Civic Intelligence

Fueled Schools Inc.

990 • Fiscal year 2017 • EIN 46-0589677

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 01, 2018

3000 Richmond Avenue No 340Houston, TX 77098

(346) 204-5451

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

28th percentile

0.02x

Higher debt load relative to revenue than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

70th percentile

13%

Higher net margin than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$98,371

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$1,028,086

Up $520,750 (+103%) from 2015

Net Assets

Up

$1,006,348

Up $502,489 (+100%) from 2015

Liabilities

Up

$21,738

Up $18,261 (+525%) from 2015

Revenue

Up

$888,526

Up $360,623 (+68%) from 2015

Expenses

Up

$773,488

Up $357,850 (+86%) from 2015

Net Income

Up

$115,038

Up $2,773 (+2.5%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2014: $137,445Liabilities 2014: $0Net Assets 2014: $137,4452014Assets 2015: $507,336Liabilities 2015: $3,477Net Assets 2015: $503,8592015Assets 2017: $1,028,086Liabilities 2017: $21,738Net Assets 2017: $1,006,3482017Assets 2018: $975,130Liabilities 2018: $73,821Net Assets 2018: $901,3092018Assets 2019: $1,280,532Liabilities 2019: $56,418Net Assets 2019: $1,224,1142019Assets 2021: $1,418,156Liabilities 2021: $228,678Net Assets 2021: $1,189,4782021Assets 2022: $2,290,207Liabilities 2022: $380,817Net Assets 2022: $1,909,3902022Assets 2023: $1,696,103Liabilities 2023: $389,620Net Assets 2023: $1,306,4832023Assets 2024: $552,356Liabilities 2024: $368,628Net Assets 2024: $183,7282024

Highlighted filing

2017

Assets$1,028,086
Liabilities$21,738
Net Assets$1,006,348

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2014: $318,022Expenses 2014: $190,845Net Income 2014: $127,1772014Revenue 2015: $527,903Expenses 2015: $415,638Net Income 2015: $112,2652015Revenue 2017: $888,526Expenses 2017: $773,488Net Income 2017: $115,0382017Revenue 2018: $845,805Expenses 2018: $950,844Net Income 2018: -$105,0392018Revenue 2019: $1,505,713Expenses 2019: $1,182,908Net Income 2019: $322,8052019Revenue 2021: $1,394,896Expenses 2021: $1,173,634Net Income 2021: $221,2622021Revenue 2022: $2,249,381Expenses 2022: $1,529,469Net Income 2022: $719,9122022Revenue 2023: $1,228,022Expenses 2023: $1,830,929Net Income 2023: -$602,9072023Revenue 2024: $498,686Expenses 2024: $1,621,441Net Income 2024: -$1,122,7552024

Highlighted filing

2017

Revenue$888,526
Expenses$773,488
Net Income$115,038
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 1, 2018
Return Version
2017v2.3
Gross Receipts
$888,526
Mission and Program Overview

Mission

To improve student outcomes by developing social and emotional competencies of educators.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$236,180$665,435▲ $429,255
Pledges and Grants Receivable$390,416$312,963▼ $77,453
Savings and Temporary Cash Investments$270,158$24,174▼ $245,984
Prepaid Expenses and Deferred Charges$23,858$23,369▼ $489
Total Assets$922,757$1,028,086▲ $105,329
Other Assets Total$2,145$2,145→ $0
Liabilities
Deferred Revenue$23,734$0▼ $23,734
Accounts Payable and Accrued Expenses$7,713$21,738▲ $14,025
Total Liabilities$31,447$21,738▼ $9,709
Net Assets / Fund Balance
Unrestricted Net Assets$433,442$728,848▲ $295,406
Temporarily Rstr Net Assets$457,868$277,500▼ $180,368
Total Net Assets Fund Balance$891,310$1,006,348▲ $115,038
Total Liabilities and Net Assets / Fund Balance$922,757$1,028,086▲ $105,329
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Megan MarcusCEO, Founder, PresidentFT$98,371$98,371

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$358,026
Program Service Revenue
$529,224
Investment Income
$276
Other Revenue
$1,000
All Other Contributions
$358,026
Change in Net Assets
$115,038

Audited Revenue Reconciliation

Revenue per Audited Statements
$888,526
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$350
Total Revenue per Audited Statements
$888,876
Total Revenue per Form 990
$888,526
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$401,454
Other Expenses$372,034
Total Fundraising Expense$65,715
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$234,562$11,111$11,111$256,784
Other Salaries and Wages$193,691$23,812$23,812$241,315
Current Officers, Directors, Trustees, and Key Employees$78,697$9,837$9,837$98,371
Payroll Taxes$31,412$3,927$3,927$39,266
Occupancy$21,328$2,666$2,666$26,660
Other Employee Benefits$18,076$2,213$2,213$22,502
Travel$8,586$11,279-$19,865
Office Expenses$11,457$2,175$816$14,448
Advertising$3,635-$10,009$13,644
Fees for Services Accounting$7,643$955$955$9,553
Insurance$2,951$1,431$369$4,751
All Other Expenses$878$519-$1,397
Other Expenses$323$789-$1,112
Total Functional Expenses$627,864$79,909$65,715$773,488

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$773,838
Expenses per Audited Statements$773,488
Total Expenses per Form 990$773,488
Expenses Not Reported on Form 990$350
Expenses Not Reported on Financial Statements$0
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
Audit committee
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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

It will be reviewed and approved with the board finance committee before filing.

