Civic Intelligence

Frances E Maddox Foundation

990 • Fiscal year 2016 • EIN 75-2859064

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 08, 2017

320 S Polk St Suite 1000Amarillo, TX 79101

(806) 324-0324

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

4th percentile

0.00x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

12th percentile

$7,017

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

1st percentile

-61%

Faster asset growth than 1% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Assets

Down

$5,385,560

Down $8,439,290 (-61%) from 2015

Net Assets

Up

$5,385,560

Up $5,775,420 (+1481%) from 2015

Liabilities

Down

$0

Down $14,214,710 (-100%) from 2015

Revenue

Up

$6,369,449

Up $7,660,422 (+593%) from 2015

Expenses

Up

$594,029

Up $467,100 (+368%) from 2015

Net Income

Up

$5,775,420

Up $7,193,322 (+507%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2010: $13,140,792Liabilities 2010: $12,805,790Net Assets 2010: $335,0022010Assets 2011: $13,812,880Liabilities 2011: $13,230,824Net Assets 2011: $582,0562011Assets 2012: $13,821,251Liabilities 2012: $13,083,420Net Assets 2012: $737,8312012Assets 2013: $13,735,060Liabilities 2013: $12,738,739Net Assets 2013: $996,3212013Assets 2014: $13,748,347Liabilities 2014: $12,720,305Net Assets 2014: $1,028,0422014Assets 2015: $13,824,850Liabilities 2015: $14,214,710Net Assets 2015: -$389,8602015Assets 2016: $5,385,560Liabilities 2016: $0Net Assets 2016: $5,385,5602016Assets 2017: $5,518,518Liabilities 2017: $0Net Assets 2017: $5,518,5182017Assets 2018: $5,509,388Liabilities 2018: $0Net Assets 2018: $5,509,3882018Assets 2019: $5,583,305Liabilities 2019: $0Net Assets 2019: $5,583,3052019Assets 2020: $5,521,574Liabilities 2020: $0Net Assets 2020: $5,521,5742020Assets 2021: $5,776,130Liabilities 2021: $0Net Assets 2021: $5,776,1302021Assets 2022: $5,379,768Liabilities 2022: $0Net Assets 2022: $5,379,7682022Assets 2023: $5,313,824Liabilities 2023: $0Net Assets 2023: $5,313,8242023Assets 2024: $5,228,262Liabilities 2024: $3,474Net Assets 2024: $5,224,7882024

Highlighted filing

2016

Assets$5,385,560
Liabilities$0
Net Assets$5,385,560

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $71,4702010Expenses 2011: $76,8222011Expenses 2012: $112,2062012Revenue 2013: $354,150Expenses 2013: $95,660Net Income 2013: $258,4902013Revenue 2014: $128,807Expenses 2014: $97,086Net Income 2014: $31,7212014Revenue 2015: -$1,290,973Expenses 2015: $126,929Net Income 2015: -$1,417,9022015Revenue 2016: $6,369,449Expenses 2016: $594,029Net Income 2016: $5,775,4202016Revenue 2017: $272,249Expenses 2017: $139,291Net Income 2017: $132,9582017Revenue 2018: $268,190Expenses 2018: $277,320Net Income 2018: -$9,1302018Revenue 2019: $431,978Expenses 2019: $358,061Net Income 2019: $73,9172019Revenue 2020: $305,159Expenses 2020: $366,890Net Income 2020: -$61,7312020Revenue 2021: $625,945Expenses 2021: $371,389Net Income 2021: $254,5562021Revenue 2022: $6,976Expenses 2022: $403,338Net Income 2022: -$396,3622022Revenue 2023: $276,675Expenses 2023: $342,619Net Income 2023: -$65,9442023Revenue 2024: $253,773Expenses 2024: $342,809Net Income 2024: -$89,0362024

Highlighted filing

2016

Revenue$6,369,449
Expenses$594,029
Net Income$5,775,420
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 8, 2017
Return Version
2016v3.0
Gross Receipts
$19,278,148
Mission and Program Overview

