Civic Intelligence

Altus Foundation

990 • Fiscal year 2017 • EIN 45-2751486

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization ProfileALTUSFOUNDATION.COM
1535 W Loop South 450Houston, TX 77027

(713) 627-2000

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.54x

Higher debt load relative to assets than 82% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

54th percentile

0.12x

Higher debt load relative to revenue than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

17th percentile

-13%

Higher net margin than 17% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

75th percentile

$115,417

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

40th percentile

0.4%

Faster asset growth than 40% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets82nd percentile

Assets

Up

$238,337

Up $1,032 (+0.4%) from 2016

Net Assets

Down

$109,141

Down $88,627 (-45%) from 2016

Liabilities

Up

$129,196

Up $89,659 (+227%) from 2016

Revenue And Expenses
Liabilities / Revenue54th percentileNet Margin17th percentile

Revenue

Up

$1,045,556

Up $409,305 (+64%) from 2016

Expenses

Up

$1,185,040

Up $277,988 (+31%) from 2016

Net Income

Up

-$139,484

Up $131,317 (+48%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$800K$600K$400K$200K$0Assets 2011: $4,336Net Assets 2011: $4,3362011Assets 2012: $184,517Liabilities 2012: $0Net Assets 2012: $184,5172012Assets 2013: $410,966Liabilities 2013: $0Net Assets 2013: $410,9662013Assets 2014: $457,076Liabilities 2014: $0Net Assets 2014: $457,0762014Assets 2015: $468,569Liabilities 2015: $0Net Assets 2015: $468,5692015Assets 2016: $237,305Liabilities 2016: $39,537Net Assets 2016: $197,7682016Assets 2017: $238,337Liabilities 2017: $129,196Net Assets 2017: $109,1412017Assets 2018: $505,018Liabilities 2018: $292,664Net Assets 2018: $212,3542018Assets 2019: $488,966Liabilities 2019: $27,431Net Assets 2019: $461,5352019Assets 2020: $603,579Liabilities 2020: $23,845Net Assets 2020: $579,7342020

Highlighted filing

2017

Assets$238,337
Liabilities$129,196
Net Assets$109,141
Open 2017 Filing

Operations Trend

Revenue Growth89th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $5,440Expenses 2011: $1,104Net Income 2011: $4,3362011Expenses 2012: $238,2122012Revenue 2013: $587,188Expenses 2013: $360,739Net Income 2013: $226,4492013Revenue 2014: $681,047Expenses 2014: $634,937Net Income 2014: $46,1102014Revenue 2015: $873,263Expenses 2015: $861,770Net Income 2015: $11,4932015Revenue 2016: $636,251Expenses 2016: $907,052Net Income 2016: -$270,8012016Revenue 2017: $1,045,556Expenses 2017: $1,185,040Net Income 2017: -$139,4842017Revenue 2018: $1,061,365Expenses 2018: $958,152Net Income 2018: $103,2132018Revenue 2019: $1,447,388Expenses 2019: $966,236Net Income 2019: $481,1522019Revenue 2020: $665,251Expenses 2020: $515,589Net Income 2020: $149,6622020

Highlighted filing

2017

Revenue$1,045,556
Expenses$1,185,040
Net Income-$139,484
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$1,076,409
Mission and Program Overview

Mission

The corporation mission is to develop resources for patients in need of services through an altus healthcare facility or service utilizing philanthropic support and patient & community educational programs. The corporation is organized exclusively for charitable, educational and scientific purposes.within the scope of this purposes, the corporation's primary purpose and focus will be to make distributions for charitable and educational purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$221,876$237,545▲ $15,669
Total Assets$237,305$238,337▲ $1,032
Other Assets Total$15,429$792▼ $14,637
Liabilities
Other Liabilities$39,537$129,196▲ $89,659
Total Liabilities$39,537$129,196▲ $89,659
Net Assets / Fund Balance
Unrestricted Net Assets$197,768$109,141▼ $88,627
Total Net Assets Fund Balance$197,768$109,141▼ $88,627
Total Liabilities and Net Assets / Fund Balance$237,305$238,337▲ $1,032
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jeffery D WallacePresidentFT$115,417$115,417

