Civic Intelligence

Waco Industrial Foundation

990 • Fiscal year 2018 • EIN 74-1384272

Jan 01, 2018 to Dec 31, 2018 • Filed on Mar 23, 2019

Organization ProfileN/A
P O Box 1220Waco, TX 76703

(254) 757-5609

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.21x

Higher debt load relative to assets than 32% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

4.61x

Higher debt load relative to revenue than 96% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Net Margin

97th percentile

69%

Higher net margin than 97% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

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

2018 filings • 501(c)6 • $25M-$50M nonprofits • Source year 2018

Asset Growth

52nd percentile

3.1%

Faster asset growth than 52% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

95th percentile

70%

Faster revenue growth than 95% of similar nonprofits.

2018 filings • 501(c)6 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$31,760,558

Up $958,760 (+3.1%) from 2017

Net Assets

Up

$25,121,735

Up $991,450 (+4.1%) from 2017

Liabilities

Down

$6,638,823

Down $32,690 (-0.5%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin97th percentile

Revenue

Up

$1,439,586

Up $593,686 (+70%) from 2017

Expenses

Up

$448,136

Up $74,007 (+20%) from 2017

Net Income

Up

$991,450

Up $519,679 (+110%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

$80M$60M$40M$20M$0Assets 2011: $23,698,989Liabilities 2011: $1,795,624Net Assets 2011: $21,903,3652011Assets 2012: $21,991,149Liabilities 2012: $336,857Net Assets 2012: $21,654,2922012Assets 2013: $28,298,298Liabilities 2013: $6,981,409Net Assets 2013: $21,316,8892013Assets 2014: $27,890,828Liabilities 2014: $6,867,329Net Assets 2014: $21,023,4992014Assets 2015: $28,271,959Liabilities 2015: $6,723,031Net Assets 2015: $21,548,9282015Assets 2016: $30,434,203Liabilities 2016: $6,775,689Net Assets 2016: $23,658,5142016Assets 2017: $30,801,798Liabilities 2017: $6,671,513Net Assets 2017: $24,130,2852017Assets 2018: $31,760,558Liabilities 2018: $6,638,823Net Assets 2018: $25,121,7352018Assets 2019: $31,997,127Liabilities 2019: $6,721,957Net Assets 2019: $25,275,1702019Assets 2020: $39,494,673Liabilities 2020: $7,449,130Net Assets 2020: $32,045,5432020Assets 2021: $35,905,694Liabilities 2021: $541,744Net Assets 2021: $35,363,9502021Assets 2022: $38,358,817Liabilities 2022: $1,508,324Net Assets 2022: $36,850,4932022Assets 2023: $72,847,655Liabilities 2023: $20,235,521Net Assets 2023: $52,612,1342023Assets 2024: $69,885,529Liabilities 2024: $6,220,441Net Assets 2024: $63,665,0882024

Highlighted filing

2018

Assets$31,760,558
Liabilities$6,638,823
Net Assets$25,121,735
Open 2018 Filing

Operations Trend

Revenue Growth95th percentile

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $776,774Expenses 2011: $430,007Net Income 2011: $346,7672011Revenue 2012: $191,687Expenses 2012: $440,760Net Income 2012: -$249,0732012Revenue 2013: $242,675Expenses 2013: $580,078Net Income 2013: -$337,4032013Revenue 2014: $232,159Expenses 2014: $525,549Net Income 2014: -$293,3902014Revenue 2015: $938,376Expenses 2015: $412,946Net Income 2015: $525,4302015Revenue 2016: $2,505,272Expenses 2016: $395,688Net Income 2016: $2,109,5842016Revenue 2017: $845,900Expenses 2017: $374,129Net Income 2017: $471,7712017Revenue 2018: $1,439,586Expenses 2018: $448,136Net Income 2018: $991,4502018Revenue 2019: $544,895Expenses 2019: $391,460Net Income 2019: $153,4352019Revenue 2020: $7,829,338Expenses 2020: $1,058,966Net Income 2020: $6,770,3722020Revenue 2021: $3,663,149Expenses 2021: $344,740Net Income 2021: $3,318,4092021Revenue 2022: $1,900,799Expenses 2022: $394,257Net Income 2022: $1,506,5422022Revenue 2023: $16,160,426Expenses 2023: $398,785Net Income 2023: $15,761,6412023Revenue 2024: $11,867,771Expenses 2024: $814,817Net Income 2024: $11,052,9542024

Highlighted filing

2018

Revenue$1,439,586
Expenses$448,136
Net Income$991,450
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Mar 23, 2019
Return Version
2018v3.1
Gross Receipts
$3,619,881
Mission and Program Overview

