Civic Intelligence

The Second Baptist School Foundation Inc.

990 • Fiscal year 2018 • EIN 76-0088961

Aug 01, 2017 to Jul 31, 2018 • Filed on Dec 15, 2018

6400 WoodwayHouston, TX 77057

(713) 365-2310

Siviq Scores

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

Liabilities / Assets

11th percentile

0.01x

Higher debt load relative to assets than 11% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.04x

Higher debt load relative to revenue than 14% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

12th percentile

$0

Higher top officer pay than 12% of similar nonprofits.

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

77th percentile

11%

Faster asset growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-4.9%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$16,099,498

Up $1,655,112 (+11%) from 2017

Net Assets

Up

$15,998,544

Up $1,637,898 (+11%) from 2017

Liabilities

Up

$100,954

Up $17,214 (+21%) from 2017

Revenue

Down

$2,614,141

Down $133,848 (-4.9%) from 2017

Expenses

Down

$1,333,146

Down $2,217,955 (-62%) from 2017

Net Income

Up

$1,280,995

Up $2,084,107 (+260%) from 2017

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2011: $7,541,514Liabilities 2011: $98,103Net Assets 2011: $7,443,4112011Assets 2012: $8,600,979Liabilities 2012: $126,869Net Assets 2012: $8,474,1102012Assets 2013: $10,289,294Liabilities 2013: $91,323Net Assets 2013: $10,197,9712013Assets 2014: $12,151,432Liabilities 2014: $109,560Net Assets 2014: $12,041,8722014Assets 2015: $16,134,209Liabilities 2015: $89,800Net Assets 2015: $16,044,4092015Assets 2016: $14,883,761Liabilities 2016: $72,935Net Assets 2016: $14,810,8262016Assets 2017: $14,444,386Liabilities 2017: $83,740Net Assets 2017: $14,360,6462017Assets 2018: $16,099,498Liabilities 2018: $100,954Net Assets 2018: $15,998,5442018Assets 2019: $17,853,632Liabilities 2019: $52,241Net Assets 2019: $17,801,3912019Assets 2020: $18,778,936Liabilities 2020: $11,480Net Assets 2020: $18,767,4562020Assets 2021: $23,479,594Liabilities 2021: $80,828Net Assets 2021: $23,398,7662021Assets 2022: $23,798,523Liabilities 2022: $36,029Net Assets 2022: $23,762,4942022Assets 2023: $26,970,859Liabilities 2023: $175,061Net Assets 2023: $26,795,7982023Assets 2024: $33,037,406Liabilities 2024: $979,752Net Assets 2024: $32,057,6542024Assets 2025: $33,737,349Liabilities 2025: $222,244Net Assets 2025: $33,515,1052025

Highlighted filing

2018

Assets$16,099,498
Liabilities$100,954
Net Assets$15,998,544

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $2,153,780Expenses 2011: $945,097Net Income 2011: $1,208,6832011Revenue 2012: $2,090,385Expenses 2012: $1,277,550Net Income 2012: $812,8352012Revenue 2013: $2,606,161Expenses 2013: $1,252,597Net Income 2013: $1,353,5642013Revenue 2014: $2,559,180Expenses 2014: $1,107,099Net Income 2014: $1,452,0812014Revenue 2015: $5,299,155Expenses 2015: $1,519,539Net Income 2015: $3,779,6162015Revenue 2016: $3,420,771Expenses 2016: $4,237,917Net Income 2016: -$817,1462016Revenue 2017: $2,747,989Expenses 2017: $3,551,101Net Income 2017: -$803,1122017Revenue 2018: $2,614,141Expenses 2018: $1,333,146Net Income 2018: $1,280,9952018Revenue 2019: $4,482,761Expenses 2019: $2,703,369Net Income 2019: $1,779,3922019Revenue 2020: $2,133,781Expenses 2020: $1,959,060Net Income 2020: $174,7212020Revenue 2021: $3,936,583Expenses 2021: $1,601,059Net Income 2021: $2,335,5242021Revenue 2022: $4,035,257Expenses 2022: $1,795,674Net Income 2022: $2,239,5832022Revenue 2023: $5,185,884Expenses 2023: $3,439,221Net Income 2023: $1,746,6632023Revenue 2024: $9,745,377Expenses 2024: $7,011,841Net Income 2024: $2,733,5362024Revenue 2025: $10,110,812Expenses 2025: $9,450,093Net Income 2025: $660,7192025

Highlighted filing

2018

Revenue$2,614,141
Expenses$1,333,146
Net Income$1,280,995
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
Dec 15, 2018
Return Version
2017v2.3
Gross Receipts
$12,704,466
Mission and Program Overview

Mission

The second baptist school foundation, is organized for the purposes of assisting and contributing to the academic, physical growth and development of the second baptist school, a private school founded in 1947 and situated in houston, tx. To this end, the foundation is empowered to solicit and accept appropriate gifts and bequests to be used to further such purpose, specifically including but not limited to the provision of financial assistance to worthy students of the school.

