Civic Intelligence

Jacksboro Vision Group Inc

990EZ • Fiscal year 2021 • EIN 81-5098927

Jan 01, 2021 to Dec 31, 2021 • Filed on May 02, 2021

730 S MainJacksboro, TX 76458

(940) 567-3147

Siviq Scores

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

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

6th percentile

-126%

Higher net margin than 6% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

11th percentile

-40%

Faster asset growth than 11% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

13th percentile

-62%

Faster revenue growth than 13% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$325,117

Down $216,044 (-40%) from 2020

Net Assets

Down

$323,740

Down $210,260 (-39%) from 2020

Liabilities

Down

$1,377

Down $5,784 (-81%) from 2020

Revenue

Down

$166,767

Down $272,775 (-62%) from 2020

Expenses

Down

$377,027

Down $11,168 (-2.9%) from 2020

Net Income

Down

-$210,260

Down $261,607 (-509%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $501,838Liabilities 2017: $134Net Assets 2017: $501,7042017Assets 2018: $421,935Liabilities 2018: $249Net Assets 2018: $421,6862018Assets 2019: $483,419Liabilities 2019: $766Net Assets 2019: $482,6532019Assets 2020: $541,161Liabilities 2020: $7,161Net Assets 2020: $534,0002020Assets 2021: $325,117Liabilities 2021: $1,377Net Assets 2021: $323,7402021Assets 2022: $0Net Assets 2022: $02022

Highlighted filing

2021

Assets$325,117
Liabilities$1,377
Net Assets$323,740

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $633,444Expenses 2017: $131,740Net Income 2017: $501,7042017Revenue 2018: $355,633Expenses 2018: $435,651Net Income 2018: -$80,0182018Revenue 2019: $327,797Expenses 2019: $266,830Net Income 2019: $60,9672019Revenue 2020: $439,542Expenses 2020: $388,195Net Income 2020: $51,3472020Revenue 2021: $166,767Expenses 2021: $377,027Net Income 2021: -$210,2602021Revenue 2022: $198,166Expenses 2022: $521,906Net Income 2022: -$323,7402022

Highlighted filing

2021

Revenue$166,767
Expenses$377,027
Net Income-$210,260
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 2, 2021
Return Version
2021v4.0
Gross Receipts
$166,767
Mission and Program Overview

Mission

Jacksboro vision group works to maintain, build, and renovate underfunded public properties and programs in jacksboro, texas.

Program Services

DescriptionGrantsExpenses
MAINTAINING/SUPPORTING UNDERFUNDED PUBLIC PROGRAMS AND FACILITIES WITHIN JACKSBORO, TEXAS. DURING 2021, THE ORGANIZATION PROVIDED LANDSCAPING AND BEAUTIFICATION FOR PUBLIC AREAS OF JACKSBORO, TEXAS; PROVIDED FUNDS FOR STUDENT INSURANCE AND STUDENT PROGRAMS AT JACKSBORO ISD; FUNDED RENOVATION OF THE JACK COUNTY FAIRGROUNDS; AND MADE MAJOR IMPROVEMENTS TO FACILITIES/EQUIPMENT AT LOCAL PUBLIC PARKS. MOST OF JACKSBORO'S APPROX 4500 RESIDENTS, PLUS ADDITIONAL RESIDENTS OF SURROUNDING AREAS, BENEFITTED FROM THE ORGANIZATION'S EFFORTS.$252,299$374,918
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KENNETH SWANPresident-$0--
REBECCA SWANSecretary/Tr-$0--
DWAIN MILAMDirector-$0--
MICHAEL SMITHDirector-$0--
LESLIE CHOMMERSDirector-$0--
KEITH UMPHRIESDirector-$0--
Filing and Contact Details

Filer

Filer Name
Jacksboro Vision Group Inc
EIN
81-5098927
Phone
9405673147
Address
730 S MAIN, JACKSBORO, TX 76458

Signing Officer

Name
Kenneth Swan
Title
President
Phone
9405673147
Signed
2021-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Crawford Carter & Durbin LLC
Address
PO BOX 87, MINERAL WELLS, TX 76068-0087
Preparer
Martin R Durbin
Phone
9403281167
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

Name: jacksboro independent school address: 750 w. Belknap st. Jacksboro, tx 76458 cash contribution: 15,079 name: jacksboro independent school address: 750 w. Belknap st. Jacksboro, tx 76458 cash contribution: 3,400 noncash contribution: 24,000 description of property: music supplies name: city of jacksboro address: 112 w. Belknap st. Jacksboro, tx 76458 cash contribution: 29,102 name: city of jacksboro address: 112 w. Belknap st. Jacksboro, tx 76458 noncash contribution: 10,000 description of property: playground equi name: city of jacksboro address: 112 w. Belknap st. Jacksboro, tx 76458 cash contribution: 13,800 name: city of jacksboro address: 112 w. Belknap st. Jacksboro, tx 76458 noncash contribution: 15,600 description of property: public sidewalk name: jacksboro economic development address: po box 610 jacksboro, tx 76458 cash contribution: 7,400 name: jack county clothes closet address: po box 700 jacksboro, tx 76458 noncash contribution: 5,261 description of property: fencing name: jack county fair association address: po box 486 jacksboro, tx 76458 cash contribution: 75,000 name: jack county military memorial address: 250 s knox street jacksboro, tx 76458 cash contribution: 22,000 name: city of jacksboro address: 112 w. Belknap st. Jacksboro, tx 76458 noncash contribution: 31,657 description of property: public dock

Form 990-ez, Part I, Line 16

Expenses conferences/meetings 587 liability insurance 2,409 equip repair & maint 1,885 supplies-public area mnt 9,128 non-investment depreciation 10,120 total 24,129

Form 990-ez, Part II, Line 24

52,328 52,328 less accumulated depreciation 30,359 40,479 total 21,969 11,849

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 7,161 1,377

Form 990-ez, Part III

Jacksboro vision group works to maintain, build, and renovate underfunded public properties and programs in jacksboro, texas.