Mission

Further eco dev in waco, tx area

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$25,430,875$25,562,438▲ $131,563
Cash and Non-Interest-Bearing Accounts$3,126,425$3,953,453▲ $827,028
Savings and Temporary Cash Investments$2,157,751$2,172,891▲ $15,140
Land, Buildings, and Equipment, Net$64,258$54,279▼ $9,979
Other Notes and Loans Receivable, Net$17,389$17,497▲ $108
Total Assets$30,801,798$31,760,558▲ $958,760
Other Assets Total$5,100--
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,600,000$6,600,000→ $0
Accounts Payable and Accrued Expenses$71,513$38,823▼ $32,690
Total Liabilities$6,671,513$6,638,823▼ $32,690
Net Assets / Fund Balance
Unrestricted Net Assets$24,130,285$25,121,735▲ $991,450
Total Net Assets Fund Balance$24,130,285$25,121,735▲ $991,450
Total Liabilities and Net Assets / Fund Balance$30,801,798$31,760,558▲ $958,760

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$54,279$316,761$371,040
Land$0--
Compensation and Service Providers
Top Officer Pay9th percentile

Board Members and Trustees

NameTitle
See AttachedDirectors
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$16,052
Other Revenue
$1,423,534
Change in Net Assets
$991,450

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,439,586
Total Revenue per Audited Statements
$1,439,586
Total Revenue per Form 990
$1,439,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$448,136
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$0$0$54,150
All Other Expenses$0$0$0$32,274
Interest$0$0$0$26,400
Fees for Services Accounting$0$0$0$15,680
Depreciation Depletion$0$0$0$9,979
Insurance$0$0$0$7,313
Total Functional Expenses$0$0$0$448,136

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$448,136
Total Expenses per Audited Statements$448,136
Total Expenses per Form 990$448,136
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
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 9

“See attached list waco tx 76710”

Filing and Contact Details

Filer

Filer Name
Waco Industrial Foundation
EIN
74-1384272
Phone
2547575609
Address
P O BOX 1220, WACO, TX 76703

Signing Officer

Name
Matthew Meadors
Title
Executive Director
Phone
2547575609
Signed
2019-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Meadors
Formed
1957
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
30

Preparer

Firm
Vernon R King Jr Pc
Address
PO BOX 21023, WACO, TX 76702-1023
Preparer
Vernon King
Phone
2547760515
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Board given copy at meeting prior to filing”

Pt VI, Line 15B

“No salaries”

Pt VI, Line 12C

“Board polled annually for conflicts”

Pt VI, Line 6

“Members”

Pt VI, Line 7A

“Executive Committee is elected”

Pt VI, Line 7B

“Full membership approves executive committee actions”

Pt VI, Line 15A

“No salaries”

Form 990, Part IX, Line 24E

“BANK CHARGES 66.”

Form 990, Part IX, Line 24E

“MISCELLANEOUS”

Form 990, Part IX, Line 24E

“LEASING FEE 32208.”

