Civic Intelligence

Permian Basin Catholic High School

990 • Fiscal year 2021 • EIN 47-4189121

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 24, 2022

2000 West Texas AveMidland, TX 79701

(888) 254-8535

Siviq Scores

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

Liabilities / Assets

77th percentile

0.35x

Higher debt load relative to assets than 77% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.82x

Higher debt load relative to revenue than 85% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

17th percentile

-8.0%

Higher net margin than 17% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

80th percentile

33%

Faster asset growth than 80% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

78th percentile

55%

Faster revenue growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,137,423

Up $534,612 (+33%) from 2020

Net Assets

Down

$1,395,954

Down $72,157 (-4.9%) from 2020

Liabilities

Up

$741,469

Up $606,769 (+450%) from 2020

Revenue

Up

$900,797

Up $317,807 (+55%) from 2020

Expenses

Up

$972,955

Up $320,123 (+49%) from 2020

Net Income

Down

-$72,158

Down $2,316 (-3.3%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $80,756Liabilities 2016: $0Net Assets 2016: $80,7562016Assets 2017: $25,828Liabilities 2017: $0Net Assets 2017: $25,8282017Assets 2018: $118,137Liabilities 2018: $0Net Assets 2018: $118,1372018Assets 2019: $1,537,952Liabilities 2019: $0Net Assets 2019: $1,537,9522019Assets 2020: $1,602,811Liabilities 2020: $134,700Net Assets 2020: $1,468,1112020Assets 2021: $2,137,423Liabilities 2021: $741,469Net Assets 2021: $1,395,9542021Assets 2022: $3,130,335Liabilities 2022: $682,778Net Assets 2022: $2,447,5572022Assets 2023: $2,399,490Liabilities 2023: $1,130,432Net Assets 2023: $1,269,0582023

Highlighted filing

2021

Assets$2,137,423
Liabilities$741,469
Net Assets$1,395,954

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $96,626Expenses 2016: $15,870Net Income 2016: $80,7562016Revenue 2017: $53,241Expenses 2017: $108,169Net Income 2017: -$54,9282017Revenue 2018: $124,730Expenses 2018: $32,422Net Income 2018: $92,3082018Revenue 2019: $1,934,483Expenses 2019: $514,667Net Income 2019: $1,419,8162019Revenue 2020: $582,990Expenses 2020: $652,832Net Income 2020: -$69,8422020Revenue 2021: $900,797Expenses 2021: $972,955Net Income 2021: -$72,1582021Revenue 2022: $3,122,507Expenses 2022: $2,070,904Net Income 2022: $1,051,6032022Revenue 2023: $4,002,395Expenses 2023: $4,919,159Net Income 2023: -$916,7642023

Highlighted filing

2021

Revenue$900,797
Expenses$972,955
Net Income-$72,158
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 24, 2022
Return Version
2020v4.1
Gross Receipts
$900,797
Mission and Program Overview

Mission

The mission of the PBCHS is to be a

The mission of the PBCHS is to be a beacon of excellent Catholic education for the youth of the Permian Basin. We challenge each student to live as a Christian witness in service to others. We form

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,154,065$1,158,034▲ $3,969
Accounts Receivable-$725,833-
Cash and Non-Interest-Bearing Accounts$3,083$74,419▲ $71,336
Total Assets$1,602,811$2,137,423▲ $534,612
Other Assets Total$445,663$179,137▼ $266,526
Liabilities
Unsecured Notes Loans Payable$134,700$737,701▲ $603,001
Accounts Payable and Accrued Expenses-$3,768-
Total Liabilities$134,700$741,469▲ $606,769
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,468,111$1,395,953▼ $72,158
Net Assets With Donor Restrictions-$1-
Total Net Assets Fund Balance$1,468,111$1,395,954▼ $72,157
Total Liabilities and Net Assets / Fund Balance$1,602,811$2,137,423▲ $534,612

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$179,137--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bradley GibsonPresident
Roy RamirezV-president
Bishop Michael SisBoard Member
Don TomlinBoard Member
Jamie RamosBoard Member
Joan WilmesBoard Member
John LandgrafBoard Member
Mike CannonBoard Member
Natalie SledgeBoard Member
Susan SweenyBoard Member
Father Freddy PerezEducation Director
Andrew HohenbergerSecretary
Jim CoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$629,117
Program Service Revenue
$269,728
Investment Income
$1,952
Other Revenue
$0
All Other Contributions
$628,767
Change in Net Assets
$-72,158
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$504,259
Other Expenses$468,696
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$394,164$0$0$394,164
All Other Expenses$179,782$0$0$179,782
Insurance$169,421$0$0$169,421
Payroll Taxes$110,095$0$0$110,095
Office Expenses$61,811$0$0$61,811
Occupancy$33,566$0$0$33,566
Information Technology$19,071$0$0$19,071
Advertising$2,628$0$0$2,628
Total Functional Expenses$972,955$0$0$972,955
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Permian Basin Catholic High School
EIN
47-4189121
Phone
8882548535
Address
2000 WEST TEXAS AVE, MIDLAND, TX 79701
Doing Business As
Holy Cross Catholic High School

