Civic Intelligence

Nora'S Gift Foundation Inc

990 • Fiscal year 2018 • EIN 62-1763895

Jan 01, 2018 to Dec 31, 2018 • Filed on Jan 15, 2021

8300 El Rio StHouston, TX 77054

(832) 831-3720

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

91st percentile

54%

Higher net margin than 91% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

41st percentile

$103,000

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 5.6% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

78th percentile

14%

Faster asset growth than 78% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

16%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$9,691,284

Up $1,166,362 (+14%) from 2017

Net Assets

Up

$9,666,916

Up $1,634,271 (+20%) from 2017

Liabilities

Down

$24,368

Down $467,909 (-95%) from 2017

Revenue

Up

$1,825,474

Up $254,242 (+16%) from 2017

Expenses

Up

$842,759

Up $60,875 (+7.8%) from 2017

Net Income

Up

$982,715

Up $193,367 (+24%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $534,164Liabilities 2010: $608Net Assets 2010: $533,5562010Assets 2011: $753,818Liabilities 2011: $1,222Net Assets 2011: $752,5962011Assets 2012: $2,790,361Liabilities 2012: $891Net Assets 2012: $2,789,4702012Assets 2013: $3,683,403Liabilities 2013: $1,981Net Assets 2013: $3,681,4222013Assets 2014: $4,820,112Liabilities 2014: $2,746Net Assets 2014: $4,817,3662014Assets 2015: $4,972,106Liabilities 2015: $522Net Assets 2015: $4,971,5842015Assets 2016: $7,024,553Liabilities 2016: $118Net Assets 2016: $7,024,4352016Assets 2017: $8,524,922Liabilities 2017: $492,277Net Assets 2017: $8,032,6452017Assets 2018: $9,691,284Liabilities 2018: $24,368Net Assets 2018: $9,666,9162018Assets 2019: $10,981,169Liabilities 2019: $150,996Net Assets 2019: $10,830,1732019Assets 2020: $10,746,833Liabilities 2020: $108,191Net Assets 2020: $10,638,6422020Assets 2021: $10,954,539Liabilities 2021: $46,549Net Assets 2021: $10,907,9902021Assets 2022: $16,603,611Liabilities 2022: $96,629Net Assets 2022: $16,506,9822022Assets 2023: $17,552,413Liabilities 2023: $78,295Net Assets 2023: $17,474,1182023Assets 2024: $18,532,739Liabilities 2024: $117,706Net Assets 2024: $18,415,0332024

Highlighted filing

2018

Assets$9,691,284
Liabilities$24,368
Net Assets$9,666,916

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $44,6432010Expenses 2011: $83,3322011Revenue 2012: $2,158,437Expenses 2012: $121,563Net Income 2012: $2,036,8742012Revenue 2013: $1,216,354Expenses 2013: $324,576Net Income 2013: $891,7782013Revenue 2014: $1,803,226Expenses 2014: $667,626Net Income 2014: $1,135,6002014Revenue 2015: $1,016,754Expenses 2015: $862,537Net Income 2015: $154,2172015Revenue 2016: $2,918,398Expenses 2016: $865,546Net Income 2016: $2,052,8522016Revenue 2017: $1,571,232Expenses 2017: $781,884Net Income 2017: $789,3482017Revenue 2018: $1,825,474Expenses 2018: $842,759Net Income 2018: $982,7152018Revenue 2019: $2,280,005Expenses 2019: $1,116,748Net Income 2019: $1,163,2572019Revenue 2020: $1,114,342Expenses 2020: $1,305,873Net Income 2020: -$191,5312020Revenue 2021: $1,615,687Expenses 2021: $1,346,339Net Income 2021: $269,3482021Revenue 2022: $7,451,646Expenses 2022: $1,536,890Net Income 2022: $5,914,7562022Revenue 2023: $2,646,575Expenses 2023: $1,679,439Net Income 2023: $967,1362023Revenue 2024: $2,499,532Expenses 2024: $1,558,463Net Income 2024: $941,0692024

Highlighted filing

2018

Revenue$1,825,474
Expenses$842,759
Net Income$982,715
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jan 15, 2021
Return Version
2018v3.3
Gross Receipts
$2,187,964
Mission and Program Overview

Mission

The mission of nora's home is to offer affordable lodging for pre-transplant and post-transplant patients and their families who travel long distances for treatment at any of the texas medical center transplant centers. The first of its kind in houston, it will provide care, education and support for transplant patients and their families in a loving, home-like environment.

