Civic Intelligence

The Victory Formation

EIN 32-0325684 • 501(c)3 • Spring, TX

Profile

The organization's primary purpose is to assist widows and orphans. It serves those in need. Currently an orphanage in mexico is the main beneficiary of the charity.

108 S Timbertop DrSpring, TX 77380

www.victoryformation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

24th percentile

-18%

Higher net margin than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

17th percentile

-61%

Faster asset growth than 17% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-65%

Faster revenue growth than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$1,701

Down $2,630 (-61%) from 2015

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Down

$1,701

Down $2,630 (-61%) from 2015

Operations
Liabilities / Revenue62nd percentileNet Margin24th percentile

Revenue

Down

$14,304

Down $26,345 (-65%) from 2015

Expenses

Down

$16,934

Down $27,771 (-62%) from 2015

Net Income

Up

-$2,630

Up $1,426 (+35%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth17th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15K$10K$5.0K$0Assets 2012: $2,851Net Assets 2012: $2,8512012Assets 2014: $11,015Liabilities 2014: $2,628Net Assets 2014: $8,3872014Assets 2015: $4,331Net Assets 2015: $4,3312015Assets 2016: $1,701Liabilities 2016: $0Net Assets 2016: $1,7012016

Highlighted filing

2016

Assets$1,701
Liabilities$0
Net Assets$1,701
Open 2016 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60K$40K$20K$0-$20KRevenue 2012: $39,981Expenses 2012: $40,331Net Income 2012: -$3502012Revenue 2014: $44,373Expenses 2014: $44,512Net Income 2014: -$1392014Revenue 2015: $40,649Expenses 2015: $44,705Net Income 2015: -$4,0562015Revenue 2016: $14,304Expenses 2016: $16,934Net Income 2016: -$2,6302016

Highlighted filing

2016

Revenue$14,304
Expenses$16,934
Net Income-$2,630
Open 2016 Filing

Filings

Most recent year

2016 • Form 990EZXML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,701
Liabilities
$0
Net assets
$1,701
Revenue
$14,304
Expenses
$16,934
Net income
-$2,630
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.00$1.70$14.3$16.9$2.63
2015Detailed filing. Detailed filing data is available for this year.$4.33$4.33$40.6$44.7$4.06
2014Detailed filing. Detailed filing data is available for this year.$11.0$2.63$8.39$44.4$44.5$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$2.85$40.0$40.3$0.35
Latest Detailed Filing

The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 14, 2016
Return Version
2015v2.1
Gross Receipts
$40,649
Mission and Program Overview

Mission

The organization's primary purpose is to assist widows and orphans. It serves those in need. Currently an orphanage in mexico is the main beneficiary of the charity.

Program Services

DescriptionGrantsExpenses
PROVIDED 34,000 TO HELP ORPHANS IN MEXICO THROUGH SUPPORT OF AN ORPHANAGE.-$34,000
PROVIDED 8,123 TO US BASED ORGANIZATIONS AND INDIVIDUALS IN NEED OF ASSISTANCE.-$8,123
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAY MICKENSTrustee-$0--
JACKSON PAYNEDirector-$0--
GORDON PAYNETrustee-$0--
COLEMAN PAYNETrustee-$0--
JEFF WENNBERGTrustee-$0--
SEAN BOYDTrustee-$0--
HARRIS COLLINSTrustee-$0--
JEFFREY FIELDSTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Victory Formation
EIN
32-0325684
Address
108 S TIMBERTOP DR, SPRING, TX 77380

Signing Officer

Name
Jackson Payne
Title
Director
Signed
2016-08-14
Discuss with paid preparer
Yes

Preparer

Firm
Padgett Business Services
Address
9950 CYPRESSWOOD DR STE 217, HOUSTON, TX 77070-3413
Preparer
Bryan Brassell Ea
Phone
2818979141
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 1,113 office 529 mexican orphanage 34,000 individuals in crisis 8,123 total 43,765”

Form 990-ez, Part II, Line 24

“Grants receivable 1,700 0 total 1,700 0”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 2,628 0”

Form 990-ez, Part III

“The organization's primary purpose is to assist widows and orphans. It serves those in need. Currently an orphanage in mexico is the main beneficiary of the charity.”

Raw XML Appendix154 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JACKSON PAYNE
IRS990EZ/BooksInCareOfDetail/PhoneNum08322966851
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011 RED WAGON
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0THE WOODLANDS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077389
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09315
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt04331
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt040649
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4056
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0940
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt011015
IRS990EZ/Form990TotalAssetsGrp/EOYAmt04331
IRS990EZ/GrossReceiptsAmt040649
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08387
IRS990EZ/NetAssetsOrFundBalancesEOYAmt04331
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08387
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt04331
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAY MICKENS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JACKSON PAYNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GORDON PAYNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3COLEMAN PAYNE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JEFF WENNBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5SEAN BOYD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6HARRIS COLLINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JEFFREY FIELDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01700
IRS990EZ/OtherExpensesTotalAmt043765
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ORGANIZATION'S PRIMARY PURPOSE IS TO ASSIST WIDOWS AND ORPHANS. IT SERVES THOSE IN NEED. CURRENTLY AN ORPHANAGE IN MEXICO IS THE MAIN BENEFICIARY OF THE CHARITY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED 34,000 TO HELP ORPHANS IN MEXICO THROUGH SUPPORT OF AN ORPHANAGE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDED 8,123 TO US BASED ORGANIZATIONS AND INDIVIDUALS IN NEED OF ASSISTANCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd1X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt034000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt18123
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02628
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt044705
IRS990EZ/TotalProgramServiceExpensesAmt042123
IRS990EZ/TotalRevenueAmt040649
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.VICTORYFORMATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt042123
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt044373
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt045383
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt039981
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt018952
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0190812
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0190812
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt042123
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044373
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt045383
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt039981
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt018952
IRS990ScheduleA/Total509Grp/TotalAmt0190812
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt042123
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt044373
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt045383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt039981
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt018952
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0190812
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,113 OFFICE 529 MEXICAN ORPHANAGE 34,000 INDIVIDUALS IN CRISIS 8,123 TOTAL 43,765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS RECEIVABLE 1,700 0 TOTAL 1,700 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 2,628 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S PRIMARY PURPOSE IS TO ASSIST WIDOWS AND ORPHANS. IT SERVES THOSE IN NEED. CURRENTLY AN ORPHANAGE IN MEXICO IS THE MAIN BENEFICIARY OF THE CHARITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACKSON PAYNE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VICTORY FORMATION
ReturnHeader/Filer/BusinessNameControlTxt0VICT
ReturnHeader/Filer/EIN0320325684
ReturnHeader/Filer/USAddress/AddressLine1Txt0108 S TIMBERTOP DR
ReturnHeader/Filer/USAddress/CityNm0SPRING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077380
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841653029
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PADGETT BUSINESS SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09950 CYPRESSWOOD DR STE 217
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0770703413
ReturnHeader/PreparerPersonGrp/PhoneNum02818979141
ReturnHeader/PreparerPersonGrp/PreparationDt02016-09-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRYAN BRASSELL EA
ReturnHeader/ReturnTs02016-09-08T12:31:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits