Civic Intelligence

Project Transformation Rio Texas

990 • Fiscal year 2022 • EIN 84-2069964

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

1902 Vance Jackson RoadSan Antonio, TX 78213

(210) 538-5019

Siviq Scores

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

Liabilities / Assets

89th percentile

0.45x

Higher debt load relative to assets than 89% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

92nd percentile

0.55x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

25th percentile

-11%

Higher net margin than 25% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

94th percentile

$59,990

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 17.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

32nd percentile

-9.1%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

48th percentile

7.1%

Faster revenue growth than 48% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$434,893

Down $43,716 (-9.1%) from 2021

Net Assets

Down

$239,419

Down $40,246 (-14%) from 2021

Liabilities

Down

$195,474

Down $3,470 (-1.7%) from 2021

Revenue

Up

$353,194

Up $23,563 (+7.1%) from 2021

Expenses

Up

$393,440

Up $27,130 (+7.4%) from 2021

Net Income

Down

-$40,246

Down $3,567 (-9.7%) from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2020: $521,445Liabilities 2020: $205,101Net Assets 2020: $316,3442020Assets 2021: $478,609Liabilities 2021: $198,944Net Assets 2021: $279,6652021Assets 2022: $434,893Liabilities 2022: $195,474Net Assets 2022: $239,4192022Assets 2023: $491,585Liabilities 2023: $187,689Net Assets 2023: $303,8962023Assets 2024: $613,973Liabilities 2024: $192,429Net Assets 2024: $421,5442024

Highlighted filing

2022

Assets$434,893
Liabilities$195,474
Net Assets$239,419

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2020: $533,462Expenses 2020: $286,261Net Income 2020: $247,2012020Revenue 2021: $329,631Expenses 2021: $366,310Net Income 2021: -$36,6792021Revenue 2022: $353,194Expenses 2022: $393,440Net Income 2022: -$40,2462022Revenue 2023: $481,827Expenses 2023: $417,350Net Income 2023: $64,4772023Revenue 2024: $510,949Expenses 2024: $393,883Net Income 2024: $117,0662024

Highlighted filing

2022

Revenue$353,194
Expenses$393,440
Net Income-$40,246
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$358,079
Mission and Program Overview

Mission

To transform communities by engaging children, college age young adults and churches in purposeful relationships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$361,698$356,237▼ $5,461
Cash and Non-Interest-Bearing Accounts$80,298$67,439▼ $12,859
Savings and Temporary Cash Investments$35,951$11,217▼ $24,734
Inventories for Sale or Use$662$0▼ $662
Total Assets$478,609$434,893▼ $43,716
Liabilities
Other Liabilities$197,071$193,308▼ $3,763
Accounts Payable and Accrued Expenses$1,623$2,166▲ $543
Deferred Revenue$250$0▼ $250
Total Liabilities$198,944$195,474▼ $3,470
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$279,665$239,419▼ $40,246
Total Net Assets Fund Balance$279,665$239,419▼ $40,246
Total Liabilities and Net Assets / Fund Balance$478,609$434,893▼ $43,716

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$356,237$19,877$376,114
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kercida McclainCEOFT$59,990$59,990

Board Members and Trustees

NameTitle
Shellie ReyesChair
Mindy WatersPast Chair
Steve SchuetzeVice Chair
Amanda GravesBoard Member
Brenda DelagarzaBoard Member
Chloe CorderoBoard Member
Dana JacobsonBoard Member
Lisa Navarro-gonzalesBoard Member
Aaron CarterSecretary
Nadia RodriguezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$355,574
Program Service Revenue
$2,240
Investment Income
$265
Other Revenue
$-4,885
All Other Contributions
$323,632
Change in Net Assets
$-40,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$298,510
Other Expenses$94,930
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$165,566$29,217-$194,783
Current Officers, Directors, Trustees, and Key Employees$50,992$8,999-$59,991
Payroll Taxes$16,471$2,907-$19,378
Other Employee Benefits$15,955$2,816-$18,771
Fees for Services Other-$12,870-$12,870
Office Expenses$1,760$9,981-$11,741
Depreciation Depletion$9,543--$9,543
Interest-$7,342-$7,342
Occupancy$5,802$1,024-$6,826
Travel$5,674$1,001-$6,675
Pension Plan Contributions$4,749$838-$5,587
Advertising-$5,164-$5,164
Insurance$4,084$721-$4,805
Information Technology$4,027$711-$4,738
Other Expenses$3,656$645-$4,301
Conferences and Meetings$302$53-$355
Total Functional Expenses$309,151$84,289$0$393,440
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,885
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Special Events$31,942-$4,885-
Total Events$31,942-$4,885$-4,885
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable to Texas Methodist Foundation$193,308
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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

A copy of the form 990 is provided to the ceo and board to review before filing.

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

The board chair reviews the conflict of interest policy with the board on a regular basis.

