Civic Intelligence

Grace Academy of Georgetown

990 • Fiscal year 2016 • EIN 74-2873246

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 04, 2016

Organization ProfileWWW.GRACEACADEMY-GT.ORG
225 Grace BlvdGeorgetown, TX 78633-5628

(512) 864-9500

Siviq Scores

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

Liabilities / Assets

88th percentile

0.81x

Higher debt load relative to assets than 88% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

1.60x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

32nd percentile

-3.5%

Higher net margin than 32% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

72nd percentile

$107,324

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 6.6% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

23rd percentile

-4.5%

Faster asset growth than 23% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-7.8%

Faster revenue growth than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$3,190,167

Down $150,113 (-4.5%) from 2015

Net Assets

Up

$606,563

Up $17,835 (+3.0%) from 2015

Liabilities

Down

$2,583,604

Down $167,948 (-6.1%) from 2015

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin32nd percentile

Revenue

Down

$1,619,771

Down $137,949 (-7.8%) from 2015

Expenses

Down

$1,676,936

Down $252,765 (-13%) from 2015

Net Income

Up

-$57,165

Up $114,816 (+67%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth23rd percentile

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

$10M$5.0M$0Assets 2011: $3,045,610Liabilities 2011: $2,703,670Net Assets 2011: $341,9402011Assets 2012: $3,225,858Liabilities 2012: $2,825,111Net Assets 2012: $400,7472012Assets 2013: $3,682,665Liabilities 2013: $3,033,385Net Assets 2013: $649,2802013Assets 2014: $3,694,482Liabilities 2014: $2,933,773Net Assets 2014: $760,7092014Assets 2015: $3,340,280Liabilities 2015: $2,751,552Net Assets 2015: $588,7282015Assets 2016: $3,190,167Liabilities 2016: $2,583,604Net Assets 2016: $606,5632016Assets 2017: $3,584,970Liabilities 2017: $2,800,062Net Assets 2017: $784,9082017Assets 2018: $3,796,814Liabilities 2018: $2,892,227Net Assets 2018: $904,5872018Assets 2019: $3,927,901Liabilities 2019: $2,836,155Net Assets 2019: $1,091,7462019Assets 2020: $4,096,531Liabilities 2020: $2,954,446Net Assets 2020: $1,142,0852020Assets 2021: $5,359,233Liabilities 2021: $3,240,311Net Assets 2021: $2,118,9222021Assets 2022: $6,733,319Liabilities 2022: $3,611,639Net Assets 2022: $3,121,6802022Assets 2023: $8,293,938Liabilities 2023: $4,098,813Net Assets 2023: $4,195,1252023Assets 2024: $9,723,889Liabilities 2024: $4,637,364Net Assets 2024: $5,086,5252024

Highlighted filing

2016

Assets$3,190,167
Liabilities$2,583,604
Net Assets$606,563
Open 2016 Filing

Operations Trend

Revenue Growth26th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,193,771Expenses 2011: $1,227,829Net Income 2011: -$34,0582011Expenses 2012: $1,476,7552012Expenses 2013: $1,382,5162013Revenue 2014: $1,709,354Expenses 2014: $1,597,925Net Income 2014: $111,4292014Revenue 2015: $1,757,720Expenses 2015: $1,929,701Net Income 2015: -$171,9812015Revenue 2016: $1,619,771Expenses 2016: $1,676,936Net Income 2016: -$57,1652016Revenue 2017: $2,087,002Expenses 2017: $1,908,657Net Income 2017: $178,3452017Revenue 2018: $2,212,921Expenses 2018: $2,093,242Net Income 2018: $119,6792018Revenue 2019: $2,252,888Expenses 2019: $2,065,729Net Income 2019: $187,1592019Revenue 2020: $2,141,863Expenses 2020: $2,091,524Net Income 2020: $50,3392020Revenue 2021: $3,368,181Expenses 2021: $2,391,344Net Income 2021: $976,8372021Revenue 2022: $3,840,705Expenses 2022: $2,837,947Net Income 2022: $1,002,7582022Revenue 2023: $4,130,730Expenses 2023: $3,057,285Net Income 2023: $1,073,4452023Revenue 2024: $4,371,026Expenses 2024: $3,479,626Net Income 2024: $891,4002024

Highlighted filing

2016

Revenue$1,619,771
Expenses$1,676,936
Net Income-$57,165
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 4, 2016
Return Version
2015v2.1
Gross Receipts
$1,775,901
Mission and Program Overview

