Civic Intelligence

Education Foundation for Lockhart Isd

990EZ • Fiscal year 2021 • EIN 46-5345599

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 18, 2022

PO Box 1361Lockhart, TX 78644-1361

(512) 627-5424

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

98th percentile

97%

Higher net margin than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

69%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

-16%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$144,879

Up $59,071 (+69%) from 2020

Net Assets

Up

$144,879

Up $59,071 (+69%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$62,142

Down $11,825 (-16%) from 2020

Expenses

Down

$1,656

Down $66,358 (-98%) from 2020

Net Income

Up

$60,486

Up $54,533 (+916%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2015: $31,226Net Assets 2015: $31,2262015Assets 2016: $45,886Net Assets 2016: $45,8862016Assets 2017: $54,421Liabilities 2017: $02017Assets 2018: $60,151Net Assets 2018: $60,1512018Assets 2019: $81,269Net Assets 2019: $81,2692019Assets 2020: $85,808Net Assets 2020: $85,8082020Assets 2021: $144,879Net Assets 2021: $144,8792021Assets 2022: $234,533Liabilities 2022: $0Net Assets 2022: $234,5332022Assets 2023: $316,127Liabilities 2023: $0Net Assets 2023: $316,1272023Assets 2024: $396,734Liabilities 2024: $0Net Assets 2024: $396,7342024Assets 2025: $418,467Liabilities 2025: $0Net Assets 2025: $418,4672025

Highlighted filing

2021

Assets$144,879
Liabilities-
Net Assets$144,879

Operations Trend

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

$300K$200K$100K$0Revenue 2015: $54,838Expenses 2015: $23,612Net Income 2015: $31,2262015Revenue 2016: $48,942Expenses 2016: $34,282Net Income 2016: $14,6602016Revenue 2017: $52,974Expenses 2017: $44,439Net Income 2017: $8,5352017Revenue 2018: $70,305Expenses 2018: $64,575Net Income 2018: $5,7302018Revenue 2019: $88,093Expenses 2019: $66,975Net Income 2019: $21,1182019Revenue 2020: $73,967Expenses 2020: $68,014Net Income 2020: $5,9532020Revenue 2021: $62,142Expenses 2021: $1,656Net Income 2021: $60,4862021Revenue 2022: $159,758Expenses 2022: $69,900Net Income 2022: $89,8582022Revenue 2023: $181,325Expenses 2023: $99,259Net Income 2023: $82,0662023Revenue 2024: $297,693Expenses 2024: $204,692Net Income 2024: $93,0012024Revenue 2025: $241,494Expenses 2025: $219,761Net Income 2025: $21,7332025

Highlighted filing

2021

Revenue$62,142
Expenses$1,656
Net Income$60,486
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 18, 2022
Return Version
2020v4.0
Gross Receipts
$62,142
Mission and Program Overview

Mission

This organization exists exclusively for the charitable and educational purposes to benefit the Lockhart Independent School District by provideing funds, services and property to supplement the teaching and service functions.

This organizationa exists exclusively for the charitable and educational purposes to benifit the lockhart independt school district by providing funds, services and property to supplement the distrcit's teaching and education functions.

Program Services

DescriptionGrantsExpenses
FUNDS FOR DISTRIBUTION TO LOCKHART ISD$1,656$3,312
FUNDS FOR DISTRIBUTION TO LOCKHART ISD--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS SCHNEIDERDirector-$0--
FRED WEBERDirector-$0--
ALFONSO SIFUENTESVP Chip In F-$0--
JEFFRY MICHELSONDirector-$0--
ANGELA MEITLERVP Finance-$0--
CARL OHLENDORFDirector-$0--
TIM CLARKPresident-$0--
MARK ESTRADASuperintende-$0--
JAMES LOVETTDirector-$0--
TERRI GARRETTDirector-$0--
SUSAN MASURDirector-$0--
JUANITA MCBRIDEVP Programs-$0--
CHASE LOREDirector-$0--
REBECCA PULLIAMVP Marketing-$0--
RENE RAYOSDirector-$0--
TODD BLOMERTHDirector-$0--
AMELIA SMITHSecretary-$0--
ROB ORTIZDirector-$0--
ABEL DE LA CRUZVP Developme-$0--
RON FAULSTICHDirector-$0--
ALLISON SMITHDirector-$0--
ARIC DENTONVP Director-$0--
DERRICK BRYANTDirector-$0--
Filing and Contact Details

