Civic Intelligence

O'Connell High School Foundation

990 • Fiscal year 2015 • EIN 36-4556466

Aug 01, 2014 to Jul 31, 2015 • Filed on Jun 06, 2016

1320 TremontGalveston, TX 77550

(409) 765-5534

Siviq Scores

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

Liabilities / Assets

35th percentile

0.07x

Higher debt load relative to assets than 35% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

59th percentile

0.27x

Higher debt load relative to revenue than 59% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

24th percentile

-4.8%

Higher net margin than 24% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

29th percentile

-3.0%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Down

$5,102,017

Down $156,295 (-3.0%) from 2014

Net Assets

Down

$4,720,098

Down $301,034 (-6.0%) from 2014

Liabilities

Up

$381,919

Up $144,739 (+61%) from 2014

Revenue

Up

$1,408,913

Up $138,632 (+11%) from 2014

Expenses

Down

$1,477,223

Down $7,864 (-0.5%) from 2014

Net Income

Up

-$68,310

Up $146,496 (+68%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $528,859Liabilities 2012: $287,587Net Assets 2012: $241,2722012Assets 2013: $5,304,568Liabilities 2013: $325,038Net Assets 2013: $4,979,5302013Assets 2014: $5,258,312Liabilities 2014: $237,180Net Assets 2014: $5,021,1322014Assets 2015: $5,102,017Liabilities 2015: $381,919Net Assets 2015: $4,720,0982015Assets 2016: $4,896,532Liabilities 2016: $331,457Net Assets 2016: $4,565,0752016Assets 2017: $4,865,719Liabilities 2017: $414,656Net Assets 2017: $4,451,0632017Assets 2018: $4,859,224Liabilities 2018: $332,004Net Assets 2018: $4,527,2202018Assets 2019: $5,060,943Liabilities 2019: $300,441Net Assets 2019: $4,760,5022019Assets 2020: $5,252,072Liabilities 2020: $336,716Net Assets 2020: $4,915,3562020Assets 2021: $5,796,515Liabilities 2021: $268,486Net Assets 2021: $5,528,0292021Assets 2022: $5,454,556Liabilities 2022: $153,770Net Assets 2022: $5,300,7862022Assets 2023: $5,183,403Liabilities 2023: $118,239Net Assets 2023: $5,065,1642023Assets 2024: $5,485,016Liabilities 2024: $96,849Net Assets 2024: $5,388,1672024

Highlighted filing

2015

Assets$5,102,017
Liabilities$381,919
Net Assets$4,720,098

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2012: $1,179,0132012Expenses 2013: $1,336,4612013Revenue 2014: $1,270,281Expenses 2014: $1,485,087Net Income 2014: -$214,8062014Revenue 2015: $1,408,913Expenses 2015: $1,477,223Net Income 2015: -$68,3102015Revenue 2016: $1,187,356Expenses 2016: $1,425,641Net Income 2016: -$238,2852016Revenue 2017: $1,357,838Expenses 2017: $1,459,926Net Income 2017: -$102,0882017Revenue 2018: $1,404,007Expenses 2018: $1,317,598Net Income 2018: $86,4092018Revenue 2019: $1,394,754Expenses 2019: $1,333,398Net Income 2019: $61,3562019Revenue 2020: $1,290,207Expenses 2020: $1,258,988Net Income 2020: $31,2192020Revenue 2021: $1,410,310Expenses 2021: $1,116,141Net Income 2021: $294,1692021Revenue 2022: $1,547,422Expenses 2022: $1,338,559Net Income 2022: $208,8632022Revenue 2023: $1,330,818Expenses 2023: $1,441,383Net Income 2023: -$110,5652023Revenue 2024: $1,437,967Expenses 2024: $1,432,518Net Income 2024: $5,4492024

Highlighted filing

2015

Revenue$1,408,913
Expenses$1,477,223
Net Income-$68,310
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Jun 6, 2016
Return Version
2014v6.0
Gross Receipts
$1,469,294
Mission and Program Overview

Mission

Operation of private high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,404,890$4,218,789▼ $186,101
Land, Buildings, and Equipment, Net$726,096$679,964▼ $46,132
Accounts Receivable$3,555$95,184▲ $91,629
Cash and Non-Interest-Bearing Accounts$111,209$83,093▼ $28,116
Prepaid Expenses and Deferred Charges$10,185$24,987▲ $14,802
Other Notes and Loans Receivable, Net$2,377$0▼ $2,377
Total Assets$5,258,312$5,102,017▼ $156,295
Liabilities
Mortgage Notes Payable Secured by Investment Property$0$332,189▲ $332,189
Unsecured Notes Loans Payable$208,276--
Deferred Revenue$10,130$29,050▲ $18,920
Accounts Payable and Accrued Expenses$18,774$20,680▲ $1,906
Total Liabilities$237,180$381,919▲ $144,739
Net Assets / Fund Balance
Permanently Rstr Net Assets$4,000,000$4,000,000→ $0
Temporarily Rstr Net Assets$405,551$436,802▲ $31,251
Unrestricted Net Assets$615,581$283,296▼ $332,285
Total Net Assets Fund Balance$5,021,132$4,720,098▼ $301,034
Total Liabilities and Net Assets / Fund Balance$5,258,312$5,102,017▼ $156,295

