Civic Intelligence

The Episcopal School of Dallas Permanent

EIN 75-2205213 • 501(c)3 • Dallas, TX

Profile

The episcopal school of dallas permanent endowment trust was formed to operate exclusively as an endowment fund for the benefit of and to support the episcopal school of dallas, inc.

4100 Merrell RoadDallas, TX 75229

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

4th percentile

0.00x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

5th percentile

0.00x

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

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

87th percentile

$619,901

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 14.6% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

82nd percentile

18%

Faster asset growth than 82% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-14%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$48,385,058

Up $7,309,740 (+18%) from 2023

Liabilities

Down

$0

Down $1,400 (-100%) from 2023

Net Assets

Up

$48,385,058

Up $7,311,140 (+18%) from 2023

Revenue

Down

$4,235,830

Down $700,497 (-14%) from 2023

Expenses

Up

$1,562,733

Up $396,045 (+34%) from 2023

Net Income

Down

$2,673,097

Down $1,096,542 (-29%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $22,395,013Liabilities 2010: $1,179,906Net Assets 2010: $21,215,1072010Assets 2011: $25,150,712Liabilities 2011: $1,095,295Net Assets 2011: $24,055,4172011Assets 2012: $23,869,999Liabilities 2012: $0Net Assets 2012: $23,869,9992012Assets 2013: $24,921,942Liabilities 2013: $0Net Assets 2013: $24,921,9422013Assets 2014: $23,419,548Liabilities 2014: $5,232Net Assets 2014: $23,414,3162014Assets 2015: $17,609,047Liabilities 2015: $0Net Assets 2015: $17,609,0472015Assets 2016: $18,213,704Liabilities 2016: $54,811Net Assets 2016: $18,158,8932016Assets 2017: $20,881,393Liabilities 2017: $670Net Assets 2017: $20,880,7232017Assets 2018: $25,385,259Liabilities 2018: $0Net Assets 2018: $25,385,2592018Assets 2019: $26,477,772Liabilities 2019: $0Net Assets 2019: $26,477,7722019Assets 2020: $27,302,318Liabilities 2020: $29,238Net Assets 2020: $27,273,0802020Assets 2021: $38,754,496Liabilities 2021: $75,400Net Assets 2021: $38,679,0962021Assets 2022: $33,813,165Liabilities 2022: $0Net Assets 2022: $33,813,1652022Assets 2023: $41,075,318Liabilities 2023: $1,400Net Assets 2023: $41,073,9182023Assets 2024: $48,385,058Liabilities 2024: $0Net Assets 2024: $48,385,0582024

Highlighted filing

2024

Assets$48,385,058
Liabilities$0
Net Assets$48,385,058

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0M-$10MExpenses 2010: $1,300,6532010Revenue 2011: $603,897Expenses 2011: $1,232,842Net Income 2011: -$628,9452011Expenses 2012: $1,248,3862012Expenses 2013: $1,090,6192013Revenue 2014: $707,137Expenses 2014: $4,305,633Net Income 2014: -$3,598,4962014Revenue 2015: $2,596,359Expenses 2015: $8,051,286Net Income 2015: -$5,454,9272015Revenue 2016: $2,062,099Expenses 2016: $980,426Net Income 2016: $1,081,6732016Revenue 2017: $1,608,982Expenses 2017: $919,907Net Income 2017: $689,0752017Revenue 2018: $4,609,901Expenses 2018: $1,067,614Net Income 2018: $3,542,2872018Revenue 2019: $1,522,555Expenses 2019: $1,094,842Net Income 2019: $427,7132019Revenue 2020: $2,676,870Expenses 2020: $1,080,011Net Income 2020: $1,596,8592020Revenue 2021: $6,335,560Expenses 2021: $1,166,429Net Income 2021: $5,169,1312021Revenue 2022: $1,572,835Expenses 2022: $1,046,330Net Income 2022: $526,5052022Revenue 2023: $4,936,327Expenses 2023: $1,166,688Net Income 2023: $3,769,6392023Revenue 2024: $4,235,830Expenses 2024: $1,562,733Net Income 2024: $2,673,0972024

