Civic Intelligence

Thoughtstarter Inc.

990 • Fiscal year 2014 • EIN 46-2523220

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

10440 N Central Expy 800Dallas, TX 75231-2264

(615) 300-4445

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

61st percentile

8.3%

Higher net margin than 61% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

82nd percentile

42%

Faster asset growth than 82% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

83rd percentile

41%

Faster revenue growth than 83% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$78,222

Up $23,200 (+42%) from 2013

Net Assets

$78,222

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2013

Revenue

Up

$281,000

Up $81,000 (+41%) from 2013

Expenses

Up

$257,800

Up $112,822 (+78%) from 2013

Net Income

Down

$23,200

Down $31,822 (-58%) from 2013

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2013: $55,022Liabilities 2013: $02013Assets 2014: $78,222Liabilities 2014: $0Net Assets 2014: $78,2222014Assets 2015: $53,128Liabilities 2015: $0Net Assets 2015: $53,1282015Assets 2023: $5,421Liabilities 2023: $2,914Net Assets 2023: $2,5072023

Highlighted filing

2014

Assets$78,222
Liabilities$0
Net Assets$78,222

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2013: $200,000Expenses 2013: $144,978Net Income 2013: $55,0222013Revenue 2014: $281,000Expenses 2014: $257,800Net Income 2014: $23,2002014Revenue 2015: $177,500Expenses 2015: $202,594Net Income 2015: -$25,0942015Revenue 2023: $56,207Expenses 2023: $53,700Net Income 2023: $2,5072023

Highlighted filing

2014

Revenue$281,000
Expenses$257,800
Net Income$23,200
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$281,000
Mission and Program Overview

Mission

Thoughtstarter is a religious non-profit educational institute whose mission is to creatively educate and inspire people toward a conservative and biblical worldview. Thoughtstarters mission is to creatively educate and inspire people toward conservative and biblical ideals. Informing and inspiring hearts and minds is the goal. Thoughtstarters inaugural project is a website called collegeprepamerica. Thoughtstarter does not participate in campaign activity for or against political candidates and receives no aid from any level of government. It relies on the financial support of its donors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$55,022$78,222▲ $23,200
Total Assets$55,022$78,222▲ $23,200
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$55,022$78,222▲ $23,200
Total Net Assets Fund Balance$55,022$78,222▲ $23,200
Total Liabilities and Net Assets / Fund Balance$55,022$78,222▲ $23,200
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff BordersPresident/tr
Daniel MoranDirector
Jere D PewittDirector
Gayla BordersV.p./secreta
Revenue and Support

Revenue Composition

Contributions and Grants
$281,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$281,000
Change in Net Assets
$23,200
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$247,257
Total Fundraising Expense$19,818
Salaries, Compensation, and Employee Benefits$10,543
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$212,200$200-$212,400
Advertising$588$10,611$19,818$31,017
Payroll Taxes-$10,543-$10,543
Fees for Services Accounting-$2,990-$2,990
Office Expenses$850--$850
Total Functional Expenses$213,638$24,344$19,818$257,800
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
No
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

Jeff borders gayla borders pres/treas vp/sec husband and wife

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

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 12C

As declared in bylaws, article nine: any director, officer, or key employee who has an interest in a contract, salary negotiation, or other transaction presented to the board of directors or a committee thereof for authorization, approval, or ratification shall make a prompt and full disclosure of his interest to the board of directors or committee prior to its acting on such contract or transaction. Such disclosure shall include any relevant and material facts known to such person about the contract or transaction which might reasonably be construed to be adverse to the corporation's interest. The body to which such disclosure is made shall thereupon determine, by a vote of seventy-five (75%) of the votes entitled to vote, whether the disclosure shows that a conflict of interest exists or can reasonably be construed to exist. If a conflict is deemed to exist, such person shall not vote on, nor exert his personal influence regarding, nor participate in (other than to present factual information or to respond to questions) the discussions or deliberations with respect to such contract or transaction. Such person may be counted in determining whether a quorum is present but may not be counted when the board of directors or a committee of the board takes action on the transaction. The minutes of the meeting shall reflect the disclosure made, the vote thereon, the abstention from voting and participation (where applicable), and whether a quorum was present.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Thoughtstarter Inc
EIN
46-2523220
Phone
6153004445
Address
10440 N CENTRAL EXPY 800, DALLAS, TX 75231-2264

