Civic Intelligence

Granbury Isd Education Foundation

990 • Fiscal year 2018 • EIN 45-2994330

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 14, 2018

600 W Pearl StGranbury, TX 76048

(817) 573-2265

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

55th percentile

5.7%

Higher net margin than 55% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

57th percentile

5.4%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$188,516

Up $9,640 (+5.4%) from 2017

Net Assets

Up

$188,516

Up $9,640 (+5.4%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$168,101

Up $31,298 (+23%) from 2017

Expenses

Up

$158,461

Up $23,137 (+17%) from 2017

Net Income

Up

$9,640

Up $8,161 (+552%) from 2017

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2012: $45,154Liabilities 2012: $20,904Net Assets 2012: $24,2502012Assets 2013: $58,945Liabilities 2013: $0Net Assets 2013: $58,9452013Assets 2014: $94,797Liabilities 2014: $0Net Assets 2014: $94,7972014Assets 2015: $137,280Liabilities 2015: $0Net Assets 2015: $137,2802015Assets 2016: $177,397Liabilities 2016: $0Net Assets 2016: $177,3972016Assets 2017: $178,876Liabilities 2017: $0Net Assets 2017: $178,8762017Assets 2018: $188,516Liabilities 2018: $0Net Assets 2018: $188,5162018Assets 2019: $186,362Liabilities 2019: $0Net Assets 2019: $186,3622019Assets 2020: $183,502Liabilities 2020: $0Net Assets 2020: $183,5022020Assets 2021: $207,161Liabilities 2021: $0Net Assets 2021: $207,1612021Assets 2022: $1,542,663Liabilities 2022: $0Net Assets 2022: $1,542,6632022Assets 2023: $1,536,597Liabilities 2023: $0Net Assets 2023: $1,536,5972023Assets 2024: $1,502,141Liabilities 2024: $0Net Assets 2024: $1,502,1412024Assets 2025: $1,520,357Liabilities 2025: $0Net Assets 2025: $1,520,3572025

Highlighted filing

2018

Assets$188,516
Liabilities$0
Net Assets$188,516

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2012: $50,700Expenses 2012: $26,450Net Income 2012: $24,2502012Revenue 2013: $86,217Expenses 2013: $51,522Net Income 2013: $34,6952013Revenue 2014: $126,440Expenses 2014: $90,586Net Income 2014: $35,8542014Revenue 2015: $148,480Expenses 2015: $105,997Net Income 2015: $42,4832015Revenue 2016: $158,381Expenses 2016: $118,264Net Income 2016: $40,1172016Revenue 2017: $136,803Expenses 2017: $135,324Net Income 2017: $1,4792017Revenue 2018: $168,101Expenses 2018: $158,461Net Income 2018: $9,6402018Revenue 2019: $141,815Expenses 2019: $143,969Net Income 2019: -$2,1542019Revenue 2020: $136,085Expenses 2020: $138,945Net Income 2020: -$2,8602020Revenue 2021: $129,181Expenses 2021: $105,522Net Income 2021: $23,6592021Revenue 2022: $1,771,596Expenses 2022: $296,537Net Income 2022: $1,475,0592022Revenue 2023: $172,390Expenses 2023: $173,900Net Income 2023: -$1,5102023Revenue 2024: $184,392Expenses 2024: $207,397Net Income 2024: -$23,0052024Revenue 2025: $178,957Expenses 2025: $170,388Net Income 2025: $8,5692025

Highlighted filing

2018

Revenue$168,101
Expenses$158,461
Net Income$9,640
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 14, 2018
Return Version
2017v2.3
Gross Receipts
$168,101
Mission and Program Overview

Mission

The foundation was created to support the educational programs for both the students and staff of the granbury independent school district (gisd). The foundation's activities and funds are used to support educational excellence and promote community engagement in and for the gisd.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$167,906$128,754▼ $39,152
Savings and Temporary Cash Investments-$50,000-
Intangible Assets$10,970$9,762▼ $1,208
Total Assets$178,876$188,516▲ $9,640
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$121,345$131,899▲ $10,554
Temporarily Rstr Net Assets$57,531$56,617▼ $914
Total Net Assets Fund Balance$178,876$188,516▲ $9,640
Total Liabilities and Net Assets / Fund Balance$178,876$188,516▲ $9,640
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$168,101
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$168,101
Change in Net Assets
$9,640
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$158,461
Total Fundraising Expense$6,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$131,705--$131,705
Travel-$3,490-$3,490
Insurance-$1,908-$1,908
Fees for Services Accounting-$1,500-$1,500
Depreciation Depletion$1,208--$1,208
Office Expenses-$705-$705
Fees for Services Other-$200-$200
Other Expenses$11,351$-3$6,397$-3
Total Functional Expenses$144,264$7,800$6,397$158,461
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

X

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Granbury Isd Education Foundation
EIN
45-2994330
Phone
8175732265
Address
600 W PEARL ST, GRANBURY, TX 76048

Signing Officer

Name
Stacy Mitchell
Title
President
Phone
8175732265
Signed
2018-08-14

Organization Details

Principal Officer
Stacy Mitchell
Formed
2011
Legal Domicile
TX
Voting Board Members
21
Independent Board Members
18
Employees
0
Volunteers
21

Preparer

Firm
Justin R Bowden LLC
Address
1202 SOUTH MORGAN, GRANBURY, TX 76048
Preparer
Justin Bowden CPA
Phone
8172791711
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The foundation was created to support the educational programs for both the students and staff of the granbury independent school district (gisd). The foundation's activities and funds are used to support educational excellence and promote community engagement in and for the gisd.

