Civic Intelligence

Fozzy'S Future Heroes

990 • Fiscal year 2017 • EIN 81-1119117

Jan 01, 2017 to Dec 31, 2017 • Filed on Mar 09, 2019

Organization ProfileWWW.FOZZYSFUTUREHEROS.COM
3713 Venezia ViewLeander, TX 78641

(713) 882-1706

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

81st percentile

26%

Higher net margin than 81% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Balance Sheet
Liabilities / Assets56th percentile

Assets

$11,207

No earlier filing loaded for comparison.

Net Assets

$11,207

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin81st percentile

Revenue

$42,977

No earlier filing loaded for comparison.

Expenses

$31,770

No earlier filing loaded for comparison.

Net Income

$11,207

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$30K$20K$10K$0Assets 2017: $11,207Liabilities 2017: $0Net Assets 2017: $11,2072017Assets 2018: $8,869Liabilities 2018: $0Net Assets 2018: $8,8692018Assets 2019: $5,117Liabilities 2019: $0Net Assets 2019: $5,1172019Assets 2022: $28,641Liabilities 2022: $0Net Assets 2022: $28,6412022Assets 2024: $121Liabilities 2024: $0Net Assets 2024: $1212024

Highlighted filing

2017

Assets$11,207
Liabilities$0
Net Assets$11,207
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$60K$40K$20K$0-$20KRevenue 2017: $42,977Expenses 2017: $31,770Net Income 2017: $11,2072017Revenue 2018: $11,174Expenses 2018: $13,512Net Income 2018: -$2,3382018Revenue 2019: $2,862Expenses 2019: $6,614Net Income 2019: -$3,7522019Revenue 2022: $1,643Expenses 2022: $4,799Net Income 2022: -$3,1562022Revenue 2024: $9,525Expenses 2024: $9,404Net Income 2024: $1212024

Highlighted filing

2017

Revenue$42,977
Expenses$31,770
Net Income$11,207
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Mar 9, 2019
Return Version
2017v2.3
Gross Receipts
$42,977
Mission and Program Overview

Mission

Fozzys Future Heroes is a 501 c 3 organization that aims to encourage and support the development of youth in areas of athletics and education, in order to develop well rounded heroes of our future

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$11,207-
Total Assets$0$11,207▲ $11,207
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets-$11,207-
Total Net Assets Fund Balance$0$11,207▲ $11,207
Total Liabilities and Net Assets / Fund Balance$0$11,207▲ $11,207
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Foswhitt WhittakerExec. Director
Revenue and Support

Revenue Composition

Contributions and Grants
$42,977
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$42,977
Change in Net Assets
$11,207
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,770
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
Occupancy$15,000--$15,000
Fees for Services Other$4,640--$4,640
Insurance$2,200--$2,200
Fees for Services Legal$59--$59
Other Expenses$9--$9
Total Functional Expenses$31,770$0$0$31,770
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
FOZZY'S FUTURE HEROES
EIN
81-1119117
Phone
7138821706
Address
3713 VENEZIA VIEW, LEANDER, TX 78641

Signing Officer

Name
Foswhitt Whittaker
Title
Exec Director
Signed
2019-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Foswhitt Whittaker
Formed
2016
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
30

Preparer

Firm
Zeno & Associates
Address
1075 W GRIFFIN ST, DALLAS, TX 75215
Preparer
Leon Zeno
Phone
2144282726
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line LINE 1

“Fozzys Future Heroes is a 501 c 3 organization that aims to encourage and support the development of youth in areas of athletics and education, in order to develop well rounded heroes of our future”

Form 990, Part IX, Line LINE 11G

“Professional athletes were paid an appearance fee for assisting with the camps.”

Raw XML Appendix254 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/GrantsToIndividualsInd0false
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IRS990/IRPDocumentCnt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROFESSIONAL ATHLETES WERE PAID AN APPEARANCE FEE FOR ASSISTING WITH THE CAMPS.
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ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,207
Liabilities
$0
Net assets
$11,207
Revenue
$42,977
Expenses
$31,770
Net income
$11,207
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.00$0.12$9.53$9.40$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.6$0.00$28.6$1.64$4.80$3.16
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.12$0.00$5.12$2.86$6.61$3.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.87$0.00$8.87$11.2$13.5$2.34
2017Detailed filing. Detailed filing data is available for this year.$11.2$0.00$11.2$43.0$31.8$11.2