Civic Intelligence

Ferris Christian Academy

990 • Fiscal year 2017 • EIN 75-2912896

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 05, 2018

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

74th percentile

0.23x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

76th percentile

0.21x

Higher debt load relative to revenue than 76% of similar nonprofits.

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

Net Margin

51st percentile

4.0%

Higher net margin than 51% of similar nonprofits.

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

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.

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

Asset Growth

36th percentile

-0.9%

Faster asset growth than 36% of similar nonprofits.

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

Revenue Growth

56th percentile

7.9%

Faster revenue growth than 56% of similar nonprofits.

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

Assets

Down

$691,063

Down $6,063 (-0.9%) from 2016

Net Assets

Up

$531,709

Up $29,658 (+5.9%) from 2016

Liabilities

Down

$159,354

Down $35,721 (-18%) from 2016

Revenue

Up

$747,078

Up $54,690 (+7.9%) from 2016

Expenses

Up

$717,420

Up $38,804 (+5.7%) from 2016

Net Income

Up

$29,658

Up $15,886 (+115%) from 2016

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

2017

Assets$691,063
Liabilities$159,354
Net Assets$531,709

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

2017

Revenue$747,078
Expenses$717,420
Net Income$29,658
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 5, 2018
Return Version
2017v2.2
Gross Receipts
$749,054
Mission and Program Overview

Mission

Provide child care & education in christian environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$584,769$557,277▼ $27,492
Rtn Earn Endowment Incm Other Fnds$502,051$531,709▲ $29,658
Savings and Temporary Cash Investments$81,125$83,951▲ $2,826
Cash and Non-Interest-Bearing Accounts$31,232$49,835▲ $18,603
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$697,126$691,063▼ $6,063
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$195,073$159,354▼ $35,719
Other Liabilities$2--
Total Liabilities$195,075$159,354▼ $35,721
Net Assets / Fund Balance
Total Net Assets Fund Balance$502,051$531,709▲ $29,658
Total Liabilities and Net Assets / Fund Balance$697,126$691,063▼ $6,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$398,111$198,653$596,764
Equipment$84,510$41,823$126,333
Other Land Buildings$14,504$46,241$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
$182,178
Program Service Revenue
$562,886
Investment Income
$2,826
Other Revenue
$-812
All Other Contributions
$5,250
Change in Net Assets
$29,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$480,542
Other Expenses$215,828
Grants and Similar Amounts Paid$21,050
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$420,029$27,120-$447,149
Occupancy-$66,017-$66,017
Depreciation Depletion$30,882$2,204-$33,086
Payroll Taxes$30,004$2,189-$32,193
Grants to Domestic Orgs$21,050--$21,050
All Other Expenses$6,941$13,428-$20,369
Office Expenses-$5,400-$5,400
Interest$3,716$1,216-$4,932
Other Expenses$3,887$5,632-$3,887
Advertising-$2,756-$2,756
Insurance$2,460--$2,460
Fees for Services Accounting-$1,950-$1,950
Other Employee Benefits-$1,200-$1,200
Travel-$15-$15
Total Functional Expenses$588,293$129,127$0$717,420
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First Baptist ChurchFerris, TX--$21,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,976
Fundraising Gross Income$848
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
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, 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
2018-06-05
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
54

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/OtherLiabilitiesGrp/BOYAmt02
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0316
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0316
IRS990/OtherRevenueTotalAmt0316
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt027120
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0420029
IRS990/OtherSalariesAndWagesGrp/TotalAmt0447149
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02189
IRS990/PayrollTaxesGrp/ProgramServicesAmt030004
IRS990/PayrollTaxesGrp/TotalAmt032193
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0DONNA SHAW
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0DAY CARE FEES/TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0562886
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0562886
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0152712
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt018920
IRS990/PYInvestmentIncomeAmt02635
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0208379
IRS990/PYOtherRevenueAmt01526
IRS990/PYProgramServiceRevenueAmt0535515
IRS990/PYRevenuesLessExpensesAmt013772
IRS990/PYSalariesCompEmpBnftPaidAmt0451317
IRS990/PYTotalExpensesAmt0678616
IRS990/PYTotalRevenueAmt0692388
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt029658
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0566015
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0502051
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0531709
IRS990/SavingsAndTempCashInvstGrp/BOYAmt081125
IRS990/SavingsAndTempCashInvstGrp/EOYAmt083951
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0182178
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0152712
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0125218
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0134033
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0152306
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0746447
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02826
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02635
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02866
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03966
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02734
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt015027
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0562074
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0537041
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0460360
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0423217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0412636
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02395328
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02826
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02635
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02866
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03966
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02734
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt015027
IRS990ScheduleA/InvestmentIncomeCYPct00.00480
IRS990ScheduleA/InvestmentIncomePYPct00.00440
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0316
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt074
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0200
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0590
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99510
IRS990ScheduleA/PublicSupportPY509Pct00.99510
IRS990ScheduleA/PublicSupportTotal509Amt03141775
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0744252
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0689753
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0585578
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0557250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0564942
IRS990ScheduleA/Total509Grp/TotalAmt03141775
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0747394
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0692462
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0588444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0561216
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0567876
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03157392
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0398111
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0198653
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0596764
IRS990ScheduleD/EquipmentGrp/BookValueAmt084510
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041823
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0126333
IRS990ScheduleD/LandGrp/BookValueAmt060152
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060152
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014504
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt046241
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt060745
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0557277
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt021000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FIRST BAPTIST CHURCH
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0304 West 5th Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0FERRIS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd075125
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAULETTE BULLOCK AND DAVID BULLOCK ARE MOTHER/SON RESPECTIVELY. JOE BOB GRAY AND GAYLE GRAY ARE HUSBAND AND WIFE.

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