Civic Intelligence

Episcopal Health Foundation

990 • Fiscal year 2014 • EIN 46-2599162

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 06, 2015

500 Fannin Ste 300Houston, TX 77002

(713) 225-0900

Siviq Scores

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

Liabilities / Assets

6th percentile

0.02x

Higher debt load relative to assets than 6% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Liabilities / Revenue

26th percentile

0.48x

Higher debt load relative to revenue than 26% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Net Margin

96th percentile

63%

Higher net margin than 96% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Top Officer Pay

9th percentile

$476,144

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

2014 filings • 501(c)3 • $1B+ nonprofits • Source year 2014

Asset Growth

20th percentile

2.1%

Faster asset growth than 20% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-95%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,159,244,608

Up $24,246,130 (+2.1%) from 2013

Net Assets

Up

$1,131,784,691

Up $24,029,193 (+2.2%) from 2013

Liabilities

Up

$27,459,917

Up $216,937 (+0.8%) from 2013

Revenue

Down

$56,674,287

Down $1,201,727,131 (-95%) from 2013

Expenses

Down

$21,038,628

Down $177,128,575 (-89%) from 2013

Net Income

Down

$35,635,659

Down $1,024,598,556 (-97%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0B$1.5B$1.0B$500M$0Assets 2013: $1,134,998,478Liabilities 2013: $27,242,980Net Assets 2013: $1,107,755,4982013Assets 2014: $1,159,244,608Liabilities 2014: $27,459,917Net Assets 2014: $1,131,784,6912014Assets 2015: $1,103,248,916Liabilities 2015: $25,469,808Net Assets 2015: $1,077,779,1082015Assets 2016: $1,157,320,998Liabilities 2016: $26,735,039Net Assets 2016: $1,130,585,9592016Assets 2017: $1,269,135,689Liabilities 2017: $32,964,242Net Assets 2017: $1,236,171,4472017Assets 2018: $1,185,959,335Liabilities 2018: $32,704,493Net Assets 2018: $1,153,254,8422018Assets 2019: $1,336,989,980Liabilities 2019: $41,073,167Net Assets 2019: $1,295,916,8132019Assets 2020: $1,459,982,012Liabilities 2020: $20,867,524Net Assets 2020: $1,439,114,4882020Assets 2021: $1,600,322,099Liabilities 2021: $25,267,709Net Assets 2021: $1,575,054,3902021Assets 2022: $1,099,678,117Liabilities 2022: $27,505,572Net Assets 2022: $1,072,172,5452022Assets 2023: $1,173,234,386Liabilities 2023: $18,764,977Net Assets 2023: $1,154,469,4092023Assets 2024: $1,224,869,133Liabilities 2024: $12,999,941Net Assets 2024: $1,211,869,1922024

Highlighted filing

2014

Assets$1,159,244,608
Liabilities$27,459,917
Net Assets$1,131,784,691

Operations Trend

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

$1.5B$1.0B$500M$0-$500MRevenue 2013: $1,258,401,418Expenses 2013: $198,167,203Net Income 2013: $1,060,234,2152013Revenue 2014: $56,674,287Expenses 2014: $21,038,628Net Income 2014: $35,635,6592014Revenue 2015: $16,521,793Expenses 2015: $29,296,856Net Income 2015: -$12,775,0632015Revenue 2016: $8,914,711Expenses 2016: $33,862,543Net Income 2016: -$24,947,8322016Revenue 2017: $34,319,371Expenses 2017: $51,584,159Net Income 2017: -$17,264,7882017Revenue 2018: $51,592,371Expenses 2018: $46,680,097Net Income 2018: $4,912,2742018Revenue 2019: $44,391,436Expenses 2019: $55,441,324Net Income 2019: -$11,049,8882019Revenue 2020: $42,335,295Expenses 2020: $46,612,745Net Income 2020: -$4,277,4502020Revenue 2021: $131,634,390Expenses 2021: $57,642,852Net Income 2021: $73,991,5382021Revenue 2022: $55,124,556Expenses 2022: $311,385,185Net Income 2022: -$256,260,6292022Revenue 2023: $29,297,302Expenses 2023: $56,031,087Net Income 2023: -$26,733,7852023Revenue 2024: $88,717,449Expenses 2024: $57,398,786Net Income 2024: $31,318,6632024

