Civic Intelligence

Palacios Recreation Association Inc.

990EZ • Fiscal year 2015 • EIN 74-6062612

Jan 01, 2015 to Dec 31, 2015 • Filed on Feb 15, 2016

Organization ProfileN/A
P O Box 515Palacios, TX 77465-0515

(361) 972-2668

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2015

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2015

Net Margin

25th percentile

-8.3%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2015 filings • 501(c)4 • <$500k nonprofits • Source year 2015

Asset Growth

39th percentile

-2.5%

Faster asset growth than 39% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-44%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)4 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$162,116

Down $4,096 (-2.5%) from 2014

Net Assets

Down

$162,116

Down $4,096 (-2.5%) from 2014

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin25th percentile

Revenue

Down

$49,501

Down $38,387 (-44%) from 2014

Expenses

Up

$53,596

Up $3,423 (+6.8%) from 2014

Net Income

Down

-$4,095

Down $41,810 (-111%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$600K$400K$200K$0Assets 2010: $457,230Net Assets 2010: $457,2302010Assets 2011: $454,968Net Assets 2011: $454,9682011Assets 2012: $458,138Net Assets 2012: $458,1382012Assets 2013: $457,493Net Assets 2013: $457,4932013Assets 2014: $166,212Net Assets 2014: $166,2122014Assets 2015: $162,116Net Assets 2015: $162,1162015Assets 2016: $158,013Liabilities 2016: $411Net Assets 2016: $157,6022016Assets 2017: $165,558Liabilities 2017: $1,169Net Assets 2017: $164,3892017Assets 2018: $136,696Net Assets 2018: $136,6962018Assets 2019: $111,928Net Assets 2019: $111,9282019Assets 2020: $97,004Net Assets 2020: $97,0042020Assets 2021: $90,185Liabilities 2021: $02021Assets 2022: $95,127Net Assets 2022: $95,1272022Assets 2023: $110,923Liabilities 2023: $02023

Highlighted filing

2015

Assets$162,116
Liabilities-
Net Assets$162,116
Open 2015 Filing

Operations Trend

Revenue Growth8th percentile

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

$100K$50K$0-$50KRevenue 2010: $39,260Expenses 2010: $40,156Net Income 2010: -$8962010Revenue 2011: $40,747Expenses 2011: $43,009Net Income 2011: -$2,2622011Revenue 2012: $38,689Expenses 2012: $35,519Net Income 2012: $3,1702012Revenue 2013: $36,668Expenses 2013: $37,312Net Income 2013: -$6442013Revenue 2014: $87,888Expenses 2014: $50,173Net Income 2014: $37,7152014Revenue 2015: $49,501Expenses 2015: $53,596Net Income 2015: -$4,0952015Revenue 2016: $40,256Expenses 2016: $44,770Net Income 2016: -$4,5142016Revenue 2017: $74,095Expenses 2017: $67,308Net Income 2017: $6,7872017Revenue 2018: $45,463Expenses 2018: $73,157Net Income 2018: -$27,6942018Revenue 2019: $60,224Expenses 2019: $84,992Net Income 2019: -$24,7682019Revenue 2020: $33,560Expenses 2020: $48,483Net Income 2020: -$14,9232020Revenue 2021: $53,412Expenses 2021: $60,231Net Income 2021: -$6,8192021Revenue 2022: $70,750Expenses 2022: $65,808Net Income 2022: $4,9422022Revenue 2023: $76,702Expenses 2023: $60,906Net Income 2023: $15,7962023

Highlighted filing

2015

Revenue$49,501
Expenses$53,596
Net Income-$4,095
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Feb 15, 2016
Return Version
2015v2.1
Gross Receipts
$49,501
Mission and Program Overview

Mission

Provide a local civic center for palacios, texas

Program Services

DescriptionGrantsExpenses
IN 2015, THE RECREATION HALL WAS RENTED OVER 5 TIMES FOR MEETINGS, WEDDINGS, FAMILY & HIGH SCHOOL CLASS REUNIONS, PROM & BANQUETS.-$53,096
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ED SCHULZEPresident-$0--
DONALD TROY SHIMEKV-President-$0--
DEIRDRE STORKSec/Treas-$0--
SALLY KURTZDirector-$0--
GARY TAYLORDirector-$0--
BETTY E MEADOWSDirector-$0--
LINDA WILSONDirector-$0--
REBA FORDDirector-$0--
Filing and Contact Details