Form 990-ez, Part III, Line 28

Maintaining/supporting underfunded public programs and facilities within jacksboro, texas. During 2021, the organization provided landscaping and beautification for public areas of jacksboro, texas; provided funds for student insurance and student programs at jacksboro isd; funded renovation of the jack county fairgrounds; and made major improvements to facilities/equipment at local public parks. Most of jacksboro's approx 4500 residents, plus additional residents of surrounding areas, benefitted from the organization's efforts.

Raw XML Appendix160 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NAME: JACKSBORO INDEPENDENT SCHOOL ADDRESS: 750 W. BELKNAP ST. JACKSBORO, TX 76458 CASH CONTRIBUTION: 15,079 NAME: JACKSBORO INDEPENDENT SCHOOL ADDRESS: 750 W. BELKNAP ST. JACKSBORO, TX 76458 CASH CONTRIBUTION: 3,400 NONCASH CONTRIBUTION: 24,000 DESCRIPTION OF PROPERTY: MUSIC SUPPLIES NAME: CITY OF JACKSBORO ADDRESS: 112 W. BELKNAP ST. JACKSBORO, TX 76458 CASH CONTRIBUTION: 29,102 NAME: CITY OF JACKSBORO ADDRESS: 112 W. BELKNAP ST. JACKSBORO, TX 76458 NONCASH CONTRIBUTION: 10,000 DESCRIPTION OF PROPERTY: PLAYGROUND EQUI NAME: CITY OF JACKSBORO ADDRESS: 112 W. BELKNAP ST. JACKSBORO, TX 76458 CASH CONTRIBUTION: 13,800 NAME: CITY OF JACKSBORO ADDRESS: 112 W. BELKNAP ST. JACKSBORO, TX 76458 NONCASH CONTRIBUTION: 15,600 DESCRIPTION OF PROPERTY: PUBLIC SIDEWALK NAME: JACKSBORO ECONOMIC DEVELOPMENT ADDRESS: PO BOX 610 JACKSBORO, TX 76458 CASH CONTRIBUTION: 7,400 NAME: JACK COUNTY CLOTHES CLOSET ADDRESS: PO BOX 700 JACKSBORO, TX 76458 NONCASH CONTRIBUTION: 5,261 DESCRIPTION OF PROPERTY: FENCING NAME: JACK COUNTY FAIR ASSOCIATION ADDRESS: PO BOX 486 JACKSBORO, TX 76458 CASH CONTRIBUTION: 75,000 NAME: JACK COUNTY MILITARY MEMORIAL ADDRESS: 250 S KNOX STREET JACKSBORO, TX 76458 CASH CONTRIBUTION: 22,000 NAME: CITY OF JACKSBORO ADDRESS: 112 W. BELKNAP ST. JACKSBORO, TX 76458 NONCASH CONTRIBUTION: 31,657 DESCRIPTION OF PROPERTY: PUBLIC DOCK
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES CONFERENCES/MEETINGS 587 LIABILITY INSURANCE 2,409 EQUIP REPAIR & MAINT 1,885 SUPPLIES-PUBLIC AREA MNT 9,128 NON-INVESTMENT DEPRECIATION 10,120 TOTAL 24,129
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt252,328 52,328 LESS ACCUMULATED DEPRECIATION 30,359 40,479 TOTAL 21,969 11,849
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS PAYABLE AND ACCRUED EXPENSES 7,161 1,377
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JACKSBORO VISION GROUP WORKS TO MAINTAIN, BUILD, AND RENOVATE UNDERFUNDED PUBLIC PROPERTIES AND PROGRAMS IN JACKSBORO, TEXAS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MAINTAINING/SUPPORTING UNDERFUNDED PUBLIC PROGRAMS AND FACILITIES WITHIN JACKSBORO, TEXAS. DURING 2021, THE ORGANIZATION PROVIDED LANDSCAPING AND BEAUTIFICATION FOR PUBLIC AREAS OF JACKSBORO, TEXAS; PROVIDED FUNDS FOR STUDENT INSURANCE AND STUDENT PROGRAMS AT JACKSBORO ISD; FUNDED RENOVATION OF THE JACK COUNTY FAIRGROUNDS; AND MADE MAJOR IMPROVEMENTS TO FACILITIES/EQUIPMENT AT LOCAL PUBLIC PARKS. MOST OF JACKSBORO'S APPROX 4500 RESIDENTS, PLUS ADDITIONAL RESIDENTS OF SURROUNDING AREAS, BENEFITTED FROM THE ORGANIZATION'S EFFORTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09405673147
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JACKSBORO VISION GROUP INC
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ReturnHeader/Filer/EIN0815098927
ReturnHeader/Filer/PhoneNum09405673147
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ReturnHeader/Filer/USAddress/CityNm0JACKSBORO
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ReturnHeader/Filer/USAddress/ZIPCd076458
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472452060
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CRAWFORD CARTER & DURBIN LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 87
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MINERAL WELLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0760680087
ReturnHeader/PreparerPersonGrp/PhoneNum09403281167
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARTIN R DURBIN
ReturnHeader/ReturnTs02022-07-13T09:00:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KENNETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SWAN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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