Mission

Elementary and secondary education grades k-12. Grace academy offers liberal arts education in the historic classical christian format focusing on grammar, logic, and rhetoric in each subject area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,806,251$1,786,642▼ $19,609
Accounts Receivable$601,456$618,044▲ $16,588
Savings and Temporary Cash Investments$338,836$567,951▲ $229,115
Cash and Non-Interest-Bearing Accounts$589,557$215,675▼ $373,882
Prepaid Expenses and Deferred Charges$4,180$1,855▼ $2,325
Total Assets$3,340,280$3,190,167▼ $150,113
Liabilities
Deferred Revenue$1,330,265$1,337,556▲ $7,291
Mortgage Notes Payable Secured by Investment Property$1,304,690$1,240,589▼ $64,101
Accounts Payable and Accrued Expenses$116,597$5,459▼ $111,138
Total Liabilities$2,751,552$2,583,604▼ $167,948
Net Assets / Fund Balance
Unrestricted Net Assets$540,976$568,160▲ $27,184
Temporarily Rstr Net Assets$47,752$38,403▼ $9,349
Total Net Assets Fund Balance$588,728$606,563▲ $17,835
Total Liabilities and Net Assets / Fund Balance$3,340,280$3,190,167▼ $150,113

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,281,378$823,598$2,104,976
Land$372,704-$372,704
Equipment$119,414$125,730$245,144
Other Land Buildings$13,146$25,829$38,975
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Dr David DienerHead of SchoFT$107,324$107,324

Board Members and Trustees

NameTitle
Kevin NowkaChairman
Dr Christopher PutneyVice Chairma
Albert Hugh BrownBoard Member
Ann WilkesBoard Member
Christi RichBoard Member
Justin Kelley HobbsBoard Member
Nanci PatchBoard Member
Melvin Hayden JohnsonSecretary
Douglas NobleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$164,513
Program Service Revenue
$1,389,334
Investment Income
$329
Other Revenue
$65,595
All Other Contributions
$164,513
Change in Net Assets
$-57,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,231,747
Other Expenses$445,189
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$767,503$191,876-$959,379
Depreciation Depletion$98,361$24,590-$122,951
Current Officers, Directors, Trustees, and Key Employees$85,859$21,465-$107,324
Payroll Taxes$70,444$17,611-$88,055
Other Employee Benefits$61,591$15,398-$76,989
Occupancy$55,123$13,780-$68,903
Interest$41,046$10,262-$51,308
Insurance$8,015$2,004-$10,019
Office Expenses$6,478$1,620-$8,098
Other Expenses$5,056$16,860-$5,056
All Other Expenses$3,800$950-$4,750
Fees for Services Accounting$2,000$500-$2,500
Total Functional Expenses$1,360,020$316,916$0$1,676,936
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$220,485
Fundraising Direct Expenses$156,130
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Parent Council$200,120$200,120$147,205$52,915
Golf Classic$20,365$20,365$8,925$11,440
Total Events$220,485$220,485$156,130$64,355
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
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
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 11B

“The form 990 is reviewed by the finance committee prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Conflict of interest statements are completed and reviewed annually. All officers, directors or trustees, and key employees complete a questionnaire regarding conflicts of interest.”

Form 990, Page 6, Part VI, Line 15A

“Wages for all employees, including top management, are approved by vote of the board of trustees annually based on wage history, industry standards, and qualifications of the employee.”

Form 990, Page 6, Part VI, Line 15B

“Key employee compensation is set by the board. Payment activity is reconciled regularly.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request. Financial statements are discussed at the annual meeting.”

Filing and Contact Details

Filer

Filer Name
Grace Academy of Georgetown
EIN
74-2873246
Phone
5128649500
Address
225 GRACE BLVD, GEORGETOWN, TX 78633-5628

Signing Officer

Name
Douglas Noble
Title
Treasurer
Phone
5128649500
Signed
2016-10-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Nowka
Formed
1998
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
44
Volunteers
50

Preparer

Firm
John F Lewis Pc
Address
3613 WILLIAMS DRIVE STE 501, GEORGETOWN, TX 78628-1371
Preparer
John F Lewis Ii
Phone
5128635720
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4B

“Identifying information removed from the files (e.g. Names, addresses, ethnicity, etc.) the committee functions under the school's policy prohibiting unlawful discrimination in the financial aid awarding process. The amount of assistance given in the current year was 164,432. It is included in discounts and scholarships on page 9, part viii, line 2c.”