See schedule o, attachment 1

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$12,943,333$14,621,072▲ $1,677,739
Cash and Non-Interest-Bearing Accounts$1,407,136$1,351,659▼ $55,477
Prepaid Expenses and Deferred Charges$63,247$99,175▲ $35,928
Land, Buildings, and Equipment, Net$3,348$3,348→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$14,444,386$16,099,498▲ $1,655,112
Other Assets Total$27,322$24,244▼ $3,078
Liabilities
Accounts Payable and Accrued Expenses$31,041$62,973▲ $31,932
Deferred Revenue$52,699$37,981▼ $14,718
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$83,740$100,954▲ $17,214
Net Assets / Fund Balance
Unrestricted Net Assets$5,738,871$6,406,164▲ $667,293
Permanently Rstr Net Assets$5,535,827$6,041,634▲ $505,807
Temporarily Rstr Net Assets$3,085,948$3,550,746▲ $464,798
Total Net Assets Fund Balance$14,360,646$15,998,544▲ $1,637,898
Total Liabilities and Net Assets / Fund Balance$14,444,386$16,099,498▲ $1,655,112

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$3,348-$3,348

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$8,621,775$505,807▲ $529,157-$9,592,380
2016$7,726,186$387,176▲ $590,280-$8,621,775
2015$7,121,249$494,840▲ $162,994-$7,726,186
2014$6,293,876$544,232▲ $322,207-$7,121,249
2013$5,373,556$526,417▲ $442,706-$6,293,876
Compensation and Service Providers

Board Members and Trustees

NameTitle
David TauberChairman
Moulton GoodrumVice Chairman
Mr Peter SteelmanSecretary
Mrs Peter SteelmanSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$1,526,875
Program Service Revenue
$0
Investment Income
$650,304
Other Revenue
$436,962
All Other Contributions
$848,443
Change in Net Assets
$1,280,995

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,885,196
Revenue Not Reported on Financial Statements
$-271,055
Revenue Not Reported on Form 990
$634,128
Other Revenue Adjustments
$-271,055
Total Revenue per Audited Statements
$3,519,324
Total Revenue per Form 990
$2,614,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,040,746
Other Expenses$292,400
Total Fundraising Expense$21,243
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,040,746--$1,040,746
Fees for Service Investment Mgmnt Fees-$114,340-$114,340
Fees for Services Accounting-$43,910-$43,910
Office Expenses-$24,858-$24,858
Information Technology-$14,018-$14,018
Depreciation Depletion-$8,022-$8,022
Other Expenses-$2,374$21,243$2,374
Occupancy-$2,271-$2,271
All Other Expenses-$710-$710
Total Functional Expenses$1,040,746$271,157$21,243$1,333,146

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,881,426
Expenses per Audited Statements$1,604,201
Total Expenses per Form 990$1,333,146
Expenses Not Reported on Form 990$277,225
Expenses Not Reported on Financial Statements$-271,055
Other Expense Adjustments$-271,055
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Second Baptist SchoolHouston, TX501(c)(3)Cheerleading,booster Club,fine Arts$1,040,746
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$691,517
Fundraising Direct Expenses$271,055
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Eagle Fest$622,496$277,562$110,761$166,801
Dist. Speaker$334,755$1,257$125,148$-123,891
Total Events$1,369,949$691,517$271,055$420,462
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Second Baptist School Foundation Inc
EIN
76-0088961
In Care Of
% DAVID BOLLING CONTROLLER
Phone
7133652310
Address
6400 WOODWAY, HOUSTON, TX 77057

Signing Officer

Name
David Tauber
Title
Chairman
Phone
2673303000
Signed
2018-12-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Tauber
Formed
1988
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
250

Preparer

Firm
PricewaterhouseCoopers LLP
Address
2001 MARKET ST SUITE 1800, PHILADELPHIA, PA 19103
Preparer
Eric M Mcneil
Phone
2673303000
Supplemental Narrative

Additional Explanations

Availability of Documents

The organization makes its governing documents and financial statements available to the public upon request.

