Liabilities / Assets
85th percentile
Higher debt load relative to assets than 85% of similar nonprofits.
Polk County Higher Education & Technology Foundation
990EZ • Fiscal year 2021 • EIN 27-0411361
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.29x
Liabilities / Revenue
89th percentile
Higher debt load relative to revenue than 89% of similar nonprofits.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Balance Sheet
Assets
Up$278,090
Up $78,209 (+39%) from 2020
Net Assets
Up$197,331
Up $70,112 (+55%) from 2020
Liabilities
Up$80,759
Up $8,097 (+11%) from 2020
Revenue And Expenses
Revenue
Up$197,045
Up $108,590 (+123%) from 2020
Expenses
Down$126,933
Down $16,623 (-12%) from 2020
Net Income
Up$70,112
Up $125,213 (+227%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2020 to Sep 30, 2021
- Signed
- Feb 19, 2022
- Return Version
- 2020v4.0
- Gross Receipts
- $197,045
Mission and Program Overview
Mission
To promote education, scientific and other charitable purposes in polk county, tx, and to provide a development facility in polk county, tx which will be for the exclusive purpose as an education and training center, including any ancillary uses necessary.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDE ADDITIONAL FUNDING AND PUBLIC AWARENESS AND PARTICIPATION IN ORDER TO ACCOMPLISH THE GOAL OF ESTABLISHING A HIGHER EDUCATION FACILITY IN POLK COUNTY. | - | $126,933 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SYDNEY MURPHY | Director | - | $0 | - | - |
| SHELLY SITTON | Secretary | - | $0 | - | - |
| CONNIE SLOCOMB | Director | - | $0 | - | - |
| CRAIG EVANS | President | - | $0 | - | - |
| GARVEY JACKSON | Treasurer | - | $0 | - | - |
| MARTHA WATSON | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Polk County Higher Education &
- EIN
- 27-0411361
- Phone
- 9363273166
- Address
- 203 N HOUSTON AVE, LIVINGSTON, TX 77351
Signing Officer
- Name
- Garvey Jackson
- Title
- Treasurer
- Phone
- 9363273166
- Signed
- 2022-02-19
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Axley & Rode Llp
- Address
- 203 N HOUSTON AVE, LIVINGSTON, TX 77351
- Preparer
- J Garvey Jackson Pc CPA
- Phone
- 9363273166
Supplemental Narrative
Additional Explanations
Form 990-ez, Part II, Line 24
“Accounts receivable 2,393 1,783 portable stage 190,636 190,636 less accumulated depreciation 187,773 188,128 pipe & drape for stage 0 0 paragon popcorn machine 0 0 executive director desk 0 0 clarke 20" buffer 0 0 signs 0 0 tables & chairs 0 0 817 banquet chairs 0 0 chairs & desks 0 0 7 banquet chairs 0 0 undeposited funds 0 0 total 5,256 4,291”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 68,000 68,000 damange deposits 3,650 6,750 payroll liabilities 1,011 1,009 sponsorship deposit 0 5,000”
Form 990-ez, Part III
“To promote education, scientific and other charitable purposes in polk county, tx, and to provide a development facility in polk county, tx which will be for the exclusive purpose as an education and training center, including any ancillary uses necessary.”
Raw XML Appendix150 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | SYDNEY MURPHY |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | SHELLY SITTON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | CONNIE SLOCOMB |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | CRAIG EVANS |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | GARVEY JACKSON |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 5 | MARTHA WATSON |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | GARVEY JACKSON |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 9363273166 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 203 N HOUSTON AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | LIVINGSTON |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 77351 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 194624 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 273799 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 65689 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 70112 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8191 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 199880 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 278090 |
| IRS990EZ/GrossReceiptsAmt | 0 | 197045 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 127219 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 197331 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 127219 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 197331 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 71156 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 000.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SYDNEY MURPHY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SHELLY SITTON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CONNIE SLOCOMB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | CRAIG EVANS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | GARVEY JACKSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MARTHA WATSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 5256 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 4291 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE EDUCATION, SCIENTIFIC AND OTHER CHARITABLE PURPOSES IN POLK COUNTY, TX, AND TO PROVIDE A DEVELOPMENT FACILITY IN POLK COUNTY, TX WHICH WILL BE FOR THE EXCLUSIVE PURPOSE AS AN EDUCATION AND TRAINING CENTER, INCLUDING ANY ANCILLARY USES NECESSARY. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 131356 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDE ADDITIONAL FUNDING AND PUBLIC AWARENESS AND PARTICIPATION IN ORDER TO ACCOMPLISH THE GOAL OF ESTABLISHING A HIGHER EDUCATION FACILITY IN POLK COUNTY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 126933 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 47586 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 72661 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 80759 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 126933 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 126933 |
| IRS990EZ/TotalRevenueAmt | 0 | 197045 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationAssocInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 65689 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 49327 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37613 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 22830 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 21395 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 196854 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 337283 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.92210 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.90140 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 196854 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 65689 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 49327 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 37613 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 22830 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 21395 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 196854 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 213488 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 6534 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10100 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 16634 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACCOUNTS RECEIVABLE 2,393 1,783 PORTABLE STAGE 190,636 190,636 LESS ACCUMULATED DEPRECIATION 187,773 188,128 PIPE & DRAPE FOR STAGE 0 0 PARAGON POPCORN MACHINE 0 0 EXECUTIVE DIRECTOR DESK 0 0 CLARKE 20" BUFFER 0 0 SIGNS 0 0 TABLES & CHAIRS 0 0 817 BANQUET CHAIRS 0 0 CHAIRS & DESKS 0 0 7 BANQUET CHAIRS 0 0 UNDEPOSITED FUNDS 0 0 TOTAL 5,256 4,291 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | UNSECURED NOTES AND LOANS PAYABLE 68,000 68,000 DAMANGE DEPOSITS 3,650 6,750 PAYROLL LIABILITIES 1,011 1,009 SPONSORSHIP DEPOSIT 0 5,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | TO PROMOTE EDUCATION, SCIENTIFIC AND OTHER CHARITABLE PURPOSES IN POLK COUNTY, TX, AND TO PROVIDE A DEVELOPMENT FACILITY IN POLK COUNTY, TX WHICH WILL BE FOR THE EXCLUSIVE PURPOSE AS AN EDUCATION AND TRAINING CENTER, INCLUDING ANY ANCILLARY USES NECESSARY. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | GARVEY JACKSON |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 9363273166 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-02-19 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | POLK COUNTY HIGHER EDUCATION & |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | TECHNOLOGY FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | POLK |
| ReturnHeader/Filer/EIN | 0 | 270411361 |
| ReturnHeader/Filer/PhoneNum | 0 | 9363273166 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 203 N HOUSTON AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LIVINGSTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 77351 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 750767305 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | AXLEY & RODE LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 203 N HOUSTON AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | LIVINGSTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 77351 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9363273166 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-02-19 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | J GARVEY JACKSON PC CPA |
| ReturnHeader/ReturnTs | 0 | 2022-02-19T14:37:06-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | GARVEY |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | JACKSON |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-10-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-09-30 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $278,090
- Liabilities
- $80,759
- Net assets
- $197,331
- Revenue
- $197,045
- Expenses
- $126,933
- Net income
- $70,112