Civic Intelligence

Mesquite Isd Education Foundation Inc.

990 • Fiscal year 2018 • EIN 84-1662855

Sep 01, 2017 to Aug 31, 2018 • Filed on May 07, 2019

PO Box 871385Mesquite, TX 75149

(972) 882-7513

Siviq Scores

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

Liabilities / Assets

43rd percentile

0.02x

Higher debt load relative to assets than 43% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.02x

Higher debt load relative to revenue than 47% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

68th percentile

$53,804

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

79th percentile

22%

Faster asset growth than 79% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

69th percentile

17%

Faster revenue growth than 69% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$725,504

Up $131,897 (+22%) from 2017

Net Assets

Up

$713,451

Up $119,844 (+20%) from 2017

Liabilities

Up

$12,053

Up $12,053 from 2017

Revenue

Up

$496,578

Up $71,067 (+17%) from 2017

Expenses

Down

$400,108

Down $6,143 (-1.5%) from 2017

Net Income

Up

$96,470

Up $77,210 (+401%) from 2017

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $369,764Liabilities 2010: $19,691Net Assets 2010: $350,0732010Assets 2011: $391,495Liabilities 2011: $12,610Net Assets 2011: $378,8852011Assets 2012: $464,175Liabilities 2012: $42,704Net Assets 2012: $421,4712012Assets 2013: $472,855Liabilities 2013: $20,812Net Assets 2013: $452,0432013Assets 2014: $536,011Liabilities 2014: $8,135Net Assets 2014: $527,8762014Assets 2015: $500,779Liabilities 2015: $0Net Assets 2015: $500,7792015Assets 2016: $547,084Liabilities 2016: $0Net Assets 2016: $547,0842016Assets 2017: $593,607Liabilities 2017: $0Net Assets 2017: $593,6072017Assets 2018: $725,504Liabilities 2018: $12,053Net Assets 2018: $713,4512018Assets 2019: $741,715Liabilities 2019: $0Net Assets 2019: $741,7152019Assets 2020: $772,451Liabilities 2020: $1,450Net Assets 2020: $771,0012020Assets 2021: $955,277Liabilities 2021: $0Net Assets 2021: $955,2772021Assets 2022: $865,002Liabilities 2022: $0Net Assets 2022: $865,0022022Assets 2023: $902,785Liabilities 2023: $4,000Net Assets 2023: $898,7852023Assets 2024: $1,050,000Liabilities 2024: $0Net Assets 2024: $1,050,0002024Assets 2025: $1,213,203Liabilities 2025: $0Net Assets 2025: $1,213,2032025

Highlighted filing

2018

Assets$725,504
Liabilities$12,053
Net Assets$713,451

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $270,737Expenses 2010: $253,857Net Income 2010: $16,8802010Revenue 2011: $261,867Expenses 2011: $228,627Net Income 2011: $33,2402011Expenses 2012: $254,2382012Expenses 2013: $300,0042013Revenue 2014: $420,276Expenses 2014: $369,466Net Income 2014: $50,8102014Revenue 2015: $395,111Expenses 2015: $399,143Net Income 2015: -$4,0322015Revenue 2016: $428,940Expenses 2016: $395,312Net Income 2016: $33,6282016Revenue 2017: $425,511Expenses 2017: $406,251Net Income 2017: $19,2602017Revenue 2018: $496,578Expenses 2018: $400,108Net Income 2018: $96,4702018Revenue 2019: $478,145Expenses 2019: $427,110Net Income 2019: $51,0352019Revenue 2020: $360,868Expenses 2020: $362,924Net Income 2020: -$2,0562020Revenue 2021: $393,114Expenses 2021: $296,725Net Income 2021: $96,3892021Revenue 2022: $411,225Expenses 2022: $393,765Net Income 2022: $17,4602022Revenue 2023: $414,501Expenses 2023: $422,114Net Income 2023: -$7,6132023Revenue 2024: $515,135Expenses 2024: $474,060Net Income 2024: $41,0752024Revenue 2025: $664,260Expenses 2025: $497,820Net Income 2025: $166,4402025

Highlighted filing

2018

Revenue$496,578
Expenses$400,108
Net Income$96,470
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
May 7, 2019
Return Version
2017v2.2
Gross Receipts
$777,283
Mission and Program Overview

Mission

To create and sustain a visionary coalition of businesses and citizens generating investments and funding for innovative programs and initiatives that enrich educational opportunities in mesquite isd.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$517,877$541,030▲ $23,153
Cash and Non-Interest-Bearing Accounts$60,396$153,727▲ $93,331
Pledges and Grants Receivable$6,150$21,563▲ $15,413
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$593,607$725,504▲ $131,897
Other Assets Total$9,184$9,184→ $0
Liabilities
Accounts Payable and Accrued Expenses-$12,053-
Total Liabilities$0$12,053▲ $12,053
Net Assets / Fund Balance
Permanently Rstr Net Assets$300,312$312,529▲ $12,217
Unrestricted Net Assets$158,703$237,836▲ $79,133
Temporarily Rstr Net Assets$134,592$163,086▲ $28,494
Total Net Assets Fund Balance$593,607$713,451▲ $119,844
Total Liabilities and Net Assets / Fund Balance$593,607$725,504▲ $131,897

