Civic Intelligence

Home Run Ministries Incorporated

990 • Fiscal year 2015 • EIN 76-0549144

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 27, 2015

PO Box 5926Kingwood, TX 77325

(281) 705-7208

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

58th percentile

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

25th percentile

-8.3%

Higher net margin than 25% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$14,421

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

19th percentile

-22%

Faster asset growth than 19% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

28th percentile

-15%

Faster revenue growth than 28% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$115,804

Down $32,221 (-22%) from 2014

Net Assets

Down

$114,871

Down $30,873 (-21%) from 2014

Liabilities

Down

$933

Down $1,348 (-59%) from 2014

Revenue

Down

$373,894

Down $67,369 (-15%) from 2014

Expenses

Up

$404,767

Up $17,748 (+4.6%) from 2014

Net Income

Down

-$30,873

Down $85,117 (-157%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $90,625Liabilities 2011: $929Net Assets 2011: $89,6962011Assets 2012: $76,632Liabilities 2012: $1,414Net Assets 2012: $75,2182012Assets 2013: $138,969Liabilities 2013: $47,469Net Assets 2013: $91,5002013Assets 2014: $148,025Liabilities 2014: $2,281Net Assets 2014: $145,7442014Assets 2015: $115,804Liabilities 2015: $933Net Assets 2015: $114,8712015Assets 2016: $128,153Liabilities 2016: $2,670Net Assets 2016: $125,4832016Assets 2017: $163,505Liabilities 2017: $1,928Net Assets 2017: $161,5772017Assets 2019: $298,439Liabilities 2019: $25,499Net Assets 2019: $272,9402019Assets 2020: $283,512Liabilities 2020: $2,793Net Assets 2020: $280,7192020Assets 2021: $467,620Liabilities 2021: $2,361Net Assets 2021: $465,2592021Assets 2022: $623,992Liabilities 2022: $3,086Net Assets 2022: $620,9062022Assets 2023: $743,858Liabilities 2023: $1,817Net Assets 2023: $742,0412023Assets 2024: $874,303Liabilities 2024: $1,768Net Assets 2024: $872,5352024

Highlighted filing

2015

Assets$115,804
Liabilities$933
Net Assets$114,871

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $231,780Expenses 2011: $219,952Net Income 2011: $11,8282011Revenue 2012: $280,722Expenses 2012: $295,200Net Income 2012: -$14,4782012Expenses 2013: $347,8172013Revenue 2014: $441,263Expenses 2014: $387,019Net Income 2014: $54,2442014Revenue 2015: $373,894Expenses 2015: $404,767Net Income 2015: -$30,8732015Revenue 2016: $438,878Expenses 2016: $429,632Net Income 2016: $9,2462016Revenue 2017: $447,645Expenses 2017: $414,350Net Income 2017: $33,2952017Revenue 2019: $677,398Expenses 2019: $648,862Net Income 2019: $28,5362019Revenue 2020: $597,817Expenses 2020: $590,978Net Income 2020: $6,8392020Revenue 2021: $809,020Expenses 2021: $617,718Net Income 2021: $191,3022021Revenue 2022: $1,039,974Expenses 2022: $884,327Net Income 2022: $155,6472022Revenue 2023: $1,104,662Expenses 2023: $983,527Net Income 2023: $121,1352023Revenue 2024: $615,280Expenses 2024: $655,359Net Income 2024: -$40,0792024

Highlighted filing

2015

Revenue$373,894
Expenses$404,767
Net Income-$30,873
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 27, 2015
Return Version
2014v5.0
Gross Receipts
$387,674
Mission and Program Overview

Mission

To provide classes, testing and extracurricular activities for home schooling in northeast houston, tx area in order to aid families in christian education and training of their children.

Home run ministries is a christian (not for profit) service organziation whose purpose is to provide classes, testing and estracurricular activities for home schooling in northeast houston, tx area in order to aid families in the christian education and training of their children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$145,744$114,871▼ $30,873
Savings and Temporary Cash Investments$96,147$96,235▲ $88
Cash and Non-Interest-Bearing Accounts$51,878$19,569▼ $32,309
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$148,025$115,804▼ $32,221
Other Assets Total-$0-
Liabilities
Other Liabilities$2,281$933▼ $1,348
Total Liabilities$2,281$933▼ $1,348
Net Assets / Fund Balance
Total Net Assets Fund Balance$145,744$114,871▼ $30,873
Total Liabilities and Net Assets / Fund Balance$148,025$115,804▼ $32,221
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anne TrapaniExecutive DirectorPT$14,421$14,421

Board Members and Trustees

NameTitle
Adel ZappasodiPresident
Heather PucaVice President
Brian DannenfelserTrustee
David ZappasodiTrustee
Fabiola RichardsTrustee
Steve JaySecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$3,109
Program Service Revenue
$371,434
Investment Income
$96
Other Revenue
$-745
All Other Contributions
$3,109
Change in Net Assets
$-30,873
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$296,326
Other Expenses$100,048
Grants and Similar Amounts Paid$8,393
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,802$25,978-$259,780
Occupancy$29,540--$29,540
Fees for Services Other$20,891$3,752-$24,643
Payroll Taxes$19,913$2,212-$22,125
Office Expenses$1,354$16,336-$17,690
Current Officers, Directors, Trustees, and Key Employees$12,979$1,442-$14,421
Grants to Domestic Individuals$8,393--$8,393
Insurance-$3,970-$3,970
Other Expenses$1,532$1,124-$1,124
All Other Expenses$683$242-$925
Advertising-$90-$90
Total Functional Expenses$348,838$55,929$0$404,767
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$473
Payroll Tax Payable$249
Sales Tax Payable$211
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Adel zappasodi and david zappasodi are married.

