Civic Intelligence

Demopolis City Schools Foundation Inc.

990 • Fiscal year 2018 • EIN 63-1114358

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 06, 2018

P O Box 1338Demopolis, AL 36732

(334) 289-2226

Siviq Scores

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

Liabilities / Assets

21st percentile

0.00x

Higher debt load relative to assets than 21% of similar nonprofits.

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

Liabilities / Revenue

29th percentile

0.03x

Higher debt load relative to revenue than 29% of similar nonprofits.

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

Net Margin

90th percentile

45%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

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

Asset Growth

65th percentile

6.3%

Faster asset growth than 65% of similar nonprofits.

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

Revenue Growth

26th percentile

-6.4%

Faster revenue growth than 26% of similar nonprofits.

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

Assets

Up

$1,291,315

Up $76,892 (+6.3%) from 2017

Net Assets

Up

$1,287,003

Up $74,800 (+6.2%) from 2017

Liabilities

Up

$4,312

Up $2,092 (+94%) from 2017

Revenue

Down

$167,083

Down $11,489 (-6.4%) from 2017

Expenses

Down

$92,283

Down $11,344 (-11%) from 2017

Net Income

Down

$74,800

Down $145 (-0.2%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $773,321Liabilities 2011: $2,151Net Assets 2011: $771,1702011Assets 2012: $767,112Liabilities 2012: $2,737Net Assets 2012: $764,3752012Assets 2013: $887,546Liabilities 2013: $1,216Net Assets 2013: $886,3302013Assets 2014: $1,030,172Liabilities 2014: $1,545Net Assets 2014: $1,028,6272014Assets 2015: $1,087,495Liabilities 2015: $1,534Net Assets 2015: $1,085,9612015Assets 2016: $1,141,789Liabilities 2016: $4,531Net Assets 2016: $1,137,2582016Assets 2017: $1,214,423Liabilities 2017: $2,220Net Assets 2017: $1,212,2032017Assets 2018: $1,291,315Liabilities 2018: $4,312Net Assets 2018: $1,287,0032018Assets 2019: $1,367,137Liabilities 2019: $1,651Net Assets 2019: $1,365,4862019Assets 2020: $1,332,968Liabilities 2020: $10,190Net Assets 2020: $1,322,7782020Assets 2021: $1,648,169Liabilities 2021: $4,481Net Assets 2021: $1,643,6882021Assets 2022: $1,597,960Liabilities 2022: $4,173Net Assets 2022: $1,593,7872022Assets 2023: $1,745,276Liabilities 2023: $4,918Net Assets 2023: $1,740,3582023Assets 2024: $1,921,084Liabilities 2024: $2,477Net Assets 2024: $1,918,6072024Assets 2025: $2,042,249Liabilities 2025: $2,571Net Assets 2025: $2,039,6782025

Highlighted filing

2018

Assets$1,291,315
Liabilities$4,312
Net Assets$1,287,003

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $170,689Expenses 2011: $141,212Net Income 2011: $29,4772011Expenses 2012: $103,8752012Revenue 2013: $214,814Expenses 2013: $92,859Net Income 2013: $121,9552013Revenue 2014: $253,999Expenses 2014: $111,702Net Income 2014: $142,2972014Revenue 2015: $155,545Expenses 2015: $98,211Net Income 2015: $57,3342015Revenue 2016: $149,099Expenses 2016: $97,802Net Income 2016: $51,2972016Revenue 2017: $178,572Expenses 2017: $103,627Net Income 2017: $74,9452017Revenue 2018: $167,083Expenses 2018: $92,283Net Income 2018: $74,8002018Revenue 2019: $181,137Expenses 2019: $102,654Net Income 2019: $78,4832019Revenue 2020: $89,486Expenses 2020: $132,194Net Income 2020: -$42,7082020Revenue 2021: $161,343Expenses 2021: $91,387Net Income 2021: $69,9562021Revenue 2022: $223,764Expenses 2022: $134,557Net Income 2022: $89,2072022Revenue 2023: $180,905Expenses 2023: $97,633Net Income 2023: $83,2722023Revenue 2024: $190,551Expenses 2024: $111,106Net Income 2024: $79,4452024Revenue 2025: $263,711Expenses 2025: $137,478Net Income 2025: $126,2332025

Highlighted filing

2018

Revenue$167,083
Expenses$92,283
Net Income$74,800
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 6, 2018
Return Version
2017v2.3
Gross Receipts
$167,083
Mission and Program Overview

Mission

Support public education in demopolis city school system

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$692,874$773,354▲ $80,480
Investments Other Securities$411,088$434,697▲ $23,609
Cash and Non-Interest-Bearing Accounts$92,099$65,591▼ $26,508
Pledges and Grants Receivable$17,836$16,728▼ $1,108
Land, Buildings, and Equipment, Net$68--
Total Assets$1,214,423$1,291,315▲ $76,892
Other Assets Total$458$945▲ $487
Liabilities
Accounts Payable and Accrued Expenses$2,220$4,312▲ $2,092
Total Liabilities$2,220$4,312▲ $2,092
Net Assets / Fund Balance
Permanently Rstr Net Assets$593,035$616,121▲ $23,086
Temporarily Rstr Net Assets$320,693$407,082▲ $86,389
Unrestricted Net Assets$298,475$263,800▼ $34,675
Total Net Assets Fund Balance$1,212,203$1,287,003▲ $74,800
Total Liabilities and Net Assets / Fund Balance$1,214,423$1,291,315▲ $76,892

