Civic Intelligence

Bonton Enterprises

990 • Fiscal year 2022 • EIN 81-3243887

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

2612 Valentine StreetDallas, TX 75215-9998

(972) 982-2245

Siviq Scores

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

Liabilities / Assets

19th percentile

0.02x

Higher debt load relative to assets than 19% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

13th percentile

0.03x

Higher debt load relative to revenue than 13% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

90th percentile

52%

Higher net margin than 90% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

98th percentile

184%

Faster asset growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

86th percentile

48%

Faster revenue growth than 86% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$14,266,659

Flat from 2022

Net Assets

Flat

$14,000,285

Flat from 2022

Liabilities

Flat

$266,374

Flat from 2022

Revenue

Flat

$10,237,369

Flat from 2022

Expenses

Flat

$4,869,601

Flat from 2022

Net Income

Flat

$5,367,768

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2018: $78,115Liabilities 2018: $4,513Net Assets 2018: $73,6022018Assets 2019: $203,628Liabilities 2019: $4,719Net Assets 2019: $198,9092019Assets 2020: $435,033Liabilities 2020: $32,841Net Assets 2020: $402,1922020Assets 2021: $5,018,749Liabilities 2021: $150,110Net Assets 2021: $4,868,6392021Assets 2022: $14,266,659Liabilities 2022: $266,374Net Assets 2022: $14,000,2852022Assets 2022: $14,266,659Liabilities 2022: $266,374Net Assets 2022: $14,000,2852022Assets 2023: $13,456,059Liabilities 2023: $1,771,682Net Assets 2023: $11,684,3772023Assets 2024: $4,347,682Liabilities 2024: $268,453Net Assets 2024: $4,079,2292024

Highlighted filing

2022

Assets$14,266,659
Liabilities$266,374
Net Assets$14,000,285

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2018: $383,087Expenses 2018: $309,485Net Income 2018: $73,6022018Revenue 2019: $596,193Expenses 2019: $471,986Net Income 2019: $124,2072019Revenue 2020: $1,443,739Expenses 2020: $1,251,934Net Income 2020: $191,8052020Revenue 2021: $6,924,960Expenses 2021: $2,248,074Net Income 2021: $4,676,8862021Revenue 2022: $10,237,369Expenses 2022: $4,869,601Net Income 2022: $5,367,7682022Revenue 2022: $10,237,369Expenses 2022: $4,869,601Net Income 2022: $5,367,7682022Revenue 2023: $6,556,783Expenses 2023: $5,527,196Net Income 2023: $1,029,5872023Revenue 2024: $9,162,649Expenses 2024: $11,724,198Net Income 2024: -$2,561,5492024

Highlighted filing

2022

Revenue$10,237,369
Expenses$4,869,601
Net Income$5,367,768
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$10,731,934
Mission and Program Overview

Mission

We transform lives by disrupting systems of inequity, laying a foundation where change yields health, wholeness and opportunity as the norm.

To provide educational programming designed to provide life skills and job skills training to at risk residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$918,199$7,552,659▲ $6,634,460
Land, Buildings, and Equipment, Net$121,945$3,561,383▲ $3,439,438
Pledges and Grants Receivable$2,450,000$3,055,000▲ $605,000
Accounts Receivable$1,417,454$57,184▼ $1,360,270
Prepaid Expenses and Deferred Charges$60,909$20,946▼ $39,963
Inventories for Sale or Use$50,242$19,487▼ $30,755
Total Assets$5,018,749$14,266,659▲ $9,247,910
Liabilities
Accounts Payable and Accrued Expenses$150,110$213,518▲ $63,408
Mortgage Notes Payable Secured by Investment Property-$52,856-
Total Liabilities$150,110$266,374▲ $116,264
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,868,639$9,698,722▲ $4,830,083
Net Assets Without Donor Restrictions-$4,301,563-
Total Net Assets Fund Balance$4,868,639$14,000,285▲ $9,131,646
Total Liabilities and Net Assets / Fund Balance$5,018,749$14,266,659▲ $9,247,910

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,562,780$153,632$1,716,412
Other Land Buildings$1,237,360-$1,237,360
Equipment$475,515$110,989$586,504
Land$285,728-$285,728
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Daron Babcock--$171,844$5,148$176,992
Daron BabcockCEOFT$171,844-$171,844

Board Members and Trustees

NameTitle
Gabrielle MadisonChairman
Darryl HalbertDirector, Fin Chair
Dennis OliverDirector
Kevin SmithDirector
Summer RoseDirector
Doug BuncherSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$9,714,445
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$522,924
All Other Contributions
$9,714,445
Change in Net Assets
$5,367,768

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$129,948estimated Fair Market Value (FMV)
Total Noncash Contributions1$129,948-

