Civic Intelligence

Ector County Isd Education Foundation Inc.

990 • Fiscal year 2022 • EIN 75-2862209

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 09, 2023

610 W 10th StOdessa, TX 79760-0951

(432) 456-7059

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

100th percentile

4110%

Higher net margin than 100% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

12th percentile

-15%

Faster asset growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

Score unavailable

No value available

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

Annualized from 2021 to 2022

Assets

Down

$5,857,297

Down $1,003,152 (-15%) from 2021

Net Assets

Down

$5,846,797

Down $1,002,771 (-15%) from 2021

Liabilities

Down

$10,500

Down $381 (-3.5%) from 2021

Revenue

Down

-$24,400

Down $2,018,266 (-101%) from 2021

Expenses

Down

$978,370

Down $639,295 (-40%) from 2021

Net Income

Down

-$1,002,770

Down $1,378,971 (-367%) from 2021

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $2,171,140Liabilities 2010: $3,750Net Assets 2010: $2,167,3902010Assets 2011: $2,290,213Liabilities 2011: $3,750Net Assets 2011: $2,286,4632011Assets 2012: $2,564,280Liabilities 2012: $3,750Net Assets 2012: $2,560,5302012Assets 2013: $2,886,637Liabilities 2013: $4,175Net Assets 2013: $2,882,4622013Assets 2014: $2,877,038Liabilities 2014: $4,175Net Assets 2014: $2,872,8632014Assets 2015: $2,787,189Liabilities 2015: $4,175Net Assets 2015: $2,783,0142015Assets 2016: $2,814,938Liabilities 2016: $98,238Net Assets 2016: $2,716,7002016Assets 2017: $2,882,460Liabilities 2017: $79,423Net Assets 2017: $2,803,0372017Assets 2018: $2,501,730Liabilities 2018: $78,558Net Assets 2018: $2,423,1722018Assets 2019: $3,384,748Liabilities 2019: $170,241Net Assets 2019: $3,214,5072019Assets 2020: $6,668,761Liabilities 2020: $195,394Net Assets 2020: $6,473,3672020Assets 2021: $6,860,449Liabilities 2021: $10,881Net Assets 2021: $6,849,5682021Assets 2022: $5,857,297Liabilities 2022: $10,500Net Assets 2022: $5,846,7972022Assets 2023: $7,399,760Liabilities 2023: $0Net Assets 2023: $7,399,7602023Assets 2024: $7,840,086Liabilities 2024: $0Net Assets 2024: $7,840,0862024

Highlighted filing

2022

Assets$5,857,297
Liabilities$10,500
Net Assets$5,846,797

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $260,1682010Expenses 2011: $355,7342011Expenses 2012: $547,4652012Revenue 2013: $806,973Expenses 2013: $485,041Net Income 2013: $321,9322013Revenue 2014: $437,192Expenses 2014: $446,791Net Income 2014: -$9,5992014Revenue 2015: $359,846Expenses 2015: $449,695Net Income 2015: -$89,8492015Revenue 2016: $428,417Expenses 2016: $494,729Net Income 2016: -$66,3122016Revenue 2017: $688,977Expenses 2017: $602,639Net Income 2017: $86,3382017Revenue 2018: $95,729Expenses 2018: $475,594Net Income 2018: -$379,8652018Revenue 2019: $1,352,004Expenses 2019: $560,669Net Income 2019: $791,3352019Revenue 2020: $4,238,508Expenses 2020: $979,648Net Income 2020: $3,258,8602020Revenue 2021: $1,993,866Expenses 2021: $1,617,665Net Income 2021: $376,2012021Revenue 2022: -$24,400Expenses 2022: $978,370Net Income 2022: -$1,002,7702022Revenue 2023: $2,130,511Expenses 2023: $577,548Net Income 2023: $1,552,9632023Revenue 2024: $1,474,716Expenses 2024: $1,034,390Net Income 2024: $440,3262024

Highlighted filing

2022

Revenue-$24,400
Expenses$978,370
Net Income-$1,002,770
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 9, 2023
Return Version
2022v5.0
Gross Receipts
$240,953
Mission and Program Overview

Mission

Provide grant funding for ecisd students & teachers

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$6,469,223$5,323,000▼ $1,146,223
Savings and Temporary Cash Investments$376,770$530,918▲ $154,148
Accounts Receivable$14,456$3,379▼ $11,077
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$6,860,449$5,857,297▼ $1,003,152
Liabilities
Grants Payable$10,881$10,500▼ $381
Accounts Payable and Accrued Expenses$0$0→ $0
Deferred Revenue$0$0→ $0
Total Liabilities$10,881$10,500▼ $381
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,744,813$5,742,042▼ $1,002,771
Net Assets With Donor Restrictions$104,755$104,755→ $0
Total Net Assets Fund Balance$6,849,568$5,846,797▼ $1,002,771
Total Liabilities and Net Assets / Fund Balance$6,860,449$5,857,297▼ $1,003,152

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$5,323,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Louis GonzalesImmed Past President
Jay ArrickPresident
Lisa WymanPresident Elect
Celeste PotterDirector
Chris StanleyMember
Jeff WaughMember
Lorraine PerrymanMember
Manisha DesaiMember
Pat CantyMember
Paul BaxterMember
Sara MooreMember
Sirisha NeerukondaMember
Tammy HawkinsMember
Tina GarzaMember
Kayley HowardMember at Large
Mariann BagleyMember at Large
Dr Scott MuriSuperintendent
Chris ColeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$798,197
Program Service Revenue
$39,230
Investment Income
$-1,005,539
Other Revenue
$143,712
All Other Contributions
$798,197
Change in Net Assets
$-1,002,770

