Civic Intelligence

O'Connell High School Foundation

990 • Fiscal year 2016 • EIN 36-4556466

Aug 01, 2015 to Jul 31, 2016 • Filed on Jun 14, 2017

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

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

68th percentile

0.28x

Higher debt load relative to revenue than 68% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

15th percentile

-20%

Higher net margin than 15% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

25th percentile

-4.0%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

19th percentile

-16%

Faster revenue growth than 19% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,896,532

Down $205,485 (-4.0%) from 2015

Net Assets

Down

$4,565,075

Down $155,023 (-3.3%) from 2015

Liabilities

Down

$331,457

Down $50,462 (-13%) from 2015

Revenue

Down

$1,187,356

Down $221,557 (-16%) from 2015

Expenses

Down

$1,425,641

Down $51,582 (-3.5%) from 2015

Net Income

Down

-$238,285

Down $169,975 (-249%) from 2015

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

2016

Assets$4,896,532
Liabilities$331,457
Net Assets$4,565,075

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

2016

Revenue$1,187,356
Expenses$1,425,641
Net Income-$238,285
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Jun 14, 2017
Return Version
2015v3.0
Gross Receipts
$1,260,576
Mission and Program Overview

Mission

Operation of private high school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,218,789$4,223,673▲ $4,884
Land, Buildings, and Equipment, Net$679,964$626,376▼ $53,588
Prepaid Expenses and Deferred Charges$24,987$23,446▼ $1,541
Cash and Non-Interest-Bearing Accounts$83,093$15,826▼ $67,267
Accounts Receivable$95,184$7,211▼ $87,973
Total Assets$5,102,017$4,896,532▼ $205,485
Liabilities
Mortgage Notes Payable Secured by Investment Property$332,189$293,519▼ $38,670
Accounts Payable and Accrued Expenses$20,680$21,738▲ $1,058
Deferred Revenue$29,050$16,200▼ $12,850
Total Liabilities$381,919$331,457▼ $50,462
Net Assets / Fund Balance
Permanently Rstr Net Assets$4,000,000$4,000,000→ $0
Temporarily Rstr Net Assets$436,802$297,213▼ $139,589
Unrestricted Net Assets$283,296$267,862▼ $15,434
Total Net Assets Fund Balance$4,720,098$4,565,075▼ $155,023
Total Liabilities and Net Assets / Fund Balance$5,102,017$4,896,532▼ $205,485

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$558,979$98,315$657,294
Equipment$43,414$263,730$307,144
Other Land Buildings$1,113$70,707$71,820
Land$22,870-$22,870

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$4,300,789-▲ $336,802$378,989$4,223,673
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
Trey ApffelMember
Mike WisnerSecretary
John CartwrightTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$344,371
Program Service Revenue
$557,427
Investment Income
$253,540
Other Revenue
$32,018
All Other Contributions
$243,871
Change in Net Assets
$-238,285

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,187,356
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$360,234
Total Revenue per Audited Statements
$1,547,590
Total Revenue per Form 990
$1,187,356
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$880,305
Other Expenses$545,336
Total Fundraising Expense$15,985
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$518,825$249,269$11,000$779,094
Occupancy$85,278$9,674-$94,952
Insurance$74,364--$74,364
Payroll Taxes$44,601$19,826$801$65,228
Depreciation Depletion$53,588--$53,588
Other Employee Benefits$23,988$11,995-$35,983
Fees for Service Investment Mgmnt Fees-$34,929-$34,929
Office Expenses$24,137$5,534$4,184$33,855
Advertising$26,069--$26,069
Fees for Services Accounting-$23,657-$23,657
Interest-$18,404-$18,404
All Other Expenses$9,195$1,227-$10,422
Other Expenses$5,675--$5,675
Fees for Services Other$2,772$1,660-$4,432
Travel$1,089--$1,089
Conferences and Meetings$80--$80
Total Functional Expenses$1,033,481$376,175$15,985$1,425,641

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,702,613
Expenses per Audited Statements$1,425,641
Total Expenses per Form 990$1,425,641
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$105,238
Fundraising Direct Expenses$73,220
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Treasure Ball$145,224$44,724$21,968$22,756
Total Events$205,738$105,238$73,220$32,018
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
2017-06-14
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
30
Volunteers
100

Preparer

Firm
Frierson Sola Simonton & Kutac Pllc
Address
801 TRAVIS ST STE 1900, HOUSTON, TX 77002-5730
Preparer
Ray Frierson Cpacfp
Phone
7136519250
Raw XML AppendixShowing 400 of 461 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/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
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IRS990/PYOtherExpensesAmt0534583
IRS990/PYOtherRevenueAmt077132
IRS990/PYProgramServiceRevenueAmt0622066
IRS990/PYRevenuesLessExpensesAmt0-68310
IRS990/PYSalariesCompEmpBnftPaidAmt0942640
IRS990/PYTotalExpensesAmt01477223
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01408913
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-238285
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0557427
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04218789
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04223673
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/AdministrativeExpensesAmt034929
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04300789
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04223673
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0336802
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0378989
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt035617
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt04404890
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04300789
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt027462
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt095946
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt025268
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04005855
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0375000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt04404890
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0424303
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0375000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt04625000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04005855
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05855
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0625000
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0276972
IRS990ScheduleD/DonatedServicesUseFcltsAmt0276972
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt043414
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0263730
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0307144
IRS990ScheduleD/ExpensesNotReportedAmt0276972
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01425641
IRS990ScheduleD/LandGrp/BookValueAmt022870
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt022870
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0558979
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt098315
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0657294
IRS990ScheduleD/NetUnrealizedGainsInvstAmt083262
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01113
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt070707
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt071820
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.94700
IRS990ScheduleD/RevenueNotReportedAmt0360234
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01187356
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.05300
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0626376
IRS990ScheduleD/TotalExpensesPerForm990Amt01425641
IRS990ScheduleD/TotalRevenuePerForm990Amt01187356
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01547590
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01702613
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/CharitableContributionsTotAmt0100500
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0100500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt073220
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TREASURE BALL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0145224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt060514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0205738
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt044724
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt060514
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0105238
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt032018
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021968
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt021968
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt07
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt051252
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt051252
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/BOYAmt0436802
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0297213
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05102017
IRS990/TotalAssetsEOYAmt04896532
IRS990/TotalAssetsGrp/BOYAmt05102017
IRS990/TotalAssetsGrp/EOYAmt04896532
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0344371
IRS990/TotalEmployeeCnt030
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015985
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0376175
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01033481
IRS990/TotalFunctionalExpensesGrp/TotalAmt01425641
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0381919

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