Civic Intelligence

Independent Electrical Contractors Inc

990 • Fiscal year 2021 • EIN 74-1506655

Sep 01, 2020 to Aug 31, 2021 • Filed on Jul 15, 2022

5511 Ingram 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

84th percentile

0.45x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

95th percentile

1.23x

Higher debt load relative to revenue than 95% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

25th percentile

$0

Higher top officer pay than 25% of similar nonprofits.

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

2021 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2021

Asset Growth

77th percentile

26%

Faster asset growth than 77% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

71st percentile

24%

Faster revenue growth than 71% of similar nonprofits.

2021 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$3,937,090

Up $804,638 (+26%) from 2020

Net Assets

Up

$2,179,682

Up $340,697 (+19%) from 2020

Liabilities

Up

$1,757,408

Up $463,941 (+36%) from 2020

Revenue

Up

$1,425,669

Up $276,093 (+24%) from 2020

Expenses

Up

$1,093,775

Up $106,108 (+11%) from 2020

Net Income

Up

$331,894

Up $169,985 (+105%) from 2020

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

2021

Assets$3,937,090
Liabilities$1,757,408
Net Assets$2,179,682

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

2021

Revenue$1,425,669
Expenses$1,093,775
Net Income$331,894
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jul 15, 2022
Return Version
2020v4.0
Gross Receipts
$1,463,534
Mission and Program Overview

Mission

Training and educational services relating to the electrial trade

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,176,538$2,745,660▲ $569,122
Cash and Non-Interest-Bearing Accounts$614,054$937,405▲ $323,351
Investments Other Securities$111,732$250,425▲ $138,693
Accounts Receivable$17,653$3,600▼ $14,053
Total Assets$3,132,452$3,937,090▲ $804,638
Other Assets Total$212,475--
Liabilities
Unsecured Notes Loans Payable$1,242,158$1,585,486▲ $343,328
Deferred Revenue$42,900$165,000▲ $122,100
Accounts Payable and Accrued Expenses$8,409$6,922▼ $1,487
Total Liabilities$1,293,467$1,757,408▲ $463,941
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,838,985$2,179,682▲ $340,697
Total Net Assets Fund Balance$1,838,985$2,179,682▲ $340,697
Total Liabilities and Net Assets / Fund Balance$3,132,452$3,937,090▲ $804,638

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,422,023$175,473$2,597,496
Land$171,718-$171,718
Other Land Buildings$150,341$17,482$167,823
Equipment$1,578$24,457$26,035
Other Securities$250,425--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike VarnumPresident
Mark Matheny1st Vice Pre
Doug Burg2nd Vice Pre
Javier HerreraMember
Lloyd QuinneyMember
Scott SmithMember
Thomas MonacoMember
Ray PriorSecretary
Billy Ross HillTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$331,419
Program Service Revenue
$969,880
Investment Income
$18,693
Other Revenue
$105,677
All Other Contributions
$4,480
Change in Net Assets
$331,894
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$690,554
Salaries, Compensation, and Employee Benefits$400,221
Grants and Similar Amounts Paid$3,000
Total Fundraising Expense$3,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$112,495$194,800-$307,295
Fees for Services Other$239,629$5,155-$244,784
Occupancy$86,138$21,535-$107,673
Interest-$89,193-$89,193
Depreciation Depletion$75,982--$75,982
Payroll Taxes$43,213$18,520-$61,733
Conferences and Meetings$27,203--$27,203
Other Employee Benefits$17,167$7,358-$24,525
Office Expenses-$19,400-$19,400
All Other Expenses-$4,360$3,000$7,360
Pension Plan Contributions$4,668$2,000-$6,668
Other Expenses-$5,058-$5,058
Grants to Domestic Orgs$3,000--$3,000
Total Functional Expenses$609,495$481,280$3,000$1,093,775
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$88,595
Fundraising Direct Expenses$37,865
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gun Shoo$31,035$31,035$8,678$22,357
Annual Golf Tou$30,924$30,924$13,135$17,789
Total Events$79,863$79,863$37,243$42,620
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Independent Electrical Contractors
EIN
74-1506655
Phone
2104319861
Address
5511 INGRAM RD, SAN ANTONIO, TX 78228

