Civic Intelligence

May Owen Irrevocable Trust

990 • Fiscal year 2019 • EIN 23-7377962

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

Organization ProfileWWW.TEXMED.ORG
401 West 15th StreetAustin, TX 78701-1680

(512) 370-1490

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

89th percentile

41%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

99th percentile

$837,111

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 214.3% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

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

Source year 2019

Revenue Growth

Score unavailable

No value available

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

Source year 2019

Balance Sheet
Liabilities / Assets15th percentile

Assets

$4,392,467

No earlier filing loaded for comparison.

Net Assets

$4,392,467

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin89th percentile

Revenue

$390,601

No earlier filing loaded for comparison.

Expenses

$231,783

No earlier filing loaded for comparison.

Net Income

$158,818

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Assets 2019: $4,392,467Liabilities 2019: $0Net Assets 2019: $4,392,4672019Assets 2020: $4,677,266Liabilities 2020: $0Net Assets 2020: $4,677,2662020Assets 2021: $5,088,783Liabilities 2021: $0Net Assets 2021: $5,088,7832021Assets 2022: $4,349,225Liabilities 2022: $0Net Assets 2022: $4,349,2252022Assets 2023: $4,522,709Liabilities 2023: $0Net Assets 2023: $4,522,7092023Assets 2024: $4,660,202Liabilities 2024: $0Net Assets 2024: $4,660,2022024

Highlighted filing

2019

Assets$4,392,467
Liabilities$0
Net Assets$4,392,467
Open 2019 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$400K$200K$0-$200KRevenue 2019: $390,601Expenses 2019: $231,783Net Income 2019: $158,8182019Revenue 2020: $146,421Expenses 2020: $204,853Net Income 2020: -$58,4322020Revenue 2021: $273,310Expenses 2021: $147,721Net Income 2021: $125,5892021Revenue 2022: $162,795Expenses 2022: $273,800Net Income 2022: -$111,0052022Revenue 2023: $303,945Expenses 2023: $298,882Net Income 2023: $5,0632023Revenue 2024: $321,920Expenses 2024: $280,650Net Income 2024: $41,2702024

Highlighted filing

2019

Revenue$390,601
Expenses$231,783
Net Income$158,818
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$1,203,503
Mission and Program Overview

Mission

The purpose of this fund is to loan money to qualified medical students who establish financial need.

To loan money to qualified medical students who establish financial need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,926,728$3,158,846▲ $232,118
Other Notes and Loans Receivable, Net$941,102$950,578▲ $9,476
Savings and Temporary Cash Investments$155,727$271,374▲ $115,647
Accounts Receivable$9,739$8,533▼ $1,206
Land, Buildings, and Equipment, Net$2,339$2,041▼ $298
Investments Other Securities$1,095$1,095→ $0
Total Assets$4,036,730$4,392,467▲ $355,737
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,033,295$4,389,331▲ $356,036
Net Assets Without Donor Restrictions$3,435$3,136▼ $299
Total Net Assets Fund Balance$4,036,730$4,392,467▲ $355,737
Total Liabilities and Net Assets / Fund Balance$4,036,730$4,392,467▲ $355,737

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,041$133,904$135,945

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$826,082---$826,082
2018$826,082---$826,082
2017$826,082---$826,082
2016$826,082---$826,082
2015$826,082---$826,082
Compensation and Service Providers
Top Officer Pay99th percentile

Employees

NameTitleOtherTotal
David C Fleeger MdPres(19-20)/pres-elect(18-19)$133,334$133,334
Douglas W Curran MdPres(18-19)/immed Past Pres(19-20)$66,667$66,667
Diana L Fite MdPres-elect(19-20)/chair(18-19)$4,000$4,000
E Linda Villarreal MdChair (19-20)/vice Chair(18-19)$4,000$4,000

