Civic Intelligence

Northeast Texas Economic Development District Inc

990 • Fiscal year 2014 • EIN 75-1251870

Oct 01, 2013 to Sep 30, 2014 • Filed on Jul 22, 2015

P O Box 530775505-5307

(903) 832-8636

Siviq Scores

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

Liabilities / Assets

51st percentile

0.19x

Higher debt load relative to assets than 51% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

3.27x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Net Margin

95th percentile

34%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$131,069

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 141.3% of source-year revenue.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2014

Asset Growth

63rd percentile

7.4%

Faster asset growth than 63% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-9.8%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2011 to 2014

Assets

Up

$1,561,988

Up $107,831 (+7.4%) from 2013

Net Assets

Up

$1,259,027

Up $31,221 (+2.5%) from 2013

Liabilities

Up

$302,961

Up $76,610 (+34%) from 2013

Revenue

$92,732

No earlier filing loaded for comparison.

Expenses

Down

$61,511

Down $11,198 (-15%) from 2013

Net Income

$31,221

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.

$6.0M$4.0M$2.0M$0Assets 2011: $2,031,535Liabilities 2011: $161,831Net Assets 2011: $1,869,7042011Assets 2012: $1,504,778Liabilities 2012: $292,456Net Assets 2012: $1,212,3222012Assets 2013: $1,454,157Liabilities 2013: $226,351Net Assets 2013: $1,227,8062013Assets 2014: $1,561,988Liabilities 2014: $302,961Net Assets 2014: $1,259,0272014Assets 2015: $1,475,284Liabilities 2015: $212,187Net Assets 2015: $1,263,0972015Assets 2016: $1,251,101Liabilities 2016: $231,766Net Assets 2016: $1,019,3352016Assets 2017: $1,283,121Liabilities 2017: $253,019Net Assets 2017: $1,030,1022017Assets 2018: $1,228,717Liabilities 2018: $198,658Net Assets 2018: $1,030,0592018Assets 2019: $1,299,082Liabilities 2019: $202,105Net Assets 2019: $1,096,9772019Assets 2020: $5,297,466Liabilities 2020: $534,295Net Assets 2020: $4,763,1712020Assets 2021: $5,218,990Liabilities 2021: $5,131Net Assets 2021: $5,213,8592021Assets 2022: $5,352,005Liabilities 2022: $7,474Net Assets 2022: $5,344,5312022Assets 2023: $5,492,335Liabilities 2023: $2,365Net Assets 2023: $5,489,9702023Assets 2024: $5,558,124Liabilities 2024: $6,230Net Assets 2024: $5,551,8942024

Highlighted filing

2014

Assets$1,561,988
Liabilities$302,961
Net Assets$1,259,027

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $126,472Expenses 2011: $418,613Net Income 2011: -$292,1412011Expenses 2012: $80,3112012Expenses 2013: $72,7092013Revenue 2014: $92,732Expenses 2014: $61,511Net Income 2014: $31,2212014Revenue 2015: $80,901Expenses 2015: $76,831Net Income 2015: $4,0702015Revenue 2016: $89,529Expenses 2016: $333,291Net Income 2016: -$243,7622016Revenue 2017: $132,997Expenses 2017: $122,230Net Income 2017: $10,7672017Revenue 2018: $120,048Expenses 2018: $120,091Net Income 2018: -$432018Revenue 2019: $111,292Expenses 2019: $44,374Net Income 2019: $66,9182019Revenue 2020: $3,804,914Expenses 2020: $138,720Net Income 2020: $3,666,1942020Revenue 2021: $732,327Expenses 2021: $281,639Net Income 2021: $450,6882021Revenue 2022: $435,267Expenses 2022: $304,595Net Income 2022: $130,6722022Revenue 2023: $615,945Expenses 2023: $470,506Net Income 2023: $145,4392023Revenue 2024: $389,637Expenses 2024: $327,713Net Income 2024: $61,9242024

Highlighted filing

2014

Revenue$92,732
Expenses$61,511
Net Income$31,221
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jul 22, 2015
Return Version
2013v4.0
Gross Receipts
$92,732
Mission and Program Overview

