Civic Intelligence

Education Foundation for Waxahachie Independent School District

990 • Fiscal year 2017 • EIN 75-2804872

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 17, 2018

411 N Gibson StWaxahachie, TX 75165

(972) 923-4631

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

26th percentile

0.00x

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

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

95th percentile

65%

Higher net margin than 95% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

84th percentile

32%

Faster asset growth than 84% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

84%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$739,351

Up $179,863 (+32%) from 2016

Net Assets

Up

$739,351

Up $179,863 (+32%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$207,332

Up $94,532 (+84%) from 2016

Expenses

Up

$72,859

Up $12,331 (+20%) from 2016

Net Income

Up

$134,473

Up $82,201 (+157%) from 2016

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: $405,398Liabilities 2011: $188Net Assets 2011: $405,2102011Assets 2012: $384,099Liabilities 2012: $159Net Assets 2012: $383,9402012Assets 2013: $438,989Liabilities 2013: $169Net Assets 2013: $438,8202013Assets 2014: $505,771Liabilities 2014: $53,913Net Assets 2014: $451,8582014Assets 2015: $526,531Liabilities 2015: $39,742Net Assets 2015: $486,7892015Assets 2016: $559,488Liabilities 2016: $0Net Assets 2016: $559,4882016Assets 2017: $739,351Liabilities 2017: $0Net Assets 2017: $739,3512017Assets 2018: $852,062Liabilities 2018: $562Net Assets 2018: $851,5002018Assets 2019: $987,009Liabilities 2019: $190Net Assets 2019: $986,8192019Assets 2020: $1,330,291Liabilities 2020: $97Net Assets 2020: $1,330,1942020Assets 2021: $1,481,429Liabilities 2021: $230Net Assets 2021: $1,481,1992021Assets 2022: $1,538,017Liabilities 2022: $79Net Assets 2022: $1,537,9382022Assets 2023: $1,583,809Liabilities 2023: $132Net Assets 2023: $1,583,6772023Assets 2024: $1,916,755Liabilities 2024: $98Net Assets 2024: $1,916,6572024

Highlighted filing

2017

Assets$739,351
Liabilities$0
Net Assets$739,351

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $67,8142011Revenue 2012: $91,863Expenses 2012: $115,236Net Income 2012: -$23,3732012Expenses 2013: $85,2662013Revenue 2014: $85,922Expenses 2014: $72,888Net Income 2014: $13,0342014Revenue 2015: $103,595Expenses 2015: $62,547Net Income 2015: $41,0482015Revenue 2016: $112,800Expenses 2016: $60,528Net Income 2016: $52,2722016Revenue 2017: $207,332Expenses 2017: $72,859Net Income 2017: $134,4732017Revenue 2018: $162,487Expenses 2018: $103,005Net Income 2018: $59,4822018Revenue 2019: $212,555Expenses 2019: $101,767Net Income 2019: $110,7882019Revenue 2020: $170,480Expenses 2020: $31,801Net Income 2020: $138,6792020Revenue 2021: $219,085Expenses 2021: $99,613Net Income 2021: $119,4722021Revenue 2022: $220,735Expenses 2022: $116,659Net Income 2022: $104,0762022Revenue 2023: $156,314Expenses 2023: $196,466Net Income 2023: -$40,1522023Revenue 2024: $449,541Expenses 2024: $227,809Net Income 2024: $221,7322024

Highlighted filing

2017

Revenue$207,332
Expenses$72,859
Net Income$134,473
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 17, 2018
Return Version
2016v3.1
Gross Receipts
$255,258
Mission and Program Overview

Mission

The mission of the education foundation for wisd is to enhance the quality of educational opportunities in the waxahachie independent school district.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$559,488$739,351▲ $179,863
Investments in Publicly Traded Securities$482,899$675,624▲ $192,725
Cash and Non-Interest-Bearing Accounts$48,028$49,426▲ $1,398
Savings and Temporary Cash Investments$28,561$14,301▼ $14,260
Total Assets$559,488$739,351▲ $179,863
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$559,488$739,351▲ $179,863
Total Liabilities and Net Assets / Fund Balance$559,488$739,351▲ $179,863

