Civic Intelligence

Child Inc.

990 • Fiscal year 2020 • EIN 74-1722420

May 01, 2019 to Apr 30, 2020 • Filed on Mar 12, 2021

Refreshing map…

818 E 53rd StreetAustin, TX 78751

(512) 451-7361

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.51x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.12x

Higher debt load relative to revenue than 27% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

55th percentile

6.0%

Higher net margin than 55% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$125,892

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

76th percentile

22%

Faster asset growth than 76% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

32nd percentile

-6.2%

Faster revenue growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$5,238,615

Up $945,361 (+22%) from 2019

Net Assets

Up

$2,591,674

Up $1,341,730 (+107%) from 2019

Liabilities

Down

$2,646,941

Down $396,369 (-13%) from 2019

Revenue

Down

$22,480,573

Down $1,485,765 (-6.2%) from 2019

Expenses

Down

$21,136,075

Down $2,943,483 (-12%) from 2019

Net Income

Up

$1,344,498

Up $1,457,718 (+1288%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $4,175,869Liabilities 2012: $1,920,805Net Assets 2012: $2,255,0642012Assets 2013: $4,591,569Liabilities 2013: $2,412,569Net Assets 2013: $2,179,0002013Assets 2014: $4,005,241Liabilities 2014: $2,774,802Net Assets 2014: $1,230,4392014Assets 2015: $3,815,325Liabilities 2015: $2,973,901Net Assets 2015: $841,4242015Assets 2016: $4,082,880Liabilities 2016: $2,114,561Net Assets 2016: $1,968,3192016Assets 2017: $3,875,691Liabilities 2017: $2,076,859Net Assets 2017: $1,798,8322017Assets 2018: $4,736,452Liabilities 2018: $3,379,800Net Assets 2018: $1,356,6522018Assets 2019: $4,293,254Liabilities 2019: $3,043,310Net Assets 2019: $1,249,9442019Assets 2020: $5,238,615Liabilities 2020: $2,646,941Net Assets 2020: $2,591,6742020Assets 2021: $4,634,123Liabilities 2021: $1,632,069Net Assets 2021: $3,002,0542021Assets 2022: $5,389,599Liabilities 2022: $2,350,755Net Assets 2022: $3,038,8442022Assets 2023: $6,498,517Liabilities 2023: $2,896,237Net Assets 2023: $3,602,2802023

Highlighted filing

2020

Assets$5,238,615
Liabilities$2,646,941
Net Assets$2,591,674

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2012: $17,162,6862012Expenses 2013: $16,661,5312013Revenue 2014: $16,253,450Expenses 2014: $17,276,397Net Income 2014: -$1,022,9472014Revenue 2015: $17,354,289Expenses 2015: $17,771,797Net Income 2015: -$417,5082015Revenue 2016: $18,533,566Expenses 2016: $17,755,346Net Income 2016: $778,2202016Revenue 2017: $18,645,408Expenses 2017: $18,828,964Net Income 2017: -$183,5562017Revenue 2018: $19,889,863Expenses 2018: $20,344,478Net Income 2018: -$454,6152018Revenue 2019: $23,966,338Expenses 2019: $24,079,558Net Income 2019: -$113,2202019Revenue 2020: $22,480,573Expenses 2020: $21,136,075Net Income 2020: $1,344,4982020Revenue 2021: $21,225,264Expenses 2021: $20,862,267Net Income 2021: $362,9972021Revenue 2022: $17,643,504Expenses 2022: $17,609,479Net Income 2022: $34,0252022Revenue 2023: $16,381,072Expenses 2023: $15,784,103Net Income 2023: $596,9692023

Highlighted filing

2020

Revenue$22,480,573
Expenses$21,136,075
Net Income$1,344,498
Jump To
Filing Snapshot
Filing Period
May 1, 2019 to Apr 30, 2020
Signed
Mar 12, 2021
Return Version
2019v5.0
Gross Receipts
$22,659,326
Mission and Program Overview

Mission

To provide high quality education and comprehensive support services for children and their families while promoting personal and social responsibility in the communities we serve.