Mission

To prepare, develop, and administer a program for planning and development in order to improve economic conditions in the district with respect to unemployment, under-employment, and distressed economic conditions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$604,042$797,751▲ $193,709
Other Notes and Loans Receivable, Net$848,304$759,477▼ $88,827
Pledges and Grants Receivable$1,811$4,760▲ $2,949
Total Assets$1,454,157$1,561,988▲ $107,831
Liabilities
Other Liabilities$226,351$302,961▲ $76,610
Total Liabilities$226,351$302,961▲ $76,610
Net Assets / Fund Balance
Unrestricted Net Assets$1,227,806$1,259,027▲ $31,221
Total Net Assets Fund Balance$1,227,806$1,259,027▲ $31,221
Total Liabilities and Net Assets / Fund Balance$1,454,157$1,561,988▲ $107,831
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Ld WilliamsonExecutive Director (CEO)FT$131,069$131,069
Brenda DavisFinance Director (CFO)FT$91,567$91,567

Board Members and Trustees

NameTitle
Charles McmichaelPresident
Denis WashingtonVice President
Bobby IrvinDirector
Charlie WrightDirector
Craig HarveyDirector
Craig MillerDirector
Cynthia AganDirector
Dallis MooreDirector
Denzer BurkeDirector
Don PrestonDirector
Donna SmithDirector
Fred WrightDirector
G R MccarverDirector
Gerald HubbellDirector
Gilbert LaffertyDirector
Hervy HinerDirector
Howard TaylorDirector
J C JenningsDirector
James CarlowDirector
Jan RaulstonDirector
Johnny BransonDirector
Juanita ChitwoodDirector
Kenneth WebbDirector
Kenny RollinsDirector
Lou SlaughterDirector
M C SupervilleDirector
Meredith CaddellDirector
Michael MintonDirector
Mike MaloneDirector
Morris HarvilleDirector
Pat OdemDirector
Peggy LowryDirector
Pete KampferDirector
Randy ClaytonDirector
Reba SimpsonDirector
Richard ManningDirector
Robert L Jones JrDirector
Robert NanceDirector
Roger FeagleyDirector
Sam RussellDirector
Scotty StegallDirector
Sidney GreerDirector
Ted CarringtonDirector
Tersia WimsDirector
Thomas CraveyDirector
William E KentDirector
Willie D HarrisDirector
Christopher BrownExecutive Director
Linda K MooreFinance Manager
Randy MooreSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$64,799
Program Service Revenue
$27,933
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$31,221
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$35,556
Other Expenses$25,955
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$25,128--$25,128
Other Employee Benefits$8,506--$8,506
Conferences and Meetings$5,300--$5,300
Travel$2,441--$2,441
Payroll Taxes$1,922--$1,922
Occupancy$1,574--$1,574
Office Expenses$1,562--$1,562
Fees for Services Legal$1,000--$1,000
Interest$661--$661
Other Expenses$27--$27
Total Functional Expenses$61,511$0$0$61,511
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Ark-tex Council of Governments$302,961
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The operations of the northeast texas economic development district are managed by the ark-tex council of governments.

Form 990, Part VI, Section A, Line 7A

No more than five (5) representatives from each member county of the northeast texas economic development district are appointed by the county judge of the participating member counties. If the county judge fails to make the appointment(s), then the commissioners court of that county shall make the appointment(s).

Form 990, Part VI, Section B, Line 11

A copy of the form 990 in electronic format was submitted to the executive committee of the board of directors for their review prior to the board meeting. Paper copies were provided to all board members at the meeting at which time the return was approved, signed by the executive director and submitted for filing.

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

Conflict of interest forms are completed annually by all employees and board members.

Form 990, Part VI, Section B, Line 15

During the atcog budget process, the organization is required by the state to submit all salaries to the comptroller, office of the governor, legislative budget board, and state auditor. This is done after it is presented to the board of directors for approval in june prior to year end.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Form 990, Part VII

L.d. Williamson - 303 kay drive, clarksville, tx 75426-5031. Brenda davis - 5914 buchanan loop road, texarkana, tx 75501-9527.

Filing and Contact Details

Filer

EIN
75-1251870
Phone
9038328636

Signing Officer

Name
Chris Brown
Title
Executive Director
Phone
9038328636
Signed
2015-07-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Brown
Formed
1966
Legal Domicile
TX
Voting Board Members
48
Independent Board Members
48
Employees
0
Volunteers
0

