Civic Intelligence

Lake Travis Education Foundation

990 • Fiscal year 2016 • EIN 74-2406134

Jun 01, 2015 to May 31, 2016 • Filed on Apr 14, 2017

3322 Ranch Road 620 SouthAustin, TX 78738

(512) 533-5968

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

26th percentile

0.00x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

43rd percentile

0.7%

Higher net margin than 43% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

41st percentile

-0.7%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

16%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$578,196

Down $4,102 (-0.7%) from 2015

Net Assets

Down

$578,196

Down $4,102 (-0.7%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$368,709

Up $51,320 (+16%) from 2015

Expenses

Up

$366,248

Up $47,503 (+15%) from 2015

Net Income

Up

$2,461

Up $3,817 (+281%) from 2015

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $681,285Liabilities 2011: $1,900Net Assets 2011: $679,3852011Assets 2012: $648,483Liabilities 2012: $0Net Assets 2012: $648,4832012Assets 2013: $705,751Liabilities 2013: $0Net Assets 2013: $705,7512013Assets 2014: $583,654Liabilities 2014: $0Net Assets 2014: $583,6542014Assets 2015: $582,298Liabilities 2015: $0Net Assets 2015: $582,2982015Assets 2016: $578,196Liabilities 2016: $0Net Assets 2016: $578,1962016Assets 2017: $650,221Liabilities 2017: $0Net Assets 2017: $650,2212017Assets 2018: $554,181Liabilities 2018: $0Net Assets 2018: $554,1812018Assets 2019: $673,823Liabilities 2019: $43,232Net Assets 2019: $630,5912019Assets 2020: $798,682Liabilities 2020: $55,205Net Assets 2020: $743,4772020Assets 2021: $945,489Liabilities 2021: $72,168Net Assets 2021: $873,3212021Assets 2022: $1,045,981Liabilities 2022: $118,243Net Assets 2022: $927,7382022Assets 2023: $1,504,574Liabilities 2023: $464,186Net Assets 2023: $1,040,3882023Assets 2024: $1,688,478Liabilities 2024: $450,000Net Assets 2024: $1,238,4782024

Highlighted filing

2016

Assets$578,196
Liabilities$0
Net Assets$578,196

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $282,945Expenses 2011: $247,324Net Income 2011: $35,6212011Revenue 2012: $238,448Expenses 2012: $269,350Net Income 2012: -$30,9022012Expenses 2013: $284,6022013Revenue 2014: $210,247Expenses 2014: $332,344Net Income 2014: -$122,0972014Revenue 2015: $317,389Expenses 2015: $318,745Net Income 2015: -$1,3562015Revenue 2016: $368,709Expenses 2016: $366,248Net Income 2016: $2,4612016Revenue 2017: $500,216Expenses 2017: $428,191Net Income 2017: $72,0252017Revenue 2018: $229,196Expenses 2018: $325,236Net Income 2018: -$96,0402018Revenue 2019: $402,081Expenses 2019: $325,671Net Income 2019: $76,4102019Revenue 2020: $495,401Expenses 2020: $412,881Net Income 2020: $82,5202020Revenue 2021: $560,077Expenses 2021: $430,233Net Income 2021: $129,8442021Revenue 2022: $744,594Expenses 2022: $690,177Net Income 2022: $54,4172022Revenue 2023: $781,656Expenses 2023: $669,006Net Income 2023: $112,6502023Revenue 2024: $862,453Expenses 2024: $664,363Net Income 2024: $198,0902024

Highlighted filing

2016

Revenue$368,709
Expenses$366,248
Net Income$2,461
Jump To
Filing Snapshot
Filing Period
Jun 1, 2015 to May 31, 2016
Signed
Apr 14, 2017
Return Version
2015v3.0
Gross Receipts
$572,695
Mission and Program Overview

Mission

Support Teachers and Students with Grants and Scholarships

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$480,154$471,499▼ $8,655
Cash and Non-Interest-Bearing Accounts$92,881$106,697▲ $13,816
Accounts Receivable$2,700--
Total Assets$575,735$578,196▲ $2,461
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$450,514$422,275▼ $28,239
Permanently Rstr Net Assets$124,294$124,294→ $0
Temporarily Rstr Net Assets$927$31,627▲ $30,700
Total Net Assets Fund Balance$575,735$578,196▲ $2,461
Total Liabilities and Net Assets / Fund Balance$575,735$578,196▲ $2,461

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$45,430--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$359,146
Program Service Revenue
$0
Investment Income
$9,563
Other Revenue
$0
All Other Contributions
$117,017
Change in Net Assets
$2,461
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$293,546
Other Expenses$72,702
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$275,000--$275,000
Grants to Domestic Individuals$18,546--$18,546
Fees for Services Accounting$0$4,300$0$4,300
All Other Expenses$0$4,036$0$4,036
Advertising$0$3,815$0$3,815
Office Expenses$0$1,566$0$1,566
Insurance$0$1,210$0$1,210
Other Expenses$0$163$0$163
Total Functional Expenses$293,546$72,702$0$366,248
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lake Travis ISDAustin, TX-To support teachers and students$275,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$203,986
Fundraising Gross Income$203,986
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$360,305$360,305$40,612$319,693
Golf$42,175$42,175$13,303$28,872
Total Events$446,116$446,116$203,986$242,130
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Lake Travis Education Foundation
EIN
74-2406134
Phone
5125335968
Address
3322 Ranch Road 620 South, Austin, TX 78738

