Civic Intelligence

Alpha State Texas Educational Foundation

990 • Fiscal year 2020 • EIN 27-3181405

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 05, 2020

PO Box 797787Dallas, TX 75379

(972) 930-9945

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

5th percentile

-73%

Higher net margin than 5% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

17th percentile

-3.9%

Faster asset growth than 17% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

10th percentile

-42%

Faster revenue growth than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,842,767

Down $75,687 (-3.9%) from 2019

Net Assets

Down

$1,842,767

Down $75,687 (-3.9%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$103,535

Down $75,588 (-42%) from 2019

Expenses

Down

$179,222

Down $18,069 (-9.2%) from 2019

Net Income

Down

-$75,687

Down $57,519 (-317%) from 2019

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 2017: $1,995,146Liabilities 2017: $0Net Assets 2017: $1,995,1462017Assets 2018: $1,936,622Liabilities 2018: $0Net Assets 2018: $1,936,6222018Assets 2019: $1,918,454Liabilities 2019: $0Net Assets 2019: $1,918,4542019Assets 2020: $1,842,767Liabilities 2020: $0Net Assets 2020: $1,842,7672020Assets 2021: $1,872,925Liabilities 2021: $1Net Assets 2021: $1,872,9242021Assets 2022: $1,930,451Liabilities 2022: $0Net Assets 2022: $1,930,4512022Assets 2023: $1,861,834Liabilities 2023: $0Net Assets 2023: $1,861,8342023Assets 2024: $1,802,310Liabilities 2024: $0Net Assets 2024: $1,802,3102024

Highlighted filing

2020

Assets$1,842,767
Liabilities$0
Net Assets$1,842,767

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $170,015Expenses 2017: $208,054Net Income 2017: -$38,0392017Revenue 2018: $121,529Expenses 2018: $180,053Net Income 2018: -$58,5242018Revenue 2019: $179,123Expenses 2019: $197,291Net Income 2019: -$18,1682019Revenue 2020: $103,535Expenses 2020: $179,222Net Income 2020: -$75,6872020Revenue 2021: $189,369Expenses 2021: $159,212Net Income 2021: $30,1572021Revenue 2022: $223,112Expenses 2022: $165,585Net Income 2022: $57,5272022Revenue 2023: $120,061Expenses 2023: $188,678Net Income 2023: -$68,6172023Revenue 2024: $126,557Expenses 2024: $186,081Net Income 2024: -$59,5242024

Highlighted filing

2020

Revenue$103,535
Expenses$179,222
Net Income-$75,687
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 5, 2020
Return Version
2019v5.0
Gross Receipts
$197,464
Mission and Program Overview

Mission

To provide funding for activities to support professional and personal growth of women educators in texas

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,734,052$1,675,826▼ $58,226
Cash and Non-Interest-Bearing Accounts$110,853$98,231▼ $12,622
Savings and Temporary Cash Investments$22,848$23,010▲ $162
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,918,454$1,842,767▼ $75,687
Other Assets Total$50,701$45,700▼ $5,001
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,325,000$1,325,000→ $0
Net Assets Without Donor Restrictions$593,454$517,767▼ $75,687
Total Net Assets Fund Balance$1,918,454$1,842,767▼ $75,687
Total Liabilities and Net Assets / Fund Balance$1,918,454$1,842,767▼ $75,687
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Barbara DerrickPast President
Rhonda PoseyPresident
Charlotte NymanDirector
Debbi BallDirector
Elke EisenhauerDirector
Janet HelmcampDirector
Janie WigleyDirector
Kellie RogersDirector
Kerry JamesDirector
Lynda AndersonDirector
Maria V GonzalesDirector
Gail HerringSecretary
Lou HittSecretary
Cindy DrummVP Advancement
Nelle GentryVP Finance/Adm
Dr Rosemary MorrowVP Marketing
Cindy NeanderVP Programs
Revenue and Support

Revenue Composition

Contributions and Grants
$52,754
Program Service Revenue
$0
Investment Income
$51,496
Other Revenue
$-715
All Other Contributions
$52,754
Change in Net Assets
$-75,687

Audited Revenue Reconciliation

Revenue per Audited Statements
$103,535
Total Revenue per Audited Statements
$103,535
Total Revenue per Form 990
$103,535
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$92,330
Grants and Similar Amounts Paid$86,892
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$58,308--$58,308
Grants to Domestic Orgs$28,584--$28,584
Travel$4,022$1,340-$5,362
Fees for Services Accounting$2,813$937-$3,750
Other Expenses$1,507$502-$2,009
All Other Expenses$1,426$475-$1,901
Fees for Services Other$1,181$394-$1,575
Insurance$679$226-$905
Total Functional Expenses$156,141$23,081$0$179,222

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$179,222
Total Expenses per Audited Statements$179,222
Total Expenses per Form 990$179,222
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
30 Member ChaptersVarious, TX--$28,584
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$17,008
Fundraising Gross Income$16,293
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various Fundraisers$16,293$16,293$7,450$8,843
Total Events$16,293$16,293$17,008$-715
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The return will be reviewed by leesa cole and sandi causey prior to filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Alpha State Texas Education Foundation
EIN
27-3181405
Phone
9729309945
Address
PO BOX 797787, DALLAS, TX 75379

Signing Officer

Name
Rhonda Posey
Title
President
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rhonda Posey
Formed
2011
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Hankins Eastup Deaton Tonn & Seay
Address
902 N LOCUST ST, DENTON, TX 76201
Preparer
Carl M Deaton
Phone
9403878563
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