Civic Intelligence

Foundation for the Retarded

990 • Fiscal year 2016 • EIN 74-2179425

Jul 01, 2015 to Jun 30, 2016 • Filed on May 17, 2017

3550 West DallasHouston, TX 77019-0564

(713) 525-8405

Siviq Scores

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

Liabilities / Assets

67th percentile

0.44x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.70x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

96th percentile

78%

Higher net margin than 96% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$173,123

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

97th percentile

89%

Faster asset growth than 97% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

99th percentile

611%

Faster revenue growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$18,865,561

Up $8,879,439 (+89%) from 2015

Net Assets

Up

$10,642,843

Up $9,191,787 (+633%) from 2015

Liabilities

Down

$8,222,718

Down $312,348 (-3.7%) from 2015

Revenue

Up

$11,788,516

Up $10,129,543 (+611%) from 2015

Expenses

Up

$2,582,576

Up $781,302 (+43%) from 2015

Net Income

Up

$9,205,940

Up $9,348,241 (+6569%) from 2015

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2010: $9,176,419Liabilities 2010: $7,300,213Net Assets 2010: $1,876,2062010Assets 2011: $11,406,909Liabilities 2011: $9,034,073Net Assets 2011: $2,372,8362011Assets 2012: $11,283,741Liabilities 2012: $8,872,598Net Assets 2012: $2,411,1432012Assets 2013: $11,058,098Liabilities 2013: $8,821,205Net Assets 2013: $2,236,8932013Assets 2014: $10,559,258Liabilities 2014: $8,925,050Net Assets 2014: $1,634,2082014Assets 2015: $9,986,122Liabilities 2015: $8,535,066Net Assets 2015: $1,451,0562015Assets 2016: $18,865,561Liabilities 2016: $8,222,718Net Assets 2016: $10,642,8432016Assets 2017: $15,017,198Liabilities 2017: $2,810,658Net Assets 2017: $12,206,5402017Assets 2018: $14,233,967Liabilities 2018: $2,720,606Net Assets 2018: $11,513,3612018Assets 2019: $43,060,003Liabilities 2019: $2,879,611Net Assets 2019: $40,180,3922019Assets 2020: $50,732,582Liabilities 2020: $4,862,960Net Assets 2020: $45,869,6222020Assets 2021: $65,855,899Liabilities 2021: $26,541,977Net Assets 2021: $39,313,9222021Assets 2022: $62,182,991Liabilities 2022: $24,296,074Net Assets 2022: $37,886,9172022Assets 2023: $60,471,750Liabilities 2023: $24,613,517Net Assets 2023: $35,858,2332023Assets 2024: $55,127,915Liabilities 2024: $25,365,928Net Assets 2024: $29,761,9872024

Highlighted filing

2016

Assets$18,865,561
Liabilities$8,222,718
Net Assets$10,642,843

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $1,638,3252010Expenses 2011: $1,743,5502011Revenue 2012: $1,870,977Expenses 2012: $1,941,515Net Income 2012: -$70,5382012Expenses 2013: $2,668,9132013Revenue 2014: $1,629,237Expenses 2014: $2,222,561Net Income 2014: -$593,3242014Revenue 2015: $1,658,973Expenses 2015: $1,801,274Net Income 2015: -$142,3012015Revenue 2016: $11,788,516Expenses 2016: $2,582,576Net Income 2016: $9,205,9402016Revenue 2017: $4,823,404Expenses 2017: $2,816,540Net Income 2017: $2,006,8642017Revenue 2018: $1,837,791Expenses 2018: $2,123,248Net Income 2018: -$285,4572018Revenue 2019: $30,550,644Expenses 2019: $2,111,938Net Income 2019: $28,438,7062019Revenue 2020: $6,989,234Expenses 2020: $1,523,912Net Income 2020: $5,465,3222020Revenue 2021: $12,885,980Expenses 2021: $20,239,424Net Income 2021: -$7,353,4442021Revenue 2022: $2,786,898Expenses 2022: $3,311,324Net Income 2022: -$524,4262022Revenue 2023: $610,436Expenses 2023: $2,931,389Net Income 2023: -$2,320,9532023Revenue 2024: $850,434Expenses 2024: $2,475,136Net Income 2024: -$1,624,7022024

Highlighted filing

2016

Revenue$11,788,516
Expenses$2,582,576
Net Income$9,205,940
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 17, 2017
Return Version
2015v3.0
Gross Receipts
$14,425,927
Mission and Program Overview

Mission

The mission of the center foundation is to assure that the center has the necessary financial resources to meet the needs of persons it serves; to improve public awareness of and support for persons with developmental disabilities; and to operate a lifecare program that offers guardianship, advocacy and trust services, and monitors the quality of life for persons with developmental disabilities enrolled in the program.

