Civic Intelligence

Texas Educational Foundation Inc

EIN 74-1501565 • 501(c)3 • San Antonio, TX

Profile

Operation of Job Corps Center providing educational training programs serving one center in Texas with an average of approximately 960 Job Corps trainees, under contract with the U.S. Department of Labor.

14080 Nacogdoches Rd 322San Antonio, TX 78247

www.tefinc.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

18th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

1st percentile

-2004%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

2nd percentile

-87%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

29th percentile

-3.7%

Faster revenue growth than 29% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,129,254

Down $7,735,781 (-87%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$1,129,254

Down $7,735,781 (-87%) from 2020

Revenue

Down

$386,993

Down $15,065 (-3.7%) from 2020

Expenses

Up

$8,141,529

Up $7,522,005 (+1214%) from 2020

Net Income

Down

-$7,754,536

Down $7,537,070 (-3466%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $6,534,242Liabilities 2010: $0Net Assets 2010: $6,534,2422010Assets 2011: $6,837,834Liabilities 2011: $0Net Assets 2011: $6,837,8342011Assets 2012: $7,545,789Liabilities 2012: $0Net Assets 2012: $7,545,7892012Assets 2013: $5,078,058Liabilities 2013: $0Net Assets 2013: $5,078,0582013Assets 2014: $5,385,952Liabilities 2014: $0Net Assets 2014: $5,385,9522014Assets 2015: $4,908,320Liabilities 2015: $0Net Assets 2015: $4,908,3202015Assets 2016: $4,782,661Liabilities 2016: $0Net Assets 2016: $4,782,6612016Assets 2017: $4,672,040Liabilities 2017: $0Net Assets 2017: $4,672,0402017Assets 2018: $9,451,983Liabilities 2018: $0Net Assets 2018: $9,451,9832018Assets 2019: $9,082,501Liabilities 2019: $0Net Assets 2019: $9,082,5012019Assets 2020: $8,865,035Liabilities 2020: $0Net Assets 2020: $8,865,0352020Assets 2021: $1,129,254Liabilities 2021: $0Net Assets 2021: $1,129,2542021

Highlighted filing

2021

Assets$1,129,254
Liabilities$0
Net Assets$1,129,254

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10MExpenses 2010: $12,948,8862010Revenue 2011: $14,206,199Expenses 2011: $13,902,607Net Income 2011: $303,5922011Revenue 2012: $14,484,842Expenses 2012: $13,776,887Net Income 2012: $707,9552012Revenue 2013: $10,731,537Expenses 2013: $13,199,268Net Income 2013: -$2,467,7312013Revenue 2014: $11,618,811Expenses 2014: $11,310,917Net Income 2014: $307,8942014Revenue 2015: $10,466,003Expenses 2015: $10,943,635Net Income 2015: -$477,6322015Revenue 2016: $10,745,684Expenses 2016: $10,871,343Net Income 2016: -$125,6592016Revenue 2017: $4,783,430Expenses 2017: $4,894,051Net Income 2017: -$110,6212017Revenue 2018: $7,028,805Expenses 2018: $2,248,862Net Income 2018: $4,779,9432018Revenue 2019: $1,619,376Expenses 2019: $1,988,858Net Income 2019: -$369,4822019Revenue 2020: $402,058Expenses 2020: $619,524Net Income 2020: -$217,4662020Revenue 2021: $386,993Expenses 2021: $8,141,529Net Income 2021: -$7,754,5362021

Highlighted filing

2021

Revenue$386,993
Expenses$8,141,529
Net Income-$7,754,536

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Mar 18, 2022
Return Version
2021v4.1
Gross Receipts
$386,993
Mission and Program Overview

Mission

Operation of Job Corps Center providing educational training programs serving one center in Texas with an average of approximately 960 Job Corps trainees, under contract with the U.S. Department of Labor.

Formerly, the operation of Job Corps Center providing educational training programs serving one center in Texas with an average of approximately 960 Job Corps trainees, under contract with the U.S. Department of Labor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$8,865,035$1,129,254▼ $7,735,781
Savings and Temporary Cash Investments$7,100,158$767,792▼ $6,332,366
Cash and Non-Interest-Bearing Accounts$1,756,377$361,462▼ $1,394,915
Land, Buildings, and Equipment, Net$8,500--
Total Assets$8,865,035$1,129,254▼ $7,735,781
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$8,865,035$1,129,254▼ $7,735,781
Total Liabilities and Net Assets / Fund Balance$8,865,035$1,129,254▼ $7,735,781

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$17,000$17,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stephen E DavisExec DirectorFT$136,384$136,384

