Civic Intelligence

Texas Impact Education Fund

990 • Fiscal year 2013 • EIN 74-2989021

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 28, 2014

200 East 30th Street78705

(512) 472-3930

Siviq Scores

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

Liabilities / Assets

91st percentile

0.94x

Higher debt load relative to assets than 91% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

94th percentile

2.67x

Higher debt load relative to revenue than 94% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

21st percentile

-9.4%

Higher net margin than 21% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

60th percentile

$33,990

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

99th percentile

627%

Faster asset growth than 99% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

12th percentile

-22%

Faster revenue growth than 12% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2011 to 2013

Assets

Up

$886,472

Up $764,601 (+627%) from 2012

Net Assets

Down

$51,196

Down $70,675 (-58%) from 2012

Liabilities

Up

$835,276

Up $835,276 from 2012

Revenue

$312,851

No earlier filing loaded for comparison.

Expenses

Down

$342,208

Down $163,974 (-32%) from 2012

Net Income

-$29,357

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.

$1.5M$1.0M$500K$0-$500KAssets 2010: $41,091Liabilities 2010: $1,166Net Assets 2010: $39,9252010Assets 2011: $28,037Liabilities 2011: $1Net Assets 2011: $28,0362011Assets 2012: $121,871Liabilities 2012: $0Net Assets 2012: $121,8712012Assets 2013: $886,472Liabilities 2013: $835,276Net Assets 2013: $51,1962013Assets 2014: $855,300Liabilities 2014: $830,346Net Assets 2014: $24,9542014Assets 2015: $371Net Assets 2015: $3712015Assets 2016: $847,437Liabilities 2016: $871,301Net Assets 2016: -$23,8642016Assets 2017: $776,007Liabilities 2017: $972,966Net Assets 2017: -$196,9592017Assets 2018: $936,345Liabilities 2018: $1,000,000Net Assets 2018: -$63,6552018Assets 2019: $786,335Liabilities 2019: $997,565Net Assets 2019: -$211,2302019Assets 2020: $813,432Liabilities 2020: $996,401Net Assets 2020: -$182,9692020Assets 2021: $719,286Liabilities 2021: $1,024,999Net Assets 2021: -$305,7132021Assets 2022: $876,685Liabilities 2022: $980,501Net Assets 2022: -$103,8162022Assets 2023: $835,930Liabilities 2023: $959,394Net Assets 2023: -$123,4642023Assets 2024: $814,320Liabilities 2024: $939,735Net Assets 2024: -$125,4152024

Highlighted filing

2013

Assets$886,472
Liabilities$835,276
Net Assets$51,196

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $690,203Expenses 2010: $669,666Net Income 2010: $20,5372010Revenue 2011: $515,457Expenses 2011: $527,346Net Income 2011: -$11,8892011Expenses 2012: $506,1822012Revenue 2013: $312,851Expenses 2013: $342,208Net Income 2013: -$29,3572013Revenue 2014: $442,358Expenses 2014: $468,600Net Income 2014: -$26,2422014Revenue 2015: $02015Revenue 2016: $643,579Expenses 2016: $647,677Net Income 2016: -$4,0982016Revenue 2017: $144,940Expenses 2017: $220,213Net Income 2017: -$75,2732017Revenue 2018: $221,377Expenses 2018: $88,073Net Income 2018: $133,3042018Revenue 2019: $423,582Expenses 2019: $571,157Net Income 2019: -$147,5752019Revenue 2020: $350,821Expenses 2020: $322,560Net Income 2020: $28,2612020Revenue 2021: $275,020Expenses 2021: $397,764Net Income 2021: -$122,7442021Revenue 2022: $857,665Expenses 2022: $655,768Net Income 2022: $201,8972022Revenue 2023: $603,363Expenses 2023: $702,399Net Income 2023: -$99,0362023Revenue 2024: $1,209,943Expenses 2024: $1,125,446Net Income 2024: $84,4972024

Highlighted filing

2013

Revenue$312,851
Expenses$342,208
Net Income-$29,357
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 28, 2014
Return Version
2013v3.0
Gross Receipts
$312,851
Mission and Program Overview

Mission

The purpose of the Corporation is to perform charitable activities within the meaning of internal revenue code section 501(c)3 and Texas Tax Code Section 11.18(c). Specifically, the Corporation generated and disseminated information relating to poverty, peace, and justice in the State of Texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,276$829,318▲ $824,042
Accounts Receivable$20,000$0▼ $20,000
Cash and Non-Interest-Bearing Accounts$34,303$16,861▼ $17,442
Total Assets$100,829$886,472▲ $785,643
Other Assets Total$41,250$40,293▼ $957
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,830$827,233▲ $823,403
Accounts Payable and Accrued Expenses$16,446$8,043▼ $8,403
Total Liabilities$20,276$835,276▲ $815,000
Net Assets / Fund Balance
Temporarily Rstr Net Assets$308,955$225,668▼ $83,287
Unrestricted Net Assets$-228,402$-174,472▲ $53,930
Total Net Assets Fund Balance$80,553$51,196▼ $29,357
Total Liabilities and Net Assets / Fund Balance$100,829$886,472▲ $785,643

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$825,097$860$825,957
Other Land Buildings$4,221$1,983$6,204
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Bee MoorheadExecutive DirectorFT$33,990$33,990

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$312,851
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$312,851
Change in Net Assets
$-29,357
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$198,824
Other Expenses$143,384
Total Fundraising Expense$14,258
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$138,606$18,360$6,824$163,790
Other Employee Benefits$18,671$2,473$919$22,063
Conferences and Meetings$11,012$1,459$542$13,013
Payroll Taxes$10,977$1,454$540$12,971
Fees for Services Accounting$5,385$713$265$6,363
Occupancy$4,342$575$214$5,131
Advertising$4,261$564$210$5,035
Fees for Services Other$4,231$560$208$4,999
Information Technology$4,050$536$199$4,785
Interest$3,037$402$150$3,589
Depreciation Depletion$1,621$215$80$1,916
Other Expenses$1,015$135$50$1,200
All Other Expenses$708$94$35$837
Office Expenses$186$25$9$220
Total Functional Expenses$289,591$38,359$14,258$342,208
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Irs form 990 is presented to executive director for review prior to execution and filing. Executive director consults board of directors with respect to assertions empodied therein prior to filing.