Officer & Director Relations

The following officers & directors have a family relationship: mr. Peter steelman mrs. Peter steelman

Form 990 Review Process

The organization's form 990 is reviewed by the related organization's business services team who help manage the foundation's financial records.

Financial Statement Notes

Schedule D, Part XI, Line 4B

Direct fundraising expenses $(271,055) schedule d, part xii, line 4b direct fundraising revenue $(271,055)

Schedule D, Part V, Line 4

The primary purpose of the endowment fund is to provide scholarships and educational opportunities to students at Second Baptist School, including: B. Jane Hursey Teacher Endowment Fund Established for the benefit of SBS teachers. Can be used for salary increases, retirement, or bonuses. Ann Smith Minority Scholarship Minority child scholarship Mercer H. Parks Endowed Scholarship Fund Established by Kitty Vann for use by single parents. Established with Lee Maxcy. E.K. Jones Fund Established as a Superintendent discretionary fund. Vicki Phillips was the only contribution. Lawrence A. Farris Scholarship Fund From the estate of Velma Farris. No stipulation given other than a named scholarship. Pat and Lane Maxcy Scholarship Fund Established by Mr. C.W. Maxcy with Dr. Hursey. Joy Williams Scholarship Dr. Hursey wanted for an 8th grade student. J. Gouldin Talbert Memorial Scholarship Fund Established by Bill Gouldin in honor of his sister. To be used first by a single parent family where one parent is deceased. Joe H. Reynolds Writing Excellence Fund To be used for a writing award for a SBS student annually.

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IRS990/MissionDesc0THE SECOND BAPTIST SCHOOL FOUNDATION, IS ORGANIZED FOR THE PURPOSES OF ASSISTING AND CONTRIBUTING TO THE ACADEMIC, PHYSICAL GROWTH AND DEVELOPMENT OF THE SECOND BAPTIST SCHOOL, A PRIVATE SCHOOL FOUNDED IN 1947 AND SITUATED IN HOUSTON, TX. TO THIS END, THE FOUNDATION IS EMPOWERED TO SOLICIT AND ACCEPT APPROPRIATE GIFTS AND BEQUESTS TO BE USED TO FURTHER SUCH PURPOSE, SPECIFICALLY INCLUDING BUT NOT LIMITED TO THE PROVISION OF FINANCIAL ASSISTANCE TO WORTHY STUDENTS OF THE SCHOOL.
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IRS990/NetAssetsOrFundBalancesEOYAmt015998544
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0290034
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0290034
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0420462
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0420462
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
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IRS990/NetUnrlzdGainsLossesInvstAmt0356903
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IRS990/NoncashContributionsAmt015490
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IRS990/OccupancyGrp/ManagementAndGeneralAmt02271
IRS990/OccupancyGrp/TotalAmt02271
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt024858
IRS990/OfficeExpensesGrp/TotalAmt024858
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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc1ALUMNI RELATIONS
IRS990/OtherExpensesGrp/Desc2SPECIAL EVENTS
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt021243
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035692
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt124962
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22374
IRS990/OtherExpensesGrp/TotalAmt035692
IRS990/OtherExpensesGrp/TotalAmt124962
IRS990/OtherExpensesGrp/TotalAmt221243
IRS990/OtherExpensesGrp/TotalAmt32374
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IRS990/OtherRevenueTotalAmt016500
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt05535827
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt06041634
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt063247
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt099175
IRS990/PrincipalOfficerNm0DAVID TAUBER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0The Eagle Athletic Booster club is our third largest program. The EABC raises money to support the athletic programs at Second Baptist School. Revenues totaled $201,503 and came primarily from the following areas: memberships, concessions, merchandise, homecoming, spring swing, flight night, and yard signs. Net income over expenses was granted to the school athletic department to pay for uniforms, equipment and playoff expenses.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0272362
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0272362
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0The Annual Campaign was our largest program for the 2017-2018 school year. The campaign raised $536,296. The funds were used in the following areas: operations, staff development, technology, scholarships, athletics, fine arts, Parents Association and benevolence.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0186212
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0186212
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FRIENDS OF THE FINE ARTS
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Miscellaneous
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02312
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt1282185
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt02312
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt1282185
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt016500
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IRS990/PYGrantsAndSimilarPaidAmt03147134
IRS990/PYInvestmentIncomeAmt0750538
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IRS990/PYOtherExpensesAmt0403967
IRS990/PYOtherRevenueAmt0484218
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-803112
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt03551101
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02747989
IRS990/QuidProQuoContributionsInd0false
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01280995
IRS990/RelatedEntityInd0true
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IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0741222252
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01040746
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SECOND BAPTIST CHURCH HOUSTON TX 77057
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01040746
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
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IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08621775
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0505807
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt09592380
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0529157
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt081867
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07726186
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0387176
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08621775
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0590280
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt052897
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt07121249
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0494840
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07726186
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0162994
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt039066
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06293876
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0544232
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt07121249
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0322207
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt048803
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt05373556
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0526417
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06293876
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0442706
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0277225
IRS990ScheduleD/DonatedServicesUseFcltsAmt0277225
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0277225
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-271055
IRS990ScheduleD/ExpensesSubtotalAmt01604201
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0356903
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-271055
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03348
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03348
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-271055
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.62980
IRS990ScheduleD/RevenueNotReportedAmt0634128
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-271055
IRS990ScheduleD/RevenueSubtotalAmt02885196
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DIRECT FUNDRAISING EXPENSES $(271,055) SCHEDULE D, PART XII, LINE 4B DIRECT FUNDRAISING REVENUE $(271,055)
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The primary purpose of the endowment fund is to provide scholarships and educational opportunities to students at Second Baptist School, including: B. Jane Hursey Teacher Endowment Fund Established for the benefit of SBS teachers. Can be used for salary increases, retirement, or bonuses. Ann Smith Minority Scholarship Minority child scholarship Mercer H. Parks Endowed Scholarship Fund Established by Kitty Vann for use by single parents. Established with Lee Maxcy. E.K. Jones Fund Established as a Superintendent discretionary fund. Vicki Phillips was the only contribution. Lawrence A. Farris Scholarship Fund From the estate of Velma Farris. No stipulation given other than a named scholarship. Pat and Lane Maxcy Scholarship Fund Established by Mr. C.W. Maxcy with Dr. Hursey. Joy Williams Scholarship Dr. Hursey wanted for an 8th grade student. J. Gouldin Talbert Memorial Scholarship Fund Established by Bill Gouldin in honor of his sister. To be used first by a single parent family where one parent is deceased. Joe H. Reynolds Writing Excellence Fund To be used for a writing award for a SBS student annually.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PART V, LINE 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.37020
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03348
IRS990ScheduleD/TotalExpensesPerForm990Amt01333146
IRS990ScheduleD/TotalRevenuePerForm990Amt02614141
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03519324
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01881426
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0678432
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0344934
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt0333498
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0271055
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0EAGLE FEST
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DIST. SPEAKER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt05928
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt05928
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0622496
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0334755
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt0412698
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01369949

