Civic Intelligence

Desoto County Foundation for Excellence in Education Inc.

990EZ • Fiscal year 2017 • EIN 58-1927983

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 11, 2018

316 West Commerce StreetHernando, MS 38632

(662) 429-4414

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 2017

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2017

Net Margin

59th percentile

7.8%

Higher net margin than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

85th percentile

53%

Faster asset growth than 85% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-13%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$18,668

Up $6,465 (+53%) from 2016

Net Assets

Up

$18,668

Up $6,465 (+53%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$82,849

Down $12,919 (-13%) from 2016

Expenses

Down

$76,384

Down $21,483 (-22%) from 2016

Net Income

Up

$6,465

Up $8,564 (+408%) from 2016

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2010: $20,173Net Assets 2010: $20,1732010Assets 2011: $21,465Net Assets 2011: $21,4652011Assets 2012: $12,511Net Assets 2012: $12,5112012Assets 2013: $13,687Net Assets 2013: $13,6872013Assets 2014: $9,833Net Assets 2014: $9,8332014Assets 2015: $14,300Net Assets 2015: $14,3002015Assets 2016: $12,203Net Assets 2016: $12,2032016Assets 2017: $18,668Net Assets 2017: $18,6682017Assets 2018: $23,416Net Assets 2018: $23,4162018Assets 2019: $16,219Net Assets 2019: $16,2192019Assets 2020: $18,619Net Assets 2020: $18,6192020Assets 2021: $5,972Net Assets 2021: $5,9722021Assets 2022: $2,395Liabilities 2022: $02022Assets 2023: $12,200Liabilities 2023: $02023

Highlighted filing

2017

Assets$18,668
Liabilities-
Net Assets$18,668

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $75,054Expenses 2010: $61,281Net Income 2010: $13,7732010Revenue 2011: $108,825Expenses 2011: $107,533Net Income 2011: $1,2922011Revenue 2012: $90,997Expenses 2012: $99,951Net Income 2012: -$8,9542012Revenue 2013: $94,495Expenses 2013: $93,319Net Income 2013: $1,1762013Revenue 2014: $98,023Expenses 2014: $101,877Net Income 2014: -$3,8542014Revenue 2015: $88,818Expenses 2015: $84,351Net Income 2015: $4,4672015Revenue 2016: $95,768Expenses 2016: $97,867Net Income 2016: -$2,0992016Revenue 2017: $82,849Expenses 2017: $76,384Net Income 2017: $6,4652017Revenue 2018: $87,803Expenses 2018: $83,055Net Income 2018: $4,7482018Revenue 2019: $62,034Expenses 2019: $69,231Net Income 2019: -$7,1972019Revenue 2020: $45,999Expenses 2020: $43,599Net Income 2020: $2,4002020Revenue 2021: $61,487Expenses 2021: $74,134Net Income 2021: -$12,6472021Revenue 2022: $47,809Expenses 2022: $51,385Net Income 2022: -$3,5762022Revenue 2023: $53,030Expenses 2023: $43,224Net Income 2023: $9,8062023

Highlighted filing

2017

Revenue$82,849
Expenses$76,384
Net Income$6,465
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 11, 2018
Return Version
2017v2.3
Gross Receipts
$82,849
Mission and Program Overview

Mission

The desoto county foundation for excellence in education's main objective is to identify, support and promote education at all levels in desoto county. They receive and distribute grants and scholarships to teachers and students across desoto county. They promote partnerships between the community and classrooms through grant programs. The salute to education program annually recognizes individuals in education who excel in education.

Program Services

DescriptionGrantsExpenses
THE DESOTO COUNTY FOUNDATION FOR EXCELLENCE IN EDUCATION'S MAIN OBJECTIVE IS TO IDENTIFY, SUPPORT AND PROMOTE EDUCATION AT ALL LEVELS IN DESOTO COUNTY. THEY RECEIVE AND DISTRIBUTE GRANTS AND SCHOLARSHIPS TO TEACHERS AND STUDENTS ACROSS DESOTO COUNTY. THEY PROMOTE PARTNERSHIPS BETWEEN THE COMMUNITY AND CLASSROOMS THROUGH GRANT PROGRAMS. THE SALUTE TO EDUCATION PROGRAM ANNUALLY RECOGNIZES INDIVIDUALS IN EDUCATION WHO EXCEL IN EDUCATION.$59,373$74,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JIM FLANAGANExecutive Di-$0--
SHAWN CLAYTONChariman-$0--
ALESIA HISEVice Chairma-$0--
JAMES HUFFMANTreasurer-$0--
DAVID FOELLSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Desoto County Foundation for
EIN
58-1927983
Phone
6624294414
Address
316 WEST COMMERCE STREET, HERNANDO, MS 38632

Signing Officer

Name
Shawn Clayton
Title
Chariman
Phone
6624294414
Signed
2018-06-11
Discuss with paid preparer
Yes

Preparer

Firm
Williams Pitts & Beard Pllc
Address
2042 MCINGVALE RD STE A, HERNANDO, MS 38632-8706
Preparer
Rebecca a Beard
Phone
6624294436
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: desoto county schools cash contribution: 59,373

Form 990-ez, Part I, Line 16

Expenses 959 council admin fee 12,500 scholarships 1,000 total 14,459

Form 990-ez, Part III

The desoto county foundation for excellence in education's main objective is to identify, support and promote education at all levels in desoto county. They receive and distribute grants and scholarships to teachers and students across desoto county. They promote partnerships between the community and classrooms through grant programs. The salute to education program annually recognizes individuals in education who excel in education.

Form 990-ez, Part III, Line 28

The desoto county foundation for excellence in education's main objective is to identify, support and promote education at all levels in desoto county. They receive and distribute grants and scholarships to teachers and students across desoto county. They promote partnerships between the community and classrooms through grant programs. The salute to education program annually recognizes individuals in education who excel in education.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DESOTO COUNTY FOUNDATION FOR EXCELLENCE IN EDUCATION'S MAIN OBJECTIVE IS TO IDENTIFY, SUPPORT AND PROMOTE EDUCATION AT ALL LEVELS IN DESOTO COUNTY. THEY RECEIVE AND DISTRIBUTE GRANTS AND SCHOLARSHIPS TO TEACHERS AND STUDENTS ACROSS DESOTO COUNTY. THEY PROMOTE PARTNERSHIPS BETWEEN THE COMMUNITY AND CLASSROOMS THROUGH GRANT PROGRAMS. THE SALUTE TO EDUCATION PROGRAM ANNUALLY RECOGNIZES INDIVIDUALS IN EDUCATION WHO EXCEL IN EDUCATION.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.12$0.00$0.53$0.43$0.10
2022Summary only. Only limited summary data is available for this year.$0.02$0.00$0.48$0.51$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.06$0.06$0.61$0.74$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.19$0.46$0.44$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.16$0.62$0.69$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.23$0.23$0.88$0.83$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.83$0.76$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.12$0.96$0.98$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.89$0.84$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.10$0.10$0.98$1.02$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.14$0.14$0.94$0.93$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.13$0.91$1.00$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.21$1.09$1.08$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.20$0.75$0.61$0.14