Signing Officer

Name
Jim Cox
Title
Treasurer
Phone
8882548535
Signed
2022-01-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Cox
Formed
2015
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
10
Volunteers
25

Preparer

Firm
Ron Kirby CPA
Address
2626 JBS PKWY STE B 200, ODESSA, TX 79761
Preparer
Ron Kirby
Phone
4325502708
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

A copy of the form 990 is reviewed by the board and made available after its filing.

Pt XI

rounding differences caused totals to be off by $1

Form 990, Part IX, Line 24E

Athletic expenses 8126. 8126. 0. 0.

Form 990, Part IX, Line 24E

Supplies 21938. 21938. 0. 0.

Form 990, Part IX, Line 24E

Textbooks 436. 436. 0. 0.

Form 990, Part IX, Line 24E

SCHOLARSHIPS 0. 0. 0. 0.

Form 990, Part IX, Line 24E

Professional development 966. 966. 0. 0.

Form 990, Part IX, Line 24E

Utilities 17589. 17589. 0. 0.

Form 990, Part IX, Line 24E

Custodial 873. 873. 0. 0.

Form 990, Part IX, Line 24E

Auto expenses 318. 318. 0. 0.

Form 990, Part IX, Line 24E

Contract labor 3213. 3213. 0. 0.

Form 990, Part IX, Line 24E

FUEL 2109. 2109. 0. 0.

Form 990, Part IX, Line 24E

COVID PPE 54. 54. 0. 0.

Form 990, Part IX, Line 24E

Equipment rentals 1961. 1961. 0. 0.

Form 990, Part IX, Line 24E

Meals and entertainment 1337. 1337. 0. 0.

Form 990, Part IX, Line 24E

Taxes and licenses 800. 800. 0. 0.

Form 990, Part IX, Line 24E

Testing fees 678. 678. 0. 0.

Form 990, Part IX, Line 24E

Teaching materials 2581. 2581. 0. 0.

Form 990, Part IX, Line 24E

Water well repairs and ma 19985. 19985. 0. 0.

Form 990, Part IX, Line 24E

Event planning 1707. 1707. 0. 0.

Form 990, Part IX, Line 24E

Black and gold ball expen 73761. 73761. 0. 0.

Form 990, Part IX, Line 24E

Capital campaign expenses 21350. 21350. 0. 0.

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IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt00
IRS990/OtherExpensesGrp/TotalAmt10
IRS990/OtherExpensesGrp/TotalAmt22417
IRS990/OtherExpensesGrp/TotalAmt30
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0394164
IRS990/OtherSalariesAndWagesGrp/TotalAmt0394164
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0110095
IRS990/PayrollTaxesGrp/TotalAmt0110095
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JIM COX
IRS990/PriorPeriodAdjustmentsAmt01
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611699
IRS990/ProgramServiceRevenueGrp/BusinessCd1611699
IRS990/ProgramServiceRevenueGrp/Desc0TUITION REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1OPERATIONS INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0122846
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1146882
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0539615
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0239
IRS990/PYOtherExpensesAmt0444393
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt043136
IRS990/PYRevenuesLessExpensesAmt0-69842
IRS990/PYSalariesCompEmpBnftPaidAmt0208439
IRS990/PYTotalExpensesAmt0652832
IRS990/PYTotalRevenueAmt0582990
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-72158
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0350
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0972955
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01154065
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01158034
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0179137
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0179137
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy of the form 990 is reviewed by the board and made available after its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1rounding differences caused totals to be off by $1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ATHLETIC EXPENSES 8126. 8126. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES 21938. 21938. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TEXTBOOKS 436. 436. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SCHOLARSHIPS 0. 0. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PROFESSIONAL DEVELOPMENT 966. 966. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UTILITIES 17589. 17589. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8CUSTODIAL 873. 873. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9AUTO EXPENSES 318. 318. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CONTRACT LABOR 3213. 3213. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FUEL 2109. 2109. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12COVID PPE 54. 54. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13EQUIPMENT RENTALS 1961. 1961. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14MEALS AND ENTERTAINMENT 1337. 1337. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15TAXES AND LICENSES 800. 800. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16TESTING FEES 678. 678. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17TEACHING MATERIALS 2581. 2581. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18WATER WELL REPAIRS AND MA 19985. 19985. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19EVENT PLANNING 1707. 1707. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20BLACK AND GOLD BALL EXPEN 73761. 73761. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21CAPITAL CAMPAIGN EXPENSES 21350. 21350. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false

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