Civic Intelligence

Texans First Inc

990 • Fiscal year 2017 • EIN 45-1996393

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 19, 2018

3700 Thompson StreetAustin, TX 78702

(512) 589-9253

Siviq Scores

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

Liabilities / Assets

86th percentile

0.28x

Higher debt load relative to assets than 86% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.16x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Net Margin

9th percentile

-37%

Higher net margin than 9% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2017 filings • 501(c)4 • <$500k nonprofits • Source year 2017

Asset Growth

9th percentile

-36%

Faster asset growth than 9% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

15th percentile

-26%

Faster revenue growth than 15% of similar nonprofits.

2017 filings • 501(c)4 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$40,145

Down $22,645 (-36%) from 2016

Net Assets

Down

$28,962

Down $25,207 (-47%) from 2016

Liabilities

Up

$11,183

Up $2,562 (+30%) from 2016

Revenue

Down

$68,226

Down $23,703 (-26%) from 2016

Expenses

Down

$93,433

Down $19,061 (-17%) from 2016

Net Income

Down

-$25,207

Down $4,642 (-23%) from 2016

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $72,646Liabilities 2011: $3,7592011Assets 2012: $36,234Liabilities 2012: $8,183Net Assets 2012: $28,0512012Assets 2013: $89,736Liabilities 2013: $16,290Net Assets 2013: $73,4462013Assets 2014: $61,722Liabilities 2014: $8,056Net Assets 2014: $53,6662014Assets 2015: $84,262Liabilities 2015: $9,528Net Assets 2015: $74,7342015Assets 2016: $62,790Liabilities 2016: $8,621Net Assets 2016: $54,1692016Assets 2017: $40,145Liabilities 2017: $11,183Net Assets 2017: $28,9622017Assets 2018: $15,255Liabilities 2018: $26Net Assets 2018: $15,2292018Assets 2019: $11,245Liabilities 2019: $0Net Assets 2019: $11,2452019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2017

Assets$40,145
Liabilities$11,183
Net Assets$28,962

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $134,678Expenses 2011: $172,998Net Income 2011: -$38,3202011Expenses 2012: $306,1312012Revenue 2013: $232,832Expenses 2013: $187,437Net Income 2013: $45,3952013Revenue 2014: $77,681Expenses 2014: $97,461Net Income 2014: -$19,7802014Revenue 2015: $70,646Expenses 2015: $57,578Net Income 2015: $13,0682015Revenue 2016: $91,929Expenses 2016: $112,494Net Income 2016: -$20,5652016Revenue 2017: $68,226Expenses 2017: $93,433Net Income 2017: -$25,2072017Revenue 2018: $41Expenses 2018: $13,774Net Income 2018: -$13,7332018Revenue 2019: $27Expenses 2019: $4,011Net Income 2019: -$3,9842019Revenue 2020: $0Expenses 2020: $11,245Net Income 2020: -$11,2452020

Highlighted filing

2017

Revenue$68,226
Expenses$93,433
Net Income-$25,207
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 19, 2018
Return Version
2017v2.2
Gross Receipts
$68,226
Mission and Program Overview

Mission

To serve as a clearinghouse for causes championed by individual members, each of whom will promise to donate a certain sum every year to causes approved by the group.

To serve as a clearinghouse and donate a certain sum every year for causes approved by the group.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$62,790$40,145▼ $22,645
Rtn Earn Endowment Incm Other Fnds$54,169$28,962▼ $25,207
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$62,790$40,145▼ $22,645
Liabilities
Accounts Payable and Accrued Expenses$3,521$10,190▲ $6,669
Other Liabilities$5,100$993▼ $4,107
Total Liabilities$8,621$11,183▲ $2,562
Net Assets / Fund Balance
Total Net Assets Fund Balance$54,169$28,962▼ $25,207
Total Liabilities and Net Assets / Fund Balance$62,790$40,145▼ $22,645

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$995$995
Other Land Buildings$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stacy HockDirector/president
Rex GoreDirector
William JonesDirector/secretary
John B LawsonDirector/treasurer/VP
Revenue and Support

Revenue Composition

Contributions and Grants
$68,204
Program Service Revenue
$0
Investment Income
$22
Other Revenue
$0
All Other Contributions
$68,204
Change in Net Assets
$-25,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$93,433
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$57,750-$57,750
Conferences and Meetings$25,526--$25,526
Fees for Services Accounting-$6,300-$6,300
Insurance-$1,244-$1,244
Information Technology$233$208-$441
Office Expenses$210$119-$329
Other Expenses$4$75-$79
Interest-$57-$57
Total Functional Expenses$27,680$65,753$0$93,433
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$993
Governance and Compliance

Governance Checklist

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

The form 990 is provided to board members for review prior to filing. The board members direct any questions or comments to a designated staff member prior to a designated time.