Form 990, Part VI, Section B, Line 15

Each year the executive committee evaluates the ceo's performance and the compensation package. The annual compensation is then recommended to the board and included in the annual budget.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Project Transformation Rio Texas
EIN
84-2069964
Phone
2105385019
Address
1902 VANCE JACKSON ROAD, SAN ANTONIO, TX 78213

Signing Officer

Name
Sharla Bell
Title
CEO
Phone
2105385019
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sharla Bell
Formed
2019
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
24
Volunteers
157

Preparer

Firm
Randy Walker & Co
Address
7800 IH 10 WEST STE 505, SAN ANTONIO, TX 78230
Preparer
Randy L Walker CPA
Phone
2103669430
Supplemental Narrative

Additional Explanations

Section 1.263(A)-1(F) De Minimis Safe Harbor Election

Project transformation rio texas 1902 vance jackson road san antonio, tx 78213 employer identification number: 84-2069964 for the year ending december 31, 2022 project transformation rio texas is making the de minimis safe harbor election under reg. Sec. 1.263(a)-1(f).

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IRS990/Desc0PROJECT TRANSFORMATION MEETS THE CHALLENGES OF THE THREE CS, CHILDREN, COLLEGE AND CHURCH AND 2022 PROVIDED A WAY TO DO THAT AS THE WORLD WAS TRANSITIONING FROM A PANDEMIC. IN THE SUMMER OF 2022 PROJECT TRANSFORMATION SERVED:- 149 CHILDREN- 5 SITE CHURCHES IN SAN ANTONIO, AUSTIN AND THE RIO GRANDE VALLEY-17 COLLEGE STUDENTS RECEIVED PROFESSIONAL EXPERIENCE AND LEADERSHIP DEVELOPMENT AS THEY INSPIRED CHILDREN TO BE BETTER READERS AND AIM FOR COLLEGE.- OVER 1100 BOOKS WERE GIVEN AWAY TO BUILD PERSONAL LIBRARIES.- OVER 100 VETTED AND TRAINED VOLUNTEERS READ DAILY TO CHILDREN.ALL OF THIS LED TO 93% OF STUDENTS MAINTAINING OR IMPROVING THEIR READING LEVEL AND 98% OF FAMILIES EXPRESSING PROGRAM SATISFACTION.THE ONLINE READING BUDDY PROGRAM THAT WAS STARTED OUT OF NECESSITY DURING THE PANDEMIC IS CONTINUING BECAUSE OF NEED AND EFFECTIVENESS. THESE 30-MINUTE SESSIONS HAVE GIVEN PARENTS A BREAK, CREATED LASTING CHILDREN/ADULT RELATIONSHIPS AND STRENGTHENED MANY STRUGGLING READERS' LITERACY ABILITIES.
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02240
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02240
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0331759
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0197
IRS990/PYOtherExpensesAmt079678
IRS990/PYOtherRevenueAmt0-4590
IRS990/PYProgramServiceRevenueAmt02265
IRS990/PYRevenuesLessExpensesAmt0-36679
IRS990/PYSalariesCompEmpBnftPaidAmt0286632
IRS990/PYTotalExpensesAmt0366310
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0329631
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-40246
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02240
IRS990/SavingsAndTempCashInvstGrp/BOYAmt035951
IRS990/SavingsAndTempCashInvstGrp/EOYAmt011217
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2019 AMOUNT: $ 475. 2020 AMOUNT: $ 203. 2021 AMOUNT: $ 160. 2022 AMOUNT: $ 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE 2019 COLUMN REPRESENTS THE SHORT YEAR 5/28/2019 - 12/31/2019.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART II, SECTION A, LINE 1:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0355574
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0331759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0534993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0354510
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01576836
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0265
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0363
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01060
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt07799
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0160
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0203
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0475
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0838
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt01451880
IRS990ScheduleA/SubstantialContributorsTotAmt0124956
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0355574
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0331759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0534993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0354510
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01576836
IRS990ScheduleA/TotalSupportAmt01578734
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/BookValueAmt0356237
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019877
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0376114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0193308
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE TO TEXAS METHODIST FOUNDATION
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0356237
IRS990ScheduleD/TotalLiabilityAmt0193308
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt031942
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt031942
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04885
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SPECIAL EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt031942
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt031942
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-4885
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt04885
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04885
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROJECT TRANSFORMATION RIO TEXAS 1902 VANCE JACKSON ROAD SAN ANTONIO, TX 78213 EMPLOYER IDENTIFICATION NUMBER: 84-2069964 FOR THE YEAR ENDING DECEMBER 31, 2022 PROJECT TRANSFORMATION RIO TEXAS IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 IS PROVIDED TO THE CEO AND BOARD TO REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD CHAIR REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD ON A REGULAR BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH YEAR THE EXECUTIVE COMMITTEE EVALUATES THE CEO'S PERFORMANCE AND THE COMPENSATION PACKAGE. THE ANNUAL COMPENSATION IS THEN RECOMMENDED TO THE BOARD AND INCLUDED IN THE ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0478609
IRS990/TotalAssetsEOYAmt0434893
IRS990/TotalAssetsGrp/BOYAmt0478609
IRS990/TotalAssetsGrp/EOYAmt0434893
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0355574
IRS990/TotalEmployeeCnt024
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084289
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0309151
IRS990/TotalFunctionalExpensesGrp/TotalAmt0393440
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0198944
IRS990/TotalLiabilitiesEOYAmt0195474
IRS990/TotalLiabilitiesGrp/BOYAmt0198944
IRS990/TotalLiabilitiesGrp/EOYAmt0195474
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0279665
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0239419
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0309151
IRS990/TotalProgramServiceRevenueAmt02240
IRS990/TotalReportableCompFromOrgAmt059990
IRS990/TotalRevenueGrp/ExclusionAmt0-4620
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02240
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0353194
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt0157
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0478609

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