Mission

Organized exclusively for charitable, religious and educational purposes, including facilitation of low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$10,845,876--
Investments in Publicly Traded Securities$1,786,449$4,673,761▲ $2,887,312
Cash and Non-Interest-Bearing Accounts$851,539$711,799▼ $139,740
Savings and Temporary Cash Investments$49,193--
Prepaid Expenses and Deferred Charges$45,171--
Accounts Receivable$5,033--
Total Assets$13,824,850$5,385,560▼ $8,439,290
Other Assets Total$241,589--
Liabilities
Mortgage Notes Payable Secured by Investment Property$10,132,994--
Other Liabilities$4,046,061--
Accounts Payable and Accrued Expenses$28,269--
Deferred Revenue$7,386--
Total Liabilities$14,214,710$0▼ $14,214,710
Net Assets / Fund Balance
Unrestricted Net Assets$-389,860$5,385,560▲ $5,775,420
Total Net Assets Fund Balance$-389,860$5,385,560▲ $5,775,420
Total Liabilities and Net Assets / Fund Balance$13,824,850$5,385,560▼ $8,439,290
Compensation and Service Providers

Employees

NameTitleBaseTotal
Tamme AureliPresident$7,017$7,017

Board Members and Trustees

NameTitle
Candy WilburDirector
Everett RobertsDirector
Janie WilliamsDirector
Nicholas RobyDirector
Linda CunyusSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$9,989
Investment Income
$6,359,460
Other Revenue
$0
Change in Net Assets
$5,775,420
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$506,327
Grants and Similar Amounts Paid$79,900
Salaries, Compensation, and Employee Benefits$7,802
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$79,900--$79,900
Fees for Service Investment Mgmnt Fees-$37,863-$37,863
Current Officers, Directors, Trustees, and Key Employees-$7,017-$7,017
Fees for Services Accounting-$1,490-$1,490
Payroll Taxes-$785-$785
Fees for Services Legal-$761-$761
Other Expenses$531--$531
Total Functional Expenses$546,113$47,916$0$594,029
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
EVELINE'S SUNSHINE COTTAGEAmarillo, TX501c3Support$15,000
Novo MinistriesOklahoma City, OK501c3Support$15,000
DOWNTOWN WOMEN'S CENTERAmarillo, TX501c3Support$9,300
High Plains Food BankAmarillo, TX501c3Support$9,300
MARTHA'S HOME INCAmarillo, TX501c3Support$9,300
Sharing Hope MinistryAmarillo, TX501c3Support$7,500
Central Oklahoma Habitat forOklahoma City, OK501c3Support$7,250
Habitat for Humanity AmarilloAmarillo, TX501c3Support$7,250
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 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

The 990 was reviewed by the president of the foundation, the secretary of the board of directors, and the foundation's lawyer.

Form 990, Page 6, Part VI, Line 19

All governing documents and financial statements are made available to the public upon request in our office.

Filing and Contact Details

Filer

Filer Name
Frances E Maddox Foundation
EIN
75-2859064
Phone
8063240324
Address
320 S POLK ST SUITE 1000, AMARILLO, TX 79101

Signing Officer

Name
Tamme Aureli
Title
President
Phone
8063727500
Signed
2017-11-08

Organization Details

Principal Officer
Tamme Aureli
Formed
2005
Legal Domicile
Ok
Voting Board Members
6
Independent Board Members
5
Employees
1

