Civic Intelligence

Stratford Area Foundation Inc.

990 • Fiscal year 2018 • EIN 75-1662855

Apr 01, 2017 to Mar 31, 2018 • Filed on Jan 11, 2019

301 N Main - PO Box 48Stratford, TX 79084

(806) 396-5521

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

29th percentile

-4.5%

Higher net margin than 29% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

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

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

44th percentile

-0.2%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

81st percentile

34%

Faster revenue growth than 81% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$964,551

Down $1,667 (-0.2%) from 2017

Net Assets

Down

$964,551

Down $1,667 (-0.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$37,240

Up $9,476 (+34%) from 2017

Expenses

Up

$38,907

Up $32,414 (+499%) from 2017

Net Income

Down

-$1,667

Down $22,938 (-108%) from 2017

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 2012: $919,624Liabilities 2012: $0Net Assets 2012: $919,6242012Assets 2013: $922,034Liabilities 2013: $0Net Assets 2013: $922,0342013Assets 2014: $926,517Liabilities 2014: $0Net Assets 2014: $926,5172014Assets 2015: $930,315Liabilities 2015: $0Net Assets 2015: $930,3152015Assets 2016: $944,947Liabilities 2016: $0Net Assets 2016: $944,9472016Assets 2017: $966,218Liabilities 2017: $0Net Assets 2017: $966,2182017Assets 2018: $964,551Liabilities 2018: $0Net Assets 2018: $964,5512018Assets 2019: $970,231Liabilities 2019: $0Net Assets 2019: $970,2312019Assets 2020: $987,602Liabilities 2020: $0Net Assets 2020: $987,6022020Assets 2021: $1,044,530Liabilities 2021: $0Net Assets 2021: $1,044,5302021Assets 2022: $1,078,724Liabilities 2022: $0Net Assets 2022: $1,078,7242022Assets 2023: $1,076,876Liabilities 2023: $0Net Assets 2023: $1,076,8762023Assets 2024: $1,126,468Liabilities 2024: $0Net Assets 2024: $1,126,4682024

Highlighted filing

2018

Assets$964,551
Liabilities$0
Net Assets$964,551

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $29,691Expenses 2012: $17,946Net Income 2012: $11,7452012Revenue 2013: $28,875Expenses 2013: $26,465Net Income 2013: $2,4102013Revenue 2014: $22,644Expenses 2014: $18,161Net Income 2014: $4,4832014Revenue 2015: $26,282Expenses 2015: $22,484Net Income 2015: $3,7982015Revenue 2016: $28,449Expenses 2016: $13,817Net Income 2016: $14,6322016Revenue 2017: $27,764Expenses 2017: $6,493Net Income 2017: $21,2712017Revenue 2018: $37,240Expenses 2018: $38,907Net Income 2018: -$1,6672018Revenue 2019: $22,264Expenses 2019: $16,584Net Income 2019: $5,6802019Revenue 2020: $34,708Expenses 2020: $17,337Net Income 2020: $17,3712020Revenue 2021: $72,213Expenses 2021: $43,469Net Income 2021: $28,7442021Revenue 2022: $85,894Expenses 2022: $51,698Net Income 2022: $34,1962022Revenue 2023: $73,281Expenses 2023: $75,129Net Income 2023: -$1,8482023Revenue 2024: $91,788Expenses 2024: $42,196Net Income 2024: $49,5922024

Highlighted filing

2018

Revenue$37,240
Expenses$38,907
Net Income-$1,667
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Jan 11, 2019
Return Version
2017v2.3
Gross Receipts
$37,240
Mission and Program Overview

Mission

To serve the local communities of stratford, tx & texhoma, ok by funding various civic projects & charitable organizations.