To offer affordable lodging for pre & post-transplant patients & their families who travel for treatment at any of the solid organ transplant centers in the tmc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,234,017$6,841,110▲ $2,607,093
Cash and Non-Interest-Bearing Accounts$2,083,249$1,125,231▼ $958,018
Pledges and Grants Receivable$12,345$943,527▲ $931,182
Savings and Temporary Cash Investments$1,718,432$758,693▼ $959,739
Accounts Receivable$286,932$0▼ $286,932
Investments in Publicly Traded Securities$104,508$0▼ $104,508
Prepaid Expenses and Deferred Charges$85,439$22,723▼ $62,716
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$8,524,922$9,691,284▲ $1,166,362
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$260,400$0▼ $260,400
Accounts Payable and Accrued Expenses$231,877$24,368▼ $207,509
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$492,277$24,368▼ $467,909
Net Assets / Fund Balance
Unrestricted Net Assets$8,032,645$8,671,743▲ $639,098
Temporarily Rstr Net Assets$0$995,173▲ $995,173
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$8,032,645$9,666,916▲ $1,634,271
Total Liabilities and Net Assets / Fund Balance$8,524,922$9,691,284▲ $1,166,362

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,651,747$375,205$7,026,952
Equipment$189,363$122,348$311,711

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,314,273$820,726-$2,139,826$995,173
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Natalie LencioniExecutive DirectorFT$103,000$103,000

Board Members and Trustees

NameTitle
A Osama Gaber MdChairman
Ellis TudzinFirst Vice-chair
Brigitte KalaiVice-chair
Arshad MatinDirector
Casey HedgesDirector
Edward KuntzDirector
Golda JacobDirector
Imad AbdullahDirector
Jerry PatelDirector
Larry RammingDirector
Lillian GaberDirector
M Waleed GaberDirector
Mark HobeikaDirector
Matthew GirottoDirector
Michael RoseDirector
Rudy BeechingDirector
Timothy SchroederDirector
John ZerrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,820,372
Program Service Revenue
$193,717
Investment Income
$5,296
Other Revenue
$-193,911
All Other Contributions
$1,099,054
Change in Net Assets
$982,715

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table9$72,155Fair Market Value
Total Noncash Contributions9$72,155-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,824,786
Revenue Not Reported on Financial Statements
$688
Other Revenue Adjustments
$688
Total Revenue per Audited Statements
$1,824,786
Total Revenue per Form 990
$1,825,474
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$435,204
Salaries, Compensation, and Employee Benefits$407,555
Total Fundraising Expense$90,799
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$254,502$66,776$57,790$379,068
Occupancy$156,436--$156,436
Depreciation Depletion$116,717--$116,717
Fees for Services Other-$30,123-$30,123
Payroll Taxes$18,773$4,897$4,817$28,487
Office Expenses$8,702$18,063-$26,765
Advertising-$25,134-$25,134
Other Expenses$20,780-$28,192$20,780
Information Technology$1,490$9,432-$10,922
Insurance$2,804$4,973-$7,777
Fees for Services Accounting-$6,000-$6,000
Conferences and Meetings-$5,841-$5,841
Fees for Services Management-$505-$505
Interest-$12-$12
Total Functional Expenses$580,204$171,756$90,799$842,759

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$842,759
Total Expenses per Audited Statements$842,759
Total Expenses per Form 990$842,759
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$237,223
Fundraising Gross Income$43,312
Gaming Direct Expenses$20,800
Gaming Gross Income$20,800
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$689,434$42,377$96,299$-53,922
Golf Tournament$75,196$935$935$0
Total Events$764,630$43,312$237,223$-193,911
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

A. Osama gaber, md, lillian gaber, md, and m. Waleed gaber, phd have a family relationship.

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

The organization engages an outside accounting firm to prepare form 990. Once prepared, the form is distributed to the board of directors by way of email with a priority marking and review comments are requested prior to filing.

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

The board reviews and resolves, if necessary, any transactions as they arise throughout in accordance with policy standards.

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

The executive compensation committee reviews various bench-marking data to determine the executive director's compensation. After review, it goes to the executive board which reviews the executive compensation committee's recommendation and then votes for approval.

Form 990, Part VI, Section C, Line 19

The organization's charter, bylaws, form 990, and minutes of board meetings are available to the public upon request. Potential funding sources are provided this information upon request with grant proposals. Other members of the public may inspect these documents on site during regular business hours.

