Civic Intelligence

Rush Enterprises Foundation

990 • Fiscal year 2017 • EIN 81-4738117

Jan 01, 2017 to Dec 31, 2017 • Filed on Feb 28, 2018

555 South Ih-35New Braunfels, TX 78130

(830) 302-5209

Siviq Scores

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

Liabilities / Assets

54th 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

54th 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

90th percentile

42%

Higher net margin than 90% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

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

Assets

$75,776

No earlier filing loaded for comparison.

Net Assets

$75,776

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$177,840

No earlier filing loaded for comparison.

Expenses

$102,264

No earlier filing loaded for comparison.

Net Income

$75,576

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2017: $75,776Liabilities 2017: $0Net Assets 2017: $75,7762017Assets 2018: $107,222Liabilities 2018: $0Net Assets 2018: $107,2222018Assets 2019: $77,222Liabilities 2019: $0Net Assets 2019: $77,2222019Assets 2020: $98,160Liabilities 2020: $0Net Assets 2020: $98,1602020Assets 2021: $143,952Liabilities 2021: $0Net Assets 2021: $143,9522021Assets 2022: $200,916Liabilities 2022: $0Net Assets 2022: $200,9162022Assets 2023: $326,654Liabilities 2023: $0Net Assets 2023: $326,6542023

Highlighted filing

2017

Assets$75,776
Liabilities$0
Net Assets$75,776

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $177,840Expenses 2017: $102,264Net Income 2017: $75,5762017Revenue 2018: $108,551Expenses 2018: $77,105Net Income 2018: $31,4462018Revenue 2019: $118,755Expenses 2019: $148,754Net Income 2019: -$29,9992019Revenue 2020: $106,066Expenses 2020: $85,128Net Income 2020: $20,9382020Revenue 2021: $134,542Expenses 2021: $88,750Net Income 2021: $45,7922021Revenue 2022: $187,481Expenses 2022: $130,517Net Income 2022: $56,9642022Revenue 2023: $295,731Expenses 2023: $169,993Net Income 2023: $125,7382023

Highlighted filing

2017

Revenue$177,840
Expenses$102,264
Net Income$75,576
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Feb 28, 2018
Return Version
2017v2.2
Gross Receipts
$177,840
Mission and Program Overview

Mission

Rush enterprises foundation will provide financial scholarships to children of employees, medical, and similar financial support to employees of rush enterprises, inc. Who demonstrate financial need because of an unforseen hardship including, without limitation, property damage to the employee's primary residence from fire or natural disaster, death of an immediate family member, excessive medical expenses or loss of income due to illness or injury. Rush enterprises foundation will provide scholarships to children of employees who domonstrate financial need in order to continue their education.the organization will collaborate with, and may donate funds to, other non-profit organizations that are operated exclusively for charitable and scholarship purposes.

Provide financial support to employees of rush enterprises, inc. Who demonstrate financial need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$200$75,776▲ $75,576
Total Assets$200$75,776▲ $75,576
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$200$75,776▲ $75,576
Total Net Assets Fund Balance$200$75,776▲ $75,576
Total Liabilities and Net Assets / Fund Balance$200$75,776▲ $75,576
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
James E ThorDirector$438,727$2,203,632$2,642,359
Derrek WeaverVice President / Secretary$469,800$1,559,730$2,029,530
Steven L KellerPresident$469,800$1,035,257$1,505,057
Michael J McrobertsDirector$553,516$794,690$1,348,206
Jay HaselwoodVice President / Treasurer$256,504$505,986$762,490
Robert L MclemoreDirector$224,640$85,393$310,033
Revenue and Support

Revenue Composition

Contributions and Grants
$177,840
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$166,966
Change in Net Assets
$75,576
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$100,273
Other Expenses$1,991
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$100,273--$100,273
Fees for Services Other$1,026$965-$1,991
Total Functional Expenses$101,299$965$0$102,264
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
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
Yes
Other officer compensation reviewed
Yes
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, Section A, Line 2

Each of the directors of the organization, as well as the foundation's officers, are officer's of rush enterprises, inc.

