Civic Intelligence

Theta Alpha Foundation

990EZ • Fiscal year 2020 • EIN 75-2180321

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 16, 2021

PO Box 225782Dallas, TX 75222

(214) 729-0159

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.28x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

93rd percentile

0.90x

Higher debt load relative to revenue than 93% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

80th percentile

33%

Higher net margin than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

42nd percentile

-0.3%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

79th percentile

19%

Faster revenue growth than 79% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$193,746

Down $507 (-0.3%) from 2019

Net Assets

Up

$138,691

Up $19,948 (+17%) from 2019

Liabilities

Down

$55,055

Down $20,455 (-27%) from 2019

Revenue

Up

$61,273

Up $9,938 (+19%) from 2019

Expenses

Up

$41,325

Up $9,672 (+31%) from 2019

Net Income

Up

$19,948

Up $266 (+1.4%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $688Liabilities 2010: $02010Assets 2011: $4,616Liabilities 2011: $02011Assets 2012: $6,211Net Assets 2012: $6,2112012Assets 2013: $4,270Liabilities 2013: $0Net Assets 2013: $4,2702013Assets 2014: $998Liabilities 2014: $0Net Assets 2014: $9982014Assets 2015: $185,447Liabilities 2015: $100,000Net Assets 2015: $85,4472015Assets 2016: $182,775Liabilities 2016: $105,422Net Assets 2016: $77,3532016Assets 2017: $188,969Liabilities 2017: $99,016Net Assets 2017: $89,9532017Assets 2018: $186,565Liabilities 2018: $87,504Net Assets 2018: $99,0612018Assets 2019: $194,253Liabilities 2019: $75,510Net Assets 2019: $118,7432019Assets 2020: $193,746Liabilities 2020: $55,055Net Assets 2020: $138,6912020Assets 2021: $197,981Liabilities 2021: $75,5102021Assets 2022: $201,972Liabilities 2022: $62,0812022Assets 2023: $193,985Liabilities 2023: $43,4012023Assets 2024: $288,867Liabilities 2024: $0Net Assets 2024: $288,8672024

Highlighted filing

2020

Assets$193,746
Liabilities$55,055
Net Assets$138,691

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: -$12,468Expenses 2010: $1,963Net Income 2010: -$14,4312010Revenue 2011: $17,979Expenses 2011: $14,051Net Income 2011: $3,9282011Revenue 2012: $22,777Expenses 2012: $21,182Net Income 2012: $1,5952012Revenue 2013: $14,301Expenses 2013: $16,242Net Income 2013: -$1,9412013Revenue 2014: $12,347Expenses 2014: $15,619Net Income 2014: -$3,2722014Revenue 2015: $93,198Expenses 2015: $8,749Net Income 2015: $84,4492015Revenue 2016: $21,463Expenses 2016: $29,557Net Income 2016: -$8,0942016Revenue 2017: $41,425Expenses 2017: $28,825Net Income 2017: $12,6002017Revenue 2018: $43,387Expenses 2018: $34,279Net Income 2018: $9,1082018Revenue 2019: $51,335Expenses 2019: $31,653Net Income 2019: $19,6822019Revenue 2020: $61,273Expenses 2020: $41,325Net Income 2020: $19,9482020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $17,420Expenses 2022: $0Net Income 2022: $17,4202022Revenue 2023: $10,693Expenses 2023: $0Net Income 2023: $10,6932023Revenue 2024: $63,749Expenses 2024: $64,415Net Income 2024: -$6662024

Highlighted filing

2020

Revenue$61,273
Expenses$41,325
Net Income$19,948
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 16, 2021
Return Version
2020v4.1
Gross Receipts
$75,656
Mission and Program Overview

Mission

To provide educational opportunities to deserving disadvantaged youth; to encourage community outreach; to provide opportunities for social interaction and research;