Raw XML AppendixShowing 400 of 433 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/OtherExpensesGrp/Desc0PROGRAM SUPPLIES AND FEES
IRS990/OtherExpensesGrp/Desc1ADVANCEMENT
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016860
IRS990/OtherExpensesGrp/ProgramServicesAmt0121991
IRS990/OtherExpensesGrp/ProgramServicesAmt132753
IRS990/OtherExpensesGrp/ProgramServicesAmt25056
IRS990/OtherExpensesGrp/TotalAmt0121991
IRS990/OtherExpensesGrp/TotalAmt132753
IRS990/OtherExpensesGrp/TotalAmt216860
IRS990/OtherExpensesGrp/TotalAmt35056
IRS990/OtherRevenueMiscGrp/Desc0OTHER MISC. REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt01240
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01240
IRS990/OtherRevenueTotalAmt01240
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0191876
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0767503
IRS990/OtherSalariesAndWagesGrp/TotalAmt0959379
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017611
IRS990/PayrollTaxesGrp/ProgramServicesAmt070444
IRS990/PayrollTaxesGrp/TotalAmt088055
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04180
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01855
IRS990/PrincipalOfficerNm0KEVIN NOWKA
IRS990/PriorPeriodAdjustmentsAmt075000
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0TUITION, LESS DISC. & SCHOLAR
IRS990/ProgramServiceRevenueGrp/Desc1OTHER FEE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01310559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01310559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178775
IRS990/ProgSrvcAccomActy2Grp/Desc0FINANCIAL ASSISTANCE-THE SCHOOL SEEKS TO SUPPORT ITS OTHER PRIMARY PROGRAM SERVICES THROUGH NEED-BASED FINANCIAL ASSISTANCE TO FAMILIES. NEED IS DETERMINED USING THE ASSISTANCE OF AN OUTSIDE FINANCIAL AID ASSESSMENT COMPANY AND THEIR WIDELY-USED METHODOLOGY FOR ASSESSING FINANCIAL NEED. A FINANCIAL AID COMMITTEE REVIEWS THE ASSESSMENT FROM THE OUTSIDE COMPANY AND MAKES FINANCIAL AID AWARDS. THE COMMITTEE IS COMPRISED OF INDEPENDENT MEMBERS OF THE SCHOOL COMMUNITY WHO SERVE ON A MULTI-YEAR VOLUNTEER BASIS. COMMITTEE MEMBERS ARE INDEPENDENT OF THE FINANCIAL AID AWARDING PROCESS, BEING INELIGIBLE TO RECEIVE FINANCIAL ASSISTANCE WHILE SERVING ON THE COMMITTEE. COMMITTEE MEMBERS REMAIN UNBIASED IN THEIR ASSESSMENT AND DECISION-MAKING PROCESSES AS ALL DOCUMENTS REVIEWED BY THE COMMITTEE HAVE IDENTIFYING INFORMATION REMOVED FROM THE FILES (E.G. NAMES, ADDRESSES, ETHNICITY, ETC.) THE COMMITTEE FUNCTIONS UNDER THE SCHOOL'S POLICY PROHIBITING UNLAWFUL DISCRIMINATION IN THE FINANCIAL AID AWARDING PROCESS. THE AMOUNT OF ASSISTANCE GIVEN IN THE CURRENT YEAR WAS 164,432. IT IS INCLUDED IN DISCOUNTS AND SCHOLARSHIPS ON PAGE 9, PART VIII, LINE 2C.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0187599
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0375
IRS990/PYOtherExpensesAmt0562568
IRS990/PYOtherRevenueAmt0109758
IRS990/PYProgramServiceRevenueAmt01459988
IRS990/PYRevenuesLessExpensesAmt0-171981
IRS990/PYSalariesCompEmpBnftPaidAmt01367133
IRS990/PYTotalExpensesAmt01929701
IRS990/PYTotalRevenueAmt01757720
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-57165
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01389334
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0338836
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0567951
IRS990ScheduleA/SchoolInd0X
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
IRS990ScheduleD/BuildingsGrp/BookValueAmt01281378
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0823598
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02104976
IRS990ScheduleD/EquipmentGrp/BookValueAmt0119414
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0125730
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0245144
IRS990ScheduleD/LandGrp/BookValueAmt0372704
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0372704
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt013146
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt025829
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt038975
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01786642
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0POLICIES OF THIS NATURE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0156130
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PARENT COUNCIL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF CLASSIC
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0200120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt020365
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0220485
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0200120
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt020365
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0220485
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt064355
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0156130
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0147205
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt08925
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IDENTIFYING INFORMATION REMOVED FROM THE FILES (E.G. NAMES, ADDRESSES, ETHNICITY, ETC.) THE COMMITTEE FUNCTIONS UNDER THE SCHOOL'S POLICY PROHIBITING UNLAWFUL DISCRIMINATION IN THE FINANCIAL AID AWARDING PROCESS. THE AMOUNT OF ASSISTANCE GIVEN IN THE CURRENT YEAR WAS 164,432. IT IS INCLUDED IN DISCOUNTS AND SCHOLARSHIPS ON PAGE 9, PART VIII, LINE 2C.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST STATEMENTS ARE COMPLETED AND REVIEWED ANNUALLY. ALL OFFICERS, DIRECTORS OR TRUSTEES, AND KEY EMPLOYEES COMPLETE A QUESTIONNAIRE REGARDING CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WAGES FOR ALL EMPLOYEES, INCLUDING TOP MANAGEMENT, ARE APPROVED BY VOTE OF THE BOARD OF TRUSTEES ANNUALLY BASED ON WAGE HISTORY, INDUSTRY STANDARDS, AND QUALIFICATIONS OF THE EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4KEY EMPLOYEE COMPENSATION IS SET BY THE BOARD. PAYMENT ACTIVITY IS RECONCILED REGULARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE DISCUSSED AT THE ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt047752
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt038403
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03340280
IRS990/TotalAssetsEOYAmt03190167
IRS990/TotalAssetsGrp/BOYAmt03340280
IRS990/TotalAssetsGrp/EOYAmt03190167
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0164513
IRS990/TotalEmployeeCnt044
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0316916
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01360020
IRS990/TotalFunctionalExpensesGrp/TotalAmt01676936
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02751552
IRS990/TotalLiabilitiesEOYAmt02583604
IRS990/TotalLiabilitiesGrp/BOYAmt02751552
IRS990/TotalLiabilitiesGrp/EOYAmt02583604
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0588728
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0606563
IRS990/TotalProgramServiceExpensesAmt01360020
IRS990/TotalProgramServiceRevenueAmt01389334
IRS990/TotalReportableCompFromOrgAmt0107324
IRS990/TotalRevenueGrp/ExclusionAmt01569
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01389334
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01619771
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03340280
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03190167
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0540976
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0568160
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0225 GRACE BLVD
IRS990/USAddress/CityNm0GEORGETOWN
IRS990/USAddress/StateAbbreviationCd0TX

