Civic Intelligence

Texas Beef Surety Trust

990 • Fiscal year 2017 • EIN 75-6324280

Dec 01, 2016 to Nov 30, 2017 • Filed on May 23, 2018

800 S MonroeAmarillo, TX 79101

(806) 372-3877

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

67th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Net Margin

48th percentile

-0.2%

Higher net margin than 48% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Asset Growth

51st percentile

-0.8%

Faster asset growth than 51% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

55th percentile

0.1%

Faster revenue growth than 55% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$106,950

Down $900 (-0.8%) from 2016

Net Assets

Down

$106,950

Down $900 (-0.8%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$407,257

Up $313 (+0.1%) from 2016

Expenses

Up

$408,157

Up $313 (+0.1%) from 2016

Net Income

Flat

-$900

Flat from 2016

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2010: $108,159Liabilities 2010: $0Net Assets 2010: $108,1592010Assets 2011: $109,922Liabilities 2011: $0Net Assets 2011: $109,9222011Assets 2012: $109,821Liabilities 2012: $0Net Assets 2012: $109,8212012Assets 2013: $110,893Liabilities 2013: $0Net Assets 2013: $110,8932013Assets 2014: $109,993Liabilities 2014: $0Net Assets 2014: $109,9932014Assets 2015: $109,405Liabilities 2015: $0Net Assets 2015: $109,4052015Assets 2016: $107,850Liabilities 2016: $0Net Assets 2016: $107,8502016Assets 2017: $106,950Liabilities 2017: $0Net Assets 2017: $106,9502017Assets 2018: $106,030Liabilities 2018: $0Net Assets 2018: $106,0302018Assets 2019: $105,212Liabilities 2019: $0Net Assets 2019: $105,2122019Assets 2020: $104,303Liabilities 2020: $0Net Assets 2020: $104,3032020Assets 2021: $103,379Liabilities 2021: $0Net Assets 2021: $103,3792021Assets 2022: $102,453Liabilities 2022: $0Net Assets 2022: $102,4532022Assets 2023: $101,503Liabilities 2023: $0Net Assets 2023: $101,5032023Assets 2024: $101,828Liabilities 2024: $0Net Assets 2024: $101,8282024

Highlighted filing

2017

Assets$106,950
Liabilities$0
Net Assets$106,950

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $305,6862010Expenses 2011: $361,3542011Expenses 2012: $390,3022012Expenses 2013: $390,2842013Revenue 2014: $280,194Expenses 2014: $281,094Net Income 2014: -$9002014Revenue 2015: $360,532Expenses 2015: $361,120Net Income 2015: -$5882015Revenue 2016: $406,944Expenses 2016: $407,844Net Income 2016: -$9002016Revenue 2017: $407,257Expenses 2017: $408,157Net Income 2017: -$9002017Revenue 2018: $419,296Expenses 2018: $420,215Net Income 2018: -$9192018Revenue 2019: $468,999Expenses 2019: $469,817Net Income 2019: -$8182019Revenue 2020: $433,880Expenses 2020: $434,790Net Income 2020: -$9102020Revenue 2021: $435,035Expenses 2021: $435,959Net Income 2021: -$9242021Revenue 2022: $506,399Expenses 2022: $507,324Net Income 2022: -$9252022Revenue 2023: $526,298Expenses 2023: $527,248Net Income 2023: -$9502023Revenue 2024: $538,507Expenses 2024: $539,457Net Income 2024: -$9502024

Highlighted filing

2017

Revenue$407,257
Expenses$408,157
Net Income-$900
Jump To
Filing Snapshot
Filing Period
Dec 1, 2016 to Nov 30, 2017
Signed
May 23, 2018
Return Version
2016v3.0
Gross Receipts
$407,257
Mission and Program Overview

Mission

Employee health,life,& ad&d insurance

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$107,850$106,950▼ $900
Cash and Non-Interest-Bearing Accounts$107,263$79,001▼ $28,262
Accounts Receivable$587$27,949▲ $27,362
Total Assets$107,850$106,950▼ $900
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$107,850$106,950▼ $900
Total Liabilities and Net Assets / Fund Balance$107,850$106,950▼ $900
Compensation and Service Providers

Board Members and Trustees

NameTitle
BLAKE O'BRIENTrustee
David HusemanTrustee
Jack SheltonTrustee
Teel CurtisTrustee
WH O'BRIENTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$407,257
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-900
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$408,157
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$407,257--$407,257
Fees for Services Accounting-$900-$900
Total Functional Expenses$407,257$900$0$408,157
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Texas Beef Surety Trust
EIN
75-6324280
Phone
8063723877
Address
800 S MONROE, AMARILLO, TX 79101

Signing Officer

Name
David Huseman
Title
Trustee
Phone
8063723877
Signed
2018-05-23
Discuss with paid preparer
Yes

Organization Details

Formed
1984
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Brosier and Buchanan Partners
Address
PO BOX 9398, AMARILLO, TX 79105
Preparer
Cary D Buchanan
Phone
8063764279
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Some trustees are relatives

Pt VI, Line 11B

Emailed copy of Form 990 to Trustees

Pt VI, Line 19

Distributed to participants and/or beneficiaries

Form 990EZ, Part I, Line 16

MSIC

Form 990EZ, Part I, Line 16

REINSURANCE PREMIUM

Form 990EZ, Part II, Line 24

Investments

Raw XML Appendix257 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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ReturnHeader/ReturnTs02018-06-13T13:54:00-07:00
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ReturnHeader/TaxPeriodBeginDt02016-12-01
ReturnHeader/TaxPeriodEndDt02017-11-30
ReturnHeader/TaxYr02016

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.$1.02$0.00$1.02$5.39$5.39$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$5.26$5.27$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.00$1.02$5.06$5.07$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$4.35$4.36$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$4.34$4.35$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$4.69$4.70$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$4.19$4.20$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$4.07$4.08$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$4.07$4.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$3.61$3.61$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.10$0.00$1.10$2.80$2.81$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.00$1.11$3.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$3.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.00$1.10$3.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.00$1.08$3.06