Civic Intelligence

Undies for Everyone

990 • Fiscal year 2017 • EIN 46-0640114

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 29, 2018

4019 South Braeswood BlvdHouston, TX 77025

(713) 398-5555

Siviq Scores

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

Liabilities / Assets

46th percentile

0.07x

Higher debt load relative to assets than 46% of similar nonprofits.

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

Liabilities / Revenue

31st percentile

0.03x

Higher debt load relative to revenue than 31% of similar nonprofits.

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

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

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

Top Officer Pay

54th percentile

$70,000

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

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

Asset Growth

100th percentile

2872%

Faster asset growth than 100% of similar nonprofits.

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

Revenue Growth

99th percentile

987%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Up

$1,263,573

Up $1,221,063 (+2872%) from 2016

Net Assets

Up

$1,172,205

Up $1,137,640 (+3291%) from 2016

Liabilities

Up

$91,368

Up $83,423 (+1050%) from 2016

Revenue

Up

$2,820,152

Up $2,560,823 (+987%) from 2016

Expenses

Up

$1,682,512

Up $1,368,328 (+436%) from 2016

Net Income

Up

$1,137,640

Up $1,192,495 (+2174%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2015: $89,299Liabilities 2015: $0Net Assets 2015: $89,2992015Assets 2016: $42,510Liabilities 2016: $7,945Net Assets 2016: $34,5652016Assets 2017: $1,263,573Liabilities 2017: $91,368Net Assets 2017: $1,172,2052017Assets 2018: $483,542Liabilities 2018: $13,861Net Assets 2018: $469,6812018Assets 2019: $252,237Liabilities 2019: $9,115Net Assets 2019: $243,1222019Assets 2020: $272,293Liabilities 2020: $59,607Net Assets 2020: $212,6862020Assets 2021: $396,533Liabilities 2021: $134,235Net Assets 2021: $262,2982021Assets 2022: $2,037,811Liabilities 2022: $235,341Net Assets 2022: $1,802,4702022Assets 2024: $1,464,477Liabilities 2024: $219,930Net Assets 2024: $1,244,5472024

Highlighted filing

2017

Assets$1,263,573
Liabilities$91,368
Net Assets$1,172,205

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2015: $325,042Expenses 2015: $356,722Net Income 2015: -$31,6802015Revenue 2016: $259,329Expenses 2016: $314,184Net Income 2016: -$54,8552016Revenue 2017: $2,820,152Expenses 2017: $1,682,512Net Income 2017: $1,137,6402017Revenue 2018: $466,248Expenses 2018: $1,168,558Net Income 2018: -$702,3102018Revenue 2019: $382,523Expenses 2019: $814,235Net Income 2019: -$431,7122019Revenue 2020: $677,196Expenses 2020: $688,719Net Income 2020: -$11,5232020Revenue 2021: $1,662,976Expenses 2021: $1,607,681Net Income 2021: $55,2952021Revenue 2022: $3,778,022Expenses 2022: $2,237,850Net Income 2022: $1,540,1722022Revenue 2024: $902,477Expenses 2024: $1,350,219Net Income 2024: -$447,7422024

Highlighted filing

2017

Revenue$2,820,152
Expenses$1,682,512
Net Income$1,137,640
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 29, 2018
Return Version
2017v2.3
Gross Receipts
$2,820,152
Mission and Program Overview

Mission

Undies for Everyone provides children living in poverty or crisis with new underwear, recognizing the importance of this small basic need as part of a child's increased chances of long-term success.

Undies for Everyone enhances the self-esteem, dignity, hygiene and success of disadvantaged students by providing them with underwear.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,630$659,357▲ $635,727
Inventories for Sale or Use$18,716$588,259▲ $569,543
Land, Buildings, and Equipment, Net$164$15,957▲ $15,793
Total Assets$42,510$1,263,573▲ $1,221,063
Liabilities
Accounts Payable and Accrued Expenses$7,945$76,800▲ $68,855
Other Liabilities-$14,568-
Total Liabilities$7,945$91,368▲ $83,423
Net Assets / Fund Balance
Unrestricted Net Assets$34,565$1,172,205▲ $1,137,640
Total Net Assets Fund Balance$34,565$1,172,205▲ $1,137,640
Total Liabilities and Net Assets / Fund Balance$42,510$1,263,573▲ $1,221,063

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$15,957$11,682$27,639
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rabbi Amy WeissExec. DirectorFT$70,000$70,000

Board Members and Trustees

NameTitle
Jim GracePresident
Anna EastmanDirector
Barry MandelDirector
Gwen JohnsonDirector
Henry de OcampoDirector
Justice Ken WiseDirector
Mary BentonDirector
Monica RichartDirector
Steve AlleyDirector
Erica HittnerSecretary
Ed RiosTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,819,765
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$387
All Other Contributions
$2,815,100
Change in Net Assets
$1,137,640

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$1,581,512Retail value
Total Noncash Contributions$1,581,512-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,238,640
Revenue Not Reported on Financial Statements
$1,581,512
Other Revenue Adjustments
$1,581,512
Total Revenue per Audited Statements
$1,238,640
Total Revenue per Form 990
$2,820,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,528,213
Salaries, Compensation, and Employee Benefits$154,299
Total Fundraising Expense$64,450
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,475$17,475$32,292$73,242
Current Officers, Directors, Trustees, and Key Employees$14,000$28,000$28,000$70,000
Other Expenses$39,078-$4,158$39,078
All Other Expenses$5,691$11,881-$17,572
Fees for Services Other$5,534$7,258-$12,792
Depreciation Depletion-$11,207-$11,207
Payroll Taxes$11,057--$11,057
Office Expenses-$8,300-$8,300
Fees for Services Accounting-$6,362-$6,362
Insurance$2,086--$2,086
Travel-$1,225-$1,225
Occupancy-$1,200-$1,200
Total Functional Expenses$1,525,154$92,908$64,450$1,682,512

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,682,512
Expenses Not Reported on Financial Statements$1,041,529
Other Expense Adjustments$1,041,529
Expenses per Audited Statements$640,983
Total Expenses per Audited Statements$640,983
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll liabilities$14,511
Federal income taxes$57
Credit card liabilities-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request, at the organizations office, during regular business hours.

