Civic Intelligence

Barbara Bush Houston Literacy Foundation

EIN 46-5037878 • 501(c)3 • Houston, TX

Profile

The barbara bush houston literacy foundation is dedicated to improving lives and communities through the power of literacy.(continued in schedule o)

7887 San Felipe 250Houston, TX 77063

www.bushhoustonliteracy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

21st percentile

0.02x

Higher debt load relative to assets than 21% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.04x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

48th percentile

3.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$791,256

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

62nd percentile

8.1%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

20%

Faster revenue growth than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$11,695,901

Up $872,732 (+8.1%) from 2023

Liabilities

Up

$225,984

Up $47,887 (+27%) from 2023

Net Assets

Up

$11,469,917

Up $824,845 (+7.7%) from 2023

Revenue

Up

$5,349,658

Up $874,563 (+20%) from 2023

Expenses

Up

$5,153,195

Up $1,062,277 (+26%) from 2023

Net Income

Down

$196,463

Down $187,714 (-49%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2014: $2,101,169Liabilities 2014: $13,347Net Assets 2014: $2,087,8222014Assets 2015: $3,571,998Liabilities 2015: $773Net Assets 2015: $3,571,2252015Assets 2016: $4,544,320Liabilities 2016: $12,913Net Assets 2016: $4,531,4072016Assets 2017: $5,706,552Liabilities 2017: $212,729Net Assets 2017: $5,493,8232017Assets 2018: $6,726,180Liabilities 2018: $175,315Net Assets 2018: $6,550,8652018Assets 2019: $8,455,947Liabilities 2019: $118,402Net Assets 2019: $8,337,5452019Assets 2020: $9,969,702Liabilities 2020: $194,791Net Assets 2020: $9,774,9112020Assets 2021: $10,679,389Liabilities 2021: $117,727Net Assets 2021: $10,561,6622021Assets 2022: $9,395,008Liabilities 2022: $128,229Net Assets 2022: $9,266,7792022Assets 2023: $10,823,169Liabilities 2023: $178,097Net Assets 2023: $10,645,0722023Assets 2024: $11,695,901Liabilities 2024: $225,984Net Assets 2024: $11,469,9172024

Highlighted filing

2024

Assets$11,695,901
Liabilities$225,984
Net Assets$11,469,917

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $2,562,895Expenses 2014: $475,073Net Income 2014: $2,087,8222014Revenue 2015: $3,227,203Expenses 2015: $1,743,800Net Income 2015: $1,483,4032015Revenue 2016: $2,598,661Expenses 2016: $1,638,479Net Income 2016: $960,1822016Revenue 2017: $3,815,741Expenses 2017: $3,010,325Net Income 2017: $805,4162017Revenue 2018: $4,406,185Expenses 2018: $3,164,026Net Income 2018: $1,242,1592018Revenue 2019: $4,345,448Expenses 2019: $3,084,789Net Income 2019: $1,260,6592019Revenue 2020: $3,250,844Expenses 2020: $2,682,384Net Income 2020: $568,4602020Revenue 2021: $4,314,808Expenses 2021: $4,087,309Net Income 2021: $227,4992021Revenue 2022: $3,437,512Expenses 2022: $3,644,942Net Income 2022: -$207,4302022Revenue 2023: $4,475,095Expenses 2023: $4,090,918Net Income 2023: $384,1772023Revenue 2024: $5,349,658Expenses 2024: $5,153,195Net Income 2024: $196,4632024

Highlighted filing

2024

Revenue$5,349,658
Expenses$5,153,195
Net Income$196,463

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 2, 2025
Return Version
2024v5.2
Gross Receipts
$6,502,914
Mission and Program Overview

Mission

The barbara bush houston literacy foundation is dedicated to improving the quality of life for houstonians across all ages through the power of literacy - the ability to read, write, speak clearly, and think critically.

