Civic Intelligence

Hendrick Scholarship Foundation

EIN 75-2376396 • 501(c)3 • Plano, TX

Profile

The mission of the hendrick scholarship foundation is to provide the means for qualified students who have had adversities to enroll in college and, with continued moral and financial encouragement and support, to graduate.

2030 Avenue GPlano, TX 75074

www.hendrickscholarship.org

Siviq Scores

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

Liabilities / Assets

37th percentile

0.00x

Higher debt load relative to assets than 37% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

38th percentile

0.00x

Higher debt load relative to revenue than 38% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

89th percentile

48%

Higher net margin than 89% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

91st percentile

77%

Faster asset growth than 91% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

92nd percentile

123%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets37th percentile

Assets

Up

$723,089

Up $313,689 (+77%) from 2021

Liabilities

Up

$841

Up $841 from 2021

Net Assets

Up

$722,248

Up $312,848 (+76%) from 2021

Operations
Liabilities / Revenue38th percentileNet Margin89th percentile

Revenue

Up

$578,067

Up $318,831 (+123%) from 2021

Expenses

Up

$299,267

Up $161,575 (+117%) from 2021

Net Income

Up

$278,800

Up $157,256 (+129%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$800K$600K$400K$200K$0Assets 2011: $344,318Liabilities 2011: $0Net Assets 2011: $344,3182011Assets 2012: $435,395Liabilities 2012: $0Net Assets 2012: $435,3952012Assets 2013: $517,435Liabilities 2013: $0Net Assets 2013: $517,4352013Assets 2014: $628,373Liabilities 2014: $0Net Assets 2014: $628,3732014Assets 2015: $630,377Liabilities 2015: $0Net Assets 2015: $630,3772015Assets 2016: $669,264Liabilities 2016: $0Net Assets 2016: $669,2642016Assets 2017: $632,239Liabilities 2017: $9,148Net Assets 2017: $623,0912017Assets 2018: $453,343Liabilities 2018: $0Net Assets 2018: $453,3432018Assets 2019: $343,882Liabilities 2019: $0Net Assets 2019: $343,8822019Assets 2020: $296,228Liabilities 2020: $8,372Net Assets 2020: $287,8562020Assets 2021: $409,400Liabilities 2021: $0Net Assets 2021: $409,4002021Assets 2022: $723,089Liabilities 2022: $841Net Assets 2022: $722,2482022

Highlighted filing

2022

Assets$723,089
Liabilities$841
Net Assets$722,248
Open 2022 Filing

Operations Trend

Revenue Growth92nd percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $312,125Expenses 2011: $239,885Net Income 2011: $72,2402011Revenue 2012: $377,805Expenses 2012: $303,278Net Income 2012: $74,5272012Revenue 2013: $418,503Expenses 2013: $359,606Net Income 2013: $58,8972013Revenue 2014: $517,063Expenses 2014: $432,108Net Income 2014: $84,9552014Revenue 2015: $564,280Expenses 2015: $525,006Net Income 2015: $39,2742015Revenue 2016: $300,255Expenses 2016: $275,582Net Income 2016: $24,6732016Revenue 2017: $345,719Expenses 2017: $386,369Net Income 2017: -$40,6502017Revenue 2018: $288,772Expenses 2018: $474,106Net Income 2018: -$185,3342018Revenue 2019: $302,175Expenses 2019: $396,976Net Income 2019: -$94,8012019Revenue 2020: $280,128Expenses 2020: $336,154Net Income 2020: -$56,0262020Revenue 2021: $259,236Expenses 2021: $137,692Net Income 2021: $121,5442021Revenue 2022: $578,067Expenses 2022: $299,267Net Income 2022: $278,8002022