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$6,284$6,284
Other Securities$58,594--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$1,258,855$41,846▲ $84,749-$1,385,450
2016$1,182,399$13,416▲ $102,897-$1,258,855
2015$1,063,566$35,657▲ $32,608-$1,182,399
2014$937,273$25,721▲ $25,659-$1,063,566
2013$781,192$63,177▲ $75,347-$937,273
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sarah Chandler HallmarkPresident
Alejandro PerezBoard Member
Amie MillerBoard Member
Ashkey CoplinBoard Member
Becky HolleyBoard Member
Bill MeadorBoard Member
Billy CoplinBoard Member
Brandon KiserBoard Member
Burnquetta JohnsonBoard Member
Charles SingletonBoard Member
Claud NeilsonBoard Member
Conrad MurdockBoard Member
Diane BrookerBoard Member
Doug BrewerBoard Member
Eddie LomaxBoard Member
Jennifer JordanBoard Member
Jimmy LeeBoard Member
Joe ParrBoard Member
John LaneyBoard Member
Kelley HelmsBoard Member
Kim Easley-bellBoard Member
Kris MullinsBoard Member
Kyle KallhoffBoard Member
Lauren WashburnBoard Member
Olen KerbyBoard Member
Pete ReynoldsBoard Member
Robert BlankenshipBoard Member
Scott FreemanBoard Member
Sidney FreemanBoard Member
Stephanie PittmanBoard Member
Paul MillerSecretary
Gabby LewisTreasurer
Kim TownsendVice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$65,514
Program Service Revenue
$0
Investment Income
$85,818
Other Revenue
$15,751
All Other Contributions
$65,514
Change in Net Assets
$74,800

Audited Revenue Reconciliation

Revenue per Audited Statements
$167,083
Total Revenue per Audited Statements
$167,083
Total Revenue per Form 990
$167,083
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$36,580
Salaries, Compensation, and Employee Benefits$28,527
Other Expenses$27,176
Total Fundraising Expense$1,407
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$36,580--$36,580
Other Salaries and Wages-$26,500-$26,500
Occupancy-$4,800-$4,800
Fees for Services Accounting-$2,500-$2,500
Payroll Taxes-$2,027-$2,027
Other Expenses$14,510$1,139$1,407$1,139
All Other Expenses-$548-$548
Office Expenses-$502-$502
Depreciation Depletion-$68-$68
Total Functional Expenses$51,090$39,786$1,407$92,283

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$92,283
Total Expenses per Audited Statements$92,283
Total Expenses per Form 990$92,283
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Demopolis City SchoolsDemopolis, AL-Program Grants$36,580
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,751
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
School Fest$14,831$14,831-$14,831
Total Events$14,831$14,831-$14,831
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
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The board consists of 35 members. Of the 35 members, 13 are standing members that come from leading businesses in the community. The other members are selected by the existing board from educators and other members of the community interested in improving the education quality of the demopolis city school system. The size and composition of the board is large enough and varied enough to represent the entire community and all board members become members of the foundation.

Form 990, Page 6, Part VI, Line 7B

All members of the board are members of the foundation. They approve all decisions of the executive committee. The executive committee approves all decisions of other committes of the foundation. There is no direct action voted on by other members of the foundation separate from the board. As noted above, the board is composed of members of the foundation.

Form 990, Page 6, Part VI, Line 11B

Copies of the return were submitted to each board member for review prior to filing by email. Each board member was given the opportunity to question any item on the return.

Form 990, Page 6, Part VI, Line 12C

The officers, board members and executive director are required to complete a conflict of interest disclosure statement annually. The board is cognizant of each member's employment outside the foundation. The board monitors committee assignments for members in light of potential conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

The executive director's salary is approved by the board through a three step process. First the budget committee prepares the budget that includes the recommended salary for the executive director. The budget is then presented to the executive committee. The executive committee approves the budget which is submitted to the full board for final approval.

Form 990, Page 6, Part VI, Line 15B

Not applicable. The foundation has only one employee that is the executive director.

Form 990, Page 6, Part VI, Line 19

All organizational documents and tax returns are available at the office of the foundation upon request.

Filing and Contact Details

Filer

Filer Name
Demopolis City Schools Foundation
EIN
63-1114358
Phone
3342892226
Address
P O BOX 1338, DEMOPOLIS, AL 36732

Signing Officer

Name
Gabby Lewis
Title
Treasurer
Phone
3342892226
Signed
2018-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah Chandler Hallmark
Formed
1993
Legal Domicile
Al
Voting Board Members
33
Independent Board Members
33
Employees
1
Volunteers
50

Preparer

Firm
Mason and Gardner Cpas
Address
PO BOX 836, DEMOPOLIS, AL 36732
Preparer
James D Gardner Jr
Phone
3342890620
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers serve on various committees and provide the man power for fund raising and other activities of the foundation.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.00$2.04$0.26$0.14$0.13
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.19$0.11$0.08
2023Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.74$0.18$0.10$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.60$0.00$1.59$0.22$0.13$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.64$0.16$0.09$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.01$1.32$0.09$0.13$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.37$0.00$1.37$0.18$0.10$0.08
2018Detailed filing. Detailed filing data is available for this year.$1.29$0.00$1.29$0.17$0.09$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.18$0.10$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$0.15$0.10$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.16$0.10$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$0.25$0.11$0.14
2013Summary only. Only limited summary data is available for this year.$0.89$0.00$0.89$0.21$0.09$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.76$0.10
2011Summary only. Only limited summary data is available for this year.$0.77$0.00$0.77$0.17$0.14$0.03
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $1M-$5M nonprofits