Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
5.81x
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Asset Growth
4th percentile
Faster asset growth than 4% of similar nonprofits.
Revenue Growth
2nd percentile
Faster revenue growth than 2% of similar nonprofits.
Balance Sheet
Assets
Down$20,642
Down $104,656 (-84%) from 2019
Net Assets
Down-$99,358
Down $104,656 (-1975%) from 2019
Liabilities
Flat$120,000
Flat from 2019
Revenue And Expenses
Revenue
Down$0
Down $77,490 (-100%) from 2019
Expenses
Up$104,656
Up $29,469 (+39%) from 2019
Net Income
Down-$104,656
Down $106,959 (-4644%) from 2019
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2020 to Dec 31, 2020
- Signed
- Nov 11, 2021
- Return Version
- 2020v4.1
- Gross Receipts
- $0
Mission and Program Overview
Mission
This organization has been formed to offer financial and community assistance to other community and tax-exempt organizations.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO OFFER FINANCIAL AND COMMUNITY ASSISTANCE TO OTHER COMMUNITY & TAX-EXEMPT ORGANIZATIONS | $0 | $100,005 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| HUSTON STREET | President | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Street 16 Foundation
- EIN
- 46-3780284
- Phone
- 5123703264
- Address
- 200 LEE BARTON DR, AUSTIN, TX 78703
Signing Officer
- Name
- Huston Street
- Title
- President
- Phone
- 5123703264
- Signed
- 2021-11-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Maxwell Locke & Ritter Llp
- Address
- 401 CONGRESS AVENUE SUITE 1100, AUSTIN, TX 78701-9682
- Preparer
- Sean Holcomb
- Phone
- 5123703200
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: charitable. Grantee name: ubuntu life foundation. Grantee address: 908 west mary austin, tx 78704. Property description: cash. Date of gift: 03/23/20. Amount given: 100,005.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: credit card processing fees. Amount: 4,520. Description: bank fees. Amount: 131. Total to form 990-ez, line 16: 4,651.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: undeposited funds. Beg. Of year amount: 46,250. End of year amount: 0.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: due to related party. Beg. Of year amount: 120,000. End of year amount: 120,000.”
Raw XML Appendix138 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | HUSTON STREET |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5123703264 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 200 LEE BARTON DR |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | AUSTIN |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78703 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 79048 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 20642 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -104656 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 125298 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 20642 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 100005 |
| IRS990EZ/GrossReceiptsAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LoansToFromOfficersAmt | 0 | 120000 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 1 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 5298 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -99358 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 5298 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -99358 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | HUSTON STREET |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 46250 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4651 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THIS ORGANIZATION HAS BEEN FORMED TO OFFER FINANCIAL AND COMMUNITY ASSISTANCE TO OTHER COMMUNITY AND TAX-EXEMPT ORGANIZATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO OFFER FINANCIAL AND COMMUNITY ASSISTANCE TO OTHER COMMUNITY & TAX-EXEMPT ORGANIZATIONS |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 100005 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 120000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 120000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 104656 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 100005 |
| IRS990EZ/TotalRevenueAmt | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 197490 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 197490 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.51480 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.51480 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 101665 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 95825 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 197490 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 197490 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 197490 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt | 0 | 120000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd | 0 | 1 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd | 0 | 0 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt | 0 | TO PAY FOR EXPENSE FOR FUNDRAISER IN 2019 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd | 0 | X |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt | 0 | 120000 |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | HUSTON STREET |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt | 0 | PRESIDENT |
| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd | 0 | 0 |
| IRS990ScheduleL/TotalBalanceDueAmt | 0 | 120000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: UBUNTU LIFE FOUNDATION. GRANTEE ADDRESS: 908 WEST MARY AUSTIN, TX 78704. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 03/23/20. AMOUNT GIVEN: 100,005. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: CREDIT CARD PROCESSING FEES. AMOUNT: 4,520. DESCRIPTION: BANK FEES. AMOUNT: 131. TOTAL TO FORM 990-EZ, LINE 16: 4,651. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: UNDEPOSITED FUNDS. BEG. OF YEAR AMOUNT: 46,250. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 120,000. END OF YEAR AMOUNT: 120,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 2 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | HUSTON STREET |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5123703264 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | STREET 16 FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | STRE |
| ReturnHeader/Filer/EIN | 0 | 463780284 |
| ReturnHeader/Filer/PhoneNum | 0 | 5123703264 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 200 LEE BARTON DR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78703 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 742900215 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MAXWELL LOCKE & RITTER LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 401 CONGRESS AVENUE SUITE 1100 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | AUSTIN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 787019682 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5123703200 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SEAN HOLCOMB |
| ReturnHeader/ReturnTs | 0 | 2021-11-15T10:16:27-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | HUSTON |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | STREET |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $20,642
- Liabilities
- $120,000
- Net assets
- -$99,358
- Revenue
- $0
- Expenses
- $104,656
- Net income
- -$104,656
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2021Detailed filing. Detailed filing data is available for this year. | $0.20 | $1.20 | $1.00 | $0.00 | $0.00 | $0.00 |
| 2020Detailed filing. Detailed filing data is available for this year. | $0.21 | $1.20 | $0.99 | $0.00 | $1.05 | $1.05 |
| 2019Detailed filing. Detailed filing data is available for this year. | $1.25 | $1.20 | $0.05 | $0.77 | $0.75 | $0.02 |