Civic Intelligence

Linacre Inc.

990 • Fiscal year 2022 • EIN 68-0616371

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

15510 Wildwood TraceMagnolia, TX 77354

(713) 906-3750

Siviq Scores

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

Liabilities / Assets

54th percentile

0.08x

Higher debt load relative to assets than 54% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

41st percentile

2.7%

Higher net margin than 41% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

59th percentile

5.1%

Faster asset growth than 59% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

82nd percentile

50%

Faster revenue growth than 82% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,257,418

Up $60,908 (+5.1%) from 2021

Net Assets

Up

$1,155,874

Up $61,167 (+5.6%) from 2021

Liabilities

Down

$101,544

Down $259 (-0.3%) from 2021

Revenue

Up

$2,268,727

Up $756,521 (+50%) from 2021

Expenses

Up

$2,207,560

Up $867,387 (+65%) from 2021

Net Income

Down

$61,167

Down $110,866 (-64%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $728,289Liabilities 2011: $67,084Net Assets 2011: $661,2062011Assets 2012: $675,254Liabilities 2012: $60,858Net Assets 2012: $614,3952012Assets 2013: $477,658Liabilities 2013: $72,794Net Assets 2013: $404,8642013Assets 2014: $1,712,943Liabilities 2014: $86,440Net Assets 2014: $1,626,5022014Assets 2015: $1,214,742Liabilities 2015: $126,962Net Assets 2015: $1,087,7802015Assets 2016: $1,162,820Liabilities 2016: $115,224Net Assets 2016: $1,047,5962016Assets 2018: $689,419Liabilities 2018: $112,351Net Assets 2018: $577,0682018Assets 2019: $717,016Liabilities 2019: $101,713Net Assets 2019: $615,3032019Assets 2020: $959,710Liabilities 2020: $101,713Net Assets 2020: $857,9972020Assets 2021: $1,196,510Liabilities 2021: $101,803Net Assets 2021: $1,094,7072021Assets 2022: $1,257,418Liabilities 2022: $101,544Net Assets 2022: $1,155,8742022Assets 2023: $1,554,432Liabilities 2023: $101,085Net Assets 2023: $1,453,3472023Assets 2024: $1,946,579Liabilities 2024: $101,697Net Assets 2024: $1,844,8822024

Highlighted filing

2022

Assets$1,257,418
Liabilities$101,544
Net Assets$1,155,874

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $832,683Expenses 2011: $1,000,069Net Income 2011: -$167,3862011Revenue 2012: $976,693Expenses 2012: $1,023,504Net Income 2012: -$46,8112012Revenue 2013: $336,191Expenses 2013: $439,466Net Income 2013: -$103,2752013Revenue 2014: $1,621,096Expenses 2014: $399,458Net Income 2014: $1,221,6382014Revenue 2015: $111,054Expenses 2015: $649,776Net Income 2015: -$538,7222015Revenue 2016: $498,817Expenses 2016: $539,000Net Income 2016: -$40,1832016Revenue 2018: $365,330Expenses 2018: $520,389Net Income 2018: -$155,0592018Revenue 2019: $867,286Expenses 2019: $829,051Net Income 2019: $38,2352019Revenue 2020: $724,399Expenses 2020: $481,705Net Income 2020: $242,6942020Revenue 2021: $1,512,206Expenses 2021: $1,340,173Net Income 2021: $172,0332021Revenue 2022: $2,268,727Expenses 2022: $2,207,560Net Income 2022: $61,1672022Revenue 2023: $1,454,631Expenses 2023: $1,157,158Net Income 2023: $297,4732023Revenue 2024: $1,823,280Expenses 2024: $1,431,745Net Income 2024: $391,5352024

Highlighted filing

2022

Revenue$2,268,727
Expenses$2,207,560
Net Income$61,167
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$2,268,727
Mission and Program Overview

Mission

To provide support to other Not-for-profit relief and development organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$567,705$668,995▲ $101,290
Receivables From Officers Etc$278,933$319,256▲ $40,323
Cash and Non-Interest-Bearing Accounts$279,872$199,167▼ $80,705
Investments Other Securities$70,000$70,000→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,196,510$1,257,418▲ $60,908
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$101,803$101,544▼ $259
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$101,803$101,544▼ $259
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,094,707$1,155,874▲ $61,167
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,094,707$1,155,874▲ $61,167
Total Liabilities and Net Assets / Fund Balance$1,196,510$1,257,418▲ $60,908