Raw XML Appendix314 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt071513
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt038823
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FURTHER ECO DEV IN WACO, TX AREA
IRS990/AllOtherExpensesGrp/FundraisingAmt00
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt00
IRS990/AllOtherExpensesGrp/TotalAmt032274
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Jason Powers
IRS990/BooksInCareOfDetail/PhoneNum02547575608
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0P O BOX 1220
IRS990/BooksInCareOfDetail/USAddress/CityNm0WACO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0767031220
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03126425
IRS990/CashNonInterestBearingGrp/EOYAmt03953453
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt02180295
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt016052
IRS990/CYOtherExpensesAmt0448136
IRS990/CYOtherRevenueAmt01423534
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0991450
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0448136
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01439586
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt00
IRS990/DepreciationDepletionGrp/TotalAmt09979
IRS990/Desc0PROVIDED LAND FOR ECONOMIC GROWTH IN THE WACO, TX AREA
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/FundraisingAmt00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt00
IRS990/FeesForServicesAccountingGrp/TotalAmt015680
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/PersonNm0SEE ATTACHED
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTORS
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01957
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03619881
IRS990/GrossRentsGrp/RealAmt0225165
IRS990/GrossSalesOfInventoryAmt03374554
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt00
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt07313
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt00
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt026400
IRS990/InventoriesForSaleOrUseGrp/BOYAmt025430875
IRS990/InventoriesForSaleOrUseGrp/EOYAmt025562438
IRS990/InvestmentIncomeGrp/ExclusionAmt016052
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016052
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0316761
IRS990/LandBldgEquipBasisNetGrp/BOYAmt064258
IRS990/LandBldgEquipBasisNetGrp/EOYAmt054279
IRS990/LandBldgEquipCostOrOtherBssAmt0371040
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/ExclusionAmt00
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt04110
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt04110
IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0FURTHER ECO DEV IN WACO, TX AREA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06600000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06600000
IRS990/NetAssetsOrFundBalancesBOYAmt024130285
IRS990/NetAssetsOrFundBalancesEOYAmt025121735
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt01194259
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt01194259
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0225165
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0225165
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05100
IRS990/OtherExpensesGrp/Desc0CONTRIBUTIONS
IRS990/OtherExpensesGrp/Desc1ADVALOREM TAX
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0250050
IRS990/OtherExpensesGrp/TotalAmt143925
IRS990/OtherExpensesGrp/TotalAmt28365
IRS990/OtherExpensesGrp/TotalAmt354150
IRS990/OtherRevenueTotalAmt04110
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt017389
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt017497
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Matthew Meadors
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt022097
IRS990/PYOtherExpensesAmt0374129
IRS990/PYOtherRevenueAmt0823803
IRS990/PYRevenuesLessExpensesAmt0471771
IRS990/PYTotalExpensesAmt0374129
IRS990/PYTotalRevenueAmt0845900
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0991450
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0225165
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02157751
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02172891
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0448136
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt054279
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0316761
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0371040
IRS990ScheduleD/RevenueSubtotalAmt01439586
IRS990ScheduleD/TotalBookValueLandBuildingsAmt054279
IRS990ScheduleD/TotalExpensesPerForm990Amt0448136
IRS990ScheduleD/TotalRevenuePerForm990Amt01439586
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01439586
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0448136
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board given copy at meeting prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No salaries
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board polled annually for conflicts
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Executive Committee is elected
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Full membership approves executive committee actions
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6No salaries
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEE ATTACHED LIST WACO TX 76710
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8BANK CHARGES 66.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10LEASING FEE 32208.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt030801798
IRS990/TotalAssetsEOYAmt031760558
IRS990/TotalAssetsGrp/BOYAmt030801798
IRS990/TotalAssetsGrp/EOYAmt031760558
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0448136
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06671513
IRS990/TotalLiabilitiesEOYAmt06638823
IRS990/TotalLiabilitiesGrp/BOYAmt06671513
IRS990/TotalLiabilitiesGrp/EOYAmt06638823
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt024130285
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt025121735
IRS990/TotalRevenueGrp/ExclusionAmt016052
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01423534
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01439586
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt030801798
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031760558
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt024130285
IRS990/UnrestrictedNetAssetsGrp/EOYAmt025121735
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0P O Box 1220
IRS990/USAddress/CityNm0WACO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd076703
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Matthew Meadors
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum02547575609
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-03-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WACO INDUSTRIAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WACO
ReturnHeader/Filer/EIN0741384272
ReturnHeader/Filer/PhoneNum02547575609
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 1220
ReturnHeader/Filer/USAddress/CityNm0WACO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd076703
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0CEAE2739A0171CEAAB54833BD2F0682A5B35DB86
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CEAE2739A0171CEAAB54833BD2F0682A5B35DB86
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.178.131.238
ReturnHeader/FilingSecurityInformation/IPDt02019-03-23
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm006:18:03
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0VERNON R KING JR PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 21023
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0767021023
ReturnHeader/PreparerPersonGrp/PhoneNum02547760515
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Vernon King
ReturnHeader/ReturnTs02019-03-23T06:18:26-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,760,558
Liabilities
$6,638,823
Net assets
$25,121,735
Revenue
$1,439,586
Expenses
$448,136
Net income
$991,450
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$69.9$6.22$63.7$11.9$0.81$11.1
2023Detailed filing. Detailed filing data is available for this year.$72.8$20.2$52.6$16.2$0.40$15.8
2022Detailed filing. Detailed filing data is available for this year.$38.4$1.51$36.9$1.90$0.39$1.51
2021Detailed filing. Detailed filing data is available for this year.$35.9$0.54$35.4$3.66$0.34$3.32
2020Detailed filing. Detailed filing data is available for this year.$39.5$7.45$32.0$7.83$1.06$6.77
2019Detailed filing. Detailed filing data is available for this year.$32.0$6.72$25.3$0.54$0.39$0.15
2018Detailed filing. Detailed filing data is available for this year.$31.8$6.64$25.1$1.44$0.45$0.99
2017Detailed filing. Detailed filing data is available for this year.$30.8$6.67$24.1$0.85$0.37$0.47
2016Detailed filing. Detailed filing data is available for this year.$30.4$6.78$23.7$2.51$0.40$2.11
2015Detailed filing. Detailed filing data is available for this year.$28.3$6.72$21.5$0.94$0.41$0.53
2014Summary only. Only limited summary data is available for this year.$27.9$6.87$21.0$0.23$0.53$0.29
2013Summary only. Only limited summary data is available for this year.$28.3$6.98$21.3$0.24$0.58$0.34
2012Summary only. Only limited summary data is available for this year.$22.0$0.34$21.7$0.19$0.44$0.25
2011Summary only. Only limited summary data is available for this year.$23.7$1.80$21.9$0.78$0.43$0.35