Civic Intelligence

High Soaring Eagle Center Inc.

990 • Fiscal year 2017 • EIN 30-0208824

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 09, 2018

107 EXECUTIVE WAY Room 101Desoto, TX 75115

(972) 223-1873

Siviq Scores

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

Liabilities / Assets

85th percentile

0.53x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

84th percentile

0.48x

Higher debt load relative to revenue than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

65th percentile

10.0%

Higher net margin than 65% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

58th percentile

$34,217

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

82%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$593,608

Up $83,966 (+16%) from 2016

Net Assets

Up

$279,867

Up $132,111 (+89%) from 2016

Liabilities

Down

$313,741

Down $48,145 (-13%) from 2016

Revenue

Up

$654,170

Up $293,965 (+82%) from 2016

Expenses

Up

$588,791

Up $242,475 (+70%) from 2016

Net Income

Up

$65,379

Up $51,490 (+371%) from 2016

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

2017

Assets$593,608
Liabilities$313,741
Net Assets$279,867

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

2017

Revenue$654,170
Expenses$588,791
Net Income$65,379
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$656,422
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$448,574$461,930▲ $13,356
Rtn Earn Endowment Incm Other Fnds$203,849$279,867▲ $76,018
Cash and Non-Interest-Bearing Accounts$109,194$131,378▲ $22,184
Total Assets$558,068$593,608▲ $35,540
Other Assets Total$300$300→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$346,605$309,450▼ $37,155
Accounts Payable and Accrued Expenses$7,614$4,291▼ $3,323
Total Liabilities$354,219$313,741▼ $40,478
Net Assets / Fund Balance
Total Net Assets Fund Balance$203,849$279,867▲ $76,018
Total Liabilities and Net Assets / Fund Balance$558,068$593,608▲ $35,540

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$459,740$19,276$479,016
Other Land Buildings$2,190$10,719$12,909
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michele ThomasExecutive DirectorFT$34,217$34,217
Dalia LetteriVice PresidentPT$14,166$14,166

Board Members and Trustees

NameTitle
Jeff WestlundPresident
Ed TennentBoard Member
Gary BradshawBoard Member
Ken LatchemBoard Member
Skyla TeatBoard Member
Tony AvilesSecretary
Jana RogersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$174,244
Program Service Revenue
$482,111
Investment Income
$0
Other Revenue
$-2,185
All Other Contributions
$112,385
Change in Net Assets
$65,379

Noncash Contribution Practices

Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$104,010Annual Sales
Total Noncash Contributions$104,010-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$278,153
Salaries, Compensation, and Employee Benefits$211,860
Other Expenses$98,778
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$278,153--$278,153
Other Salaries and Wages$166,319--$166,319
Occupancy$53,950$2,361-$56,311
Current Officers, Directors, Trustees, and Key Employees$4,573$25,913-$30,486
Payroll Taxes$13,073$1,982-$15,055
Office Expenses$11,535$463-$11,998
Depreciation Depletion$10,856$893-$11,749
Other Expenses$2,363$198-$2,561
Fees for Services Accounting-$1,260-$1,260
Total Functional Expenses$555,721$33,070$0$588,791
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,252
Fundraising Gross Income$67
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
N.Texas Giving Day$61,859-$1,126-
Total Events$61,859-$1,126$-1,126
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
Annual disclosure for covered persons
Yes
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
Yes
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.

Filing and Contact Details

Filer

Filer Name
High Soaring Eagle Center Inc
EIN
30-0208824
Phone
9722231873
Address
107 EXECUTIVE WAY Room 101, DESOTO, TX 75115

Signing Officer

Name
Jeff Westlund
Title
President
Signed
2018-11-09
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
27
Volunteers
40

Preparer

Firm
Randy Hines
Address
PO Box 277, Waxahachie, TX 75168-0277
Preparer
Randy Hines
Phone
9729377700
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

After reviewing prior year bank accounts and loans, accounting adjustments were made to reflect accurate reconciled account balances 2,490 bank accounts, -d -7,693 mortage balance, and 456 other balances.

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IRS990/Desc0PROVIDER SERVICES The Soaring Eagle Center is a provider for HCS and Texas Home Living services which are Medicaid Waiver programs. We provide services such as community support, respite, transportation, nursing, therapies speech and occupational, and behavior support for individuals who are part of these waiver programs. We contract with Texas Health and Human Services to supervise and pay the caregivers and therapists who provide these services.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/ProgSrvcAccomActy2Grp/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-two adults.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THRIFT SHOP The Soaring Eagle Thrift Shop fulfills two 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 and 2 provides an opportunity for associates to participate in the community through their relationships with our customers.
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0203849
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0279867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0174245
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0165971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0119233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0112540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0123618
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0695607
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0202
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0206
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0576
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01096508
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94540
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt0658192
IRS990ScheduleA/SubstantialContributorsTotAmt037415
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0174245
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0165971
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0119233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0112540
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0123618
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0695607
IRS990ScheduleA/TotalSupportAmt0696183
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0459740
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019276
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0479016
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02190
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt010719
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012909
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0461930
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt061859
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt061859
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01126
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0N.Texas Giving Day
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt061859
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt061859
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-1126
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01126
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01126
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0278153
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0ASSISTING HANDICAPPED INDIVIDUALS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt032
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/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0Annual Sales
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt0104010
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Clothin Household Items
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0Donations of clothing and household items 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. Items that are not in a condition suitable for needy 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.
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 25
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0After reviewing prior year bank accounts and loans, accounting adjustments were made to reflect accurate reconciled account balances 2,490 bank accounts, -d -7,693 mortage balance, and 456 other balances.
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/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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0558068
IRS990/TotalAssetsEOYAmt0593608
IRS990/TotalAssetsGrp/BOYAmt0558068
IRS990/TotalAssetsGrp/EOYAmt0593608
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0174244
IRS990/TotalEmployeeCnt027
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt033070
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0555721
IRS990/TotalFunctionalExpensesGrp/TotalAmt0588791
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0354219
IRS990/TotalLiabilitiesEOYAmt0313741
IRS990/TotalLiabilitiesGrp/BOYAmt0354219
IRS990/TotalLiabilitiesGrp/EOYAmt0313741
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0203849
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0279867
IRS990/TotalProgramServiceExpensesAmt0555721
IRS990/TotalProgramServiceRevenueAmt0482111
IRS990/TotalReportableCompFromOrgAmt048383
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0654170
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0558068
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0593608
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF WESTLUND
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HIGH SOARING EAGLE CENTER INC
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0300208824
ReturnHeader/Filer/PhoneNum09722231873
ReturnHeader/Filer/USAddress/AddressLine1Txt0107 EXECUTIVE WAY Room 101
ReturnHeader/Filer/USAddress/CityNm0DESOTO

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