Civic Intelligence

La Porte Education Foundation

990 • Fiscal year 2020 • EIN 76-0407788

Aug 01, 2019 to Jul 31, 2020 • Filed on Sep 23, 2020

P O Box 1272La Porte, TX 77572-1272

(713) 507-2434

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

14th percentile

-25%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

86th percentile

$95,004

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 38.1% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

29th percentile

-1.4%

Faster asset growth than 29% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

22nd percentile

-25%

Faster revenue growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$989,223

Down $14,427 (-1.4%) from 2019

Net Assets

Down

$989,223

Down $14,427 (-1.4%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$249,590

Down $85,362 (-25%) from 2019

Expenses

Down

$312,037

Down $11,181 (-3.5%) from 2019

Net Income

Down

-$62,447

Down $74,181 (-632%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $999,992Liabilities 2010: $0Net Assets 2010: $999,9922010Assets 2011: $962,201Liabilities 2011: $0Net Assets 2011: $962,2012011Assets 2012: $990,621Liabilities 2012: $0Net Assets 2012: $990,6212012Assets 2013: $1,080,441Liabilities 2013: $0Net Assets 2013: $1,080,4412013Assets 2014: $1,113,208Liabilities 2014: $0Net Assets 2014: $1,113,2082014Assets 2015: $1,135,125Liabilities 2015: $0Net Assets 2015: $1,135,1252015Assets 2016: $1,007,050Liabilities 2016: $0Net Assets 2016: $1,007,0502016Assets 2017: $971,035Liabilities 2017: $0Net Assets 2017: $971,0352017Assets 2018: $958,553Liabilities 2018: $0Net Assets 2018: $958,5532018Assets 2019: $1,003,650Liabilities 2019: $0Net Assets 2019: $1,003,6502019Assets 2020: $989,223Liabilities 2020: $0Net Assets 2020: $989,2232020Assets 2021: $1,180,321Liabilities 2021: $0Net Assets 2021: $1,180,3212021Assets 2022: $1,054,067Liabilities 2022: $0Net Assets 2022: $1,054,0672022Assets 2023: $1,053,431Liabilities 2023: $0Net Assets 2023: $1,053,4312023Assets 2024: $1,136,485Liabilities 2024: $0Net Assets 2024: $1,136,4852024Assets 2025: $1,191,772Liabilities 2025: $0Net Assets 2025: $1,191,7722025

Highlighted filing

2020

Assets$989,223
Liabilities$0
Net Assets$989,223

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $144,176Expenses 2010: $246,726Net Income 2010: -$102,5502010Revenue 2011: $84,497Expenses 2011: $99,586Net Income 2011: -$15,0892011Expenses 2012: $162,2642012Revenue 2013: $57,190Expenses 2013: $38,255Net Income 2013: $18,9352013Revenue 2014: $211,374Expenses 2014: $201,262Net Income 2014: $10,1122014Revenue 2015: $266,700Expenses 2015: $208,092Net Income 2015: $58,6082015Revenue 2016: $220,023Expenses 2016: $321,762Net Income 2016: -$101,7392016Revenue 2017: $238,243Expenses 2017: $305,410Net Income 2017: -$67,1672017Revenue 2018: $270,696Expenses 2018: $342,129Net Income 2018: -$71,4332018Revenue 2019: $334,952Expenses 2019: $323,218Net Income 2019: $11,7342019Revenue 2020: $249,590Expenses 2020: $312,037Net Income 2020: -$62,4472020Revenue 2021: $293,227Expenses 2021: $304,178Net Income 2021: -$10,9512021Revenue 2022: $262,654Expenses 2022: $278,850Net Income 2022: -$16,1962022Revenue 2023: $344,290Expenses 2023: $373,118Net Income 2023: -$28,8282023Revenue 2024: $389,353Expenses 2024: $409,019Net Income 2024: -$19,6662024Revenue 2025: $334,660Expenses 2025: $350,498Net Income 2025: -$15,8382025

Highlighted filing

2020

Revenue$249,590
Expenses$312,037
Net Income-$62,447
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Sep 23, 2020
Return Version
2019v5.1
Gross Receipts
$263,078
Mission and Program Overview

Mission

Grants provided to teachers to fund innovative, creative, instructional projects for students and teachers and to fund scholarships in La Porte ISD schools.

Grants provided to teachers to fund innovative, creative, instructional projects for students and teachers to fund scholarships to students in La Porte ISD schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,003,650$989,223▼ $14,427
Investments in Publicly Traded Securities$907,719$973,686▲ $65,967
Cash and Non-Interest-Bearing Accounts$95,931$15,537▼ $80,394
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,003,650$989,223▼ $14,427
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,003,650$989,223▼ $14,427
Total Liabilities and Net Assets / Fund Balance$1,003,650$989,223▼ $14,427

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$558,193-▲ $17,947-$426,030
2018$727,245-▲ $17,932-$558,193
2017$830,586-▲ $58,951-$727,245
2016$943,492-▲ $37,094-$830,586
2015$938,520-▲ $4,972-$943,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
-Executive DirectorFT$95,004$95,004

