Civic Intelligence

Howard Mckenna Charitable Trust #2430

990 • Fiscal year 2013 • EIN 74-6194017

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 30, 2014

C/O Frost Bank Trustee PO Box 2Suite78299-2950

(210) 220-4438

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

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

Liabilities / Revenue

25th percentile

0.00x

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

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

Net Margin

1st percentile

-268%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

50th percentile

$2,986

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

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

Asset Growth

9th percentile

-21%

Faster asset growth than 9% of similar nonprofits.

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

Revenue Growth

79th percentile

32%

Faster revenue growth than 79% of similar nonprofits.

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

Assets

Down

$946,391

Down $246,467 (-21%) from 2012

Net Assets

Down

$946,391

Down $246,467 (-21%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Up

$92,042

Up $22,328 (+32%) from 2012

Expenses

Up

$338,509

Up $326,327 (+2679%) from 2012

Net Income

Down

-$246,467

Down $303,999 (-528%) from 2012

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,135,326Liabilities 2011: $0Net Assets 2011: $1,135,3262011Assets 2012: $1,192,858Liabilities 2012: $0Net Assets 2012: $1,192,8582012Assets 2013: $946,391Liabilities 2013: $0Net Assets 2013: $946,3912013Assets 2014: $945,125Liabilities 2014: $0Net Assets 2014: $945,1252014Assets 2015: $958,468Liabilities 2015: $0Net Assets 2015: $958,4682015Assets 2016: $899,659Liabilities 2016: $0Net Assets 2016: $899,6592016Assets 2017: $877,706Liabilities 2017: $0Net Assets 2017: $877,7062017Assets 2018: $859,632Liabilities 2018: $0Net Assets 2018: $859,6322018Assets 2019: $875,178Liabilities 2019: $0Net Assets 2019: $875,1782019Assets 2020: $858,594Liabilities 2020: $0Net Assets 2020: $858,5942020Assets 2021: $855,346Liabilities 2021: $0Net Assets 2021: $855,3462021Assets 2022: $817,179Liabilities 2022: $0Net Assets 2022: $817,1792022Assets 2023: $789,618Liabilities 2023: $0Net Assets 2023: $789,6182023Assets 2024: $765,356Liabilities 2024: $0Net Assets 2024: $765,3562024

Highlighted filing

2013

Assets$946,391
Liabilities$0
Net Assets$946,391

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2011: $64,368Expenses 2011: $10,925Net Income 2011: $53,4432011Revenue 2012: $69,714Expenses 2012: $12,182Net Income 2012: $57,5322012Revenue 2013: $92,042Expenses 2013: $338,509Net Income 2013: -$246,4672013Revenue 2014: $58,041Expenses 2014: $59,307Net Income 2014: -$1,2662014Revenue 2015: $73,929Expenses 2015: $60,586Net Income 2015: $13,3432015Revenue 2016: -$1,432Expenses 2016: $57,377Net Income 2016: -$58,8092016Revenue 2017: $36,710Expenses 2017: $58,663Net Income 2017: -$21,9532017Revenue 2018: $46,965Expenses 2018: $64,005Net Income 2018: -$17,0402018Revenue 2019: $73,039Expenses 2019: $58,013Net Income 2019: $15,0262019Revenue 2020: $49,061Expenses 2020: $65,755Net Income 2020: -$16,6942020Revenue 2021: $68,392Expenses 2021: $71,640Net Income 2021: -$3,2482021Revenue 2022: $37,264Expenses 2022: $75,431Net Income 2022: -$38,1672022Revenue 2023: $36,742Expenses 2023: $64,303Net Income 2023: -$27,5612023Revenue 2024: $44,165Expenses 2024: $68,427Net Income 2024: -$24,2622024

Highlighted filing

2013

Revenue$92,042
Expenses$338,509
Net Income-$246,467
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 30, 2014
Return Version
2013v3.1
Gross Receipts
$728,968
Mission and Program Overview

Mission

As set forth in the trust instrument and followed by the trustee, the trust shall distribute 5% of the net fair market value of the trust in each calendar year as determined on the last business day in the preceding calendar year to the mckenna foundation, as long as the foundation remains an organization described under code section 501(c)(3).

The mckenna charitable trust will distribute 5% of the fair market value of the trust to the mckenna foundation, as long as the foundation remains a 501(c)(3) organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,192,858$946,391▼ $246,467
Investments in Publicly Traded Securities$1,004,402$895,180▼ $109,222
Savings and Temporary Cash Investments$187,844$50,829▼ $137,015
Cash and Non-Interest-Bearing Accounts$612$382▼ $230
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,192,858$946,391▼ $246,467
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,192,858$946,391▼ $246,467
Total Liabilities and Net Assets / Fund Balance$1,192,858$946,391▼ $246,467

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,192,858-▲ $92,043-$946,391
2012$1,135,326-▲ $69,714-$1,192,858
2011$1,081,883-▲ $64,368-$1,135,326
2010$1,038,079-▲ $58,710-$1,081,883
2009$1,021,235-▲ $37,345-$1,038,079
Compensation and Service Providers

Employees

NameTitleBaseTotal
Frost Bank TrusteeJohn Ferguson, Administrator$2,986$2,986

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$92,042
Other Revenue
$0
Change in Net Assets
$-246,467
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$198,064
Other Expenses$137,459
Salaries, Compensation, and Employee Benefits$2,986
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$198,064--$198,064
Fees for Services Legal-$134,533$0$134,533
Current Officers, Directors, Trustees, and Key Employees-$2,986-$2,986
Fees for Services Accounting-$2,650$0$2,650
Other Expenses-$276-$276
Total Functional Expenses$198,064$140,445$0$338,509
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
26-2011830-501(c)(3)Charitable$198,064
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 11B

The administrator for the trust reviews and signs form 990 as required by internal bank policies.