The barbara bush houston literacy foundation is dedicated to improving lives and communities through the power of literacy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,333,885$5,832,423▲ $498,538
Savings and Temporary Cash Investments$3,605,636$5,107,805▲ $1,502,169
Investments Other Securities$1,806,589$649,514▼ $1,157,075
Cash and Non-Interest-Bearing Accounts$55,461$90,914▲ $35,453
Land, Buildings, and Equipment, Net$21,598$15,245▼ $6,353
Total Assets$10,823,169$11,695,901▲ $872,732
Liabilities
Accounts Payable and Accrued Expenses$178,097$225,984▲ $47,887
Total Liabilities$178,097$225,984▲ $47,887
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,645,072$11,469,917▲ $824,845
Total Net Assets Fund Balance$10,645,072$11,469,917▲ $824,845
Total Liabilities and Net Assets / Fund Balance$10,823,169$11,695,901▲ $872,732

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$13,711$38,647$52,358
Leasehold Improvements$1,534$5,628$7,162
Closely Held Equity Interests$649,514--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julie Baker FinckPresident/CEOFT$264,618$95,000$359,618
Lisa JakelChief Development OfficerFT$125,000$29,600$154,600
Cindy Puryear Chief StrategicPartnerships & Programs OfficerFT$117,540$18,367$135,907

Board Members and Trustees

NameTitle
Neil BushChair
Gregory GarlandVice Chair
David JonesDirector
Juliet StipecheDirector
Maria BushDirector
Mark LashierDirector
Martha CarnesDirector
Ruth SimmonsDirector
Stephen D MaislinDirector
Y Ping SunDirector
Terri LacySecretary
Pam WellsTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
City Kitchen LLCCatering And Other Event ServicesPO BOX 262409, Houston, TX 77207$168,185
Revenue and Support

Revenue Composition

Contributions and Grants
$5,622,555
Program Service Revenue
$0
Investment Income
$356,835
Other Revenue
$-629,732
All Other Contributions
$2,857,544
Change in Net Assets
$196,463

