Civic Intelligence

French-American Chamber of Commerce Houston Inc

990 • Fiscal year 2014 • EIN 74-2203667

Jan 01, 2014 to Dec 31, 2014 • Filed on May 12, 2015

777 Post Oak BlvdRoom/Suite 600Houston, TX 77056-3203

(713) 985-3280

Siviq Scores

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

Liabilities / Assets

68th percentile

0.06x

Higher debt load relative to assets than 68% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

68th percentile

0.03x

Higher debt load relative to revenue than 68% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Net Margin

85th percentile

22%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)6 • <$500k nonprofits • Source year 2014

Asset Growth

94th percentile

79%

Faster asset growth than 94% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

92nd percentile

51%

Faster revenue growth than 92% of similar nonprofits.

2014 filings • 501(c)6 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$75,711

Up $33,318 (+79%) from 2013

Net Assets

Up

$71,200

Up $29,082 (+69%) from 2013

Liabilities

Up

$4,511

Up $4,236 (+1540%) from 2013

Revenue

Up

$133,062

Up $44,886 (+51%) from 2013

Expenses

Up

$103,980

Up $22,826 (+28%) from 2013

Net Income

Up

$29,082

Up $22,060 (+314%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $49,531Liabilities 2010: $0Net Assets 2010: $49,5312010Assets 2011: $51,432Liabilities 2011: $0Net Assets 2011: $51,4322011Assets 2012: $35,096Liabilities 2012: $0Net Assets 2012: $35,0962012Assets 2013: $42,393Liabilities 2013: $275Net Assets 2013: $42,1182013Assets 2014: $75,711Liabilities 2014: $4,511Net Assets 2014: $71,2002014Assets 2015: $111,563Liabilities 2015: $50,228Net Assets 2015: $61,3352015Assets 2016: $167,620Liabilities 2016: $25,570Net Assets 2016: $142,0502016Assets 2017: $256,672Liabilities 2017: $51,282Net Assets 2017: $205,3902017Assets 2018: $330,091Liabilities 2018: $37,200Net Assets 2018: $292,8912018Assets 2019: $394,018Liabilities 2019: $32,379Net Assets 2019: $361,6392019Assets 2020: $319,135Liabilities 2020: $60,975Net Assets 2020: $258,1602020Assets 2021: $438,860Liabilities 2021: $127,823Net Assets 2021: $311,0372021Assets 2022: $385,191Liabilities 2022: $78Net Assets 2022: $385,1132022Assets 2023: $488,652Liabilities 2023: $110,536Net Assets 2023: $378,1162023Assets 2024: $566,595Liabilities 2024: $184,285Net Assets 2024: $382,3102024

Highlighted filing

2014

Assets$75,711
Liabilities$4,511
Net Assets$71,200

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $106,8962010Expenses 2011: $90,9662011Expenses 2012: $78,6952012Revenue 2013: $88,176Expenses 2013: $81,154Net Income 2013: $7,0222013Revenue 2014: $133,062Expenses 2014: $103,980Net Income 2014: $29,0822014Revenue 2015: $87,133Expenses 2015: $96,998Net Income 2015: -$9,8652015Revenue 2016: $212,368Expenses 2016: $131,653Net Income 2016: $80,7152016Revenue 2017: $242,875Expenses 2017: $179,535Net Income 2017: $63,3402017Revenue 2018: $234,434Expenses 2018: $146,936Net Income 2018: $87,4982018Revenue 2019: $434,527Expenses 2019: $365,779Net Income 2019: $68,7482019Revenue 2020: $211,529Expenses 2020: $315,008Net Income 2020: -$103,4792020Revenue 2021: $553,075Expenses 2021: $500,797Net Income 2021: $52,2782021Revenue 2022: $796,669Expenses 2022: $722,594Net Income 2022: $74,0752022Revenue 2023: $1,370,145Expenses 2023: $1,377,142Net Income 2023: -$6,9972023Revenue 2024: $1,477,675Expenses 2024: $1,472,678Net Income 2024: $4,9972024

Highlighted filing

2014

Revenue$133,062
Expenses$103,980
Net Income$29,082
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 12, 2015
Return Version
2014v5.0
Gross Receipts
$184,643
Mission and Program Overview

Mission

Business league in the Houston,Texas area for promoting and developing commercial and financial relations between France and The United States.

