Civic Intelligence

Turtle Wing Foundation

990 • Fiscal year 2021 • EIN 45-3822942

Sep 01, 2020 to Aug 31, 2021 • Filed on Jun 23, 2022

PO Box 631Schulenburg, TX 78956

(979) 505-5090

Siviq Scores

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

Liabilities / Assets

87th percentile

0.36x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.21x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

29th percentile

-5.1%

Higher net margin than 29% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

56th percentile

9.9%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

37%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$184,261

Up $16,593 (+9.9%) from 2020

Net Assets

Down

$117,845

Down $16,092 (-12%) from 2020

Liabilities

Up

$66,416

Up $32,685 (+97%) from 2020

Revenue

Up

$312,748

Up $84,714 (+37%) from 2020

Expenses

Up

$328,840

Up $123,153 (+60%) from 2020

Net Income

Down

-$16,092

Down $38,439 (-172%) from 2020

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: $47,862Liabilities 2012: $0Net Assets 2012: $47,8622012Assets 2013: $73,111Liabilities 2013: $0Net Assets 2013: $73,1112013Assets 2014: $80,475Liabilities 2014: $02014Assets 2015: $88,197Liabilities 2015: $0Net Assets 2015: $88,1972015Assets 2016: $134,649Liabilities 2016: $0Net Assets 2016: $134,6492016Assets 2017: $106,526Liabilities 2017: $0Net Assets 2017: $106,5262017Assets 2018: $111,296Net Assets 2018: $111,2962018Assets 2019: $167,668Liabilities 2019: $33,731Net Assets 2019: $133,9372019Assets 2020: $167,668Liabilities 2020: $33,731Net Assets 2020: $133,9372020Assets 2021: $184,261Liabilities 2021: $66,416Net Assets 2021: $117,8452021Assets 2022: $239,250Liabilities 2022: $66,298Net Assets 2022: $172,9522022Assets 2023: $328,629Liabilities 2023: $93,898Net Assets 2023: $234,7312023Assets 2024: $364,888Liabilities 2024: $100,759Net Assets 2024: $264,1292024

Highlighted filing

2021

Assets$184,261
Liabilities$66,416
Net Assets$117,845

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $56,458Expenses 2012: $12,094Net Income 2012: $44,3642012Revenue 2013: $71,020Expenses 2013: $45,771Net Income 2013: $25,2492013Revenue 2014: $58,525Expenses 2014: $51,161Net Income 2014: $7,3642014Revenue 2015: $100,680Expenses 2015: $96,085Net Income 2015: $4,5952015Revenue 2016: $172,592Expenses 2016: $126,140Net Income 2016: $46,4522016Revenue 2017: $122,727Expenses 2017: $150,850Net Income 2017: -$28,1232017Revenue 2018: $154,326Expenses 2018: $149,556Net Income 2018: $4,7702018Revenue 2019: $228,034Expenses 2019: $205,687Net Income 2019: $22,3472019Revenue 2020: $228,034Expenses 2020: $205,687Net Income 2020: $22,3472020Revenue 2021: $312,748Expenses 2021: $328,840Net Income 2021: -$16,0922021Revenue 2022: $418,907Expenses 2022: $363,800Net Income 2022: $55,1072022Revenue 2023: $375,891Expenses 2023: $314,112Net Income 2023: $61,7792023Revenue 2024: $410,864Expenses 2024: $381,466Net Income 2024: $29,3982024

Highlighted filing

2021

Revenue$312,748
Expenses$328,840
Net Income-$16,092
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jun 23, 2022
Return Version
2020v4.1
Gross Receipts
$353,838
Mission and Program Overview

Mission

Helping children with learning challenges in rural areas achieve their full pontential

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$125,689$134,111▲ $8,422
Cash and Non-Interest-Bearing Accounts$41,129$49,923▲ $8,794
Accounts Receivable$850--
Total Assets$167,668$184,261▲ $16,593
Other Assets Total-$227-
Liabilities
Unsecured Notes Loans Payable$27,559$53,545▲ $25,986
Accounts Payable and Accrued Expenses$6,172$12,871▲ $6,699
Total Liabilities$33,731$66,416▲ $32,685
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$133,937$117,845▼ $16,092
Total Net Assets Fund Balance$133,937$117,845▼ $16,092
Total Liabilities and Net Assets / Fund Balance$167,668$184,261▲ $16,593
Compensation and Service Providers

Board Members and Trustees

NameTitle
DeeAnn HooperPresident
Shannon McBrideAdvisory Board Committee
Stacy OedingChaplain/Parliamentarian
Becca EdmistonPrograms Committee
Kim WellbornSecretary
Gigi MarburgerSpecial Projects Committee
Kyle JandaTreasurer
Darla KubalaVP-Fundraising
Kari TumisVP-Volunteers
Revenue and Support

