Civic Intelligence

Emancipation Park Conservancy

990 • Fiscal year 2021 • EIN 47-2199904

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

3018 Emancipation AvenueHouston, TX 77004

(713) 528-1872

Siviq Scores

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

Liabilities / Assets

45th percentile

0.05x

Higher debt load relative to assets than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

40th percentile

0.05x

Higher debt load relative to revenue than 40% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

90th percentile

59%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

85th percentile

$151,924

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

95th percentile

143%

Faster asset growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

962%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,113,385

Up $1,245,052 (+143%) from 2020

Net Assets

Up

$2,011,937

Up $1,243,465 (+162%) from 2020

Liabilities

Up

$101,448

Up $1,587 (+1.6%) from 2020

Revenue

Up

$2,099,658

Up $1,901,959 (+962%) from 2020

Expenses

Up

$856,193

Up $130,033 (+18%) from 2020

Net Income

Up

$1,243,465

Up $1,771,926 (+335%) from 2020

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$0-$1.0MAssets 2015: $250,895Liabilities 2015: $252,000Net Assets 2015: -$1,1052015Assets 2016: $8,700Liabilities 2016: $0Net Assets 2016: $8,7002016Assets 2017: $369,463Liabilities 2017: $0Net Assets 2017: $369,4632017Assets 2018: $800,627Liabilities 2018: $0Net Assets 2018: $800,6272018Assets 2019: $1,199,675Liabilities 2019: $2,742Net Assets 2019: $1,196,9332019Assets 2020: $868,333Liabilities 2020: $99,861Net Assets 2020: $768,4722020Assets 2021: $2,113,385Liabilities 2021: $101,448Net Assets 2021: $2,011,9372021Assets 2022: $2,439,536Liabilities 2022: $213,584Net Assets 2022: $2,225,9522022Assets 2023: $1,146,040Liabilities 2023: $92,300Net Assets 2023: $1,053,7402023Assets 2024: $1,333,009Liabilities 2024: $105,470Net Assets 2024: $1,227,5392024

Highlighted filing

2021

Assets$2,113,385
Liabilities$101,448
Net Assets$2,011,937

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2015: $251,453Expenses 2015: $252,558Net Income 2015: -$1,1052015Revenue 2016: $45,765Expenses 2016: $37,961Net Income 2016: $7,8042016Revenue 2017: $425,096Expenses 2017: $63,810Net Income 2017: $361,2862017Revenue 2018: $565,055Expenses 2018: $133,891Net Income 2018: $431,1642018Revenue 2019: $1,034,181Expenses 2019: $742,875Net Income 2019: $291,3062019Revenue 2020: $197,699Expenses 2020: $726,160Net Income 2020: -$528,4612020Revenue 2021: $2,099,658Expenses 2021: $856,193Net Income 2021: $1,243,4652021Revenue 2022: $2,922,994Expenses 2022: $2,708,979Net Income 2022: $214,0152022Revenue 2023: $785,192Expenses 2023: $1,957,404Net Income 2023: -$1,172,2122023Revenue 2024: $1,253,434Expenses 2024: $1,079,635Net Income 2024: $173,7992024

Highlighted filing

2021

Revenue$2,099,658
Expenses$856,193
Net Income$1,243,465
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.2
Gross Receipts
$2,099,658
Mission and Program Overview

Mission

Emancipation Park Conservancy's mission is to enhance Emancipation Park by preserving its integrity and enriching its heritage as a local, state, national and international landmark.

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$863,139$1,608,031▲ $744,892
Pledges and Grants Receivable$3,100$500,000▲ $496,900
Prepaid Expenses and Deferred Charges$2,094$3,749▲ $1,655
Land, Buildings, and Equipment, Net$0$1,605▲ $1,605
Total Assets$868,333$2,113,385▲ $1,245,052
Liabilities
Other Liabilities$74,510$74,510→ $0
Accounts Payable and Accrued Expenses$25,351$26,938▲ $1,587
Total Liabilities$99,861$101,448▲ $1,587
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$536,801$1,040,499▲ $503,698
Net Assets With Donor Restrictions$231,671$971,438▲ $739,767
Total Net Assets Fund Balance$768,472$2,011,937▲ $1,243,465
Total Liabilities and Net Assets / Fund Balance$868,333$2,113,385▲ $1,245,052

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,605$27$1,632
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lucy BremondExecutive DirectorFT$143,325$8,599$151,924

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$2,099,658
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,099,658
Change in Net Assets
$1,243,465

