Civic Intelligence

Skyly Inc.

990 • Fiscal year 2023 • EIN 93-3325308

Jun 14, 2023 to Dec 31, 2023 • Filed on Feb 03, 2025

3200 Research Forest Dr A5The Woodlands, TX 77381

(641) 472-6655

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.00x

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M 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

Assets

$5,249,996

No earlier filing loaded for comparison.

Net Assets

$5,249,996

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$5,250,000

No earlier filing loaded for comparison.

Expenses

$4

No earlier filing loaded for comparison.

Net Income

$5,249,996

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2023: $5,249,996Liabilities 2023: $0Net Assets 2023: $5,249,9962023Assets 2024: $6,340,568Liabilities 2024: $0Net Assets 2024: $6,340,5682024

Highlighted filing

2023

Assets$5,249,996
Liabilities$0
Net Assets$5,249,996

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2023: $5,250,000Expenses 2023: $4Net Income 2023: $5,249,9962023Revenue 2024: $3,206,713Expenses 2024: $2,116,141Net Income 2024: $1,090,5722024

Highlighted filing

2023

Revenue$5,250,000
Expenses$4
Net Income$5,249,996
Jump To
Filing Snapshot
Filing Period
Jun 14, 2023 to Dec 31, 2023
Signed
Feb 3, 2025
Return Version
2023v6.0
Gross Receipts
$5,250,000
Mission and Program Overview

Mission

The corporation's primary purpose is to provide education and support.

The corporation's primary purpose is providing education and support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$5,249,996▲ $5,249,996
Rtn Earn Endowment Incm Other Fnds$0$5,249,996▲ $5,249,996
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$5,249,996▲ $5,249,996
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$5,249,996▲ $5,249,996
Total Liabilities and Net Assets / Fund Balance$0$5,249,996▲ $5,249,996
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bryan HerrPresident
Eli GautreauxDirector
Randy WeaverDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$5,250,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$5,250,000
Change in Net Assets
$5,249,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4
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-$4-$4
Total Functional Expenses$0$4$0$4
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
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

Form 990, Part VI, Section B, Line 11B

The president and treasurer will review the form 990 before it is filed and a copy is provided to each member of the board prior to filing.

Form 990, Part VI, Section C, Line 18

IRS WEBSITE

Form 990, Part VI, Section C, Line 19

The organization does not make its governing documents and financial statements available to the public.

Filing and Contact Details

Filer

Filer Name
Skyly Inc
EIN
93-3325308
Phone
6414726655
Address
3200 RESEARCH FOREST DR A5, THE WOODLANDS, TX 77381

Signing Officer

Name
Bryan Herr
Title
President
Phone
6414726655
Signed
2025-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bryan Herr
Formed
2023
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Calvetti Ferguson
Address
700 LOUISIANA ST STE 2500, HOUSTON, TX 77002
Preparer
Lori Lato
Phone
7139572300
Raw XML Appendix252 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.

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IRS990/GrantAmt00
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IRS990/GrossReceiptsAmt05250000
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/PhoneNum06414726655
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ReturnHeader/ReturnTs02025-02-03T14:54:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-06-14
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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