Civic Intelligence

Dripping Springs Isd Educational Foundation

990 • Fiscal year 2017 • EIN 74-2635635

Jul 01, 2016 to Jun 30, 2017 • Filed on Sep 21, 2017

PO Box 479Dripping Springs, TX 78620

(512) 327-2266

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

48th percentile

2.6%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

61st percentile

9.5%

Faster asset growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

66th percentile

13%

Faster revenue growth than 66% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$69,087

Up $5,982 (+9.5%) from 2016

Net Assets

Up

$68,990

Up $6,069 (+9.6%) from 2016

Liabilities

Down

$97

Down $87 (-47%) from 2016

Revenue

Up

$222,212

Up $26,271 (+13%) from 2016

Expenses

Down

$216,474

Down $39,165 (-15%) from 2016

Net Income

Up

$5,738

Up $65,436 (+110%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $50,544Liabilities 2012: $2,5002012Assets 2013: $54,860Liabilities 2013: $02013Assets 2014: $87,717Liabilities 2014: $1,488Net Assets 2014: $86,2292014Assets 2015: $126,660Liabilities 2015: $61,6082015Assets 2016: $63,105Liabilities 2016: $184Net Assets 2016: $62,9212016Assets 2017: $69,087Liabilities 2017: $97Net Assets 2017: $68,9902017Assets 2018: $159,391Liabilities 2018: $343Net Assets 2018: $159,0482018Assets 2019: $283,076Liabilities 2019: $1,496Net Assets 2019: $281,5802019Assets 2020: $287,768Liabilities 2020: $24,201Net Assets 2020: $263,5672020Assets 2021: $277,135Liabilities 2021: $16,002Net Assets 2021: $261,1332021Assets 2022: $336,686Liabilities 2022: $18,021Net Assets 2022: $318,6652022Assets 2023: $520,390Liabilities 2023: $495,033Net Assets 2023: $25,3572023Assets 2024: $290,596Liabilities 2024: $238,119Net Assets 2024: $52,4772024Assets 2025: $160,236Liabilities 2025: $10Net Assets 2025: $160,2262025

Highlighted filing

2017

Assets$69,087
Liabilities$97
Net Assets$68,990

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2012: $37,824Expenses 2012: $53,932Net Income 2012: -$16,1082012Revenue 2013: $124,064Expenses 2013: $117,248Net Income 2013: $6,8162013Revenue 2014: $138,776Expenses 2014: $107,407Net Income 2014: $31,3692014Revenue 2015: $181,374Expenses 2015: $144,647Net Income 2015: $36,7272015Revenue 2016: $195,941Expenses 2016: $255,639Net Income 2016: -$59,6982016Revenue 2017: $222,212Expenses 2017: $216,474Net Income 2017: $5,7382017Revenue 2018: $288,046Expenses 2018: $198,110Net Income 2018: $89,9362018Revenue 2019: $322,999Expenses 2019: $202,019Net Income 2019: $120,9802019Revenue 2020: $410,150Expenses 2020: $428,893Net Income 2020: -$18,7432020Revenue 2021: $397,871Expenses 2021: $400,208Net Income 2021: -$2,3372021Revenue 2022: $534,378Expenses 2022: $476,969Net Income 2022: $57,4092022Revenue 2023: $863,149Expenses 2023: $1,156,593Net Income 2023: -$293,4442023Revenue 2024: $491,011Expenses 2024: $463,891Net Income 2024: $27,1202024Revenue 2025: $611,590Expenses 2025: $503,841Net Income 2025: $107,7492025

Highlighted filing

2017

Revenue$222,212
Expenses$216,474
Net Income$5,738
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Sep 21, 2017
Return Version
2016v3.0
Gross Receipts
$316,152
Mission and Program Overview

