Civic Intelligence

Lamar State College - Orange Foundation

990 • Fiscal year 2013 • EIN 76-0106968

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 30, 2014

410 Front Street77630

(409) 883-3350

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Liabilities / Revenue

7th percentile

0.00x

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Net Margin

98th percentile

91%

Higher net margin than 98% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2013 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2013

Asset Growth

94th percentile

53%

Faster asset growth than 94% of similar nonprofits.

2013 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$5,222,593

Up $1,799,110 (+53%) from 2012

Net Assets

Up

$5,222,593

Up $1,799,110 (+53%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

$1,683,121

No earlier filing loaded for comparison.

Expenses

Down

$159,108

Down $1,339 (-0.8%) from 2012

Net Income

$1,524,013

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,249,229Liabilities 2011: $0Net Assets 2011: $3,249,2292011Assets 2012: $3,423,483Liabilities 2012: $0Net Assets 2012: $3,423,4832012Assets 2013: $5,222,593Liabilities 2013: $0Net Assets 2013: $5,222,5932013Assets 2014: $5,309,854Liabilities 2014: $0Net Assets 2014: $5,309,8542014Assets 2015: $5,117,467Liabilities 2015: $0Net Assets 2015: $5,117,4672015Assets 2016: $5,263,458Liabilities 2016: $0Net Assets 2016: $5,263,4582016Assets 2017: $5,856,051Liabilities 2017: $0Net Assets 2017: $5,856,0512017Assets 2018: $5,683,840Liabilities 2018: $0Net Assets 2018: $5,683,8402018Assets 2019: $6,341,548Liabilities 2019: $0Net Assets 2019: $6,341,5482019Assets 2020: $6,575,356Liabilities 2020: $49,500Net Assets 2020: $6,525,8562020Assets 2021: $7,254,315Liabilities 2021: $44,500Net Assets 2021: $7,209,8152021Assets 2022: $6,107,210Liabilities 2022: $0Net Assets 2022: $6,107,2102022Assets 2023: $6,992,704Liabilities 2023: $11,651Net Assets 2023: $6,981,0532023Assets 2024: $7,677,548Liabilities 2024: $15,501Net Assets 2024: $7,662,0472024

Highlighted filing

2013

Assets$5,222,593
Liabilities$0
Net Assets$5,222,593

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2011: $146,0992011Expenses 2012: $160,4472012Revenue 2013: $1,683,121Expenses 2013: $159,108Net Income 2013: $1,524,0132013Revenue 2014: $196,755Expenses 2014: $154,448Net Income 2014: $42,3072014Revenue 2015: $317,652Expenses 2015: $318,607Net Income 2015: -$9552015Revenue 2016: $340,164Expenses 2016: $245,224Net Income 2016: $94,9402016Revenue 2017: $432,814Expenses 2017: $241,130Net Income 2017: $191,6842017Revenue 2018: $420,556Expenses 2018: $132,209Net Income 2018: $288,3472018Revenue 2019: $291,357Expenses 2019: $440,051Net Income 2019: -$148,6942019Revenue 2020: $314,919Expenses 2020: $526,028Net Income 2020: -$211,1092020Revenue 2021: $426,769Expenses 2021: $144,910Net Income 2021: $281,8592021Revenue 2022: $240,607Expenses 2022: $155,690Net Income 2022: $84,9172022Revenue 2023: $299,480Expenses 2023: $153,464Net Income 2023: $146,0162023Revenue 2024: $589,357Expenses 2024: $353,693Net Income 2024: $235,6642024

Highlighted filing

2013

Revenue$1,683,121
Expenses$159,108
Net Income$1,524,013
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 30, 2014
Return Version
2013v3.1
Gross Receipts
$3,106,388
Mission and Program Overview

Mission

Providing for scholarship opportunities for students of Lamar State College - Orange as well as providing for the upkeep of the Brown Center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,648,292$3,932,355▲ $1,284,063
Land, Buildings, and Equipment, Net$285,044$822,786▲ $537,742
Savings and Temporary Cash Investments$440,852$437,005▼ $3,847
Cash and Non-Interest-Bearing Accounts$22,560$16,136▼ $6,424
Other Notes and Loans Receivable, Net$26,735$14,311▼ $12,424
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$3,423,483$5,222,593▲ $1,799,110
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$2,234,820$3,483,732▲ $1,248,912
Temporarily Rstr Net Assets$978,824$1,190,531▲ $211,707
Unrestricted Net Assets$209,839$548,330▲ $338,491
Total Net Assets Fund Balance$3,423,483$5,222,593▲ $1,799,110
Total Liabilities and Net Assets / Fund Balance$3,423,483$5,222,593▲ $1,799,110

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$344,878--
Land$477,908--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$1,685,213$950,000▲ $170,726-$2,805,939
2012$1,504,250-▲ $180,963-$1,685,213
2011$1,571,110-▼ $66,860-$1,504,250
2010$1,511,830-▲ $70,114-$1,571,110
2009-$-49,239-$10,046$1,511,830
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carlton HarmonChairman
John Cash SmithVice Chairman
Courtney Burch-ArkeenDirector
David JonesDirector
Gisela HousemanDirector
Kathy GunnDirector
Lana SepulvadoDirector
Patty CloerenDirector
Ron Borel CPADirector
Ross SmithDirector
Shane JohnsDirector
Shawn OubreDirector
Stephen LeeDirector
Dan MohonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,433,675
Program Service Revenue
$0
Investment Income
$266,762
Other Revenue
$-17,316
All Other Contributions
$1,386,675
Change in Net Assets
$1,524,013