Highlighted filing

2014

Revenue$56,674,287
Expenses$21,038,628
Net Income$35,635,659
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 6, 2015
Return Version
2014v5.0
Gross Receipts
$56,721,527
Mission and Program Overview

Mission

To advance the Kingdom of God, with specific focus on human health and well-being, through grants, research and initiatives in support of the mission of the Episcopal Diocese of Texas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities-$895,355,803-
Other Notes and Loans Receivable, Net$244,000,000$214,224,524▼ $29,775,476
Investments in Publicly Traded Securities$875,885,250$21,662,112▼ $854,223,138
Savings and Temporary Cash Investments$7,932,659$12,444,799▲ $4,512,140
Land, Buildings, and Equipment, Net-$9,827,080-
Accounts Receivable$7,180,569$5,730,290▼ $1,450,279
Cash and Non-Interest-Bearing Accounts-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,134,998,478$1,159,244,608▲ $24,246,130
Other Assets Total-$0-
Liabilities
Grants Payable$26,946,923$27,374,457▲ $427,534
Accounts Payable and Accrued Expenses$296,057$85,460▼ $210,597
Total Liabilities$27,242,980$27,459,917▲ $216,937
Net Assets / Fund Balance
Unrestricted Net Assets$1,107,755,498$1,131,784,691▲ $24,029,193
Total Net Assets Fund Balance$1,107,755,498$1,131,784,691▲ $24,029,193
Total Liabilities and Net Assets / Fund Balance$1,134,998,478$1,159,244,608▲ $24,246,130

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,907,515$124,119$9,031,634
Land$750,000-$750,000
Equipment$108,753$12,451$121,204
Other Land Buildings$60,812$2,171$62,983
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
David FisherAsst. TreasurerPT$413,165$63,979$476,144
Elena M MarksPresident & CEOFT$189,618$28,385$219,003

Highest Paid Contractors

ContractorServicesLocationCompensation
Hall Capital PartnersInvestment mgmt850 Third Ave 19th Floor, New York, NY 10022$3,449,372
Greystone ConsultingInvestment mgmt5051 Westheimer Road 2100, Houston, TX 77056$125,000
BnyInvestment mgmtOne Wall Street, New York, NY 10286$111,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$56,664,491
Other Revenue
$9,796
Change in Net Assets
$35,635,659

Audited Revenue Reconciliation

Revenue per Audited Statements
$53,172,517
Revenue Not Reported on Financial Statements
$3,501,770
Revenue Not Reported on Form 990
$-11,606,466
Other Revenue Adjustments
$-47,240
Total Revenue per Audited Statements
$41,566,051
Total Revenue per Form 990
$56,674,287
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$13,723,754
Other Expenses$5,349,773
Salaries, Compensation, and Employee Benefits$1,965,101
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$13,723,754--$13,723,754
Fees for Service Investment Mgmnt Fees-$3,549,010-$3,549,010
Other Salaries and Wages$902,576$178,757-$1,081,333
Fees for Services Other$222,552$689,188-$911,740
Current Officers, Directors, Trustees, and Key Employees$238,072$238,072-$476,144
Other Employee Benefits$168,193$50,017-$218,210
Occupancy$98,702$93,771-$192,473
Office Expenses$17,557$109,284-$126,841
Depreciation Depletion$54,984$70,733-$125,717
Information Technology$74,556$47,354-$121,910
Fees for Services Legal$2,521$93,223-$95,744
Payroll Taxes$70,732$24,573-$95,305
Pension Plan Contributions$78,849$15,260-$94,109
Advertising-$66,549-$66,549
Conferences and Meetings$14,588$48,398-$62,986
Fees for Services Accounting-$29,421-$29,421
Insurance$7,204$18,298-$25,502
Other Expenses$9,980$1,364-$11,344
Total Functional Expenses$15,715,156$5,323,472$0$21,038,628

