Civic Intelligence

Chinquapin School Endowment Inc.

990 • Fiscal year 2013 • EIN 76-0458756

Jul 01, 2012 to Jun 30, 2013 • Filed on May 07, 2014

2615 E Wallisville Road77562
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$9,267,691

Flat from 2013

Net Assets

Flat

$9,267,691

Flat from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$382,826

Flat from 2013

Net Income

-

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.

$15M$10M$5.0M$0Assets 2010: $8,339,318Liabilities 2010: $0Net Assets 2010: $8,339,3182010Assets 2011: $9,050,582Liabilities 2011: $0Net Assets 2011: $9,050,5822011Assets 2012: $8,615,471Liabilities 2012: $0Net Assets 2012: $8,615,4712012Assets 2013: $9,267,691Liabilities 2013: $0Net Assets 2013: $9,267,6912013Assets 2013: $9,267,691Liabilities 2013: $0Net Assets 2013: $9,267,6912013Assets 2014: $10,080,015Liabilities 2014: $0Net Assets 2014: $10,080,0152014Assets 2015: $9,621,032Liabilities 2015: $0Net Assets 2015: $9,621,0322015Assets 2016: $8,756,423Liabilities 2016: $0Net Assets 2016: $8,756,4232016Assets 2017: $9,475,837Liabilities 2017: $0Net Assets 2017: $9,475,8372017Assets 2018: $9,836,916Liabilities 2018: $0Net Assets 2018: $9,836,9162018Assets 2019: $9,666,146Liabilities 2019: $0Net Assets 2019: $9,666,1462019Assets 2020: $9,780,472Liabilities 2020: $0Net Assets 2020: $9,780,4722020Assets 2021: $12,370,600Liabilities 2021: $0Net Assets 2021: $12,370,6002021Assets 2022: $10,061,111Liabilities 2022: $0Net Assets 2022: $10,061,1112022Assets 2023: $10,905,359Liabilities 2023: $0Net Assets 2023: $10,905,3592023Assets 2024: $12,972,667Liabilities 2024: $166,668Net Assets 2024: $12,805,9992024

Highlighted filing

2013

Assets$9,267,691
Liabilities$0
Net Assets$9,267,691

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $339,8522010Expenses 2011: $470,0042011Expenses 2012: $567,3552012Expenses 2013: $382,8262013Revenue 2013: $376,745Expenses 2013: $382,826Net Income 2013: -$6,0812013Revenue 2014: $1,011,249Expenses 2014: $372,080Net Income 2014: $639,1692014Revenue 2015: $647,207Expenses 2015: $381,112Net Income 2015: $266,0952015Revenue 2016: $459,949Expenses 2016: $580,816Net Income 2016: -$120,8672016Revenue 2017: $31,616Expenses 2017: $316,427Net Income 2017: -$284,8112017Revenue 2018: $1,355,428Expenses 2018: $323,907Net Income 2018: $1,031,5212018Revenue 2019: $640,012Expenses 2019: $400,971Net Income 2019: $239,0412019Revenue 2020: -$15,267Expenses 2020: $401,480Net Income 2020: -$416,7472020Revenue 2021: $168,895Expenses 2021: $368,080Net Income 2021: -$199,1852021Revenue 2022: $1,707,063Expenses 2022: $422,583Net Income 2022: $1,284,4802022Revenue 2023: $1,209,411Expenses 2023: $442,809Net Income 2023: $766,6022023Revenue 2024: $1,017,812Expenses 2024: $461,583Net Income 2024: $556,2292024

Highlighted filing

2013

Revenue-
Expenses$382,826
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 7, 2014
Return Version
2012v2.0
Gross Receipts
$441,344
Mission and Program Overview

Mission

The Chinquapin School Endowment, Inc. was organized for educational and charitable purposes and is operated exclusively for the benefit of the Chinquapin Preparatory School.

