Civic Intelligence

Forney Isd Education Leadership Foundation Inc.

990 • Fiscal year 2016 • EIN 30-0268757

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

600 S Bois Darc StForney, TX 75126

(972) 564-4055

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

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

Liabilities / Revenue

26th percentile

0.00x

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

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

Net Margin

28th percentile

-5.6%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

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

Asset Growth

38th percentile

-1.3%

Faster asset growth than 38% of similar nonprofits.

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

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

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

Assets

Down

$546,017

Down $7,184 (-1.3%) from 2015

Net Assets

Down

$546,017

Down $7,184 (-1.3%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$128,938

Up $11,799 (+10%) from 2015

Expenses

Up

$136,122

Up $28,471 (+26%) from 2015

Net Income

Down

-$7,184

Down $16,672 (-176%) 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 2011: $543,804Liabilities 2011: $0Net Assets 2011: $543,8042011Assets 2012: $592,517Liabilities 2012: $0Net Assets 2012: $592,5172012Assets 2013: $520,477Liabilities 2013: $0Net Assets 2013: $520,4772013Assets 2014: $543,713Liabilities 2014: $0Net Assets 2014: $543,7132014Assets 2015: $553,201Liabilities 2015: $0Net Assets 2015: $553,2012015Assets 2016: $546,017Liabilities 2016: $0Net Assets 2016: $546,0172016Assets 2017: $532,744Liabilities 2017: $0Net Assets 2017: $532,7442017Assets 2018: $600,827Liabilities 2018: $0Net Assets 2018: $600,8272018Assets 2021: $761,806Liabilities 2021: $0Net Assets 2021: $761,8062021Assets 2022: $818,984Liabilities 2022: $0Net Assets 2022: $818,9842022Assets 2023: $908,443Liabilities 2023: $0Net Assets 2023: $908,4432023Assets 2024: $912,077Liabilities 2024: $0Net Assets 2024: $912,0772024Assets 2025: $1,090,037Liabilities 2025: $0Net Assets 2025: $1,090,0372025

Highlighted filing

2016

Assets$546,017
Liabilities$0
Net Assets$546,017

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $98,7172011Expenses 2012: $55,7872012Revenue 2013: $86,064Expenses 2013: $150,147Net Income 2013: -$64,0832013Revenue 2014: $111,872Expenses 2014: $88,636Net Income 2014: $23,2362014Revenue 2015: $117,139Expenses 2015: $107,651Net Income 2015: $9,4882015Revenue 2016: $128,938Expenses 2016: $136,122Net Income 2016: -$7,1842016Revenue 2017: $117,850Expenses 2017: $131,123Net Income 2017: -$13,2732017Revenue 2018: $198,073Expenses 2018: $129,990Net Income 2018: $68,0832018Revenue 2021: $281,238Expenses 2021: $141,496Net Income 2021: $139,7422021Revenue 2022: $247,732Expenses 2022: $190,554Net Income 2022: $57,1782022Revenue 2023: $597,525Expenses 2023: $508,066Net Income 2023: $89,4592023Revenue 2024: $326,603Expenses 2024: $322,969Net Income 2024: $3,6342024Revenue 2025: $545,073Expenses 2025: $367,113Net Income 2025: $177,9602025

Highlighted filing

2016

Revenue$128,938
Expenses$136,122
Net Income-$7,184
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$134,577
Mission and Program Overview

Mission

The forney isd education leadership foundation's mission is to provide opportunities for excellence in education, promote innovation in teaching, and partners with the community to enhance the quality of education for all students.

The organization was formed for the purpose of providing a $500 scholarship to be disbursed over 4 years to every graduate of Forney High School, Forney, Texas. Each student must be enrolled as a fulltime student in an institution of higher learning and earn a 2.0 GPA and make a request for the scholarship. The first four semesters are funded at $50 per semester and the next four semesters are funded at $75 per semester.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$553,201$546,017▼ $7,184
Savings and Temporary Cash Investments$504,127$510,182▲ $6,055
Cash and Non-Interest-Bearing Accounts$48,631$35,672▼ $12,959
Land, Buildings, and Equipment, Net$443$163▼ $280
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$553,201$546,017▼ $7,184
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$553,201$546,017▼ $7,184
Total Liabilities and Net Assets / Fund Balance$553,201$546,017▼ $7,184

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$163$1,237$1,400
Compensation and Service Providers

Board Members and Trustees

NameTitle
Greg PharrisPresident
Ann Marie BrownVice President
Bruce BynumVice President
Robert DobbsVice President
Tom BelobraydicVice President
Barry JonesDirector
Caleb HanieDirector
Cary GriffinDirector
George BrownDirector
Judith WillisDirector
Keith BellDirector
Larry CokerDirector
Lisa Gallagher EllrichDirector
Norma RainDirector
Sandi TarksiDirector
Suzanne McwilliamsDirector
Trent BrownDirector
Billie KasperSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$110,258
Program Service Revenue
$0
Investment Income
$6,104
Other Revenue
$12,576
All Other Contributions
$110,258
Change in Net Assets
$-7,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$76,034
Other Expenses$45,088
Total Fundraising Expense$17,889
Salaries, Compensation, and Employee Benefits$15,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$43,478--$43,478
Grants to Domestic Individuals$32,556--$32,556
Fees for Services Other$5,780$11,560$5,780$23,120
Other Salaries and Wages$3,750$7,500$3,750$15,000
Advertising--$7,375$7,375
Office Expenses$274$547$273$1,094
Other Expenses$223$446$223$892
Insurance$221$441$221$883
Information Technology$119$237$119$475
All Other Expenses$78$155$78$311
Depreciation Depletion$70$140$70$280
Total Functional Expenses$97,207$21,026$17,889$136,122
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Forney Ind School DistForney, TX-Equip/support for Studnts/ Teachers$43,478
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,215
Fundraising Direct Expenses$5,639
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$18,215$18,215-$18,215
Total Events$18,215$18,215$5,639$12,576
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Executive director of organization, kate bell-keierleber, is daughter of board member keith bell.

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the form 990 is reviewed by the treasurer prior to mailing and made available to the remainder of the board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Governing documents and information returns are made available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Forney Isd Education Leadership
EIN
30-0268757
Phone
9725644055
Address
600 S BOIS DARC ST, FORNEY, TX 75126

Signing Officer

Name
Greg Pharris
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
0

Preparer

Firm
Murrey Paschall & Caperton PC
Address
301 E BROAD ST, FORNEY, TX 75126-4110
Preparer
Eric E Paschall
Phone
9725641660
Supplemental Narrative

Additional Explanations

Amended Explanation

Original 990 submitted had part vi-section a, question #2 incorrectly answered as no. Organization does have a family relationship with an officer and key employee. See below for further explanation.

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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/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt15President
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
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IRS990/MissionDesc0The organization was formed for the purpose of providing a $500 scholarship to be disbursed over 4 years to every graduate of Forney High School, Forney, Texas. Each student must be enrolled as a fulltime student in an institution of higher learning and earn a 2.0 GPA and make a request for the scholarship. The first four semesters are funded at $50 per semester and the next four semesters are funded at $75 per semester.
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