Civic Intelligence

Palacios Chamber Foundation

990EZ • Fiscal year 2020 • EIN 03-0566931

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 18, 2021

420 Main StreetPalacios, TX 77465

(361) 920-3864

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

7th percentile

-59%

Faster asset growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$3,939

Down $5,756 (-59%) from 2019

Net Assets

$3,939

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$0

Down $3,002 (-100%) from 2019

Expenses

Up

$5,756

Up $1,056 (+22%) from 2019

Net Income

Down

-$5,756

Down $4,058 (-239%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2011: $14,216Liabilities 2011: $02011Assets 2012: $16,382Liabilities 2012: $02012Assets 2013: $18,451Liabilities 2013: $02013Assets 2014: $18,976Liabilities 2014: $02014Assets 2015: $16,288Liabilities 2015: $0Net Assets 2015: $16,2882015Assets 2016: $12,323Liabilities 2016: $0Net Assets 2016: $12,3232016Assets 2017: $13,011Liabilities 2017: $0Net Assets 2017: $12,7242017Assets 2018: $11,393Liabilities 2018: $0Net Assets 2018: $11,3932018Assets 2019: $9,695Liabilities 2019: $02019Assets 2020: $3,939Liabilities 2020: $0Net Assets 2020: $3,9392020Assets 2021: $4,759Liabilities 2021: $1,750Net Assets 2021: $3,0092021Assets 2022: $4,184Liabilities 2022: $1,000Net Assets 2022: $3,1842022Assets 2023: $22,622Liabilities 2023: $0Net Assets 2023: $22,6422023Assets 2024: $22,413Net Assets 2024: $22,4132024

Highlighted filing

2020

Assets$3,939
Liabilities$0
Net Assets$3,939

Operations Trend

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

$15K$10K$5.0K$0-$5.0K-$10KRevenue 2011: $6,916Expenses 2011: $6,103Net Income 2011: $8132011Revenue 2012: $8,545Expenses 2012: $6,379Net Income 2012: $2,1662012Revenue 2013: $8,332Expenses 2013: $6,263Net Income 2013: $2,0692013Revenue 2014: $4,843Expenses 2014: $4,381Net Income 2014: $4622014Revenue 2015: $5,298Expenses 2015: $7,986Net Income 2015: -$2,6882015Revenue 2016: $6,171Expenses 2016: $10,136Net Income 2016: -$3,9652016Revenue 2017: $3,013Expenses 2017: $2,612Net Income 2017: $4012017Revenue 2018: $2,811Expenses 2018: $4,429Net Income 2018: -$1,6182018Revenue 2019: $3,002Expenses 2019: $4,700Net Income 2019: -$1,6982019Revenue 2020: $0Expenses 2020: $5,756Net Income 2020: -$5,7562020Revenue 2021: $1,100Expenses 2021: $2,030Net Income 2021: -$9302021Revenue 2022: $2,000Expenses 2022: $1,825Net Income 2022: $1752022Revenue 2023: $10,020Expenses 2023: $9,890Net Income 2023: $1302023Revenue 2024: $51Expenses 2024: $260Net Income 2024: -$2092024

Highlighted filing

2020

Revenue$0
Expenses$5,756
Net Income-$5,756
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 18, 2021
Return Version
2020v4.0
Mission and Program Overview

Mission

Supporting Organization

Program Services

DescriptionGrantsExpenses
Chamber Foundation is Organized in support of the Palacios Chamber of Commerce and to promote the Chamber charitable, educational purpose-$5,714
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Shane KrenekPresident-$0--
Sally KurtzTreasurer-$0--
Pam OliverDirector-$0--
David KocurekDirector-$0--
John GarrDirector-$0--
Kayla SanchezDirector-$0--
Filing and Contact Details

Filer

Filer Name
Palacios Chamber Foundation
EIN
03-0566931
Address
420 Main Street, PALACIOS, TX 77465