Preparer

Preparer
Sharon M Herwald CPA
Phone
2547724901
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Raw XML AppendixShowing 400 of 713 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/ActivityOrMissionDesc0TO PREPARE, DEVELOP, AND ADMINISTER A PROGRAM FOR PLANNING AND DEVELOPMENT IN ORDER TO IMPROVE ECONOMIC CONDITIONS IN THE DISTRICT WITH RESPECT TO UNEMPLOYMENT, UNDER-EMPLOYMENT, AND DISTRESSED ECONOMIC CONDITIONS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0DENIS WASHINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES MCMICHAEL
IRS990/Form990PartVIISectionAGrp/PersonNm2RANDY MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm3JOHNNY BRANSON
IRS990/Form990PartVIISectionAGrp/PersonNm4DENZER BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm5JAMES CARLOW
IRS990/Form990PartVIISectionAGrp/PersonNm6MIKE MALONE
IRS990/Form990PartVIISectionAGrp/PersonNm7THOMAS CRAVEY
IRS990/Form990PartVIISectionAGrp/PersonNm8HERVY HINER
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT L JONES JR
IRS990/Form990PartVIISectionAGrp/PersonNm10DALLIS MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm11MICHAEL MINTON
IRS990/Form990PartVIISectionAGrp/PersonNm12GILBERT LAFFERTY
IRS990/Form990PartVIISectionAGrp/PersonNm13REBA SIMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm14BOBBY IRVIN
IRS990/Form990PartVIISectionAGrp/PersonNm15SCOTTY STEGALL
IRS990/Form990PartVIISectionAGrp/PersonNm16TED CARRINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm17CRAIG HARVEY
IRS990/Form990PartVIISectionAGrp/PersonNm18GERALD HUBBELL
IRS990/Form990PartVIISectionAGrp/PersonNm19WILLIAM E KENT
IRS990/Form990PartVIISectionAGrp/PersonNm20PEGGY LOWRY
IRS990/Form990PartVIISectionAGrp/PersonNm21TERSIA WIMS
IRS990/Form990PartVIISectionAGrp/PersonNm22MEREDITH CADDELL
IRS990/Form990PartVIISectionAGrp/PersonNm23ROGER FEAGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm24CRAIG MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm25PAT ODEM
IRS990/Form990PartVIISectionAGrp/PersonNm26PETE KAMPFER
IRS990/Form990PartVIISectionAGrp/PersonNm27RICHARD MANNING
IRS990/Form990PartVIISectionAGrp/PersonNm28M C SUPERVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm29KENNETH WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm30JUANITA CHITWOOD
IRS990/Form990PartVIISectionAGrp/PersonNm31DON PRESTON
IRS990/Form990PartVIISectionAGrp/PersonNm32DONNA SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm33FRED WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm34RANDY CLAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm35SIDNEY GREER
IRS990/Form990PartVIISectionAGrp/PersonNm36WILLIE D HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm37J C JENNINGS
IRS990/Form990PartVIISectionAGrp/PersonNm38LOU SLAUGHTER
IRS990/Form990PartVIISectionAGrp/PersonNm39MORRIS HARVILLE
IRS990/Form990PartVIISectionAGrp/PersonNm40JAN RAULSTON
IRS990/Form990PartVIISectionAGrp/PersonNm41HOWARD TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm42CHARLIE WRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm43CYNTHIA AGAN
IRS990/Form990PartVIISectionAGrp/PersonNm44G R MCCARVER
IRS990/Form990PartVIISectionAGrp/PersonNm45ROBERT NANCE
IRS990/Form990PartVIISectionAGrp/PersonNm46KENNY ROLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm47SAM RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm48LD WILLIAMSON
IRS990/Form990PartVIISectionAGrp/PersonNm49BRENDA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm50CHRISTOPHER BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm51LINDA K MOORE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt420
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt510
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt450
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt48115400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4978328
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt510
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.56$0.01$5.55$0.39$0.33$0.06
2023Summary only. Only limited summary data is available for this year.$5.49$0.00$5.49$0.62$0.47$0.15
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.35$0.01$5.34$0.44$0.30$0.13
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.22$0.01$5.21$0.73$0.28$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.30$0.53$4.76$3.80$0.14$3.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$0.20$1.10$0.11$0.04$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.20$1.03$0.12$0.12$0.00
2017Summary only. Only limited summary data is available for this year.$1.28$0.25$1.03$0.13$0.12$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.25$0.23$1.02$0.09$0.33$0.24
2015Summary only. Only limited summary data is available for this year.$1.48$0.21$1.26$0.08$0.08$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.56$0.30$1.26$0.09$0.06$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.23$1.23$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.29$1.21$0.08
2011Summary only. Only limited summary data is available for this year.$2.03$0.16$1.87$0.13$0.42$0.29
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)6 • $1M-$5M nonprofits