Civic Intelligence

Texas Forest Country Community Foundation

990 • Fiscal year 2019 • EIN 81-1282608

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 17, 2020

PO Box 154125Lufkin, TX 75915

(936) 569-4799

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

2nd percentile

-347%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

22nd percentile

-17%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-98%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$321,293

Down $67,397 (-17%) from 2018

Net Assets

Down

$321,293

Down $67,397 (-17%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$19,400

Down $880,600 (-98%) from 2018

Expenses

Down

$86,797

Down $425,297 (-83%) from 2018

Net Income

Down

-$67,397

Down $455,303 (-117%) from 2018

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2018: $388,690Liabilities 2018: $0Net Assets 2018: $388,6902018Assets 2019: $321,293Liabilities 2019: $0Net Assets 2019: $321,2932019Assets 2020: $281,736Liabilities 2020: $50,000Net Assets 2020: $231,7362020Assets 2021: $283,749Liabilities 2021: $100,698Net Assets 2021: $183,0512021Assets 2022: $44,497Liabilities 2022: $690Net Assets 2022: $43,8072022Assets 2023: $30,665Net Assets 2023: $30,6652023

Highlighted filing

2019

Assets$321,293
Liabilities$0
Net Assets$321,293

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2018: $900,000Expenses 2018: $512,094Net Income 2018: $387,9062018Revenue 2019: $19,400Expenses 2019: $86,797Net Income 2019: -$67,3972019Revenue 2020: $44,234Expenses 2020: $133,791Net Income 2020: -$89,5572020Revenue 2021: $27,425Expenses 2021: $76,110Net Income 2021: -$48,6852021Revenue 2022: -$50,939Expenses 2022: $88,305Net Income 2022: -$139,2442022Revenue 2023: $12,187Expenses 2023: $25,329Net Income 2023: -$13,1422023

Highlighted filing

2019

Revenue$19,400
Expenses$86,797
Net Income-$67,397
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 17, 2020
Return Version
2019v5.0
Gross Receipts
$19,400
Mission and Program Overview

Mission

The mission of the foundation is to enrich our region of texas by providing professional management services to donors for their charitable causes, awarding visionary grants and scholarships, and nurturing collaborations in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$388,690$321,293▼ $67,397
Accounts Receivable$300,000$300,000→ $0
Cash and Non-Interest-Bearing Accounts$88,690$21,293▼ $67,397
Total Assets$388,690$321,293▼ $67,397
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$388,690$321,293▼ $67,397
Total Liabilities and Net Assets / Fund Balance$388,690$321,293▼ $67,397
Compensation and Service Providers

Board Members and Trustees

NameTitle
John AndersonBoard Chairm
Jim McreynoldsBoard Member
Travis Mast IiiBoard Member
Buddy ZeaglerSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$7,400
Program Service Revenue
$12,000
Investment Income
$0
Other Revenue
$0
All Other Contributions
$7,400
Change in Net Assets
$-67,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$64,590
Other Expenses$22,207
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$60,000--$60,000
Payroll Taxes$4,590--$4,590
Fees for Services Accounting$3,807--$3,807
Office Expenses$3,352--$3,352
Fees for Services Legal$2,475--$2,475
Travel$1,446--$1,446
Insurance$598--$598
Other Expenses$500--$500
Total Functional Expenses$86,797$0$0$86,797
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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, Page 6, Part VI, Line 11B

The chairman of the board of directors, all other officers of the board and executive director will review the form 990.

Form 990, Page 6, Part VI, Line 12C

The texas forest country community foundation board is required to disclose any actual or possible conflicts of interest. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the foundation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the foundation's best interest, for its own benefit, and whether it is fair and reasonable.

Form 990, Page 6, Part VI, Line 19

Disclosure of governing documents, policies and financial statements are posted on own website or given upon request.

Filing and Contact Details

Filer

Filer Name
Texas Forest Country Community
EIN
81-1282608
Phone
9365694799
Address
PO BOX 154125, LUFKIN, TX 75915
Doing Business As
Foundation

Signing Officer

Name
John Anderson
Title
Board Chairman
Phone
9366710214
Signed
2020-06-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Anderson
Voting Board Members
4
Independent Board Members
4
Employees
1

Preparer

Firm
Axley & Rode Llp
Address
PO BOX 1388, LUFKIN, TX 75902-1388
Preparer
Lori a Lamb Pc CPA
Phone
9366346621
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the foundation is to enrich our region of texas by providing professional management services to donors for their charitable causes, awarding visionary grants and scholarships, and nurturing collaborations in our community.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE FOUNDATION IS TO ENRICH OUR REGION OF TEXAS BY PROVIDING PROFESSIONAL MANAGEMENT SERVICES TO DONORS FOR THEIR CHARITABLE CAUSES, AWARDING VISIONARY GRANTS AND SCHOLARSHIPS, AND NURTURING COLLABORATIONS IN OUR COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIRMAN OF THE BOARD OF DIRECTORS, ALL OTHER OFFICERS OF THE BOARD AND EXECUTIVE DIRECTOR WILL REVIEW THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TEXAS FOREST COUNTRY COMMUNITY FOUNDATION BOARD IS REQUIRED TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE POSTED ON OWN WEBSITE OR GIVEN UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI A LAMB PC CPA
ReturnHeader/ReturnTs02020-06-30T10:08:28-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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