Audited Revenue Reconciliation

Revenue per Audited Statements
$-24,400
Revenue Not Reported on Form 990
$265,353
Total Revenue per Audited Statements
$240,953
Total Revenue per Form 990
$-24,400
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$736,461
Other Expenses$241,909
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$736,461--$736,461
Office Expenses$0$20,651$0$20,651
Fees for Services Accounting$0$4,500$0$4,500
Insurance$0$4,328$0$4,328
Conferences and Meetings$0$2,000$0$2,000
Advertising$0$1,786$0$1,786
Other Expenses$1,300$0$0$1,300
Information Technology$0$399$0$399
Total Functional Expenses$944,706$33,664$0$978,370

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,243,725
Expenses per Audited Statements$978,370
Total Expenses per Form 990$978,370
Expenses Not Reported on Form 990$265,355
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ector County IsdOdessa, TX-Sch I-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$408,924
Fundraising Direct Expenses$265,353
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Ector County Isd Education Foundation
EIN
75-2862209
Phone
4324567059
Address
610 W 10TH ST, ODESSA, TX 79760-0951

Signing Officer

Name
John Arrick
Title
President
Phone
4324567059
Signed
2023-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Arrick
Formed
2000
Legal Domicile
TX
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
38

Preparer

Firm
Ron Kirby CPA
Address
2626 JBS PKWY STE B 200, ODESSA, TX 79761
Preparer
Ron Kirby
Phone
4325502708
Supplemental Narrative

Additional Explanations

Pt VI, Line 19

Documents are made available upon request at our office.

Pt VI, Line 11B

A copy of the form 990 was made available at the monthly meeting after it was filed.

Pt VI, Line 12C

Members are required to sign a conflict of interest statement each year.

Financial Statement Notes

Pt XI, Line 2D

FUNDRAISING EXPENSE

Pt XII, Line 2D

FUNDRAISING EXPENSE

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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt06469223
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt05323000
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/JointCostsInd0X
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE GRANT FUNDING FOR ECISD STUDENTS & TEACHERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt06849568
IRS990/NetAssetsOrFundBalancesEOYAmt05846797
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0143571
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0143571
IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06744813
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05742042
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020651
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt020651
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0SALLY POWELL SCHOLARSHIP
IRS990/OtherExpensesGrp/Desc1REVIEWER EXPENSE
IRS990/OtherExpensesGrp/Desc2BATTLE OF THE BLUEBONNETS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt1206945
IRS990/OtherExpensesGrp/ProgramServicesAmt21300
IRS990/OtherExpensesGrp/TotalAmt00
IRS990/OtherExpensesGrp/TotalAmt1206945
IRS990/OtherExpensesGrp/TotalAmt21300
IRS990/OtherRevenueMiscGrp/BusinessCd0611110
IRS990/OtherRevenueMiscGrp/Desc0AMAZON.COM
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0141
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0141
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0141
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0JOHN ARRICK
IRS990/PriorPeriodAdjustmentsAmt0-1
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611110
IRS990/ProgramServiceRevenueGrp/BusinessCd1611110
IRS990/ProgramServiceRevenueGrp/Desc0BOOKWORMS & BRAINBOOSTERS
IRS990/ProgramServiceRevenueGrp/Desc1BOOKWORM VENDING MACHINE
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt023230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt116000
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01237268
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01297166
IRS990/PYInvestmentIncomeAmt0615314
IRS990/PYOtherExpensesAmt0320499
IRS990/PYOtherRevenueAmt023410
IRS990/PYProgramServiceRevenueAmt0117874
IRS990/PYRevenuesLessExpensesAmt0376201
IRS990/PYTotalExpensesAmt01617665
IRS990/PYTotalRevenueAmt01993866
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1002770
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0-24400
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0376770
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0530918
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0798197
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01237268
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03129176
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0201090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058471
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05424202
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0615314
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01674
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02782
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01003
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0620773
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05775
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0530373
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0573412
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01109560
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0615314
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01674
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02782
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01003
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0620773
IRS990ScheduleA/InvestmentIncomeCYPct00.08680
IRS990ScheduleA/InvestmentIncomePYPct00.08650
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.91320
IRS990ScheduleA/PublicSupportPY509Pct00.91350
IRS990ScheduleA/PublicSupportTotal509Amt06533762
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0798197
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01237268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03134951
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0731463
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0631883
IRS990ScheduleA/Total509Grp/TotalAmt06533762
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07154535
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt0265355
IRS990ScheduleD/ExpensesSubtotalAmt0978370

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.84$0.00$7.84$1.47$1.03$0.44
2023Detailed filing. Detailed filing data is available for this year.$7.40$0.00$7.40$2.13$0.58$1.55
2022Detailed filing. Detailed filing data is available for this year.$5.86$0.01$5.85$0.02$0.98$1.00
2021Detailed filing. Detailed filing data is available for this year.$6.86$0.01$6.85$1.99$1.62$0.38
2020Detailed filing. Detailed filing data is available for this year.$6.67$0.20$6.47$4.24$0.98$3.26
2019Detailed filing. Detailed filing data is available for this year.$3.38$0.17$3.21$1.35$0.56$0.79
2018Detailed filing. Detailed filing data is available for this year.$2.50$0.08$2.42$0.10$0.48$0.38
2017Detailed filing. Detailed filing data is available for this year.$2.88$0.08$2.80$0.69$0.60$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.81$0.10$2.72$0.43$0.49$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.79$0.00$2.78$0.36$0.45$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.88$0.00$2.87$0.44$0.45$0.01
2013Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.88$0.81$0.49$0.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.56$0.00$2.56$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$0.00$2.17$0.26