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$33.7$0.22$33.5$10.1$9.45$0.66
2024Detailed filing. Detailed filing data is available for this year.$33.0$0.98$32.1$9.75$7.01$2.73
2023Detailed filing. Detailed filing data is available for this year.$27.0$0.18$26.8$5.19$3.44$1.75
2022Detailed filing. Detailed filing data is available for this year.$23.8$0.04$23.8$4.04$1.80$2.24
2021Detailed filing. Detailed filing data is available for this year.$23.5$0.08$23.4$3.94$1.60$2.34
2020Detailed filing. Detailed filing data is available for this year.$18.8$0.01$18.8$2.13$1.96$0.17
2019Detailed filing. Detailed filing data is available for this year.$17.9$0.05$17.8$4.48$2.70$1.78
2018Detailed filing. Detailed filing data is available for this year.$16.1$0.10$16.0$2.61$1.33$1.28
2017Detailed filing. Detailed filing data is available for this year.$14.4$0.08$14.4$2.75$3.55$0.80
2016Summary only. Only limited summary data is available for this year.$14.9$0.07$14.8$3.42$4.24$0.82
2015Summary only. Only limited summary data is available for this year.$16.1$0.09$16.0$5.30$1.52$3.78
2014Summary only. Only limited summary data is available for this year.$12.2$0.11$12.0$2.56$1.11$1.45
2013Summary only. Only limited summary data is available for this year.$10.3$0.09$10.2$2.61$1.25$1.35
2012Summary only. Only limited summary data is available for this year.$8.60$0.13$8.47$2.09$1.28$0.81
2011Summary only. Only limited summary data is available for this year.$7.54$0.10$7.44$2.15$0.95$1.21