Civic Intelligence

Holly Hall

990 • Fiscal year 2018 • EIN 74-1157354

Apr 01, 2017 to Mar 31, 2018 • Filed on Feb 14, 2019

Refreshing map…

2000 Holly Hall StHouston, TX 77054

(713) 799-9031

Siviq Scores

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

Liabilities / Assets

30th percentile

0.09x

Higher debt load relative to assets than 30% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

53rd percentile

0.32x

Higher debt load relative to revenue than 53% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

8th percentile

-24%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

14th percentile

$116,860

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

12th percentile

-7.3%

Faster asset growth than 12% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

61st percentile

8.6%

Faster revenue growth than 61% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Assets

Flat

$44,665,994

Flat from 2018

Net Assets

Flat

$40,723,328

Flat from 2018

Liabilities

Flat

$3,942,666

Flat from 2018

Revenue

Flat

$12,306,159

Flat from 2018

Expenses

Flat

$15,237,751

Flat from 2018

Net Income

Flat

-$2,931,592

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $44,977,363Liabilities 2011: $1,472,514Net Assets 2011: $43,504,8492011Assets 2012: $44,847,280Liabilities 2012: $2,224,510Net Assets 2012: $42,622,7702012Assets 2013: $45,657,669Liabilities 2013: $2,583,175Net Assets 2013: $43,074,4942013Assets 2014: $51,910,462Liabilities 2014: $2,188,245Net Assets 2014: $49,722,2172014Assets 2015: $52,740,741Liabilities 2015: $3,307,574Net Assets 2015: $49,433,1672015Assets 2016: $48,760,108Liabilities 2016: $2,840,986Net Assets 2016: $45,919,1222016Assets 2017: $48,159,780Liabilities 2017: $3,939,853Net Assets 2017: $44,219,9272017Assets 2018: $44,665,994Liabilities 2018: $3,942,666Net Assets 2018: $40,723,3282018Assets 2018: $44,665,994Liabilities 2018: $3,942,666Net Assets 2018: $40,723,3282018Assets 2019: $41,213,257Liabilities 2019: $3,089,286Net Assets 2019: $38,123,9712019Assets 2020: $40,484,963Liabilities 2020: $3,421,282Net Assets 2020: $37,063,6812020Assets 2021: $44,441,138Liabilities 2021: $3,606,698Net Assets 2021: $40,834,4402021Assets 2022: $41,986,863Liabilities 2022: $1,641,961Net Assets 2022: $40,344,9022022Assets 2023: $39,155,774Liabilities 2023: $1,254,278Net Assets 2023: $37,901,4962023Assets 2025: $42,951,034Liabilities 2025: $2,192,319Net Assets 2025: $40,758,7152025

Highlighted filing

2018

Assets$44,665,994
Liabilities$3,942,666
Net Assets$40,723,328

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2011: $23,630,274Expenses 2011: $8,648,042Net Income 2011: $14,982,2322011Expenses 2012: $8,749,3062012Expenses 2013: $9,760,2262013Revenue 2014: $10,054,925Expenses 2014: $10,572,305Net Income 2014: -$517,3802014Revenue 2015: $11,268,391Expenses 2015: $11,507,922Net Income 2015: -$239,5312015Revenue 2016: $10,561,385Expenses 2016: $13,568,421Net Income 2016: -$3,007,0362016Revenue 2017: $11,336,602Expenses 2017: $14,806,113Net Income 2017: -$3,469,5112017Revenue 2018: $12,306,159Expenses 2018: $15,237,751Net Income 2018: -$2,931,5922018Revenue 2018: $12,306,159Expenses 2018: $15,237,751Net Income 2018: -$2,931,5922018Revenue 2019: $11,238,418Expenses 2019: $13,713,648Net Income 2019: -$2,475,2302019Revenue 2020: $11,759,670Expenses 2020: $13,009,066Net Income 2020: -$1,249,3962020Revenue 2021: $12,359,681Expenses 2021: $13,691,973Net Income 2021: -$1,332,2922021Revenue 2022: $13,201,655Expenses 2022: $13,721,526Net Income 2022: -$519,8712022Revenue 2023: $11,967,249Expenses 2023: $13,612,789Net Income 2023: -$1,645,5402023Revenue 2025: $13,846,431Expenses 2025: $13,616,416Net Income 2025: $230,0152025