Board Members and Trustees

NameTitle
Charlotte PennyePresident
Brian KinkopfLPISD Trustee
Stan LewisLPISD Superintendent
Jason WeeksSecretary
Frank NanceTreasurer
Brock BihmVP of Administration
-VP of Development
Revenue and Support

Revenue Composition

Contributions and Grants
$60,909
Program Service Revenue
$137,061
Investment Income
$17,947
Other Revenue
$33,673
All Other Contributions
$13,748
Change in Net Assets
$-62,447
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$176,217
Salaries, Compensation, and Employee Benefits$96,784
Other Expenses$39,036
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$170,717--$170,717
Other Salaries and Wages$23,735$71,206-$94,941
Fees for Services Accounting-$7,575-$7,575
Grants to Domestic Individuals$5,500--$5,500
Advertising-$3,332-$3,332
Other Expenses$13,488$1,932-$1,932
All Other Expenses-$1,486-$1,486
Payroll Taxes-$1,381-$1,381
Insurance-$1,120-$1,120
Fees for Services Other-$707-$707
Pension Plan Contributions-$462-$462
Total Functional Expenses$213,440$98,597$0$312,037
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
La Porte Independent School DistrictLa Porte, TX-Educational Grants to Teachers$170,717
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$47,161
Fundraising Direct Expenses$13,488
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Breakfast with the Stars$19,063$19,063$6,835$12,228
Golf Tournament$7,617$7,617$904$6,713
Total Events$47,161$47,161$13,488$33,673
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
Business relationship with 35% controlled entity
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
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

Governance Explanations

Form 990, Part VI, Section B, line 11B

Form 990 available upon request.

Form 990, Part VI, Section C, line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
La Porte Education Foundation
EIN
76-0407788
Phone
7135072434
Address
P O Box 1272, La Porte, TX 77572-1272

Signing Officer

Name
Brian Kinkopf
Title
Treasurer
Phone
7135072434
Signed
2020-09-23

Organization Details

Principal Officer
Charlotte Pennye
Formed
1993
Legal Domicile
TX
Voting Board Members
28
Independent Board Members
28
Employees
1
Volunteers
78

Preparer

Firm
Hammack & Co CPA's LLC
Address
10510 Spencer Hwy, LaPorte, TX 77571
Preparer
Bruce Hammack
Phone
2814715747
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt047942
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt0309750
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017947
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt017932
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt038789
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt057724
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0144433
IRS990ScheduleA/InvestmentIncomeCYPct00.09210
IRS990ScheduleA/InvestmentIncomePYPct00.12740
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90790
IRS990ScheduleA/PublicSupportPY509Pct00.87260
IRS990ScheduleA/PublicSupportTotal509Amt01423254
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0344773
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0320359
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0285215
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0251934
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0220973
IRS990ScheduleA/Total509Grp/TotalAmt01423254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0362720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0338291
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0297256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0290723
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0278697
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01567687
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/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0558193
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0426030
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0170744
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt017947
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0727245
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0558193
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0186984
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt017932
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0830586
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0727245
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0162292
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt058951
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0943492
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0830586
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0150000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt037094
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0938520
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0943492
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04972
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt013488
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Breakfast with the Stars
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt019063
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt020481
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt047161
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07617
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt019063
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt020481
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt047161
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt033673
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt05749
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt013488
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0904
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt06835
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt05500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/RecipientTable/CashGrantAmt0170717
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Educational Grants to Teachers
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0La Porte Independent School District
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01002 San Jacinto
IRS990ScheduleI/RecipientTable/USAddress/CityNm0La Porte
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd077571
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TX
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01003650
IRS990/TotalAssetsEOYAmt0989223
IRS990/TotalAssetsGrp/BOYAmt01003650
IRS990/TotalAssetsGrp/EOYAmt0989223
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt060909
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt098597
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0213440
IRS990/TotalFunctionalExpensesGrp/TotalAmt0312037
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01003650
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0989223
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt037223
IRS990/TotalProgramServiceExpensesAmt0213440
IRS990/TotalProgramServiceRevenueAmt0137061
IRS990/TotalReportableCompFromOrgAmt095004
IRS990/TotalRevenueGrp/ExclusionAmt033673
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0155008
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0249590
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt078
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01003650
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0989223
IRS990/TotReportableCompRltdOrgAmt00

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.00$1.19$0.33$0.35$0.02
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$0.39$0.41$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.00$1.05$0.34$0.37$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.00$1.05$0.26$0.28$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.00$1.18$0.29$0.30$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.99$0.00$0.99$0.25$0.31$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$0.33$0.32$0.01
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.00$0.96$0.27$0.34$0.07
2017Summary only. Only limited summary data is available for this year.$0.97$0.00$0.97$0.24$0.31$0.07
2016Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$0.22$0.32$0.10
2015Summary only. Only limited summary data is available for this year.$1.14$0.00$1.14$0.27$0.21$0.06
2014Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$0.21$0.20$0.01
2013Summary only. Only limited summary data is available for this year.$1.08$0.00$1.08$0.06$0.04$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.16
2011Summary only. Only limited summary data is available for this year.$0.96$0.00$0.96$0.08$0.10$0.02
2010Summary only. Only limited summary data is available for this year.$1.00$0.00$1.00$0.14$0.25$0.10