Board Members and Trustees

NameTitle
Taseer BadarChairman
Ben MendezMember
Dale WunderMember
Dr Tehmina BadarMember
Frazier WilsonMember
George WycheMember
Gordan QuanMember
Hamid RazaviMember
Jose GuzmanMember
Steve LevineMember
Chester PittsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,043,214
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,342
All Other Contributions
$487,957
Change in Net Assets
$-139,484

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,045,556
Total Revenue per Audited Statements
$1,045,556
Total Revenue per Form 990
$1,045,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$955,316
Total Fundraising Expense$473,050
Salaries, Compensation, and Employee Benefits$201,704
Grants and Similar Amounts Paid$28,020
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings--$453,932$453,932
Other Salaries and Wages-$172,388-$172,388
Fees for Services Other-$50,481-$50,481
Grants to Domestic Orgs$28,020--$28,020
Other Expenses$395,261$15,153-$15,153
Payroll Taxes-$13,587-$13,587
Office Expenses-$2,442$9,352$11,794
Advertising--$9,766$9,766
Other Employee Benefits-$9,472-$9,472
Information Technology-$9,066-$9,066
Travel-$8,064-$8,064
Pension Plan Contributions-$6,257-$6,257
Insurance-$1,799-$1,799
Total Functional Expenses$423,281$288,709$473,050$1,185,040

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,185,040
Total Expenses per Audited Statements$1,185,040
Total Expenses per Form 990$1,185,040
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Others---$20,750
Development in Literacy- DilIrvine, CA--$7,270
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$33,195
Gaming Direct Expenses$30,853
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Toast to Living$555,257---
Total Events$555,257---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards$102,196
Due to Altus Hms$27,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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, Page 6, Part VI, Line 11B

“Review is conducted by officer/board of directors before filing of the form 990.”

Form 990, Page 6, Part VI, Line 18

“UPON REQUEST”

Form 990, Page 6, Part VI, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Altus Foundation
EIN
45-2751486
Phone
7136272000
Address
1535 W LOOP SOUTH 450, HOUSTON, TX 77027

Signing Officer

Name
Taseer Badar
Title
Chairman
Phone
8322308100
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Taseer Badar
Formed
2011
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
12
Employees
15
Volunteers
10

Preparer

Firm
Hrss Llp
Address
6671 SOUTHWEST FWY STE 500, HOUSTON, TX 77074-2225
Preparer
Farrukh Seyar
Phone
7133284000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The corporation mission is to develop resources for patients in need of services through an altus healthcare facility or service utilizing philanthropic support and patient & community educational programs. The corporation is organized exclusively for charitable, educational and scientific purposes.within the scope of this purposes, the corporation's primary purpose and focus will be to make distributions for charitable and educational purposes.”

Form 990, Page 2, Part III, Line 4D

“The corporation mission is to develop resources for patients in need of services through an altus healthcare facility or service utilizing philanthropic support and patient & community educational programs. The corporation is organized exclusively for charitable, educational and scientific purposes.within the scope of this purposes, the corporation's primary purpose and focus will be to make distributions for charitable and educational purposes.”

Form 990, Part XI, Line 9

“Audited financials /tax difference 0”

