Civic Intelligence

The Flatwater Foundation

990 • Fiscal year 2019 • EIN 27-5011867

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

3575 Far West No 29810Austin, TX 78731

(512) 553-2010

Siviq Scores

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

Liabilities / Assets

54th percentile

0.10x

Higher debt load relative to assets than 54% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

41st percentile

0.05x

Higher debt load relative to revenue than 41% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

61st percentile

7.7%

Higher net margin than 61% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

65th percentile

$92,731

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

85th percentile

28%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

86th percentile

45%

Faster revenue growth than 86% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$719,196

Up $158,237 (+28%) from 2018

Net Assets

Up

$644,694

Up $125,154 (+24%) from 2018

Liabilities

Up

$74,502

Up $33,083 (+80%) from 2018

Revenue

Up

$1,362,508

Up $425,059 (+45%) from 2018

Expenses

Up

$1,257,503

Up $340,117 (+37%) from 2018

Net Income

Up

$105,005

Up $84,942 (+423%) from 2018

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 2011: $70,351Liabilities 2011: $0Net Assets 2011: $70,3512011Assets 2016: $403,130Liabilities 2016: $8,146Net Assets 2016: $394,9842016Assets 2017: $525,996Liabilities 2017: $2,478Net Assets 2017: $523,5182017Assets 2018: $560,959Liabilities 2018: $41,419Net Assets 2018: $519,5402018Assets 2019: $719,196Liabilities 2019: $74,502Net Assets 2019: $644,6942019Assets 2020: $946,960Liabilities 2020: $28,930Net Assets 2020: $918,0302020Assets 2021: $1,575,443Liabilities 2021: $53,305Net Assets 2021: $1,522,1382021Assets 2022: $1,823,427Liabilities 2022: $54,478Net Assets 2022: $1,768,9492022Assets 2023: $1,470,879Liabilities 2023: $97,252Net Assets 2023: $1,373,6272023Assets 2024: $986,211Liabilities 2024: $47,616Net Assets 2024: $938,5952024

Highlighted filing

2019

Assets$719,196
Liabilities$74,502
Net Assets$644,694

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $121,328Expenses 2011: $50,977Net Income 2011: $70,3512011Revenue 2016: $574,038Expenses 2016: $463,001Net Income 2016: $111,0372016Revenue 2017: $825,906Expenses 2017: $692,392Net Income 2017: $133,5142017Revenue 2018: $937,449Expenses 2018: $917,386Net Income 2018: $20,0632018Revenue 2019: $1,362,508Expenses 2019: $1,257,503Net Income 2019: $105,0052019Revenue 2020: $1,055,081Expenses 2020: $749,367Net Income 2020: $305,7142020Revenue 2021: $1,364,892Expenses 2021: $760,784Net Income 2021: $604,1082021Revenue 2022: $1,349,722Expenses 2022: $1,102,911Net Income 2022: $246,8112022Revenue 2023: $1,460,650Expenses 2023: $1,855,972Net Income 2023: -$395,3222023Revenue 2024: $1,973,894Expenses 2024: $2,408,926Net Income 2024: -$435,0322024

Highlighted filing

2019

Revenue$1,362,508
Expenses$1,257,503
Net Income$105,005
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$1,503,836
Mission and Program Overview

Mission

Provide families access to mental health support while coping with a cancer diagnosis

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$451,512$603,513▲ $152,001
Savings and Temporary Cash Investments$56,719$57,953▲ $1,234
Investments in Publicly Traded Securities$21,803$45,594▲ $23,791
Accounts Receivable$15,000$0▼ $15,000
Land, Buildings, and Equipment, Net$15,925$12,136▼ $3,789
Total Assets$560,959$719,196▲ $158,237
Liabilities
Accounts Payable and Accrued Expenses$41,419$74,502▲ $33,083
Total Liabilities$41,419$74,502▲ $33,083
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$519,540$644,694▲ $125,154
Total Net Assets Fund Balance$519,540$644,694▲ $125,154
Total Liabilities and Net Assets / Fund Balance$560,959$719,196▲ $158,237

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,441$63,143$71,584
Equipment$3,695$8,653$12,348
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark GarzaExecutive DirectorFT$85,000$7,731$92,731

