Civic Intelligence

Southwestern Foundation

990 • Fiscal year 2011 • EIN 74-2736740

Jan 01, 2011 to Dec 31, 2011 • Filed on Nov 12, 2012

Attn Richard Anderson1001 East University Ave78626
Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

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

2011 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

49th percentile

0.0%

Faster asset growth than 49% of similar nonprofits.

2011 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2010 to 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Flat

$1,900,152

Flat from 2010

Net Assets

Flat

$1,900,152

Flat from 2010

Liabilities

Flat

$0

Flat from 2010

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$236

Down $763 (-76%) from 2010

Net Income

-

No earlier filing loaded for comparison.

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 2010: $1,900,152Liabilities 2010: $0Net Assets 2010: $1,900,1522010Assets 2011: $1,900,152Liabilities 2011: $0Net Assets 2011: $1,900,1522011Assets 2012: $1,900,152Liabilities 2012: $0Net Assets 2012: $1,900,1522012Assets 2013: $1,900,152Liabilities 2013: $0Net Assets 2013: $1,900,1522013Assets 2014: $1,900,152Liabilities 2014: $0Net Assets 2014: $1,900,1522014Assets 2015: $1,900,152Liabilities 2015: $0Net Assets 2015: $1,900,1522015Assets 2016: $1,900,152Liabilities 2016: $0Net Assets 2016: $1,900,1522016Assets 2017: $1,900,152Liabilities 2017: $0Net Assets 2017: $1,900,1522017Assets 2018: $1,900,152Liabilities 2018: $0Net Assets 2018: $1,900,1522018Assets 2019: $1,900,152Liabilities 2019: $0Net Assets 2019: $1,900,1522019Assets 2020: $83,227Liabilities 2020: $0Net Assets 2020: $83,2272020Assets 2021: $83,227Liabilities 2021: $0Net Assets 2021: $83,2272021Assets 2022: $82,340Liabilities 2022: $0Net Assets 2022: $82,3402022Assets 2023: $82,340Liabilities 2023: $0Net Assets 2023: $82,3402023Assets 2024: $82,340Liabilities 2024: $0Net Assets 2024: $82,3402024

Highlighted filing

2011

Assets$1,900,152
Liabilities$0
Net Assets$1,900,152

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $9992010Expenses 2011: $2362011Revenue 2012: $993Expenses 2012: $993Net Income 2012: $02012Revenue 2013: $6,311Expenses 2013: $6,311Net Income 2013: $02013Revenue 2014: $20,965Expenses 2014: $20,965Net Income 2014: $02014Revenue 2015: $4,422Expenses 2015: $4,422Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $289Expenses 2018: $289Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $5,900,329Expenses 2020: $7,717,254Net Income 2020: -$1,816,9252020Revenue 2021: $12,787Expenses 2021: $12,787Net Income 2021: $02021Revenue 2022: $36,940Expenses 2022: $37,827Net Income 2022: -$8872022Revenue 2023: $22,791Expenses 2023: $0Net Income 2023: $22,7912023Revenue 2024: $19,291Expenses 2024: $0Net Income 2024: $19,2912024

Highlighted filing

2011

Revenue-
Expenses$236
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2011 to Dec 31, 2011
Signed
Nov 12, 2012
Return Version
2011v1.2
Gross Receipts
$236
Mission and Program Overview

Mission

To support Southwestern University. The purposes for which Southwestern Foundation is organized and operated are exclusively for charitable, scientific, literary, and educational purposes, and in accomplishment of such purposes, the Foundation is administered solely for the benefit and support of Southwestern University. In doing so, the Foundation also maintains real or personal property, or both, and uses and applies the income therefrom and the principal thereof exclusively for charitable and educational purposes for the benefit of Southwestern University.

Major Activities

Activity 2
The Foundation's property taxes, payable in accordance with assessed values calculated by the Williamson County Appraisal District, are paid to the Williamson County Tax Assessor by Southwestern University on behalf of the Foundation, and thus, the amount of $236 is reflected here as Revenue and Expense.
Filing and Contact Details