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table15$507,759Fair Market Value (FMV)
Other Non Cash Contri Table31$242,794Cost and Fair Market Value (FMV)
Securities Publicly Traded1$1,925Fair Market Value (FMV)
Total Noncash Contributions47$752,478-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,511,259
Salaries, Compensation, and Employee Benefits$1,858,684
Grants and Similar Amounts Paid$783,252
Total Fundraising Expense$561,820
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$851,527$94,112$272,466$1,218,105
Grants to Domestic Orgs$783,252--$783,252
Current Officers, Directors, Trustees, and Key Employees$243,587$52,562$63,469$359,618
Fees for Services Other$159,109$7,013$104,178$270,300
Fees for Services Management$179,999$56-$180,055
Occupancy-$147,313-$147,313
Payroll Taxes$82,238$10,235$25,903$118,376
Other Employee Benefits$91,489$8,364$16,061$115,914
Office Expenses$63,247$7,496$31,092$101,835
Conferences and Meetings$26,645$1,885$34,180$62,710
Pension Plan Contributions$31,671$4,562$10,438$46,671
Information Technology$13,455$25,098$2,500$41,053
Advertising$17,019$183$1,718$18,920
Fees for Service Investment Mgmnt Fees-$9,388-$9,388
Fees for Services Legal$7,693--$7,693
Depreciation Depletion-$6,353-$6,353
Travel$5,957$579$-402$6,134
Fees for Services Accounting-$3,700-$3,700
Insurance-$3,322-$3,322
Other Expenses$90$333$217$423
Total Functional Expenses$4,208,799$382,576$561,820$5,153,195
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of HoustonHouston, TXGovTo Provide Uh Cougar Literacy Program for Fifth & Third Ward Schools.$275,000
Harris County Public LibraryHouston, TXGovTo Support Family Place Creation and Programming for the Harris County Public Library System.$108,063
Houston Public Library Foundation IncHouston, TX501(c)(3)To Support Family Place Creation and Programming for the Houston Public Library System.$61,000
Literacy NowHouston, TX501(c)(3)To Support Reading Interventionists in Alief and Aldine Isd Schools.$40,000
Texas A&m FoundationCollege Station, TX501(c)(3)To Establish an Endowed Scholarship at Tamu for Graduate Students Seeking Reading Certification.$25,000
San Francisco Nativity Academy of HoustonHouston, TX501(c)(3)To Support Reading Interventions Services for Students Through Literacy Now Partnership.$24,400
New Hope Housing IncHouston, TX501(c)(3)To Support the Design and Implemention of the Savoy Library at New Hope Housing.$23,000
Chinese Community Center IncHouston, TX501(c)(3)To Support Reading Specialist, Family Literacy Coordinator, and to Purchase Books and Materials.$20,000
Hype Freedom School IncHouston, TX501(c)(3)TO SUPPORT HYPE FREEDOM SCHOOL'S YOUTH LEADERSHIP PROGRAM.$20,000
Nueces CountyCorpus Christi, TXGovTO SUPPORT THE NUECES COUNTY LIBRARY'S 202-'25 STORYWALK AND SUMMER READING PROGRAMS.$20,000
W Oscar Neuhaus Memorial FoundationBellaire, TX501(c)(3)To Support Adult Literacy Instructors and Provide Programming.$20,000
Wesley Community Center IncHouston, TX501(c)(3)To Support Ged Instructor, Provide Programming, and Purchase Ged Supplies.$20,000
West Houston Assistance Ministries IncHouston, TX501(c)(3)To Support Burlington English & Kaplan Ged Online Platforms, Pre/post Ged Tests, and Supplies.$20,000
IwriteHouston, TX501(c)(3)To Support the Needs of Struggling Students Through Reading and Writing Interventions.$15,000
Open Door MissionHouston, TX501(c)(3)To Support Study Materials and Supplies for Diverse Literacy Levels, Including Tech Upgrades.$15,000
The University of Texas Health Science Center at HoustonHouston, TXGovTo Support Developmentally & Culturally Appropriate Books for Children From Birth to 5 Yrs Old.$15,000
Youth Development Center IncHouston, TX501(c)(3)To Support Operational Costs of Literacy and Library Enrichment Programs and Books.$15,000
The Barbara Bush Foundation for Family LiteracyWashington, DC501(c)(3)To Support Mission Through Proceeds From the 2024 a Celebration of Reading.$10,289
Books Between KidsHouston, TX501(c)(3)To Support Community Programming and Distribute Books to Build Home Libraries for Low-income Kids.$7,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$824,441
Fundraising Gross Income$192,441
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
A Celebration of Reading$1,841,606$118,350$90,499$27,851
Ladies for Literacy$501,254$60,541$73,442$-12,901
Total Events$2,380,284$192,441$824,441$-632,000
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Section A, Line 2

Neil bush, chair, and maria bush, director, are husband and wife.

Form 990, Part VI, Section A, Line 4

The organization's bylaws were amended to clarify that it is the organization's board of directors that may select other organizations or entities to receive support as part of its mission to support the greater houston community foundation. The bylaws were also amended to establish a finance committee.

Form 990, Part VI, Section A, Line 6

The organization has as its sole member, the greater houston community foundation, a texas nonprofit corporation. The following matters are reserved to the member and shall require the affirmative actions of the member to be effective: (a) merger, acquisition or consolidation of the corporation; (b) borrowing or lending of money or the creation of indebtedness through the guaranty of another's debt or similar action; (c) removal, at any time, in its sole discretion, with or without cause, one or more members (each a "director") of the board of directors of the corporation (the "board or "board of directors"); and (d) imposing any restriction on the corporation for any activity or transaction that would result in the loss by the corporation of its status as an organization exempt from federal income taxation under section 501(a) of the code, or corresponding provisions hereafter in effect.