Highlighted filing

2018

Revenue$12,306,159
Expenses$15,237,751
Net Income-$2,931,592
Jump To
Filing Snapshot
Filing Period
Apr 1, 2017 to Mar 31, 2018
Signed
Feb 14, 2019
Return Version
2017v2.2
Gross Receipts
$17,790,875
Mission and Program Overview

Mission

The mission of holly hall is to provide a non-profit retirement community operated on christian principles.

Christian retirement community offering care for independent, assisted, and healthcare living for residents in a loving, home-like facility. Holly Hall subsidizes some of the residents that cannot cover their cost of care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$22,539,434$21,401,111▼ $1,138,323
Investments in Publicly Traded Securities$18,370,658$15,618,085▼ $2,752,573
Cash and Non-Interest-Bearing Accounts$327,965$763,277▲ $435,312
Accounts Receivable$488,807$664,343▲ $175,536
Prepaid Expenses and Deferred Charges$53,913$110,020▲ $56,107
Pledges and Grants Receivable$1,000$0▼ $1,000
Savings and Temporary Cash Investments-$0-
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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$48,159,780$44,665,994▼ $3,493,786
Other Assets Total$6,378,003$6,109,158▼ $268,845
Liabilities
Other Liabilities$1,453,082$1,404,652▼ $48,430
Unsecured Notes Loans Payable$1,000,000$1,018,022▲ $18,022
Accounts Payable and Accrued Expenses$808,744$818,494▲ $9,750
Deferred Revenue$678,027$701,498▲ $23,471
Total Liabilities$3,939,853$3,942,666▲ $2,813
Net Assets / Fund Balance
Unrestricted Net Assets$35,641,208$32,419,924▼ $3,221,284
Temporarily Rstr Net Assets$7,678,454$7,403,139▼ $275,315
Permanently Rstr Net Assets$900,265$900,265→ $0
Total Net Assets Fund Balance$44,219,927$40,723,328▼ $3,496,599
Total Liabilities and Net Assets / Fund Balance$48,159,780$44,665,994▼ $3,493,786

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,903,775$18,630,937$35,534,712
Land$3,385,346-$3,385,346
Equipment$1,025,966$1,318,751$2,344,717
Other Land Buildings$86,024-$86,024
Other Assets Org$1,299--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$2,006,899-▲ $176,256-$2,183,155
2016$1,955,841-▲ $51,058-$2,006,899
2015$1,998,654-▼ $42,813-$1,955,841
2014$1,913,147-▲ $85,507-$1,998,654
2013$1,902,258-▲ $10,889-$1,913,147
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Amy WardDirector OperationsFT$113,146$3,714$116,860
Christian DominguezDirector of FinanceFT$100,717$8,448$109,165
Keishia BowersDirector of NursingFT$101,859$3,685$105,544

