Civic Intelligence

Coastal Bend Disaster Recovery Group

990 • Fiscal year 2018 • EIN 47-5463138

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 11, 2019

111 N OdemSinton, TX 78387

(361) 857-5005

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

66th percentile

0.22x

Higher debt load relative to revenue than 66% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

36th percentile

-1.1%

Higher net margin than 36% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$64,445

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

99th percentile

1118%

Faster asset growth than 99% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

100th percentile

3012%

Faster revenue growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$819,484

Up $752,189 (+1118%) from 2017

Net Assets

Down

$28,096

Down $39,199 (-58%) from 2017

Liabilities

Up

$791,388

Up $791,388 from 2017

Revenue

Up

$3,541,214

Up $3,427,419 (+3012%) from 2017

Expenses

Up

$3,580,413

Up $3,524,249 (+6275%) from 2017

Net Income

Down

-$39,199

Down $96,830 (-168%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2017: $67,295Liabilities 2017: $0Net Assets 2017: $67,2952017Assets 2018: $819,484Liabilities 2018: $791,388Net Assets 2018: $28,0962018Assets 2019: $282,002Liabilities 2019: $252,786Net Assets 2019: $29,2162019Assets 2020: $325,292Liabilities 2020: $286,271Net Assets 2020: $39,0212020Assets 2021: $204,950Liabilities 2021: $166,432Net Assets 2021: $38,5182021Assets 2022: $77,998Liabilities 2022: $38,572Net Assets 2022: $39,4262022Assets 2023: $89,293Liabilities 2023: $8,250Net Assets 2023: $81,0432023Assets 2024: $109,391Liabilities 2024: $376Net Assets 2024: $109,0152024

Highlighted filing

2018

Assets$819,484
Liabilities$791,388
Net Assets$28,096

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $113,795Expenses 2017: $56,164Net Income 2017: $57,6312017Revenue 2018: $3,541,214Expenses 2018: $3,580,413Net Income 2018: -$39,1992018Revenue 2019: $3,713,450Expenses 2019: $3,712,331Net Income 2019: $1,1192019Revenue 2020: $1,937,350Expenses 2020: $1,927,544Net Income 2020: $9,8062020Revenue 2021: $1,107,502Expenses 2021: $1,108,005Net Income 2021: -$5032021Revenue 2022: $315,202Expenses 2022: $314,295Net Income 2022: $9072022Revenue 2023: $214,648Expenses 2023: $173,031Net Income 2023: $41,6172023Revenue 2024: $138,126Expenses 2024: $110,154Net Income 2024: $27,9722024

Highlighted filing

2018

Revenue$3,541,214
Expenses$3,580,413
Net Income-$39,199
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 11, 2019
Return Version
2018v3.0
Gross Receipts
$3,541,214
Mission and Program Overview

Mission

Coastal Bend Disaster Recovery Group is an established network of businesses, non-profit, faith-based and government organizations partnering to support long term disaster recovery efforts in the 11 counties of the Coastal Bend.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$3,830$394,393▲ $390,563
Cash and Non-Interest-Bearing Accounts$61,008$383,170▲ $322,162
Land, Buildings, and Equipment, Net$2,457$40,271▲ $37,814
Prepaid Expenses and Deferred Charges$0$1,650▲ $1,650
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$67,295$819,484▲ $752,189
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$0$676,083▲ $676,083
Accounts Payable and Accrued Expenses$0$115,305▲ $115,305
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$791,388▲ $791,388
Net Assets / Fund Balance
Unrestricted Net Assets$67,295$27,756▼ $39,539
Temporarily Rstr Net Assets$0$340▲ $340
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$67,295$28,096▼ $39,199
Total Liabilities and Net Assets / Fund Balance$67,295$819,484▲ $752,189

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$1,820$0$0
Land$0-$0
Equipment$38,451$10,835$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Warren PhippsExec DirectorFT$64,445$64,445

Board Members and Trustees

NameTitle
Rev Beth TatumPresident
Donna RossonVice President
Chris PerkinsBoard Member
Alex GarciaDirector
Billy DelgadoDirector
Gustavo PerezDirector
Howard GillespieDirector
John JacksonDirector
Margie GonzalesDirector
Robert Blaschke JudgeDirector
Robert James ThomasDirector
Danielle HaleEx Officio
Sandy PinaireSecretary
Michelle MynierTreasuer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,540,350
Program Service Revenue
$0
Investment Income
$864
Other Revenue
$0
All Other Contributions
$3,540,350
Change in Net Assets
$-39,199

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,540,350
Revenue Not Reported on Financial Statements
$864
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$3,540,350
Total Revenue per Form 990
$3,541,214
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,142,383
Salaries, Compensation, and Employee Benefits$242,764
Other Expenses$192,986
Total Fundraising Expense$65,879
Professional Fundraising Fees$2,280

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,142,383--$3,142,383
Other Salaries and Wages$127,573$9,263$0$136,836
Current Officers, Directors, Trustees, and Key Employees$64,445$22,072$0$86,517
Advertising$0$0$63,599$63,599
Travel$34,577$4,022$0$38,599
Fees for Services Accounting$24,595$4,284$0$28,879
Payroll Taxes$11,358$8,053$0$19,411
Occupancy$9,424$9,424$0$18,848
Office Expenses$4,066$11,739$0$15,805
Information Technology$12,317$1,082$0$13,399
Depreciation Depletion$10,221$0$0$10,221
Insurance$3,636$0$0$3,636
Fees for Services Professional Fundraising--$2,280$2,280
Total Functional Expenses$3,444,595$69,939$65,879$3,580,413

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,580,413
Total Expenses per Audited Statements$3,580,413
Total Expenses per Form 990$3,580,413
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$2,280
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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 audit and the financials and the tax return are presented to the Board of Directors for approval

Form 990, Part VI, Section B, Line 12C

At each meeting of the board or a committee, any conflicts of interest are requested

Form 990, Part VI, Section B, Line 15

All are approved by the executive director

Form 990, Part VI, Section C, Line 19

Upon written request

Filing and Contact Details

Filer

Filer Name
Coastal Bend Disaster Recovery Group
EIN
47-5463138
Phone
3618575005
Address
111 N Odem, Sinton, TX 78387

Signing Officer

Name
Beth Tatum
Title
President
Phone
3618575005
Signed
2019-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Warren Phipps
Formed
2017
Legal Domicile
TX
Voting Board Members
13
Independent Board Members
13
Employees
11
Volunteers
500

Preparer

Firm
S Noel Snedeker II CPA
Address
PO Box 974, Taft, TX 78380
Preparer
S Noel Snedeker
Phone
3619607610
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IRS990/MissionDesc0Coastal Bend Disaster Recovery Group is an established network of businesses, non-profit, faith-based and government organizations partnering to support long term disaster recovery efforts in the 11 counties of the Coastal Bend.
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