Civic Intelligence

Foundation for the Retarded

990 • Fiscal year 2020 • EIN 74-2179425

Jul 01, 2019 to Jun 30, 2020 • Filed on Jun 09, 2021

Organization Profilewww.thecenterhouston.org
9310 Kirby Drive Suite 900Houston, TX 77054

(713) 525-8405

Siviq Scores

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

Liabilities / Assets

29th percentile

0.10x

Higher debt load relative to assets than 29% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Liabilities / Revenue

64th percentile

0.70x

Higher debt load relative to revenue than 64% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Net Margin

97th percentile

78%

Higher net margin than 97% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Top Officer Pay

27th percentile

$224,334

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2020

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Revenue Growth

2nd percentile

-77%

Faster revenue growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$50,732,582

Up $7,672,579 (+18%) from 2019

Net Assets

Up

$45,869,622

Up $5,689,230 (+14%) from 2019

Liabilities

Up

$4,862,960

Up $1,983,349 (+69%) from 2019

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin97th percentile

Revenue

Down

$6,989,234

Down $23,561,410 (-77%) from 2019

Expenses

Down

$1,523,912

Down $588,026 (-28%) from 2019

Net Income

Down

$5,465,322

Down $22,973,384 (-81%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

2020

Assets$50,732,582
Liabilities$4,862,960
Net Assets$45,869,622
Open 2020 Filing

Operations Trend

Revenue Growth2nd percentile

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

2020

Revenue$6,989,234
Expenses$1,523,912
Net Income$5,465,322
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jun 9, 2021
Return Version
2019v5.0
Gross Receipts
$9,361,185
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 For Pursuit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,288,646$22,918,512▲ $20,629,866
Savings and Temporary Cash Investments$31,725,530$16,816,501▼ $14,909,029
Investments in Publicly Traded Securities$7,739,679$7,895,916▲ $156,237
Pledges and Grants Receivable$481,426$583,413▲ $101,987
Prepaid Expenses and Deferred Charges-$60,199-
Cash and Non-Interest-Bearing Accounts$62,832$54,029▼ $8,803
Accounts Receivable$6,849$6,849→ $0
Other Notes and Loans Receivable, Net$111$111→ $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$43,060,003$50,732,582▲ $7,672,579
Other Assets Total$754,930$2,397,052▲ $1,642,122
Liabilities
Escrow Account Liability$2,234,998$2,234,939▼ $59
Accounts Payable and Accrued Expenses$169,754$2,117,237▲ $1,947,483
Other Liabilities$474,859$510,784▲ $35,925
Total Liabilities$2,879,611$4,862,960▲ $1,983,349
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,979,136$36,807,064▲ $3,827,928
Net Assets With Donor Restrictions$7,201,256$9,062,558▲ $1,861,302
Total Net Assets Fund Balance$40,180,392$45,869,622▲ $5,689,230
Total Liabilities and Net Assets / Fund Balance$43,060,003$50,732,582▲ $7,672,579

Asset Categories

AssetBook ValueDepreciationBasis
Land$15,879,823-$15,879,823
Buildings$6,383,918-$6,383,918
Leasehold Improvements$654,771$219,981$874,752

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,306,311-▲ $85,026$85,026$1,306,311
2018$1,306,311-▲ $87,087$87,087$1,306,311
2017$1,306,311-▲ $351,000$351,000$1,306,311
2016$1,306,311---$1,306,311
2015$1,306,311---$1,306,311
Compensation and Service Providers
Top Officer Pay27th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Kevin KernCOOPT$145,605$145,605

Board Members and Trustees

NameTitle
Glen ShepardPresident
Charles CantonCEO
David PomerantzCFO
David BaldwinGovernor
David CunninghamGovernor
Lisa SchottGovernor
Shaheen LadhaniSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Sterling AssociatesFundraising55 Waugh Drive Suite 601, Houston, TX 77007$180,000
Revenue and Support

Revenue Composition

Contributions and Grants
$6,276,708
Program Service Revenue
$0
Investment Income
$621,887
Other Revenue
$90,639
All Other Contributions
$6,276,708
Change in Net Assets
$5,465,322

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Other1$4,550,000Fair Market Value (FMV)
Total Noncash Contributions1$4,550,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,043,809
Grants and Similar Amounts Paid$300,103
Total Fundraising Expense$235,287
Professional Fundraising Fees$180,000
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$581,780$57,487$43,095$682,362
Grants to Domestic Orgs$300,103--$300,103
Depreciation Depletion$190,002--$190,002
Fees for Services Professional Fundraising--$180,000$180,000
Fees for Services Management$100,582$20,867$2,923$124,372
Fees for Service Investment Mgmnt Fees-$31,300-$31,300
Fees for Services Other-$4,004$9,269$13,273
Other Expenses-$2,500-$2,500
Total Functional Expenses$1,172,467$116,158$235,287$1,523,912
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Center For PursuitHouston, TX501(c)(3)To fund exempt purpose$300,103
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$180,000
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
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to The Center$510,784
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
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, Line 11B: Form 990 Review Process

“The organization's Form 990 is reviewed and approved by the board's Budget & Finance Committee prior to filing. It is made available to board members after the return has been filed.”