Form 990, Part VI, Section A, Line 7B

The decisions that require affirmative action of the member are detailed in the above answer to part vi, line 6.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committee with authority to act on behalf of the governing body.

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

The final document was distributed to the governing board for review prior to filing. The controller and tax manager of the greater houston community foundation review the 990. Upon the resolution of any questions raised by these individuals and any changes that result from this review, the completed document is then distributed to the president and key staff of the barbara bush houston literacy foundation for their review. Once reviewed by the key staff at the barbara bush houston literacy foundation and changes are made, a finalized copy is provided to the president of bbhlf for final review and approval prior to distribution to the governing board.

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

The barbara bush houston literacy foundation board of directors submitted a conflict of interest disclosure statement at the annual board meeting. Board of directors will complete a conflict of interest form annually (or upon the occasion that a conflict arises).

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

The barbara bush houston literacy foundation orders a compensation report from insperity showing job descriptions, compensation, and representative pay rates for the labor market. The market data is reviewed and approved by the board and properly documented in meeting minutes. Additionally, the foundation's president has been granted full permission by the board of directors to hire at her discretion.

Form 990, Part VI, Section C, Line 18

Form 990 is available online; other documents are available upon request.

Form 990, Part VI, Section C, Line 19

Copies of the certificate of formation, bylaws, and conflict of interest policy may be obtained by calling the office. The organization's financials are not separately audited. A copy of the consolidated audited financials for the related organization, the greater houston community foundation, may be requested by calling the office.

Filing and Contact Details

Filer

Filer Name
Barbara Bush Houston Literacy Foundation
EIN
46-5037878
Phone
3462122310
Address
7887 SAN FELIPE 250, HOUSTON, TX 77063

Signing Officer

Name
Stephen Maislin
Title
Director
Phone
3462122310
Signed
2025-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Baker Finck
Formed
2014
Legal Domicile
TX
Voting Board Members
12
Independent Board Members
11
Employees
16
Volunteers
764

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
6565 AMERICAS PARKWAY NE STE 600, ALBUQUERQUE, NM 87110
Preparer
Steven Talbot
Phone
5058787200
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 6:

The foundation utilized the time and talents of 764 core volunteers in 2024. These volunteers came from board members (11), auxiliary groups (442), interns (1), and volunteers supporting my home library, reading round up, camp adventure and other foundation programs (310).

FORM 990, PART III, LINE 1 (CONTINUATION):

The foundation is leading the way and taking action to reverse the disastrous social and economic impacts caused by the vicious cycle of low literacy in our city. We envision a thriving city in which every person possesses the literacy skills needed to reach his or her full potential in life, and the cycle of low literacy and poverty among families comes to an end. To this end, the foundation focuses on five key imperitives: (1) increasing access to books in the home for low-income children. (2) expanding access to out-of-school time and in-school reading intervention programs for students who are reading below grade level. (3) supporting parents as their child's first and most important teachers through high-quality family literacy programs and resources (4) giving adults a second chance to gain the functional literacy skills needed to fully engage in the workplace and participate in society. And (5) engaging volunteers in purposeful and meaningful service opportunities. We champion the literacy cause in houston and bring together cross-sector leaders in a collective impact approach to leverage resources and advance our common goal of increasing literacy rates. The foundation has led the development of two community blueprints, one focused primarily on youth and a second on adult literacy rates. We support several evidence-based literacy programs: (1) my home library provides new books to low-income preschool through grade 5 children. (2) curiosity cruiser mobile library initiative is a partnership with harris county library in which 4 mobile libraries visit children ages 4-15 to provide them books to read and keep, as well as access to 90-minute after-school and summer programs in stem and reading. Programming is provided to children in low-income communities at affordable housing communities, government-subsidized apartment complexes and community centers. (3) family place libraries is a national program in which an area within public library branches are transformed into dynamic learning centers for families with children below age five and library staff are certified to provide workshops and supports that lead to increased kindergarten reading readiness. (4) barbara's book boxes are little free libraries that are installed in high-need neighborhoods and regularly stocked with books for children and adults to access. (5) reading roundup is a volunteer-led, classroom-based reading program in which the foundation provides curated picture books and resource guides for volunteers to use to build vocabulary, increase reading comprehension, boost critical thinking skills, and inspire a love of reading. The program takes place in elementary schools across houston. (6) success through adult reading is a program aimed at expanding access to programming that helps adults earn a ged, learn english, gain digital literacy skills, and develop core reading and writing skills. (7) camp adventure is a summer learning program that integrates reading with science, technology, engineering, art, and math. The program runs for four weeks and is a partnership among children's museum houston and the houston independent school district. Volunteers support the hands-on activities and experiments alongside certified teachers. (8) read and rise is a scholastic program which we invest in with the houston area urban league. Read and rise workshops are provided to parents of preschool and elementary students so that they gain the confidence and competence to support their child's early literacy success. Participating parents receive materials and books to use at home. (9) raising a reader is a program that empowers new mothers with information about brain development and early learning and resources they can use at home to support their baby's healthy development. Nurses at partner hospitals consult with parents and give resources before they are discharged post delivery of their new baby. (10) science of reading in action is a program that provides kin

