Civic Intelligence

Houston Public Library Foundation Inc.

990 • Fiscal year 2022 • EIN 74-1926301

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 18, 2023

Refreshing map…

550 Mckinney StHouston, TX 77002-5000

(832) 393-1464

Siviq Scores

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

Liabilities / Assets

22nd percentile

0.03x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

71st percentile

0.57x

Higher debt load relative to revenue than 71% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

3rd percentile

-135%

Higher net margin than 3% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

23rd percentile

$100,693

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

7th percentile

-17%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

11th percentile

-33%

Faster revenue growth than 11% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Flat

$19,717,451

Flat from 2022

Net Assets

Flat

$19,190,333

Flat from 2022

Liabilities

Flat

$527,118

Flat from 2022

Revenue

Flat

$921,129

Flat from 2022

Expenses

Flat

$2,164,725

Flat from 2022

Net Income

Flat

-$1,243,596

Flat from 2022

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $23,444,759Liabilities 2011: $84,815Net Assets 2011: $23,359,9442011Assets 2012: $22,132,279Liabilities 2012: $401,542Net Assets 2012: $21,730,7372012Assets 2013: $21,093,392Liabilities 2013: $97,855Net Assets 2013: $20,995,5372013Assets 2014: $22,305,396Liabilities 2014: $188,372Net Assets 2014: $22,117,0242014Assets 2015: $21,623,080Liabilities 2015: $428,587Net Assets 2015: $21,194,4932015Assets 2016: $20,361,304Liabilities 2016: $493,255Net Assets 2016: $19,868,0492016Assets 2017: $22,115,967Liabilities 2017: $378,067Net Assets 2017: $21,737,9002017Assets 2018: $22,339,285Liabilities 2018: $767,270Net Assets 2018: $21,572,0152018Assets 2019: $23,117,749Liabilities 2019: $662,318Net Assets 2019: $22,455,4312019Assets 2020: $21,574,975Liabilities 2020: $642,877Net Assets 2020: $20,932,0982020Assets 2021: $23,882,250Liabilities 2021: $963,686Net Assets 2021: $22,918,5642021Assets 2022: $19,717,451Liabilities 2022: $527,118Net Assets 2022: $19,190,3332022Assets 2022: $19,717,451Liabilities 2022: $527,118Net Assets 2022: $19,190,3332022Assets 2023: $20,096,120Liabilities 2023: $510,786Net Assets 2023: $19,585,3342023Assets 2024: $20,489,070Liabilities 2024: $385,229Net Assets 2024: $20,103,8412024Assets 2025: $21,668,588Liabilities 2025: $467,675Net Assets 2025: $21,200,9132025

Highlighted filing

2022

Assets$19,717,451
Liabilities$527,118
Net Assets$19,190,333

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2011: $1,704,409Expenses 2011: $1,753,998Net Income 2011: -$49,5892011Revenue 2012: $1,697,159Expenses 2012: $3,179,935Net Income 2012: -$1,482,7762012Revenue 2013: $1,441,311Expenses 2013: $3,747,984Net Income 2013: -$2,306,6732013Revenue 2014: $1,139,349Expenses 2014: $2,988,080Net Income 2014: -$1,848,7312014Revenue 2015: $1,208,900Expenses 2015: $2,298,600Net Income 2015: -$1,089,7002015Revenue 2016: $986,207Expenses 2016: $2,160,202Net Income 2016: -$1,173,9952016Revenue 2017: $2,804,141Expenses 2017: $2,740,895Net Income 2017: $63,2462017Revenue 2018: $2,326,768Expenses 2018: $3,944,644Net Income 2018: -$1,617,8762018Revenue 2019: $3,734,293Expenses 2019: $3,416,465Net Income 2019: $317,8282019Revenue 2020: $1,801,077Expenses 2020: $4,180,548Net Income 2020: -$2,379,4712020Revenue 2021: $1,377,846Expenses 2021: $2,740,257Net Income 2021: -$1,362,4112021Revenue 2022: $921,129Expenses 2022: $2,164,725Net Income 2022: -$1,243,5962022Revenue 2022: $921,129Expenses 2022: $2,164,725Net Income 2022: -$1,243,5962022Revenue 2023: $1,473,546Expenses 2023: $1,975,891Net Income 2023: -$502,3452023Revenue 2024: $825,891Expenses 2024: $2,275,250Net Income 2024: -$1,449,3592024Revenue 2025: $1,409,539Expenses 2025: $2,555,744Net Income 2025: -$1,146,2052025

Highlighted filing

2022

Revenue$921,129
Expenses$2,164,725
Net Income-$1,243,596
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 18, 2023
Return Version
2021v4.2
Gross Receipts
$921,129
Mission and Program Overview

Mission

Through advocacy and fundraising, the houston public library foundation supports the houston public library's wide range of initiatives with particular emphasis on its neighborhood libraries and their community programs.