Board Members and Trustees

NameTitle
E W AndersonChair - Trustee
Roy Barrera SrV. Chair-Trustee
Jerome WeynandSecy-Trustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$386,993
Other Revenue
$0
Change in Net Assets
$-7,754,536
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$7,705,000
Salaries, Compensation, and Employee Benefits$297,515
Other Expenses$139,014
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$7,705,000--$7,705,000
Current Officers, Directors, Trustees, and Key Employees$136,384--$136,384
Other Salaries and Wages$121,418--$121,418
Office Expenses$57,578--$57,578
Payroll Taxes$39,713--$39,713
Fees for Services Accounting$27,500--$27,500
Fees for Service Investment Mgmnt Fees$15,237--$15,237
Fees for Services Management$11,169--$11,169
Insurance$10,427--$10,427
Depreciation Depletion$8,500--$8,500
Occupancy$8,477--$8,477
Travel$126--$126
Total Functional Expenses$8,141,529$0$0$8,141,529
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Greater Houston Community FoundationHouston, TX501c3Scholarship/Field of Interest$2,700,000
El Paso Community FoundationEl Paso, TX501c3Scholarship/Field of Interest$2,500,000
San Antonio Area FoundationSan Antonio, TX501c3Scholarship/Field of Interest$2,500,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 IV, Section C, Line 19

Upon request, a copy of the requested document has been made available for viewing, and if so requested, and paid for, a copy has been provided and mailed if necessary.

Filing and Contact Details

Filer

Filer Name
Texas Educational Foundation Inc
EIN
74-1501565
Phone
5123962275
Address
14080 Nacogdoches Rd 322, San Antonio, TX 78247

Signing Officer

Name
Stephen E Davis
Title
Executive Director
Phone
5123962275
Signed
2022-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephen E Davis
Formed
1964
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
4

Preparer

Firm
Kerry Joe Brockman
Address
505 Brookhollow Dr, Pflugerville, TX 78660
Preparer
Kerry J Brockman
Phone
5127859808
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

During the calendar year of 2017 the Company lost its last contract with the USDOL for operation of Job Corps Centers. The Company is phasing down operations in a prudent fashion.

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

Copies of the return were provided prior to filing Form 990.

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

On at least an annual basis all officers adn key employees are reviewed by the Board of Trustees. The Board of Trustees are not employees of the Company.

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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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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1El Paso Community Foundation
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Greater Houston Community Foundation
IRS990ScheduleI/RecipientTable/RecipientEIN0746065414
IRS990ScheduleI/RecipientTable/RecipientEIN1741839536
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IRS990ScheduleI/RecipientTable/USAddress/ZIPCd1799011317
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd277027
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization has carefully selected organizations with large public organizational structures, whose board members and trustees report to the public periodically, at least annually. In addition to having the public monitor the activities of these organizations, the organizations send quarterly statements to the Company.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 2
IRS990ScheduleI/Total501c3OrgCnt03
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0During the calendar year of 2017 the Company lost its last contract with the USDOL for operation of Job Corps Centers. The Company is phasing down operations in a prudent fashion.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Copies of the return were provided prior to filing Form 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2On at least an annual basis all officers adn key employees are reviewed by the Board of Trustees. The Board of Trustees are not employees of the Company.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Upon request, a copy of the requested document has been made available for viewing, and if so requested, and paid for, a copy has been provided and mailed if necessary.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part IV, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IV, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IV, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Endowment for Vocational Training Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0742038688
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501c3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Support activities for vocational training
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt013 - Type I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt014080 Nacadoches Rd No 322
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0San Antonio
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd078247
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Endowment for Vocational Training Inc
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0b
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08865035
IRS990/TotalAssetsEOYAmt01129254
IRS990/TotalAssetsGrp/BOYAmt08865035
IRS990/TotalAssetsGrp/EOYAmt01129254
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt08141529
IRS990/TotalFunctionalExpensesGrp/TotalAmt08141529
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08865035
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01129254
IRS990/TotalProgramServiceExpensesAmt08141529
IRS990/TotalReportableCompFromOrgAmt0136384
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0386993
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0386993
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08865035
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01129254
IRS990/TravelGrp/ProgramServicesAmt0126
IRS990/TravelGrp/TotalAmt0126
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt014080 Nacogdoches Rd No 322
IRS990/USAddress/CityNm0San Antonio
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078247
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0www.tefinc.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephen E Davis
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum05123962275
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Texas Educational Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0741501565
ReturnHeader/Filer/PhoneNum05123962275
ReturnHeader/Filer/USAddress/AddressLine1Txt014080 Nacogdoches Rd 322
ReturnHeader/Filer/USAddress/CityNm0San Antonio
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078247
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0742489084
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kerry Joe Brockman
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0505 Brookhollow Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pflugerville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078660
ReturnHeader/PreparerPersonGrp/PhoneNum05127859808
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kerry J Brockman

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