Civic Intelligence

Team Acrotex Scholarship & Training Fund

990 • Fiscal year 2018 • EIN 74-2847010

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 09, 2018

3100 South Ih 35Georgetown, TX 78628

(512) 863-5437

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

86th percentile

61%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$31,904

Up $12,057 (+61%) from 2017

Net Assets

Up

$31,904

Up $12,057 (+61%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Down

$67,410

Down $17,884 (-21%) from 2017

Expenses

Down

$55,353

Down $22,073 (-29%) from 2017

Net Income

Up

$12,057

Up $4,189 (+53%) from 2017

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $11,781Liabilities 2011: $0Net Assets 2011: $11,7812011Assets 2012: $22,026Liabilities 2012: $0Net Assets 2012: $22,0262012Assets 2013: $30,094Liabilities 2013: $0Net Assets 2013: $30,0942013Assets 2014: $23,606Liabilities 2014: $0Net Assets 2014: $23,6082014Assets 2015: $17,056Liabilities 2015: $0Net Assets 2015: $17,0562015Assets 2016: $11,512Liabilities 2016: $0Net Assets 2016: $11,5122016Assets 2017: $19,847Liabilities 2017: $0Net Assets 2017: $19,8472017Assets 2018: $31,904Liabilities 2018: $0Net Assets 2018: $31,9042018Assets 2019: $22,124Liabilities 2019: $0Net Assets 2019: $22,1242019Assets 2020: $36,330Liabilities 2020: $0Net Assets 2020: $36,3302020Assets 2021: $30,279Liabilities 2021: $0Net Assets 2021: $30,2792021Assets 2022: $41,012Liabilities 2022: $0Net Assets 2022: $41,0122022Assets 2023: $25,293Liabilities 2023: $0Net Assets 2023: $25,2932023Assets 2024: $51,866Liabilities 2024: $0Net Assets 2024: $51,8662024

Highlighted filing

2018

Assets$31,904
Liabilities$0
Net Assets$31,904

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $72,964Expenses 2011: $73,034Net Income 2011: -$702011Revenue 2012: $95,613Expenses 2012: $85,116Net Income 2012: $10,4972012Revenue 2013: $99,869Expenses 2013: $92,053Net Income 2013: $7,8162013Revenue 2014: $58,053Expenses 2014: $65,024Net Income 2014: -$6,9712014Revenue 2015: $75,530Expenses 2015: $82,080Net Income 2015: -$6,5502015Revenue 2016: $53,732Expenses 2016: $59,276Net Income 2016: -$5,5442016Revenue 2017: $85,294Expenses 2017: $77,426Net Income 2017: $7,8682017Revenue 2018: $67,410Expenses 2018: $55,353Net Income 2018: $12,0572018Revenue 2019: $44,641Expenses 2019: $54,421Net Income 2019: -$9,7802019Revenue 2020: $76,779Expenses 2020: $62,573Net Income 2020: $14,2062020Revenue 2021: $55,026Expenses 2021: $61,077Net Income 2021: -$6,0512021Revenue 2022: $94,846Expenses 2022: $84,113Net Income 2022: $10,7332022Revenue 2023: $81,351Expenses 2023: $96,699Net Income 2023: -$15,3482023Revenue 2024: $136,842Expenses 2024: $110,269Net Income 2024: $26,5732024

Highlighted filing

2018

Revenue$67,410
Expenses$55,353
Net Income$12,057
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$67,410
Mission and Program Overview

Mission

To train amateur athletes in the sport of gymnastics and to assist these individuals in competing in local, state, regional, and national gymnastic competitions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$18,016$30,541▲ $12,525
Land, Buildings, and Equipment, Net$1,831$1,363▼ $468
Total Assets$19,847$31,904▲ $12,057
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$19,847$31,904▲ $12,057
Total Net Assets Fund Balance$19,847$31,904▲ $12,057
Total Liabilities and Net Assets / Fund Balance$19,847$31,904▲ $12,057