Filer

EIN
74-2736740
Raw XML AppendixShowing 400 of 428 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/Activity2/Description0The Foundation's property taxes, payable in accordance with assessed values calculated by the Williamson County Appraisal District, are paid to the Williamson County Tax Assessor by Southwestern University on behalf of the Foundation, and thus, the amount of $236 is reflected here as Revenue and Expense.
IRS990/Activity2/Expense0236
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IRS990/ActivityOrMissionDescription0The Southwestern Foundation is administered solely for the benefit and support of Southwestern University
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IRS990/Description0The Foundation, as described in the mission statement in Part III above, in part, manages real property for the benefit of Southwestern University. As of December 31, 2011, the Foundation was the legal owner of a 76.85 percent undivided interest in land near Leander, Texas. No rental income was received or recorded in 2011 due to a decision to provide the tenant who leases the property with a waiver from rental fees due to the extreme drought conditions being experienced across the Central Texas region. This is permitted by Texas Tax Appraisal Districts when such severe conditions do not allow for grazing, and tenants are unable to make a return from their grazing efforts.
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IRS990/MissionDescription0To support Southwestern University. The purposes for which Southwestern Foundation is organized and operated are exclusively for charitable, scientific, literary, and educational purposes, and in accomplishment of such purposes, the Foundation is administered solely for the benefit and support of Southwestern University. In doing so, the Foundation also maintains real or personal property, or both, and uses and applies the income therefrom and the principal thereof exclusively for charitable and educational purposes for the benefit of Southwestern University.
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IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1Richard L Anderson
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson2Gary L Logan
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IRS990ScheduleO/GeneralExplanation/Explanation0The final, draft of the prepared return is provided to all 5 trustees for review, questions, and comment before the Form 990 is filed with the IRS
IRS990ScheduleO/GeneralExplanation/Explanation1Monitoring of the Conflicts of Interest Policy. Each Trustee and Officer annually receives a copy of the Conflicts of Interest Policy and Independence Policy. Each Trustee and Officer is required to complete an Independence Questionnaire; each Trustee and Officer is required to acknowledge the policies and report any conflicts or independence exceptions. The Audit Committee of Southwestern University is responsible for the oversight of the IRS Form 990 and the Conflicts/Independence policies and annually reviews the process and exceptions all for and on behalf of Southwestern University and Southwestern Foundation.
IRS990ScheduleO/GeneralExplanation/Explanation2This is not applicable. No compenation is paid to Foundation Officers.
IRS990ScheduleO/GeneralExplanation/Explanation3Public disclosure of documents and policies. The Foundation's governing documents, conflicts of interest policy, financial statements, Form 990, and other related documents are posted on the Southwestern University web site at www.southwestern.edu/foundation
IRS990ScheduleO/GeneralExplanation/Explanation4Average hours per week. Schrum, Anderson, and Logan are employees of the related organization Southwestern University. Hours per week devoted to the Southwestern University are .1 hours per week for Southwestern Foundation, and 39.9 hours per week for Southwestern University.
IRS990ScheduleO/GeneralExplanation/Identifier0F990_P06_S0B_L11b
IRS990ScheduleO/GeneralExplanation/Identifier1F990_P06_S0B_L12c
IRS990ScheduleO/GeneralExplanation/Identifier2F990_P06_S0B_L15
IRS990ScheduleO/GeneralExplanation/Identifier3F990_P06_S0C_L19
IRS990ScheduleO/GeneralExplanation/Identifier4F990_P07_S0A_L01a
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VII, Section A, Line 1a
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IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine101001 East University Ave
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IRS990ScheduleR/Form990ScheduleRPartII/PrimaryActivities04-year college (educational purpose & activities)
IRS990ScheduleR/Form990ScheduleRPartII/PublicCharityStatus0170(b)(1)(A)(ii)
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IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination0Foundation Officers (Schrum, Anderson, Logan) are also employees of the related organization Southwestern University. These employees of Southwestern University also devote time towards the accomplishment of the purposes/mission of the Southwestern Foundation. No additional compensation is paid to these Foundation Officers by the Foundation. The only compensation received is the amount paid by Southwestern University as reported on both of the IRS 990s for the University and Foundation.
IRS990ScheduleR/TransactionsRelatedOrgsTable/MethodOfAmtDetermination1Southwestern University funded the payment of property taxes paid to the Willamson County Tax Assessor.
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine10Southwestern University
IRS990ScheduleR/TransactionsRelatedOrgsTable/NameOfOtherOrganization/BusinessNameLine11Southwestern University
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IRS990/TotalLiabilities/BOY00
IRS990/TotalLiabilitiesBOY00
IRS990/TotalLiabilities/EOY00
IRS990/TotalLiabilitiesEOY00
IRS990/TotalLiabNetAssetsFundBalances/BOY01900152
IRS990/TotalLiabNetAssetsFundBalances/EOY01900152
IRS990/TotalNbrEmployees00
IRS990/TotalNbrVolunteers00
IRS990/TotalNetAssetsFundBalances/BOY01900152
IRS990/TotalNetAssetsFundBalances/EOY01900152
IRS990/TotalOfOtherProgramServiceExp00
IRS990/TotalOfOtherProgramServiceGrnt00
IRS990/TotalOfOtherProgramServiceRev00
IRS990/TotalOtherCompensation0265453
IRS990/TotalOtherRevenue00
IRS990/TotalOthProgramServiceRevenue/ExclusionAmount00
IRS990/TotalOthProgramServiceRevenue/RelatedOrExemptFunctionIncome00
IRS990/TotalOthProgramServiceRevenue/TotalRevenueColumn00
IRS990/TotalOthProgramServiceRevenue/UnrelatedBusinessRevenue00
IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProfFundrsngExpPriorYear00
IRS990/TotalProgramServiceExpense0236
IRS990/TotalProgramServiceRevenue00
IRS990/TotalReportableCompFrmRltdOrgs0770176
IRS990/TotalReportableCompFromOrg00
IRS990/TotalRevenueCurrentYear0236
IRS990/TotalRevenue/ExclusionAmount00
IRS990/TotalRevenuePriorYear0999
IRS990/TotalRevenue/RelatedOrExemptFunctionIncome00
IRS990/TotalRevenue/TotalRevenueColumn0236
IRS990/TotalRevenue/UnrelatedBusinessRevenue00
IRS990/TransactionRelatedEntity00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.02$0.00$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.02$0.00$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.04$0.04$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.01$0.01$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$5.90$7.72$1.82
2019Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.00$0.00$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.02$0.02$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.01$0.01$0.00
2012Summary only. Only limited summary data is available for this year.$1.90$0.00$1.90$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.00$1.90$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.00$1.90$0.00