Civic Intelligence

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

990 • Fiscal year 2018 • EIN 76-0452648

Jul 01, 2017 to Jun 30, 2018 • Filed on May 15, 2019

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

76th percentile

0.40x

Higher debt load relative to assets than 76% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

82nd percentile

0.68x

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

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

46th percentile

1.8%

Higher net margin than 46% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

78th percentile

$125,000

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

21st percentile

-6.1%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

30th percentile

-4.1%

Faster revenue growth than 30% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Down

$2,593,843

Down $169,571 (-6.1%) from 2017

Net Assets

Down

$1,561,579

Down $34,411 (-2.2%) from 2017

Liabilities

Down

$1,032,264

Down $135,160 (-12%) from 2017

Revenue

Down

$1,524,941

Down $65,505 (-4.1%) from 2017

Expenses

Up

$1,497,060

Up $96,750 (+6.9%) from 2017

Net Income

Down

$27,881

Down $162,255 (-85%) from 2017

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

2018

Assets$2,593,843
Liabilities$1,032,264
Net Assets$1,561,579

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

2018

Revenue$1,524,941
Expenses$1,497,060
Net Income$27,881
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$1,543,885
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$2,474,299$2,300,060▼ $174,239
Cash and Non-Interest-Bearing Accounts$245,500$298,675▲ $53,175
Pledges and Grants Receivable$40,615$11,179▼ $29,436
Prepaid Expenses and Deferred Charges$3,000$3,000→ $0
Total Assets$2,763,414$2,593,843▼ $169,571
Other Assets Total-$-19,071-
Liabilities
Mortgage Notes Payable Secured by Investment Property$986,937$950,080▼ $36,857
Accounts Payable and Accrued Expenses$180,487$82,184▼ $98,303
Total Liabilities$1,167,424$1,032,264▼ $135,160
Net Assets / Fund Balance
Unrestricted Net Assets$1,595,990$1,561,579▼ $34,411
Total Net Assets Fund Balance$1,595,990$1,561,579▼ $34,411
Total Liabilities and Net Assets / Fund Balance$2,763,414$2,593,843▼ $169,571

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,674,313$938,614$2,612,927
Land$692,430-$692,430
Leasehold Improvements$29,144$261,862$291,006
Equipment$-95,827$298,706$202,879
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Troy RoddyHead of SchoFT$125,000$125,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$66,586
Program Service Revenue
$1,347,496
Investment Income
$27,760
Other Revenue
$83,099
All Other Contributions
$66,586
Change in Net Assets
$27,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$906,347
Other Expenses$590,713
Total Fundraising Expense$47,627
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$705,681$83,021$41,511$830,213
Depreciation Depletion$86,480$5,520-$92,000
Payroll Taxes$55,292$7,806$1,951$65,049
Other Expenses$48,407$44,428-$44,428
All Other Expenses$14,995$27,306$219$42,520
Interest$32,559$2,894$724$36,177
Fees for Services Accounting-$31,640-$31,640
Office Expenses$8,148$10,185$2,037$20,370
Insurance$11,845$2,167$433$14,445
Other Employee Benefits$9,442$1,330$313$11,085
Information Technology$4,071$718-$4,789
Travel$314$732-$1,046
Advertising-$439$439$878
Total Functional Expenses$1,219,505$229,928$47,627$1,497,060
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,335
Fundraising Direct Expenses$18,944
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Festival$15,422$15,422$3,554$11,868
Gala$11,645$11,645$9,639$2,006
Total Events$32,335$32,335$18,944$13,391
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
Troy Roddy
Title
Head of School
Phone
2814594323
Signed
2019-05-15

Organization Details

Principal Officer
Troy Roddy
Formed
1995
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
0
Employees
45
Volunteers
10

Preparer

Firm
Abip Pc
Address
1717 SAINT JAMES PL STE 500, HOUSTON, TX 77056-3474
Preparer
Richard Dyo CPA
Phone
7139542002
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IRS990/PYContributionsGrantsAmt077805
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt026285
IRS990/PYOtherExpensesAmt0428014
IRS990/PYOtherRevenueAmt086539
IRS990/PYProgramServiceRevenueAmt01399817
IRS990/PYRevenuesLessExpensesAmt0190136
IRS990/PYSalariesCompEmpBnftPaidAmt0972296
IRS990/PYTotalExpensesAmt01400310
IRS990/PYTotalRevenueAmt01590446
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt027881
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt054458
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01417204
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01674313
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0938614
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02612927
IRS990ScheduleD/EquipmentGrp/BookValueAmt0-95827
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0298706
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0202879
IRS990ScheduleD/LandGrp/BookValueAmt0692430
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0692430
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt029144
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0261862
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0291006
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02300060
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/DirectExpenseSummaryEventsAmt018944
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FALL FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt015422
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt011645
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt05268
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt032335
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015422
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt011645
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt05268
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt032335
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013391
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt05751
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018944
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03554
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt09639
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/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
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02763414
IRS990/TotalAssetsEOYAmt02593843
IRS990/TotalAssetsGrp/BOYAmt02763414
IRS990/TotalAssetsGrp/EOYAmt02593843
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt066586
IRS990/TotalEmployeeCnt045
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt047627
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0229928
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01219505
IRS990/TotalFunctionalExpensesGrp/TotalAmt01497060
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01167424
IRS990/TotalLiabilitiesEOYAmt01032264
IRS990/TotalLiabilitiesGrp/BOYAmt01167424
IRS990/TotalLiabilitiesGrp/EOYAmt01032264
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01595990
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01561579
IRS990/TotalProgramServiceExpensesAmt01219505
IRS990/TotalProgramServiceRevenueAmt01347496
IRS990/TotalReportableCompFromOrgAmt0125000
IRS990/TotalRevenueGrp/ExclusionAmt027760
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01417204
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01524941
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02763414
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02593843
IRS990/TravelGrp/ManagementAndGeneralAmt0732
IRS990/TravelGrp/ProgramServicesAmt0314
IRS990/TravelGrp/TotalAmt01046
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01595990
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01561579
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011810 LOCKWOOD
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077044
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.HTESHOUSTON.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TROY RODDY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0HEAD OF SCHOOL
ReturnHeader/BusinessOfficerGrp/PhoneNum02814594323
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-15
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
2018Detailed filing. Detailed filing data is available for this year.$2.59$1.03$1.56$1.52$1.50$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$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