The houston public library foundation unites partners who value lifelong learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$22,266,898$18,787,576▼ $3,479,322
Cash and Non-Interest-Bearing Accounts$1,271,050$929,875▼ $341,175
Pledges and Grants Receivable$337,274$0▼ $337,274
Intangible Assets$1,888$0▼ $1,888
Total Assets$23,882,250$19,717,451▼ $4,164,799
Other Assets Total$5,140$0▼ $5,140
Liabilities
Other Liabilities$916,693$524,951▼ $391,742
Accounts Payable and Accrued Expenses$46,993$2,167▼ $44,826
Total Liabilities$963,686$527,118▼ $436,568
Net Assets / Fund Balance
Net Assets With Donor Restrictions$19,549,663$16,574,913▼ $2,974,750
Net Assets Without Donor Restrictions$3,368,901$2,615,420▼ $753,481
Total Net Assets Fund Balance$22,918,564$19,190,333▼ $3,728,231
Total Liabilities and Net Assets / Fund Balance$23,882,250$19,717,451▼ $4,164,799

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$21,251,052$803,182▼ $2,376,752$1,614,412$18,063,069
2020$19,340,490$379,308▲ $3,810,204$2,278,951$21,251,052
2019$22,269,601$586,988▲ $659,001$4,175,100$19,340,490
2018$20,777,362$2,990,069▲ $1,265,541$2,763,371$22,269,601
2017$20,187,921$1,629,114▲ $1,894,108$2,933,781$20,777,362
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sally SwansonExecutive DirectorFT$100,693$100,693

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$754,457
Program Service Revenue
$0
Investment Income
$150,723
Other Revenue
$15,949
All Other Contributions
$754,457
Change in Net Assets
$-1,243,596

Audited Revenue Reconciliation

Revenue per Audited Statements
$921,129
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,484,635
Total Revenue per Audited Statements
$-1,563,506
Total Revenue per Form 990
$921,129
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,483,604
Other Expenses$399,232
Total Fundraising Expense$317,715
Salaries, Compensation, and Employee Benefits$281,889
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,483,604--$1,483,604
Other Salaries and Wages$82,550$52,100$81,093$215,743
Office Expenses$33,506$996$21,149$55,651
Other Employee Benefits$16,332$10,503$20,352$47,187
Fees for Service Investment Mgmnt Fees$45,330--$45,330
Fees for Services Other-$36,418-$36,418
Fees for Services Accounting-$32,500-$32,500
Occupancy$22,885--$22,885
Information Technology$16,670--$16,670
Payroll Taxes$5,310$3,482$6,792$15,584
Pension Plan Contributions$1,168$751$1,456$3,375
Insurance$1,636--$1,636
Other Expenses$1,009-$186,613$1,009
Advertising$260-$260$520
Total Functional Expenses$1,710,260$136,750$317,715$2,164,725

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,164,725
Total Expenses per Audited Statements$2,164,725
Total Expenses per Form 990$2,164,725
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Houston Public LibraryHouston, TX170(c)(1)Support Activities & Operations$1,483,604
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Hou. Public Library$479,759
Ppp Loan$45,192
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
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 B, Line 11B

The 990 is reviewed by management and the finance committee prior to filing. Once reviewed, the 990 is then provided to board trustees via email prior to filing.

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

A conflict of interest questionnaire is distributed annually to each board member. The information collected is then evaluated by the president to determine whether any conflicts exist. If a board member has a conflict of interest with respect to a transaction, he or she is not permitted to participate in the deliberation and decision regarding such transaction.

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

The compensation committee conducts salary surveys of other city-related organizations. This process produces a relevant range into which compensation structures can be formulated. In addition the committee reviews form 990 of similar organizations for comparable salaries.

