Civic Intelligence

Metrocrest Services

990 • Fiscal year 2021 • EIN 75-1548334

Oct 01, 2020 to Sep 30, 2021 • Filed on Feb 09, 2022

13801 Hutton Drive 150Farmers Branch, TX 75234

(972) 446-2100

Siviq Scores

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

Liabilities / Assets

61st percentile

0.28x

Higher debt load relative to assets than 61% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

43rd percentile

0.17x

Higher debt load relative to revenue than 43% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

63rd percentile

19%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$186,159

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

96th percentile

102%

Faster asset growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

40%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$9,970,724

Up $5,039,181 (+102%) from 2020

Net Assets

Up

$7,171,672

Up $3,229,689 (+82%) from 2020

Liabilities

Up

$2,799,052

Up $1,809,492 (+183%) from 2020

Revenue

Up

$16,762,396

Up $4,756,333 (+40%) from 2020

Expenses

Up

$13,559,020

Up $4,014,581 (+42%) from 2020

Net Income

Up

$3,203,376

Up $741,752 (+30%) from 2020

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $401,849Liabilities 2011: $63,880Net Assets 2011: $337,9692011Assets 2012: $421,934Liabilities 2012: $76,030Net Assets 2012: $345,9042012Assets 2013: $733,247Liabilities 2013: $122,953Net Assets 2013: $610,2942013Assets 2014: $926,009Liabilities 2014: $106,533Net Assets 2014: $819,4762014Assets 2015: $1,221,411Liabilities 2015: $151,937Net Assets 2015: $1,069,4742015Assets 2016: $1,380,457Liabilities 2016: $171,805Net Assets 2016: $1,208,6522016Assets 2017: $1,331,385Liabilities 2017: $169,625Net Assets 2017: $1,161,7602017Assets 2018: $1,637,919Liabilities 2018: $221,639Net Assets 2018: $1,416,2802018Assets 2019: $1,702,584Liabilities 2019: $237,901Net Assets 2019: $1,464,6832019Assets 2020: $4,931,543Liabilities 2020: $989,560Net Assets 2020: $3,941,9832020Assets 2021: $9,970,724Liabilities 2021: $2,799,052Net Assets 2021: $7,171,6722021Assets 2022: $16,311,455Liabilities 2022: $1,604,771Net Assets 2022: $14,706,6842022Assets 2023: $21,236,399Liabilities 2023: $3,682,447Net Assets 2023: $17,553,9522023Assets 2024: $27,010,890Liabilities 2024: $12,241,443Net Assets 2024: $14,769,4472024Assets 2025: $26,073,032Liabilities 2025: $12,073,228Net Assets 2025: $13,999,8042025

Highlighted filing

2021

Assets$9,970,724
Liabilities$2,799,052
Net Assets$7,171,672

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $2,341,865Expenses 2011: $2,388,464Net Income 2011: -$46,5992011Revenue 2012: $2,174,020Expenses 2012: $2,166,085Net Income 2012: $7,9352012Revenue 2013: $2,937,768Expenses 2013: $2,673,377Net Income 2013: $264,3912013Revenue 2014: $3,705,377Expenses 2014: $3,496,195Net Income 2014: $209,1822014Revenue 2015: $4,438,034Expenses 2015: $4,188,036Net Income 2015: $249,9982015Revenue 2016: $4,974,079Expenses 2016: $4,827,893Net Income 2016: $146,1862016Revenue 2017: $5,482,356Expenses 2017: $5,543,047Net Income 2017: -$60,6912017Revenue 2018: $5,784,692Expenses 2018: $5,533,241Net Income 2018: $251,4512018Revenue 2019: $5,669,098Expenses 2019: $5,619,646Net Income 2019: $49,4522019Revenue 2020: $12,006,063Expenses 2020: $9,544,439Net Income 2020: $2,461,6242020Revenue 2021: $16,762,396Expenses 2021: $13,559,020Net Income 2021: $3,203,3762021Revenue 2022: $22,147,837Expenses 2022: $14,709,258Net Income 2022: $7,438,5792022Revenue 2023: $17,998,442Expenses 2023: $15,178,935Net Income 2023: $2,819,5072023Revenue 2024: $16,140,743Expenses 2024: $18,979,341Net Income 2024: -$2,838,5982024Revenue 2025: $17,439,454Expenses 2025: $17,543,561Net Income 2025: -$104,1072025

Highlighted filing

2021

Revenue$16,762,396
Expenses$13,559,020
Net Income$3,203,376
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Feb 9, 2022
Return Version
2020v4.0
Gross Receipts
$16,768,499
Mission and Program Overview

Mission

To provide hope through programs for individuals, families, and seniors that lead to self-sufficiency and foster independence.

