Civic Intelligence

Glade Arts Foundation

990EZ • Fiscal year 2017 • EIN 82-1089324

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization Profilegladeartsfoundation.org
2000 Woodlands ParkwayThe Woodlands, TX 77380

(832) 557-8781

Siviq Scores

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

Liabilities / Assets

87th percentile

0.36x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

92nd percentile

0.50x

Higher debt load relative to revenue than 92% of similar nonprofits.

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

Net Margin

98th percentile

89%

Higher net margin than 98% 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

Balance Sheet
Liabilities / Assets87th percentile

Assets

$142,517

No earlier filing loaded for comparison.

Net Assets

$91,205

No earlier filing loaded for comparison.

Liabilities

$51,312

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin98th percentile

Revenue

$102,000

No earlier filing loaded for comparison.

Expenses

$10,795

No earlier filing loaded for comparison.

Net Income

$91,205

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0M$500K$0-$500KAssets 2017: $142,517Liabilities 2017: $51,312Net Assets 2017: $91,2052017Assets 2018: $577,317Liabilities 2018: $607,802Net Assets 2018: -$30,4852018Assets 2019: $503,624Liabilities 2019: $795,765Net Assets 2019: -$292,1412019Assets 2020: $448,898Liabilities 2020: $509,630Net Assets 2020: -$60,7322020Assets 2021: $457,817Liabilities 2021: $355,767Net Assets 2021: $102,0502021

Highlighted filing

2017

Assets$142,517
Liabilities$51,312
Net Assets$91,205
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200K-$400KRevenue 2017: $102,000Expenses 2017: $10,795Net Income 2017: $91,2052017Revenue 2018: $347,806Expenses 2018: $469,496Net Income 2018: -$121,6902018Revenue 2019: $166,216Expenses 2019: $427,872Net Income 2019: -$261,6562019Revenue 2020: $51,149Expenses 2020: $146,125Net Income 2020: -$94,9762020Revenue 2021: $260,313Expenses 2021: $107,802Net Income 2021: $152,5112021

Highlighted filing

2017

Revenue$102,000
Expenses$10,795
Net Income$91,205
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.2
Gross Receipts
$102,000
Mission and Program Overview

Mission

Providing a unique and accessible fine arts experience with programs focused on art, education, scholarships, community based public art projects and curated museum-like exhibit center showcasing local and international artists and acclaimed private and public art collections.

Program Services

DescriptionGrantsExpenses
Public Programs. Rotational Art exhibits on display at the Foundation$311$311
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dragos TapuVice PresidentFT$0--
Lisa HarraChairmanPT$0--
Timothy DunawayVice President-$0--
John PolkTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Glade Arts Foundation
EIN
82-1089324
Phone
8325578781
Address
2000 Woodlands Parkway, The Woodlands, TX 77380

Signing Officer

Name
Dragos Tapu
Title
President
Signed
2018-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Peerless CFO Services LLC
Address
26010 Oak Ridge Dr Suite 103, Spring, TX 77380
Preparer
Janet Long
Phone
2814664670
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $3993”

Other Expenses.1002

“Office Expenses $180”

Other Expenses.1008

“Interest $151”

Other Expenses.1012

“Insurance $6000”

Other Assets.1

“Prepaid Rent - Beginning $0 Prepaid Rent - Ending $27334”

Other Assets.2

“Security Deposit - Beginning $0 Security Deposit - Ending $60593”

Other Assets.3

“Deferred Tenant Rent - Beginning $0 Deferred Tenant Rent - Ending $-51301”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $11”

Total Liabilities.1008

“Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $51301”

Raw XML Appendix150 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/PhoneNum08325578781
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0The Woodlands
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077380
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt054590
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0102000
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt091205
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0160
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0142517
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0311
IRS990EZ/GrossReceiptsAmt0102000
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/LandAndBuildingsGrp/EOYAmt051301
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt091205
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt091205
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Dragos Tapu
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lisa Harra
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Timothy Dunaway
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3John Polk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt036626
IRS990EZ/OtherExpensesTotalAmt010324
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Providing a unique and accessible fine arts experience with programs focused on art, education, scholarships, community based public art projects and curated museum-like exhibit center showcasing local and international artists and acclaimed private and public art collections.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Public Programs. Rotational Art exhibits on display at the Foundation
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0311
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0311
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt051312
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010795
IRS990EZ/TotalProgramServiceExpensesAmt0311
IRS990EZ/TotalRevenueAmt0102000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://gladeartsfoundation.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0102000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0102000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0102000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0102000
IRS990ScheduleA/Total509Grp/TotalAmt0102000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0102000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0102000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $3993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $151
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Prepaid Rent - Beginning $0 Prepaid Rent - Ending $27334
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Security Deposit - Beginning $0 Security Deposit - Ending $60593
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Deferred Tenant Rent - Beginning $0 Deferred Tenant Rent - Ending $-51301
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable and Accrued Expenses - Beginning $0 Accounts Payable and Accrued Expenses - Ending $11
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Unsecured Notes and Loans Payable - Beginning $0 Unsecured Notes and Loans Payable - Ending $51301
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Assets.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1008
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Dragos Tapu
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Glade Arts Foundation
ReturnHeader/Filer/BusinessNameControlTxt0GLAD
ReturnHeader/Filer/EIN0821089324
ReturnHeader/Filer/PhoneNum08325578781
ReturnHeader/Filer/USAddress/AddressLine1Txt02000 Woodlands Parkway
ReturnHeader/Filer/USAddress/CityNm0The Woodlands
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077380
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0461348782
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Peerless CFO Services LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt026010 Oak Ridge Dr Suite 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Spring
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077380
ReturnHeader/PreparerPersonGrp/PhoneNum02814664670
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Janet Long
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-15T10:59:59-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$142,517
Liabilities
$51,312
Net assets
$91,205
Revenue
$102,000
Expenses
$10,795
Net income
$91,205
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$4.58$3.56$1.02$2.60$1.08$1.53
2020Detailed filing. Detailed filing data is available for this year.$4.49$5.10$0.61$0.51$1.46$0.95
2019Detailed filing. Detailed filing data is available for this year.$5.04$7.96$2.92$1.66$4.28$2.62
2018Detailed filing. Detailed filing data is available for this year.$5.77$6.08$0.30$3.48$4.69$1.22
2017Detailed filing. Detailed filing data is available for this year.$1.43$0.51$0.91$1.02$0.11$0.91