Civic Intelligence

Formby Foundation

990PF • Fiscal year 2020 • EIN 74-2644571

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

3825 Lake Austin Blvd Rm/Ste 402Austin, TX 78703

(512) 477-8000

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2020 filings • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2020 filings • <$500k nonprofits • Source year 2020

Asset Growth

27th percentile

-9.6%

Faster asset growth than 27% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$9,347

Down $998 (-9.6%) from 2019

Net Assets

Down

$9,347

Down $998 (-9.6%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$0

Down $4 (-100%) from 2019

Expenses

Flat

$1,000

Flat from 2019

Net Income

Down

-$1,000

Down $4 (-0.4%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $85,756Liabilities 2011: $02011Assets 2012: $75,760Liabilities 2012: $02012Assets 2013: $58,929Liabilities 2013: $02013Assets 2014: $61,804Liabilities 2014: $02014Assets 2015: $32,675Liabilities 2015: $02015Assets 2018: $11,341Liabilities 2018: $0Net Assets 2018: $11,3412018Assets 2019: $10,345Liabilities 2019: $0Net Assets 2019: $10,3452019Assets 2020: $9,347Liabilities 2020: $0Net Assets 2020: $9,3472020Assets 2021: $8,347Liabilities 2021: $0Net Assets 2021: $8,3472021Assets 2022: $7,848Liabilities 2022: $0Net Assets 2022: $7,8482022Assets 2023: $7,358Liabilities 2023: $0Net Assets 2023: $7,3582023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$9,347
Liabilities$0
Net Assets$9,347

Operations Trend

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

$40K$20K$0-$20K-$40KRevenue 2011: $13,150Expenses 2011: $38,485Net Income 2011: -$25,3352011Revenue 2012: $2,768Expenses 2012: $12,764Net Income 2012: -$9,9962012Revenue 2013: -$95Expenses 2013: $16,736Net Income 2013: -$16,8312013Revenue 2014: $12,846Expenses 2014: $9,971Net Income 2014: $2,8752014Revenue 2015: -$186Expenses 2015: $28,943Net Income 2015: -$29,1292015Revenue 2018: $13Expenses 2018: $2,230Net Income 2018: -$2,2172018Revenue 2019: $4Expenses 2019: $1,000Net Income 2019: -$9962019Revenue 2020: $0Expenses 2020: $1,000Net Income 2020: -$1,0002020Revenue 2021: $0Expenses 2021: $1,000Net Income 2021: -$1,0002021Revenue 2022: $1Expenses 2022: $500Net Income 2022: -$4992022Revenue 2023: $10Expenses 2023: $500Net Income 2023: -$4902023Revenue 2024: $5Expenses 2024: $7,363Net Income 2024: -$7,3582024

Highlighted filing

2020

Revenue$0
Expenses$1,000
Net Income-$1,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM L FORMBYPres/VP-$0--
KATRINE S FORMBYSec/Tres-$0--
Filing and Contact Details

Filer

Filer Name
Formby Foundation
EIN
74-2644571
Phone
5124778000
Address
3825 LAKE AUSTIN BLVD RM/STE 402, AUSTIN, TX 78703