Business league in the houston, texas area for promoting and developing commercial and financial relations between france and the united states.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$42,053$75,498▲ $33,445
Land, Buildings, and Equipment, Net$340$213▼ $127
Total Assets$42,393$75,711▲ $33,318
Liabilities
Accounts Payable and Accrued Expenses$275$4,511▲ $4,236
Total Liabilities$275$4,511▲ $4,236
Net Assets / Fund Balance
Unrestricted Net Assets$42,118$71,200▲ $29,082
Total Net Assets Fund Balance$42,118$71,200▲ $29,082
Total Liabilities and Net Assets / Fund Balance$42,393$75,711▲ $33,318

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$213$1,249$1,462
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$522
Program Service Revenue
$92,386
Investment Income
$0
Other Revenue
$40,154
All Other Contributions
$522
Change in Net Assets
$29,082
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$70,305
Salaries, Compensation, and Employee Benefits$33,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$43,663--$43,663
Other Salaries and Wages$31,200--$31,200
Occupancy-$8,860-$8,860
Office Expenses$5,802$2,984-$8,786
Fees for Services Accounting-$4,140-$4,140
Travel$3,075--$3,075
Payroll Taxes$2,475--$2,475
Insurance-$1,612-$1,612
Depreciation Depletion$127--$127
Interest-$32-$32
Advertising$10--$10
Total Functional Expenses$86,352$17,628$0$103,980
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$91,600
Fundraising Direct Expenses$51,581
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Soiree Beaujola$91,600$91,600$51,581$40,019
Total Events$91,600$91,600$51,581$40,019
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

Election of directors, any actions required by law, and any action which may be taken by members is voted by active, councillor, life and associate members at annual or special meetings.

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 15A

The compensation of the executive director is determined by the board of directors.

Form 990, Page 6, Part VI, Line 15B

Compensation of employees, other than the executive director, is approved by the board of directors through the annual budget approval process.

Form 990, Page 6, Part VI, Line 19

Governing documents of the chamber are available upon request from the executive director.

Filing and Contact Details

Filer

Filer Name
French-american Chamber
EIN
74-2203667
Phone
7139853280
Address
777 POST OAK BLVD, ROOM/SUITE 600, HOUSTON, TX 77056-3203

Signing Officer

Name
Geoffroy Petit
Title
President
Phone
7139853280
Signed
2015-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoffroy Petit President
Formed
1980
Legal Domicile
TX
Voting Board Members
18
Independent Board Members
18
Employees
1

Preparer

Firm
Peter V Conlan Pc Cpas
Address
5373 WEST ALABAMA SUITE 209, HOUSTON, TX 77056-5923
Preparer
Peter V Conlan
Phone
7138401094
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers includes the directors, officers and committees that organize and and manage the program functions and fund raising events.