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$575,412$81,882$657,294
Equipment$79,069$228,075$307,144
Other Land Buildings$2,613$69,207$71,820
Land$22,870-$22,870

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$4,404,890-▲ $27,462$95,946$4,300,789
2013$4,005,855$375,000▲ $424,303$375,000$4,404,890
2012-$4,625,000▲ $5,855$625,000$4,005,855
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wayne MalliaPresident
Mike ChristensenVice President
EJ Stein OFMMember
Tonya CallendarMember
Trey ApffelMember
Mike WisnerSecretary
John CartwrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$449,529
Program Service Revenue
$622,066
Investment Income
$260,186
Other Revenue
$77,132
All Other Contributions
$380,341
Change in Net Assets
$-68,310

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,408,913
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$44,248
Total Revenue per Audited Statements
$1,453,161
Total Revenue per Form 990
$1,408,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$942,640
Other Expenses$534,583
Total Fundraising Expense$16,109
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$497,563$324,787$11,124$833,474
Occupancy$77,942$8,926-$86,868
Payroll Taxes$44,601$28,314$801$73,716
Insurance$62,404--$62,404
Depreciation Depletion$59,132--$59,132
Fees for Services Legal-$45,948-$45,948
Fees for Service Investment Mgmnt Fees-$35,617-$35,617
Other Employee Benefits$23,633$11,817-$35,450
Office Expenses$21,664$5,534$4,184$31,382
Advertising$23,422--$23,422
Interest-$12,845-$12,845
Fees for Services Other$2,754$9,248-$12,002
Fees for Services Accounting-$11,920-$11,920
All Other Expenses$10,316$1,231-$11,547
Other Expenses$6,083--$6,083
Travel$2,939--$2,939
Conferences and Meetings$116--$116
Total Functional Expenses$964,927$496,187$16,109$1,477,223

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,754,195
Expenses per Audited Statements$1,477,223
Total Expenses per Form 990$1,477,223
Expenses Not Reported on Form 990$276,972
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$127,954
Fundraising Direct Expenses$50,822
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Treasure Ball$159,525$90,337$15,021$75,316
Total Events$197,142$127,954$50,822$77,132
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 11

Review upon signing.

Form 990, Part VI, Section C, line 19

Upon request

Filing and Contact Details

Filer

Filer Name
O'Connell High School Foundation
EIN
36-4556466
Phone
4097655534
Address
1320 Tremont, Galveston, TX 77550

Signing Officer

Name
John Cartwright
Title
Treasurer
Phone
4097655534
Signed
2016-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Cartwright
Formed
2004
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
32
Volunteers
75

Preparer

Firm
Frierson Sola Simonton & Kutac PLLC
Address
801 Travis St Ste 1900, Houston, TX 77002-5730
Preparer
Ray Frierson CPAPFS CFP
Phone
7136519250
Raw XML AppendixShowing 400 of 465 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.

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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt133265
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt224869
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0563932
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt133265
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt224869
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0438682
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0167895
IRS990/PYOtherExpensesAmt0546406
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0663704
IRS990/PYRevenuesLessExpensesAmt0-214806
IRS990/PYSalariesCompEmpBnftPaidAmt0938681
IRS990/PYTotalExpensesAmt01485087
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01270281
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-68310
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0622066
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04404890
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04218789
IRS990ScheduleA/SchoolInd0X
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/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt035617
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04404890
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04300789
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt027462
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt095946
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt025268
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04005855
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0375000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04404890
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0424303
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0375000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt04625000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04005855
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05855
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0625000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0276972
IRS990ScheduleD/DonatedServicesUseFcltsAmt0276972
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt079069
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0228075
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0307144
IRS990ScheduleD/ExpensesNotReportedAmt0276972
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01477223
IRS990ScheduleD/LandGrp/BookValueAmt022870
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt022870
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0575412
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt081882
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0657294
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-232724
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02613
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt069207
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071820
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.93010
IRS990ScheduleD/RevenueNotReportedAmt044248
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01408913
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.06990
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0679964
IRS990ScheduleD/TotalExpensesPerForm990Amt01477223
IRS990ScheduleD/TotalRevenuePerForm990Amt01408913
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01453161
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01754195
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0The racial nondiscriminatory policy is disclosed on the organization's website.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt069188
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt069188
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt050822
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Treasure Ball
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0159525
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt037617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0197142
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt090337
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt037617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0127954
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt077132
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015021
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015021
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt07
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt035801
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt035801
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Review upon signing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0405551
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0436802
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05258312
IRS990/TotalAssetsEOYAmt05102017
IRS990/TotalAssetsGrp/BOYAmt05258312
IRS990/TotalAssetsGrp/EOYAmt05102017
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0449529
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016109
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0496187
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0964927

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