Signing Officer

Name
William L Formby
Title
Pres/VP
Phone
5124778000
Signed
2021-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Leo Gates & Associates
Address
111 W ANDERSON LN STE D222, AUSTIN, TX 78752
Preparer
David W Sykora
Phone
5124515353
Raw XML Appendix185 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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AccountingFeesSchedule/AccountingFeesDetail/CategoryTxt0PROFESSIONAL FEES
AccountingFeesSchedule/AccountingFeesDetail/DisbursementsCharitablePrpsAmt0500
AccountingFeesSchedule/AccountingFeesDetail/NetInvestmentIncomeAmt0500
IRS990PF/AnalysisIncomeProducingActyGrp/IntOnSavAndTempCashInvstGrp/ExclusionCd014
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt0500
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt0500
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt01000
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-1000
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt00
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IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt00
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0500
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IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt01000
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-1000
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt09347
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt010347
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt09347
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt0460
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt0460
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt0460
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt0460
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IRS990PF/FMVAssetsEOYAmt09347
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IRS990PF/Form990PFBalanceSheetsGrp/RetainedEarningBOYAmt010347
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IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYAmt01799
IRS990PF/Form990PFBalanceSheetsGrp/SavAndTempCashInvstEOYFMVAmt01799
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsBOYAmt010347
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYAmt09347
IRS990PF/Form990PFBalanceSheetsGrp/TotalAssetsEOYFMVAmt09347
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesEOYAmt00
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstBOYAmt010347
IRS990PF/Form990PFBalanceSheetsGrp/TotalLiabilitiesNetAstEOYAmt09347
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesBOYAmt010347
IRS990PF/Form990PFBalanceSheetsGrp/TotNetAstOrFundBalancesEOYAmt09347
IRS990PF/MethodOfAccountingCashInd0X
IRS990PF/MinimumInvestmentReturnGrp/AdjustedTotalFMVOfUnusedAstAmt09347
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyCashBalancesAmt07548
IRS990PF/MinimumInvestmentReturnGrp/AverageMonthlyFMVOfSecAmt01799
IRS990PF/MinimumInvestmentReturnGrp/CashDeemedCharitableAmt0140
IRS990PF/MinimumInvestmentReturnGrp/FMVAllOtherNoncharitableAstAmt00
IRS990PF/MinimumInvestmentReturnGrp/MinimumInvestmentReturnAmt0460
IRS990PF/MinimumInvestmentReturnGrp/NetVlNoncharitableAssetsAmt09207
IRS990PF/MinimumInvestmentReturnGrp/TotalFMVOfUnusedAssetsAmt09347
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdCntrctOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/CompOfHghstPdEmplOrNONETxt0NONE
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/CompensationAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/EmployeeBenefitProgramAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0WILLIAM L FORMBY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1KATRINE S FORMBY
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt0PRES/VP
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/TitleTxt1SEC/TRES
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt03825 LAKE AUSTIN BLVD 402
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/AddressLine1Txt13825 LAKE AUSTIN BLVD 402
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm0AUSTIN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/CityNm1AUSTIN
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd0TX
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/StateAbbreviationCd1TX
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd078703
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/USAddress/ZIPCd178703
IRS990PF/Organization501c3ExemptPFInd0X
IRS990PF/QualifyingDistriPartXIIGrp/AdjustedQualifyingDistriAmt0500
IRS990PF/QualifyingDistriPartXIIGrp/ExpensesAndContributionsAmt0500
IRS990PF/QualifyingDistriPartXIIGrp/QualifyingDistributionsAmt0500
IRS990PF/StatementsRegardingActy4720Grp/BrrwOrLendDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/BusinessHoldingsInd0false
IRS990PF/StatementsRegardingActy4720Grp/FurnGoodsDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToIndividualsInd0false
IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceElectionInd0false
IRS990PF/StatementsRegardingActy4720Grp/InfluenceLegislationInd0false
IRS990PF/StatementsRegardingActy4720Grp/JeopardyInvestmentsInd0false
IRS990PF/StatementsRegardingActy4720Grp/NoncharitablePurposeInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayCompDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/PaymentToGovernmentOfficialInd0false
