Civic Intelligence

Floyd County Friends Inc

EIN 75-2593952 • 501(c)3 • Lockney, TX

Profile

Our primary purpose is to operate and maintain our 38,000 square foot multi-purpose building to serve our 6,000 populated county. We are a community service organization.

PO Box 384Lockney, TX 79241
Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.00x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

70th percentile

18%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

43rd percentile

$14,842

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 7.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

47th percentile

2.6%

Faster asset growth than 47% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

2.0%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,305,256

Up $32,933 (+2.6%) from 2023

Liabilities

Up

$153

Up $41 (+37%) from 2023

Net Assets

Up

$1,305,103

Up $32,892 (+2.6%) from 2023

Revenue

Up

$187,262

Up $3,633 (+2.0%) from 2023

Expenses

Up

$154,370

Up $20,241 (+15%) from 2023

Net Income

Down

$32,892

Down $16,608 (-34%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $907,562Liabilities 2011: $146Net Assets 2011: $907,4162011Assets 2012: $912,694Liabilities 2012: $146Net Assets 2012: $912,5482012Assets 2013: $936,519Liabilities 2013: $146Net Assets 2013: $936,3732013Assets 2014: $952,279Liabilities 2014: $146Net Assets 2014: $952,1332014Assets 2015: $943,591Liabilities 2015: $146Net Assets 2015: $943,4452015Assets 2016: $1,047,355Liabilities 2016: $111Net Assets 2016: $1,047,2442016Assets 2017: $1,073,944Liabilities 2017: $111Net Assets 2017: $1,073,8822017Assets 2018: $1,104,581Liabilities 2018: $111Net Assets 2018: $1,104,4702018Assets 2019: $1,152,071Liabilities 2019: $111Net Assets 2019: $1,151,9602019Assets 2020: $1,175,604Liabilities 2020: $28,362Net Assets 2020: $1,147,2422020Assets 2021: $1,208,059Liabilities 2021: $112Net Assets 2021: $1,207,9472021Assets 2022: $1,222,823Liabilities 2022: $112Net Assets 2022: $1,222,7112022Assets 2023: $1,272,323Liabilities 2023: $112Net Assets 2023: $1,272,2112023Assets 2024: $1,305,256Liabilities 2024: $153Net Assets 2024: $1,305,1032024

Highlighted filing

2024

Assets$1,305,256
Liabilities$153
Net Assets$1,305,103

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $52,868Expenses 2011: $45,044Net Income 2011: $7,8242011Revenue 2012: $51,644Expenses 2012: $46,500Net Income 2012: $5,1442012Revenue 2013: $66,835Expenses 2013: $43,029Net Income 2013: $23,8062013Revenue 2014: $58,292Expenses 2014: $42,532Net Income 2014: $15,7602014Revenue 2015: $62,065Expenses 2015: $70,753Net Income 2015: -$8,6882015Revenue 2016: $180,137Expenses 2016: $73,982Net Income 2016: $106,1552016Revenue 2017: $113,317Expenses 2017: $86,679Net Income 2017: $26,6382017Revenue 2018: $158,142Expenses 2018: $127,554Net Income 2018: $30,5882018Revenue 2019: $170,240Expenses 2019: $122,750Net Income 2019: $47,4902019Revenue 2020: $62,499Expenses 2020: $67,217Net Income 2020: -$4,7182020Revenue 2021: $192,388Expenses 2021: $133,483Net Income 2021: $58,9052021Revenue 2022: $175,747Expenses 2022: $160,986Net Income 2022: $14,7612022Revenue 2023: $183,629Expenses 2023: $134,129Net Income 2023: $49,5002023Revenue 2024: $187,262Expenses 2024: $154,370Net Income 2024: $32,8922024

Highlighted filing

2024

Revenue$187,262
Expenses$154,370
Net Income$32,892

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.31$0.00$1.31$0.19$0.15$0.03
2023Summary only. Only limited summary data is available for this year.$1.27$0.00$1.27$0.18$0.13$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.22$0.00$1.22$0.18$0.16$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$0.19$0.13$0.06
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.03$1.15$0.06$0.07$0.00
2019Summary only. Only limited summary data is available for this year.$1.15$0.00$1.15$0.17$0.12$0.05
2018Summary only. Only limited summary data is available for this year.$1.10$0.00$1.10$0.16$0.13$0.03
2017Summary only. Only limited summary data is available for this year.$1.07$0.00$1.07$0.11$0.09$0.03
2016Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.18$0.07$0.11
2015Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.06$0.07$0.01
2014Summary only. Only limited summary data is available for this year.$0.95$0.00$0.95$0.06$0.04$0.02
2013Summary only. Only limited summary data is available for this year.$0.94$0.00$0.94$0.07$0.04$0.02
2012Summary only. Only limited summary data is available for this year.$0.91$0.00$0.91$0.05$0.05$0.01
2011Summary only. Only limited summary data is available for this year.$0.91$0.00$0.91$0.05$0.05$0.01
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 14, 2023
Return Version
2022v5.0
Gross Receipts
$175,747
Mission and Program Overview