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$390,000Appraisal
Total Noncash Contributions1$390,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$125,648
Other Expenses$33,460
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$80,250--$80,250
Grants to Domestic Orgs$45,398--$45,398
Fees for Services Accounting-$4,125-$4,125
Insurance-$1,531-$1,531
Office Expenses-$148-$148
Other Expenses$40$5,700-$40
Fees for Services Legal-$5-$5
Total Functional Expenses$147,599$11,509$0$159,108
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$21,750
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$47,000-$5,302-
Total Events$47,000-$21,750$-21,750
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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, Part VI, Line 11B: Form 990 Review Process

Officers will review and approve Form 990 prior to filing

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflicts must be disclosed to the Secretary of the Foundation at the earliest practicable time in writing.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board reviews and approves the compensation of key employees. Officers receive no compensation.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Made available upon request only

Filing and Contact Details

Filer

EIN
76-0106968
Phone
4098833350

Signing Officer

Name
Carlton Harmon
Title
Chairman
Signed
2014-04-30
Discuss with paid preparer
Yes

Organization Details

Formed
1995
Legal Domicile
TX
Voting Board Members
14
Independent Board Members
14
Employees
0

Preparer

Preparer
Gary L Zimmerman
Phone
4098920233
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IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Providing for scholarship opportunities for students of Lamar State College - Orange as well as providing for the upkeep of the Brown Center.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03423483
IRS990/NetAssetsOrFundBalancesEOYAmt05222593
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0194118
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0194118
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-21750
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0275097
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0390000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0148
IRS990/OfficeExpensesGrp/TotalAmt0148
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Broker Fees
IRS990/OtherExpensesGrp/Desc1Administrative Expense
IRS990/OtherExpensesGrp/Desc2Taxes - Other
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05700
IRS990/OtherExpensesGrp/ProgramServicesAmt021911
IRS990/OtherExpensesGrp/ProgramServicesAmt140
IRS990/OtherExpensesGrp/TotalAmt021911
IRS990/OtherExpensesGrp/TotalAmt15700
IRS990/OtherExpensesGrp/TotalAmt240
IRS990/OtherRevenueMiscGrp/BusinessCd0211110
IRS990/OtherRevenueMiscGrp/Desc0Royalties
IRS990/OtherRevenueMiscGrp/ExclusionAmt04434
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04434
IRS990/OtherRevenueTotalAmt04434
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt026735
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt014311
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02234820
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03483732
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Provided for the repairs and maintenance of the Brown Center.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt067349
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt061354
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0123802
IRS990/PYInvestmentIncomeAmt0175457
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt036645
IRS990/PYOtherRevenueAmt0-9977
IRS990/PYRevenuesLessExpensesAmt066387
IRS990/PYTotalExpensesAmt0160447
IRS990/PYTotalRevenueAmt0226834
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt01524013
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0440852
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0437005
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part II, Line 17b--The Organization meets the "facts and circumstances" test because they are dependent upon contributions of local citizens in order to be able to continue to give scholarships to students of Lamar State College - Orange.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01386675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt061354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt029660
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035941
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01517130
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt072644
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt065877
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt068487
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt076171
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0283179
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04434
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06398
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04217
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt04928
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02441
IRS990ScheduleA/OtherIncome170Grp/TotalAmt022418
IRS990ScheduleA/PublicSupportCY170Pct00.83230
IRS990ScheduleA/PublicSupportPY170Pct00.30130
IRS990ScheduleA/PublicSupportTotal170Amt01517130
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01386675
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt061354
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt029660
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035941
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01517130
IRS990ScheduleA/TotalSupportAmt01822727
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BookValueAmt0344878
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0344878
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01685213
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0950000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02805939
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0170726
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01504250
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01685213
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0180963
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01571110
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01504250
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-66860
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt010834
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01511830

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.$7.68$0.02$7.66$0.59$0.35$0.24
2023Detailed filing. Detailed filing data is available for this year.$6.99$0.01$6.98$0.30$0.15$0.15
2022Detailed filing. Detailed filing data is available for this year.$6.11$0.00$6.11$0.24$0.16$0.08
2021Detailed filing. Detailed filing data is available for this year.$7.25$0.04$7.21$0.43$0.14$0.28
2020Detailed filing. Detailed filing data is available for this year.$6.58$0.05$6.53$0.31$0.53$0.21
2019Detailed filing. Detailed filing data is available for this year.$6.34$0.00$6.34$0.29$0.44$0.15
2018Detailed filing. Detailed filing data is available for this year.$5.68$0.00$5.68$0.42$0.13$0.29
2017Detailed filing. Detailed filing data is available for this year.$5.86$0.00$5.86$0.43$0.24$0.19
2016Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$0.34$0.25$0.09
2015Detailed filing. Detailed filing data is available for this year.$5.12$0.00$5.12$0.32$0.32$0.00
2014Detailed filing. Detailed filing data is available for this year.$5.31$0.00$5.31$0.20$0.15$0.04
2013Detailed filing. Detailed filing data is available for this year.$5.22$0.00$5.22$1.68$0.16$1.52
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$0.00$3.42$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.25$0.00$3.25$0.15