage & delivery 557. 485. 33. 39. Professional development 45. 39. 3. 3. Stationary & printing 2092. 1820. 126. 146. Supplies 418. 364. 25. 29. Website hosting & services 3237. 2816. 194. 227.

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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt036669
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0450
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt087119
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0217786
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0228822
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0164880
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt064076
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt032000
IRS990ScheduleA/Total509Grp/TotalAmt0707564
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0708183
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
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0151050
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0NONE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt041
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD IS GIVEN A COPY OF THE 990 TO REVIEW BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE POLICY WILL BE DISTRIBUTED YEARLY AND OFFICERS, DIRECTORS, AND KEY EMPLOYEES WILL SIGN A DOCUMENT STATING THAT THEY HAVE DISCLOSED ANY INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DFW METRO AREA JOB COMPENSATION TABLE FOR NON-PROFIT SALARY AND BENEFITS WAS CONSULTED BEFORE ANY HIRING WAS PERFORMED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MISC INCOME
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK FEES EVENTS INSURANCE EXPENSE STUDENT GENERAL EXPENSES TUITION PAYMENTS SUPPLIES TESTING EXPENSE WEBSITE HOSTING & SERVICES STUDENT RENT STUDENT COMPUTERS, PRINTERS, MISC IT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEALS & ENTERTAINMENT 1380. 1200. 83. 97. CREDIT CARD PROCESSING 649. 565. 39. 45. POSTAGE & DELIVERY 557. 485. 33. 39. PROFESSIONAL DEVELOPMENT 45. 39. 3. 3. STATIONARY & PRINTING 2092. 1820. 126. 146. SUPPLIES 418. 364. 25. 29. WEBSITE HOSTING & SERVICES 3237. 2816. 194. 227.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0185229
IRS990/TotalAssetsEOYAmt0130602
IRS990/TotalAssetsGrp/BOYAmt0185229
IRS990/TotalAssetsGrp/EOYAmt0130602
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0217786
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt021481
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06371
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0243426
IRS990/TotalFunctionalExpensesGrp/TotalAmt0271278
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0185229
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0130602
IRS990/TotalProgramServiceExpensesAmt0243426
IRS990/TotalReportableCompFromOrgAmt061000
IRS990/TotalRevenueGrp/ExclusionAmt0166
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0217952
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0185229
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0130602
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt030
IRS990/TravelGrp/ManagementAndGeneralAmt025
IRS990/TravelGrp/ProgramServicesAmt0368
IRS990/TravelGrp/TotalAmt0423
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04413 LARCHMONT AVE
IRS990/USAddress/CityNm0DALLAS
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075205
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0https://www.scholarshot.org/
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAN HOOPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02144504332
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCHOLARSHOT
ReturnHeader/Filer/BusinessNameControlTxt0SCHO
ReturnHeader/Filer/EIN0270232250
ReturnHeader/Filer/PhoneNum02144504332
ReturnHeader/Filer/USAddress/AddressLine1Txt0511 N AKARD
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075201
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MALNORY MCNEAL & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01711 CLARKSVILLE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PARIS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075460
ReturnHeader/PreparerPersonGrp/PhoneNum02145590784
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK MALNORY
ReturnHeader/ReturnTs02015-05-12T11:58:08-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.15$0.06$1.46$1.59$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.16$0.19$1.47$1.51$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.16$0.23$1.28$1.44$0.15
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.15$0.38$1.26$1.21$0.05
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.15$0.33$1.25$1.06$0.18
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.98$1.19$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.35$0.00$0.35$1.02$0.88$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.00$0.21$0.83$0.74$0.09
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.47$0.46$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.11$0.37$0.40$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.22$0.27$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.23$0.17$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.12$0.17$0.11$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.07$0.07$0.06$0.03$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.03$0.03$0.03$0.00$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • <$500k nonprofits