Civic Intelligence

Holy Trinity Episcopal School of Greater Houston Inc Bankruptcy Case #24-30

990 • Fiscal year 2017 • EIN 76-0452648

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

11810 LockwoodHouston, TX 77044

(281) 459-4323

Siviq Scores

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

Liabilities / Assets

77th percentile

0.42x

Higher debt load relative to assets than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

82nd percentile

0.73x

Higher debt load relative to revenue than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

69th percentile

12%

Higher net margin than 69% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

62nd percentile

$85,000

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

58th percentile

5.8%

Faster asset growth than 58% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

41st percentile

1.2%

Faster revenue growth than 41% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Up

$2,763,414

Up $152,677 (+5.8%) from 2016

Net Assets

Up

$1,595,990

Up $185,744 (+13%) from 2016

Liabilities

Down

$1,167,424

Down $33,067 (-2.8%) from 2016

Revenue

Up

$1,590,446

Up $18,781 (+1.2%) from 2016

Expenses

Down

$1,400,310

Down $235,475 (-14%) from 2016

Net Income

Up

$190,136

Up $254,256 (+397%) from 2016

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 2010: $3,340,931Liabilities 2010: $2,721,025Net Assets 2010: $619,9062010Assets 2011: $3,346,066Liabilities 2011: $2,480,324Net Assets 2011: $865,7422011Assets 2012: $3,328,321Liabilities 2012: $2,324,099Net Assets 2012: $1,004,2222012Assets 2013: $2,987,749Liabilities 2013: $1,425,631Net Assets 2013: $1,562,1182013Assets 2014: $3,137,766Liabilities 2014: $1,374,837Net Assets 2014: $1,762,9292014Assets 2015: $2,791,894Liabilities 2015: $1,317,528Net Assets 2015: $1,474,3662015Assets 2016: $2,610,737Liabilities 2016: $1,200,491Net Assets 2016: $1,410,2462016Assets 2017: $2,763,414Liabilities 2017: $1,167,424Net Assets 2017: $1,595,9902017Assets 2018: $2,593,843Liabilities 2018: $1,032,264Net Assets 2018: $1,561,5792018Assets 2019: $2,644,745Liabilities 2019: $1,114,485Net Assets 2019: $1,530,2602019Assets 2020: $2,792,816Liabilities 2020: $2,007,905Net Assets 2020: $784,9112020Assets 2021: $4,679,841Liabilities 2021: $2,453,279Net Assets 2021: $2,226,5622021Assets 2022: $6,625,810Liabilities 2022: $3,620,239Net Assets 2022: $3,005,5712022Assets 2023: $5,910,407Liabilities 2023: $3,472,770Net Assets 2023: $2,437,6372023Assets 2024: $5,800,909Liabilities 2024: $3,591,316Net Assets 2024: $2,209,5932024

Highlighted filing

2017

Assets$2,763,414
Liabilities$1,167,424
Net Assets$1,595,990

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,594,5712010Expenses 2011: $1,743,4922011Expenses 2012: $1,499,4862012Expenses 2013: $1,550,0302013Revenue 2014: $1,684,742Expenses 2014: $1,519,255Net Income 2014: $165,4872014Revenue 2015: $1,359,200Expenses 2015: $1,647,763Net Income 2015: -$288,5632015Revenue 2016: $1,571,665Expenses 2016: $1,635,785Net Income 2016: -$64,1202016Revenue 2017: $1,590,446Expenses 2017: $1,400,310Net Income 2017: $190,1362017Revenue 2018: $1,524,941Expenses 2018: $1,497,060Net Income 2018: $27,8812018Revenue 2019: $1,506,709Expenses 2019: $1,538,028Net Income 2019: -$31,3192019Revenue 2020: $864,623Expenses 2020: $1,403,073Net Income 2020: -$538,4502020Revenue 2021: $2,829,973Expenses 2021: $1,388,322Net Income 2021: $1,441,6512021Revenue 2022: $1,892,728Expenses 2022: $1,450,506Net Income 2022: $442,2222022Revenue 2023: $1,140,219Expenses 2023: $1,546,610Net Income 2023: -$406,3912023Revenue 2024: $32,228Expenses 2024: $446,498Net Income 2024: -$414,2702024