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,099,658
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,099,658
Total Revenue per Form 990
$2,099,658
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$445,751
Other Expenses$400,842
Total Fundraising Expense$52,012
Grants and Similar Amounts Paid$9,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$151,059$84,953$19,576$255,588
Current Officers, Directors, Trustees, and Key Employees$88,704$49,885$11,495$150,084
Fees for Services Other$58,723$24,337$12,360$95,420
Fees for Services Accounting-$39,127-$39,127
Payroll Taxes$17,848$10,037$2,313$30,198
Information Technology$9,439$5,279$1,280$15,998
Office Expenses$380$10,587$1,806$12,773
Advertising$4,350$6,466$602$11,418
Other Expenses$8,768-$1,823$10,591
Other Employee Benefits$5,840$3,284$757$9,881
Grants to Domestic Orgs$9,600--$9,600
Conferences and Meetings$5,675$984-$6,659
Occupancy$4,464--$4,464
Insurance$697$660-$1,357
Interest-$845-$845
Depreciation Depletion-$27-$27
Total Functional Expenses$567,710$236,471$52,012$856,193

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$856,193
Total Expenses per Audited Statements$856,193
Total Expenses per Form 990$856,193
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 Protection Program Loan$74,510
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
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 B, line 11B

Line 11b Explanation - The Finance Committee reviews Form 990 and provides the 990 to the board before filing.

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

Each director, officer, and member of a committee with governing board delegated powers acknowledges they have received a copy of the conflict of interest policy, have read and understood it, and agree to comply with it. If a conflict arises, the organization follows the procedures for addressing the conflict as set out in the conflict of interest policy.

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

The board evaluates compensation for comparable positions from similar organizations in determining the Executive Directors' compensation. A written substantiation of the review and compensation decision is prepared.

Form 990, Part VI, Section C, line 19

Upon request.

Filing and Contact Details

Filer

Filer Name
Emancipation Park Conservancy
EIN
47-2199904
Phone
7135281872
Address
3018 Emancipation Avenue, Houston, TX 77004

Signing Officer

Name
Ramon Manning
Title
Chairman
Phone
7135281872
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ramon Manning
Formed
2014
Legal Domicile
TX
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
587

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

The Conservancy provides for Emancipation Park's day-to-day care. It offers programs in the Park in education, health, wellness, and economic empowerment that are resourceful, fun, culturally relevant, informative, and unique opportunities for our community.

Form 990, Part III, Line 4A

In partnership with strategic, corporate, and community partners, (EPC) offers programs in education, economic empowerment, and health and wellness that directly correlates with its community's needs, interests, and wants. Education: Juneteenth - program activities celebrating the Juneteenth Holiday, the oldest known US celebration of the end of slavery, commemorates June 19, 1865, when enslaved people were emancipated in Texas. The celebration empowers African descendants and engages their communities worldwide by sharing the history, traditions, heritage, and culture of African Americans and highlighting the strides and impact African Americans are making toward our own economic, educational, and political advancements. In June 2021, EPC hosted a dynamic Juneteenth "We Rise Up" Virtual Show and a celebratory event that reached over 81,000 globally, engaged over 10,000 from 7 countries, and had over 14,000 views. Holiday In The Tre': A continuation of the rich tradition to celebrate the holidays at the Historic Emancipation Park, showcasing talent and supporting businesses in the 3rd Ward community. Emancipation Conversations Lecture Series: This is an established platform that fosters invigorating, inviting, and transformative, interactive conversations surrounding the Black Experience. The discussions feature innovative and iconic community leaders, influencers, and humanitarians across various disciplines, including the arts, literature, business, science, philanthropy, and politics. Economic Empowerment: Bridging the Gap Financial Literacy Series - This program is designed to give families the needed tools to help break the cycle of poverty. Classes include budgeting workshops, financial planning, small business assistance, career development, and others to equip families for financial growth. EPC hosted 24 economic empowerment and educational programming with 8,479 participants. Health & Wellness: Get Fit in the Tre - these programs are a variety of fitness and exercise classes and classes on preparing healthy meals.

Form 990, Part IX, line 11G

Professional services: Program service expenses 51,873. Management and general expenses 12,475. Fundraising expenses 12,000. Total expenses 76,348. Photography: Program service expenses 4,072. Management and general expenses 2,800. Total expenses 6,872. Management consultant: Management and general expenses 7,500. Total expenses 7,500. Payroll processing: Program service expenses 2,778. Management and general expenses 1,562. Fundraising expenses 360. Total expenses 4,700.