Form 990, Part VI, Section B, Line 15

Employment decisions are deliberated by the board of directors. Compensation is determined by an objective evaluation of market valuations in the market place. Compensation paid is deemed to be market value.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

EIN
74-2989021
Phone
5124723930

Signing Officer

Name
Bee Moorhead
Title
Executive Director
Phone
5124723930
Signed
2014-10-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bee Moorhead
Formed
2000
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Preparer
Aaron W Games CPA
Phone
5123460908
Raw XML AppendixShowing 400 of 438 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/Form990PartVIISectionAGrp/PersonNm3PATRICE MCCULLEN SCHEXNAYDER
IRS990/Form990PartVIISectionAGrp/PersonNm4REV MEL CARAWAY
IRS990/Form990PartVIISectionAGrp/PersonNm5MOHAMED ELIBIARY
IRS990/Form990PartVIISectionAGrp/PersonNm6REV FRANZ SCHEMMEL
IRS990/Form990PartVIISectionAGrp/PersonNm7REV DR JAY ALANIS
IRS990/Form990PartVIISectionAGrp/PersonNm8REV DR WHIT BODMAN
IRS990/Form990PartVIISectionAGrp/PersonNm9BEAMAN FLOYD
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IRS990/Form990PartVIISectionAGrp/PersonNm13BEE MOORHEAD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2SECOND VICE PRESIDENT
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IRS990/OtherExpensesGrp/Desc0CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt03662
IRS990/OtherExpensesGrp/FundraisingAmt1248
IRS990/OtherExpensesGrp/FundraisingAmt2103
IRS990/OtherExpensesGrp/FundraisingAmt350
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09851
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1666
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2277
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3135
IRS990/OtherExpensesGrp/ProgramServicesAmt074369
IRS990/OtherExpensesGrp/ProgramServicesAmt15030
IRS990/OtherExpensesGrp/ProgramServicesAmt22090
IRS990/OtherExpensesGrp/ProgramServicesAmt31015
IRS990/OtherExpensesGrp/TotalAmt087882
IRS990/OtherExpensesGrp/TotalAmt15944
IRS990/OtherExpensesGrp/TotalAmt22470
IRS990/OtherExpensesGrp/TotalAmt31200
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06824
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt018360
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0138606
IRS990/OtherSalariesAndWagesGrp/TotalAmt0163790
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0540
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01454
IRS990/PayrollTaxesGrp/ProgramServicesAmt010977
IRS990/PayrollTaxesGrp/TotalAmt012971
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BEE MOORHEAD
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0600201
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0292678
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt094019
IRS990/PYSalariesCompEmpBnftPaidAmt0213504
IRS990/PYTotalExpensesAmt0506182
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0600201
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-29357
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0312851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0312851
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0600201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0502971
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0690204
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0301774
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02408001
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02408001
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0312851
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0600201
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0502971
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0690204
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0301774
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02408001
IRS990ScheduleA/TotalSupportAmt02408001
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0825097
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0860
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0825957
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04221
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01983
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06204
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0829318
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IRS FORM 990 IS PRESENTED TO EXECUTIVE DIRECTOR FOR REVIEW PRIOR TO EXECUTION AND FILING. EXECUTIVE DIRECTOR CONSULTS BOARD OF DIRECTORS WITH RESPECT TO ASSERTIONS EMPODIED THEREIN PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EMPLOYMENT DECISIONS ARE DELIBERATED BY THE BOARD OF DIRECTORS. COMPENSATION IS DETERMINED BY AN OBJECTIVE EVALUATION OF MARKET VALUATIONS IN THE MARKET PLACE. COMPENSATION PAID IS DEEMED TO BE MARKET VALUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0308955
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0225668
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0100829
IRS990/TotalAssetsEOYAmt0886472
IRS990/TotalAssetsGrp/BOYAmt0100829
IRS990/TotalAssetsGrp/EOYAmt0886472
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0312851
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt014258
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt038359
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0289591
IRS990/TotalFunctionalExpensesGrp/TotalAmt0342208
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt020276
IRS990/TotalLiabilitiesEOYAmt0835276
IRS990/TotalLiabilitiesGrp/BOYAmt020276
IRS990/TotalLiabilitiesGrp/EOYAmt0835276
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt080553
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt051196
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0289591
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0312851
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0100829
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0886472
IRS990/TotReportableCompRltdOrgAmt033990
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-228402

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.$0.81$0.94$0.13$1.21$1.13$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.96$0.12$0.60$0.70$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.98$0.10$0.86$0.66$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$1.02$0.31$0.28$0.40$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$1.00$0.18$0.35$0.32$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$1.00$0.21$0.42$0.57$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$1.00$0.06$0.22$0.09$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.97$0.20$0.14$0.22$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.87$0.02$0.64$0.65$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.83$0.02$0.44$0.47$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.89$0.84$0.05$0.31$0.34$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.00$0.12$0.51
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.52$0.53$0.01
2010Summary only. Only limited summary data is available for this year.$0.04$0.00$0.04$0.69$0.67$0.02