Filer

Filer Name
Palacios Recreation Association Inc
EIN
74-6062612
Phone
3619722668
Address
P O BOX 515, PALACIOS, TX 77465-0515

Signing Officer

Name
Deirdre Stork
Title
Sec/treas
Phone
3619722668
Signed
2016-02-15
Discuss with paid preparer
Yes

Preparer

Firm
FRANKSON AND GRIFFITH CPA'S
Address
2245 AVENUE G, BAY CITY, TX 77414-5037
Preparer
James M Frankson CPA
Phone
9792459236
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses supplies 2,718 taxes & licenses 692 advertising 155 bank fee 10 non-investment depreciation 17,229 total 20,804”

Form 990-ez, Part II, Line 24

“510,024 512,888 less accumulated depreciation 349,991 367,220 total 160,033 145,668”

Raw XML Appendix126 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DEIRDRE D STORK
IRS990EZ/BooksInCareOfDetail/PhoneNum03619201339
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0418 WELCH
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALACIOS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077465
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06178
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016448
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt037900
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4095
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0166211
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0162116
IRS990EZ/GrossReceiptsAmt049501
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0166211
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0162116
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0166211
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0162116
IRS990EZ/OccupancyRentUtltsAndMaintAmt032187
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ED SCHULZE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DONALD TROY SHIMEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DEIRDRE STORK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SALLY KURTZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GARY TAYLOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BETTY E MEADOWS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LINDA WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7REBA FORD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/TREAS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0160033
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0145668
IRS990EZ/OtherExpensesTotalAmt020804
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE A LOCAL CIVIC CENTER FOR PALACIOS, TEXAS
IRS990EZ/PrintingPublicationsPostageAmt0105
IRS990EZ/ProgramServiceRevenueAmt011601
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IN 2015, THE RECREATION HALL WAS RENTED OVER 5 TIMES FOR MEETINGS, WEDDINGS, FAMILY & HIGH SCHOOL CLASS REUNIONS, PROM & BANQUETS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ForeignGrantsInd0X
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053096
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053596
IRS990EZ/TotalProgramServiceExpensesAmt053096
IRS990EZ/TotalRevenueAmt049501
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SUPPLIES 2,718 TAXES & LICENSES 692 ADVERTISING 155 BANK FEE 10 NON-INVESTMENT DEPRECIATION 17,229 TOTAL 20,804
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1510,024 512,888 LESS ACCUMULATED DEPRECIATION 349,991 367,220 TOTAL 160,033 145,668
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DEIRDRE STORK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SEC/TREAS
ReturnHeader/BusinessOfficerGrp/PhoneNum03619722668
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALACIOS RECREATION ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PALA
ReturnHeader/Filer/EIN0746062612
ReturnHeader/Filer/PhoneNum03619722668
ReturnHeader/Filer/USAddress/AddressLine1Txt0P O BOX 515
ReturnHeader/Filer/USAddress/CityNm0PALACIOS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0774650515
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760666239
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FRANKSON AND GRIFFITH CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02245 AVENUE G
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BAY CITY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0774145037
ReturnHeader/PreparerPersonGrp/PhoneNum09792459236
ReturnHeader/PreparerPersonGrp/PreparationDt02016-02-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M FRANKSON CPA
ReturnHeader/ReturnTs02016-02-18T15:27:17-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$162,116
Liabilities
-
Net assets
$162,116
Revenue
$49,501
Expenses
$53,596
Net income
-$4,095
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.11$0.00$0.77$0.61$0.16
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.95$0.71$0.66$0.05
2021Summary only. Only limited summary data is available for this year.$0.90$0.00$0.53$0.60$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.97$0.34$0.48$0.15
2019Detailed filing. Detailed filing data is available for this year.$1.12$1.12$0.60$0.85$0.25
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$1.37$0.45$0.73$0.28
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.01$1.64$0.74$0.67$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.40$0.45$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.62$1.62$0.50$0.54$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.66$1.66$0.88$0.50$0.38
2013Detailed filing. Detailed filing data is available for this year.$4.57$4.57$0.37$0.37$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.58$4.58$0.39$0.36$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.55$4.55$0.41$0.43$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.57$4.57$0.39$0.40$0.01
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)4 • <$500k nonprofits