Civic Intelligence

Hay Center Foundation

990 • Fiscal year 2019 • EIN 47-5122077

Oct 01, 2018 to Sep 30, 2019 • Filed on Jul 10, 2020

1216 West Clay StreetHouston, TX 77019

(832) 927-7000

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.00x

Higher debt load relative to assets than 22% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

21st percentile

0.01x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

42nd percentile

$37,707

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 4.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

82nd percentile

22%

Faster asset growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

97th percentile

239%

Faster revenue growth than 97% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,688,912

Up $308,140 (+22%) from 2018

Net Assets

Up

$1,683,759

Up $381,139 (+29%) from 2018

Liabilities

Down

$5,153

Down $72,999 (-93%) from 2018

Revenue

Up

$895,371

Up $631,559 (+239%) from 2018

Expenses

Up

$514,232

Up $103,296 (+25%) from 2018

Net Income

Up

$381,139

Up $528,263 (+359%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2016: $757,870Liabilities 2016: $0Net Assets 2016: $757,8702016Assets 2017: $1,454,007Liabilities 2017: $4,263Net Assets 2017: $1,449,7442017Assets 2018: $1,380,772Liabilities 2018: $78,152Net Assets 2018: $1,302,6202018Assets 2019: $1,688,912Liabilities 2019: $5,153Net Assets 2019: $1,683,7592019Assets 2020: $1,533,015Liabilities 2020: $740Net Assets 2020: $1,532,2752020Assets 2021: $2,849,365Liabilities 2021: $716,350Net Assets 2021: $2,133,0152021Assets 2022: $5,125,758Liabilities 2022: $1,262Net Assets 2022: $5,124,4962022Assets 2023: $4,565,937Liabilities 2023: $2,885Net Assets 2023: $4,563,0522023Assets 2024: $3,741,148Liabilities 2024: $14,804Net Assets 2024: $3,726,3442024

Highlighted filing

2019

Assets$1,688,912
Liabilities$5,153
Net Assets$1,683,759

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2016: $891,641Expenses 2016: $133,771Net Income 2016: $757,8702016Revenue 2017: $686,420Expenses 2017: $184,546Net Income 2017: $501,8742017Revenue 2018: $263,812Expenses 2018: $410,936Net Income 2018: -$147,1242018Revenue 2019: $895,371Expenses 2019: $514,232Net Income 2019: $381,1392019Revenue 2020: $408,410Expenses 2020: $559,894Net Income 2020: -$151,4842020Revenue 2021: $1,092,300Expenses 2021: $491,560Net Income 2021: $600,7402021Revenue 2022: $3,248,257Expenses 2022: $256,776Net Income 2022: $2,991,4812022Revenue 2023: $660,459Expenses 2023: $1,221,903Net Income 2023: -$561,4442023Revenue 2024: $1,393,536Expenses 2024: $2,230,302Net Income 2024: -$836,7662024

Highlighted filing

2019

Revenue$895,371
Expenses$514,232
Net Income$381,139
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Jul 10, 2020
Return Version
2018v3.1
Gross Receipts
$992,985
Mission and Program Overview

Mission

Empowering current and former foster youth to be successful productive adults through training, employment and personal achievement.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$934,214$1,357,326▲ $423,112
Cash and Non-Interest-Bearing Accounts$200,134$134,371▼ $65,763
Prepaid Expenses and Deferred Charges$4,907$80,000▲ $75,093
Pledges and Grants Receivable$180,000$60,100▼ $119,900
Accounts Receivable-$20,204-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,380,772$1,688,912▲ $308,140
Other Assets Total$61,517$36,911▼ $24,606
Liabilities
Deferred Revenue$71,826--
Accounts Payable and Accrued Expenses$6,326$5,153▼ $1,173
Total Liabilities$78,152$5,153▼ $72,999
Net Assets / Fund Balance
Unrestricted Net Assets$1,044,591$1,602,345▲ $557,754
Temporarily Rstr Net Assets$258,029$81,414▼ $176,615
Total Net Assets Fund Balance$1,302,620$1,683,759▲ $381,139
Total Liabilities and Net Assets / Fund Balance$1,380,772$1,688,912▲ $308,140
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary GreenExecutive DirectorPT$37,707$37,707

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$921,645
Program Service Revenue
$0
Investment Income
$20,280
Other Revenue
$-46,554
All Other Contributions
$320,066
Change in Net Assets
$381,139

Audited Revenue Reconciliation

Revenue per Audited Statements
$895,371
Revenue Not Reported on Form 990
$134,615
Total Revenue per Audited Statements
$1,029,986
Total Revenue per Form 990
$895,371
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$207,509
Salaries, Compensation, and Employee Benefits$160,773
Other Expenses$145,950
Total Fundraising Expense$44,784
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$207,509--$207,509
Other Salaries and Wages$149,348--$149,348
Fees for Services Accounting-$19,391-$19,391
Payroll Taxes$11,425--$11,425
Conferences and Meetings$5,153$273-$5,426
Office Expenses-$4,326-$4,326
Information Technology-$1,200-$1,200
Advertising-$890-$890
Other Expenses$30,971$150$44,784$150
Total Functional Expenses$443,218$26,230$44,784$514,232