Form 990, Part VI, Line 11B: Form 990 Review Process

The board will review each annual 990 before it is filed

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Home run ministries board of directors will be creating, reviewing, approving, and implementing a conflict of interest policy for the year 2015.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's documents articles of incorporation, bylaws, financial statements and form 990s are available upon request at the office of records during regular business hours.

Filing and Contact Details

Filer

Filer Name
Home Run Ministries
EIN
76-0549144
Phone
2817057208
Address
PO Box 5926, Kingwood, TX 77325

Signing Officer

Name
Adel Zappasodi
Title
President
Signed
2015-10-27
Discuss with paid preparer
Yes

Organization Details

Formed
1997
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
121
Volunteers
18

Preparer

Firm
Ronald Blue & Co Cpas & Consultants Llp
Address
60 E Rio Salado Pkwy Suite 703, Tempe, AZ 85281-9501
Preparer
Michael L McLaren CPA
Phone
4802147476
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: exploration classes provide additional enrichment programs, which allow these students to participate in additional learning programs.

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IRS990/ProgramServiceRevenueGrp/Desc0ACADEMIC
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IRS990/ProgramServiceRevenueGrp/Desc2Other program services
IRS990/ProgramServiceRevenueGrp/Desc3TESTING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0209354
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1129579
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt228271
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt34230
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0209354
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1129579
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt228271
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt34230
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPER FRIDAY ENRICHMENT CLASSES REACH APPROXIMATELY 350 STUDENTS FOR 13 WEEKS TWICE A YEAR. IT PROVIDES ENRICHMENT PROGRAMS, WHICH ALLOW THESE HOMESCHOOL STUDENTS TO MEET ON ANOTHER AND THE PARENTS TO RECEIVE SUPPORT BY MEETING OTHER PARENTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0112326
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0129579
IRS990/ProgSrvcAccomActy3Grp/Desc0THE SAT PREPARATORY CLASSES REACH APPROXIMATELY 80 STUDENTS. IT PROVIDES SCHOLASTIC APTITUDE TEST CLASSES FOR HOMESCHOOL FAMILIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08023
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt028271
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02874
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05426
IRS990/PYInvestmentIncomeAmt01508
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0105908
IRS990/PYOtherRevenueAmt0-2607
IRS990/PYProgramServiceRevenueAmt0439488
IRS990/PYRevenuesLessExpensesAmt054244
IRS990/PYSalariesCompEmpBnftPaidAmt0275685
IRS990/PYTotalExpensesAmt0387019
IRS990/PYTotalRevenueAmt0441263
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-30873
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0209354
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0145744
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0114871
IRS990/SavingsAndTempCashInvstGrp/BOYAmt096147
IRS990/SavingsAndTempCashInvstGrp/EOYAmt096235
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0473
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1249
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2211
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAX PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SALES TAX PAYABLE
IRS990ScheduleD/TotalLiabilityAmt0933
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/ExplanationTxt0THE ORGANIZATION'S RACIALLY NONDISCRIMINATORY POLICY IS MADE AVAILABLE TO ALL PROSPECTIVE STUDENTS AT THE TIME THAT REGISTRATION MATERIALS ARE DISTRIBUTED. IT IS NOTED ON THE REGISTRATION MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule E, Line 4 - Explanation of Records and Materials Not Maintained
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc2Schedule E, Line 5 - Explanation of Organization Discrimination by Race
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt08393
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt014
IRS990ScheduleI/Total501c3OrgCnt00
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: EXPLORATION CLASSES PROVIDE ADDITIONAL ENRICHMENT PROGRAMS, WHICH ALLOW THESE STUDENTS TO PARTICIPATE IN ADDITIONAL LEARNING PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ADEL ZAPPASODI AND DAVID ZAPPASODI ARE MARRIED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD WILL REVIEW EACH ANNUAL 990 BEFORE IT IS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOME RUN MINISTRIES BOARD OF DIRECTORS WILL BE CREATING, REVIEWING, APPROVING, AND IMPLEMENTING A CONFLICT OF INTEREST POLICY FOR THE YEAR 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S DOCUMENTS ARTICLES OF INCORPORATION, BYLAWS, FINANCIAL STATEMENTS AND FORM 990S ARE AVAILABLE UPON REQUEST AT THE OFFICE OF RECORDS DURING REGULAR BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0148025
IRS990/TotalAssetsEOYAmt0115804
IRS990/TotalAssetsGrp/BOYAmt0148025
IRS990/TotalAssetsGrp/EOYAmt0115804
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03109
IRS990/TotalEmployeeCnt0121
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055929
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0348838
IRS990/TotalFunctionalExpensesGrp/TotalAmt0404767
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02281
IRS990/TotalLiabilitiesEOYAmt0933
IRS990/TotalLiabilitiesGrp/BOYAmt02281
IRS990/TotalLiabilitiesGrp/EOYAmt0933
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0145744
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0114871
IRS990/TotalOtherProgSrvcExpenseAmt07674
IRS990/TotalOtherProgSrvcRevenueAmt04230
IRS990/TotalProgramServiceExpensesAmt0348838
IRS990/TotalProgramServiceRevenueAmt0371434
IRS990/TotalReportableCompFromOrgAmt014421
IRS990/TotalRevenueGrp/ExclusionAmt096
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0370689
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0373894
IRS990/TotalVolunteersCnt018
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0148025
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0115804

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