Civic Intelligence

Bbva Compass Charity

990 • Fiscal year 2020 • EIN 26-1615917

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2021

PO Box 10566 MAILCODE AL BI CH TXABirmingham, AL 35296

(713) 831-7494

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.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

60th percentile

11%

Higher net margin than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

90th percentile

74%

Faster asset growth than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

29%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$326,045

Up $138,224 (+74%) from 2019

Net Assets

Up

$326,045

Up $138,224 (+74%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$1,291,865

Up $290,722 (+29%) from 2019

Expenses

Up

$1,153,641

Up $165,369 (+17%) from 2019

Net Income

Up

$138,224

Up $125,353 (+974%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $378,564Liabilities 2015: $0Net Assets 2015: $378,5642015Assets 2016: $194,133Liabilities 2016: $0Net Assets 2016: $194,1332016Assets 2017: $75,092Liabilities 2017: $0Net Assets 2017: $75,0922017Assets 2019: $187,821Liabilities 2019: $0Net Assets 2019: $187,8212019Assets 2020: $326,045Liabilities 2020: $0Net Assets 2020: $326,0452020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2020

Assets$326,045
Liabilities$0
Net Assets$326,045

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2015: $1,106,511Expenses 2015: $1,416,958Net Income 2015: -$310,4472015Revenue 2016: $1,018,617Expenses 2016: $1,178,098Net Income 2016: -$159,4812016Revenue 2017: $939,211Expenses 2017: $1,045,227Net Income 2017: -$106,0162017Revenue 2019: $1,001,143Expenses 2019: $988,272Net Income 2019: $12,8712019Revenue 2020: $1,291,865Expenses 2020: $1,153,641Net Income 2020: $138,2242020Revenue 2021: $604,373Expenses 2021: $930,418Net Income 2021: -$326,0452021

Highlighted filing

2020

Revenue$1,291,865
Expenses$1,153,641
Net Income$138,224
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.0
Gross Receipts
$1,291,865
Mission and Program Overview

Mission

BBVA Charity serves as a vehicle for BBVA employees to make charitable contributions to other organizations of their choice and provide financial relief to BBVA employees who may be facing a catastrophic event or personal hardship.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$187,821$326,045▲ $138,224
Cap Stk Tr Prin Current Funds$187,821$326,045▲ $138,224
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$187,821$326,045▲ $138,224
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$187,821$326,045▲ $138,224
Total Liabilities and Net Assets / Fund Balance$187,821$326,045▲ $138,224
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rosilyn HoustonChairman
J Reymundo OcanasPresident
Arlene HernandezDirector
B Shane ClantonDirector
Bill HelmsDirector
Kevin CunninghamDirector
Megan RayDirector
Carrie L CogburnAsst Secretary
Jeff WaldmanAsst. Treasurer
Brian HerrickSecretary
Jonathan PenningtonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,290,779
Program Service Revenue
$0
Investment Income
$1,086
Other Revenue
$0
All Other Contributions
$1,290,779
Change in Net Assets
$138,224
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,153,641
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$953,976--$953,976
Grants to Domestic Individuals$199,665--$199,665
Total Functional Expenses$1,153,641$0$0$1,153,641
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Way of Central ALBirmingham, AL501(c)(3)General support$175,445
United Way of Grtr HoustonHouston, TX501(c)(3)General support$42,617
Church of The HighlandsBirmingham, AL501(c)(3)General support$28,307
United Way of Metro DallasDallas, TX501(c)(3)General support$27,409
Northgate Christian FellwshpBenicia, CA501(c)(3)General support$14,120
Westwood Baptist ChurchAlabaster, AL501(c)(3)General support$11,960
Valley of The Sun United WayPhoenix, AZ501(c)(3)General support$10,289
St Jude Childrens HospitalMemphis, TN501(c)(3)General support$9,524
Shades Mountain Baptist ChrchBirmingham, AL501(c)(3)General support$8,470
Birmingham Humane SocietyBirmingham, AL501(c)(3)General support$7,796
First Baptist Church HoustonHouston, TX501(c)(3)General support$7,354
River Region United WayMontgomery, AL501(c)(3)General support$7,175
United Way of Tucson& S ARTucson, AZ501(c)(3)General support$7,110
United Way - Morgan CountyDecatur, AL501(c)(3)General support$6,931
American Red CrossWashington, DC501(c)(3)General support$6,500
Heartfelt Ministries IncDesoto, TX501(c)(3)General support$6,500
University of RochesterRochester, NY501(c)(3)General support$6,500
Community Food Bank Cntl ALBirmingham, AL501(c)(3)General support$6,130
Downtown Jimmie Hale MissionBirmingham, AL501(c)(3)General support$6,055
United Way of Northeast FLJacksonville, FL501(c)(3)General support$6,050
United Way of San AntonioSan Antonio, TX501(c)(3)General support$5,985
Gardendale First Baptist ChGardendale, AL501(c)(3)General support$5,500
United Way of Tarrant CntyFort Worth, TX501(c)(3)General support$5,218
United Way DenverDenver, CO501(c)(3)General support$5,095
Watchtower Bible & Tract SocWallkill, NY501(c)(3)General support$5,043
United Way of South TexasMcallen, TX501(c)(3)General support$5,024
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Line 11B: Form 990 Review Process

Form 990 is provided to the board prior to filing with IRS.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All board members are required to complete and affirm a conflict of interest statement annually. The board of directors must also conduct periodic reviews of compliance with the organization's conflict of interest policy.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon request

Filing and Contact Details

Filer

Filer Name
BBVA Charity
EIN
26-1615917
Phone
7138317494
Address
PO Box 10566 MAILCODE AL BI CH TXA, Birmingham, AL 35296

Signing Officer

Name
J Reymundo Ocanas
Title
President
Signed
2021-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Reymundo Ocanas
Formed
2007
Legal Domicile
Al
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
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IRS990/ProgSrvcAccomActy2Grp/Desc0The BBVA Compassion Team Support Fund program is designed to help provide financial relief to BBVA employees who may be facing a catastrophic event or personal hardship. Eligible team members can receive up to 2 grants during their tenure with the bank, with each grant capped at $5,000 (or as otherwise determined by the BBVA Charity Board). Current BBVA employees can provide funding by making direct tax-deductible donations to BBVA Compassion. Donations are facilitated through the BBVA Volunteer Connection Platform and can be received as a one-time transaction or payroll deduction. Donations are aggregated and automatically paid on employees behalf on a monthly basis. All donations are deposited into the BBVA Compassion Account. Employees approved through the program receive a grant disbursed from the BBVA Compassion account.
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt0326045
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01290779
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0997570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01027003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0938700
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02024
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0511
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05272246
IRS990ScheduleA/TotalSupportAmt05279858
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Disaster /hardship assistance
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IRS990ScheduleI/RecipientTable/CashGrantAmt814120
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IRS990ScheduleI/RecipientTable/CashGrantAmt1542617
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IRS990ScheduleI/RecipientTable/CashGrantAmt176050
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt170
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt190
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt200
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt210
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt220

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