Highlighted filing

2017

Revenue$1,590,446
Expenses$1,400,310
Net Income$190,136
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.1
Gross Receipts
$1,600,695
Mission and Program Overview

Mission

Operate a religious private academic school serving grades prek3 through 5th grade.

To operate a religious private academic school serving grades k-12.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,459,648$2,474,299▲ $14,651
Cash and Non-Interest-Bearing Accounts$140,068$245,500▲ $105,432
Pledges and Grants Receivable$8,021$40,615▲ $32,594
Prepaid Expenses and Deferred Charges$3,000$3,000→ $0
Total Assets$2,610,737$2,763,414▲ $152,677
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,031,782$986,937▼ $44,845
Accounts Payable and Accrued Expenses$168,709$180,487▲ $11,778
Total Liabilities$1,200,491$1,167,424▼ $33,067
Net Assets / Fund Balance
Unrestricted Net Assets$1,410,246$1,595,990▲ $185,744
Total Net Assets Fund Balance$1,410,246$1,595,990▲ $185,744
Total Liabilities and Net Assets / Fund Balance$2,610,737$2,763,414▲ $152,677

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,684,778$918,367$2,603,145
Land$692,430-$692,430
Leasehold Improvements$68,756$220,091$288,847
Equipment$28,335$174,545$202,880
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Audrey RussellHead of SchoFT$85,000$85,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$77,805
Program Service Revenue
$1,399,817
Investment Income
$26,285
Other Revenue
$86,539
All Other Contributions
$77,805
Change in Net Assets
$190,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$972,296
Other Expenses$428,014
Total Fundraising Expense$56,564
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$660,151$70,715$35,782$766,648
Current Officers, Directors, Trustees, and Key Employees$63,750$14,450$6,800$85,000
Payroll Taxes$55,317$7,809$1,952$65,078
Office Expenses$22,808$28,509$5,702$57,019
Other Employee Benefits$47,277$6,668$1,625$55,570
Interest$49,669$4,416$1,104$55,189
All Other Expenses$21,325$11,558$60$32,943
Fees for Services Accounting-$30,503-$30,503
Other Expenses$19,326$2,147-$21,473
Insurance$16,482$3,015$603$20,100
Information Technology$13,033$2,300-$15,333
Advertising-$2,936$2,936$5,872
Travel$828$1,931-$2,759
Total Functional Expenses$1,114,847$228,899$56,564$1,400,310
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$44,127
Fundraising Direct Expenses$10,249
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$28,715$28,715$5,999$22,716
Fall Festival$8,718$8,718$3,278$5,440
Total Events$44,127$44,127$10,249$33,878
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
Annual disclosure for covered persons
Yes
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
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

A copy was provided to the board before filing.

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

The conflict of interest policy is included in the new board member packet at the beginning of the term. Also, any time a board member suggests a vendor, the question is asked regarding relationship between the board member and the vendor.

Form 990, Page 6, Part VI, Line 19

All information is available upon request.

