Civic Intelligence

Polo School of Midland Inc

EIN 45-2636962 • 501(c)3 • Midland, TX

Pub. 78 Eligible990-N Coverage

Profile

To teach the sport of polo to children living in the greater midland area.

PO Box 3527Midland, TX 79702

www.midlandpolo.com

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 2020

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

8th percentile

-149%

Higher net margin than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

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 2020

Asset Growth

23rd percentile

-40%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-88%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$6,735

Down $4,529 (-40%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$6,735

Down $4,529 (-40%) from 2019

Operations
Liabilities / Revenue62nd percentileNet Margin8th percentile

Revenue

Down

$3,045

Down $23,380 (-88%) from 2019

Expenses

Down

$7,574

Down $20,500 (-73%) from 2019

Net Income

Down

-$4,529

Down $2,880 (-175%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth23rd percentile

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

$40K$30K$20K$10K$0Assets 2014: $32,894Liabilities 2014: $0Net Assets 2014: $32,8942014Assets 2015: $31,520Liabilities 2015: $0Net Assets 2015: $31,5202015Assets 2016: $22,912Liabilities 2016: $0Net Assets 2016: $22,9122016Assets 2017: $22,622Liabilities 2017: $0Net Assets 2017: $22,6222017Assets 2018: $12,913Liabilities 2018: $0Net Assets 2018: $12,9132018Assets 2019: $11,264Liabilities 2019: $0Net Assets 2019: $11,2642019Assets 2020: $6,735Liabilities 2020: $0Net Assets 2020: $6,7352020

Highlighted filing

2020

Assets$6,735
Liabilities$0
Net Assets$6,735
Open 2020 Filing

Operations Trend

Revenue Growth7th percentile

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

$100K$50K$0-$50KRevenue 2014: $52,366Expenses 2014: $87,609Net Income 2014: -$35,2432014Revenue 2015: $42,189Expenses 2015: $43,563Net Income 2015: -$1,3742015Revenue 2016: $29,931Expenses 2016: $38,539Net Income 2016: -$8,6082016Revenue 2017: $15,795Expenses 2017: $16,085Net Income 2017: -$2902017Revenue 2018: $21,775Expenses 2018: $31,484Net Income 2018: -$9,7092018Revenue 2019: $26,425Expenses 2019: $28,074Net Income 2019: -$1,6492019Revenue 2020: $3,045Expenses 2020: $7,574Net Income 2020: -$4,5292020

Highlighted filing

2020

Revenue$3,045
Expenses$7,574
Net Income-$4,529
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,735
Liabilities
$0
Net assets
$6,735
Revenue
$3,045
Expenses
$7,574
Net income
-$4,529
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$6.74$0.00$6.74$3.05$7.57$4.53
2019Detailed filing. Detailed filing data is available for this year.$11.3$0.00$11.3$26.4$28.1$1.65
2018Detailed filing. Detailed filing data is available for this year.$12.9$0.00$12.9$21.8$31.5$9.71
2017Detailed filing. Detailed filing data is available for this year.$22.6$0.00$22.6$15.8$16.1$0.29
2016Detailed filing. Detailed filing data is available for this year.$22.9$0.00$22.9$29.9$38.5$8.61
2015Detailed filing. Detailed filing data is available for this year.$31.5$0.00$31.5$42.2$43.6$1.37
2014Detailed filing. Detailed filing data is available for this year.$32.9$0.00$32.9$52.4$87.6$35.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 11, 2021
Return Version
2020v4.1
Gross Receipts
$3,045
Mission and Program Overview

Mission

To teach the sport of polo to children living in the greater midland area.

Program Services

DescriptionGrantsExpenses
POLO LESSONS: CHILDREN ATTENDED COMMUNITY POLO LESSONS AND LEARNED FUNDAMENTALS OF THE GAME.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LOUISA FIKESChairperson & DirectorPT$0--
LOUIE EBENSecretary & DirectorPT$0--
KYLE MCGRAWDirector-$0--
JENNI HORDDirector-$0--
JODI WILLIAMSDirector-$0--
MELINDA MUSSELMANDirector-$0--
HENRY MUSSELMANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Polo School of Midland Inc
EIN
45-2636962
Phone
3255131777
Address
PO BOX 3527, MIDLAND, TX 79702

Signing Officer

Name
Louisa Fikes
Title
Director
Phone
3255131777
Signed
2021-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Weaver and Tidwell Llp
Address
400 W ILLINOIS AVE, MIDLAND, TX 79701
Preparer
Laura Roman
Phone
4326835226
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

“Description: depreciation/amortization. Amount: 612.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: veterinary expense. Amount: 5,263. Description: bank fees. Amount: 140. Description: insurance expense. Amount: 1,559. Total to form 990-ez, line 16: 6,962.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: organizational costs. Beg. Of year amount: 3,718. End of year amount: 3,419. Description: other depreciable assets. Beg. Of year amount: 2,539. End of year amount: 2,226.”

Raw XML Appendix165 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum03255131777
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MIDLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LOUISA FIKES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JODI WILLIAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MELINDA MUSSELMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6HENRY MUSSELMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRPERSON & DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY & DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt06257
IRS990EZ/OtherAssetsTotalDetail/EOYAmt05645
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt06962
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.MIDLANDPOLO.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03045
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IRS990ScheduleA/PublicSupportPY170Pct00.86950
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt09885
IRS990ScheduleA/TotalSupportAmt014375
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION/AMORTIZATION. AMOUNT: 612.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: VETERINARY EXPENSE. AMOUNT: 5,263. DESCRIPTION: BANK FEES. AMOUNT: 140. DESCRIPTION: INSURANCE EXPENSE. AMOUNT: 1,559. TOTAL TO FORM 990-EZ, LINE 16: 6,962.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ORGANIZATIONAL COSTS. BEG. OF YEAR AMOUNT: 3,718. END OF YEAR AMOUNT: 3,419. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 2,539. END OF YEAR AMOUNT: 2,226.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LOUISA FIKES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03255131777
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0POLO SCHOOL OF MIDLAND INC
ReturnHeader/Filer/BusinessNameControlTxt0POLO
ReturnHeader/Filer/EIN0452636962
ReturnHeader/Filer/PhoneNum03255131777
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 3527
ReturnHeader/Filer/USAddress/CityNm0MIDLAND
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079701
ReturnHeader/PreparerPersonGrp/PhoneNum04326835226
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LAURA ROMAN
ReturnHeader/ReturnTs02021-11-15T10:23:49-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LOUISA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FIKES
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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