Civic Intelligence

Kings Reigning Legacy Inc

EIN 87-1986161 • 501(c)3 • Lubbock, TX

Profile

To unite parents, participants and supporters of therapeutic riding in a community to organize events and activities and spread awareness for the operation and growth of equine assisted therapies

8012 Cr 6900Lubbock, TX 79407
Siviq Scores

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

Liabilities / Assets

60th 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

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

Asset Growth

43rd percentile

-7.3%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$25,236

Down $1,980 (-7.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$25,236

Down $1,980 (-7.3%) from 2023

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$1,980

Up $1,085 (+121%) from 2023

Net Income

Down

-$1,980

Down $1,085 (-121%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2021: $26,493Liabilities 2021: $0Net Assets 2021: $26,4932021Assets 2022: $28,111Liabilities 2022: $0Net Assets 2022: $28,1112022Assets 2023: $27,216Liabilities 2023: $0Net Assets 2023: $27,2162023Assets 2024: $25,236Liabilities 2024: $0Net Assets 2024: $25,2362024

Highlighted filing

2024

Assets$25,236
Liabilities$0
Net Assets$25,236

Operations Trend

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

$40K$30K$20K$10K$0-$10KRevenue 2021: $33,952Expenses 2021: $7,459Net Income 2021: $26,4932021Revenue 2022: $15,119Expenses 2022: $13,501Net Income 2022: $1,6182022Revenue 2023: $0Expenses 2023: $895Net Income 2023: -$8952023Revenue 2024: $0Expenses 2024: $1,980Net Income 2024: -$1,9802024

Highlighted filing

2024

Revenue$0
Expenses$1,980
Net Income-$1,980

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$15,119
Mission and Program Overview

Mission

To unite parents, participants and supporters of therapeutic riding in a community to organize events and activities and spread awareness for the operation and growth of equine assisted therapies

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$26,493$28,111▲ $1,618
Total Assets$26,493$28,111▲ $1,618
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$26,493$28,111▲ $1,618
Total Net Assets Fund Balance$26,493$28,111▲ $1,618
Total Liabilities and Net Assets / Fund Balance$26,493$28,111▲ $1,618
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rebecca Griffith WhiteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$10,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$4,619
All Other Contributions
$10,500
Change in Net Assets
$1,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,501
Total Fundraising Expense$5,096
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$5,972--$5,972
Advertising--$5,096$5,096
Fees for Services Accounting$1,380--$1,380
Fees for Services Legal$1,053--$1,053
Total Functional Expenses$8,405$0$5,096$13,501
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$4,619
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Review will be conducted by board members

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Kings Reigning Legacy Inc
EIN
87-1986161
Address
8012 CR 6900, LUBBOCK, TX 79407

Signing Officer

Name
Rebecca Griffith White
Title
Secretary
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rebecca Griffith White
Formed
2021
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Robinson Burdette Martin & Seright Llp
Address
9816 SLIDE RD STE 301, LUBBOCK, TX 79424-7672
Preparer
John Seright
Phone
8067443333
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

OTHER

Form 990, Part IX, Line 11G

Ttrc 5,763 0 0 office 209 0 0 total 5,972 0 0

Raw XML Appendix239 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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IRS990/FormationYr02021
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IRS990/GrossReceiptsAmt015119
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IRS990/IndependentVotingMemberCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0TO UNITE PARENTS, PARTICIPANTS AND SUPPORTERS OF THERAPEUTIC RIDING IN A COMMUNITY TO ORGANIZE EVENTS AND ACTIVITIES AND SPREAD AWARENESS FOR THE OPERATION AND GROWTH OF EQUINE ASSISTED THERAPIES
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt026493
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/ProfessionalFundraisingInd0false
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IRS990/PYTotalRevenueAmt033952
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IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/Filer/EIN0871986161
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ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-30
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ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0REBECCA
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ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits