Civic Intelligence

Travis Towers Inc.

990 • Fiscal year 2018 • EIN 75-1708505

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

Organization Profile
3135 Franklin AvenueWaco, TX 76710

(903) 586-7681

Siviq Scores

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

Liabilities / Assets

87th percentile

0.74x

Higher debt load relative to assets than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

87th percentile

1.12x

Higher debt load relative to revenue than 87% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

25th percentile

-4.6%

Faster asset growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

48th percentile

2.9%

Faster revenue growth than 48% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$1,255,046

Down $60,960 (-4.6%) from 2017

Net Assets

Up

$329,314

Up $134,448 (+69%) from 2017

Liabilities

Down

$925,732

Down $195,408 (-17%) from 2017

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin74th percentile

Revenue

Up

$824,140

Up $22,854 (+2.9%) from 2017

Expenses

Up

$689,692

Up $16,946 (+2.5%) from 2017

Net Income

Up

$134,448

Up $5,908 (+4.6%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $1,622,198Liabilities 2011: $2,063,109Net Assets 2011: -$440,9112011Assets 2012: $1,584,332Liabilities 2012: $1,918,796Net Assets 2012: -$334,4642012Assets 2013: $1,535,452Liabilities 2013: $1,807,187Net Assets 2013: -$271,7352013Assets 2014: $1,461,974Liabilities 2014: $1,641,546Net Assets 2014: -$179,5722014Assets 2015: $1,419,374Liabilities 2015: $1,475,710Net Assets 2015: -$56,3362015Assets 2016: $1,382,069Liabilities 2016: $1,315,743Net Assets 2016: $66,3262016Assets 2017: $1,316,006Liabilities 2017: $1,121,140Net Assets 2017: $194,8662017Assets 2018: $1,255,046Liabilities 2018: $925,732Net Assets 2018: $329,3142018Assets 2019: $1,163,949Liabilities 2019: $684,804Net Assets 2019: $479,1452019Assets 2020: $1,176,768Liabilities 2020: $492,984Net Assets 2020: $683,7842020Assets 2021: $1,121,831Liabilities 2021: $243,322Net Assets 2021: $878,5092021Assets 2022: $1,180,023Liabilities 2022: $60,196Net Assets 2022: $1,119,8272022Assets 2023: $1,504,824Liabilities 2023: $135,538Net Assets 2023: $1,369,2862023Assets 2024: $1,827,312Liabilities 2024: $186,013Net Assets 2024: $1,641,2992024

Highlighted filing

2018

Assets$1,255,046
Liabilities$925,732
Net Assets$329,314
Open 2018 Filing

Operations Trend

Revenue Growth48th percentile

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

$1.0M$500K$0Revenue 2011: $756,898Expenses 2011: $662,413Net Income 2011: $94,4852011Expenses 2012: $636,5262012Revenue 2013: $716,721Expenses 2013: $651,435Net Income 2013: $65,2862013Revenue 2014: $785,237Expenses 2014: $693,074Net Income 2014: $92,1632014Revenue 2015: $797,104Expenses 2015: $673,868Net Income 2015: $123,2362015Revenue 2016: $805,424Expenses 2016: $682,762Net Income 2016: $122,6622016Revenue 2017: $801,286Expenses 2017: $672,746Net Income 2017: $128,5402017Revenue 2018: $824,140Expenses 2018: $689,692Net Income 2018: $134,4482018Revenue 2019: $827,443Expenses 2019: $677,612Net Income 2019: $149,8312019Revenue 2020: $847,805Expenses 2020: $643,166Net Income 2020: $204,6392020Revenue 2021: $864,074Expenses 2021: $669,349Net Income 2021: $194,7252021Revenue 2022: $886,964Expenses 2022: $645,646Net Income 2022: $241,3182022Revenue 2023: $912,202Expenses 2023: $662,743Net Income 2023: $249,4592023Revenue 2024: $984,600Expenses 2024: $712,587Net Income 2024: $272,0132024

Highlighted filing

2018

Revenue$824,140
Expenses$689,692
Net Income$134,448
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$824,140
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$928,903$826,875▼ $102,028
Savings and Temporary Cash Investments$340,585$371,099▲ $30,514
Prepaid Expenses and Deferred Charges$25,419$25,785▲ $366
Cash and Non-Interest-Bearing Accounts$16,640$25,750▲ $9,110
Accounts Receivable$4,459$5,537▲ $1,078
Total Assets$1,316,006$1,255,046▼ $60,960
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,078,516$873,040▼ $205,476
Accounts Payable and Accrued Expenses$14,815$25,844▲ $11,029
Other Liabilities$26,946$25,690▼ $1,256
Deferred Revenue$863$1,158▲ $295
Total Liabilities$1,121,140$925,732▼ $195,408
Net Assets / Fund Balance
Unrestricted Net Assets$194,866$329,314▲ $134,448
Total Net Assets Fund Balance$194,866$329,314▲ $134,448
Total Liabilities and Net Assets / Fund Balance$1,316,006$1,255,046▼ $60,960

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$492,839$3,211,339$3,704,178
Equipment$110,528$227,822$338,350
Leasehold Improvements$105,508$44,774$150,282
Land$118,000-$118,000
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Jack R EndresChairman
Mr Charles BroadwayVice Chairma
Betty EwaltTrustee
Frank DobrovolnyTrustee
Kenneth MelvinTrustee
Mrs Hallie B WilliamsTrustee
Steve EdwardsTrustee
Dr Leslie W RalstonSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$656,989
Program Service Revenue
$165,984
Investment Income
$1,167
Other Revenue
$0
Change in Net Assets
$134,448

