Civic Intelligence

South Main Center Association

990 • Fiscal year 2017 • EIN 74-1860148

Jul 01, 2016 to Jun 30, 2017 • Filed on Oct 19, 2017

PO Box 273122Houston, TX 77277

(281) 846-6967

Siviq Scores

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

Liabilities / Assets

67th percentile

0.02x

Higher debt load relative to assets than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

60th percentile

0.00x

Higher debt load relative to revenue than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

55th percentile

5.6%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

94th percentile

$60,000

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

67th percentile

15%

Faster asset growth than 67% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

28%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$48,743

Up $6,383 (+15%) from 2016

Net Assets

Up

$47,633

Up $13,397 (+39%) from 2016

Liabilities

Down

$1,110

Down $7,014 (-86%) from 2016

Revenue

Up

$237,804

Up $51,974 (+28%) from 2016

Expenses

Up

$224,407

Up $48,525 (+28%) from 2016

Net Income

Up

$13,397

Up $3,449 (+35%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $214,692Liabilities 2011: $3,601Net Assets 2011: $211,0912011Assets 2012: $141,232Liabilities 2012: $853Net Assets 2012: $140,3792012Assets 2013: $85,907Liabilities 2013: $3,154Net Assets 2013: $82,7532013Assets 2014: $58,870Liabilities 2014: $3,611Net Assets 2014: $55,2592014Assets 2015: $38,136Liabilities 2015: $13,848Net Assets 2015: $24,2882015Assets 2016: $42,360Liabilities 2016: $8,124Net Assets 2016: $34,2362016Assets 2017: $48,743Liabilities 2017: $1,110Net Assets 2017: $47,6332017Assets 2018: $131,649Liabilities 2018: $0Net Assets 2018: $131,6492018Assets 2019: $184,314Net Assets 2019: $184,3142019Assets 2020: $260,834Liabilities 2020: $7,045Net Assets 2020: $253,7892020Assets 2021: $314,818Net Assets 2021: $314,8182021Assets 2022: $325,871Liabilities 2022: $237Net Assets 2022: $325,6342022Assets 2023: $355,940Net Assets 2023: $355,9402023Assets 2024: $398,414Net Assets 2024: $398,4142024Assets 2025: $444,520Liabilities 2025: $500Net Assets 2025: $444,0202025

Highlighted filing

2017

Assets$48,743
Liabilities$1,110
Net Assets$47,633

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2011: $249,7912011Expenses 2012: $216,5232012Expenses 2013: $208,0542013Revenue 2014: $167,930Expenses 2014: $195,428Net Income 2014: -$27,4982014Revenue 2015: $181,166Expenses 2015: $212,137Net Income 2015: -$30,9712015Revenue 2016: $185,830Expenses 2016: $175,882Net Income 2016: $9,9482016Revenue 2017: $237,804Expenses 2017: $224,407Net Income 2017: $13,3972017Revenue 2018: $182,610Expenses 2018: $96,096Net Income 2018: $86,5142018Revenue 2019: $162,162Expenses 2019: $109,497Net Income 2019: $52,6652019Revenue 2020: $166,600Expenses 2020: $97,125Net Income 2020: $69,4752020Revenue 2021: $154,084Expenses 2021: $93,055Net Income 2021: $61,0292021Revenue 2022: $149,000Expenses 2022: $138,184Net Income 2022: $10,8162022Revenue 2023: $147,081Expenses 2023: $116,275Net Income 2023: $30,8062023Revenue 2024: $151,257Expenses 2024: $108,783Net Income 2024: $42,4742024Revenue 2025: $145,634Expenses 2025: $100,028Net Income 2025: $45,6062025

Highlighted filing

2017

Revenue$237,804
Expenses$224,407
Net Income$13,397
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Oct 19, 2017
Return Version
2016v3.0
Gross Receipts
$237,804
Mission and Program Overview

Mission

Raise awareness about the extraordinary

Raise awareness about the extraordinary South Main area and the contributions that its institutions make to Houston's quality of life and the city's ability to compete in a global economy.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$34,236$47,633▲ $13,397
Cash and Non-Interest-Bearing Accounts$39,745$28,628▼ $11,117
Accounts Receivable$2,500$20,000▲ $17,500
Land, Buildings, and Equipment, Net$115$115→ $0
Total Assets$42,360$48,743▲ $6,383
Liabilities
Accounts Payable and Accrued Expenses$8,124$1,110▼ $7,014
Total Liabilities$8,124$1,110▼ $7,014
Net Assets / Fund Balance
Total Net Assets Fund Balance$34,236$47,633▲ $13,397
Total Liabilities and Net Assets / Fund Balance$42,360$48,743▲ $6,383

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$115$35,035$35,150
Compensation and Service Providers

