Civic Intelligence

High Soaring Eagle Center Inc.

990 • Fiscal year 2016 • EIN 30-0208824

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

107 Executive WayDesoto, TX 75115

(972) 223-1873

Siviq Scores

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

Liabilities / Assets

89th percentile

0.71x

Higher debt load relative to assets than 89% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

1.00x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

53rd percentile

3.9%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$21,978

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

98th percentile

274%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

93rd percentile

90%

Faster revenue growth than 93% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$509,642

Up $373,515 (+274%) from 2015

Net Assets

Up

$147,756

Up $17,865 (+14%) from 2015

Liabilities

Up

$361,886

Up $355,650 (+5703%) from 2015

Revenue

Up

$360,205

Up $171,044 (+90%) from 2015

Expenses

Up

$346,316

Up $166,781 (+93%) from 2015

Net Income

Up

$13,889

Up $4,263 (+44%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $118,222Liabilities 2013: $4,353Net Assets 2013: $113,8692013Assets 2014: $125,224Liabilities 2014: $4,959Net Assets 2014: $120,2652014Assets 2015: $136,127Liabilities 2015: $6,236Net Assets 2015: $129,8912015Assets 2016: $509,642Liabilities 2016: $361,886Net Assets 2016: $147,7562016Assets 2017: $593,608Liabilities 2017: $313,741Net Assets 2017: $279,8672017Assets 2018: $641,873Liabilities 2018: $282,206Net Assets 2018: $359,6672018Assets 2019: $681,844Liabilities 2019: $90,953Net Assets 2019: $590,8912019Assets 2020: $713,429Liabilities 2020: $3,890Net Assets 2020: $709,5392020Assets 2021: $785,278Liabilities 2021: $3,669Net Assets 2021: $781,6092021Assets 2022: $868,752Liabilities 2022: $4,566Net Assets 2022: $864,1862022Assets 2023: $1,199,600Liabilities 2023: $49,441Net Assets 2023: $1,150,1592023Assets 2024: $1,046,506Liabilities 2024: $68,563Net Assets 2024: $977,9432024

Highlighted filing

2016

Assets$509,642
Liabilities$361,886
Net Assets$147,756

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $150,830Expenses 2013: $152,574Net Income 2013: -$1,7442013Revenue 2014: $182,559Expenses 2014: $176,990Net Income 2014: $5,5692014Revenue 2015: $189,161Expenses 2015: $179,535Net Income 2015: $9,6262015Revenue 2016: $360,205Expenses 2016: $346,316Net Income 2016: $13,8892016Revenue 2017: $654,170Expenses 2017: $588,791Net Income 2017: $65,3792017Revenue 2018: $805,902Expenses 2018: $733,086Net Income 2018: $72,8162018Revenue 2019: $1,116,864Expenses 2019: $900,199Net Income 2019: $216,6652019Revenue 2020: $1,049,007Expenses 2020: $924,197Net Income 2020: $124,8102020Revenue 2021: $1,051,286Expenses 2021: $978,119Net Income 2021: $73,1672021Revenue 2022: $1,091,965Expenses 2022: $1,005,824Net Income 2022: $86,1412022Revenue 2023: $1,501,191Expenses 2023: $1,215,219Net Income 2023: $285,9722023Revenue 2024: $1,372,802Expenses 2024: $1,432,913Net Income 2024: -$60,1112024

Highlighted filing

2016

Revenue$360,205
Expenses$346,316
Net Income$13,889
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$360,205
Mission and Program Overview

Mission

Our mission is to provide life-long solutions for the social, educational, vocational, and residential needs of adults with intellectual and develomental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$52$387,654▲ $387,602
Rtn Earn Endowment Incm Other Fnds$129,891$147,756▲ $17,865
Cash and Non-Interest-Bearing Accounts$136,075$121,688▼ $14,387
Total Assets$136,127$509,642▲ $373,515
Other Assets Total-$300-
Liabilities
Mortgage Notes Payable Secured by Investment Property-$355,430-
Accounts Payable and Accrued Expenses$6,236$6,456▲ $220
Total Liabilities$6,236$361,886▲ $355,650
Net Assets / Fund Balance
Total Net Assets Fund Balance$129,891$147,756▲ $17,865
Total Liabilities and Net Assets / Fund Balance$136,127$509,642▲ $373,515

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$387,654$2,733$390,387
Other Land Buildings-$8,354$8,354
Equipment-$1,354$1,354
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michele ThomasExecutive DirectorFT$21,978$21,978

Board Members and Trustees

NameTitle
Bonnie SorrellsPresident
Peggy JenkinsVice President
Dalia LettieriBoard Member
Jana RogersBoard Member
Sandy KapscosBoard Member
Skyla TeatBoard Member
Tony AvilesBoard Member
Myrle WestlundExecutive Director
Ken LatchemSecretary
Jeff WestlundTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$360,119
Program Service Revenue
$0
Investment Income
$86
Other Revenue
$0
All Other Contributions
$119,257
Change in Net Assets
$13,889

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$109,303Annual Sales
Total Noncash Contributions$109,303-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$155,288
Grants and Similar Amounts Paid$120,667
Other Expenses$70,361
Total Fundraising Expense$3,125
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$105,727$23,832-$129,559
Grants to Domestic Individuals$120,667--$120,667
Occupancy$38,179$6,209-$44,388
Current Officers, Directors, Trustees, and Key Employees$3,501$19,840-$23,341
Office Expenses-$5,530-$5,530
Other Expenses$4,701$2,322$3,125$3,125
Depreciation Depletion$2,733--$2,733
Payroll Taxes$1,653$735-$2,388
Insurance$220$845-$1,065
Fees for Services Accounting-$520-$520
Total Functional Expenses$283,358$59,833$3,125$346,316
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
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, Section B, Line 11B

At least two board member will review the 990 return before it is filed with the IRS, one of them being the Treasurer.

