Civic Intelligence

Independent Electrical Contractors Inc

990 • Fiscal year 2016 • EIN 74-1506655

Sep 01, 2015 to Aug 31, 2016 • Filed on Dec 19, 2016

2307 Bandera RdSan Antonio, TX 78228

(210) 431-9861

Siviq Scores

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

Liabilities / Assets

38th percentile

0.03x

Higher debt load relative to assets than 38% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

41st percentile

0.03x

Higher debt load relative to revenue than 41% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

93rd percentile

30%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$79,440

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 9.1% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

85th percentile

27%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

28%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$998,191

Up $209,991 (+27%) from 2015

Net Assets

Up

$969,805

Up $258,351 (+36%) from 2015

Liabilities

Down

$28,386

Down $48,360 (-63%) from 2015

Revenue

Up

$872,373

Up $190,517 (+28%) from 2015

Expenses

Up

$614,022

Up $29,649 (+5.1%) from 2015

Net Income

Up

$258,351

Up $160,868 (+165%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $545,624Liabilities 2011: $225,929Net Assets 2011: $319,6952011Assets 2012: $544,903Liabilities 2012: $199,694Net Assets 2012: $345,2092012Assets 2013: $637,338Liabilities 2013: $200,251Net Assets 2013: $437,0872013Assets 2014: $745,847Liabilities 2014: $131,876Net Assets 2014: $613,9712014Assets 2015: $788,200Liabilities 2015: $76,746Net Assets 2015: $711,4542015Assets 2016: $998,191Liabilities 2016: $28,386Net Assets 2016: $969,8052016Assets 2017: $2,206,606Liabilities 2017: $1,006,985Net Assets 2017: $1,199,6212017Assets 2018: $2,700,848Liabilities 2018: $1,208,028Net Assets 2018: $1,492,8202018Assets 2019: $2,872,262Liabilities 2019: $1,204,778Net Assets 2019: $1,667,4842019Assets 2020: $3,132,452Liabilities 2020: $1,293,467Net Assets 2020: $1,838,9852020Assets 2021: $3,937,090Liabilities 2021: $1,757,408Net Assets 2021: $2,179,6822021Assets 2022: $3,942,547Liabilities 2022: $1,600,472Net Assets 2022: $2,342,0752022Assets 2023: $3,861,136Liabilities 2023: $1,332,105Net Assets 2023: $2,529,0312023Assets 2024: $3,631,648Liabilities 2024: $1,170,881Net Assets 2024: $2,460,7672024Assets 2025: $4,036,701Liabilities 2025: $978,176Net Assets 2025: $3,058,5252025

Highlighted filing

2016

Assets$998,191
Liabilities$28,386
Net Assets$969,805

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $513,8132011Expenses 2012: $515,1772012Expenses 2013: $470,5392013Revenue 2014: $688,889Expenses 2014: $512,005Net Income 2014: $176,8842014Revenue 2015: $681,856Expenses 2015: $584,373Net Income 2015: $97,4832015Revenue 2016: $872,373Expenses 2016: $614,022Net Income 2016: $258,3512016Revenue 2017: $917,613Expenses 2017: $687,797Net Income 2017: $229,8162017Revenue 2018: $1,095,125Expenses 2018: $800,245Net Income 2018: $294,8802018Revenue 2019: $1,091,355Expenses 2019: $919,169Net Income 2019: $172,1862019Revenue 2020: $1,149,576Expenses 2020: $987,667Net Income 2020: $161,9092020Revenue 2021: $1,425,669Expenses 2021: $1,093,775Net Income 2021: $331,8942021Revenue 2022: $1,410,405Expenses 2022: $1,216,950Net Income 2022: $193,4552022Revenue 2023: $1,708,613Expenses 2023: $1,489,889Net Income 2023: $218,7242023Revenue 2024: $1,550,668Expenses 2024: $1,655,796Net Income 2024: -$105,1282024Revenue 2025: $1,996,576Expenses 2025: $1,499,932Net Income 2025: $496,6442025