To provide a headstart/early headstart child centered family development program with the goal of long term benefits for the children, the family, and the community involved with our program through in-depth day-to-day involvement of both parents or someone else serving that role. Also helping parents understand how essential thier roles are and facilitating their meeting those responsibilities as an absolute necessity of the overall child development program.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,275,836$3,157,443▼ $118,393
Pledges and Grants Receivable$98,738$1,288,946▲ $1,190,208
Cash and Non-Interest-Bearing Accounts$432,528$495,131▲ $62,603
Investments in Publicly Traded Securities$112,563$110,837▼ $1,726
Intangible Assets$76,554$76,554→ $0
Prepaid Expenses and Deferred Charges$13,661$41,111▲ $27,450
Accounts Receivable$229,594$40,526▼ $189,068
Total Assets$4,293,254$5,238,615▲ $945,361
Other Assets Total$53,780$28,067▼ $25,713
Liabilities
Other Liabilities$735,035$1,077,453▲ $342,418
Unsecured Notes Loans Payable$945,299$689,298▼ $256,001
Accounts Payable and Accrued Expenses$943,876$505,802▼ $438,074
Mortgage Notes Payable Secured by Investment Property$419,100$374,388▼ $44,712
Total Liabilities$3,043,310$2,646,941▼ $396,369
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,241,324$2,591,674▲ $1,350,350
Net Assets With Donor Restrictions$8,620--
Total Net Assets Fund Balance$1,249,944$2,591,674▲ $1,341,730
Total Liabilities and Net Assets / Fund Balance$4,293,254$5,238,615▲ $945,361

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$-6,577$2,932,964$2,926,387
Land$2,435,459-$2,435,459
Equipment$479,012-$479,012
Other Land Buildings$249,549-$249,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Albert BlackExecutive DiFT$125,892$125,892

Board Members and Trustees

NameTitle
Cheryl BradleyChairperson
Joya HayesDirector
Lino MendiolaDirector
Melvin WhiteDirector
Naomi GonzalesDirector
Gwen ChanceSecretary
Robert LangfordTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Childcare CareersSubst Teachers2000 SIERRA POINT PKWY STE 702, Brisbane, CA 94005$573,313
Ben E KeithFood SupplierPO BOX 1570, Fort Worth, TX 76101$442,944
Mainspring SchoolsEducational1100 W LIVE OAK, Austin, TX 78704$291,074
Cleaning AngelsCleaning401 EAST SONTERRA BLVD STE 375, San Antonio, TX 78258$191,355
Realty Income Texas Properties 1 LlRentalPO BOX 910079, San Diego, CA 92191$111,380
Revenue and Support

Revenue Composition

Contributions and Grants
$21,207,732
Program Service Revenue
$36,874
Investment Income
$11,695
Other Revenue
$1,224,272
All Other Contributions
$4,052,964
Change in Net Assets
$1,344,498

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$3,426,159Fair Market Value (FMV)
Real Estate Commercial1$601,260Fair Market Value (FMV)
Other Non Cash Contri Table2$25,545Fair Market Value (FMV)
Total Noncash Contributions4$4,052,964-

Audited Revenue Reconciliation

Revenue per Audited Statements
$22,480,573
Revenue Not Reported on Form 990
$-2,768
Total Revenue per Audited Statements
$22,477,805
Total Revenue per Form 990
$22,480,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,310,428
Other Expenses$8,825,647
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$8,877,330$6,367-$8,883,697
Fees for Services Other$5,238,208$12,092-$5,250,300
Other Employee Benefits$2,520,360$1,594-$2,521,954
Occupancy$1,121,598$196-$1,121,794
Payroll Taxes$676,777$453-$677,230
All Other Expenses$424,289$28,567-$452,856
Other Expenses$139,524$88,232-$227,756
Current Officers, Directors, Trustees, and Key Employees$227,547--$227,547
Insurance$142,136--$142,136
Travel$106,995$29-$107,024
Office Expenses$21,474--$21,474
Depreciation Depletion-$17,217-$17,217
Total Functional Expenses$20,935,176$200,899$0$21,136,075

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$21,136,075
Total Expenses per Audited Statements$21,136,075
Total Expenses per Form 990$21,136,075
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
Accrued Payroll and Payroll Taxes$841,853
Accrued Compensated Absences$235,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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
No
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, Page 6, Part VI, Line 11B

The form 990 is prepared externally by a cpa firm after consultation with the executive committee and management. Upon completion the form 990 is reviewed by the chief financial officer and board of directors and reviewed and signed by the executive director per authority given by the executive committee.

Form 990, Page 6, Part VI, Line 15A

For the executive director position, the executive committee specifically reviews and actively manages the process for hiring and maintaining the position. Included in the review is an analysis of the compensation for the position. The analysis considers the specifics of the job description, the unique needs of the organization, and comparative data for similar positions with other organizations. All phases of the review are documented contemporaneously.

Form 990, Page 6, Part VI, Line 19

The governing documents of the organization are to a certain extent public record available through the texas secretary of state and on the organization's website. Beyond these documents, the conflict of interest policy, governing documents, and financial statements are released through specific request of the organization.