Preparer

Firm
Johnson & Sheldon Pllc
Address
PO BOX 509, AMARILLO, TX 79105-0509
Preparer
Terry a Sheldon CPA
Phone
8063717661
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4MARTHA'S HOME INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5NOVO MINISTRIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6SHARING HOPE MINISTRY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HIGH PLAINS FOOD BANK
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0HUMANITY
IRS990ScheduleI/RecipientTable/RecipientEIN0731305668
IRS990ScheduleI/RecipientTable/RecipientEIN1200296282
IRS990ScheduleI/RecipientTable/RecipientEIN2753007093
IRS990ScheduleI/RecipientTable/RecipientEIN3751820887
IRS990ScheduleI/RecipientTable/RecipientEIN4752232697
IRS990ScheduleI/RecipientTable/RecipientEIN5870745940
IRS990ScheduleI/RecipientTable/RecipientEIN6912157950
IRS990ScheduleI/RecipientTable/RecipientEIN7751838348
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt05005 I 35 SERVICE ROAD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1409 SOUTH MONROE STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2PO BOX 50974
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt32700 NORTH WILSON
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41204 SW 18TH AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5PO BOX 672
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6PO BOX 7160
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7PO BOX 31803
IRS990ScheduleI/RecipientTable/USAddress/CityNm0OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm1AMARILLO
IRS990ScheduleI/RecipientTable/USAddress/CityNm2AMARILLO
IRS990ScheduleI/RecipientTable/USAddress/CityNm3AMARILLO
IRS990ScheduleI/RecipientTable/USAddress/CityNm4AMARILLO
IRS990ScheduleI/RecipientTable/USAddress/CityNm5OKLAHOMA CITY
IRS990ScheduleI/RecipientTable/USAddress/CityNm6AMARILLO
IRS990ScheduleI/RecipientTable/USAddress/CityNm7AMARILLO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5OK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd6TX
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd7TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd073129
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd179101
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd279159
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd379103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd479102
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd573101
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd679114
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd779120
IRS990ScheduleI/Total501c3OrgCnt08
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleN/DirectorOfSuccessor2Ind0false
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0VALLEY OAKS APARTMENTS
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0VALLEY OAKS APARTMENTS LLC
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02016-01-29
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0200467785
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt017500000
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0TEXAS LLC
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0SALES
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt02600 S DOUGLAS ROAD SUITE 1101
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0CORAL GABLES
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0FL
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd033134
IRS990ScheduleN/EmployeeOfSuccessor2Ind0false
IRS990ScheduleN/OwnerOfSuccessor2Ind0false
IRS990ScheduleN/ReceiveCompensation2Ind0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS OF THE FOUNDATION APPROVED A RESOLUTION AS AMENDED, IN DECEMBER 2015, TO APPROVE A PURCHASE AND SALE AGREEMENT TO SELL THE APARTMENT COMPLEX. THE APARTMENT COMPLEX WAS SOLD ON JANUARY 29, 2016, FOR 17,500,000. THE PROCEEDS FROM THE SALE WERE SUFFICIENT TO SATISFY OUTSTANDING NOTES PAYABLE, INTEREST AND ACCOUNTS PAYABLE OBLIGATIONS.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE N
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 WAS REVIEWED BY THE PRESIDENT OF THE FOUNDATION, THE SECRETARY OF THE BOARD OF DIRECTORS, AND THE FOUNDATION'S LAWYER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST IN OUR OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CD VALLEY OAK LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0200467785
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0320 S POLK SUITE 1000
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0AMARILLO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd079101
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013824850
IRS990/TotalAssetsEOYAmt05385560
IRS990/TotalAssetsGrp/BOYAmt013824850
IRS990/TotalAssetsGrp/EOYAmt05385560
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt047916
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0546113
IRS990/TotalFunctionalExpensesGrp/TotalAmt0594029
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014214710
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt014214710
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-389860
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05385560
IRS990/TotalProgramServiceExpensesAmt0546113
IRS990/TotalProgramServiceRevenueAmt09989
IRS990/TotalReportableCompFromOrgAmt07017
IRS990/TotalRevenueGrp/ExclusionAmt06359460
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt09989
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt06369449
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013824850
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05385560
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-389860
IRS990/UnrestrictedNetAssetsGrp/EOYAmt05385560
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0320 S POLK STE 1000
IRS990/USAddress/CityNm0AMARILLO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd079101
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TAMME AURELI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08063727500
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRANCES E MADDOX FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
ReturnHeader/Filer/EIN0752859064

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.23$0.00$5.22$0.25$0.34$0.09
2023Detailed filing. Detailed filing data is available for this year.$5.31$0.00$5.31$0.28$0.34$0.07
2022Detailed filing. Detailed filing data is available for this year.$5.38$0.00$5.38$0.01$0.40$0.40
2021Detailed filing. Detailed filing data is available for this year.$5.78$0.00$5.78$0.63$0.37$0.25
2020Detailed filing. Detailed filing data is available for this year.$5.52$0.00$5.52$0.31$0.37$0.06
2019Detailed filing. Detailed filing data is available for this year.$5.58$0.00$5.58$0.43$0.36$0.07
2018Detailed filing. Detailed filing data is available for this year.$5.51$0.00$5.51$0.27$0.28$0.01
2017Detailed filing. Detailed filing data is available for this year.$5.52$0.00$5.52$0.27$0.14$0.13
2016Detailed filing. Detailed filing data is available for this year.$5.39$0.00$5.39$6.37$0.59$5.78
2015Detailed filing. Detailed filing data is available for this year.$13.8$14.2$0.39$1.29$0.13$1.42
2014Detailed filing. Detailed filing data is available for this year.$13.7$12.7$1.03$0.13$0.10$0.03
2013Detailed filing. Detailed filing data is available for this year.$13.7$12.7$1.00$0.35$0.10$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$13.1$0.74$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.8$13.2$0.58$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$12.8$0.34$0.07