Highlighted filing

2016

Revenue$872,373
Expenses$614,022
Net Income$258,351
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Dec 19, 2016
Return Version
2015v2.0
Gross Receipts
$915,175
Mission and Program Overview

Mission

Training and educational services relating to the electrial trade

Training and educational services

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$313,445$726,960▲ $413,515
Land, Buildings, and Equipment, Net$439,576$174,549▼ $265,027
Accounts Receivable$34,539$26,094▼ $8,445
Prepaid Expenses and Deferred Charges-$13,237-
Intangible Assets$640$0▼ $640
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$788,200$998,191▲ $209,991
Other Assets Total-$57,351-
Liabilities
Mortgage Notes Payable Secured by Investment Property$76,407--
Deferred Revenue-$26,025-
Accounts Payable and Accrued Expenses$338$2,361▲ $2,023
Other Liabilities$1--
Total Liabilities$76,746$28,386▼ $48,360
Net Assets / Fund Balance
Unrestricted Net Assets$711,454$969,805▲ $258,351
Total Net Assets Fund Balance$711,454$969,805▲ $258,351
Total Liabilities and Net Assets / Fund Balance$788,200$998,191▲ $209,991

Asset Categories

AssetBook ValueDepreciationBasis
Land$171,718-$171,718
Other Land Buildings$2,831$46,477$49,308
Other Assets Org$57,351--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Julie HowardExecutive DrFT$79,440$79,440
Raul VasquezTraining DrFT$64,600$64,600

Board Members and Trustees

NameTitle
Mike VarnumPresident
Mark Matheny1st Vice Pres
Vann Riley2nd Vice Pres
Billy Ross HillSecretary
John VerhelstTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$242,695
Program Service Revenue
$476,514
Investment Income
$0
Other Revenue
$153,164
All Other Contributions
$9,880
Change in Net Assets
$258,351
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$325,517
Salaries, Compensation, and Employee Benefits$287,531
Total Fundraising Expense$24,457
Grants and Similar Amounts Paid$974
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$191,805$35,963$11,988$239,756
Payments to Affiliates$63,462$11,900$3,966$79,328
Occupancy$54,557$10,229$3,410$68,196
Conferences and Meetings$25,972$4,870$1,623$32,465
Payroll Taxes$19,011$3,565$1,188$23,764
Other Employee Benefits$15,042$2,821$940$18,803
Office Expenses$14,119$2,648$882$17,649
All Other Expenses$5,043$4,374-$9,417
Pension Plan Contributions$4,166$782$260$5,208
Fees for Services Accounting-$3,213-$3,213
Other Expenses$1,000$1,918$256$2,918
Depreciation Depletion-$1,140-$1,140
Grants to Domestic Orgs$974--$974
Fees for Services Other$214$40$13$267
Advertising-$89-$89
Travel$-1,102$-206$-69$-1,377
Total Functional Expenses$505,452$84,113$24,457$614,022
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$71,351
Fundraising Direct Expenses$42,802
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bbq Cookoff$30,491$30,491$13,139$17,352
Golf Tournament$20,825$20,825$2,248$18,577
Total Events$71,351$71,351$42,802$28,549
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
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
No
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, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Independent Electrical Contractors Inc
EIN
74-1506655
Phone
2104319861
Address
2307 BANDERA RD, SAN ANTONIO, TX 78228

Signing Officer

Name
Julie Howard
Title
Executive Direc
Signed
2016-12-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Varnum
Formed
1964
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
15
Volunteers
35