To provide programs for individuals, families, and seniors that lead to self-sufficiency and foster independence.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$560,281$3,896,182▲ $3,335,901
Land, Buildings, and Equipment, Net$148,751$2,856,725▲ $2,707,974
Pledges and Grants Receivable$146,318$1,432,926▲ $1,286,608
Cash and Non-Interest-Bearing Accounts$2,907,939$793,523▼ $2,114,416
Inventories for Sale or Use$706,000$497,265▼ $208,735
Investments in Publicly Traded Securities$389,001$458,369▲ $69,368
Prepaid Expenses and Deferred Charges$10,434$14,915▲ $4,481
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$4,931,543$9,970,724▲ $5,039,181
Other Assets Total$62,819$20,819▼ $42,000
Liabilities
Mortgage Notes Payable Secured by Investment Property-$2,150,000-
Deferred Revenue$825,833$413,286▼ $412,547
Accounts Payable and Accrued Expenses$163,727$235,766▲ $72,039
Total Liabilities$989,560$2,799,052▲ $1,809,492
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,015,663$4,153,792▲ $3,138,129
Net Assets Without Donor Restrictions$2,926,320$3,017,880▲ $91,560
Total Net Assets Fund Balance$3,941,983$7,171,672▲ $3,229,689
Total Liabilities and Net Assets / Fund Balance$4,931,543$9,970,724▲ $5,039,181

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,533,993-$2,533,993
Equipment$280,682$546,129$826,811
Leasehold Improvements$23,353$38,858$62,211
Other Land Buildings$18,697$23,462$42,159

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$389,001-▲ $69,368-$458,369
2019$366,535-▲ $22,466-$389,001
2018$353,219$1,000▲ $12,316-$366,535
2017$242,047$98,808▲ $12,364-$353,219
2016$202,781$20,000▲ $19,266-$242,047
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tracy EubanksCEOFT$147,541$38,618$186,159
Nicole BinkleyCOOFT$96,433$7,632$104,065
Charles LindnerCFOFT$83,516$575$84,091

Board Members and Trustees

NameTitle
Beccy RatliffChairman
Andy DasturChairman Elect
Aaron AugustineDirector
Amy MarhoeferDirector
Bennett McevoyDirector
Dianne FletcherDirector
Jack StotzDirector
Lauren TurnerDirector
Margie GuntherDirector
Mary Ann BurnsDirector
Mike HansenDirector
Richard FlemingDirector
Shellie RayfordDirector
Kristi ValentineSecretary
Jayson SimsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,785,424
Program Service Revenue
$24,415
Investment Income
$58,950
Other Revenue
$893,607
All Other Contributions
$14,585,209
Change in Net Assets
$3,203,376

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1,298$5,152,026Fair Market Value (FMV)
Clothing and Household Goods-$891,025Fair Market Value (FMV)
Other Non Cash Contri Table10$2,445Fair Market Value (FMV)
Other Non Cash Contri Table8$435Fair Market Value (FMV)
Total Noncash Contributions1,316$6,045,931-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,757,461
Revenue Not Reported on Financial Statements
$4,935
Revenue Not Reported on Form 990
$29,898
Total Revenue per Audited Statements
$16,787,359
Total Revenue per Form 990
$16,762,396
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$9,289,555
Salaries, Compensation, and Employee Benefits$2,672,411
Other Expenses$1,525,054
Total Fundraising Expense$865,944
Professional Fundraising Fees$72,000

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$9,289,555--$9,289,555
Other Salaries and Wages$1,385,733$157,895$225,701$1,769,329
Occupancy$405,263$18,978$15,122$439,363
Current Officers, Directors, Trustees, and Key Employees$251,479$132,742$47,577$431,798
Fees for Services Other$58,199$13,974$263,222$335,395
Other Employee Benefits$157,032$81,526$29,288$267,846
Payroll Taxes$119,311$20,049$18,258$157,618
Advertising$22,759$6,731$71,331$100,821
Travel$93,697$400$1,068$95,165
Fees for Services Professional Fundraising--$72,000$72,000
Insurance-$59,181-$59,181
Pension Plan Contributions$27,291$13,434$5,095$45,820
Depreciation Depletion$26,427$18,931-$45,358
Interest-$44,389-$44,389
Other Expenses$4,512$947$29,103$34,562
Office Expenses$28,069$2,423$2,227$32,719
Fees for Services Accounting-$14,400-$14,400
All Other Expenses$1,913$2,013$6,930$10,856
Fees for Services Legal-$9,239-$9,239
Fees for Service Investment Mgmnt Fees-$4,935-$4,935
Total Functional Expenses$12,009,088$683,988$865,944$13,559,020

