Civic Intelligence

Texas Educational Foundation Inc.

990 • Fiscal year 2020 • EIN 74-1501565

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 03, 2021

Organization Profilewww.tefinc.com

View Organization Page

14080 Nacogdoches Rd No 322San Antonio, TX 78247

(512) 396-2275

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

7th percentile

0.00x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

6th percentile

-54%

Higher net margin than 6% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$167,538

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 41.7% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

20th percentile

-2.4%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-75%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets7th percentile

Assets

Down

$8,865,035

Down $217,466 (-2.4%) from 2019

Net Assets

Down

$8,865,035

Down $217,466 (-2.4%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue7th percentileNet Margin6th percentile

Revenue

Down

$402,058

Down $1,217,318 (-75%) from 2019

Expenses

Down

$619,524

Down $1,369,334 (-69%) from 2019

Net Income

Up

-$217,466

Up $152,016 (+41%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$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

2020

Assets$8,865,035
Liabilities$0
Net Assets$8,865,035
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$402,058
Expenses$619,524
Net Income-$217,466
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 3, 2021
Return Version
2020v4.1
Gross Receipts
$645,499
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$9,082,501$8,865,035▼ $217,466
Savings and Temporary Cash Investments$7,311,516$7,100,158▼ $211,358
Cash and Non-Interest-Bearing Accounts$1,756,485$1,756,377▼ $108
Land, Buildings, and Equipment, Net$14,500$8,500▼ $6,000
Total Assets$9,082,501$8,865,035▼ $217,466
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$9,082,501$8,865,035▼ $217,466
Total Liabilities and Net Assets / Fund Balance$9,082,501$8,865,035▼ $217,466

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,500$8,500$17,000
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Stephen E DavisExec DirectorFT$167,538$167,538
E W AndersonChair - TrusteePT$2,000$2,000
Jerome WeynandSecy-Trustee-$1,000$1,000
Roy Barrera SrV. Chair-Trustee-$1,000$1,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$402,058
Other Revenue
$0
Change in Net Assets
$-217,466
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$454,496
Other Expenses$163,428
Grants and Similar Amounts Paid$1,600
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,545--$358,545
Other Employee Benefits$63,933--$63,933
Fees for Services Accounting$60,000--$60,000
Occupancy$30,391--$30,391
Payroll Taxes$28,018--$28,018
Fees for Services Management$23,000--$23,000
Insurance$14,278--$14,278
Fees for Service Investment Mgmnt Fees$13,456--$13,456
Office Expenses$11,222--$11,222
Depreciation Depletion$6,000--$6,000
Current Officers, Directors, Trustees, and Key Employees-$4,000-$4,000
Information Technology$3,924--$3,924
Grants to Domestic Individuals$1,600--$1,600
Travel$816--$816
Fees for Services Legal$341--$341
Total Functional Expenses$615,524$4,000$0$619,524
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 No 322, San Antonio, TX 78247

Signing Officer

Name
Stephen E Davis
Title
Executive Director
Signed
2021-06-03
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
505Brookhollow 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 and 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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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 and 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/TotalAssetsBOYAmt09082501
IRS990/TotalAssetsEOYAmt08865035
IRS990/TotalAssetsGrp/BOYAmt09082501
IRS990/TotalAssetsGrp/EOYAmt08865035
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0615524
IRS990/TotalFunctionalExpensesGrp/TotalAmt0619524
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09082501
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt08865035
IRS990/TotalProgramServiceExpensesAmt0615524
IRS990/TotalReportableCompFromOrgAmt0171538
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0402058
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0402058
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt09082501
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08865035
IRS990/TravelGrp/ProgramServicesAmt0816
IRS990/TravelGrp/TotalAmt0816
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/SignatureDt02021-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Texas Educational Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0TEXA
ReturnHeader/Filer/EIN0741501565
ReturnHeader/Filer/PhoneNum05123962275
ReturnHeader/Filer/USAddress/AddressLine1Txt014080 Nacogdoches Rd No 322
ReturnHeader/Filer/USAddress/CityNm0San Antonio
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078247
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Kerry Joe Brockman
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0505Brookhollow Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pflugerville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078660
ReturnHeader/PreparerPersonGrp/PhoneNum05127859808
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kerry J Brockman
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-03T02:38:20-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,865,035
Liabilities
$0
Net assets
$8,865,035
Revenue
$402,058
Expenses
$619,524
Net income
-$217,466
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.39$8.14$7.75
2020Detailed filing. Detailed filing data is available for this year.$8.87$0.00$8.87$0.40$0.62$0.22
2019Detailed filing. Detailed filing data is available for this year.$9.08$0.00$9.08$1.62$1.99$0.37
2018Detailed filing. Detailed filing data is available for this year.$9.45$0.00$9.45$7.03$2.25$4.78
2017Detailed filing. Detailed filing data is available for this year.$4.67$0.00$4.67$4.78$4.89$0.11
2016Detailed filing. Detailed filing data is available for this year.$4.78$0.00$4.78$10.7$10.9$0.13
2015Detailed filing. Detailed filing data is available for this year.$4.91$0.00$4.91$10.5$10.9$0.48
2014Detailed filing. Detailed filing data is available for this year.$5.39$0.00$5.39$11.6$11.3$0.31
2013Detailed filing. Detailed filing data is available for this year.$5.08$0.00$5.08$10.7$13.2$2.47
2012Summary only. Only limited summary data is available for this year.$7.55$0.00$7.55$14.5$13.8$0.71
2011Summary only. Only limited summary data is available for this year.$6.84$0.00$6.84$14.2$13.9$0.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.53$0.00$6.53$12.9