Highlighted filing

2024

Revenue$4,235,830
Expenses$1,562,733
Net Income$2,673,097

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.4$0.00$48.4$4.24$1.56$2.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.1$0.00$41.1$4.94$1.17$3.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.8$0.00$33.8$1.57$1.05$0.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.8$0.08$38.7$6.34$1.17$5.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.3$0.03$27.3$2.68$1.08$1.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.5$0.00$26.5$1.52$1.09$0.43
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.4$0.00$25.4$4.61$1.07$3.54
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.9$0.00$20.9$1.61$0.92$0.69
2016Detailed filing. Detailed filing data is available for this year.$18.2$0.05$18.2$2.06$0.98$1.08
2015Detailed filing. Detailed filing data is available for this year.$17.6$0.00$17.6$2.60$8.05$5.45
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.4$0.01$23.4$0.71$4.31$3.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.9$0.00$24.9$1.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.9$0.00$23.9$1.25
2011Summary only. Only limited summary data is available for this year.$25.2$1.10$24.1$0.60$1.23$0.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.4$1.18$21.2$1.30
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2016 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 12, 2017
Return Version
2015v3.0
Gross Receipts
$6,164,815
Mission and Program Overview

Mission

The episcopal school of dallas permanent endowment trust was formed to operate exclusively as an endowment fund for the benefit of and to support the episcopal school of dallas, inc.

The Episcopal School of Dallas Permanent Endowment Trust operates exclusively as an endowment fund for the benefit of and to support The Episcopal School of Dallas, Inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$15,142,613$15,498,678▲ $356,065
Pledges and Grants Receivable$1,689,072$2,603,063▲ $913,991
Cash and Non-Interest-Bearing Accounts$578,153$111,963▼ $466,190
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$17,609,047$18,213,704▲ $604,657
Other Assets Total$199,209$0▼ $199,209
Liabilities
Other Liabilities$0$54,811▲ $54,811
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$54,811▲ $54,811
Net Assets / Fund Balance
Permanently Rstr Net Assets$11,755,275$14,060,275▲ $2,305,000
Unrestricted Net Assets$4,259,857$4,098,618▼ $161,239
Temporarily Rstr Net Assets$1,593,915$0▼ $1,593,915
Total Net Assets Fund Balance$17,609,047$18,158,893▲ $549,846
Total Liabilities and Net Assets / Fund Balance$17,609,047$18,213,704▲ $604,657

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$15,498,678--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$17,609,047$1,915,770▼ $366,022$999,902$18,158,893
2014$23,414,316$2,251,379▼ $5,362$8,051,286$17,609,047
2013$24,921,942$77,723▲ $2,720,284$4,305,633$23,414,316
2012$23,869,999$47,377▲ $2,105,501$1,100,935$24,921,942
2011$24,055,417$1,159,944▼ $78,122$1,267,240$23,869,999
Compensation and Service Providers

Board Members and Trustees

NameTitle
F Barron Fletcher IIIChair
Andrew SinwellTrustee
Brian CaseyTrustee
Kent McGaughyTrustee
Laura B BoeckmanTrustee
Lee HobsonTrustee
Robert A BuchholzChief Financial Officer, ESD
Stephen B SwannFormer Rector and Headmaster
Meredyth L ColeHead of School
Revenue and Support

Revenue Composition

Contributions and Grants
$1,915,770
Program Service Revenue
$0
Investment Income
$165,805
Other Revenue
$-19,476
All Other Contributions
$1,891,307
Change in Net Assets
$1,081,673

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,062,099
Revenue Not Reported on Form 990
$-512,351
Total Revenue per Audited Statements
$1,549,748
Total Revenue per Form 990
$2,062,099
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$619,476
Other Expenses$360,950
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$619,476--$619,476
Fees for Services Management-$170,178-$170,178
Other Expenses-$46,732-$46,732
Fees for Service Investment Mgmnt Fees-$16,225-$16,225
Fees for Services Accounting-$2,815-$2,815
Total Functional Expenses$619,476$360,950$0$980,426

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$999,902
Expenses per Audited Statements$980,426
Total Expenses per Form 990$980,426
Expenses Not Reported on Form 990$19,476
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Episcopal School of Dallas IncDallas, TX501(c)(3)ESD program support$619,476
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$19,476
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$24,463---
Total Events$24,463-$19,476$-19,476
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party$54,811
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Episcopal School of Dallas Permanent
EIN
75-2205213
In Care Of
% TYRONE THORNTON
Phone
2143584368
Address
4100 Merrell Road, Dallas, TX 75229

Signing Officer

Name
Robert a Buchholz
Title
CFO Esd
Phone
2143584368
Signed
2017-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
F Barron Fletcher III
Formed
1974
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Grant Thornton Llp
Address
8300 THORN DRIVE SUITE 300, WICHITA, KS 67226-2708
Preparer
Rebecca Zecha
Phone
3162653231
Supplemental Narrative

Additional Explanations

Members or Stockholders

Form 990, Part VI, Lines 6 and 7a The organization's members consist of the members of the Board of Trustees. Pursuant to the organization's trust agreement, the Board of Directors of the Episcopal School of Dallas, Inc. has the right to appoint and remove five of the nine trustees of the Episcopal School of Dallas Permanent Endowment Trust and to name the Chairperson. The Trustees of the Trust have the right to appoint the remaining four trustees.

