Civic Intelligence

The Gratitude Initiative

990EZ • Fiscal year 2017 • EIN 46-3306022

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

216 W 26th StreetBryan, TX 77803

(800) 214-0639

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

-4.3%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$197,447

Up $20,096 (+11%) from 2016

Net Assets

Up

$197,447

Up $20,096 (+11%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$169,581

Down $7,646 (-4.3%) from 2016

Expenses

Down

$149,485

Down $7,514 (-4.8%) from 2016

Net Income

Down

$20,096

Down $132 (-0.7%) from 2016

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

2017

Assets$197,447
Liabilities-
Net Assets$197,447

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

2017

Revenue$169,581
Expenses$149,485
Net Income$20,096
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 1, 2018
Return Version
2017v2.2
Gross Receipts
$169,581
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 2017, The Gratitude Initiative (GI), has been able to extend its reach to more military families thanks to its continued partnership with great organizations like Halliburton, Tip of the Spear Foundation, Sport Clips and Carry The Load. These organizations commitment to support our military and veteran families and our partnership with other military and veteran-focused nonprofits has enabled GI to identify and provide our services to these deserving families. GI is now serving families in 21 states and numerous others stationed around the world. Thanks to grant funding GI developed several Day in the Life career videos which focused on STEM related careers and included those in an online career fair for not only its students, but others reached through social media. GI is continuing to connect with other like-minded organizations to achieve its goal of connecting with more deserving students that can benefit from its programs.$149,485-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RL SECHRIST IIExecutive DirectorPT$0--
JAMES P MOONSecretary-$0--
JILL SHARPDirector-$0--
JOHN VITACCADirector-$0--
JASON LOVELESSDirector-$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
2018-08-01
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 $2143

Other Expenses.1005

Travel $6129

Other Expenses.1007

Conferences, Conventions, and Meetings $1255

Other Expenses.1009

Depreciation $602

Other Expenses.1012

Insurance $891

Other Expenses.1

PROGRAM EXPENSES $125000

Other Expenses.2

GRANTS $10000

Other Expenses.3

OUTSIDE SERVICES $1463

Other Expenses.4

SUBSCRIPTIONS $405

Other Expenses.5

CONTRIBUTIONS $250

Other Expenses.7

SUPPLIES $58

Other Expenses.8

MISC $58

Other Assets.1002

Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $2409

Other Assets.1011

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

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ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEE SECHRIST
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Dir.
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GRATITUDE INITIATIVE
ReturnHeader/Filer/BusinessNameControlTxt0GRAT
ReturnHeader/Filer/EIN0463306022
ReturnHeader/Filer/USAddress/AddressLine1Txt0216 W 26th Street
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ReturnHeader/ReturnTs02018-08-01T12:48:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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