Filing and Contact Details

Filer

Filer Name
Child Inc
EIN
74-1722420
Phone
5124517361
Address
818 E 53RD STREET, AUSTIN, TX 78751

Signing Officer

Name
Albert Black
Title
Executive Director
Phone
5124517361
Signed
2021-03-12

Organization Details

Principal Officer
Albert Black
Formed
1972
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
342
Volunteers
300

Preparer

Firm
Abip Pc
Address
7330 SAN PEDRO AVENUE SUITE 901, SAN ANTONIO, TX 78216
Preparer
Fernando J Rocha CPA
Phone
2103412581
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide a headstart/early headstart child centered family development program with the goal of long term benefits for the children, the family, and the community involved with our program through in-depth day-to-day involvement of both parents or someone else serving that role. Also helping parents understand how essential thier roles are and facilitating their meeting those responsibilities as an absolute necessity of the overall child development program.

Form 990

Form 990 part ix, line 8-9 the organization provides its employees with paid time off ("pto") benefit to manage time away from work for sick, vacation, and personal leave. This policy was revised effective may 2015 to reduce the number of pto hours employees are allowed to carry forward. Under the new policy, employees are allowed a maximum of no more than 240 hours of unsused pto annually and the amount to be paid to employees who terminate employment with the organization is based on the employee's length of service and accrued pto balance at the time of departure. The change in policy resulted in an adjustment to the statement of functional expenses and related accrued compensated absenses balance.

Form 990, Part IX, Line 11G

Contract labor 1,742,969 12,092 0 professional services 3,495,239 0 0 total 5,238,208 12,092 0