Filing and Contact Details

Filer

Filer Name
Nora's Gift Foundation Inc
EIN
62-1763895
In Care Of
% PATRICIA MITCHELL
Phone
8328313720
Address
8300 El Rio St, Houston, TX 77054
Doing Business As
NORA'S HOME

Signing Officer

Name
A Osama Gaber Md
Title
Chair
Phone
7134994600
Signed
2021-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
A Osama Gaber Md
Formed
1998
Legal Domicile
Tn
Voting Board Members
18
Independent Board Members
18
Employees
25
Volunteers
250

Preparer

Firm
Bkd Llp
Address
2700 Post Oak Blvd Ste 1500, HOUSTON, TX 77056
Preparer
Amanda Maya
Phone
7134994600
Supplemental Narrative

Additional Explanations

Form 990, Item B

The originally filed form 990 was filed prior to completion of the audited financial statements. The organization is amending form 990 to reflect related changes as well as several corrections. Changes have been made in the following schedules related to completion of an audit and matching audited amounts: -form 990 - changes to most sections -schedule d, part v, xi, xii, & xiii -schedule g, part ii changes have been made for the following correction: -form 990, part vii - added compensation of executive director omitted from original filing -schedule l - removed; previously reported transactions did not reach the reporting threshold and therefore not required

Form 990, Part XI, Line 8

Prior period adjustments: the organization has an adjustment to beginning net assets related to 2017 adjustments made during completion of the 2018 audited financial statements which were prepared after original 2018 form 990 was filed.

Form 990, Part XI, Line 9

Other changes in net assets: changes in discount on pledges receivable $ (688)

Financial Statement Notes

Schedule D, Part V, Line 4

Intended uses of endowment fund the endowment fund was established to cover operating costs of the organization.

Schedule D, Part X, Line 2

The foundation is exempt from income taxes under section 501 of the internal revenue code and a similar provision of state law. However, the foundation is subject to federal income tax on any unrelated business taxable income. The foundation files tax returns in the u.s. Federal jurisdiction.

Schedule D, Part V, Line 1

A board designated endowment was established during the 2018 independent audit. As such, endowment information has been completed for current year only.

Schedule D, Part XI, Line 4B

Reconciliation of revenue per audited f/s with revenue per return revenue on return, not on books: changes in discount on pledges receivable $ 688

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IRS990/Desc0NORA'S HOME WELCOMES PATIENTS AND THEIR FAMILIES AT ANY STAGE OF THE ORGAN TRANSPLANT JOURNEY. THE HOSPITALITY HOME AIMS TO EASE THE BURDENS MANY PATIENTS FACE BY HELPING REDUCE THE IMMENSE EXPENSE AND STRESS INCURRED WHILE UNDERGOING TRANSPLANT CARE BY PROVIDING AFFORDABLE LODGING IN A LOVING, HOME-LIKE ENVIRONMENT. THE SELF-SUPPORTING FACILITY INCLUDES 32 GUEST SUITES WITH PRIVATE BEDROOMS AND BATHS, A FULLY-EQUIPPED KITCHEN, A GREAT ROOM, A SUN ROOM, A MEDITATION ROOM, OUTDOOR HEALING GARDEN, AND PROVIDES FREE SHUTTLE SERVICES TO AND FROM THE TEXAS MEDICAL CENTER. THERE WERE 440 TRANSPLANT PATIENTS THAT STAYED AS GUESTS DURING 2018. A PHASE TWO EXPANSION OPENED IN OCTOBER 2018 WHICH DOUBLED THE LODGING CAPACITY FROM 16 TO 32 SUITES. NORAS HOME ALSO CELEBRATED FIVE YEARS OF OPERATIONS, SERVING MORE THAN 1,000 FAMILIES.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$18.5$0.12$18.4$2.50$1.56$0.94
2023Detailed filing. Detailed filing data is available for this year.$17.6$0.08$17.5$2.65$1.68$0.97
2022Detailed filing. Detailed filing data is available for this year.$16.6$0.10$16.5$7.45$1.54$5.91
2021Detailed filing. Detailed filing data is available for this year.$11.0$0.05$10.9$1.62$1.35$0.27
2020Detailed filing. Detailed filing data is available for this year.$10.7$0.11$10.6$1.11$1.31$0.19
2019Detailed filing. Detailed filing data is available for this year.$11.0$0.15$10.8$2.28$1.12$1.16
2018Detailed filing. Detailed filing data is available for this year.$9.69$0.02$9.67$1.83$0.84$0.98
2017Detailed filing. Detailed filing data is available for this year.$8.52$0.49$8.03$1.57$0.78$0.79
2016Detailed filing. Detailed filing data is available for this year.$7.02$0.00$7.02$2.92$0.87$2.05
2015Detailed filing. Detailed filing data is available for this year.$4.97$0.00$4.97$1.02$0.86$0.15
2014Detailed filing. Detailed filing data is available for this year.$4.82$0.00$4.82$1.80$0.67$1.14
2013Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$1.22$0.32$0.89
2012Summary only. Only limited summary data is available for this year.$2.79$0.00$2.79$2.16$0.12$2.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.00$0.75$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.04