Raw XML AppendixShowing 400 of 418 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990/AdvertisingGrp/FundraisingAmt09766
IRS990/AdvertisingGrp/TotalAmt09766
IRS990/AllOtherContributionsAmt0487957
IRS990/BooksInCareOfDetail/PersonNm0NICHOLE DAVIS
IRS990/BooksInCareOfDetail/PhoneNum07132312134
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01535 W LOOP SOUTH STE 450
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOUSTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077027
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0221876
IRS990/CashNonInterestBearingGrp/EOYAmt0237545
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/FundraisingAmt0453932
IRS990/ConferencesMeetingsGrp/TotalAmt0453932
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt0555257
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01043214
IRS990/CYGrantsAndSimilarPaidAmt028020
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0955316
IRS990/CYOtherRevenueAmt02342
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-139484
IRS990/CYSalariesCompEmpBnftPaidAmt0201704
IRS990/CYTotalExpensesAmt01185040
IRS990/CYTotalFundraisingExpenseAmt0473050
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01045556
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt050481
IRS990/FeesForServicesOtherGrp/TotalAmt050481
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
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/PersonNm0JEFFERY D WALLACE
IRS990/Form990PartVIISectionAGrp/PersonNm1TASEER BADAR
IRS990/Form990PartVIISectionAGrp/PersonNm2CHESTER PITTS
IRS990/Form990PartVIISectionAGrp/PersonNm3STEVE LEVINE
IRS990/Form990PartVIISectionAGrp/PersonNm4DALE WUNDER
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSE GUZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6GEORGE WYCHE
IRS990/Form990PartVIISectionAGrp/PersonNm7DR TEHMINA BADAR
IRS990/Form990PartVIISectionAGrp/PersonNm8HAMID RAZAVI
IRS990/Form990PartVIISectionAGrp/PersonNm9GORDAN QUAN
IRS990/Form990PartVIISectionAGrp/PersonNm10BEN MENDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm11FRAZIER WILSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0115417
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt0555257
IRS990/GamingActivitiesInd0true
IRS990/GamingDirectExpensesAmt030853
IRS990/GamingGrossIncomeAmt033195
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt028020
IRS990/GrantsToDomesticOrgsGrp/TotalAmt028020
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01076409
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt09066
IRS990/InformationTechnologyGrp/TotalAmt09066
IRS990/InsuranceGrp/ManagementAndGeneralAmt01799
IRS990/InsuranceGrp/TotalAmt01799
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0TX
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0197768
IRS990/NetAssetsOrFundBalancesEOYAmt0109141
IRS990/NetIncomeFromGamingGrp/ExclusionAmt02342
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt02342
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt09352
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02442
IRS990/OfficeExpensesGrp/TotalAmt011794
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015429
IRS990/OtherAssetsTotalGrp/EOYAmt0792
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09472
IRS990/OtherEmployeeBenefitsGrp/TotalAmt09472
IRS990/OtherExpensesGrp/Desc0MEDICAL EXPENSES
IRS990/OtherExpensesGrp/Desc1OTHER PAYROLL EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015153
IRS990/OtherExpensesGrp/ProgramServicesAmt0395261
IRS990/OtherExpensesGrp/TotalAmt0395261
IRS990/OtherExpensesGrp/TotalAmt115153
IRS990/OtherInd0X
IRS990/OtherLiabilitiesGrp/BOYAmt039537
IRS990/OtherLiabilitiesGrp/EOYAmt0129196
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0172388
IRS990/OtherSalariesAndWagesGrp/TotalAmt0172388
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt013587
IRS990/PayrollTaxesGrp/TotalAmt013587
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt06257
IRS990/PensionPlanContributionsGrp/TotalAmt06257
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0TASEER BADAR
IRS990/PriorPeriodAdjustmentsAmt050857
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0423281
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt028020
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0614457
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt042892
IRS990/PYOtherExpensesAmt0650440
IRS990/PYOtherRevenueAmt021794
IRS990/PYRevenuesLessExpensesAmt0-270801
IRS990/PYSalariesCompEmpBnftPaidAmt0213720
IRS990/PYTotalExpensesAmt0907052
IRS990/PYTotalRevenueAmt0636251
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-139484
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RAFFLE 322,878
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01043214
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0614457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0874613
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0620793
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0518943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03672020
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt033195
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt056100
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt070928
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt093705
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt068950
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0322878
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91920
IRS990ScheduleA/PublicSupportPY170Pct00.91320
IRS990ScheduleA/PublicSupportTotal170Amt03672020
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01043214
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0614457
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0874613
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0620793
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0518943
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03672020
IRS990ScheduleA/TotalSupportAmt03994898
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt01185040
