Civic Intelligence

Boomerang Cares Foundation

EIN 88-3863962 • 501(c)3 • McKinney, TX

Pub. 78 Eligible990-N CoverageNTEE P40

Profile

Provide assistance to families in need

207 East Virginia St Ste 214McKinney, TX 75069

boomerangcares.org

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

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

NTEE P40 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.00x

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

NTEE P40 • <$500k nonprofits • Source year 2023

Net Margin

91st percentile

61%

Higher net margin than 91% of similar nonprofits.

NTEE P40 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

NTEE P40 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Balance Sheet
Liabilities / Assets64th percentile

Assets

$78,485

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$78,485

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue66th percentileNet Margin91st percentile

Revenue

$63,415

No earlier filing loaded for comparison.

Expenses

$24,474

No earlier filing loaded for comparison.

Net Income

$38,941

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$80K$60K$40K$20K$0Assets 2023: $78,485Liabilities 2023: $0Net Assets 2023: $78,4852023

Highlighted filing

2023

Assets$78,485
Liabilities$0
Net Assets$78,485
Open 2023 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$80K$60K$40K$20K$0Revenue 2023: $63,415Expenses 2023: $24,474Net Income 2023: $38,9412023

Highlighted filing

2023

Revenue$63,415
Expenses$24,474
Net Income$38,941
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$78,485
Liabilities
$0
Net assets
$78,485
Revenue
$63,415
Expenses
$24,474
Net income
$38,941
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$78.5$0.00$78.5$63.4$24.5$38.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$83,238
Mission and Program Overview

Mission

Provide assistance to families in need

Program Services

DescriptionGrantsExpenses
Our charity raised funds to help several local families exepriencing hardships during the holiday season by providing toys, warm clothes, and warm meals.-$24,474
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEY L GARCIAChief Executive OfficerPT$0--
David GarciaPresident - Executive DirectorPT$0--
Andrea DayTreasurer - Chief Financial OfficerPT$0--
Filing and Contact Details

Filer

Filer Name
Boomerang Cares Foundation
EIN
88-3863962
Address
207 EAST VIRGINIA ST STE 214, McKinney, TX 75069

Signing Officer

Name
Josey L Garcia
Title
Chief Executive
Phone
4693967203
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Guadalupe Barraza CPA LLC
Address
101 E Park Blvd Suite 600, Plano, TX 75074
Preparer
Guadalupe Barraza CPA
Phone
4694368057
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description Amountsupplies and materials 7,108”

Raw XML Appendix126 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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IRS990EZ/BooksInCareOfDetail/PersonNm0Andrea Day
IRS990EZ/BooksInCareOfDetail/PhoneNum04693967203
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0207 EAST VIRGINIA ST STE 214
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0McKinney
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075069
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt039544
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt078485
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt083238
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt038941
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05492
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039544
IRS990EZ/Form990TotalAssetsGrp/EOYAmt078485
IRS990EZ/GrossReceiptsAmt083238
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039544
IRS990EZ/NetAssetsOrFundBalancesEOYAmt078485
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039544
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt078485
IRS990EZ/OccupancyRentUtltsAndMaintAmt07125
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEY L GARCIA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1David Garcia
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Andrea Day
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chief Executive Officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1President - Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer - Chief Financial Officer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt07108
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Provide assistance to families in need
IRS990EZ/PrintingPublicationsPostageAmt04749
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Our charity raised funds to help several local families exepriencing hardships during the holiday season by providing toys, warm clothes, and warm meals.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024474
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt019823
IRS990EZ/SpecialEventsNetIncomeLossAmt0-19823
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt024474
IRS990EZ/TotalProgramServiceExpensesAmt024474
IRS990EZ/TotalRevenueAmt063415
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0boomerangcares.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt083238
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt056797
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0140035
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0140035
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt083238
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt056797
IRS990ScheduleA/Total509Grp/TotalAmt0140035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt083238
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt056797
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0140035
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description Amountsupplies and materials 7,108
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEY L GARCIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chief Executive
ReturnHeader/BusinessOfficerGrp/PhoneNum04693967203
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOOMERANG CARES FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BOOM
ReturnHeader/Filer/EIN0883863962
ReturnHeader/Filer/USAddress/AddressLine1Txt0207 EAST VIRGINIA ST STE 214
ReturnHeader/Filer/USAddress/CityNm0McKinney
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075069
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0874042131
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Guadalupe Barraza CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0101 E Park Blvd Suite 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Plano
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075074
ReturnHeader/PreparerPersonGrp/PhoneNum04694368057
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Guadalupe Barraza CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-15T23:17:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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