Civic Intelligence

Caprock Cultural Association Inc.

990 • Fiscal year 2016 • EIN 75-2012884

Sep 01, 2015 to Aug 31, 2016 • Filed on Jun 16, 2017

P O Box 37Post, TX 79356

(806) 495-4148

Siviq Scores

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

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

41st percentile

0.02x

Higher debt load relative to revenue than 41% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

54th percentile

$18,600

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 27.2% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

37th percentile

-1.7%

Faster asset growth than 37% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

38th percentile

-2.0%

Faster revenue growth than 38% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$576,850

Down $10,101 (-1.7%) from 2015

Net Assets

Down

$575,653

Down $10,149 (-1.7%) from 2015

Liabilities

Up

$1,197

Up $48 (+4.2%) from 2015

Revenue

Down

$68,388

Down $1,396 (-2.0%) from 2015

Expenses

Down

$78,537

Down $9,204 (-10%) from 2015

Net Income

Up

-$10,149

Up $7,808 (+43%) from 2015

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2010: $661,791Liabilities 2010: $1,060Net Assets 2010: $660,7312010Assets 2011: $644,186Liabilities 2011: $797Net Assets 2011: $643,3892011Assets 2012: $632,635Liabilities 2012: $334Net Assets 2012: $632,3012012Assets 2013: $617,280Liabilities 2013: $108Net Assets 2013: $617,1722013Assets 2014: $604,966Liabilities 2014: $1,208Net Assets 2014: $603,7582014Assets 2015: $586,951Liabilities 2015: $1,149Net Assets 2015: $585,8022015Assets 2016: $576,850Liabilities 2016: $1,197Net Assets 2016: $575,6532016Assets 2017: $551,307Liabilities 2017: $1,102Net Assets 2017: $550,2052017Assets 2018: $529,461Liabilities 2018: $1,082Net Assets 2018: $528,3792018Assets 2019: $515,208Liabilities 2019: $855Net Assets 2019: $514,3532019Assets 2020: $505,428Liabilities 2020: $0Net Assets 2020: $505,4282020Assets 2021: $490,963Net Assets 2021: $490,9632021Assets 2022: $480,299Liabilities 2022: $744Net Assets 2022: $479,5552022Assets 2023: $459,104Liabilities 2023: $744Net Assets 2023: $458,3602023Assets 2024: $443,714Liabilities 2024: $851Net Assets 2024: $442,8632024Assets 2025: $429,886Liabilities 2025: $850Net Assets 2025: $429,0362025

Highlighted filing

2016

Assets$576,850
Liabilities$1,197
Net Assets$575,653

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $81,223Expenses 2010: $105,768Net Income 2010: -$24,5452010Expenses 2011: $84,4192011Revenue 2012: $66,013Expenses 2012: $77,101Net Income 2012: -$11,0882012Expenses 2013: $85,2122013Revenue 2014: $74,503Expenses 2014: $86,704Net Income 2014: -$12,2012014Revenue 2015: $69,784Expenses 2015: $87,741Net Income 2015: -$17,9572015Revenue 2016: $68,388Expenses 2016: $78,537Net Income 2016: -$10,1492016Revenue 2017: $49,172Expenses 2017: $74,620Net Income 2017: -$25,4482017Revenue 2018: $53,023Expenses 2018: $74,849Net Income 2018: -$21,8262018Revenue 2019: $45,290Expenses 2019: $59,716Net Income 2019: -$14,4262019Revenue 2020: $49,931Expenses 2020: $58,856Net Income 2020: -$8,9252020Revenue 2021: $47,366Expenses 2021: $62,278Net Income 2021: -$14,9122021Revenue 2022: $51,282Expenses 2022: $66,726Net Income 2022: -$15,4442022Revenue 2023: $41,179Expenses 2023: $63,246Net Income 2023: -$22,0672023Revenue 2024: $54,363Expenses 2024: $72,676Net Income 2024: -$18,3132024Revenue 2025: $54,676Expenses 2025: $68,755Net Income 2025: -$14,0792025

Highlighted filing

2016

Revenue$68,388
Expenses$78,537
Net Income-$10,149
Jump To
Filing Snapshot
Filing Period
Sep 1, 2015 to Aug 31, 2016
Signed
Jun 16, 2017
Return Version
2015v3.0
Gross Receipts
$68,388
Mission and Program Overview

Mission

To promote, encourage, direct, sponsor and otherwise develop cultural activities within the caprock area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$546,104$544,289▼ $1,815
Savings and Temporary Cash Investments$32,757$24,050▼ $8,707
Cash and Non-Interest-Bearing Accounts$4,756$5,177▲ $421
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$586,951$576,850▼ $10,101
Other Assets Total$3,334$3,334→ $0
Liabilities
Other Liabilities$1,149$1,197▲ $48
Total Liabilities$1,149$1,197▲ $48
Net Assets / Fund Balance
Unrestricted Net Assets$582,468$572,319▼ $10,149
Permanently Rstr Net Assets$3,334$3,334→ $0
Total Net Assets Fund Balance$585,802$575,653▼ $10,149
Total Liabilities and Net Assets / Fund Balance$586,951$576,850▼ $10,101

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$475,393$121,662$597,055
Land$62,000-$62,000
Other Land Buildings-$14,640$14,640
Leasehold Improvements$6,896$87$6,983
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rosa LatimerExecutive DirectorPT$18,600$18,600

