Civic Intelligence

Adsi

990 • Fiscal year 2014 • EIN 75-3099783

Sep 01, 2013 to Aug 31, 2014 • Filed on May 12, 2015

8509 Fm 969 645Austin, TX 78724

(512) 921-4585

Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

34th percentile

-1.8%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

13th percentile

-9.2%

Faster asset growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

26th percentile

-5.8%

Faster revenue growth than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$519,903

Down $52,953 (-9.2%) from 2013

Net Assets

Down

$512,043

Down $53,558 (-9.5%) from 2013

Liabilities

Up

$7,860

Up $605 (+8.3%) from 2013

Revenue

Down

$3,011,085

Down $186,883 (-5.8%) from 2013

Expenses

Up

$3,064,603

Up $25,956 (+0.9%) from 2013

Net Income

Down

-$53,518

Down $212,839 (-134%) from 2013

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2010: $269,321Liabilities 2010: $15,002Net Assets 2010: $254,3192010Assets 2011: $319,493Liabilities 2011: $55,887Net Assets 2011: $263,6062011Assets 2012: $407,683Liabilities 2012: $1,407Net Assets 2012: $406,2762012Assets 2013: $572,856Liabilities 2013: $7,255Net Assets 2013: $565,6012013Assets 2014: $519,903Liabilities 2014: $7,860Net Assets 2014: $512,0432014Assets 2015: $2,168,437Liabilities 2015: $1,672,427Net Assets 2015: $496,0102015Assets 2016: $7,370,592Liabilities 2016: $6,807,529Net Assets 2016: $563,0632016Assets 2017: $7,822,011Liabilities 2017: $7,164,745Net Assets 2017: $657,2662017Assets 2018: $7,586,755Liabilities 2018: $6,853,979Net Assets 2018: $732,7762018Assets 2019: $8,595,457Liabilities 2019: $7,587,007Net Assets 2019: $1,008,4502019Assets 2020: $8,872,356Liabilities 2020: $7,740,503Net Assets 2020: $1,131,8532020Assets 2021: $9,113,512Liabilities 2021: $7,588,552Net Assets 2021: $1,524,9602021Assets 2022: $8,951,672Liabilities 2022: $7,552,208Net Assets 2022: $1,399,4642022Assets 2023: $8,708,920Liabilities 2023: $7,531,244Net Assets 2023: $1,177,6762023Assets 2024: $7,711,999Liabilities 2024: $7,428,394Net Assets 2024: $283,6052024

Highlighted filing

2014

Assets$519,903
Liabilities$7,860
Net Assets$512,043

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,434,8312010Expenses 2011: $2,878,9622011Expenses 2012: $2,954,5312012Revenue 2013: $3,197,968Expenses 2013: $3,038,647Net Income 2013: $159,3212013Revenue 2014: $3,011,085Expenses 2014: $3,064,603Net Income 2014: -$53,5182014Revenue 2015: $3,827,399Expenses 2015: $3,843,432Net Income 2015: -$16,0332015Revenue 2016: $4,414,711Expenses 2016: $4,347,658Net Income 2016: $67,0532016Revenue 2017: $4,798,080Expenses 2017: $4,703,877Net Income 2017: $94,2032017Revenue 2018: $4,638,088Expenses 2018: $4,562,578Net Income 2018: $75,5102018Revenue 2019: $4,810,003Expenses 2019: $4,534,329Net Income 2019: $275,6742019Revenue 2020: $4,601,013Expenses 2020: $4,477,610Net Income 2020: $123,4032020Revenue 2021: $4,821,632Expenses 2021: $4,579,996Net Income 2021: $241,6362021Revenue 2022: $4,588,635Expenses 2022: $4,714,131Net Income 2022: -$125,4962022Revenue 2023: $3,797,000Expenses 2023: $4,018,788Net Income 2023: -$221,7882023Revenue 2024: $3,082,373Expenses 2024: $3,976,444Net Income 2024: -$894,0712024

Highlighted filing

2014

Revenue$3,011,085
Expenses$3,064,603
Net Income-$53,518
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
May 12, 2015
Return Version
2013v4.0
Gross Receipts
$3,011,085
Mission and Program Overview