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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/PrincipalOfficerNm0GEOFFROY PETIT PRESIDENT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc1TRADE SERVICES - REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LUNCHEONS AND MEETINGS
IRS990/ProgramServiceRevenueGrp/Desc3LASCAUX EXHIBIT
IRS990/ProgramServiceRevenueGrp/Desc4MEMBERS ANNUAL MEETING
IRS990/ProgramServiceRevenueGrp/ExclusionAmt037200
IRS990/ProgramServiceRevenueGrp/ExclusionAmt118156
IRS990/ProgramServiceRevenueGrp/ExclusionAmt218105
IRS990/ProgramServiceRevenueGrp/ExclusionAmt314175
IRS990/ProgramServiceRevenueGrp/ExclusionAmt44750
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt037200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt118156
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt218105
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt314175
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt44750
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0-1
IRS990/PYOtherExpensesAmt039169
IRS990/PYOtherRevenueAmt024856
IRS990/PYProgramServiceRevenueAmt063321
IRS990/PYRevenuesLessExpensesAmt07022
IRS990/PYSalariesCompEmpBnftPaidAmt041985
IRS990/PYTotalExpensesAmt081154
IRS990/PYTotalRevenueAmt088176
IRS990/ReconcilationRevenueExpnssAmt029082
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0213
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01249
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01462
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0213
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt051581
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SOIREE BEAUJOLA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt091600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt091600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt091600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt091600
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt040019
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt051581
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt051581
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS INCLUDES THE DIRECTORS, OFFICERS AND COMMITTEES THAT ORGANIZE AND AND MANAGE THE PROGRAM FUNCTIONS AND FUND RAISING EVENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF DIRECTORS, ANY ACTIONS REQUIRED BY LAW, AND ANY ACTION WHICH MAY BE TAKEN BY MEMBERS IS VOTED BY ACTIVE, COUNCILLOR, LIFE AND ASSOCIATE MEMBERS AT ANNUAL OR SPECIAL MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF EMPLOYEES, OTHER THAN THE EXECUTIVE DIRECTOR, IS APPROVED BY THE BOARD OF DIRECTORS THROUGH THE ANNUAL BUDGET APPROVAL PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS OF THE CHAMBER ARE AVAILABLE UPON REQUEST FROM THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt042393
IRS990/TotalAssetsEOYAmt075711
IRS990/TotalAssetsGrp/BOYAmt042393
IRS990/TotalAssetsGrp/EOYAmt075711
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0522
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt017628
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt086352
IRS990/TotalFunctionalExpensesGrp/TotalAmt0103980
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0275
IRS990/TotalLiabilitiesEOYAmt04511
IRS990/TotalLiabilitiesGrp/BOYAmt0275
IRS990/TotalLiabilitiesGrp/EOYAmt04511
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt042118
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt071200
IRS990/TotalProgramServiceExpensesAmt086352
IRS990/TotalProgramServiceRevenueAmt092386
IRS990/TotalRevenueGrp/ExclusionAmt0132540
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0133062
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt042393
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt075711
IRS990/TravelGrp/ProgramServicesAmt03075
IRS990/TravelGrp/TotalAmt03075
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt042118
IRS990/UnrestrictedNetAssetsGrp/EOYAmt071200
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0777 POST OAK BLVD
IRS990/USAddress/CityNm0HOUSTON
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077056
IRS990/VotingMembersGoverningBodyCnt018
IRS990/VotingMembersIndependentCnt018
IRS990/WebsiteAddressTxt0WWW.FACCHOUSTON.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GEOFFROY PETIT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07139853280
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRENCH-AMERICAN CHAMBER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF COMMERCE HOUSTON INC
ReturnHeader/Filer/BusinessNameControlTxt0FREN
ReturnHeader/Filer/EIN0742203667
ReturnHeader/Filer/PhoneNum07139853280
ReturnHeader/Filer/USAddress/AddressLine1Txt0777 POST OAK BLVD
ReturnHeader/Filer/USAddress/AddressLine2Txt0ROOM/SUITE 600
ReturnHeader/Filer/USAddress/CityNm0HOUSTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd0770563203
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0760324910
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PETER V CONLAN PC CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05373 WEST ALABAMA SUITE 209
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HOUSTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0770565923
ReturnHeader/PreparerPersonGrp/PhoneNum07138401094
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER V CONLAN
ReturnHeader/ReturnTs02015-05-12T14:50:14-05:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.18$0.38$1.48$1.47$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.49$0.11$0.38$1.37$1.38$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.80$0.72$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.44$0.13$0.31$0.55$0.50$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.26$0.21$0.32$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.39$0.03$0.36$0.43$0.37$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.33$0.04$0.29$0.23$0.15$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.26$0.05$0.21$0.24$0.18$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.14$0.21$0.13$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.11$0.05$0.06$0.09$0.10$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.07$0.13$0.10$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.09$0.08$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.00$0.04$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.11