Civic Intelligence

Crosby Education Foundation

990 • Fiscal year 2021 • EIN 27-4563045

Jan 01, 2021 to Dec 31, 2021 • Filed on Mar 28, 2022

333 Red Summit DriveCrosby, TX 77532

(281) 328-9200

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

64th percentile

19%

Higher net margin than 64% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

72nd percentile

29%

Faster asset growth than 72% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

89th percentile

138%

Faster revenue growth than 89% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$224,917

Up $50,563 (+29%) from 2020

Net Assets

Up

$224,917

Up $50,563 (+29%) from 2020

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$265,001

Up $153,865 (+138%) from 2020

Expenses

Up

$214,437

Up $57,542 (+37%) from 2020

Net Income

Up

$50,564

Up $96,323 (+211%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2020: $174,354Net Assets 2020: $174,3542020Assets 2021: $224,917Liabilities 2021: $0Net Assets 2021: $224,9172021Assets 2022: $325,566Liabilities 2022: $0Net Assets 2022: $325,5662022Assets 2023: $406,682Liabilities 2023: $0Net Assets 2023: $406,6822023Assets 2024: $458,450Liabilities 2024: $0Net Assets 2024: $458,4502024

Highlighted filing

2021

Assets$224,917
Liabilities$0
Net Assets$224,917

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $111,136Expenses 2020: $156,895Net Income 2020: -$45,7592020Revenue 2021: $265,001Expenses 2021: $214,437Net Income 2021: $50,5642021Revenue 2022: $287,022Expenses 2022: $186,446Net Income 2022: $100,5762022Revenue 2023: $249,111Expenses 2023: $167,995Net Income 2023: $81,1162023Revenue 2024: $227,024Expenses 2024: $175,256Net Income 2024: $51,7682024

Highlighted filing

2021

Revenue$265,001
Expenses$214,437
Net Income$50,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 28, 2022
Return Version
2021v4.1
Gross Receipts
$373,783
Mission and Program Overview

Mission

To provide grants to teachers in Crosby ISD

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$174,354$224,917▲ $50,563
Cash and Non-Interest-Bearing Accounts$89,273$139,288▲ $50,015
Savings and Temporary Cash Investments$1,849$1,785▼ $64
Total Assets$174,354$224,917▲ $50,563
Other Assets Total$83,232$83,844▲ $612
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$174,354$224,917▲ $50,563
Total Liabilities and Net Assets / Fund Balance$174,354$224,917▲ $50,563

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$83,844--
Compensation and Service Providers

Board Members and Trustees

NameTitle
John WebbPresident
Swanitha GuilloryVice President
Armando ReyesDirector
Carrie RichardsDirector
Cedrick Patterson JrDirector
Dan MeauxDirector
Gabriel GinnDirector
Jr HumpriesDirector
Julie GilbertDirector
Karen GreyDirector
Kimberly MooreDirector
Marvin WebbDirector
Sharonda HillDirector
Stephanie BoothmanDirector
Jeannie KnierimAt-large
Susanne DullackAt-large
Alice HoyParliamentarian
Jamie HicksSecretary
Andrew DavilaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,439
Program Service Revenue
$0
Investment Income
$613
Other Revenue
$163,949
All Other Contributions
$100,439
Change in Net Assets
$50,564
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$137,357
Other Expenses$45,944
Salaries, Compensation, and Employee Benefits$31,136
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$137,357--$137,357
Other Salaries and Wages$0$31,136$0$31,136
Office Expenses$0$11,817$0$11,817
All Other Expenses$10,536$0$0$10,536
Advertising$0$9,294$0$9,294
Fees for Services Accounting$0$2,125$0$2,125
Insurance$0$1,336$0$1,336
Other Expenses$969$0$0$969
Information Technology$0$241$0$241
Fees for Services Other$200$5$0$205
Travel$0$54$0$54
Total Functional Expenses$158,429$56,008$0$214,437
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Crosby IsdCrosby, TX-Stem, Cte, Elar, Etc.-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$219,029
Fundraising Direct Expenses$70,397
Gaming Gross Income$53,702
Gaming Direct Expenses$38,385
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$157,551$157,551$5,852$151,699
Golf Tournament$23,521$23,521$1,677$21,844
Total Events$181,072$181,072$47,637$133,435
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Crosby Education Foundation
EIN
27-4563045
Phone
2813289200
Address
333 RED SUMMIT DRIVE, CROSBY, TX 77532

Signing Officer

Name
John Webb
Title
President
Phone
2813289200
Signed
2022-03-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Webb
Formed
2010
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
0
Employees
0
Volunteers
19

Preparer

Firm
Hope E Hartman CPA PLLC
Address
20111 FM 2100 Rd Ste 102, Crosby, TX 77532
Preparer
Hope E Hartman
Phone
2813248702
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

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

Pt VI, Line 3

Operations are delegated to the executive director, who is an employee of the organization. Executive director has no voting power.

Pt VI, Line 7A

Members have the power to nominate members of the govering body, but all must be voted and elected by majority vote.

Pt VI, Line 11B

990 is presented at board meeting for review and comments.

Pt VI, Line 12C

At lease annually, all directors and officers will disclose any interest which could give rise to conflicts. The board or committee members decide if a conflict of interest exists and votes on any appropriate disciplinary and/or corrective action.

Form 990, Part III, Line 4D

Other programs services such as kinder club, cte 28575. 0. 0.

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IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0116051
IRS990/ProgSrvcAccomActy3Grp/Desc0FUNDRAISING GALA TO RAISE MONEY FOR TEACHER GRANTS
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IRS990/ProgSrvcAccomActy3Grp/GrantAmt0906
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0157551
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAMS SERVICES SUCH AS KINDER CLUB, CTE BOOKS, CONVOCATION, HOMECOMING EVENTS, ETC.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt028575
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt057967
IRS990/PYTotalExpensesAmt0156895
IRS990/PYTotalRevenueAmt0111136
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/RevenueAmt099569
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0174354
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt01849
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01785
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0123679
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0136662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0111625
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07122
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IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt083844
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CRCU ENDOWMENT FUND
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IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/ExplanationIfNoTxt0PURSE BINGO FUNDRAISER EXCESS FUNDS WERE USED TO FUND A TEACHER GRANT
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IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0906
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt047637
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt06263
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0548
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt06746
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0157551
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IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt019693
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