Mission

Our primary purpose is to operate and maintain our 38,000 square foot multi-purpose building to serve our 6,000 populated county. We are a community service organization.

Our Primary purpose is to operate and maintain a 38.000 square foot multi-purpose building to serve our 6,000 populated county. We are a community service organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,041,400$1,079,932▲ $38,532
Cash and Non-Interest-Bearing Accounts$114,513$97,217▼ $17,296
Investments Program Related$48,675$42,010▼ $6,665
Savings and Temporary Cash Investments$3,471$3,664▲ $193
Accounts Receivable$0--
Total Assets$1,208,059$1,222,823▲ $14,764
Liabilities
Accounts Payable and Accrued Expenses$112$112→ $0
Deferred Revenue$0--
Total Liabilities$112$112→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$777,447$792,211▲ $14,764
Net Assets With Donor Restrictions$430,500$430,500→ $0
Total Net Assets Fund Balance$1,207,947$1,222,711▲ $14,764
Total Liabilities and Net Assets / Fund Balance$1,208,059$1,222,823▲ $14,764

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$1,079,457-$0
Equipment$475$867$0
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2022$48,675$0▼ $6,213$0$42,010
2021$43,641$0▲ $5,501$0$48,675
2020$39,702$0▲ $4,356$0$43,641
2019$30,341$0▲ $9,587$0$39,702
2018$33,340$0▼ $2,427$0$30,341
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sherry HackerKey EmployeePT$11,236$11,236

Board Members and Trustees

NameTitle
Marty LuckePresident
David Foster1st Vice President
DarLee FosterBoard Member
Delinda LuckeBoard Member
Don and Christina ChesshirBoard Member
Jerry and Darla ChappellBoard Member
Jody FosterBoard Member
Natalie SnowdenBoard Member
Samantha StanfordBoard Member
Segayle FosterBoard Member
Asa and Senee' ColeBoard Members
Chad and Katie CookBoard Members
Clint and Teresa BighamBoard Members
Garrett and Lindsie MathisBoard Members
Lindan and D'Lyn MorrisBoard Members
Mark and Kristie CarrollBoard Members
Martin and Robin StoernerBoard Members
Mitch and Lorena WilliamsBoard Members
Kirby NixonSecretary
Shawnda FosterTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$498
Program Service Revenue
$175,021
Investment Income
$138
Other Revenue
$90
All Other Contributions
$498
Change in Net Assets
$14,761
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$149,080
Salaries, Compensation, and Employee Benefits$11,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$115,827$0$0$115,827
Occupancy$26,136$0$0$26,136
Current Officers, Directors, Trustees, and Key Employees$11,236$0$0$11,236
Other Expenses$698$0$0$698
Payroll Taxes$670$0$0$670
Advertising$75$0$0$75
Total Functional Expenses$160,986$0$0$160,986
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
Yes
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, Section A, Line 2

Jody & Shawnda Foster are in business relationships with board members David & DarLee Foster. Jody & David Foster are brothers. Jody & Shawnda Foster are in business with board members Segayle Foster & Asa & Senee' Cole. Segayle Foster & Senee' Cole are the daughters of Jody & Shawnda Foster.

