Civic Intelligence

West Tx Foundation Inc.

990 • Fiscal year 2013 • EIN 46-2833227

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 02, 2014

510 E Oak StWaco, TX 76691

(254) 826-7550

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

Higher debt load relative to assets than 15% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

15th percentile

0.00x

Higher debt load relative to revenue than 15% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

97th percentile

84%

Higher net margin than 97% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

47th percentile

$40,625

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

$3,677,979

No earlier filing loaded for comparison.

Net Assets

$3,673,740

No earlier filing loaded for comparison.

Liabilities

$4,239

No earlier filing loaded for comparison.

Revenue

$4,354,238

No earlier filing loaded for comparison.

Expenses

$680,498

No earlier filing loaded for comparison.

Net Income

$3,673,740

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $3,677,979Liabilities 2013: $4,239Net Assets 2013: $3,673,7402013Assets 2014: $1,537,717Liabilities 2014: $104,138Net Assets 2014: $1,433,5792014Assets 2015: $548,180Liabilities 2015: $45,983Net Assets 2015: $502,1972015Assets 2016: $336,492Liabilities 2016: $44,258Net Assets 2016: $292,2342016Assets 2017: $280,258Liabilities 2017: $0Net Assets 2017: $280,2582017Assets 2018: $193,747Liabilities 2018: $0Net Assets 2018: $193,7472018Assets 2023: $335,913Liabilities 2023: $0Net Assets 2023: $335,9132023

Highlighted filing

2013

Assets$3,677,979
Liabilities$4,239
Net Assets$3,673,740

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2013: $4,354,238Expenses 2013: $680,498Net Income 2013: $3,673,7402013Revenue 2014: $375,907Expenses 2014: $2,616,068Net Income 2014: -$2,240,1612014Revenue 2015: $208,097Expenses 2015: $1,139,479Net Income 2015: -$931,3822015Revenue 2016: $35,274Expenses 2016: $245,237Net Income 2016: -$209,9632016Revenue 2017: $115,315Expenses 2017: $127,291Net Income 2017: -$11,9762017Revenue 2018: $16Expenses 2018: $86,527Net Income 2018: -$86,5112018Revenue 2023: $100,000Expenses 2023: $12,340Net Income 2023: $87,6602023

Highlighted filing

2013

Revenue$4,354,238
Expenses$680,498
Net Income$3,673,740
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 2, 2014
Return Version
2013v3.0
Gross Receipts
$4,356,137
Mission and Program Overview

Mission

To continue to facilitate the long term community recovery effort from the devastating explosion that occurred in west, texas on april 17,2013, and to serve the community of west for the benefit of future generations by continuing to rebuild, repair and strengthen the community and neighborhoods, repair and cultivate the historic downtown, and preserve the culture that is uniquely west.

To coordinate local,state and federal programs, resources and private donations to faciliate long-term community recovery from the consequences of the west fertilizer plant explosion that occurred on april 17,2013. This non-profit organization in partnership with charitable, faith-based and civic organizations, city and county governments will provide education about available recovery resources, share information to simplify the access to those resources and address the long-term unmet needs of those affected by the disaster, to the extent resources are available.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$3,599,685▲ $3,599,685
Inventories for Sale or Use$0$75,159▲ $75,159
Land, Buildings, and Equipment, Net$0$3,135▲ $3,135
Total Assets$0$3,677,979▲ $3,677,979
Liabilities
Other Liabilities$0$2,635▲ $2,635
Accounts Payable and Accrued Expenses$0$1,604▲ $1,604
Total Liabilities$0$4,239▲ $4,239
Net Assets / Fund Balance
Temporarily Rstr Net Assets-$3,404,659-
Unrestricted Net Assets-$269,081-
Total Net Assets Fund Balance$0$3,673,740▲ $3,673,740
Total Liabilities and Net Assets / Fund Balance$0$3,677,979▲ $3,677,979

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,135$165$3,300

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$0$3,930,762-$526,103$3,404,659
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen BernsenExecutive DirectorFT$40,625$40,625

Board Members and Trustees

NameTitle
Dr Charles MatthewsPresident
Darrin BanikDirector
Dianne FriendDirector
Dr John W CrowderDirector
Reggie WhelanDirector
Jim LockhartDirector of Finance
Tiffany BoltonSecretary
Ronnie SykoraTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,353,277
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$961
All Other Contributions
$4,220,362
Change in Net Assets
$3,673,740

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table463$129,142
Other Non Cash Contri Table2$1,622
Other Non Cash Contri Table1$328
Total Noncash Contributions466$131,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$502,995
Other Expenses$120,421
Salaries, Compensation, and Employee Benefits$57,082
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$500,366--$500,366
Current Officers, Directors, Trustees, and Key Employees$20,312$20,313-$40,625
Other Salaries and Wages$6,400$6,000-$12,400
Fees for Services Legal-$11,409-$11,409
Fees for Services Accounting-$4,749-$4,749
Payroll Taxes$490$3,567-$4,057
Insurance-$3,644-$3,644
Grants to Domestic Orgs$2,629--$2,629
All Other Expenses-$2,552-$2,552
Other Expenses$21,652$2,142-$2,142
Office Expenses-$1,312-$1,312
Occupancy-$737-$737
Depreciation Depletion-$165-$165
Advertising-$69-$69
Total Functional Expenses$621,191$59,307$0$680,498
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$2,860
Fundraising Direct Expenses$1,899
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Payable$2,635
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
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, Part VI, Section B, Line 11

The board will review the 990 before filing.