Signing Officer

Name
Jeff Borders
Title
President
Phone
6153004445
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Borders
Formed
2013
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
0
Employees
0

Preparer

Firm
Guinn Smith & Co Inc
Address
2408 TEXAS DR, IRVING, TX 75062-7012
Preparer
Donald E Guinn
Phone
9722557120
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Thoughtstarter is a religious non-profit educational institute whose mission is to creatively educate and inspire people toward a conservative and biblical worldview. Thoughtstarters mission is to creatively educate and inspire people toward conservative and biblical ideals. Informing and inspiring hearts and minds is the goal. Thoughtstarters inaugural project is a website called collegeprepamerica. Thoughtstarter does not participate in campaign activity for or against political candidates and receives no aid from any level of government. It relies on the financial support of its donors.

Form 990, Part IX, Line 11G

Bank fees 0 200 0 educational content 212,200 0 0

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THOUGHTSTARTER IS A RELIGIOUS NON-PROFIT EDUCATIONAL INSTITUTE WHOSE MISSION IS TO CREATIVELY EDUCATE AND INSPIRE PEOPLE TOWARD A CONSERVATIVE AND BIBLICAL WORLDVIEW. THOUGHTSTARTERS MISSION IS TO CREATIVELY EDUCATE AND INSPIRE PEOPLE TOWARD CONSERVATIVE AND BIBLICAL IDEALS. INFORMING AND INSPIRING HEARTS AND MINDS IS THE GOAL. THOUGHTSTARTERS INAUGURAL PROJECT IS A WEBSITE CALLED COLLEGEPREPAMERICA. THOUGHTSTARTER DOES NOT PARTICIPATE IN CAMPAIGN ACTIVITY FOR OR AGAINST POLITICAL CANDIDATES AND RECEIVES NO AID FROM ANY LEVEL OF GOVERNMENT. IT RELIES ON THE FINANCIAL SUPPORT OF ITS DONORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JEFF BORDERS GAYLA BORDERS PRES/TREAS VP/SEC HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS DECLARED IN BYLAWS, ARTICLE NINE: ANY DIRECTOR, OFFICER, OR KEY EMPLOYEE WHO HAS AN INTEREST IN A CONTRACT, SALARY NEGOTIATION, OR OTHER TRANSACTION PRESENTED TO THE BOARD OF DIRECTORS OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL, OR RATIFICATION SHALL MAKE A PROMPT AND FULL DISCLOSURE OF HIS INTEREST TO THE BOARD OF DIRECTORS OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. SUCH DISCLOSURE SHALL INCLUDE ANY RELEVANT AND MATERIAL FACTS KNOWN TO SUCH PERSON ABOUT THE CONTRACT OR TRANSACTION WHICH MIGHT REASONABLY BE CONSTRUED TO BE ADVERSE TO THE CORPORATION'S INTEREST. THE BODY TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, BY A VOTE OF SEVENTY-FIVE (75%) OF THE VOTES ENTITLED TO VOTE, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN REASONABLY BE CONSTRUED TO EXIST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR EXERT HIS PERSONAL INFLUENCE REGARDING, NOR PARTICIPATE IN (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) THE DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. SUCH PERSON MAY BE COUNTED IN DETERMINING WHETHER A QUORUM IS PRESENT BUT MAY NOT BE COUNTED WHEN THE BOARD OF DIRECTORS OR A COMMITTEE OF THE BOARD TAKES ACTION ON THE TRANSACTION. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON, THE ABSTENTION FROM VOTING AND PARTICIPATION (WHERE APPLICABLE), AND WHETHER A QUORUM WAS PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANK FEES 0 200 0 EDUCATIONAL CONTENT 212,200 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02408 TEXAS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0IRVING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0750627012
ReturnHeader/PreparerPersonGrp/PhoneNum09722557120
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONALD E GUINN
ReturnHeader/ReturnTs02015-11-13T10:49:18-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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