Civic Intelligence

Kealing Magnet Advisory Group

990EZ • Fiscal year 2018 • EIN 46-4801319

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 01, 2018

1607 Pennsylvania AveAustin, TX 78702

(512) 414-3214

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

62nd percentile

0.01x

Higher debt load relative to revenue than 62% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

16th percentile

-21%

Higher net margin than 16% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Assets

$21,579

No earlier filing loaded for comparison.

Net Assets

$21,179

No earlier filing loaded for comparison.

Liabilities

$400

No earlier filing loaded for comparison.

Revenue

$60,330

No earlier filing loaded for comparison.

Expenses

$73,094

No earlier filing loaded for comparison.

Net Income

-$12,764

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.

$80K$60K$40K$20K$0Assets 2018: $21,579Liabilities 2018: $400Net Assets 2018: $21,1792018Assets 2019: $23,372Liabilities 2019: $5Net Assets 2019: $23,3672019Assets 2020: $66,440Liabilities 2020: $103Net Assets 2020: $66,3372020

Highlighted filing

2018

Assets$21,579
Liabilities$400
Net Assets$21,179

Operations Trend

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

$100K$50K$0-$50KRevenue 2018: $60,330Expenses 2018: $73,094Net Income 2018: -$12,7642018Revenue 2019: $88,114Expenses 2019: $85,926Net Income 2019: $2,1882019Revenue 2020: $84,471Expenses 2020: $41,501Net Income 2020: $42,9702020

Highlighted filing

2018

Revenue$60,330
Expenses$73,094
Net Income-$12,764
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 1, 2018
Return Version
2017v2.3
Gross Receipts
$60,330
Mission and Program Overview

Mission

Supporting academic excellence in the kealing middle school magnet program

Program Services

DescriptionGrantsExpenses
KEALING MAGNET ADVISORY GROUP PROVIDES FINANCIAL AND VOLUNTEER RESOURCES TO MAINTAIN AND PROMOTE ACADEMIC EXCELLENCE, CLASSROOM ENRICHMENT AND DIVERSE ACADEMIC EXTRACURRICULAR ACTIVITIES FOR THE MAGENT PROGRAM AT KEALING MIDDLE SCHOOL AS WELL AS SCHOOL-WIDE PROGRAMS AND EVENTS.$0$70,186
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEVE ROSENCo-Chair-$0--
ROHIT VIJCo-Chair-$0--
RAJAL REGANCo-Treasurer-$0--
LUISA WILLIAMSCo-Treasurer-$0--
MARY-ALIS KELLYSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Kealing Magnet Advisory Group
EIN
46-4801319
Phone
5124143214
Address
1607 PENNSYLVANIA AVE, AUSTIN, TX 78702

Signing Officer

Name
Steve Rosen
Title
Co-chair
Phone
5124143214
Signed
2018-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Avenson Hamann Cpas Llp
Address
1779 WELLS BRANCH PKWY 110B-292, AUSTIN, TX 78728
Preparer
Kara Hamann
Phone
5126939131
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 9.

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

Description: bank fees. Amount: 1,096. Description: classroom supplies. Amount: 4,758. Description: dues & subscriptions. Amount: 728. Description: field trips. Amount: 2,588. Description: insurance. Amount: 628. Description: office expenses. Amount: 884. Description: professional development. Amount: 12,906. Description: teacher stipends. Amount: 6,051. Description: it equipment for classrooms. Amount: 41,375. Description: competition registration fees. Amount: 1,580. Total to form 990-ez, line 16: 72,594.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: credit cards payable. Beg. Of year amount: 0. End of year amount: 400.

Raw XML Appendix174 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/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORTING ACADEMIC EXCELLENCE IN THE KEALING MIDDLE SCHOOL MAGNET PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0KEALING MAGNET ADVISORY GROUP PROVIDES FINANCIAL AND VOLUNTEER RESOURCES TO MAINTAIN AND PROMOTE ACADEMIC EXCELLENCE, CLASSROOM ENRICHMENT AND DIVERSE ACADEMIC EXTRACURRICULAR ACTIVITIES FOR THE MAGENT PROGRAM AT KEALING MIDDLE SCHOOL AS WELL AS SCHOOL-WIDE PROGRAMS AND EVENTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 9.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 1,096. DESCRIPTION: CLASSROOM SUPPLIES. AMOUNT: 4,758. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 728. DESCRIPTION: FIELD TRIPS. AMOUNT: 2,588. DESCRIPTION: INSURANCE. AMOUNT: 628. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 884. DESCRIPTION: PROFESSIONAL DEVELOPMENT. AMOUNT: 12,906. DESCRIPTION: TEACHER STIPENDS. AMOUNT: 6,051. DESCRIPTION: IT EQUIPMENT FOR CLASSROOMS. AMOUNT: 41,375. DESCRIPTION: COMPETITION REGISTRATION FEES. AMOUNT: 1,580. TOTAL TO FORM 990-EZ, LINE 16: 72,594.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: CREDIT CARDS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 400.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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.
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ReturnHeader/ReturnTs02018-11-05T08:14:25-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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Filings