Form 990, Part VI, Section B, Line 12C

No contract or agreement may be entered into by and between the corporation and any of the following: (a) a member, director, officer, committee member, or employee of the corporation (hereinafter an "insider"); or (b) any corporation, partnership, trust, sole proprietorship or any other entity (hereinafter an "entity") in which an interest is owned or held, directly or indirectly, by or for the benefit of an insider, unless (i) the transaction is approved in accordance with section 22.230 of the texas business organizations code; and (ii) if one or more of the parties to the contract is a "disqualified person" with respect to the corporation within the meaning of section 4958 of the internal revenue code, either (x) such transaction is reviewed and approved in accordance with the "rebuttable presumption safe harbor" provisions set forth in the regulations promulgated under section 4958 of the internal revenue code or (y) the board of directors or any committee thereof determines that such procedures are not necessary for the transaction involved and records its specific findings for making such determination; provided, however, that the following contracts and agreements shall not be subject to the foregoing prohibition: a wholly gratuitous transfer of assets or promise to transfer assets to the corporation of any kind, including, but not limited to, a charitable contribution of cash or property to the corporation, an interest-free loan, a wholly gratuitous lease, a pledge, a guarantee, an assumption of liability, a bailment, or a consignment. All insiders shall, as a condition of qualifying and continuing to qualify as a director, officer, committee member and/or employee of the corporation, abide by such conflict of interest policies as the board of directors may adopt from time to time.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Texans First Inc
EIN
45-1996393
Phone
5125899253
Address
3700 THOMPSON STREET, AUSTIN, TX 78702

Signing Officer

Name
Stacy Hock
Title
President
Phone
5125899253
Signed
2018-03-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stacy Hock
Formed
2011
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Flieller Kruger & Skelton Pllc
Address
221 WEST SIXTH STREET SUITE 1200, AUSTIN, TX 78701
Preparer
Paula Wendling
Phone
5124796000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting services: program service expenses 0. Management and general expenses 57,750. Fundraising expenses 0. Total expenses 57,750.

Raw XML Appendix308 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING. THE BOARD MEMBERS DIRECT ANY QUESTIONS OR COMMENTS TO A DESIGNATED STAFF MEMBER PRIOR TO A DESIGNATED TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO CONTRACT OR AGREEMENT MAY BE ENTERED INTO BY AND BETWEEN THE CORPORATION AND ANY OF THE FOLLOWING: (A) A MEMBER, DIRECTOR, OFFICER, COMMITTEE MEMBER, OR EMPLOYEE OF THE CORPORATION (HEREINAFTER AN "INSIDER"); OR (B) ANY CORPORATION, PARTNERSHIP, TRUST, SOLE PROPRIETORSHIP OR ANY OTHER ENTITY (HEREINAFTER AN "ENTITY") IN WHICH AN INTEREST IS OWNED OR HELD, DIRECTLY OR INDIRECTLY, BY OR FOR THE BENEFIT OF AN INSIDER, UNLESS (I) THE TRANSACTION IS APPROVED IN ACCORDANCE WITH SECTION 22.230 OF THE TEXAS BUSINESS ORGANIZATIONS CODE; AND (II) IF ONE OR MORE OF THE PARTIES TO THE CONTRACT IS A "DISQUALIFIED PERSON" WITH RESPECT TO THE CORPORATION WITHIN THE MEANING OF SECTION 4958 OF THE INTERNAL REVENUE CODE, EITHER (X) SUCH TRANSACTION IS REVIEWED AND APPROVED IN ACCORDANCE WITH THE "REBUTTABLE PRESUMPTION SAFE HARBOR" PROVISIONS SET FORTH IN THE REGULATIONS PROMULGATED UNDER SECTION 4958 OF THE INTERNAL REVENUE CODE OR (Y) THE BOARD OF DIRECTORS OR ANY COMMITTEE THEREOF DETERMINES THAT SUCH PROCEDURES ARE NOT NECESSARY FOR THE TRANSACTION INVOLVED AND RECORDS ITS SPECIFIC FINDINGS FOR MAKING SUCH DETERMINATION; PROVIDED, HOWEVER, THAT THE FOLLOWING CONTRACTS AND AGREEMENTS SHALL NOT BE SUBJECT TO THE FOREGOING PROHIBITION: A WHOLLY GRATUITOUS TRANSFER OF ASSETS OR PROMISE TO TRANSFER ASSETS TO THE CORPORATION OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, A CHARITABLE CONTRIBUTION OF CASH OR PROPERTY TO THE CORPORATION, AN INTEREST-FREE LOAN, A WHOLLY GRATUITOUS LEASE, A PLEDGE, A GUARANTEE, AN ASSUMPTION OF LIABILITY, A BAILMENT, OR A CONSIGNMENT. ALL INSIDERS SHALL, AS A CONDITION OF QUALIFYING AND CONTINUING TO QUALIFY AS A DIRECTOR, OFFICER, COMMITTEE MEMBER AND/OR EMPLOYEE OF THE CORPORATION, ABIDE BY SUCH CONFLICT OF INTEREST POLICIES AS THE BOARD OF DIRECTORS MAY ADOPT FROM TIME TO TIME.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 57,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,750.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt068226
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt062790
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt040145
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03700 THOMPSON STREET
IRS990/USAddress/CityNm0AUSTIN
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078702
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STACY HOCK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05125899253
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-03-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEXANS FIRST INC
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0451996393
ReturnHeader/Filer/PhoneNum05125899253
ReturnHeader/Filer/USAddress/AddressLine1Txt03700 THOMPSON STREET
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078702
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04A23FEC37712E7F29AA4E33B52CBF619F9FB6246
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId007AD5F311496298D9A239BE1E73C62B4BD303216
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.58.25.226
ReturnHeader/FilingSecurityInformation/IPDt02018-03-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:35:31
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742939657
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FLIELLER KRUGER & SKELTON PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0221 WEST SIXTH STREET SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078701
ReturnHeader/PreparerPersonGrp/PhoneNum05124796000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAULA WENDLING
ReturnHeader/ReturnTs02018-05-11T18:15:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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