Civic Intelligence

Bbva Compass Charity

EIN 26-1615917 • 501(c)3 • Birmingham, AL

Profile

Compassion and Charity Fund 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.

PO Box 10566 MAILCODE AL BI CH TXABirmingham, AL 35296

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2021

Net Margin

7th percentile

-54%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2021

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

6th percentile

-53%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $326,045 (-100%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Down

$0

Down $326,045 (-100%) from 2020

Revenue

Down

$604,373

Down $687,492 (-53%) from 2020

Expenses

Down

$930,418

Down $223,223 (-19%) from 2020

Net Income

Down

-$326,045

Down $464,269 (-336%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$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

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest 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

2021

Revenue$604,373
Expenses$930,418
Net Income-$326,045

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Sep 30, 2021
Signed
Feb 15, 2022
Return Version
2020v4.0
Gross Receipts
$604,373
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.

Compassion and Charity Fund 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$326,045$0▼ $326,045
Cap Stk Tr Prin Current Funds$326,045--
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$326,045$0▼ $326,045
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$326,045$0▼ $326,045
Total Liabilities and Net Assets / Fund Balance$326,045$0▼ $326,045
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$604,206
Program Service Revenue
$0
Investment Income
$167
Other Revenue
$0
All Other Contributions
$604,206
Change in Net Assets
$-326,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$923,398
Other Expenses$7,020
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$810,163--$810,163
Grants to Domestic Individuals$113,235--$113,235
Fees for Services Accounting-$6,920-$6,920
Other Expenses-$100-$100
Total Functional Expenses$923,398$7,020$0$930,418
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
United Way of Central ALBirmingham, AL501(c)(3)General support$135,066
American Red CrossWashington, DC501(c)(3)Disaster relief$125,000
Feeding AmericaChicago, IL501(c)(3)General support$125,000
United Way of Grtr HoustonHouston, TX501(c)(3)General support$24,442
Church of The HighlandsBirmingham, AL501(c)(3)General support$20,578
United Way of Metro DallasDallas, TX501(c)(3)General support$14,364
Gardendale First Baptist ChGardendale, AL501(c)(3)General support$8,500
St Jude Childrens HospitalMemphis, TN501(c)(3)General support$7,152
Heartfelt Ministries IncDesoto, TX501(c)(3)General support$6,565
Valley of The Sun United WayPhoenix, AZ501(c)(3)General support$5,959
Community Bible ChurchVallejo, CA501(c)(3)General support$5,797
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
Compassion and Charity Fund
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
2022-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Reymundo Ocanas
Formed
2007
Legal Domicile
Al
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
6

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3: Ceased Conducting or Significant Changes To Services

During the tax year, BBVA USA was acquired by PNC Bank. As a result, the Compassion and Charity Fund has wound down its operations and distributed its remaining funds pursuant to the attached articles of dissolution.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0113235
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Disaster/hardship assistance
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt068
IRS990ScheduleI/RecipientTable/CashGrantAmt0125000
IRS990ScheduleI/RecipientTable/CashGrantAmt120578
IRS990ScheduleI/RecipientTable/CashGrantAmt25797
IRS990ScheduleI/RecipientTable/CashGrantAmt3125000
IRS990ScheduleI/RecipientTable/CashGrantAmt48500
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IRS990ScheduleI/RecipientTable/CashGrantAmt67152
IRS990ScheduleI/RecipientTable/CashGrantAmt7135066
IRS990ScheduleI/RecipientTable/CashGrantAmt824442
IRS990ScheduleI/RecipientTable/CashGrantAmt914364
IRS990ScheduleI/RecipientTable/CashGrantAmt105959
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IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(c)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Disaster relief
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9General support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10General support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0American Red Cross
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Church of The Highlands
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Community Bible Church
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Feeding America
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4Gardendale First Baptist Ch
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Heartfelt Ministries Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6St Jude Childrens Hospital
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7United Way of Central AL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8United Way of Grtr Houston
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9United Way of Metro Dallas
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10Valley of The Sun United Way
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IRS990ScheduleI/RecipientTable/RecipientEIN9756005352
IRS990ScheduleI/RecipientTable/RecipientEIN10860104419
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0431 18th St NW
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt13660 Grandview Pkwy Ste 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2710 Broadway Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3161 N Clark St Ste 700
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4940 Main Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5PO Box 765
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6262 Danny Thomas Pl MSC 512
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt7PO Box 320189
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8PO Box 3247
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt91800 N Lamar Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt103200 E Camelback Rd Ste 375
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Washington
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Birmingham
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Vallejo
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm4Gardendale
IRS990ScheduleI/RecipientTable/USAddress/CityNm5Desoto
IRS990ScheduleI/RecipientTable/USAddress/CityNm6Memphis
IRS990ScheduleI/RecipientTable/USAddress/CityNm7Birmingham
IRS990ScheduleI/RecipientTable/USAddress/CityNm8Houston
IRS990ScheduleI/RecipientTable/USAddress/CityNm9Dallas
IRS990ScheduleI/RecipientTable/USAddress/CityNm10Phoenix
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0Per the BBVA Compassion program policy and procedures, employees may qualify for a maximum of two grants during the tenure with their bank, with each grant capped at $5,000. All BBVA Compassion applications received go through a pre qualification process by BBVA's Talent & Culture department and then through a final decision via the BBVA Compassion council. No employees received more than $5,000 in BBVA Compassion grant assistance in 2021.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used

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