Form 990, Page 2, Part III, Line 4D

The foundation was created to support the educational programs for both the students and staff of the granbury independent school district (gisd). The foundation's activities and funds are used to support educational excellence and promote community engagement in and for the gisd.

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IRS990/OtherExpensesGrp/ProgramServicesAmt011351
IRS990/OtherExpensesGrp/TotalAmt011351
IRS990/OtherExpensesGrp/TotalAmt16397
IRS990/OtherExpensesGrp/TotalAmt2-3
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0131705
IRS990/PaymentsToAffiliatesGrp/TotalAmt0131705
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0STACY MITCHELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE FOUNDATION WAS CREATED TO SUPPORT THE EDUCATIONAL PROGRAMS FOR BOTH THE STUDENTS AND STAFF OF THE GRANBURY INDEPENDENT SCHOOL DISTRICT (GISD). THE FOUNDATION'S ACTIVITIES AND FUNDS ARE USED TO SUPPORT EDUCATIONAL EXCELLENCE AND PROMOTE COMMUNITY ENGAGEMENT IN AND FOR THE GISD.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0144264
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0136803
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0135324
IRS990/PYRevenuesLessExpensesAmt01479
IRS990/PYTotalExpensesAmt0135324
IRS990/PYTotalRevenueAmt0136803
IRS990/ReconcilationRevenueExpnssAmt09640
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/EOYAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0168101
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0136803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0105709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0146936
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0111096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0668645
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0668645
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0168101
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0136803
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0105709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0146936
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0111096
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0668645
IRS990ScheduleA/TotalSupportAmt0668645
IRS990/ScheduleBRequiredInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION WAS CREATED TO SUPPORT THE EDUCATIONAL PROGRAMS FOR BOTH THE STUDENTS AND STAFF OF THE GRANBURY INDEPENDENT SCHOOL DISTRICT (GISD). THE FOUNDATION'S ACTIVITIES AND FUNDS ARE USED TO SUPPORT EDUCATIONAL EXCELLENCE AND PROMOTE COMMUNITY ENGAGEMENT IN AND FOR THE GISD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION WAS CREATED TO SUPPORT THE EDUCATIONAL PROGRAMS FOR BOTH THE STUDENTS AND STAFF OF THE GRANBURY INDEPENDENT SCHOOL DISTRICT (GISD). THE FOUNDATION'S ACTIVITIES AND FUNDS ARE USED TO SUPPORT EDUCATIONAL EXCELLENCE AND PROMOTE COMMUNITY ENGAGEMENT IN AND FOR THE GISD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt057531
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt056617
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0178876
IRS990/TotalAssetsEOYAmt0188516
IRS990/TotalAssetsGrp/BOYAmt0178876
IRS990/TotalAssetsGrp/EOYAmt0188516
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0168101
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt06397
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt07800
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0144264
IRS990/TotalFunctionalExpensesGrp/TotalAmt0158461
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0178876
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0188516
IRS990/TotalOtherProgSrvcExpenseAmt0144264
IRS990/TotalProgramServiceExpensesAmt0144264
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0168101
IRS990/TotalVolunteersCnt021
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0178876
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0188516
IRS990/TravelGrp/ManagementAndGeneralAmt03490
IRS990/TravelGrp/TotalAmt03490
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0121345
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0131899
IRS990/VotingMembersGoverningBodyCnt021
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.GRANBURYISD.ORG/FOUNDATION
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STACY MITCHELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08175732265
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRANBURY ISD EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0GRAN
ReturnHeader/Filer/EIN0452994330
ReturnHeader/Filer/PhoneNum08175732265
ReturnHeader/Filer/USAddress/AddressLine1Txt0600 W PEARL ST
ReturnHeader/Filer/USAddress/CityNm0GRANBURY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076048
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DE1D6DA41A43B33CA6EF52E8833220A47A127703
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0EA682314D960B0FEAC32DDFF6160E4025279A1D1
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0162.251.241.150
ReturnHeader/FilingSecurityInformation/IPDt02018-08-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm016:38:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0460812111
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JUSTIN R BOWDEN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01202 SOUTH MORGAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GRANBURY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076048
ReturnHeader/PreparerPersonGrp/PhoneNum08172791711
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN BOWDEN CPA
ReturnHeader/ReturnTs02018-08-30T16:38:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$0.18$0.17$0.01
2024Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.18$0.21$0.02
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.17$0.17$0.00
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$1.77$0.30$1.48
2021Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$0.13$0.11$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.14$0.14$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.14$0.14$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.00$0.19$0.17$0.16$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.14$0.14$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.16$0.12$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.00$0.14$0.15$0.11$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.13$0.09$0.04
2013Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.09$0.05$0.03
2012Summary only. Only limited summary data is available for this year.$0.05$0.02$0.02$0.05$0.03$0.02