Supporting organization for the center serving persons with mental retardation d/b/a the center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$0$6,609,334▲ $6,609,334
Land, Buildings, and Equipment, Net$5,205,133$5,205,133→ $0
Investments in Publicly Traded Securities$3,616,572$3,250,677▼ $365,895
Pledges and Grants Receivable$197,825$2,607,045▲ $2,409,220
Cash and Non-Interest-Bearing Accounts$132,952$352,843▲ $219,891
Accounts Receivable$33,532$40,397▲ $6,865
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
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$9,986,122$18,865,561▲ $8,879,439
Other Assets Total$800,108$800,132▲ $24
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,000,000$6,000,000→ $0
Other Liabilities$2,394,633$2,152,655▼ $241,978
Accounts Payable and Accrued Expenses$140,433$70,063▼ $70,370
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$8,535,066$8,222,718▼ $312,348
Net Assets / Fund Balance
Temporarily Rstr Net Assets$422,801$9,799,000▲ $9,376,199
Permanently Rstr Net Assets$1,306,174$1,306,175▲ $1
Unrestricted Net Assets$-277,919$-462,332▼ $184,413
Total Net Assets Fund Balance$1,451,056$10,642,843▲ $9,191,787
Total Liabilities and Net Assets / Fund Balance$9,986,122$18,865,561▲ $8,879,439

Asset Categories

AssetBook ValueDepreciationBasis
Land$5,205,133-$5,205,133
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jerry W AndersonCFOPT$45,958$74,002$119,960
Revenue and Support

Revenue Composition

Contributions and Grants
$11,981,744
Program Service Revenue
$190,109
Investment Income
$48,415
Other Revenue
$-431,752
All Other Contributions
$1,801,098
Change in Net Assets
$9,205,940

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5$221,914Immediate Sale
Other Non Cash Contri Table2$57,232Fair Market Value (FMV)
Total Noncash Contributions7$279,146-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,190,244
Other Expenses$1,008,253
Salaries, Compensation, and Employee Benefits$384,079
Total Fundraising Expense$378,467
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,190,244--$1,190,244
Other Expenses$46,357$26,696$291,833$364,886
Interest$300,058--$300,058
Fees for Services Other$101,509$177,699$20,307$299,515
Other Salaries and Wages$102,377$130,572$50,034$282,983
Current Officers, Directors, Trustees, and Key Employees$22,979$22,979-$45,958
Other Employee Benefits$19,873$1,725$5,780$27,378
Office Expenses$15,460$175$3,972$19,607
Payroll Taxes$9,978$3,000$3,983$16,961
Fees for Services Accounting-$12,000-$12,000
Pension Plan Contributions$10,799--$10,799
Fees for Service Investment Mgmnt Fees-$7,069-$7,069
Occupancy$1,280$1,280$2,558$5,118
Total Functional Expenses$1,820,914$383,195$378,467$2,582,576
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Center Serving Persons With Mental Retardationhouston, TX501(c)(3)Contributions$1,190,244
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$507,639
Fundraising Gross Income$75,887
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pursuit$10,039,122-$412,940-
Ypg$168,057$50,478$26,034$24,444
Total Events$10,256,362$60,088$469,026$-408,938
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
Lifecare Trust Accounts$2,152,655
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
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 2:

Anthony borreca and christopher borreca - father/son relationship

FORM 990, PART VI, SECTION A, LINE 7A:

The center serving persons with mental retardation d/b/a the center appoints a majority of the trustees of the center foundation.

FORM 990, PART VI, SECTION B, LINE 11:

The center foundation's form 990 is reviewed and approved by the board's budget & finance committee prior to filing. Copies of the form 990 are made available to board members after the return as been filed.

FORM 990, PART VI, SECTION B, LINE 12C:

The trustees and officers are fully aware of a need to assure there are no conflicts of interest and are required to self-report any conflicts. Foundation management also monitors and enforces compliance with the conflict of interest policy. Annual statements are required of trustees, officers, and key employees.

FORM 990, PART VI, SECTION B, LINE 15A:

The foundation's executive committee serving as a compensation committee annually reviews the compensation of the foundation's chief development officer. Included in the process is a review of performance and industry comparables. The process and decision is reported to the full board of trustees.

