Civic Intelligence

Westchase District Community Fund

990 • Fiscal year 2023 • EIN 27-1768251

Jan 01, 2023 to Dec 31, 2023 • Filed on May 02, 2024

10370 Richmond Ave Ste 1350Houston, TX 77042

(713) 780-9434

Siviq Scores

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

Liabilities / Assets

75th percentile

0.31x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

5.74x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

48th percentile

3.8%

Faster asset growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

81%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$4,239,286

Up $154,271 (+3.8%) from 2022

Net Assets

Up

$2,919,286

Up $204,271 (+7.5%) from 2022

Liabilities

Down

$1,320,000

Down $50,000 (-3.6%) from 2022

Revenue

Up

$230,144

Up $103,201 (+81%) from 2022

Expenses

Down

$25,873

Down $1,623 (-5.9%) from 2022

Net Income

Up

$204,271

Up $104,824 (+105%) from 2022

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2017: $35,189Net Assets 2017: $35,1892017Assets 2018: $29,861Net Assets 2018: $29,8612018Assets 2019: $65,461Net Assets 2019: $65,4612019Assets 2020: $668,473Liabilities 2020: $1,250Net Assets 2020: $667,2232020Assets 2021: $4,071,485Liabilities 2021: $1,455,917Net Assets 2021: $2,615,5682021Assets 2022: $4,085,015Liabilities 2022: $1,370,000Net Assets 2022: $2,715,0152022Assets 2023: $4,239,286Liabilities 2023: $1,320,000Net Assets 2023: $2,919,2862023Assets 2024: $4,443,252Liabilities 2024: $1,270,000Net Assets 2024: $3,173,2522024

Highlighted filing

2023

Assets$4,239,286
Liabilities$1,320,000
Net Assets$2,919,286

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $31,673Expenses 2017: $37,186Net Income 2017: -$5,5132017Revenue 2018: $34,981Expenses 2018: $40,307Net Income 2018: -$5,3262018Revenue 2019: $70,168Expenses 2019: $34,568Net Income 2019: $35,6002019Revenue 2020: $676,220Expenses 2020: $74,458Net Income 2020: $601,7622020Revenue 2021: $1,959,526Expenses 2021: $11,181Net Income 2021: $1,948,3452021Revenue 2022: $126,943Expenses 2022: $27,496Net Income 2022: $99,4472022Revenue 2023: $230,144Expenses 2023: $25,873Net Income 2023: $204,2712023Revenue 2024: $280,667Expenses 2024: $26,701Net Income 2024: $253,9662024

Highlighted filing

2023

Revenue$230,144
Expenses$25,873
Net Income$204,271
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 2, 2024
Return Version
2023v5.0
Gross Receipts
$230,144
Mission and Program Overview

Mission

To assist westchase district with additional community needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,667,255$2,803,002▲ $135,747
Pledges and Grants Receivable$1,370,000$1,320,000▼ $50,000
Cash and Non-Interest-Bearing Accounts$42,510$102,784▲ $60,274
Accounts Receivable$5,250$13,500▲ $8,250
Total Assets$4,085,015$4,239,286▲ $154,271
Liabilities
Deferred Revenue$1,370,000$1,320,000▼ $50,000
Total Liabilities$1,370,000$1,320,000▼ $50,000
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,715,015$2,919,286▲ $204,271
Total Net Assets Fund Balance$2,715,015$2,919,286▲ $204,271
Total Liabilities and Net Assets / Fund Balance$4,085,015$4,239,286▲ $154,271
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kimberly CrowChair
Lisa IparreaVice Chair
Craig EichhornBoard Member
Dozie OheriBoard Member
John DombrowksiBoard Member
Maria De Jesus CarbajalBoard Member
Ricky GonzalezBoard Member
Keitha GallienSecretary
Louis JullienTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,021
Program Service Revenue
$90,375
Investment Income
$135,748
Other Revenue
$0
All Other Contributions
$4,021
Change in Net Assets
$204,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,873
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$24,539--$24,539
Office Expenses-$1,334-$1,334
Total Functional Expenses$24,539$1,334$0$25,873
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
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B

Organizations process to review form 990, the treasurer and cfo review the return, and the treasurer signs the return.

Form 990, Part VI, Line LINE 19

Governing documents disclosure explanation, no documents available to the public.

Filing and Contact Details

Filer

Filer Name
Westchase District Community Fund
EIN
27-1768251
Phone
7137809434
Address
10370 RICHMOND AVE STE 1350, HOUSTON, TX 77042

Signing Officer

Name
Louis Jullien
Title
Treasurer
Phone
7137809434
Signed
2024-05-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Louis Jullien
Formed
2010
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Breedlove & Co Pc
Address
17014 Seven Pines Dr, Spring, TX 77379
Preparer
Nicole B Hunt
Phone
2813791065
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/TotalProgramServiceRevenueAmt090375
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0230144
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04085015
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04239286
IRS990/TravelGrp/TotalAmt00
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IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0HOUSTON
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LOUIS JULLIEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07137809434
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTCHASE DISTRICT COMMUNITY FUND
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0271768251
ReturnHeader/Filer/PhoneNum07137809434
ReturnHeader/Filer/USAddress/AddressLine1Txt010370 RICHMOND AVE STE 1350
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760080978
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BREEDLOVE & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017014 Seven Pines Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Spring
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077379
ReturnHeader/PreparerPersonGrp/PhoneNum02813791065
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICOLE B HUNT
ReturnHeader/ReturnTs02024-05-14T02:51:35-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LOUIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JULLIEN
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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