Civic Intelligence

Life School Education Foundation

990EZ • Fiscal year 2019 • EIN 46-1224531

Sep 01, 2018 to Aug 31, 2019 • Filed on Apr 06, 2020

Organization ProfileN/A
132 East Ovilla Road Suite ARed Oak, TX 75154

(469) 850-5433

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

5th percentile

-103%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

6th percentile

-64%

Faster asset growth than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$96,732

Down $170,745 (-64%) from 2018

Net Assets

Down

$96,482

Down $170,485 (-64%) from 2018

Liabilities

Down

$250

Down $260 (-51%) from 2018

Revenue And Expenses
Liabilities / Revenue62nd percentileNet Margin5th percentile

Revenue

Down

$43,964

Down $10,923 (-20%) from 2018

Expenses

Up

$89,449

Up $74,558 (+501%) from 2018

Net Income

Down

-$45,485

Down $85,481 (-214%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$300K$200K$100K$0Assets 2016: $236,504Net Assets 2016: $236,5042016Assets 2017: $229,531Liabilities 2017: $2,560Net Assets 2017: $226,9712017Assets 2018: $267,477Liabilities 2018: $510Net Assets 2018: $266,9672018Assets 2019: $96,732Liabilities 2019: $250Net Assets 2019: $96,4822019Assets 2020: $120,288Net Assets 2020: $120,2882020Assets 2021: $149,699Liabilities 2021: $125Net Assets 2021: $149,5742021Assets 2022: $233,347Liabilities 2022: $125Net Assets 2022: $233,2222022Assets 2023: $225,449Net Assets 2023: $225,4492023Assets 2024: $279,172Liabilities 2024: $1,680Net Assets 2024: $277,4922024

Highlighted filing

2019

Assets$96,732
Liabilities$250
Net Assets$96,482
Open 2019 Filing

Operations Trend

Revenue Growth24th percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $32,419Expenses 2016: $18,850Net Income 2016: $13,5692016Revenue 2017: $18,634Expenses 2017: $28,167Net Income 2017: -$9,5332017Revenue 2018: $54,887Expenses 2018: $14,891Net Income 2018: $39,9962018Revenue 2019: $43,964Expenses 2019: $89,449Net Income 2019: -$45,4852019Revenue 2020: $39,330Expenses 2020: $15,524Net Income 2020: $23,8062020Revenue 2021: $53,042Expenses 2021: $23,904Net Income 2021: $29,1382021Revenue 2022: $111,032Expenses 2022: $26,042Net Income 2022: $84,9902022Revenue 2023: $81,093Expenses 2023: $89,831Net Income 2023: -$8,7382023Revenue 2024: $92,900Expenses 2024: $44,218Net Income 2024: $48,6822024

Highlighted filing

2019

Revenue$43,964
Expenses$89,449
Net Income-$45,485
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2018 to Aug 31, 2019
Signed
Apr 6, 2020
Return Version
2018v3.1
Gross Receipts
$91,599
Mission and Program Overview

Mission

To provide support for the programs and students of LifeSchool, a nonprofit charter school.

Program Services

DescriptionGrantsExpenses
Provide support for the programs and students of LifeSchool, a nonprofit charter school.$84,928$6,900
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brent WilsonPresident-$0--
Scott FullerSecretary-$0--
Megan BeckTreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$39,860$39,860$16,213$23,647
Clay Shoot$22,067$22,067$6,474$15,593
Total Events$61,927$61,927$47,635$14,292
Filing and Contact Details

Filer

Filer Name
Life School Education Foundation
EIN
46-1224531
Phone
4698505433
Address
132 East Ovilla Road Suite A, Red Oak, TX 75154

Signing Officer

Name
Megan Beck
Title
Treasurer
Signed
2020-04-06
Discuss with paid preparer
Yes

Preparer

Firm
Hankins Eastup Deaton Tonn & Seay
Address
902 N LOCUST ST, DENTON, TX 76201
Preparer
Dan Tonn
Phone
9403878563
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Leadership program supplies $72850”

Other Expenses.2

“MEALS $5024”

Other Expenses.3

“GENERAL SUPPLIES $1081”

Other Expenses.4

“Event giveaway items $600”

Other Expenses.5

“BANK FEES $150”

Other Expenses.6

“MISCELLANEOUS $117”

Other Expenses.7

“Membership Dues $55”

Other Expenses.8

“PROMOTIONAL MEDIA $37”

Other Assets.1006

“Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $7352”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $510 Accounts Payable and Accrued Expenses - Ending $250”

Raw XML Appendix178 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/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OtherChangesInNetAssetsAmt0-125000
IRS990EZ/OtherExpensesTotalAmt079914
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt047635
IRS990EZ/SpecialEventsNetIncomeLossAmt014292
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0510
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IRS990EZ/TanningServicesProvidedInd0false
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IRS990EZ/TotalRevenueAmt043964
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Current Year Facts and Circumstances: LIFE SCHOOL EDUCATION FOUNDATION WAS FIRST FUNDED IN 2014. FROM 2016 TO 2018 PUBLIC SUPPORT HAS CONTINUED TO INCREASED THROUGH THE PROMOTION OF THE FOUNDATION.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt027808
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportTotal170Amt063760
IRS990ScheduleA/SubstantialContributorsTotAmt069841
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LEADERSHIP PROGRAM SUPPLIES $72850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEALS $5024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GENERAL SUPPLIES $1081
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EVENT GIVEAWAY ITEMS $600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK FEES $150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MISCELLANEOUS $117
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Membership Dues $55
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PROMOTIONAL MEDIA $37
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Pledges and Grants Receivable - Beginning $0 Pledges and Grants Receivable - Ending $7352
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Payable and Accrued Expenses - Beginning $510 Accounts Payable and Accrued Expenses - Ending $250
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Assets.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Total Liabilities.1001
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Megan Beck
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-04-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Life School Education Foundation
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0461224531
ReturnHeader/Filer/PhoneNum04698505433
ReturnHeader/Filer/USAddress/AddressLine1Txt0132 East Ovilla Road Suite A
ReturnHeader/Filer/USAddress/CityNm0Red Oak
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075154
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751333383
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HANKINS EASTUP DEATON TONN & SEAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0902 N LOCUST ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd076201
ReturnHeader/PreparerPersonGrp/PhoneNum09403878563
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Dan Tonn
ReturnHeader/ReturnTs02020-04-06T14:24:14-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-09-01
ReturnHeader/TaxPeriodEndDt02019-08-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,732
Liabilities
$250
Net assets
$96,482
Revenue
$43,964
Expenses
$89,449
Net income
-$45,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.79$0.02$2.77$0.93$0.44$0.49
2023Detailed filing. Detailed filing data is available for this year.$2.25$2.25$0.81$0.90$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.33$0.00$2.33$1.11$0.26$0.85
2021Detailed filing. Detailed filing data is available for this year.$1.50$0.00$1.50$0.53$0.24$0.29
2020Detailed filing. Detailed filing data is available for this year.$1.20$1.20$0.39$0.16$0.24
2019Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.96$0.44$0.89$0.45
2018Detailed filing. Detailed filing data is available for this year.$2.67$0.01$2.67$0.55$0.15$0.40
2017Detailed filing. Detailed filing data is available for this year.$2.30$0.03$2.27$0.19$0.28$0.10
2016Detailed filing. Detailed filing data is available for this year.$2.37$2.37$0.32$0.19$0.14