Form 990 Review Process

Form 990, Part VI, Line 11b A copy of Form 990 is provided to each member of the Board via a secure web portal prior to filing with the IRS. The Board Chair of The Episcopal School of Dallas Permanent Endowment Trust, in conjunction with the CFO, the Controller, and the Director of Finance of The Episcopal School of Dallas, Inc., review the Form 990 prior to filing with the IRS.

Conflict of Interst Monitoring & Enforcement

Form 990, Part VI, Line 12c Members of the Board of Trustees are instructed to review the conflict of interest policy and complete a questionnaire on an annual basis. On the questionnaire, the trustees are instructed to disclose any potential conflicts of interest. The organization keeps copies of the trustees' responses on file.

Governing Documents

Form 990, Part VI, Line 19 The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Financial Statement Notes

Endowment Funds

Schedule D, Part V, Line 4 The Endowment Fund operates exclusively as an Endowment for the benefit of and to support The Episcopal School of Dallas, Inc.

Fin 48 (ASC 470) Footnote

Schedule D, Part X, Line 2 The Trust is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (the "Code") according to an Internal Revenue Service (the "IRS") determination letter dated May 10, 1998. The Financial Accounting Standards Board (the "FASB") provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken by the Trust in order to determine whether the tax positions are "more-likely-than-not" of being sustained "when challenged"when examined" by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense and liability in the current year. Management has determined that there are no material uncertain income tax positions. The Trust does not have any outstanding interest or penalties, and none have been recorded in the statements of activites for the years ended June 30, 2016 and 2015.

Reconciliation of Revenue

Schedule D, Part XI, Line 2d Fundraising expense Reclassed $ 19,476

Reconciliation of Expenses

Schedule D, Part XII, Line 2d Fundraising expense Reclassed $ 19,476

Raw XML AppendixShowing 400 of 625 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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IRS990/Form990PartVIISectionAGrp/PersonNm0F Barron Fletcher III
IRS990/Form990PartVIISectionAGrp/PersonNm1Laura B Boeckman
IRS990/Form990PartVIISectionAGrp/PersonNm2Brian Casey
IRS990/Form990PartVIISectionAGrp/PersonNm3Kent McGaughy
IRS990/Form990PartVIISectionAGrp/PersonNm4Lee Hobson
IRS990/Form990PartVIISectionAGrp/PersonNm5Andrew Sinwell
IRS990/Form990PartVIISectionAGrp/PersonNm6Meredyth L Cole
IRS990/Form990PartVIISectionAGrp/PersonNm7Robert A Buchholz
IRS990/Form990PartVIISectionAGrp/PersonNm8Stephen B Swann
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IRS990/MissionDesc0THE EPISCOPAL SCHOOL OF DALLAS PERMANENT ENDOWMENT TRUST WAS FORMED TO OPERATE EXCLUSIVELY AS AN ENDOWMENT FUND FOR THE BENEFIT OF AND TO SUPPORT THE EPISCOPAL SCHOOL OF DALLAS, INC.
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE EPISCOPAL SCHOOL OF DALLAS INC
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Schedule D, Part V, Line 4 The Endowment Fund operates exclusively as an Endowment for the benefit of and to support The Episcopal School of Dallas, Inc.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Schedule D, Part X, Line 2 The Trust is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code (the "Code") according to an Internal Revenue Service (the "IRS") determination letter dated May 10, 1998. The Financial Accounting Standards Board (the "FASB") provides guidance for how uncertain tax positions should be recognized, measured, disclosed and presented in the financial statements. This requires the evaluation of tax positions taken or expected to be taken by the Trust in order to determine whether the tax positions are "more-likely-than-not" of being sustained "when challenged"when examined" by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense and liability in the current year. Management has determined that there are no material uncertain income tax positions. The Trust does not have any outstanding interest or penalties, and none have been recorded in the statements of activites for the years ended June 30, 2016 and 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Schedule D, Part XI, Line 2d Fundraising expense Reclassed $ 19,476
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Schedule D, Part XII, Line 2d Fundraising expense Reclassed $ 19,476
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Endowment Funds
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Fin 48 (ASC 470) Footnote
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