Board Members and Trustees

NameTitle
Ray BagbyPresident
Victor AshleyVice President
Alexa CollierDirector
Eric MontenezDirector
Jan WebbDirector
Joy PoolDirector
Patty KirkpatrickDirector
Tim TatumDirector
Jaynie DicksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$45,225
Program Service Revenue
$20,415
Investment Income
$33
Other Revenue
$2,715
All Other Contributions
$38,750
Change in Net Assets
$-10,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,359
Salaries, Compensation, and Employee Benefits$33,178
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$18,600-$18,600
Depreciation Depletion-$15,369-$15,369
Other Salaries and Wages-$12,430-$12,430
Occupancy-$8,924-$8,924
Insurance-$4,473-$4,473
Payroll Taxes-$2,148-$2,148
Office Expenses-$843-$843
Fees for Services Accounting-$615-$615
Other Expenses$14,122$225-$225
Advertising-$158-$158
Information Technology-$42-$42
Total Functional Expenses$14,122$64,415$0$78,537
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes$1,197
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Membership is open to individuals and businesses in the general area

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

No review was or will be conducted.

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

AVAILABLE ON REQUEST

Filing and Contact Details

Filer

Filer Name
Caprock Cultural Association Inc
EIN
75-2012884
Phone
8064954148
Address
P O BOX 37, POST, TX 79356

Signing Officer

Name
Rosa Latimer
Title
Executive Director
Signed
2017-06-16
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
3

Preparer

Firm
Kathleen V Beach CPA
Address
PO Box 124, Post, TX 79356
Preparer
Kathleen V Beach
Phone
8066294032
Supplemental Narrative

Financial Statement Notes

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

Participation in community administered funds

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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02148
IRS990/PayrollTaxesGrp/TotalAmt02148
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03334
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03334
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
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IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0CCA SPONSORED EVENTS
IRS990/ProgramServiceRevenueGrp/Desc1CCA SPONSORED PROJECTS
IRS990/ProgramServiceRevenueGrp/Desc2HERITAGE HOUSE EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07253
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110596
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22566
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07253
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110596
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22566
IRS990/ProgSrvcAccomActy2Grp/Desc0OTHER EXPENSES
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt06094
IRS990/ProgSrvcAccomActy3Grp/Desc0A SUMMER READING PROGRAM WAS SPONSORED IN CONJUNCTION WITH THE POST LIBRARY. BOOKS WERE PURCHASED AND ADDITIONAL MATERIAL WAS PROVIDED TO CHILDREN IN THE AREA.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01072
IRS990/ProgSrvcAccomActy3Grp/GrantAmt02500
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IRS990/PYContributionsGrantsAmt036950
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt042
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt054788
IRS990/PYOtherRevenueAmt02425
IRS990/PYProgramServiceRevenueAmt030367
IRS990/PYRevenuesLessExpensesAmt0-17957
IRS990/PYSalariesCompEmpBnftPaidAmt032953
IRS990/PYTotalExpensesAmt087741
IRS990/PYTotalRevenueAmt069784
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-10149
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt02715
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt08095
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt032757
IRS990/SavingsAndTempCashInvstGrp/EOYAmt024050
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt045225
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt046340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt044886
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt047650
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt041860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0225961
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0159
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt020415
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt023402
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt025378
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt019538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt010896
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt099629
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt033
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt045
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0159
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98420
IRS990ScheduleA/PublicSupportPY509Pct00.98370
IRS990ScheduleA/PublicSupportTotal509Amt0320590
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt069742
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt070264
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt067188
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt052756
IRS990ScheduleA/Total509Grp/TotalAmt0325590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt065673
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt069784
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt070303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt067233
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt052756
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0325749
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0475393
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0121662
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0597055
IRS990ScheduleD/LandGrp/BookValueAmt062000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt062000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06896
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt087
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt06983
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014640
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt014640
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL TAXES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PARTICIPATION IN COMMUNITY ADMINISTERED FUNDS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4: Intended uses of the endowment fund.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.30$0.01$4.29$0.55$0.69$0.14
2024Detailed filing. Detailed filing data is available for this year.$4.44$0.01$4.43$0.54$0.73$0.18
2023Detailed filing. Detailed filing data is available for this year.$4.59$0.01$4.58$0.41$0.63$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.80$0.01$4.80$0.51$0.67$0.15
2021Detailed filing. Detailed filing data is available for this year.$4.91$4.91$0.47$0.62$0.15
2020Detailed filing. Detailed filing data is available for this year.$5.05$0.00$5.05$0.50$0.59$0.09
2019Detailed filing. Detailed filing data is available for this year.$5.15$0.01$5.14$0.45$0.60$0.14
2018Detailed filing. Detailed filing data is available for this year.$5.29$0.01$5.28$0.53$0.75$0.22
2017Detailed filing. Detailed filing data is available for this year.$5.51$0.01$5.50$0.49$0.75$0.25
2016Detailed filing. Detailed filing data is available for this year.$5.77$0.01$5.76$0.68$0.79$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.87$0.01$5.86$0.70$0.88$0.18
2014Detailed filing. Detailed filing data is available for this year.$6.05$0.01$6.04$0.75$0.87$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$0.00$6.17$0.85
2012Summary only. Only limited summary data is available for this year.$6.33$0.00$6.32$0.66$0.77$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.44$0.01$6.43$0.84
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.62$0.01$6.61$0.81$1.06$0.25