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

“Board members and officers are required to self-report any conflicts of interest to management. Management monitors and enforces compliance with the conflict of interest policy. Annual compliance statements are required from trustees, officers, and key employees.”

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

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Pursuit Foundation
EIN
74-2179425
Phone
7135258405
Address
9310 Kirby Drive Suite 900, Houston, TX 77054

Signing Officer

Name
David Pomerantz
Title
CFO
Signed
2021-06-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Canton
Formed
1981
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

“Residents trust and custodial accounts represents cash and investments maintained by the Organization in a fiduciary capacity for the benefit of certain residents. These funds generally serve as a supplemental source to provide for certain living expenses of their beneficiaries. The Organization has no financial interest in these assets and serves only in a fiduciary capacity. Such accounts are reflected as assets with equal offsetting liabilities within the statements of financial position. Earnings and expenses of trust funds are excluded from the accompanying statement of activities. In certain situations, the Organization is a remainder beneficiary of these trusts.”

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

“The Endowment's primary purpose is to provide financial support for The Center For Pursuit.”

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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/InvestmentsPubTradedSecGrp/EOYAmt07895916
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LandBldgEquipBasisNetGrp/BOYAmt02288646
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022918512
IRS990/LandBldgEquipCostOrOtherBssAmt023138493
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02371951
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of the Pursuit Foundation is to assure that The Center For Pursuit has the necessary financial resources to meet the needs of persons it serves, to improve public awareness of and support persons with developmental disabilities, to operate a lifecare program that offers guardianship, advocacy and trust services, and to monitor the quality of life for persons with developmental disabilities enrolled in their programs.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt040180392
IRS990/NetAssetsOrFundBalancesEOYAmt045869622
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-19447
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-19447
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0223908
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt032979136
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt036807064
IRS990/NoncashContributionsAmt04550000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt043095
IRS990/OccupancyGrp/ManagementAndGeneralAmt057487
IRS990/OccupancyGrp/ProgramServicesAmt0581780
IRS990/OccupancyGrp/TotalAmt0682362
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0754930
IRS990/OtherAssetsTotalGrp/EOYAmt02397052
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Dues and subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02500
IRS990/OtherExpensesGrp/TotalAmt02500
IRS990/OtherLiabilitiesGrp/BOYAmt0474859
IRS990/OtherLiabilitiesGrp/EOYAmt0510784
IRS990/OtherRevenueMiscGrp/Desc0FEMA disaster relief
IRS990/OtherRevenueMiscGrp/ExclusionAmt090639
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt090639
IRS990/OtherRevenueTotalAmt090639
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0111
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0111
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0481426
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0583413
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt060199
IRS990/PrincipalOfficerNm0Charles Canton
IRS990/ProfessionalFundraisingInd0true
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0197577
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt01394560
IRS990/PYInvestmentIncomeAmt029800737
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0717378
IRS990/PYOtherRevenueAmt0552330
IRS990/PYRevenuesLessExpensesAmt028438706
IRS990/PYTotalExpensesAmt02111938
IRS990/PYTotalRevenueAmt030550644
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt05465322
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt031725530
IRS990/SavingsAndTempCashInvstGrp/EOYAmt016816501
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0741272417
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt01333910
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0The Center For Pursuit
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt01333910
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/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt06383918
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06383918
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01306311
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01306311
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt085026
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt085026
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01306311
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01306311
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt087087
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt087087
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01306311
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01306311
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0351000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0351000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01306311
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01306311
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01306311
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01306311
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt015879823
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015879823
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0654771
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0219981
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0874752
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0510784
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to The Center
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RelatedOrgListSchRInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Residents trust and custodial accounts represents cash and investments maintained by the Organization in a fiduciary capacity for the benefit of certain residents. These funds generally serve as a supplemental source to provide for certain living expenses of their beneficiaries. The Organization has no financial interest in these assets and serves only in a fiduciary capacity. Such accounts are reflected as assets with equal offsetting liabilities within the statements of financial position. Earnings and expenses of trust funds are excluded from the accompanying statement of activities. In certain situations, the Organization is a remainder beneficiary of these trusts.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Endowment's primary purpose is to provide financial support for The Center For Pursuit.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b: Explanation of escrow account liability
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part V, Line 4: Intended uses of the endowment fund.
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022918512
IRS990ScheduleD/TotalLiabilityAmt0510784
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0Fundraising
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt02158000
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt01978000
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0Sterling Associates
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt0180000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt055 Waugh Drive Suite 601
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0Houston
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd077007
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0TX
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SolicitationOfNonGovtGrantsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt02158000
IRS990ScheduleG/TotalNetToOrganizationAmt01978000
IRS990ScheduleG/TotalRetainedByContractorsAmt0180000
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0300103
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,732,582
Liabilities
$4,862,960
Net assets
$45,869,622
Revenue
$6,989,234
Expenses
$1,523,912
Net income
$5,465,322
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