Highlighted filing

2022

Revenue$578,067
Expenses$299,267
Net Income$278,800
Open 2022 Filing

Filings

Most recent year

2022 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$723,089
Liabilities
$841
Net assets
$722,248
Revenue
$578,067
Expenses
$299,267
Net income
$278,800
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.23$0.01$7.22$5.78$2.99$2.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.09$0.00$4.09$2.59$1.38$1.22
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.96$0.08$2.88$2.80$3.36$0.56
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.00$3.44$3.02$3.97$0.95
2018Summary only. Only limited summary data is available for this year.$4.53$0.00$4.53$2.89$4.74$1.85
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$0.09$6.23$3.46$3.86$0.41
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.69$0.00$6.69$3.00$2.76$0.25
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.30$0.00$6.30$5.64$5.25$0.39
2014Detailed filing. Detailed filing data is available for this year.$6.28$0.00$6.28$5.17$4.32$0.85
2013Summary only. Only limited summary data is available for this year.$5.17$0.00$5.17$4.19$3.60$0.59
2012Summary only. Only limited summary data is available for this year.$4.35$0.00$4.35$3.78$3.03$0.75
2011Summary only. Only limited summary data is available for this year.$3.44$0.00$3.44$3.12$2.40$0.72
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$280,128
Mission and Program Overview

Mission

The mission of the hendrick scholarship foundation is to provide the means for qualified students who have had adversities to enroll in college and, with continued moral and financial encouragement and support, to graduate.

The mission of the hendrick scholarship foundation is to provide the means for qualified students who have experienced adversities to enroll in college and, with continued moral and financial encouragement and support, to graduate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$250,774$233,062▼ $17,712
Cash and Non-Interest-Bearing Accounts$88,908$57,116▼ $31,792
Pledges and Grants Receivable-$6,050-
Land, Buildings, and Equipment, Net$4,200--
Total Assets$343,882$296,228▼ $47,654
Liabilities
Other Liabilities-$8,372-
Total Liabilities$0$8,372▲ $8,372
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$331,511$280,568▼ $50,943
Net Assets With Donor Restrictions$12,371$7,288▼ $5,083
Total Net Assets Fund Balance$343,882$287,856▼ $56,026
Total Liabilities and Net Assets / Fund Balance$343,882$296,228▼ $47,654

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$5,700$5,700
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Rutledge HaggardChair Emerit
Jean CallisonPresident
Chris IngallsBoard Member
Diane RobbinsBoard Member
Doug WillisBoard Member
Dr La Tanya ThomasBoard Member
Joan CalhounBoard Member
Karen NobleBoard Member
Kim MooreBoard Member
Kimberly LudwigBoard Member
Kimberly WoodardBoard Member
Mardy SackleyBoard Member
Mark PharissBoard Member
Sharon HirschBoard Member
Shelley SticklandBoard Member
Sheri SteeleBoard Member
Mary Jo DeanImmediate Pa
Bob KehrSecretary
Carrolyn MoebiusTreasurer
Berk SmithVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$133,214
Program Service Revenue
$0
Investment Income
$4,119
Other Revenue
$142,795
All Other Contributions
$133,214
Change in Net Assets
$-56,026

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table2$36,349
Total Noncash Contributions2$36,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$130,461
Salaries, Compensation, and Employee Benefits$108,274
Other Expenses$97,419
Total Fundraising Expense$52,678
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$130,461--$130,461
Other Salaries and Wages-$100,580-$100,580
Fees for Services Other--$39,565$39,565
Occupancy-$23,599-$23,599
Office Expenses-$7,187$10,230$17,417
Payroll Taxes-$7,694-$7,694
Depreciation Depletion$5,700--$5,700
Insurance-$4,275-$4,275
Advertising--$2,883$2,883
Information Technology-$2,125-$2,125
Fees for Services Accounting-$1,555-$1,555
Fees for Service Investment Mgmnt Fees-$300-$300
Total Functional Expenses$136,161$147,315$52,678$336,154
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$142,795
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Taste Fundraise$142,795$142,795-$142,795
Total Events$142,795$142,795-$142,795
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Sponsorships$8,372
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Hendrick Scholarship Foundation
EIN
75-2376396
Phone
9724232079
Address
2030 AVENUE G, PLANO, TX 75074