Board Members and Trustees

NameTitle
David SaenzChairman
Chiara Adin MooreDirector
Garrett KeyDirector
Greg GuestDirector
Justin BlumoffDirector
Tj TurnerSecretary
Paula HarmonTreaurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,481,258
Program Service Revenue
$0
Investment Income
$165
Other Revenue
$-118,915
All Other Contributions
$345,817
Change in Net Assets
$105,005
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,076,858
Salaries, Compensation, and Employee Benefits$180,645
Total Fundraising Expense$96,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$74,184$4,637$13,910$92,731
Other Salaries and Wages$56,000$3,500$10,500$70,000
Office Expenses$356$17,010$43,283$60,649
Fees for Services Accounting-$29,698-$29,698
Information Technology$20,583$5,783-$26,366
Conferences and Meetings--$17,700$17,700
Occupancy$11,149$697$2,165$14,011
Payroll Taxes$8,194$512$1,536$10,242
Travel$4,016$1,778$1,934$7,728
Other Employee Benefits$6,138$383$1,151$7,672
Depreciation Depletion$5,316$813$125$6,254
Advertising--$3,669$3,669
Insurance-$1,850-$1,850
Other Expenses$907,970-$933$933
Fees for Service Investment Mgmnt Fees-$30-$30
Total Functional Expenses$1,093,906$66,691$96,906$1,257,503
International Activity

International Summary

Offices
0
Employees
0
Spending
$48,026

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Europe (including Iceland & Greenland)Fundraising Services-00$48,026
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$140,091
Fundraising Gross Income$18,151
Gaming Gross Income$4,025
Gaming Direct Expenses$1,000
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dam That Cancer$958,615$13,833$54,936$-41,103
Iceland$145,038$3,374$27,906$-24,532
Total Events$1,153,592$18,151$140,091$-121,940
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
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
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

Governance Explanations

Form 990, Part VI, Section A, Line 2

Mark garza and justin blumoff - business relationship

Form 990, Part VI, Section B, Line 11B

The executive director and treasurer reviewed the tax return with the outside preparing cpa. The final return is sent to all board members prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

All members of the board of directors are required to sign the conflict of interest policy. The policy is reviewed annually.

Form 990, Part VI, Section B, Line 15A

Compensation for the executive director is approved by the board of directors.

Form 990, Part VI, Section C, Line 19

The foundation's governing documents, conflict of interest policy, form 990, and form 1023 are made available upon written or oral request.

Filing and Contact Details

Filer

Filer Name
The Flatwater Foundation
EIN
27-5011867
Phone
5125532010
Address
3575 FAR WEST NO 29810, AUSTIN, TX 78731

Signing Officer

Name
Mark Garza
Title
Executive Director
Phone
5125532010
Signed
2020-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Garza
Formed
2010
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
2
Volunteers
50

Preparer

Firm
Reynolds & Franke Pc
Address
6850 AUSTIN CENTER BLVD SUITE 100, AUSTIN, TX 78731
Preparer
Ronald H Reynolds
Phone
5122063141
Raw XML AppendixShowing 400 of 466 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.

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt057953
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01481258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01016273
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0891696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0635396
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0486042
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04510665
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0402
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0293
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0139
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0899
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0100703
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96860
IRS990ScheduleA/PublicSupportPY170Pct00.94960
IRS990ScheduleA/PublicSupportTotal170Amt04369778
IRS990ScheduleA/SubstantialContributorsTotAmt0140887
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01481258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01016273
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0891696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0635396
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0486042
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04510665
IRS990ScheduleA/TotalSupportAmt04511564
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/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt03695
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08653
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt012348
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08441
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt063143
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071584
IRS990ScheduleD/TotalBookValueLandBuildingsAmt012136
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt048026
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0EUROPE (INCLUDING ICELAND & GREENLAND)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0FUNDRAISING SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt048026
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt048026
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt01135441
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0944782
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0141664
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt048995
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0140091
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02475
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02475
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DAM THAT CANCER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ICELAND
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt013833
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt03373
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt0944
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt018150
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0958615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0145038
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt049939
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01153592
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013833
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt03374
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt0944
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt018151
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-121940
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt06409
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt089251
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt054936
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt027906
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt012042
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt018173
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt030215
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MARK GARZA AND JUSTIN BLUMOFF - BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE EXECUTIVE DIRECTOR AND TREASURER REVIEWED THE TAX RETURN WITH THE OUTSIDE PREPARING CPA. THE FINAL RETURN IS SENT TO ALL BOARD MEMBERS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY. THE POLICY IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION FOR THE EXECUTIVE DIRECTOR IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990, AND FORM 1023 ARE MADE AVAILABLE UPON WRITTEN OR ORAL REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0560959
IRS990/TotalAssetsEOYAmt0719196
IRS990/TotalAssetsGrp/BOYAmt0560959
IRS990/TotalAssetsGrp/EOYAmt0719196
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01481258
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt096906
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066691
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01093906
IRS990/TotalFunctionalExpensesGrp/TotalAmt01257503
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt041419
IRS990/TotalLiabilitiesEOYAmt074502

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