Board Members and Trustees

NameTitle
Rock N HoustounPresident
Tammy JenkinsPresident-Elect
Alicia Ten EyckBoard Member
Allen GageBoard Member
Ann ReedBoard Member
Bain Pearson PittsBoard Member
Camille PattonBoard Member
Carolyn BettiBoard Member
Cathy ArnoldBoard Member
Cheri FosslerBoard Member
Cynthia LangeBoard Member
Dean CallenderBoard Member
Ginni MithoffBoard Member
Gracie McClureBoard Member
Jane WiseBoard Member
Janet LionbergerBoard Member
Jim BuaasBoard Member
JoAnne CassinBoard Member
John W HowardBoard Member
Kyle FrazierBoard Member
Leslie KingBoard Member
Linnie L EdwardsBoard Member
Lynn CrawfordBoard Member
Marje NelsonBoard Member
Martha S WaltonBoard Member
Martha TuckerBoard Member
Mary Bain PearsonBoard Member
Mary Elizabeth MerrillBoard Member
Mopsy AndrewsBoard Member
Nancy CraigBoard Member
Pam BrasseuxBoard Member
Pam SchwabBoard Member
Pamela BlakelyBoard Member
Pat HoustounBoard Member
Pat WallaceBoard Member
Richard R Nelson IIIBoard Member
Sandy MaunBoard Member
Shelley JorgensenBoard Member
Tom MengesBoard Member
Vaunette FayBoard Member
Bob RoushDirector
Sam MoretonFinancial VP
Ty WhitcombIm Past Pres
John LangeInterim ED
David M Underwood JrMember at Large
Diann LewterMember at Large
Jerry L McNeillMember at Large
Liz RigneyMember at Large
Vicki LangeMember at Large
Art CallahamParliamentarian
Ellen C DonnellySecretary
Bob ParkeyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Physical Therapy InternationalPhysical Therapy132 Eldridge, Sugar Land, TX 77478$1,279,156
Ethicus Management Co LLCManagement services6363 Woodway Dr, Houston, TX 77057$179,933
Revenue and Support

Revenue Composition

Contributions and Grants
$450,485
Program Service Revenue
$9,501,157
Investment Income
$2,349,416
Other Revenue
$5,101
All Other Contributions
$450,485
Change in Net Assets
$-2,931,592

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,965,128
Revenue Not Reported on Financial Statements
$341,031
Revenue Not Reported on Form 990
$-565,007
Other Revenue Adjustments
$175,478
Total Revenue per Audited Statements
$11,400,121
Total Revenue per Form 990
$12,306,159
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,585,130
Other Expenses$7,477,143
Total Fundraising Expense$378,387
Grants and Similar Amounts Paid$175,478
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,608,948$1,077,176$177,194$5,863,318
Depreciation Depletion$1,701,228$5,427$43,940$1,750,595
Fees for Services Other$1,281,889$147,292$39,239$1,468,420
Other Employee Benefits$514,960$84,818$6,058$605,836
Occupancy$513,149$5,559$12,920$531,628
Payroll Taxes$441,912$72,785$5,199$519,896
Other Expenses$395,160$908$7,348$403,416
Office Expenses$263,649$83,061$22,400$369,110
Insurance$237,713$28,755$8,392$274,860
Current Officers, Directors, Trustees, and Key Employees$178,295$41,135$6,595$226,025
Pension Plan Contributions$154,217$34,826$2,506$191,549
Comp Disqual Persons$166,447$10,226$1,833$178,506
Grants to Domestic Individuals$175,478--$175,478
Fees for Service Investment Mgmnt Fees-$165,553-$165,553
Advertising-$112,042-$112,042
Information Technology$50,067$53,182$5,310$108,559
All Other Expenses$67,178$26,694$2,543$96,415
Fees for Services Legal$16,044$65,092$6,201$87,337
Fees for Services Accounting-$77,822-$77,822
Conferences and Meetings$216$14,713$56$14,985
Travel$2,324$1,735$163$4,222
Total Functional Expenses$12,750,563$2,108,801$378,387$15,237,751

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$15,237,751
Total Expenses per Audited Statements$14,902,738
Expenses per Audited Statements$14,896,720
Expenses Not Reported on Financial Statements$341,031
Other Expense Adjustments$175,478
Expenses Not Reported on Form 990$6,018
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Bd mmbr spouse ownedManagement servicesNo$179,933

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued pension costs$1,104,513
Resident deposits$300,139
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
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Rock Houstoun and Pat Houstoun have a family relationship. Tammy Jenkins and Camille Patton have a family relationship.Bain Pearson Pitts and Mary Bain Pearson have a family relationship.John and Vickie Lange have a family relationship.

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

Holly Hall has contracted with Ethicus Healthcare Management, LLC to perform anumber of management duties. The services include financial and managerial oversight, as well as other operations related consulting. During August 2016 through October 2017, Ethicus personnel served as the organization'stop management official.

