Civic Intelligence

High Soaring Eagle Center Inc.

990 • Fiscal year 2018 • EIN 30-0208824

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

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

83rd percentile

0.44x

Higher debt load relative to assets than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.35x

Higher debt load relative to revenue than 82% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

63rd percentile

9.0%

Higher net margin than 63% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

65th percentile

8.1%

Faster asset growth than 65% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

75th percentile

23%

Faster revenue growth than 75% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$641,873

Up $48,265 (+8.1%) from 2017

Net Assets

Up

$359,667

Up $79,800 (+29%) from 2017

Liabilities

Down

$282,206

Down $31,535 (-10%) from 2017

Revenue

Up

$805,902

Up $151,732 (+23%) from 2017

Expenses

Up

$733,086

Up $144,295 (+25%) from 2017

Net Income

Up

$72,816

Up $7,437 (+11%) from 2017

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

2018

Assets$641,873
Liabilities$282,206
Net Assets$359,667

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

2018

Revenue$805,902
Expenses$733,086
Net Income$72,816
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$808,366
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$419,036$493,746▲ $74,710
Rtn Earn Endowment Incm Other Fnds$279,867$359,667▲ $79,800
Cash and Non-Interest-Bearing Accounts$131,378$142,115▲ $10,737
Total Assets$593,608$641,873▲ $48,265
Other Assets Total$43,194$6,012▼ $37,182
Liabilities
Mortgage Notes Payable Secured by Investment Property$309,450$278,450▼ $31,000
Accounts Payable and Accrued Expenses$4,291$3,756▼ $535
Total Liabilities$313,741$282,206▼ $31,535
Net Assets / Fund Balance
Total Net Assets Fund Balance$279,867$359,667▲ $79,800
Total Liabilities and Net Assets / Fund Balance$593,608$641,873▲ $48,265

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$459,292$30,733$490,025
Equipment$34,454$14,952$49,406
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff WestlundPresident
Dalia LetteriVice President
Ed TennentBoard Member
Gary BradshawBoard Member
Ken LatchemBoard Member
Kerry PearsonBoard Member
Marilyn BurnsBoard Member
Scott JilesBoard Member
Skyla TeatBoard Member
Michele ThomasExecutive Director
Tony AvilesSecretary
Jana RogersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$179,732
Program Service Revenue
$628,606
Investment Income
$0
Other Revenue
$-2,436
All Other Contributions
$179,732
Change in Net Assets
$72,816

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$101,559Annual Sales
Total Noncash Contributions$101,559-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$374,897
Salaries, Compensation, and Employee Benefits$228,757
Other Expenses$129,432
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$374,897--$374,897
Other Salaries and Wages$173,255--$173,255
Occupancy$56,917--$56,917
Current Officers, Directors, Trustees, and Key Employees$5,792$32,820-$38,612
Office Expenses$19,818$4,004-$23,822
Payroll Taxes$14,050$2,840-$16,890
Depreciation Depletion$15,691--$15,691
Other Expenses$2,083--$2,083
Fees for Services Accounting-$1,162-$1,162
Total Functional Expenses$692,260$40,826$0$733,086
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$2,464
Fundraising Gross Income$28
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
N.Texas Giving Day$65,262-$1,839-
Total Events$65,262-$1,839$-1,839
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.

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

The officers and board members are required to review and agree to the conflict of interest policy on an annual basis.

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
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Westlund
Formed
2003
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
11
Employees
32
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, accounting adjustments were made to reflect accurate reconciled account balances -6,984 bank accounts.

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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.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt095385
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0174244
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0278153
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt098778
IRS990/PYOtherRevenueAmt0-2185
IRS990/PYProgramServiceRevenueAmt0482111
IRS990/PYRevenuesLessExpensesAmt065379
IRS990/PYSalariesCompEmpBnftPaidAmt0211860
IRS990/PYTotalExpensesAmt0588791
IRS990/PYTotalRevenueAmt0654170
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt072816
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0279867
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0359667
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0179732
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0174995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0165921
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0119233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0112540
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0752421
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0202
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0370
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01679686
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93950
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportPY170Pct00.94540
IRS990ScheduleA/PublicSupportTotal170Amt0707277
IRS990ScheduleA/SubstantialContributorsTotAmt045144
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0179732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0174995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0165921
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0119233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0112540
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0752421
IRS990ScheduleA/TotalSupportAmt0752791
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0459292
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030733
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0490025
IRS990ScheduleD/EquipmentGrp/BookValueAmt034454
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014952
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt049406
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0493746
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt065262
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt065262
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt01839
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0N.Texas Giving Day
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt065262
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt065262
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-1839
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt01839
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01839
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0374897
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/FormAndLineReferenceDesc0Line 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0Annual Sales
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt0101559
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, accounting adjustments were made to reflect accurate reconciled account balances -6,984 bank accounts.
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/ExplanationTxt3The officers and board members are required to review and agree to the conflict of interest policy on an annual basis.
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 B, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0593608
IRS990/TotalAssetsEOYAmt0641873
IRS990/TotalAssetsGrp/BOYAmt0593608
IRS990/TotalAssetsGrp/EOYAmt0641873
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0179732
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt040826
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0692260
IRS990/TotalFunctionalExpensesGrp/TotalAmt0733086
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0313741
IRS990/TotalLiabilitiesEOYAmt0282206
IRS990/TotalLiabilitiesGrp/BOYAmt0313741
IRS990/TotalLiabilitiesGrp/EOYAmt0282206
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0279867
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0359667
IRS990/TotalProgramServiceExpensesAmt0692260
IRS990/TotalProgramServiceRevenueAmt0628606
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0805902
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0593608

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