Civic Intelligence

West Texas Lemonade Day

990EZ • Fiscal year 2016 • EIN 46-4486931

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 07, 2017

3101 35th StreetLubbock, TX 79413

(806) 792-2723

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

47th percentile

1.9%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

65th percentile

12%

Faster asset growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$12,967

Up $1,398 (+12%) from 2015

Net Assets

Up

$12,967

Up $1,398 (+12%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$72,165

Down $8,922 (-11%) from 2015

Expenses

Down

$70,767

Down $16,736 (-19%) from 2015

Net Income

Up

$1,398

Up $7,814 (+122%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2014: $10,786Net Assets 2014: $10,7862014Assets 2015: $11,569Liabilities 2015: $0Net Assets 2015: $11,5692015Assets 2016: $12,967Liabilities 2016: $0Net Assets 2016: $12,9672016Assets 2017: $22,365Liabilities 2017: $0Net Assets 2017: $22,3652017Assets 2018: $23,800Liabilities 2018: $0Net Assets 2018: $23,8002018Assets 2019: $11,162Liabilities 2019: $0Net Assets 2019: $11,1622019Assets 2020: $22,183Liabilities 2020: $0Net Assets 2020: $22,1832020Assets 2021: $21,959Liabilities 2021: $0Net Assets 2021: $21,9592021Assets 2022: $94,598Liabilities 2022: $0Net Assets 2022: $94,5982022Assets 2023: $155,397Liabilities 2023: $0Net Assets 2023: $155,3972023Assets 2024: $211,897Liabilities 2024: $0Net Assets 2024: $211,8972024

Highlighted filing

2016

Assets$12,967
Liabilities$0
Net Assets$12,967

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2014: $103,209Expenses 2014: $109,414Net Income 2014: -$6,2052014Revenue 2015: $81,087Expenses 2015: $87,503Net Income 2015: -$6,4162015Revenue 2016: $72,165Expenses 2016: $70,767Net Income 2016: $1,3982016Revenue 2017: $101,183Expenses 2017: $91,785Net Income 2017: $9,3982017Revenue 2018: $91,100Expenses 2018: $89,665Net Income 2018: $1,4352018Revenue 2019: $64,877Expenses 2019: $77,515Net Income 2019: -$12,6382019Revenue 2020: $62,655Expenses 2020: $51,634Net Income 2020: $11,0212020Revenue 2021: $20,100Expenses 2021: $20,324Net Income 2021: -$2242021Revenue 2022: $106,640Expenses 2022: $34,001Net Income 2022: $72,6392022Revenue 2023: $112,000Expenses 2023: $51,201Net Income 2023: $60,7992023Revenue 2024: $120,150Expenses 2024: $63,650Net Income 2024: $56,5002024

Highlighted filing

2016

Revenue$72,165
Expenses$70,767
Net Income$1,398
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$76,570
Mission and Program Overview

Mission

To address a missing element in many youth education programs. The mission of lemonade day is to help prepare youth for life through fun, proactive and proactive programs infused with life skills, character educationk and entrepreneurship. The foremost objective is to help today's youth become the business leaders, social advocates, community volunteers and forward thinking citizens of tomorrow. Every child is introduced to entrepreneurship through real world experience of starting their own business (a lemonade stand).

To address a missing element in many youth education programs. The mission of lemonade day is to help prepare youth for life through fun proactive programs infused with life skills, character education and entrepreneurship. The foremost objective is to help today's youth become the business leaders, social advocates, community volunteers and forward thinking citizens of tomorrow. Every child is introduced to entrepreneurship through real world experience of starting their own business (a lemonade stand).

