Civic Intelligence

Us Elite Foundation Inc

990EZ • Fiscal year 2014 • EIN 27-1014096

Jan 01, 2014 to Dec 31, 2014 • Filed on May 15, 2015

Organization Profile
1900 Enchanted Way Suite 100Grapevine, TX 76051

(972) 867-3627

Siviq Scores

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

Liabilities / Assets

97th percentile

2.67x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

0.79x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

14th percentile

-24%

Higher net margin than 14% 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

76th percentile

28%

Faster asset growth than 76% of similar nonprofits.

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

Revenue Growth

11th percentile

-42%

Faster revenue growth than 11% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$9,361

Up $2,021 (+28%) from 2013

Net Assets

Down

-$15,639

Down $7,464 (-91%) from 2013

Liabilities

Up

$25,000

Up $9,485 (+61%) from 2013

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin14th percentile

Revenue

Down

$31,699

Down $22,762 (-42%) from 2013

Expenses

Down

$39,163

Down $19,177 (-33%) from 2013

Net Income

Down

-$7,464

Down $3,585 (-92%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$100K$50K$0-$50K-$100KAssets 2011: $10,656Liabilities 2011: $17,425Net Assets 2011: -$6,7692011Assets 2012: $10,595Liabilities 2012: $14,891Net Assets 2012: -$4,2962012Assets 2013: $7,340Liabilities 2013: $15,515Net Assets 2013: -$8,1752013Assets 2014: $9,361Liabilities 2014: $25,000Net Assets 2014: -$15,6392014Assets 2015: $9,291Liabilities 2015: $62,448Net Assets 2015: -$53,1572015

Highlighted filing

2014

Assets$9,361
Liabilities$25,000
Net Assets-$15,639
Open 2014 Filing

Operations Trend

Revenue Growth11th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $118,243Expenses 2011: $128,016Net Income 2011: -$9,7732011Revenue 2012: $109,124Expenses 2012: $106,651Net Income 2012: $2,4732012Revenue 2013: $54,461Expenses 2013: $58,340Net Income 2013: -$3,8792013Revenue 2014: $31,699Expenses 2014: $39,163Net Income 2014: -$7,4642014Revenue 2015: $35,800Expenses 2015: $73,318Net Income 2015: -$37,5182015

Highlighted filing

2014

Revenue$31,699
Expenses$39,163
Net Income-$7,464
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 15, 2015
Return Version
2014v5.0
Gross Receipts
$31,699
Mission and Program Overview

Mission

to foster youth basketball

Program Services

DescriptionGrantsExpenses
Provided camps, basketball tournaments & drills for over 200 youth-$39,121
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Glen WyantTrustee-$0--
Brian CollyerTrustee-$0--
Jackie MooreTrustee-$0--
Filing and Contact Details

Filer

Filer Name
US Elite Foundation Inc
EIN
27-1014096
Phone
9728673627
Address
1900 Enchanted Way Suite 100, Grapevine, TX 76051

Signing Officer

Name
Glen Wyant
Title
Trustee
Signed
2015-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Stallard & Company
Address
9293 Huntington Sq Suite 200, North Richland Hills, TX 76182
Preparer
Jill Stallard
Phone
8175140200
Supplemental Narrative

Additional Explanations

Part II, Line 26 - Other Liabilities

“The foundation has a note payable to Frost Bank for $25,000”

Part I, Line 16 - Other Expenses

“Supplies $1187.93, Travel $12899.02 Fees $1373.84”

Raw XML Appendix123 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Glen Wyant
IRS990EZ/BooksInCareOfDetail/PhoneNum08175140200
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01900 Enchanted Way St 100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Grapevine
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd076051
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt07340
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09361
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt019465
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7464
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt023702
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt07340
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09361
IRS990EZ/GrossReceiptsAmt031699
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt012234
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-8175
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-15639
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-8175
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-15639
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Glen Wyant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Brian Collyer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Jackie Moore
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt015461
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0to foster youth basketball
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Provided camps, basketball tournaments & drills for over 200 youth
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt039121
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt015515
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt025000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt039163
IRS990EZ/TotalProgramServiceExpensesAmt039121
IRS990EZ/TotalRevenueAmt031699
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019465
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt022000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt077675
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt066096
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0185236
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0185236
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt019465
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt022000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt077675
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt066096
IRS990ScheduleA/Total509Grp/TotalAmt0185236
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt019465
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt022000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt077675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt066096
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0185236
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The foundation has a note payable to Frost Bank for $25,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Supplies $1187.93, Travel $12899.02 Fees $1373.84
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part II, Line 26 - Other Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Part I, Line 16 - Other Expenses
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Glen Wyant
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0US Elite Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0USEL
ReturnHeader/Filer/EIN0271014096
ReturnHeader/Filer/PhoneNum09728673627
ReturnHeader/Filer/USAddress/AddressLine1Txt01900 Enchanted Way Suite 100
ReturnHeader/Filer/USAddress/CityNm0Grapevine
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076051
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0752315739
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Stallard & Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09293 Huntington Sq Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0North Richland Hills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076182
ReturnHeader/PreparerPersonGrp/PhoneNum08175140200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Jill Stallard
ReturnHeader/ReturnTs02015-05-05T14:40:04-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,361
Liabilities
$25,000
Net assets
-$15,639
Revenue
$31,699
Expenses
$39,163
Net income
-$7,464
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.62$0.53$0.36$0.73$0.38
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.25$0.16$0.32$0.39$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.07$0.16$0.08$0.54$0.58$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.15$0.04$1.09$1.07$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.17$0.07$1.18$1.28$0.10