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$414,904$12,217▲ $26,909$9,303$440,553
2016$380,312-▲ $38,479-$414,904
2015$361,280$6,000▲ $13,032-$380,312
2014$391,197$15,047▼ $18,685$26,279$361,280
2013$278,316$74,675▲ $37,975$-231$391,197
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Randy LewallynExecutive DirectorFT$53,804$53,804

Board Members and Trustees

NameTitle
David BeltPresident
Beth JohnsonDirector
Bill PorterDirector
Don KirkDirector
Glenda LeeDirector
Helen EthridgeDirector
Jack LoveDirector
James TerryDirector
Janice HuckabyDirector
Judy TrammellDirector
Julie GreerDirector
Kelli HohensteinDirector
Kelly WagonerDirector
Mike GarveyDirector
Ophelia PhillipsDirector
Sharon CookDirector
Stan PickettDirector
Travis RohdeDirector
Debi HolleySecretary
Herman FinleyTreasurer
Greg NoscheseVP Admin
Evelyn WilliamsVP Development
Carol ZolnerowichVP Programs
Tony ApelVP Relations
Revenue and Support

Revenue Composition

Contributions and Grants
$606,719
Program Service Revenue
$0
Investment Income
$3,219
Other Revenue
$-113,360
All Other Contributions
$234,523
Change in Net Assets
$96,470

Audited Revenue Reconciliation

Revenue per Audited Statements
$512,525
Revenue Not Reported on Financial Statements
$-15,947
Revenue Not Reported on Form 990
$88,674
Other Revenue Adjustments
$-20,155
Total Revenue per Audited Statements
$601,199
Total Revenue per Form 990
$496,578
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$302,375
Salaries, Compensation, and Employee Benefits$73,791
Other Expenses$23,942
Total Fundraising Expense$20,661
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$302,375--$302,375
Current Officers, Directors, Trustees, and Key Employees$21,522$17,217$15,065$53,804
Other Salaries and Wages$7,995$6,396$5,596$19,987
Fees for Services Accounting-$7,650-$7,650
Fees for Service Investment Mgmnt Fees-$4,208-$4,208
Insurance-$2,986-$2,986
All Other Expenses-$1,345-$1,345
Other Expenses$980$950-$950
Total Functional Expenses$332,872$46,575$20,661$400,108

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$481,355
Expenses per Audited Statements$416,055
Total Expenses per Form 990$400,108
Expenses Not Reported on Form 990$65,300
Expenses Not Reported on Financial Statements$-15,947
Other Expense Adjustments$-20,155
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Mesquite IsdMesquite, TX-Education$302,375
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$262,605
Fundraising Gross Income$149,245
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Lone Star Legacy Gala$445,386$130,534$127,867$2,667
Amazing Technicolor 5k$76,055$18,711$14,409$4,302
Total Events$521,441$149,245$262,605$-113,360
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

The form 990 will be distributed to the board of directors. The board president and the finance committee will review the form 990 before filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The executive committee monitors for possible conflicts of interest.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation is determined by comparability data that is in line with mesquite isd compensation policies.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation is determined by comparability data that is in line with mesquite isd compensation policies.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

UPON REQUEST.

Form 990, Part VIII Income From Fundraising Events

The net economic benefit from our fundraising events is calculated as follows:Contributions from fundraising events reported on Part VIII, line 1c $ 372,196Gross income from fundraising events reported on Part VIII, line 8a 149,245Less: Direct costs of events reported on part VIII, Line 8b (262,605) Net economic benefit of fundraising events $ 258,836

Filing and Contact Details

Filer

Filer Name
Mesquite Isd Education Foundation Inc
EIN
84-1662855
Phone
9728827513
Address
PO BOX 871385, MESQUITE, TX 75149

Signing Officer

Name
David Belt
Title
President
Signed
2019-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randy Lewallyn
Formed
2004
Legal Domicile
TX
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
150

Preparer

Firm
Sutton Frost Cary LLP
Address
600 Six Flags Dr Suite 600, Arlington, TX 76011
Preparer
Amy Michie
Phone
8176498083
Supplemental Narrative

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The purpose of the endowment fund is to support the activities of the organization.

Part X : FIN48 Footnote

The Foundation is exempt from federal income taxes under Section 501(a) of the Internal Revenue Service Code (IRC) as an organization described in IRC section 501(c)(3). Accordingly, no provision for income taxes has been made related to the Foundation. However, should the Foundation engage in activities unrelated to the purpose for which it was created, taxable income could result. The Foundation has not incurred any federal income tax for the year ended August 31, 2018.GAAP requires the evaluation of tax positions taken in the course of preparing the Foundations tax return and recognition of a tax liability (or asset) if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service. Management has analyzed the tax positions taken by the Foundation and has concluded as of August 31, 2018 there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements.