Filer

Filer Name
Education Foundation for Lockhart I
EIN
46-5345599
Phone
5126275424
Address
PO BOX 1361, LOCKHART, TX 78644-1361

Signing Officer

Name
Tim Clark
Title
President
Phone
5126275424
Signed
2022-04-18

Preparer

Firm
Valentine & Associates Cpas Pc
Address
1720 FM 1431, MARBLE FALLS, TX 78654-4954
Preparer
George L Valentine
Phone
8306937294
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising 228 office 67 misc 135 total 430

Form 990-ez, Part I, Line 20

Book / tax depreciation difference -1,415

Form 990-ez, Part II, Line 24

21,163 21,163 less accumulated depreciation 8,094 9,509 0 2,867 total 13,069 14,521

Form 990-ez, Part III

This organizationa exists exclusively for the charitable and educational purposes to benifit the lockhart independt school district by providing funds, services and property to supplement the distrcit's teaching and education functions.

Form 990-ez, Part III, Line 31

Funds for distribution to lockhart isd

Raw XML Appendix236 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3JEFFRY MICHELSON
CompensationExplanation/CompensationExplanationGrp/PersonNm4ANGELA MEITLER
CompensationExplanation/CompensationExplanationGrp/PersonNm5CARL OHLENDORF
CompensationExplanation/CompensationExplanationGrp/PersonNm6TIM CLARK
CompensationExplanation/CompensationExplanationGrp/PersonNm7MARK ESTRADA
CompensationExplanation/CompensationExplanationGrp/PersonNm8JAMES LOVETT
CompensationExplanation/CompensationExplanationGrp/PersonNm9TERRI GARRETT
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CompensationExplanation/CompensationExplanationGrp/PersonNm16AMELIA SMITH
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CompensationExplanation/CompensationExplanationGrp/PersonNm18ABEL DE LA CRUZ
CompensationExplanation/CompensationExplanationGrp/PersonNm19RON FAULSTICH
CompensationExplanation/CompensationExplanationGrp/PersonNm20ALLISON SMITH
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHRIS SCHNEIDER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JUANITA MCBRIDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm19RON FAULSTICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm20ALLISON SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm21ARIC DENTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm22DERRICK BRYANT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VP CHIP IN F
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VP FINANCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SUPERINTENDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11VP PROGRAMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13VP MARKETING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt15DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt16SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt17DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt18VP DEVELOPME
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt19DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt20DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt21VP DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt22DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt013069
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IRS990EZ/OtherChangesInNetAssetsAmt0-1415
IRS990EZ/OtherExpensesTotalAmt0430
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0THIS ORGANIZATIONA EXISTS EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES TO BENIFIT THE LOCKHART INDEPENDT SCHOOL DISTRICT BY PROVIDING FUNDS, SERVICES AND PROPERTY TO SUPPLEMENT THE DISTRCIT'S TEACHING AND EDUCATION FUNCTIONS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDS FOR DISTRIBUTION TO LOCKHART ISD
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FUNDS FOR DISTRIBUTION TO LOCKHART ISD
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0269332
IRS990ScheduleA/TotalSupportAmt0269332
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 228 OFFICE 67 MISC 135 TOTAL 430
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOOK / TAX DEPRECIATION DIFFERENCE -1,415
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt221,163 21,163 LESS ACCUMULATED DEPRECIATION 8,094 9,509 0 2,867 TOTAL 13,069 14,521
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THIS ORGANIZATIONA EXISTS EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES TO BENIFIT THE LOCKHART INDEPENDT SCHOOL DISTRICT BY PROVIDING FUNDS, SERVICES AND PROPERTY TO SUPPLEMENT THE DISTRCIT'S TEACHING AND EDUCATION FUNCTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FUNDS FOR DISTRIBUTION TO LOCKHART ISD
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TIM CLARK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05126275424
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EDUCATION FOUNDATION FOR LOCKHART I
ReturnHeader/Filer/BusinessNameControlTxt0EDUC
ReturnHeader/Filer/EIN0465345599
ReturnHeader/Filer/PhoneNum05126275424
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1361
ReturnHeader/Filer/USAddress/CityNm0LOCKHART
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0786441361
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844147988
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VALENTINE & ASSOCIATES CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01720 FM 1431
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARBLE FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0786544954
ReturnHeader/PreparerPersonGrp/PhoneNum08306937294
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGE L VALENTINE
ReturnHeader/ReturnTs02022-04-19T12:26:46-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0TIM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CLARK
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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