Civic Intelligence

Sweeny Isd Education Foundation

990 • Fiscal year 2020 • EIN 43-1995210

Sep 01, 2019 to Aug 31, 2020 • Filed on Jul 14, 2021

1310 N Elm StreetSweeny, TX 77480

(979) 491-8000

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

42nd percentile

2.9%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-31%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$4,769,680

Up $135,101 (+2.9%) from 2019

Net Assets

Up

$4,769,680

Up $135,101 (+2.9%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$94,782

Down $42,916 (-31%) from 2019

Expenses

Down

$6,476

Down $134,643 (-95%) from 2019

Net Income

Up

$88,306

Up $91,727 (+2681%) from 2019

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 2011: $2,888,219Liabilities 2011: $0Net Assets 2011: $2,888,2192011Assets 2012: $4,191,644Liabilities 2012: $0Net Assets 2012: $4,191,6442012Assets 2013: $4,760,494Liabilities 2013: $0Net Assets 2013: $4,760,4942013Assets 2014: $5,027,655Liabilities 2014: $0Net Assets 2014: $5,027,6552014Assets 2015: $5,334,979Liabilities 2015: $0Net Assets 2015: $5,334,9792015Assets 2016: $5,409,014Liabilities 2016: $434,944Net Assets 2016: $4,974,0702016Assets 2017: $4,803,863Liabilities 2017: $98,348Net Assets 2017: $4,705,5152017Assets 2018: $4,630,625Liabilities 2018: $0Net Assets 2018: $4,630,6252018Assets 2019: $4,634,579Liabilities 2019: $0Net Assets 2019: $4,634,5792019Assets 2020: $4,769,680Liabilities 2020: $0Net Assets 2020: $4,769,6802020Assets 2021: $4,876,792Liabilities 2021: $63,896Net Assets 2021: $4,812,8962021Assets 2022: $4,669,960Liabilities 2022: $0Net Assets 2022: $4,669,9602022Assets 2023: $4,811,870Liabilities 2023: $135,576Net Assets 2023: $4,676,2942023Assets 2024: $4,802,689Liabilities 2024: $0Net Assets 2024: $4,802,6892024

Highlighted filing

2020

Assets$4,769,680
Liabilities$0
Net Assets$4,769,680

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $797,548Expenses 2011: $0Net Income 2011: $797,5482011Revenue 2012: $1,323,425Expenses 2012: $20,000Net Income 2012: $1,303,4252012Revenue 2013: $589,249Expenses 2013: $20,400Net Income 2013: $568,8492013Revenue 2014: $587,161Expenses 2014: $320,000Net Income 2014: $267,1612014Revenue 2015: $480,291Expenses 2015: $172,967Net Income 2015: $307,3242015Revenue 2016: $145,341Expenses 2016: $506,250Net Income 2016: -$360,9092016Revenue 2017: $72,356Expenses 2017: $257,187Net Income 2017: -$184,8312017Revenue 2018: $1,809,345Expenses 2018: $1,950,071Net Income 2018: -$140,7262018Revenue 2019: $137,698Expenses 2019: $141,119Net Income 2019: -$3,4212019Revenue 2020: $94,782Expenses 2020: $6,476Net Income 2020: $88,3062020Revenue 2021: $146,008Expenses 2021: $102,792Net Income 2021: $43,2162021Revenue 2022: $225,928Expenses 2022: $368,864Net Income 2022: -$142,9362022Revenue 2023: $213,697Expenses 2023: $367,721Net Income 2023: -$154,0242023Revenue 2024: $241,508Expenses 2024: $138,574Net Income 2024: $102,9342024

Highlighted filing

2020

Revenue$94,782
Expenses$6,476
Net Income$88,306
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jul 14, 2021
Return Version
2019v5.2
Gross Receipts
$1,729,748
Mission and Program Overview

Mission

To provide grants to the sweeny independent school district that will be used by the district to accomplish the district's educational purposes and activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,264,302$3,741,207▼ $523,095
Cash and Non-Interest-Bearing Accounts$362,933$1,024,375▲ $661,442
Accounts Receivable$7,344$4,098▼ $3,246
Total Assets$4,634,579$4,769,680▲ $135,101
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,634,579$4,769,680▲ $135,101
Total Net Assets Fund Balance$4,634,579$4,769,680▲ $135,101
Total Liabilities and Net Assets / Fund Balance$4,634,579$4,769,680▲ $135,101