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0102196
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt127000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO ALTUS HMS
IRS990ScheduleD/RevenueSubtotalAmt01045556
IRS990ScheduleD/TotalExpensesPerForm990Amt01185040
IRS990ScheduleD/TotalLiabilityAmt0129196
IRS990ScheduleD/TotalRevenuePerForm990Amt01045556
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01045556
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01185040
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/ExplanationIfNoTxt0501C3 NOT FOR PROFIT ORGANIZATION
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0555257
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0555257
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0TOAST TO LIVING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0555257
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0555257
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt030853
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt033195
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt033195
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt02342
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssOtherGamingAmt030853
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt030853
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0NICHOLE DAVIS
IRS990ScheduleG/LicensedInd0false
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt01535 W LOOP SOUTH STE 450
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0HOUSTON
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0TX
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd077027
IRS990ScheduleG/StatesWhereGamingConductedCd0TX
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt07270
IRS990ScheduleI/RecipientTable/CashGrantAmt120750
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0DEVELOPMENT IN LITERACY- DIL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1OTHERS
IRS990ScheduleI/RecipientTable/RecipientEIN0330843213
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt017320 RED HILL AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0IRVINE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd092614
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION MISSION IS TO DEVELOP RESOURCES FOR PATIENTS IN NEED OF SERVICES THROUGH AN ALTUS HEALTHCARE FACILITY OR SERVICE UTILIZING PHILANTHROPIC SUPPORT AND PATIENT & COMMUNITY EDUCATIONAL PROGRAMS. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES.WITHIN THE SCOPE OF THIS PURPOSES, THE CORPORATION'S PRIMARY PURPOSE AND FOCUS WILL BE TO MAKE DISTRIBUTIONS FOR CHARITABLE AND EDUCATIONAL PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEW IS CONDUCTED BY OFFICER/BOARD OF DIRECTORS BEFORE FILING OF THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AUDITED FINANCIALS /TAX DIFFERENCE 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0237305
IRS990/TotalAssetsEOYAmt0238337
IRS990/TotalAssetsGrp/BOYAmt0237305
IRS990/TotalAssetsGrp/EOYAmt0238337
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01043214
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0473050
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0288709
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0423281
IRS990/TotalFunctionalExpensesGrp/TotalAmt01185040
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt039537
IRS990/TotalLiabilitiesEOYAmt0129196
IRS990/TotalLiabilitiesGrp/BOYAmt039537
IRS990/TotalLiabilitiesGrp/EOYAmt0129196
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0197768
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0109141
IRS990/TotalOtherProgSrvcExpenseAmt0423281
IRS990/TotalOtherProgSrvcGrantAmt028020
IRS990/TotalProgramServiceExpensesAmt0423281
IRS990/TotalReportableCompFromOrgAmt0115417
IRS990/TotalRevenueGrp/ExclusionAmt02342
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01045556
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0237305
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0238337
IRS990/TravelGrp/ManagementAndGeneralAmt08064
IRS990/TravelGrp/TotalAmt08064
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0197768
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0109141
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011233 SHADOW CREEK PKWY STE 313
IRS990/USAddress/CityNm0PEARLAND
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077584
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0ALTUSFOUNDATION.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TASEER BADAR
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08322308100
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ALTUS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ALTU
ReturnHeader/Filer/EIN0452751486
ReturnHeader/Filer/PhoneNum07136272000
ReturnHeader/Filer/USAddress/AddressLine1Txt01535 W LOOP SOUTH 450
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077027
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId099B116F56C85629E2BBEF1C5D18231847709B89D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId099B116F56C85629E2BBEF1C5D18231847709B89D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$238,337
Liabilities
$129,196
Net assets
$109,141
Revenue
$1,045,556
Expenses
$1,185,040
Net income
-$139,484
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2020Detailed filing. Detailed filing data is available for this year.$0.60$0.02$0.58$0.67$0.52$0.15
2019Detailed filing. Detailed filing data is available for this year.$0.49$0.03$0.46$1.45$0.97$0.48
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.29$0.21$1.06$0.96$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.13$0.11$1.05$1.19$0.14
2016Summary only. Only limited summary data is available for this year.$0.24$0.04$0.20$0.64$0.91$0.27
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.87$0.86$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.68$0.63$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.59$0.36$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.00$0.18$0.24
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.01$0.00$0.00