Form 990, Part VI, Section C, Line 19

As city component unit, certified financial statements are available on the city of houston website. Financial information is distributed by mail to donors and community leaders. In addition, financial information is provided upon request as well as available at the foundation's office for inspection by appointment.

Filing and Contact Details

Filer

Filer Name
Houston Public Library Foundation
EIN
74-1926301
Phone
8323931464
Address
550 MCKINNEY ST, HOUSTON, TX 77002-5000

Signing Officer

Name
Timothy Neal Thomas
Title
Treasurer
Phone
8323931464
Signed
2023-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Licia a Green-ellis
Formed
1977
Legal Domicile
TX
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
600

Preparer

Firm
Carr Riggs & Ingram LLC
Address
TWO RIVERWAY 15TH FLOOR, HOUSTON, TX 77056
Preparer
Kristen Simpson
Phone
7136218090
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

To enhance and support operations of houston public library.

PART X, LINE 2:

The foundation accounts for uncertain tax positions, when it is more likely than not, that such an asset or a liability will be realized. As of june 30, 2022 and 2021, management believes there were no uncertain tax positions.

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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE HOUSTON PUBLIC LIBRARY FOUNDATION EXISTS TO RAISE AND MANAGE FUNDS TO SUPPORT THE PROGRAMS OF THE HOUSTON PUBLIC LIBRARY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt022918564
IRS990/NetAssetsOrFundBalancesEOYAmt019190333
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt015949
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt015949
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2484635
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03368901
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02615420
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt022885
IRS990/OccupancyGrp/TotalAmt022885
IRS990/OfficeExpensesGrp/FundraisingAmt021149
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0996
IRS990/OfficeExpensesGrp/ProgramServicesAmt033506
IRS990/OfficeExpensesGrp/TotalAmt055651
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05140
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt020352
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt010503
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt016332
IRS990/OtherEmployeeBenefitsGrp/TotalAmt047187
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt0186613
IRS990/OtherExpensesGrp/ProgramServicesAmt01009
IRS990/OtherExpensesGrp/TotalAmt0186613
IRS990/OtherExpensesGrp/TotalAmt11009
IRS990/OtherLiabilitiesGrp/BOYAmt0916693
IRS990/OtherLiabilitiesGrp/EOYAmt0524951
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt081093
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt052100
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082550
IRS990/OtherSalariesAndWagesGrp/TotalAmt0215743
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt06792
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03482
IRS990/PayrollTaxesGrp/ProgramServicesAmt05310
IRS990/PayrollTaxesGrp/TotalAmt015584
IRS990/PensionPlanContributionsGrp/FundraisingAmt01456
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0751
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01168
IRS990/PensionPlanContributionsGrp/TotalAmt03375
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0337274
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LICIA A GREEN-ELLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0528891
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02089558
IRS990/PYInvestmentIncomeAmt0813121
IRS990/PYOtherExpensesAmt0303158
IRS990/PYOtherRevenueAmt035834
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1362411
IRS990/PYSalariesCompEmpBnftPaidAmt0347541
IRS990/PYTotalExpensesAmt02740257
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01377846
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-1243596
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0754457
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0528891
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0864430
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02879404
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01708215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06735397
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0150723
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0813721
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0850884
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0719392
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0442325
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02977045
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0453586
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69350
IRS990ScheduleA/PublicSupportPY170Pct00.71080
IRS990ScheduleA/PublicSupportTotal170Amt06735397
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0754457
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0528891
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0864430
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02879404
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01708215
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06735397
IRS990ScheduleA/TotalSupportAmt09712442
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt021251052
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0803182
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt018063069
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-2376752
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01614412
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt019340490
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0379308
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt021251052
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03810204
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt02278951