Audited Revenue Reconciliation

Revenue per Audited Statements
$824,140
Total Revenue per Audited Statements
$824,140
Total Revenue per Form 990
$824,140
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$561,508
Salaries, Compensation, and Employee Benefits$128,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$136,184--$136,184
Other Salaries and Wages$93,410--$93,410
Interest$82,336--$82,336
Insurance$49,543$16,514-$66,057
Other Expenses$41,056$57,356-$41,056
Other Employee Benefits$27,689--$27,689
Office Expenses-$15,055-$15,055
Fees for Services Accounting-$7,725-$7,725
All Other Expenses$3,196$4,313-$7,509
Payroll Taxes$7,085--$7,085
Advertising-$4,857-$4,857
Conferences and Meetings-$2,301-$2,301
Fees for Services Legal$1,629--$1,629
Total Functional Expenses$498,425$191,267$0$689,692

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$689,692
Total Expenses per Audited Statements$689,692
Total Expenses per Form 990$689,692
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Reserves & Deposits$19,341
Accrued Interest$6,184
Utility Allowance$165
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Sovereign management corp. 112 s. 32th waco, tx 76710”

Form 990, Page 6, Part VI, Line 11B

“Form 990 reviewed by the board of directors at a scheduled meeting prior to filing with the internal revenue service.”

Form 990, Page 6, Part VI, Line 15A

“NOT COMPENSATED”

Form 990, Page 6, Part VI, Line 15B

“NOT COMPENSATED”

Form 990, Page 6, Part VI, Line 19

“AVALIABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Travis Towers Inc
EIN
75-1708505
Phone
9035867681
Address
3135 FRANKLIN AVENUE, WACO, TX 76710

Signing Officer

Name
Jack R Endres
Title
Chairman
Phone
9035867681
Signed
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack R Endres
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
7
Employees
3

Preparer

Firm
Paul J Christensen & Associates LLC
Address
2110 AUSTIN AVE, WACO, TX 76701-1693
Preparer
Paul J Christensen CPA
Phone
2547523436
Raw XML Appendix381 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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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0641704
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0626827
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0625286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0613835
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03164641
IRS990ScheduleA/TotalSupportAmt03340338
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt03211339
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0110528
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0227822
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0338350
IRS990ScheduleD/ExpensesSubtotalAmt0689692
IRS990ScheduleD/LandGrp/BookValueAmt0118000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0118000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0105508
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt044774
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0150282
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt019341
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2165
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UTILITY ALLOWANCE
IRS990ScheduleD/RevenueSubtotalAmt0824140
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0826875
IRS990ScheduleD/TotalExpensesPerForm990Amt0689692
IRS990ScheduleD/TotalLiabilityAmt025690
IRS990ScheduleD/TotalRevenuePerForm990Amt0824140
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0824140
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0689692
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOVEREIGN MANAGEMENT CORP. 112 S. 32TH WACO, TX 76710
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 REVIEWED BY THE BOARD OF DIRECTORS AT A SCHEDULED MEETING PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOT COMPENSATED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AVALIABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01255046
IRS990/TotalAssetsGrp/BOYAmt01316006
IRS990/TotalAssetsGrp/EOYAmt01255046
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0656989
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0191267
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0498425
IRS990/TotalFunctionalExpensesGrp/TotalAmt0689692
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0925732
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IRS990/TotalProgramServiceExpensesAmt0498425
IRS990/TotalProgramServiceRevenueAmt0165984
IRS990/TotalRevenueGrp/ExclusionAmt01167
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0165984
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0824140
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01316006
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JACK R ENDRES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum09035867681
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRAVIS TOWERS INC
ReturnHeader/Filer/BusinessNameControlTxt0TRAV
ReturnHeader/Filer/EIN0751708505
ReturnHeader/Filer/PhoneNum09035867681
ReturnHeader/Filer/USAddress/AddressLine1Txt03135 FRANKLIN AVENUE
ReturnHeader/Filer/USAddress/CityNm0WACO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.82.193.121
ReturnHeader/FilingSecurityInformation/IPDt02019-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm011:53:48
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0815081933
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PAUL J CHRISTENSEN & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02110 AUSTIN AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WACO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0767011693
ReturnHeader/PreparerPersonGrp/PhoneNum02547523436
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PAUL J CHRISTENSEN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-15T11:53:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,255,046
Liabilities
$925,732
Net assets
$329,314
Revenue
$824,140
Expenses
$689,692
Net income
$134,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.83$0.19$1.64$0.98$0.71$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.50$0.14$1.37$0.91$0.66$0.25
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.06$1.12$0.89$0.65$0.24
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.24$0.88$0.86$0.67$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.49$0.68$0.85$0.64$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.68$0.48$0.83$0.68$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.26$0.93$0.33$0.82$0.69$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$1.12$0.19$0.80$0.67$0.13
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.38$1.32$0.07$0.81$0.68$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$1.48$0.06$0.80$0.67$0.12
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$1.64$0.18$0.79$0.69$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.54$1.81$0.27$0.72$0.65$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.58$1.92$0.33$0.64
2011Summary only. Only limited summary data is available for this year.$1.62$2.06$0.44$0.76$0.66$0.09