Civic Intelligence

The Crouch Foundation

990 • Fiscal year 2023 • EIN 82-4608006

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

3600 S Coulter StAmarillo, TX 79109

(806) 358-7914

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

5th percentile

0.00x

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

70th percentile

15%

Higher net margin than 70% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

31st percentile

0.5%

Faster asset growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

4th percentile

-64%

Faster revenue growth than 4% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Up

$16,868,711

Up $90,771 (+0.5%) from 2022

Net Assets

Up

$16,868,711

Up $90,771 (+0.5%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

$613,259

Down $1,078,051 (-64%) from 2022

Expenses

Down

$521,800

Down $114,646 (-18%) from 2022

Net Income

Down

$91,459

Down $963,405 (-91%) from 2022

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2018: $9,737,551Liabilities 2018: $25,725Net Assets 2018: $9,711,8262018Assets 2019: $6,236,977Liabilities 2019: $33,388Net Assets 2019: $6,203,5892019Assets 2020: $16,199,890Liabilities 2020: $23,980Net Assets 2020: $16,175,9102020Assets 2021: $16,850,877Liabilities 2021: $3,830Net Assets 2021: $16,847,0472021Assets 2022: $16,777,940Liabilities 2022: $0Net Assets 2022: $16,777,9402022Assets 2023: $16,868,711Liabilities 2023: $0Net Assets 2023: $16,868,7112023Assets 2024: $16,558,671Liabilities 2024: $0Net Assets 2024: $16,558,6712024

Highlighted filing

2023

Assets$16,868,711
Liabilities$0
Net Assets$16,868,711

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2018: $10,988,103Expenses 2018: $1,276,145Net Income 2018: $9,711,9582018Revenue 2019: -$943,523Expenses 2019: $2,559,292Net Income 2019: -$3,502,8152019Revenue 2020: $10,911,019Expenses 2020: $937,654Net Income 2020: $9,973,3652020Revenue 2021: $1,397,399Expenses 2021: $743,711Net Income 2021: $653,6882021Revenue 2022: $1,691,310Expenses 2022: $636,446Net Income 2022: $1,054,8642022Revenue 2023: $613,259Expenses 2023: $521,800Net Income 2023: $91,4592023Revenue 2024: $206,095Expenses 2024: $515,816Net Income 2024: -$309,7212024

Highlighted filing

2023

Revenue$613,259
Expenses$521,800
Net Income$91,459
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$2,161,272
Mission and Program Overview

Mission

To sponsor and support the fine arts in amarillo, texas and surrounding counties including the amarillo art institute.

To sponsor and support the fine arts in amarillo, texas and surrounding counties, including the panhandle art center; to own and hold property, real and personal, for use in connection with and necessarily indicent to the foregoing purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$16,777,940$16,868,711▲ $90,771
Investments Other Securities$6,910,342$3,851,503▼ $3,058,839
Land, Buildings, and Equipment, Net$1,535,030$1,520,460▼ $14,570
Cash and Non-Interest-Bearing Accounts$817,837$260,694▼ $557,143
Inventories for Sale or Use$17,500$17,500→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$16,777,940$16,868,711▲ $90,771
Other Assets Total$7,497,231$11,218,554▲ $3,721,323
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$16,777,940$16,868,711▲ $90,771
Total Liabilities and Net Assets / Fund Balance$16,777,940$16,868,711▲ $90,771

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$388,772$66,660-
Other Land Buildings$2,303$21,423-
Land$256,903--
Equipment$36,379$6,196-
Leasehold Improvements$836,103$63,248-
Other Assets Org$10,976,347--
Other Securities$1,030,603--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike LafleurPresident
Tom PangerVice President
Janette DickersonDirector
Jelaine WorkmanDirector
Judy WhiteleyDirector
Steven DennyDirector
Rachael FloresSecretary
Ashley WareTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Wiley Hicks JrGeneral Contractor1301 SW 3RD AVE, Amarillo, TX 79106$3,736,070
Fairly GroupInsurance1800 S WASHINGTON ST STE 400, Amarillo, TX 79102$136,920
Xcel EnergyUtilities414 NICOLLETT MALL, Minneapolis, MN 55401$101,600
Revenue and Support

Revenue Composition

Contributions and Grants
$214,954
Program Service Revenue
$73,402
Investment Income
$317,073
Other Revenue
$7,830
All Other Contributions
$214,954
Change in Net Assets
$91,459
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$151,288--$151,288
Depreciation Depletion$38,698$1,969-$40,667
Fees for Services Other$1,100$36,481-$37,581
All Other Expenses$9,761$4,555-$14,316
Other Expenses$7,498--$7,498
Fees for Services Legal-$3,392-$3,392
Information Technology$197--$197
Office Expenses-$121-$121
Total Functional Expenses$475,282$46,518$0$521,800
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$899
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 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
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 B, Line 11B

The board of directors were provided a copy of the form 990 for review prior to the return being signed and mailed.

