Civic Intelligence

Team Wharton Inc.

990 • Fiscal year 2014 • EIN 76-0542950

Jan 01, 2014 to Dec 31, 2014 • Filed on Jul 20, 2015

622 Lakeshore DrWharton, TX 77488

(979) 282-7001

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

1st percentile

-9707%

Higher net margin than 1% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

20th percentile

-19%

Faster asset growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

2nd percentile

-97%

Faster revenue growth than 2% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$76,868

Down $18,541 (-19%) from 2013

Net Assets

Down

$76,868

Down $18,541 (-19%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$191

Down $5,504 (-97%) from 2013

Expenses

Down

$18,732

Down $204,919 (-92%) from 2013

Net Income

Up

-$18,541

Up $199,415 (+91%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,605,358Liabilities 2010: $0Net Assets 2010: $3,605,3582010Assets 2011: $344,037Liabilities 2011: $0Net Assets 2011: $344,0372011Assets 2012: $313,365Liabilities 2012: $0Net Assets 2012: $313,3652012Assets 2013: $95,409Liabilities 2013: $0Net Assets 2013: $95,4092013Assets 2014: $76,868Liabilities 2014: $0Net Assets 2014: $76,8682014Assets 2015: $54,308Liabilities 2015: $0Net Assets 2015: $54,3082015Assets 2016: $54,009Liabilities 2016: $0Net Assets 2016: $54,0092016Assets 2021: $41,858Liabilities 2021: $0Net Assets 2021: $41,8582021Assets 2022: $33,963Liabilities 2022: $0Net Assets 2022: $33,9632022Assets 2023: $26,865Net Assets 2023: $26,8652023Assets 2024: $57,161Net Assets 2024: $57,1612024

Highlighted filing

2014

Assets$76,868
Liabilities$0
Net Assets$76,868

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $229,1872010Expenses 2011: $3,617,8392011Revenue 2012: $157,047Expenses 2012: $187,719Net Income 2012: -$30,6722012Revenue 2013: $5,695Expenses 2013: $223,651Net Income 2013: -$217,9562013Revenue 2014: $191Expenses 2014: $18,732Net Income 2014: -$18,5412014Revenue 2015: $1,368Expenses 2015: $23,928Net Income 2015: -$22,5602015Revenue 2016: $101Expenses 2016: $400Net Income 2016: -$2992016Revenue 2021: $80,004Expenses 2021: $64,420Net Income 2021: $15,5842021Revenue 2022: $34,015Expenses 2022: $41,910Net Income 2022: -$7,8952022Revenue 2023: $68,640Expenses 2023: $75,738Net Income 2023: -$7,0982023Revenue 2024: $94,870Expenses 2024: $64,574Net Income 2024: $30,2962024

Highlighted filing

2014

Revenue$191
Expenses$18,732
Net Income-$18,541
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jul 20, 2015
Return Version
2014v5.0
Gross Receipts
$191
Mission and Program Overview

Mission

To provide funding of wharton area youth activities in a safe wholesome environment, to enhance community development, to combat community deterioration, to lessen the burden of government and to pursue other opportunities/necessities that may arise to make wharton area community a better, safer place for citizens to live and prosper.

To provide a youth activity center for wharton boys and girls club and to assistant in project of the city of wharton, texas for a qualitity of life enhancement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$95,409$76,868▼ $18,541
Total Assets$95,409$76,868▼ $18,541
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$95,409$76,868▼ $18,541
Total Net Assets Fund Balance$95,409$76,868▼ $18,541
Total Liabilities and Net Assets / Fund Balance$95,409$76,868▼ $18,541
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Dwight KingPresident
Jenne MerkaBoard Member
Ron SandersBoard Member
Billie JonesSec/treasure
Mickey ReynoldsVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$100
Program Service Revenue
$0
Investment Income
$91
Other Revenue
$0
All Other Contributions
$100
Change in Net Assets
$-18,541
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$18,732
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$18,625$7-$7
Total Functional Expenses$18,625$107$0$18,732
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
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, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Team Wharton Inc
EIN
76-0542950
Phone
9792827001
Address
622 LAKESHORE DR, WHARTON, TX 77488

Signing Officer

Name
Dwight King
Title
President
Phone
9792827001
Signed
2015-07-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Dwight King
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
P W Stephenson & Co Pc
Address
1609 NORTH RICHMOND ROAD, WHARTON, TX 77488
Preparer
Phil Stephenson
Phone
9795325964
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide a youth activity center for wharton boys and girls club and to assistant in project of the city of wharton, texas for a qualitity of life enhancement.

Form 990, Page 2, Part III, Line 4D

Provide quality of life for wharton community

Raw XML Appendix279 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/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/TREASURE
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROVIDE QUALITY OF LIFE FOR WHARTON COMMUNITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02016-03-07 17:11:31Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09792827001
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-07-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TEAM WHARTON INC
ReturnHeader/Filer/BusinessNameControlTxt0TEAM
ReturnHeader/Filer/EIN0760542950
ReturnHeader/Filer/PhoneNum09792827001
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ReturnHeader/Filer/USAddress/CityNm0WHARTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077488
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271465967
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0P W STEPHENSON & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01609 NORTH RICHMOND ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WHARTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077488
ReturnHeader/PreparerPersonGrp/PhoneNum09795325964
ReturnHeader/PreparerPersonGrp/PreparationDt02015-07-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PHIL STEPHENSON
ReturnHeader/ReturnTs02015-07-20T15:42:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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