Civic Intelligence

Ferris Christian Academy

990 • Fiscal year 2014 • EIN 75-2912896

Jan 01, 2014 to Dec 31, 2014 • Filed on May 06, 2015

P O Box 382Ferris, TX 75125

(972) 544-8388

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.27x

Higher debt load relative to assets than 73% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

78th percentile

0.30x

Higher debt load relative to revenue than 78% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

46th percentile

1.9%

Higher net margin than 46% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

64th percentile

$47,807

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

26th percentile

-4.2%

Faster asset growth than 26% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

37th percentile

-1.1%

Faster revenue growth than 37% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$627,724

Down $27,498 (-4.2%) from 2013

Net Assets

Up

$460,225

Up $10,325 (+2.3%) from 2013

Liabilities

Down

$167,499

Down $37,823 (-18%) from 2013

Revenue

Down

$556,246

Down $5,939 (-1.1%) from 2013

Expenses

Down

$545,921

Down $13,494 (-2.4%) from 2013

Net Income

Up

$10,325

Up $7,555 (+273%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $687,376Liabilities 2011: $297,712Net Assets 2011: $389,6642011Assets 2012: $693,663Liabilities 2012: $246,533Net Assets 2012: $447,1302012Assets 2013: $655,222Liabilities 2013: $205,322Net Assets 2013: $449,9002013Assets 2014: $627,724Liabilities 2014: $167,499Net Assets 2014: $460,2252014Assets 2015: $626,482Liabilities 2015: $138,122Net Assets 2015: $488,3602015Assets 2016: $697,126Liabilities 2016: $195,075Net Assets 2016: $502,0512016Assets 2017: $691,063Liabilities 2017: $159,354Net Assets 2017: $531,7092017Assets 2018: $644,678Liabilities 2018: $122,597Net Assets 2018: $522,0812018Assets 2019: $598,340Liabilities 2019: $96,971Net Assets 2019: $501,3692019Assets 2020: $552,674Liabilities 2020: $88,237Net Assets 2020: $464,4372020Assets 2021: $617,269Liabilities 2021: $30,832Net Assets 2021: $586,4372021Assets 2022: $713,732Liabilities 2022: $0Net Assets 2022: $713,7322022Assets 2023: $812,173Liabilities 2023: $0Net Assets 2023: $812,1732023Assets 2024: $628,494Liabilities 2024: $0Net Assets 2024: $628,4942024

Highlighted filing

2014

Assets$627,724
Liabilities$167,499
Net Assets$460,225

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $578,653Expenses 2011: $553,994Net Income 2011: $24,6592011Expenses 2012: $578,1602012Revenue 2013: $562,185Expenses 2013: $559,415Net Income 2013: $2,7702013Revenue 2014: $556,246Expenses 2014: $545,921Net Income 2014: $10,3252014Revenue 2015: $583,240Expenses 2015: $555,105Net Income 2015: $28,1352015Revenue 2016: $692,388Expenses 2016: $678,616Net Income 2016: $13,7722016Revenue 2017: $747,078Expenses 2017: $717,420Net Income 2017: $29,6582017Revenue 2018: $822,676Expenses 2018: $840,404Net Income 2018: -$17,7282018Revenue 2019: $804,722Expenses 2019: $842,390Net Income 2019: -$37,6682019Revenue 2020: $706,499Expenses 2020: $743,708Net Income 2020: -$37,2092020Revenue 2021: $784,717Expenses 2021: $835,346Net Income 2021: -$50,6292021Revenue 2022: $1,031,646Expenses 2022: $904,451Net Income 2022: $127,1952022Revenue 2023: $1,088,544Expenses 2023: $990,103Net Income 2023: $98,4412023Revenue 2024: $749,478Expenses 2024: $933,157Net Income 2024: -$183,6792024

Highlighted filing

2014

Revenue$556,246
Expenses$545,921
Net Income$10,325
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 6, 2015
Return Version
2014v5.0
Gross Receipts
$561,216
Mission and Program Overview

Mission

Provide child care & education in christian environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$545,683$526,162▼ $19,521
Rtn Earn Endowment Incm Other Fnds$449,900$460,225▲ $10,325
Savings and Temporary Cash Investments$77,295$81,261▲ $3,966
Cash and Non-Interest-Bearing Accounts$32,244$20,301▼ $11,943
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$655,222$627,724▼ $27,498
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$205,265$167,320▼ $37,945
Accounts Payable and Accrued Expenses$57$179▲ $122
Total Liabilities$205,322$167,499▼ $37,823
Net Assets / Fund Balance
Total Net Assets Fund Balance$449,900$460,225▲ $10,325
Total Liabilities and Net Assets / Fund Balance$655,222$627,724▼ $27,498

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$442,706$154,058$596,764
Land$60,152-$60,152
Other Land Buildings$20,615$34,105$54,720
Equipment$2,689$21,704$24,393
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Yolanda BuntTreasurer/AdminFT$47,807$47,807