Board Members and Trustees

NameTitle
Gary W Floyd MdVice Chair (19-20)/secretary (18-19)
Richard W Snyder Ii MdSecretary (19-20)/trustee (18-19)
Cynthia a Jumper MdTrustee
G Ray Callas MdTrustee
Jayesh B ShahTrustee
Joseph S Valenti MdTrustee
Keith a BourgeoisTrustee
Sue S Bornstein MdTrustee
Louis J Goodman PhdEvp/CEO
Michael DarrouzetEvp/CEO
Carlos J Cardenas MdImmed Past Pres(18-19)
Ankita V BrahmaroutuMedical Student Mbr
William a EstesMedical Student Mbr
Justin M Bishop MdResident/fellow Mbr
Kayla a Riggs MdResident/fellow Mbr
Michelle a Berger MdSecretary/treasurer
Susan M Strate MdSpeaker of the House(18-19)
Arlo F Weltge MdSpeaker of the House(19-20)/vice Speaker (18-19)
Bradford W Holland MdVice Speaker of the House (19-20)
Lindsay K BotsfordmdYoung Physician Mbr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$44,973
Investment Income
$345,628
Other Revenue
$0
Change in Net Assets
$158,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$129,913
Salaries, Compensation, and Employee Benefits$101,520
Grants and Similar Amounts Paid$350
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,791--$72,791
Fees for Services Management-$49,964-$49,964
Occupancy$23,485--$23,485
Information Technology$11,400$4,887-$16,287
Fees for Service Investment Mgmnt Fees-$14,128-$14,128
Other Employee Benefits$12,251--$12,251
Pension Plan Contributions$10,826--$10,826
Office Expenses$4,997$5,026-$10,023
Payroll Taxes$5,652--$5,652
Other Expenses$3,200--$3,200
Travel$3,028--$3,028
Fees for Services Accounting-$2,147-$2,147
Conferences and Meetings$902--$902
Grants to Domestic Orgs$350--$350
Depreciation Depletion-$299-$299
Fees for Services Legal-$162-$162
Total Functional Expenses$155,170$76,613$0$231,783
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
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is prepared by the director of the association accounting department. Prior to filing, the return is thoroughly reviewed by the executive vice president and the chief operating officer. The return is made available to all officers and trustees upon completion.”

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

“Disclosure of affiliations questionnaire is submitted by all officers and trustees annually. The conflict of interest policy is reviewed at the beginning of all board meetings.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
May Owen Irrevocable Trust
EIN
23-7377962
Phone
5123701490
Address
401 WEST 15TH STREET, AUSTIN, TX 78701-1680

Signing Officer

Name
Michael Darrouzet
Title
Evp/CEO
Phone
5123701300
Signed
2020-11-09
Discuss with paid preparer
No

Organization Details

Principal Officer
Michael Darrouzet
Formed
1974
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
17
Employees
0
Volunteers
25
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The board of trustees approves selection of independent auditor. The annual audit report is formally presented to the board by the audit firm partner responsible for the engagement. At this time, the board also meets with the auditor in executive session to discuss any questions and concerns in absence of association staff.”

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for uncertain tax positions based on a more-likely-than-not threshold for the recognition and de-recognition of tax positions, which includes the accounting for interest and penalties relating to tax positions. The organization does not currently have any material tax positions management considers uncertain at december 31, 2019.”

