Civic Intelligence

Ferris Christian Academy

990 • Fiscal year 2016 • EIN 75-2912896

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

PO Box 382Ferris, TX 75125

(972) 842-3374

Siviq Scores

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

Liabilities / Assets

75th percentile

0.28x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.28x

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

47th percentile

2.0%

Higher net margin than 47% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

71st percentile

11%

Faster asset growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

73rd percentile

19%

Faster revenue growth than 73% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$697,126

Up $70,644 (+11%) from 2015

Net Assets

Up

$502,051

Up $13,691 (+2.8%) from 2015

Liabilities

Up

$195,075

Up $56,953 (+41%) from 2015

Revenue

Up

$692,388

Up $109,148 (+19%) from 2015

Expenses

Up

$678,616

Up $123,511 (+22%) from 2015

Net Income

Down

$13,772

Down $14,363 (-51%) from 2015

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

2016

Assets$697,126
Liabilities$195,075
Net Assets$502,051

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

2016

Revenue$692,388
Expenses$678,616
Net Income$13,772
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$692,665
Mission and Program Overview

Mission

Provide child care & education in christian environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$511,324$584,769▲ $73,445
Rtn Earn Endowment Incm Other Fnds$488,360$502,051▲ $13,691
Savings and Temporary Cash Investments$78,490$81,125▲ $2,635
Cash and Non-Interest-Bearing Accounts$36,668$31,232▼ $5,436
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$626,482$697,126▲ $70,644
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$137,850$195,073▲ $57,223
Accounts Payable and Accrued Expenses$272--
Other Liabilities-$2-
Total Liabilities$138,122$195,075▲ $56,953
Net Assets / Fund Balance
Total Net Assets Fund Balance$488,360$502,051▲ $13,691
Total Liabilities and Net Assets / Fund Balance$626,482$697,126▲ $70,644

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$412,976$183,788$596,764
Equipment$93,159$27,580$120,739
Other Land Buildings$18,482$42,263$60,745
Land$60,152-$60,152
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donna ShawPresident
Linda LampierVice President
CHARLES O'NEALDirector
David BullockDirector
Joe Bob GrayDirector
Linda BatchlerDirector
Mike BartisDirector
Paulette BullockSecretary
Gayle GrayTreasurer/Admin
Revenue and Support

Revenue Composition

Contributions and Grants
$152,712
Program Service Revenue
$535,515
Investment Income
$2,635
Other Revenue
$1,526
All Other Contributions
$5,250
Change in Net Assets
$13,772
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$451,317
Other Expenses$208,379
Grants and Similar Amounts Paid$18,920
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$387,974$23,793-$411,767
Occupancy$74,868$5,342-$80,210
Payroll Taxes$33,061$1,963-$35,024
Depreciation Depletion$22,529$1,607-$24,136
All Other Expenses$15,564$3,166-$18,730
Grants to Domestic Orgs$18,670--$18,670
Insurance$6,688--$6,688
Other Expenses$213$4,678-$4,891
Other Employee Benefits$1,184$3,342-$4,526
Advertising-$4,163-$4,163
Interest$1,827$27-$1,854
Fees for Services Accounting-$1,200-$1,200
Grants to Domestic Individuals$250--$250
Total Functional Expenses$623,806$54,810$0$678,616
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First Baptist ChurchFerris, TX--$18,670
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,729
Fundraising Direct Expenses$277
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$2
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. Joe bob gray and gayle gray are husband and wife.

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
9728423374
Address
PO BOX 382, FERRIS, TX 75125

Signing Officer

Name
Gayle Gray
Title
Treasurer
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donna Shaw
Formed
2000
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
53

Preparer

Firm
Yeldell Wilson Wood & Reeve PC
Address
P O Box 1087, Ennis, TX 75120-1087
Preparer
Glenda Valek CPA
Phone
9728782611
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IRS990/OtherExpensesGrp/TotalAmt053813
IRS990/OtherExpensesGrp/TotalAmt17165
IRS990/OtherExpensesGrp/TotalAmt25529
IRS990/OtherExpensesGrp/TotalAmt34891
IRS990/OtherLiabilitiesGrp/EOYAmt02
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt074
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt074
IRS990/OtherRevenueTotalAmt074
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt023793
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0387974
IRS990/OtherSalariesAndWagesGrp/TotalAmt0411767
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01963
IRS990/PayrollTaxesGrp/ProgramServicesAmt033061
IRS990/PayrollTaxesGrp/TotalAmt035024
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DONNA SHAW
IRS990/PriorPeriodAdjustmentsAmt0-81
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DAY CARE FEES/TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0535515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0535515
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0125218
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0676
IRS990/PYInvestmentIncomeAmt02866
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0160681
IRS990/PYOtherRevenueAmt06579
IRS990/PYProgramServiceRevenueAmt0448577
IRS990/PYRevenuesLessExpensesAmt028135
IRS990/PYSalariesCompEmpBnftPaidAmt0393748
IRS990/PYTotalExpensesAmt0555105
IRS990/PYTotalRevenueAmt0583240
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt013772
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0535515
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0488360
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0502051
IRS990/SavingsAndTempCashInvstGrp/BOYAmt078490
IRS990/SavingsAndTempCashInvstGrp/EOYAmt081125
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0152712
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0125218
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0134033
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0152306
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0147490
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0711759
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02635
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02866
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03966
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02734
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01175
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013376
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0537041
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0460360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0423217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0412636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0490776
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02324030
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02635
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02866
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03966
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02734
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01175
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013376
IRS990ScheduleA/InvestmentIncomeCYPct00.00440
IRS990ScheduleA/InvestmentIncomePYPct00.00410
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt074
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01200
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01474
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99510
IRS990ScheduleA/PublicSupportPY509Pct00.99450
IRS990ScheduleA/PublicSupportTotal509Amt03035789
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0689753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0585578
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0557250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0564942
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0638266
IRS990ScheduleA/Total509Grp/TotalAmt03035789
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0692462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0588444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0561216
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0567876
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0640641
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03050639
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/BookValueAmt0412976
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0183788
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0596764
IRS990ScheduleD/EquipmentGrp/BookValueAmt093159
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027580
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120739
IRS990ScheduleD/LandGrp/BookValueAmt060152
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060152
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018482
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt042263
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt060745
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding

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