FORM 990, PART V, LINE 2A:

The barbara bush houston literacy foundation is a co-employer with insperity through the woodway supporting foundation 13 and does not file form w-3. Insperity files this form under its tax identification number.

FORM 990, PART XII, LINE 2C:

There were no changes to the oversight process or the selection process from prior years.

Financial Statement Notes

PART X, LINE 2:

The foundation is exempt from federal income taxes under internal revenue code (irc) section 501(c)(3). However, the foundation is subject to taxes on unrelated business income. The foundation had no significant unrelated business income in 2024 and 2023. The foundation does not have any material uncertain tax positions. Based on an evaluation of its tax positions, management believes all positions taken would be upheld under an examination. Therefore, no provision for the effects of uncertain tax positions has been recorded.

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IRS990/Form990PartVIISectionAGrp/PersonNm3PAM WELLS
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRI LACY
IRS990/Form990PartVIISectionAGrp/PersonNm5MARIA BUSH
IRS990/Form990PartVIISectionAGrp/PersonNm6MARTHA CARNES
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID JONES
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IRS990/Form990PartVIISectionAGrp/PersonNm9RUTH SIMMONS
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IRS990/Form990PartVIISectionAGrp/PersonNm13LISA JAKEL
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IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14PARTNERSHIPS & PROGRAMS OFFICER
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IRS990/MissionDesc0THE BARBARA BUSH HOUSTON LITERACY FOUNDATION IS DEDICATED TO IMPROVING LIVES AND COMMUNITIES THROUGH THE POWER OF LITERACY.(CONTINUED IN SCHEDULE O)
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IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES: BOOKS
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES: OTHER
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE PURPOSE OF THIS ORGANIZATION IS TO SUPPORT THE GREATER HOUSTON COMMUNITY FOUNDATION. THIS ORGANIZATION PROVIDED SUPPORT (IN THE FORM OF GRANTS) TO OTHER ORGANIZATIONS THAT SUPPORT THE GREATER HOUSTON COMMUNITY FOUNDATION'S MISSION OF EXPANDING PHILANTHROPIC IMPACT. THE GREATER HOUSTON COMMUNITY FOUNDATION IS THE SOLE MEMBER OF THE BARBARA BUSH HOUSTON LITERACY FOUNDATION, WHICH IS ADDITIONAL EVIDENCE THAT THESE GRANTS SUPPORT, BENEFIT, AND HAVE THE APPROVAL OF THE GREATER HOUSTON COMMUNITY FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 6:
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