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$21,038,628
Total Expenses per Audited Statements$17,536,858
Expenses per Audited Statements$17,489,618
Expenses Not Reported on Financial Statements$3,549,010
Expenses Not Reported on Form 990$47,240
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Great Commission FoundationHouston, TX501(c)(3)Fund Diocesan emp health insurance$5,000,000
Seminary of the SouthwestAustin, TX501(c)(3)Mental health counselor training$3,000,000
Bucknell UniversityLewisburg, PA501(c)(3)Healthcare Research/Design Fund$500,000
The BeaconHouston, TX501(c)(3)Support homeless shelter$410,000
AcamHouston, TX501(c)(3)Enhance access to healthcare$331,000
El Buen Samaritano Epis MissAustin, TX501(c)(3)Health svcs for low-income/uninsurd$268,000
Matagorda Epis Health OutreacBay City, TX501(c)(3)Medical/dental/behavioral services$200,000
St James HouseBaytown, TN501(c)(3)Financial Assistance Program$200,000
Ubi CaritasBeaumont, TX501(c)(3)Community Health & Education$200,000
New Hope Housing IncHouston, TX501(c)(3)Housing/Resident services program$150,000
SEARCH Homeless ProjectHouston, TX501(c)(3)Housing/case mgmt for homeless$125,000
St Vincents HouseGalveston, TX501(c)(3)Health/social services to needy$123,000
Breast Health Collab of TXHouston, TX501(c)(3)Executive Dir salary/oper. support$106,312
Interfaith Community ClinicOak Ridge North, TX501(c)(3)Health/dental svcs/Healthy Kids Fst$103,000
HOPE ProjectTenaha, TX501(c)(3)Dental clinic construction$100,000
Palmer Episcopal ChurchHouston, TX501(c)(3)Healthcare/ breakfast for homeless$100,000
St Marks Episcopal HC MissCleveland, TX501(c)(3)Health care/basic needs for needy$100,000
Coalition For The HomelessHouston, TX501(c)(3)Develop performance tool$90,000
Teen Health Clinic-BaylorHouston, TX501(c)(3)Primary/reproductive health care$90,000
Family Svc Ctr of Galv CountyGalveston, TX501(c)(3)Full-time clinician at St. Vincents$80,000
Workshop HoustonHouston, TX501(c)(3)Middle School education program$80,000
North Pasadena Comm OutreachPasadena, TX501(c)(3)Services to disadvantaged$75,000
St Johns Episcopal ChurchLa Porte, TX501(c)(3)After School Program$67,500
The RoseHouston, TX501(c)(3)Mobile Mammography Program$66,744
Communities In Schools HouHouston, TX501(c)(3)School-based mental/dental health$60,920
Epiphany Comm Health OutrHouston, TX501(c)(3)Health care/social svcs to needy$60,000
Lone Star Assoc of Char ClinAustin, TX501(c)(3)Operational/program support$60,000
Casa de Esperanza de los NinoHouston, TX501(c)(3)Community Foster Care Program$56,000
Young Mens Christian AssocHouston, TX501(c)(3)Infant childcare/healthcare$55,000
El Centro de CorazonHouston, TX501(c)(3)Dental services for impoverished$52,650
People Attempting to HelpTyler, TX501(c)(3)Medical/dental/vision services$52,000
Access HealthRichmond, TX501(c)(3)Primary care services to needy$50,000
East Texas Health Access NetwJasper, TX501(c)(3)Prov. 2 Community Health Workers$50,000
Good Neighbor Healthcare CtrHouston, TX501(c)(3)Dental care - lower-income patients$50,000
Neighborhood Centers IncBellaire, TX501(c)(3)Health programs - older adults$50,000
Vecino Health CentersHouston, TX501(c)(3)Medical/dental/mental services$50,000
Homes of St Mark-Presby ChilHouston, TX501(c)(3)Health services for foster/adopt$45,912
Hou-Harris Co Immun RegistryHouston, TX501(c)(3)Rural immunization practices$45,000
Houston Area Comm Svcs IncHouston, TX501(c)(3)Increase access high-risk females$45,000
San Jose ClinicHouston, TX501(c)(3)Health services for needy$42,000
Healthcare for the HomelessHouston, TX501(c)(3)Health services for homeless$40,000
LIFEHoustonHouston, TX501(c)(3)Staff position$40,000
Nehemiah Center IncHouston, TX501(c)(3)Family Services Program$40,000
Houston Galveston InstituteHouston, TX501(c)(3)Mental health services, training$39,160
Center For Child ProtectionAustin, TX501(c)(3)Child abuse awareness & prevention$36,450
Escape Family Resource CtrHouston, TX501(c)(3)Child abuse prevention program$36,295
Krist Sam Ctr for CounselingHouston, TX501(c)(3)Mental health care for needy$35,000
Northwest Assistance MinistHouston, TX501(c)(3)NAM's Children's Clinic$35,000
The Womens HomeHouston, TX501(c)(3)Clinical/behavioral health services$35,000
Christian Community ServiceHouston, TX501(c)(3)Basic needs for clients in crisis$32,400
Mental Health Amer of Gr HouHouston, TX501(c)(3)Improve student behavioral health$30,000
Small Steps Nurturing CenterHouston, TX501(c)(3)Mental health program$30,000
Univ of TX Health Science CtrHouston, TX501(c)(3)Outreach-based dental services$30,000
Communities In Schools-Cen TXAustin, TX501(c)(3)XY-Zone, leadership development$25,920
Bethesda Health ClinicTyler, TX501(c)(3)Fund part-time Program Director$25,000
Boat People SOS IncHouston, TX501(c)(3)Support part-time Case Manager$25,000
Memorial Assist MinistriesHouston, TX501(c)(3)Mental health counsel/medical$25,000
Samaritan Ctr for CounselingAustin, TX501(c)(3)Access to mental health services$25,000
Manos de Cristo Dental CenterAustin, TX501(c)(3)Professional staff$24,300
Peoples Community ClinicAustin, TX501(c)(3)Healthcare for young people$23,200
Casa MarianellaAustin, TX501(c)(3)Healthcare for homeless immigrants$22,680
Austin Childrens ServicesAustin, TX501(c)(3)Prov. full-time Medical Coordinator$21,384
TOMAGWA Ministries IncTomball, TX501(c)(3)Health care/education for needy$21,000
Collaborative for ChildrenHouston, TX501(c)(3)In-home parenting consultation$20,000
Volunteer Healthcare ClinicAustin, TX501(c)(3)Primary care medical services$20,000
Bering Omega Community SvsHouston, TX501(c)(3)Support needs of HIV/AIDS patients$18,000
Austin Child Guidance CenterAustin, TX501(c)(3)Support high-needs childcare ctrs$15,000
Angel ReachConroe, TX501(c)(3)Support new program - Angel's Nest$10,000
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
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The Episcopal Diocese of Texas is the sole member of EHF. The authority of the Diocese is vested in the Bishop, the Council of the Diocese, and a standing committee.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