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,363$10,468$11,831
Compensation and Service Providers

Board Members and Trustees

NameTitle
Katie LueraPresident
Michele ChambersSecretary
Jeannine StroupTreasurer
Tara MarshallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$67,385
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$25
All Other Contributions
$3,390
Change in Net Assets
$12,057
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$55,353
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$17,213$980-$18,193
Travel$10,578--$10,578
Other Expenses$5,660--$5,660
Fees for Services Accounting-$853-$853
Depreciation Depletion$468--$468
Office Expenses-$183-$183
Total Functional Expenses$53,337$2,016$0$55,353
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The organization has athletes who are member of various gymnastic teams.

Form 990, Page 6, Part VI, Line 7A

The members vote annually for the officers.

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 is reviewed by members of the board before it is filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 19

Governing documents and copies of form 990 are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Team Acrotex Scholarship and
EIN
74-2847010
Phone
5128635437
Address
3100 SOUTH IH 35, GEORGETOWN, TX 78628

Signing Officer

Name
Jeannine Stroup
Title
Treasurer
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeannine Stroup
Formed
2000
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
20

Preparer

Firm
Taber & Burnett Pc
Address
PO BOX 1519, BURNET, TX 78611-7519
Preparer
Phyllis M Burnett
Phone
5127564904
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Optional coach exp.-compe 4,988 0 0 compulsory coach exp.-com 4,441 0 0 spirit fund expenses 2,689 0 0 uniforms 1,923 0 0 dance 1,295 0 0 miscellaneuos 0 613 0 compulsory gymnast-other 581 0 0 optional gymnast-other 513 0 0 usag numbers 421 0 0 coaches education-congres 205 0 0 fr cartwheel-a-thon 0 193 0 fr kendra scott 0 124 0 coaches apparel expense 97 0 0 bank charge 0 50 0 destination unknown exp. 39 0 0 compulsory coach exp. 21 0 0 total 17,213 980 0

Raw XML Appendix310 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/ExplanationTxt0THE ORGANIZATION HAS ATHLETES WHO ARE MEMBER OF VARIOUS GYMNASTIC TEAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS VOTE ANNUALLY FOR THE OFFICERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF FORM 990 IS REVIEWED BY MEMBERS OF THE BOARD BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE.
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAM ACROTEX SCHOLARSHIP AND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRAINING FUND
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0742847010
ReturnHeader/Filer/PhoneNum05128635437
ReturnHeader/Filer/USAddress/AddressLine1Txt03100 SOUTH IH 35
ReturnHeader/Filer/USAddress/CityNm0GEORGETOWN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078628
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D8AB8D36921CF03BD360323348BCD9DEA8888B35
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B7B0D83B3CE09D827C9814E4579CA06FA75BD416
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02018-11-14
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:00:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0273726128
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TABER & BURNETT PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1519
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BURNET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0786117519
ReturnHeader/PreparerPersonGrp/PhoneNum05127564904
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHYLLIS M BURNETT
ReturnHeader/ReturnTs02018-11-14T13:00:59-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$1.37$1.10$0.27
2023Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$0.81$0.97$0.15
2022Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.95$0.84$0.11
2021Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.55$0.61$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$0.77$0.63$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$0.45$0.54$0.10
2018Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.67$0.55$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.85$0.77$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.54$0.59$0.06
2015Summary only. Only limited summary data is available for this year.$0.17$0.00$0.17$0.76$0.82$0.07
2014Summary only. Only limited summary data is available for this year.$0.24$0.00$0.24$0.58$0.65$0.07
2013Summary only. Only limited summary data is available for this year.$0.30$0.00$0.30$1.00$0.92$0.08
2012Summary only. Only limited summary data is available for this year.$0.22$0.00$0.22$0.96$0.85$0.10
2011Summary only. Only limited summary data is available for this year.$0.12$0.00$0.12$0.73$0.73$0.00