Signing Officer

Name
Julie Tucker
Title
Executive Director
Phone
2104319861
Signed
2022-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Varnum
Formed
1964
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
18
Volunteers
50

Preparer

Firm
Abip Pc
Address
7330 SAN PEDRO AVENUE SUITE 901, SAN ANTONIO, TX 78216
Preparer
N Ari Berlin CPA
Phone
2103412581
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Electrical trade apprentice, journeyman training, continuing education, first aid training

Form 990, Part IX, Line 11G

Professional fees 0 5,155 0 training and education advertising 4,696 0 0 textbook expenses 228,905 0 0 tdlr annual registration 300 0 0 graduation expenses 5,728 0 0 total 239,629 5,155 0

Form 990, Part XI, Line 9

Book / tax depreciation difference 8,803 rounding 0 total 8,803

Raw XML Appendix393 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.

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IRS990/PYTotalRevenueAmt01149576
IRS990/ReconcilationRevenueExpnssAmt0331894
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0969880
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02422023
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0175473
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02597496
IRS990ScheduleD/EquipmentGrp/BookValueAmt01578
IRS990ScheduleD/EquipmentGrp/DepreciationAmt024457
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026035
IRS990ScheduleD/LandGrp/BookValueAmt0171718
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0171718
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0150341
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017482
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0167823
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0250425
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EDWARD JONES FLEX ACCOUNT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
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IRS990ScheduleD/TotalBookValueSecuritiesAmt0250425
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IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0ANNUAL GOLF TOU
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt030924
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt017904
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt079863
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt031035
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt030924
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt017904
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt079863
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt042620
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt04505
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt026318
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt08678
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013135
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt010925
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt010925
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ELECTRICAL TRADE APPRENTICE, JOURNEYMAN TRAINING, CONTINUING EDUCATION, FIRST AID TRAINING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROFESSIONAL FEES 0 5,155 0 TRAINING AND EDUCATION ADVERTISING 4,696 0 0 TEXTBOOK EXPENSES 228,905 0 0 TDLR ANNUAL REGISTRATION 300 0 0 GRADUATION EXPENSES 5,728 0 0 TOTAL 239,629 5,155 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOOK / TAX DEPRECIATION DIFFERENCE 8,803 ROUNDING 0 TOTAL 8,803
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsGrp/EOYAmt03937090
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IRS990/TotalContributionsAmt0331419
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03000
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0481280
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0609495
IRS990/TotalFunctionalExpensesGrp/TotalAmt01093775
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01293467
IRS990/TotalLiabilitiesEOYAmt01757408
IRS990/TotalLiabilitiesGrp/BOYAmt01293467
IRS990/TotalLiabilitiesGrp/EOYAmt01757408
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02179682
IRS990/TotalProgramServiceExpensesAmt0609495
IRS990/TotalProgramServiceRevenueAmt0969880
IRS990/TotalRevenueGrp/ExclusionAmt069423
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01024827
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01425669
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03132452
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03937090
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IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt01242158
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt01585486
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05511 INGRAM RD
IRS990/USAddress/CityNm0SAN ANTONIO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078228
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.IECSANANTONIO.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JULIE TUCKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02104319861
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENT ELECTRICAL CONTRACTORS
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0741506655
ReturnHeader/Filer/PhoneNum02104319861
ReturnHeader/Filer/USAddress/AddressLine1Txt05511 INGRAM RD
ReturnHeader/Filer/USAddress/CityNm0SAN ANTONIO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078228
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760689865
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABIP PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07330 SAN PEDRO AVENUE SUITE 901
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078216
ReturnHeader/PreparerPersonGrp/PhoneNum02103412581
ReturnHeader/PreparerPersonGrp/PreparationDt02022-03-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0N ARI BERLIN CPA
ReturnHeader/ReturnTs02022-03-08T18:04:39-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JULIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TUCKER
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
Peer Organizations

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