Civic Intelligence

James & Virginia Brooks Educational Trust

990EZ • Fiscal year 2017 • EIN 81-6700863

Feb 17, 2017 to Dec 31, 2017 • Filed on Nov 11, 2019

5710 Thames CTDallas, TX 75252-5032

(972) 380-6066

Siviq Scores

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

Liabilities / Assets

56th 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

56th 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

97th percentile

87%

Higher net margin than 97% of similar nonprofits.

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

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

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

$9,706

No earlier filing loaded for comparison.

Net Assets

$9,706

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$11,122

No earlier filing loaded for comparison.

Expenses

$1,416

No earlier filing loaded for comparison.

Net Income

$9,706

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.

$10K$5.0K$0Assets 2017: $9,706Liabilities 2017: $0Net Assets 2017: $9,7062017Assets 2018: $7,457Liabilities 2018: $0Net Assets 2018: $7,4572018

Highlighted filing

2017

Assets$9,706
Liabilities$0
Net Assets$9,706

Operations Trend

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

$15K$10K$5.0K$0-$5.0KRevenue 2017: $11,122Expenses 2017: $1,416Net Income 2017: $9,7062017Revenue 2018: $1Expenses 2018: $2,250Net Income 2018: -$2,2492018

Highlighted filing

2017

Revenue$11,122
Expenses$1,416
Net Income$9,706
Jump To
Filing Snapshot
Filing Period
Feb 17, 2017 to Dec 31, 2017
Signed
Nov 11, 2019
Return Version
2017v2.3
Gross Receipts
$11,637
Mission and Program Overview

Mission

The james and virginia education trust is operated to offer scholarships throughout the southwest region starting with graduates from bald knob high school. The intention of the trust is to offer graduate students with a focus on financial need.

Program Services

DescriptionGrantsExpenses
THE PURPOSES OF THIS TRUST ARE TO SUPPORT AND ENGAGE IN RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND/OR EDUCATIONAL ENDEAVORS, EITHER DIRECTLY OR INDIRECTLY, BY GRANTS AND CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXPEMPT ORGANIZATIONS, AND TO ESTABLISH AND MAINTAIN A SCHOLARSHIP FUND TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS FROM ARKANSAS, MISSOURI, OKLAHOMA, TENNESSEE, MISSISSIPPI, LOUISIANA, AND/OR TEXAS, WHO HAVE GRADUATED FROM HIGH SCHOOL AND/OR COLLEGE SO THAT THEY CAN ATTEND A VOCATIONAL SCHOOL, COLLEGE, JUNIOR COLLEGE, GRADUATE SCHOOL, OR OTHER QUALIFYING EDUCATIONAL INSTITUTION OF THEIR CHOICE.$1,250$1,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID POWELLTrustee-$0--
BRENDA ODOMTrustee-$0--
BRADLEY ROBERTSTrustee-$0--
PATRICIA CROCKERTrustee-$0--
LARRY HOUSETrustee-$0--
BETH HALE CALHOUNTrustee-$0--
Filing and Contact Details

Filer

Filer Name
James & Virginia Brooks
EIN
81-6700863
Phone
9723806066
Address
5710 THAMES CT, DALLAS, TX 75252-5032

Signing Officer

Name
Patricia Crocker
Title
Trustee
Phone
9723806066
Signed
2019-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Weaver and Tidwell Llp
Address
2300 N FIELD ST STE 1000, DALLAS, TX 75201
Preparer
Justin W Reeves
Phone
9724901970
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 2.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: arkansas state university. Grantee address: 2105 aggie rd jonesboro, ar 72401. Grantee relationship: none. Property description: cash. Amount given: 750.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: university of central arkansas. Grantee address: 201 donaghey ave conway, ar 72035. Grantee relationship: none. Property description: cash. Amount given: 250.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: arkansas tech. University. Grantee address: 215 w o st. Russellville, ar 72801. Grantee relationship: none. Property description: cash. Amount given: 250. Total included on form 990-ez, line 10: 1,250.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: check orders. Amount: 166.