Form 990, Part VI, Section B, Line 12C

Board of directors regularly discusses conflict of interest - defining it and raising awareness around any potential conflicts.

Form 990, Part VI, Section B, Line 15

Compensation for the ceo, executive director, or top management official is determined by researching comparable salaries and an annual review by the compensation board committee. Compensation for the other officers or key employees is determined after consultation with the board, and is established by the ceo.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Fueled Schools Inc
EIN
46-0589677
Phone
3462045451
Address
3000 RICHMOND AVENUE NO 340, HOUSTON, TX 77098

Signing Officer

Name
Larry Kramer
Title
CFO
Phone
7819296422
Signed
2018-11-01

Organization Details

Principal Officer
Larry Kramer
Formed
2012
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
4
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Payroll service: program service expenses 12,006. Management and general expenses 1,501. Fundraising expenses 1,501. Total expenses 15,008. Program contractors: program service expenses 76,878. Management and general expenses 9,610. Fundraising expenses 9,610. Total expenses 96,098. Clinical supervision and counselors: program service expenses 145,678. Management and general expenses 0. Fundraising expenses 0. Total expenses 145,678.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxes as a charitable organization under section 501(c)(3) of the internal revenue code and is not classified as a private foundation. The organization accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statement regarding a tax position taken or expected to be taken on a tax return. The organization has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at december 31, 2017. The organization's information returns are subject to examination by the federal and state jurisdictions and generally remain open for the most recent three years.

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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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0111387
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0191600
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01718660
IRS990ScheduleA/TotalSupportAmt01723502
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0350
IRS990ScheduleD/DonatedServicesUseFcltsAmt0350
IRS990ScheduleD/ExpensesNotReportedAmt0350
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0773488
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0350
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0888526
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2017. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0773488
IRS990ScheduleD/TotalRevenuePerForm990Amt0888526
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0888876
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0773838
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IT WILL BE REVIEWED AND APPROVED WITH THE BOARD FINANCE COMMITTEE BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REGULARLY DISCUSSES CONFLICT OF INTEREST - DEFINING IT AND RAISING AWARENESS AROUND ANY POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION FOR THE CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL IS DETERMINED BY RESEARCHING COMPARABLE SALARIES AND AN ANNUAL REVIEW BY THE COMPENSATION BOARD COMMITTEE. COMPENSATION FOR THE OTHER OFFICERS OR KEY EMPLOYEES IS DETERMINED AFTER CONSULTATION WITH THE BOARD, AND IS ESTABLISHED BY THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PAYROLL SERVICE: PROGRAM SERVICE EXPENSES 12,006. MANAGEMENT AND GENERAL EXPENSES 1,501. FUNDRAISING EXPENSES 1,501. TOTAL EXPENSES 15,008. PROGRAM CONTRACTORS: PROGRAM SERVICE EXPENSES 76,878. MANAGEMENT AND GENERAL EXPENSES 9,610. FUNDRAISING EXPENSES 9,610. TOTAL EXPENSES 96,098. CLINICAL SUPERVISION AND COUNSELORS: PROGRAM SERVICE EXPENSES 145,678. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 145,678.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0457868
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0277500
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0922757
IRS990/TotalAssetsEOYAmt01028086
IRS990/TotalAssetsGrp/BOYAmt0922757
IRS990/TotalAssetsGrp/EOYAmt01028086
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0358026
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt065715
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt079909
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0627864
IRS990/TotalFunctionalExpensesGrp/TotalAmt0773488
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031447
IRS990/TotalLiabilitiesEOYAmt021738
IRS990/TotalLiabilitiesGrp/BOYAmt031447
IRS990/TotalLiabilitiesGrp/EOYAmt021738
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0891310
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01006348
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0627864
IRS990/TotalProgramServiceRevenueAmt0529224
IRS990/TotalReportableCompFromOrgAmt098371
IRS990/TotalRevenueGrp/ExclusionAmt0276
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0530224
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0888526
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0922757
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01028086
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt011279
IRS990/TravelGrp/ProgramServicesAmt08586
IRS990/TravelGrp/TotalAmt019865
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0433442
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0728848
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ONE BOSTON PLACE SUITE 2600
IRS990/USAddress/CityNm0BOSTON
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd002108
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.FUELEDSCHOOLS.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0LARRY KRAMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum07819296422
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FUELED SCHOOLS INC
ReturnHeader/Filer/BusinessNameControlTxt0FUEL
ReturnHeader/Filer/EIN0460589677
ReturnHeader/Filer/PhoneNum03462045451
ReturnHeader/Filer/USAddress/AddressLine1Txt03000 RICHMOND AVENUE NO 340
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077098
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06C9B1A35775087DBDB8A6D25ECA509C7F6C27838
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0100.0.200.4
ReturnHeader/FilingSecurityInformation/IPDt02018-11-01
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm020:37:46
ReturnHeader/ReturnTs02018-11-02T09:30:09-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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