Civic Intelligence

Arlington I S D Education Foundation

990 • Fiscal year 2020 • EIN 75-2561891

Jul 01, 2019 to Jun 30, 2020 • Filed on Jun 11, 2021

1141 W Pioneer Pkwy No 103Arlington, TX 76013

(682) 867-1927

Siviq Scores

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

Liabilities / Assets

30th percentile

0.02x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

0.06x

Higher debt load relative to revenue than 34% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

48th percentile

4.5%

Higher net margin than 48% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$62,198

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

31st percentile

-0.2%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

15th percentile

-31%

Faster revenue growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$1,196,756

Down $1,854 (-0.2%) from 2019

Net Assets

Down

$1,175,004

Down $23,606 (-2.0%) from 2019

Liabilities

Up

$21,752

Up $21,752 from 2019

Revenue

Down

$394,781

Down $180,894 (-31%) from 2019

Expenses

Down

$377,197

Down $93,470 (-20%) from 2019

Net Income

Down

$17,584

Down $87,424 (-83%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $453,651Liabilities 2011: $56,7442011Assets 2012: $401,974Liabilities 2012: $52,7252012Assets 2013: $338,784Liabilities 2013: $11,712Net Assets 2013: $327,0722013Assets 2014: $398,958Liabilities 2014: $23,001Net Assets 2014: $375,9572014Assets 2015: $506,482Liabilities 2015: $54Net Assets 2015: $506,4282015Assets 2016: $652,374Liabilities 2016: $1,475Net Assets 2016: $650,8992016Assets 2017: $874,747Liabilities 2017: $0Net Assets 2017: $874,7472017Assets 2018: $1,006,220Liabilities 2018: $0Net Assets 2018: $1,006,2202018Assets 2019: $1,198,610Liabilities 2019: $0Net Assets 2019: $1,198,6102019Assets 2020: $1,196,756Liabilities 2020: $21,752Net Assets 2020: $1,175,0042020Assets 2021: $1,697,835Liabilities 2021: $1,005Net Assets 2021: $1,696,8302021

Highlighted filing

2020

Assets$1,196,756
Liabilities$21,752
Net Assets$1,175,004

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $191,359Expenses 2011: $183,242Net Income 2011: $8,1172011Revenue 2012: $139,156Expenses 2012: $186,814Net Income 2012: -$47,6582012Expenses 2013: $209,4852013Revenue 2014: $195,731Expenses 2014: $150,588Net Income 2014: $45,1432014Revenue 2015: $343,093Expenses 2015: $221,236Net Income 2015: $121,8572015Revenue 2016: $440,263Expenses 2016: $279,037Net Income 2016: $161,2262016Revenue 2017: $666,423Expenses 2017: $539,119Net Income 2017: $127,3042017Revenue 2018: $403,087Expenses 2018: $333,118Net Income 2018: $69,9692018Revenue 2019: $575,675Expenses 2019: $470,667Net Income 2019: $105,0082019Revenue 2020: $394,781Expenses 2020: $377,197Net Income 2020: $17,5842020Revenue 2021: $559,805Expenses 2021: $335,192Net Income 2021: $224,6132021

Highlighted filing

2020

Revenue$394,781
Expenses$377,197
Net Income$17,584
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jun 11, 2021
Return Version
2019v5.2
Gross Receipts
$426,543
Mission and Program Overview

Mission

To serve the students of the arlington isd by fulfilling extraordinary educational needs and initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$1,134,913$1,129,362▼ $5,551
Cash and Non-Interest-Bearing Accounts$63,697$67,394▲ $3,697
Total Assets$1,198,610$1,196,756▼ $1,854
Liabilities
Other Liabilities$0$20,700▲ $20,700
Accounts Payable and Accrued Expenses$0$1,052▲ $1,052
Total Liabilities$0$21,752▲ $21,752
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$981,105$939,749▼ $41,356
Net Assets With Donor Restrictions$217,505$235,255▲ $17,750
Total Net Assets Fund Balance$1,198,610$1,175,004▼ $23,606
Total Liabilities and Net Assets / Fund Balance$1,198,610$1,196,756▼ $1,854

