Civic Intelligence

Kbr Charitable Foundation Inc.

990 • Fiscal year 2014 • EIN 26-0301417

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 12, 2015

601 Jefferson No Kt3504Houston, TX 77002-7900

(713) 753-5651

Siviq Scores

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

Liabilities / Assets

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

24th percentile

0.00x

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

35th percentile

-1.4%

Higher net margin than 35% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

6th percentile

-28%

Faster asset growth than 6% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

29th percentile

-5.2%

Faster revenue growth than 29% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$15,531

Down $6,189 (-28%) from 2013

Net Assets

Down

$15,531

Down $6,189 (-28%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Down

$435,323

Down $23,773 (-5.2%) from 2013

Expenses

Down

$441,512

Down $13,561 (-3.0%) from 2013

Net Income

Down

-$6,189

Down $10,212 (-254%) from 2013

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $37,937Liabilities 2011: $0Net Assets 2011: $37,9372011Assets 2012: $17,697Liabilities 2012: $0Net Assets 2012: $17,6972012Assets 2013: $21,720Liabilities 2013: $0Net Assets 2013: $21,7202013Assets 2014: $15,531Liabilities 2014: $0Net Assets 2014: $15,5312014Assets 2015: $6,508Liabilities 2015: $0Net Assets 2015: $6,5082015Assets 2016: $10,666Liabilities 2016: $0Net Assets 2016: $10,6662016Assets 2017: $52,938Liabilities 2017: $0Net Assets 2017: $52,9382017Assets 2018: $334,078Liabilities 2018: $0Net Assets 2018: $334,0782018Assets 2019: $353,047Liabilities 2019: $0Net Assets 2019: $353,0472019Assets 2021: $580,661Liabilities 2021: $0Net Assets 2021: $580,6612021Assets 2024: $1,236,343Liabilities 2024: $0Net Assets 2024: $1,236,3432024

Highlighted filing

2014

Assets$15,531
Liabilities$0
Net Assets$15,531

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $352,7222011Expenses 2012: $422,3002012Revenue 2013: $459,096Expenses 2013: $455,073Net Income 2013: $4,0232013Revenue 2014: $435,323Expenses 2014: $441,512Net Income 2014: -$6,1892014Revenue 2015: $449,435Expenses 2015: $458,458Net Income 2015: -$9,0232015Revenue 2016: $438,173Expenses 2016: $434,015Net Income 2016: $4,1582016Revenue 2017: $644,788Expenses 2017: $602,516Net Income 2017: $42,2722017Revenue 2018: $654,151Expenses 2018: $373,011Net Income 2018: $281,1402018Revenue 2019: $386,519Expenses 2019: $367,550Net Income 2019: $18,9692019Revenue 2021: $560,804Expenses 2021: $519,323Net Income 2021: $41,4812021Revenue 2024: $975,973Expenses 2024: $914,336Net Income 2024: $61,6372024

Highlighted filing

2014

Revenue$435,323
Expenses$441,512
Net Income-$6,189
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 12, 2015
Return Version
2014v5.0
Gross Receipts
$576,400
Mission and Program Overview

Mission

The kbr charitable foundation, inc is a non-profit corporation focused on pursuing philanthropic activities in order to raise funds for 501(c)(3) charitable organizations. The organization generally has one fundraising event each year, a golf tournament held in september. In 2017, the organization initiated a program to provide relief to kbr employees who were impacted by flooding in august 2017 due to hurricane harvey. Donations were received from kbr, kbr employees and other entities and were distributed to kbr employees to provide immediate relief. The program is ongoing.

The kbr charitable foundation, inc is a non-profit corporation focused on pursuing philanthropic activities in order to raise funds for 501(c) (3) charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$21,720$15,531▼ $6,189
Total Assets$21,720$15,531▼ $6,189
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$21,720$15,531▼ $6,189
Total Net Assets Fund Balance$21,720$15,531▼ $6,189
Total Liabilities and Net Assets / Fund Balance$21,720$15,531▼ $6,189
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$435,323
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-6,189

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$21,000Retail Value of Serv
Other Non Cash Contri Table18$20,000Sales Price
Other Non Cash Contri Table1$5,500Retail Cost of Merch
Total Noncash Contributions20$46,500-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$437,000
Other Expenses$4,512
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$437,000--$437,000
Fees for Services Accounting-$3,033-$3,033
Office Expenses-$1,364-$1,364
Other Expenses-$115-$115
Total Functional Expenses$437,000$4,512$0$441,512
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Cancer SocietyHouston, TX501(c) (3)Prevent Cancer Through Research$36,000
Big Brothers Big SistersHouston, TX501(c) (3)Support Children$36,000
Boys & Girls Club of Greater HoustonHouston, TX501(c) (3)Youth Development$36,000
Buffalo Bayou PartnershipHouston, TX501(c) (3)Revitalizing & Transforming Buffalo Bayou in Houston, Texas$36,000
CHILDEN'S MUSEUMHouston, TX501(c) (3)Educate Children$36,000
Community in Schools (fort Hood)Killeen, TX501(c) (3)Educate Children$36,000
Galveston Bay FoundationWebster, TX501(c) (3)Protect & Preserve Coastal Habitat of Galveston Beach$36,000
HOUSTON AREA WOMEN'S CENTER - #6067313Houston, TX501(c) (3)Provide Help to Individuals Affected by Domestic and Sexual Violence$36,000
Houston Community College FoundationHouston, TX501(c) (3)To Provide Scholorships and Funding of Other Critical Areas of the College$36,000
Impact Player Partners IncCincinnati, OH501(c) (3)Support of Wounded Veterans$36,000
Memorial Park ConservancyHouston, TX501(c) (3)Preservation of Memorial Park in Houston, Texas$36,000
St Judes Children Research HospitalMemphis, TN501(c) (3)Research, Care and Treatment of Childhood Cancer$36,000
The Links Foundation IncWashington, DC501(c) (3)Support of Other 501(c)(3) Organizations$5,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$141,077
Fundraising Gross Income$141,077
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$576,400$141,077$8,687$132,390
Total Events$576,400$141,077$141,077$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
Yes
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, Part VI, Section B, Line 11

Review and signature will be provided by the kbr tax department and officers of the foundation.

Form 990, Part VI, Section C, Line 19

Information is available upon request.

Filing and Contact Details

Filer

Filer Name
Kbr Charitable Foundation Inc
EIN
26-0301417
Phone
7137535651
Address
601 JEFFERSON NO KT3504, HOUSTON, TX 77002-7900

Signing Officer

Name
Lane Ransom
Title
Officer
Phone
7137535651
Signed
2015-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lane Ransom
Formed
2007
Legal Domicile
De
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Hajovsky Jones & Co Pc
Address
14614 FALLING CREEK DR SUITE 105, HOUSTON, TX 77068
Preparer
Richard Jones
Phone
2814400142
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IRS990/Form990PartVIISectionAGrp/TitleTxt15OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt16OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt22OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt23OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt24OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt25OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt26OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt0141077
IRS990/FundraisingGrossIncomeAmt0141077
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0437000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0THE KBR CHARITABLE FOUNDATION, INC IS A NON-PROFIT CORPORATION FOCUSED ON PURSUING PHILANTHROPIC ACTIVITIES IN ORDER TO RAISE FUNDS FOR 501(C)(3) CHARITABLE ORGANIZATIONS. THE ORGANIZATION GENERALLY HAS ONE FUNDRAISING EVENT EACH YEAR, A GOLF TOURNAMENT HELD IN SEPTEMBER.
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt015000
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt055000
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IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt084128

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