Board Members and Trustees

NameTitle
Donna ShawPresident
Linda LampierVice President
David BullockDirector
Joe Bob GrayDirector
Linda BatchlerDirector
Mike BartisDirector
Paulette BullockSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$134,033
Program Service Revenue
$412,608
Investment Income
$3,966
Other Revenue
$5,639
All Other Contributions
$500
Change in Net Assets
$10,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$397,429
Other Expenses$147,162
Grants and Similar Amounts Paid$1,330
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$318,990--$318,990
Occupancy$53,081$3,787-$56,868
Current Officers, Directors, Trustees, and Key Employees-$47,807-$47,807
Payroll Taxes$26,086$3,538-$29,624
Depreciation Depletion$19,312$1,378-$20,690
All Other Expenses$10,392$3,343-$13,735
Other Expenses$4,208$2,857-$4,208
Insurance$1,816--$1,816
Grants to Domestic Orgs$1,330--$1,330
Other Employee Benefits$1,008--$1,008
Fees for Services Accounting-$950-$950
Total Functional Expenses$481,847$64,074$0$545,921
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,609
Fundraising Direct Expenses$4,970
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Paulette bullock and david bullock are mother/son respectively

Form 990, Part VI, Line 11B: Form 990 Review Process

Form 990 is prepared by an independent CPA firm from finanacial records maintained by the organization. There is no official review of the return by the officers.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents would be made available upon request.

Filing and Contact Details

Filer

Filer Name
Ferris Christian Academy
EIN
75-2912896
Phone
9725448388
Address
P O BOX 382, FERRIS, TX 75125

Signing Officer

Name
Yolanda Bunt
Title
Treasurer/Admin
Signed
2015-05-06
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
33

Preparer

Firm
Yeldell Wilson & Co PC
Address
P O Box 1087, Ennis, TX 75120-1087
Preparer
Glenda Valek CPA
Phone
9728782611
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DAY CARE FEES/TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0412608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0412608
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0152306
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0966
IRS990/PYInvestmentIncomeAmt02734
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0158390
IRS990/PYOtherRevenueAmt06394
IRS990/PYProgramServiceRevenueAmt0400751
IRS990/PYRevenuesLessExpensesAmt02770
IRS990/PYSalariesCompEmpBnftPaidAmt0400059
IRS990/PYTotalExpensesAmt0559415
IRS990/PYTotalRevenueAmt0562185
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt010325
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0412608
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0449900
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0460225
IRS990/SavingsAndTempCashInvstGrp/BOYAmt077295
IRS990/SavingsAndTempCashInvstGrp/EOYAmt081261
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0134033
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0152306
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0147490
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0110968
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0136523
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0681320
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03966
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02734
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01175
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01164
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01517
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010556
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0423217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0412636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0490776
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0464797
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0448539
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02239965
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03966
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02734
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01164
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01517
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010556
IRS990ScheduleA/InvestmentIncomeCYPct00.00360
IRS990ScheduleA/InvestmentIncomePYPct00.00250
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02804
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0452
IRS990ScheduleA/OtherIncome509Grp/TotalAmt04656
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99480
IRS990ScheduleA/PublicSupportPY509Pct00.99560
IRS990ScheduleA/PublicSupportTotal509Amt02921285
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0557250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0564942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0638266
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0575765
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0585062
IRS990ScheduleA/Total509Grp/TotalAmt02921285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0561216
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0567876
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0640641
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0579733
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0587031
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02936497
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/BuildingsGrp/BookValueAmt0442706
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0154058
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0596764
IRS990ScheduleD/EquipmentGrp/BookValueAmt02689
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021704
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt024393
IRS990ScheduleD/LandGrp/BookValueAmt060152
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060152
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020615
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt034105
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt054720
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0526162
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAULETTE BULLOCK AND DAVID BULLOCK ARE MOTHER/SON RESPECTIVELY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is prepared by an independent CPA firm from finanacial records maintained by the organization. There is no official review of the return by the officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Documents would be made available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0FBC MBRS ON FCA BOARD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FIRST BAPTIST CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0751912898

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.00$0.63$0.75$0.93$0.18
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$1.09$0.99$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.03$0.90$0.13
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.03$0.59$0.78$0.84$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.55$0.09$0.46$0.71$0.74$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.60$0.10$0.50$0.80$0.84$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.12$0.52$0.82$0.84$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.69$0.16$0.53$0.75$0.72$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.70$0.20$0.50$0.69$0.68$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.63$0.14$0.49$0.58$0.56$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.63$0.17$0.46$0.56$0.55$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.66$0.21$0.45$0.56$0.56$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$0.25$0.45$0.58
2011Summary only. Only limited summary data is available for this year.$0.69$0.30$0.39$0.58$0.55$0.02