Civic Intelligence

Faith in Texas - Pico

990 • Fiscal year 2017 • EIN 47-3005234

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 05, 2019

1111 W Mockingbird Ln 595Dallas, TX 75247

(972) 803-8783

Siviq Scores

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

Liabilities / Assets

28th percentile

0.01x

Higher debt load relative to assets than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

65th percentile

9.4%

Higher net margin than 65% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

63rd percentile

$86,930

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

75th percentile

14%

Faster asset growth than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

55th percentile

6.6%

Faster revenue growth than 55% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$943,388

Up $119,375 (+14%) from 2016

Net Assets

Up

$931,026

Up $110,343 (+13%) from 2016

Liabilities

Up

$12,362

Up $9,032 (+271%) from 2016

Revenue

Up

$1,172,373

Up $72,419 (+6.6%) from 2016

Expenses

Up

$1,062,030

Up $731,095 (+221%) from 2016

Net Income

Down

$110,343

Down $658,676 (-86%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $824,013Liabilities 2016: $3,330Net Assets 2016: $820,6832016Assets 2017: $943,388Liabilities 2017: $12,362Net Assets 2017: $931,0262017Assets 2018: $541,445Liabilities 2018: $0Net Assets 2018: $541,4452018Assets 2019: $575,392Liabilities 2019: $0Net Assets 2019: $575,3922019Assets 2020: $1,158,131Liabilities 2020: $159,400Net Assets 2020: $998,7312020Assets 2021: $1,020,752Liabilities 2021: $0Net Assets 2021: $1,020,7522021Assets 2022: $1,091,703Liabilities 2022: $0Net Assets 2022: $1,091,7032022Assets 2023: $476,105Liabilities 2023: $0Net Assets 2023: $476,1052023Assets 2024: $84,401Liabilities 2024: $0Net Assets 2024: $84,4012024

Highlighted filing

2017

Assets$943,388
Liabilities$12,362
Net Assets$931,026

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2016: $1,099,954Expenses 2016: $330,935Net Income 2016: $769,0192016Revenue 2017: $1,172,373Expenses 2017: $1,062,030Net Income 2017: $110,3432017Revenue 2018: $1,288,396Expenses 2018: $1,672,156Net Income 2018: -$383,7602018Revenue 2019: $1,084,654Expenses 2019: $1,050,707Net Income 2019: $33,9472019Revenue 2020: $1,669,593Expenses 2020: $1,246,254Net Income 2020: $423,3392020Revenue 2021: $1,127,319Expenses 2021: $1,098,486Net Income 2021: $28,8332021Revenue 2022: $463,495Expenses 2022: $642,053Net Income 2022: -$178,5582022Revenue 2023: $43,050Expenses 2023: $658,648Net Income 2023: -$615,5982023Revenue 2024: $56,823Expenses 2024: $448,527Net Income 2024: -$391,7042024

Highlighted filing

2017

Revenue$1,172,373
Expenses$1,062,030
Net Income$110,343
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 5, 2019
Return Version
2017v2.0
Gross Receipts
$1,172,373
Mission and Program Overview

Mission

Faith in Texas is a multi-racial, faith movement for social justice. We are an affiliate of the PICO National Network, the nation's largest network developing civic leadership in low-and-moderate income faith communities for economic and racial justice. PICO stands for People Improving Communities through Organizing.

Faith in Texas is a multi-racial, multi-faith movement developing civic leadership in faith communities for economic and racial justice.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$8,000$485,988▲ $477,988
Cash and Non-Interest-Bearing Accounts$805,990$450,238▼ $355,752
Land, Buildings, and Equipment, Net$5,419$4,162▼ $1,257
Prepaid Expenses and Deferred Charges$1,604--
Total Assets$824,013$943,388▲ $119,375
Other Assets Total$3,000$3,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$3,330$12,362▲ $9,032
Other Liabilities-$0-
Total Liabilities$3,330$12,362▲ $9,032
Net Assets / Fund Balance
Unrestricted Net Assets$820,683$881,564▲ $60,881
Temporarily Rstr Net Assets$0$49,462▲ $49,462
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$820,683$931,026▲ $110,343
Total Liabilities and Net Assets / Fund Balance$824,013$943,388▲ $119,375