IRS990PF/StatementsRegardingActy4720Grp/PayPremiumsPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/ProhibitedTaxShelterTransInd0false
IRS990PF/StatementsRegardingActy4720Grp/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990PF/StatementsRegardingActy4720Grp/SaleOrExchDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990PF/StatementsRegardingActy4720Grp/TransferAstDisqualifiedPrsnInd0false
IRS990PF/StatementsRegardingActy4720Grp/UncorrectedPYJeopardyInvstInd0false
IRS990PF/StatementsRegardingActy4720Grp/UndistributedIncomePYInd0false
IRS990PF/StatementsRegardingActyGrp/ActivitiesNotPreviouslyRptInd0false
IRS990PF/StatementsRegardingActyGrp/AtLeast5000InAssetsInd0true
IRS990PF/StatementsRegardingActyGrp/ChangesToArticlesOrBylawsInd0false
IRS990PF/StatementsRegardingActyGrp/ComplyWithPublicInspRqrInd0true
IRS990PF/StatementsRegardingActyGrp/DonorAdvisedFundInd0false
IRS990PF/StatementsRegardingActyGrp/ForeignAccountsQuestionInd0false
IRS990PF/StatementsRegardingActyGrp/Form1120POLFiledInd0false
IRS990PF/StatementsRegardingActyGrp/Form990PFFiledWithAttyGenInd0true
IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0WILLIAM KATRINE FORMBY
IRS990PF/StatementsRegardingActyGrp/LegislativePoliticalActyInd0false
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/AddressLine1Txt03825 LAKE AUSTIN BLVD 402
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0AUSTIN
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/StateAbbreviationCd0TX
IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd078703
IRS990PF/StatementsRegardingActyGrp/MoreThan100SpentInd0false
IRS990PF/StatementsRegardingActyGrp/NewSubstantialContributorsInd0false
IRS990PF/StatementsRegardingActyGrp/OrganizationDissolvedEtcInd0false
IRS990PF/StatementsRegardingActyGrp/OrgReportOrRegisterStateCd0TX
IRS990PF/StatementsRegardingActyGrp/OwnControlledEntityInd0false
IRS990PF/StatementsRegardingActyGrp/PhoneNum05124778000
IRS990PF/StatementsRegardingActyGrp/PrivateOperatingFoundationInd0false
IRS990PF/StatementsRegardingActyGrp/Section508eRqrSatisfiedInd0true
IRS990PF/StatementsRegardingActyGrp/UnrelatedBusIncmOverLimitInd0false
IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0N/A
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/OnlyContriToPreselectedInd0X
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/LoansOrLoanGuaranteesInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PerformanceOfServicesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/PurchaseOfAssetsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/ReimbursementArrangementsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RelationshipsNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/RentalOfFacilitiesOthAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SalesOrExchangesOfAssetsInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/SharingOfFacilitiesEtcInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOfCashToNonchrtblEOInd0false
IRS990PF/TrnsfrTransRlnNonchrtblEOGrp/TrnsfrOtherAssetNonchrtblEOInd0false
IRS990PF/UndistributedIncomeGrp/AppliedToCurrentYearAmt0460
IRS990PF/UndistributedIncomeGrp/DistributableAsAdjustedAmt0460
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr2Amt0523
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr3Amt0348
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr4Amt014532
IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovYr5Amt025907
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt025907
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt015443
IRS990PF/UndistributedIncomeGrp/ExcessFromCurrentYearAmt040
IRS990PF/UndistributedIncomeGrp/ExcessFromYear2Amt0523
IRS990PF/UndistributedIncomeGrp/ExcessFromYear3Amt0348
IRS990PF/UndistributedIncomeGrp/ExcessFromYear4Amt014532
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt0500
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt040
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt041350
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt041310
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM L FORMBY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES/VP
ReturnHeader/BusinessOfficerGrp/PhoneNum05124778000
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FORMBY FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FORM
ReturnHeader/Filer/EIN0742644571
ReturnHeader/Filer/PhoneNum05124778000
ReturnHeader/Filer/USAddress/AddressLine1Txt03825 LAKE AUSTIN BLVD RM/STE 402
ReturnHeader/Filer/USAddress/CityNm0AUSTIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078703
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0844848400
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LEO GATES & ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 W ANDERSON LN STE D222
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AUSTIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078752
ReturnHeader/PreparerPersonGrp/PhoneNum05124515353
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID W SYKORA
ReturnHeader/ReturnTs02021-11-12T18:22:58-06:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0FORMBY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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