Mission

We believe children come to school with a great deal of prior knowledge and curiosity. They learn best when teachers build on this curiosity by helping them conduct in-depth investigations to answer those questions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$421,470$374,315▼ $47,155
Pledges and Grants Receivable$131,088$123,798▼ $7,290
Prepaid Expenses and Deferred Charges$20,298$20,298→ $0
Other Notes and Loans Receivable, Net-$847-
Accounts Receivable-$645-
Total Assets$572,856$519,903▼ $52,953
Liabilities
Accounts Payable and Accrued Expenses$7,255$7,860▲ $605
Total Liabilities$7,255$7,860▲ $605
Net Assets / Fund Balance
Unrestricted Net Assets$433,717$512,043▲ $78,326
Temporarily Rstr Net Assets$131,884--
Total Net Assets Fund Balance$565,601$512,043▼ $53,558
Total Liabilities and Net Assets / Fund Balance$572,856$519,903▼ $52,953
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anita GreenbergBoard of Director
Lisa LassiterBoard of Director
Deke FoxhovenDevelopment
Kyle HolderExecutive Ch
Anna LangstonGrants Membe
John ThomsPolicy & Gov
Laura ShanklandPolicy & Gov
Ken GreenSecretary
Vicki LittleTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Teacher Retirement System Of TexasRetirement-$316,526
Asc Management INCFacility Rental-$249,558
Kipp Austin Public SchoolsFacility Rental-$228,778
Revenue and Support

Revenue Composition

Contributions and Grants
$2,988,234
Program Service Revenue
$0
Investment Income
$473
Other Revenue
$22,378
All Other Contributions
$236,766
Change in Net Assets
$-53,518

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,011,085
Total Revenue per Audited Statements
$3,011,085
Total Revenue per Form 990
$3,011,085
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,130,399
Other Expenses$934,204
Total Fundraising Expense$47,863
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,852,786$277,613-$2,130,399
Office Expenses$149,088$737,253$47,863$934,204
Total Functional Expenses$2,001,874$1,014,866$47,863$3,064,603

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,064,603
Total Expenses per Audited Statements$3,064,603
Total Expenses per Form 990$3,064,603
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,378
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$12,996$12,996-$12,996
Event 2$9,382$9,382-$9,382
Total Events$22,378$22,378-$22,378
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mark SonRelativeIt Service ProviderNo-
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 family members
Yes
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Page 6, Part VI, Line 11B

Reviewed in executive & finance committee and reported out in open board meeting.

Form 990, Page 6, Part VI, Line 12C

Policy & governance committee reviews this and other board member obligations/provides member accountability. Annual form and folder review of board members held each august.

Form 990, Page 6, Part VI, Line 15A

Surveyed other schools, reviewed financial information from state through aeis, set targets in strategic plan regarding pay targets, shared in open meetings.

Form 990, Page 6, Part VI, Line 15B

Surveyed other schools, reviewed financial information from state through aeis, set targets in strategic plan regarding pay targets, shared in open meetings.

Form 990, Page 6, Part VI, Line 19

ON THE WEBSITE.

Filing and Contact Details

Filer

EIN
75-3099783
Phone
5129214585

Signing Officer

Name
Chuck Rainey
Title
Chief Financial Officer
Phone
5129214585
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chuck Rainey
Formed
2005
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
99
Volunteers
30

Preparer

Preparer
Thomas Jones Jr
Phone
7139681600
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

EMPLOYEE SALARIES.