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1,129,362--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$489,468$39,705--$529,173
2018$467,505$21,963--$489,468
2017$317,505$150,000--$467,505
2016$317,505---$317,505
2015$317,505---$317,505
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amanda SullinsExecutive DirectorFT$58,303$3,895$62,198

Board Members and Trustees

NameTitle
Elizabeth CalvoImmediate Past President
Allan BeckPresident
Reba BlevensExecutive Vice President
Amy WadeDirector
Beth OwensDirector
Dale Sharpe-jenkinsDirector
Diane PatrickDirector
Gara HillDirector
Jeanne Paull-turnerDirector
Karin MorrisDirector
Lori KretzDirector
Mary Tom CurnuttDirector
Paul FulksDirector
Petrina Bonnick-higginsDirector
Sheila NagyDirector
Suzann BrownDirector
Victoria Farrar-myersDirector
Yoko MatsumotoDirector
Chad BatesDirector at Large
Karen WilliamsDirector at Large
Michael JacobsonAssistant Treasurer
Michael JarrettAssistant Treasurer
Aaron ReichEx-officio
Marcelo CavazosEx-officio
Kelly CurnuttSecretary
Dan TaaffeVP Finance/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$167,182
Program Service Revenue
$0
Investment Income
$46,371
Other Revenue
$181,228
All Other Contributions
$167,182
Change in Net Assets
$17,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$426,543
Revenue Not Reported on Financial Statements
$-31,762
Revenue Not Reported on Form 990
$-41,190
Other Revenue Adjustments
$-31,762
Total Revenue per Audited Statements
$385,353
Total Revenue per Form 990
$394,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$190,936
Salaries, Compensation, and Employee Benefits$123,882
Other Expenses$62,379
Total Fundraising Expense$31,059
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$190,936--$190,936
Other Salaries and Wages$30,970$61,941$30,971$123,882
Fees for Services Accounting-$5,500-$5,500
All Other Expenses-$2,792-$2,792
Insurance-$1,488-$1,488
Other Expenses$39,406$1,471$88$1,471
Total Functional Expenses$261,312$84,826$31,059$377,197

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$408,959
Total Expenses per Audited Statements$408,959
Total Expenses per Form 990$377,197
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-31,762
Other Expense Adjustments$-31,762
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Arlington Independent School DistrictArlington, TX-Grants$190,936
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$212,990
Fundraising Direct Expenses$31,762
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Tailgate Arlington$159,355$159,355$31,399$127,956
Education Celebration$53,635$53,635$363$53,272
Total Events$212,990$212,990$31,762$181,228
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$20,700
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 will be reviewed by the governing body at the monthly board meeting.

Form 990, Part VI, Section B, Line 12C

The organization monitors and enforces compliance with the conflict of interest policy by having the financial committee review all contracts and principals.

Form 990, Part VI, Section B, Line 15

The organization's board members review the executive director's compensation annually.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Arlington Isd Education Foundation
EIN
75-2561891
Phone
6828671927
Address
1141 W PIONEER PKWY NO 103, ARLINGTON, TX 76013

Signing Officer

Name
Amanda Sullins
Title
Current Executive Director
Phone
6828671927
Signed
2021-06-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amanda Sullins
Formed
1994
Legal Domicile
TX
Voting Board Members
24
Independent Board Members
24
Employees
2
Volunteers
40

Preparer

Firm
Whitley Penn Llp
Address
640 TAYLOR ST STE 2200, FORT WORTH, TX 76102
Preparer
Emily Landry
Phone
8172599100
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Board officers are responsible for oversight of the audit and selection of independent accountant.

Form 990, Part X, Line 25

The foundation applied for a ppp loan in the amount of $20,700, which was approved by the sba on april 17, 2020. The foundation expects to use the proceeds of the ppp loan in accordance with the provisions of the care act.

Financial Statement Notes

PART X, LINE 2:

The foundation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

UNREALIZED LOSS -41,190.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

NET FUNDRAISING -31,762.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

NET FUNDRAISING -31,762.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP FINANCE/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt25EX-OFFICIO
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IRS990/MinutesOfCommitteesInd01
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IRS990/OtherExpensesGrp/Desc1SUPPLIES AND MATERIALS
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