Civic Intelligence

Texas Panhandle Independent Futures Foundation

990 • Fiscal year 2016 • EIN 45-3660984

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 07, 2017

PO Box 1233Amarillo, TX 79105

(806) 376-4521

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

11th percentile

-27%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

31st percentile

-3.2%

Faster asset growth than 31% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$748,529

Down $24,559 (-3.2%) from 2015

Net Assets

Down

$748,529

Down $24,559 (-3.2%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$104,341

Down $94,777 (-48%) from 2015

Expenses

Down

$132,781

Down $18,274 (-12%) from 2015

Net Income

Down

-$28,440

Down $76,503 (-159%) from 2015

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: $22,718Net Assets 2012: $22,7182012Assets 2013: $229,130Liabilities 2013: $0Net Assets 2013: $229,1302013Assets 2014: $719,308Liabilities 2014: $0Net Assets 2014: $719,3082014Assets 2015: $773,088Liabilities 2015: $0Net Assets 2015: $773,0882015Assets 2016: $748,529Liabilities 2016: $0Net Assets 2016: $748,5292016Assets 2017: $940,503Liabilities 2017: $0Net Assets 2017: $940,5032017Assets 2018: $1,033,260Liabilities 2018: $0Net Assets 2018: $1,033,2602018Assets 2019: $941,610Liabilities 2019: $0Net Assets 2019: $941,6102019Assets 2020: $838,127Liabilities 2020: $0Net Assets 2020: $838,1272020Assets 2021: $677,107Liabilities 2021: $50,899Net Assets 2021: $626,2082021Assets 2022: $555,168Liabilities 2022: $0Net Assets 2022: $555,1682022Assets 2023: $1,986,343Liabilities 2023: $813,567Net Assets 2023: $1,172,7762023Assets 2024: $1,104,662Liabilities 2024: $103,567Net Assets 2024: $1,001,0952024

Highlighted filing

2016

Assets$748,529
Liabilities$0
Net Assets$748,529

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2012: $149,132Expenses 2012: $126,414Net Income 2012: $22,7182012Revenue 2013: $367,220Expenses 2013: $160,808Net Income 2013: $206,4122013Revenue 2014: $648,220Expenses 2014: $158,042Net Income 2014: $490,1782014Revenue 2015: $199,118Expenses 2015: $151,055Net Income 2015: $48,0632015Revenue 2016: $104,341Expenses 2016: $132,781Net Income 2016: -$28,4402016Revenue 2017: $296,564Expenses 2017: $131,745Net Income 2017: $164,8192017Revenue 2018: $249,984Expenses 2018: $150,111Net Income 2018: $99,8732018Revenue 2019: $43,341Expenses 2019: $147,836Net Income 2019: -$104,4952019Revenue 2020: $293,957Expenses 2020: $132,828Net Income 2020: $161,1292020Revenue 2021: $8,014Expenses 2021: $219,933Net Income 2021: -$211,9192021Revenue 2022: $71,870Expenses 2022: $142,910Net Income 2022: -$71,0402022Revenue 2023: $784,867Expenses 2023: $167,259Net Income 2023: $617,6082023Revenue 2024: -$7,798Expenses 2024: $163,883Net Income 2024: -$171,6812024

Highlighted filing

2016

Revenue$104,341
Expenses$132,781
Net Income-$28,440
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$144,789
Mission and Program Overview

Mission

To provide adults with physical disabilities housing and empower them to lead independent, meaningful lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$358,611$343,305▼ $15,306
Investments Other Securities$372,101$331,182▼ $40,919
Other Notes and Loans Receivable, Net-$63,000-
Cash and Non-Interest-Bearing Accounts$42,376$11,042▼ $31,334
Total Assets$773,088$748,529▼ $24,559
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$773,088$748,529▼ $24,559
Total Net Assets Fund Balance$773,088$748,529▼ $24,559
Total Liabilities and Net Assets / Fund Balance$773,088$748,529▼ $24,559