Raw XML AppendixShowing 400 of 628 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt00
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt09739
IRS990/AccountsReceivableGrp/EOYAmt08533
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO LOAN MONEY TO QUALIFIED MEDICAL STUDENTS WHO ESTABLISH FINANCIAL NEED.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0STEPHEN DAVIS
IRS990/BooksInCareOfDetail/PhoneNum05123701490
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0401 WEST 15TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0AUSTIN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd078701
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0902
IRS990/ConferencesMeetingsGrp/TotalAmt0902
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0350
IRS990/CYInvestmentIncomeAmt0345628
IRS990/CYOtherExpensesAmt0129913
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt044973
IRS990/CYRevenuesLessExpensesAmt0158818
IRS990/CYSalariesCompEmpBnftPaidAmt0101520
IRS990/CYTotalExpensesAmt0231783
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0390601
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0299
IRS990/DepreciationDepletionGrp/TotalAmt0299
IRS990/Desc0THE FUND LOANS MONEY TO QUALIFIED MEDICAL STUDENTS WHO ESTABLISH FINANCIAL NEED. IN 2019, $233,000 WAS LOANED TO 59 MEDICAL RESIDENTS AND MEDICAL STUDENTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt04033295
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04389331
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0155170
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02147
IRS990/FeesForServicesAccountingGrp/TotalAmt02147
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0162
IRS990/FeesForServicesLegalGrp/TotalAmt0162
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt049964
IRS990/FeesForServicesManagementGrp/TotalAmt049964
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt014128
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt014128
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt172.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt182.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt192.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt202.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt212.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt2340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt231.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt223907
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt23107720
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID C FLEEGER MD
IRS990/Form990PartVIISectionAGrp/PersonNm1DOUGLAS W CURRAN MD
IRS990/Form990PartVIISectionAGrp/PersonNm2CARLOS J CARDENAS MD
IRS990/Form990PartVIISectionAGrp/PersonNm3DIANA L FITE MD
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHELLE A BERGER MD
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN M STRATE MD
IRS990/Form990PartVIISectionAGrp/PersonNm6ARLO F WELTGE MD
IRS990/Form990PartVIISectionAGrp/PersonNm7BRADFORD W HOLLAND MD
IRS990/Form990PartVIISectionAGrp/PersonNm8E LINDA VILLARREAL MD
IRS990/Form990PartVIISectionAGrp/PersonNm9GARY W FLOYD MD
IRS990/Form990PartVIISectionAGrp/PersonNm10RICHARD W SNYDER II MD
IRS990/Form990PartVIISectionAGrp/PersonNm11SUE S BORNSTEIN MD
IRS990/Form990PartVIISectionAGrp/PersonNm12KEITH A BOURGEOIS
IRS990/Form990PartVIISectionAGrp/PersonNm13G RAY CALLAS MD
IRS990/Form990PartVIISectionAGrp/PersonNm14JAYESH B SHAH
IRS990/Form990PartVIISectionAGrp/PersonNm15JOSEPH S VALENTI MD
IRS990/Form990PartVIISectionAGrp/PersonNm16CYNTHIA A JUMPER MD
IRS990/Form990PartVIISectionAGrp/PersonNm17LINDSAY K BOTSFORDMD
IRS990/Form990PartVIISectionAGrp/PersonNm18JUSTIN M BISHOP MD
IRS990/Form990PartVIISectionAGrp/PersonNm19KAYLA A RIGGS MD
IRS990/Form990PartVIISectionAGrp/PersonNm20ANKITA V BRAHMAROUTU
IRS990/Form990PartVIISectionAGrp/PersonNm21WILLIAM A ESTES
IRS990/Form990PartVIISectionAGrp/PersonNm22MICHAEL DARROUZET
IRS990/Form990PartVIISectionAGrp/PersonNm23LOUIS J GOODMAN PHD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0133334
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt166667
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt34000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt84000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt22194172
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt23729391
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRES(19-20)/PRES-ELECT(18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRES(18-19)/IMMED PAST PRES(19-20)
IRS990/Form990PartVIISectionAGrp/TitleTxt2IMMED PAST PRES(18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRES-ELECT(19-20)/CHAIR(18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SPEAKER OF THE HOUSE(18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt6SPEAKER OF THE HOUSE(19-20)/VICE SPEAKER (18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE SPEAKER OF THE HOUSE (19-20)
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHAIR (19-20)/VICE CHAIR(18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt9VICE CHAIR (19-20)/SECRETARY (18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY (19-20)/TRUSTEE (18-19)
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17YOUNG PHYSICIAN MBR
IRS990/Form990PartVIISectionAGrp/TitleTxt18RESIDENT/FELLOW MBR
IRS990/Form990PartVIISectionAGrp/TitleTxt19RESIDENT/FELLOW MBR
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEDICAL STUDENT MBR
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEDICAL STUDENT MBR
IRS990/Form990PartVIISectionAGrp/TitleTxt22EVP/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt23EVP/CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01974
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0262073
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantAmt0350
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0350
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0350
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01074975
IRS990/GrossReceiptsAmt01203503
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt04887
IRS990/InformationTechnologyGrp/ProgramServicesAmt011400
IRS990/InformationTechnologyGrp/TotalAmt016287
IRS990/InvestmentIncomeGrp/ExclusionAmt083555
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt083555
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01095
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01095
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02926728
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03158846
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0133904
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02339
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02041
IRS990/LandBldgEquipCostOrOtherBssAmt0135945
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0812902
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PURPOSE OF THIS FUND IS TO LOAN MONEY TO QUALIFIED MEDICAL STUDENTS WHO ESTABLISH FINANCIAL NEED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt04036730
IRS990/NetAssetsOrFundBalancesEOYAmt04392467
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0262073
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0262073
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0196919
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03435
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03136
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt023485
IRS990/OccupancyGrp/TotalAmt023485
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05026
IRS990/OfficeExpensesGrp/ProgramServicesAmt04997
IRS990/OfficeExpensesGrp/TotalAmt010023
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012251
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012251
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1CREDIT LIFE INSURANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt06288
IRS990/OtherExpensesGrp/ProgramServicesAmt13200
IRS990/OtherExpensesGrp/TotalAmt06288
IRS990/OtherExpensesGrp/TotalAmt13200
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt072791
IRS990/OtherSalariesAndWagesGrp/TotalAmt072791
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0941102
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0950578
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05652
IRS990/PayrollTaxesGrp/TotalAmt05652
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt010826
IRS990/PensionPlanContributionsGrp/TotalAmt010826
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHAEL DARROUZET
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt044973
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt044973
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0338
IRS990/PYInvestmentIncomeAmt0229475
IRS990/PYOtherExpensesAmt0165552
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt047393
IRS990/PYRevenuesLessExpensesAmt0-9956
IRS990/PYSalariesCompEmpBnftPaidAmt0120934
IRS990/PYTotalExpensesAmt0286824
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0276868
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0158818
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt044973
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0155727
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0271374

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,392,467
Liabilities
$0
Net assets
$4,392,467
Revenue
$390,601
Expenses
$231,783
Net income
$158,818
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.66$0.00$4.66$0.32$0.28$0.04
2023Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$0.30$0.30$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.35$0.00$4.35$0.16$0.27$0.11
2021Detailed filing. Detailed filing data is available for this year.$5.09$0.00$5.09$0.27$0.15$0.13
2020Detailed filing. Detailed filing data is available for this year.$4.68$0.00$4.68$0.15$0.20$0.06
2019Detailed filing. Detailed filing data is available for this year.$4.39$0.00$4.39$0.39$0.23$0.16