Raw XML Appendix172 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0PATRICIA CROCKER
IRS990EZ/BooksInCareOfDetail/PhoneNum09723806066
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt05710 THAMES CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0DALLAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075252
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt09706
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt01250
IRS990EZ/GrossReceiptsAmt011637
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/InitialReturnInd0X
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IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09706
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09706
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID POWELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRENDA ODOM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BRADLEY ROBERTS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PATRICIA CROCKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LARRY HOUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5BETH HALE CALHOUN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0166
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE JAMES AND VIRGINIA EDUCATION TRUST IS OPERATED TO OFFER SCHOLARSHIPS THROUGHOUT THE SOUTHWEST REGION STARTING WITH GRADUATES FROM BALD KNOB HIGH SCHOOL. THE INTENTION OF THE TRUST IS TO OFFER GRADUATE STUDENTS WITH A FOCUS ON FINANCIAL NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSES OF THIS TRUST ARE TO SUPPORT AND ENGAGE IN RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND/OR EDUCATIONAL ENDEAVORS, EITHER DIRECTLY OR INDIRECTLY, BY GRANTS AND CONTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXPEMPT ORGANIZATIONS, AND TO ESTABLISH AND MAINTAIN A SCHOLARSHIP FUND TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS FROM ARKANSAS, MISSOURI, OKLAHOMA, TENNESSEE, MISSISSIPPI, LOUISIANA, AND/OR TEXAS, WHO HAVE GRADUATED FROM HIGH SCHOOL AND/OR COLLEGE SO THAT THEY CAN ATTEND A VOCATIONAL SCHOOL, COLLEGE, JUNIOR COLLEGE, GRADUATE SCHOOL, OR OTHER QUALIFYING EDUCATIONAL INSTITUTION OF THEIR CHOICE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01250
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01250
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt0515
IRS990EZ/SpecialEventsNetIncomeLossAmt01015
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01416
IRS990EZ/TotalProgramServiceExpensesAmt01250
IRS990EZ/TotalRevenueAmt011122
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE ORGANIZATION WAS FUNDED IN 2017; THEREFORE, 2017 WAS A SHORT-YEAR.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010105
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01015
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0202
IRS990ScheduleA/SubstantialContributorsTotAmt09903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt010105
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt010105
IRS990ScheduleA/TotalSupportAmt010107
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 2.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: . GRANTEE NAME: ARKANSAS STATE UNIVERSITY. GRANTEE ADDRESS: 2105 AGGIE RD JONESBORO, AR 72401. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 750.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: . GRANTEE NAME: UNIVERSITY OF CENTRAL ARKANSAS. GRANTEE ADDRESS: 201 DONAGHEY AVE CONWAY, AR 72035. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: . GRANTEE NAME: ARKANSAS TECH. UNIVERSITY. GRANTEE ADDRESS: 215 W O ST. RUSSELLVILLE, AR 72801. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. AMOUNT GIVEN: 250. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 1,250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: CHECK ORDERS. AMOUNT: 166.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICIA CROCKER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum09723806066
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JAMES & VIRGINIA BROOKS
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0EDUCATIONAL TRUST
ReturnHeader/Filer/BusinessNameControlTxt0JAME
ReturnHeader/Filer/EIN0816700863
ReturnHeader/Filer/PhoneNum09723806066
ReturnHeader/Filer/USAddress/AddressLine1Txt05710 THAMES CT
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0752525032
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0E17E0E5389C99D5615AEBC960A838D2A7DFADF7D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C85B3D9400B678E9DC9217F010F95F2065FC0F0C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.47.139.16
ReturnHeader/FilingSecurityInformation/IPDt02019-11-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:23:42
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0750786316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEAVER AND TIDWELL LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02300 N FIELD ST STE 1000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075201
ReturnHeader/PreparerPersonGrp/PhoneNum09724901970
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN W REEVES
ReturnHeader/ReturnTs02019-11-15T12:59:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-02-17
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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