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IRS990/OtherExpensesGrp/TotalAmt0202163
IRS990/OtherExpensesGrp/TotalAmt110591
IRS990/OtherLiabilitiesGrp/BOYAmt074510
IRS990/OtherLiabilitiesGrp/EOYAmt074510
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt019576
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt084953
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0151059
IRS990/OtherSalariesAndWagesGrp/TotalAmt0255588
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt02313
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt010037
IRS990/PayrollTaxesGrp/ProgramServicesAmt017848
IRS990/PayrollTaxesGrp/TotalAmt030198
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03100
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0500000
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02094
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IRS990/PrincipalOfficerNm0Ramon Manning
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0Emancipation Park was designated by United Nations Educational, Scientific, and Cultural Organization (UNESCO) as a Site of Memory associated with the Slave Route Project. In 2019, EPC received the Urban Land Institute Houston's Development of Distinction Award and Preservation Houston's Future Landmark Award.
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IRS990/PYOtherExpensesAmt0253180
IRS990/PYOtherRevenueAmt00
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IRS990/PYSalariesCompEmpBnftPaidAmt0462480
IRS990/PYTotalExpensesAmt0726160
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0197699
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd01
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IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02099658
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0197699
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01034181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0565055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0425096
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04321689
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01034181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0565055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0425096
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04321689
IRS990ScheduleA/TotalSupportAmt04321689
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt01605
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01632
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0856193
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt074510
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Protection Program Loan
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02099658
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01605
IRS990ScheduleD/TotalExpensesPerForm990Amt0856193
IRS990ScheduleD/TotalLiabilityAmt074510
IRS990ScheduleD/TotalRevenuePerForm990Amt02099658
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02099658
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0856193
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IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Lucy Bremond
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Conservancy provides for Emancipation Park's day-to-day care. It offers programs in the Park in education, health, wellness, and economic empowerment that are resourceful, fun, culturally relevant, informative, and unique opportunities for our community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1In partnership with strategic, corporate, and community partners, (EPC) offers programs in education, economic empowerment, and health and wellness that directly correlates with its community's needs, interests, and wants. Education: Juneteenth - program activities celebrating the Juneteenth Holiday, the oldest known US celebration of the end of slavery, commemorates June 19, 1865, when enslaved people were emancipated in Texas. The celebration empowers African descendants and engages their communities worldwide by sharing the history, traditions, heritage, and culture of African Americans and highlighting the strides and impact African Americans are making toward our own economic, educational, and political advancements. In June 2021, EPC hosted a dynamic Juneteenth "We Rise Up" Virtual Show and a celebratory event that reached over 81,000 globally, engaged over 10,000 from 7 countries, and had over 14,000 views. Holiday In The Tre': A continuation of the rich tradition to celebrate the holidays at the Historic Emancipation Park, showcasing talent and supporting businesses in the 3rd Ward community. Emancipation Conversations Lecture Series: This is an established platform that fosters invigorating, inviting, and transformative, interactive conversations surrounding the Black Experience. The discussions feature innovative and iconic community leaders, influencers, and humanitarians across various disciplines, including the arts, literature, business, science, philanthropy, and politics. Economic Empowerment: Bridging the Gap Financial Literacy Series - This program is designed to give families the needed tools to help break the cycle of poverty. Classes include budgeting workshops, financial planning, small business assistance, career development, and others to equip families for financial growth. EPC hosted 24 economic empowerment and educational programming with 8,479 participants. Health & Wellness: Get Fit in the Tre - these programs are a variety of fitness and exercise classes and classes on preparing healthy meals.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Line 11b Explanation - The Finance Committee reviews Form 990 and provides the 990 to the board before filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Each director, officer, and member of a committee with governing board delegated powers acknowledges they have received a copy of the conflict of interest policy, have read and understood it, and agree to comply with it. If a conflict arises, the organization follows the procedures for addressing the conflict as set out in the conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The board evaluates compensation for comparable positions from similar organizations in determining the Executive Directors' compensation. A written substantiation of the review and compensation decision is prepared.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Professional services: Program service expenses 51,873. Management and general expenses 12,475. Fundraising expenses 12,000. Total expenses 76,348. Photography: Program service expenses 4,072. Management and general expenses 2,800. Total expenses 6,872. Management consultant: Management and general expenses 7,500. Total expenses 7,500. Payroll processing: Program service expenses 2,778. Management and general expenses 1,562. Fundraising expenses 360. Total expenses 4,700.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part I, Line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part III, Line 4a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 11g
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IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalContributionsAmt02099658
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt052012
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0236471

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