Revenue Composition

Contributions and Grants
$197,011
Program Service Revenue
$0
Investment Income
$17,910
Other Revenue
$97,827
All Other Contributions
$197,011
Change in Net Assets
$-16,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$275,399
Salaries, Compensation, and Employee Benefits$53,441
Total Fundraising Expense$13,166
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$49,785$0$49,785
Advertising$4,104$4,105$4,104$12,313
Office Expenses$3,682$3,682$3,682$11,046
Occupancy$3,661$3,662$3,661$10,984
Conferences and Meetings$1,719$1,720$1,719$5,158
Payroll Taxes$0$3,656$0$3,656
Insurance$2,994$0$0$2,994
Travel$1,256$0$0$1,256
Other Expenses$0$795$0$795
Total Functional Expenses$248,269$67,405$13,166$328,840
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$128,425
Fundraising Direct Expenses$37,222
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraiser$90,665$90,665$14,292$76,373
Fundraiser$25,086$25,086$2,593$22,493
Total Events$128,426$128,426$37,222$91,204
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
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Turtle Wing Foundation
EIN
45-3822942
Phone
9795055090
Address
PO Box 631, Schulenburg, TX 78956

Signing Officer

Name
Deeann Hooper
Title
President
Phone
9795055090
Signed
2022-06-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deeann Hooper
Formed
2012
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
55

Preparer

Firm
Sheila D Novaknovak & Co
Address
720 LYONS AVENUE, SCHULENBURG, TX 78956
Preparer
Sheila D Novak
Phone
9797433213
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

All members are provided a copy of Form 990 for review prior to it being filed.

Pt VI, Line 12C

Members must at least annually submit disclosure of any conflict of interests by filing reports of such conflict to the appropriate person.

Pt VI, Line 15A

The compensation of Executive Director and other top management officials is set by the board of directors after consultation with the budget committee.

Pt VI, Line 15B

The compensation of other officers and key employees is determined by the board of directors after consultation with the budget committee.

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IRS990ScheduleA/PublicSupportTotal170Amt0832866
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0245095
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0197160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0172308
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0109359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0108944
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0832866
IRS990ScheduleA/TotalSupportAmt0853903
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt037222
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Fundraiser
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Fundraiser
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt017605
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt017605
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt025086
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt090665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt012675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0128426
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt025086
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt090665
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt012675
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0128426
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt091204
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02732
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019617
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02593
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt014292
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All members are provided a copy of Form 990 for review prior to it being filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members must at least annually submit disclosure of any conflict of interests by filing reports of such conflict to the appropriate person.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The compensation of Executive Director and other top management officials is set by the board of directors after consultation with the budget committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The compensation of other officers and key employees is determined by the board of directors after consultation with the budget committee.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0167668
IRS990/TotalAssetsEOYAmt0184261
IRS990/TotalAssetsGrp/BOYAmt0167668
IRS990/TotalAssetsGrp/EOYAmt0184261
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0197011
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013166
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt067405
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0248269
IRS990/TotalFunctionalExpensesGrp/TotalAmt0328840
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt033731
IRS990/TotalLiabilitiesEOYAmt066416
IRS990/TotalLiabilitiesGrp/BOYAmt033731
IRS990/TotalLiabilitiesGrp/EOYAmt066416
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0133937
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0117845
IRS990/TotalProgramServiceExpensesAmt0248269
IRS990/TotalRevenueGrp/ExclusionAmt091203
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt024534
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0312748
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt055
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0167668
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0184261
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt01256
IRS990/TravelGrp/TotalAmt01256
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt027559
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt053545
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 631
IRS990/USAddress/CityNm0Schulenburg
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078956
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0turtlewingfoundation.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEEANN HOOPER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09795055090
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Turtle Wing Foundation

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.65$1.01$2.64$4.11$3.81$0.29
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.29$0.94$2.35$3.76$3.14$0.62
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$0.66$1.73$4.19$3.64$0.55
2021Detailed filing. Detailed filing data is available for this year.$1.84$0.66$1.18$3.13$3.29$0.16
2020Summary only. Only limited summary data is available for this year.$1.68$0.34$1.34$2.28$2.06$0.22
2019Summary only. Only limited summary data is available for this year.$1.68$0.34$1.34$2.28$2.06$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$1.11$1.54$1.50$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$1.23$1.51$0.28
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.35$0.00$1.35$1.73$1.26$0.46
2015Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.01$0.96$0.05
2014Summary only. Only limited summary data is available for this year.$0.80$0.00$0.59$0.51$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.71$0.46$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.00$0.48$0.56$0.12$0.44