Form 990, Part VI, Section B, Line 11B

The executive director, the board chair, and the treasurer review the 990 before it is filed.

Form 990, Part VI, Section B, Line 15A

The executive directors compensation was determined by the board of directors, all of whom are independent. The board used data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. Contemporaneous records were kept of the boards deliberations and decisions.

Form 990, Part VI, Section B, Line 12C

There is a conflict of interest policy that officers and each member of the board of directors signs annually. Board members are asked to disclose any conflict of interest as it arises throughout the year.

Filing and Contact Details

Filer

Filer Name
Undies For Everyone
EIN
46-0640114
Phone
7133985555
Address
4019 South Braeswood Blvd, Houston, TX 77025

Signing Officer

Name
Amy Weiss
Title
Executive Director
Signed
2018-08-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Grace
Formed
2012
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
5
Volunteers
1,800

Preparer

Preparer
John F Denson CPA
Phone
7135282077
Supplemental Narrative

Financial Statement Notes

IX 4B

In-kind donations of 1,581,512 are not included in the audited financial statements which are cash basis.

XII 4B

In-kind expenses - 1,072,898 Accounts payable and accrued expenses - 98,617 Inventory - 93,894 Adjustment of beginning net assets for cash basis accounting - 26,660 Expense furniture and vehicles purchased - 20,639 Depreciation expense - 11,207

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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt011057
IRS990/PayrollTaxesGrp/TotalAmt011057
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Jim Grace
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0259329
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0242465
IRS990/PYRevenuesLessExpensesAmt0-54855
IRS990/PYSalariesCompEmpBnftPaidAmt071719
IRS990/PYTotalExpensesAmt0314184
IRS990/PYTotalRevenueAmt0259329
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt01137640
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990ScheduleA/FactsAndCircumstancesTestTxt0Part II Section B Line 10 Bank card rebate - 387
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02819765
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0259329
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0325042
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0263108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0158384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03825628
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0387
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0387
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt03825628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02819765
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0259329
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0325042
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0263108
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0158384
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03825628
IRS990ScheduleA/TotalSupportAmt03826015
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt01041529
IRS990ScheduleD/ExpensesSubtotalAmt0640983
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherExpensesNotIncludedAmt01041529
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015957
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011682
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt027639
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt114511
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll liabilities
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Credit card liabilities
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01581512
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01581512
IRS990ScheduleD/RevenueSubtotalAmt01238640
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0In-kind donations of 1,581,512 are not included in the audited financial statements which are cash basis.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1In-kind expenses - 1,072,898 Accounts payable and accrued expenses - 98,617 Inventory - 93,894 Adjustment of beginning net assets for cash basis accounting - 26,660 Expense furniture and vehicles purchased - 20,639 Depreciation expense - 11,207
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0IX 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1XII 4b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt015957
IRS990ScheduleD/TotalExpensesPerForm990Amt01682512
IRS990ScheduleD/TotalLiabilityAmt014568
IRS990ScheduleD/TotalRevenuePerForm990Amt02820152
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01238640
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0640983
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/MethodOfDeterminingRevenuesTxt0Retail value
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NonCashCheckboxInd0X
IRS990ScheduleM/ClothingAndHouseholdGoodsGrp/NoncashContributionsRptF990Amt01581512
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request, at the organizations office, during regular business hours.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The executive director, the board chair, and the treasurer review the 990 before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The executive directors compensation was determined by the board of directors, all of whom are independent. The board used data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. Contemporaneous records were kept of the boards deliberations and decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There is a conflict of interest policy that officers and each member of the board of directors signs annually. Board members are asked to disclose any conflict of interest as it arises throughout the year.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 12c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt042510
IRS990/TotalAssetsEOYAmt01263573
IRS990/TotalAssetsGrp/BOYAmt042510
IRS990/TotalAssetsGrp/EOYAmt01263573
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt02819765
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt064450
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt092908
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01525154
IRS990/TotalFunctionalExpensesGrp/TotalAmt01682512
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07945
IRS990/TotalLiabilitiesEOYAmt091368
IRS990/TotalLiabilitiesGrp/BOYAmt07945
IRS990/TotalLiabilitiesGrp/EOYAmt091368
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt034565
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01172205
IRS990/TotalProgramServiceExpensesAmt01525154
IRS990/TotalReportableCompFromOrgAmt070000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02820152
IRS990/TotalVolunteersCnt01800
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt042510
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01263573
IRS990/TravelGrp/ManagementAndGeneralAmt01225
IRS990/TravelGrp/TotalAmt01225
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt034565
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01172205
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt02204 Taft Street
IRS990/USAddress/CityNm0Houston
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077006
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0http://www.undiesforeveryone.org/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true

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