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,162$2,124$6,286
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleBaseTotal
Edwin RobinsonCo-Executive Director$86,930$86,930
Lydia BeanCo-Executive Director$74,235$74,235
Akilah WallaceDirector of Development$67,971$67,971

Board Members and Trustees

NameTitle
Gordon MartinezPresident
Dr Michael GreeneBoard Member
Rev Stephen BrownBoard Member
Dr Samad KhanSecretary
Susan StonecipherTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,163,281
Program Service Revenue
$8,077
Investment Income
$376
Other Revenue
$639
All Other Contributions
$1,163,281
Change in Net Assets
$110,343

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,186,761
Revenue Not Reported on Financial Statements
$-14,388
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-14,388
Total Revenue per Audited Statements
$1,186,761
Total Revenue per Form 990
$1,172,373
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$739,600
Other Expenses$322,430
Total Fundraising Expense$51,813
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$479,514$39,430$42,884$561,828
Travel$108,282$1,673$599$110,554
Office Expenses$66,439$25,695$0$92,134
Current Officers, Directors, Trustees, and Key Employees$67,971$0$0$67,971
Fees for Services Other$49,112$5,532$0$54,644
Other Employee Benefits$41,694$3,724$3,418$48,836
Payroll Taxes$39,510$2,830$3,077$45,417
Occupancy$24,806$136$0$24,942
Pension Plan Contributions$9,961$3,752$1,835$15,548
Fees for Services Accounting$0$12,880$0$12,880
Conferences and Meetings$10,930$0$0$10,930
Insurance$251$5,549$0$5,800
Other Expenses$4,217$1$0$4,218
Fees for Services Legal$0$3,064$0$3,064
Information Technology$1,068$903$0$1,971
Depreciation Depletion$1,257$0$0$1,257
Advertising$36$0$0$36
Total Functional Expenses$905,048$105,169$51,813$1,062,030

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,062,030
Total Expenses per Form 990$1,062,030
Total Expenses per Audited Statements$1,050,137
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Expenses Not Reported on Form 990$-11,893
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Form 990 is provided to Board of Directors for review and comment prior to submission.

Form 990, Part VI, Section B, Line 15

Other comparable organizations were examined, including online financial documents and conversations with leadership of these organizations.

Form 990, Part VI, Section C, Line 19

Governing and Financial documents are made available upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Faith in Texas - Pico
EIN
47-3005234
Phone
9728038783
Address
1111 W Mockingbird Ln 595, Dallas, TX 75247

Signing Officer

Name
Akilah Wallace
Title
Executive Director
Phone
9728038783
Signed
2019-03-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lydia Bean
Formed
2015
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
16
Volunteers
50

Preparer

Firm
Easy Office dba Jitasa
Address
1750 W Front Street Suite 200, Boise, ID 83702
Preparer
Mary Soper
Phone
2082874777
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

FIT is recognized by the Internal Revenue Service as exempt from federal income tax under section 501(c)3 of the Internal Revenue Code (IRC) and is not a private foundation as defined in the IRC. Income generated from activities unrelated to FIT's exempt purpose is subject to tax under IRC Section 511. FIT did not have a material unrelated business income tax liability as of December 31, 2017 and 2016. Therefore, no tax provision or liability has been reported in the accompanying financial statements. FIT had no significant uncertain tax positions for the years ended December 31, 2017 and 2016.

Schedule D, Part XI, Line 4B

Audited financials prepared on cash basis, 990 prepare on accrual basis, adjustment to reconcile.

Schedule D, Part XII, Line 2D

Audited financials prepared on cash basis, 990 prepare on accrual basis, adjustment to reconcile.