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$648,847
Expenses per Audited Statements$514,232
Total Expenses per Form 990$514,232
Expenses Not Reported on Form 990$134,615
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$97,614
Fundraising Gross Income$51,060
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon$474,955$31,500$5,106$26,394
Raise a Glass$177,684$19,560$11$19,549
Total Events$652,639$51,060$97,614$-46,554
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
Yes
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, Line 11B: Form 990 Review Process

Each Board member receives a copy of the 990 and underlying financial statements. Each member is asked to review the return and respond with any questions, changes or comments before filing with the IRS.

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

All Board members read and sign a conflict of interest policy annually. Should a conflict arise, conflicted board members are recused from voting on matters in conflict.

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

Harris County Protective Services (HCPS) provides an in-kind contribution of a portion of two staff including the Executive Director. The Executive Directors compensation is determined by the Harris County salary administration policy.

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

Upon request.

Filing and Contact Details

Filer

Filer Name
HAY Center Foundation
EIN
47-5122077
Phone
8329277000
Address
1216 West Clay Street, Houston, TX 77019

Signing Officer

Name
Janet Dietrich
Title
Chair
Signed
2020-07-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Green
Formed
2015
Legal Domicile
TX
Voting Board Members
17
Independent Board Members
17
Employees
4
Volunteers
275

Preparer

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

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Youth Engagement and Workshops allow youth to have a voice at the table, interact with HAY Center staff and volunteers and learn much needed life skills.Holiday Event is a December celebration where former foster youth and their family of choice attend a fun filled event while connecting with adults outside the CPS system. Youth are often disconnected from family and have no place to celebrate special times of the year. This is where the HAY Center and staff step in to fill the void.Prom Preparation Event helps high school students in foster care get prepared for proms an evening they might not otherwise be able to afford. Matched with volunteer shoppers, youth are mentored through shopping and life skills needed when attending a special event.Hay Day is an end of summer event where youth are guided through a simulated budgeting activity with the help of volunteers. Throughout the day, youth are reminded of the resources the HAY Center offers and leave with the reinforced knowledge that the HAY Center supports their goals.Parenting Workshop is a day-long workshop where former foster youth, who are now parents, are provided with parenting tips and techniques. The children of the foster youth are treated to a fall festival while the parents attend the workshop.Peer Leadership/Peer Support is an opportunity for youth to come together to learn about a variety of topics such as auto purchasing, car repair, tenant rights, civil rights and an opportunity to provide staff with feedback regarding programming and services.

Form 990, Part V, Lines 1A, 2A - Other IRS Filings

Harris County Protective Services for Children and Adults (HCPS) has an employee sharing arrangement with the HAY Center Foundation a portion of the employee cost are reimbursed to HCPS. HCPS files all Forms 1099 and W-2 for the HAY Center Foundation.

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IRS990/ProgSrvcAccomActy2Grp/Desc0Rental Assistance and Housing Options allow youth to find safe, stable housing in order to assist in meeting their educational, employment and mental health goals.o Bridge Housing is a program that provides youth with a rent-free place to live while youth participate in intensive case management, wrap around services and life skills training. Youth work towards obtaining employment and/or training to gain marketable job skills, while preparing to live independently.o Housing Options is a public/private venture between the HAY Center, the HAY Center Foundation, and the Houston Housing Authority. Youth are provided with housing vouchers provided by the Houston Housing Authority while the HAY Center Foundation provides deposits, first month's rent, utility assistance and other expenses needed for youth to move into an apartment. Youth work with staff to gain employment, education, and essential life skills. The goal is that youth will be prepared to obtain their own housing and live independently.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Youth Engagement and Workshops allow youth to have a voice at the table, interact with HAY Center staff and volunteers and learn much needed life skills.Holiday Event is a December celebration where former foster youth and their family of choice attend a fun filled event while connecting with adults outside the CPS system. Youth are often disconnected from family and have no place to celebrate special times of the year. This is where the HAY Center and staff step in to fill the void.Prom Preparation Event helps high school students in foster care get prepared for proms an evening they might not otherwise be able to afford. Matched with volunteer shoppers, youth are mentored through shopping and life skills needed when attending a special event.Hay Day is an end of summer event where youth are guided through a simulated budgeting activity with the help of volunteers. Throughout the day, youth are reminded of the resources the HAY Center offers and leave with the reinforced knowledge that the HAY Center supports their goals.Parenting Workshop is a day-long workshop where former foster youth, who are now parents, are provided with parenting tips and techniques. The children of the foster youth are treated to a fall festival while the parents attend the workshop.Peer Leadership/Peer Support is an opportunity for youth to come together to learn about a variety of topics such as auto purchasing, car repair, tenant rights, civil rights and an opportunity to provide staff with feedback regarding programming and services.
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