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IRS990/Desc01.TI-Nspire for Co-Teach Math, West Mesquite, $19,976.00: The TI-Nspire for Co Teach Math team will initially start with the Co Teach Algebra 1 teachers and students. This includes both Special Education and General Education students. TI-Nspire calculators will be purchased for this teachers classroom. Additional calculators will be needed for testing so that all Algebra 1 students in these classes will have the same technology available that was used in class. TI-Nspire calculators are currently used in several neighboring districts for all students which include Garland ISD and Dallas ISD. Students from those districts are at a huge advantage over our students. It can be compared to students getting a dictionary versus a laptop computer. In the screenshots below you can see the difference between our current calculator technology and the TI-Nspire Calculator. There are many advantages to the TI-Nspire technology which include:Ability to see multiple representations (graph, table, algebraic, and written form) on one screenPromotion of beginning programming language skillsLabeling of attributes of linear and quadratic functions on graphsAbility to solve multi-step equations, systems of equations and factor Rechargeable batteriesColor screen and graphicsAbility to upload real life imagesFree software updates2. Maverick Commons, Moss Elementary, $19,971.60: Throughout education, the library has been the central hub of the school. Traditionally, students check out books, staff attends meetings, and community volunteers shelve books in the library. As our schools have evolved, so has the role of the elementary school library. The library holds the potential to not only be the central hub of the school but the central hub of the community. Not just to be a place to check out books but a place to discover, collaborate, extend and stretch student minds, and involve our community - both parents and toddlers. This is achieved through advanced academics for students, the PreK-2 Reading Initiative, ReadPlayTalk, and Coffee with the Counselor. While all of this is possible within the scope of our current library, the restraints of layout and static furniture prohibit a greater, far-reaching impact on all students. The library will be transformed from its current configuration that accommodates one class at a time to an area that can accommodate up to three classes resulting in reaching more students.3. Visible Thinking for the Future, North Mesquite High School, $19,846.73: The innovative Visible Thinking Project has the potential to allow all of the Pre-AP English II students to immerse themselves in a Genius Year rather than a Genius Hour. Students are empowered and completely engaged when they have a choice and a voice in their learning. Learners will be able to decide from age appropriate, relevant texts, classical literature, and non-fiction articles to study what they are most interested in learning. While doing this, the teachers will continue to prepare the learners for either AP courses and/or dual credit courses as they pursue a college and career path. This year our learners are choosing very ambitious projects, so we know that with the right environment and opportunity for innovation in our classes, the students next year will be placed on a trajectory to take them into the 21st Century as confident, competent citizens. Our students will enjoy the chance to prove themselves and take ownership of their futures. Our ultimate goal is to do what is best for the learners we influence by giving them choice and voice in a creative space focusing on visual learning strategies.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP ADMIN
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP PROGRAMS
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP RELATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Executive Dir.
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IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
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IRS990/FundraisingDirectExpensesAmt0262605
IRS990/FundraisingGrossIncomeAmt0149245
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IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
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IRS990/MissionDesc0TO CREATE AND SUSTAIN A VISIONARY COALITION OF BUSINESSES AND CITIZENS GENERATING INVESTMENTS AND FUNDING FOR INNOVATIVE PROGRAMS AND INITIATIVES THAT ENRICH EDUCATIONAL OPPORTUNITIES IN MESQUITE ISD.
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IRS990/OtherExpensesGrp/Desc0CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc1BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc2OVERSIZED CHECKS & BALLOONS
IRS990/OtherExpensesGrp/Desc3PUBLIC RELATIONS
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IRS990/OtherExpensesGrp/ProgramServicesAmt0980
IRS990/OtherExpensesGrp/TotalAmt04340
IRS990/OtherExpensesGrp/TotalAmt11483
IRS990/OtherExpensesGrp/TotalAmt2980
IRS990/OtherExpensesGrp/TotalAmt3950
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06396
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt07995
IRS990/OtherSalariesAndWagesGrp/TotalAmt019987
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$0.66$0.50$0.17
2024Detailed filing. Detailed filing data is available for this year.$1.05$0.00$1.05$0.52$0.47$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.41$0.42$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.87$0.00$0.87$0.41$0.39$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.39$0.30$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.36$0.36$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.48$0.43$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.73$0.01$0.71$0.50$0.40$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.43$0.41$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$0.43$0.40$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.40$0.40$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.42$0.37$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.02$0.45$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.04$0.42$0.25
2011Summary only. Only limited summary data is available for this year.$0.39$0.01$0.38$0.26$0.23$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.02$0.35$0.27$0.25$0.02