Signing Officer

Name
Kevin Claypool
Title
Executive Director
Phone
5125335968
Signed
2017-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Troy Mechura
Formed
1985
Legal Domicile
TX
Voting Board Members
26
Independent Board Members
26
Employees
0
Volunteers
30

Preparer

Firm
West Davis & Company LLP
Address
11824 Jollyville Road Suite 100, Austin, TX 78759
Preparer
Gary Davis
Phone
5123400222
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Distributed with meeting notice & other documents prior to meeting; Board asked to respond with questions

Pt VI, Line 19

Governing Documents & Conflict of Interest Policy not listed on website for general public, but can be made availabel upon request; audited financial statements listed on LTEF website as "available upon request"

Pt VI, Line 12C

Annually, all members of the Board of Directors must read the Conflict of Interest Policy and sign a Conflict of Interest form, which is kept on file. This policy is included in the Governing Documents.

Form 990EZ, Part I, Line 8

Other

Form 990EZ, Part I, Line 16

Administrative Support

Form 990EZ, Part I, Line 16

Insurance

Form 990EZ, Part I, Line 16

Postage

Form 990EZ, Part I, Line 16

Credit Card

Form 990EZ, Part I, Line 16

Public Relations

Form 990EZ, Part I, Line 16

Supplies

Form 990EZ, Part I, Line 16

Other Expenses

Form 990EZ, Part I, Line 16

Miscellaneous

Form 990, Part IX, Line 24E

Software/Online Services 1437. 0. 1437. 0.

Form 990, Part IX, Line 24E

Nominating and Development 601. 0. 601. 0.

Form 990, Part IX, Line 24E

Miscellaneous Expense 325. 0. 325. 0.

Form 990, Part IX, Line 24E

Annual report printing & postage 1673. 0. 1673. 0.

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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Support Teachers and Students with Grants and Scholarships
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0575735
IRS990/NetAssetsOrFundBalancesEOYAmt0578196
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01566
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt01566
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0Administrative Support
IRS990/OtherExpensesGrp/Desc1Bank/Credit Card Expense
IRS990/OtherExpensesGrp/Desc2Storage
IRS990/OtherExpensesGrp/Desc3Supplies
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt054588
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12653
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2371
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3163
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt054588
IRS990/OtherExpensesGrp/TotalAmt12653
IRS990/OtherExpensesGrp/TotalAmt2371
IRS990/OtherExpensesGrp/TotalAmt3163
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Other Revenue
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0124294
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0124294
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TROY MECHURA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0TO AWARD GRANTS TO BENEFIT THE STUDENTS OF LAKE TRAVIS ISD FOR ITEMS THAT ARE NEEDED TO IMPROVE THE CLASSROOMS AND ARE NOT PROVIDED THROUGH REGULAR SCHOOL FUNDING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0275000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0275000
IRS990/ProgSrvcAccomActy3Grp/Desc0PRINTING AND ADMINISTRATIVE EXPENSES RELATED TO ABOVE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0296
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0300725
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0245855
IRS990/PYInvestmentIncomeAmt013168
IRS990/PYOtherExpensesAmt075957
IRS990/PYRevenuesLessExpensesAmt0-7919
IRS990/PYTotalExpensesAmt0321812
IRS990/PYTotalRevenueAmt0313893
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt02461
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0359146
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0300725
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0205555
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0336260
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0238287
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01439973
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt09563
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt013168
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04692
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05611
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033195
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97750
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.97690
IRS990ScheduleA/PublicSupportTotal170Amt01439973
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0359146
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0300725
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0205555
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0336260
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0238287
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01439973
IRS990ScheduleA/TotalSupportAmt01473168
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt053
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1121949
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt279605
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt3224462
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt445430
IRS990ScheduleD/OtherSecuritiesGrp/Desc0US Government Agencies
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Corporate Bonds
IRS990ScheduleD/OtherSecuritiesGrp/Desc2Mutual Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc3Equities
IRS990ScheduleD/OtherSecuritiesGrp/Desc4Other
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/TotalBookValueSecuritiesAmt0471499
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0203986
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Gala
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Golf
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0360305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt042175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt043636
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0446116
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0360305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt042175
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt043636
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0446116
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0242130
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt036993
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt036993
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt04331
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt058246
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt040612
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt013303

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.45$1.24$0.86$0.66$0.20
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.46$1.04$0.78$0.67$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.12$0.93$0.74$0.69$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.07$0.87$0.56$0.43$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.06$0.74$0.50$0.41$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.04$0.63$0.40$0.33$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.55$0.23$0.33$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.00$0.65$0.50$0.43$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.37$0.37$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.32$0.32$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.21$0.33$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.28
2012Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$0.24$0.27$0.03
2011Summary only. Only limited summary data is available for this year.$0.68$0.00$0.68$0.28$0.25$0.04