Raw XML Appendix388 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/ExpensesSubtotalAmt03064603
IRS990ScheduleD/RevenueSubtotalAmt03011085
IRS990ScheduleD/TotalExpensesPerForm990Amt03064603
IRS990ScheduleD/TotalRevenuePerForm990Amt03011085
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03011085
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03064603
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IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0true
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IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0FOUNDATION SCHOOL PROGRAM FROM TEXAS EDUCATION AGENCY.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 6
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09382
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022378
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012996
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09382
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022378
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt0ONE FEST EVENT
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0RELATIVE
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0IT SERVICE PROVIDER
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBER WHOSE BROTHER WAS INVOLVED IN THE IT SERVICE DID NOT TAKE PART IN THE SELECTION PROCESS AND DID NOT VOTE AND APPARENTLY DUE BIDDING PROCESS WAS FOLLOWED. AS OF THE CLOSE OF FISCAL YEAR 8/8/2012, THE IT BUSINESS HAD DISSOLVED, AND THE BUSINESS RELATIONSHIP WAS NO LONGER PRESENT.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EMPLOYEE SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED IN EXECUTIVE & FINANCE COMMITTEE AND REPORTED OUT IN OPEN BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2POLICY & GOVERNANCE COMMITTEE REVIEWS THIS AND OTHER BOARD MEMBER OBLIGATIONS/PROVIDES MEMBER ACCOUNTABILITY. ANNUAL FORM AND FOLDER REVIEW OF BOARD MEMBERS HELD EACH AUGUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SURVEYED OTHER SCHOOLS, REVIEWED FINANCIAL INFORMATION FROM STATE THROUGH AEIS, SET TARGETS IN STRATEGIC PLAN REGARDING PAY TARGETS, SHARED IN OPEN MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SURVEYED OTHER SCHOOLS, REVIEWED FINANCIAL INFORMATION FROM STATE THROUGH AEIS, SET TARGETS IN STRATEGIC PLAN REGARDING PAY TARGETS, SHARED IN OPEN MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ON THE WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0519903
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01014866
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02001874
IRS990/TotalFunctionalExpensesGrp/TotalAmt03064603
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt07860
IRS990/TotalLiabilitiesGrp/BOYAmt07255
IRS990/TotalLiabilitiesGrp/EOYAmt07860
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0565601
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0512043
IRS990/TotalOtherProgSrvcExpenseAmt01852786
IRS990/TotalProgramServiceExpensesAmt02001874
IRS990/TotalRevenueGrp/ExclusionAmt0473
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03011085
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0572856
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0519903
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0433717
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0512043
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine108509 FM 969 645
IRS990/USAddress/City0AUSTIN
IRS990/USAddress/State0TX
IRS990/USAddress/ZIPCode078724
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.AUSTINDISCOVERYSCHOOL.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHUCK RAINEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF FINANCIAL OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum05129214585
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10AUSTIN DISCOVERY SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0AUST
ReturnHeader/Filer/EIN0753099783
ReturnHeader/Filer/PhoneNum05129214585
ReturnHeader/Filer/USAddress/AddressLine108509 FM 969 645
ReturnHeader/Filer/USAddress/City0AUSTIN
ReturnHeader/Filer/USAddress/State0TX
ReturnHeader/Filer/USAddress/ZIPCode078724
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760488832
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MCCONNELL & JONES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine104828 LOOP CENTRAL DR STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0770812222
ReturnHeader/PreparerPersonGrp/PhoneNum07139681600
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS JONES JR
ReturnHeader/ReturnTs02015-05-27T12:17:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-09-01
ReturnHeader/TaxPeriodEndDt02014-08-31
ReturnHeader/TaxYr02013

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.$7.71$7.43$0.28$3.08$3.98$0.89
2023Detailed filing. Detailed filing data is available for this year.$8.71$7.53$1.18$3.80$4.02$0.22
2022Detailed filing. Detailed filing data is available for this year.$8.95$7.55$1.40$4.59$4.71$0.13
2021Detailed filing. Detailed filing data is available for this year.$9.11$7.59$1.52$4.82$4.58$0.24
2020Detailed filing. Detailed filing data is available for this year.$8.87$7.74$1.13$4.60$4.48$0.12
2019Detailed filing. Detailed filing data is available for this year.$8.60$7.59$1.01$4.81$4.53$0.28
2018Detailed filing. Detailed filing data is available for this year.$7.59$6.85$0.73$4.64$4.56$0.08
2017Detailed filing. Detailed filing data is available for this year.$7.82$7.16$0.66$4.80$4.70$0.09
2016Detailed filing. Detailed filing data is available for this year.$7.37$6.81$0.56$4.41$4.35$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.17$1.67$0.50$3.83$3.84$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.01$0.51$3.01$3.06$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.57$0.01$0.57$3.20$3.04$0.16
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.00$0.41$2.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.06$0.26$2.88
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.02$0.25$2.43