Civic Intelligence

Farmers Branch Education Foundation

EIN 74-3027098 • 501(c)3 • Farmers Branch, TX

Profile

Provide scholarships and financial aid to deserving local students

1800 Valley View Lane Suite 118Farmers Branch, TX 75234

n/A

Siviq Scores

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

Liabilities / Assets

84th percentile

0.25x

Higher debt load relative to assets than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

100th percentile

57.57x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

9th percentile

-110%

Higher net margin than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

67th percentile

8.7%

Faster asset growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-93%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$144,300

Up $11,584 (+8.7%) from 2019

Liabilities

Up

$36,732

Up $12,287 (+50%) from 2019

Net Assets

Down

$107,568

Down $703 (-0.6%) from 2019

Operations
Liabilities / Revenue100th percentileNet Margin9th percentile

Revenue

Down

$638

Down $8,412 (-93%) from 2019

Expenses

Down

$1,341

Down $2,911 (-68%) from 2019

Net Income

Down

-$703

Down $5,501 (-115%) from 2019

Trend Graphs

Balance Sheet Trend

Asset Growth67th percentile

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

$150K$100K$50K$0Assets 2011: $108,691Liabilities 2011: $25,173Net Assets 2011: $83,5182011Assets 2012: $119,042Liabilities 2012: $36,501Net Assets 2012: $82,5412012Assets 2013: $127,613Liabilities 2013: $36,501Net Assets 2013: $91,1122013Assets 2014: $132,647Liabilities 2014: $41,199Net Assets 2014: $91,4482014Assets 2015: $131,882Liabilities 2015: $27,170Net Assets 2015: $104,7122015Assets 2016: $135,825Liabilities 2016: $35,730Net Assets 2016: $100,0952016Assets 2017: $131,325Liabilities 2017: $60,608Net Assets 2017: $70,7172017Assets 2018: $113,710Liabilities 2018: $10,237Net Assets 2018: $103,4732018Assets 2019: $132,716Liabilities 2019: $24,445Net Assets 2019: $108,2712019Assets 2020: $144,300Liabilities 2020: $36,732Net Assets 2020: $107,5682020

Highlighted filing

2020

Assets$144,300
Liabilities$36,732
Net Assets$107,568
Open 2020 Filing

Operations Trend

Revenue Growth6th percentile

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

$40K$20K$0-$20KRevenue 2011: $9,472Expenses 2011: $19,689Net Income 2011: -$10,2172011Revenue 2012: $11,290Expenses 2012: $12,267Net Income 2012: -$9772012Revenue 2013: $28,842Expenses 2013: $20,271Net Income 2013: $8,5712013Revenue 2014: $18,890Expenses 2014: $18,554Net Income 2014: $3362014Revenue 2015: $30,444Expenses 2015: $17,180Net Income 2015: $13,2642015Revenue 2016: $10,899Expenses 2016: $15,516Net Income 2016: -$4,6172016Revenue 2017: $5,336Expenses 2017: $21,966Net Income 2017: -$16,6302017Revenue 2018: $10,522Expenses 2018: $15,126Net Income 2018: -$4,6042018Revenue 2019: $9,050Expenses 2019: $4,252Net Income 2019: $4,7982019Revenue 2020: $638Expenses 2020: $1,341Net Income 2020: -$7032020

Highlighted filing

2020

Revenue$638
Expenses$1,341
Net Income-$703
Open 2020 Filing

Filings

Most recent year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$144,300
Liabilities
$36,732
Net assets
$107,568
Revenue
$638
Expenses
$1,341
Net income
-$703
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$1.44$0.37$1.08$0.01$0.01$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.33$0.24$1.08$0.09$0.04$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.14$0.10$1.03$0.11$0.15$0.05
2017Detailed filing. Detailed filing data is available for this year.$1.31$0.61$0.71$0.05$0.22$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.36$0.36$1.00$0.11$0.16$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.32$0.27$1.05$0.30$0.17$0.13
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.41$0.91$0.19$0.19$0.00
2013Detailed filing. Detailed filing data is available for this year.$1.28$0.37$0.91$0.29$0.20$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.37$0.83$0.11$0.12$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.25$0.84$0.09$0.20$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 3, 2021
Return Version
2020v4.1
Gross Receipts
$638
Mission and Program Overview

Mission

Provide scholarships and financial aid to deserving local students

To promote the educational opportunities of farmers branch students through scholarships, leadership programs, and education advocacy

Program Services

DescriptionGrantsExpenses
INDIVIDUAL STUDENT SCHOLARSHIPS$0$0
PROVIDES EDUCATIONAL AND LEADERSHIP OPPURTUNITIES TO APPROXIMATELY 20 STUDENTS FROM THE COMMUNITY$0$0
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GRACE SPEESEBoard Chair-$0--
JO GILLENDirector-$0--
MARILYN LYNCHTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Farmers Branch Education Foundation
EIN
74-3027098
Phone
9722438966
Address
1800 VALLEY VIEW LANE SUITE 118, FARMERS BRANCH, TX 75234

Signing Officer

Name
Grace Speese
Title
Director
Phone
9722438966
Signed
2021-05-03
Discuss with paid preparer
Yes

Preparer

Firm
Roy D Rabenaldt CPA
Address
2280 Springlake Rd Ste 104, Dallas, TX 75234
Preparer
Roy D Rabenaldt CPA
Phone
9724847767
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Investment management fee 616.”

Form 990EZ, Part II, Line 26

“Unrealized gain on investments 24445. 36732.”

Raw XML Appendix165 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum09722438966
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01800 VALLEY VIEW LANE STE 260
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FARMERS BRANCH
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0752340000
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0132716
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IRS990EZ/ContributionsGiftsGrantsEtcAmt00
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-703
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0725
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsForPublicUseAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingOtherDesc0MOD CASH
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0108271
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GRACE SPEESE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JO GILLEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MARILYN LYNCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0616
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE EDUCATIONAL OPPORTUNITIES OF FARMERS BRANCH STUDENTS THROUGH SCHOLARSHIPS, LEADERSHIP PROGRAMS, AND EDUCATION ADVOCACY
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INDIVIDUAL STUDENT SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDES EDUCATIONAL AND LEADERSHIP OPPURTUNITIES TO APPROXIMATELY 20 STUDENTS FROM THE COMMUNITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt024445
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt036732
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01341
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt0638
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02960
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt013310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07550
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt07312
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03336
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt04049
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt022247
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07550
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt07312
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04049
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt022247
IRS990ScheduleA/InvestmentIncomeCYPct00.62570
IRS990ScheduleA/InvestmentIncomePYPct00.50080
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.37430
IRS990ScheduleA/PublicSupportPY509Pct00.49920
IRS990ScheduleA/PublicSupportTotal509Amt013310
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06850
IRS990ScheduleA/Total509Grp/TotalAmt013310
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt035557
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INVESTMENT MANAGEMENT FEE 616.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN ON INVESTMENTS 24445. 36732.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part II, Line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09722438966
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-03
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ReturnHeader/Filer/EIN0743027098
ReturnHeader/Filer/PhoneNum09722438966
ReturnHeader/Filer/USAddress/AddressLine1Txt01800 VALLEY VIEW LANE SUITE 118
ReturnHeader/Filer/USAddress/CityNm0FARMERS BRANCH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075234
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Dallas
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-15T18:27:41-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GRACE
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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