Civic Intelligence

White Owl Housing Foundation Inc

990 • Fiscal year 2014 • EIN 75-2517100

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 07, 2015

9102 Vicksburg 10Lubbock, TX 79424

(806) 797-3251

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2014 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

28th percentile

0.00x

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

2014 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2014

Net Margin

6th percentile

-125%

Higher net margin than 6% of similar nonprofits.

2014 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

66th percentile

$0

Higher top officer pay than 66% of similar nonprofits.

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

2014 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2014

Asset Growth

14th percentile

-6.1%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)2 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

-0.1%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)2 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$517,441

Down $33,545 (-6.1%) from 2013

Net Assets

Down

$517,441

Down $33,545 (-6.1%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$29,620

Down $41 (-0.1%) from 2013

Expenses

Up

$66,542

Up $8,680 (+15%) from 2013

Net Income

Down

-$36,922

Down $8,721 (-31%) from 2013

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: $618,718Liabilities 2010: $0Net Assets 2010: $618,7182010Assets 2011: $571,991Liabilities 2011: $0Net Assets 2011: $571,9912011Assets 2012: $550,646Liabilities 2012: $0Net Assets 2012: $550,6462012Assets 2013: $550,986Liabilities 2013: $0Net Assets 2013: $550,9862013Assets 2014: $517,441Liabilities 2014: $0Net Assets 2014: $517,4412014Assets 2015: $469,705Net Assets 2015: $469,7052015Assets 2016: $437,390Net Assets 2016: $437,3902016Assets 2017: $410,649Net Assets 2017: $410,6492017Assets 2018: $358,295Net Assets 2018: $358,2952018Assets 2019: $344,920Net Assets 2019: $344,9202019Assets 2020: $324,305Liabilities 2020: $10,000Net Assets 2020: $314,3052020Assets 2021: $306,220Liabilities 2021: $10,000Net Assets 2021: $296,2202021Assets 2022: $281,856Net Assets 2022: $281,8562022Assets 2023: $297,164Net Assets 2023: $297,1642023Assets 2024: $423,532Liabilities 2024: $0Net Assets 2024: $423,5322024

Highlighted filing

2014

Assets$517,441
Liabilities$0
Net Assets$517,441

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $72,4322010Expenses 2011: $79,7162011Expenses 2012: $71,8992012Revenue 2013: $29,661Expenses 2013: $57,862Net Income 2013: -$28,2012013Revenue 2014: $29,620Expenses 2014: $66,542Net Income 2014: -$36,9222014Revenue 2015: $45,354Expenses 2015: $70,701Net Income 2015: -$25,3472015Revenue 2016: $38,295Expenses 2016: $63,733Net Income 2016: -$25,4382016Revenue 2017: $67,050Expenses 2017: $73,115Net Income 2017: -$6,0652017Revenue 2018: $33,455Expenses 2018: $73,600Net Income 2018: -$40,1452018Revenue 2019: $35,351Expenses 2019: $66,557Net Income 2019: -$31,2062019Revenue 2020: $15,601Expenses 2020: $66,136Net Income 2020: -$50,5352020Revenue 2021: $55,856Expenses 2021: $74,296Net Income 2021: -$18,4402021Revenue 2022: $44,426Expenses 2022: $41,948Net Income 2022: $2,4782022Revenue 2023: $48,607Expenses 2023: $47,223Net Income 2023: $1,3842023Revenue 2024: $207,220Expenses 2024: $90,297Net Income 2024: $116,9232024

Highlighted filing

2014

Revenue$29,620
Expenses$66,542
Net Income-$36,922
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 7, 2015
Return Version
2014v5.0
Gross Receipts
$54,149
Mission and Program Overview

Mission

Providing a house for phi gamma delta fraternity at texas tech university in lubbock, texas.

Rental income from fraternity

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$550,986$517,441▼ $33,545
Land, Buildings, and Equipment, Net$385,922$364,965▼ $20,957
Cash and Non-Interest-Bearing Accounts$5,403$10,373▲ $4,970
Pledges and Grants Receivable$500$500→ $0
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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$550,986$517,441▼ $33,545
Other Assets Total$159,161$141,603▼ $17,558
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$550,986$517,441▼ $33,545
Total Liabilities and Net Assets / Fund Balance$550,986$517,441▼ $33,545

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$125,538$400,757$526,295
Other Land Buildings$228,342$187,264$415,606
Leasehold Improvements$11,085$153$11,238
Other Assets Org$141,603--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Larry LowePresident
Paul RiderSecretary
Monte HasieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$26,400
Investment Income
$3,220
Other Revenue
$0
Change in Net Assets
$-36,922
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$66,542
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion---$32,195
Other Expenses$5,207--$5,207
All Other Expenses$1,414--$1,414
Fees for Services Accounting$875--$875
Total Functional Expenses$34,347$0$0$66,542
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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, 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

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
White Owl Housing Foundation Inc
EIN
75-2517100
Phone
8067973251
Address
9102 VICKSBURG 10, LUBBOCK, TX 79424

Signing Officer

Name
Monte Hasie
Title
Treasurer
Signed
2015-07-07
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Mason Warner & Company PC
Address
5202 Indiana Ave, Lubbock, TX 79413
Preparer
Gary L Lane
Phone
8067973251
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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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ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079424
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Mason Warner & Company PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05202 Indiana Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lubbock
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd079413
ReturnHeader/PreparerPersonGrp/PhoneNum08067973251
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY L LANE
ReturnHeader/ReturnTs02015-07-07T13:16:07-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$2.07$0.90$1.17
2023Detailed filing. Detailed filing data is available for this year.$2.97$2.97$0.49$0.47$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.82$2.82$0.44$0.42$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.06$0.10$2.96$0.56$0.74$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.24$0.10$3.14$0.16$0.66$0.51
2019Detailed filing. Detailed filing data is available for this year.$3.45$3.45$0.35$0.67$0.31
2018Detailed filing. Detailed filing data is available for this year.$3.58$3.58$0.33$0.74$0.40
2017Detailed filing. Detailed filing data is available for this year.$4.11$4.11$0.67$0.73$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.37$4.37$0.38$0.64$0.25
2015Detailed filing. Detailed filing data is available for this year.$4.70$4.70$0.45$0.71$0.25
2014Detailed filing. Detailed filing data is available for this year.$5.17$0.00$5.17$0.30$0.67$0.37
2013Detailed filing. Detailed filing data is available for this year.$5.51$0.00$5.51$0.30$0.58$0.28
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.51$0.00$5.51$0.72
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.72$0.00$5.72$0.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.19$0.00$6.19$0.72