Filing and Contact Details

Filer

EIN
76-0458756
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IRS990/Description0The Endowment's primary purpose is to provide financial support for the educational programs and facilities of the Chinquapin Preparatory School. The Chinquapin Preparatory School is dedicated to providing a high quality college-preparatory education to able and deserving boys and girls, grades 6 through 12, from low-income Houston area families. Boys in grades 7 through 12 live on campus Monday through Friday and other students are transported daily. Through the rigorous curriculum and an emphasis on community service, the School hopes to produce responsible, well-educated citizens who will become constructive leaders in the community.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0The Endowment's primary purpose is to provide financial support for the educational programs and facilities of the Chinquapin School.
IRS990ScheduleD/Form990ScheduleDPartXIII/Identifier0Part V, Line 4
IRS990ScheduleD/Form990ScheduleDPartXIII/ReturnReference0Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/PermanentEndowmentEOYBalance00.91260
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IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0The Endowment's sole purpose is to support The Chinquapin School by managing the investment of certain endowment funds of the School and distributing appropriate funds to the School each year for general operating expenses. This organization has a written Spending Policy which contains a formula that contemplates an annual distribution to the School of a percentage of the assets of the endowment funds in compliance with the guidelines and parameters of the Texas Uniform Prudent Management of Institutional Funds Act. This organization reviews the annual budget of the School to review use of the distributions.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0Grantmaker's Description of How Grants are Used
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IRS990ScheduleO/GeneralExplanation/Explanation0An audit of the consolidated statements of financial position of The Chinquapin School and Chinquapin School Endowment, Inc. was conducted for the year ended June 30, 2013.
IRS990ScheduleO/GeneralExplanation/Explanation1Upon request.
IRS990ScheduleO/GeneralExplanation/Explanation2The Endowment has a written Conflict of Interest Policy. Each year shortly after the end of the organization's fiscal year (June 30) each officer and trustee of the organization completes and signs a Conflicts of Interest Questionnaire attesting as to the officer and trustee having read the policy and whether he had a conflict of interest since the beginning of the subject fiscal year, and if so, describing it. The Board of Trustees reviews the completed Questionnaires and verifies whether there has been a potential violation of the policy. To date, there has never been reported a conflict of interest.
IRS990ScheduleO/GeneralExplanation/Explanation3The Form 990 is reviewed by the Board of Directors prior to filing.
IRS990ScheduleO/GeneralExplanation/Explanation4The Chinquapin Preparatory School is the sole member Chinquapin School Endowment, Inc.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 11b
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 6
IRS990ScheduleO/GeneralExplanation/ReturnReference0Consolidated Audit
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
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IRS990/TheBooksAreInCareOf/NamePerson0Eddie Allen
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IRS990/TotalFunctionalExpenses/ProgramServices0376000
IRS990/TotalFunctionalExpenses/Total0382826
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IRS990/TotalLiabilities/BOY00
IRS990/TotalLiabilities/EOY00
IRS990/TotalLiabilitiesEOY00
IRS990/TotalLiabNetAssetsFundBalances/BOY08615471
IRS990/TotalLiabNetAssetsFundBalances/EOY09267691
IRS990/TotalNbrEmployees00
IRS990/TotalNetAssetsFundBalances/BOY08615471
IRS990/TotalNetAssetsFundBalances/EOY09267691
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IRS990/TotalProfFundrsngExpCY00
IRS990/TotalProgramServiceExpense0376000

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.$13.0$0.17$12.8$1.02$0.46$0.56
2023Summary only. Only limited summary data is available for this year.$10.9$0.00$10.9$1.21$0.44$0.77
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.00$10.1$1.71$0.42$1.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.00$12.4$0.17$0.37$0.20
2020Summary only. Only limited summary data is available for this year.$9.78$0.00$9.78$0.02$0.40$0.42
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.67$0.00$9.67$0.64$0.40$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.84$0.00$9.84$1.36$0.32$1.03
2017Summary only. Only limited summary data is available for this year.$9.48$0.00$9.48$0.03$0.32$0.28
2016Summary only. Only limited summary data is available for this year.$8.76$0.00$8.76$0.46$0.58$0.12
2015Detailed filing. Detailed filing data is available for this year.$9.62$0.00$9.62$0.65$0.38$0.27
2014Summary only. Only limited summary data is available for this year.$10.1$0.00$10.1$1.01$0.37$0.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.27$0.00$9.27$0.38
2013Summary only. Only limited summary data is available for this year.$9.27$0.00$9.27$0.38$0.38$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.62$0.00$8.62$0.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.05$0.00$9.05$0.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.34$0.00$8.34$0.34