Form 990, Part VI, Line 11B: Form 990 Review Process

The Treasurer and/or VP of Finance, Executive Director and Director of Accounting initially review and approve a draft copy of the entity's Form 990. A copy of the Form 990 is made available to the board prior to filing.

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

Annually Directors review and sign a conflict of interest statement.

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

The Executive Board Committee has responsibility for matters concerning selection, evaluation, retention, remuneration, and dismissal of key personnel including the executive director. The Executive Board Committee has relied on local wage comparisons from salary.com and an informal survey of area nonprofit clinics as compensation guidelines. The information is reviewed by the Executive Committee to be used, in conjunction with an annual performance review, to determine the salary of the Executive Director.

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

All information is available upon request.

Filing and Contact Details

Filer

Filer Name
Holly Hall
EIN
74-1157354
Phone
7137999031
Address
2000 Holly Hall St, Houston, TX 77054

Signing Officer

Name
Mark Mullahy
Title
CEO
Signed
2019-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Mullahy
Formed
1949
Legal Domicile
TX
Voting Board Members
51
Independent Board Members
50
Employees
244
Volunteers
71

Preparer

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

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Change in value of beneficial interest = -$33864

Other Changes In Net Assets Or Fund Balances - Other Increases

Pension liability adjustment = $165291

Financial Statement Notes

Part V, Line 4: Intended uses of the endowment fund.

The endowment fund was established to provide for the future needs of Holly Hall and its residents.

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Change in value of beneficial interest $-33864 Pension liability adjustment $165291

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Housing subsidy $175478

Part XII, Line 2D: Other expenses and losses per audited F/S

Endowment Expenses $6018

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

Housing subsidy $175478

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IRS990/Desc0Holly Hall Retirement Community is a unique, non-denominational Christian retirement community for those 65 years of age or older. Governed by a 51-member Board of Directors, Holly Hall provides a continuum of care ranging from independent living to assisted living to full nursing care. Holly Hall has the capacity to serve 213 residents between all three levels of care. One of the hallmarks of Holly Halls care and commitment to its residents is that it covers the cost of care for residents who, over time, are no longer able to do so as they transition from Independent Living, to Assisted Living to Healthcare. Through the generosity of supporters from the community, Holly Hall is able to fill the gap for residents unable to do so. The number of people who receive a subsidy from Holly Hall varies each year and is based purely on need.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt538448
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt543685
IRS990/Form990PartVIISectionAGrp/PersonNm0Rock N Houstoun
IRS990/Form990PartVIISectionAGrp/PersonNm1Tammy Jenkins
IRS990/Form990PartVIISectionAGrp/PersonNm2Sam Moreton
IRS990/Form990PartVIISectionAGrp/PersonNm3Ellen C Donnelly
IRS990/Form990PartVIISectionAGrp/PersonNm4Bob Parkey
IRS990/Form990PartVIISectionAGrp/PersonNm5Art Callaham
IRS990/Form990PartVIISectionAGrp/PersonNm6Ty Whitcomb
IRS990/Form990PartVIISectionAGrp/PersonNm7Vicki Lange
IRS990/Form990PartVIISectionAGrp/PersonNm8Diann Lewter
IRS990/Form990PartVIISectionAGrp/PersonNm9Jerry L McNeill
IRS990/Form990PartVIISectionAGrp/PersonNm10Liz Rigney
IRS990/Form990PartVIISectionAGrp/PersonNm11David M Underwood Jr
IRS990/Form990PartVIISectionAGrp/PersonNm12Mopsy Andrews
IRS990/Form990PartVIISectionAGrp/PersonNm13Cathy Arnold
IRS990/Form990PartVIISectionAGrp/PersonNm14Carolyn Betti
IRS990/Form990PartVIISectionAGrp/PersonNm15Pamela Blakely
IRS990/Form990PartVIISectionAGrp/PersonNm16Pam Brasseux
IRS990/Form990PartVIISectionAGrp/PersonNm17Jim Buaas
IRS990/Form990PartVIISectionAGrp/PersonNm18Dean Callender
IRS990/Form990PartVIISectionAGrp/PersonNm19JoAnne Cassin
IRS990/Form990PartVIISectionAGrp/PersonNm20Nancy Craig
IRS990/Form990PartVIISectionAGrp/PersonNm21Lynn Crawford
IRS990/Form990PartVIISectionAGrp/PersonNm22Linnie L Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm23Vaunette Fay
IRS990/Form990PartVIISectionAGrp/PersonNm24Cheri Fossler
IRS990/Form990PartVIISectionAGrp/PersonNm25Kyle Frazier
IRS990/Form990PartVIISectionAGrp/PersonNm26Allen Gage
IRS990/Form990PartVIISectionAGrp/PersonNm27Pat Houstoun
IRS990/Form990PartVIISectionAGrp/PersonNm28John W Howard
IRS990/Form990PartVIISectionAGrp/PersonNm29Shelley Jorgensen
IRS990/Form990PartVIISectionAGrp/PersonNm30Leslie King
IRS990/Form990PartVIISectionAGrp/PersonNm31Cynthia Lange
IRS990/Form990PartVIISectionAGrp/PersonNm32Janet Lionberger
IRS990/Form990PartVIISectionAGrp/PersonNm33Sandy Maun
IRS990/Form990PartVIISectionAGrp/PersonNm34Gracie McClure
IRS990/Form990PartVIISectionAGrp/PersonNm35Tom Menges
IRS990/Form990PartVIISectionAGrp/PersonNm36Mary Elizabeth Merrill
IRS990/Form990PartVIISectionAGrp/PersonNm37Ginni Mithoff
IRS990/Form990PartVIISectionAGrp/PersonNm38Richard R Nelson III
IRS990/Form990PartVIISectionAGrp/PersonNm39Marje Nelson
IRS990/Form990PartVIISectionAGrp/PersonNm40Camille Patton
IRS990/Form990PartVIISectionAGrp/PersonNm41Bain Pearson Pitts
IRS990/Form990PartVIISectionAGrp/PersonNm42Mary Bain Pearson
IRS990/Form990PartVIISectionAGrp/PersonNm43Ann Reed
IRS990/Form990PartVIISectionAGrp/PersonNm44Bob Roush
IRS990/Form990PartVIISectionAGrp/PersonNm45Pam Schwab
IRS990/Form990PartVIISectionAGrp/PersonNm46Alicia Ten Eyck