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$3,741,207--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wendy IrwinPresident
Adam Troy DavidsonBoard Member
Bryan DougetBoard Member
Donna Bohlar-schroederBoard Member
Loretha EdisonBoard Member
Ryan FollettBoard Member
Tory HillBoard Member
Minne SanchezSecretary
Amy CarterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,888
Program Service Revenue
$0
Investment Income
$89,894
Other Revenue
$0
All Other Contributions
$4,888
Change in Net Assets
$88,306
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,984
Other Expenses$1,492
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,984--$4,984
Other Expenses-$1,492-$1,492
Total Functional Expenses$4,984$1,492$0$6,476
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sweeny Independent School DistrictSweeny, TXSweeny IsdSupport Education Programs$4,984
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the board president and made available to the board for review.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Sweeny Isd Education Foundation
EIN
43-1995210
Phone
9794918000
Address
1310 N ELM STREET, SWEENY, TX 77480

Signing Officer

Name
Amy Carter
Title
Treasurer
Phone
9794918000
Signed
2021-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Irwin
Formed
2003
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Weaver and Tidwell Llp
Address
1406 WILSON RD STE 100, CONROE, TX 77304
Preparer
Patrick K Hardison CPA
Phone
9367568127
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization did not change its audit oversight process or selection process.

Raw XML Appendix349 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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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE BOARD RECEIVES REPORTS FROM THE SWEENY INDEPENDENT SCHOOL DISTRICT REGARDING USE OF GRANTS AWARDED TO THE DISTRICT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND MADE AVAILABLE TO THE BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DID NOT CHANGE ITS AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04634579
IRS990/TotalAssetsEOYAmt04769680
IRS990/TotalAssetsGrp/BOYAmt04634579
IRS990/TotalAssetsGrp/EOYAmt04769680
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04888
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01492
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04984
IRS990/TotalFunctionalExpensesGrp/TotalAmt06476
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04634579
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04769680
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt04984
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt089894
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt094782
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04634579
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04769680
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt01310 N ELM STREET
IRS990/USAddress/CityNm0SWEENY
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077480
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY CARTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09794918000
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SWEENY ISD EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SWEE
ReturnHeader/Filer/EIN0431995210
ReturnHeader/Filer/PhoneNum09794918000
ReturnHeader/Filer/USAddress/AddressLine1Txt01310 N ELM STREET
ReturnHeader/Filer/USAddress/CityNm0SWEENY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077480
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750786316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAVER AND TIDWELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01406 WILSON RD STE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CONROE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077304
ReturnHeader/PreparerPersonGrp/PhoneNum09367568127
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PATRICK K HARDISON CPA
ReturnHeader/ReturnTs02021-07-15T11:39:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.80$0.00$4.80$0.24$0.14$0.10
2023Detailed filing. Detailed filing data is available for this year.$4.81$0.14$4.68$0.21$0.37$0.15
2022Detailed filing. Detailed filing data is available for this year.$4.67$0.00$4.67$0.23$0.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$4.88$0.06$4.81$0.15$0.10$0.04
2020Detailed filing. Detailed filing data is available for this year.$4.77$0.00$4.77$0.09$0.01$0.09
2019Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$0.14$0.14$0.00
2018Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$1.81$1.95$0.14
2017Detailed filing. Detailed filing data is available for this year.$4.80$0.10$4.71$0.07$0.26$0.18
2016Summary only. Only limited summary data is available for this year.$5.41$0.43$4.97$0.15$0.51$0.36
2015Summary only. Only limited summary data is available for this year.$5.33$0.00$5.33$0.48$0.17$0.31
2014Summary only. Only limited summary data is available for this year.$5.03$0.00$5.03$0.59$0.32$0.27
2013Summary only. Only limited summary data is available for this year.$4.76$0.00$4.76$0.59$0.02$0.57
2012Summary only. Only limited summary data is available for this year.$4.19$0.00$4.19$1.32$0.02$1.30
2011Summary only. Only limited summary data is available for this year.$2.89$0.00$2.89$0.80$0.00$0.80