Civic Intelligence

Nora'S Gift Foundation Inc

990 • Fiscal year 2020 • EIN 62-1763895

Jan 01, 2020 to Dec 31, 2020 • Filed on May 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

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

23rd percentile

0.10x

Higher debt load relative to revenue than 23% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

14th percentile

-17%

Higher net margin than 14% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

23rd percentile

$97,870

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Asset Growth

19th percentile

-2.1%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-51%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Down

$10,746,833

Down $234,336 (-2.1%) from 2019

Net Assets

Down

$10,638,642

Down $191,531 (-1.8%) from 2019

Liabilities

Down

$108,191

Down $42,805 (-28%) from 2019

Revenue

Down

$1,114,342

Down $1,165,663 (-51%) from 2019

Expenses

Up

$1,305,873

Up $189,125 (+17%) from 2019

Net Income

Down

-$191,531

Down $1,354,788 (-116%) from 2019

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

2020

Assets$10,746,833
Liabilities$108,191
Net Assets$10,638,642

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

2020

Revenue$1,114,342
Expenses$1,305,873
Net Income-$191,531
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 15, 2021
Return Version
2020v4.1
Gross Receipts
$1,412,359
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 and 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$6,776,061$6,542,247▼ $233,814
Investments in Publicly Traded Securities$15,265$2,003,992▲ $1,988,727
Cash and Non-Interest-Bearing Accounts$1,349,449$1,494,970▲ $145,521
Pledges and Grants Receivable$808,799$698,821▼ $109,978
Prepaid Expenses and Deferred Charges$51,268$0▼ $51,268
Savings and Temporary Cash Investments$1,980,327$6,803▼ $1,973,524
Accounts Receivable$0$0→ $0
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$10,981,169$10,746,833▼ $234,336
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$80,620$94,812▲ $14,192
Accounts Payable and Accrued Expenses$57,296$13,379▼ $43,917
Deferred Revenue$13,080$0▼ $13,080
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$150,996$108,191▼ $42,805
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,021,374$9,939,821▼ $81,553
Net Assets With Donor Restrictions$808,799$698,821▼ $109,978
Total Net Assets Fund Balance$10,830,173$10,638,642▼ $191,531
Total Liabilities and Net Assets / Fund Balance$10,981,169$10,746,833▼ $234,336

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,322,393$743,970$7,066,363
Equipment$219,854$241,560$461,414

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$808,799$71,407-$181,385$698,821
2019$995,173$408,782-$595,156$808,799
2018$2,314,273$820,726-$2,139,826$995,173
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Natalie LencioniExecutive DirectorFT$92,043$5,827$97,870

Board Members and Trustees

NameTitle
A Osama Gaber MdChairman / Founding Director
Ellis TudzinFirst Vice-chair
Arshad MatinDirector
Casey HedgesDirector
Cathy CooneyDirector
Gabriel Loor MdDirector
Imad AbdullahDirector
Jerry PatelDirector
Kayla LehmannDirector
M Waleed Gaber PhdDirector
Mark Hobeika MdDirector
Matthew GirottoDirector
Timothy SchroederDirector
Lillian Gaber MdFounding Director
J Michael RoseSecretary
John ZerrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,176,304
Program Service Revenue
$123,595
Investment Income
$13,771
Other Revenue
$-199,328
All Other Contributions
$604,602
Change in Net Assets
$-191,531

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,121,679
Revenue Not Reported on Financial Statements
$-7,337
Other Revenue Adjustments
$-7,337
Total Revenue per Audited Statements
$1,121,679
Total Revenue per Form 990
$1,114,342
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$722,186
Salaries, Compensation, and Employee Benefits$583,687
Total Fundraising Expense$123,345
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$315,359$127,557$54,301$497,217
Depreciation Depletion$250,617--$250,617
Occupancy$222,333--$222,333
Fees for Services Accounting-$74,204-$74,204
Payroll Taxes$30,612$10,217$4,154$44,983
Other Employee Benefits$26,240$10,357$4,890$41,487
Other Expenses$27,199-$60,000$27,199
Fees for Services Other-$25,671-$25,671
Office Expenses$9,281$12,829-$22,110
Information Technology-$20,255-$20,255
Insurance$3,616$12,102-$15,718
Conferences and Meetings-$2,435-$2,435
Advertising-$1,603-$1,603
Fees for Services Management-$41-$41
Total Functional Expenses$885,257$297,271$123,345$1,305,873

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,313,210
Expenses per Audited Statements$1,305,873
Total Expenses per Form 990$1,305,873
Expenses Not Reported on Form 990$7,337
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$274,838
Fundraising Gross Income$65,260
Gaming Gross Income$14,000
Gaming Direct Expenses$3,750
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$551,525$55,600$95,708$-40,108
Golf Tourn.$85,437$9,660$3,599$6,061
Total Events$636,962$65,260$274,838$-209,578
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ppp Loan$94,812
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
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.

Form 990, Part VI, Section A, Line 4

The organization amended the bylaws effective december 30, 2020 to make changes to article 3 term and term limits of members and directors.

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
2021-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
A Osama Gaber Md
Formed
1998
Legal Domicile
Tn
Voting Board Members
16
Independent Board Members
16
Employees
17
Volunteers
250

Preparer

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

Financial Statement Notes

Schedule D, Part V, Line 4

Intended use of endowmend 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 that was performed after the 2018 form 990 was filed. As such, endowment information has been completed for two years back, prior year, and current year only.

Schedule D, Part XI, Line 4B

Reconciliation of audited financial statements to form 990 revenue on return, not on books: loss on disposal of asset in audit expense $ (3,738) fundraising expenses in audit expense (3,599) --------- $ (7,337)

Schedule D, Part XII, Line 2D

Reconciliation of audited financial statements to form 990 expense on books, not on return: loss on disposal of asset in audit expense $ 3,738 fundraising expenses in audit expense 3,599 --------- $ 7,337

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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. OPERATIONS DURING THE COVID-19 PANDEMIC: MARCH 27, 2020: TEMPORARILY SUSPENDED ACCEPTING NEW RESERVATIONS. KEPT QUARANTINE WITH 10 FAMILIES IN-HOUSE. JUNE 1, 2020: REOPENED WITH MAX CAPACITY OF 50% TO ALLOW FOR PROPER SOCIAL DISTANCING; MANDATED MASK POLICY AND LIMITED NUMBER OF CAREGIVERS TO ONE. SERVED 324 TRANSPLANT PATIENTS AND FAMILY THAT STAYED AS GUESTS DURING 2020 REPRESENTING MORE THAN 4,266 NIGHT STAYS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN / FOUNDING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2FOUNDING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3FIRST VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
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IRS990/FormationYr01998
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IRS990/LocalChaptersInd0false
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0123595
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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02143702
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IRS990/PYInvestmentIncomeAmt028725
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IRS990/PYProgramServiceRevenueAmt0269421
IRS990/PYRevenuesLessExpensesAmt01163257
IRS990/PYSalariesCompEmpBnftPaidAmt0414943
IRS990/PYTotalExpensesAmt01116748
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02280005
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IRS990/QuidProQuoContriDisclInd0true
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IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-191531
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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