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Summary only. Only limited summary data is available for this year.$43.0$2.19$40.8$13.8$13.6$0.23
2023Summary only. Only limited summary data is available for this year.$39.2$1.25$37.9$12.0$13.6$1.65
2022Summary only. Only limited summary data is available for this year.$42.0$1.64$40.3$13.2$13.7$0.52
2021Summary only. Only limited summary data is available for this year.$44.4$3.61$40.8$12.4$13.7$1.33
2020Summary only. Only limited summary data is available for this year.$40.5$3.42$37.1$11.8$13.0$1.25
2019Summary only. Only limited summary data is available for this year.$41.2$3.09$38.1$11.2$13.7$2.48
2018Detailed filing. Detailed filing data is available for this year.$44.7$3.94$40.7$12.3$15.2$2.93
2018Summary only. Only limited summary data is available for this year.$44.7$3.94$40.7$12.3$15.2$2.93
2017Summary only. Only limited summary data is available for this year.$48.2$3.94$44.2$11.3$14.8$3.47
2016Summary only. Only limited summary data is available for this year.$48.8$2.84$45.9$10.6$13.6$3.01
2015Summary only. Only limited summary data is available for this year.$52.7$3.31$49.4$11.3$11.5$0.24
2014Summary only. Only limited summary data is available for this year.$51.9$2.19$49.7$10.1$10.6$0.52
2013Summary only. Only limited summary data is available for this year.$45.7$2.58$43.1$9.76
2012Summary only. Only limited summary data is available for this year.$44.8$2.22$42.6$8.75
2011Summary only. Only limited summary data is available for this year.$45.0$1.47$43.5$23.6$8.65$15.0