Filing and Contact Details

Filer

Filer Name
Holy Trinity Episcopal School
EIN
76-0452648
Phone
2814594323
Address
11810 LOCKWOOD, HOUSTON, TX 77044

Signing Officer

Name
Audrey Russell
Title
Head of School
Phone
2814594323
Signed
2018-05-14

Organization Details

Principal Officer
Audrey Russell
Formed
1995
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
47
Volunteers
50

Preparer

Firm
Abip Pc
Address
1717 SAINT JAMES PL STE 500, HOUSTON, TX 77056-3474
Preparer
Richard Dyo CPA
Phone
7139542002
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

-4,392

Raw XML AppendixShowing 400 of 424 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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IRS990/PYContributionsGrantsAmt058974
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt025977
IRS990/PYOtherExpensesAmt0554512
IRS990/PYOtherRevenueAmt0110705
IRS990/PYProgramServiceRevenueAmt01376009
IRS990/PYRevenuesLessExpensesAmt0-64120
IRS990/PYSalariesCompEmpBnftPaidAmt01081273
IRS990/PYTotalExpensesAmt01635785
IRS990/PYTotalRevenueAmt01571665
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0190136
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt044259
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01399817
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01684778
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0918367
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02603145
IRS990ScheduleD/EquipmentGrp/BookValueAmt028335
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174545
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0202880
IRS990ScheduleD/LandGrp/BookValueAmt0692430
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0692430
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt068756
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0220091
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0288847
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02474299
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WE HAVE PUBLISHED OUR NONDISCRIMINATORY POLICY ON OUR PRINTED MATERIALS SUCH AS THE VIEWBOOK, PARENT/STUDENT HANDBOOK AND FACULTY HANDBOOK
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010249
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FALL FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028715
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt08718
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt06694
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt044127
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt028715
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt08718
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt06694
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt044127
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt033878
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0972
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010249
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05999
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03278
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY WAS PROVIDED TO THE BOARD BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE NEW BOARD MEMBER PACKET AT THE BEGINNING OF THE TERM. ALSO, ANY TIME A BOARD MEMBER SUGGESTS A VENDOR, THE QUESTION IS ASKED REGARDING RELATIONSHIP BETWEEN THE BOARD MEMBER AND THE VENDOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL INFORMATION IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3-4,392
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02610737
IRS990/TotalAssetsEOYAmt02763414
IRS990/TotalAssetsGrp/BOYAmt02610737
IRS990/TotalAssetsGrp/EOYAmt02763414
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt077805
IRS990/TotalEmployeeCnt047
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt056564
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0228899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01114847
IRS990/TotalFunctionalExpensesGrp/TotalAmt01400310
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01200491
IRS990/TotalLiabilitiesEOYAmt01167424
IRS990/TotalLiabilitiesGrp/BOYAmt01200491
IRS990/TotalLiabilitiesGrp/EOYAmt01167424
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01410246
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01595990
IRS990/TotalProgramServiceExpensesAmt01114847
IRS990/TotalProgramServiceRevenueAmt01399817
IRS990/TotalReportableCompFromOrgAmt085000
IRS990/TotalRevenueGrp/ExclusionAmt026285
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01452478
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01590446
IRS990/TotalVolunteersCnt050
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02610737
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02763414
IRS990/TravelGrp/ManagementAndGeneralAmt01931
IRS990/TravelGrp/ProgramServicesAmt0828
IRS990/TravelGrp/TotalAmt02759
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01410246
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01595990
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011810 LOCKWOOD
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077044
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.HTESHOUSTON.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0AUDREY RUSSELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum02814594323
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOLY TRINITY EPISCOPAL SCHOOL

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.$5.80$3.59$2.21$0.03$0.45$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.91$3.47$2.44$1.14$1.55$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$3.62$3.01$1.89$1.45$0.44
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.68$2.45$2.23$2.83$1.39$1.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$2.01$0.78$0.86$1.40$0.54
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.64$1.11$1.53$1.51$1.54$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$1.03$1.56$1.52$1.50$0.03
2017Detailed filing. Detailed filing data is available for this year.$2.76$1.17$1.60$1.59$1.40$0.19
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.61$1.20$1.41$1.57$1.64$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.79$1.32$1.47$1.36$1.65$0.29
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.14$1.37$1.76$1.68$1.52$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$1.43$1.56$1.55
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$2.32$1.00$1.50
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$2.48$0.87$1.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.34$2.72$0.62$2.59