Program Services

DescriptionGrantsExpenses
Youth financial support through scholarships$0$6,500
Youth Service Mentorship Program$0$3,638
Other Community Outreach$0$500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Winston HuffChairmanPT$0--
Darrin HemphillVice ChairmanPT$0--
Rodrigua RossSecretaryPT$0--
Arthur WilliamsTreasurerPT$0--
Benjamin GreenBoard MemberPT$0--
Stafford HarrisBoard MemberPT$0--
Loletha HortonBoard MemberPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Program/Scholarship--$3,062-
Total Events--$15,037$-15,037
Filing and Contact Details

Filer

Filer Name
Theta Alpha Foundation Inc
EIN
75-2180321
Phone
2147290159
Address
PO Box 225782, Dallas, TX 75222

Signing Officer

Name
Arthur J Williams
Title
Treasurer
Phone
2147290159
Signed
2021-08-16
Discuss with paid preparer
Yes

Preparer

Firm
Alicia Sanders CPA PC
Address
1630 Falcon Dr Ste 104, DeSoto, TX 75115
Preparer
Alicia Sanders CPA PC
Phone
2142734236
Supplemental Narrative

Additional Explanations

Other

Part I, Line 8 One reason facility purchased was to have a place to administer foundation programs and meetings; the foundation leases facility as an offset facility costs. This enables the Foundation to concentrate on programs.

Form 990EZ, Part I, Line 16

Technology Expense 943.

Form 990EZ, Part I, Line 16

Program Services Expense - See 990EZ Part III 10638.

Form 990EZ, Part I, Line 16

Interest Expense 3976.

Form 990EZ, Part I, Line 16

Depreciation 4867.

Form 990EZ, Part II, Line 24

Deposit - Scholarship 500.

Form 990EZ, Part II, Line 26

Loan Payable 66990.

Form 990EZ, Part II, Line 26

Other Loan Payable 8520.

Raw XML Appendix213 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Board Member
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IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part I, Line 8 One reason facility purchased was to have a place to administer foundation programs and meetings; the foundation leases facility as an offset facility costs. This enables the Foundation to concentrate on programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Technology Expense 943.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Services Expense - See 990EZ Part III 10638.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest Expense 3976.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation 4867.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Deposit - Scholarship 500.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part II, Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part II, Line 26
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Arthur J Williams
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02147290159
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-16
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ReturnHeader/Filer/EIN0752180321
ReturnHeader/Filer/PhoneNum02147290159
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ReturnHeader/Filer/USAddress/CityNm0Dallas
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075222
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Alicia Sanders CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01630 Falcon Dr Ste 104
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075115
ReturnHeader/PreparerPersonGrp/PhoneNum02142734236
ReturnHeader/PreparerPersonGrp/PreparationDt02021-08-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alicia Sanders CPA PC
ReturnHeader/ReturnTs02021-08-16T17:30:30-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Arthur
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Williams
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$0.64$0.64$0.01
2023Summary only. Only limited summary data is available for this year.$1.94$0.43$0.11$0.00$0.11
2022Summary only. Only limited summary data is available for this year.$2.02$0.62$0.17$0.00$0.17
2021Summary only. Only limited summary data is available for this year.$1.98$0.76$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.55$1.39$0.61$0.41$0.20
2019Detailed filing. Detailed filing data is available for this year.$1.94$0.76$1.19$0.51$0.32$0.20
2018Detailed filing. Detailed filing data is available for this year.$1.87$0.88$0.99$0.43$0.34$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.89$0.99$0.90$0.41$0.29$0.13
2016Detailed filing. Detailed filing data is available for this year.$1.83$1.05$0.77$0.21$0.30$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.85$1.00$0.85$0.93$0.09$0.84
2014Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$0.12$0.16$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.14$0.16$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.23$0.21$0.02
2011Summary only. Only limited summary data is available for this year.$0.05$0.00$0.18$0.14$0.04
2010Summary only. Only limited summary data is available for this year.$0.01$0.00$0.12$0.02$0.14