Signing Officer

Name
Carrolyn Moebius
Title
Treasurer
Phone
9724232079
Signed
2021-11-15

Organization Details

Principal Officer
Carrolyn Moebius
Voting Board Members
19
Independent Board Members
19
Employees
5
Volunteers
117

Preparer

Firm
Beckley & Associates Pllc
Address
1400 PRESTON RD STE 315, PLANO, TX 75093
Preparer
Jeffrey Beckley
Phone
9723090002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The mission of the hendrick scholarship foundation is to provide the means for qualified students who have experienced adversities to enroll in college and, with continued moral and financial encouragement and support, to graduate.”

Form 990, Page 2, Part III, Line 4D

“Hendrick scholarship students need help with funding their college education as well as emotional encouragement to reach their educational and life potential. Hendrick foundation's grants pay for tuition, fees, and books to help to locate resources to deal with issues such as transportation, employment, or housing. Hendrick scholarships granted in 2020:”

Form 990, Part IX, Line 11G

“Auction and raffle expenses 0 0 17,925 decor and av rentals 0 0 12,755 fees 0 0 7,730 dononr development 0 0 1,155 total 0 0 39,565”

Raw XML AppendixShowing 400 of 439 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.

Path#Value
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IRS990/ConsolidatedAuditFinclStmtInd0false
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IRS990/CYContributionsGrantsAmt0133214
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IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01555
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IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR EMERIT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
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IRS990/MissionDesc0THE MISSION OF THE HENDRICK SCHOLARSHIP FOUNDATION IS TO PROVIDE THE MEANS FOR QUALIFIED STUDENTS WHO HAVE EXPERIENCED ADVERSITIES TO ENROLL IN COLLEGE AND, WITH CONTINUED MORAL AND FINANCIAL ENCOURAGEMENT AND SUPPORT, TO GRADUATE.
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IRS990/OtherLiabilitiesGrp/EOYAmt08372
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IRS990/PrincipalOfficerNm0CARROLYN MOEBIUS
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HENDRICK SCHOLARSHIP STUDENTS NEED HELP WITH FUNDING THEIR COLLEGE EDUCATION AS WELL AS EMOTIONAL ENCOURAGEMENT TO REACH THEIR EDUCATIONAL AND LIFE POTENTIAL. HENDRICK FOUNDATION'S GRANTS PAY FOR TUITION, FEES, AND BOOKS TO HELP TO LOCATE RESOURCES TO DEAL WITH ISSUES SUCH AS TRANSPORTATION, EMPLOYMENT, OR HOUSING. HENDRICK SCHOLARSHIPS GRANTED IN 2020:
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID SPONSORSHIPS
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TUITION
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE HENDRICK SCHOLARSHIP FOUNDATION IS TO PROVIDE THE MEANS FOR QUALIFIED STUDENTS WHO HAVE EXPERIENCED ADVERSITIES TO ENROLL IN COLLEGE AND, WITH CONTINUED MORAL AND FINANCIAL ENCOURAGEMENT AND SUPPORT, TO GRADUATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1HENDRICK SCHOLARSHIP STUDENTS NEED HELP WITH FUNDING THEIR COLLEGE EDUCATION AS WELL AS EMOTIONAL ENCOURAGEMENT TO REACH THEIR EDUCATIONAL AND LIFE POTENTIAL. HENDRICK FOUNDATION'S GRANTS PAY FOR TUITION, FEES, AND BOOKS TO HELP TO LOCATE RESOURCES TO DEAL WITH ISSUES SUCH AS TRANSPORTATION, EMPLOYMENT, OR HOUSING. HENDRICK SCHOLARSHIPS GRANTED IN 2020:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AUCTION AND RAFFLE EXPENSES 0 0 17,925 DECOR AND AV RENTALS 0 0 12,755 FEES 0 0 7,730 DONONR DEVELOPMENT 0 0 1,155 TOTAL 0 0 39,565
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0296228
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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