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

To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews will be conducted. When conducting periodic review, the organization may use outside advisors.

Form 990, Part VI, Section B, Line 15A

The foundation subscribes to www.payscale.com for salary ranges and reviewed local organization's pay scales(anecdotal). When the job was posted, candidates were asked to submit comp requirements along with resumes.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

EIN
46-2833227
Phone
2548267550

Signing Officer

Name
Jim Lockhart
Title
Director of Finance
Phone
2548267550
Signed
2014-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Lockhart
Formed
2013
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
2,100

Preparer

Preparer
Nancy a Toups
Phone
2547764190
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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt00
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt03930762
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt03404659
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0526103
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03135
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0165
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03300
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAX PAYABLE
IRS990ScheduleD/TermEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03135
IRS990ScheduleD/TotalLiabilityAmt02635
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0452685
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0CASH & NON-CASH ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt047681
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0BEDDING, CLOTHING, HOUSEHOLD CONSUMABLES, FURNITURE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0280
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE WEST TX FOUNDATION, INC.(DBA WEST LONG TERM RECOVERY) ADMINISTERS FUNDS TO THOSE VICTIMS OF THE FERTILIZER PLANT EXPLOSION IN WEST, TX ON APRIL 17, 2013. TO QUALIFY FOR ASSISTANCE FROM WLTR, THE CITIZENS MUST HAVE MET THE FOLLOWING CRITERIA: 1.) BE A RESIDENT WITHIN THE BLAST AREA 2.) HAVE REGISTERED WITH FEMA AT THIS POINT, WE WILL REFER THE CLIENT TO OUR CASE MANAGERS-UMCOR(UNITED METHODIST COMMITTEE ON RELIEF). UMCOR ASSIGNS THE CLIENTS A CASE NUMBER THAT IS USED FOR THAT CLIENT UNTIL THE CASE IS CLOSED. UMCOR WORKS WITH THE CLIENT BUILDING THEIR FILE AND HELPING THE CLIENT WITH ALL AVAILABLE ASSISTANCE AND THE CLIENTS RESOURCES TAKEN INTO CONSIDERATION, UMCOR DETERMINES THE CLIENTS NEEDS AND CLASSIFIES THEM AS CONSTRUCTION, FINANCIAL AID OR MEDICAL ASSISTANCE. AFTER THE NEED DETERMINATION IS MADE, THE CASE IS PRESENTED TO THE UNMET NEEDS COMMITEE(15 CITIZENS OF WEST) FOR A RECOMMENDATION ON AID TO COMMIT. THE UNMET NEEDS COMMITTEE RECOMMENDATION IS EITHER RATIFIED BY THE BOARD OF DIRECTORS OF THE FOUNDATION OR SENT BACK TO THE CASE MANAGER FOR MORE INFORMATION. FINANCIAL AID IS NOT PAID DIRECT TO THE CLIENT BUT RATHER TO THE VENDOR THAT MEETS THEIR NEED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt0463
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt12
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt21
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0FURNITURE/BED
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1OFFICE SUPPLI
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2APPLIANCES
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0129142
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt11622
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt2328
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd00
IRS990ScheduleM/ThirdPartiesUsedInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD WILL REVIEW THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS WILL BE CONDUCTED. WHEN CONDUCTING PERIODIC REVIEW, THE ORGANIZATION MAY USE OUTSIDE ADVISORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION SUBSCRIBES TO WWW.PAYSCALE.COM FOR SALARY RANGES AND REVIEWED LOCAL ORGANIZATION'S PAY SCALES(ANECDOTAL). WHEN THE JOB WAS POSTED, CANDIDATES WERE ASKED TO SUBMIT COMP REQUIREMENTS ALONG WITH RESUMES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt03404659
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt03677979
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt03677979
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04353277
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059307
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0621191
IRS990/TotalFunctionalExpensesGrp/TotalAmt0680498
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt04239
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt04239
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03673740
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0621191
IRS990/TotalReportableCompFromOrgAmt040625
IRS990/TotalRevenueGrp/ExclusionAmt0961
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04354238
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt02100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03677979
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0269081
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10510 E OAK ST
IRS990/USAddress/City0WEST
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode076691
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.WESTLTR.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JIM LOCKHART
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR OF FINANCE
ReturnHeader/BusinessOfficerGrp/PhoneNum02548267550
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-02
ReturnHeader/Filer/BusinessName/BusinessNameLine10WEST TX FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0462833227
ReturnHeader/Filer/PhoneNum02548267550
ReturnHeader/Filer/USAddress/AddressLine10510 E OAK ST
ReturnHeader/Filer/USAddress/City0WEST
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode076691
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742533381
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10JAYNES REITMEIER BOYD & THERRELL PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine105400 BOSQUE BLVD STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0WACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0767104459
ReturnHeader/PreparerPersonGrp/PhoneNum02547764190
ReturnHeader/PreparerPersonGrp/PreparationDt02014-09-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NANCY A TOUPS
ReturnHeader/ReturnTs02014-09-10T11:37:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-05-21
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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