Program Services

DescriptionGrantsExpenses
LEMONADE DAY 2016 WAS AN EXCEPTIONAL DAY FOR LUBBOCK, TX. APPROXIMATELY 5,348 YOUTH REGISTERED FOR THE PROGRAM RESULTING IN ROUGHLY 755 LEMONADE STANDS AND 2,144 YOUTH PARTICIPATING ON THE DAY. MORE THAN 29 BUSINESSES WERE ENGAGED AND OVER 58 VOLUNTEERS WERE ACTIVE. 68 SCHOOLS PARTICIPATED. THE AVERAGE STAND REPORTED A $194.54 IN PROFIT. CHILDREN PARTICIPATED IN 5 EVENTS DESIGNED TO PROMOTE THE KEY LESSONS IN LEMONADE DAY AND PAINTED THE TOWN "YELLOW" ON LEMONADE DAY. FAMILIES REPORTED A MAJOR IMPACT ON THEIR CHILD'S UNDERSTANDING OF FINANCIAL MATTERS AND ENTREPRENEURSHIP.$0$70,767
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RON BETENBOUGHDirector-$0--
RICK DYKESDirector-$0--
CARLOS MORALESDirector-$0--
SHARON THOMASONDirector-$0--
ROBERT TAYLORPresident-$0--
Filing and Contact Details

Filer

Filer Name
West Texas Lemonade Day
EIN
46-4486931
Phone
8067922723
Address
3101 35TH STREET, LUBBOCK, TX 79413

Signing Officer

Name
Robert Taylor
Title
President
Phone
8067922723
Signed
2017-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Bolinger Segars Gilbert and Moss Llp
Address
8215 NASHVILLE AVENUE, LUBBOCK, TX 79423
Preparer
Matt R Willis
Phone
8067473806
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 3,080. Returns and allowances: 0. Less cost of goods sold: 4,405. Gross profit: -1,325. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 4,405. Cost of labor: 0. Materials and supplies: 0. Other costs: 0. Inventory at end of year: 0. Cost of goods sold: 4,405.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: licenses. Amount: 10,050. Description: supplies. Amount: 56,564. Description: travel. Amount: 2,603. Total to form 990-ez, line 16: 69,217.

Raw XML Appendix159 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/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0TO ADDRESS A MISSING ELEMENT IN MANY YOUTH EDUCATION PROGRAMS. THE MISSION OF LEMONADE DAY IS TO HELP PREPARE YOUTH FOR LIFE THROUGH FUN PROACTIVE PROGRAMS INFUSED WITH LIFE SKILLS, CHARACTER EDUCATION AND ENTREPRENEURSHIP. THE FOREMOST OBJECTIVE IS TO HELP TODAY'S YOUTH BECOME THE BUSINESS LEADERS, SOCIAL ADVOCATES, COMMUNITY VOLUNTEERS AND FORWARD THINKING CITIZENS OF TOMORROW. EVERY CHILD IS INTRODUCED TO ENTREPRENEURSHIP THROUGH REAL WORLD EXPERIENCE OF STARTING THEIR OWN BUSINESS (A LEMONADE STAND).
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0LEMONADE DAY 2016 WAS AN EXCEPTIONAL DAY FOR LUBBOCK, TX. APPROXIMATELY 5,348 YOUTH REGISTERED FOR THE PROGRAM RESULTING IN ROUGHLY 755 LEMONADE STANDS AND 2,144 YOUTH PARTICIPATING ON THE DAY. MORE THAN 29 BUSINESSES WERE ENGAGED AND OVER 58 VOLUNTEERS WERE ACTIVE. 68 SCHOOLS PARTICIPATED. THE AVERAGE STAND REPORTED A $194.54 IN PROFIT. CHILDREN PARTICIPATED IN 5 EVENTS DESIGNED TO PROMOTE THE KEY LESSONS IN LEMONADE DAY AND PAINTED THE TOWN "YELLOW" ON LEMONADE DAY. FAMILIES REPORTED A MAJOR IMPACT ON THEIR CHILD'S UNDERSTANDING OF FINANCIAL MATTERS AND ENTREPRENEURSHIP.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INCOME: GROSS RECEIPTS: 3,080. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 4,405. GROSS PROFIT: -1,325. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 4,405. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 0. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 4,405.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LICENSES. AMOUNT: 10,050. DESCRIPTION: SUPPLIES. AMOUNT: 56,564. DESCRIPTION: TRAVEL. AMOUNT: 2,603. TOTAL TO FORM 990-EZ, LINE 16: 69,217.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08067922723
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-07
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ReturnHeader/FilingSecurityInformation/IPTm008:21:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750882037
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ReturnHeader/ReturnTs02017-11-14T13:56:18-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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