Civic Intelligence

The Loralee Foundation

990EZ • Fiscal year 2015 • EIN 45-3036156

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

14409-b Fitzhugh RdAustin, TX 78736

(512) 263-8383

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.06x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

71st percentile

0.03x

Higher debt load relative to revenue than 71% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

10th percentile

-39%

Higher net margin than 10% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

94th percentile

$55,862

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 59.4% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

9th percentile

-46%

Faster asset growth than 9% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

20th percentile

-24%

Faster revenue growth than 20% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$41,310

Down $35,866 (-46%) from 2014

Net Assets

Down

$38,860

Down $36,286 (-48%) from 2014

Liabilities

Up

$2,450

Up $420 (+21%) from 2014

Revenue

Down

$94,086

Down $29,886 (-24%) from 2014

Expenses

Up

$130,372

Up $71,804 (+123%) from 2014

Net Income

Down

-$36,286

Down $101,690 (-155%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $77,176Liabilities 2014: $2,030Net Assets 2014: $75,1462014Assets 2015: $41,310Liabilities 2015: $2,450Net Assets 2015: $38,8602015Assets 2016: $42,356Liabilities 2016: $2,450Net Assets 2016: $39,9062016Assets 2018: $195,885Liabilities 2018: $0Net Assets 2018: $195,8852018Assets 2019: $243,347Liabilities 2019: $0Net Assets 2019: $243,3472019Assets 2020: $268,759Liabilities 2020: $0Net Assets 2020: $268,7592020Assets 2021: $271,122Liabilities 2021: $0Net Assets 2021: $271,1222021Assets 2022: $225,786Liabilities 2022: $0Net Assets 2022: $225,7862022Assets 2023: $329,179Liabilities 2023: $0Net Assets 2023: $329,1792023Assets 2024: $376,041Liabilities 2024: $8,241Net Assets 2024: $367,8002024

Highlighted filing

2015

Assets$41,310
Liabilities$2,450
Net Assets$38,860

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $53,209Expenses 2012: $53,209Net Income 2012: $02012Revenue 2013: $173,090Expenses 2013: $173,090Net Income 2013: $02013Revenue 2014: $123,972Expenses 2014: $58,568Net Income 2014: $65,4042014Revenue 2015: $94,086Expenses 2015: $130,372Net Income 2015: -$36,2862015Revenue 2016: $164,630Expenses 2016: $165,281Net Income 2016: -$6512016Revenue 2018: $246,354Expenses 2018: $212,994Net Income 2018: $33,3602018Revenue 2019: $462,340Expenses 2019: $414,878Net Income 2019: $47,4622019Revenue 2020: $318,361Expenses 2020: $292,949Net Income 2020: $25,4122020Revenue 2021: $718,162Expenses 2021: $715,799Net Income 2021: $2,3632021Revenue 2022: $2,033,496Expenses 2022: $2,078,832Net Income 2022: -$45,3362022Revenue 2023: $901,866Expenses 2023: $798,473Net Income 2023: $103,3932023Revenue 2024: $888,361Expenses 2024: $849,740Net Income 2024: $38,6212024

Highlighted filing

2015

Revenue$94,086
Expenses$130,372
Net Income-$36,286
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.1
Gross Receipts
$94,086
Mission and Program Overview

Mission

To offer support to individuals, charities and organizations who can benefit from a therapeutic outdoor environment and wish to make a difference in their communities through use of our facilities.

The loralee foundation offers equine therapy and seeks out charitable people and organizations who wish to make a difference in their communities and provides them with access to the foundation ranch at no cost.

Program Services

DescriptionGrantsExpenses
THE FOUNDATION OFFERED THE FOLLOWING DURING 2015: EQUINE THERAPY, ED/PHOEBE RIDING, VETERANS DAY EVENT, TEAM ROPING EXERCISE WITH SHORTY SCOTT, SETTLEMENT HOME COTTAGE SLEEPOVERS, FIELD DAYS, SPIRIT REINS OUTINGS, AND OTHER VARIOUS ACTIVITIES WITH NON-PROFITS, INCLUDING TEXAS BAPTIST CHILDRENS HOME AND BIG BROTHERS BIG SISTERS.$0$125,647
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RHONDA ZIEGERExecutive DirectorFT$55,862-$55,862
JAMES D SPRYPresident-$0--
MELISSA TERRYSecretary-$0--
KIM FLOYDDirector-$0--
SHAYNE ANDERSONDirector-$0--
NICOLE ANDERSONDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Loralee Foundation
EIN
45-3036156
Phone
5122638383
Address
14409-B FITZHUGH RD, AUSTIN, TX 78736

Signing Officer

Name
James D Spry
Title
Director
Phone
5122638383
Signed
2016-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Rsm US Llp
Address
811 BARTON SPRINGS ROAD SUITE 500, AUSTIN, TX 78704
Preparer
Rebecca Rodriguez
Phone
5124760717
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 5,030. Description: other expenses. Amount: 3,777. Total to form 990-ez, line 14: 8,807.

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

Description: travel and meetings. Amount: 489. Description: insurance. Amount: 4,073. Description: ranch expenses. Amount: 24,646. Description: supplies. Amount: 8,706. Description: miscellaneous expense. Amount: 2,155. Total to form 990-ez, line 16: 40,069.

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

Description: other depreciable assets. Beg. Of year amount: 58,294. End of year amount: 25,167.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accrued expenses. Beg. Of year amount: 2,030. End of year amount: 2,450.

Raw XML Appendix166 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMES D SPRY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
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IRS990EZ/PrimaryExemptPurposeTxt0THE LORALEE FOUNDATION OFFERS EQUINE THERAPY AND SEEKS OUT CHARITABLE PEOPLE AND ORGANIZATIONS WHO WISH TO MAKE A DIFFERENCE IN THEIR COMMUNITIES AND PROVIDES THEM WITH ACCESS TO THE FOUNDATION RANCH AT NO COST.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DEPRECIATION. AMOUNT: 5,030. DESCRIPTION: OTHER EXPENSES. AMOUNT: 3,777. TOTAL TO FORM 990-EZ, LINE 14: 8,807.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: TRAVEL AND MEETINGS. AMOUNT: 489. DESCRIPTION: INSURANCE. AMOUNT: 4,073. DESCRIPTION: RANCH EXPENSES. AMOUNT: 24,646. DESCRIPTION: SUPPLIES. AMOUNT: 8,706. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 2,155. TOTAL TO FORM 990-EZ, LINE 16: 40,069.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 58,294. END OF YEAR AMOUNT: 25,167.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 2,030. END OF YEAR AMOUNT: 2,450.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES D SPRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05122638383
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LORALEE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LORA
ReturnHeader/Filer/EIN0453036156
ReturnHeader/Filer/PhoneNum05122638383
ReturnHeader/Filer/USAddress/AddressLine1Txt014409-B FITZHUGH RD
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078736
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0420714325
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RSM US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0811 BARTON SPRINGS ROAD SUITE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078704
ReturnHeader/PreparerPersonGrp/PhoneNum05124760717
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0REBECCA RODRIGUEZ
ReturnHeader/ReturnTs02016-11-15T16:10:35-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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Filings