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,190,167
Liabilities
$2,583,604
Net assets
$606,563
Revenue
$1,619,771
Expenses
$1,676,936
Net income
-$57,165
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.72$4.64$5.09$4.37$3.48$0.89
2023Detailed filing. Detailed filing data is available for this year.$8.29$4.10$4.20$4.13$3.06$1.07
2022Detailed filing. Detailed filing data is available for this year.$6.73$3.61$3.12$3.84$2.84$1.00
2021Detailed filing. Detailed filing data is available for this year.$5.36$3.24$2.12$3.37$2.39$0.98
2020Detailed filing. Detailed filing data is available for this year.$4.10$2.95$1.14$2.14$2.09$0.05
2019Detailed filing. Detailed filing data is available for this year.$3.93$2.84$1.09$2.25$2.07$0.19
2018Detailed filing. Detailed filing data is available for this year.$3.80$2.89$0.90$2.21$2.09$0.12
2017Detailed filing. Detailed filing data is available for this year.$3.58$2.80$0.78$2.09$1.91$0.18
2016Detailed filing. Detailed filing data is available for this year.$3.19$2.58$0.61$1.62$1.68$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.34$2.75$0.59$1.76$1.93$0.17
2014Detailed filing. Detailed filing data is available for this year.$3.69$2.93$0.76$1.71$1.60$0.11
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.68$3.03$0.65$1.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.23$2.83$0.40$1.48
2011Summary only. Only limited summary data is available for this year.$3.05$2.70$0.34$1.19$1.23$0.03