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

Directors, trustees, and key employees are educated about the conflict of interest policy and required to report any potential conflits.

Form 990, Part VI, Section B, Line 15

A review of local wages and compensation is done of invidiuals with similar experience and work duties in the area.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
The Crouch Foundation
EIN
82-4608006
Phone
8063587914
Address
3600 S COULTER ST, AMARILLO, TX 79109
Doing Business As
Arts in the Sunset

Signing Officer

Name
Ashley Ware
Title
Treasurer
Phone
8063587914
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Lafleur
Formed
2018
Legal Domicile
TX
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Brown Graham & Company Pc
Address
PO BOX 20210, AMARILLO, TX 79114-2210
Preparer
M Lance Jones CPA
Phone
8063558241
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

FOREIGN TAX PAID -688.

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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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IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE CROUCH FOUNDATION SUPPORTED THE AMARILLO ART INSTITUTE, WHICH FURTHERS THE FOUNDATIONS EXEMPT PURPOSE OF SUPPORTING THE ARTS IN AMARILLO, TX AND SURROUNDING COUNTIES. SUPPORT WAS PROVIDED TO THE AMARILLO ART INSTITUE BY PROVIDING THE ORGANIZATION WITH A WORKING SPACE WHERE THE RENT WAS LESS THAN FAIR MARKET VALUE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE CROUCH FOUNDATION PROVIDED FUNDS TO THE AMARILO AREA FOUNDATION WHICH PROVDES GRANTS AND SCHOLARSHIPS TO THE RESIDENTS OF THE TEXAS PANHANDLE. THE AMARILLO AREA FOUNDATION HAS AN ARTS & CULTURE FUND THAT ALIGNS WITH THE EXEMPT PURPOSE OF THE CROUCH FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SECTION E. TYPE II FUNCTIONALLY INTEGRATED SUPPORTING ORGS - PART IV
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART 1 LINE 12G
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt03
IRS990ScheduleA/SupportedOrganizationsTotalCnt03
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0201560065
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1862785808
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2750978220
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd20
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd27
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt037620
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt214000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AMARILLO ART INSTITUTE
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1HOODOO ART FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2AMARILLO AREA FOUNDATION INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt051620
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0388772
IRS990ScheduleD/BuildingsGrp/DepreciationAmt066660
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0455432
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt036379
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06196
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt042575
IRS990ScheduleD/LandGrp/BookValueAmt0256903
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0256903
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0836103
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt063248
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0899351
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0242207
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt110976347
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ART
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1CIP
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02303
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt021423
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt023726
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02820900
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11030603
IRS990ScheduleD/OtherSecuritiesGrp/Desc0AMARILLO NATIONAL TRUST INVESTMENT
IRS990ScheduleD/OtherSecuritiesGrp/Desc1HAPPY STATE BANK TRUST INVESTMENT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01520460
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011218554
IRS990ScheduleD/TotalBookValueSecuritiesAmt03851503
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS WERE PROVIDED A COPY OF THE FORM 990 FOR REVIEW PRIOR TO THE RETURN BEING SIGNED AND MAILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTORS, TRUSTEES, AND KEY EMPLOYEES ARE EDUCATED ABOUT THE CONFLICT OF INTEREST POLICY AND REQUIRED TO REPORT ANY POTENTIAL CONFLITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A REVIEW OF LOCAL WAGES AND COMPENSATION IS DONE OF INVIDIUALS WITH SIMILAR EXPERIENCE AND WORK DUTIES IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FOREIGN TAX PAID -688.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE CROUCH FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0CROUCH FOUNDATION LIQUIDATING COMPANY LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CAM WIRELESS SERVICES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2TELSTAR ENERGY CORPORATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3EXECUTIVE PROPERTIES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt4PRECISION PROCESSING INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt5CROUCH CARPET COMPANY INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt6CROUCH ENTERPRISES INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt7OLDHAM RANCHES OF OKLAHOMA
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0831648006
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd4TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd5TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd6TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd7TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0LIQUIDATING ASSETS
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03600 S COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt13600 COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt23600 COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt33600 COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt43600 COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt53600 COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt63600 COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt73600 COULTER ST
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0AMARILLO

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