Civic Intelligence

Theo Christian Solution Inc.

990 • Fiscal year 2023 • EIN 81-3992485

May 01, 2022 to Apr 30, 2023 • Filed on Aug 08, 2023

1301 Custer RdPlano, TX 75075

(469) 277-8875

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

58th percentile

7.4%

Higher net margin than 58% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$48,000

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

73rd percentile

20%

Faster asset growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

51st percentile

5.4%

Faster revenue growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$182,941

Up $31,113 (+20%) from 2022

Net Assets

Up

$182,941

Up $34,736 (+23%) from 2022

Liabilities

Down

$0

Down $3,623 (-100%) from 2022

Revenue

Up

$460,055

Up $23,715 (+5.4%) from 2022

Expenses

Up

$425,791

Up $45,613 (+12%) from 2022

Net Income

Down

$34,264

Down $21,898 (-39%) from 2022

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: $26,528Liabilities 2018: $2,103Net Assets 2018: $24,4252018Assets 2019: $120,906Liabilities 2019: $195Net Assets 2019: $120,7112019Assets 2020: $127,508Liabilities 2020: $2,008Net Assets 2020: $125,5002020Assets 2021: $92,070Liabilities 2021: $271Net Assets 2021: $91,7992021Assets 2022: $151,828Liabilities 2022: $3,623Net Assets 2022: $148,2052022Assets 2023: $182,941Liabilities 2023: $0Net Assets 2023: $182,9412023Assets 2024: $194,428Liabilities 2024: $0Net Assets 2024: $194,4282024Assets 2025: $348,391Liabilities 2025: $0Net Assets 2025: $348,3912025

Highlighted filing

2023

Assets$182,941
Liabilities$0
Net Assets$182,941

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $338,764Expenses 2018: $314,339Net Income 2018: $24,4252018Revenue 2019: $394,216Expenses 2019: $297,930Net Income 2019: $96,2862019Revenue 2020: $304,117Expenses 2020: $299,328Net Income 2020: $4,7892020Revenue 2021: $312,062Expenses 2021: $345,763Net Income 2021: -$33,7012021Revenue 2022: $436,340Expenses 2022: $380,178Net Income 2022: $56,1622022Revenue 2023: $460,055Expenses 2023: $425,791Net Income 2023: $34,2642023Revenue 2024: $476,610Expenses 2024: $465,502Net Income 2024: $11,1082024Revenue 2025: $594,308Expenses 2025: $445,704Net Income 2025: $148,6042025

Highlighted filing

2023

Revenue$460,055
Expenses$425,791
Net Income$34,264
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Aug 8, 2023
Return Version
2022v5.0
Gross Receipts
$460,055
Mission and Program Overview

Mission

THEO serves home educating families in North Texas to support their family goals of strong academics in a Christian environment where parents are in charge. THEO offers classes for middle school through high school students, Friday School & science for elementary aged students and educational seminars for parents.

THEO serves home educating families in North Texas to support their family goals of strong academics in a Christian environment where parents are in charge. THEO offers classes for elementary, middle school, and high school students, and educational seminars for parents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$151,828$182,741▲ $30,913
Total Assets$151,828$182,941▲ $31,113
Other Assets Total-$200-
Liabilities
Accounts Payable and Accrued Expenses$3,623--
Total Liabilities$3,623$0▼ $3,623
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$148,205$182,941▲ $34,736
Total Net Assets Fund Balance$148,205$182,941▲ $34,736
Total Liabilities and Net Assets / Fund Balance$151,828$182,941▲ $31,113
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Terri ThreadgillPresidentFT$48,000$48,000
Vicki MusallBoard MemberFT$26,400$26,400
Alicia LoranBoard MemberPT$6,963$6,963
Beverly StewartTreasurerPT$4,930$4,930

Board Members and Trustees

NameTitle
Donna CantuSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$14,811
Program Service Revenue
$445,068
Investment Income
$176
Other Revenue
$0
All Other Contributions
$6,378
Change in Net Assets
$34,264
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$216,462
Other Expenses$209,329
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$154,896$0$0$154,896
Current Officers, Directors, Trustees, and Key Employees$97,211$20,000$0$117,211
Other Salaries and Wages$83,067$0$0$83,067
Payroll Taxes$16,184$0$0$16,184
Insurance$6,986$0$0$6,986
Office Expenses$5,848$0$0$5,848
Other Expenses$5,221$0$0$5,221
Fees for Services Accounting$2,725$0$0$2,725
Advertising$2,294$0$0$2,294
Fees for Services Legal$1,503$0$0$1,503
All Other Expenses$1,453$0$0$1,453
Total Functional Expenses$405,791$20,000$0$425,791
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
THEO Christian Solution Inc
EIN
81-3992485
Phone
4692778875
Address
1301 Custer Rd, Plano, TX 75075

Signing Officer

Name
Terri Threadgill
Title
President
Phone
4692778875
Signed
2023-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terri Threadgill
Formed
2015
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
32
Volunteers
110

Preparer

Firm
Patty Hockett
Address
9223 FERNDALE RD, DALLAS, TX 75238
Preparer
Patty Hockett
Phone
2143491081
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The accountant/preparer reviewed Form 990 with the Directors.

Pt VI, Line 19

The documents are available for review at the business address.

Pt VI, Line 12C

Compliance was discussed at Board Meetings.

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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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IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The accountant/preparer reviewed Form 990 with the Directors.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The documents are available for review at the business address.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Compliance was discussed at Board Meetings.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0151828
IRS990/TotalAssetsEOYAmt0182941
IRS990/TotalAssetsGrp/BOYAmt0151828
IRS990/TotalAssetsGrp/EOYAmt0182941
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt014811
IRS990/TotalEmployeeCnt032
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020000
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0405791
IRS990/TotalFunctionalExpensesGrp/TotalAmt0425791
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03623
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt03623
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0148205
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0182941
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0405791
IRS990/TotalProgramServiceRevenueAmt0445068
IRS990/TotalReportableCompFromOrgAmt086293
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0445244
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0460055
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0110
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0151828
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0182941
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02009 Ports OCall Dr
IRS990/USAddress/CityNm0Plano
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd075075
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0theo.solutions
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Terri Threadgill
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum04692778875
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THEO Christian Solution Inc
ReturnHeader/Filer/BusinessNameControlTxt0THEO
ReturnHeader/Filer/EIN0813992485
ReturnHeader/Filer/PhoneNum04692778875
ReturnHeader/Filer/USAddress/AddressLine1Txt01301 Custer Rd
ReturnHeader/Filer/USAddress/CityNm0Plano
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075075
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTY HOCKETT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09223 FERNDALE RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075238
ReturnHeader/PreparerPersonGrp/PhoneNum02143491081
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patty Hockett
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-08-15T08:38:59-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Terri
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Threadgill
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

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