Preparer

Firm
Lynne M Grix CPA Cfe Pc
Address
19230 STONE OAK PKWY SUITE 304, SAN ANTONIO, TX 78258
Preparer
Lynne M Grix CPA
Phone
2102598243
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03302
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1121313
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03302
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1121313
IRS990/OtherRevenueTotalAmt0124615
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt011988
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt035963
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0191805
IRS990/OtherSalariesAndWagesGrp/TotalAmt0239756
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt03966
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt011900
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt063462
IRS990/PaymentsToAffiliatesGrp/TotalAmt079328
IRS990/PayrollTaxesGrp/FundraisingAmt01188
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03565
IRS990/PayrollTaxesGrp/ProgramServicesAmt019011
IRS990/PayrollTaxesGrp/TotalAmt023764
IRS990/PensionPlanContributionsGrp/FundraisingAmt0260
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0782
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04166
IRS990/PensionPlanContributionsGrp/TotalAmt05208
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013237
IRS990/PrincipalOfficerNm0MIKE VARNUM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611513
IRS990/ProgramServiceRevenueGrp/BusinessCd1611430
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0APPRENTICE TRAINING PROG
IRS990/ProgramServiceRevenueGrp/Desc1CONTINUING EDUCATION PROG
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0424730
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt147290
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24494
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0424730
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt147290
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24494
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0234946
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0305011
IRS990/PYOtherRevenueAmt08829
IRS990/PYProgramServiceRevenueAmt0438081
IRS990/PYRevenuesLessExpensesAmt097483
IRS990/PYSalariesCompEmpBnftPaidAmt0279362
IRS990/PYTotalExpensesAmt0584373
IRS990/PYTotalRevenueAmt0681856
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0258351
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0476514
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0171718
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0171718
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt057351
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BLDG UNDER CONSTRUCTION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02831
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046477
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt049308
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0174549
IRS990ScheduleD/TotalBookValueOtherAssetsAmt057351
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt042802
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BBQ COOKOFF
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt030491
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt020035
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt071351
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt030491
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt020825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt020035
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt071351
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt028549
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01734
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt02210
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt03944
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt05216
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020603
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013139
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02248
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt02500
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt010333
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt05422
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018255
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0788200
IRS990/TotalAssetsEOYAmt0998191
IRS990/TotalAssetsGrp/BOYAmt0788200
IRS990/TotalAssetsGrp/EOYAmt0998191
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0242695
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt024457
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084113
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0505452
IRS990/TotalFunctionalExpensesGrp/TotalAmt0614022
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt076746
IRS990/TotalLiabilitiesEOYAmt028386
IRS990/TotalLiabilitiesGrp/BOYAmt076746
IRS990/TotalLiabilitiesGrp/EOYAmt028386
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0711454
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0969805
IRS990/TotalProgramServiceExpensesAmt0505452
IRS990/TotalProgramServiceRevenueAmt0476514
IRS990/TotalReportableCompFromOrgAmt0144040
IRS990/TotalRevenueGrp/ExclusionAmt028549
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0601129
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0872373
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0788200

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.04$0.98$3.06$2.00$1.50$0.50
2024Detailed filing. Detailed filing data is available for this year.$3.63$1.17$2.46$1.55$1.66$0.11
2023Detailed filing. Detailed filing data is available for this year.$3.86$1.33$2.53$1.71$1.49$0.22
2022Detailed filing. Detailed filing data is available for this year.$3.94$1.60$2.34$1.41$1.22$0.19
2021Detailed filing. Detailed filing data is available for this year.$3.94$1.76$2.18$1.43$1.09$0.33
2020Detailed filing. Detailed filing data is available for this year.$3.13$1.29$1.84$1.15$0.99$0.16
2019Detailed filing. Detailed filing data is available for this year.$2.87$1.20$1.67$1.09$0.92$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.70$1.21$1.49$1.10$0.80$0.29
2017Detailed filing. Detailed filing data is available for this year.$2.21$1.01$1.20$0.92$0.69$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.00$0.03$0.97$0.87$0.61$0.26
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.08$0.71$0.68$0.58$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.75$0.13$0.61$0.69$0.51$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.20$0.44$0.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.20$0.35$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.23$0.32$0.51