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,559,020
Total Expenses per Audited Statements$13,557,670
Expenses per Audited Statements$13,554,085
Expenses Not Reported on Financial Statements$4,935
Expenses Not Reported on Form 990$3,585
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$72,000
Fundraising Gross Income$8,694
Fundraising Direct Expenses$6,103

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Keyholder Breakfast$83,654$8,694$6,103$2,591
Total Events$83,654$8,694$6,103$2,591
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The form 990 is prepared by an independent accountant. The form is then reviewed by the chairman of the board of directors. Any issues or concerns are addressed and corrections made if necessary. The final form 990 is provided to the board of directors, prior to filing, and filed with the internal revenue service.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Each employee is required to review latest documents in the employee handbook at hiring and to sign receipt of handbook. During onboarding process employee and HR review the entire handbook. The voting members of the Board are required each year to sign an agreement to serve that contains a paragraph with our conflict of interest policy.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Governance Committee of the Board reviews performance, Non Profit Salary Surveys and then approves the CEO salary.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The Governance Committee of the Board reviews performance, Non Profit Salary Surveys and then approves salaries of officers and key employees.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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

Form 990, Part VIII Income From Fundraising Events

The net economic benefit from our fundraising events is calculated as follows:Contributions from fundraising events reported on Part VIII, line 1c $ 74,960Gross income from fundraising events reported on Part VIII, line 8a 8,694Less: Direct costs of events reported on part VIII, Line 8b (6,103) Net economic benefit of fundraising events $ 77,551

Filing and Contact Details

Filer

Filer Name
Metrocrest Services
EIN
75-1548334
Phone
9724462100
Address
13801 HUTTON DRIVE 150, FARMERS BRANCH, TX 75234

Signing Officer

Name
Tracy Eubanks
Title
CEO
Signed
2022-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tracy Eubanks
Formed
1977
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
15
Employees
56
Volunteers
2,616

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Carroll Elizabeth Arnott
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The endowment fund is used to support the mission of the organization.

Part X : FIN48 Footnote

The Organization is recognized by the Internal Revenue Service (IRS) as exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code (IRC) and is not a private foundation as defined in the IRC. Income generated from activities unrelated to the Organizations exempt purposes is subject to tax under IRC Section 511. The Organization did not have a material unrelated business income tax liability as of September 30, 2021. Therefore, no tax provision or liability has been reported. GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax returns and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. Management has analyzed the tax positions taken by the Organization and has concluded that as of September 30, 2021 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
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IRS990/GainOrLossGrp/SecuritiesAmt039734
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IRS990/GrantAmt08444885
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23105
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IRS990/OtherExpensesGrp/ProgramServicesAmt146476
IRS990/OtherExpensesGrp/ProgramServicesAmt26843
IRS990/OtherExpensesGrp/ProgramServicesAmt34512
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IRS990/OtherExpensesGrp/TotalAmt197150
IRS990/OtherExpensesGrp/TotalAmt263889
IRS990/OtherExpensesGrp/TotalAmt334562
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt027291
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IRS990/ProfessionalFundraisingInd0true
IRS990/ProgramServiceRevenueGrp/BusinessCd0453310
IRS990/ProgramServiceRevenueGrp/Desc0SENIOR PROGRAMS REVENUE
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.1$12.1$14.0$17.4$17.5$0.10
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.0$12.2$14.8$16.1$19.0$2.84
2023Summary only. Only limited summary data is available for this year.$21.2$3.68$17.6$18.0$15.2$2.82
2022Summary only. Only limited summary data is available for this year.$16.3$1.60$14.7$22.1$14.7$7.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.97$2.80$7.17$16.8$13.6$3.20
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.93$0.99$3.94$12.0$9.54$2.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.24$1.46$5.67$5.62$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.64$0.22$1.42$5.78$5.53$0.25
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$0.17$1.16$5.48$5.54$0.06
2016Summary only. Only limited summary data is available for this year.$1.38$0.17$1.21$4.97$4.83$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.22$0.15$1.07$4.44$4.19$0.25
2014Detailed filing. Detailed filing data is available for this year.$0.93$0.11$0.82$3.71$3.50$0.21
2013Summary only. Only limited summary data is available for this year.$0.73$0.12$0.61$2.94$2.67$0.26
2012Summary only. Only limited summary data is available for this year.$0.42$0.08$0.35$2.17$2.17$0.01
2011Summary only. Only limited summary data is available for this year.$0.40$0.06$0.34$2.34$2.39$0.05
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $10M-$25M nonprofits