Civic Intelligence

The Obstacle Course Inc

EIN 83-1200846 • 501(c)3 • Clifton, TX

Profile

The nbsp;use nbsp;of nbsp;equestrian nbsp;activites nbsp;for nbsp;therapy nbsp;purposes nbsp;in nbsp;relation nbsp;to nbsp;handicapped nbsp;individuals

1016 County Road 4290Clifton, TX 76634

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$1,820

Up $1,820 from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,820

Up $1,820 from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2023

Expenses

Down

$45,250

Down $9,023 (-17%) from 2023

Net Income

Up

-$45,250

Up $9,023 (+17%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0K$1.5K$1.0K$500$0Assets 2018: $1Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $966Liabilities 2019: $0Net Assets 2019: $9662019Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $1,820Liabilities 2024: $0Net Assets 2024: $1,8202024

Highlighted filing

2024

Assets$1,820
Liabilities$0
Net Assets$1,820
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50K-$100KRevenue 2018: $30,338Expenses 2018: $30,338Net Income 2018: $02018Revenue 2019: $34,428Expenses 2019: $30,504Net Income 2019: $3,9242019Revenue 2023: $0Expenses 2023: $54,273Net Income 2023: -$54,2732023Revenue 2024: $0Expenses 2024: $45,250Net Income 2024: -$45,2502024

Highlighted filing

2024

Revenue$0
Expenses$45,250
Net Income-$45,250
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,820
Liabilities
$0
Net assets
$1,820
Revenue
$0
Expenses
$45,250
Net income
-$45,250
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.00$45.3$45.3
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$54.3$54.3
2019Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$34.4$30.5$3.92
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$30.3$30.3$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2024
Return Version
2024v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

The nbsp;use nbsp;of nbsp;equestrian nbsp;activites nbsp;for nbsp;therapy nbsp;purposes nbsp;in nbsp;relation nbsp;to nbsp;handicapped nbsp;individuals

The use of equestrian activites for therapy purposes in relation to handicapped individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,277$1,820▼ $457
Rtn Earn Endowment Incm Other Fnds$2,277$1,820▼ $457
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$2,277$1,820▼ $457
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,277$1,820▼ $457
Total Liabilities and Net Assets / Fund Balance$2,277$1,820▼ $457
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Angela WatsonPresident
Dennis WatsonVice President
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-45,250
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,250
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
Other Expenses---$10,268
Fees for Services Accounting---$2,475
Office Expenses---$1,219
Conferences and Meetings---$36
Total Functional Expenses$0$0$0$45,250
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
Audit committee
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 1A

“10 hrs per week by angela watson and dennis watson”

Filing and Contact Details

Filer

Filer Name
The Obstacle Course Inc
EIN
83-1200846
Phone
4055357257
Address
1016 COUNTY ROAD 4290, CLIFTON, TX 76634

Signing Officer

Name
Angela
Title
President
Phone
4055357257
Signed
2024-10-15

Organization Details

Principal Officer
Angela Watson
Formed
2018
Legal Domicile
TX
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Rolandas Tax & Professional Service
Address
2600 S LOOP W 340, HOUSTON, TX 77054
Preparer
Rolanda T Watson
Phone
8324314844
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