Asset Categories

AssetBook ValueDepreciationBasis
Closely Held Equity Interests$70,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
James ClarkPresident
Ted OldhamBoard Member
Tom ReiserBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$2,254,000
Program Service Revenue
$0
Investment Income
$14,727
Other Revenue
$0
All Other Contributions
$2,254,000
Change in Net Assets
$61,167

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,268,727
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$2,268,727
Total Revenue per Form 990
$2,268,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,053,468
Total Fundraising Expense$165,190
Grants and Similar Amounts Paid$141,240
Salaries, Compensation, and Employee Benefits$12,852
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Travel$350,767$0$0$350,767
Grants to Domestic Orgs$141,240--$141,240
Occupancy$0$48,000$0$48,000
All Other Expenses$0$23,641$0$23,641
Other Expenses$0$22,643$0$22,643
Insurance$0$16,726$0$16,726
Other Salaries and Wages$0$12,388$0$12,388
Interest$0$7,980$0$7,980
Office Expenses$0$3,324$0$3,324
Payroll Taxes$0$464$0$464
Total Functional Expenses$1,907,204$135,166$165,190$2,207,560

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,207,560
Total Expenses per Audited Statements$2,207,560
Total Expenses per Form 990$2,207,560
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Allegro Organizational Solutions IncHouston, TX501(c)(3)Provide support for relief and development$85,000
Antioch PartnersHouston, TX501(c)(3)Provide support for relief and development$12,000
Star of HopeHouston, TX501(c)(3)Provide support for relief and development$12,000
THSC IncLubbock, TX501(c)(3)Provide support for relief and development$10,000
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
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$278,933$319,256▲ $40,323
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
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
Yes
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

Governance Explanations

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

Form 990 is emailed to all governing members before it is filed with the IRS

Form 990, Part VI, Section B, Line 15

Compensation for these individuals is determined using a matrix devised by the applicable director of the area. Variables included in the matrix include personnel reviews, levels of experience, Department of Labor standards, comparable salaries, etc.

Form 990, Part VI, Section C, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Linacre Inc
EIN
68-0616371
Phone
7139063750
Address
15510 Wildwood Trace, Magnolia, TX 77354

Signing Officer

Name
James Clark
Title
President
Phone
7139063750
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Clark
Formed
2005
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
2
Employees
2
Volunteers
0

Preparer

Firm
Kenneth Alger CPA
Address
2042 Goldsmith St, Houston, TX 77030
Preparer
Kenneth Alger
Phone
7132444617
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IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt1165190
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt222643
IRS990/OtherExpensesGrp/ProgramServicesAmt01415197
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt01415197
IRS990/OtherExpensesGrp/TotalAmt1165190
IRS990/OtherExpensesGrp/TotalAmt222643
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt012388
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt012388
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0464
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt0464
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0James Clark
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01467000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0320200
IRS990/PYInvestmentIncomeAmt045206
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01019421
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0172033
IRS990/PYSalariesCompEmpBnftPaidAmt0552
IRS990/PYTotalExpensesAmt01340173
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01512206
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0278933
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0319256
IRS990/ReconcilationRevenueExpnssAmt061167
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
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/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02254000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01467000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0649025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0821856
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0365330
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05557211
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt014727
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt045206
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt075375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt045430
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0180738
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt014727
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt045206
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt075375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt045430
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0180738
IRS990ScheduleA/InvestmentIncomeCYPct00.03150
IRS990ScheduleA/InvestmentIncomePYPct00.04940
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96850
IRS990ScheduleA/PublicSupportPY509Pct00.95060
IRS990ScheduleA/PublicSupportTotal509Amt05557211
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02254000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01467000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0649025
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0821856
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0365330
IRS990ScheduleA/Total509Grp/TotalAmt05557211
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02268727
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01512206
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0724400
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0867286
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0365330
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05737949
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt070000
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00

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