Mission

The dripping springs education foundation was formed to support academic goals and achievement at every school in the dripping springs independent school district by raising and allocating private sector funds.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$62,921$68,990▲ $6,069
Cash and Non-Interest-Bearing Accounts$35,910$40,724▲ $4,814
Investments in Publicly Traded Securities$27,195$28,363▲ $1,168
Total Assets$63,105$69,087▲ $5,982
Liabilities
Accounts Payable and Accrued Expenses$184$97▼ $87
Total Liabilities$184$97▼ $87
Net Assets / Fund Balance
Total Net Assets Fund Balance$62,921$68,990▲ $6,069
Total Liabilities and Net Assets / Fund Balance$63,105$69,087▲ $5,982
Compensation and Service Providers

Board Members and Trustees

NameTitle
Max HunsickerPresident
Virginia HassellVice President Communications
Mike HoganVice President Development
Alexia DauteriveVice President Finance
Dr Jim MiskoVice President Strategic Planning
BOB O'BOYLEBoard Member
Ben IngramBoard Member
Daniel PayneBoard Member
Janna WelchBoard Member
Jim KrajeckiBoard Member
Joanne Cicala InscoreBoard Member
Josh TodBoard Member
Julie PryorBoard Member
Laurie GreerBoard Member
Mary Jane HetrickBoard Member
Matt PickensBoard Member
Nannette EricksonBoard Member
Patty FougeratBoard Member
Scott SmithBoard Member
Stephanie CollinsBoard Member
Stephanie LeibeBoard Member
Whitney HerreraBoard Member
John AdamsSecretary
Mandy PappSecretary
Dr Bruce GearingSuperintendent of Schools
Revenue and Support

Revenue Composition

Contributions and Grants
$209,017
Program Service Revenue
$0
Investment Income
$948
Other Revenue
$12,247
All Other Contributions
$106,877
Change in Net Assets
$5,738
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$188,332
Salaries, Compensation, and Employee Benefits$15,942
Other Expenses$12,200
Total Fundraising Expense$1,408
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$188,332--$188,332
Other Salaries and Wages$11,848$2,221$740$14,809
Other Expenses$3,804$713$238$4,755
Advertising$2,400$451$150$3,001
Insurance$1,171$219$73$1,463
Payroll Taxes$906$170$57$1,133
Fees for Services Accounting$724$136$45$905
Office Expenses$308$58$20$386
Conferences and Meetings$19$4$1$24
Fees for Services Management$16$3$1$20
Total Functional Expenses$210,844$4,222$1,408$216,474
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dripping Springs IsdDripping Springs, TX-See Part Iii, 1$188,332
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$106,187
Fundraising Direct Expenses$93,940
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$187,215$114,875$29,054$85,821
Golf Tournament$45,259$12,909$2,533$10,376
Total Events$232,474$127,784$93,227$34,557
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
Backup withholding compliance
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
Dripping Springs Education Foundation
EIN
74-2635635
Phone
5123272266
Address
PO BOX 479, DRIPPING SPRINGS, TX 78620

Signing Officer

Name
Max Hunsicker
Title
President
Phone
5123272266
Signed
2017-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Max Hunsicker
Formed
1992
Legal Domicile
TX
Voting Board Members
27
Independent Board Members
27
Employees
1
Volunteers
0

Preparer

Firm
Peterson CPA PLLC
Address
PO Box 350, Dripping Springs, TX 78620
Preparer
Derek Peterson
Phone
5127174290
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

All documents are available to the public upon request

Pt VI, Line 12C

Per the corporation's bylaws in article v section 8 - conflict of interest. The corporation's affirmative policy shall be to require that all actual or potential conflicts be discussed promptly and disclosed fully to the board and all other necessary parties. Any director having a conflict on any matter shall neither participate in the deliberation nor vote on any such matter and shall not compel any other director in any manner with respect to the conflict. The board may from time to time, establish such rules and regulations in furtherance of this policy, as deemed appropriate. The corporation's habit is to openly discuss these issues at every meeting.

Pt VI, Line 11B

This form 990 as filed was provided to each officer and director via secure electronic means for review, comment, and approval before filing.

