Civic Intelligence

The Gratitude Initiative

990EZ • Fiscal year 2015 • EIN 46-3306022

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

216 W 26th StreetBryan, TX 77803

(214) 413-5616

Siviq Scores

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

Liabilities / Assets

66th percentile

0.02x

Higher debt load relative to assets than 66% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

68th percentile

0.02x

Higher debt load relative to revenue than 68% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

97th percentile

333%

Faster asset growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

97th percentile

238%

Faster revenue growth than 97% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$160,441

Up $123,370 (+333%) from 2014

Net Assets

Up

$157,123

Up $123,370 (+366%) from 2014

Liabilities

Flat

$3,318

Flat from 2014

Revenue

Up

$169,505

Up $119,282 (+238%) from 2014

Expenses

Up

$46,135

Up $29,704 (+181%) from 2014

Net Income

Up

$123,370

Up $89,578 (+265%) from 2014

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2014: $37,071Liabilities 2014: $3,318Net Assets 2014: $33,7532014Assets 2015: $160,441Liabilities 2015: $3,318Net Assets 2015: $157,1232015Assets 2016: $177,351Net Assets 2016: $177,3512016Assets 2017: $197,447Net Assets 2017: $197,4472017Assets 2018: $158,413Net Assets 2018: $158,4132018Assets 2019: $248,318Liabilities 2019: $0Net Assets 2019: $248,3182019Assets 2021: $405,661Liabilities 2021: $0Net Assets 2021: $405,6612021Assets 2022: $680,554Liabilities 2022: $0Net Assets 2022: $680,5542022Assets 2023: $650,448Liabilities 2023: $109,656Net Assets 2023: $540,7922023Assets 2024: $473,282Liabilities 2024: $53,711Net Assets 2024: $419,5712024

Highlighted filing

2015

Assets$160,441
Liabilities$3,318
Net Assets$157,123

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $50,223Expenses 2014: $16,431Net Income 2014: $33,7922014Revenue 2015: $169,505Expenses 2015: $46,135Net Income 2015: $123,3702015Revenue 2016: $177,227Expenses 2016: $156,999Net Income 2016: $20,2282016Revenue 2017: $169,581Expenses 2017: $149,485Net Income 2017: $20,0962017Revenue 2018: $175,941Expenses 2018: $214,975Net Income 2018: -$39,0342018Revenue 2019: $374,963Expenses 2019: $285,058Net Income 2019: $89,9052019Revenue 2021: $261,680Expenses 2021: $336,136Net Income 2021: -$74,4562021Revenue 2022: $626,503Expenses 2022: $351,610Net Income 2022: $274,8932022Revenue 2023: $708,856Expenses 2023: $848,618Net Income 2023: -$139,7622023Revenue 2024: $888,083Expenses 2024: $1,009,304Net Income 2024: -$121,2212024

Highlighted filing

2015

Revenue$169,505
Expenses$46,135
Net Income$123,370
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.0
Gross Receipts
$169,505
Mission and Program Overview

Mission

The gratitude initiative's mission is to provide educational support and scholarships to the children and families of military service members, veterans, disabled veterans, and those killed in defense of our country.

Program Services

DescriptionGrantsExpenses
In 2015, Gratitude Initiative (GI) had an extremely successful year in furthering its mission and accomplishing its long-term objectives. As part of its objective of raising awareness about the needs of military and veteran children, GI held targeted campaigns in January in partnership with elected officials within the Texas State House and Senate. January 27th was named Gratitude Initiative/GI Kids Day in the state of Texas. Over eighty military families from all over the state joined elected officials and GI staff members at the state capital for special events to include recognition on the floors of both houses, special tours for the children, and lunch at the capital. GI held many informational events during the Month of the Military Child (April) focused on raising awareness for our military children. GI launched its education programs a year ahead of schedule and began enrolling students into its College Success Academy and online tutoring programs in November providing support to students of active military and veteran families throughout the United States. GI continued establishing formal relationships with veteran service organizations, military family readiness organizations, and other non-profits to build channels of communication for reaching students and families who could benefit from GIs impactful programs.$46,135-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RL SECHRIST IIExecutive DirectorPT$0--
JAMES P MOONSecretary-$0--
JOHN Q MILLERDirector-$0--
JOHN VITACCADirector-$0--
MATT MARSHALLDirector-$0--
CINDY BINGERDirector-$0--
MARK DRISCOLLDirector-$0--
Filing and Contact Details

Filer

Filer Name
The Gratitude Initiative
EIN
46-3306022
Address
216 W 26th Street, Bryan, TX 77803

Signing Officer

Name
Lee Sechrist
Title
Executive Director
Signed
2016-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Mosel & Ginn PLLC
Address
1255 W 15th Street Suite 135, Plano, TX 75075
Preparer
Douglas K Mosel CPA
Phone
4694294229
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $2952

Other Expenses.1005

Travel $4778

Other Expenses.1007

Conferences, Conventions, and Meetings $1378

Other Expenses.1012

Insurance $990

Other Expenses.1

PROGRAM EXPENSES $18487

Other Expenses.2

OUTSIDE SERVICES $12617

Other Expenses.3

TELEPHONE $658

Other Expenses.4

SUPPLIES $450

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $14500

Total Liabilities.1008

Unsecured Notes and Loans Payable - Beginning $3318 Unsecured Notes and Loans Payable - Ending $3318

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ReturnHeader/BuildTS02016-12-15 16:53:06Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GRATITUDE INITIATIVE
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ReturnHeader/Filer/EIN0463306022
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