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IRS990/IntangibleAssetsGrp/EOYAmt076554
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IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO PROVIDE A HEADSTART/EARLY HEADSTART CHILD CENTERED FAMILY DEVELOPMENT PROGRAM WITH THE GOAL OF LONG TERM BENEFITS FOR THE CHILDREN, THE FAMILY, AND THE COMMUNITY INVOLVED WITH OUR PROGRAM THROUGH IN-DEPTH DAY-TO-DAY INVOLVEMENT OF BOTH PARENTS OR SOMEONE ELSE SERVING THAT ROLE. ALSO HELPING PARENTS UNDERSTAND HOW ESSENTIAL THIER ROLES ARE AND FACILITATING THEIR MEETING THOSE RESPONSIBILITIES AS AN ABSOLUTE NECESSITY OF THE OVERALL CHILD DEVELOPMENT PROGRAM.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetUnrlzdGainsLossesInvstAmt0-2768
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IRS990/OfficeExpensesGrp/ProgramServicesAmt021474
IRS990/OfficeExpensesGrp/TotalAmt021474
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IRS990/OperateHospitalInd0false
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IRS990/OtherAssetsTotalGrp/BOYAmt053780
IRS990/OtherAssetsTotalGrp/EOYAmt028067
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01594
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02520360
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02521954
IRS990/OtherExpensesGrp/Desc0FOOD AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT PURCHASES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030162
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1675
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215315
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IRS990/OtherExpensesGrp/ProgramServicesAmt0896983
IRS990/OtherExpensesGrp/ProgramServicesAmt1323498
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IRS990/OtherExpensesGrp/TotalAmt0927145
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IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherRevenueTotalAmt01351379
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06367
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt08877330
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0453
IRS990/PayrollTaxesGrp/ProgramServicesAmt0676777
IRS990/PayrollTaxesGrp/TotalAmt0677230
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt098738
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01288946
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt041111
IRS990/PrincipalOfficerNm0ALBERT BLACK
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IRS990/ProgramServiceRevenueGrp/BusinessCd0624100
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATION PROGRAM
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt036874
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IRS990/PYSalariesCompEmpBnftPaidAmt013267344
IRS990/PYTotalExpensesAmt024079558
IRS990/PYTotalRevenueAmt023966338
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-127107
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt036874
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/BuildingsGrp/BookValueAmt0-6577
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02932964
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02926387
IRS990ScheduleD/EquipmentGrp/BookValueAmt0479012
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0479012
IRS990ScheduleD/ExpensesSubtotalAmt021136075
IRS990ScheduleD/LandGrp/BookValueAmt02435459
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02435459
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2768
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0249549
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0249549
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0841853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1235600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL AND PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED COMPENSATED ABSENCES
IRS990ScheduleD/RevenueNotReportedAmt0-2768
IRS990ScheduleD/RevenueSubtotalAmt022480573
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03157443
IRS990ScheduleD/TotalExpensesPerForm990Amt021136075
IRS990ScheduleD/TotalLiabilityAmt01077453
IRS990ScheduleD/TotalRevenuePerForm990Amt022480573
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IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt021136075
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IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0AS A CHILD DEVELOPMENT SERVICE PROVIDER WITH FUNDING FROM HEADSTART, CHILD, INC INCORPORATES NON-DISCRIMINATORY STATEMENTS IN ALL AVAILABLE MEDIA AND RECRUITING EFFORTS IT USES DURING ITS FISCAL YEAR.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt02
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0SUPPLIES
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1CONTRIB SERVICE
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1FMV
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IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt13426159
IRS990ScheduleM/RealEstateCommercialGrp/ContributionCnt01
IRS990ScheduleM/RealEstateCommercialGrp/MethodOfDeterminingRevenuesTxt0FMV
IRS990ScheduleM/RealEstateCommercialGrp/NonCashCheckboxInd0X
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IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE A HEADSTART/EARLY HEADSTART CHILD CENTERED FAMILY DEVELOPMENT PROGRAM WITH THE GOAL OF LONG TERM BENEFITS FOR THE CHILDREN, THE FAMILY, AND THE COMMUNITY INVOLVED WITH OUR PROGRAM THROUGH IN-DEPTH DAY-TO-DAY INVOLVEMENT OF BOTH PARENTS OR SOMEONE ELSE SERVING THAT ROLE. ALSO HELPING PARENTS UNDERSTAND HOW ESSENTIAL THIER ROLES ARE AND FACILITATING THEIR MEETING THOSE RESPONSIBILITIES AS AN ABSOLUTE NECESSITY OF THE OVERALL CHILD DEVELOPMENT PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 PART IX, LINE 8-9 THE ORGANIZATION PROVIDES ITS EMPLOYEES WITH PAID TIME OFF ("PTO") BENEFIT TO MANAGE TIME AWAY FROM WORK FOR SICK, VACATION, AND PERSONAL LEAVE. THIS POLICY WAS REVISED EFFECTIVE MAY 2015 TO REDUCE THE NUMBER OF PTO HOURS EMPLOYEES ARE ALLOWED TO CARRY FORWARD. UNDER THE NEW POLICY, EMPLOYEES ARE ALLOWED A MAXIMUM OF NO MORE THAN 240 HOURS OF UNSUSED PTO ANNUALLY AND THE AMOUNT TO BE PAID TO EMPLOYEES WHO TERMINATE EMPLOYMENT WITH THE ORGANIZATION IS BASED ON THE EMPLOYEE'S LENGTH OF SERVICE AND ACCRUED PTO BALANCE AT THE TIME OF DEPARTURE. THE CHANGE IN POLICY RESULTED IN AN ADJUSTMENT TO THE STATEMENT OF FUNCTIONAL EXPENSES AND RELATED ACCRUED COMPENSATED ABSENSES BALANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS PREPARED EXTERNALLY BY A CPA FIRM AFTER CONSULTATION WITH THE EXECUTIVE COMMITTEE AND MANAGEMENT. UPON COMPLETION THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND BOARD OF DIRECTORS AND REVIEWED AND SIGNED BY THE EXECUTIVE DIRECTOR PER AUTHORITY GIVEN BY THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOR THE EXECUTIVE DIRECTOR POSITION, THE EXECUTIVE COMMITTEE SPECIFICALLY REVIEWS AND ACTIVELY MANAGES THE PROCESS FOR HIRING AND MAINTAINING THE POSITION. INCLUDED IN THE REVIEW IS AN ANALYSIS OF THE COMPENSATION FOR THE POSITION. THE ANALYSIS CONSIDERS THE SPECIFICS OF THE JOB DESCRIPTION, THE UNIQUE NEEDS OF THE ORGANIZATION, AND COMPARATIVE DATA FOR SIMILAR POSITIONS WITH OTHER ORGANIZATIONS. ALL PHASES OF THE REVIEW ARE DOCUMENTED CONTEMPORANEOUSLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS OF THE ORGANIZATION ARE TO A CERTAIN EXTENT PUBLIC RECORD AVAILABLE THROUGH THE TEXAS SECRETARY OF STATE AND ON THE ORGANIZATION'S WEBSITE. BEYOND THESE DOCUMENTS, THE CONFLICT OF INTEREST POLICY, GOVERNING DOCUMENTS, AND FINANCIAL STATEMENTS ARE RELEASED THROUGH SPECIFIC REQUEST OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR 1,742,969 12,092 0 PROFESSIONAL SERVICES 3,495,239 0 0 TOTAL 5,238,208 12,092 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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