Pt XI

Line 9: amount represents rounding differences

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IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT FINANCE
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IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt22SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt23SUPERINTENDENT OF SCHOOLS
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0188332
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0316152
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt027
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/FundraisingAmt073
IRS990/InsuranceGrp/ManagementAndGeneralAmt0219
IRS990/InsuranceGrp/ProgramServicesAmt01171
IRS990/InsuranceGrp/TotalAmt01463
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0948
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027195
IRS990/InvestmentsPubTradedSecGrp/EOYAmt028363
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE DRIPPING SPRINGS EDUCATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt062921
IRS990/NetAssetsOrFundBalancesEOYAmt068990
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt012247
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt012247
IRS990/NetUnrlzdGainsLossesInvstAmt0329
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt020
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt058
IRS990/OfficeExpensesGrp/ProgramServicesAmt0308
IRS990/OfficeExpensesGrp/TotalAmt0386
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt02
IRS990/OtherExpensesGrp/Desc0MERCHANT FEES
IRS990/OtherExpensesGrp/Desc1DUES & MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc2BENEVOLANCE
IRS990/OtherExpensesGrp/Desc3SOFTWARE SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt055
IRS990/OtherExpensesGrp/FundraisingAmt115
IRS990/OtherExpensesGrp/FundraisingAmt213
IRS990/OtherExpensesGrp/FundraisingAmt3238
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0164
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt145
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt238
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3713
IRS990/OtherExpensesGrp/ProgramServicesAmt0875
IRS990/OtherExpensesGrp/ProgramServicesAmt1240
IRS990/OtherExpensesGrp/ProgramServicesAmt2201
IRS990/OtherExpensesGrp/ProgramServicesAmt33804
IRS990/OtherExpensesGrp/TotalAmt01094
IRS990/OtherExpensesGrp/TotalAmt1300
IRS990/OtherExpensesGrp/TotalAmt2252
IRS990/OtherExpensesGrp/TotalAmt34755
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0740
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02221
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt011848
IRS990/OtherSalariesAndWagesGrp/TotalAmt014809
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt057
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0170
IRS990/PayrollTaxesGrp/ProgramServicesAmt0906
IRS990/PayrollTaxesGrp/TotalAmt01133
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MAX HUNSICKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0185853
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0224224
IRS990/PYInvestmentIncomeAmt01298
IRS990/PYOtherExpensesAmt015267
IRS990/PYOtherRevenueAmt08790
IRS990/PYRevenuesLessExpensesAmt0-59698
IRS990/PYSalariesCompEmpBnftPaidAmt016148
IRS990/PYTotalExpensesAmt0255639
IRS990/PYTotalRevenueAmt0195941
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt05738
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0222212
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt062921
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt068990
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0209017
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0185853
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0167891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt083607
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt077154
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0723522
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0948
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01709
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01163
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01412
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06530
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99110
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.98720
IRS990ScheduleA/PublicSupportTotal170Amt0723522
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0209017
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0185853
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0167891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt083607
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt077154
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0723522
IRS990ScheduleA/TotalSupportAmt0730052
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
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt0100
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt0100
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0104690
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt072340
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt032350
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt093227
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04640
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04640
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt023566
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt010
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt023576
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0187215
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt045259

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.61$0.50$0.11
2024Detailed filing. Detailed filing data is available for this year.$0.29$0.24$0.05$0.49$0.46$0.03
2023Detailed filing. Detailed filing data is available for this year.$0.52$0.50$0.03$0.86$1.16$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.02$0.32$0.53$0.48$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.02$0.26$0.40$0.40$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.29$0.02$0.26$0.41$0.43$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.28$0.00$0.28$0.32$0.20$0.12
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.29$0.20$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.22$0.22$0.01
2016Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.20$0.26$0.06
2015Summary only. Only limited summary data is available for this year.$0.13$0.06$0.18$0.14$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.14$0.11$0.03
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.12$0.12$0.01
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$0.04$0.05$0.02