EHF's sole member has the right to elect or remove directors of EHF.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

EHF's sole member must approve the following:1. Amendments to the certificate of formation and bylaws;2. The merger of EHF with any other organization or entity;3. The conversion of EHF;4. The sale, transfer, assignment, or disposition of substantially all of EHF's assets; and5. The dissolution, winding up, and termination of the corporation.

Form 990, Part VI, Line 11B: Form 990 Review Process

EHF's President & CEO and Treasurer present the draft 990 at a board meeting prior to filing with IRS.

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

Each director, officer, and member of a committee is required to annually sign a statement which affirms that such person has received a copy of the COI policy, has read and understands the policy, and agrees to comply with the policy (including the requirement to disclose any potential conflicts).

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

An independent consultant was retained to evaluate compensation for all employees. The Compensation Committee met to discuss the results. Compensation for the CEO is determined by the board. Staff compensation is determined by the CEO.

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

Documents are available upon request at the front desk office of Episcopal Health Foundation.

Filing and Contact Details

Filer

Filer Name
Episcopal Health Foundation
EIN
46-2599162
Phone
7132250900
Address
500 Fannin Ste 300, Houston, TX 77002

Signing Officer

Name
Elena M Marks
Title
President & CEO
Signed
2015-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elena M Marks
Formed
2013
Legal Domicile
TX
Voting Board Members
15
Independent Board Members
14
Employees
20
Volunteers
14

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Jody Blazek
Phone
7134395739
Supplemental Narrative

Financial Statement Notes

Part XII, Line 2D: Other expenses and losses per audited F/S

Rental expenses $47240

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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/ProgSrvcAccomActy2Grp/Desc0Episcopal Health Foundation works to improve the health of the 10 million people in the 57 counties of the Episcopal Diocese of Texas in futherance of our mission and charter. Beyond grant-making, we do this through staff-led research, community and diocesan engagement and convenings.

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