Form 990, Part VI, Section C, Line 19

The organization provides copies of 990 returns and governing documents upon request.

Form 990, Part VI, Section A, Line 2

Jeff Westlund Myrle Westlund are married.

Filing and Contact Details

Filer

Filer Name
High Soaring Eagle Center Inc
EIN
30-0208824
Phone
9722231873
Address
107 EXECUTIVE WAY, DESOTO, TX 75115

Signing Officer

Name
Jeff Westlund
Title
President
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Westlund
Formed
2003
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
10
Employees
10

Preparer

Firm
Randy Hines
Address
PO Box 277, Waxahachie, TX 75168-0277
Preparer
Randy Hines
Phone
9729387175
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

Correct coding of payroll and sales taxes payable from prior years.

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IRS990/Desc0ASSOCIATES DAY PROGRAM The program meets Monday through Friday from 900 to 230 and is open to adults who have finished high school and are diagnosed with an intellectual and developmental disability. After high school, the state does not provide programs for adults with IDD. Our program fills this gap. The adults who attend the day program attend classes to improve their academic skills, participate in field trips and community activities, complete activities to increase daily living skills, have the option to work for pay in our thrift shop and develop life-long friendships by playing and laughing together. The program currently serves thirty adults.
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Director
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IRS990/ProgSrvcAccomActy2Grp/Desc0THRIFT SHOP The Soaring Eagle Thrift Shop fulfills three purposes for our program 1 provides a place for associates who want to work -- they work one hour a week and are paid minimum wage, 2 provides a place for learning prevocational skills in a real life, retail setting, and 3 provides an opportunity for associates to participate in the community through their relationships with our customers.
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IRS990/ProgSrvcAccomActy3Grp/Desc0SOCIAL AND ATHLETIC PROGRAMS We sponsor year round formal and informal social activities which are open to any adult with an intellectual disability and their family members. There is no charge for our social events which include such events as parties, dances, swimming, cookouts, movies, Wii bowling tournament, game night. The average attendance is 50 adults and their families with over 120 attending our Holiday Dance and Dinner. We also offer sports bowling, basketball, softball to any adult with an intellectual disability. We charge a nominal fee with scholarships available for anyone who cannot afford the fee. We hold weekly practices and participate in Special Olympics tournaments. Twenty adults participate in our athletic program.
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IRS990/PYOtherExpensesAmt050458
IRS990/PYOtherRevenueAmt0-283
IRS990/PYRevenuesLessExpensesAmt09626
IRS990/PYSalariesCompEmpBnftPaidAmt0109698
IRS990/PYTotalExpensesAmt0179535
IRS990/PYTotalRevenueAmt0189161
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt013889
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0249442
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0129891
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0147756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0359193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0190008
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0183723
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0151193
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0142588
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01026705
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt086
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0185
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0201
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0207
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0205
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0884
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99180
IRS990ScheduleA/PublicSupportTotal170Amt01026705
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0359193
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0190008
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0183723
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0151193
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0142588
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01026705
IRS990ScheduleA/TotalSupportAmt01027589
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0387654
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02733
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0390387
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01354
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01354
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08354
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08354
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0387654
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0120667
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ASSISTING HANDICAPPED INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt030
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All money spent to meet the needs of individual clients through the HCS and TxHmL programs non-medicaid waiver programs are dispersed according to the guidelines in the Texas Administrative Code. We are required to keep thorough records of the services paid for by these funds. These records are audited once a year. We submit a cost report of our finances each year to the Department of Health and Human Services.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0ANNUAL SALES
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt0109303
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Clothing Household Items
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0Donations of clothing and household items items that are not in a condition suitable for need families and/or sold in the organizaitons thrift store are a sold for scrap value, b distributed to other non-profit organizaitons that can use the items, or c disposed of because they have no value. Estimating the value of these items literally thousands of items donated annually would prove to be too cost prohibitive i.e. the time and energy needed to track such items would far exceed their value.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 25
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Correct coding of payroll and sales taxes payable from prior years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1At least two board member will review the 990 return before it is filed with the IRS, one of them being the Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization provides copies of 990 returns and governing documents upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Jeff Westlund Myrle Westlund are married.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part XI, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, Line 2
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0136127
IRS990/TotalAssetsEOYAmt0509642
IRS990/TotalAssetsGrp/BOYAmt0136127
IRS990/TotalAssetsGrp/EOYAmt0509642
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0360119
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03125
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059833
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0283358
IRS990/TotalFunctionalExpensesGrp/TotalAmt0346316
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06236
IRS990/TotalLiabilitiesEOYAmt0361886
IRS990/TotalLiabilitiesGrp/BOYAmt06236
IRS990/TotalLiabilitiesGrp/EOYAmt0361886
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0129891
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0147756
IRS990/TotalProgramServiceExpensesAmt0283358
IRS990/TotalReportableCompFromOrgAmt021978
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0360205
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0136127
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0509642
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0119 ROBIN GLENN LN
IRS990/USAddress/CityNm0OVILLA
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075154
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0www.soaringeaglecenter.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF WESTLUND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGH SOARING EAGLE CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0300208824
ReturnHeader/Filer/PhoneNum09722231873

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