Form 990, Part VI, Section B, Line 12C

Frost bank has a written conflict of interest policy. Bank policy requires all officers and directors to annually disclose interests that could give rise to conflict of interest. The bank internal policies are regularly and consistently monitored for compliance and enforcement by internal and external auditors.

Form 990, Part VI, Section C, Line 19

Copies of form 1023, trust governing documents, tax returns, and financial reports are available to the public upon written request. A copy of the conflict of interest policy is also available to the public upon written request.

Filing and Contact Details

Filer

EIN
74-6194017
In Care Of
% FROST BANK
Phone
2102204438

Signing Officer

Name
Frost Bank
Title
Trustee
Phone
2102204438
Signed
2014-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frost Bank
Formed
1973
Legal Domicile
TX
Voting Board Members
1
Independent Board Members
0
Employees
0

Preparer

Preparer
Stewart Goodson
Phone
2102289696
Supplemental Narrative

Financial Statement Notes

Part V, Line 4

As set forth in the trust instrument and followed by the trustee, the trust shall distribute 5% of the net fair market value of the trust in each calendar year as determined on the last business day in the preceding calendar year to the mckenna foundation, as long as the foundation remains an organization described under code section 501(c)(3).

Raw XML Appendix378 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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IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01192858
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt069714
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt010925
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01081883
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01135326
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt064368
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt014906
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01038079
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01081883
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt058710
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt020501
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01021235
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01038079
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt037345
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0AS SET FORTH IN THE TRUST INSTRUMENT AND FOLLOWED BY THE TRUSTEE, THE TRUST SHALL DISTRIBUTE 5% OF THE NET FAIR MARKET VALUE OF THE TRUST IN EACH CALENDAR YEAR AS DETERMINED ON THE LAST BUSINESS DAY IN THE PRECEDING CALENDAR YEAR TO THE MCKENNA FOUNDATION, AS LONG AS THE FOUNDATION REMAINS AN ORGANIZATION DESCRIBED UNDER CODE SECTION 501(C)(3).
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0198064
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CHARITABLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine10MCKENNA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0262011830
IRS990ScheduleI/RecipientTable/USAddress/AddressLine10801 W SAN ANTONIO STREET
IRS990ScheduleI/RecipientTable/USAddress/City0NEW BRAUNFELS
IRS990ScheduleI/RecipientTable/USAddress/State0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCode078130
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ADMINISTRATOR FOR THE TRUST REVIEWS AND SIGNS FORM 990 AS REQUIRED BY INTERNAL BANK POLICIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FROST BANK HAS A WRITTEN CONFLICT OF INTEREST POLICY. BANK POLICY REQUIRES ALL OFFICERS AND DIRECTORS TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE BANK INTERNAL POLICIES ARE REGULARLY AND CONSISTENTLY MONITORED FOR COMPLIANCE AND ENFORCEMENT BY INTERNAL AND EXTERNAL AUDITORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF FORM 1023, TRUST GOVERNING DOCUMENTS, TAX RETURNS, AND FINANCIAL REPORTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. A COPY OF THE CONFLICT OF INTEREST POLICY IS ALSO AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01192858
IRS990/TotalAssetsEOYAmt0946391
IRS990/TotalAssetsGrp/BOYAmt01192858
IRS990/TotalAssetsGrp/EOYAmt0946391
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0140445
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0198064
IRS990/TotalFunctionalExpensesGrp/TotalAmt0338509
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01192858
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0946391
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0198064
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt02986
IRS990/TotalRevenueGrp/ExclusionAmt092042
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt092042
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01192858
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0946391
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt00
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 2950
IRS990/USAddress/City0SAN ANTONIO
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode0782992950
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FROST BANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02102204438
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-04-30
ReturnHeader/Filer/BusinessName/BusinessNameLine10MCKENNA CHARITABLE TRUST #2430
ReturnHeader/Filer/BusinessNameControlTxt0MCKE
ReturnHeader/Filer/EIN0746194017
ReturnHeader/Filer/InCareOfNm0% FROST BANK
ReturnHeader/Filer/PhoneNum02102204438
ReturnHeader/Filer/USAddress/AddressLine10C/O FROST BANK TRUSTEE PO BOX 2
ReturnHeader/Filer/USAddress/AddressLine20Suite
ReturnHeader/Filer/USAddress/City0SAN ANTONIO
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode0782992950
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ERNST & YOUNG US LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10PO BOX 2938
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0SAN ANTONIO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0782992938
ReturnHeader/PreparerPersonGrp/PhoneNum02102289696
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Stewart Goodson
ReturnHeader/ReturnTs02014-05-09T07:28:19-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

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.$0.77$0.00$0.77$0.04$0.07$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.04$0.06$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.04$0.08$0.04
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.07$0.07$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.05$0.07$0.02
2019Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.07$0.06$0.02
2018Summary only. Only limited summary data is available for this year.$0.86$0.00$0.86$0.05$0.06$0.02
2017Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.04$0.06$0.02
2016Summary only. Only limited summary data is available for this year.$0.90$0.00$0.90$0.00$0.06$0.06
2015Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.07$0.06$0.01
2014Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$0.06$0.06$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.95$0.00$0.95$0.09$0.34$0.25
2012Summary only. Only limited summary data is available for this year.$1.19$0.00$1.19$0.07$0.01$0.06
2011Summary only. Only limited summary data is available for this year.$1.14$0.00$1.14$0.06$0.01$0.05