FORM 990, PART VI, SECTION C, LINE 18:

The organization makes its forms 1023 and 990 available to the public upon request.

FORM 990, PART VI, SECTION C, LINE 19:

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Foundation for the Retarded
EIN
74-2179425
In Care Of
% DAVID POMERANTZ
Phone
7135258405
Address
3550 WEST DALLAS, HOUSTON, TX 77019-0564
Doing Business As
The Center Foundation

Signing Officer

Name
David Pomerantz
Title
CFO
Phone
7135258405
Signed
2017-05-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glen Shepard
Formed
1981
Legal Domicile
TX
Voting Board Members
22
Independent Board Members
22
Employees
5
Volunteers
1,276

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE SUITE 800, MCLEAN, VA 22102
Preparer
Joyce Underwood
Phone
7038930600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There have been no changes during the year in the process for oversight of the audit of the financial statements.

Form 990 Part IX Line 11G

Description:contract labor total fees:76620

Form 990 Part IX Line 11G

Description:outside services total fees:222895

Financial Statement Notes

Part X, LINE 2:

In accordance with ASC 740-10, the Company is required to recognize in its financial statements the impact of a tax position that is more likely than not to be sustained upon examination based upon the technical merits of the position, including resolution of any appeals. The standard provides guidance on recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Companys evaluation, the Company has concluded that there are no significant uncertain tax positions requiring recognition in the Companys financial statements. The evaluation was performed for the tax years which remain subject to examination by major tax jurisdictions as of June 30, 2016.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm4Lisa F Schott
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IRS990/Form990PartVIISectionAGrp/PersonNm6Joseph A Bount Jr
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IRS990/Form990PartVIISectionAGrp/PersonNm12Elizabeth DeLuca
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IRS990/Form990PartVIISectionAGrp/PersonNm17Charles Lusk
IRS990/Form990PartVIISectionAGrp/PersonNm18Jack B Manning
IRS990/Form990PartVIISectionAGrp/PersonNm19Kelly Mattson
IRS990/Form990PartVIISectionAGrp/PersonNm20Mark McCollum
IRS990/Form990PartVIISectionAGrp/PersonNm21Richard Rosenberg
IRS990/Form990PartVIISectionAGrp/PersonNm22Eva T Aguirre
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IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
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IRS990/MissionDesc0THE MISSION OF THE CENTER FOUNDATION IS TO ASSURE THAT THE CENTER HAS THE NECESSARY FINANCIAL RESOURCES TO MEET THE NEEDS OF PERSONS IT SERVES; TO IMPROVE PUBLIC AWARENESS OF AND SUPPORT FOR PERSONS WITH DEVELOPMENTAL DISABILITIES; AND TO OPERATE A LIFECARE PROGRAM THAT OFFERS GUARDIANSHIP, ADVOCACY AND TRUST SERVICES, AND MONITORS THE QUALITY OF LIFE FOR PERSONS WITH DEVELOPMENTAL DISABILITIES ENROLLED IN THE PROGRAM.
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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.$55.1$25.4$29.8$0.85$2.48$1.62
2023Detailed filing. Detailed filing data is available for this year.$60.5$24.6$35.9$0.61$2.93$2.32
2022Detailed filing. Detailed filing data is available for this year.$62.2$24.3$37.9$2.79$3.31$0.52
2021Detailed filing. Detailed filing data is available for this year.$65.9$26.5$39.3$12.9$20.2$7.35
2020Detailed filing. Detailed filing data is available for this year.$50.7$4.86$45.9$6.99$1.52$5.47
2019Detailed filing. Detailed filing data is available for this year.$43.1$2.88$40.2$30.6$2.11$28.4
2018Detailed filing. Detailed filing data is available for this year.$14.2$2.72$11.5$1.84$2.12$0.29
2017Summary only. Only limited summary data is available for this year.$15.0$2.81$12.2$4.82$2.82$2.01
2016Detailed filing. Detailed filing data is available for this year.$18.9$8.22$10.6$11.8$2.58$9.21
2015Detailed filing. Detailed filing data is available for this year.$9.99$8.54$1.45$1.66$1.80$0.14
2014Detailed filing. Detailed filing data is available for this year.$10.6$8.93$1.63$1.63$2.22$0.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$8.82$2.24$2.67
2012Summary only. Only limited summary data is available for this year.$11.3$8.87$2.41$1.87$1.94$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$9.03$2.37$1.74
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.18$7.30$1.88$1.64