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt022269601
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0586988
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt019340490
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0659001
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt04175100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt020777362
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt02990069
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt022269601
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01265541
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt02763371
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt020187921
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt01629114
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt020777362
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01894108
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt02933781
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02164725
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-2484635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0479759
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt145192
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FUNDS HELD FOR HOU. PUBLIC LIBRARY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PPP LOAN
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.78450
IRS990ScheduleD/RevenueNotReportedAmt0-2484635
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0921129
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TO ENHANCE AND SUPPORT OPERATIONS OF HOUSTON PUBLIC LIBRARY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS, WHEN IT IS MORE LIKELY THAN NOT, THAT SUCH AN ASSET OR A LIABILITY WILL BE REALIZED. AS OF JUNE 30, 2022 AND 2021, MANAGEMENT BELIEVES THERE WERE NO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.21550
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02164725
IRS990ScheduleD/TotalLiabilityAmt0524951
IRS990ScheduleD/TotalRevenuePerForm990Amt0921129
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-1563506
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02164725
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt01483604
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(C)(1)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT ACTIVITIES & OPERATIONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HOUSTON PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0746001116
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0500 MCKINNEY STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0HOUSTON
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0TX
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd077002
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ON A QUARTERLY BASIS, THE EXECUTIVE STAFF OF HPL PROVIDES THE FOUNDATION WITH A SUMMARY REPORT OF THE UTILIZATION OF GRANT FUNDS, BOTH RESTRICTED AND UNRESTRICTED. IN ADDITION, THE DIRECTOR OF HPL MAKES A PRESENTATION TO THE HPLF BOARD ON PROGRAMS AND FUNDS UTILIZATION AT EACH BOARD MEETING.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY MANAGEMENT AND THE FINANCE COMMITTEE PRIOR TO FILING. ONCE REVIEWED, THE 990 IS THEN PROVIDED TO BOARD TRUSTEES VIA EMAIL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO EACH BOARD MEMBER. THE INFORMATION COLLECTED IS THEN EVALUATED BY THE PRESIDENT TO DETERMINE WHETHER ANY CONFLICTS EXIST. IF A BOARD MEMBER HAS A CONFLICT OF INTEREST WITH RESPECT TO A TRANSACTION, HE OR SHE IS NOT PERMITTED TO PARTICIPATE IN THE DELIBERATION AND DECISION REGARDING SUCH TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE COMPENSATION COMMITTEE CONDUCTS SALARY SURVEYS OF OTHER CITY-RELATED ORGANIZATIONS. THIS PROCESS PRODUCES A RELEVANT RANGE INTO WHICH COMPENSATION STRUCTURES CAN BE FORMULATED. IN ADDITION THE COMMITTEE REVIEWS FORM 990 OF SIMILAR ORGANIZATIONS FOR COMPARABLE SALARIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AS CITY COMPONENT UNIT, CERTIFIED FINANCIAL STATEMENTS ARE AVAILABLE ON THE CITY OF HOUSTON WEBSITE. FINANCIAL INFORMATION IS DISTRIBUTED BY MAIL TO DONORS AND COMMUNITY LEADERS. IN ADDITION, FINANCIAL INFORMATION IS PROVIDED UPON REQUEST AS WELL AS AVAILABLE AT THE FOUNDATION'S OFFICE FOR INSPECTION BY APPOINTMENT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Summary only. Only limited summary data is available for this year.$21.7$0.47$21.2$1.41$2.56$1.15
2024Summary only. Only limited summary data is available for this year.$20.5$0.39$20.1$0.83$2.28$1.45
2023Summary only. Only limited summary data is available for this year.$20.1$0.51$19.6$1.47$1.98$0.50
2022Detailed filing. Detailed filing data is available for this year.$19.7$0.53$19.2$0.92$2.16$1.24
2022Summary only. Only limited summary data is available for this year.$19.7$0.53$19.2$0.92$2.16$1.24
2021Summary only. Only limited summary data is available for this year.$23.9$0.96$22.9$1.38$2.74$1.36
2020Summary only. Only limited summary data is available for this year.$21.6$0.64$20.9$1.80$4.18$2.38
2019Summary only. Only limited summary data is available for this year.$23.1$0.66$22.5$3.73$3.42$0.32
2018Summary only. Only limited summary data is available for this year.$22.3$0.77$21.6$2.33$3.94$1.62
2017Summary only. Only limited summary data is available for this year.$22.1$0.38$21.7$2.80$2.74$0.06
2016Summary only. Only limited summary data is available for this year.$20.4$0.49$19.9$0.99$2.16$1.17
2015Summary only. Only limited summary data is available for this year.$21.6$0.43$21.2$1.21$2.30$1.09
2014Summary only. Only limited summary data is available for this year.$22.3$0.19$22.1$1.14$2.99$1.85
2013Summary only. Only limited summary data is available for this year.$21.1$0.10$21.0$1.44$3.75$2.31
2012Summary only. Only limited summary data is available for this year.$22.1$0.40$21.7$1.70$3.18$1.48
2011Summary only. Only limited summary data is available for this year.$23.4$0.08$23.4$1.70$1.75$0.05