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$3,140$3,140
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$143,439
Program Service Revenue
$0
Investment Income
$23,552
Other Revenue
$40,341
All Other Contributions
$118,408
Change in Net Assets
$134,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$55,785
Other Expenses$13,069
Salaries, Compensation, and Employee Benefits$4,005
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$30,508--$30,508
Grants to Domestic Individuals$25,277--$25,277
Fees for Services Accounting-$5,035-$5,035
Other Salaries and Wages-$3,720-$3,720
Depreciation Depletion$1,600--$1,600
Fees for Services Other-$990-$990
Information Technology-$779-$779
Office Expenses-$557-$557
Payroll Taxes-$285-$285
Insurance-$237-$237
Other Expenses-$75-$75
All Other Expenses-$65-$65
Total Functional Expenses$57,385$15,474$0$72,859
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Waxahachie Independent School DistWaxahachie, TX501c3School Supplies$29,408
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$77,995
Fundraising Direct Expenses$36,576
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$46,179$46,179$14,627$31,552
Legacy Run$31,816$31,816$12,304$19,512
Total Events$103,026$77,995$36,576$41,419
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
Annual disclosure for covered persons
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board is given a copy of the return for their review.

Form 990, Page 6, Part VI, Line 12C

There are no voting rights if the director's spouse is a teacher. Services and items cannot be purchased from board members. These are monitored regularly.

Form 990, Page 6, Part VI, Line 19

UPON WRITTEN REQUEST.

Filing and Contact Details

Filer

Filer Name
Education Foundation for
EIN
75-2804872
Address
411 N GIBSON ST, WAXAHACHIE, TX 75165

Signing Officer

Name
Andrew Sambell
Title
President
Phone
9729382555
Signed
2018-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Sambell
Formed
1998
Legal Domicile
TX
Voting Board Members
22
Independent Board Members
22
Employees
1
Volunteers
21

Preparer

Firm
Grant & Weedon Cpas Pc
Address
617 FERRIS AVENUE, WAXAHACHIE, TX 75165-3000
Preparer
Martha K Weedon
Phone
9729231590
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Unrealized gains from fmv adj of securities 45,390

Raw XML AppendixShowing 400 of 533 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/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc1CREDIT CARD EXPENSE
IRS990/OtherExpensesGrp/Desc2REGISTRATION FEES
IRS990/OtherExpensesGrp/Desc3GRANT EXPENSES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11694
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2181
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt375
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt130
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt213
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IRS990/OtherRevenueTotalAmt0-1078
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03720
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/ReconcilationRevenueExpnssAmt0134473
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt094137
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011694
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt011031
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IRS990ScheduleA/InvestmentIncomeCYPct00.08000
IRS990ScheduleA/InvestmentIncomePYPct00.08000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92280
IRS990ScheduleA/PublicSupportPY509Pct00.91600
IRS990ScheduleA/PublicSupportTotal509Amt0780028
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0237576
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0138787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0134236
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0128057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0141372
IRS990ScheduleA/Total509Grp/TotalAmt0780028
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0252950
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0152101
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0148086
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0139751
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0152403
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0845291
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.45$0.23$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.58$0.00$1.58$0.16$0.20$0.04
2022Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$0.22$0.12$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.48$0.00$1.48$0.22$0.10$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.33$0.00$1.33$0.17$0.03$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.21$0.10$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.00$0.85$0.16$0.10$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.21$0.07$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.11$0.06$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.53$0.04$0.49$0.10$0.06$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.05$0.45$0.09$0.07$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.09
2012Summary only. Only limited summary data is available for this year.$0.38$0.00$0.38$0.09$0.12$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$0.07