Civic Intelligence

Eddie Lucio Scholarship Fund Inc

EIN 74-2786489 • 501(c)3 • Brownsville, TX

Profile

Grant scholarships to graduating high school students.

35 North Park PlazaBrownsville, TX 78521-1428

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2019

Net Margin

6th percentile

-236%

Higher net margin than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

24th percentile

-35%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-72%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$78,386

Down $42,568 (-35%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$78,386

Down $42,568 (-35%) from 2018

Revenue

Down

$15,738

Down $40,063 (-72%) from 2018

Expenses

Down

$52,806

Down $3,429 (-6.1%) from 2018

Net Income

Down

-$37,068

Down $36,634 (-8441%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $278,148Liabilities 2011: $1,224Net Assets 2011: $276,9242011Assets 2012: $237,244Liabilities 2012: $1,248Net Assets 2012: $235,9962012Assets 2013: $191,340Liabilities 2013: $1,083Net Assets 2013: $190,2572013Assets 2014: $143,513Liabilities 2014: $42Net Assets 2014: $143,4712014Assets 2015: $190,291Net Assets 2015: $190,2912015Assets 2016: $170,494Net Assets 2016: $170,4942016Assets 2017: $121,388Net Assets 2017: $121,3882017Assets 2018: $120,954Net Assets 2018: $120,9542018Assets 2019: $78,386Net Assets 2019: $78,3862019

Highlighted filing

2019

Assets$78,386
Liabilities-
Net Assets$78,386

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $140,632Expenses 2011: $61,433Net Income 2011: $79,1992011Revenue 2012: $27,789Expenses 2012: $68,717Net Income 2012: -$40,9282012Revenue 2013: $16,180Expenses 2013: $61,919Net Income 2013: -$45,7392013Revenue 2014: $9,020Expenses 2014: $55,806Net Income 2014: -$46,7862014Revenue 2015: $109,063Expenses 2015: $62,243Net Income 2015: $46,8202015Revenue 2016: $56,300Expenses 2016: $76,097Net Income 2016: -$19,7972016Revenue 2017: $9,776Expenses 2017: $58,882Net Income 2017: -$49,1062017Revenue 2018: $55,801Expenses 2018: $56,235Net Income 2018: -$4342018Revenue 2019: $15,738Expenses 2019: $52,806Net Income 2019: -$37,0682019

Highlighted filing

2019

Revenue$15,738
Expenses$52,806
Net Income-$37,068

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$34,228
Mission and Program Overview

Mission

Grant scholarships to graduating high school students.

Program Services

DescriptionGrantsExpenses
DURING 2019 THERE WAS A TOTAL OF SEVENTY-TWO (72) SCHOLARSHIPS GRANTED AS FOLLOWS: SIXTY-EIGHT (68) SCHOLARSHIPS GRANTED IN THE AMOUNT OF 500.00 EACH, ONE (1) SCHOLARSHIPS GRANTED IN THE AMOUNT OF 2,000.00, ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 300.00, ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 400.00 AND ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 750.00 FOR A GRAND TOTAL OF 37,450.00 SCHOLARSHIPS GRANTED.$37,450$37,450
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LUIS VILLARREALPresident-$0--
RUBEN O'BELLVice Preside-$0--
FEBE ZEPEDASecretary-$0--
BRENDA WATSONTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Eddie Lucio Scholarship Fund Inc
EIN
74-2786489
Phone
9565443008
Address
35 NORTH PARK PLAZA, BROWNSVILLE, TX 78521-1428

Signing Officer

Name
Brenda Watson
Title
Treasurer
Phone
9565443008
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
DE LA ROSA & COMPANY CPA'S
Address
3401 OLD HWY 77 STE B, BROWNSVILLE, TX 78520
Preparer
Luis Carlos De La Rosa
Phone
9565415272
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Prior year grant checks voide 2,000 total 2,000

Form 990-ez, Part I, Line 10

Cash contribution: 37,450 relationship: none

Form 990-ez, Part I, Line 16

Expenses advertising 1,050 miscellaneous 964 office supplies 361 supplies-other 284 comuter programs 506 scholarship banquet 1,450 contract labor 850 interest expense 11 late filing penalties 114 total 5,590

Form 990-ez, Part I, Line 20

Uncollected grant contribution -5,500 prior year donor contribution of 5,500 was never received or deposited in exempt organization's bank account.

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 7 7 office equipment 5,506 5,506 less accumulated depreciation 5,142 5,394 total 371 119

Form 990-ez, Part III, Line 28

During 2019 there was a total of seventy-two (72) scholarships granted as follows: sixty-eight (68) scholarships granted in the amount of 500.00 each, one (1) scholarships granted in the amount of 2,000.00, one (1) scholarship granted in the amount of 300.00, one (1) scholarship granted in the amount of 400.00 and one (1) scholarship granted in the amount of 750.00 for a grand total of 37,450.00 scholarships granted.

Raw XML Appendix188 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRIOR YEAR GRANT CHECKS VOIDE 2,000 TOTAL 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CASH CONTRIBUTION: 37,450 RELATIONSHIP: NONE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 1,050 MISCELLANEOUS 964 OFFICE SUPPLIES 361 SUPPLIES-OTHER 284 COMUTER PROGRAMS 506 SCHOLARSHIP BANQUET 1,450 CONTRACT LABOR 850 INTEREST EXPENSE 11 LATE FILING PENALTIES 114 TOTAL 5,590
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UNCOLLECTED GRANT CONTRIBUTION -5,500 PRIOR YEAR DONOR CONTRIBUTION OF 5,500 WAS NEVER RECEIVED OR DEPOSITED IN EXEMPT ORGANIZATION'S BANK ACCOUNT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DURING 2019 THERE WAS A TOTAL OF SEVENTY-TWO (72) SCHOLARSHIPS GRANTED AS FOLLOWS: SIXTY-EIGHT (68) SCHOLARSHIPS GRANTED IN THE AMOUNT OF 500.00 EACH, ONE (1) SCHOLARSHIPS GRANTED IN THE AMOUNT OF 2,000.00, ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 300.00, ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 400.00 AND ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 750.00 FOR A GRAND TOTAL OF 37,450.00 SCHOLARSHIPS GRANTED.
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