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$316,831$27,763$344,594
Equipment$3,974$19,026$23,000
Land$22,500-$22,500
Other Securities$-3,567--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ken KelleyPresident
Ali AllisonBoard Member
Betsy KelleyBoard Member
Harvey RicheyBoard Member
James AbbottBoard Member
Michele KaufmanBoard Member
Nancy SeligerBoard Member
Rodney WeaverBoard Member
Steve DalrympleBoard Member
Pam SimpsonSecretary
Jerry GrahamTreasurer
Wes KnappVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$38,964
Program Service Revenue
$15,850
Investment Income
$5
Other Revenue
$49,522
All Other Contributions
$11,361
Change in Net Assets
$-28,440
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$61,728
Other Expenses$46,703
Grants and Similar Amounts Paid$24,350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,728--$61,728
Grants to Domestic Individuals$24,350--$24,350
Depreciation Depletion$15,306--$15,306
Occupancy$9,354--$9,354
Fees for Services Legal$2,700--$2,700
Other Expenses$122--$122
Total Functional Expenses$132,781$0$0$132,781
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$40,448
Fundraising Gross Income$29,770
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fajita Festival$57,373$29,770$15,878$13,892
Total Events$57,373$29,770$40,448$-10,678
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 2

Gtm manufacturing gtm manufacturing ceo cfo employer-employee ken kelley betsy kelley father-daughter in-law

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

Board reviews 990 and support schedules prior to issuance

Form 990, Page 6, Part VI, Line 19

Governing documents and policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Texas Panhandle Independent Futures
EIN
45-3660984
Phone
8063764521
Address
PO BOX 1233, AMARILLO, TX 79105

Signing Officer

Name
Ken Kelley
Title
President
Phone
8063764521
Signed
2017-11-07

Organization Details

Principal Officer
Ken Kelley
Formed
2011
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
7
Employees
0
Volunteers
40

Preparer

Firm
Wilson Haag & Co Pc
Address
418 S POLK ST STE 200, AMARILLO, TX 79101-1430
Preparer
Truitt V Hayes CPA
Phone
8063723331
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt015850
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt014950
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt016440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01801
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt059291
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt029770
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt072641
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt062322
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0164733
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt019
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt059200
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt026823
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt086023
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0735087
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0550000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0301500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0110500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0987000
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt084584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0171285
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0767725
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0549361
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0149132
IRS990ScheduleA/Total509Grp/TotalAmt01722087
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0143789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0198118
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0767729
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0549361
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0149132
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01808129
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt03974
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019026
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023000
IRS990ScheduleD/LandGrp/BookValueAmt022500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt022500
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0316831
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt027763
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0344594
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0334749
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1-3567
IRS990ScheduleD/OtherSecuritiesGrp/Desc0NPE-CAPITAL
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT OTHER
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0343305
IRS990ScheduleD/TotalBookValueSecuritiesAmt0331182
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt027603
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt027603
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt040448
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01800
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01800
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FAJITA FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt057373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt057373
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt029770
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029770
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10678
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt022770
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt022770
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015878
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015878
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt024350
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0HOUSING
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0RENT ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0RELATED TO PROGRAM
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt06000
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0JUSTIN BRAGG
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0STEP-SON OF PRES.
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0RENT ASSISTANCE
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0GTM MANUFACTURING GTM MANUFACTURING CEO CFO EMPLOYER-EMPLOYEE KEN KELLEY BETSY KELLEY FATHER-DAUGHTER IN-LAW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS 990 AND SUPPORT SCHEDULES PRIOR TO ISSUANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0INDEPENDENT FUTURES HOUSING LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0X
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt02100 SPRUCE ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0AMARILLO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd079103
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/AllPartnersC3SInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine1Txt0ELP YIELD 1 LLC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/BusinessName/BusinessNameLine2Txt0ELP YIELD 1 LLC
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/EIN0472342107
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd0false
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0MN
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/OwnershipPct00.20000
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PredominateIncomeDesc0RENTAL
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0RENTAL
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt021960 MINNETONKA BLVD STE 210
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/AddressLine2Txt021960 MINNETONKA BLVD STE 210
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/CityNm0EXCELSIOR
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/UnrelatedOrgTxblPartnershipGrp/USAddress/ZIPCd055331
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.10$1.00$0.01$0.16$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.81$1.17$0.78$0.17$0.62
2022Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.07$0.14$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.68$0.05$0.63$0.01$0.22$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.00$0.84$0.29$0.13$0.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.94$0.04$0.15$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.00$1.03$0.25$0.15$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.94$0.30$0.13$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.10$0.13$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.20$0.15$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.00$0.72$0.65$0.16$0.49
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.00$0.23$0.37$0.16$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.02$0.02$0.15$0.13$0.02