Employees

NameTitleBaseTotal
Willard HolmesBoard Member$60,000$60,000

Board Members and Trustees

NameTitle
Gwendolyn GoffeChair
Charlie NorrisBoard Member
Dan CheneyBoard Member
Doreen StollerBoard Member
Doug ChildersBoard Member
Edwin FriedrichsBoard Member
Geoff CarletonBoard Member
Hector CovoBoard Member
Howard RoseBoard Member
James VickBoard Member
Jim FurrBoard Member
Julie FarrBoard Member
Kevin HoffmanBoard Member
Kevin KirbyBoard Member
Norm LivingstonBoard Member
Patti JoinerBoard Member
Robert MillerBoard Member
Roger LambertBoard Member
Shawn CloonanBoard Member
Ted DickersonBoard Member
Tony AllenderBoard Member
William HarmonBoard Member
Susan YoungSecretary
Claude WynnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$227,763
Program Service Revenue
$10,000
Investment Income
$41
Other Revenue
$0
All Other Contributions
$105,013
Change in Net Assets
$13,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,407
Grants and Similar Amounts Paid$105,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$105,000--$105,000
Fees for Services Management$75,444$0$0$75,444
Occupancy$5,616$0$0$5,616
Insurance$4,104$0$0$4,104
Fees for Services Other$3,899$0$0$3,899
Office Expenses$0$1,585$0$1,585
Other Expenses$791$0$0$791
Fees for Services Accounting$0$739$0$739
Conferences and Meetings$544$0$0$544
Travel$25$0$0$25
Total Functional Expenses$222,083$2,324$0$224,407
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Stadium Park Redevelopment AuthHouston, TX-Schedule O$105,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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
Yes
Filing and Contact Details

Filer

Filer Name
South Main Center Association
EIN
74-1860148
Phone
2818466967
Address
PO Box 273122, Houston, TX 77277

Signing Officer

Name
Chris Mckee
Title
Chair of the Board
Phone
2818466967
Signed
2017-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Mckee
Formed
1976
Legal Domicile
TX
Voting Board Members
26
Independent Board Members
26
Employees
0
Volunteers
26

Preparer

Firm
Joanne L Gore CPA LLC
Address
3323 El Dorado Blvd, Missouri City, TX 77459-3013
Preparer
Joanne Gore
Phone
2813818763
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

The Secretary records minutes at each of the governing meetings.

Pt VI, Line 8B

Committee reports are submitted to the Board of Directors after each meeting.

Pt VI, Line 6

Yes, the organization has members.

Pt VI, Line 7A

Directors are elected at the annual meeting of members and they are defined in the organization's Bylaws which are available on the organization's website and on request.

Pt VI, Line 11B

The draft 990 will be circulated to all board members via email with a deadline for a comment or questions. The 990 is filed only after this opportunity has been given to all board members.

Pt VI, Line 3

The accounting of the organization is in the care of Manifest Creative, LLC.

Pt VI, Line 12C

Enforcement of conflicts policy disclosures are reviewed by the Executive Committee and monitored related to Board actions for recusal.

Other

Schedule I Grant Purpose: Stadium Park Community Enhancement Project is an effort to create a dynamic entry from South Main Street to Kirby Drive with a plaza at the McNee Street entrance to NRG Park. The project includes new sidewalks, new landscaping, 31 additional large trees moved from Post Oak and new LED street lighting on McMee Street. These improvements will benefit NTG Park and its visitors as well as the surrounding area's attractiveness for quality development.

Form 990EZ, Part I, Line 8

Speaker's Series 10000.

Form 990EZ, Part I, Line 16

Equipment maintenance 25.

Form 990EZ, Part I, Line 16

Grants Funded 105000.

Form 990EZ, Part I, Line 16

Insurance 4104.

Form 990EZ, Part I, Line 16

Internet 194.

Form 990EZ, Part I, Line 16

Memberships 225.

Form 990EZ, Part I, Line 16

Office Expense/Meeting 544.

Form 990EZ, Part I, Line 16

Parking 25.

Form 990EZ, Part I, Line 16

Telephone 1107.

Form 990EZ, Part I, Line 16

Website 791.

Form 990EZ, Part II, Line 24

Accounts receivable 2500. 20000.

Form 990EZ, Part II, Line 24

Prepaid expenses 0. 0.

Form 990EZ, Part II, Line 26

Accounts Payable 7013.

Form 990EZ, Part II, Line 26

AMEX Credit Card 1111.

Form 990EZ, Part II, Line 26

Payroll Liabilities 0.

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IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt23Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt24Board Member
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0105000
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IRS990/GrantsToOrganizationsInd0true
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc2Website Expense
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
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IRS990/OtherExpensesGrp/TotalAmt2791
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0CHRIS MCKEE
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IRS990/ReconcilationRevenueExpnssAmt013397
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt034236
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt039834
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0181000
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0361
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IRS990ScheduleA/InvestmentIncomePYPct00.00160
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IRS990ScheduleA/PublicSupportPY509Pct00.85600
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0185750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0181000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0167500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0150000
IRS990ScheduleA/Total509Grp/TotalAmt0922013
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0923087
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/BookValueAmt0115
IRS990ScheduleD/EquipmentGrp/DepreciationAmt035035
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt035150
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0115
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0105000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Schedule O
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Stadium Park Redevelopment Auth
IRS990ScheduleI/RecipientTable/RecipientEIN0473207427
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01281 Brittmoore Road
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Houston
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.45$0.01$4.44$1.46$1.00$0.46
2024Detailed filing. Detailed filing data is available for this year.$3.98$3.98$1.51$1.09$0.42
2023Detailed filing. Detailed filing data is available for this year.$3.56$3.56$1.47$1.16$0.31
2022Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$1.49$1.38$0.11
2021Detailed filing. Detailed filing data is available for this year.$3.15$3.15$1.54$0.93$0.61
2020Detailed filing. Detailed filing data is available for this year.$2.61$0.07$2.54$1.67$0.97$0.69
2019Detailed filing. Detailed filing data is available for this year.$1.84$1.84$1.62$1.09$0.53
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$1.83$0.96$0.87
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.01$0.48$2.38$2.24$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.08$0.34$1.86$1.76$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.38$0.14$0.24$1.81$2.12$0.31
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.04$0.55$1.68$1.95$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.03$0.83$2.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$0.01$1.40$2.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.04$2.11$2.50