Form 990, Part VI, Section B, Line 11B

The organization's federal tax return on form 990 is prepared by a public accounting firm. The form 990 is reviewed by management as well as the board of directors before filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

On at least an annual basis, the organziation reviews conflicts of interest with its management and board to determine appropriate course of action with respect to such conflict.

Form 990, Part VI, Section B, Line 15

At this time the organization does not have any paid employees or officers. Should it's officers be paid in the future, the board will determine compensation after review of comparability data, other organization's form 990, as well as a review of other available materials.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and finanical statements are available with written request to the its administrative offices.

Filing and Contact Details

Filer

Filer Name
Rush Enterprises Foundation
EIN
81-4738117
Phone
8303025209
Address
555 SOUTH IH-35, NEW BRAUNFELS, TX 78130

Signing Officer

Name
Derrek Weaver
Title
President
Phone
8303025209
Signed
2018-02-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derrek Weaver
Formed
2016
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Akin Doherty Klein & Feuge Pc
Address
8610 N NEW BRAUNFELS SUITE 101, SAN ANTONIO, TX 78217
Preparer
Thomas a Akin
Phone
2108291300
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt50
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt020393
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt1508690
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt21990632
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt31346230
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt4822257
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt5424986
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT L MCLEMORE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1MICHAEL J MCROBERTS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2JAMES E THOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3DERREK WEAVER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4STEVEN L KELLER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5JAY HASELWOOD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3VICE PRESIDENT / SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt5VICE PRESIDENT / TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0310033
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt11348206
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt22642359
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt32029530
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt41505057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt5762490
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0310033
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt11348206
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt22642360
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt32029530
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt41505057
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt5762490
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EACH OF THE DIRECTORS OF THE ORGANIZATION, AS WELL AS THE FOUNDATION'S OFFICERS, ARE OFFICER'S OF RUSH ENTERPRISES, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S FEDERAL TAX RETURN ON FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM. THE FORM 990 IS REVIEWED BY MANAGEMENT AS WELL AS THE BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ON AT LEAST AN ANNUAL BASIS, THE ORGANZIATION REVIEWS CONFLICTS OF INTEREST WITH ITS MANAGEMENT AND BOARD TO DETERMINE APPROPRIATE COURSE OF ACTION WITH RESPECT TO SUCH CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AT THIS TIME THE ORGANIZATION DOES NOT HAVE ANY PAID EMPLOYEES OR OFFICERS. SHOULD IT'S OFFICERS BE PAID IN THE FUTURE, THE BOARD WILL DETERMINE COMPENSATION AFTER REVIEW OF COMPARABILITY DATA, OTHER ORGANIZATION'S FORM 990, AS WELL AS A REVIEW OF OTHER AVAILABLE MATERIALS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS ARE AVAILABLE WITH WRITTEN REQUEST TO THE ITS ADMINISTRATIVE OFFICES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0741733016
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0SALES OF SERVICE OF CLASS 8 AND MID-SIZE CLASS 4 TO 7 VEHICLES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0RUSH ENTERPRISES INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0555 IH 35 SOUTH STE 500
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW BRAUNFELS
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd078130
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt11000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt210874
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0RUSH ENTERPRISES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1RUSH ENTERPRISES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2RUSH ENTERPRISES INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2C
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0200
IRS990/TotalAssetsEOYAmt075776
IRS990/TotalAssetsGrp/BOYAmt0200
IRS990/TotalAssetsGrp/EOYAmt075776
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt0177840
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0965
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101299
IRS990/TotalFunctionalExpensesGrp/TotalAmt0102264
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0200
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt075776
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0101299
IRS990/TotalReportableCompFromOrgAmt08597675
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0177840

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