Signing Officer

Name
Sarah Kurtz
Title
Treasurer
Signed
2021-02-18
Discuss with paid preparer
Yes

Preparer

Firm
Trishas Tax and Bookkeeping
Address
2924 Avenue K, Bay City, TX 77414
Preparer
Patricia Pennington
Phone
9792450373
Supplemental Narrative

Additional Explanations

Form 990 EZ Line 10

Grants and Similar Amounts Paid Scholarship payouts 5450

Form 990 EZ Line 16

Other Expenses Bank Fees 46

Raw XML Appendix141 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Sally Kurtz
IRS990EZ/BooksInCareOfDetail/PhoneNum03619203864
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt011798 FM 2853
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALACIOS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077465
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt09695
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03939
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5756
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0260
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/Form990TotalAssetsGrp/BOYAmt09695
IRS990EZ/Form990TotalAssetsGrp/EOYAmt03939
IRS990EZ/GrantsAndSimilarAmountsPaidAmt05450
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt09695
IRS990EZ/NetAssetsOrFundBalancesEOYAmt03939
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt09695
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt03939
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Shane Krenek
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Sally Kurtz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Pam Oliver
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3David Kocurek
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4John Garr
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Kayla Sanchez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt046
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Supporting Organization
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Chamber Foundation is Organized in support of the Palacios Chamber of Commerce and to promote the Chamber charitable, educational purpose
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt05714
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt05756
IRS990EZ/TotalProgramServiceExpensesAmt05714
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Bylaws state the distributions are to be made to organizatio that qualify as exemt under section 501 (c) (3).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Organization was supplied an IRS determination letter for the supported organization to verify exempt status
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2Reciepts for expense have to be provided to the organizatio
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV Section A Line 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV Section A Line 3b
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2Part IV Section A Line 3c
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0740821803
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Palacios Chamber of
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grants and Similar Amounts Paid Scholarship payouts 5450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other Expenses Bank Fees 46
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 EZ Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 EZ Line 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sarah Kurtz
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Palacios Chamber Foundation
ReturnHeader/Filer/BusinessNameControlTxt0PALA
ReturnHeader/Filer/EIN0030566931
ReturnHeader/Filer/USAddress/AddressLine1Txt0420 Main Street
ReturnHeader/Filer/USAddress/CityNm0PALACIOS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077465
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760363115
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Trishas Tax and Bookkeeping
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02924 Avenue K
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bay City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077414
ReturnHeader/PreparerPersonGrp/PhoneNum09792450373
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Patricia Pennington
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-03-05T12:09:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Sarah
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Kurtz
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$22.4$22.4$0.05$0.26$0.21
2023Detailed filing. Detailed filing data is available for this year.$22.6$0.00$22.6$10.0$9.89$0.13
2022Detailed filing. Detailed filing data is available for this year.$4.18$1.00$3.18$2.00$1.83$0.18
2021Detailed filing. Detailed filing data is available for this year.$4.76$1.75$3.01$1.10$2.03$0.93
2020Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$0.00$5.76$5.76
2019Summary only. Only limited summary data is available for this year.$9.70$0.00$3.00$4.70$1.70
2018Detailed filing. Detailed filing data is available for this year.$11.4$0.00$11.4$2.81$4.43$1.62
2017Detailed filing. Detailed filing data is available for this year.$13.0$0.00$12.7$3.01$2.61$0.40
2016Detailed filing. Detailed filing data is available for this year.$12.3$0.00$12.3$6.17$10.1$3.97
2015Detailed filing. Detailed filing data is available for this year.$16.3$0.00$16.3$5.30$7.99$2.69
2014Summary only. Only limited summary data is available for this year.$19.0$0.00$4.84$4.38$0.46
2013Summary only. Only limited summary data is available for this year.$18.5$0.00$8.33$6.26$2.07
2012Summary only. Only limited summary data is available for this year.$16.4$0.00$8.55$6.38$2.17
2011Summary only. Only limited summary data is available for this year.$14.2$0.00$6.92$6.10$0.81