To provide funds for the support of local organizations for the betterment of sherman co., texas & texas co., oklahoma and the cities in these counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$250,000$705,574▲ $455,574
Rtn Earn Endowment Incm Other Fnds$550,759$549,092▼ $1,667
Pd in Cap Srpls Land Bldg Eqp Fund$415,459$415,459→ $0
Savings and Temporary Cash Investments$716,214$258,973▼ $457,241
Cash and Non-Interest-Bearing Accounts$4$4→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$966,218$964,551▼ $1,667
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$966,218$964,551▼ $1,667
Total Liabilities and Net Assets / Fund Balance$966,218$964,551▼ $1,667

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$705,574--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Valerie McalisterPresident
Laurie SpurlockVice President
Cindy MillerDirector
Gaynelle RiffeDirector
Jack HaileDirector
Johnnie DavisDirector
Kaci McbrydeDirector
Randy HooksDirector
Cindy LaranceSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$16,230
Program Service Revenue
$0
Investment Income
$21,010
Other Revenue
$0
All Other Contributions
$16,230
Change in Net Assets
$-1,667
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$34,468
Other Expenses$4,439
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$34,468--$34,468
Fees for Services Management-$3,782-$3,782
Fees for Services Accounting-$475-$475
Office Expenses-$122-$122
Other Expenses-$60-$60
Total Functional Expenses$34,468$4,439$0$38,907
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stratford EmsStratford, TX-Funds Used for First Response Vehicle$10,000
Stratford Area Youth Care Agency IncStratford, TX-Funds Used for Roof$8,063
Stratford Fire DepartmentStratford, TX-Funds Used for Wildland & Rescue Gear$6,500
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

Tax return is reviewed for accuracy by officers of the organization before filing.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Stratford Area Foundation Inc
EIN
75-1662855
Phone
8063965521
Address
301 N MAIN - PO BOX 48, STRATFORD, TX 79084

Signing Officer

Name
Valerie Mcalister
Title
President
Phone
8063965521
Signed
2019-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Valerie Mcalister
Formed
1980
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Gaskill Pharis & Pharis Llp
Address
521 DENVER AVE, DALHART, TX 79022
Preparer
Lee Moore
Phone
8062445533
Raw XML Appendix363 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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IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd079084
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd179084
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd279084
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS IN A SMALL COMMUNITY AND IT KNOWS WHEN IT GIVES THE MONEY WHAT IT WILL BE USED FOR AND CAN MONITOR ITS USE VERY EASILY.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PART II
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN IS REVIEWED FOR ACCURACY BY OFFICERS OF THE ORGANIZATION BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0966218
IRS990/TotalAssetsEOYAmt0964551
IRS990/TotalAssetsGrp/BOYAmt0966218
IRS990/TotalAssetsGrp/EOYAmt0964551
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt016230
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04439
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt034468
IRS990/TotalFunctionalExpensesGrp/TotalAmt038907
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0966218
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0964551
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt034468
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt021010
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt037240
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0966218
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0964551
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 1221
IRS990/USAddress/CityNm0STRATFORD
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079084
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VALERIE MCALISTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08063965521
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-01-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STRATFORD AREA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0STRA
ReturnHeader/Filer/EIN0751662855
ReturnHeader/Filer/PhoneNum08063965521
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 N MAIN - PO BOX 48
ReturnHeader/Filer/USAddress/CityNm0STRATFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079084
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D5EC4934462E0B882E4C702DA61CBDFB7A8BFAD6
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D5EC4934462E0B882E4C702DA61CBDFB7A8BFAD6
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.35.235.103
ReturnHeader/FilingSecurityInformation/IPDt02019-01-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:58:15
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0751848063
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GASKILL PHARIS & PHARIS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0521 DENVER AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALHART
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079022
ReturnHeader/PreparerPersonGrp/PhoneNum08062445533
ReturnHeader/PreparerPersonGrp/PreparationDt02019-01-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LEE MOORE
ReturnHeader/ReturnTs02019-01-23T17:07:05-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-04-01
ReturnHeader/TaxPeriodEndDt02018-03-31
ReturnHeader/TaxYr02017

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.$1.13$0.00$1.13$0.09$0.04$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.07$0.08$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$0.09$0.05$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$0.07$0.04$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.00$0.99$0.03$0.02$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.97$0.00$0.97$0.02$0.02$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.04$0.04$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$0.03$0.01$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.00$0.94$0.03$0.01$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.93$0.00$0.93$0.03$0.02$0.00
2014Summary only. Only limited summary data is available for this year.$0.93$0.00$0.93$0.02$0.02$0.00
2013Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.03$0.03$0.00
2012Summary only. Only limited summary data is available for this year.$0.92$0.00$0.92$0.03$0.02$0.01