Form 990, Part VI, Section A, Line 9

Marty & Delinda Lucke, 802 W Jackson, Floydada, TX 79235. David & DarLee Foster, 570 FM 2886, Lockney, TX 79241. Jody & Shawnda Foster, 1231 County Road 57, Lockney, TX 79241. Segayle Foster, 2115 S Van Buren St, Amarillo, TX 79109. Chad & Katie Cook, 714 W Willow, Lockney, TX 79241. Garrett & Lindsie Mathis, 1852 County Road 100, Plainview, TX 79072. Martin & Robin Stoerner, 151 FM 788, Lockney, TX 79241. Clint & Teresa Bigham, 450 County Road 196, Lockney, TX 79241. Asa & Senee' Cole, 1010 Lavada Drive, Lockney, TX 79241. Mitch & Lorena Williams, 300 Mesa Circle, Plainview, TX 79072. Mark & Kristie Carroll, 905 W Houston St, Floydada, TX 79235. Samantha Stanford, PO Box 54, Edmonson, TX 79032. Kirby Nixon, 1712 FM 786, Floydada, TX 79235. Natalie Snowden, 920 W Kentucky, Floydada, TX 79235. Don & Christian Chesshir, 212 E Jeffie Ave, Floydada, TX 79235. Jerry & Darla Chappell, 724 W Tennessee, Floydada, TX 79235. Lindan & D'Lyn Morris, 1200 FM 2301, Lockney, TX 79241. Sherry Hacker, PO Box 325, Floydada, TX 79235

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

Our organizations documents are available upon request by the board members.

Form 990, Part VI, Section B, Line 15

Our key employee's salary is set and discussed at our board meeting.

Form 990, Part VI, Section C, Line 19

Any of our organization's documents are available on request.

Filing and Contact Details

Filer

Filer Name
Floyd County Friends Inc
EIN
75-2593952
Phone
8069837222
Address
PO Box 384, Lockney, TX 79241

Signing Officer

Name
Shawnda Foster
Title
2nd Vice President/Treasurer
Phone
8069837222
Signed
2023-05-14

Organization Details

Formed
1995
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

There was $3 of interest income that wasn't included in the 2021 Form 990

Financial Statement Notes

Schedule D, Part V, Line 4

Our goal for the endowment account is to raise enough funds in this account for the interest made to operate our Unity Center.

Raw XML AppendixShowing 400 of 581 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/ActivitiesConductedPrtshpInd00
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IRS990/AdvertisingGrp/TotalAmt075
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IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0Shawnda Foster
IRS990/BooksInCareOfDetail/PhoneNum08069837222
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01231 County Road 57
IRS990/BooksInCareOfDetail/USAddress/CityNm0Lockney
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990/Form990PartVIISectionAGrp/PersonNm3Jody Foster
IRS990/Form990PartVIISectionAGrp/PersonNm4Jerry and Darla Chappell
IRS990/Form990PartVIISectionAGrp/PersonNm5Chad and Katie Cook
IRS990/Form990PartVIISectionAGrp/PersonNm6Garrett and Lindsie Mathis
IRS990/Form990PartVIISectionAGrp/PersonNm7Lindan and D'Lyn Morris
IRS990/Form990PartVIISectionAGrp/PersonNm8Martin and Robin Stoerner
IRS990/Form990PartVIISectionAGrp/PersonNm9Clint and Teresa Bigham
IRS990/Form990PartVIISectionAGrp/PersonNm10Asa and Senee' Cole
IRS990/Form990PartVIISectionAGrp/PersonNm11Mitch and Lorena Williams
IRS990/Form990PartVIISectionAGrp/PersonNm12Mark and Kristie Carroll
IRS990/Form990PartVIISectionAGrp/PersonNm13Marty Lucke
IRS990/Form990PartVIISectionAGrp/PersonNm14David Foster
IRS990/Form990PartVIISectionAGrp/PersonNm15Shawnda Foster
IRS990/Form990PartVIISectionAGrp/PersonNm16Kirby Nixon
IRS990/Form990PartVIISectionAGrp/PersonNm17Segayle Foster
IRS990/Form990PartVIISectionAGrp/PersonNm18Don and Christina Chesshir
IRS990/Form990PartVIISectionAGrp/PersonNm19Samantha Stanford
IRS990/Form990PartVIISectionAGrp/PersonNm20Natalie Snowden
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Key Employee
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Members
IRS990/Form990PartVIISectionAGrp/TitleTxt13President
IRS990/Form990PartVIISectionAGrp/TitleTxt141st Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt16Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
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IRS990/MissionDesc0Our primary purpose is to operate and maintain our 38,000 square foot multi-purpose building to serve our 6,000 populated county. We are a community service organization.
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IRS990/ProgSrvcAccomActy2Grp/Desc0Our Annual Gala is a source of operating income for our Unity Center. The 2021 Gala serves over 600 guests and 40 adults help serve.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Our endowment account is an ongoing program and it is our goal to raise enough funds in this account for the interest made to operate our Unity Center.
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