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,237,369
Revenue Not Reported on Form 990
$494,565
Total Revenue per Audited Statements
$10,731,934
Total Revenue per Form 990
$10,237,369
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,627,590
Other Expenses$2,242,011
Total Fundraising Expense$745,446
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,536,546$226,601$521,780$2,284,927
Fees for Services Other$202,501$508,176$56,000$766,677
Office Expenses$253,880$284,789$0$538,669
Occupancy$103,522$46,048$60,129$209,699
Current Officers, Directors, Trustees, and Key Employees$115,560$17,042$39,242$171,844
Other Employee Benefits$111,032$17,082$42,705$170,819
Depreciation Depletion$112,688$29,239$17,836$159,763
Other Expenses$31,291$36,583$7,754$75,628
Travel$64,206$0$0$64,206
Total Functional Expenses$2,958,595$1,165,560$745,446$4,869,601

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,364,166
Expenses per Audited Statements$4,869,601
Total Expenses per Form 990$4,869,601
Expenses Not Reported on Form 990$494,565
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

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
Audit committee
Yes
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Bonton Enterprises
EIN
81-3243887
Phone
9729822245
Address
2612 VALENTINE STREET, DALLAS, TX 75215-9998
Doing Business As
Bonton Farms

Signing Officer

Name
Gabe Madison
Title
Chairman
Phone
9729822245
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gabe Madison
Formed
2016
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
79
Volunteers
800

Preparer

Firm
Jonathan B Tucker CPA
Address
23537 Kingsland Blvd Suite 130, Katy, TX 77494
Preparer
Jonathan Tucker
Phone
7132568341
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Return is prepared by external CPA after audit is completed, reviewed by Management prior to filing.

Pt VI, Line 19

No documents available to the public.

Pt XI

Bonton Farms is affiliated with CityBuild Community Development Corporation (EIN 20-8780063) by common board control and shared management. Prior year return reported only Bonton Farms. Due to the integral nature of the two organizations and that Bonton Enterprises reports on a consolidated basis for audited financial statements, an adjustment was needed to agree ending net assets to the 2022 audited financial statements.

Form 990, Part IX, Line 11G

Contract labor 202501. 202501. 0. 0.

Form 990, Part IX, Line 11G

Professional fees 564176. 0. 508176. 56000.

Financial Statement Notes

Pt XI, Line 2D

Cost of goods sold reported in Statement of Functional Expenses in the audited financial statements are reported as net amount on the Statement of Revenue on the return.

Pt XII, Line 2D

Cost of goods sold reported in Statement of Functional Expenses in the audited financial statements are reported as net amount on the Statement of Revenue on the return.

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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt06083219
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0556083
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt016353747
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0833088
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0383087
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01216175
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0887656
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0596193
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt01483849
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08653
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08653
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt019053771
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09714445
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06916307
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01443739
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0596193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0383087
IRS990ScheduleA/Total509Grp/TotalAmt019053771
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt019062424
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01562780
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0153632
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01716412
IRS990ScheduleD/EquipmentGrp/BookValueAmt0475515
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0110989
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0586504
IRS990ScheduleD/ExpensesNotReportedAmt0494565
IRS990ScheduleD/ExpensesSubtotalAmt04869601
IRS990ScheduleD/LandGrp/BookValueAmt0285728
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0285728
IRS990ScheduleD/OtherExpensesIncludedAmt0494565
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01237360
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01237360
IRS990ScheduleD/OtherRevenueAmt0494565
IRS990ScheduleD/RevenueNotReportedAmt0494565
IRS990ScheduleD/RevenueSubtotalAmt010237369
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Cost of goods sold reported in Statement of Functional Expenses in the audited financial statements are reported as net amount on the Statement of Revenue on the return.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Cost of goods sold reported in Statement of Functional Expenses in the audited financial statements are reported as net amount on the Statement of Revenue on the return.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03561383
IRS990ScheduleD/TotalExpensesPerForm990Amt04869601
IRS990ScheduleD/TotalRevenuePerForm990Amt010237369
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt010731934
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05364166
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Fundraising
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt03000000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt02944000
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Wise Resource Development LLC
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt056000
IRS990ScheduleG/TotalGrossReceiptsAmt03000000
IRS990ScheduleG/TotalNetToOrganizationAmt02944000
IRS990ScheduleG/TotalRetainedByContractorsAmt056000
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0171844
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt05148
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Daron Babcock
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0176992
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Construction in progress
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0estimated FMV
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt0129948
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0true
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Return is prepared by external CPA after audit is completed, reviewed by Management prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Bonton Farms is affiliated with CityBuild Community Development Corporation (EIN 20-8780063) by common board control and shared management. Prior year return reported only Bonton Farms. Due to the integral nature of the two organizations and that Bonton Enterprises reports on a consolidated basis for audited financial statements, an adjustment was needed to agree ending net assets to the 2022 audited financial statements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contract labor 202501. 202501. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Professional fees 564176. 0. 508176. 56000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 11g
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05018749
IRS990/TotalAssetsEOYAmt014266659
IRS990/TotalAssetsGrp/BOYAmt05018749
IRS990/TotalAssetsGrp/EOYAmt014266659
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt09714445
IRS990/TotalEmployeeCnt079
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0745446

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