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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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IRS990/Desc0Campaigns - The four primary campaigns of Faith in Texas were chosen by our member congregations through intensive listening in affected communities: scaling down mass incarceration, ending predatory lending, providing quality public education, and keeping immigrant families together.
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IRS990/MissionDesc0Faith in Texas is a multi-racial, faith movement for social justice. We are an affiliate of the PICO National Network, the nation's largest network developing civic leadership in low-and-moderate income faith communities for economic and racial justice. PICO stands for People Improving Communities through Organizing.
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IRS990/OccupancyGrp/FundraisingAmt00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0136
IRS990/OccupancyGrp/ProgramServicesAmt024806
IRS990/OccupancyGrp/TotalAmt024942
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025695
IRS990/OfficeExpensesGrp/ProgramServicesAmt066439
IRS990/OfficeExpensesGrp/TotalAmt092134
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03000
IRS990/OtherAssetsTotalGrp/EOYAmt03000
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03418
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03724
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt041694
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048836
IRS990/OtherExpensesGrp/Desc0Client Specific Expenses
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01
IRS990/OtherExpensesGrp/ProgramServicesAmt04217
IRS990/OtherExpensesGrp/TotalAmt04218
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Revenue
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0639
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0639
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0639
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt042884
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039430
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0479514
IRS990/OtherSalariesAndWagesGrp/TotalAmt0561828
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt03077
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02830
IRS990/PayrollTaxesGrp/ProgramServicesAmt039510
IRS990/PayrollTaxesGrp/TotalAmt045417
IRS990/PensionPlanContributionsGrp/FundraisingAmt01835
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03752
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09961
IRS990/PensionPlanContributionsGrp/TotalAmt015548
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01604
IRS990/PrincipalOfficerNm0Lydia Bean
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611430
IRS990/ProgramServiceRevenueGrp/Desc0Education Campaign
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt08077
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt08077
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0General Program- General programming of Faith in Texas increases the civic capacity of congregations across social divides for economic and racial justice.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt079464
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01092299
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt046691
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07655
IRS990/PYRevenuesLessExpensesAmt0769019
IRS990/PYSalariesCompEmpBnftPaidAmt0284244
IRS990/PYTotalExpensesAmt0330935
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01099954
IRS990/ReconcilationRevenueExpnssAmt0110343
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08077
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0485988
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Miscellaneous Revenue
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01163280
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01092299
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt052398
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02307977
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0376
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0376
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt017066
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0639
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0639
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01718856
IRS990ScheduleA/SubstantialContributorsTotAmt0589121
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01163280
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01092299
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt052398
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02307977
IRS990ScheduleA/TotalSupportAmt02308992
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/DirectContactLegislatorsAmt025550
IRS990ScheduleC/DirectContactLegislatorsInd01
IRS990ScheduleC/GrantsOtherOrganizationsInd00
IRS990ScheduleC/MailingsMembersInd00
IRS990ScheduleC/MediaAdvertisementsInd00
IRS990ScheduleC/NotDescribedSection501c3Ind00
IRS990ScheduleC/OtherActivitiesInd00
IRS990ScheduleC/PaidStaffOrManagementInd01
IRS990ScheduleC/PublicationsOrBroadcastInd00
IRS990ScheduleC/RalliesDemonstrationsAmt043200
IRS990ScheduleC/RalliesDemonstrationsInd01
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0Faith in Texas conducts educational meetings, prepare and distribute educational materials, or otherwise consider public policy issues in an educational manner without jeopardizing our tax-exempt status. Lobby hours and budgets are not to exceed 25% of the organization's work. Any lobbying hours are tracked using a Lobby Log. The office expenses were $16,500 and the travel and meeting expenses were $33,200. Compensation for paid staff was $19,050.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule C, Part II-B, Line 1
IRS990ScheduleC/TotalLobbyingExpendituresAmt068750
IRS990ScheduleC/VolunteersInd01

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